Questions tagged [mining-pools]

This tag should be used for questions referring to 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.

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BITCOIN MINING POOL OPERATION CONCERN

I have contributed Bitcoin into a mining pool that was being promoted on Instagram. The miner of the pool informed me that the process consists of 5 cycles. He set an initial amount of Bitcoin to be ...
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Retrieve my balances

I just recently discovered that i had a GUIminer that i installed in 2012. I also had Bitcoin Core with several wallet.dat files. I have been unsuccessful in running a full node as my computer and ...
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How many zeros must be in a bitcoin share for a pool to accept it?

In the binary representation of the hash. Now the hash should be about 80 zeros. In the share - less, but how much exactly? At the dawn of bitcoin in a share, it was enough to have 32 zeros. Now the ...
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My Bitcoins are lost in transaction

I sent my 0,1 bitcoin on the 8th of Januari from an offline wallet (Bitcoin Core), to an online wallet. Still haven't got the btc in my new wallet. The status on the offline wallet says: ''unconfirmed,...
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Mining pools communicating outside of network

Does anyone know of any papers / evidence of bitcoin mining pools communicating outside of the bitcoin network for financial gain? It seems plausible in practice, but I am not sure if that has ...
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Why stratum's data previous hash has that specific byte ordering?

I am doing some tests to understand the stratum protocol. If I connect to a stratum pool (slush in this case), and check the data I receive after mining.authorize, I get the following previous hash: ...
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Stratum protocol - problem with implementation in python

For a couple of days I'm trying to write simple script in python to communicate with stratum pool server. I'm using simplified code of NightMiner (https://github.com/ricmoo/nightminer/) and some ...
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If I were executing a 51% attack, would I be broadcasting my state of the network to nodes?

In the scenario where an entity has control of greater than 51% of the hash power and wishes to build a longer chain where they double-spend previously confirmed transactions, do they broadcast the ...
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Calculate the hash of mined block using stratum parameters (coinb1, coinb2, xtranonce1…)?

Miners get several parameters from the stratum pool: coinb1, coinb2, xtranonce1, xtranonce2... according to here. I wonder if it is possible to reproduce the hash of one already mined block, but ...
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How to get the pool name from coinbase transaction?

Is it possible to retrieve the name of the pool that mined a block looking at the address in the coinbase transaction? For example, the address in the coinbase transaction of block ...
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mining Blockchain Blocks

What if a miner starts to generate a new block hash based on trans data,latest block hash , timestamp and nonce , then in the middle of the work a new block has been added by another miner. in this ...
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Why does it make sense for mining pools to send empty blocks to miners in Stratum v1?

I am reading the recently released specs of Stratum v1 versus Stratum v2. One of the features is that "it is equally as efficient for pools to send full blocks for miners to begin working on as it is ...
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Can collective mining pools refuse to recognize a mining block mined by a specific miner?

This is a continuation to the question: Can a bitcoin transaction from a specific bitcoin address be banned? (via mining pools). Suppose Satoshi Nakamoto sends bitcoins from one address to another, ...
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Can a bitcoin transaction from a specific bitcoin address be banned? (via mining pools)

Can a bitcoin transaction from a specific bitcoin address be banned? (via mining pools) Suppose Satoshi Nakamoto wants to send some bitcoin from one of his bitcoin address, can the mining pools ...
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Is it profitable to mine Bitcoin on iPhone X? [duplicate]

I'm a newbie to mining, so in just trying to explore our. I wish to know if it's profitable to mint it on iPhone X? What I mean by profitability is making between $1000 - $3000 monthly by mining. ...
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How do i configure two (or more) Antminer S9s on one bitcoin.com account?

I just added a second Antminer S9 to my pool. I've been mining with one S9 and bitcoin.com for about a year. in Antminer-1 configuration I have my bitcoin username in the "Worker" Field / password "...
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how do mining pools expose their stats?

Webistes like https://miningpoolstats.stream/ must communicate with the pools somehow. What protocol do they use to retrieve information such as the pool's hashrate and what blocks have been mined by ...
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Don't miners control who is allowed to make transactions?

Simple question really, considering theres a very small group of miners controlling the chain ATM. Whats to stop them from being forced by the goverment to disallow certain transactions or just mining ...
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How to transfer hash power from one pool to another

Is it possible to transfer hash power from one pool to another? If yes, how?
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when a miner solves the problem in less than one timestamp then what does it do with its extra capacity?

If a miner solves the problem in less than one second then how does it use the extra capacity.
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In a mining pool, how do shares counting works with vardiff?

I was reading this very interesting page: https://slushpool.com/help/hashrate-proof/ I read the "How does the mining and hash rate calculation work?" section and with a fixed difficulty for all ...
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How to determine the geographic distribution of the hashrate?

I would like to map the hashrate distribution geographically, which would require knowing the IP address of the winning miner for each block. According to the paper by Miller et al several aggregator ...
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How can size of a block be significantly small? [duplicate]

As we all know bitcoin block size should be sth about 1MiB. (Some blocks about 2MB). And this is because miners put all transactions to the block every 10 minutes. So what happens technically that ...
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What are the chances bitcoin big mining pools to unite and do 51% attack?

Looking at this bitcoin hash rate distribution chart (https://www.blockchain.com/en/pools), it only takes 3-4 mining pools to unite and do a 51% attack. With this possibility, how can people still ...
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How do create Intermediary between an acic machine and minimg pool?

