Re: [90+PH] KanoPool kano.is 0.9% PPLNS US,DE,SG,JP,NL,NYA 🐈

Hi guys,

so ive been using exodus as my deposit address. i just logged in and got a pop up saying that i will be paying huge fees if i continue to deposit small amounts.

What wallet can i use to prevent this? or can i change my minimum payout amount in my kano profile?

Anyone else experienced the same situation?

Thanks for the help

Only use Bitcoin Core.

i need 150 gb free space on my harddrive for this?? Shocked

why bitcoin core?
is there no other wallet?

Can someone please help me out here.. Exodus pretty much saying im going to be paying $39 in transaction fees.

what wallet can i use to prevent this?

A very secure wallet with ease of use is Airbitz. They also have great customer service.

does it solve the problem of no or low deposit transaction fees regarding many small constant payments when we get paid for a block maturing?

First rule, if you don't control you private keys then someone else has control of your coins. Online wallets can and have been hacked.
If you can't use bitcoin core, because of the space requirements then try Electrum.

Second, when consolidating many small amounts in 1 larger one then you will pay fees. No way around it. But if you pick a time when the network is slower and the mempool is small, you can get you consolidation through for less. I try to not let my smaller amounts build up to more than 10 or 15 mining rewards before consolidating. You can check the current recommended transactions fee per byte here https://bitcoinfees.21.co/

ok, so bitcoin core is the way to go because it is the most secure? - does it have lower fees too?
So, how do you go about building your mining rewards up to about 10-15 on your profile before consolidating one larger payment to your wallet address?