Bitcoin Forum

Bitcoin => Mining => Topic started by: snedie on March 13, 2011, 05:00:35 AM



Title: Solo Mining - How do I know when I stirke gold?
Post by: snedie on March 13, 2011, 05:00:35 AM
Howdy,

So I've just got into bit mining and up to now have only participated in group mining. I can't seem to find much info on solo mining however and would like to get any info/tips that you guys might have.

Thanks


Title: Re: Solo Mining - How do I know when I stirke gold?
Post by: kindle on March 13, 2011, 05:41:28 AM
From what I gathered the Official bitcoin client where you monitor your transactions will reflect "Generated (50 matures in ## blocks) it will take some time before the 50 btc matures and gets accredited into your wallet. So far I just gotten my 1st block and its 59 blocks as of now to mature =P


Title: Re: Solo Mining - How do I know when I stirke gold?
Post by: snedie on March 13, 2011, 06:21:04 AM
How long did you have to wait for the first block to be processed? Also, are you converting the currency into usable real world money?


Title: Re: Solo Mining - How do I know when I stirke gold?
Post by: kindle on March 13, 2011, 06:57:26 AM
its about 14 hours now and I am left with 51 blocks for confirmation. I am not too sure about the norm. Anyway yes I will be converting to foot the bills first.


Title: Re: Solo Mining - How do I know when I stirke gold?
Post by: snedie on March 13, 2011, 07:04:10 AM
So as soon as your machine achieves a successful block it shows instantly in the client?


Title: Re: Solo Mining - How do I know when I stirke gold?
Post by: kindle on March 13, 2011, 08:00:24 AM
Yeap its reflected but the reward will only enter after the block has been verified by the community.