Questions tagged [mining-pools]
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. Use this tag when specifically asking about operating a mining pool or about pooled mining but not other forms of mining.
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How does Ocean’s TIDES payout scheme work?
This week a new mining pool "Ocean" was announced. The mining pool uses a payout scheme called Transparent Index of Distinct Extended Shares (TIDES). The Ocean website describes the scheme ...
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If you have the required mining power, is it possible to mine your transaction in the next block without propagating it to the network?
Let's imagine that you have 51% of all mining power. Is it possible to put a single transaction in the next block without putting it into the mempool and/or propagating the tx to the other peers ...
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Can the two biggest bitcoin mining pools lock out all others?
I just noticed that the two biggest bitcoin mining pools already have more than 52.5% of the hashing power (as of 11/12/23 Foundry USA had 27,7% and AntPool 24.88%) and am wondering about the ...
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Bitcoin Stratum Protocol Implementation In Python
First of all, I am very new to Bitcoin mining and using Python to learn Bitcoin mining for educational purpose. I am using AntPool for pool connection.
When I send mining.subscribe request, it returns ...
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Preventing workers bad behavior
In a mining pool where rewards are distributed according to the fraction of hashrate contributed to the pool, could a miner misbehave trying cheating in some way? And are there strategies to prevent ...
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Is it possible to mine bitcoin in a trustless way with a Pool?
Some context
As far as I understand there are two ways in which an individual (or a company) can mine Bitcoin:
Solo: if one has enough hashrate to secure a block often enough to pay for the ...
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What prevents a faster, better-connected node stealing a miner's block solution?
Some questions already adressed similar issues (preventing fraud in a mining pool, what prevents a pool miner for stealing an entire block) but my question is different from those, if I understand ...
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Stratum V2 incentives?
I am wondering about the prospects of resolving increasing mining pool centralization. What is the incentive for miners and pools to support Stratum V2?
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Block Health at 94.82%, why do nodes accept this?
I see that Binance Pool has a Block Health of 94.82% (Block 795364).
Why do Nodes accept blocks that have so many intentionally excluded transactions?
Isn't that against the Bitcoin ethos in a sense ...
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How do I get to the bitcoin mining website, I have funds in my account that I need to withdraw! [closed]
How do I get to the website for Bitcoin mining I need to withdraw my bitcoins !!
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Bitcoin Mining Pools Centralization
I read a couple of articles and watched some YouTube videos, but couldn't find a super convincing argument for why centralized mining pools are not a huge issue. I get that from a Game Theory ...
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How is it resolved when two miners find the block at the same time?
I am new in this world and I am trying to understand some simple concept of Blockchain and the propagation of transaction.
Let say that a transaction x is made so from what i understand until now this ...
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Withdrawal from Bitcoin bonus [duplicate]
Bitcoin bonus keeps emailing me over and over sayn I gt 30000 dollars to be withdraw but I gotta pay 64 dollars to get my funds why they can't take the 64 dollars out the money and then send it it's ...
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Bitcoin mining in 2011 recovery
Help me to understand. in 2011 he tried to mine bitcoin. I can't remember exactly how I did it. I accidentally found these folders where did I get them from and what should I do with them?
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How does stratum v2 work?
I want to know how much independence miners have when they join a pool. Do the individual miners create the block headers and choose which transactions to include in their block or is the block just ...
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Mining Bitcoin with scrypt, what will happen.. i
What will happen if we mine bitcoin with scrypt algorithm... I tried with it by connecting to a bitcoin pool, with cgminer and it shows new block detected messages..
And what will happen if, I mine ...
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Are they using me to mine? [duplicate]
Upon going to bitcoin bonus it takes awhile to load stating it's collecting my recent "transactions". Are they in fact using me to mine by sampling being gullible and opening the site all ...
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Mining with multiple pools
Miners pool their hashpower together to reduce payout variance. The larger the pool, the lower the variance, which unfortunately incentivizes centralization. Today, over 50% of the total hashrate is ...
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Bitcoin mining on android
Most Bitcoin mining sites on Android either shut down or become unable to withdraw after a while.
Could there be a real mining site on android or is there a functioning one yet?
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Are pool provided merkle branches trustable?
I'm a beginner is this field. Can someone explain to me how mining pool provided merkle branches are valid?
Normally, when we make the root, it starts from top to bottom, a single change in order can ...
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Has anybody ever got email in their doc saying they have funds from BTC Bitcoin bonus giveaway [duplicate]
So I got an email from in my docs saying that I had to go to this page and I had all mining earnimgs everything that I hadn't withdrawed from a year ago on on a platform I let them use my IP to mine ...
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How to estimate pool hashrates based on the number of blocks they have found?
What is the formula used to estimate the pool hashrate based on the number of blocks found by that pool? For example, Braiins provides an estimated hashrate that is calculated based on the amount of ...
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Can you infer the geolocation of a stratum server from its address?
Is it possible to determine the geolocation of a bitcoin mining pool's stratum server address? For instance, Antpool has a server with the address stratum.antpool.com:3333.
See: https://help.antpool....
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How are transaction fees split in the network?
How are transaction fees split in the network, do all the transaction fees go directly to the miner or is there any kind of percentage of fee allocation to peers/validators for relaying transactions ...
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Where on the web can I find a Stratum protocol specification document?
I am writing my own mining pool server for Bitcoin and would like to work with a detailed and complete specification document for the Stratum protocol. There are documents on the web that casually ...
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What are the incentives behind mining different coins (i.e., profit-switching)?
