They take deposit, withdrawal, exchange fees AND you need minimum amount of at least 10$ or even higher(takes months for single gpu/cpu miner) to do something with it to not let it rot there forever...
The last 4 years of small to medium mining solutions i experienced, i discovered a small loophole in the system to maximize your output!
I will here present to you my solution to get the maximum out of your system and not losing too much to fees!
Proclaimer: I do everything for free, just to pass my knowledge and because i wouldve wanted the same when i started, wouldve saved me a few hundred bucks
Proclaimer2: If you want to support me you can use this link: https://prohashing.com?r=emUJiWDY (You get 0.5% extra after a month and dont have negative effects, i just get 0.2% of your earnings extra, NOT deducted from your earnings)
(I assume you have knowledge about wallet, miner, mining software and how to edit config, watch tutorial and so on^^)
What you need to do is the following:
1. Register an account at https://prohashing.com?r=emUJiWDY
2. Download any mining control software (i recommend minerstat.com or awesomeminer.com)
3. This requires a little tweaking, but you need to put in all the options to connect your rig to prohashing or benchmarking(pm 4 help, thank with ref link
)4. Log into prohashing account and navigate to settings
5. Put in your wallet adress
Now the part where it gets really really good:
1. you mine the most profitable coin for your graphics card
2. More profitable than Nicehash or ViaBTC
3. you can payout in almost every top 50 marketcapcoin(slowly getting to top 100!)
4. low minimum payout (0.01-1 $!!! but you pay the normal onchain fee when you payout)
5. if you reach as low as 1 to 30 $ They take over the onchain! fee! cost! when you payout (some free payouts: btc:20$ ltc:2$! eth:30$ bch:1$!! xmr:1$!!)
6. US dollars payout (through integration with Coinbase)
7. or any mixture of currencies: Other pools require you to change sites if you want to be paid out in different currencies or only provide a limited number of payout options to make profit of a multipool...Here: Just select to get all your payouts in that coin or get paid out in 40% LTC, 40% BTC and 20% DOGE
8. THE BEST customer support! (srsly they will not stop until all your bases are belong to us/problems solved!) you need seperate support login, which is great because some problems can be solved anonymous
)9. offers extremely detailed statistics presented in intuitive charts (website will even get an upgrade in aprox 2 months)
10. active forum where you can discuss with like minded or ask mods for quick help (usually they reply in a few minutes, but the ticket customer support works 100% fast and reliable)
11. THE DRAWBACK: because of this crazy service all they ask is a PPS: 3.99% fee (2.99% with some) SOLO or PPLNS:1,99% its the only fee they ever ask BUT:you never see it in the mined coins, cause you already mine aprox 0-10% more vs every other pool BEFORE the hidden fees! after the only! fee, its 96,01 - 113,99% more and just NOW, at the other pools/exchanges, you had to substract all the hidden fees!
This is how i make the most bang for the buck with few rigs/gpus/cpus!
Example
My 1060 6GB should make around 0.000054 btc or $0.47 in ravencoin kawpow on 06.07.2020 per day, which is nice
i would never get this out cause of fees normally... but with https://prohashing.com?r=emUJiWDY i get this:
0.000051 btc or $0.45 per day, but i get EVERYTHING! If i mined 3 days and had 100% bitcoincash as payout option id get 0,000153 Bitcoin which would result in 0,0062 Bitcoin Cash being paid out with no onchain fee the next day(6 o clock is payout everyday)
if you havent, look into:
devolt/overclock to best hash/watt
look at temp, lower better
look at waste on cooling
have fun
More profitable source: https://forums.prohashing.com/viewtopic.php?f=4&t=7250&p=26503#p26503 and https://forums.prohashing.com/viewtopic.php?f=4&t=7240&p=26479#p26479
Here a description of the ref link system: https://forums.prohashing.com/viewtopic.php?f=4&p=26561&sid=1af002fa9c432874b494b551ed8b253c#p26561
Im helping everyone i know and meet but never thought about posting, but with this coincidence ref - im in
I just love this site and now they finally made ref possible and im proud to tell you about it
sorry for spelling mistakes or in general english related mistakes, its my second language
This is no financial advice, just my experience summarized