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June 07, 2011, 02:29:47 PM |
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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.
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