Bitcoin Forum

Other => Beginners & Help => Topic started by: locke9342 on June 08, 2013, 02:04:56 AM



Title: When will i get my first payout?
Post by: locke9342 on June 08, 2013, 02:04:56 AM
Im running a amd 7870 and getting roughly 400 mhashes. Currently i have 1300 shares and i have not gotten one payout. Im on deepbit pool. Am i doing something wrong?


Title: Re: When will i get my first payout?
Post by: locke9342 on June 08, 2013, 03:36:08 AM
I'm up to 1600 shares , still nothing. What am I doing wrong?


Title: Re: When will i get my first payout?
Post by: Kaepora on June 08, 2013, 03:48:40 AM
I'm up to 1600 shares , still nothing. What am I doing wrong?
I haven't mined there but what is your payout threshold? Like 1 COIN 2 COINS ETC


Title: Re: When will i get my first payout?
Post by: locke9342 on June 08, 2013, 04:02:23 PM
Im running a amd 7870 and getting roughly 400 mhashes. Currently i have 1300 shares and i have not gotten one payout. Im on deepbit pool. Am i doing something wrong?

I have it set at .01


Title: Re: When will i get my first payout?
Post by: Eva Braun on June 08, 2013, 04:35:43 PM
when you get it, be patient my friend.


Title: Re: When will i get my first payout?
Post by: cr1776 on June 08, 2013, 05:46:55 PM
At deepbit, it will depend on a number of factors.  You can check your balance under the "My Account" section (deepbit.net/account).  Once you hit your minimum payment threshold, it will pay out shortly thereafter.  At 400 mhashes it might take a day or two to reach 0.01 BTC.  

Remember that shares different than coins.  Shares are an indication of your mining contribution to the current round.  Your share/total shares * 25 BTC is a rough calculation for your reward.

Just check out the balance section and watch it grow.

Im running a amd 7870 and getting roughly 400 mhashes. Currently i have 1300 shares and i have not gotten one payout. Im on deepbit pool. Am i doing something wrong?


Title: Re: When will i get my first payout?
Post by: locke9342 on June 08, 2013, 05:52:38 PM
should i switch pools to a better one? I was using slush's but everytime i try to connect it has problems


Title: Re: When will i get my first payout?
Post by: Kaepora on June 08, 2013, 05:53:55 PM
should i switch pools to a better one? I was using slush's but everytime i try to connect it has problems

You might want to check out Bitminter:
http://bitminter.com/
You could even use their Java client to mine its really easy.


Title: Re: When will i get my first payout?
Post by: cr1776 on June 08, 2013, 05:55:21 PM
I've used deepbit and slush's and both have been reliable over time. Has your balance increased yet?  Are your shares still increasing?


should i switch pools to a better one? I was using slush's but everytime i try to connect it has problems


Title: Re: When will i get my first payout?
Post by: locke9342 on June 08, 2013, 05:56:26 PM
i got about 2400 shares now and my ballence is now 0.00186213 BTC


Title: Re: When will i get my first payout?
Post by: Kaepora on June 08, 2013, 05:57:38 PM
i got about 2400 shares now and my ballence is now 0.00186213 BTC
It needs to hit 0.1 it may be a while, 400 Mh/s isnt very much and you have to factor in the Pool fee also.


Title: Re: When will i get my first payout?
Post by: cr1776 on June 08, 2013, 06:07:16 PM
At 400, it will take a while.  It also depends on pool luck too, but over time that will average out.  The pool fees are not that much, but there are other pools that have a lower fee structure.  (I use deepbit as my backup pool though).

If you leave it on 24/7, you'll get there eventually, the difficultly has increased greatly this year so that it takes a lot longer to earn even 0.1 BTC.

i got about 2400 shares now and my ballence is now 0.00186213 BTC


Title: Re: When will i get my first payout?
Post by: mprep on June 08, 2013, 06:23:30 PM
Anybody got some btc for me?
Seems like no. :)


Title: Re: When will i get my first payout?
Post by: locke9342 on June 08, 2013, 06:55:50 PM
I switched to the bitminter pool you recomended. And it says my average per day should be about .0128


Title: Re: When will i get my first payout?
Post by: cr1776 on June 08, 2013, 08:16:05 PM
That seems a bit low, but in the ballpark. Good luck and don't forget about the coins on deepbit. 

