Can someone explain me how the payouts work for small btc amounts?
I read that if the balance is under 0.01 you will be payed after 3 days if there is no mining activity.
Does it mean that if mine everyday I won't be payed every 3 days for an amount under 0.01, but only when the balance reaches 0.01?
Once you hit 0.01 you get a payout that night. If you do not mine for 3 days, you will get paid out whatever is in your balance.
Yes. And if I mine everyday and I take N days to reach 0.01, I will be payed on the Nth day, whichever number is N?
Yes so usually if you have 1Mh you make about 0.01 a day or less with current market conditions. If you have 500Kh/s it will take two or three days, etc