Bitcoin Forum

Other => Beginners & Help => Topic started by: gorot on December 11, 2017, 02:28:01 PM



Title: Reward for mining
Post by: gorot on December 11, 2017, 02:28:01 PM
Hi!
I've tried to find answers on my questions on the forum, but i wasn't successful.
I'm new in mining so have few questions. How often I'll get reward for mining? Once a day? Yesterday i was mining Electroneum (ETN) for 5 hours, but i didn't get any income on my etn wallet.
And one more: is it possible to mine directly to exchange wallet (on cryptopia exchange)?
Thanks


Title: Re: Reward for mining
Post by: mayo2u on December 11, 2017, 03:00:10 PM
Hi!
I've tried to find answers on my questions on the forum, but i wasn't successful.
I'm new in mining so have few questions. How often I'll get reward for mining? Once a day? Yesterday i was mining Electroneum (ETN) for 5 hours, but i didn't get any income on my etn wallet.
And one more: is it possible to mine directly to exchange wallet (on cryptopia exchange)?
Thanks

If you are solo mining it will all depend upon how much hashing power you have. Based upon your question I would assume that you have very, very little hashing power and there is a chance that you might never mine a block.

Your best bet is to join a mining pool - then you will be assured of something and will see your accumulated shares.


Title: Re: Reward for mining
Post by: gorot on December 11, 2017, 03:10:59 PM

If you are solo mining it will all depend upon how much hashing power you have. Based upon your question I would assume that you have very, very little hashing power and there is a chance that you might never mine a block.

Your best bet is to join a mining pool - then you will be assured of something and will see your accumulated shares.

No, I've joined pool www.electroneum.space and have 860 h/s in cryptonight algorithm. I have the same results on another pools to. So maybe I'm doing smth wrong. And I can't understand what exactly.


Title: Re: Reward for mining
Post by: NoobStroob on December 12, 2017, 04:53:53 AM
In my opinion it is very difficult to be profitable in mining. Even if your costs are low, the return you get may not always be worth your time (and the stress on your hardware)


Title: Re: Reward for mining
Post by: penetrak on December 13, 2017, 10:09:26 PM
You have a wallet address as well as a payment ID for cryptopia. On the pool you mining only to the address of the wallet. When you're mining on the pool, you usually have a box where you enter the address where the coins will come and you will see your performance. Each pool has some time to pay. But also blocks must be confirmed then send your payment. I have also mined the ETN on this pools  https://electromine.fr/ and http://uk-etn-stats.hashparty.io/#. Create your wallet on your computer and from there to send the coins to exchange.


Title: Re: Reward for mining
Post by: GregorWar on December 14, 2017, 06:45:19 AM
don't mine directly to Cryptopia...this is the message on their page about direct mining:

WARNING! Please do not mine directly to your Cryptopia addresses, We do not support generated transactions from pools like P2Pool etc.

 ;) ;) ;)


Title: Re: Reward for mining
Post by: gorot on December 19, 2017, 10:35:51 PM
don't mine directly to Cryptopia...this is the message on their page about direct mining:

WARNING! Please do not mine directly to your Cryptopia addresses, We do not support generated transactions from pools like P2Pool etc.

 ;) ;) ;)

Thanks!


Title: Re: Reward for mining
Post by: ZCoinTalk on December 19, 2017, 10:40:54 PM
You need a lot of time and almost free electricity to be profitable in mining. It is easier to buy Bitcoin and just hold. Or one of the other top 20 coins.