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Title: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: LordFlashheart on September 26, 2012, 08:48:55 PM Or are they stored elsewhere and I have to move them to the Wallet?
Thanks. Title: Re: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: LordFlashheart on September 27, 2012, 07:27:34 AM To clarify: Do they appear in your wallet as soon are they are mined?
Title: Re: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: Fjordbit on September 27, 2012, 07:51:25 AM To clarify: Do they appear in your wallet as soon are they are mined? They do go to your wallet, assuming you put an address in that wallet in that block. For example, look at the first transaction in http://blockexplorer.com/block/00000000000000a4d73468e752d7eb54ac8de5c131188361a811676ecbd67228 and you'll see it specified an address as the destination for the generation of the block. However, it's not immediate. You need to have 100 confirmations after you mine a block before the network recognizes that you own the coins, so it's going to take about 16 hours 40 minutes to show up. Title: Re: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: c4n10 on September 27, 2012, 10:02:22 AM To clarify: Do they appear in your wallet as soon are they are mined? They do go to your wallet, assuming you put an address in that wallet in that block. For example, look at the first transaction in http://blockexplorer.com/block/00000000000000a4d73468e752d7eb54ac8de5c131188361a811676ecbd67228 and you'll see it specified an address as the destination for the generation of the block. However, it's not immediate. You need to have 100 confirmations after you mine a block before the network recognizes that you own the coins, so it's going to take about 16 hours 40 minutes to show up. How do you "put an address in that wallet in that block"? I thought all I had to do was setup my .conf file with rpcuser, rpcpass, allowed ip's, port number and then run the client with -server Have I been doing this wrong for the past month? Title: Re: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: Fjordbit on September 27, 2012, 02:52:35 PM How do you "put an address in that wallet in that block"? I thought all I had to do was setup my .conf file with rpcuser, rpcpass, allowed ip's, port number and then run the client with -server Have I been doing this wrong for the past month? I'm not really sure since I don't self mine, but I assume it would pick an address in its wallet automatically with an option to override. I would look more into it if I were you though. I would assume you've found a block by now, so look at it under block explorer and see what happened. Title: Re: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: SAC on September 27, 2012, 05:42:57 PM To clarify: Do they appear in your wallet as soon are they are mined? They do go to your wallet, assuming you put an address in that wallet in that block. For example, look at the first transaction in http://blockexplorer.com/block/00000000000000a4d73468e752d7eb54ac8de5c131188361a811676ecbd67228 and you'll see it specified an address as the destination for the generation of the block. However, it's not immediate. You need to have 100 confirmations after you mine a block before the network recognizes that you own the coins, so it's going to take about 16 hours 40 minutes to show up. How do you "put an address in that wallet in that block"? I thought all I had to do was setup my .conf file with rpcuser, rpcpass, allowed ip's, port number and then run the client with -server Have I been doing this wrong for the past month? Never done it with BTC but any of the altcoins I have mined solo that is all that is needed for the coins to show up in your wallet as immature once you have found a block until confirmed by the network. And of course you need to have your miners using your local *coind as their source of getwork. Title: Re: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: c4n10 on September 27, 2012, 06:42:07 PM To clarify: Do they appear in your wallet as soon are they are mined? They do go to your wallet, assuming you put an address in that wallet in that block. For example, look at the first transaction in http://blockexplorer.com/block/00000000000000a4d73468e752d7eb54ac8de5c131188361a811676ecbd67228 and you'll see it specified an address as the destination for the generation of the block. However, it's not immediate. You need to have 100 confirmations after you mine a block before the network recognizes that you own the coins, so it's going to take about 16 hours 40 minutes to show up. How do you "put an address in that wallet in that block"? I thought all I had to do was setup my .conf file with rpcuser, rpcpass, allowed ip's, port number and then run the client with -server Have I been doing this wrong for the past month? Never done it with BTC but any of the altcoins I have mined solo that is all that is needed for the coins to show up in your wallet as immature once you have found a block until confirmed by the network. And of course you need to have your miners using your local *coind as their source of getwork. Whew... Scared the crap outta me, thought I wasted a month's worth of hashing, lol... But yes, I have my .conf file setup for my "server" and my miners are all pointed at my local host, so I SHOULD be okay... I think... LOL... Title: Re: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: SAC on September 27, 2012, 07:03:43 PM To clarify: Do they appear in your wallet as soon are they are mined? They do go to your wallet, assuming you put an address in that wallet in that block. For example, look at the first transaction in http://blockexplorer.com/block/00000000000000a4d73468e752d7eb54ac8de5c131188361a811676ecbd67228 and you'll see it specified an address as the destination for the generation of the block. However, it's not immediate. You need to have 100 confirmations after you mine a block before the network recognizes that you own the coins, so it's going to