Questions tagged [mining-reward]
This tag should be used for questions about the revenue generated by mining. For questions specific to coin generation transactions (coinbase transactions) use the tag Coinbase-Transaction. For questions about the block reward halving, use the tag reward-schedule.
343
questions
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1answer
26 views
How do bitcoin nodes agree who first mined ablock?
Once transactions are broadcast and a node starts working on a proof of work, and finds it, it broadcasts it to all other nodes for that block to be verified and added onto their blockchain. All nodes ...
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1answer
43 views
Could a computer virus made less than a mb, which is sent as transaction that attacks miners? [closed]
What happens if computer virus less than a mb is sent as transaction that attacks miners?
3
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2answers
282 views
Resources of a miner's reward in Bitcoin?
To compensate the miner who could solve the PoW as the first one, they will receive some bitcoins as a reward for keeping them motivated due to the costs related to mining process (electricity and ...
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1answer
39 views
BITCOIN MINING POOL OPERATION CONCERN
I have contributed Bitcoin into a mining pool that was being promoted on Instagram. The miner of the pool informed me that the process consists of 5 cycles. He set an initial amount of Bitcoin to be ...
0
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1answer
41 views
How does a miner’s pubkey get passed into miner.cpp?
I understand that a miner using an application like pooler’s cpuminer can set a Coinbase-txn address where new coins that are generated to. I’m trying to override this setting in the code of the core ...
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1answer
32 views
Is it possible, with bitcoin-core or btcd, to manually set the scriptSig field in a coinbase transaction?
I am talking about when using regtest or simnet modes.
For context, it is so that I can create coinbase transactions with reproducible txids.
2
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2answers
154 views
When will the last block halving happen and when will the block reward fall to 0?
I could not find an answer for these questions:
I found out that there are 33 periods of 210,000 blocks?!?!? First one gave the miner 50 bitcoins per block, then 25, 12.5 ... and the last one 1 ...
0
votes
2answers
37 views
Incentive for miners to keep mining once reward get very low [duplicate]
Currently each winning miner receive 12.5 bitcoin or 12.5*10 000 dollar per successfully mined block and the amount of bitcoin receive is divided by 2 approximately each 4 years.
The incentive to ...
0
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0answers
19 views
Bitcoind Bitcoin-cli in Win 10. Why wallet balance is negative inspite Full Sync and progress = 1.000000?
I am running bitcoind since 3 month and it's fully Sync. I still see negative wallet balance. I have re indexed it many times with no result. would you please help me fin out what is wrong?
Negative ...
2
votes
2answers
46 views
How is it legal to award miners with coins made out of nothing?
I understand that block rewards are made out of nothing but say a miner wants to cash out on all of their bitcoins... this will lead them to obtain, let us say, the USD equivalent of all the bitcoins ...
0
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2answers
46 views
Bitcoin mining process-the leading zeros before the hash-how is the mining puzzle solved exactly?
Can someone please explain:
In Bitcoin proof of work, mining is done to create and validate new blocks. Who becomes the sole block producer is subject to winning a "mining puzzle".
As I understand, ...
1
vote
1answer
70 views
How to verify virgin bitcoin
I am willing to acquire bitcoin without transaction history (virgin bitcoin) at a premium. How do I tell that the bitcoins I receive do not have any prior transactions (except of the mining one)? What ...
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1answer
65 views
Is it profitable to mine Bitcoin on iPhone X? [duplicate]
I'm a newbie to mining, so in just trying to explore our. I wish to know if it's profitable to mint it on iPhone X?
What I mean by profitability is making between $1000 - $3000 monthly by mining. ...
1
vote
1answer
114 views
When is the halvening? What are the dates of past halvenings?
When a miner finds a new block, they receive a block reward that is comprised of the transaction fees from that block, plus a set amount of newly minted BTC. When the network started, this block ...
4
votes
3answers
286 views
How to calculate coin supply at each block height from all transactions?
We are working on a small project and imported all block information to mongoDB. Right now we're aiming to calculate the coin supply regarding to the block number.
My plan is to loop through all ...
