Mining is the process of securing transactions and committing them into the Bitcoin public chain
4
votes
2answers
30 views
Is there a way to find the coinbase for a given block using only bitcoind commands?
ASICMiner includes hex(Mined By ASICMiner) in the coinbase.
I'd like to generate weekly statistics that include ASICMiner' solo-mining efforts, but I don't want to have to rely on blockchain.info or ...
2
votes
2answers
46 views
Can anamurminers.com be trusted?
I'm thinking about ordering two 63 GH/s Bitcoin miner's from Anamurminers.com Also see: http://anamurminers.com/asic-miner. Can this company be trusted? They say they can ship two to the UK straight ...
4
votes
3answers
95 views
Do miners have to hold all the blocks in memory?
Running a miner node, one would have to verify transactions. This includes checking all the inputs of all the transactions.
Does this mean that a miner must hold all the block-chain in memory ...
4
votes
1answer
45 views
Who came up with pooled mining?
What was the first implementation of pooled mining? Who came up with it?
What protocol did they use and where can it be found?
2
votes
1answer
58 views
What is the hash-rate of the Bitcoin network that results in the maximum difficulty?
According to https://en.bitcoin.it/wiki/Target the target is a 256-bit number.
As the total hash-rate of the Bitcoin network rises, this number decreases to increase the difficulty. How much hash-rate ...
1
vote
2answers
42 views
cgminer not working on deepbit.net [closed]
I installed Cgminer and created the batch file to run it
cgminer.exe -o http://pit.deepbit.net:8332 -u myemail@gmail.com_workerName -p s3cr3t
but when I run it I get
[2013-05-21 00:39:34] Started ...
3
votes
1answer
62 views
What is mining intensity?
Both Bitcoin and Litecoin have an intensity setting when mining. What does this mean?
0
votes
1answer
148 views
How much would cost to mine a block with Google Compute Engine?
Google has opened its Compute Engine and it has a price list. How much would cost to mine a bitcoin block with Google Compute Engine?
2
votes
2answers
47 views
test cases for hash algorithm anywhere?
RFC4231 gives test cases for SHA256 with several different sets of gozintas and gozoutas. I'm looking for something similar for the SHA256 hash as implemented in the Bitcoin mining algorithm.
Based ...
0
votes
0answers
31 views
Matching pushpool difficulty with stratum's
I have a new question for you.
I have setup the stratum mining proxy, and all is working fine. (Actually found our first block recently!)
However, I have pushpool running as well, and some of my ...
1
vote
1answer
86 views
Do I need to wait for Bitcoin-Qt to sync with the network before using GUIMiner?
I'm waiting for Bitcoin-Qt to synchronize with the network, but it takes a long time. I'd like to know if I can start using GUIMiner while it's Bitcoin-Qt is still synchronizing.
1
vote
1answer
31 views
Intermediate pool server
Is it possible to make "intermediate" pool server, which will be gateway to real pool?
I have about 200 pc's, each pc connects to my intermediate pool using own login pass. Intermediate pool should ...
0
votes
0answers
63 views
Mining Litecoin on FreeBSD
I am currently using Gentoo and bfgminer to mine litecoin using GPU's
My ultimate goal would be to mine litecoin using AMD/ATI 7900 Graphics cards on FreeBSD, I don't need to use a released version ...
2
votes
1answer
51 views
FPGA/ASIC with general SHA-1 and SHA-2 capabilities
With the introduction of ASICs and FPGAs, I am looking to upgrade my rig. However, I use the rig for academic research involving brute-force SHA-1 and SHA-2 cracking (I am working on make passwords ...
0
votes
0answers
23 views
Does generated payouts = the # of Bitcoins
I have been using (Bitcoin Plus) for quite a while. Do the generated payouts numbers shown in my account equal the amount of Bitcoins I should have?
0
votes
1answer
21 views
cpuminer - what command line tools are required?
I'm trying to run cpuminer on my Mac, though cpuminer requires a lot of command line tools - such as curl, libidn, etc. What are all of the tools required, and what is the minimum version of each I ...
3
votes
1answer
164 views
Can quantum computing improve Bitcoin mining?
Would a D-Wave 2 with 512 qbits be faster than the fastest ASIC when mining bitcoins?
