We’re rewarding the question askers & reputations are being recalculated! Read more.

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.

Filter by
Sorted by
Tagged with
1
vote
0answers
12 views

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 ...
1
vote
1answer
73 views

Does getting shares when mining mean that I have earned a reward?

So I have 13 Total Shares (Non Rejected) and my pool is Mining Pool Hub. It does not show that I have gained any Ethereum when I go to Dashboard (Under Ethereum) on Mining Pool Hub. Do accepted shares ...
-1
votes
1answer
43 views

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. ...
1
vote
1answer
24 views

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 "...
1
vote
1answer
31 views

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 ...
3
votes
3answers
95 views

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 ...
1
vote
1answer
29 views

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?
4
votes
2answers
6k views

Do you need to download the entire blockchain in order to mine bitcoins?

Do you need to download the entire blockchain in order to mine bitcoins? I'm downloading bitcoin-qt, and I'm afraid it will take up too much memory on my computer. Also, I just read that when another ...
0
votes
1answer
2k views

Bitcoin Mining on Office Network

I'm a bitcoin novice and i've read a bit about mining. It got me thinking that I could setup our office network to min bitcoin (obviously with permission) We have a centos linux server which is on 24/...
1
vote
3answers
55 views

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.
-1
votes
1answer
1k views

CPUminer minerd output confusion (OLY & crypticpool). How do I get multiple, “yay!!!” in a single block?

I'm a bit confused by the output of my minerd from cpuminer because my understanding is that there is a 3 minute block target time, but somehow I got 4 submitted hashes in less than a minute, and it ...
0
votes
1answer
50 views

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 ...
0
votes
1answer
57 views

I got a coinbase transaction and I don't know where it comes from

I received a small payment from a coinbase transaction, but I haven't been mining nor I have signed up on a mining pool. Does this happen when someone accidentally sets my address instead of theirs ...
0
votes
2answers
97 views

Is there a way that we can report a Bitcoin scam?

Good day Is there a way that we can report a Bitcoin scam? I was recently scammed over R200000 therefore I would like to report the person and the platform to alert people of her fraudulent platform.
1
vote
0answers
40 views

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 ...
3
votes
1answer
70 views

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 ...
0
votes
1answer
23 views

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 ...
0
votes
1answer
269 views

What is the best way to earn money mining Bitcoin?

Simply stated- what is the most cost-efficient way to earn money from mining Bitcoin? I've been a HODL'er since '14 but I recently wanted to deep-dive into mining for fun and was surprised to find ...
1
vote
3answers
308 views

did Satoshi anticipate large pools?

Is there any statement about the design of Bitcoin alluding to dealing with large pools controlling a good part of the network? while it is true that pools can compete and people can "vote" by ...
0
votes
1answer
419 views

What is the pool in Nicehash?

I am new to Bitcoin and recently have invested in bitcoins. I came across Nicehash when I was planning to get into Bitcoin mining. I understand that Nicehash gives you an option to rent hash power for ...
0
votes
1answer
47 views

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>...
0
votes
1answer
59 views

Bitcoin blockchain minner

Q. Is it correct to state that a Bitcoin miner has only two jobs: validating transactions creating a block to add into the blockchain
0
votes
1answer
78 views

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 ...
0
votes
2answers
110 views

Besides greater probablity of discovery, are there other **significant** optimizations a of mining pool?

Besides the benefit of increased attempts, are there any other significant, measurable optimizations that mining pools provide? I'm referring to intrinsic functions such as non-duplication of failed "...
0
votes
2answers
104 views

Is it more dangerous when 51% attack happens than just having a pool with >50% hashrate?

Many people told me that, if a mining pool performs a 51% attack, the price of the coin will drop. But I disagree. There are pools with >50% hash power already for a long time. Flypool is an example....
0
votes
0answers
11 views

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?
39
votes
2answers
11k 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 ...
0
votes
1answer
576 views

Configuring GPU mining with CGminer

I know GPU mining is looked down upon, but I cant afford an ASIC. SO I would like to know how to mine Bitcoin with CGminer using my gpu. Any help would be appreciated. I already am connected to a ...
0
votes
1answer
25 views

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 ...
0
votes
1answer
63 views

Where can I get a visual example of the entire bitcoin network starting from physical network to the overlay network

*Note I am not a technical person so excuse any misunderstandings on my part here. I am looking to get a sense of how the entire system looks like as a whole starting from the physical hardware (such ...
13
votes
6answers
260 views

What would be required to disincentivize mining pools?

Now that mining pools are starting to hit the 51% cusp of total mining power, what would need to happen to the Bitcoin protocol to reduce their success, and encourage distributed mining power over ...
0
votes
1answer
111 views

claymore miner accumulated shares?

I am a complete newbie, just started claymore gpu zcash miner. Has run for 2 days, accumulated shares keep ticking up. No coins yet. But if I close down the pc, and start claymore again, will I have ...
0
votes
2answers
51 views

Could mining centralization be countered by checking if the node connects to many ASICs instead of one?

In a mining pool, many ASICs and GPU/CPU from all around the world connect to the pool's node. Is it possible to force every node's client software to check if a node is connected to just one ...
8
votes
4answers
30k views

Mining behind a proxy and restrictive firewall (only http ports allowed) - possible?

I have a very restrictive firewall with an additional proxy here. Is there a GPU mining tool out there that supports proxy server? The best would be a SSL connection to the mining pool. A long living ...
1
vote
0answers
27 views

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. ...
2
votes
1answer
54 views

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 ...
0
votes
0answers
26 views

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.
1
vote
3answers
537 views

Slushpool Miner Hashrate always Lower than Local Hashrate

A Short Story There is an Antminer server farm I provide support for with over 100 BC servers—mainly S9 and T9 models. There are three specific S9 miners that are side by side right next to each ...
2
votes
2answers
207 views

How do mining pools connect to the Bitcoin network and miners connect to pool?

I couldn't find the answer anywhere so I start a thread. How do mining pools connect to the Bitcoin network to propagate transactions and blocks? Do they run their own full node? If yes, how many of ...
1
vote
1answer
57 views

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 ...
2
votes
1answer
87 views

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 ...
1
vote
1answer
33 views

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?
0
votes
0answers
47 views

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?
1
vote
1answer
43 views

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 ...
4
votes
1answer
3k views

Mining pool hardware and bandwidth requirements

Has anyone measured what are the hardware and bandwidth requirements to run a mining pool? Are there any statistics on that per amount of active miners, their hashspeed and other variables?
1
vote
1answer
282 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 ...
1
vote
3answers
6k views

Is the bitdigger chrome extension fraud?

Today, while I was watching a video on YouTube, I found the video on the bitdigger extension that mine bitcoins with chrome browser. I just want to know if it is fraud or legit? Is it possible to mine ...
1
vote
1answer
66 views

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) + ...
0
votes
2answers
55 views

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 ?