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Re: Zorax post# 30

Wednesday, 12/06/2017 8:36:49 PM

Wednesday, December 06, 2017 8:36:49 PM

Post# of 12275
Mining pools levy a small percentage fee to all users for the privilege of using the system. The advantage of a mining pool is it enables lower computing power users to be paid fractions of a coin on a regular basis for their work. This is because if the lower computing power user went out to mine on their own it could be years before they see even one full coin in their results. (I'm talking about mining bitcoins on a laptop not this type but it's the same idea how it works.)

The mining pool also lets the smaller miners band together in a cooperative to share resources and results. It isn't going to do that for free. I've found the 2% fee on HappyPool minimal I have about 80 coins using it so far and who cares if they took 1.6 of them. It is like paying to use the toll road, it gives results while my plusone application has been also computing along but has no new deposit activity. It must still be going through a long process run and I have to wait. HappyPool charges a nominal fee to see some results and have some coin 'cash flow' if you will.

Anyhow here is the link with instructions and how to download and get started.

https://happypool.co/index.php?page=gettingstarted