Has it been considered to change the maintenance system to only withdraw once a minimum amount is reached, similar to how the user withdrawal system works? I would imagine that that would have at least 2 effects, 1) less transactions fee's due to fewer payments equalling the same amount over time, and 2) would that reduce the number of overall transactions and thus help everyone with payment times?
Some Oz Dude
Answer is no, sending bitcoin is 12 usd, go on and tell them that you want a payout at 10 usd, they can then retract hashrate for the remainder of the balance. Do you see the problem here?
Bitcoin is clogged up, so low fee transaction is no longer possible, period. confirmation time for a low fee transaction is 5 to 7 days, and if transactions go up higher during that time, the fee will rise even more making the transaction to not happen at all, this is the problem.
Higher fees has priority in the blockchain, if you ask me, i think thats stupid, but greed runs the planet anyway. so no solution in sight, i mean, bitcoin can even go extinct before the people that has responsibility in these matters, can get their thumbs out of the ass and fix it.
This problem persist due to all disagreements in the community, it might be the death of bitcoin, i still dont have heard to many of the developers realize this. The ones i heard just goes about that bitcoin is best and it will be fixed etc, im not so sure, i dont think the market is so sure either, most money coming into the market is piling in to just everything else than Bitcoin right now, Bitcooin dominance keeps falling, when its no longer dominant, it can drop like a stone.
Outsiders have been predicting this for at lest 8 months as i know it.
Hashflare has no say in how the blockchain perform, and its not possible to pay small transactions.