I have read a number of interesting points, about minimum withdrawal, etc.
1. Minimum withdrawals serve the interest of the miner even more than the pool operator, because having small outputs can increase the cost of trying to spend it. The common minimum, however, is 0.01 BTC and not 0.05 BTC.
2. I see no benefit for the miner to get many small payments, so there is no risk of abuse.
3. The problem with high minima is that it forces people to mine if they want to get what they earned, even if they no longer with to mine with that pool.
4. For the transfer of 0.028 BTC there would likely not be a transaction fee. However, if the pool operator wanted me to pay for the transaction fee (if there is any), that is just fair, and I have no problem with that.
5. Part of the issue here is communication. In this case, the pool operator simply ignored inquiries.
Topic: [RESOLVED] Bitparking Pool -- why do you refuse to pay? - page 2. (Read 3819 times)
Minimum payouts are necessary. If you want a tiny amount paid without a pool paying a fee, then it may take a very long time to be confirmed. Then you'll still be hassling the pool op for your payout.
I would not. I don't mine Bitcoin anymore (at the moment I don't mine anything), but when I did I ditched all pools and used p2pool for this very reason.
You would not want a tiny amount paid?
Yes? I wouldn't mind waiting a long time for it to mature. That was you whole point wasn't it?
Ah, you wouldn't mind. Sorry, I couldn't tell from your comment.
Minimum payouts are necessary. If you want a tiny amount paid without a pool paying a fee, then it may take a very long time to be confirmed. Then you'll still be hassling the pool op for your payout.
I would not. I don't mine Bitcoin anymore (at the moment I don't mine anything), but when I did I ditched all pools and used p2pool for this very reason.
You would not want a tiny amount paid?
Yes? I wouldn't mind waiting a long time for it to mature. That was you whole point wasn't it?
I really dislike pool operators having these huge minimum withdrawal amounts as well. This is a really nasty way to make money in a partially obscured way (while advertising 0% fees). BTC-e does the same thing and I'll probably refrain from using them in the future after I found out (although I was able to cash out thanks to TECSHARE, so I might do it if TECSHARE continues to run his service).
But in the end it's their site their rules
But in the end it's their site their rules
.05 is huge?
I think 0.005 is huge.
That is like what thirty seconds of mining?
See, this depends on your total hashing power. I never mined with more than a single 6850hd. If I were to start mining 0.005 BTC would take a long time to mine and it's my Bitcoins!
Minimum payouts are necessary. If you want a tiny amount paid without a pool paying a fee, then it may take a very long time to be confirmed. Then you'll still be hassling the pool op for your payout.
I would not. I don't mine Bitcoin anymore (at the moment I don't mine anything), but when I did I ditched all pools and used p2pool for this very reason.
You would not want a tiny amount paid?
I really dislike pool operators having these huge minimum withdrawal amounts as well. This is a really nasty way to make money in a partially obscured way (while advertising 0% fees). BTC-e does the same thing and I'll probably refrain from using them in the future after I found out (although I was able to cash out thanks to TECSHARE, so I might do it if TECSHARE continues to run his service).
But in the end it's their site their rules
But in the end it's their site their rules
.05 is huge?
I think 0.005 is huge.
Minimum payouts are necessary. If you want a tiny amount paid without a pool paying a fee, then it may take a very long time to be confirmed. Then you'll still be hassling the pool op for your payout.
I would not. I don't mine Bitcoin anymore (at the moment I don't mine anything), but when I did I ditched all pools and used p2pool for this very reason.
Minimum payouts are necessary. If you want a tiny amount paid without a pool paying a fee, then it may take a very long time to be confirmed. Then you'll still be hassling the pool op for your payout.
This is the same problem on every pool although it is true that the minimum is 5 times higher on bitparking. But I have on at least 3 different pools found that I had to go back and do more mining to get the last scraps of my earnings out of their pool after I had decided the pool sucked and wanted to leave it. Rather than spending much time and effort trying to publicize it you can always just go back and mine there until you can get your payout (and then you could get the rest of your NMC and IXC out too). You could also ask people to help you reach the payout threshold and mine on your account. I have seen that happen in the forums for other pools and people have stepped up and done it.
I really dislike pool operators having these huge minimum withdrawal amounts as well. This is a really nasty way to make money in a partially obscured way (while advertising 0% fees). BTC-e does the same thing and I'll probably refrain from using them in the future after I found out (although I was able to cash out thanks to TECSHARE, so I might do it if TECSHARE continues to run his service).
