Re: Terracoin a FPGA coin?

I just got home from seeing the new Bond flick. It was OK. I saw in the saw in the system tray location near my clock that I mined a 20TRC block. I'd like to donate to you and subStrata for helping me out, but I can't find the transaction. When I opened up my Terracoin client it said that I have one transaction, but I don't have an unconfirmed balance, or a confirmed balance. Since I've never mined a coin before, do I have to wait until it is mature to see it in my wallet?

Yes, you have to wait 120 conformations - that means 120 blocks to be solved after one you solved - for 20 TRC you've mined to
become available for spending. It's a security measure, and it's neccessary, since mining is the only way new coins are generated
and enter the Bitcoin system. For new coins to become accepted by system, they must be legit beyond reasonable doubt, which
is what 120 conformations insure.

Thanks subStrata,

That makes sense. I thought that is what was happening.

I know how to tip a bartender and a cabbie, but how do I know what a TRC is worth to 'tip' or donate to you and FuzzyBear for your help.

Any thoughts what is commonly done?

Thanks,
miner2049

Hi subStrata and FuzzyBear,

I just got my second block mined and so far even the first one mined the other day hasn't shown up on my TRC wallet.

I took a screen shot of the incoming transaction of the mining block and it had an address that wasn't in my wallet as of yet.

Why does the block come in with an address that isn't in my wallet?

Do I have to do anything to let the transaction appear in my wallet?

My wallet says two transactions, but so far no actual TRC value has been transferred. I realize that I need to wait beyond 120 confirmations. Will it take a week or more?

Thanks,
miner2049

http://s5.postimage.org/pckb77zg7/2012_11_11_Mined_TRC_2nd_block.png

http://s5.postimage.org/u9xvsc1fb/2012_11_11_TRC_Wallet_2_transactions.png