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Will Bitcoin-qt mine bitcoins if all I have done is downloaded and installed Bitcoin-qt, and typed in "setgenerate true" into the console? Are there other steps or configurations necessary? If so, what are they?

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    There are no other steps or configurations necessary. You can type getmininginfo to verify the mining process is running. However, it is extremely unlikely that you will find a block using this method, because CPU mining for Bitcoin is far too slow for the current difficulty. – Greg Hewgill Apr 20 '14 at 21:15
  • Thanks, I am aware of the difficulty already, just wanted to confirm the process. – oemb1905 Apr 20 '14 at 21:28
  • Answered here. – Nate Eldredge Apr 20 '14 at 22:19
  • @NateEldredge Would it be correct to assume that it is a duplicate then? – Murch May 8 '14 at 8:05
  • Hey Murch, No. He happened to answer this question in his answer to a question about JSON. That's because the questions were related, not because they were the same. – oemb1905 May 9 '14 at 3:20

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