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Threshold?

Go to solution Solved by RuecanOnRails,

The threshold meaning, you cannot set a manual or automatic payout for less than 0.1BTC.

 

While it might seem like a high number, the reason pools have this threshold is to cut down on overall transaction fees.

if you were leaving that pool and wanted to cash out with less than 0.1BTC, you would have to contact support and request it.

 

 

 

Side note, please refrain from posting unhelpful troll like spam just to increase your post count.

What does threshold mean?

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The threshold meaning, you cannot set a manual or automatic payout for less than 0.1BTC.

 

While it might seem like a high number, the reason pools have this threshold is to cut down on overall transaction fees.

if you were leaving that pool and wanted to cash out with less than 0.1BTC, you would have to contact support and request it.

 

 

 

Side note, please refrain from posting unhelpful troll like spam just to increase your post count.

You keep using that word. I do not think it means what you think it means.
Users cannot, and will not securely manage key material. Most users can't and the ones that can, wont.

Ask me about Bitcoin, Litecoin, Crypto-Currencies, and/or Mining them.

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The threshold meaning, you cannot set a manual or automatic payout for less than 0.1BTC.

 

While it might seem like a high number, the reason pools have this threshold is to cut down on overall transaction fees.

if you were leaving that pool and wanted to cash out with less than 0.1BTC, you would have to contact support and request it.

 

 

 

Side note, please refrain from posting unhelpful troll like spam just to increase your post count.

Thanks, so what I have right now is fine right?

Main Rig: -FX8150 -32gb Kingston HyperX BLUE -120gb Kingston HyperX SSD -1TB WD Black -ASUS R9 270 DCUII OC -Corsair 300r -Full specs on Profile


Other Devices: -One Plus One 64gb Sandstone Black -Canon T5 -Moto G -Pebble Smartwatch -Nintendo 2DS -G27 Racing Wheel


#PlugYourStuff - 720penis - 1080penis - #KilledMyWife - #LinusButtPlug - #HashtagsAreALifestyle - CAR BOUGHT: 2010 Corolla

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Thanks, so what I have right now is fine right?

 

Depends on your overall hashrate.

 

Right now it appears to be set to automatically payout to your wallet every time you mine .1 Bitcoins.

You wan't to keep it as low as possible in case something happens to the pool you don't have large amounts of coins being held. Generally I'd recommend calculating and have it payout every 3 days or so or if you feel comfortable with the pool have it set to weekly payouts. The smaller each transaction is, the larger the fee might be when you try to combine and send bitcoins later on.

You keep using that word. I do not think it means what you think it means.
Users cannot, and will not securely manage key material. Most users can't and the ones that can, wont.

Ask me about Bitcoin, Litecoin, Crypto-Currencies, and/or Mining them.

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Side note, please refrain from posting unhelpful troll like spam just to increase your post count.

sorry mayn, not trying to increase post count, just trying to be funny ;--;

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