Online Ether wallet and mining Pool?

Vann

hero member

Activity: 1036

Merit: 606

Quote from: Gero3 on December 02, 2017, 02:12:52 PM

Quote from: Vann on December 01, 2017, 10:09:07 PM

If you want to mine ETH to cash out in to fiat and are in the US, you can use a GDAX (owned by Coinbase) ETH wallet address, trade the ETH to BTC, transfer the BTC to Coinbase for free and then sell the BTC for USD and transfer it to your bank account for a fee or get a Shift debit Visa card connected to your Coinbase wallet to spend the BTC with no fees. For a pool I like Ethermine.

Yes I am in US. Will be using 1x Vega 64 to mine for start. This idea about GDAX seems very good. Thanks.
I also read about Exodus which has built-in shapeshift to trade coin.
What do u think about that?

Thanks

Shapeshift charges a Bitcoin Miner Fee of 0.00125 BTC for all trades in to BTC. At $11K BTC that's $13.75 for any trade in to BTC. GDAX only charges 0.30% of the trade as fee and transfers to a Coinbase wallet are free and instant. Cash back transactions with the Shift card and purchases are also free or you can do an ATM cash withdrawl for a $2 fee + the ATM fee.

Gero3

newbie

Activity: 25

Merit: 0

Quote from: DevelopmentBank on December 01, 2017, 08:57:10 PM

Quote from: Gero3 on December 01, 2017, 08:46:52 PM

Hi Guys,
I am setting up my rig to mine for the first time.
I wanted to know which online ethereum wallets u guys recommend.

Also which mining pool?

Thanks

Well theres always myetherwallet (https://myetherwallet.com) but some people will say its "not safe" because its a hot wallet. But in reality, all you need is common sense and make sure you are at the correct website before doing any transactions. For the pool, I personally use nanopool (https://nanopool.org) because I love the monitoring charts and email alerts.

Hi,
What do u mean by hot wallet?

Thanks

Gero3

newbie

Activity: 25

Merit: 0

Quote from: Vann on December 01, 2017, 10:09:07 PM

If you want to mine ETH to cash out in to fiat and are in the US, you can use a GDAX (owned by Coinbase) ETH wallet address, trade the ETH to BTC, transfer the BTC to Coinbase for free and then sell the BTC for USD and transfer it to your bank account for a fee or get a Shift debit Visa card connected to your Coinbase wallet to spend the BTC with no fees. For a pool I like Ethermine.

Yes I am in US. Will be using 1x Vega 64 to mine for start. This idea about GDAX seems very good. Thanks.
I also read about Exodus which has built-in shapeshift to trade coin.
What do u think about that?

Thanks

Vann

hero member

Activity: 1036

Merit: 606

If you want to mine ETH to cash out in to fiat and are in the US, you can use a GDAX (owned by Coinbase) ETH wallet address, trade the ETH to BTC, transfer the BTC to Coinbase for free and then sell the BTC for USD and transfer it to your bank account for a fee or get a Shift debit Visa card connected to your Coinbase wallet to spend the BTC with no fees. For a pool I like Ethermine.

leonix007

sr. member

Activity: 1008

Merit: 297

Grow with community

I just use a respectable Exchange wallet for my ETH mining before, and can do trade upon receiving the coins, I have no problems with them

for the mining pools, these three are my favorites

Dwarfpool

Nanopool

Ethermine

DevelopmentBank

full member

Activity: 406

Merit: 110

Quote from: Gero3 on December 01, 2017, 08:46:52 PM

Hi Guys,
I am setting up my rig to mine for the first time.
I wanted to know which online ethereum wallets u guys recommend.

Also which mining pool?

Thanks

Well theres always myetherwallet (https://myetherwallet.com) but some people will say its "not safe" because its a hot wallet. But in reality, all you need is common sense and make sure you are at the correct website before doing any transactions. For the pool, I personally use nanopool (https://nanopool.org) because I love the monitoring charts and email alerts.

Gero3

newbie

Activity: 25

Merit: 0

Hi Guys,
I am setting up my rig to mine for the first time.
I wanted to know which online ethereum wallets u guys recommend.

Also which mining pool?

Thanks

Topic: Online Ether wallet and mining Pool? (Read 295 times)