Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: bb on July 24, 2011, 04:51:13 PM



Title: Description: Generated ??
Post by: bb on July 24, 2011, 04:51:13 PM
Hi,

I just fired up my bitcoin client to check my new mining payouts (from pools) and found a new entry that just says "Generated". It is about 0.44 BTC.

It appears neither in "Sent" nor in "Received", only in "All Transactions".

What is this?


Title: Re: Description: Generated ??
Post by: dikidera on July 24, 2011, 04:52:45 PM
Hi,

I just fired up my bitcoin client to check my new mining payouts (from pools) and found a new entry that just says "Generated". It is about 0.44 BTC.

It appears neither in "Sent" nor in "Received", only in "All Transactions".

What is this?
This happens if you were on eligius, and werent there for a week. So you get paid whatever you had left.


Title: Re: Description: Generated ??
Post by: bb on July 24, 2011, 05:05:55 PM
How can a transaction from eligius say "Generated" instead of "Received with: ..." ?


Title: Re: Description: Generated ??
Post by: EricJ2190 on July 24, 2011, 05:14:16 PM
When a block is generated, it can divide the block among multiple addresses in any way it wants. Most pools claim the whole 50 BTC themselves and then pay the users afterwards. Eligius, however, just puts users' addresses right into the generated coins transaction. The coins are never actually sent from anywhere, they are essentially just claimed on your behalf.


Title: Re: Description: Generated ??
Post by: bb on July 24, 2011, 05:30:04 PM
Thanks for clearing that up.  :)