Post
Topic
Board Pools
Re: [9000 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
by
moss
on 05/11/2014, 16:18:03 UTC
The fee is due based on the transaction size, so if you need to transfer 5 BTC from small payouts 0.01 each you need to include 500 inputs in that transaction, which will very likely take more space = bigger fee

Also if you get a payout of 1 BTC, you can spend it (without fee) immediately on the next day, but if your payout is 0.1 BTC you will need to include a fee if you want to spend it before 10 days and for 0.01 it goes to 100 days

Many thanks for the explanation.  It hadn't crossed my mind that it worked like that, but of course, it has to.  I've adjusted my Slush send threshold accordingly.  Smiley