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If you had a mining pool that was generating a few blocks per week, then why not just cache all the payout transactions (if the clients were happy to do this) and then just put them in the next successful block it mines - thus saving on transaction costs ?
1In fact... you could offer your clients a small bonus if they wanted to wait for the free transfer - obviously it wouldn't be (SMALLEST_FEE_AMOUNT) per client - but (SMALLEST_FEE_AMOUNT/number_of_mining_clients) .. so it would be pretty small .. but there and then ... every satoshi counts eh ? Heh... one could even be the first board that pays out "MORE" than it mines.... – Richard Green – 2013-03-05T21:26:52.873