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Topic: Where do mined coins go? (Answered) (Read 619 times)

sr. member
Activity: 476
Merit: 250
July 17, 2013, 12:13:15 PM
#5
Mined coins go to buying more mining hardware. Feed the beast don't you understand this is the ultimate example of diminishing returns. That's where my coins go.
hero member
Activity: 533
Merit: 500
^Bitcoin Library of Congress.
July 17, 2013, 12:07:34 PM
#4
@ Meni: Thanks for the clear answer. Cheesy  Now I can answer this https://bitcointalk.org/index.php?topic=255927.0;topicseen question. Wink
donator
Activity: 2058
Merit: 1054
July 17, 2013, 12:04:44 PM
#3
It will be sent to a new address, a different one each time.

Where "new" does mean it's taken from the key pool.
hero member
Activity: 630
Merit: 501
Miner Setup And Reviews. WASP Rep.
July 17, 2013, 11:59:28 AM
#2
Here is the scenario, I'm solo mining with bitcoin qt and I manage to mine a block:
To which address do the coins go? 
Is it to one of my existing address or to the an address in a keypool? 
If I mine another block will it be sent to the same address?
It will get sent to your wallet address
hero member
Activity: 533
Merit: 500
^Bitcoin Library of Congress.
July 17, 2013, 11:44:45 AM
#1
Here is the scenario, I'm solo mining with bitcoin qt and I manage to mine a block:
To which address do the coins go?  
Is it to one of my existing addresses or to the an address in my keypool?  
If I mine another block will it be sent to the same address?
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