I'll weigh in on this one.
The per block payout is probably my biggest 'dislike' regarding mining here on this pool.
For me -- I don't "spend" the bitcoin often -- and then, when I do, it takes forever for my trezor to compile all of the tiny transactions to make up however many btc I'm trying spend. If the amount is over 4btc -- it won't even work due to the size. Also, the transaction fees are horrendous.
Having said that -- I get kano's perspective that he isn't a bank.
Just one of those quirky things I guess about this pool.
As an aside -- I just recently changed my payout address from my trezor to a coinbase wallet -- and I'll aggregate there without the fees. The thing I don't like about this plan, is that it is coinbase (with their kyc rules). Does anyone else know of an online wallet that one can aggregate micro transactions -- and then occasionally pull them into cold storage anonymously and fee free?
I concur. It is a little more than an eyesore, to have all these small transactions in a wallet. Eligius had a feature where a threshold could be set. I am yet to see how this pans out for me. The 5Nd thing does give the bank burden to the pool for a period of time anyway. It would be only a small step to have the user accumulate more than that.