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Author Topic: I cant withdraw my earnings.  (Read 714 times)
spedy93 (OP)
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April 24, 2014, 08:33:39 PM
 #1

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:

zvs
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April 24, 2014, 11:00:53 PM
 #2

Looks to me like it hasn't even solved a block yet, so you don't even have any pending bitcoins.  Try a p2pool.
Chris_Sabian
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April 25, 2014, 01:50:36 AM
 #3

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.
xstr8guy
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April 25, 2014, 05:47:45 AM
 #4

Why are you mining on some weird no-name pool in the first place? You just wasted two days of mining. Try BTCGuild.
Yuki1988
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April 25, 2014, 06:58:34 AM
 #5

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...

spedy93 (OP)
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April 26, 2014, 02:43:11 AM
 #6

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?
jonnybravo0311
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April 26, 2014, 03:10:20 AM
 #7

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.

Jonny's Pool - Mine with us and help us grow!  Support a pool that supports Bitcoin, not a hardware manufacturer's pockets!  No SPV cheats.  No empty blocks.
PerrythePlatypus
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April 26, 2014, 06:44:06 AM
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Try BTCGuild. They find blocks quite often.
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April 26, 2014, 02:23:14 PM
 #9

If you want to have a more stable revenue, you could pick a bigger pool like btcguild and eligius.

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