Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: Landagert on November 04, 2017, 01:41:37 PM



Title: Mining requirement
Post by: Landagert on November 04, 2017, 01:41:37 PM
I want to ask, not sure if it makes sense.

Do i need to open my wallet to mine altcoin? the altcoin that i am mining is called ALTCOM. I am mining in a pool


Title: Re: Mining requirement
Post by: fapar on November 04, 2017, 01:54:16 PM
I want to ask, not sure if it makes sense.

Do i need to open my wallet to mine altcoin? the altcoin that i am mining is called ALTCOM. I am mining in a pool


Since he trades on Yobit (https://yobit.net/en/trade/ALTCOM/BTC), you can create a purse there and point it to the pool, but check it in the pool requirements. Not all pools make payments to the purses of exchanges.


Title: Re: Mining requirement
Post by: Emoclaw on November 04, 2017, 02:28:26 PM
No you don't. If the pool you're mining on pays directly to your address and you don't have to withdraw from them or anything like that then simply give them your address.
When they pay you out, the next time you open up your wallet you'll see the payment there.

That is the case with all cryptocurrencies, including Bitcoin and Ethereum.