I just tried to mine at flypool & directed my mining payout to poloniex account.. I'm new to mining cryptocurrency..there are many things that i don't understand..maybe this is stupid question.. 
just want to ask: what does it mean by "PENDING 7 of 16" in status confirmation in deposit history in poloniex?? appreciate any help..
https://s22.postimg.org/fjr0thbxt/poloniex_payout.png
just want to ask: what does it mean by "PENDING 7 of 16" in status confirmation in deposit history in poloniex?? appreciate any help.. https://s22.postimg.org/fjr0thbxt/poloniex_payout.png
It means that you'll be paid as soon as 16 other nodes within the network confirm the transaction to be legit. wait until you have 16 confirmations and your coin will be deposited to you wallet.
BTW, there are no stupid question but there are stupid answers. we're all here to help eachother.