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Author Topic: Mine to Bistamp Wallet  (Read 710 times)
dddbtc
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October 10, 2013, 05:09:29 PM
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This is a stupid noob question, I know haha.  But can I mine directly to my bitstamp deposit address?  I've got my bitstamp account being traded/managed using an algorithm and hate the hassle of manually moving money around.  I just figured I'd ask before trying it because I don't want my coins to get stopped up and "lost".


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briehost
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October 10, 2013, 06:35:03 PM
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It depends where you are mining. If you mine from a pool which allows you to cash out on demand or once you have reached a certain threshold, it is fine.

If you are using p2pool or a pool which sends payments directly from found blocks (or if you are solomining), then BitStamp might not recognize transactions sent to your address.

This is because generated bitcoins are tagged as generate when most exchange scripts are only equipped to accept transactions tagged as receive.

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October 10, 2013, 07:49:56 PM
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It depends where you are mining. If you mine from a pool which allows you to cash out on demand or once you have reached a certain threshold, it is fine.

If you are using p2pool or a pool which sends payments directly from found blocks (or if you are solomining), then BitStamp might not recognize transactions sent to your address.

This covers the technical aspect.

In addition, I'd add that you should ask Bitstamp directly, since deposits from a pool might violate their ToS. Bitstamp is an exchange, not a wallet. I know you're not allowed to withdraw BTC no somebody else's (e.g., a pool) address, but I'm not sure about deposits.
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