What are Nanopool's fees for Monero?
Nanopool’s published pool fee for Monero mining is 1%. That means it keeps about 1 out of every 100 units of XMR earned through the pool, before any separate payout charges; check its current Monero terms before you start, since fees can change.
What the 1% fee means for you
A mining pool combines your computer’s work with work from other miners. When the pool earns rewards, it divides them among miners according to its payment rules.
Nanopool’s 1% fee pays for running that service. It applies to your mining rewards, not to the Monero already sitting in your personal wallet.
For a simple example:
- Suppose your share of rewards before the pool fee is 0.100 XMR.
- A 1% fee would be 0.001 XMR.
- You would have 0.099 XMR left, before any other applicable charges.
This is just an example of the fee calculation, not an estimate of what your computer will earn. Your actual rewards depend on your computer’s mining speed, the pool’s results, and competition from other miners.
Pool fees and payout charges are different
The pool fee is the percentage deducted for using Nanopool. A payout charge, if one applies, is a separate deduction when the pool sends your balance to your wallet.
Do not assume that “1% fee” necessarily describes every cost between mining and receiving your XMR. Before connecting, check Nanopool’s current Monero help page for:
- Its listed pool fee.
- Any withdrawal or payout commission.
- Whether payout charges depend on the amount being sent.
- Whether the displayed mining balance already includes fee deductions.
I cannot verify Nanopool’s live payout terms here, so I would not give you an exact additional charge as though it were confirmed. Also, avoid borrowing fee details from Nanopool’s pages for other coins: their terms may differ.
A minimum payout is not another fee
A minimum payout is the balance you must reach before the pool sends your earnings. It is a waiting threshold, not a percentage that the pool keeps.
That distinction matters if your computer mines slowly. A low pool fee does not guarantee frequent payments. You could still need a long time to reach the required balance.
Check the current minimum, whether you can change it, and any rules for small or inactive balances. Do not assume an unfinished balance will automatically be sent when you stop mining.
The bottom line
Use 1% as Nanopool’s published Monero pool fee, but confirm the current rate and any separate payout charge before you mine. If you access mining through a browser service rather than connecting directly, check that service’s fees too—Nanopool’s percentage does not automatically cover them.
