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Technical Support / Re: Withdraw USD from Bitshares client to a bank account
« on: September 21, 2015, 08:21:51 am »I don't convert to fiat everyday. I normally keep it in BTC until I need to sell some to pay costs. Currently the miners make $4-5 a day and cost me $7.50 a day in electricity. (I mine at a loss right now) I've changed the miners back to another pool. The exchange I was referred to earlier either doesn't have sellers on a coin, or they are lunatics thinking people will pay 1000% more for a coin. I'm just waiting on someone to sell me BTC so I can delete Bitshares and move on.Because there is a $10.00 wire transfer fee. The miners only make about $4 a day. That is 2 and 1/2 days worth of mining just in fees. Not to mention $5.00 deposit fee. So more than 3 days of mining just to pay the fees.This a way too convoluted for my tastes. minebitshares.com converts mined coins into USD and sends them to the Bitshares client. To get the USD I have to open yet another account I don't really want, convert my USD into bitUSD to transfer it to the exchange, then convert it to BTC at the exchange and send it to another exchange to convert into fiat which then deposits into my Simple account. Surely I'm missing something. Converting USD into something else then back into USD seems rather silly.
Why would you convert to BTC?
bitUSD->USD->your bank
why would you convert to FIAT every day? I'm pretty sure you can't convert bitcoin for free either. I'd do it once per month or every 60days.
how much do you make per day?
