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Look like a scam #325

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FoodIsGood opened this issue Jun 10, 2024 · 5 comments
Open

Look like a scam #325

FoodIsGood opened this issue Jun 10, 2024 · 5 comments

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@FoodIsGood
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FoodIsGood commented Jun 10, 2024

Did you notice, that fee for gpu farming is overwhelming? For me, last 50 blocs I paid 18 blocks as fee. It is not one of four blocks. It is 1.77. so, it is not 3%.it is close to 6%.what is going on?
Screenshot_20240610-071807

@spleen911
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The fee % is of your rewards, not just your blocks.

Imagine if someone was really unlucky and only won a block once every 2-3 months == Max would never get paid. Sum your total rewards for the time period and calculate the % based on XCH from blocks used as a fee.

For me, 15 of 63 block rewards were used as fees, but I received 80 XCH from daily farming rewards during that time period.

@FoodIsGood
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exactly, I calculated what is the real percentege for me out of all payment. It is close to 5-6 percent. Not a 3.15

@spleen911
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Share your math with the actual numbers. Maybe you are unusually unlucky on the random block fee. My average is less than 3%. It is a random selection and an average fee. Some will be higher, other lower. GH compression will, on average, increase your daily rewards and chances of getting a block reward. We pay a DEV fee for those extra rewards and opportunity.

My farm is >200% compression and my daily rewards finally match my pre-halving rewards so even if my fee was 5% flat, I am happy to be making 0.50 XCH again. I also hit 9 block rewards in last 10 days (2 went to Max as fees).

It isn't a scam. You should edit the issue title to reflect the real issue == you question the fee calculation process. There are plenty of other issues (most closed and one of them I opened last year when I first switched to GH) of the same nature. The fee % is an average and will settle over time. My first two months were higher than 3%, but now 8 months in I am lower than 3% and my total XCH is much higher than it would be without XCH.

@madMAx43v3r
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18 out of 50 is 0.36, with 0.25 being the target. So you are paying 4.5% (18/50/8), still within normal randomness.

@madMAx43v3r
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exactly, I calculated what is the real percentege for me out of all payment. It is close to 5-6 percent. Not a 3.15

You calculated wrong though, 18 out of 50 is 1 in 2.77, not 1 in 1.77. It's still more than the target, but that's just how it goes, you can be lucky or unlucky at times.

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