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Author Topic: Pool Payouts Transaction Fee?  (Read 1669 times)
phelix
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June 05, 2011, 07:37:07 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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June 05, 2011, 09:30:14 AM
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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?

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June 05, 2011, 09:32:02 AM
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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.

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June 05, 2011, 12:45:14 PM
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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?
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June 05, 2011, 12:47:57 PM
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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.

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June 05, 2011, 06:26:43 PM
 #6

+1 for everyone =)

of course they can just include it in their own blocks...

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