In this article, we’ll cover what you need to know if you’re currently receiving or planning to receive mining payouts with your Exodus wallet.

Need a crypto wallet for your mining payouts? You can download Exodus here.
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In the sections below, we'll go over what you need to know if you want to receive mining payouts with your Exodus wallet.

If you're receiving Bitcoin (BTC) mining payouts with Exodus, it's important to note that receiving many small payouts can result in high transaction fees when you later want to send your BTC mining rewards.
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With UTXO-based assets like Bitcoin, each deposit you receive is considered one input. When sending BTC, the more inputs your wallet has to combine for the transaction, the larger the transaction size will be, resulting in higher fees.

If you receive BTC mining payouts, consider adjusting your payout settings, such as the frequency of your mining payouts. Receiving fewer but larger BTC mining payouts will result in fewer inputs and can lower the transaction fees when sending your BTC.

Please note that on the Bitcoin network, coinbase transactions for mining payouts need 100 confirmations before the BTC is spendable. Until then, you won't be able to send or swap it. You can check the confirmations with a block explorer.
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In Exodus Desktop, you'll see a message if the coinbase transaction hasn't reached 100 confirmations yet.
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Ethereum Classic (ETC) is an account-based asset. Unlike UTXO-based assets such as Bitcoin, receiving many small mining payouts will not affect the transaction fees when you send ETC mining rewards.
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This is because account-based assets work similarly to a bank account, where funds are added to or deducted from your total balance, with no need to combine or manage UTXO inputs.
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However, receiving a large number of ETC mining payouts could affect your wallet's performance, as it has to process a large number of received transactions.
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To avoid this, you can set your mining payouts to occur less often so your wallet has fewer transactions to process.
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The Zcash network only supports receiving mining and faucet payouts with shielded ZEC addresses. However, Exodus does not support shielded ZEC addresses.
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As a result, if you've sent ZEC mining or faucets payouts to your Exodus wallet, you won't be able to send the funds using your Exodus wallet.

To access these funds, you'll need to import your Exodus wallet into another wallet that supports both transparent and shielded addresses. However, this can be an advanced process. For more information, contact Exodus Support by sending an email to [email protected] or visiting the messenger (purple chat icon in the bottom-right corner) to start a chat.

Receiving mining payouts for other UTXO-based assets such as Litecoin (LTC), Ravencoin (RVN), Decred (DCR), DigiByte (DGB), etc, is similar to Bitcoin (BTC).

With UTXO-based, receiving many small deposits, such as mining payouts, can result in high fees when you later want to send your mining rewards. This is because each deposit you receive is considered one input. The more inputs that need to be combined when sending your transaction, the larger the transaction size, resulting in higher fees.
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Consider adjusting your payout settings, such as the frequency of your mining payouts, to avoid high fees by reducing the number of inputs.
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In addition, please note that if you receive a large number of mining payouts, you might experience issues sending the funds with Exodus. If the transaction size is too much for the network to handle, Exodus will display an error due to the number of inputs involved. For more information, please see the section below.

If you are receiving an error message in Exodus saying it can't send, swap, or complete a transaction due to too many received transactions or mining payouts, one thing you can try is to send or swap these funds in smaller parts rather than trying to send them all at once.

For example, if you have 100 LTC that you want to send but see an error, try sending smaller amounts, such as 10 LTC at a time, instead of sending the 100 LTC all at once. If you still see the error, you can continue to try to send lower amounts until you are able to make a transaction.

In some cases, using a full-node (core) wallet may also help if you cannot send funds from Exodus due to a large number of received transactions. However, please note that core wallets can also have transaction size limits. For more information, contact Exodus Support by sending an email to [email protected] or visiting the messenger (purple chat icon in the bottom-right corner) to start a chat.

Issues from receiving mining payouts are often caused by receiving a large number of transactions.
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Consider adjusting your mining rewards payout settings, such as the frequency of your payouts, to help prevent common issues when receiving mining payouts, such as high fees, performance issues, or errors when sending your mining rewards.

Receiving fewer but larger payouts will reduce the number of transactions your wallet has to process, which can help avoid these issues.

For example, if you receive payouts every hour, changing it to every day or week can reduce the number of transactions. Or, if possible, adjust your payouts only to occur once you have accrued a certain amount of mining rewards.

The values mentioned above are only examples. Please adjust your mining payout schedule according to your needs.