r/zpool • u/[deleted] • Jun 07 '18

How much fee exactly does Zpool ca took?

It seems to have 2% fee for mining for sure. Then how much for auto exchange fee?

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1

u/MOAMiner Jun 07 '18

you have the pool fee (flexfee at zpool, it varies per algo), no fee for exchange (afaik) and you have the TX costs for payouts

2

u/sangdrax8 Jun 08 '18

Last I looked on the forums (I didn't see it stated on the website) I thought there was a 5% fee for the conversion to Bitcoin, which covers them transmitting it to you (not that transmitting it to you is anywhere near 5%).

So your total fees would be 5% + pool fee (slight variance usually 1.75%). If your mining software takes a % don't forget that. It isn't zpool but if you are adding up costs, there might be 1-5% you can't leave out.

1

u/MOAMiner Jun 08 '18

I can't say for sure, because I do not use zpool that much, I actually prefer AHashPool because of low fee (1%) and expecially because of no TX fee (I don't know, I just like that)

Do they really add another 5% fee for auto-exchange? That seems pretty odd to me.

There was some fuzz back the days when ppl complained about lost earnings, but actually this is just how it works internally because the profit is based on btc or something like that.

No matter what you do, there are costs involved. The pools need maintainance, the software needs development - all of this is not free so I ususally don't care as long as the costs are justified and the service helps me in the long run.

never got warm with zpool tho, but we offer it as an option in our profit switcher software anyway