Bitcoin Forum
July 23, 2018, 12:33:31 AM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Solo Mining w- CUDAMiner - How Do You Receive Payment? Through Open Wallet?  (Read 870 times)
gandar
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
January 28, 2014, 06:59:32 PM
 #1

Hello all. Brand new poster to the forum but long time reader.

I used the search function but wasn't able to ind an answer to this question.

I am using CUDAMiner to mine for a lesser coin.

Will Cudaminer tell you when a block has been found and will a payment of coins be automatically transferred into my open wallet?

If so, in technical terms, how does that work (how does cudaminer communicate with the open wallet and the alt coin company know when to make a payment?)

Thank you for your wisdom and sorry if this is a dumb question or covered topic.

Gandar
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1532306011
Hero Member
*
Offline Offline

Posts: 1532306011

View Profile Personal Message (Offline)

Ignore
1532306011
Reply with quote  #2

1532306011
Report to moderator
1532306011
Hero Member
*
Offline Offline

Posts: 1532306011

View Profile Personal Message (Offline)

Ignore
1532306011
Reply with quote  #2

1532306011
Report to moderator
btcmania
Member
**
Offline Offline

Activity: 70
Merit: 10


View Profile WWW
January 29, 2014, 04:27:46 AM
 #2

I'm not as much into the technical aspects of things but I get this much:

The wallet is constantly updating itself with the blockchain (as it's running). When your miner finds a block,  it becomes a transaction on the network and a transaction is created to credit the block reward to you (You login via the wallet and IP 127.0.01). The amount will appear in the wallet as "Mined".

I've mined Franko coins before, the wallet open and the miner open. You can't mine without the wallet being open, it's the gateway to the network. A message will appear in the miner indicating Block Found and the wallet will show a credit.

Hi.
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!