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Author Topic: Coinbase + Miners  (Read 3135 times)
Mellop
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January 22, 2013, 04:04:58 AM
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We've noticed a bunch of miners using Coinbase lately and wanted to let you guys know how we can make your lives easier.  If you're truly focused on mining, there are a bunch of other operational things you still need to worry about but would probably rather not:
-Interacting with an exchange
-Managing your BTC wallet - likely separate from your exchange account, and it takes a good amount of effort to make sure it's secure
-Either paying high fees or using a middleman service to withdraw your profits, which is a manual process

Coinbase puts all of these things in one place.  Link your mining to your wallet address and watch the cash flow directly in to your bank account.  A ton of miners have this set up with us such that their BTC balances are converted automatically to $ and deposited to their bank account after a one time setup, but you can set it up to keep a minimum balance of BTC if you're like me and would like to hang on to some.

We'd love to hear what you guys think or anything else you'd like to see.

Note: This is only for US bank accounts at the moment, but we're working to change that soon.

Fred E. - Coinbase
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