What's the reasoning for not paying out under 1 BTC? If it's part of the generation transaction, then I wouldn't expect it would add much overhead to pay out less.
I'm assuming most people don't want to get bunches of tiny coins. It's fine for the pool, but you'll have to pay a hefty transaction fee when you want to spend them, simply due to the data size of the transaction.
Maybe you could have the password be the minimum amount you want paid?
I could, but then anyone random could hijack your address and change it easily. Better to find a happy medium, IMO.
What's the reasoning for the pool keeping all transaction fees? I'm certainly fine with a pool that takes a cut, since running a pool takes quite a bit of effort, but it feels weird to me to mine on a pool that requires transactions to have fees, but then not get any of them.
Originally, it was because the code had no way to know how much the fees added up to. With version 2 that changes, but the transactions are more or less work done by the pool, not the miners, so it makes more sense (to me) to have the pool simply keep those fees rather than taking a sizable percent out of the miners' fair work.
Just curious. I don't really do mining now that CPU mining is pretty much useless, but I fired up minerd at this for a bit until it submitted a few shares to test it.
Thanks. I'll try to get some kind of "what is my balance" online soon after I do the upgrade (which is mainly waiting on reactions and comments before I do it).