Hi guys
I'm pretty new to bitcoin and just started, so I've got a few inquiries to make.
I just started out and am using guiminer. I'm currently mining from Slush's Pool. I'm currently mining using my GPU (at least, I hope so from the option I chose) and so far, the MHash is at an average of 160MHash/s. My questions are:
1. I've noticed that my send threshold has automatically been set to 1.0. Should I make any changes to it?
2. In relation to prior question: I somewhat understand that the payout will be made to my wallet which I've set up once it crosses the send threshold. At current, the estimated reward is very low (approx. 0.00001). Does this estimated reward accumulate over time?
3. my rig has been mining for almost 48 hours at this point and I've yet to see or receive any coin. Again, is this because there is an accumulation process happening with this particular mining pool before the payout is made, or could there be something wrong with my bitcoin wallet not receiving any payments at the moment?
4. I've encrypted my wallet, but I heard cold storing the data on a USB. Stupid as this question is (and I do apologize for it, both in earnest and in advance): how do I do this and/or is there a thread which I can read about this?
I do apologize if my questions are a bit, but your answers and advice would help as solutions.
Thanks