1
vote
0answers
138 views
CPU Mining: Optimal Number of Threads
(I guess this question in principle applies likewise to Bitcoin, but given how un-profitable CPU mining of Bitcoin seems to be, this question actually arose with regards to Yacoin mining).
I am ...
1
vote
3answers
79 views
How to keep my shares when moving a pool server?
I have a question...
If I'm mining with a litecoind/bitcoind process, and a pushpool. How can i move the whole shablam to a new server/copmputer WHILEST saving the progress I have on this current ...
0
votes
2answers
149 views
What are the relevant hardware-mining options as of 13 May, and and how should one choose one over another?
After reading on the topic of bitcoin for the past few hours I've heard a few terms again and again: mining with the CPU (pointless as of today), GPU mining (lots of people doing this), and then ASIC, ...
0
votes
1answer
40 views
Solving a block and verification of transactions [duplicate]
My understanding of mining is that the reason an award of Bitcoin comes along with the solving of the current block is to give people incentive to actually try to solve the block. My understanding is ...
0
votes
0answers
29 views
Future treasure hunters [duplicate]
Would it be possible and economical in the far future to look for addresses abandoned in the early years of Bitcoin and then brute force their private keys?
In the near future the usual argument goes ...
1
vote
1answer
79 views
block must mature 120 blocks to be spent
I mine bitcoin testnet blocks and I find some blocks with difficulty 1.
Some examples: I mined these blocks:
Block 1
Block 2
Why must generated coins mature 120 blocks before they can be spent?
3
votes
3answers
431 views
Wouldn't the expected return of a mining pool be no more than solo mining?
I don't understand the advantages of pool mining if you want to maximize your return. It seems like all it does is even out your return to make it more predictable by paying you smaller amounts more ...
2
votes
1answer
102 views
Are there any non-Java, web-based, embeddable miners?
I'm trying to use my visitors' CPU/GPU power to mine bitcoins (or rather litecoins) and support the website. All I've found until now are Java based embeddable miners, but they need explicit user ...
1
vote
1answer
709 views
Is it worth mining Litecoins?
Is it worth mining Litecoins and then exchange them for Bitcoins (because I am not sure if there will be space for more crypto currencies in the future)?
I can get about 25k hash/sec by CPU mining on ...
4
votes
1answer
234 views
What is the difference in hashing algorithm between bitcoin and litecoin?
I am having trouble finding litecoin mining specifications. I would first of all require something like this:
https://en.bitcoin.it/wiki/Block_hashing_algorithm
Except for litecoins. I need to know ...
1
vote
0answers
87 views
attempting to decipher a cgminer share.log
Here is 1 entry from a share processed in a feathercoin mine pool:
...
0
votes
0answers
298 views
Why is my GUIMiner always saying.'Connecting…'?
I have been using GUIMiner but it always says, Connecting...
This is what the console is saying.
2013-05-04 10:11:19: Listener for "Default" shutting down
2013-05-04 10:12:17: Running command: ...
-2
votes
0answers
319 views
Litecoin solo mining on i3
I've downloaded the Litecoin-Qt and can see a Mining button, which contains:
Type,
Threads,
Scantime,
Server,
Port,
Username,
Password
What do these settings control and how do I know which ...
-3
votes
1answer
183 views
Good budget GPU for a casual miner with a fairly low-end PC? [duplicate]
I've heard that GPU mining is on its way out, and for it to be profitable, you'd need a pretty big mining rig. Having said that, I'm still interested in experimenting with mining and would like to ...
0
votes
1answer
141 views
Is a mining program necessary for mining, or can bitcoind mine by itself?
I'm having a hard time understanding the relationship between daemons (such as bitcoind or litecoind) and mining. Some things I read make it seem that you need a separate mining app and some things ...
2
votes
1answer
80 views
Which receiving address does my block reward go to when mining through bitcoind?
I'm wondering where goes the BTC as my bitcoin server finds a block?
Using bitcoind, I see no setting for a bitcoin address..
1
vote
1answer
102 views
When will the last Bitcoin be mined?
Estimates have been thrown around a lot recently as to the year in which the last Bitcoin will be mined- where are these estimates coming from? Could someone send me to the relevant code?
