Hey -
Hoping this sub is a good spot for this. This is my initial foray into mining and I just purchased a full node and waiting on shipment. I pre-read the setup and config, have a pool ready to connect. The last piece of puzzle for me to understand is wallet connectivity. As I'm mining into a pool, I'm assuming once I reach a payout percentage, I want to get it into cold storage for safekeeping.
Here is where I get confused: Do I install a wallet onto the controller and have it sent there from the pool? Then, from the wallet onto my cold wallet? Or is there another way? Would appreciate some best practices or guidance.
Many thanks in advance,
-c
Your best bet is to get a Ledger Nano or Trezor wallet. It will provide you with a wallet address which you put into your pool account as your payout address. Then any earnings will be sent to your device of choice for storage.
Would you recommend one over the other, or is it six one way, half dozen the other? There seem to be a lot of reviews that the Ledger is crap, the Ledger is AMAZING, Trezor is AMAZING. Hard to sift through it all.