questions about guiminer and bitcoins

Post Reply
mymrmeow
Posts: 2
Joined: Sun Nov 20, 2011 11:26 pm
os: windows

questions about guiminer and bitcoins

Post by mymrmeow »

hi i recently set up guiminer in solo mode. on the bottom it says difficulty 1 and 11 hashes. now my questions are what does it mean by 11 hashes? how long will it take me to get bitcoins? and how will i know if i have them and how are they transferred to my bitcoin wallet? sorry im a noob any help would be GREATLY appreciated.

nodemaster
Posts: 172
Joined: Wed Jun 15, 2011 12:46 pm
os: linux

Re: questions about guiminer and bitcoins

Post by nodemaster »

Are you sure you see N "hashes" not khashes or even MHashes? This seem to be very slow. If you are mining Bitcoin you can calculate your estimated time to generate a bitcoin block here: http://www.alloscomp.com/bitcoin/calculator.php

However in most cases it's better to mine on a pool: https://en.bitcoin.it/wiki/Pooled_mining

Furthermore you are on the namecoin forum. While namecoin is nearly the same like bitcoin it's not exactly the same. Perhaps you might want to have a look at the bicoin forum: https://bitcointalk.org/
Access .bit domains with Firefox in 4 easy steps: https://masterpool.eu/proxy
MasterPool Namecoin Mining Pool

Post Reply