4

Today I started mining ether on the main network and I see new blocks being processed in the console but my balance is still zero ether. Why? This is the geth console output:

I0214 20:15:47.234020    1216 state_object.go:184] c2a2c4df47a4fef4a023139fb570d
42ebbcf3512: #0 1971300000000000 (+ 1971300000000000)
I0214 20:15:47.236020    1216 state_object.go:192] 7abc7e855f89634292f77433744f3
9cb7012d8bd: #10 23234021130000000000 (- 1050000000000000)
I0214 20:15:47.237020    1216 statedb.go:264] (+) 87cefcd85849581188da109821c928
b4c0932117
I0214 20:15:47.237020    1216 state_object.go:192] 7abc7e855f89634292f77433744f3
9cb7012d8bd: #11 6697569040000000000 (- 16536452090000000000)
I0214 20:15:47.237020    1216 state_object.go:184] 87cefcd85849581188da109821c92
8b4c0932117: #0 16536452090000000000 (+ 16536452090000000000)
I0214 20:15:47.237020    1216 state_transition.go:226] VM call err: <nil>
I0214 20:15:47.238020    1216 state_object.go:184] 7abc7e855f89634292f77433744f3
9cb7012d8bd: #11 6697569040000000000 (+ 0)
I0214 20:15:47.238020    1216 state_object.go:184] 7abc7e855f89634292f77433744f3
9cb7012d8bd: #11 6697569040000000000 (+ 0)
I0214 20:15:47.238020    1216 state_object.go:184] c2a2c4df47a4fef4a023139fb570d
42ebbcf3512: #0 3021300000000000 (+ 1050000000000000)
I0214 20:15:47.240020    1216 state_object.go:192] 2a65aca4d5fc5b5c859090a6c34d1
64135398226: #174744 2635781682982219387398 (- 4500000000000000)
I0214 20:15:48.688103    1216 state_object.go:192] 2a65aca4d5fc5b5c859090a6c34d1
64135398226: #174745 2634194142482219387398 (- 1587540500000000000)
I0214 20:15:48.689103    1216 state_object.go:184] cd424c53f5dc7d22cdff536309c24
ad87a97e6af: #205 1587540505153155872 (+ 1587540500000000000)
I0214 20:15:48.689103    1216 state_transition.go:226] VM call err: <nil>
I0214 20:15:48.689103    1216 state_object.go:184] 2a65aca4d5fc5b5c859090a6c34d1
64135398226: #174745 2634197592482219387398 (+ 3450000000000000)
I0214 20:15:48.690103    1216 state_object.go:184] 2a65aca4d5fc5b5c859090a6c34d1
64135398226: #174745 2634197592482219387398 (+ 0)
I0214 20:15:48.690103    1216 state_object.go:184] c2a2c4df47a4fef4a023139fb570d
42ebbcf3512: #0 4071300000000000 (+ 1050000000000000)
I0214 20:15:48.691103    1216 state_object.go:184] c2a2c4df47a4fef4a023139fb570d
42ebbcf3512: #0 5004071300000000000 (+ 5000000000000000000)
I0214 20:15:48.692103    1216 worker.go:570] commit new work on block 1003783 wi
th 3 txs & 0 uncles. Took 1.4680839s

My ether adress is 0xc2a2c4df47a4fef4a023139fb570d42ebbcf3512 and geth has added some to my adress, but the balance is still 0. Why?

4

From the data provided you are indeed mining, but at the current difficulty level you will need significant GPU power to solo-mine a new block. Join a mining pool.

  • @СаняПоздняков unless you're looking for other answers, don't forget to accept this answer if it is the answer :) – eth Feb 14 '16 at 23:41
4

It's always useful to use a mining calculator to know how long it would take you on average to mine a new block (and how much profit you'll get it you're after that)

You can check your hashrate on Geth using this command, the result is in H/s (Hash operations per second).

>eth.hashrate
712000

Here are a couple calculators

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.