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Scrypt Mining Payout
Posted: Sun Apr 18, 2021 12:50 am
by Gedalya
Are all Scrypt coins merge-mining? I have a miner setup and running, the dashboard shows the earnings as LTC. Can a payout in this case be in the form of another Scrypt coin? I am new so if I am not provided enough information please let me know. Thank you in advance.
Re: Scrypt Mining Payout
Posted: Sun Apr 18, 2021 12:06 pm
by FreeFelix
As I understand it you can get paid out in any scrypt coin as long as you have an address you want it sent to. Another exchange or your wallet
Re: Scrypt Mining Payout
Posted: Sun Apr 18, 2021 1:00 pm
by Steve Sokolowski
FreeFelix wrote: ↑Sun Apr 18, 2021 12:06 pm
As I understand it you can get paid out in any scrypt coin as long as you have an address you want it sent to. Another exchange or your wallet
The coin doesn't have to be a scrypt coin; you can earn any coin, even those that are not scrypt.
Re: Scrypt Mining Payout
Posted: Sun Apr 18, 2021 1:43 pm
by Gedalya
Thank you both for your feedback! For the LTC I am earning; how do I get that back as another coin? Or am I misunderstanding?
Re: Scrypt Mining Payout
Posted: Mon Apr 19, 2021 12:08 pm
by Gedalya
Anyone know the answer?
Re: Scrypt Mining Payout
Posted: Sat Apr 24, 2021 5:13 pm
by ToeKnee
You define percentages in the payout menu; you need a payout wallet address for each particular coin you may want now or want in the future. For those coins you want, set a percentage of the total amount earned to translate that total amount earned into the coin you want. If you don't want a particular coin at the moment but have a wallet address, then define 0% for that particular coin.