Bitcoin Mining, Explained

VeriCoin

The home for the most innovative cryptocurrency, VeriCoin and Verium VeriCoin: Proof-of-Stake-Time Protocol. PoST Verified. Verium: Proof-of-Work-Time Protocol. PoWT Verified. CPU Mine-able (GPU and ASIC Resistant)
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Masari: Simple Private Money

Masari (MSR) is a scalability-focused, untraceable, secure, and fungible cryptocurrency using the RingCT protocol. Masari is the first CryptoNote coin to develop uncle mining and a fully client side web wallet.
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Majority of Bitcoin Gold (BTG) miners try to fix a bug in the chain by cancelling and replaying the last 1300 blocks. Fix partly fails because malicious centralized dev posts new release with secret protocol-violating hack

Majority of Bitcoin Gold (BTG) miners try to fix a bug in the chain by cancelling and replaying the last 1300 blocks. Fix partly fails because malicious centralized dev posts new release with secret protocol-violating hack submitted by jstolfi to Buttcoin [link] [comments]

BitGo: "While expected, still a bit unbelievable. First they were fighting on-chain scaling (thus addition of new privacy features), the next step would be adding AML to the protocol level. Well done, Bitcoin Core and “economical majority”! Shame on you, Bitcoin miners for allowing this."

BitGo: submitted by Egon_1 to btc [link] [comments]

💡| Knuth is a high performance implementation of the Bitcoin Cash protocol focused on users requiring extra capacity and resilience. It is a full node software client, but also a development platform. It is designed for: miners, exchanges, app devolopers, block explorers and other businesses.

💡| Knuth is a high performance implementation of the Bitcoin Cash protocol focused on users requiring extra capacity and resilience. It is a full node software client, but also a development platform. It is designed for: miners, exchanges, app devolopers, block explorers and other businesses. submitted by ojjordan78 to Bitcoincash [link] [comments]

Boost POW: a protocol for buying proof-of-work from Bitcoin miners.

submitted by DanielKrawisz to bitcoincashSV [link] [comments]

Taal Using Miner ID Protocol on Bitcoin SV (BSV) Network to Support Future of Bitcoin Mining Specializatio

Taal Using Miner ID Protocol on Bitcoin SV (BSV) Network to Support Future of Bitcoin Mining Specializatio submitted by satoshiwins to bitcoincashSV [link] [comments]

TAAL using Miner ID protocol on Bitcoin SV Network to support the future of Bitcoin mining specialization. http://ow.ly/XiIO50y88Hv #TAAL #Blockchainservices #TheFutureofMining

TAAL using Miner ID protocol on Bitcoin SV Network to support the future of Bitcoin mining specialization. http://ow.ly/XiIO50y88Hv #TAAL #Blockchainservices #TheFutureofMining submitted by cryptorebel to bitcoincashSV [link] [comments]

Why would (Chinese?) miners want to have devs incorporate into the bitcoin protocol a way to *wink wink* "prioritize projects that are in need of money." *wink wink*?

Are they such useless noobs that they are unable to transfer funds themselves?
Or is there some type of control of the codebase they are after..? Piece by piece...
And why don't the miner-noobs (Craig Maxwell (same same, but different) is that you?) have the devs over as freelancers and help then with this #OUTSIDE the protocol?! Pay him to do this on a per-miner basis instead..? Not collectiviscally and altruisticly obligatory enough maybe?
Not everything should be included into the protocol, you know....
Fucking noisy pieces of shit..
submitted by Liiivet to btc [link] [comments]

Taal using Miner ID protocol on Bitcoin SV (BSV) network to support future of Bitcoin mining specialization https://t.co/LIueMBGT23

Taal using Miner ID protocol on Bitcoin SV (BSV) network to support future of Bitcoin mining specialization https://t.co/LIueMBGT23
— Digitalmunition (@maher275) January 30, 2020
from Twitter via IFTTT
submitted by shinney to digitalmunition [link] [comments]

Taal Using Miner ID Protocol on Bitcoin SV (BSV) Network to Support Future of Bitcoin Mining Specialization. – Press Release https://t.co/vXZTw0kPdk

