Eth stake question related to mining

[d4ll4s]

When Etherium goes proof of stake and you cannot mine etherium anymore. Will you loose out on the mined etherium if your setting in T-rex is set to payout at 1 Eth and you haven't mined it completely yet?

Curious.  Thanks

[FP91G]

When Etherium goes proof of stake and you cannot mine etherium anymore. Will you loose out on the mined etherium if your setting in T-rex is set to payout at 1 Eth and you haven't mined it completely yet?

Curious.  Thanks

I think that all mining pools will write instructions on how to get mined coins. Or your mined coins will be sent to you automatically before mining is completed.

[ANSEL_2.0]

That's on your mining pool to decide, if you don't reach the payment threshold by the time they will find other ways to pay but if you still don't like this idea I suggest you start using 2miners and Viabtc pool where they pay out if you have just 1$ in your mining wallet.

[TreyARC]

Can you mine 1 ETH in a month or two? Do you have enough Megahash power to make this happen? If not its better to use pools that have low payment threshold instead, like someone said 2miners is better because they pay out in other coins as well, they will convert your ETH to Nano for you and it won't cost any extra withdrawal fee.

[Cuda911]

The pool will pay miners out in other coins if the gas fee is a mess but its better to be prepared instead, use pools with a small payout like 30$ max, this is the minimum payout from flexpool.

[d4ll4s]

When Etherium goes proof of stake and you cannot mine etherium anymore. Will you loose out on the mined etherium if your setting in T-rex is set to payout at 1 Eth and you haven't mined it completely yet?

Curious.  Thanks

I think that all mining pools will write instructions on how to get mined coins. Or your mined coins will be sent to you automatically before mining is completed.

Hopefully this is correct.  I might change to have payout sooner than a 1 Eth like 0.005 is an option with more cost to me.  I do wonder if Etherium will be ready to do what it wants to do within a one year timeline.

[philipma1957]

hmmm seems like a good reason to delay pos.

[devil2man]

I also believe that once eth passes to pos the various pools will pay the due to the miners in other altcoins, however it is better to choose low payout pools such as binance, 2miners, flexpool

[GEMIN_M4]

The lowest paying mining pools are Viabtc and 2miners, these two pools can pay miners as low as 1$ per day so you have nothing to worry about, stop using pools like determine and Spider pool when June is near.

[FP91G]

That's on your mining pool to decide, if you don't reach the payment threshold by the time they will find other ways to pay but if you still don't like this idea I suggest you start using 2miners and Viabtc pool where they pay out if you have just 1$ in your mining wallet.

Mining pools offer mining services not only on ETH. Let's say you have unpaid coins on your balance, and the pool will be able to pay you a reward in a new network with a POS algorithm.It's not worth worrying about, but I try to choose a payout limit so that I receive payments once a week.