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Author Topic: slushpool payout  (Read 40 times)
tbird1997 (OP)
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January 15, 2021, 07:23:31 PM
Last edit: January 15, 2021, 08:31:05 PM by tbird1997
 #1

After being out of mining for a few years I started my rigs up again. Only one of the 3 dragonmint rigs started operating. After a month of running the rig, my electrical costs are much higher than what I'm making. NY electrical costs are too high

What's the easiest way of getting my payout from slushpool into my checking account?

Thanks,
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January 15, 2021, 07:59:01 PM
 #2

What is your electricity rate in your country?

If your rate(Electricity cost) is above 0.1/Kwh it won't make any profit instead you will get a negative profit only if the dragonmit you talking about is the T1 unit?
Dragonmint t1 power consumption is around 1480W with 16th/s so if your electricity cost is 0.12 USD you won't make any profit.

About payout, I think they don't have options to manually withdraw your mined BTC from slushpool they have a paypout threshold minimum of 0.001.

Anyway, I just login to my old account you can find the threshold payouts under profile you can find it top right corner.
It looks like this


Then looks like this



If how much BTC you have in your wallet sample the threshold limit is 0.1 and you didn't reach that amount and you only have around 0.003 you can set the threshold limit to 0.001(As their minimum). So that the 0.003 BTC you have will send/withdraw automatically to your external wallet.

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tbird1997 (OP)
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January 15, 2021, 08:18:27 PM
 #3

Thanks for the reply. I had the rig running for 1 month. I went from .071 to .072 BTC which is about a increase of about $100 US. My electric bill for the month increased by $300.... So the wife is not a very happy camper. LOL
I changed the payout limit so I can get a payout when it reached .072. With the price of were BTC is now, It's worth $2,533.

So at this time I'm just looking to see what would be the easiest way to cash out.

Thanks,

JOhn
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