Taal Using Miner ID Protocol on Bitcoin SV (BSV) Network to Support Future of Bitcoin Mining Specialization. – Press Release https://t.co/vXZTw0kPdk
— Digitalmunition (@maher275) January 29, 2020
from Twitter via IFTTT
submitted by shinney to digitalmunition [link] [comments]

Miners on the Bitcoin Cash network appear to be preparing a plan to finance the protocol’s development using their own block rewards. The controversial plan would see 12.5 percent of the total BCH coinbase go towards those building on the network.

submitted by SilverLiningsCrypto to CryptoCurrencyTrading [link] [comments]

History Lesson 03/2016: "We need to communicate with the Chinese miners about this upgrade path. They have been misled to believe that only 4–5 people in the world can safely work on the bitcoin protocol, when in fact it is this group that poses the greatest risk for their businesses."

History Lesson 03/2016: submitted by Egon_1 to btc [link] [comments]

According to Roger Ver on CNBC, prominent Bitcoin Cash miners are meeting currently or very soon about how to proceed with protocol development on BCH. Will be interesting to see if there is any compromise solution on a path forward.

According to Roger Ver on CNBC, prominent Bitcoin Cash miners are meeting currently or very soon about how to proceed with protocol development on BCH. Will be interesting to see if there is any compromise solution on a path forward. submitted by cryptorebel to btc [link] [comments]

viaBTC CEO Haipo Yang: We need stop the regular hard fork of Bitcoin Cash. We need stable Bitcoin protocol specification. We need multiple implementations. There should not be dev decide but miner vote.

viaBTC CEO Haipo Yang: We need stop the regular hard fork of Bitcoin Cash. We need stable Bitcoin protocol specification. We need multiple implementations. There should not be dev decide but miner vote. submitted by heuristicpunch to btc [link] [comments]

The Whitepaper Series Part 2: Proof of Work, Network, and Incentive. We explore the parts of the whitepaper that Core don't want you to know exist, as well as talk about the Bangkok miner's meeting, the Bitcoin Core inflation bug, and the Bitcoin Files Protocol.

The Whitepaper Series Part 2: Proof of Work, Network, and Incentive. We explore the parts of the whitepaper that Core don't want you to know exist, as well as talk about the Bangkok miner's meeting, the Bitcoin Core inflation bug, and the Bitcoin Files Protocol. submitted by The_BCH_Boys to btc [link] [comments]

History Lesson 03/2016: "We need to communicate with the Chinese miners about this upgrade path. They have been misled to believe that only 4–5 people in the world can safely work on the bitcoin protocol, when in fact it is this group that poses the greatest risk for their businesses."

History Lesson 03/2016: submitted by vegasbooty to Cryptoandme [link] [comments]

Are two of the largest Bitcoin Miners trying to change the BCH protocol to implement a Proof of Stake smart contract and tokenization platform? We investigate the claims and take a look at the other tokenization platforms available on BCH today.

Are two of the largest Bitcoin Miners trying to change the BCH protocol to implement a Proof of Stake smart contract and tokenization platform? We investigate the claims and take a look at the other tokenization platforms available on BCH today. submitted by The_BCH_Boys to btc [link] [comments]

Satoshi Consensus carefully limits the power of miners. When the world's biggest miner says: "we will continue mining empty blocks. This is the freedom given by the Bitcoin protocol" - while advancing BU, a protocol change that will give him *much* more power, we must take a clear stand against it.

Satoshi Consensus carefully limits the power of miners. When the world's biggest miner says: submitted by bahatassafus to Bitcoin [link] [comments]

Bottom Line: ABC is trying to change the protocol but lacks miner support. SV and its hash power is what is protecting Bitcoin Cash. You can't be mad at that.

