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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testnet pay per share mining pools

I was wondering if there are any testnet mining pools that are active, or is all of the current hash power on testnet (about 3 Th/s) all from solo miners. I would like to be able to get a bit of ...
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23 views

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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17 views

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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40 views

Why P2Pool fails to attract more users and other pools surpassed it?

Some people say that mining pool are going to violate the distributed principle of Bitcoin and make it more centralize. So why totally distributed pools such as P2Pool have not attract more users? I ...
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59 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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112 views

How to connect to antpool

So I'm using an antminer s3. I have been on btc guild for about a week. Today they announce they are closing. So I looked around and figured I would join antpool. The problem is when I changed all ...
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32 views

why to use blocknotify script, even if we can check for “share is block candidate” using target compare?

i have some complicate situation in altcoin wallet that wallet shows new block found with reward , but pool not show block found. could it be a reason that i not use block notify script. but checking ...
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2answers
54 views

Does there exist any cryptocurrency that doesn't tend to centralization?

All PoW schemes tend to concentrate miners in pools to have a more steady income for the miners, while the major PoS coins, such as NXT, also end up concentrating the stake because of leasing. But, ...
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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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17 views

How do pools determine a pool-user's hashrate? [duplicate]

How do pools determine a pool-user's hashrate? It seems they would base it on the particular user's difficulty or rate of accepted shares.
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25 views

what is the real formula to calculate difficulty of share received from miner with params(nonce,ntime,target,diff1)?

how can i calculate share difficulty? i have higher share difficulty value issue at this calculation. using coiniumserv pool. ...
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36 views

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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61 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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255 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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50 views

Pool that seems to be stuck on a block

I'm running a Litecoin pool that seems like it might be stuck on a particular block... it's been working fine all along but is currently at like 312% Of Expected Shares, I've checked the cron jobs and ...
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1answer
928 views

Slush's pool worker offline

I'm new to mining, and using GUI miner on windows 7 AMD APU A-Series. I set it up today, put in my username.workername and put in stratum.bitcoin.cz as the host, and 3333 as the port. It says I'm ...
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47 views

Is it possible to identify mining pools?

I am doing research on Selfish Mining in Bitcoin. Here is the article http://hackingdistributed.com/2013/11/04/bitcoin-is-broken/ I wanted to know is there a way to identify minining pools? I wanted ...
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32 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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1answer
80 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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192 views

BTC/hashes/second rates for various pools

Do all pools have the same average BTC/hashes/second rates (for individual members of the pool)? For example, this profitability calculator says 4 Th/s hash rates will produce 0.04 BTC per day, yet ...
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32 views

Is there a list of NXT Forging Pools for mining? And what is a feasible amount to mine/forge with?

Is there a list of NXT forging pools that are active with large amount of forgers? Which one is the most popular? Also what is a feasible amount to forge/mine with?
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86 views

“block decode failed” error while mining in pool

I just started solo mining last month, and I have no problems with cgminer. I have already shares accepted and sometimes new block detected. I want to know why when I want decode I've an error? For ...
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129 views

Simultaneously Solo and Pool Mining

It's possible to send shares both to a localhost GBT "pool" (e.g., Bitcoin Core's) and to a remote Stratum pool.* Now, if I discover a block, won't both my localhost GBT "pool" and the remote pool ...
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268 views

How Do I create a Mining Pool for an Altcoin?

I made an altcoin using coincreator.net , but I can only mine it on an underpowered windows computer. I was wanting to make a pool so that my friends and I could mine it together from a Windows or a ...
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47 views

How much is known about mining pools' transaction fee policies?

We know that as of today in Bitcoin Core v0.10.0, the default value of minrelaytxfee is 1000 satoshis, and CreateNewBlock in miner.cpp uses this value as the minimum fee rate threshold in order for a ...
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3answers
392 views

How do I make a profit buying cloud-hashing contracts?

I have tried one of the hashpower selling/buying website (nicehash) to buy hashpower. I have connected my order to a pool where I had one worker. However, despite all the advertisements, I could not ...
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71 views

Best p2pool software

I'm pretty new to Bitcoin. This will be my second question at this site and I'll try to make it less verbose than the first while still containing what seems to be important detail. I'm still in the ...
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1answer
127 views

Can someone explain in detail how p2pool payout works?

From reading the wiki on https://en.bitcoin.it/wiki/P2Pool#Donating_to_P2Pool_miners I got the impression that the pool members included each of the share payments directly in the coinbase generation ...
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1answer
165 views

How to set up for merged mining

I plan to eventually add litecoin, Dogecoin, and possibly some other scrypt merged-minable coins to my pool. Are there any tutorials or other information available that would show me how to set my ...
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1answer
65 views

What are bitcoin/altcoin block notifications?

While setting up a private nomp mining pool as a learning project, The instructions recommended setting up block notify. What are block notifications?
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65 views

LTC Pool With Friends?

