I've been mining for over a 4 days now on eligius and I still havent seen a drop of bitcoins.... what gives? I realize I'm mining with a really bad GPU (GTX 258) and getting only 60 mhash/s but shouldn't I atleast be getting SOME bitcoins? like some change? I have a high number of stales too 196 at the moment, but I have 4,383 accepted. Am I misunderstanding how bitcoin mining works? Should I even try to mine with 60 Mhash/s?
You get paid out when you hit 1.0 BTC _AND_ a block is found to pay people out from. We're still finding blocks regularly, so its not too long to get paid out.
As for worth mining with 60Mhash - check the mining calculators for your cost of power (dont forget to x 1.6-1.9 if you have to run AC too) and if you leave your computer on anyway (take away that base power level from your increase for bitcoin to find the extra power and its cost) -
the only thing that determines value of mining isnt the difficulty, it's your ratio of MH/s to the whole market indexed against the value of a BTC in USD or other.
It floats up and down between worth it and not for any particular rig.