Bitcoin Forum
September 23, 2017, 10:10:39 PM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Two issues with betcoins.co  (Read 585 times)
mr_change
Newbie
*
Offline Offline

Activity: 13


View Profile
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?

1506204639
Hero Member
*
Offline Offline

Posts: 1506204639

View Profile Personal Message (Offline)

Ignore
1506204639
Reply with quote  #2

1506204639
Report to moderator
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
marty.lee
Jr. Member
*
Offline Offline

Activity: 37


View Profile
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

Please, if you can spare a coin, donate to 18WcoktS5q35iBsQw9u48XCWfzdjzfHR9u

Donate to bitcoins for Haitian Wells
https://bitcointalk.org/index.php?topic=58776.0
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!