Mining is the process of securing transactions and committing them into the Bitcoin public chain

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total mining pools

Now that mining pools are starting to hit the 51% cusp of total mining power, what would need to happen to the Bitcoin protocol to reduce their success, and encourage distributed mining power over ...
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Details of Bitcoin mining rewards [duplicate]

I'm looking for some details about how Bitcoin mining rewards are doled out. It seems like the world of Bitcoin mining is composed of CPU miners, GPU miners, ASICs miners, and mining pools. And it ...
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33 views

Using GPU mining with the Bitcoin Wallet

After asking this question about using the Bitcoin wallet to mine, I am wondering how I can get my GPU involved with the mining work? Is this possible? or this there other, non-pooling software that ...
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I want to make investment in BTC mining machine [on hold]

I have read some, I have do some calculation and I realize that Bitcoin would be very profitable. I want to ask you friends which is the best mining machine for 2015. I have looked the KnCMinner ...
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About traditional Bitcoin mining

I'm curious about traditional bitcoin mining, before pooling. Did an older version of the bitcoin wallet found on sourceforge have a mining feature built in which worked on a simple macbook? if so ...
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Are blocks sent only after finding nonce?

One of the concerns with increasing the block size is that it may get orphaned more often due to network latency in sending the big block. Why can't miners send the block without the nonce as soon as ...
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How do I connect GUIMiner to F2Pool?

How do I connect GUIMiner to F2Pool? It says "connection problems", how do I set it up?
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What would happen if I would forget my ID? [closed]

What would happen if I would forget my ID? Is that number/number and those words enough to identify my account, or I need to know also the ID? Edit: Why does that ID change? Edit: ID = ...
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How can a share be 'harder'

I am on a pool that asks you to select a difficulty for your miner. How can some shares be harder than others if they are just a hash?
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Can i combine 2 devices to get more power for mining

As An example lets say i have 2 USB Miners each one has 16 GH/s can i combine these 2 to mine with 32 GH/s ? And if yes pls tell me how.
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Antminer U3 Low Worker Hash

Running on a raspberry pi, wifi dongle. Everything is set up, and in the pi terminal it shows 60 ghs+. However, on my pool monitor, it shows barely over 30 ghs. It was at like 20 when I started 5 ...
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Bitcoin soft fork hypothetical issue based off BIP66

Recently I saw BIP66 activation occur on testnet, but then the majority of miners were propogating V2 blocks again, causing 0.10 nodes to reject any v2 blocks - causing a fork between V2 and V3 nodes. ...
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How to mine using bitcoinJ?

I'm using bitcoinJ to create a custom wallet that works in Java, but I don't have any idea to mining using bitcoinJ. Anyone have any idea? Thansk for advice!!
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Does this mean it's mining? [duplicate]

I'm using my personal computer and trying to mine bitcoins. I'm rather new to this and was wondering if I did everything alright. Thanks in advance.
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Why wont my bitcoin miner detect any of my hardware

I recently set up a bitcoin miner on my gaming pc just to test it out and I cant seem to get is working. I am using bfg miner on ubuntu and when I start it up it says this: NO DEVICES FOUND: Press ...
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59 views

Why my mining has average so low

I bought a YellowJacket to mine bitcoins. I'm using my raspberry pi to test it. My actual configuration is: Raspberry pi using the usb from a laptop. With 1 yellow jacket. Software cgminer 4.9.2 My ...
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If price increases over a time period, what is the best explanation(s) if hash rate goes down?

The price of bitcoin is up ~30% over the last three months, but the network hash rate is only up ~5%. How can this be explained? I assume that new, highly efficient mining chips have been produced ...
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How does Bitcoin Core sort memory pool transactions by fee?

I'm trying to understand the algorithm Bitcoin Core uses to sort memory pool transactions by fee. Gavin's fee rework proposal states: Next, sort all remaining memory pool transactions by ...
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3answers
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I've tried everything from mining bitcoin to litecoin to other altcoins…why do I have no luck?

I am a beginner in the blossoming culture of crypto-currency, and unfortunately, it's beginning to feel as if 2015 is too late of a year for a laptop-user such as I to be able to start mining. I'm ...
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What is SPV mining, and how did it (inadvertently) cause the fork after BIP66 was activated?

I'm curious to hear an in-depth explanation of the hard fork and how it was caused; I've heard/read a great deal but I'm lacking a cohesive explanation.
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Minerd not showing boo or yay

I ran ./minerd -a sha256d -o stratum+tcp://stratum.f2pool.com:3333 -u (my username).node1. Here is a sample of the output: [2015-07-05 07:15:23] thread 1: 146649416 hashes, 2332 khash/s [2015-07-05 ...
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Avalon mining issue

Pretty much a newbie to mining and got an Avalon (Nano 3) to start, I'm running Windows 8.1 and using the LPC USB VCom port (COM3). AvalonGUI runs about 5 minutes at 3-4 GH/s - then closes/stops ...
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What is the function of LOCK(cs_main)?

Does LOCK(cs_main) pause and branach the program in order to do some necessary job before going on? I'm trying to publish blocks reactively (as a selfish miner) upon receipt of inventory message from ...
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Can someone outline the full pros/cons of the various Replace-By-Fee proposals?

I've done some research myself, but I find that I'm either biased myself, or my sources themselves are biased. Does anyone have an objective analysis of the various proposals and their ...
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Meta-Mining: Can mining exist in abstract states?

