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Author Topic: payouts awesome miner  (Read 142 times)
WesleyNL (OP)
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January 11, 2018, 04:05:27 PM
 #1

hello guys i came from nicehash and vertminer , those to are easy to setup with local wallets and easy to understand
awesome miner looks more advanced,

but i like to ask about payouts,

how does it actualy works, i am used to have a local wallet on the pc that keeps track of what is paid but compare to awesome miner how do it work with that, i see so many things on the website and im not that smart realy  and dont want to do anything wrong

i use bitpay for nicehash
and for vertminer i use vert core wallet

but i dont know how to do it with you guys, and the website , do i need for every coin that is mined a difrent wallet ?!  or can i use 1 wallet for everything that is mined ?
AdolfinWolf
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January 11, 2018, 04:43:01 PM
 #2

hello guys i came from nicehash and vertminer , those to are easy to setup with local wallets and easy to understand
awesome miner looks more advanced,

but i like to ask about payouts,

how does it actualy works, i am used to have a local wallet on the pc that keeps track of what is paid but compare to awesome miner how do it work with that, i see so many things on the website and im not that smart realy  and dont want to do anything wrong

i use bitpay for nicehash
and for vertminer i use vert core wallet

but i dont know how to do it with you guys, and the website , do i need for every coin that is mined a difrent wallet ?!  or can i use 1 wallet for everything that is mined ?

Not sure what you exactly  mean, but if you use nicehash, you simply provide hashpower, and in return get bitcoins. The people buying your hashpower get to keep the altcoins you essentially mined for them.

So you'll only need a bitcoin wallet for nicehash. but the opposite seems to be true for AwesomeMiner, by the looks of it here you simply keep the altcoins you mine, http://www.awesomeminer.com/help/coinbalance.aspx

So you will either indeed (if you want to store them safely?) a software wallet for each of them, or something like Exodus https://www.exodus.io/, Or you can let them payout to something like https://bittrex.com, where you can again sell them for bitcoin.

WesleyNL (OP)
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January 12, 2018, 01:55:02 PM
 #3

hello guys i came from nicehash and vertminer , those to are easy to setup with local wallets and easy to understand
awesome miner looks more advanced,

but i like to ask about payouts,

how does it actualy works, i am used to have a local wallet on the pc that keeps track of what is paid but compare to awesome miner how do it work with that, i see so many things on the website and im not that smart realy  and dont want to do anything wrong

i use bitpay for nicehash
and for vertminer i use vert core wallet

but i dont know how to do it with you guys, and the website , do i need for every coin that is mined a difrent wallet ?!  or can i use 1 wallet for everything that is mined ?

Not sure what you exactly  mean, but if you use nicehash, you simply provide hashpower, and in return get bitcoins. The people buying your hashpower get to keep the altcoins you essentially mined for them.

So you'll only need a bitcoin wallet for nicehash. but the opposite seems to be true for AwesomeMiner, by the looks of it here you simply keep the altcoins you mine, http://www.awesomeminer.com/help/coinbalance.aspx

So you will either indeed (if you want to store them safely?) a software wallet for each of them, or something like Exodus https://www.exodus.io/, Or you can let them payout to something like https://bittrex.com, where you can again sell them for bitcoin.

what i mean is ,  with this i dont need a wallet ?,  all miners i used upto now i had a wallet on pc , each coin/ miner had its own wallet,

for nicehash i used biitpay
fot vertcoin i use vert core / elctrum-vtc,

with this awesome miner i don't know what to use and how to get it paid,
ive been looking but i dont understand it, im not the smartest person on the world sadly,

 i try to understand it but i somehow cant/want to understand it
AdolfinWolf
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January 12, 2018, 02:23:51 PM
 #4

hello guys i came from nicehash and vertminer , those to are easy to setup with local wallets and easy to understand
awesome miner looks more advanced,

but i like to ask about payouts,

how does it actualy works, i am used to have a local wallet on the pc that keeps track of what is paid but compare to awesome miner how do it work with that, i see so many things on the website and im not that smart realy  and dont want to do anything wrong

i use bitpay for nicehash
and for vertminer i use vert core wallet

but i dont know how to do it with you guys, and the website , do i need for every coin that is mined a difrent wallet ?!  or can i use 1 wallet for everything that is mined ?

