Don't get me wrong. I"m totally fine with paying for an app, especially if it makes me money and is better than the competition. The 1% fee for ETH and the additional 1% fee for DCR/SIA was perfect. I'm in/from the financial industry. 1% is standard for a service. It's common to have multiple services on the same money, so 1, up to 2% is typical. Now the fee for ZEC is 2.5%. Add in the pool fee, and we're starting to see a good chunk of money being taken out. Is it higher 'just because he can' or is if for a good reason?
More importantly, the lack of transparency on the 'fee' is a bit disconcerting. Boysie did a good write up on the uncanny luck of Claymore to pick up shares during it's 'time' of mining. In almost any transaction these days, especially with technology, you know EXACTLY how much you are paying (and how much the seller is getting), usually INSTANTLY. Charts and graphs are common. Do any of you know exactly how much Claymore is getting?
Let me go back to my original statement. It's great software. He deserves a percentage. I don't mind paying. I just wish I knew exactly how much work my miners are doing for him (And I wish it didn't keep going up and up..) (Please don't flame me. It's just a conversation)
More importantly, the lack of transparency on the 'fee' is a bit disconcerting. Boysie did a good write up on the uncanny luck of Claymore to pick up shares during it's 'time' of mining. In almost any transaction these days, especially with technology, you know EXACTLY how much you are paying (and how much the seller is getting), usually INSTANTLY. Charts and graphs are common. Do any of you know exactly how much Claymore is getting?
Let me go back to my original statement. It's great software. He deserves a percentage. I don't mind paying. I just wish I knew exactly how much work my miners are doing for him (And I wish it didn't keep going up and up..) (Please don't flame me. It's just a conversation)