take about 16 hours 40 minutes to show up. How do you "put an address in that wallet in that block"? I thought all I had to do was setup my .conf file with rpcuser, rpcpass, allowed ip's, port number and then run the client with -server Have I been doing this wrong for the past month? Never done it with BTC but any of the altcoins I have mined solo that is all that is needed for the coins to show up in your wallet as immature once you have found a block until confirmed by the network. And of course you need to have your miners using your local *coind as their source of getwork. Whew... Scared the crap outta me, thought I wasted a month's worth of hashing, lol... But yes, I have my .conf file setup for my "server" and my miners are all pointed at my local host, so I SHOULD be okay... I think... LOL... You are good there then although solo mining BTC is pretty much an iffy proposition with the diff being so high, you may want to give LTC or PPC a try those are lower rate chains where you have good chance to get a block within reasonable amount of time then you could trade them for BTC. Title: Re: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: c4n10 on September 27, 2012, 07:12:40 PM You are good there then although solo mining BTC is pretty much an iffy proposition with the diff being so high, you may want to give LTC or PPC a try those are lower rate chains where you have good chance to get a block within reasonable amount of time then you could trade them for BTC. I actually have my two least capable miners pointed at solo mining. One is solo mining LTC and the other is solo mining BTC. I figure since it's pretty much a long shot for me anyway until my first 5870 arrives either Monday or Tuesday I might as well put my two most useless miners (my cell phone is doing solo LTC at about 8 hashes per second (LOL) and I have the cpu on one of my computers soloing BTC at about 50 KH/s (again, LOL)). Maybe not today, maybe not tomorrow, BUT some day at least one of those two miners will get lucky... Then I have the rest of my miners pointed at OzCoin with liecoinpool.org as my failover... Title: Re: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: underminer on September 30, 2012, 01:02:32 AM I don't know if it worth the "wear and tear" on the phone... I often wonder if it worth it to overclock graphics cards for the hashrate benefit either. What kind of a probability is it that you will win the reward mining solo on your phone, or that you will notice if you do...?
Title: Re: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: c4n10 on September 30, 2012, 03:08:53 AM I don't know if it worth the "wear and tear" on the phone... I often wonder if it worth it to overclock graphics cards for the hashrate benefit either. What kind of a probability is it that you will win the reward mining solo on your phone, or that you will notice if you do...? I'll notice when there's coins in my wallet, lol... And I'm not using the phone for anything else anyway, I know it's a long shot, I'm not counting on it or anything... Title: Re: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: b!z on September 30, 2012, 03:50:18 AM You are good there then although solo mining BTC is pretty much an iffy proposition with the diff being so high, you may want to give LTC or PPC a try those are lower rate chains where you have good chance to get a block within reasonable amount of time then you could trade them for BTC. I actually have my two least capable miners pointed at solo mining. One is solo mining LTC and the other is solo mining BTC. I figure since it's pretty much a long shot for me anyway until my first 5870 arrives either Monday or Tuesday I might as well put my two most useless miners (my cell phone is doing solo LTC at about 8 hashes per second (LOL) and I have the cpu on one of my computers soloing BTC at about 50 KH/s (again, LOL)). Maybe not today, maybe not tomorrow, BUT some day at least one of those two miners will get lucky... Then I have the rest of my miners pointed at OzCoin with liecoinpool.org as my failover... Heh, good luck with that. I tried solomining with CPU (3MH/s) for a week, no luck at all. :) Title: Re: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: c4n10 on September 30, 2012, 03:51:33 AM You are good there then although solo mining BTC is pretty much an iffy proposition with the diff being so high, you may want to give LTC or PPC a try those are lower rate chains where you have good chance to get a block within reasonable amount of time then you could trade them for BTC. I actually have my two least capable miners pointed at solo mining. One is solo mining LTC and the other is solo mining BTC. I figure since it's pretty much a long shot for me anyway until my first 5870 arrives either Monday or Tuesday I might as well put my two most useless miners (my cell phone is doing solo LTC at about 8 hashes per second (LOL) and I have the cpu on one of my computers soloing BTC at about 50 KH/s (again, LOL)). Maybe not today, maybe not tomorrow, BUT some day at least one of those two miners will get lucky... Then I have the rest of my miners pointed at OzCoin with liecoinpool.org as my failover... Heh, good luck with that. I tried solomining with CPU (3MH/s) for a week, no luck at all. :) LOL, thanks... Title: Re: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: b!z on September 30, 2012, 03:55:43 AM You are good there then although solo mining BTC is pretty much an iffy proposition with the diff being so high, you may want to give LTC or PPC a try those are lower rate chains where you have good chance to get a block within reasonable amount of time then you could trade them for BTC. I actually have my two least capable miners pointed at solo mining. One is solo mining LTC and the other is solo mining BTC. I figure since it's pretty much a long shot for me anyway until my first 5870 arrives either Monday or Tuesday I might as well put my two most useless miners (my cell phone is doing solo LTC at about 8 hashes per second (LOL) and I have the cpu on one of my computers soloing BTC at about 50 KH/s (again, LOL)). Maybe not today, maybe not tomorrow, BUT some day at least one of those two miners will get lucky... Then I have the rest of my miners pointed at OzCoin with liecoinpool.org as my failover... Heh, good luck with that. I tried solomining with CPU (3MH/s) for a week, no luck at all. :) LOL, thanks... I forgot to mention the CPU died after that week. :( Title: Re: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: c4n10 on September 30, 2012, 03:59:12 AM You are good there then although solo mining BTC is pretty much an iffy proposition with the diff being so high, you may want to give LTC or PPC a try those are lower rate chains where you have good chance to get a block within reasonable amount of time then you could trade them for BTC. I actually have my two least capable miners pointed at solo mining. One is solo mining LTC and the other is solo mining BTC. I figure since it's pretty much a long shot for me anyway until my first 5870 arrives either Monday or Tuesday I might as well put my two most useless miners (my cell phone is doing solo LTC at about 8 hashes per second (LOL) and I have the cpu on one of my computers soloing BTC at about 50 KH/s (again, LOL)). Maybe not today, maybe not tomorrow, BUT some day at least one of those two miners will get lucky... Then I have the rest of my miners pointed at OzCoin with liecoinpool.org as my failover... Heh, good luck with that. I tried solomining with CPU (3MH/s) for a week, no luck at all. :) LOL, thanks... I forgot to mention the CPU died after that week. :( Both of my cpu's have been mining just fine for a month. If you keep your hardware properly ventilated, dust-free and your moving parts well-lubricated you're generally ok... Title: Re: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: hickc on September 30, 2012, 08:26:28 AM Yes they do go straight into your wallet. No pool fees :)
Title: Re: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: b!z on September 30, 2012, 12:10:07 PM You are good there then although solo mining BTC is pretty much an iffy proposition with the diff being so high, you may want to give LTC or PPC a try those are lower rate chains where you have good chance to get a block within reasonable amount of time then you could trade them for BTC. I actually have my two least capable miners pointed at solo mining. One is solo mining LTC and the other is solo mining BTC. I figure since it's pretty much a long shot for me anyway until my first 5870 arrives either Monday or Tuesday I might as well put my two most useless miners (my cell phone is doing solo LTC at about 8 hashes per second (LOL) and I have the cpu on one of my computers soloing BTC at about 50 KH/s (again, LOL)). Maybe not today, maybe not tomorrow, BUT some day at least one of those two miners will get lucky... Then I have the rest of my miners pointed at OzCoin with liecoinpool.org as my failover... Heh, good luck with that. I tried solomining with CPU (3MH/s) for a week, no luck at all. :) LOL, thanks... I forgot to mention the CPU died after that week. :( Both of my cpu's have been mining just fine for a month. If you keep your hardware properly ventilated, dust-free and your moving parts well-lubricated you're generally ok... I don't think CPUs have visibly moving parts, but meh. It's gone anyways. Title: Re: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: c4n10 on September 30, 2012, 02:06:49 PM You are good there then although solo mining BTC is pretty much an iffy proposition with the diff being so high, you may want to give LTC or PPC a try those are lower rate chains where you have good chance to get a block within reasonable amount of time then you could trade them for BTC. I actually have my two least capable miners pointed at solo mining. One is solo mining LTC and the other is solo mining BTC. I figure since it's pretty much a long shot for me anyway until my first 5870 arrives either Monday or Tuesday I might as well put my two most useless miners (my cell phone is doing solo LTC at about 8 hashes per second (LOL) and I have the cpu on one of my computers soloing BTC at about 50 KH/s (again, LOL)). Maybe not today, maybe not tomorrow, BUT some day at least one of those two miners will get lucky... Then I have the rest of my miners pointed at OzCoin with liecoinpool.org as my failover... Heh, good luck with that. I tried solomining with CPU (3MH/s) for a week, no luck at all. :) LOL, thanks... I forgot to mention the CPU died after that week. :( Both of my cpu's have been mining just fine for a month. If you keep your hardware properly ventilated, dust-free and your moving parts well-lubricated you're generally ok... I don't think CPUs have visibly moving parts, but meh. It's gone anyways. I wasn't referring specifically to my cpu's when I said that. That is specifically why I used the word "hardware". Title: Re: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: mrb on September 30, 2012, 09:54:59 PM To clarify: Do they appear in your wallet as soon are they are mined? They do go to your wallet, assuming you put an address in that wallet in that block. For example, look at the first transaction in http://blockexplorer.com/block/00000000000000a4d73468e752d7eb54ac8de5c131188361a811676ecbd67228 and you'll see it specified an address as the destination for the generation of the block. However, it's not immediate. You need to have 100 confirmations after you mine a block before the network recognizes that you own the coins, so it's going to take about 16 hours 40 minutes to show up. What Fjordbit said is correct, except it is 120 confirmations, not 100, meaning they mature ("show up") about 20 hours after having mined them. (I am a solo miner.) Title: Re: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: BookLover on October 01, 2012, 01:00:39 AM They appear in your wallet 2 blocks after you mine them, however they are greyed out and unusable until the block has 120 confirmations.
