I am very new to this world so this is a very newby question but as much as I have searched there don't seem to be any newbie getting started guide that spells this stuff out.
I am trying to setup my machine as a miner.
I have downloaded Geth and have used it to create an address
.
I have kept a copy of the address file somewhere safe so that I can't lose it (and the password for my address).
Apparently I need to mine to a pool
- is this necessary? Can't I just mine to my address
?
To get money from the pool
apparently I need a wallet
. Why can't I just transfer money from the pool
to my address
?
I get another json file and a must-never-lose password for the wallet
as well.
Can someone explain when I need my address file and password and when I would need my wallet address and password?
If I want to give my address to someone to receive funds do I give them my address
or my wallet
address?
Thanks