idea for the site

Encounter a problem related to the pool or have a request for a feature? Post your issue here and we will help you out.
Forum rules
Welcome to the System Support forum! Encounter a problem related to the pool? Post your issue here and we will help you out.

Keep in mind that the forums are monitored by PROHASHING less closely than the official support channels, so if you have a pressing issue, please submit an official support ticket so that our Support Analyst can look into your issue in a timely manner.

We cannot answer financial questions related to your account on a public forum, so those questions should always be submitted through the orange Support button on prohashing.com/about.

For the full list of PROHASHING forums rules, please visit https://prohashing.com/help/prohashing- ... rms-forums.
Post Reply
dra2120
Posts: 21
Joined: Thu Aug 16, 2018 9:47 am

idea for the site

Post by dra2120 » Wed Sep 05, 2018 9:34 am

Hi All, I'd like to ask for/throw it out there to have the ability for the payout thresholds to be dynamic. To explain, just like as of now the "default" level automatically moves as the market moves, it would be nice to have that ability with custom amounts. I say this because I typically try and keep many of my payouts near the maximum to cut down on the number of transactions per year. however because that amount stays static, but the market is always moving, I have to go into my settings every day and make sure none of them have gone over the maximum threshold. Perhaps, the maximum payout could be a button as well that moved dynamically with the market, or maybe easier would be to have the option to set a dollar amount for the payout, so that market movement would be "in the background", and the payout would just happen whenever the dollar threshold was hit. You're doing a great job with the site, and I really like mining here. Keep up the good work.
User avatar
CSZiggy
Posts: 662
Joined: Wed Jan 31, 2018 2:44 pm

Re: idea for the site

Post by CSZiggy » Wed Sep 05, 2018 10:39 am

Asking for a feature to prolong the time between payments....I don't see this feature even getting looked at.

You are suggesting a way for you to hold and keep coins on their system longer.
That is the last thing in the world the owners of this pool will ever want...to be responsible for even MORE coins for LONGER times. Add to that if a fork happens all the headaches.

They are NOT a bank. Holding your coins makes them a target. As a hacker who do you go after...nicehash with 10,000 liquid bitcoins....or PH with its 30 btc and the rest on a cold storage device off the system? Payouts happen when they can happen.



Just wondering...why are you trying to limit the number of transactions per year?
What is the reasoning or thinking behind that?
dra2120
Posts: 21
Joined: Thu Aug 16, 2018 9:47 am

Re: idea for the site

Post by dra2120 » Wed Sep 05, 2018 11:07 am

^^^
I'm not asking them to hold the coins longer, I'm asking for an easier way to stay within their existing limits.

Also, taxes are the reason for limiting transactions per year. It is a lot easier to go through 50-60 transactions as opposed to 300-400
User avatar
CSZiggy
Posts: 662
Joined: Wed Jan 31, 2018 2:44 pm

Re: idea for the site

Post by CSZiggy » Wed Sep 05, 2018 8:47 pm

I like https://bitcoin.tax/
I just supplied the API for the wallet account and it imports it all at the price the coin registered for that day and computes it.
60 or 6000.

If you buy or sell more than 30 transactions for capital gains then you may need a $25 or $30 premium account.
but I think if you just dump all the coins across 10 or 20 sells for the year you dont even have to pay to use it.
dra2120
Posts: 21
Joined: Thu Aug 16, 2018 9:47 am

Re: idea for the site

Post by dra2120 » Thu Sep 06, 2018 9:59 am

I've been using cointracker.io, because I can see day to day how my coins are doing, and they do taxes as well...but it is the same thing, under 100 transactions is one price, then the price goes up every x number of transactions.
User avatar
CSZiggy
Posts: 662
Joined: Wed Jan 31, 2018 2:44 pm

Re: idea for the site

Post by CSZiggy » Thu Sep 06, 2018 12:23 pm

For bitcoin.tax, pretty sure its how many buy-sell transactions.
Income coming in from API I think is unlimited.
Post Reply