Post
Topic
Board Pools (Altcoins)
Re: [ANN][Pool][Profit-Switch][Optional Auto-Exchange per Coin][Vardiff] ~ Hashcows
by
trc
on 02/03/2014, 18:24:02 UTC
I do not find any information about withdrawal fees and limits for the different coins at your site. Do you take any withdrawal fee for BTC and what is the minimum limit? If the information about fees and limits is written anywhere please provide a link, thanks.

If logged in, you can see the details for the coins you specifically have a balance for, here; [Suspicious link removed]/balances/

I suppose it may make sense to also add this information to this link; [Suspicious link removed]/usercoins/  which shows all the coins regardless of balance.   I'll add it to my list.

The line with my bitcoin balance says txfee 0.0001 so that is the fee you take if I withdraw the bitcoins? Is the fee always the same or does it get smaller if I withdraw larger ammounts?
Same. It's the Bitcoin network's fee, not the pool's. So, if you set a higher threshold, you'll pay lesser tx fee in the long run.

Allright, thanks. I have never thought about bitcoins network fees before, even if I have sent and recieved quite many transactions the last several months. Seems like it is an offtopic discussion, but i found some numbers that BTC have had an average about 65000 transactions the last month. I know it is offtopic but is it really necessary with a 0.0001 transaction fee?  Has there been any discussion about making it one zero smaller? Right now the world pays about 6.5BTC in fees per day for all BTC transations.

Yes. Good news is that Bitcoin network will be lowering the fees by ten folds soon. They've announced that they were working on it. So, it'll be 0.00001 per tx replacing the current 0.0001. BTW, this fee is for fresh coins; those sitting for less than 10 days in your wallets AFAIK.

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About the manual trading and this taking time... I'm supporting this. Totally! At the end of a week, if I really will be getting more BTC for my hash power, what's not to like?! We have to be glad that they're actually trying to make better profits and have chosen to go this much tiresome route. Manual trading is more rewarding. Try to look at your profits on a weekly basis, not 24 hours.