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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1answer
464 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
280 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
271 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
401 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
414 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
145 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
287 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.
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1answer
327 views

Does bitcoin mining power add up and how does this affect the difficulty?

I read that if my hashpower remains constant, and total network hashpower increases, after 2016 blocks difficulty will increase. Now as far as I have understood, difficulty increases if blocks are ...
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1answer
754 views

Steal proof-of-work answer from a miner [duplicate]

Is it possible to steal proof-of-work answer from a miner who has insecure machine? Consider a miner who has insecure machine found correct answer of proof-of-work and an adversary steals this it and ...
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1answer
519 views

merkle root 2 codes

While trying to calculate the merkle root in python from the data i got from the mining pool.... i found there are 2 different codes. code 1: def build_merkle_root(coinbase_hash_bin, merkle_branch):...
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2answers
1k views

Mining Block header bit reversing

While trying to understand the mining process and checking in python..... i am puzzled with which info from/to pool are in Little Endian, which one needs reversing in building the block header + ...
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1answer
151 views

Given an altcoin, how to find its mining pools?

I wonder if it can be possibile to find all pools for a given altcoin. For example, if an altcoin X has an official pool P and its official pool crashes or its not working, how we can find all the ...
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1answer
122 views

Pools combine power, but all focus on a block? How do they all earn?

So, As far as I understand, when you join a pool you help work on the block that they are currently trying to solve and get paid for. I understand that, and how it's all split up.... But with a ton ...
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1answer
2k views

Bitcoin mining: internet connection status? [duplicate]

How much bandwidth consumption can I expect per 13 Thash/s rig (Pooled). I'm Buying an s9 antminer, and i live in lebanon ( bad connection ).what do u guys advise me to do? Does the internet speed ...
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2answers
16k views

Solo mining in Sep 2017 [duplicate]

Is solo mining still doable today? What is needed to tackle a whole block under a month alone, 100x Antminer S9, 100THash/s? Another question, does location play a role in this? Would it matter if ...
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2answers
487 views

how pool mining works?

To my understanding, miners with small computational capacity are merged within a pool with the advantage to reduce the variance of rewards. does this miner merge all the computational power so that ...
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1answer
699 views

multiple low end miner or 1 high end miner

Newbie here, Im torn between buying a GTX 1080 or multiple 1050 Is there any Pros and Cons on having multiple but slower miner? Thanks!
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2answers
2k views

What happens to a transaction once generated?

I'm trying to understand how bitcoin works technically. I understand the blockchain, digital signatures etc ... I'm more interested in what happens to a transaction once it's "created". Suppose ...
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0answers
2k views

Best GUI Miner - To use with slush pool

I have recently wanted to get into mining some crypto currency. And would like to use a GUI based miner for ease and convenience. But I haven’t found any that seem to be any good yet it that are easy ...
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1answer
334 views

Mining Pool code changes for supporting Bitcoin Cash

Since its a bit difficult to to find developer related information for Bitcoin Cash I'm asking here. What changes would be required from a mining-pool developer's point of view to also support Bitcoin-...
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0answers
135 views

Why did GBT fail?

GBT was a way to stop miner centralization, but no one used it, everyone continued to use Stratum. Why did it fail?
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1answer
374 views

What would happen if a mining pool admins having majority of hash power turns evil?

This question interest me mostly in the context of the Ethereum, but it might be interesting to see how this problem is solved by the other cryptos as well. I understand that the consensus about what ...
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1answer
735 views

Graph Interpretation on Slush Pool

I understand that a dar red line on Slush pool hash rate means a block has been discovered by the pool. What does the blue line mean around 5AM?
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1answer
9k views

Multiple pool options in Antminer S9 Settings

I have purchased and got running Antminer S9. While setting it up I notices that I can specify three pool connections I was unable to find the purpose for this. Are those backup options just in ...
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1answer
47 views

New on bitcoin want to try it out [closed]

I finally got an bitcoin account and i wanna try it out!😊 can you guys donate/give bitcoin so i can try it ? My bitcoin account. 1MD5FXNdwmPpS2JBWrCJcwHBREtg9dk8Uz
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2answers
184 views

Is there any punishment for Having more than 50% of the mining power of the network

I am just curious about it. In history once it happened That GHASH.io owns 52% mining power, he was malicious and sell 5% to other miner. Bitcoin community keep watch on everything?
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2answers
507 views

PPLNS implementation

Quote from Meni Rosenfeld's post explaining PPLNS: Choose a parameter X, which represents multiples of D to include in the window when difficulty is static. X=2 is a good choice. When a share ...
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0answers
729 views

Bitmain S9 BMMINER does not respond to Stratum set_difficulty command

We use a modified version of this library to implement the first SHA256 multi+merge mining pool. It works just fine with the S7 which has CGMiner 4.8 ("cgminer/4.8.0"). However, the S9 with BMMINER 2 ...
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1answer
51 views

Is there a bitcoin mining program that works with multple devices, and adds the collective satoshis together?

