I've got a miner running for the past day and I have a few questions:
1. How many Gb of data would get downloaded over a month period? I have a 250Gb limit.
2. I'm running Ethminer.exe getting about 20MH but I've heard of "stratum" miners? Would that achieve a better Hashrate?
3. I connect to Nanopools.org is there a better site?
4. How do I withdrawl or transfer out the ether I have built up?
Thanks for any guidance you can provide.
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Stratum proxies are good for pools that have them, it reduces latency for the getwork or something, you have to set up the .config in eth-proxy folder, by opening it with notpad and inputting the wallet, servers etc. most of the info should be on the pool. then you make a .bat file from notepad (just save it as a .bat under "all files") with the --farm check 200 stuff, open the proxy, then open the .bat and it will run ethminer as you want it.
Nanopool is good, I'm not sure if they support stratum, but currently there's a problem with large pools, effectively centralizing the system and gaining monopoly, for the most part they're all the same, with the exception of ethpool which, pays in blocks and it isn't trickle payments like the others.
typically there's a minimum payment threshold of 1 eth, once you reach it, at set points of the day the pool does its payout either 2-6 times daily, directly to the wallet address you provide. you also should download the wallet client, i think it's 5.2.0 at this point, and this will make sending, receiving and tracking transactions easier. just be sure to keep a hard/paper copy address book of your passwords.
from there, take it to Kraken, Poloniex, Quadrigacx, Gatecoin, etc. get verified, and send your eth from your wallet to the address in your onsite receiving account, play the market and profit.
2. Stratum Miner get about 10 to 20 percent more hashrates and a more stable connection - at least thats what dwarfpool and coinotron states.
3. The big three are 1) dwarfpool, 2) Nanopool and 3) Coinotron so you´re good, you shouldn´t use dwarfpool at the moment because of the 51 % attack risk. Coinotron also has stratum mining (don´t know about nanopool)
4. That depends on your pool - normally you just have to input your ether wallet address and it pays out automatically.
nanopool is a good option, it's big but not nearly as large as dwarfpool which is so large its somewhat of a risk to the system, and they payout smaller amounts which is always good, especially if you're not running a large rig.
here's where you can download the wallet if you haven't already
https://github.com/ethereum/mist/releases
so while mining, you should have one command window open running geth --rpc, another running the proxy and a third running ethminer through the .bat file if you're planning on using stratum which is supposed to increase earnings by 5-20% by reducing latency or something like that. if at some point you see in the proxy window SHARE REJECTED this could be due to a few things but from my experience, just close 'er down and start 'er up again. there may be a more streamlined way to mining, but that's how i do it, and it works out fine.
cheers and good luck
how is the Ether that we are mining get created, where does it come from?
Is there like a big entity that is sending ether every 12 seconds to the mining pools?
can someone clarify this for me please?
Thanks
Anyway, the hashocean domain was registered on 2013-03-21, so maybe that ker*** user is an early investor or something. Who knows. Or, maybe the info on their site is fake and it's all random numbers. I have no idea.