# December payout question

**URL:** <https://forum.storj.io/t/december-payout-question/11101>\
**Category:** troubleshooting\
**Tags:** payouts\
**Created:** [January 10, 2021, 2:13am UTC](https://forum.storj.io/t/december-payout-question/11101 "2021-01-10T02:13:46Z")\
**Posts on this page:** 20\
**Page:** 1

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**Author:** ![RobbieL811](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/robbiel811/32/6410_2.png) [@RobbieL811](https://forum.storj.io/u/RobbieL811)\
**Post date:** [January 10, 2021, 2:13am UTC](https://forum.storj.io/t/december-payout-question/11101/1 "2021-01-10T02:13:46Z")

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What’s up guys? I didn’t receive my December payout. Can someone please point me in the direction of who I need to talk to to fix this?

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**Author:** ![deathlessdd](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/deathlessdd/32/6067_2.png) [@deathlessdd](https://forum.storj.io/u/deathlessdd)\
**Post date:** [January 10, 2021, 2:19am UTC](https://forum.storj.io/t/december-payout-question/11101/2 "2021-01-10T02:19:28Z")

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> [@Minimum Threshold for Storage Node Operator Payouts](https://forum.storj.io/t/minimum-threshold-for-storage-node-operator-payouts/11064):
>
> Previously, we’ve posted about—and made changes around—how we conduct Storage Node Operator payouts based on steadily increasing Ethereum transaction costs. For example, we’ve consolidated payments across Satellites to reduce the number of transactions, thereby lowering overall transaction costs. The current combination of high gas costs and high ETH value has even made consolidated payments cost prohibitive. We’ve been exploring a solution for a withdrawal-based L2 solution, but we still have …

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**Author:** ![RobbieL811](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/robbiel811/32/6410_2.png) [@RobbieL811](https://forum.storj.io/u/RobbieL811)\
**Post date:** [January 10, 2021, 2:24am UTC](https://forum.storj.io/t/december-payout-question/11101/3 "2021-01-10T02:24:23Z")

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So, December payouts weren’t made? Sorry if I’m being a PITA. I’m just trying to figure out what’s going on. STORJ has done near 50% this week. That’s money I could’ve made in the market with my payout this week.

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**Author:** ![kevink](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/kevink/32/6077_2.png) [@kevink](https://forum.storj.io/u/kevink)\
**Post date:** [January 10, 2021, 6:24am UTC](https://forum.storj.io/t/december-payout-question/11101/4 "2021-01-10T06:24:04Z")

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> [@RobbieL811](#):
>
> So, December payouts weren’t made? Sorry if I’m being a PITA.

Just read that post… You only get a december payout if you earned enough so that the tx-fees are less than 25% of your earnings.

> [@RobbieL811](#):
>
> That’s money I could’ve made in the market with my payout this week.

Depends on how much you actually earned because if the transactions costs are 50% of your earnings, then storj would need to make 50% jump to actually make you money because for that you would have to exchange your storj for something else because storj will surely fall again. So if you didn’t plan on selling, the point is moot…

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**Author:** ![HisEvilness](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/hisevilness/32/6344_2.png) [@HisEvilness](https://forum.storj.io/u/HisEvilness)\
**Post date:** [January 10, 2021, 3:28pm UTC](https://forum.storj.io/t/december-payout-question/11101/5 "2021-01-10T15:28:22Z")

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Crypto prices are going up and so far the fee’s who seem to scale parabolic. If StorJ pays that they will go under for such small transactions. To reduce the overhead you need to be as described in the article linked by @deathlessdd in a certain payout amount. There should be a tab under payout that says how much you get when opening the node browser page.

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**Author:** ![Alexey](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/alexey/32/41_2.png) [@Alexey](https://forum.storj.io/u/Alexey)\
**Post date:** [January 10, 2021, 7:33pm UTC](https://forum.storj.io/t/december-payout-question/11101/6 "2021-01-10T19:33:11Z")

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I have a question - how can you take any advantages of the high price, if the fee is more than you earned?

