When payout occurs? and threshold question.

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kool77
Posts: 5
Joined: Sat Sep 02, 2017 8:43 am

When payout occurs? and threshold question.

Post by kool77 » Sat Sep 02, 2017 11:41 am

Hi : )

I have another questions.

as you can see, I set the my payout threshold from default to 0.04 but payout has not occurred yet. (current balance is around 0.069
Image

I thought whenever balance reach to threshold, payout occur. Am i wrong? if there is particular time to perform this payout, can you let me know when it is?

Plus, I am not sure what the reasonable value of threshold? I heard over 5$, fee will be charged. but under 5$, no fee. so i set the 0.04 as my threshold. am i going to be charged?

If i am not right, Please correct me

Thank you: )
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aini2009
Posts: 12
Joined: Thu Aug 10, 2017 9:43 am

Re: When payout occurs? and threshold question.

Post by aini2009 » Sat Sep 02, 2017 11:46 am

Fill in your collect address. That's all
Last edited by aini2009 on Sat Sep 02, 2017 11:47 am, edited 1 time in total.
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aini2009
Posts: 12
Joined: Thu Aug 10, 2017 9:43 am

Re: When payout occurs? and threshold question.

Post by aini2009 » Sat Sep 02, 2017 11:46 am

Fill in your collect address. That's all
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kool77
Posts: 5
Joined: Sat Sep 02, 2017 8:43 am

Re: When payout occurs? and threshold question.

Post by kool77 » Sat Sep 02, 2017 11:58 am

aini2009 wrote:Fill in your collect address. That's all
I input my correct address. I am sure because i already got payout one time with my same wallet address here.
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aini2009
Posts: 12
Joined: Thu Aug 10, 2017 9:43 am

Re: When payout occurs? and threshold question.

Post by aini2009 » Sat Sep 02, 2017 12:08 pm

Do not set thresholds automatically Cash every morning
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kool77
Posts: 5
Joined: Sat Sep 02, 2017 8:43 am

Re: When payout occurs? and threshold question.

Post by kool77 » Sat Sep 02, 2017 12:25 pm

aini2009 wrote:Do not set thresholds automatically Cash every morning
Thank you in advance : )

but isn't it default threshold too low? (0.012814897672604648)
If payouts to my wallet(Payout addresses) carries out only one time a day, It seems taking too much time to transfer all my Litecoin from here to another wallet.

Is this right flow?

Currently I'm operating one L3+ miner

Thanks : )
Regards,
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mycide
Posts: 174
Joined: Sun Aug 06, 2017 7:44 am

Re: When payout occurs? and threshold question.

Post by mycide » Sat Sep 02, 2017 12:42 pm

Payout happens once a day, time is not always the same time, if you pass over the threshold after the days payout occured you will have to wait for next days payout. on settings page you can see a message beside the payout threshold that it will charge you a fee, if it's set to low. keep in mind, you might have to change thresholds if coin value change to avoid future fees.
Running rigs: KNC Titan, Antminer D3 & L3+'s
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JKDReaper
Posts: 99
Joined: Fri Mar 31, 2017 11:17 am

Re: When payout occurs? and threshold question.

Post by JKDReaper » Sat Sep 02, 2017 1:34 pm

Generally LTC payments will be sent out sometime between 12:00am EST and 12:00pm EST. But not always, barring a problem, they will be sent out sometime within 24 hours of the midnight cutoff
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