Bitcoin Forum
December 13, 2024, 08:45:02 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: p2pool, LTC and high transaction fees  (Read 748 times)
newbie1 (OP)
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
April 08, 2013, 10:51:33 PM
 #1

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!

LoWang
Full Member
***
Offline Offline

Activity: 147
Merit: 100



View Profile
April 19, 2013, 10:38:16 PM
 #2

I am also interested in that!
Nathaniel B
Newbie
*
Offline Offline

Activity: 19
Merit: 0


View Profile
April 20, 2013, 12:09:20 AM
 #3

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.
dc81
Member
**
Offline Offline

Activity: 108
Merit: 100


View Profile
April 20, 2013, 01:11:08 AM
 #4

fees should go down after a few days

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!