Has anyone here explored or pondered possibilities for meta-mining? Theoretically, you could have miners work on any computational problem, and then have rewards handed out proportionally as part of ...
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How much GH in 1 TH [duplicate]

Greetings , Please say : 1 TH = 1000GH ? Thank you in advance !
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pindexLastCommonBlock - No update after reorganization?

How often do peers update their last common block with other peers? If a node receives a new best blockchain tip, it seems as if this peer doesn't make this new tip to the last common block with the ...
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pos/pow hybride coin shows block found in wallet, but not detect or saved by pool.

in pool miner mining well, shares found ok, but when mining block found, it shows by wallet but not detect by pool. all other non-hybrid coins mining works ok, this problem is only with hybrid mining ...
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Bandwith speed for bitcoin mining? [duplicate]

I think to setup an ASIC Ant Miner in my university appartment. I am new to bitcoin mining and since the university network does block any bitcoin related connections i was thinking to use my ...
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409 views

Overclock Antminer U3 running on raspberry pi

I have an Antminer u3 running on a raspberry pi using bfgminer. Its currently running at 47GH/s. Does anyone know if is possible to over clock it using BGFminer so that it will run at 55 - 60 GH/s? ...
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how to add extranonce-subscribe to mining pool?

i setup a pool my pool. miner can mine without new protocol extranonce using "no-extranonce=true" setting . but some miner seems pool dead without it. i want to add extranonce-subscribe support to ...
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Embedding P2Pool technology in Bitcoin Core

As far as I understand, P2Pool is a way to decentralize mining. I don't know all the details, but it allows to distribute the mining rewards by the parties involved, fairly and without a centralized ...
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Bitcoin Wallet Mining

Can I process my own transactions from my wallet on my miner? I would like to process my own transactions because then I could have my transactions go faster and not have to pay extra because it would ...
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How to allocate hash power to an instance of bitcoind?

I'm not sure if those questions were asked this way before but ...: Is it possible to allocate CPU resources/hash power to an instance of bitcoind run on regtest?If yes, how? Assuming I'm going to ...
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Reduce Wallet Sync Time

So I am new to Bitcoin and I run the Bitcoin Core on my computer. I know that you need to wait for your wallet to sync before you can make transactions, but it says it won't finish syncing for 4 ...
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How does the getblocktemplate request rate correlate with a miner's hashrate?

What is the relationship between a miner's hashrate and the getblocktemplate (GBT) request rate? (The question here, "How does the rate of getwork requests correlate with the hashrate of a miner?," ...
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How can a miner choose which transaction to include in the next block?

This question is not a duplicate of Can miners choose which transactions to mine? Everybody seems to agree on the fact that miners can select which transactions they are mining. But I can't find a ...
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will the upcoming block size increase be more profitable for miners, or less so?

according to this article: http://cointelegraph.com/news/114568/us-vs-china-the-20-mb-miner-war-that-could-destroy-bitcoin critical decisions are about to be made regarding the size of bitcoin ...
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block found in wallet, receving rewards, but not tracked by pool

i setup altcoin mining pool . some of wallets shows block found and receive rewards by miner , but not tracked block in pool. there are some wallets working well. ...
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When creating a block, who actually generates the 25 bitcoins that act as a reward? [duplicate]

I realise that somebody who manages to find a new block in the blockchain gets 25 bitcoins as a "reward". Where do these bitcoins actually come from? How are they minted? How are they actually ...
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What is the waste ratio of the overall network?

The answer to the question "Why do I have to wait 10 minutes before I can spend money I received?" in the FAQ of Bitcoin contains the sentence "For example, if it takes miners 1 minute on ...
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Want to write my own solo cpu bitcoin miner

I just want to understand how this mining process works (from the developers point of view from very start to end). Can someone guide me towards a doc or a open source code (I am newbie here so a VERY ...
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What are my profits? [duplicate]

I am thinking of starting to Bitcoin mine with the Antminer S5, which has a hash rate of 1155 GH/s, but I'm confused about how I can calculate my profits. The electricity expenses are exactly $1.00, ...
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Is there any way that I could find out the market share of each miner manufacturer?

I am considering getting into mining myself. And I would like to compare different mining equipments and how many people are using each of the equipment. It seems like it is really hard to find the ...
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How to best mine on a smartphone?

As you perhaps already know, mining started at the beginning with processors then graphic card. I want to try to mining on a smartphone. Which electronic component will be the best to calculate hash? ...
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1answer
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Why bigger blocks will bring bigger memory usage for miners?

I see the different proposals for the block size and I keep wondering why bigger blocks means a bigger chain ? If the block limit size will rise to twenty-megabyte, it is just a limit, to fill it it ...
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How do I uniquely identify a transaction (to protect against malleability)?

Transactions I broadcast can be malleated by anyone watching the mempool (more info here). This rules out using txid for transaction identification. How can I identify my transactions to make sure ...
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What Value does mining provide?

After reading the O'Reilly book and perusing online resources, I'm still confused about the value that the actual mathematical mining provides to Network (I understand it does provide value, but not ...
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Which function is called to mine a block, broadcast the newly mined block & receive a newly mined block?

I am trying to understand the control flow and handling of transactions in the memory pool.
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Slush's Pool Doesn't Detect Miner

I have use two miners: GUIMiner and another one I got off the Windows Store, and I got errors from both. GUIMiner: More than one server required, using stratum server. Start button does ...