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0 pointsTheCapn5y ago0 comments

Just to put an anecdote to the question, I made a withdrawal from my mining pool to my wallet 2 days ago and for an nearly instant transaction it cost me ~$2USD. Higher than I'd want in any currency, but it definitely wasn't $20USD

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3 comments · 2 top-level

555555y ago· 1 in thread

Strange. I made ~5 ETH transactions a few days ago (interacting with a smart contract) and paid ~$90 each. Around the same time I made a few transfers, and spent about $25 each.

X6S1x6Okd1st5y ago

Yeah gas fees have been all over the place, and smart contract interaction can be really $$$

Kirby645y ago

It's cost per transaction. Transactions can have multiple endpoints, so the tx fee is split up between many different users.

If you check the incoming transaction ID I'm sure you'll see it contained many many endpoint wallets.

That's how mining pools offer free withdrawals periodically. If you split it up amongst 100s of users, per user tx cost is very low.

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