| Title | : | How Do Bitcoin Mining Pools Work? How are Bitcoin Mining Rewards Split? [2021] |
| Lasting | : | 5.11 |
| Date of publication | : | |
| Views | : | 1.908 |
| Liked | : | 0 |
| Downloaded once | : | 0 |
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when mining the next block, do all of the miners in a mining pool use the same set of transactions pulled from the mempool? Do all the miners in the mining pool start hashing at zero nonce? Comment from : karich21 |
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Thanks for the great breakdown on mining. Do solo miners automaticly create their own node ....when operating /support of the blockchain network ? Comment from : Dave Arthur |
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But how to prevent miners in the mining pool from calculating the same nonce? Maybe it's low efficiency in a disordered state. Comment from : Charls Meng |
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How do I get started in Bitcoin mining? Comment from : Supreme Ali |
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triple blinking is why he is a genius Comment from : Chris Ong |
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1 of the best in metaverse space :) Comment from : adiintel1 |
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Very cool and great explanation 👍 Comment from : Cyberwiz9000 |
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You are one of the original BTC creators. Comment from : Derek |
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Still didn't get the part on why a miner that founds a nonce that allows adding a block wouldn't just go ahead and submit it as if it was mining solo. Would love to here a bit more elaboration on that. But my guess is that it could be because the miners in the pool don't have the whole block information for which they're finding the nonce. So they simply cannot submit it. And I guess that trying to guess the block by collecting transactions in different orders so that the header matches the one sent by the pool is near to impossible. Comment from : Roman Ostolosh |
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Thanks Andreas! What stops pool members from pausing mining once they reach the pool reward difficulty in order to save electricity? Comment from : Miiike03 |
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Great as always! Comment from : Learn to Make Honest Money Online |
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“🔔~🔕” &/or cred ♥️🃏🤪.....✌️🥸 winning! & grinning! (ok optional, yet variation of smiling pleeeeeese!! Thks!) Comment from : Yoga Nature |
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your thoughts on stacks? POX? proof of transfer? Comment from : EspHack |
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I rolled a 6. I swear! Comment from : Stew Miller |
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One answer I am missing in this explanation is: How is it then taken into account that certain participants in the pool have a higher/lower difficulty rate? Comment from : Thoth |
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Great report as always Comment from : Watm 80 |
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Cool! Comment from : K B |
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Hi Andreas, I would love to know your opinion on Custodial Lighting services like Strike - how exactly do they work, are they secure/decentralized/censorship resistant enough? And are the “Non-custodial" ones like Eclaire or Muun really qualified to be called so? Also, can I send my funds somehow from a Lightning-only Wallet to a normal Bitcoin Address? Best Regards Thomas Comment from : Thomas Müller |
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When China shuts the mining down I crank up my mining rig and laugh at there low hash rate Comment from : Razor Blade |
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How will wrapped BTC on other blockchains affect BTC price? Comment from : Wolf Of Block St |
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Thanks anntonop🤘 Comment from : project one |
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gud info Comment from : Heer ML Gangaputra |
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Thank you as always. You have a tendency to explain things in a way I can forward to almost anyone. Super work for many years m8🖖 Comment from : Tom 4ne |
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