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I've installed the GUIMiner app and the Multibit app. I am in a mining pool, and I have about 17 shares thus far. Do the Bitcoins transfer to my MultBit wallet automatically or do I need to do it manually?
Do Bitcoins mined in a pool automatically transfer to your wallet?
Answers
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Generally, no. Usually you have to specify the address in your wallet and the threshold minimum so the pool sends your funds.
Most pools require some kind of registration; Eligius.St only requires your wallet's payment address.
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No. You can set up an auto transfer on many pools but you will need above a certain balance or be charged for transactions. Also some pools need verification for this to happen to prevent fraud or theft.
4This probably depends on the policies of your pool; since you don't say what it is, there is no way for us to know. – Nate Eldredge – 2014-10-16T21:00:21.703