4
votes
3answers
352 views
What prevents miners from mining more bitcoin after 21million btc?
What prevents miners from mining more bitcoin after 21million btc was mined?
2
votes
3answers
76 views
Who will be the future miners? [duplicate]
We know that the bitcoin for mining a block is going to converge to approximately zero as the number of bitcoins will be almost constant after a certain amount of time. So, mining will no more ...
0
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1answer
29 views
0
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1answer
48 views
What will happen when the last bitcoin will be find [duplicate]
I have read there is a mathematical limitation of bitcoin count.
What will happen when a miner will find the last bitcoin ? I have read nobody will do mining anymore.
But, we will need miners in order ...
0
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1answer
30 views
reorg a bitcoin transaction
does anyone here have btc reorg full concept documentation that can be seen online?
also i wonder if a specific block can be reorged?
or all the blocks thats after the transaction must be reorged?
...
0
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1answer
33 views
what file/method is block reward processed?
I have managed to build an altcoin (from litecoin source) but my coin requires that I make changes to the way rewards are made. I have been looking at the source code to try to find where block reward ...
2
votes
1answer
67 views
Can a miner give themselves less than the maximum block subsidy if they wish to do so?
The current maximum block subsidy is 12.5 bitcoin. A mined block recently got rejected from full nodes after a miner tried to post the block subsidy as 13.26 bitcoin. But what about in the other ...
1
vote
1answer
129 views
Chicken and Egg confusion over Bitcoin generation
If Bitcoin is rewarded through mining, and mining is the process of packing some transactions in a block(and adding that block successfully to the blockchain), and on the other hand, a transaction ...
0
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1answer
89 views
How does one mine a fraction of a bitcoin?
I'm new to the whole bitcoin stuff.
The stuff I've read about mining so far told me that when a node in blockchain finally finds the correct nonce for a block that can be accepted in blockchain, it ...
0
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1answer
108 views
Am I Being Prodded By A Bitcoin Mining Scammer?
I had someone approach me via an insta post, because i found his account and liked a photo. He said he was a bitcoin miner and forex trader in LA california, and asked if i was interested in earning ...
2
votes
1answer
123 views
Mining Pools Transactions Fee
I am learning about mining pools and trying to understand their reward structure and transactions fees.
Looking at the two largest pools, Antpool & BTC.com, as far as I understand AntPool uses ...
1
vote
1answer
35 views
What is stopping pool managers to fake a miner?
What if a pool manager introduces a miner that is not there and then uses the reward distribution?
1
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1answer
78 views
Miner transaction selection - how are sigops considered?
There is a limit on how much a block can sigop (set to 80000?). There is also a limit on how much a single transaction can sigop (set to 16000?). It thus seems possible (and if it's not possible, the ...
2
votes
2answers
40 views
How do bitcoin miners determine the next valid state of a ledger?
I know bitcoin miners compete for a reward by seeing who can solve a difficult hashing problem first (proof-of-work).
However, how does this random hash problem help validate the transactions in the ...
0
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0answers
41 views
How to quit CGMiner 4.10.0
How do I quit CGMiner 4.10.0 the correct way so
That I can see the payment screen ?
3
votes
2answers
509 views
Is there a minimum number of transactions in a block?
What encourages Bitcoin miners to include lots of transactions in blocks in the Bitcoin blockchain?
It seems like you could quickly add a block with just a single transaction and get the block reward ...
0
votes
1answer
40 views
Reward in case of fork
Hi I would like to ask you guys for some details about getting reward from minning block when there is a fork - two miners get different blocks at the same time. Both of these block will have the ...
1
vote
1answer
44 views
Known cases of miners withholding blocks when used as randomness?
There are some applications that use the blockhash as a source of randomness, often with a payout similar to a lottery. I've heard of attacks where it would be more profitable for a miner to withhold ...
0
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1answer
193 views
Why mark a transaction as RBF (Replace-by-Fee) explicitly?
I could broadcast a second transaction that has the same inputs but a higher fee, without marking the original transaction as replaceable. Miners would most likely favor the second transaction and ...
