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

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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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22 views

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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50 views

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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91 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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42 views

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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11 views

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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52 views

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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this router endure 50 miners ? which router is better for miners? [duplicate]

i'm interested me this router endure 50 miners ? i don't want that net turn off these on router ...
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16 views

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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6 views

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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29 views

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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28 views

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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51 views

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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46 views

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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17 views

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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110 views

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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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 ...
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260 views

Will a new block be found immediately, when there are enough transactions to fill a block?

I am trying understand the Bitcoin verification process. What happens, if a new block has not been found and there are enough transactions waiting to fill the current block size limit? Will a new ...
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56 views

Why is utxo time a priority for miners?

I've understood (may be mistakenly) that once free transactions arrived to be collected into new block the miner will priorities them by fee then by maturity, meaning will take the transaction with ...
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101 views

Visualize Bitcoin Hashing

According to https://en.bitcoin.it/wiki/Hash, BitCoin uses the SHA-256 hash algorithm to generate verifiably "random" numbers in a way that requires a predictable amount of CPU effort. ...
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56 views

Work distribution in a mining pool

How is work distributed among members of a pool? Regarding the block hashing algorithm and valid hashes of a new node, how is the set of solutions for nonces "distributed" among miners?Is a nonce, ...
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Parameters in UpdateTip - calculation of log2_work

I looked up log2_work inside main.cpp and I can't follow its calculation by log(chainActive.Tip()->nChainWork.getdouble())/log(2.0). a) What is -> explicitely indicating? (I'm at basic level of ...
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48 views

What sort of calculations do the miners have your computer do? [duplicate]

I recently heard of a new cryptocurrency (or maybe it's not new and I'm just out of the loop) called Gridcoin which uses your GPU/CPU/ASIC to do research calculations rather than "meaningless" ...
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69 views

Does having twice as many miners give you twice as much revenue?

A good friend lives in an apt that includes utilities in his rent and I'm going to lease a desk space in his pad to mine bitcoins. I have a few questions before I get started. All of the mining ...
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106 views

Is it possible to use Selfish Mining to steal bitcoins?

Is it possible to use the Selfish Mining algorithm to steal bitcoins?
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What is the most lightweight proof-of-work algorithm?

I know litecoin was created back in the day using Scrypt as to make it more lightweight but also harder to build ASIC hardware from - so everyday computers could mine. Are there other algorithms one ...
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159 views

Does cpuminer do its work?

I have a question about using cpuminer to mine bitcoins. I know that it's not efficient, but I'm not about making any money from it (obviously), I just want to mine some fractions of a bitcoin. Now, ...
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185 views

How does one mine Stellar

I was able to mine Ripple for a time using boinc, will Stellar offer something like this? are there other ways to mine Stellar?
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When all bitcoins have been mined, how can the Block Chain's interaction be supported? [duplicate]

I've understood for a while that bitcoin mining was a process that required computers to solve increasingly difficult problems in order to mine a block. It wasn't until now that I realized those ...
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22 views

How would I go about installing a miner on Linux Mint running on an AMD APU A-Series [duplicate]

I've looked all over the internet, and after messing around with OpenCL for hours, I still have no clue how to do it. How would I go about it? My question differs from others in that I'm trying to use ...
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121 views

Who pays me when pool mining?

When I pool mine, do my payments come from the pool operator's personal account? From the pool's wallet? Or from somewhere else? When using P2Pool, the payments appear in bitcoin-qt as though I had ...
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Why Bitcoin's 10 minutes? [duplicate]

Are established by the initial Nakamoto protocol and now mantained by the developers through the control on the difficulty? Are difficulty and technological progress strictly related?
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25 views

BTC Guild and MinePeon

I have recently been using BTC Guild to mine and I have found something unusual happening with my hash rate on this pool. I can confirm that my hash rate is at 2.2 Gh/s however, on BTC Guild my hash ...
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60 views

What does DOA stand for?

What does DOA stand for? I've seen this in the context of P2Pool stales, specifically here.
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55 views

When / how frequently do miners get paid for transaction fees? [duplicate]

When or how frequently do miners get paid for transaction fees?
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167 views

Java code for Bitcoin Mining?

I am a student and doing research on Bitcoin. I wanted to know how mining is done but I wanted it see the some basic java code. Can some one provide me with resources? I would appreciate if some one ...
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54 views

What is the motive of a miner to include transaction in a block?

My question is divided into different parts : Can a block include only coinbase transaction ? Why should a miner wait \ include more transaction after starting to create a block ? If a miner stops ...