I used to mine on slush a very long time ago... Good old days.
Too bad i can't cash out the remaining 1.6 mBTC
Minimum is set to 0.01.
It seems a bit ridiculous that the pools don't have "empty my account" options. They probably have a lot of coin sitting there if you add up all that change from everyone on the pool.
I can understand a minimum payment for regular payouts to reduce fees and network traffic.
But how about if I haven't mined for a month? - maybe there should be some sort of auto monthly payout if you have been inactive for a long while..
Pool operators need to get more transparent and more vocal as there is a lot of money involved and people seem to have only partial ability to seek out help.
I am sure the minimum will be increased (or decreased depending how you look at it) as the price of bitcoin increases.
But I agree with your sentiments.
It's not ridiculous, it's a business model allowing pool owners to earn extra
BTC. I cant imagine the amount of forsaken
BTC laying around there, lower or higher than 0.01.
Umm.. No.. It's totally ridiculous as this is a form of stealing.
A business model that revolves around theft is still theft. (I know its fractions of pennies for now..dust.. but still..could be worth more one day.)
Ridiculous in that it is unfair, not that its
not a "smart idea" for the pool owners, its just unethical.
Anyways, as Trongersoll says, you can get your remaining coins from slush by closing your account. Thats just fine then. I'll have to look into the other pools..