[P2Pool AU Node]Norgz Pool BTC 0% fee Matt's Relay

[norgan]

Hi guys, new to the whole bitcoin scene and stumbled upon this pool.

Currently mining using GUIMiner and mining at 32ish MHash/s. I have a couple of questions:

What are shares? Mine is currently showing 10 shares accepted

How and when do I get my bitcoins?

If anyone could give me an answer, that would be great. Sorry, total noooob here.

Hi smoothfreeze, First of all you are not going to get a valid p2pool share on the sharechain with 32mh/s. you need around 1th/s to get shares that count towards a block.
Essentially there are small "shares" that are sent to you by the node, they contribute to a full share on the sharechain but you need to get a share before the next block comes and that share needs to stay valid until the block comes or it can drop off the sharechain.

In a nutshell it's a block broken up into a bunch of tiny bits, when you mine direct to bitcoin you must solve a whole block to get paid but on a pool, any pool, you mine shares and then you get a certain number of shares in the block based on your hashing power. each miner in a pool mines together to increase the chances of getting a block.

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[1714546686]

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[1714546686]

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[smoothfreeze]

Hi guys, new to the whole bitcoin scene and stumbled upon this pool.

Currently mining using GUIMiner and mining at 32ish MHash/s. I have a couple of questions:

What are shares? Mine is currently showing 10 shares accepted

How and when do I get my bitcoins?

If anyone could give me an answer, that would be great. Sorry, total noooob here.

Hi smoothfreeze, First of all you are not going to get a valid p2pool share on the sharechain with 32mh/s. you need around 1th/s to get shares that count towards a block.
Essentially there are small "shares" that are sent to you by the node, they contribute to a full share on the sharechain but you need to get a share before the next block comes and that share needs to stay valid until the block comes or it can drop off the sharechain.

In a nutshell it's a block broken up into a bunch of tiny bits, when you mine direct to bitcoin you must solve a whole block to get paid but on a pool, any pool, you mine shares and then you get a certain number of shares in the block based on your hashing power. each miner in a pool mines together to increase the chances of getting a block.

Aah, okay. So I was looking around the forum and I'm considering on purchasing this https://bitcointalk.org/index.php?topic=555471, a USB powered miner. Is this good enough for mining?

[norgan]

Hi guys, new to the whole bitcoin scene and stumbled upon this pool.

Currently mining using GUIMiner and mining at 32ish MHash/s. I have a couple of questions:

What are shares? Mine is currently showing 10 shares accepted

How and when do I get my bitcoins?

If anyone could give me an answer, that would be great. Sorry, total noooob here.

Hi smoothfreeze, First of all you are not going to get a valid p2pool share on the sharechain with 32mh/s. you need around 1th/s to get shares that count towards a block.
Essentially there are small "shares" that are sent to you by the node, they contribute to a full share on the sharechain but you need to get a share before the next block comes and that share needs to stay valid until the block comes or it can drop off the sharechain.

In a nutshell it's a block broken up into a bunch of tiny bits, when you mine direct to bitcoin you must solve a whole block to get paid but on a pool, any pool, you mine shares and then you get a certain number of shares in the block based on your hashing power. each miner in a pool mines together to increase the chances of getting a block.

Aah, okay. So I was looking around the forum and I'm considering on purchasing this https://bitcointalk.org/index.php?topic=555471, a USB powered miner. Is this good enough for mining?

Are you wanting to make money or just do it for fun? For fun I'd recommend an Antminer S1 to Make money an S3 or S4 in Australia may just earn ahead of the power it uses. If you want to get serious then the current machine of choice seems to be the Spoondliestech SP20.

[lovenlifelarge]

Norgz,

When u mine with your miners are u mining with all 3 miners on the one address & if so do u find u get a lot of duplicate shares or rejects??

Maybe more that u would if u mined on a different address for each miner or would u have less chance of finding shares & get paid less if u mined under 3 addresses??

I always mine all three with the one address and don't have any issues. they all send and receive shares perfectly fine.

Cheers thanks!

[lovenlifelarge]

Hi guys, new to the whole bitcoin scene and stumbled upon this pool.

Currently mining using GUIMiner on my laptop and mining at 32ish MHash/s (this is slow, right?). I have a couple of questions:

What are shares? Mine is currently showing 10 shares accepted

How and when do I get my bitcoins?

How do I keep track of the transactions?

Will mining on my laptop fry it?

If anyone could give me an answer, that would be great. Sorry, total noooob here.

Good luck here.....

Ill take a quick shot in the dark here & my first question straight off the bat is??

Do u live in Australia???

[lovenlifelarge]

Cause if u dont then move along nothing to see here! (Sorry don't mean to be rude)

Do u know what ur mining? What coin & if its BTC then ur lifting way above your weight.

32mh's? Dude i'm running 2.5th. times urs by 100,00,000.0000

& im just making money....

Do u have a BTC wallet & receiving address??

What are u using to mine?? & how do u know what or if its mining?? ATI graphics have the best mining ability but we have since moved on from miming on CPU to GPU to ASIC, (Wikipedia = Bitcoin mining asic & have a small read)

Who are u currently mining?

What coin are u mining?

& what country do u live???

Gui miner, jeeeezzzzz... I haven't used guiminer since i learnt how to mnie using a proxy or a cmd client, All my current asic miners have a mining client built in & don't need a pc to operate. Completely independent for themselves...

[lovenlifelarge]

Fuck me.... After nearly 2 days P2pool just got a block...

19 - Dec - 2014 @ 11:19pm

[norgan]

Fuck me.... After nearly 2 days P2pool just got a block...

19 - Dec - 2014 @ 11:19pm

It's up and down but in the end it should work out. I have the majority of my hashing on here now and it won't be going anywhere any time soon.