Is there a way I could set up my LTC mining pool so that my friends could join? I've been having really good luck lately!
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2answers
535 views

How is it that concurrent miners do not subvert each other's work?

Every time a new block is added on top of block chain, the miners have to restart their work because the next block has to have a proper reference to previous block. Let's suppose that there is some ...
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1answer
101 views

Any supervisory power on earth to ensure that Bitcoin system will remain resilient if hashing conditions change rapidly?

Assume that Bitcoin value versus the “fiat money” is of great significance and imagine suddenly discounted by 50% or more, the current pools are not in money any more, stop hashing. The current ...
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10 views

Selling shares in bitcoin pools [duplicate]

What is the system that prevents that a miner "sell" the same share that he has found to many different bitcoin pools. And another question is, if while mining to find shares he happens to find a ...
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1answer
122 views

How to start mining pool? [duplicate]

Can I start p2pool in shared hosting? If yes, how to install p2pool ? I am newbe in this field. What are the pre-requirement for starting pool business ? Which is best script for pool ? Github is ...
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1answer
98 views

How often do miners update their block transaction list?

Assuming an interval where no block is found, do we know how often the typical miner updates his block transaction list with new transactions from the mempool? I found a reference which suggests that ...
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2answers
124 views

Is this a problem that a pool found 6 consecutive blocks?

Check this out: The pool will not make the 51% attack of course, for they are counting money on the system; but it's still a problem right?
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63 views

Splitting hashpower over multiple pools

Is it possible to split the mining hashpower of a rented mining rig over multiple pools simultaneously? Say, I rent a scrypt mining power of 5 Mh/s. What I want to do is point that rig to a stratum ...
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119 views

What is the latest and easiest to following guide to multipool mining with a Nvidia Geforce GT 730M?

I have a built in graphics card on my thinkpad Geforce GT 730M, I know its not all that great, but I'm usually on this thing at work for at least 8 hours a day. I want to be able to at least monetize ...
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1answer
67 views

Does bitcoin-qt support mining in a pool?

I am having difficulty getting guiminer to share a pool with me but if I mine on bitcoin-qt -gen 1 it starts hashing straight away. So I'd like to know if the official bitcoin client supports pooling? ...
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178 views

GUIMiner not moving from 'Connecting…'

I've setup bitcoin core, guiminer on my windows 7 intel i7 laptop just to see how things work. As there's no dedicated graphics card I just installed the OpenCL driver for the CPU, joined slush's pool ...
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1answer
328 views

How do I join a NXT mining forging pool? And how do I register for payouts from the pool?

I found the following pool: http://pool.nxtcrypto.org/howto.html But I'm a bit unclear on these instructions: To claim your earnings, simply send an AM (can be empty or put whatever you want in ...
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1answer
80 views

Bitminter - no rewards when more work was done?

Very new to this concept, why would something like this occur on Bitminter's pool? Completed Duration Difficulty Pay/Hour at 1 TH/s Total Thps Your Ghps Your work 2014-10-25 15:02 1h 46m ...
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2answers
243 views

Do Bitcoins mined in a pool automatically transfer to your wallet?

I've installed the GUIMiner app and the Multibit app. I am in a mining pool, and I have about 17 shares thus far. Do the Bitcoins transfer to my MultBit wallet automatically or do I need to do it ...
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1answer
165 views

Is multi-PPS the correct solution to the mining centralization problem?

See this post. Meni believes that this could be the correct solution to the mining pool centralization problem, and that are no known drawbacks. There is some work that needs to be done to write, test ...
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1answer
226 views

Is it possible to mine with core duo cpu 2.4 ghz? [closed]

My PC details: Processor: Intel(R) Core(TM)2 Duo CPU T8300 @ 2.4GHz 2.4GHz Installed Memory(RAM): 4GB DRAM Video Card GPU: Mobile Intel(R) 965 Express Chipset Family Could you please ...
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2answers
83 views

Total number of Bitcoins generated by pool mining

Hi I'm doing some research regarding bitcoins and pool mining, however I couldn't find the following information online. Total number of Bitcoins generated so far by pool mining and how many miners ...
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1answer
199 views

P2Pool still worth mining?

Folks, I've been mining with a locally setup p2pool setup using bitcoind v0.9.0rc1-beta, p2pool version 13.4-14-g7aa75ce-dirty and bfgminer on another host. Been mining for about 7 months with 6GH ...
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1answer
310 views

Getting transactions and time from Block Chain Info Api

I want to fetch transactions for an address from the following api: https://blockchain.info/address/$btc_address?format=json The thing is understanding the json returned from the api, I don't ...
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1answer
263 views

Which bitcoin miner ASIC can use without leave power on computer?

after search and read a lot of bitcoin miner posts in the web, yet I have one doubt before buy bitcoin hardware... I have read about ASIC Hardware of ButterFly Labs, Avalon, Knc, USB Erupter and ...