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**Author:** ![RobbieL811](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/robbiel811/32/6410_2.png) [@RobbieL811](https://forum.storj.io/u/RobbieL811)\
**Post date:** [January 10, 2021, 7:46pm UTC](https://forum.storj.io/t/december-payout-question/11101/7 "2021-01-10T19:46:15Z")

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The fee should be NOWHERE near what I’ve earned.

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**Author:** ![hoarder](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/hoarder/32/1131_2.png) [@hoarder](https://forum.storj.io/u/hoarder)\
**Post date:** [January 10, 2021, 8:06pm UTC](https://forum.storj.io/t/december-payout-question/11101/8 "2021-01-10T20:06:03Z")

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SNO could use an exchange address and swap storj without having to pay txfees, or SNO could wait an hour or maybe a week, pay a more reasonable txfee and exchange storj.

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**Author:** ![Alexey](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/alexey/32/41_2.png) [@Alexey](https://forum.storj.io/u/Alexey)\
**Post date:** [January 10, 2021, 8:15pm UTC](https://forum.storj.io/t/december-payout-question/11101/9 "2021-01-10T20:15:33Z")

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Thank you!  
And SNO should be aware of high risk of using an exchange deposit for payouts. The exchange can switch a deposit address without any notification or stop trading/withdrawal or just disappear.

@RobbieL811  
It could be possible, if all SNO would use the same exchange for example, and StorjLabs could just spread out payouts. Since it’s offchain (internal for the exchange), it should be fast and maybe even fee-free.

The only thing left is to make everyone use the same exchange. 🤔

* * *

Besides jokes - StorjLabs is working on a solution for the high fee problem. And hope ETH developers too.

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**Author:** ![Vadim](https://storj.bcdn.literatehosting.com/letter_avatar/vadim/32/5_5575768a8748004e209b776fc1b2916d.png) [@Vadim](https://forum.storj.io/u/Vadim)\
**Post date:** [January 10, 2021, 8:20pm UTC](https://forum.storj.io/t/december-payout-question/11101/10 "2021-01-10T20:20:38Z")

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Offer coinbase for this, it is international exchage with with FIAT to account

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**Author:** ![Alexey](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/alexey/32/41_2.png) [@Alexey](https://forum.storj.io/u/Alexey)\
**Post date:** [January 10, 2021, 8:24pm UTC](https://forum.storj.io/t/december-payout-question/11101/11 "2021-01-10T20:24:10Z")

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I do not like coinbase. I like the binance. And this only mine opinion.  
And why coinbase? There also kraken with fiat?  
I think we would have at least 25k+ different opinions like that.

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**Author:** ![greener](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/greener/32/62_2.png) [@greener](https://forum.storj.io/u/greener)\
**Post date:** [January 10, 2021, 10:20pm UTC](https://forum.storj.io/t/december-payout-question/11101/12 "2021-01-10T22:20:03Z")

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This would allow flexibility and low fees of exchange address but without exchange risks.

> [@Level2 alternative for minimum threshold SNO payouts](https://forum.storj.io/t/level2-alternative-for-minimum-threshold-sno-payouts/11076):
>
> I don’t mind the threshold, it’s understandable. Just thought to suggest this as I was looking into L2 recently and thought this might be a good optional alternative here. Going forward it may be worth considering adding optional [Loopring](https://loopring.io/#/) or similar L2 solution for payouts. It’s a stretch but bare with me: As far as I understand L2 protocol aggregates a bulk of internal transactions and release them to L1 eth chain periodically in one go while keeping Ethereum-level security guarantees. This a…

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<div class="post-metadata">

**Author:** ![HisEvilness](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/hisevilness/32/6344_2.png) [@HisEvilness](https://forum.storj.io/u/HisEvilness)\
**Post date:** [January 10, 2021, 11:18pm UTC](https://forum.storj.io/t/december-payout-question/11101/13 "2021-01-10T23:18:30Z")

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Stack 2.0 is releasing perhaps something you can stack and make an app for payouts?

