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Author Topic: Bit coin not showing up in wallet  (Read 694 times)
jakobion
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June 27, 2014, 08:20:43 AM
 #1

First of all, I am a n00b when it comes to Bitcoin mining (literally started a day ago).
I make 560-580 Mhash/s and have accepted 240 shares but no BTC has been tansfered into my wallet. (i told it to send me BTC one it goes over .01)
I saw a guy in youtube with BTC coming in at 110 shares at .01 also so im starting to think something is wrong. I might just be impatient but i want to know when i can expect my first BTC.

Any help would be appreciated, Thanks! Grin Grin
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Chrithu
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June 27, 2014, 08:24:49 AM
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At only 560 MHash/s it will take you approximatly 4 years to get up to 0.01. Maybe even more because of the increasing mining difficulty.

To keep track of the BTC you earned so far you need to watch the website of the mining pool you are using. Any of the big pools updates your balance as you earn BTC from mining.

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June 27, 2014, 08:27:11 AM
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 Sad well i guess its back to Skyrim and weed for this "Miner"
Chrithu
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June 27, 2014, 08:40:59 AM
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Sad well i guess its back to Skyrim and weed for this "Miner"

Hehe, so I take it you were trying to mine with your GPU?

Well in case of Bitcoin going back to gaming is a good choice, but you could inform yourself about the alternate SCRYPT or X11 coins. Those yield better profits when mined with GPU as far as I've heard. Some people claim to make quite a lot by mining new coins right when they start and selling them for BTC when their price has risen some time later.

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June 27, 2014, 07:59:38 PM
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If you want to mine at the difficulty that is going on right now you will have to invest in ASICs and you will be able to payoff your miner in 4 months or so, forget the GPU or even CPU, that's history, and ASICs killed GPUs like 1 year ago.

Bitcoin is DEAD
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