Mike
My feedback
4 results found
-
23 votesMike
supported this idea
·
-
15 votes
An error occurred while saving the comment Mike
supported this idea
·
-
62 votes
An error occurred while saving the comment Mike
commented
Hi Alex,
you have developed a very good miner, which can generate a decent yield. You also had a good idea to support some of your costs with ads, and thus allowing users to receive more into their wallets. Unfortunately, for most users, GroupFabric distributes (on a weekly basis) only bitcoin dust. I mean, just by looking at your distributions at blockchain.info I could see that only a small minority receives an amount that can actually be useful. The rest of the people is collecting only bitcoin dust, and they would now have to pay ridiculously high transaction fees in order to spend it.
May I suggest some options how to resolve this situation?
(1) Raise the current autopay amount from 5000 satoshi to whatever is the more realistic amount in current high-fee environment. (10000?, 15000?)
(2) Let users choose their minimum withdrawal (with autopay over the weekend).
(3) Insert a checkbox with pre-set amounts of minimum withdrawals, e.g. 5000, 10000, 15000. (That should be easier to implement than (2).)
(4) Do not pay on a weekly basis, but rather bi-weekly. (Upon further thought, that might generate chaos among some users.)
(5) Do nothing and let us hope that the currently high fees will subside. (I personally doubt it.)Resolving this bitcoin dust issue might actually benefit most users more than, say, improving the yield of an algorithm by 3%. But, of course, this "improved yield" only becomes apparent when users actually try to spend their coins and face the high fee issue.
Thumbs up to the dev team!
Mike
supported this idea
·
-
50 votesMike
supported this idea
·
I agree that some sort of dashboard would be nice. Especially today, when all my five Windows 10 devices are constantly starting to mine and stopping again within a minute or two. Some info about what is going on would be useful. Also, I am curious and I would welcome some info about what we are actually mining at the moment. I doubt that it is actually bitcoin. Maybe Monero, Sumokoin or KRB? Who knows. But I understand that GroupFabric wants to keep it as simple as possible for the users who know next to nothing about cryptocurrencies. I rather like the idea that even my mother is able to download Bitcoin Miner from the Microsoft Store by herself and start mining.