Bitcoin Forum

Other => Beginners & Help => Topic started by: elazard on April 13, 2013, 07:57:30 PM



Title: I only make NMC
Post by: elazard on April 13, 2013, 07:57:30 PM
Hello everyone and sorry to bother you with a question that is surely retarded by i am new to all this bitcoins thing and i was wondering why i make only namecoin while mining? i'm wondering that because their value is far lower than BTC value?

When i check my account i only see namecoins going up

Thanks for your answers !


Title: Re: I only make NMC
Post by: Kluge on April 13, 2013, 08:01:08 PM
Telling us which miner you're using and where you mine would be a good place to start. :)


Title: Re: I only make NMC
Post by: elazard on April 13, 2013, 08:02:03 PM
oh sorry what a retard lol i followed a link on bitminter i thought it was their forum  :P so basically bitminter and their software


Title: Re: I only make NMC
Post by: Kluge on April 13, 2013, 08:07:39 PM
They use a special kind of reward algorithm to ensure miners are rewarded the appropriate amount because certain people found a way to game mining pools before by doing something called "pool hopping."

I'm unsure of BitMinter specifically, but you'll probably need to mine there a few hours to start earning BTC. You don't "lose" the coins you would've earned during this time, but there's a kind of delay in you being credited them.


Title: Re: I only make NMC
Post by: elazard on April 13, 2013, 08:09:17 PM
Okay i get it thank you very much, i will watch it then  :)


Title: Re: I only make NMC
Post by: Kluge on April 13, 2013, 08:18:24 PM
Okay i get it thank you very much, i will watch it then  :)
Yep.

Found a page on BitMinter which might help. http://bitminter.com/shifts

Looks like you should start seeing BTC in your account after ~1h20m of mining if I'm reading that right. Doesn't really explain why you have NMC in your account, though. They might not use their "shift" system there.


Title: Re: I only make NMC
Post by: elazard on April 13, 2013, 08:19:22 PM
yes actually it seems that i ll get some btc next! thanks again for your help  :)