Bash CSW all you want, but hash power is how consensus rules are determined. It's a large part in what made Bitcoin a revolutionary invention. Without it, Bitcoin could not exist.
Look what happened when devs and certain miners decided to backdoor this process through private agreements and Segwit2x.
Never again.
submitted by CryptoHiRoller to btc [link] [comments]

"Lets be very clear...the ONLY attack happening now is the Bitmain attack on the Bitcoin protocol. Trying to change the Bitcoin protocol when the majority of dedicated hash is against it is the definition of an attack. Miners will defend and defeat this attack."

submitted by satoshi_vision to bitcoincashSV [link] [comments]

Just as web servers don't "vote" on HTTP protocol changes, miners don't "vote" on Bitcoin changes

Where did this nonsense come from that miners vote on what's best for the network?
Web servers don't vote on upgrades to HTTP! Developers create standards designed to protect and serve users as best as possible. Miners just advertise their support for proposals.
Let's keep Bitcoin's development focused on making it better for everyone.
EDIT: Making my post clearer thanks to @livetrolllivetroll for the heads up.
submitted by kingo86 to Bitcoin [link] [comments]

Henry Brade: There is a real coup in progress orchestrated by certain miners. They want total control of the #Bitcoin protocol. This can't be allowed.

Henry Brade: There is a real coup in progress orchestrated by certain miners. They want total control of the #Bitcoin protocol. This can't be allowed. submitted by mkiwi to Bitcoin [link] [comments]

Precious Miners, pls do not allow that software developers overload and overcomplicate the Bitcoin Cash protocol, rather refactor and clean it up first. Future lack of show stopper bugs will pay back more than software add ons will do shortly.

submitted by SeppDepp2 to btc [link] [comments]

Free Bitcoin Mining site  Bitcoin earn up 2 daily bitcoin miner Live Payment Proof Stratum v2: Neues Bitcoin Protokoll soll Mining Zentralisierung lösen! What Bitcoin Mining Entails - D-Central How To Mine Bitcoin [EASY TUTORIAL GUIDE] Honeyminer Bitcoin Mining Antminer U3 - CGMiner Tutorial

Bitcoin mining is a transaction record process with bitcoins to blockchain – the public database of all the operations with Bitcoin, which is responsible for the transaction confirmation. Network nodes use blockchain to differ the real transactions from the attempt to spend the same facilities twice. The main mining objective is reaching a consensus between network nodes on which The Bitcoin.com mining pool has the lowest share reject rate (0.15%) we've ever seen. Other pools have over 0.30% rejected shares. Furthermore, the Bitcoin.com pool has a super responsive and reliable support team. The program that miners voted to add to the bitcoin protocol is called a segregated witness, or SegWit. This term is an amalgamation of Segregated, meaning “to separate,” and Witness, which The Bitcoin protocol is specified by the behavior of the reference client, not by this page. In particular, while this page is quite complete in describing the network protocol, it does not attempt to list all of the rules for block or transaction validity. Type names used in this documentation are from the C99 standard. cpuminer is a multi-threaded, highly optimized CPU miner for Litecoin, Bitcoin, and other cryptocurrencies.Currently supported algorithms are SHA-256d and scrypt(N, 1, 1). It supports the getblocktemplate mining protocol as well as the Stratum mining protocol, and can be used for both solo and pooled mining.

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Free Bitcoin Mining site Bitcoin earn up 2 daily bitcoin miner Live Payment Proof

In addition to the short-term Bitcoin return, being a miner can give you sıra voting sıra power when changes to the Bitcoin protocol are recommended. In other words, a successful miner affects ... SLP128 Jan Čapek - Stratum v2 Bitcoin Mining Protocol - Duration: 1:08:35. Stephan Livera Recommended for you. 1:08:35. Bitmain Antminer S9 13,5 TH/s unboxing & einrichten ... Bitcoin has a golden rule which says that the chain with the most PoW is the one that all miners need to accept, which could result in shadow mining attacks in which malicious miners try produce a ... Zcash is a fork of Bitcoin protocol, thus they share some similarities, such as the total amount of coins to be minted and block reward halvings. Advanced privacy is the main major improvement ... GOTO 2014 • How the Bitcoin Protocol Actually Works • Jan Møller - Duration: ... How to setup USB Asic Miner Red Fury bitcoin miner 2.2~2.7 GH/s with cgminer - Duration: 5:53.

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