But in the end it's their site their rules
But in the end it's their site their rules
The problem with "one time withdrawals" is that anyone can say they are leaving the pool, withdraw all their coins, and then create a new account. That would be an easy way to bypass the minimum withdrawal amount. Not saying that is what you're trying to do, but if the pool operators begin doing this type of thing as a favor, don't you think people will catch on pretty quickly?
Just mine the rest out like everyone else, man.
Just mine the rest out like everyone else, man.
Please note that I added detailed information to OP.
If i was not on my phone i would have posted fry with the not sure if trolling or just stupid.
This case it is clearly the latter (if not both).
So you are asking him to change the rules just for you??
Why are you special again?
This case it is clearly the latter (if not both).
So you are asking him to change the rules just for you??
Why are you special again?
First, I am not sure why are you engaging in ad hominem. This is not professional.
I was asking him to make a manual payout because I was closing my account with him. I did a lot of mining for a while, but when the switchover was happening from PPS to DGM, I left, but there was still some balance that remained unpaid.
I am not asking for changing the rules, but a one-time final payout. Do you believe that the pool should be entitled to keep the money?
(I note that part of the issue is that the pool operator never responded to me.)
But it doesn't distinguish between manual or automatic payouts. It says the "minimum withdrawal amount." It looks like you have a bit more mining to do before you cross that line my friend.
The min is .05
Learn to read.
Also it is like what twenty cents?
Learn to read.
Also it is like what twenty cents?
I was asking for a payout of 0.028, which is about $3, depending on the exchange rate.
I was asking for a manual payout, because I permanently moved away from the pool after it changed from PPS to DGM.
When and how did you make the request?
I sent a PM on May 06, 2013, 10:42:08 PM
I sent an email on Sun, 2 Jun 2013 19:17:59 -0300 (ADT)
A bit more info would help.
Right now most people will assume you are just trolling.
Right now most people will assume you are just trolling.
My userID is "drlukacs2" -- everyone can confirm that I have a balance of about 0.0028 BTC with bitparking.
I decided to move away from the pool permanently, and requested the owner to arrange for a final payout to me. I have never heard back from the pool owner.
When and how did you make the request?
A bit more info would help.
Right now most people will assume you are just trolling.
Right now most people will assume you are just trolling.
My userID is "drlukacs2" -- everyone can confirm that I have a balance of about 0.0028 BTC with bitparking.
I decided to move away from the pool permanently, and requested the owner to arrange for a final payout to me. I have never heard back from the pool owner.
I moved away from Bitparking Pool, and made a number of private requests that you pay out my outstanding balance with Bitparking Pool:
I never received any answer.
I am now repeating the same request publicly.
It would be very sad if the negative views that I expressed about the pool turned out to be the reason for the refusal to pay.
EDIT: Thanks to the kindness of a member, the matter has been resolved. It is good to see that there are people who have a sense of justice.
Hi,
I was wondering if you could issue a payout for the BTC in "drlukacs2" -- I realize that it is below 0.05 BTC, but I doubt that I will be back mining for the next little while. (The reason is other alternative currencies plus increasing temperatures.)
Best,
Gabor
I was wondering if you could issue a payout for the BTC in "drlukacs2" -- I realize that it is below 0.05 BTC, but I doubt that I will be back mining for the next little while. (The reason is other alternative currencies plus increasing temperatures.)
Best,
Gabor
Quote
Date: Sun, 2 Jun 2013 19:17:59 -0300 (ADT)
To: [email protected]
Subject: Payment of "residual" BTC
Hi,
I have moved away from the pool a while ago when PPS was phased out, and I
got "stuck" with a balance of about 0.028 BTC.
Would you please be so kind to arrange for a payout?
Best wishes,
GL
To: [email protected]
Subject: Payment of "residual" BTC
Hi,
I have moved away from the pool a while ago when PPS was phased out, and I
got "stuck" with a balance of about 0.028 BTC.
Would you please be so kind to arrange for a payout?
Best wishes,
GL
I never received any answer.
I am now repeating the same request publicly.
It would be very sad if the negative views that I expressed about the pool turned out to be the reason for the refusal to pay.
EDIT: Thanks to the kindness of a member, the matter has been resolved. It is good to see that there are people who have a sense of justice.
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