Hey,
I'm new to Bitcoin mining and recently joined ck pool.
I have an Avalon USB Miner. I know it's junk, but it was hanging around and could be an opportunity to learn more about mining, so I put it to work.
I left the miner running from monday to friday last week. I believe it's running correctly, as I see outputs like new blocks being detected (or solved) and jobs being accepted.
I have 2 questions:
1- I haven't earned a single satoshi since then. Is that because I have an irrelevant mining power or because payout time has not come yet? I read the payout page but couldn't understand.
2- Miner is sold as 3,6Gh/s but this is what I see in cgminer:
0: ICA NXP-770x: | 1.750G / 562.0Mh/s WU: 5.4/m
If I understand correctly, its average hash rate is 562Mh/s. I know 3,6G is "under ideal (and never met) conditions", but I'm actually getting 1/7 of the hash power. How can I improve that?
This is my address:
https://www.kano.is/address.php?a=18H3NGY8mtgHmqwvN9UQhPWy99CcadZBwXThanks!
Edit: typo.
666MH/s is currently expected to earn about 60 satoshi a day.
Since we average about 3 blocks a day, that means about 20 satoshi per reward at best.
Since you are mining with such a small hash rate, don't count on getting shares regularly, and your variance will be astronomical.
Rewards under 10,000 satoshi are not sent, but accumulated.
One day in the far distant future you may get your satoshis.
From the 30-Sep to the 9-Oct your total rewards are currently 220 satoshi.
Your 29 block rewards have been anywhere from 1 satoshi to 15 satoshi.
A bit of financial advice
Spend $10 and buy some bitcoin.
Thus if one day your (current) 220 satoshi is worth something, that $10 you spent will be worth a fortune and you can remember that was my suggestion and be happy about it - no you won't need to send me anything - just be happy
If instead that (current) 220 satoshi is never worth anything, oh well you only lost $10 at my suggestion, anything else you lost trying to mine with something that you REALLY shouldn't bother mining with, was your choice