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Finally Got My First Payout From Mining | Jaxx Has High Fees by joeyknowsbest

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· @joeyknowsbest ·
$0.43
Finally Got My First Payout From Mining | Jaxx Has High Fees
After just 3 days of mining on NiceHash I have received my first pay out. This right here is how I'm feeling haha.

![tenor1.gif](https://steemitimages.com/DQmdbxgabw9wwyFCAxtgyYMvfUWqSk4MJa3Kxj4G8NqAzfW/tenor1.gif)

In under 3 days I mined .00313084 worth of BTC. Today that translates to $7.96 and I found out Jaxx wallet has big fees to transfer from one wallet to another. It cost me .001 BTC just to transfer the money over to Poloniex.

![tenor2.gif](https://steemitimages.com/DQmRzLx8a8GgHoGnNzTJSTx9rd37LFqZrGUhrETdDSTtyUV/tenor2.gif)

So I exchanged 2/3 of the BTC for Steem and sent it here. Steem has dropped price today and BTC really hasn't so I'm pretty sure that was a good trade. I put the other 1/3 BTC into Steem Dollars and I will hold them until they come back up. The price was only $1.07 per SBD and it has been known to be $1.40-$1.60. So I will wait and see what happens with that.

All in all I am happy to have made a little bit of money mining and having some more change to add my Steem Power. Maybe one day I will be able to make enough on Steemit so I don't feel like I need to send anymore money here just re invest what I make here.

![tenor3.gif](https://steemitimages.com/DQmSSKVVWLKcT3FewfZtoW9UvvV7Swq5q5F1buEfUyVh8E5/tenor3.gif)
👍  ,
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vote details (2)
@financialcritic ·
Same for me, I tried nicehash and fees to transfer the small amount of bitcoin really hurt. I might try the transfer using shapeshift.
properties (22)
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@funkit ·
$0.03
Believe it or not, jaxx has ShapeShift built in. So there is nothing to save.
👍  ,
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vote details (2)
@financialcritic ·
Oh wow. I'll have to try Jaxx then! Do you know if it's open source or potentially hackable like exchanges?
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