Author

Topic: Best way to change pool payout address (e.g. at Eligius)? (Read 489 times)

newbie
Activity: 24
Merit: 0
Greetings!

I've read that it's a good thing to change the address you send your pool payments to, frequently. Up to now I use a single payout address for each pool I am / have been mining with, simply to be able to differentiate the payments. I get that I should change them sometimes at least, but how would you actually do it? And when would you do it?

In my case I'm mining with Eligius only right now and have been using the same payout address for quite a while.
On Eligius, my payout address is my username, so I cannot change it to something different. To get a new payout address, I need a new address as my username, my old balance on the old address won't get transfered, right?
What will happen with my old balance when I switch to a new address, is there any kind of auto-payout for inactive miners? And if so, should I have a minimum in my balance, so it's not consumed by transaction fees or something like that?
Or do you even have a better way to switch the payout address at Eligius?

Feel free to discuss about other pools as well. Wink

Thank you very much!

Jump to: