Quote from: SgtMunky on July 19, 2011, 10:15:30 PM

Well its been about 14 hours mining and on my pool site it say's 0.001966 BTC confirmed reward

So I assume once it hit's 1 BTC, I get a BTc in my wallet and I earn about £6 xD

Please tell me I'm wrong

Right, once you got 1 BTC in your wallet confirmed go to an exchange create and account, send them your 1 BTC and once confirmed then you can sell it at whatever price you deem fit. Then you can withdraw from the exchange however you want it.

All the exchanges take different percentages per transaction and deposits / withdraws are different as well per exchange.