Post
Topic
Board Mining (Altcoins)
Re: Gas fees - Surge Prices
by
Randey Lahey
on 11/02/2021, 15:20:28 UTC
You can mine using exchange wallet - in such a way you will be able to trade instantly without transfer fees but your money will be controlled by exchange. You have to choose what is more important to you - to control your ETH but to pay fees or to believe to exchange without fees.

So if I mined directly to a coinbase wallet I could avoid that transfer fee?  I'm not interested in trading, just cashing out to pay for my cards.  I'm using Shakepay right now.  Can I mine directly to them? The amount of bitcoin I'll be able to mine with 2 cards isn't likely worth holding  Wink 

Will all the fees, cost of cards, power, wear and tear on cards and system, the price of Eth NEEDS to stay really high to make this worthwhile.
Binance exchange will be a good choice for this, thanks for sharing a light on this for me, I was stucked with nicehash because the software pays in BTC and I want to avoid Ethereum gas fee at all cost, now this makes sense

I've looked at Binance, but I'm not sure how easy it is for me to actually get my cash in my account.  Shakepay took less than 20min to get Eth from my wallet into my account through e-transfer.  I DO NOT want to have to hook up my bank account to anything. 

Would they not also just take the same amount (gas fees) off the top when you withdraw or exchange from their 'Trust Wallet'?