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Author Topic: newbie here trying to learn  (Read 2041 times)
tonking (OP)
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May 17, 2011, 02:30:40 AM
 #1

how do you guys send BTC to some1 like transaction?
i have guiminer mining at deepbit, and i have like 10 btc but the the thing is how do you send your bitcoin to some1? im confused
can you guys help me out?
ill give you 1 bitcoin Smiley
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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Ian Maxwell
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May 17, 2011, 03:05:59 AM
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Do you have the client software yet? And if so, have you given Deepbit an address and withdrawn your 10 bitcoins to that address? I'm trying to figure out what point to start at, here.

EDIT: Just logged on to Deepbit to make sure I'm using their terminology. Have you filled in the field "Your bitcoin address for receiving rewards"?

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May 17, 2011, 03:12:56 AM
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If you don't have any Bitcoin addresses, there are a few ways to get one:

* You can download the official client software at http://bitcoin.org/
* You can go to http://mybitcoin.com and create an account
* You can go to http://instawallet.org and just use the address they give you (be sure to bookmark the page!)

Any of the above will give you a bitcoin address to receive funds. It will be a long string of alphanumeric characters, something like "1BaLgPERNW98ckXJpKeeNVw7U8CU8YYTK1"

Once you have a Bitcoin address, copy it to the field on Deepbit. From then on, whenever you have been awarded enough bitcoins, they will be sent to that address. (You decide what "enough" is via the "Minimum value for automatic payment" field.)

The client software and the two sites I listed above all have easy-to-use interfaces for sending bitcoins. There will be a receiving address field and an amount field. Try sending 1 BTC to the address I gave you above.

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tonking (OP)
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May 17, 2011, 03:33:11 AM
Last edit: May 17, 2011, 03:58:29 AM by tonking
 #4

like this-> i got mybitcoin account then copy the address then put the address to deepbit.net then instant payout? <-- i just did that then i went to login into my  mybitcoin and shows 0 btc still  Cry
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May 17, 2011, 03:58:43 AM
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That sounds about right. It'll take ten minutes or so for MyBitcoin to receive the coins.

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May 17, 2011, 04:59:02 AM
 #6

is that your bitcoint address?
thx i figure it out
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May 17, 2011, 05:01:18 AM
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Thanks for the bitcoin!

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tonking (OP)
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May 17, 2011, 06:07:36 AM
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no problem Smiley
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