Slushpool Zcash Introductory Period Ending - 2% Pool Fee As of August 8th

Not surprising. However, I don’t think 2% out of the gate wan’t a smart decision, especially due to it’s super low hashrate compared to the network. Ah well.

Was just about to give them a try for 1,2 days and saw that news… As a new miner (newbie overall) testing everything possible that can be mined with 1080tis. Would appreciate tips what’s most profitable out there as coin, pool, miner etc. :slight_smile:

The difference is in how frequent you want payouts. You’re going to make the same regardless of pool. The difference in profits is minimal. Larger pools payout little amounts more frequently and smaller pools payout larger amounts less frequently.

As of August 8th there’ll be little difference between the more popular pools aside from interfaces.

Thanks for the info.
Tried to mine Lbry for 24h made a little bit less than Zcash.

And btw on the topic: Why would slush do that 2% fee when every other pool is having 1%. I even read that they have hard time for hours with finding blocks or something. Literally was setting up my bat to test them because of the app and the nice interface they have.

Your guess is as good as mine. It’s almost as if they’re wanting to push miners away so they can throw in the towel. They really should have gone with 1% or even less if they want to stay competitive.

I’ve sent them some feedback regarding the new fee. While I agree with their assertion that their tools and interface are far above the rest, that’s just not enough to justify a 2% fee while the other larger pools don’t even charge that much.

The interface is just an interface and the app is unnecessary. Open Chrome, open your dashboard and you have more info than with the app and you have saved some phone resources. So 2% is not justified for interface and app.

P.S. Dashboard does not open from Android Firefox. Does it work for you?

Guess you guys are just looking at Flypool -

Could be worse as F2Pool is charging 5% and they have over 57MH/s and Slush is at 2.5-3MH/s

23 AM

Not at all. I looked at several different pools. The majority have a fee lower than 2%. A few have 2% and F2Pool is the only one I’ve found that has 5%.

Are you also comparing the payout scheme between all the pools? PPS has historically charged a higher fee than PPLNS/PROP etc payout methods. So that has to also be considered when comparing fee’s and not just hash rate…

PPS - Pay Per Share. Each submitted share is worth certain amoutripnt of BC. Since finding a block requires shares on average, a PPS method with 0% fee would be 12.5 BTC divided by . It is risky for pool operators, hence the fee is highest.

PPLNS - Pay Per Last N Shares. Similar to proportional, but instead of looking at the number of shares in the round, instead looks at the last N shares, regardless of round boundaries.

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Thanks for posting that explanation. Personally I’m aware of all that but others may not be.

Doesn’t change my opinion though. It’s still too high a fee for the current pool hashrate.

From what I saw and read Slushpool is not true PPS more of a hybrid i.e. your shares is not how many shares you submit but your average share rate over the last 2 hours. So works great IF it can regularly find a block every 2 hours or so, but with such low hash we often see 8-10hour grinds…

I am a fan of slushpool and did see more zec per day from it that flypool on the same setup, But going to 2% and the expected drop in hash. nope not for me., if slush was true pps then ok, maybe, or if big block of miners went there ok, (cant see that happening now)

Personally have moved to miningpoolhub. pretty regular coin find due to has around 10->15MH/s and the pplns pays out after you stop mining, which I always thought was the way it was supposed to work (why not on fly?)
oh and 0.9 commission.

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Are you still mining at Slushpool after 8th August (with 2% fee)? Or did you change pool? Where did you go?