Post
Topic
Board Pools
Re: [4000 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
by
Benjy_Bronk
on 25/06/2014, 15:09:05 UTC
Is there any reason to not set the payout threshold to the minimum amount?

Pay less transaction fees

I'm confused. Isn't it a 2% fee?

If you're charged 2% on a $100 it's $2.00

If you have two transactions of $ 50 each each charge is $1.00 thus the same amount.



Not having read the entire conversation, I think they are talking about bitcoin network transaction fees, not pool fees. So two tranaction would each cost (hence 2X transaction fees).

Ahhh, gotcha. Thank you.