Where do you send your mining payments to?

Mining directly to my Trezor :slight_smile:

I mined 0.022 BTC in about half a month. Converting ZEC to BTC → converting fees
Sending BTC Jaxx to Coinbase → 0.002 fees (10%)
Cashing in is the only thing that doesnt take my money…

This is the reason:

DON’T USE SHAPESHIFT. Conversion is not the best and you pay the BTC transaction fee (witch is min 0.001 ATM).
So using shapeshift has this transaction fee and also from jaxx BTC to coinbase BTC you pay the same fee (min 9.5$ in tx fee)!

Best solution in you case is to use a trading service (like bittrex, kraken, bla bla) send zec there, make exchanges with placing orders (no fees) and then from your exchange send to coinbase and cashout.

EVEN THOO, I insist on informing that best way to cash out to FIAT is with ripple! Using ripple to cash out you don’t pay the BTC high tx fee and services like gatehub offer really honest exchange (XRP → USD/EURO) and SEPA bank transfers are 1 euro or internaltional wire is at 0.1%! That’s like almost not paying anything in cashing out.

KEEP IN MIND → any ripple account/wallet must have a minimum of 25 XRP as a reserve (more info: https://ripple.com/build/reserves/#base-reserve-and-owner-reserve), and there is a 0.2% ripple fee on every transaction (every every?).

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Aha, thank you for your answer!
So let me systematically write down your recommendations:

1 - make a kraken account (check)
2 - send mining rewards to kraken account
3- place orders (dont know how to do this yet) to sell my zec (?) into BTC or Ripple
4 - Send BTC or Ripple to exchange wallet (Coinbase) (which exchange wallet accepts Ripple?)
5 - Cash out BTC or Ripple

Is this correct?

i use gatehub web wallet, it’s very valid, I keep 50 XRP all the time to not worry about the reserve limit (not sure how much on gatehub, had problems leaving 25… maybe 30?)

Yes, for under 5 zec income a month I would say it’s pretty solid.

Thank you very much! Will try your method and lets hope i dint get robbed worh the fees :see_no_evil:

please update us on your result! I will do so next time i withdrawl :smiley:

Has anyone tried this recommendation? How is it working?

Hello to all, I’m new in mining and I’m started mining ZEC four days ago with the 1420soll , my wallet adress from cryptonator is correctly inserted in the miner but I still have 0ZEC in the wallet. Is this normal according to your experiance (need some time for income) or something don’t work fine in my case?

Check what poop website you are mining to. There is an immature Balance and an Unpaid Balance. It takes a bit for immature to go to unpaid then it needs to build up till your payout amount. Default is .01 for most pools

Thanks for involving in this issue.
How can I check from which pool I mining? I was only generate address in cryptonator wallet and copy it in my miner.

What miner are you using? Most will have a default pool set like eu1-zcash.flypool.org is a default in a lot. You probably want to change that to the US server though. Go in your config settings and look what your server is set to.

It’s set on -zpool eu1-zcash.flypool.org:3333

Should I insert us instead of eu only or what?

check out the different mining addresses on flypools website to pick the one thats for your area. I am in the US so I use their us server.

I visited Zcash Flypool - Zcash (ZEC) mining pool and insert my zec address and find out that I have:

Unpaid Balance
0.00010 ZEC

Does this confirm that my miner actually working and that I only need to wait more time to be transfer to my wallet?

Yes if you have an unpaid balance then you are mining to the right address

Thank you so much for your support, I was afraid that something it’s not working since I mining 5 days now with the 1420soll and according to calculations I should mine 4usd per day, but my wallet is still 0 :slight_smile:

Do you have any more recommendation how to increase my mining (miner updated version or something like that?)
I’m living in EU

Wait you have been mining for 5 days and you only have .0001?

Yes this is not according to any calculation…0,00012usd

Were there any deposits into your wallet?