A mining pool is a way of sharing the work needed to find a block. Miners are rewarded in proportion to the amount of computing power they contribute to the problem, with various ways of calculating returns.

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cgminer not working on deepbit.net

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] ...
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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 ...
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23 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 ...
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1answer
18 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 ...
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22 views

What pool catters to multiple alternate currency?

I want to mine alternate coins. I am looking for pools that support many of the coins here so I do not have to keep changing pools http://www.coinwarz.com/cryptocurrency
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102 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 ...
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2answers
101 views

Why do pools get so often DDoS attacked?

In other words: who has incentives for attacking pools? Do you think it's the government?
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3answers
72 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 ...
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configuring connection to the mining pool

I am trying to configure connection to a mining pool from many computers through mining_proxy using the following example Everything works fine, but the problem is that I am skipping the part where I ...
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3answers
337 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 ...
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1answer
55 views

Mining pool hashrate effect on a miner's income

How does the size (hashrate) of a mining pool affect the payouts? Assuming the pool doesn't pay a fixed amount per work. People tell me that the pool hashrate going up will only affect something ...
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2answers
199 views

What prevents a pool miner from stealing an entire block?

As I understand it,when mining BTC, and calculating a block, the goal is to find a SHA-256 hash below a certain value (with the previous block, a nonce, and other things as the input). Are pool ...
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262 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: ...
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3answers
201 views

Which mining pools do not require account creation?

I know Eligius doesn't have a lengthly setup process, you just use your payout address as the username. Which other pools are this easy to start with?
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157 views

p2pool latency - where best to host?

I read about latency on p2pool being a bad thing. Is this latency between the miner and p2pool, or p2pool and the network, or both? I am trying to decide if I should host p2pool on one of my servers ...
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112 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 ...
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2answers
137 views

How do pool operators do their hashing?

For every "getwork" served by the pool, a Merkle root must be calculated for a block. The run time of SHA-256 is proportional to the number of "chunks" of 256 bits, and a typical block will have ...
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56 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 ...
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106 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 ...
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2answers
178 views

When pool mining, how do I get paid?

Just for fun i decided to check out bit coins and do some mining. No visions of making millions or anything I just find the concept pretty cool. At any rate I have installed guiminer in windows and i ...
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3answers
233 views

Effect of Mining on Hardware

I've installed a mining client on My Macbook pro, which was giving almost 1 MHash/s at full capicity. I found on some reddit thread that Mining may affect the hardware i.e. mother board or graphic ...
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1answer
280 views

Work rejected. Server says: Stale or alien proof of work

I get this error using BitMinter Client v1.3.2: Work rejected. Server says: Stale or alien proof of work about every 15 - 45 minutes, just mining on my GPU. What is happening? What does it mean to ...
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854 views

How to setup stratum with pushpool and VARDIFF? (litecoin)

I'm trying to setup a pool for litecoin mining with support of the stratum protocol and VARDIFF (variable difficulty). I read the answer of cdecker on the following question How to setup pushpool. ...
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13 views

Trying to setup my Pushpool server but getting Failed to subscribe? [duplicate]

trying to setup my Pushpool server, I have it all ready and running and when I use GUIMiner to connect, I get this in the console: 2013-04-18 22:56:57: Listener for "asd": 10.0.0.30:9999 18/04/2013 ...
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1answer
189 views

Trying to setup my own pool and having problems connecting to my server

So I've setup my own Pushpool server, and now I'm trying to connect using GUIMiner The server is up and running, this is what my terminal says: sbin/pushpoold -E -F [2013-04-19 20:33:5.395392] ...
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1answer
241 views

Merged Mining Disadvantages

What are the disadvantages of merged mining? I'm very interested in p2pool and since I have to "run my own server" I've been considering enabling merged mining. Besides the obvious administration ...
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149 views

What is an alternative crytocurrency that I can generate coins quickly without joining a pool? [closed]

I want to mine coins without joining a pool. I can generate 3.6 MHashes/s but this is so low that I will never really generate any bitcoins or litecoins without joining a pool. What other ...
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1answer
35 views

Is there any way to tell if there is a miner (in a pool) on the network, from a network perspective?

I'm thinking traffic analysis, packet inspection, IP. How would that be differenciable from other traffic patterns? How active do admins look for such patterns?(I'm thinking more P2P stuff)
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66 views

A full/multi nonce range search or just a partial range search?

In a work, there are only two elements in the block header change between hash attempts. That is, NTime and Nonce. The miner starts the nonce search to get a valid share, and there are several ...
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248 views

DDoS on big mining pools: a quick way to 51%?

