Keep or Transfer Coins after mining reward?

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I've been mining ZEC (pool) for the past month and noticed that most of the other people in the pool never had any balance on their wallets if I viewed them on the zcash blockexplorer.

Is there a reason why people immediately transfer their coins to a different wallet?

Hulkerman

Posted 2018-01-15T08:50:20.587

Reputation: 103

Answers

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Is there a reason why people immediately transfer their coins to a different wallet?

If someone will hacking that mining pool, his able to steal all users coins. Move money to the cold-storage is a good practice. They're also can just move money to the exchange.

Зелёный

Posted 2018-01-15T08:50:20.587

Reputation: 871

okay, do you know how exactly somebody would be able to access my wallet by hacking the pool? – Hulkerman – 2018-01-15T08:56:38.920

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It's depends on how pool have programmed, any program can be hacked. Here is an example https://bitcoinexchangeguide.com/nicehash-hacked-cryptocurrency-mining-pool/, they're might or not, nobody knows.

– Зелёный – 2018-01-15T09:02:13.013

Asked: 2018-01-15T08:50:20.587

Viewed: 165 times

Active: 2018-01-15T08:53:40.163