Hope this answers your question. 8) Title: Re: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: underminer on October 01, 2012, 01:16:55 AM COME ON PHONE PAY MY RENT! I do want to to know I shot Dr. Pepper out of my nose for that. lol
Title: Re: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: AWESOMESAUCE on October 01, 2012, 02:07:27 AM Doesn't there have to be a confirmation time first?
Title: Re: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: BookLover on October 01, 2012, 01:10:18 PM Doesn't there have to be a confirmation time first? They appear in your wallet 2 blocks after you mine them, however they are greyed out and unusable until the block has 120 confirmations. Hope this answers your question. 8) Unusable as in miners won't include them in the next block if you try to send them. (Bitcoin-QT won't even let you try to send them until it has had 120 confirmations). Title: Re: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: Fjordbit on October 01, 2012, 05:44:02 PM However, it's not immediate. You need to have 100 confirmations after you mine a block before the network recognizes that you own the coins, so it's going to take about 16 hours 40 minutes to show up. What Fjordbit said is correct, except it is 120 confirmations, not 100, meaning they mature ("show up") about 20 hours after having mined them. (I am a solo miner.) It seems that's a client thing. The network recognizes them in 100. https://en.bitcoin.it/wiki/Protocol_rules For each input, if the referenced output transaction is coinbase (i.e. only 1 input, with hash=0, n=-1), it must have at least COINBASE_MATURITY (100) confirmations; else reject this transaction Many pools pay out in 100. Title: Re: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: Gyrsur on October 01, 2012, 06:30:22 PM To clarify: Do they appear in your wallet as soon are they are mined? They do go to your wallet, assuming you put an address in that wallet in that block. For example, look at the first transaction in http://blockexplorer.com/block/00000000000000a4d73468e752d7eb54ac8de5c131188361a811676ecbd67228 and you'll see it specified an address as the destination for the generation of the block. I found three different What does it mean and from where comes the output setting? I found not much information here: https://en.bitcoin.it/wiki/Transactions#Generation (https://en.bitcoin.it/wiki/Transactions#Generation) Title: Re: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: iamthehat on October 01, 2012, 08:54:54 PM ive been looking into bitcoin mining for a while now - and i consider myself to be fairly smart - but, damn, it is a lot to take in!
Title: Re: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: Gabi on October 01, 2012, 09:05:01 PM You are good there then although solo mining BTC is pretty much an iffy proposition with the diff being so high, you may want to give LTC or PPC a try those are lower rate chains where you have good chance to get a block within reasonable amount of time then you could trade them for BTC. I actually have my two least capable miners pointed at solo mining. One is solo mining LTC and the other is solo mining BTC. I figure since it's pretty much a long shot for me anyway until my first 5870 arrives either Monday or Tuesday I might as well put my two most useless miners (my cell phone is doing solo LTC at about 8 hashes per second (LOL) and I have the cpu on one of my computers soloing BTC at about 50 KH/s (again, LOL)). Maybe not today, maybe not tomorrow, BUT some day at least one of those two miners will get lucky... Then I have the rest of my miners pointed at OzCoin with liecoinpool.org as my failover... Heh, good luck with that. I tried solomining with CPU (3MH/s) for a week, no luck at all. :) LOL, thanks... I forgot to mention the CPU died after that week. :( Well you were unlucky Thousands of people all around the worlds keep their CPU at 100% with distributed computing projects and CPUs have no problems at all. ;) Title: Re: Solo mining - Do the coins automatically go in to your 'Wallet'? Post by: Bitznbitz on October 08, 2012, 06:09:51 AM good to know!
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