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<div class="post-metadata">

**Author:** ![hoarder](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/hoarder/32/1131_2.png) [@hoarder](https://forum.storj.io/u/hoarder)\
**Post date:** [January 10, 2021, 11:20pm UTC](https://forum.storj.io/t/december-payout-question/11101/14 "2021-01-10T23:20:05Z")

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The risk comes from the way payouts are made. Withdrawal-based system would solve most issues and even mitigate rising txfee costs to some extent.

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<div class="post-metadata">

**Author:** ![Alexey](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/alexey/32/41_2.png) [@Alexey](https://forum.storj.io/u/Alexey)\
**Post date:** [January 10, 2021, 11:41pm UTC](https://forum.storj.io/t/december-payout-question/11101/15 "2021-01-10T23:41:15Z")

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Yes, our team is considering all possible solutions which does not requires another one blockchain change.

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<div class="post-metadata">

**Author:** ![HisEvilness](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/hisevilness/32/6344_2.png) [@HisEvilness](https://forum.storj.io/u/HisEvilness)\
**Post date:** [January 11, 2021, 12:36am UTC](https://forum.storj.io/t/december-payout-question/11101/16 "2021-01-11T00:36:49Z")

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So stacking with StorJ tokens and have a blockchain in the form of HDD mining using “test data”?

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**Author:** ![jammerdan](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/jammerdan/32/1121_2.png) [@jammerdan](https://forum.storj.io/u/jammerdan)\
**Post date:** [January 11, 2021, 6:02am UTC](https://forum.storj.io/t/december-payout-question/11101/17 "2021-01-11T06:02:13Z")

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> [@Alexey](#):
>
> which does not requires another one blockchain change.

I believe you should take a change of blockchain into consideration as well because this is the culprit and the major flaw of the design of the payout process: The wrong blockchain.  
With the right blockchain you would solve the problem of transaction costs once and for all and could finally move on.

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**Author:** ![firewire963](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/firewire963/32/70_2.png) [@firewire963](https://forum.storj.io/u/firewire963)\
**Post date:** [January 11, 2021, 9:19am UTC](https://forum.storj.io/t/december-payout-question/11101/18 "2021-01-11T09:19:57Z")

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I had to recieve 71 STORJ for december. Was this payout cancelled due to high transaction fees? It would be good practice to post minimum STORJ value will be paid every month due to high transaction fees so people can find out immediatelly will they be paid or not without assuming this was an error.

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**Author:** ![Vadim](https://storj.bcdn.literatehosting.com/letter_avatar/vadim/32/5_5575768a8748004e209b776fc1b2916d.png) [@Vadim](https://forum.storj.io/u/Vadim)\
**Post date:** [January 11, 2021, 11:06am UTC](https://forum.storj.io/t/december-payout-question/11101/19 "2021-01-11T11:06:31Z")

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Problem with other and smal blokchains is that 51% atack it preaty real problem. with Ether no ona cant afford to make 51% atack. And there are lot of some small problems in every blockchain. Ether is not ideal also, but there is lot of money and eforts to mantain and develope it. Soon or not Eth will move to Eth2.0 and there is soleved this problem like small transaction ammount per second.

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**Author:** ![jammerdan](https://storj.bcdn.literatehosting.com/user_avatar/forum.storj.io/jammerdan/32/1121_2.png) [@jammerdan](https://forum.storj.io/u/jammerdan)\
**Post date:** [January 11, 2021, 12:18pm UTC](https://forum.storj.io/t/december-payout-question/11101/20 "2021-01-11T12:18:08Z")

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> [@Vadim](#):
>
> Problem with other and smal blokchains is that 51% atack it preaty real problem.

Speaking for Dogecoin, as it is merge mined with Litecoin, there is no 51% attack realistically possible.

> [@Vadim](#):
>
> And there are lot of some small problems in every blockchain.

I agree. However Dogecoin has a team of extremely dedicated developers to this project running this now for almost 7 years I think. You can compare different metrics here: [Dogecoin, Buff Doge Coin Transactions Chart](https://bitinfocharts.com/comparison/dogecoin-transactions.html)

In technical terms Dogecoin is not small but very matured and rock solid, fast, cheap. It is designed and maintained for usage as functional currency.

[Next page](https://forum.storj.io/t/december-payout-question/11101.md?page=2)
