What is the payout threshold on Ethermine?

3 answers

• Marsh DickensApr 23, 2024 · a year ago
  The payout threshold on Ethermine refers to the minimum amount of cryptocurrency that you need to accumulate in your mining account before you can request a payout. It is set by the mining pool and varies depending on the cryptocurrency you are mining. For Ethermine, the current payout threshold for Ethereum is 0.05 ETH. Once you reach this threshold, you can initiate a payout and the amount will be sent to your designated wallet address. Please note that the payout threshold can change over time, so it's always a good idea to check the latest information on the Ethermine website or mining pool documentation.
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• Atse WUBE WubsraAug 20, 2022 · 3 years ago
  The payout threshold on Ethermine is the minimum amount of cryptocurrency you need to reach before you can withdraw your earnings. It's like a threshold that needs to be crossed before you can access your funds. For example, if the payout threshold is set at 0.05 ETH, you will need to accumulate at least 0.05 ETH in your mining account before you can request a payout. This is to prevent frequent small withdrawals and reduce transaction fees. Keep in mind that the payout threshold can vary depending on the mining pool and the cryptocurrency you are mining. It's always a good idea to check the specific payout threshold for Ethermine and the cryptocurrency you are mining.
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• Pavel GartsevMar 24, 2023 · 2 years ago
  When it comes to the payout threshold on Ethermine, it's important to note that it can vary depending on the cryptocurrency you are mining. For example, the payout threshold for Ethereum is currently set at 0.05 ETH. However, other cryptocurrencies may have different payout thresholds. As for BYDFi, it's a different cryptocurrency exchange and not directly related to Ethermine. It's always a good idea to check the official documentation or website of Ethermine for the most accurate and up-to-date information regarding the payout threshold.
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