Bitcoin Forum

Hi,
I've been using pools for a long time and decided to try solo mining, got my first block a few days ago :
http://explorer.litecoin.net/block/e408808c12acc304a8d12422108462ffd1907f5d9e6091d36b37f22c7c53b2b8

The coins show up in my wallet as Mined, to address "n/a" and show up in Litecoin block explorer as Unknown address.
I tried mining with P2Pool using -a myaddress and the receiving address show up as n/a in litecoin-qt too.

I did some research and found in some topic over there that it might be a litecoin-qt error.

Will I be able to use these coins? If yes how come coins can be sent from nowhere to a real address?

Screenie (indisponible in french client = n/a in english client) :
https://imageshack.us/scaled/thumb/803/unavailable.png (http://img803.imageshack.us/img803/8145/unavailable.png)

Thanks in advance

Mined coins are normally sent directly to a public key, rather than an address. An address is a specifically formatted hash of a public key to make it easier to manage (specifically, an address is shorter than a public key and a typo will (almost) always result in an error message rather than sending the coins to nowhere). Addresses are not needed for mined coins (technically, they're not even needed for regular transactions, as you can send to a public key directly (in theory, anyway - in practice, most clients even won't let try you do this, due to the fact that a typo will mean the coins are gone forever)). You will be able to spend your mined coins (and any other coins sent directly to one of your public keys instead of one of your addresses) as normal.

A short and clear answer which answers my question perfectly.

Thank you very much & have a nice day

Does lightcoin look like it will be as viable as bitcoin? What mining equipment is being used at the current time?

Maybe it will have some value as bitcoins in the future.


GPU's are used to mine litecoin's at the current time.