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Topic: Don't understand____Mining ~20 hours .17 bitcoin? - page 2. (Read 2138 times)

hero member
Activity: 588
Merit: 500
firstbits.com/1kznfw
You should have way more than that, more like .96 btc. Are you looking at total reward or confirmed reward? You will only have a confirmed reward if 100 blocks have confirmed it, which means over 20 hours, only 3.33 hours would be confirmed.

Looking at it, 3.33/20 * .96 = 0.16, so I'm almost sure you're only looking at confirmed.
sr. member
Activity: 445
Merit: 250
Have a look at the pools list on this forum. It, er, lists pools.
full member
Activity: 234
Merit: 105
The  Bitcoin mining profitability calculator  http://bitcoinx.com/profit/ is useful.
hero member
Activity: 504
Merit: 504
Decent Programmer to boot!
Well there's this guy who's handle is "slush" I believe this is his forum.  He also runs the oldest pooled bitcoin mining pool according to his website.  When I say mine "here" that's what i mean.  I guess its culture shock.  Apparently this forum is WAY popular with all sorts of miners unaware of slush's pool?  (The second drop down option in guiminer mind you.)

Anyways.

Point me somewhere if you will and I will give them a try.  I just switched everything over "here" (apparently I shouldn't say that though) so I plan on mining for at least several days to see the results.  This is mainly a hobby for me so loss of income isn't going to make me upset over such a short period, I just want to be close the mining calculators estimate of ~coin/day if I can be!

Slush has one of the oldest pools, and a lot of people use his pool. I even used Slush's pool for a while, but I didn't like the variance.

Using 'here' to reference Slush's pool isn't a good idea, simply because of the diversity. There are so many pools, and this isn't Slush's forum.

I don't normally condone deepbit, but you should try there. http://deepbit.net/
full member
Activity: 210
Merit: 100
Not for hire.
Well there's this guy who's handle is "slush" I believe this is his forum.  He also runs the oldest pooled bitcoin mining pool according to his website.  When I say mine "here" that's what i mean.  I guess its culture shock.  Apparently this forum is WAY popular with all sorts of miners unaware of slush's pool?  (The second drop down option in guiminer mind you.)

Anyways.

Point me somewhere if you will and I will give them a try.  I just switched everything over "here" (apparently I shouldn't say that though) so I plan on mining for at least several days to see the results.  This is mainly a hobby for me so loss of income isn't going to make me upset over such a short period, I just want to be close the mining calculators estimate of ~coin/day if I can be!
hero member
Activity: 504
Merit: 504
Decent Programmer to boot!
So I am new here but .17 unconfirmed bitcoins seems a bit low for my 3000 mhash or so.  I was making .5 coin per day @bitclockers and they eat 25% of profits.  Shouldn't I see better return?  Could somebody break down for me the dashboard menu items here, I'm just not getting how it works out unfortunately...

SHOW ME THE MONEY lol

Slush's payment method is probably why. Shares decrease in value very quickly. Switch to something PPS.
legendary
Activity: 2072
Merit: 1001
That's just weird coming from a hero member on here.  I had assumed people here, mine here....

Mine here? I am not sure what you mean. I use btcguild or deepbit.net myself for mining.
full member
Activity: 210
Merit: 100
Not for hire.
That's just weird coming from a hero member on here.  I had assumed people here, mine here....
legendary
Activity: 2072
Merit: 1001
Well really though the jury is still out.  But I was earning .5 coin per day at bitclockers which takes a huge bite, I really should see similar numbers if think at least.  Not poorer here.

Just pick a pps pool like btcguild.com if you want predictable results.
full member
Activity: 210
Merit: 100
Not for hire.
Well really though the jury is still out.  But I was earning .5 coin per day at bitclockers which takes a huge bite, I really should see similar numbers if think at least.  Not poorer here.
hero member
Activity: 490
Merit: 500
... it only gets better...
The harder you work the better the pay off.
hero member
Activity: 868
Merit: 500
Difficulty has dramatically increased over the last few weeks.
member
Activity: 66
Merit: 10
Maybe bad luck?
I am in eclipse MC and I get around 0.25/day for around 1GH/s
full member
Activity: 210
Merit: 100
Not for hire.
um....


slush's pool.

sr. member
Activity: 445
Merit: 250
Which pool?
full member
Activity: 210
Merit: 100
Not for hire.
So I am new here but .17 unconfirmed bitcoins seems a bit low for my 3000 mhash or so.  I was making .5 coin per day @bitclockers and they eat 25% of profits.  Shouldn't I see better return?  Could somebody break down for me the dashboard menu items here, I'm just not getting how it works out unfortunately...

SHOW ME THE MONEY lol
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