Why would I choose a larger pool size when I can pay less fees with a smaller pool size?
11 sats \ 5 replies \ @Eximpius 21 Feb 2023
1 million sats in the 100,000 pool will cost them same as 1 million in a 1 million pool. The first pool will have 10 TXs for 5000k each. The 1 million will cost 50,000k the same.
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0 sats \ 4 replies \ @034678ffb8 OP 22 Feb 2023
You're talking about the miner fees, but there is an additional fee for Samourai coinjoin, which is 5% the pool size paid once regardless of how many times you use the pool (of course there are some limits for how much you can mix in each pool size).
So on top of your example miner fees, the coinjoin fee for the 100,000 pool will be 5,000 sats, but 50,000 sats for the 1 million pool. So why would you join the 1 million pool if you are still within the limits for the 100,000 pool? That's what I'm trying to understand.
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10 sats \ 3 replies \ @Eximpius 22 Feb 2023
Im not talkimg about the TX or Miner fees. Im talking about the Fee for coinjoin Pools. You might want to use the higher amount pools because its less TXs. Like in my example above. Instead of 10 TXs with the 100k pool with 1 million sats, i woukd only have to wait on 1 TX for the 1 million pool. Its gonna take a hell of a lot longer waiting on 10 TXs to go 5 rounds each than 1 TX going 5 rounds.
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0 sats \ 0 replies \ @Eximpius 22 Feb 2023
You will have to pay the miner fees separate from the coinjoin pool fee. But just the first mix
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0 sats \ 0 replies \ @Eximpius 22 Feb 2023
Also, having less UTXOs that are coinjoins will be easier to keep up with so you dont mix coinjoined UTXOs.
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0 sats \ 0 replies \ @034678ffb8 OP 23 Feb 2023
Good point... it takes a long time to mix
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1 sat \ 0 replies \ @Eximpius 21 Feb 2023
You dont pay less fees. It all equals out the same.
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1 sat \ 0 replies \ @2bithits 21 Feb 2023
I guess the decision would go by how much BTC you have.
Also on how long you want to wait for it to mix. 1 BTC mixing 100x 1mil sats is going to take a long time to mix
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