I switched to the bitminter pool you recomended. And it says my average per day should be about .0128


Title: Re: When will i get my first payout?
Post by: KSV on June 08, 2013, 08:22:25 PM
just wait


Title: Re: When will i get my first payout?
Post by: locke9342 on June 09, 2013, 09:47:02 PM
On bitminter i jsut got my first payout of name coins and i used a wallet from vircurex.com. But it hasnt shown up in there yet. whats going on?


Title: Re: When will i get my first payout?
Post by: J35st3r on June 09, 2013, 09:58:34 PM
On bitminter i jsut got my first payout of name coins and i used a wallet from vircurex.com. But it hasnt shown up in there yet. whats going on?

EDIT. None of this applies to name coins, sorry. This is just for bitcoins. I should have read more carefully.

But you do have some bitcoin at https://blockchain.info/address/1HejHPpk91zs7rByhBszsk2TjUX59mSvxz including a 0.01 BTC payment on 31st May. Was that your pool payout?

Quote
You have to wait until the payment is incorporated into a block. Then you also may need to wait for several confirmations (more blocks, at 10 minute (average) intervals) before the wallet shows it. Just plug your wallet address into the search box at http://blockexplorer.com  or https://blockchain.info to check the transaction progress.


Title: Re: When will i get my first payout?
Post by: locke9342 on June 09, 2013, 10:08:45 PM
Okay ill wait.


Title: Re: When will i get my first payout?
Post by: locke9342 on June 09, 2013, 10:18:22 PM
No that was just someone on the forums giving out free coins


Title: Re: When will i get my first payout?
Post by: J35st3r on June 09, 2013, 10:28:22 PM
No that was just someone on the forums giving out free coins

0.01BTC is not bad as a freebie. Most of the faucet websites are just giving out unusable dust. Anyway good luck with your missing payments.


Title: Re: When will i get my first payout?
Post by: locke9342 on June 09, 2013, 10:32:08 PM
yea. So if it should come eventully? Something that worries me is that on the vircurex page it says "DO NOT use Vircurex addresses for mining purposes. We cannot credit coins generated (instead of being send). "
"


Title: Re: When will i get my first payout?
Post by: J35st3r on June 09, 2013, 10:44:45 PM
yea. So if it should come eventully? Something that worries me is that on the vircurex page it says "DO NOT use Vircurex addresses for mining purposes. We cannot credit coins generated (instead of being send).

I don't know anything about name coin (other than its almost worthless), so I can't help. But that does sound odd since they also trade bitcoin. It sounds to me like you don't have control over your own private keys on this site. Unless they mean for solo mining (the "coins generated"), but that does not make sense either. Either way that's just weird. No matter for the tiny amounts you currently have, but I'd feel safer with an independent wallet (bitcoin_qt, electrum, armoury or paper) for any substantial amounts.


Title: Re: When will i get my first payout?
Post by: locke9342 on June 09, 2013, 10:49:32 PM
I have a wallet for bitcoin but i need a good one for name coin


Title: Re: When will i get my first payout?
Post by: J35st3r on June 09, 2013, 10:59:27 PM
I have a wallet for bitcoin but i need a good one for name coin

OK, good. I use paper myself (I'm playing with vanitygen at the moment, hence the sig. Cool, how random is that?). Can't help with name coin though, but did you catch my mention that its almost worthless. No point mining it really (unless you need to pay for domain name hosting?) Even then, I don't know how it works. Why not ask on the alt coin forum https://bitcointalk.org/index.php?board=67.0  since you're able to post there now.


Title: Re: When will i get my first payout?
Post by: locke9342 on June 09, 2013, 11:07:38 PM
Yea I know its really low value. But when i mine with bitminter it just mines nmc anyway along with the btc


Title: Re: When will i get my first payout?
Post by: J35st3r on June 09, 2013, 11:28:53 PM
Yea I know its really low value. But when i mine with bitminter it just mines nmc anyway along with the btc

Btcguild stopped doing that a few months back. Just a gimmick really. Don't choose a pool just because it gives you free alt coins. I can recommend btcguild, even though he's upped his fees to discourage users (he pioneered ASICMINER and is worried about getting too close to 51% of the network).

Anyway bedtime for me.
CUL8R.