Bitcoin Forum

Other => Beginners & Help => Topic started by: newbie1 on April 08, 2013, 10:51:33 PM



Title: p2pool, LTC and high transaction fees
Post by: newbie1 on April 08, 2013, 10:51:33 PM
Hello everybody,

I'm investigating LTC p2pool mining. However, it generates enormous amount of micropayments (0.02 LTC). However, if I try to transfer these LTCs to other addresses, the transaction fees are in fact much higher than the original amount (for example 0.6 LTC transaction fee for transfer of 0.3 LTC).

How can I avoid such high transaction fees?

Is it possible to set difficulty for miner?

Thanks for your help!



Title: Re: p2pool, LTC and high transaction fees
Post by: LoWang on April 19, 2013, 10:38:16 PM
I am also interested in that!


Title: Re: p2pool, LTC and high transaction fees
Post by: Nathaniel B on April 20, 2013, 12:09:20 AM
You can just reduce the transaction fee paid in Settings -> Options. Note that if you set a low transaction fee that the transaction may take longer to be put into a block.


Title: Re: p2pool, LTC and high transaction fees
Post by: dc81 on April 20, 2013, 01:11:08 AM
fees should go down after a few days