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

learn more… | top users | synonyms

0
votes
1answer
22 views

Internet Requirement

Does bitcoin require the internet to be mined? As an example of generating prime numbers that fit into the 256-bit number space? Can the total number of bitcoins be tied to only prime numbers that are ...
-1
votes
0answers
28 views

Bitcoin-Qt & Bitcoind

The wiki states that the client and the headless client are now bundled together, however, when I downloaded the Bitcoin-Qt client, I cannot seem to get bitcoind to run via terminal. I tried to ...
-2
votes
0answers
11 views

Bitcoin-Qt & External Device

Can Bitcoin-Qt be configured to use an ASIC miner? If not, do I need to use other miner software such as bfgminer?
-1
votes
2answers
23 views

Bitcoin.conf & JSON-RPC options

What does it mean in the bitcoin.conf file when it states, "server=1 tells Bitcoin-Qt to accept JSON-RPC commands?" If all one needs to do to solo mine is type setgenerate true in the console, then ...
-1
votes
1answer
22 views

Bitcoin-Qt & Bitcoin.conf

Just confirming here ... Does Bitcoin-Qt require that I create a bitcoin.conf file in order to solo mine on my Mac? I created one after reading the wiki and placed it in Lib/AppSupp/Bitcoin but I am ...
0
votes
0answers
13 views

Bitcoin.conf & Connect=

When configuring the bitcoin.conf file, what should you put in connect= ? There are IP addresses listed here, so I removed the # sign and left them as is. I also entered my WAN address and my local ...
0
votes
0answers
11 views

Bitcoin-Qt & setgenerate true

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, ...
-1
votes
0answers
12 views

Bitcoin.conf addnode

What should I enter on the "addnode" line of the bitcoin.conf file? I removed the # sign and used the nodes provided on the template, but cannot verify is this was proper or appropriate. Please ...
-1
votes
0answers
14 views

elitter p2p server no payments after 24 hours with 2600k/h

i have been mining all day on this server and recieved no payments. i am aware you have to solve greater than the difficulty but i have 2.6m/h...im not one of those people wondering why 100k/h isnt ...
1
vote
2answers
87 views

What is the average number of hashes it takes to mine bitcoins?

I'm just curious about this. I'm not sure if the length of zeros in the hash result is directly proportional to the probability, or how to calculate this.
-1
votes
0answers
10 views

Easyminer not responding

Yesterday while looking at my miner Easyminer locked up and said not responding. I am running it on win 7 pro. No updates have been run, no antivirus or malware protection on the computer and it ...
0
votes
0answers
12 views

mining pcie 16x and 1x together caused rejects

I have 5 msi radeon R9 290 cards and this board https://www.asus.com/Motherboards/Z87PLUS/specifications/ . With 3 pcie 16x everything runs smooth but, as soon as I add the first 1x into the equation, ...
-1
votes
0answers
147 views

Antminer U2 on Raspberry Pi w/ BFGminer, no devices found

I'm a complete beginner to bitcoin mining. I have an Antminer U2 connected to a powered USB hub connected to my Raspberry Pi, and I'm trying to mine just for fun (power costs are not an issue). ...
0
votes
0answers
9 views

GPU not recognised on CorsAir cables, works normal on original

I have Chieftec Navitas 1000W PSU that has only 2 common GPU outputs http://www.chieftec.eu/en/psus/navitas-serie/gpm-1000c.html I want to connect additional GPUs via molex but with PSU I got only 1 ...
0
votes
1answer
44 views

How to calculate the minum recommended hashrate for p2pool network?

I'm trying to add the current minimum required hashrate for miners on my p2pool frontend. I've seen such calculation for the litecoin network here. For litecoin with quite a high p2pool rate and a ...
1
vote
1answer
53 views

For maximum mining performance, is it better to minimize latency from the mining rigs to the p2pool server, or from the p2pool server to the Internet?

