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Author Topic: Two issues with betcoins.co  (Read 684 times)
mr_change (OP)
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September 05, 2011, 03:26:40 AM
 #1

So hello everyone. Started mining/acquiring BTC and have some questions.

I ran into betcoins.co early on, and got a worker started on it. After a few days, I decided I wanted to switch to a different pool, so started a miner elsewhere, and tried to cash out what I had earned so far on betcoins.

Nope. No dice. My "estimated rewards" keeps dropping with time, and my account balance remains a very firm 0BTC, so I can't get anything back.

How do I move my supposed (estimated?) rewards into my account and cash out? It's hardly worthwhile now that it's dropped half of its value, but it annoys me.

Secondly, I signed up for a bunch of offers on their "freebitcoins.betcoin.co" site. I've gone back and forth with SuperRewards (the company behind the payout), and now have everything owing me waiting, but there is no was I can see to get this stuff paid out either.

Can I get my money out of betcoins, or what?

marty.lee
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September 05, 2011, 03:55:35 AM
 #2

See a pool uses pooled resources to mine a block, and your estimated rewards are non existent until they find a block. So you can't cash out until they find a block and then your bitcoins are in your balance. I would stop mining there, and they will eventually find a block and then you can cash out. Use http://btcguild.com or https://deepbit.net as your pool. they find a block every hour or so, and at btcguild if you donate 2.5% you get your rewards the second they find a block (or at least when they announce it which is an hour later than they actually find a block to discourage pool hopping).

Kind Regards,
Marty
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