i started mining for the first time last night with one ( 1 ) brand new Red Fury ASIC miner. My stats are below
21565 2014-01-28 21:06:17 1:48:07 1200548243 3508 0.00006587 282938 25.07838015 92 confirmations left
21564 2014-01-28 19:18:10 2:17:11 1512393230 4372 0.00007581 282926 25.04074024 80 confirmations left
21563 2014-01-28 17:00:59 3:11:49 2090630981 6268 0.00007895 282910 25.07597047 64 confirmations left
21562 2014-01-28 13:49:10 2:46:38 1817477875 5396 0.00007183 282889 25.15764867 43 confirmations left
21561 2014-01-28 11:02:32 6:09:03 4000006104 4609 0.00006953 282871 25.06791603 25 confirmations left
to me this looks like a 7 cent ( AUD ) reward per pooled block. Is this correct?
Or does the reward increase when each is confirmed?
for each block that gets solved you are earning approximately 0.00007000 btc. it may rise or fall dependant on:
if your on that pool constantly,
how many other miners are fighting for a share
and a few other circumstances.
the reward does not increase dependant on the age of the coin ( amount of confirms ) but hopefully one day when 1BTC is worth $10k your 0.0007 will be worth 70c (basic math multiplication)
one other thing, you seem to be on a pool that only solves a block 5 times in 10 hours. there are pools solving blocks around 20-30 times in those ten hours, which means you would/should/could earn more satoshi dust in the same time period. so play around trying other pools each 12 hour period and do the math on the pool that gives you most satoshi dust, as it seems your missing out on some opportunity here
