Bitcoin Forum
December 04, 2016, 08:21:30 AM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Confused Newbie...  (Read 718 times)
NDL
Newbie
*
Offline Offline

Activity: 2


View Profile
June 07, 2011, 02:29:47 PM
 #1

Lost and not even sure of proper search terms...

Cliff's notes - I think I'm getting the hang of the concept.  I have puddingpop's cpu miner working for slush's pool.  It's running @ 1.5 mhash per second when idle.  I know that's not much but it's about double what this guy running the client on his playstation was bragging about in Dragon's Tale.  What does Confirmed Rewards 4.4e-07 BTC mean?  I'm pretty sure that all but BTC = something akin to silt in a gold mining situation and it all has to be processed/sifted through to glean the rewards.

Firstly it took me a few days to get my computer up to it's best performance/speed and get the hang of using a miner.  It's just a laptop with 2ghz of cpu maximum.  I can't use the gpu(b4 anybody tells me to) as it's intel.  I'm just happy to have gone from a few hundred khash per second to 1.5mhash per second on average when idle.  B4 anyone says anything about heat - I put it on a milk crate when idle and it doesn't get as hot as when I use an app that's really taxing.  Was thinking that attaching old desktop fans to the crate would be good for the health of my laptop in general.(whether or not I keep trying with mining)

As best I can figure it out I'm in a pooled lotto.  Like any lotto I'm more likely to lose than win, but with the pool it kind of manipulates the odds.  Simplified it's like having a buy-in to a poker tournament where you own a piece of several other players while they own a piece of you, so instead of having say 1 in 1k chances of winning something you have more like 250 in 1k chance of winning something.(well I haven't the exact #'s for mining but this is how I'm making heads or tails of the whole thing)

Another analogy that seems to be helping is that everything I see from Mhash to blocks is like the silt from mining for precious gold.  It's once in a blue moon that you find a nugget but you have to sift through the dirt, sand, and gravel to find the treasure.

I think I have the gist.  And that if all goes well there will be tangible reward(even if small) for minimal effort.

Here's where I'm lost @ the moment: on sludge's site it says I have 4.4e-07 BTC confirmed.  4.4 looks straightforward enough but what does e-07 mean?  Also does it negate the 4.4 in some way?  I'm not sweating the transaction aspect because while trying to figure out how all this works(still trying btw) I tried Dragon's Tale when the faucet was dry.(still haven't requested from the faucet tho)  I transferred 0.01 out of Dragon's Tale with plans to send it back to the game once I understood a bit more, but now the game isn't working @ my end.  A guy in there was bragging about a few hundred khash per second, idk why.  Point is it took a really long time for the transaction to complete and show up in the client.  I just thought you should know that this isn't a "WHERE'S MY 4.4BTC!? JERK!" kind of post.  That it's not about worry, just confusion.
1480839690
Hero Member
*
Offline Offline

Posts: 1480839690

View Profile Personal Message (Offline)

Ignore
1480839690
Reply with quote  #2

1480839690
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480839690
Hero Member
*
Offline Offline

Posts: 1480839690

View Profile Personal Message (Offline)

Ignore
1480839690
Reply with quote  #2

1480839690
Report to moderator
1480839690
Hero Member
*
Offline Offline

Posts: 1480839690

View Profile Personal Message (Offline)

Ignore
1480839690
Reply with quote  #2

1480839690
Report to moderator
1480839690
Hero Member
*
Offline Offline

Posts: 1480839690

View Profile Personal Message (Offline)

Ignore
1480839690
Reply with quote  #2

1480839690
Report to moderator
mmdough
Member
**
Offline Offline

Activity: 70


WAAAAAHK waahk waahk waahk.


View Profile
June 07, 2011, 02:36:54 PM
 #2

e-07 is usually shorthand for x10^-7. So 4.4e-07 would be 0.00000044 BTC.

Alms for apostles: Ds9yPrqaHhRKvN8jcWmam6NN7EiTqAGsk
zamarok
Newbie
*
Offline Offline

Activity: 15


View Profile
June 07, 2011, 02:38:36 PM
 #3

e-07 is notation to denote an exponent. In actuality, you have 0.00000044 bitcoins. Notice how your 4.4 was shifted backwards 7 places.
NDL
Newbie
*
Offline Offline

Activity: 2


View Profile
June 07, 2011, 02:39:51 PM
 #4

TY.  I figured there had to be less than what appeared @ a glance based on the setups of others.  I just didn't get how or what was going on.

0.00295243 BTC unconfirmed but it's reading .003 unconfirmed inside the miner...so still confused.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!