Author

Topic: How to manage pool btc payouts fees (Read 136 times)

newbie
Activity: 4
Merit: 0
January 07, 2018, 06:45:43 PM
#1
Gentlemen,

i was wondering about payout from pools such as slush or antpool, and was interested to know if when they pay me my daily bitcoins mined and transfer them to my wallet, how i get charged for withdraw out of wallet ?
is this 1 transaction fee per each deposit i received from the pool.,or they count the overall bitcoins i have in my wallet and calculate the fees as its 1 transaction.
is it best to be paid from pool daily ? or what is the procedure,i am bit confused how fees works for miners

example :
day 1 :  i received 0.1 btc
day 2 :  i received 0.1 btc
day 3 :  i received 0.1 btc
day 4 :  i received 0.1 btc
day 5 :  i received 0.1 btc

at day 5 i decided to cash out the 0.5 btc, do i pay transaction fees for network as per transaction or as per combined amount ?
Jump to: