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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Mining-your-tx as a Service?

When I'm sending my transaction, it's "competing" with other transactions for being mined. Are there any mining pools with the following service: I'm giving them my address I'm topping up my balance ...
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631 views

Bitcoin Solo Mining with bfgminer

I am trying to do solo mining with bfgminer but it does not seems to be working ./bfgminer --url 127.0.0.1:18443 --user test --pass test On bitcoind logs I can see the request logs 2018-05-14T10:...
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1answer
994 views

How do we know which miner or pool mined a block?

There are websites that talk about each mining pool's total % of hashrate. I think they do that by calculating what % of the last X blocks were mined by a particular miner/pool. But how can we know ...
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Hashes and payment

I’m still learning about mining and all, but there’s one thing I still don’t understand. I was checking out the hashflare site and came across the store where you can buy hashes. What I don’t get it, ...
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Is it possible to get rid of mining pools and therefore get a truly decentralized bitcoin?

There are some criticism that PoW of bitcoin and ethereum protocol suffers from the centralization of mining pools, and dPos such as EOS claimed to be more decentralized in practice than bitcoin and ...
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269 views

Computta stealing bitcoin and behave like its nothing [closed]

Mining with https://computta.com/ I had balance of 0.54+ mBTC, every hour i checked and i have written them down in my book. Suddenly since this week they made my computer balance 0.529 mBTC but on ...
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64 views

Are Bitcoin and Ethereum really de-centralized? Or is federated a better term?

By looking at the bitcoin and ethereum mining pool hashrate distribution I feel that only 5-10 relevant full nodes exist. So it's more like a federated system among those. Am I seeing something wrong ...
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1answer
66 views

Why don't private blockchain networks that do not charge for transactions charge a fee when processing ethereum/ proprietary token on the network?

I ask this questions because there seems to be 2 flavors of blockchain: 1. Public think bitcoin and ethereum. 2. Private hyperledger, SAP Leonaro, etc. The public network charges for transactions to ...
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56 views

Where in the world are blocks mined?

Is there any source of data about where in the world are blocks being mined? Is that data stored for each block?
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307 views

Calculating Hashrate / Threads correlating to Average Block Time

Wondering if anyone can provide some detailed fact based information on how pool mining using Fixed Difficulty affects the probability of N number of shares found over T time given the variables X ...
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103 views

Does a transaction in Bitcoin Mempool reach many miners during mining or only a single miner?

I'm trying to understand the logic around the Mempool. What I understand is a miner will pick transactions based on an incentive given by the sender, i.e. a fee, so that the higher fee, the faster ...
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How to put pool name in a Bitcoin Block?

If someone access blockchain.info, see blocks and Pool name who finded. I want know how sign this? Thanks
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need the stratum url for zpool for sha-256

I'd like to use Zpool with my S9. I need the stratum URL to use for sha-256. They give examples for X11 and Scrypt. For example I could use the following: Bitmain D3 Settings: URL: x11.mine.zpool....
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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 ...
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If the top 6 mining pools started mining empty blocks, what would happen?

I read that it was possible to mine empty blocks, so that miners can still earn when there are no transactions in the network. What would happen if the top mining pools started mining empty blocks ...
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Mining pools like eligius

Can someone provide a list of mining pools like eligius who will accept non standard transactions directly and mine them?
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What resources are required for bitcoin mining? [duplicate]

What resources do I need to mine for bitcoins? Do I need a computer and computer software? Do I need a license to mine for bitcoins?
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What's an example of an ExtraNonce2 value that would be considered invalid?

I've been learning about mining as part of a pool and using the Stratum protocol to submit completed work back to a pool -- https://en.bitcoin.it/wiki/Stratum_mining_protocol . There is this ...
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1answer
490 views

The Legit & Safe—Windows Command Line Miner

I read over the "Is there a command line Bitcoin CPU miner for Windows?" post and GCMiner looked promising for a Windows command line scriptable solution that allows pool mining. I tried downloading ...
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191 views

What's the point of the “clean jobs” parameter in Stratum's “mining.notify” protocol?

As I learn about the Stratum protocol, which allows a mining pool to coordinate work with its workers, I was curious what the "clean jobs" param in the mining.notify method means. Per the spec -- ...
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330 views

Why do I keep getting a connection lost error in Nicehash Bitcoin mining

The algorithm I'm using is daggerhashimoto. At first I thought this was because of my country blocking Bitcoin mining or something, but it doesn't work even if I'm using a VPN (vpnbook.com/freevpn). ...
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1answer
844 views

What is ExtraNonce2?

I'm reading about the Stratum protocol where miners contribute to pools. Specifically there is a "mining.submit" method -- https://en.bitcoin.it/wiki/Stratum_mining_protocol, in which I miner will ...
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3answers
201 views

How do miners send blocks to network peers?

How do miners send blocks to network peers? in array json format, Thus: { "hash":"000000000000000000a7b4999c723ed9f308425708577c76827ade51062e135a", "ver":536870912, "prev_block":"...
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1answer
930 views

Multiple mining pool workers or just one

I asked a question about What is a worker exactly from Antminer Pool Worker field and got an answer to one of the specific questions within stating that you can generally use a worker name over and ...
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506 views

What is a worker exactly from Antminer Pool Worker field

So I see on the What is a worker? post that a worker is "simply an identifier for you to use so that you can track different machines within your account". For someone that just started maintaining ...
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Solo Mining with Diablo-D3 Miner and Stratum

I'm using Diablo-D3 Miner to solo mine for a personal project. I setup Diablo-D3 Miner on my machine but since I do not want to download the entire blockchain (currently, over 200 GB) I decided to go ...
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How often should a mining pool be notifying workers about new work (cancelling current jobs)?

