Author

Topic: Solo mining with QT-Client (Read 815 times)

sr. member
Activity: 302
Merit: 252
February 27, 2013, 06:41:10 AM
#7
I have a question about solo mining on QT-Client, every time a block is found it ads up in the wallet with a new address.
So do I have to backup the wallet more regulary than with normal transaction ?
It's not a totally NEW address,
it's an unused address taken from your keypool.

The client creates about a hundred addresses right from the start and keeps those in the keypool until they are needed/used,
so you don't really have to backup the wallet with each block you found, but more like with every hundred blocks found.

You can set your keypool-size by adding -keypool= in your bitcoin.conf (or terracoin.conf), where is the number of addresses you want (default 100).

Yeah, know of that mecanism. I just thought mined coins would be generated under the first receive-address

Solo mining isn't profitable, go pooled.

Can you explain this? Why should I go to a pool now if I am finding blocks fast enough ?
legendary
Activity: 3657
Merit: 1448
February 27, 2013, 06:02:28 AM
#6
I have a question about solo mining on QT-Client, every time a block is found it ads up in the wallet with a new address.
So do I have to backup the wallet more regulary than with normal transaction ?
It's not a totally NEW address,
it's an unused address taken from your keypool.

The client creates about a hundred addresses right from the start and keeps those in the keypool until they are needed/used,
so you don't really have to backup the wallet with each block you found, but more like with every hundred blocks found.

You can set your keypool-size by adding -keypool= in your bitcoin.conf (or terracoin.conf), where is the number of addresses you want (default 100).
full member
Activity: 126
Merit: 100
February 27, 2013, 05:17:15 AM
#5
Not really, you just need to keep that one address safe.

Are you sure? If I look in blockexplorer for my normal receive address, these mined coins dont show up.

How many GH/s are you pulling though. You probably ought to join a pool.

 Cheesy its only a terracoin wallet ..

:I Don't use a wallet that's connected to the terracoin network already

make a new one,

Solo mining isn't profitable, go pooled.
hero member
Activity: 700
Merit: 500
February 27, 2013, 04:03:18 AM
#4
Cheesy its only a terracoin wallet ..

Explains so much.
sr. member
Activity: 302
Merit: 252
February 27, 2013, 03:46:23 AM
#3
Not really, you just need to keep that one address safe.

Are you sure? If I look in blockexplorer for my normal receive address, these mined coins dont show up.

How many GH/s are you pulling though. You probably ought to join a pool.

 Cheesy its only a terracoin wallet ..
hero member
Activity: 700
Merit: 500
February 27, 2013, 03:39:25 AM
#2
I have a question about solo mining on QT-Client, every time a block is found it ads up in the wallet with a new address.
So do I have to backup the wallet more regulary than with normal transaction ?

Not really, you just need to keep that one address safe.

How many GH/s are you pulling though. You probably ought to join a pool.
sr. member
Activity: 302
Merit: 252
February 27, 2013, 03:22:44 AM
#1
I have a question about solo mining on QT-Client, every time a block is found it ads up in the wallet with a new address.
So do I have to backup the wallet more regulary than with normal transaction ?
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