Search content
Sort by

Showing 6 of 6 results by mattc
Post
Topic
Board Beginners & Help
Re: Blocks and bitcoins?
by
mattc
on 13/06/2011, 14:57:36 UTC
Thank you, I understand that now, what is the khash/s thing about? what is hashing? I've read that its done better by GPU's than CPU's
Post
Topic
Board Beginners & Help
Re: mining question
by
mattc
on 12/06/2011, 16:07:39 UTC
Thank you,

know anything about whats its doing when its downloading blocks? and how much hash you need to get the bitcoins?
Post
Topic
Board Beginners & Help
Re: mining question
by
mattc
on 12/06/2011, 15:51:48 UTC
There is also an option on the bitcoin.exe to 'Generate coins'?

If i have a miner program running, should i have this on?
Post
Topic
Board Beginners & Help
mining question
by
mattc
on 12/06/2011, 14:01:36 UTC
I have followed this site to get me started, http://www.newslobster.com/random/how-to-get-started-using-your-gpu-to-mine-for-bitcoins-on-windows

However im still confused about most things but for now - the miner, using python OpenCL bitcoin miner, as suggested in the link. and it goes between saying its downloading blocks and then sometimes has a number with hash/s.

What is it doing when "Bitcoin is downloading blocks..." and when there is the hash/s.
How much of the hash thing do you need to get the bitcoins?

If anything im saying dosnt make sence, please say...so i can explain better.

Thank you,
Matt
Post
Topic
Board Beginners & Help
Re: Blocks and bitcoins?
by
mattc
on 12/06/2011, 12:28:18 UTC
Huh? You mean you're downloading blocks with the Bitcoin.exe program? Well that's just the blockchain you're downloading. When that's done, you can start mining with a GPU or a CPU (As the program itself does). After you have completed a whole block with mining, you get rewarded 50BTC. That can take a very, very very long time to complete, so most people join Bitcoin pools.

Bitcoin pools are sites setup for a large number of miners. All the miners work on the same block ,and gets their share of 50BTC for each block (According to how much they have contributed to the block)

I have been following a tutorial to get my GPU to mine for coins from:
http://www.newslobster.com/random/how-to-get-started-using-your-gpu-to-mine-for-bitcoins-on-windows

it was previously saying "downloading blocks" now i've got some numbers with khash/s

however it's now back to "downloading blocks"?

im currently using the miner from the site above, what they suggested.

What do the messages mean?
It's just flickered for a bit with the khash/s value and back to downloading blocks, why is it doing that and how to i get BTC?
Post
Topic
Board Beginners & Help
Blocks and bitcoins?
by
mattc
on 12/06/2011, 11:32:31 UTC
just a few newbish questions which I cant seem to understand on the internet.

So i've started getting a few blocks and yeah its great but.. what do i use the blocks for and how do I get the bitcoins?

Thank you.
Matt