We are happy to announce that the Ethermine payout policy will change for the better starting at block 12,965,000 (approximately August 5th, 2021), after the London Hardfork.
1) 100% instead of 80% of MEV rewards will be forwarded to miners
2) Manual payouts & changing threshold can now be initiated also via IP verification.
3) Minimum payout threshold will be reduced to 0.01 ETH & no monthly automatic payouts
4) Payout tx fee to be paid by the miner for all Ethereum mainnet payout transactions- miners can set the maximum gas price they are willing to pay.
Because of EIP-1559 and its inherent transaction fee tax (base_fee) it will no longer be possible for the pool to cover miner payout transaction fees.
Hence the payout policy will be adapted as follows:
Ethereum Layer 1 (Gas limit: 100,000)
-) Daily automatic payout of all balances above your configured payout threshold (10 - 0.01 ETH, network tx fee paid by the miner, default max acceptable gas price will be 40 GWei).
-) Manual on demand payout of all balances above 0.005 ETH (network tx fee to be paid by the miner; can now be initiated via Metamask AND via IP).
-) Daily automatic payout of all balances above 0.005 ETH (network tx fee paid by the pool)
We highly recommend smaller miners to use Polygon / Matic to receive their payouts promptly.
How to use "Polygon & Ethermine" guide: