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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36
votes
1answer
34k views

What are the bandwidth requirements of a mining rig?

How much bandwidth consumption can I expect per 900 Mhash/s rig (for instance) for both pooled and solo scenarios? I'm looking for a ballpark number for the on going requirements, after the initial ...
31
votes
2answers
2k views

Do mining pools centralize the Bitcoin network and make it less secure?

A mining pool with a significant percentage of the hash rate could allow double spend attacks by the pool manager. There are a number of pools that approach this level. However, most people say that a ...
9
votes
1answer
566 views

How do I find the hash “market share” of P2Pool?

P2Pool is a peer to peer mining pool, offering some advantages over centralized pools: There is no central node to take down (assuming the pool is indeed fully decentralized). Pools have suffered ...
16
votes
5answers
4k views

How can P2Pool charge a fee?

P2Pool is an open source peer to peer mining pool. It currently charges a fee of 0.5%. Is it possible to just fork P2Pool protocol and eliminate the fee? Has this been done? If so, how can P2Pool ...
14
votes
3answers
1k views

Eligius pool and 'generated' bitcoins

I mine at Eligius pool and sometimes a new transaction appears in my bitcoin client labeled 'Generated'. Why does this happen? Do I also get these 'Generated' bitcoins if I use an e-wallet's address ...
14
votes
1answer
3k views

What is a Mining Pool, what is it good for?

What advantages / disadvantages does it offer over solo mining?
18
votes
4answers
7k views

How can one embed custom data in block headers?

Some mining pool admins put custom data in block headers, like prayers. How do they do that? Where can I see that data for myself?

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