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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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3answers
4k views

worker showing offline in nanopool my rig shows it is hashing. Need help please!

I am using nanopool and it did work after initial start up. I rebooted the rig and now my worker is offline. I am hashing and connected ot pool1 us-pool pool2 eu-pool. Has anyone else had this ...
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5answers
178 views

Why would you need a mining pool?

Why didn't the creator didn't manage to allow people to be able to mine without needing a mining pool ?
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1answer
427 views

How Blockchain ensures transactions are not lost?

I have a doubt about how the Blockchain system avoids transactions to be lost. Let me use an easy example: Let's say there are only 2 mining pools (A and B), which are both trying to find a hash ...
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1answer
737 views

How does the bitcoin transaction fee get paid to miner(s)?

According to https://bitcoinfees.info/ The current "cheap" rate for a bitcoin transaction is $22. How does this get paid to the miners? Is it just one miner that verifies the transaction, puts it ...
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2answers
409 views

How do Bitcoin mining pools send their miner's their share of the block reward

In most bitcoin mining pools, miners of a pool are sent their portion of a block reward that the pool collectively mines, every 30 minutes or 1 hour. How exactly does a mining pool tell the Bitcoin ...
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0answers
64 views

crypto currencies mining

For now i can't afford a great GPU for mining. But what i am thinking is... To mine a very low difficulty coin as much as i can with my old cpu and gpu and wait untill the currency price grow up. But ...
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1answer
183 views

How miners on the same pool search non-overlapping sets of nonce candidates already tried by other miners to find a solution?

On Traditional Pooled Mining: To solve the problem of high variance, the mining pools were created. In a traditional mining pool, many people all agree to combine their mining efforts and ...
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1answer
53 views

My Bitcoin Transaction is Unconfirmed from last 10 days Please Help [duplicate]

Tx id 9c9fb0d1c60f6f59196c9c41c1b9eb7ad9caf32397f5264f54149af6ecfd8003 Please Help
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2answers
3k views

Finding IP addresses of all bitcoin miners

I understand that the transactions don't have any IP info in them but I am curious to know if it is possible to enumerate over list of all the IP addresses involved in mining?
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0answers
171 views

How many gigabyte(internet use) needed for bitcoin mining in a month? [duplicate]

if I use Antminer s9 full-time in a month, how many gigabyte uses? I mean what is the internet usage((Download+Upload)) in a month? comment about duplicate: first of all I want know the usage not ...
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0answers
103 views

How do block rewards work within a pool?

Suppose there is pool A with 10,000 miners and another pool B with just 10 miners. There are two miners in the pool A and B each having some mid range hardware with 500H/s (for monero mining its good ...
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1answer
554 views

Mining Pool Hub: how to understand if it is mining?

I have just set up Mining Pool Hub, how can I understand if it is actually mining bitcoins (or other crypto-currencies)? Because sometimes I see yellow alerts PoolApi AHashPool has failed PoolApi ...
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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 ...
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2answers
67 views

Assumed, I hash the next bitcoin block. Whom do I tell if it's decentralized?

The bitcoin network is decentralized, right? Assumed, I do hash a little bit and get a hash that starts with 20 Zeros.. What do I do than? I need to send the block to someone but who is that? It's ...
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1answer
151 views

After mining for a couple minutes, I stop getting shares. [closed]

Can anyone explain why this would be happening? When I restart the program I quickly get shares, then after a couple minutes it almost completely stops getting shares.
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1answer
48 views

Is there any benefit to increasing the maximum orphan tx in bitcoind?

I'm still learning how all of this stuff works. I'm running a v0.15.1 full node. While I was watching the debug output, I noticed that orphan tx were being discarded because the maximum had been ...
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2answers
67 views

Worries about ability [closed]

I have never been the best at math. However I am pretty good with computers. If I buy the gear to mine the coin how hard is it to work the machinery and do the work to make the coin?
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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 ...
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1answer
3k views

Looking for a serious alternative to Nicehash… can you please help? [closed]

After the collapse of Nicehash I am trying to find an alternative that will let me mine Monero/XMR algorithm ONLY and get paid in BTC just like Nicehash used to do. In other words, I don't need any ...
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1answer
85 views

Wouldn't Bitcoin cause biased economy?

Whales, big miners, or those who hold huge amounts of bitcoin, if bitcoin becomes mainstream, won't big holders be like ultra rich people in today's world? Some holding lots of money, whereas some ...
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1answer
220 views

Mining Difference with Multiple Rigs between Bitcoin and Zcash

I try to understand how the mining hardware environment is different between Bitcoin when centralized mining ecosystem is more encouraged compare to Zcash or Ethereum where pooling is more encouraged. ...
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1answer
422 views

How can I use a hardware wallet with a pool

This might be a totally dumb question but I am trying to understand bitcoin mining, I hope I am bearable. I am trying to figure out if I can use a hardware wallet with a mining pool. I have an ...
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1answer
627 views

Where can i find proof of work in bitcoin core source code?

does anyone knows which part of the bitcoin core source code contains the proof of work for mining, creating of block and adding to blockchain? what are the files and functions involves? https://...
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1answer
27 views

Where to find the data to compare the decentralisation of mining for different cryptos?

I'd like to compare the centralisation of BTC's mining / nodes / pools for BTC and other alts. Where can data be found on this? Thank you! David
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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 "...
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1answer
1k views

How does the pool know the share hashes are calculated and not cheated?

