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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What are the pool node mining difficulty settings for darkcoin?
What are the correct difficulty ssettings to mine darkcoin on a private pool node (pool side settings as shown below)?
"diff": 0
"minDiff": 0
"maxDiff": 0
"targetTime": 0
"retargetTime": 0
"...
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1
answer
434
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Can bitcoin pools set a different difficulty value other than the network difficulty
I would like to know if bitcoin pools can give a different difficulty value other than the network difficulty or is the network difficulty the same for everybody
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296
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How accurate should pool estimation of hashing speed be?
I'm playing around with a few USB miners, and am running 4 of them for a total of 4.6 GH/s. My BTCGuild dashboard estimation is all over the place, sometimes 1 GH/s, sometimes as high as 3.8 GH/s. ...
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1
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Do Bitcoin calculators give a realistic figure on pool mining
Bitcoin calculators give an approximate correct range reward for solo mining, do they include pools, accounting your Hash rate reward share. I have not seen any pool calculators around, nevertheless ...
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1
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Antminer S1, how to mine on multiple pools
I have an ant s1 and I want to mine on 3 pools. We can set them in the miner configuration but the antminer use only the first one. I guess it will use the second then the third one in case of ...
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1
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438
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Is there an easy explanation to understand the different types of pools
I would like know if there is an easy explanation on all the different pool systems, their reward systems and how fast they pay without being referred to the Meni Rosenfeld paper
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How does estimated coins calculated on Coinotron?
On 'Cointron' their is wallet table after logged in into the site, how they calculate estimated coins per day, estimated rewards, confirmed rewards and unconfirmed rewards?
How does Coinotron derive ...
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0
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Share is above target when switching between stratums
I'm running a pool for some friends and myself, where we mine both dogecoin and litecoin (and occasionaly some other flavor of the day).
The farms are pointing to a simple proxy: a C daemon that is ...
2
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1
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what is the difference between a private pool or solo mining
I would like to understand if there is a difference in resolving blocks with a private pool and solo mining, I understand that when solo mining you are given a block to resolve but within your private ...
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1
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Are pools share rewards equivalent to the power/hash rate input of a mining machine
I would like to know if I enter a pool and I input a given amount of Hash rate, is my share reward equivalent to my Hash rate input
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Are there any mining pools that publish what transactions they will include?
If some large number of the mining pools started publishing what transactions they are planning on including the danger of accepting a zero confirmation transaction would be reduced dramatically.
Has ...
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1
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3k
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Is there a cudaminer difficulty parameter option
I try to mine some btc using cudaminer on cex.io.
I'm using cudaminer for that. I have a lot 'low' rejected shares due to low difficulty (On the ghash.io they say the minimum stratum difficulty is 16)....
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1
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Solving a block and share relationship [pool mining]
I have a somewhat odd question. I am currently pool mining and it is telling me my best share and the difficulty (this is an altcoin but same question applies). My miner is telling me my best share ...
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1
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Why do some pools require a worker name with an underscore and others require a period?
The majority of pools I see that they use a period such that:
username.workername
others use:
username_workename
I see that it definitely is not interchangeable. How come some pools use ...
6
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1
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BFGMiner vs. CGMiner
What is the difference between BFGMiner and CGMiner in Laymen's terms?
Also, the longterm outcome will be exactly the same if mining is done with or without a pool, correct?
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I have 8 Antminers, is there a way I could change their pool credentials all at the same time like through ssh with a script
As title says, I have 8 identical mining machines I just want to be able to point them at the same pool all at once, is this possible with a combination of python and ssh? If someone else already ...
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Workers aren't showing up in ghash.io
Im using cgminer 3.7.2 and I'm mining at ~77Mh/s in the ghash.io pool. I go to the worker list at the ghash website but nothing shows up. At the ghash main page it shows that I'm mining the blocks but ...
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1
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Please help, stuck at static 24Mhash/s? [duplicate]
I'm fairly new to mining bitcoin, but I have read that using GPU can help improve performance. I currently am using GUIMiner (latest version) running on an OpenCL back-end but when I choose to use my ...
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4
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526
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isn't miner collusion rational?
suppose for the sake of argument that each individual miner has the same amount of hashing power of one hash per unit of time (a "tick").
the probability that a miner solves their block in the next ...
4
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1
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How widespread is OP_RETURN forwarding and mining (as of February 2014)?
As of now (February 2014), how easy is it to have a transaction which makes use of OP_RETURN data confirmed into a block?
Do standard nodes forward such transactions yet? Have major mining pools ...
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3
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Does a miner (or mining pool) who has 10x as much hashing power have 10x the odds of mining a block?
I heard somewhere that joining a mining pool logarithmically increases your odds of mining a block.. is that for some reason true? Or was it someone who didn't know what they were talking about and ...
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How do mining pools work?
I understand the following
Pooled mining is a mining approach where multiple generating clients
contribute to the generation of a block, and then split the block
reward according the ...
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1
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Ignoring the difficulty set by the pool
Scenario:
The pool sends a mining.set_difficulty message with difficulty = 8.
The miner ignores the message and submits shares that qualify at
difficulty = 1.
Most shares will be rejected by the pool ...
2
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1
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1k
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How to connect my mining pool to another mining pool
What are some ways to connect my mining pool to another mining pool without altering any settings on the miners?
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Mining bitcoin using cudaminer?
I have started mining using an nvidia gtx 670m GPU. I have compiled cudaminer and started mining on the slush pool. However, during mining I always get results similar to:
accepted: 0/X (0.00%), xx....
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Entry point hardware for profitable mining [closed]
A) Which hardware
B) Which GH/s level
will be profitable for
1) Pool mining
2) Solo mining
Bitcoins as of February 2014?