I'm very new, and I created this account to ask this question. While at home, we have several unused computers from over the years and I set up 2 computers to run a mining program. My question is, ...
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2answers
2k views

How does solving reduced difficulty hashes contribute to solving a block? [duplicate]

In pool mining, it's my understanding that miners solve a reduced difficulty hash which proves that work is being done and also simultaneously helps solve a block. How is this computationally ...
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2answers
10k views

How do block rewards work with a mining pool?

I understand there are a number of different schemes for sharing rewards. My question is about the block reward itself, and how it's shared. If only one miner (typically a pool) can find a reward, ...
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0answers
104 views

Why is slush pool showing my worker as off? [duplicate]

I've recently started mining with slush pool, I've also tried antpool yet on both mining pools it shows that the worker is off. I am very experienced with computers and have already setup port ...
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1answer
414 views

Redirection to pool

dear friends. Due that my ISP blocks connection to pools i need to make a redirection via VPS that i has to a mining pool. I am very bad at networking and hardly can imagine how can i accomplish this. ...
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1answer
133 views

What is the trend in Mining Pools?

According to Greg Maxwell mining pool consolidation had reached the point of 22 large pools, as of the Bitcoin FDTN. conf. Nov. 2015. What is the state of the current situation? Has there been a ...
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1answer
466 views

Stratum mining, jobID and stale/rejected shares

Let's imagine following situation: I've got a job from stratum pool, miner found golden nonce and sending it over the pool. While waiting for pool response, miner found another satisfying nonce ...
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0answers
276 views

Does Stratum cause mining to be more centralized than getBlockTemplate would?

I read the question "I don't understand the "51% attack" problem. Why does a mining pool have power with a 51% share?" and its anwers. That made me wonder that since the GBT protocol is ...
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0answers
76 views

eloipool fails with module 'select' has no attribute 'EPOLLIN'

attempting to run eloipool by following the tutorial in the issues section. When running eloipool.py, I am greeted with this error: Traceback (most recent call last): File "eloipool.py", line 84, ...
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2answers
353 views

What coin to mine to maximise volume of return [closed]

I'm interested in mining some of the newer, more obscure coins. This is mainly for learning purposes. I'm not too worried about profitability. But I want to maximise the volume of coin that I can ...
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1answer
305 views

preventing fraud in a mining pool [duplicate]

If a group of people participate in a mining pool and person 1 finds a valid proof of work on their machine what prevents them from submitting this proof of work for themselves and not giving it to ...
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1answer
878 views

how can I resolve an unconfirmed deposit to my blockchain.info wallet? [duplicate]

After 35 hours and still Unconfirmed bitcoin deposit to my blockchain.info wallet after I sweeped the bitcoins I have in my paperwallet which I created on bitaddress.org. Hello everyone, this is my ...
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2answers
464 views

Are the bitcoin miners decreasing in quantity and increasing in size?

From what I am learning about bitcoin, the mining process is becoming exponentially difficult and hence exponentially more expensive (or at least more expensive), as people need more physical ...
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1answer
2k views

Should we still mine nowadays with CPU/GPU? [duplicate]

For the little bit I understood so far about the mining process, it seems to me that "finding" a block is very very very difficult for a CPU/GPU. However, since it is done by brute force, it seems to ...
3
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1answer
2k views

Why does the hash-rate change so drastically?

I've been watching the global estimated hash-rate, as estimated by blockchain.info. While it is clearly increasing, it also varies around 20% day-to-day. Yesterday, it was around 4,325,000 TH/s. ...
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1answer
529 views

How do you merge mine rootstock with bitcoin on an Antminer?

I hear that you can merge mine rootstock coins with existing bitcoin mining hardware by doing merge mining. Is there a tutorial on how to do this? Or is there a pool one can just join?
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0answers
31 views

Is it possible to pay externally for unconfirmed transaction? [duplicate]

I have a strange situation. I bought some bitcoins with fiat currency and the seller (trading site) have sent my bitcoins to my private wallet. But the problem is that the transaction has a too low ...
2
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1answer
234 views

Incentives for Segwit vs BTU

I had the (appearntly wrong) impression that miners as a whole would prefer limiting the block size / scalability / TPS in order to increase fees (basically limiting the supply), and users and ...
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1answer
334 views

Pending transaction, what can i do [duplicate]

Pending transaction and it been 8 day, anyone can help me here and here 3MPTn2ZwQiydkvKZKRgAVUQawA9ShjLJVh , need help
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0answers
160 views

Limit of Proof of Work [duplicate]

I do not have a complete understanding of bitcoin, but I feel that the PoW concept will not do it in the long run, so I need you to explain to me if I'm wrong. First of all, all this work force is ...

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