I'm setting up a p2pool server to mine Scrypt-based coins on. Mostly just for myself, but occasionally some friends will jump in. I'll mostly be mining newer coins with very low difficulties. I'm ...
0
votes
1answer
32 views

Icarus Detect Failed

I have been running raspberry PI with 4 Erupter modules connected to Pi Hub for 5 days with no problems. Yesterday I checked the modules and the idle lights were on and there was no mining. I ...
0
votes
0answers
65 views

Gridseed Mac OSX software

Where can I find information on running a Gridseed miner on Mac OSX? Either BTC and/or LTC. I'm looking for rather consistent information, by this I mean instructions with links that point to the ...
0
votes
0answers
12 views

Where does cryptocurrency get it's value from? [duplicate]

I guess a lot of this still doesn't make sense to me. Why does someone want to pay me to solve math problems? I understand the part about the secure transfer of coins from one to the other - which is ...
2
votes
1answer
33 views

How does namecoin and other merge-mined coins prevent pre-mine attacks?

So, namecoin supports merged mining against bitcoin. My understanding of the merged mining protocol is that basically miners can use the primary coin's POW solution to solve the aux coin's block. It's ...
0
votes
3answers
73 views

Mining costs, impact on long term viability of BTC

Given the rapidly rising difficulty level and electricity consumption/$30 cost per transaction, is the protocol sustainable as-is, and if not what is most likely to happen in the evolution of BTC.
0
votes
0answers
40 views

How can I install BFGMiner on Bamt

I'm trying to consolidate and remove a pc out of the equation that is acting as a server for 68 block erupters and 3 antminer u1s. I have two rigs running bamt currently fine and want to be able to ...
2
votes
1answer
54 views

In pooled mining, what is pdiff, bdiff and ldiff?

In pooled mining, there seem to be three different terms for difficulty in use. Apparently, the Stratum protocol uses bdiff, BTCGuild uses pdiff, and Ldiff is common for various Scrypt pools as ...
-1
votes
1answer
54 views

What is the best solution ( i think i will mine with 3Gh/s ) [closed]

First, I'am a newbie in bit-coin and lite-coin so basically i want to setup some machine to get a (3 G Hz/s ) The cost of electricity are not a problem So please tell me which strategy to choose And ...
0
votes
0answers
51 views

I am new with peercoin and confused is it mining or not [screenshot]

I am new in peercoin and trying first time mining of any currency just to see how it works. I installed cgminer but there's an error Probing for an alive pool Network diff set to 91.5 like ...
0
votes
2answers
50 views

Why can't I create a fork of BTC that has no difficulty changes so I can premine the rest of the coins?

I don't want to necessarily do this, but what prevents this scenario from being possible? [just timestamps and a difficulty modifier alone? - if that's the case then why can't I modify the client to ...
0
votes
0answers
41 views

Hey, How to trace amount transferred from 123jPopeC527K8WCmHLiuPBnbER6V1yBh9

I have transferred bitcoin from the address "123jPopeC527K8WCmHLiuPBnbER6V1yBh9" to "1PtnGrkpQK8cdBA17eCbwfysXUcoGvHaCB".. But it looks like the amount got deducted from the source, but not received ...
2
votes
2answers
62 views

Lottery Mining?

I know mining is extremely difficult now. I just wondering has anyone "won" by solo mining a block? How does the chances compare against say wining the lottery? Assume 3 Giga Hashes Per Second say. ...
-1
votes
1answer
29 views

Yield Conversion [duplicate]

If you're mining at a yield of xBTC/Ghs how would you convert that to xBTC/Khs? For example; what would .0009231BTC/Ghs convert to in /Khs? Also, to calculate your total projected yield would you ...
1
vote
1answer
114 views

How to fix kernel paging request error on raspberry pi miner?

I'm mining Bitcoin and Litecoin using Gridseeds. As a host/controller I'm running a Raspberry Pi with ArchLinuxARM. I'm using the latest Arch image and compiled cgminer from this github repository: ...
0
votes
0answers
28 views

If more than one coin did the “mini-blockchain” proposal, would that make the weaker coin vulnerable?

So, I was reading this paper as a proposal to the ever growing blockchain problem. In summary, it's security is provided without a full blockchain by having a proof chain with these fields: Previous ...
0
votes
1answer
70 views

Can bitcoin pools set a different difficulty value other than the network difficulty

I would like to know if bitcoin pools can give a different difficulty value other than the network difficulty or is the network difficulty the same for everybody
5
votes
1answer
267 views

why do people mine bit coins when they are losing 20% a month

I would like to know why people mine bit coins independent of their Hash rate if their ROI loses 20% every month at the going difficulty rate and the exchange rate BTC/USD is at best flat?
-2
votes
0answers
43 views

Who awards 25 new bitcoins to the miners? [duplicate]

Help !!!! Who awards the 25 new bit-coins to the miners ? Where does those bit-coins come from ? Are they just created from thin air ? I know that the system awards the bitcoins ? but which system ...
2
votes
1answer
41 views

Http Requests Bitcoin Mining Pool?

