How the minimum payout works

How does the minimum payout work?

Your balance always waits until it reaches a minimum before anything is sent. It is always counted in the coin you mine.

HeroMiners pays you in the coin you mine. On some coins it can also pay you in BTC or XMR instead. The minimum depends on how you are paid.

• Paid in the coin you mine: the minimum is set in that coin.
• Paid in BTC or XMR: the minimum starts as an amount of BTC or XMR. The pool turns it into the coin you mine, so you can compare it with your balance.

Paid in the coin you mine

Two numbers decide when you are paid.

• The pool's minimum payout: the smallest payment the pool sends to anyone.
• Your own threshold: the amount you set in the Settings tab of your dashboard. It can never be lower than the pool's minimum.

Your payout waits for whichever of the two is higher. Once your balance reaches it, you are paid in the next payment round. Your dashboard shows that round's time, and a bar that fills as your balance grows.

A wallet can also have its own minimum that is higher than both. If it does, your dashboard says so. Your payout then waits for that number.

Paid in BTC or XMR

Here the balance is converted and sent in a conversion round. The smallest payout is set in the coin you are paid in, for example 0.0011 BTC or 0.1 XMR. Your payments page lists the smallest payout for each coin.

Your balance is still counted in the coin you mine. So the pool turns that smallest payout into the coin you mine, at the current market price of both coins. Your balance has to reach that figure. It is never lower than the pool's own minimum payout.

Here is an example with made-up prices.

• The coin you mine is worth $70.30, and BTC is worth $76,687.
• The smallest BTC payout of 0.0011 BTC is worth 0.0011 x 76,687 = $84.36.
• In the coin you mine, that is $84.36 / $70.30 = 1.19994 coins.
• The figure is rounded UP, here to 1.20 coins.

The pool always rounds up. Rounded down, a balance that reached the figure shown could still be a little short of the real minimum.

Why does the minimum change?

Prices change all the time, so the minimum in the coin you mine changes with them. When your coin rises against BTC or XMR, you need fewer coins to reach the smallest payout. When it falls, you need more.

Your dashboard always shows the figure at today's price.

The conversion round values your balance at the price it actually gets when it converts. So a balance sitting right on the line can come out a little short. It is not lost. It stays in your balance and joins a later round.

Can I set my own threshold?

Yes. You can set a higher threshold in the Settings tab if you prefer fewer, larger payouts.

Paid in BTC or XMR, the lowest you can set is the minimum at today's price. The Settings tab shows that figure under the field.

A higher threshold does not change what you earn. It only changes how often your earnings are sent.

Where do I see my minimum?

Open your dashboard and look at the pending balance card. The bar shows how far your balance is from the minimum it waits for.

When a payout is waiting, the line under the bar shows a short word such as Waiting. Press it to read why, with the figures for your own wallet.