So, total crypto-amateur here. Just set up my extra desktop to mine,
http://monero.crypto-pool.fr/ is telling me I'm getting a hash rate of around 40-60 H/sec. I've been running it for a couple hours now and haven't seen any payout.
Am I wasting my time?
Posted from Bitcointa.lk - #G5Esn5qD1rInGIUCNothing is wasted. As soon as you start mining, the pool server record your address and keep track of how much you contribute.
You get paid when a block is found and confirmed multiple times.
The more people on the pool the more regularly you get paid.
Blocks need to not be orphaned and confirmed.
Check this page for informations :
http://monero.crypto-pool.fr/#pool_blockscan i use directly the wallet from the exchange when mining?
I don't think so. The exchange need to know who send the coins but if you send directly from the pool there is no way to know who send it.
Most of the time, exchanges use a common address for all incoming transaction and then credit your account.
You may ask the exchange staff directly.