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.
324
questions
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1answer
20 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
43 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
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1answer
70 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
41 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
48 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
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1answer
70 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
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1answer
29 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
67 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
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2answers
35 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 ...
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0answers
31 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
479 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
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1answer
33 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
40 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
104 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
91 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
46 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
votes
0answers
35 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
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1answer
28 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
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1answer
64 views
Mining Pool Hub // Shares? (New Miner)
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
72 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
53 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
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3answers
382 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
51 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?
1
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1answer
181 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
30 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
35 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 ...
2
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0answers
25 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
27 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
205 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 ...
0
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1answer
194 views
Where does the mining reward in regtest go?
After using the bitcoind -regtest generate 1 command, where does the mining reward go? I tried list accounts and check balance for account "", but the balance always showed 0.000000.
0
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2answers
75 views
What is the reason to pay miners “monetary rewards” for mining process?
Is it correct to say that:
In Bitcoin, it is crucial to incentivize miners by monetary reward, because mining process has significant monetary cost (energy/electricity cost). ? otherwise, mining ...
0
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3answers
51 views
What is resource of mining rewards
How the coins must be paid miners for mining process is provided? One of resources may be transactions fee. Is there any other resources for proving reward of miners?
0
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1answer
45 views
I got a coinbase transaction and I don't know where it comes from
I received a small payment from a coinbase transaction, but I haven't been mining nor I have signed up on a mining pool. Does this happen when someone accidentally sets my address instead of theirs ...
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0answers
47 views
Does PPS reward depend on specific block difficulty?
How is reward per share calculated on PPS payments system? Does it depend on specific block difficulty or average difficulty per day/week/month used? If I have mined two successive blocks with ...
0
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1answer
157 views
How Mining Reward Goes to Our Wallet?
Let us consider, if someone found a bitcoin block using his pc, then how he can get reward BTC to his bitcoin wallet?
I really don't know how a miner get reward of 12.5BTC to their bitcoin address. ...
0
votes
1answer
1k views
What is the difference between PPS+ and PPS?
Some pools do offer such a payment method as PPS+. This method is claimed as better than the PPS method, it should insure against losses on orphans and blocks with bad luck. But this explanation is ...
5
votes
1answer
143 views
How does a miner create a transaction input to spend tx fees?
I'm wondering where does a miner get an input for a transaction that spends the tx fees received from mining a block? It's not out of the coinbase transaction.
0
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1answer
26 views
Please explain CFeeRate::GetFee(size_t nBytes)
Referring to the function CAmount CFeeRate::GetFee(size_t nBytes_) in feerate.cpp:
If I pass in say 2000 as the nBytes argument, what will this function return as the fee nFee? I don't understand ...
1
vote
2answers
110 views
What happens if full nodes don't check for double spends or deliberately lets a double spend TX pass and then this full node relays the transaction?
I am studying about Bitcoin and Blockchain tech via the Princeton crypto course, and it mentions that Full nodes do the following checks :
i)transaction is valid with the current blockchain,
ii)...
1
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2answers
68 views
What is the smallest fee you can pay for an on chain transaction?
From what I understand, the smallest fee you can pay to miners per transaction is 1 Sat/byte.
With a basic Bitcoin transaction being roughly 250 bytes that would obviously mean the fee is 250 sats. ...
0
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1answer
35 views
How are difficulty level and block reward determined and stored in decentralized fashion in Bitcoin? [duplicate]
I know the difficulty level and block reward are periodically adjusted in Bitcoin to keep the block time approximately to 10 minutes.
I guess these are not determined by a central authority but ...
2
votes
3answers
500 views
Why do transaction fees exist in the Bitcoin blockchain if miners get rewarded with newly created bitcoins?
My question is why transaction fees exist, even though the miners would still get rewarded with the newly created bitcoins when/if they mine a block. Miners will rather verify transactions with a ...
0
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1answer
57 views
Mining Altcoin with hash rate bigger than average network hash rate [on hold]
I am sorry if the question is off-topic but cannot find an answer to a simple question anywhere including btctalk.
So let's say a network hashrate of some coin using the X16R algorithm is 40 MH/s. ...
-1
votes
1answer
74 views
Altcoin: Who keep the coin for mining first blocks? [on hold]
I have forked Litecoin version 0.8.7.4 and created an altcoin. I run it in two node and started mining first blocks. I mined 30 blocks, but now I'm curious about what is holding my coin which reward ...
-1
votes
1answer
247 views
How to disable mining functionality in wallet debug console?
I am creating a new altcoin and i cant seem to figure out how to disable mining functionality with wallets using the debug console window.
I am trying to mine all the coins myself, is there way to ...
0
votes
1answer
243 views
What will happen when all 21M bitcoins are mined? [duplicate]
What will happen when all 21M BTC are mined ? How will miner get new coin as reward? In absence of it, the only option available will be to increase transaction fees? If I have to pay anyway fee, I ...
-1
votes
1answer
63 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 ...
0
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1answer
52 views
Is scaling Bitcoin heading it to a dead end?
The immutability of any given blockchain is reinforced by the total hashing power behind it. Proof of work (ergo a financial commitment) is a necessity to ensure the party verifying transactions is ...
0
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2answers
1k views
Mining income calculation - H/s, MH/s or GH/s for hashing power?
I've seen online calculators use hashing power in H/s, MH/s and GH/s for various algorithms. How does one decide hashing power denomination must be used for mining income calculation? I feel like it ...