Slush's Pool, the second biggest mining pool around, is currently down, allegedly due to a DDoS attack: News 16.04.2013 Pool is under DDoS attack. I'm working on recovering the service back to ...
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611 views

Error with GUIMiner [closed]

im a beginner at the bitcoin scene, and decided to give mining a go. Ive joined slushs pool and have downloaded GUIMiner. As far as i know i have done everything correctly so when i click start ...
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147 views

How to mine with 1k PC's? [duplicate]

I have a network of 1k+ PC's (not a botnet). Could you advice me how can I mine effectively for one pool, for only one pool account, maybe you have any solutions? I think it should be CPU miner ...
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318 views

How can I create and setup an litcoin mining pool?

I am researching if it is viable to create a mining pool on some closed networks outside of normal operating hours. Is there a system which can be customise which shows accountability of running ...
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1answer
121 views

Why do mining pools refuse “spammy” transactions when there are transaction fees already?

So I stumbled over a problem with some non relayed transactions. A helpful user was finally able to point out that some services (Satoshi Dice) that accept BTCs are regarded as a nuisance by mining ...
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21 views

Green Environment Friendly Alternative to Bitcoin [duplicate]

Bitcoin seems to be a system that only gets ahead when it drives up computation power and sucks electricity. What if a currency was like Bitcoin but used some other means for mining rather than ...
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5answers
480 views

If Bitcoin mining is becoming more and more impractical, what then?

If Bitcoin mining is becoming more and more impractical, where you'll need to buy like a ButterflyLabs unit, and where even eventually a room full of these units might not be enough some day, what ...
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597 views

ValueError: need more than 1 value to unpack [closed]

I am giving this a try to see if I can do bitcoin mining. I took a Windows laptop and installed GUIMiner on it. I then connected to bitminter pool on http://mint.bitminter.com:8332 using my ID. When I ...
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1answer
92 views

What are the reasons behind pool transactions fees and what are the consequences?

Few days ago I have read this. For people who are too busy I will try to explain what is written there (this is my understanding which might be wrong, so if you think that it is incorrect, please ...
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1answer
277 views

Solo vs Pool mining for new crypto-currencies?

I have a not-so-good miner in terms of mining, like with CPU mining with LTC, it goes to 15 kHash/s which is pretty low. I thought nor pool mining nor solo mining will earn me much when at this ...
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358 views

MMCFE Not Reporting Stats from pushpool/wallet

I spent the last two days setting up a Litecoin Mining Pool and from what I can tell, absolutely everything is setup and working correctly. However, after creating a new worker and connecting to it, I ...
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1answer
2k views

How can I make guiminer use the CPU for mining

I am trying to setup guiminer together with mining.bitcoin.cz . As I am working on a Laptop with an Intel graphic card I am (probably?) unable to use GPU mining. So, just for a test, I tried to run ...
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1answer
98 views

Where is the incentive to update the Merkle root

I've just read the following question Does block size effect Miner's Hashing speed? and it appears that the answer is no - since miners only need to hash the Merkle root. However, updating ...
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1answer
261 views

Do miners have to start over whenever a block is found?

If I understand correctly, each miner selects a set of pending transactions, puts them in a block, and then tries to sign that block. Pooled miners do the same, but the specific set of transactions is ...
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1k views

Pushpool GUI Miner failed to subscribe

I'm trying to setup a pool for me and my friends as a test to start with put i have it all setup but it's not working properly, GUI Miner Console output 2013-03-30 19:08:43: Running command: ...
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2answers
441 views

Mining on Mac OSX

Has anyone successfully set up a miner on Mac OSX? What are the most recent mining clients that will work on my 2011 MacBook Pro? I've tried DiabloMiner and poclbm but can't seem to get them running. ...
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2answers
446 views

Why to mine with a high difficult on PPLNS

I'm trying poolmining ob btc-guild with the cgminer and try to calculate by testing if it is worth it or not. One thing I wondered is: Why should I want to set a high difficult / not the lowest one, ...
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108 views

How many shares will be found for a given hashrate?

Many pools offer a difficulty of 1 per share. Since variable difficulty is a feature of a couple of pools, I'd like to understand how many shares would be created at varying levels of difficulty. ...
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267 views

What software do mining pools run?

I assume they run bitcoind for the network connectivity. But what about for the work allocation?
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378 views

How is 'profitability' calculated on Coinotron?

On the Coinotron, multi-currency pool website, there is a metric posted at the top-right of each page that displays how "profitable" it is to mine a specific currency. How does Coinotron derive this ...
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How can pool operators reduce the number of orphaned blocks that they mine?

Every time a pool mines a orphaned block, that is wasted effort for the pool. In an interest to increase pool efficiency and overall network efficiency, what can a pool do to increase efficiency ...

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