Post
Topic
Board Pools (Altcoins)
Re: █▓▒░-< [ZPOOL.CA][FlexFee™][SegWit] The miners multipool >-░▒▓█
by
JaredKaragen
on 21/12/2017, 18:57:42 UTC
The transactions FEEs for BTC are incredibly expensive and no end in sight...  BTC transaction processing is so ridiculous right now!!

Is there anyway that the POOL can change your primary payout currency to something other than BTC???  Like LTC, BCH, DASH or ETH?

I know individually you can change your worker password to get another currency but that only works if there is enough in the pool's wallet for that coin.  Is anyone doing this and this works without issue?

The BTC transactions are killing the small miner's profit...!



This is why the blocksize increase was necessary, but that's another discussion.

To lay it out clearly like it was just a few pages ago:

you do not pay the TX fees to get paid.  The only TX fees you pay a part of out of your share is the coins being sent to the exchange to be sold, and the coins being sent back to the pool to pay you.... those come out of the lump sum.  The pool pays the rest out of their % share.

In the end;  its less profit for the pool owner.   Paying the TX fees for exchange is the cost of having your funds auto-exchanged.... a small price to pay to not have to deal with holding, selling, transferring, receiving, etc etc etc.