Quote from: Biffa on March 13, 2017, 11:41:10 PM

Quote from: firetreeactual on March 13, 2017, 10:15:53 PM

Quote from: Biffa on March 13, 2017, 06:06:48 PM

Quote from: firetreeactual on March 13, 2017, 05:58:00 PM

Quote from: dance191 on March 12, 2017, 07:08:24 AM

I really don't get the need for lots of daily payouts. A payout ever day, even every few days or so is fine. Do people really need 10 small payouts a day? I would rather get 1 large payout a day than 10 small ones. If nothing else, it makes less work for the accounting.

Agreed. I do not see any point for it, other than extreme insecurity perhaps. If one does not trust the pool operator to reasonably protect/hold the rewards until adequately verified, one should probably mine elsewhere...methinks. Additionally, it puts the miners' accounting load on Kano, where it doesn't belong...again, methinks.

But then, I've been occasionally told I think too much...methinks. Kiss

Sorry, but do you have multiple personality disorder today? Cheesy

That first paragraph first agrees with larger payments, then the second part disagrees with larger payments, because larger consolidated payments mean the pool operator running a wallet that holds those payments until they are ready to payout.

So do you agree with one large consolidated payment a day or not?

I think for this pool it works fine without, all you need to do is have a mining wallet and a cold, or spending wallet, the mining income goes into the mining wallet, and every week or so you send the coins from your mining wallet into your cold wallet, which consolidates the dust for you. Then when you want to trade or buy something with your coin you do so from the cold/spending wallet and, if you use a reasonable sized transaction fee, that spend will go through alot faster than if you sent it from your mining wallet.

Interesting. I said nothing about size of payments. It was about frequency. I also said nothing about consolidation. However, I do have an opinion on it...I don't like it. I do my accounting traceable to the block, and I'd like to keep it that way.

Really? If you normally 5 small payments per day, but consolidate them into one payment per day then thats going to be a single larger payment surely

The frequency of payments in this example is directly correlated to the size of payment.

Thanks for clarifying your stance, I'm not having a go, just that you surprised me as your normal position is one of someone who likes the way things work here, but your first sentence is agreeing with the OP saying that they'd rather have one payout per day rather than lots of small payouts.

This is getting twisted...

I was responding to people complaining about the pool size and how they have to wait for the pool to find a block that confirms their pending payouts. I was saying I like how the pool works, and I think waiting a day or two shouldn't really be an issue for people. Yes, I know people are impatient, but mining takes time. You buy equipment that will take 6 months ~ a year to just pay for itself, so waiting a couple of days for payouts shouldn't be an issue for people.

I was not suggesting that Kano build something that pays out when people request the payments. He doesn't want the responsibility of holding on to the coins and I 100% understand this. I am sure for him the safest coins are ones he has already sent and he no longer controls.

As other people have mentioned, you can use something like Coinbase or Blockchain.info to consolidate your small payments and then withdrawal from there occasionally (rather than have Kano build this functionality). I personally have not done this, but I don't think they charge fees to send coins with lots of inputs (last I checked at least they didn't).

Sorry for any confusion, at the time it was in response to people saying the pool is smaller than they want. However, that chatter died off and it got changed into I was requesting a daily payout feature/consolidating payouts. Sorry for any missing clarity on my part!