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questions about guiminer and bitcoins
Posted: Sun Nov 20, 2011 11:33 pm
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.
Re: questions about guiminer and bitcoins
Posted: Wed Dec 07, 2011 8:57 pm
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/