Author

Topic: Pool Payouts Transaction Fee? (Read 1887 times)

legendary
Activity: 1708
Merit: 1020
June 05, 2011, 01:26:43 PM
#6
+1 for everyone =)

of course they can just include it in their own blocks...
legendary
Activity: 2618
Merit: 1007
June 05, 2011, 07:47:57 AM
#5
They can include as many free transactions in their own blocks as they want to... Wink

Many pools also offer a "instant payout" button, these are probably covered by the pool fee/donations/transaction fees kept.
legendary
Activity: 1442
Merit: 1005
June 05, 2011, 07:45:14 AM
#4
IIUC if pools would pay out by adding a generated transaction to the next block that they find, they should always be able to avoid any transaction fees, but there could of course be quite some delay until the payout happens. How are pools currently doing this?

Scheduled payouts just get included in the pool's next block.
So the pool operators collect the taxes on the payments they make themselves?
hero member
Activity: 588
Merit: 500
June 05, 2011, 04:32:02 AM
#3
IIUC if pools would pay out by adding a generated transaction to the next block that they find, they should always be able to avoid any transaction fees, but there could of course be quite some delay until the payout happens. How are pools currently doing this?

Scheduled payouts just get included in the pool's next block.
hero member
Activity: 504
Merit: 500
FPGA Mining LLC
June 05, 2011, 04:30:14 AM
#2
IIUC if pools would pay out by adding a generated transaction to the next block that they find, they should always be able to avoid any transaction fees, but there could of course be quite some delay until the payout happens. How are pools currently doing this?
legendary
Activity: 1708
Merit: 1020
June 05, 2011, 02:37:07 AM
#1
Every now and then I read that pools set the payout minimum to one BTC or so to prevent high transaction fees.

Do pools currently set transaction fees for payouts?

I do not set a transaction fee for my transfers yet and it works fine.

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