Bitcoin Forum

Other => Beginners & Help => Topic started by: dloo on November 30, 2013, 01:48:45 AM



Title: Newbie Question
Post by: dloo on November 30, 2013, 01:48:45 AM
Hey guys. I'm 100% new to this and I'm looking to do the simplest thing. I don't know how to get everything I've mined into my wallet (see image below). How would one go about doing that. If you have an article or video that describes how, that will work just as well. Thanks.

https://i.imgur.com/q4QF9zJ.png

that is literally all i'm trying to do. I feel like i'm missing something obvious


Title: Re: Newbie Question
Post by: malumeze86 on November 30, 2013, 02:42:18 AM
The page on the right just shows that you are mining.

What is your actual "coin" balance?

If you are pool mining then there likely is a minimum payout which you will have to accumulate before you can withdraw your coins.

Also, your wallet isn't fully synced so any new transactions won't show until it synced past the block that your coins are sent in. 

Hope this helps. 

Good luck!


Title: Re: Newbie Question
Post by: mogrith on November 30, 2013, 02:50:40 AM
as was stated above that is not your coin balance.  if you are new to mining and using a graphics card you do not have 1105 BTC  (over $1,000,000.00)

You have 1105 shares in the pool probably out of a couple of million total so it's more like 1105/2123456 X 25BTC


Title: Re: Newbie Question
Post by: whispey on November 30, 2013, 03:00:21 AM
Hey guys. I'm 100% new to this and I'm looking to do the simplest thing. I don't know how to get everything I've mined into my wallet (see image below). How would one go about doing that. If you have an article or video that describes how, that will work just as well. Thanks.

https://i.imgur.com/q4QF9zJ.png

that is literally all i'm trying to do. I feel like i'm missing something obvious

You are mining at 67.1 MH/s.
At that speed, it would take a very very long time to just reach the pool minimum payout threshold.


Title: Re: Newbie Question
Post by: dloo on November 30, 2013, 03:14:06 AM
ok. I am not pool mining (at least not yet). Is there a tutorial for syncing this wallet? What about one for adding mined coins into wallet?

I appreciate the assistance. I really think this is a neat idea. I use to have my computer be part of several Boinc projects and I'd like to see if I can get this up ad running :)


Title: Re: Newbie Question
Post by: DannyHamilton on November 30, 2013, 03:19:10 AM
ok. I am not pool mining (at least not yet). Is there a tutorial for syncing this wallet? What about one for adding mined coins into wallet?

I appreciate the assistance. I really think this is a neat idea. I use to have my computer be part of several Boinc projects and I'd like to see if I can get this up ad running :)

You are mining at a rate of 67.1 MH/s and you are solo mining?

You don't have any bitcoins yet then.

You are unlikely to ever have any bitcoins.

Mostly, you're just burning up electricity for your own entertainment.


Title: Re: Newbie Question
Post by: yaNmy on November 30, 2013, 03:54:10 AM
ok. I am not pool mining (at least not yet). Is there a tutorial for syncing this wallet? What about one for adding mined coins into wallet?

I appreciate the assistance. I really think this is a neat idea. I use to have my computer be part of several Boinc projects and I'd like to see if I can get this up ad running :)

You are already way too late for GPU mining bitcoin.
Maybe you should switch back to BOINC to help the world.


Title: Re: Newbie Question
Post by: dloo on November 30, 2013, 03:59:53 AM
If you don't mine with the GPU, then what do you guys mine with?


Title: Re: Newbie Question
Post by: malumeze86 on November 30, 2013, 05:11:31 AM
If you don't mine with the GPU, then what do you guys mine with?

I use block erupters....  31 in total for a total speed of aroung 10.3GH/s

I paid too much for them and will probably not make any money from them.  

But I'm in it more for the fun of it.  Electricity isn't a big deal paying for and I enjoy supporting Bitcoin!

EDIT: typo


Title: Re: Newbie Question
Post by: Light on November 30, 2013, 05:14:51 AM
If you don't mine with the GPU, then what do you guys mine with?

Basically now you have to mine with ASICs if you actually want to make some BTC. ASICs (application-specific integrated circuit) are basically designed for fast hashing power in relation to Bitcoin, so it means you get a far faster hashrate than conventional GPU mining. However, do note that the pricing of ASICs can vary and some can take a while to ship out.


Title: Re: Newbie Question
Post by: dloo on November 30, 2013, 06:39:41 AM
Sorry for the late response. Will joining a pool help any?


Title: Re: Newbie Question
Post by: malumeze86 on November 30, 2013, 06:42:53 AM
Sorry for the late response. Will joining a pool help any?

It would generate a small amount of coins, but it would take a really, really long time to make enough to even withdraw it. 

Difficulty is going up really fast so GPU mining might never even get you a single payout.

And that payout wwould likely be only .01BTC.

 :-[


Title: Re: Newbie Question
Post by: dloo on November 30, 2013, 09:13:45 AM
fair enough. One more quick question. Mining solves mathimatical problems for the scientific communities right? Which communities in particular and for what cause?


Title: Re: Newbie Question
Post by: mogrith on November 30, 2013, 07:08:13 PM
fair enough. One more quick question. Mining solves mathimatical problems for the scientific communities right? Which communities in particular and for what cause?

nope not at all for bitcoin. you should look at primecoin XPM (pirme number search) it's fully up and running
https://bitcointalk.org/index.php?topic=251850.0
 or Curecoin in development works with folding@home https://bitcointalk.org/index.php?topic=330685.0

or gridcoin witch works with Boinc(I think just saw it mentioned on curecoin threads)