Waiting for your first payout? The full path, step by step
Your first payout is the moment mining stops being theoretical. Here's the full path, including the places people usually get stuck.
Step 1: a wallet that matches the coin
Each coin needs its own address format — an AURE address won't receive PLM. Get the official wallet from the coin's GitHub or site (see our checklist for judging forks before installing anything). For SHA-256 community coins the address usually looks like a Bitcoin address (1… or a bech32 string). Exchange addresses work too, but for small coins a local wallet gives you the keys — exchanges delist small coins more often than you'd like.
Step 2: the address is your username
On this pool there's no registration: your stratum username is your wallet address, optionally with a worker name:
stratum+tcp://oxc.minecraftpool.com:7802
username: your_wallet_address.worker1
Everything mined with that username accrues to that address. Change the address and you simply start a new balance — old earnings stay with the old address until they cross the threshold.
Step 3: thresholds and maturity
Two clocks run after a block is found:
- Maturity: coinbase rewards can't be spent until the chain confirms the block a set number of deep (commonly 20–100 blocks). Pools can't pay you before that — a 'pending' block for a few hours is normal.
- Minimum payout: your balance must cross the pool's threshold, chosen to be a few days of typical earnings. Check it on the pool page before you start.
Step 4: verify it on-chain
When payment fires, the pool's stats page shows the transaction ID. Paste it into the coin's block explorer and you'll see the coins move to your address — no trust required, everything is public. If a payout shows 'sent' but never appears, the tx fee may have been too low for the network; honest pools retry (and yes, that's partly what temporary 1% fees on new chains fund).
When nothing arrives, check in this order
- Address typo. A valid-looking but wrong address receives nothing, silently. Copy-paste, never retype.
- Threshold not reached. Balance page says 'unpaid' — just keep mining.
- Block still maturing. Recent finds sit in 'pending' until the chain confirms them.
- Pool payment history. If the history shows regular payouts to others but nothing to you after crossing the threshold, ask in the pool's Telegram — with your address handy.
That's the whole loop: wallet → address as username → threshold → on-chain verification. The first payout takes the longest; after that it's rhythm.
FAQ
- How long does the first payout take?
- Depends on your hashrate and the coin's minimum payout. On small chains a home ASIC typically crosses a few-days threshold within a week; solo block winners get paid right after block maturity.
- Can I mine directly to an exchange address?
- Technically often yes, but it's risky on small coins: exchanges delist or freeze deposits without notice, and a deposit sent during a freeze can be lost. Use a wallet where you control the keys.
- What does 'block pending' mean?
- The pool found a block and it's in the chain, but coinbase rewards unlock only after a maturity window (tens of blocks). Once mature, the payout script sends coins to each finder's address.