1
vote
2answers
113 views
Can the fees in a coinbase be used to launder Bitcoins?
Generally Bitcoins coming from a coinbase are considered clean as they are newly generated. However while answering this question I realized that mining pools could offer to launder Bitcoins in the ...
0
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1answer
51 views
what is the latest required hash rate to mine a block? [duplicate]
What is the latest required hash rate to mine a block of bitcoin ?
How much power do you need to mine a block in a day ?
Thank you
2
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0answers
48 views
minimum hash rate of a pool to earn a reward
how much minimum hash rate of a new bitcoin pool should be to be able to compete with other pools to earn a reward?
how can I calculate that value?
any help appreciation
0
votes
1answer
53 views
Can you add more Dash to a masternode that already has 1000 Dash allocated for a masternode?
If I had 2000 dash and made a master node with it. Do I get double the rewards vs a masternode with 1000 dash? Or do I have to separate the 2000 dash into 2 separate 1000 dash masternodes, hence ...
1
vote
1answer
96 views
Does getting shares when mining mean that I have earned a reward? [closed]
So I have 13 Total Shares (Non Rejected) and my pool is Mining Pool Hub. It does not show that I have gained any Ethereum when I go to Dashboard (Under Ethereum) on Mining Pool Hub. Do accepted shares ...
0
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1answer
139 views
Is there a way to create 9995000 spendable BTC on regtest?
I'm doing to a large stress test on 1000 node network where each node sends transactions to one another at a specific rate, and I need a way to create the funds for running it, enough so that each ...
1
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1answer
55 views
Is it technically possible to change the total amount of Bitcoin?
Also, is it possible to change the reward cycle duration or the number of mining- reward coins?
4
votes
3answers
415 views
Would it be possible to create a soft-fork for reducing miner reward?
Context:
There is a bet going on r/bitcoin about the possibility of doing a user activated soft fork for reducing current miner reward to 0.25 BTC.
One of the users says the bet had two points:
the ...
1
vote
1answer
48 views
How is the Bitcoin node network different from the IOTA network? [closed]
I asked this question on IOTA's forum here:
Real incentives for running a full node?
One of the founders from IOTA Come-From-Beyond (Sergey Ivancheglo) responded with this comment:
"However, ...
0
votes
1answer
58 views
Does submitblock require the wallets private key?
I would like to know if invoking the submitblock RPC is supposed to work if the daemon that handles the RPC does not have the private-keys for to the coinbase output address?
2
votes
1answer
285 views
collecting block reward and transaction fees
i was reading document about transaction data and there seems to be two contradicting paragraphs:
Every block must include one or more transactions. The first one of these transactions must be a ...
0
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1answer
34 views
Is the number of coins limited by rule or by computational infeasibility?
it is well known that the upper limit of bitcoins is 21 million, which can be calculated mathematically; but from documents i have read, this is because mining a new block is defined to have ...
1
vote
1answer
52 views
what is a miner's main source of income
the name miner might come from the fact that it earns profits from block rewards; but a miner also earns profits from transaction fees, and it can choose which transactions to include into a block or ...
3
votes
0answers
28 views
What are some proposed solutions when Bitcoin block rewards drop below 1 BTC? [duplicate]
Many proponents state that Bitcoin will not work in the long term when block rewards drop below 1 BTC or even zero and have mining rely on just transaction fees. I never did the math calculations ...
1
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0answers
39 views
Mining block are not accepted if BIP related values changed to 0 or 1
I am creating own alt from LiteCoin source. So I have changed hashGenesisBlock , hashMerkleRoot , nonce , timestamp etc.Things are working fine if i don't make BIP34Height , BIP65Height , BIP66Height &...
3
votes
1answer
264 views
Why does Bitcoin block 526,591 have a 6.25 (instead of 12.5) block reward?
https://chain.so/block/BTC/0000000000000000002ba5a1fb96f93e6c215d62db4280f1cbd30e82c7c71fba
https://blockchair.com/bitcoin/block/526591
It's an empty block (zero transactions), but the coinbase ...
