"Send coins" fee reduced to 0.00002 BTC. It's been a very long time since BTC transactions have been this cheap, so this is a good time to cash out your coins!

Your hashrate on the website now shows with one digit after the decimal point.

I added a scam warning on the front page because of rampant scams taking place at the moment. There's several fake Bitminter representatives on Facebook, Twitter, Whatsapp, and probably other social media. I found a couple fake Bitminter pages on Facebook - got one of them closed today. There's a fake website too.

If some random person contacts you on social media, saying they work for or with Bitminter and that if you give them money then they'll mine for you - those are scammers looking to steal your money. Don't give your money to thieves.

The real Bitminter website is https://bitminter.com

If you need to contact Bitminter then write to support@bitminter.com or use the contact form on the website.

Bitminter has a server in Germany, at eu1.bitminter.com:3333

That said, having a server close to you will only reduce your stale work a tiny bit. So maybe you earn 0.02% more bitcoin.

Damn. Who needs enemies when you can have friends like that. Sorry to hear this happened to you. But at least we know what happened.

Then tell me exactly which data you are talking about. You said no work was registered for days. Looking at one of your workers the closest thing I can find is 41 hours without work near the end of january. Is it this pause in mining that in your opinion should not be there?

I don't care if your hashrate was substantial or not. I'm working very hard to make the pool reliable and a good experience for everyone mining here.

We have been mining now for 6 years and 7 months. I am proud that Bitminter has been a reliable pool that most users have been happy with. I am always ready to look into any issue or suggestion for improvement. I don't ignore support requests.

If you are willing to answer some questions and trying some things then I'm ready to work with you to figure out what's going on.

I am Geir Harald Hansen.

I have replied to your latest email with some data on your mining. A couple of your workers have work registered today. So work is being registered.

You can see your work in the current shift under "statistics" -> "live stats" in the website menu. This shift started yesterday and you have work in it.

Quick way to check if work is being registered on a worker: go to "my account" -> "workers" in the website menu. Look at the current work numbers. Wait a few minutes. Then click the "refresh" button and see if the numbers go up. Note for those mining on graphics cards or old USB sticks: wait some days instead of minutes.

Do you mean your account shows zero work done? In that case you're probably not mining with a correct setup. Use the contact page on the website to ask for help and include the exact settings you are using (url and worker name).

Or do you mean that you haven't gotten any bitcoin yet? You will get bitcoin once someone in the pool has found a block. We're on an unlucky round right now. CDF is at 90% now - this means that in 90% of cases we would have found a block with the amount of work we have done so far. That's bad luck. This is how mining works; finding a block and getting bitcoins is a lottery - there is no progress and you never know in advance how much work you need to find another block. So you have some short rounds and some long rounds between blocks.

The Bitminter hashrate is the Bitcoin price.

Better get some more miners on here.

No, I'm from Norway. By the way, when people say they're not CIA, they're usually CIA.

The fee for sending BTC with "send coins" has been reduced to 0.0004 BTC. It is great to see bitcoin transactions becoming cheaper. Hopefully this development will continue.

There has been some changes to the stats, showing hashrates in TH/s instead of GH/s. In the livestats the comma separator has been replaced with space. So the difficulty is shown as 2 603 077 300 219 instead of 2,603,077,300,219. The comma was confusing to some users as comma and dot/point are used differently in different countries. In some countries 2,000 TH/s means you have 2000 TH/s, in others it means you have 2 TH/s. It depends on whether comma is decimal separator or group separator in your part of the world.

This is a work in progress, the changes have not been applied everywhere on the website yet.

As always, let me know if you have any suggestions/feedback.

How about showing one digit after the decimal point in the live stats and worker page, like it is on the shifts page? Then it's down to 100 GH/s which is very little today.

Sure, if you had a higher share of hashrate in the shifts that got no pay and a lower share of the hashrate in the shifts that later got paid, then you would have gotten paid more if the block was found sooner.

This isn't a huge effect since our hashrate usually doesn't change that quickly.

It could be evened out more with longer shifts, of course.

One negative impact of long shifts, beyond it taking a long time to get paid after you did some work, is the psychological effect it has. Many misunderstand and think they have to mine for free or for low pay until they have filled 10 shifts and only then do they get paid properly. They call this a "ramp up". We used to have a number on the website showing what amount you would earn right now if we find a block (in those days transactions fees were almost zero). This lead to a lot of complaints about "ramp up" so it had to be removed. The current stats try to show useful data without leading people into misunderstandings.

In reality all work is paid the same way. If you do an hour of work it gets paid the same way as all other work, from blocks found while that work is among the 10 latest completed shifts. It doesn't matter if it is your first hour, your last, or somewhere in the middle. It does not get paid less because you did or did not do some other work.