I'm trying to get a handle on the Stratum mining pool protocol. If I set up a mining pool client, I will initially get something to work on. Let's say it takes me a while (e.g. an hour) to solve the ...
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2answers
108 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....
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113 views

Why mining pool has different connections ports for different difficulty

In the documentation of mining pool I found following Connect Details: (Difficulty 5 - GPU) stratum+tcp://stratum.btcprivate.org:3032 (Difficulty 10 - GPU Farm) stratum+tcp://stratum....
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Can a miner not find a share in his work unit?

I understand that a mining pool operator distribute work units at it miners. Is it possible that a miner can find no share in his work unit? If is the case, this mean a miner can work for nothing?
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Does a logical mining pool assign harder and harder difficulty to the same miner?

Although every mining pool can do things differently, I wanted to get a handle on how a logical pool would behave. If a miner joins the pool and solves a hash at a low difficult, submits the result ...
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115 views

Why do pools give rewards to miners who solve problems at a lower difficulty than the network?

I'm trying to understand why a pool would want to give rewards to miners who mine at low difficulty. Please tell me where this logic falls apart. If the network difficulty is a nonce ending in 100 ...
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If miners switched to random pools every hour, would it help the network?

A Miner is using Pool A After 1 hour the Miner closes the mining software and switches to another pool (Pool B) that is randomly selected. Would this be beneficial for the network as the hash power ...
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1answer
432 views

Why mining pools miners need to choose their difficulty?

I read this and this. It said: "The traditional method involves assigning members a work unit comprised of a particular range of nonce, the number that blockchain miners are computing for. Once the ...
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1answer
47 views

Minar cryptocurrencies without software or special hardware [closed]

I know that it is very difficult to mine at the moment without special equipment, but I think in a way, even if it is a hobby, to try to mine either by developing a program in Java or with Excel. I ...
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1answer
373 views

Mining without full node

In my understanding it should be possible to run stratum server over some kinda limited node (the one that doesn't carry whole blockchain) since stratum doesn't need many functions from the daemon... ...
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1answer
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Solving a Block with more than one miner connected to same daemon

Well excuse me in advance if my question sounds funny. But I'm just curious perhaps someone can shed a light. When in a pool of miners, let's say there are 100 miners connected to a single daemon ...
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1answer
608 views

Share difficulty and hashrate

Can anybody explain relations and formulas between mining share difficulty, target and hashrate? Thank you.
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396 views

Is Bitcoin mining pools safe to invest with? [closed]

I happened to follow a few Bitcoin related profiles on Instagram today and within a few hours received about a dozen messages from ppl asking if i wanted s fast secure return up to 5x my investment. ...
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752 views

what is the fastest free way to get at least 1 satoshi

I know CPU mining uses more power than its worth. I know GPU mining uses more power than its worth. Yadda yadda. Regardless, I have a spare server, my home internet is on an unlimited plan, and ...
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1answer
55 views

Second wallet needed to mine BTC?

I am being invited to invest small amount of BTC. I am being asked to create second wallet. Is this legitimate? I am trying to understand the mining process, I did not think one needed to use ...
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2answers
527 views

How do honest mining pools generally divide their rewards?

I've been reading a little about mining pools and the Stratum protocol for requesting work from mining pools and it got me to wondering. How does an honest mining pool divide up rewards? I see that ...
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1answer
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Is it always necessary to be in the pool with the most miners joining to have the most profitable mining pool?

I realise that opinion on a specific pool is subjective and prone to change. My question: If I am in pool A and additional miners join then my share in the pool is reduced proportionately. ...
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If I received two blocks at the same time, which one should I choose to mine the next block?

Is the situation could happend? If true, What's the role? Is the Bitcoin pick one block randomly?
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419 views

Consider Bitcoin Price goes down to $3000, what will be the effect on miners (will they stop mining) and the affect on difficulty to mine a Bitcoin?

Over a set period of time (around 10 mins for BTC), a number of transactions are compiled into a block by a miner, and then the block is verified on the general ledger and added to the list of blocks ...
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1answer
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Can multiple small graphic card memory collect more mining hash rate

If I set multiple 3GB GTX 1060 , It can generate more hash rate than single GTX 1070 6GB. Can I still mining ETH by this 3 Gb cards when the bloCk size of eth is over 3 Gb. EXPLAIN ME.
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166 views

How does a mining pool coordinate with different Javascript clients?

I've been reading a little about those web sites taht surreptitiously had Javascript running on the page that is mining cryptocurrency. How do those pieces of JS work code generally? Specifically ...
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4k views

Is RPC Miner still the preferred BTC mining software for a Mac?

I'd like to get a sense of how impossible it is to mine BTC as part of a pool on a MacBook Pro. I figured there was some mining software out there but Uncle Google only showed some stuff from 2013. ...
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Change in hash rate fraction of mining pools

There are pages that show how the cumulative hash rate of network changes over time however, I wasn't able to find any that shows how hash rate fraction of pools change over time. Is there a page that ...
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2answers
130 views

How does mining work on the moving target (variables change every second)?

In bitcoin, miners hash the header twice with the SHA256 function. This header consists of the fields listed below: version (v) previousHashBlock (p) merkleRoot (m) time (t) difficulty (d) nonce (n) ...

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