What wallet helps minimize transaction fees?

[soumitss]

Good evening! Involved in Bitcoin mining pool, receiving regular small payouts. Gas fees eating my profits when moving coins. What wallet helps minimize transaction fees?

[hydrogenn]

Good evening! Mining pool payouts with fee optimization is important. BlueWallet APK gives fee control to maximize mining profits. Fee optimization features: manually set transaction fees from 1 satoshi per byte, batch multiple inputs - consolidate mining payouts, use SegWit addresses - inherently lower fees, choose timing - wait for low network activity. For mining payouts: receive multiple small payments to wallet, wait until mempool clears - low fee period, consolidate all inputs in single transaction with low fee, maximize what you keep from mining. Fee strategies: urgent payments - pay higher fee for fast confirmation, consolidation - use minimum fee (1 sat/byte), can wait hours or days, no rush, weekends typically cheaper fees, batch transactions when possible. SegWit and fee savings: SegWit addresses smaller transaction size, smaller size means lower fees, BlueWallet supports SegWit by default, significant savings over Legacy addresses. Advanced techniques: Lightning Network - receive payouts here if pool supports, instant settlement with negligible fees, Replace-By-Fee - start low, bump if needed, child-pays-for-parent if urgent. Mining-specific tips: change mining pool payout threshold - fewer transactions means fewer fees, some pools support Lightning payouts - instant and cheap, consolidate during low-activity weekends, use watch-only to monitor without fees. The wallet: full fee customization control, shows suggested fees but you decide, batch transaction support, free wallet doesn't add costs. Calculate: traditional fees might eat 10-20% of small mining payouts, optimization can reduce to 1-2%, significant over time. Download from Uptodown. Miners need every satoshi - fee control is crucial. Time your consolidations right, maximize profits.