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This chart - hash rate means total hash rate of All minor? No, it represents the hash rate of the network. It is determined by using the time it took to find the block and the current difficulty of the Bitcoin blockchain. To cite an example, the current difficulty bits are 0x1729fb45, which means we need to find a block header hash that is less than '...


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What exactly is the transaction fee? The fee of finding a block? The fee of transferring the btc reward to another account? Transaction fee is a method by which anyone who creates a transaction incentivizes the miners to include that transaction in the block that the miner will mine. Bitcoin blocks can have a maximum 4MB of block weight, which means there ...


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The pool members will notice that the pool is not mining as many blocks as it ought to, given its supposed total hash power as reported by the manager, and that they are therefore not earning as much money as they should. A certain amount of this could be attributed to "bad luck"; but over time, or if it becomes extreme, they can tell statistically that ...


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Most of the mining pools that are run are managed pools, which means it is operated by an individual or a company. The pool server runs specialized software and a pool-mining protocol that coordinate the activities of the pool miners. The pool miners need not run a full Bitcoin node as the pool server runs one and validates blocks and transactions on behalf ...


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No, in the past year, there were only 15 non-empty-non-segwit blocks mined which account for less than 0.03% of all blocks. Non-empty blocks without segwit transactions I've looked up the last twenty blocks that confirmed transactions but did not include any segwit data. The newest of these was mined on 2018-12-18, more than four months ago. The 21st-...


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