Title: I cant withdraw my earnings. Post by: spedy93 on April 24, 2014, 08:33:39 PM hi, i'm new at bitcoin mining, i bought a antminer s1. it just have two days mining and i can see my earnings in "estimated reward" but i cant withdraw it. i guess i need to wait the 120 confirmations to see my earnings in " confirmed reward" to withdraw it. my question is, how long must i wait? sorry if it a stupid question but i´m new at this. i use https://btcdig.com pool.i hope you can help me. another question, is this pool recomended? here is a ss: Title: Re: I cant withdraw my earnings. Post by: zvs on April 24, 2014, 11:00:53 PM Looks to me like it hasn't even solved a block yet, so you don't even have any pending bitcoins. Try a p2pool.
Title: Re: I cant withdraw my earnings. Post by: Chris_Sabian on April 25, 2014, 01:50:36 AM An estimated reward of ~0.05 means either a high hashrate for you or a small pool (large time between blocks). The pool hasn't found a block yet so you haven't earned part of it yet either.
Title: Re: I cant withdraw my earnings. Post by: xstr8guy on April 25, 2014, 05:47:45 AM Why are you mining on some weird no-name pool in the first place? You just wasted two days of mining. Try BTCGuild.
Title: Re: I cant withdraw my earnings. Post by: Yuki1988 on April 25, 2014, 06:58:34 AM Your pool didn't find a block yet, and so the 0.05 btc is your "estimated" reward rather than "unconfirmed" reward.
Check this page http://btcdig.com/stats/blocks/, and you will see it takes 18, 26 and 12 days respectively for your pool to find the last 3 blocks... Title: Re: I cant withdraw my earnings. Post by: spedy93 on April 26, 2014, 02:43:11 AM thanks all for helping me. i choose the pool from the forum list. i start mining at p2pool yesterday but i dont understand how it work. i mean the payment is automatic? the user is my bitcoin address. i just wait for the paymanet?
Title: Re: I cant withdraw my earnings. Post by: jonnybravo0311 on April 26, 2014, 03:10:20 AM With p2pool you need to find shares to get on the payout list. With your Antminer S1, you should expect to find a share approximately every 8 hours or so. Once you find shares, every time p2pool finds blocks, you get paid based on how many shares you've found in a given timeframe (rolling 3 day window). Take a look at the p2pool thread to get a complete overview of how it works.
Title: Re: I cant withdraw my earnings. Post by: PerrythePlatypus on April 26, 2014, 06:44:06 AM Try BTCGuild. They find blocks quite often.
Title: Re: I cant withdraw my earnings. Post by: Minnlo on April 26, 2014, 02:23:14 PM If you want to have a more stable revenue, you could pick a bigger pool like btcguild and eligius.
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