The landscape of Ethereum mining has evolved significantly since the London upgrade, introducing new challenges—especially around high network fees and delayed payouts. For small-scale miners using a single GPU, receiving timely and cost-effective rewards has become increasingly difficult. However, innovative mining pools are now offering solutions that allow miners to bypass Ethereum’s costly transaction fees entirely.
This article explores how modern mining platforms enable Ethereum miners to receive free or low-cost payouts in alternative cryptocurrencies like Nano (NANO) and Bitcoin (BTC), without changing their mining setup. We’ll walk through how the system works, setup steps, payout timing, and associated costs—all while keeping your profits intact.
The Hidden Cost of Ethereum Mining After the London Upgrade
After Ethereum’s London upgrade, transaction fees—commonly referred to as "gas fees"—became more volatile and often prohibitively high. What does this mean for miners?
Consider this scenario: A miner with one GPU earns about $3 per day. To withdraw their earnings monthly, they may face a transaction fee of up to $7.50—more than double a day’s earnings. Even worse, frequent payouts (e.g., weekly or daily) become financially unviable due to these fees.
At the time of writing, average Ethereum gas fees hover around $10 per transaction**, and for smart contract interactions (like those used by exchanges), fees can spike to **$20–$30. Since mining pools must pay out via standard transactions, they’re subject to the same market rates as everyone else.
👉 Discover how top miners avoid high withdrawal fees with smart payout options.
This fee burden directly impacts profitability, especially for small miners. As a result, many have begun seeking alternatives that preserve their hard-earned rewards.
Delayed Payouts: A Growing Problem for Miners
High gas fees don’t just reduce profits—they also cause payout delays. Most mining pools wait for gas prices to drop before initiating withdrawals. While this protects miners from excessive fees, it means earnings are held up during network congestion.
For example, if a pool sets a gas cap at 100 gwei, payouts only go through when network conditions meet that threshold. During peak times, this can lead to multi-day delays. The result? Miners are left waiting indefinitely for their funds, creating frustration and cash flow issues.
With the number of active crypto users rising every year, network congestion is unlikely to improve. This makes long-term reliance on direct ETH payouts increasingly unsustainable.
A Smarter Solution: Payouts in Alternative Cryptocurrencies
To solve these issues, forward-thinking mining pools like 2Miners now offer automatic cryptocurrency conversion at payout time. Instead of sending ETH directly—and paying high fees—miners can choose to receive their earnings in Nano (NANO) or Bitcoin (BTC).
These options provide two key benefits:
- Zero or minimal transaction fees
- Faster, more predictable payouts
Let’s examine how each option works and why they’re gaining popularity among GPU miners.
Receive Ethereum Mining Rewards in Nano – Zero Fees, Instant Transfers
One of the most efficient solutions is receiving payouts in Nano (NANO), a feeless and instant cryptocurrency designed for fast transactions.
How Does It Work?
When you mine Ethereum but opt for NANO payouts:
- You accumulate ETH in your mining account until reaching your chosen payout threshold.
- The mining pool automatically converts your earned ETH into NANO at market rates using trusted exchanges like Binance or Kraken.
- The equivalent amount in NANO is sent directly to your wallet—with no transaction fees.
For example:
- Your payout threshold: 0.0005 ETH (~$1.75)
- You’ve mined: 0.0006 ETH (~$2.10)
- The pool converts $2.10 worth of ETH to NANO and sends it to your wallet instantly and freely.
Even the smallest miners can benefit—this threshold is achievable within a day using basic GPU hardware.
How to Set Up NANO Payouts
- Create a NANO wallet – Recommended options include the Natrium mobile app or accounts on exchanges like Binance or Kraken.
Update your miner configuration – Replace your ETH address with your NANO address in your mining software. Example for Gminer:
miner.exe --algo ethash --server eth.2miners.com:2020 --user nano_3gyf7qnmkp4puzghqks8pn1rfxsubhpya4m5hohdeqkejdjtpwd4tkfxz6a9.RIG_ID- Monitor your stats – Visit the pool’s website, enter your NANO address, and track real-time mining performance and payout history.
When Are NANO Payouts Sent?
Payouts occur daily at 12:00 UTC and typically take under two hours to complete due to exchange processing time. Future updates may introduce multiple daily payouts.
Are There Any Fees?
None. You pay zero fees when receiving NANO payouts. The entire converted amount is delivered to your wallet. The process is fully transparent—you can verify exchange rates and track fund movement from ETH sale to final NANO deposit.
👉 See how switching to fee-free payouts can boost your net mining income.
Mine Ethereum, Get Paid in Bitcoin – Low-Cost BTC Payouts
Prefer Bitcoin but don’t want to switch from GPU mining? Now you can mine Ethereum and receive payouts in BTC—with minimal fees.
How It Works
Similar to NANO payouts:
- Your mined ETH is automatically converted to BTC at market rate.
- BTC is sent to your wallet once the threshold is met.
- Conversion uses major exchanges like Binance and Kraken for reliability.
Setup Steps
- Get a BTC wallet – Use a personal wallet or exchange account (e.g., OKX, Binance).
Update your miner config:
miner.exe --algo ethash --server eth.2miners.com:2020 --user 1HyyZxZAQjZenHf9TGsdUY9cxvMpbGjGBz.RIG_ID- Set payout threshold – Choose any value between 0.005 ETH (~$17.50) and 10 ETH via the pool’s dashboard.
Payout Schedule and Fees
- Payout time: Daily at 12:00 UTC, usually completed within two hours.
- Transaction fee: Less than $0.20 per miner, shared across a consolidated BTC transaction.
- The pool covers all other costs (ETH transfer to exchange, BTC withdrawal).
If you want exposure to Bitcoin without changing your mining algorithm, this is an ideal option.
Frequently Asked Questions (FAQ)
Q: Can I really get paid in NANO without any fees?
A: Yes. NANO transactions are inherently feeless, so you receive 100% of your converted earnings—no deductions.
Q: Is converting ETH to BTC or NANO safe?
A: Absolutely. Reputable pools use trusted exchanges for conversion and provide full transparency into pricing and transaction tracking.
Q: Do I need to own NANO or BTC beforehand?
A: No. You only need a compatible wallet address to receive payouts.
Q: Can I switch back to ETH payouts anytime?
A: Yes. Simply update your wallet address in the miner configuration file.
Q: Are these features available on all mining pools?
A: Currently, automatic cross-currency payouts are offered primarily by advanced pools like 2Miners, especially for Ethereum mining.
Q: What’s the minimum payout threshold for each currency?
A:
- ETH: 0.01 ETH
- BTC: 0.005 ETH
- NANO: 0.0005 ETH (ideal for low-hashrate miners)
Conclusion: The Future of Mining Payouts Is Flexible and Cost-Efficient
Modern mining pools are redefining how miners get paid. By leveraging automatic crypto conversion, you can now:
- Avoid high Ethereum gas fees
- Receive daily payouts in NANO (zero fees) or BTC (ultra-low fees)
- Keep more of your earnings without changing hardware or algorithms
Whether you're a solo miner with one GPU or managing a small rig fleet, choosing a smart payout method can significantly improve your net returns.
👉 Start optimizing your mining rewards with next-gen payout solutions today.
The ability to mine Ethereum while receiving alternative cryptocurrency payouts represents a major step forward in accessibility and efficiency. As network congestion persists, these innovations ensure that small miners remain profitable and empowered in the evolving crypto ecosystem.
Keywords: Ethereum mining, Nano payout, Bitcoin mining alternative, low-fee crypto payouts, GPU mining 2025, mining pool solutions, free transaction crypto, automatic crypto conversion