Transaction Tracing is a way for users to track the origin of the crypto assets that
they withdraw from their Mining Balance. These assets are generated through the
mining process and come straight from the blockchain.
How to track mined coins
Mining Balance together with General Balance are a part of the feature called Wallet Split. This feature was designed to simplify the management of crypto assets within Mining City. The Mining Balance shows the amount of crypto assets generated in the Mining Process. Thanks to this new information, users can trace the path of the coins all the way back to when they were mined on the blockchain.
In this user guide, you will find all the information necessary to track the origin of the
crypto assets that you receive from your Mining Balance, with BTCV and https://explorer.bitcoinvault.global/ used as an example in the Transaction Tracing
Mining City Mining Wallet
The first step to learning how to track mined coins is to understand the path of the funds. Coins that come straight from the blockchain go to the official mining payout address called Mining City Mining Wallet Address: YhZ5F3s9GJZBg1URrLyyGH7YuLAScLFuqK
It can be accessed directly at the following address:
*Please note: Because of the number of transactions on this address, not all of them
can be displayed in the Bitcoin Vault Explorer
Mining City Mining Balance Wallet
What’s most important for the user is that all Mining Balance funds come from an official Mining City Mining Balance Wallet Address: RX7DVpjAaLZAhgwzKzEdqbxb3bAdrK6vDJ
It receives all newly mined coins from the Mining Wallet. These coins can be traced directly to the blockchain on which they were mined.
Now that the process of how funds are transferred is clear, let’s see an example in practice.
How to trace a transaction
Find your address in the Bitcoin Vault Explorer
Go to https://explorer.bitcoinvault.global/
- Paste your wallet address into the search bar in the top right corner and hit “Enter”.
- Remember that it must be the address that receives cryptocurrency directly from the Mining Balance.
- Now you will see the list of all incoming and outgoing transactions on your wallet.
Find your Mining Withdrawal transactions
Look for the official Mining City Mining Balance Wallet Address on the list of
transactions performed on your wallet: RX7DVpjAaLZAhgwzKzEdqbxb3bAdrK6vDJ
Every incoming transaction from this address holds the crypto assets from the blockchain. Details of those transactions include Mining Balance Wallet Address, the external wallet to which the transaction was made (in this case your wallet), the amount of BTCV that has been transferred, and the date and time of the transaction.
Click on the Mining Balance Wallet Address to see more information about it
Browse transactions on the Mining Balance Wallet
Mining City tops-up the Mining Balance Wallet Address with freshly mined coins on a regular basis. We remind you that they come from the Mining Wallet, which gets them directly from the blockchain.