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I read that the first thing I have to do is download the "bitcoin-qt.exe" ... or "Bitcoin Core". I have downloaded the "Bitcoin Core", it is fully updated (took two days), and calls itself a "wallet". I have a wallet already, it is through CoinBase. I am running it as a "server" ... but it still calls itself a "wallet". What is its purpose specifically when related to solo mining? Why am I keeping this running?
As I run GUIminer or BFGminer with solo settings, and am able to do thing "mining thing" ... but if I actually find a block, how does the "reward" get awarded to my CoinBase wallet? I have a wallet address, but do not know how to link the two. Currently, I suspect that if I find a block, and get awarded the prize, it will go in to the "Bitcoin Core" wallet program I have running, and I will be permitted to transfer that out to my CoinBase wallet address. Is this the case?
I am sure these questions might seem silly to some who have worked this stuff for years, but, please, release this tension headache I have and answer a couple simple questions for a guy?
Thank you in advance.
Llizardman
Your wallet at coinbase (the company) is not needed with solo mining and has nothing to do with it. Only Bitcoin Core can do the generation transaction, that's why you need to have it running all the time.
https://en.bitcoin.it/wiki/Transaction#Generation Once the generated coins are mature you can send them where ever you wish (including your coinbase wallet).