I need vps Intermediary between asic miner and mining pool ... normal mode : asic miner >> minig pool Required Mode: asic miner >> VPS >> mining pool How can I do this?
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I'm running an antminer solo on my local bitcoind 'pool' will i get paid?

I'm running an antminer 'a' solo on my local bitcoind 'pool' plus an S5. Both are hashing away lovely, but only the S5 goes through bfgminer, 'a' is connected to my bitcoind 'pool' directly . My ...
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Can a block have multiple coinbase transactions? Also is there a limit to the number of signatures a multi-sig transaction has or requires? [closed]

I am wondering if a block can be created with multiple coinbase transactions. The US government regulates mining pools that have control over the miner's wallets, so it would be fabulous if this could ...
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Bitcoin, BTC.com and monitoring double-spend attempts

I'm reading Analysis of hashrate-based double-spending article. On page 10 there's a table listing probability of successful double-spend attack in relation to required number of confirmation. ...
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1answer
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Can a miner give themselves less than the maximum block subsidy if they wish to do so?

The current maximum block subsidy is 12.5 bitcoin. A mined block recently got rejected from full nodes after a miner tried to post the block subsidy as 13.26 bitcoin. But what about in the other ...
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How do I mine BTC using normal home computers if I have multiple computers? [duplicate]

I can get nearly 100s of computer at my place. how can I put them to work so that they can mine for me whenever its active.
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What is a relationship with total hash rate(hash power) and average block generation time?

This chart - hash rate means total hash rate of All minor? I think the most significant factor for difficulty and block generation time is the hash rate of the biggest mining pool not total hash rate ...
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Mining Pools Transactions Fee

I am learning about mining pools and trying to understand their reward structure and transactions fees. Looking at the two largest pools, Antpool & BTC.com, as far as I understand AntPool uses ...
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What is stopping pool managers to fake a miner?

What if a pool manager introduces a miner that is not there and then uses the reward distribution?
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Private Bitcoin Mining Pool

I want to create a private Bitcoin Mining pool on a server, how should I proceed? please let me know if there are any libraries are there which can help?
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Does the pool miners in mining pool receive the same block in case of a fork?

For example there are 2 mining pools A and B and they mined a block in same time. Then, A mining pool got a block that A mining pool mined? Or nodes in mining pool receive independently so they ...
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Is Bech32 transaction on blockchain.info size accurate?

I have made a transaction and paid like 120 sat/B, on blockchain it says that I've paid 78.995 sat/B and noticed that transaction size is 191 (bytes) Transaction size supposed to be: 102 (input) + ...
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311 views

Are there still miners or mining pool which refuse to implement SegWit?

It was well known that initially while SegWit got more than 50% of hashrate after activation that a part of the mining pools refused to implement it. But are there still blocks being mined by miners ...
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How is pool hashrate share name known?

Since it’s not possible to know mining pools nodes addresses, how do we know the that a specific node owing 15% of share belongs to btc.com for example ?
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HashRate After 24 hours reduce

I Have two whatsminner m3x , when I start mining hashRate be 12 , after 24 hours hash rate be between 2 and 3 , and I don't know why?? what I must to do? , my device connect to Slushpool
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How to keep node mining automatically in qt wallet or console wallet

In the qt wallet, manually need to start the mining process in wallet console by giving generate nblock. so is there any other command or solution to automatically mine the block and how to confirm ...
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Startum protocol extranonce2 - where the extraNonce2 comes from

I'm curious where the extraNonce2 comes from in stratum protocol? In the official documentation, I found Extranonce2_size - Represents expected length of extranonce2 which will be generated by the ...
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What keeps mining pools from creating wallets that send transactions only to pool members?

Suppose one of the big mining pools, that holds e.g. 20% of the mining power, creates a wallet software that, by design, sends all transactions only to pool members - and does not relay it to nodes ...
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Stratum protocol - problem with mining.submit method

code was written according to documentation. I have following lines for submit method submit() { // ["<worker.name>", "<jobID>", "<ExtraNonce2>", "<ntime>", "<nonce>...
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How does a full node benefit from receiving a block with a version number in its header?

Block headers are special because they're synced by SPV wallets. They're also part of the mining algorithm used by miners, which can enable controversial things like ASIC boost. However, in the case ...
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Do pool operators usually set block version numbers before their clients hash?

I know that pool operators have the power to modify the actual transactions in a block. I also know that pool operators can decide on block transaction orderings and even commit double spends pretty ...
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What clients use version number “2” and version number “1” in their block headers?

Is Bitcoin Core the only protocol that uses these version numbers? Does anyone know what ABC and Unlimited use? Is there a place where I can see the raw version numbers for each client easily?
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Why dont' nodes change the block version number when the nonce overflows?

After computing 4 billion nonces, the miner is supposed to update the merkle root. Why don't they choose a new nonce and assign it to the block version number and begin again? It would save time and ...
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If transactions are changed in memory how miners know it?

If Alice requests something to bob, then Alice sends her public key and Bob encrypts message by using Alice's key. Bob uses his private key and hash function to make a signature. After finishing this ...
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Can the fees in a coinbase be used to launder Bitcoins?

Generally Bitcoins coming from a coinbase are considered clean as they are newly generated. However while answering this question I realized that mining pools could offer to launder Bitcoins in the ...

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