Bitcoin Forum

Other => Beginners & Help => Topic started by: Tesla71 on February 27, 2013, 07:22:44 AM



Title: Solo mining with QT-Client
Post by: Tesla71 on February 27, 2013, 07:22:44 AM
I have a question about solo mining on QT-Client, every time a block is found it ads up in the wallet with a new address.
So do I have to backup the wallet more regulary than with normal transaction ?


Title: Re: Solo mining with QT-Client
Post by: Atruk on February 27, 2013, 07:39:25 AM
I have a question about solo mining on QT-Client, every time a block is found it ads up in the wallet with a new address.
So do I have to backup the wallet more regulary than with normal transaction ?

Not really, you just need to keep that one address safe.

How many GH/s are you pulling though. You probably ought to join a pool.


Title: Re: Solo mining with QT-Client
Post by: Tesla71 on February 27, 2013, 07:46:23 AM
Not really, you just need to keep that one address safe.

Are you sure? If I look in blockexplorer for my normal receive address, these mined coins dont show up.

How many GH/s are you pulling though. You probably ought to join a pool.

 :D its only a terracoin wallet ..


Title: Re: Solo mining with QT-Client
Post by: Atruk on February 27, 2013, 08:03:18 AM
:D its only a terracoin wallet ..

Explains so much.


Title: Re: Solo mining with QT-Client
Post by: DPony13 on February 27, 2013, 09:17:15 AM
Not really, you just need to keep that one address safe.

Are you sure? If I look in blockexplorer for my normal receive address, these mined coins dont show up.

How many GH/s are you pulling though. You probably ought to join a pool.

 :D its only a terracoin wallet ..

:I Don't use a wallet that's connected to the terracoin network already

make a new one,

Solo mining isn't profitable, go pooled.


Title: Re: Solo mining with QT-Client
Post by: lassdas on February 27, 2013, 10:02:28 AM
I have a question about solo mining on QT-Client, every time a block is found it ads up in the wallet with a new address.
So do I have to backup the wallet more regulary than with normal transaction ?
It's not a totally NEW address,
it's an unused address taken from your keypool.

The client creates about a hundred addresses right from the start and keeps those in the keypool until they are needed/used,
so you don't really have to backup the wallet with each block you found, but more like with every hundred blocks found.

You can set your keypool-size by adding -keypool=<n> in your bitcoin.conf (or terracoin.conf), where <n> is the number of addresses you want (default 100).


Title: Re: Solo mining with QT-Client
Post by: Tesla71 on February 27, 2013, 10:41:10 AM
I have a question about solo mining on QT-Client, every time a block is found it ads up in the wallet with a new address.
So do I have to backup the wallet more regulary than with normal transaction ?
It's not a totally NEW address,
it's an unused address taken from your keypool.

The client creates about a hundred addresses right from the start and keeps those in the keypool until they are needed/used,
so you don't really have to backup the wallet with each block you found, but more like with every hundred blocks found.

You can set your keypool-size by adding -keypool=<n> in your bitcoin.conf (or terracoin.conf), where <n> is the number of addresses you want (default 100).

Yeah, know of that mecanism. I just thought mined coins would be generated under the first receive-address

Solo mining isn't profitable, go pooled.

Can you explain this? Why should I go to a pool now if I am finding blocks fast enough ?