Not sure what you exactly  mean, but if you use nicehash, you simply provide hashpower, and in return get bitcoins. The people buying your hashpower get to keep the altcoins you essentially mined for them.

So you'll only need a bitcoin wallet for nicehash. but the opposite seems to be true for AwesomeMiner, by the looks of it here you simply keep the altcoins you mine, http://www.awesomeminer.com/help/coinbalance.aspx

So you will either indeed (if you want to store them safely?) a software wallet for each of them, or something like Exodus https://www.exodus.io/, Or you can let them payout to something like https://bittrex.com, where you can again sell them for bitcoin.

what i mean is ,  with this i dont need a wallet ?,  all miners i used upto now i had a wallet on pc , each coin/ miner had its own wallet,

for nicehash i used biitpay
fot vertcoin i use vert core / elctrum-vtc,

with this awesome miner i don't know what to use and how to get it paid,
ive been looking but i dont understand it, im not the smartest person on the world sadly,

 i try to understand it but i somehow cant/want to understand it

Yes, you do need a wallet.

Awesomeminer is simply a tool that makes interacting with a pool easier, as far as i know they themselve aren't a wallet. You will still need to give up a withdraw adress to the pools you're mining for, as can be seen here -> https://www.cryptocurrencyfreak.com/2017/12/17/setup-awesome-miner-nvidia-amd/

It would probably look a bit like this, although i think this is outdated.


WesleyNL (OP)
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January 14, 2018, 11:32:03 AM
 #5

hello guys i came from nicehash and vertminer , those to are easy to setup with local wallets and easy to understand
awesome miner looks more advanced,

but i like to ask about payouts,

how does it actualy works, i am used to have a local wallet on the pc that keeps track of what is paid but compare to awesome miner how do it work with that, i see so many things on the website and im not that smart realy  and dont want to do anything wrong

i use bitpay for nicehash
and for vertminer i use vert core wallet

but i dont know how to do it with you guys, and the website , do i need for every coin that is mined a difrent wallet ?!  or can i use 1 wallet for everything that is mined ?

Not sure what you exactly  mean, but if you use nicehash, you simply provide hashpower, and in return get bitcoins. The people buying your hashpower get to keep the altcoins you essentially mined for them.

So you'll only need a bitcoin wallet for nicehash. but the opposite seems to be true for AwesomeMiner, by the looks of it here you simply keep the altcoins you mine, http://www.awesomeminer.com/help/coinbalance.aspx

So you will either indeed (if you want to store them safely?) a software wallet for each of them, or something like Exodus https://www.exodus.io/, Or you can let them payout to something like https://bittrex.com, where you can again sell them for bitcoin.

what i mean is ,  with this i dont need a wallet ?,  all miners i used upto now i had a wallet on pc , each coin/ miner had its own wallet,

for nicehash i used biitpay
fot vertcoin i use vert core / elctrum-vtc,

with this awesome miner i don't know what to use and how to get it paid,
ive been looking but i dont understand it, im not the smartest person on the world sadly,

 i try to understand it but i somehow cant/want to understand it

Yes, you do need a wallet.

Awesomeminer is simply a tool that makes interacting with a pool easier, as far as i know they themselve aren't a wallet. You will still need to give up a withdraw adress to the pools you're mining for, as can be seen here -> https://www.cryptocurrencyfreak.com/2017/12/17/setup-awesome-miner-nvidia-amd/

It would probably look a bit like this, although i think this is outdated.

https://www.cryptocurrencyfreak.com/wp-content/uploads/2017/12/Pool-info.png

so i need only one wallet or for each pool a own wallet ?
like i say  i have vertcoin core, electrum-vtc and bitpay, also have a nicehash online wallet for coinbase or something

though it say "Next you will be prompted for Pool setup so enter your Bitcoin address or worker information." so that means bitpay ?
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