It's the same thing with questions about whether there is a punishment if you stop mining. No, there is no punishment. Your work is still paid the same way. But you don't get paid for work you didn't do. There is no "ramp down". After you stop mining you are not getting paid for not working. You are still getting (delayed) pay for work you have done before.

This reminds me of the person that commented on Bitminter on mywot.com that he mined some coins in 2014, left, and when he came back in 2017 there was the same amount. This is not a punishment. To mine coins you have to actually mine. It's hard to believe that Bitminter would get a reduced reputation score for something like this, but that's how it is.

The current reward system and the statistics on the website are an attempt at balance between these different concerns and the misunderstandings over the years.

If you mine 24/7 then it doesn't matter. If you have 1% of the pool hashrate then you get 1% of the coins that are paid out. Does it matter exactly which work you got paid for? No.

If you are a part time miner then things get more difficult. If you got paid for all the work you did going 6 months back, then any hour you decide to do some mining that hour will be paid pretty much the same each time. However, it would take 6 months after you did an hour of mining until it was fully paid. That's a long time to wait.

So for part time miners we have to try to find a balance between evening out payments and not taking too long to finish paying some work done in the past.

lol


Shifts appear to show inaccurate per-shift earning stats for a while after they are finished. I haven't had time to look more closely at this, but I will.

Note that this miner cannot mine bitcoin and you can't use it on Bitminter.

It may look like you will earn almost 11 BTC the first year if you mine Blake coins and sell them. The reality is that an ASIC for these coins will change everything, like it did with bitcoin in 2013. Noone will make as much as these numbers show now. If you had the only ASIC you would still not make that much. Because even your one ASIC miner would raise the difficulty. Still someone could make some quite good earnings in the beginning. Like it was with bitcoin. The people who got the first ASICs had some very profitable mining before the difficulty went up. In this case that's probably Bitmain themselves. By the time you receive the miner the difficulty will already be much higher than it is today. If you have one of the early orders you may still make a good profit - noone knows. At least Bitmain is not like Butterfly Labs that mined on customer ASICs until it was less profitable and only then finally shipped them.


Finding a block is like a lottery. You can't predict when it will happen. With the current hashrate the average time for us to find a block is just under 2 weeks. We are working on getting the hashrate up. It has gone from 2 PH/s to 7 PH/s in a fairly short span of time. Hopefully we will have more frequent blocks in the future as our hashrate keeps growing.


Whether you have an S7 or S9 doesn't really matter for which pool you should choose.

If you can't pay the electricity bill without frequent payouts, then perhaps you should mine on an extremely expensive PPS pool instead. While Bitminter is a very cheap pool to mine at, the payouts aren't at regular intervals. With PPS you pay extremely high fees, but you get paid regularly - and that is why you pay the high fees. If you have a PPS pool with 3% fee on the newly created coins and 100% fee on transaction fees, that's a total fee rate of about 28% currently. Bitminter has a 1% fee and optional donations to unlock perks, but you can turn that off.

Still, you may have to mine at 28% fee instead of 1% fee, because otherwise you are not able to pay the bills. Like they say, it's expensive to be poor.

What bigolin said is another option. You can do some high-fee PPS mining to ensure that you can pay the bills and put the rest on low-fee PPLNS mining.

That's because you're not actually mining bitcoin with that CPU. If you mine bitcoin with a CPU you earn nothing.

If you want to mine bitcoin you need to buy a modern bitcoin ASIC miner. Today 1000 GH/s is extremely slow and the fastest miner, I believe, has 16000 GH/s (16 000 000 MH/s).

There are some altcoins you can still mine with a PC. Some services let you mine altcoins and get paid in bitcoin.

At Bitminter we only support bitcoin mining (with merged mining of namecoin). Maybe we'll support other coins in the future.

Bitminter is a mining pool - go to https://bitminter.com to register.

You can't mine bitcoin with a PC anymore. You need to buy a modern bitcoin ASIC miner (not the ancient USB-based ones). 1000 GH/s is now extremely slow - the fastest miner right now I believe does 16000 GH/s.

What disappeared was not BTC, it was the session statistics showing how much work you did this session. If you log into the website you can see the work you have done over all time under "my account" -> "workers" in the website menu.

Your balance in bitcoin you can see under "my account" -> "overview". You get paid when blocks are found.

Don't buy them. They are completely obsolete and useless.

Today 1000 GH/s is extremely slow. Don't buy an old USB miner.

We are having difficulties delivering email to hotmail/live/msn/outlook addresses.

Many users of these services are reporting our emails as spam. Especially common is to create an account and when we send an email confirmation link, they mark it as spam. This in combination with Microsoft's very aggressive anti-spam system is making it hard to deliver email to these addresses.

It is highly recommended to use an email provider other than Microsoft.

If you keep using a Microsoft email service, please add support@bitminter.com to your contacts list and your "safe senders" list.