Miners calculate share hashes and submit them to the pool for their proof of work. And if the share hashes leads to a correct block hash in terms of difficulty, everybody in the pool gets paid ...
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2answers
603 views

Is ViaBTC the only public Bitcoin Cash pool?

Is ViaBTC the only public Bitcoin Cash pool? I have spent hours in searching but could not find another one. As the price of Bitcoin Cash surges, a lot of people want to mine it. Thank you in ...
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1answer
473 views

Why does a bigger block size infer miner centralisation?

I've read that one of the detriments to increasing bitcoins block size is that it will create a more centralised mining community. How is this so?
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1answer
1k views

How do we know that the suprnova worker is producing value?

I followed this tutorial to attempt to mine bitcoin cash on https://bcc.suprnova.cc/. It seems to be working. My terminal prints out stuff like this: [2017-11-11 14:47:51] Stratum requested work ...
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1answer
493 views

What is the strategy mining pool servers use (regarding difficulty)?

If I understand correctly mining pool servers give miners target thresholds of lower difficulty so each miner can mine a number of 'block solutions', called shares. For example if threshold is 0000 ...
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1answer
334 views

Segwit2x mining after the fork

When will we be able to start mining Segwit2x? I am currently mining with Slush's Pool. Will the entire pool switch or should I switch to a different pool? Is there anything I should do on my side?
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1answer
232 views

Can an old bitcoin rig mine XVG?

I have an old block erupter, used to mine BTC with on Slush's pool. To operate it, I had to download their mining proxy onto another computer on my home network and configure the ASIC so it would ...
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2answers
89 views

Bitcoin - not so democratic future? [closed]

Bitcoin's goal is a decentralized democratic value system. But miners and platforms are already consolidating into bigger more powerful entities. What's to stop it? I feel a crypto will only be ...
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1answer
697 views

How does mining pool ensure the miner works on the problem?

I understand that the header given to some miner contains hash of Coinbase that goes to servers address. Thus the miner cannot take the reward. Also in the simplest setup the server gives miner a ...
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0answers
39 views

Looking for a specific mining pool [closed]

I'm developing a mining application that switches mining between different altcoins. I'm looking for a mining pool with an API that allows withdraws, so that I can automate the withdraw process for ...
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1answer
24 views

Neutrality in Bitcoin Verification

Is there any build-in mechanism to retain neutrality in the verification process for bitcoin miners? I am thinking of a situation where I offer miners a fee not to include transactions from a certain ...
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1answer
579 views

Do pool servers check for duplicate shares?

Assume, for the sake of argument, that I am a miner and that I am ready to cheat. The (stratum) pool server sends me a notify message and I start mining. I find a valid share. I submit it to the pool ...
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1answer
3k views

FPGA mining setup with Altera DE2-115

I have an Altera DE2-115 FPGA and I want to try mining. I found this project https://github.com/progranism/Open-Source-FPGA-Bitcoin-Miner/tree/master/src but when I try to start it, it says ERROR: ...
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1answer
969 views

How to find a BTC/BCC mining node with modified software?

I want to confirm my non-standard transaction(s) in BTC/BCC network. To do it I have to find mining node with modified software. Is there pool admin who can switch off SCRIPT_VERIFY_CLEANSTACK flag on ...
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1answer
761 views

How to resolve Minera cgminer “no devices found” error after installing additional GekkoScience USB-Antsticks?

I successfully completed my first attempt to configure my Raspberry Pi for Bitcoin mining with a GekkoScience USB Antstick and Minera; however, after installing additional Antsticks, my env somehow ...
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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 ...
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1answer
442 views

What if is there is no solution to a block?

Please let me know if I understand something wrong. Let's say I want to create a new block and verify previous transactions. To do this, I need to: Choose which transactions I want to include in my ...
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1answer
278 views

What prevents a pool miner from stealing the block if they find the solution? [duplicate]

I'm learning about BC mining from a developmental level and I'm reading about how a pool delegates shares based on work, but it doesn't explain why the miner who finally finds the correct hash can't ...
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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 ...
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1answer
396 views

Does mining power of different miners add up in mining pools?

I have this doubt regarding bitcoin mining, assuming I have two miners of hashpower 500 H/s . Can I add up my hashpower and make it work like a single processor of 1000H/s OR Both both miners would ...
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1answer
404 views

How to calculate the average worker hashrate on a pool?

I just calculated the average hashrate of all poolminers on Slushpool by dividing the Pool Scoring Hash Rate by the amount of active workers: So with current values that is: 641.1 Ph/s / 30287 ~= 21,...
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2answers
8k views

What is AuroraMine?

I'm a teaching assistant for a 2nd year undergrad computer science course, and one of my students started talking to me about bitcoin (which I personally detest, but admittedly know nothing about), ...
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1answer
6k views

What internet data usage can I expect when mining in pools?

I plan to connect my ordinary PC to a pool such as NiceHash or CKPool's solo pools and join the 'lottery'. I can run a few hundred Mhs; I know it's low, but that's why it's called lottery... Before I ...
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1answer
135 views

All-in-one Service for Cryptocurrency [closed]

I'm a noob in cryptocurrency and may ask really a stupid question. Why no site covering everything(Wallet+Exchange+In-house Pool+Mining Cloud Marketplace+ICO) at once, so I can just join and get ...
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3answers
286 views

How can I start development in Bitcoin?

How can I start development in Bitcoin? I am a software engineer and i am interested in development and programming part of bitcoin. A little guidance would be appreciated.