New to this. Why am I not making any bitcoins what so ever?

BeepBeep2

full member

Activity: 184

Merit: 100

Quote from: Aesthetic on March 17, 2014, 06:42:28 PM

I have been mining for a day now and have received even half of a penny. Absolutely no money has been made.

I did about .000003% of work total thus far; though I find that it's still a balance of some amount of currency. Why is my balance still at 0?
Bitminter

Don't you think that .000003% of work total is not very much?
Pools do not pay out unless you meet a certain balance. Usually you can set this balance in your account settings, but only within the pool's specified limits.
ex. (BTC0.01 - BTC10)

I really doubt you've made BTC.01 yet...
Also, in the pool, balances could probably be rounded.

If the pool makes BTC1 over a period of time, and you do .000003% of the work, you'd have BTC.000003. In USD, that's $0.0018.

So for every $650 the pool is making, you will make about 2/10ths of a penny at that rate.

vmfx

newbie

Activity: 30

Merit: 0

Yes you need serious juice to make cash these days

getting in at < 2GH makes no sense and even that will take forever to make a payout.

Bitminter payouts also start at 0.02 BTC so until you hit that amount you wont be able to pull cash out...

nachius

hero member

Activity: 546

Merit: 500

Because there is a search function and it shows more initiative if a new user does at least SOME research. It is a great community for those that stick around to learn, but hand holding can only get you so far. I can't be sure if your attitude was a smart ass or it just came across like that, but there are a lot of members that TRY to help when provided enough information!

What are you mining with first off?
What do your stats on bitminter show?
What is your payout set at?
Does your stats show that you have passed that payout threshold?

My quick guess with the limited information provided is you have not mined anywhere near enough for a payout.

Aesthetic

newbie

Activity: 7

Merit: 0

Keywords New to this You got the time to respond? Why not respond with an answer? Cheesy

KWH

legendary

Activity: 1904

Merit: 1045

In Collateral I Trust.

Quote from: Aesthetic on March 17, 2014, 06:42:28 PM

I have been mining for a day now and have received even half of a penny. Absolutely no money has been made.

I did about .000003% of work total thus far; though I find that it's still a balance of some amount of currency. Why is my balance still at 0?
Bitminter

You have not done your homework let alone any reading in these very forums, have you..........?

Aesthetic

newbie

Activity: 7

Merit: 0

I have been mining for a day now and have received even half of a penny. Absolutely no money has been made.

I did about .000003% of work total thus far; though I find that it's still a balance of some amount of currency. Why is my balance still at 0?
Bitminter

Topic: New to this. Why am I not making any bitcoins what so ever? (Read 2466 times)