Primecoin is an innovative cryptocurrency, a form of digital currency secured by cryptography and issued through a decentralized mining market. Derived from Satoshi Nakamoto's Bitcoin, Primecoin introduces an unique form of proof-of-work based on searching for prime numbers.
For a bit of fun I've created 2 anonymous solo mining pools for anyone who wants to try the bitcoin lottery without having to download the blockchain.
If you have any mining devices (ie not CPU's or GPU's) then you are welcome to point them to my experimental solo mining pools. I have one for BTC and one for BCH and am considering a 3rd that tracks the most profitable chain. I use these myself so they're pretty basic and should a block be solved the payout will be performed manually after coin maturation, but if there is enough interest I'll write up a frontend and automate this stuff later. The one who solves the block gets 99% of the block award and transaction fee's. Bitcoin Solo Pool
Host: stratum+tcp://220.127.116.11:3333#xnsub Username: . Password: x
Bitcoin Cash Solo Pool
Host: stratum+tcp://18.104.22.168:4433#xnsub Username: . Password: x
Both pools are configured to create as large a block as possible (Max weight of 4MB for BTC, and Max Size of 8MB for BCH).
08-28 16:02 - 'So what about today... Solo LUCK mining, POOL mining or ALT mine another SHA-256. What would you do? / Picked up a USB stick and a Block Erruptor CUBE as a history piece. Tried running both to verify they are functional. / I...' by /u/CryptoxGEEK removed from /r/Bitcoin within 9-19min
''' So what about today... Solo LUCK mining, POOL mining or ALT mine another SHA-256. What would you do? Picked up a USB stick and a Block Erruptor CUBE as a history piece. Tried running both to verify they are functional. Issue with the CUBE is it's GET WORK and it and the PC on my home network monoplized traffic on the router. So what has me curious is how to scale you data traffic if mining off an ISP from home so as not to max out your limits with Mining, VoIP, Streaming TV and just Interactive Gaming? ''' Context Link Go1dfish undelete link unreddit undelete link Author: CryptoxGEEK
I really still don't get miners. How hard is it to mine on a pool that is not one of the top 3? Two pools own >50% of the mining power and no one cares anymore? Is it so hard and unthinkable for a large mining operation to solo mine or join p2pool? /r/Bitcoin
I've mined around $50 of BTC in the past month with my GPU and I've all withdrawn them but now I want to buy and as the cool kids say. "hodl". I don't wanna buy 0.01 BTC, i want to buy for example $10 of btc, and then sell it for more. That's probably the case but idk just saying. But yeah, where can I buy BTC? oh and also preferably to not ask me about my ID and stuff like that.
About Ethereum mining pitfalls, risks, and threats
Bitcoin miners are massively switching to Ethereum. According to 8btc estimates, the payback period for a Bitcoin miner is 600 days, while for the same metric on Ether it only takes 200 days. But this goodness won’t last forever. Read about what threatens the development of Ethereum below. Hardware and Filling – Halfway to Success Experienced folks advise taking the most productive video cards, for example, the latest models from Nvidia and AMD. When choosing, pay attention to the amount of video memory (ideally from 2 GB), memory speed (with DDR 5 memory), bus width (better with a 256-bit bus), and cooling (basically there’s no competition to Radeon devices). Take Radeon RX 570, this 169 USD card produces 24-30 Mh/s, which is superb. The Illusion of Stability The entire multi-million community of Ether lovers trembled in early August when the Ethereum Classic network was subjected to several 51% attacks at once. In addition, in the first half of 2020 alone, over 5 attacks were carried out on popular DeFi platforms, including Balancer ($500,000 stolen) and bZx (17,500 ETH were stolen in total). Moreover, cybercriminals do not always use technical vulnerabilities, sometimes good old social engineering works. Reduction of Reward Ethereum developers have proposed to reduce the block mining reward by 75%. ConsenSys Managing Director John Leelik published the EIP-2878 proposal aimed at reducing inflation and preserving purchasing power. If supported, the reward will drop to 0.5 ETH. The transition of ETH to ETH 2.0 (PoS) We already wrote about this in the article "Problems of Ethereum Mining", and you can also watch the interview by Peter McCormack with the project founder Vitalik Buterin. While the opportunity is still there, we offer everyone to get the most out of it and mine profitably. For example, take a closer look at the new CoinFLy ETH Pool, that nowadays offers more rewards than others, at least by 10%. Profit That is Not Profit A hidden and obvious problem is choosing the pool based on its profitability. If you only have a few capacities, then it is better to choose a pool that uses the PPS+ model, if you’ve got a lot of them, then a powerful pool with PPLNS is better. And if you’ve got so many capacities that there’s even enough for others, then you can also go SOLO, buddy. More details - here.
This is a Bitcoin (BTC) SHA256 SOLO Mining pool. No registration required. Instant Payout immediately when block found. F2Pool ist ein dezentralisierter Peer-to-Peer Bitcoin-Mining-Pool, der es den Nutzern ermöglicht, zu wählen, ob sie einen öffentlichen oder privaten Knoten abbauen möchten. Der Pool wurde 2013 gegründet und wird von zwei chinesischen Technik-Enthusiasten in Wang Chun und Mao Shihang betrieben. F2Pool macht etwa 14 Prozent der globalen Netzwerk-Hash-Rate aus und ist damit der zweitgrößte ... According to BlockTrail, Bitfury is the third largest Bitcoin mining pool and mines about 11% of all blocks. The main difference between the Bitfury pool and other mining pools is that Bitfury is a private pool. Bitfury, the company, makes its own mining hardware and runs its own pool. So, unlike Slush or Antpool, Bitfury cannot be joined if you run mining hardware at home. Bitfury 16nm ASIC ... Bitcoin Mining Pools sind eine Möglichkeit für Bitcoin Miners, ihre Ressourcen zusammenzulegen und ihre Hashing-Kraft zu teilen, während die Belohnung zu gleichen Teilen entsprechend der Menge der Anteile, die sie zur Lösung eines Blocks beigetragen haben, aufgeteilt wird.. Der Handel von BTC ist auf eToro möglich. Der Erwerb der physischen Coins auf Binance. Choosing the right Bitcoin mining pool will help you optimize your profitability and predict your future rewards. This page will provide you with all the necessary information to make the best choice of a Bitcoin mining pool, and you can also use the calculator to help you find out how much profit you can expect. Contents: List of mining pools Mining calculator How to start a pool Pool ...
Beginner's guide to solo bitcoin and litecoin mining ...
Newbie guide for those who want to try solo bitcoin and litecoin mining, using bfgminer and cgminer. The config files shown in the video are available in the... Today we look at the top 4 bitcoin mining pools and determine which one is the best. Fiat to Cryptocurrency EXCHANGES 1) Coinbase - Buy Cryptocurrency With Fiat → BTC-BCH-ETH-LTC » Registration ... Bitcoin cash mining pools: ... Solo Mining vs Pool Mining - Duration: 5:05. GamersGoneTech 167,926 views. 5:05. How The Economic Machine Works by Ray Dalio - Duration: 31:00. Principles by Ray ... Now that you have Bitcoin mining hardware, your next step is to join a Bitcoin mining pool. While mining pools are desirable to the average miner as they smo... Mine Bitcoin: https://secure.iqmining.com/tiny/zBYaH What is Bitcoin Mining? Bitcoin Mining is a peer-to-peer computer process used to secure and verify bitc...