Thats what I do, selling for bitcoin has a minimum transaction size.
Its not in their interests I guess to be doing very small transactions worth only a few £.
Its how they pay out tho.
I have read some dodgy stuff about this payout scheme, basically they dont payout on all shares sent, just the recent ones prior to the block completion, so if e.g. you have a poor run of shares just before the block is completed you get a poor pay out regalrdless of total shares mined, there is a tactic some people pull where by they only start mining when they think a block is about to be completed (in affect cheating), nanopool doesnt work this way but instead is much more consistent based on 20 min intervals instead of when a block is completed.
As I said, I think whats on whattomine is misleading it paints an over rosy picture for other coins, it doesnt take into account the type of payout, the difficulty in achieving the hashrates, the cost of exchanging to bitcoin first before cash and other factors.
Also it took a lot of effort for me to get on 2 exchanges, getting on another 4 if they have the same kind of verification requirements for id/income etc then its more hassle. Are you saying you able to use those 4 exchanges without going through a verification process? Cause I needed to on bittrex, and that certainly took more than a few mins, it took about a week in fact.
So which exchange you are on that supports no min transaction size to get monacoin to cash (via bitcoin if needed) and can send cash to a visa card?
After another 12 hours so approx 36 hours now, I have 0.26 confirmed and 0.06 unconfirmed.
Is that twice as profitable as eth for 2 1070s?
If I was getting even say 80% of whattomine figures I should have now about 1.3 or more coins.
Seems nanopool cant be beat https://www.reddit.com/r/EtherMining/comments/6oiet1...
Edited by Chrysalis (Fri 08-Dec-17 20:11:57)