Post
Topic
Board Mining (Altcoins)
Re: Compare profitability - Waffle,Clever,Middlecoin,ScryptGuild,Vertco.in,GHash.IO
by
VirosaGITS
on 16/03/2014, 01:46:12 UTC
There's a big problem with small miners for ghash. They charge me 0.001btc to withdraw funds. Minimum 0.01 withdraw amount. So if you have like 1mhs and want to be paid every 2 days or so, thats about 10% fee on your total hashrate.

Fees that have different impact whether you're small or big could be a good thing to note Smiley
Why would you want to withdraw so many times and loose coins on transaction fees?

Huhhhhhhhhh, cuz half the miners would have to wait 1 month to be able to withdraw for the fee to be lowered to something regular? Not everyone has farm or a dedicated mining rig. And most pool payout at 0.01btc once a day with no additional fee.

There's a big problem with small miners for ghash. They charge me 0.001btc to withdraw funds. Minimum 0.01 withdraw amount. So if you have like 1mhs and want to be paid every 2 days or so, thats about 10% fee on your total hashrate.

Fees that have different impact whether you're small or big could be a good thing to note Smiley
You can withdraw LTC instead of BTC, thats 0.001 LTC fee, which is better.

Except i'd then need to find a 3rd party to deposit my LTCs into, then convert to BTC, then rewithdraw, so i'd have to pay 2 party to get my BTCs. I figured that would be worse than paying 0.001 BTC.

Is there a cheaper way to go about it?