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Author Topic: Can someone help me reach the minimum threshold at a pool?  (Read 767 times)
Mikko8 (OP)
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April 29, 2013, 05:29:18 PM
 #1

Can someone help me reach the minimum threshold at Slush's pool? I've mined just 0.0026 BTC and it has taken weeks. Help would be appriciated, and I would send you your fair share for the work.
jfedor
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April 29, 2013, 05:33:13 PM
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It doesn't seem like you have the hardware for profitable mining.
Mikko8 (OP)
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April 29, 2013, 05:45:30 PM
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That is why I am asking. I am mining on ATI Mobility Radeon HD 5xxx series GPU.
jorgebuck
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April 29, 2013, 05:48:28 PM
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So rather than mining on your own you just want others to give you bitcoins?
Mikko8 (OP)
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April 29, 2013, 05:59:26 PM
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As I said I would transfer the actual miner their fair share for the work.

EDIT: Also, I have no plans to continue mining after I receive the payment from the pool, so this would be a one time deal.
RoadToHell
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April 29, 2013, 06:16:31 PM
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Can someone help me reach the minimum threshold at Slush's pool? I've mined just 0.0026 BTC and it has taken weeks. Help would be appriciated, and I would send you your fair share for the work.

You might want to consider what you are asking of people to help you recoup what amounts to (at current exchange rates) 37 cents.  Chalk it up to some lessons learned and insight gained and leave it on the table.

Sam Spade: We were talking about a lot more money than this.
Kasper Gutman: Yes, sir, we were, but this is genuine coin of the realm. With a dollar of this, you can buy ten dollars of talk.
Mikko8 (OP)
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April 29, 2013, 06:26:30 PM
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Can someone help me reach the minimum threshold at Slush's pool? I've mined just 0.0026 BTC and it has taken weeks. Help would be appriciated, and I would send you your fair share for the work.

You might want to consider what you are asking of people to help you recoup what amounts to (at current exchange rates) 37 cents.  Chalk it up to some lessons learned and insight gained and leave it on the table.
While I fully understand that I am probably looking for some fast miners' help and that they are probably the least interested in this, I am also aware that the work done (mined) is quite meaningless. Anyway, as a newbie and an enthusiast it was worth asking.
DannyHamilton
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April 29, 2013, 06:31:59 PM
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Can someone help me reach the minimum threshold at Slush's pool? I've mined just 0.0026 BTC and it has taken weeks. Help would be appriciated, and I would send you your fair share for the work.

You might want to consider what you are asking of people to help you recoup what amounts to (at current exchange rates) 37 cents.  Chalk it up to some lessons learned and insight gained and leave it on the table.
While I fully understand that I am probably looking for some fast miners' help and that they are probably the least interested in this, I am also aware that the work done (mined) is quite meaningless. Anyway, as a newbie and an enthusiast it was worth asking.
What is the minimum threshold?
Mikko8 (OP)
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April 29, 2013, 06:34:03 PM
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Can someone help me reach the minimum threshold at Slush's pool? I've mined just 0.0026 BTC and it has taken weeks. Help would be appriciated, and I would send you your fair share for the work.

You might want to consider what you are asking of people to help you recoup what amounts to (at current exchange rates) 37 cents.  Chalk it up to some lessons learned and insight gained and leave it on the table.
While I fully understand that I am probably looking for some fast miners' help and that they are probably the least interested in this, I am also aware that the work done (mined) is quite meaningless. Anyway, as a newbie and an enthusiast it was worth asking.
What is the minimum threshold?

0.01 BTC
DannyHamilton
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April 29, 2013, 06:38:05 PM
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Can someone help me reach the minimum threshold at Slush's pool? I've mined just 0.0026 BTC and it has taken weeks. Help would be appriciated, and I would send you your fair share for the work.

You might want to consider what you are asking of people to help you recoup what amounts to (at current exchange rates) 37 cents.  Chalk it up to some lessons learned and insight gained and leave it on the table.
While I fully understand that I am probably looking for some fast miners' help and that they are probably the least interested in this, I am also aware that the work done (mined) is quite meaningless. Anyway, as a newbie and an enthusiast it was worth asking.
What is the minimum threshold?

0.01 BTC

Be aware that when you send 0.0074 to the miner that helped you, since the output is less than 0.01 BTC, the bitcoin network will require you to pay a 0.0005 fee.  This leaves you with 0.0021.
Mikko8 (OP)
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April 29, 2013, 06:42:51 PM
 #11

Can someone help me reach the minimum threshold at Slush's pool? I've mined just 0.0026 BTC and it has taken weeks. Help would be appriciated, and I would send you your fair share for the work.

You might want to consider what you are asking of people to help you recoup what amounts to (at current exchange rates) 37 cents.  Chalk it up to some lessons learned and insight gained and leave it on the table.
While I fully understand that I am probably looking for some fast miners' help and that they are probably the least interested in this, I am also aware that the work done (mined) is quite meaningless. Anyway, as a newbie and an enthusiast it was worth asking.
What is the minimum threshold?

0.01 BTC

Be aware that when you send 0.0074 to the miner that helped you, since the output is less than 0.01 BTC, the bitcoin network will require you to pay a 0.0005 fee.  This leaves you with 0.0021.

I know, tough life, I guess Cheesy I have some scrap BTC from µBTC sites to help fund the cost. But at least I've got some BTC, learned the lesson and stopped watching the ads.
Mikko8 (OP)
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April 29, 2013, 06:44:56 PM
 #12

I'm also not able to purchase some BTC because PayPal is not considered safe and SEPA transfers cost just under 6 EUR in my country.
DannyHamilton
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April 29, 2013, 06:49:19 PM
 #13

Be aware that when you send 0.0074 to the miner that helped you, since the output is less than 0.01 BTC, the bitcoin network will require you to pay a 0.0005 fee.  This leaves you with 0.0021.
I know, tough life, I guess Cheesy I have some scrap BTC from µBTC sites to help fund the cost. But at least I've got some BTC, learned the lesson and stopped watching the ads.

Be careful.  Depending on how much scrap you have and how small the value is of each scrap output, you could find that they significantly increase the size of the transaction to the point where you are paying a "per kilobyte" fee.  At that point, the transaction could end up costing you more than 0.0026 meaning you might not have enough available to cover to cost to send the miner their "fair share".
Mikko8 (OP)
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April 29, 2013, 07:55:28 PM
 #14

Be aware that when you send 0.0074 to the miner that helped you, since the output is less than 0.01 BTC, the bitcoin network will require you to pay a 0.0005 fee.  This leaves you with 0.0021.
I know, tough life, I guess Cheesy I have some scrap BTC from µBTC sites to help fund the cost. But at least I've got some BTC, learned the lesson and stopped watching the ads.

Be careful.  Depending on how much scrap you have and how small the value is of each scrap output, you could find that they significantly increase the size of the transaction to the point where you are paying a "per kilobyte" fee.  At that point, the transaction could end up costing you more than 0.0026 meaning you might not have enough available to cover to cost to send the miner their "fair share".

I am aware of the "per kilobyte fee" but it seems rather a suggestion, at least at this stage. I've seen transactions in tens of kilobytes with just a 0.0005 BTC fee added going through and confirmed, and, after all, free transactions also exist. Bitcoin project is still in its rise and at this point I don't think miners should complain about not receiving the "suggested" fee as they are raking most of their revenue from block creation and not from transaction confirmation fees. Later, as the Bitcoin project ages, the topic on the fee amounts probably will become more and more significant.
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