Is there any pool where I can complete mining work for a mining pool via and http requests? Some sort of API? I have access to a lot of computational power that I want to route to a mining pool ...
0
votes
0answers
220 views

BFGminer can't find my NanoFury on Raspberry Pi

Related: BFGminer can't find my NanoFury! Posted on the RPi Exchange as well http://raspberrypi.stackexchange.com/questions/14753/bfgminer-cant-find-my-nanofury-on-raspberry-pi Forums: ...
0
votes
1answer
23 views

What piece of code would allow me to check if a block has been found then run an operation?

I am relatively new to C++ and I was wondering if anybody could help me out. I am looking piece of code that will loop until a block is found by a node and then when one is found print a simple output ...
0
votes
0answers
21 views

Accepted Shares are showing as invalid in the pool mining MPOS

Am using minerd cpu miner for pool mining also I used stratum server with MPOS, all my accepted shares are showing as pool invalid. Why my accepted shares are not showing in pool valid?
1
vote
1answer
29 views

Why is the accept / utility of one of my miners consistently higher than the others?

I'm playing around with a couple of Antminer U2s, and two Block Erupters, running them off of a vanilla BFG setup using BTCGuild, I'm consistently seeing the following: So, I'm curious as to why ...
0
votes
1answer
41 views

Where is the code that receives blocks that miners have just solved

I was just looking through the Bitcoin code but since I am relatively new to C++ I was wondering, if anybody could tell me where the code responsible for receiving blocks that have just been mined by ...
4
votes
1answer
59 views

Where is the code that sends generated Bitcoins from mining to the wallet?

I was just looking through the Bitcoin code but since I am relatively new to C++ I was wondering, if anybody could tell me where the code responsible for sending coins generated through mining to the ...
0
votes
0answers
13 views

Is there an up-to-date professional analysis of different “mining shield” technologies?

E.g. Digishield, Gravity Well etc. As a non-miner, I only hear bits and pieces about these algorithms. Is there a comprehensive resource with details on the history of these algorithsm and relative ...
3
votes
2answers
195 views

Does selfish mining actually give an advantage in the absence of transaction fees, difficulty changes, and economic effects?

I am reading the Cornell selfish mining paper. In it, their main argument is that a selfish miner can increase the ratio of the blocks he mines relative to the honest miners. I do not dispute this. ...
0
votes
0answers
27 views

Minimal Bitcoin Miner, how i configure?

I would mining on my own web hosting with Minimal Bitcoin Miner but I don't know how configure it. What is Getwork protocol e how I can configure?
0
votes
0answers
20 views

Block format validation against the Testnet bitcoin network

I was wondering if there is a tool which I can use in order to see if I'm generating blocks properly in my client. This is a block generated by my client in hex format(with just coinbase): 02000000 ...
0
votes
1answer
34 views

No submitblock in altcoin?

I'm trying to figure out how I'd submit a block in many alt-coins. I originally found this issue in bbqcoin but have since found it in many others. I have bbqcoin (and others) installed from gihub ...
4
votes
1answer
83 views

Does CPU mining become efficient as memory requirements increase?

I am focusing on an anti scrypt coin called Vertcoin which increases it's N-factor at a set interval. On their main page on bitcointalk it states that CPU computation will make gains as N-factor ...
1
vote
1answer
42 views

How do miners/clients prove a transaction is valid? [duplicate]

To prove a transaction is valid, you must prove that the source address has a balance at least as much as the transaction. How does one prove this in a performant manner? The block chain of bitcoin ...
-1
votes
2answers
76 views

6x gpu mining rig only installs drivers for 5

built the following rig: 5x SAPPHIRE TRI-X R9 280X 3GB GDDR5 OC (UEFI) 1x AeroCool Templarius Imperator 1150W 80 Plus Gold 1x HighPower Tech 1200w Gold Plus (HP-1200-G14C-GOLD) 1x Asrock H61 Pro ...
0
votes
0answers
31 views

Scriptpubkey format of generation transaction

I'm struggling to figure out what does the first byte of the generation's transaction scriptpubkey means? Obviously what comes after it is a 32 byte public key hash and an OP_CHECKSIG operation. Let's ...