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Inquiry on Monero Network Transaction Fees #390

@PolyOpenClearing

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@PolyOpenClearing

The smallest payout target that P2Pool supports is ~0.000277777778 (0.6 * 1 / 2160) or ~2.7777777778E-4. This design decision was made due to the transaction fees (consolidation) that will be incurred when a miner decides to send/spend their earnings.
#388

I would like to know about the estimated transaction fees that would be incurred for the following scenarios:

  1. A miner is sending 0.6 XMR that was acquired in 1 transaction. The miner mined a block solo.
  2. A miner is sending 0.6 XMR that was acquired in 10 transactions. Each transaction is 0.06 (0.6 * 216/2160) XMR
  3. A miner is sending 0.6 XMR that was acquired in 120 transactions. Each transaction is 0.005 (0.6 * 18/2160) XMR
  4. A miner is sending 0.6 XMR that was acquired in 1080 transactions. Each transaction is ~5.5555556E-4 (0.6 * 2/2160) XMR
  5. A miner is sending 0.6 XMR that was acquired in 2160 transactions. Each transaction is ~2.77777778E-4 (0.6 * 1/2160) XMR

If possible, I would also like to know the minimal feasible sent Monero; At what point will the network transaction fee be equal to or greater than an 'X' quantity of Monero that is being sent.

I am currently drafting an official request for the Monero Team/Community to look into reducing or eliminating transaction fees for the very first consolidation.
I would very much appreciate your response to my inquiry.

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