I had seen info elsewhere where when you setup metamask for the first time the two choices are new wallet or restore using a passphrase, i guess you just enter the exodus passphrase and it converts it. Im still hesitant to go this route though.
There is no "conversion" being done, so I wouldn't hesitate in the slightest about doing this.
To assure yourself, you can leave Exodus set up on one device, say you have it on mobile. Then put the metamask extension on your laptop. You use the 'restore using passphrase' when setting up metamask, and you will see you will simply have all your Ethereum mainnet stuff from your exodus wallet there on the metamask. No trick or conversions apply. Think of it like using either OpenOffice or Word to view/edit the same .doc file.
Thanks for those replies.. alot to take in for a "medium" newbie.. and also i think confusing at first, they sure dont make things simple i guess.
So it sounds like I have a few options:
1. convert my wallet (restore to) metamask, then change to the L2 setting in ethermine pool (or is this where you said caution), live with the wrapped ether unless one day i opt to sell, then ill pay some fees to bridge back (or would a place like crypto.com avoid those fees, something about a recent change there for L2, now i forget)
2. Just leave my gwei setting at 40, normally every 5 days for me 0.1, so far im on day 9ish without a payout (or raise this to say 67), pay the fee, as other pools without the fee "could" be less profitable anyway, if it ends up that same fee every 2 weeks, perhaps its less than doing it every week at a higher gwei
My mid term plan was either to send all coin on all workers to coinbase pro or similar for autoselling or configure maybe half my workers to exodus, the others to coinbase (i think needs to be autosell to only be 1099)
So either way there i guess im hit with the gas fee
Side question is on ledger, i've yet to get things of any coin onto my ledger, i guess mining directly to a ledger address isnt a good idea or i think i read this. I'd also prob move most of my eth to it, if i tried the metamask (paranoid a bit)
Yep. People mostly coming from custodial/traditional finance the idea of a self custody wallet doesn't come intuitively.
Your option 1, you also need to add the Polygon network to metamask as well. Search a few reputable sites for tips on this, it may also be in the Son of a Tech video that you linked. If you don't think you'll be converting your Ether to fiat money it will be cheapest just to park it on Polygon, the fees for Ethermine transferring there are next to nothing. Maybe one day Coinbase will also be able to receive Polygon native transfers as well and this would be super cheap, as transferring between Polygon addresses is fractions of a cent in fees.
, this gives the current gas prices on Ethereum network to move a transaction. If you watch for a little while it also gives you an idea of the trend in price. The first line under "Estimated Cost of Transactions" is the cost for transferring Ether from one wallet to another, so like what the full cost would be for Ethermine to transfer to you and by that I assume what it costs you if they pass the full cost on to you. If you scroll down further you can see historical gas prices charted and if you switch to filter by various time periods you can see what it has been in the past. By that you will see that even as recently as 8/22 a setting of around 26 gwei would have moved a mining payment. So if you set to 40 gwei and are patient it'll eventually move. That'll be around $3-5 max at current prices. Could be minutes, days or weeks for the gas price to come down to your set amount.