Timeline for How does one mine a fraction of a bitcoin?
Current License: CC BY-SA 4.0
4 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Jun 24, 2019 at 8:30 | comment | added | MCCCS | A pool operator (that rich person) has a node. The node has a stratum (the mining protocol) end, using which miners (ASICs, FPGAs,... but not other nodes) can connect. The node assigns them templates. The miners try hashing them, and they share the results with the pool. The node publishes the block if the hash is valid for the network. At regular intervals the node sends payouts to miners. | |
| Jun 24, 2019 at 8:19 | comment | added | Abol_Fa | Is/can 'mining pool' implemented/be in the bitcoin protocol or a node with some bitcoins 'hires' a pool of node to the work and then splits the share? | |
| Jun 24, 2019 at 8:16 | vote | accept | Abol_Fa | ||
| Jun 24, 2019 at 8:08 | history | answered | MCCCS | CC BY-SA 4.0 |