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How long does it take to mine my first Bitcoins?
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04-25-2014, 04:19 PM
Post: #1
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How long does it take to mine my first Bitcoins?
I've signed up for a Bitcoin account, signed up for a wallet, found a mine and started mining with an app I purchased with my LG Optimus G. Every few seconds it tells me I've, I guess, mined 640 khashes (as in kilobytes, but kilohashes?). The app says it may take a while for the work to be registered by the operator.
So, how long does it take to produce bitcoins in this manner? Is there a rule of thumb for how long it takes different hardware to produduce bitcoins? Am I even thinking of producing bitcoins in the right way? Reading about the method of bitcoins makes me feel like an idiot... Ads |
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How long does it take to mine my first Bitcoins? - 640 - 04-25-2014 04:19 PM
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