Bitcoin Forum

Bitcoin => Bitcoin Technical Support => Topic started by: BookLover on July 17, 2013, 04:44:45 PM



Title: Where do mined coins go? (Answered)
Post by: BookLover on July 17, 2013, 04:44:45 PM
Here is the scenario, I'm solo mining with bitcoin qt and I manage to mine a block:
To which address do the coins go?  
Is it to one of my existing addresses or to the an address in my keypool?  
If I mine another block will it be sent to the same address?


Title: Re: Where do mined coins go?
Post by: Beastlymac on July 17, 2013, 04:59:28 PM
Here is the scenario, I'm solo mining with bitcoin qt and I manage to mine a block:
To which address do the coins go? 
Is it to one of my existing address or to the an address in a keypool? 
If I mine another block will it be sent to the same address?
It will get sent to your wallet address


Title: Re: Where do mined coins go?
Post by: Meni Rosenfeld on July 17, 2013, 05:04:44 PM
It will be sent to a new address, a different one each time.

Where "new" does mean it's taken from the key pool.


Title: Re: Where do mined coins go?
Post by: BookLover on July 17, 2013, 05:07:34 PM
@ Meni: Thanks for the clear answer. :D  Now I can answer this https://bitcointalk.org/index.php?topic=255927.0;topicseen question. ;)


Title: Re: Where do mined coins go?
Post by: GrapeApe on July 17, 2013, 05:13:15 PM
Mined coins go to buying more mining hardware. Feed the beast don't you understand this is the ultimate example of diminishing returns. That's where my coins go.