Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: fighter on February 17, 2014, 03:13:18 PM



Title: Is there a minimum time to be mining a pool to have any results?
Post by: fighter on February 17, 2014, 03:13:18 PM
For example, if mining with Deepbit is there a minimum time one must run cgminer to have anything added to their Deepbit account balance?


Title: Re: Is there a minimum time to be mining a pool to have any results?
Post by: Wipeout2097 on February 17, 2014, 03:22:16 PM
It depends on the particular coin you're mining, and the % of hashrate of that pool vs the total for that coin.

On coins that have avg block time of 30seconds and a pool has a large percentage of hash, it will find blocks quickly and so you will get "unconfirmed" coins in 2 or 3 minutes.

On the other extreme, on an unlucky pool it can take a long long time. High variance is very annoying, yes.


Title: Re: Is there a minimum time to be mining a pool to have any results?
Post by: fighter on February 17, 2014, 06:54:52 PM
Thanks for the reply!


Title: Re: Is there a minimum time to be mining a pool to have any results?
Post by: Wipeout2097 on February 17, 2014, 07:05:43 PM
Thanks for the reply!
But, it doesn't invalidate the possibility that the particular pool you're using, is scamming!

You should always check under "transactions" and have some idea how many confirmations does a pool or coin needs to make them appear in your balance.


Title: Re: Is there a minimum time to be mining a pool to have any results?
Post by: FreedomCoin on February 17, 2014, 07:35:03 PM
usually a couple minutes.


Title: Re: Is there a minimum time to be mining a pool to have any results?
Post by: fighter on February 18, 2014, 04:58:21 PM
usually a couple minutes.

All the time?