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Author Topic: 20 blocks accepted... where's my bitcoins?  (Read 5459 times)
pyrohydrosmok
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April 09, 2011, 10:50:15 PM
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miner shows accepted... but uhhh.... I've not received any bit coins... am I missing something?
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Miner-TE
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April 09, 2011, 10:52:49 PM
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You might be confusing shares with blocks.   Where are you mining?  Pool or solo?

BTC - 1PeMMYGn7xbZjUYeaWe9ct1VV6szLS1vkD - LTC - LbtcJRJJQQBjZuHr6Wm7vtB9RnnWtRNYpq
pyrohydrosmok
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April 09, 2011, 10:54:28 PM
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solo.
Miner-TE
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April 09, 2011, 11:00:12 PM
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The miner software computes hashes at a lower difficulty than required for a block.  This is probably what your seeing.  If you were pool mining, these would be shares.  These lower difficulty shares could be a solution to the higher difficulty required for a block.

If you do solve a block,  You will see 50 BTC in your local Bitcoin client.

BTC - 1PeMMYGn7xbZjUYeaWe9ct1VV6szLS1vkD - LTC - LbtcJRJJQQBjZuHr6Wm7vtB9RnnWtRNYpq
pyrohydrosmok
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April 09, 2011, 11:00:57 PM
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ffffffffffffffffffffffffffffffffuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuu
Miner-TE
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April 09, 2011, 11:03:01 PM
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ffffffffffffffffffffffffffffffffuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuu

Nice.

BTC - 1PeMMYGn7xbZjUYeaWe9ct1VV6szLS1vkD - LTC - LbtcJRJJQQBjZuHr6Wm7vtB9RnnWtRNYpq
Reto
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April 09, 2011, 11:07:30 PM
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ffffffffffffffffffffffffffffffffuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuu

Nice.

xD

Yeah, shares are different from blocks. A share is a certain amount of work you send to a pool, which gives you a proportional reward in return. But when you're solo mining, you only get a reward if you actually find a block, and the probability of doing so is extremely low.
pyrohydrosmok
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April 09, 2011, 11:07:37 PM
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With how long it takes to mine, the cost of electricity... Bitcoins should far exceed real currency in value. I can easily work a minimum wage job for less hours and make 50$.. But to make 50 bitcoins?! Jesus Christ...
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April 09, 2011, 11:16:04 PM
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With how long it takes to mine, the cost of electricity... Bitcoins should far exceed real currency in value. I can easily work a minimum wage job for less hours and make 50$.. But to make 50 bitcoins?! Jesus Christ...
That's because you'll need a modern GPU for fast mining. Using CPU is pointless with current difficulty.

Welcome to my bitcoin mining pool: https://deepbit.net - Both payment schemes (including PPS), instant payout, no invalid blocks !
ICBIT Trading platform : USD/BTC futures trading, Bitcoin difficulty futures (NEW!). Third year in bitcoin business.
Jim Hyslop
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April 10, 2011, 12:01:04 AM
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The miner software computes hashes at a lower difficulty than required for a block.  This is probably what your seeing.  If you were pool mining, these would be shares.
No, solo mining does not have that concept at all. There's one difficulty and one difficulty only - the one that matters to make it into the block chain.

pyrohydrosmok, mined blocks do not show up in your wallet until they are buried under 100 other blocks. That's to prevent them being spent in case the block chain splits, and your block ends up NOT being the one chosen by the network for the chain. Give it another 13 hours or so, and then it should appear in your wallet.

Like my answer? Did I help? Tips gratefully accepted here: 1H6wM8Xj8GNrhqWBrnDugd8Vf3nAfZgMnq
Jim Hyslop
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April 10, 2011, 12:02:39 AM
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Oh, and congratulations on your 50BTC.

Like my answer? Did I help? Tips gratefully accepted here: 1H6wM8Xj8GNrhqWBrnDugd8Vf3nAfZgMnq
tomcollins
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April 10, 2011, 10:16:33 PM
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With how long it takes to mine, the cost of electricity... Bitcoins should far exceed real currency in value. I can easily work a minimum wage job for less hours and make 50$.. But to make 50 bitcoins?! Jesus Christ...

I didn't know you were actually calculating the hashes manually.  Most people just hook up a computer and let it run.
pyrohydrosmok
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April 10, 2011, 10:26:42 PM
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With how long it takes to mine, the cost of electricity... Bitcoins should far exceed real currency in value. I can easily work a minimum wage job for less hours and make 50$.. But to make 50 bitcoins?! Jesus Christ...

I didn't know you were actually calculating the hashes manually.  Most people just hook up a computer and let it run.

har har har. Well played sir.
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