Quote from: illypso on January 13, 2018, 08:29:34 AM

Quote from: t3nz on January 13, 2018, 04:22:37 AM

How are there no BTC transfer fees? When you transfer BTC you pay a BTC transfer fee. Sometimes upward of $25 USD! Can you set a threshold of say 0.1 BTC before transferring to your wallet? IF so how?

From what I understand from pool transaction, if they do all the payment at the same time, the cost of the transaction is divided among every miner and it become a little individual fee. If it would be "on demand" payment you would pay the normal fee.

Taken from ma790 on reddit:

Quote

"""An on-demand withdrawal with 1 input and 1 output has a size of approximately 192 bytes using current fees of 584 satoshis/byte that would require paying ~14.46 USD in fees for this transaction. On the other hand, a transaction with 1 input and 1000 output (meaning paying 1000 miner in on transaction) have a size of approximately ~34158 bytes and using the same fees of 584 satoshis/byte gives approximate fees to be paid ~2573.33 USD. Dividing this number by 1000 to find how much every miner has to pay is around 2.57 USD which is no big deal at all. If you used another coin, you will pay withdrawal fees and you will pay exchange fees and you will pay withdrawal fees again from the exchange so it is really not worth it at all."""

So I presume this fee is paid by ahashpool and it must be taken in there calculation on how many btc to give you at the start so you pay for it but its hidden and little.
More miner at payout = less fee

If I mine 0.008 BTC, they pay 0.008 BTC and I receive 0.008 BTC on my wallet, there is no fee at the transaction.
But they chose the payout time (each 24h) so my balance could go up to 0.011 BTC before their payout, they would pay 0.011 BTC and I would receive 0.011 BTC (no fee)
and there doesn't seem to have big delay with the transaction, I only got 2 payout from them but both time I got my BTC in my wallet less than 10 minute after.

Quote

"From what I understand from pool transaction, if they do all the payment at the same time, the cost of the transaction is divided among every miner and it become a little individual fee. If it would be "on demand" payment you would pay the normal fee."

Now that makes sense. Thanks for clarifying!