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Topic: Noob question - mining and generationg partial bitcoins - page 2. (Read 4587 times)

newbie
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Hi guys, I have a noob question.  Hypothetical assuming a 60Gh/s miner...

According to my calculations, running a 60Gh/s miner will take about 20 to 21 days to generate one bitcoin at current difficulty.  I know that a bitcoin can be split up into smaller denominations, but if I stop mining before I generate a full bitcoin do I have anything of value?  I mean if I run a 60Gh/s miner for 10 days will I have half a bitcoin?  If so can I trade it on an exchange or do exchanges need full coins?

If mining a partial coin is possible, what is the smallest fraction of a bitcoin that can be mined?

David
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