Links to sources where information can be checked over time will be great, ...
2
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2
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Mining with BFL at 440 GHS over 24 Hours and no bitcoin?
Is this even possible. I have been mining for about a month now, steadily building up my machines. When the big daddy from BFL comes (and the 230 is fixed) I will be mining at 1.2 THS. I have never ...
2
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1
answer
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Is it legal to start a Litecoin mining pool in the US?
My question is this: Given all the regulations in the USA, is it legal for me to start my own litecoin mining pool here in the US?
2
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1
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What happens on my computer when I mine in a pool?
When I mine in a pool, I see the number of shares and stale ones. What does this mean? What is a share? What the guiminer (the mining program) receives and what it sends? It sends it to whom? How the ...
2
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2
answers
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When running a mining pool how many (super)nodes should I connect to?
Is it beneficial to connect your *coind instance to multiple supernodes? Or Should I connect to more than the 8 standard peers? Does this potentially improve the amount that could be earned in ...
2
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1
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USB hub busy when mining Peercoin with Red Fury ASIC running Minepeon
I have a RasPI running minepeon 0.2.5, a DLINK USB Hub and a Red Fury USB ASIC Bitcoin Miner 2.2-2.7GH/Sec By BITFURY
I've added my pool https://ppcoin.d7.lt/ and things looked good except nothing is ...
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How can I configure to solo-mine, and use a mining-pool as failover?
cgminer can be configured to have multiple pools.
Is there a way, to have as first entry my private wallet, and as second entry a public mining-pool?
Doing so gives strange output:
[2014-01-29 12:...
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1
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Why does pool latency matter?
I often read about latency and ping.
I am programmer and I understand what latency and ping is.
But I do not understand why miner can't process block with certain delay.
Why do 10ms or 100ms matter?
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2
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What is a worker?
Lots of cryptocoin sites and in particular mining pools use the term 'worker,' but there is no clear definition. What is a worker?
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Why doesn't the number of shares in my miner match the number of shares reported by my pool?
It was my understanding that I have found a share, when the miner reports accepted:...(yay).
However, the number of shares I'm being credited with in my pool is much lower than the number in the ...
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Stratum + MPOS pool question
This is the first pool I have configured so forgive my n00bness.
https://github.com/MPOS/php-mpos/wiki/Quick-Start-Guide
I completed the guide and everything appears to fire up correctly though when a ...
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2
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526
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no schema for stratum
I am trying to bring up stratum mining on a pool and get this error -> exceptions.Exception: There is no shares table. Have you imported the schema? Obviously my database is empty but no package I ...
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Questions about Bitcoin mining hardware and in pools [closed]
I have recently found out about Bitcoin, and as I read more and found about about hardware and stuff, I thought of a lot of questions.
So Butterfly Labs has Bitcoin mining hardware, and I was ...
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1
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What does "new block detected on network before long poll" mean?
I'm new to mining and I'm mining doge coins. My mining client reported
new block detected on network before longpoll
but it doesn't seem like I'm actually mining anything. What does this mean?
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1
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Understanding Shares in Pool Mining
I just started mining today at Dogechain pool. I wanted to see what mining was like, so I'm only using minerd with my CPU. I don't expect a lot until I get a GPU rig going, but something doesn't seem ...
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1
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Merged mining scrypt coins [duplicate]
I've been reading around the last day or so on merged mining for coins, in specific scrypt coins but there seems to be conflicting answers, can someone let me know which of the following is correct
a)...
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1
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Bitminter Blocks: why didn't my balance change? [closed]
I recently started mining in BitMinter's Pool. I realized I had 10 proof of works accepted by the server, but my balance didn't change. What am I missing?
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0
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mining pool with eloipool, fires up port but cannot connect
I am trying to get eloipool up and running in a solo mining configuration using this installation https://bitcointalk.org/index.php?topic=158105.0 eolipool starts up error free but clients cannot ...
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2
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Can I write my own pool software by using bitcoin API?
Theoretically speaking, if I know programming (C,C++,C# etc.) can I write my own mining pool software/server using only Bitcoin API or I need more information than that?
https://en.bitcoin.it/wiki/...
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Is it safe to share my BTCGuild API key?
Is there any risk in sharing my BTCGuild API key with someone else? I want them to be able to see my hashing rate but I want to make sure it's not a bad idea or unsafe in anyway.
For example using ...
22
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2
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What is the format of the coinbase transaction?
I'm trying to understand the format of the coinbase transaction. I've read that it is arbitrary and not specified. I'm wondering because I need to generate mining work and create an internal pool. As ...
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1
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How do I run Separate Mining Devices With BFGMINER?
I have 2 devices plug into my computer.
The 1st device is the USB block erupter.
The 2nd device is the BFL machine.
When I run the BFGminer, I only want one device to mine at one pool and the other ...
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0
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Bfgminer 3.10.0 not submitting shares (scrypt) [closed]
Running bfgminer and notice that it is not submitting any shares to the p2pool.
Mining a scrypt based crypto currency (Dogecoin). Noticed the same behavior when trying to mine litecoin.
However, ...
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1
answer
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0 Payout at litecoin pool with a processing power of 1.6 Mh/s. Why?
Recently I managed to get my hands on 10 servers with 32 cores each and 128GB ram each. I realised that in 10 hours of working at 100% I had mined exactly 0 litecoins using a p2pool. I think it's ...
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1
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In Stratum protocol, whether the miners know the mining address?
In Stratum protocol, since the coinbase transaction has to be hashed in the miner's side, so the pool has to send coinbase1 and coinbase2 to the miners. Therefore, is it possible for the miner to ...