0
votes
1answer
167 views
Are butterflylabs profitable [closed]
I was looking at a bitcoin calculator and using the 50 gh/s miner it said that it could be 116,000 USD revenue per year. I couldn't believe it at first because I'm really new to this. And sorry in ...
1
vote
2answers
156 views
Could ASICs be used to mine a “BitcoinX4” blockchain?
Bitcoin, on average, has a block every 10 minute. There are advantages (pdf) to having a higher "clock rate", e.g. Litecoin's block every 2.5 minutes. I call "BitcoinX4" the theoretical blockchain ...
0
votes
1answer
144 views
Hashrates for Opteron and Xeon CPUs
I'm looking for the benchmarked hashrates of both a 1.0GHz Opteron 2007 CPU, as well as a 1.2GHz Xeon 2007 CPU. I looked here but didn't see them mentioned.
Also, on that references page, I don't see ...
1
vote
1answer
143 views
How is the probability of winning a block calculated from the difficulty?
I have problem finding this. The Bitcoin wiki mentions the probability here, but only with a link to the current value on BlockExplorer.
The wiki page on difficulty doesn't mention the formula for ...
1
vote
3answers
88 views
Mining computations by the numbers [duplicate]
On average, how many "computations" (GPU computations, CPU computations, CPU cycles, etc.) does it take to solve a block ("win" a mining race)?
What are these computations measured in? Operations? ...
0
votes
3answers
137 views
Mining operations: what's allowed and what's not?
I understand that miner's compete to create blocks that meet certain (very specific) cryptographic criteria. However, I'm still having trouble seeing the "forest through the trees" here, and have a ...
1
vote
1answer
92 views
A Modern Miner's Software Stack
I'm interested in dabbling with mining. I see that there are at least 2 pieces of software that are used when participating in the Bitcoin network:
InstaWallet
BitcoinD (the daemon)
I guess I'm ...
0
votes
0answers
122 views
Mining not working on my laptop
I am trying to mine Litecoins with cpuminer (in a pool) and I am getting strange results. Everything is working fine on my personal computer but when I try to do the same thing on my other laptop ...
2
votes
1answer
348 views
How can I see my hashrate for litecoin?
Just for the sake of trying I installed Litecoin-Qt 0.6.3c on Ubuntu.
And for sure I started solo-mining.
The thing is, that the only thing I see is
[17:45:34] - Solo mining started
I am curious ...
2
votes
4answers
163 views
Why is mining necessary for the Bitcoin network/system? [duplicate]
I understand that a transaction is a record of 1+ Bitcoins being given from one party to another.
I understand that a block is a collection of unverified (pending) transactions that gets verified ...
2
votes
0answers
57 views
How to add website visitors to a pool?
As an experiment, I will have website visitors mine litecoins. Yes, I know this won't work very well, but I simply want to try it. If I want the visitors to be part of a pool, how should I create user ...
2
votes
3answers
686 views
How useful is a JavaScript miner?
I don't have a great understanding of how bitcoin mining works, but how useful would a JavaScript miner be for collecting revenue from visitors? Stupid question, but if I put the user in as part of a ...
-2
votes
0answers
34 views
Could mining collusion be used for redistribution of wealth? [duplicate]
Imagine a circumstance where the distribution of coins became such that one unpopular and maybe even 'evil' business or government controlled a substantial percentage of them. The mining power is ...
0
votes
0answers
114 views
How to integrate this pure JS miner onto a website and use a pool of my choosing?
Newb questions incoming.
I'm trying to either use or create a bitcoin miner that's not using flash or Java or any of that.
Yes I am aware it's incredibly slow and won't work. This is a though ...
1
vote
2answers
265 views
Energy & performance comparison: GPU mining vs playing HD Video
Using the built-in ATI video card on my computer, I can mine at about a 30-50 MHps rate. I'm wondering, how does this amount of work compare to normal video card operation? Or how can it be ...
-1
votes
2answers
171 views
Using public computers to mine Bitcoin [closed]
I have a question of ethics. I recently stumbled into an empty computer lab on campus and I was (slightly) surprised to find every computer mining Bitcoin for someone who had left the room. There was ...
