wafflepool.com - An auto switching scrypt coin mining pool
WafflePool is a multi-coin (scrypt) mining pool. Point your miner to WafflePool with a Bitcoin address as your username, and we take care of automatically mining the most profitable coin at all times, converting the earnings from each coin into Bitcoins, and paying you out in bitcoins! Mining alt-coins and converting to bitcoin is very often orders of magnitude more valuable than mining Bitcoin directly! No registration, no hassles, just point and start getting paid!
NiceHash offers you to buy or sell hashing power directly, no contracts, no limitations, pay-as-you-go if you're a buyer and be-paid-as-you-go if you're a seller. Why bother renting rigs, when you can rent hashing power? NiceHash brings more to renters and rig owners. Visit https://www.nicehash.com today! Simply create order and you are already mining your favorite coin or point your rig to our stratum server and you are already earning bitcoins.
PSA: new attack likely to start at 7pm GMT / 2pm EST on 13 Nov when Bcash hard forks it’s difficulty again. Prediction is sharp drop in difficulty to steal hash rate and keep Bitcoin mem pool full and continue price pump. Remember: every stunt devalues their centrally controlled coin.
[Bitcoin Unlimited Strategy] I believe it may be wisest for BU pools to mine the first block larger than 1MB (once we have 75% hashrate) *right after* a difficulty adjustment. This would provide the greatest resistance to a minority chain due to the longest time until the next difficulty adjustment
This would make the fork cleaner by presenting less chance for the minority chain to go anywhere.
PSA: new attack likely to start at 7pm GMT / 2pm EST on 13 Nov when Bcash hard forks its difficulty again. Prediction is sharp drop in difficulty to steal hash rate and keep Bitcoin mem pool full and continue price pump. Remember: every stunt devalues their centrally controlled coin.
Does anyone know what kinda pool reward this is? Thanks so much! (current block reward * no. of mined blocks+tx fees) * hashrate in GH/s * 10^9 / 2^32 * 86,400 / no. of mined blocks before difficulty change * previous difficulty + (no. of mined blocks after difficulty change * next d /r/Bitcoin
[Bitcoin Unlimited Strategy] I believe it may be wisest for BU pools to mine the first block larger than 1MB (once we have 75% hashrate) *right after* a difficulty adjustment. This would provide the greatest resistance to a minority chain due to the longest time until the next difficulty adju /r/btc
Until I can get a dedicated miner, does anyone know of any low difficulty or high reward pools? I'm not running with enough power to get a stable source of bitcoins, so I'm hoping to run with a few pools and make a profit.
Difficulty as a means of manipulating the mining pools & Bitcoin in the long term?
The difficulty has been rising consistently, meaning that each ~12 days, there is an increase of mining machines running, right? If it rises 10% per 12 days, that means that means that mining loses 10% of profitability every 12 days. This would push people paying for electricity more and more out of the mining game. Bringing bigger and bigger players in for the long term that can make significant investments that would be losing money in the short term. If those same large investors are pushing to grow a substantial share of bitcoin in the long-term, it would be sensible that they would both want to increasingly spend money on mining and drive the price downwards which would increasingly push small-time miners out as mining Bitcoin loses profitability. To monopolize the flow of new bitcoin before making mining profitable again. Short-term loss for long-term gain. Step 1 - Buy up a lot of available Bitcoin Step 2 - Increase cost of mining by driving down price of Bitcoin through manipulation all while increasing difficulty Step 3 - Control a substantial portion of the outflow of Bitcoin with a lot of the mining power Step 4 - Drive prices back up to profit I can't understand any other logic behind a 10% increase in mining difficulty every 12 days. With the money spent on mining rigs, shouldn't they just be buying Bitcoin straight up? Unless there's an ulterior motive... Thoughts?
The Bitcoin network has a global block difficulty. Valid blocks must have a hash below this target. Mining pools also have a pool-specific share difficulty setting a lower limit for shares. How often does the network difficulty change? See target. What is the formula for difficulty? difficulty = difficulty_1_target / current_target Difficulty is re-calculated every 2016 blocks to ensure blocks are found every 10 minutes on average. As more computers attempt to mine Bitcoin Core (BTC) and increase the Hash Rate, the difficulty will increase. If the Hash Rate decreases, difficulty will decrease. The Bitcoin difficulty chart provides the current Bitcoin difficulty (BTC diff) target as well as a historical data graph visualizing Bitcoin mining difficulty chart values with BTC difficulty adjustments (both increases and decreases) defaulted to today with timeline options of 1 day, 1 week, 1 month, 3 months, 6 months, 1 year, 3 years, and all time Die Schwierigkeit ist ein Wert, der zeigt, wie schwer es ist, einen Hash zu finden, der niedriger ist als das vom System definierte Ziel.. Das Bitcoin-Netzwerk hat eine globale Block - Schwierigkeit. Gültige Blöcke müssen einen Hash unter diesem Ziel haben. Mining-Pools haben auch einen Pool-spezifischen Aktienschwierigkeit, eine untere Grenze für Aktien zu setzen. Your bitcoin mining pool will set a value called Share Difficulty for every miner. The share difficulty of a miner is directly proportional to their individual hashrate. As such, higher the miner’s hashrate, higher their Share Difficulty. The idea is that the miner will use their equipment to generate tons of hashes. The moment they find a hash that meets the target Share Difficulty, they ...
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