Consider for example BTC and BCH (and possibly BSV) that are coins with significant market capitalization and share the same algorithm (SHA-256). We observe:
(i) Large miners (or mining pools) divide ...
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Why would users want to submit a transaction directly to a specific miner?
I am wondering why some users are interested to send their Bitcoin transactions to a specific miner? This should increase the delay because of waiting for the specific miner to win.
Are there any ...
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What are bitcoin Pool APIs?
I contacted a website and asked them where they get their data for crypto like Bitcoin, as I am trying to find the place for the most up to date and reliable data on Bitcoin and other crypto. They had ...
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When do miners add a new block to blockchain?
I'm a bit new to blockchain and I am trying to understand.
As I understand when a new transaction happens it's added to a mining pool and miners prioritize these transactions (for example by amount of ...
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do miner hashrates vary during block production?
When a block is mined, the remaining mempool txs can be mined into a new block.
Is there a difference in blocktime between accepting all streaming mempool txs into the mining block and sticking with ...
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Is there a way to know how good a miner is choosing its transanctions to be mined from a fee maximization point of view?
Well, this is the way I've tried:
When a mined block arrives to my node, I compare it against a transaction selection algorithm using my mempool. (I know my mempool it's different than the miner's one,...
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Are mining pools scalable? Can you split the block reward across a very large number of pool members?
Let's assume the number of individuals that join mining pools grows by a lot. Let's say we have one mining pool with 50,000 members. The pool is successful and receives a block reward. The next step ...
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Can someone explain easily what pool-hopping is and explain proportional system? [duplicate]
I've been reading several articles but still can't understand the concept of pool-hopping. How are the shares distributed in the proportional method that is vulnerable against pool hopping? How are ...
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Whatever happened to Bitcoin miners mining additional coins in combination with Bitcoin mining like pre-2015?
Back in the early days of Bitcoin mining, many people were dual mining namecoin with bitcoin and some other coins. Why don't we hear anymore of this dual mining functionality in 2021+?
What were some ...
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What's the point for mining pools to set a higher target?
I'm reading the Mastering Bitcoin 10th chapter, and quote
Similarly, a mining pool will set a (higher and easier) pool target that will ensure that an individual pool miner can find block header ...
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What would happen when transaction and orphan pools is full?
Since mining nodes has memory limitations, what would happen if transaction and orphan pools is full?
If the nodes need to drop certain transactions, how does the nodes choose which transaction to ...
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Why are miners setting the locktime in coinbase transactions?
Some coinbase transactions have locktime values set. One such recent example is:
{
"txid": "5166cb509a5d786db33963a269ea08ff82a1c40d37d4fb828a394b0465cd5efd",
"hash": ...
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Information available to bitcoin miners in processing transactions
I'm very new to Bitcoin, and in my learning process I came across this site:
https://mempool.observer/
which shows the varying amounts of unconfirmed transactions waiting to be mined. I'm learning ...
user128105
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How bitcoin miners choose timestamp in block header when mining?
I did a statistic about the difference between the first announcement time in the network and the timestamp in block header for blocks within 2020. Surprisingly, most (93%) differences are less than ...
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I've built a bitcoin miner and mined. Now what I do?
I've mined bitcoin to test and understand cryptocurrency better. Which generated this hash 00000431fb66ed96815b3829e975c2235a64b9a646c0bd1cc526dc1727c1f16b(nonce value of 300712) What I do with this ...
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How can i find out if i am part of a mining pool is it possible by entering ip into any commands in console,
In my wallet.dat i have various encrypted data suggesting that i am some part of a pool would there be any way of finding out ,via ip/node/commands.
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Communicating with mining pools
if I designed my own ASIC machine, what is the easiest way to connect it with the mining pool? I was searching but couldn't find any pool that has an API to communicate.
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How do mining pools ensure pool members don't cheat?
If I understand well, when being part of a pool, you are asking to solve problems that are easier than the real one, typically finding a hash starting with n zeros instead of n+1 or something.
And you ...
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Questions on Merkle root hashing for Stratum pools
These questions are partially inspired from this post on Merkle root hashing by pool operators. My understanding is that for Stratum mining the only hashing the pool has to do is produce the Merkle ...
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What hardware do pool operators use for calculating the hashmerkleroot?
I've reviewed the response here: How do pool operators do their hashing? and acknowledge that the ratio of hashing required by pool operators is incomparable to the miners.
I still wonder what ...
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Some questions about specifics on bitcoin mining
Most people mine bitcoin by launching a software on their PC or buying a special miner, both of which abstract out the nitty-gritty of how the mining process work. I am curious however about some ...
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Can Miners spend the data-insertion amount?
I am wondering if a Miner can spend the amount mentioned in a data-insertion transaction for herself?
And what is the incentive for Miners to confirm data-insertion transactions?
Thank you
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Solo mining: Stratum from pool 0 detected new block at height
I'm using ckpool which is a solo Bitcoin "pool". If I see this message
"Stratum from pool 0 detected new block at height"
what does that mean in the context of a solo pool?
In ...
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What are miners signalling for when the block header nversion field ends in 4 i.e. 0x3fffe004?
I've been researching into Overt (Version rolling) ASICBoost and tracking some of the latest mined blocks on https://asicboost.dance.
I've noticed that all recently mined blocks have the version ...
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Why is my target different from a miner?
I'm developing a miner to study how mining works and I've connected it to a pool using Stratum. When I use the bits provided by the pool to calculate the target, it is different from the miner that I ...
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