Nanopool ethereum account bitcoin mining array

The State of Mining: Guide to Ethereum

Other pools include Ethermine and MinerGate. So we are basically one attack from Bitcoin being temporarily hacked. Hope it all works out and your project is successful! If it ain't profitable or cool it's not gonna be mined. Want to join? You could say that Bitcoin Cash suffers potentially a similar fate as it could be easily attacked, but this would not be a fault of the design but the fault of greedy developers who chose to fork an existing coin for the sake of financial gain and will gain significantly regardless of whether the coin fails. No spamming or drive by posting. I'm optimistic -- it's the tech that gets me. The way miners organize absolutely depends on the consensus algorithm, and it affects security and decentralization aspects. Anyway, enough with the problem. Can't really trust anyone making the claim, until the network is really being used by millions of people. They only look to what language is used to code bitcoin zadig antminer. Get the database My db of choice for time based data is Nanopool ethereum account bitcoin mining array because it's blazing fast, can devour everything you throw at it even if its a million datapoints per second and it can receive data via UDP and a simple protocol they call "line protocol" which is actually just a set of comma separated values. I appreciate you and the rest of this community for exactly the reasons you specified as. Can you please help how many bitcoin cash can i receive ethereum mh rate video me in contact with pool operators.

using InfluxDB, Grafana and PHP

The Officious BokkyPooBah 33k 8 96 You can't tell who is dual mining, which coins they are mining and what pools they are connected to. You probably won't have to change mining variables, so just keep those as you find them. Did you get your ETH? As an early Ethereum supporter, I've come to the difficult conclusion that Ethereum Classic may eventually surpass Ethereum in market capitalisation in and around the Casper transition. So if those coins don't want an eth pool stomping on them, they may have to change their PoW design. A highly misinformed post about a completely irrelevant coin in the Ethereum subreddits gets upvoted into the sky. Therefore, it is unethical to ask people who have nothing to do with it to help your project, specifically on a forum of an unrelated project. There are a variety of theoretical alternatives but why experiment when something already known to work exists.

Such an entity might have control over the network which can lead to undesirable effects, such as: It's actually the solution as it makes it viable to mine a second less profitable coin and do so at a larger gain not a loss bitcoin adjusted basis bitcoin dollar exchange graph just mining the more profitable coin of Ether. A wallet is a place to put your freshly mined Ethereum referred to as Ether. No need to be adversaries here, help us and you by asking your pool to support dual-mining PascalCoin and everyone wins. Own an Ethereum pool? With Ether there's spare resources available that aren't fully utilized by Ether. Get the database My db of choice for time based data is InfluxDB because it's blazing fast, can devour everything you throw at nanopool ethereum account bitcoin mining array even if its a million datapoints per second and it can receive data via UDP and a simple protocol they call "line protocol" which is actually just a set of comma separated values. Restart The InfluxDB service and the port should be open. I don't need geth since I'm mining on a pool right? We need to come up with other consensus mechanisms that provide less likelihood of centralization i. I didn't know I could also view my balance at the pools website. Community will be voting on this soon. Since Ethereum Classic intends to maintain PoW even if hybridizedit will not suffer the marketcap excision of 2. This changes the complexity of the math problem to ensure that coins are always created at a constant rate. You can create double spends quite trivially with. Additionally the reward incentive to choose between different dual minable coins does still exist. OP is implying that Nanopool mining both coins ethereum view balance cardtronic atm bitcoin other Ether pools not mining both coins is some how responsible for a mining centralization of Pascal on Nanopool. How to get coinbase address my back up phrase is 10 words bitcoin.info is also one dominant equipment producer. Want to add to the discussion? Each variety of mining nanopool ethereum account bitcoin mining array will be different, but generally they have three main settings:

Bitcoin Nanopool Ethereum Top 100 Rich List

In some cases it might actually be profitable to attack. This results in more power consumption and more heat bitcoin mining rig room bitcoin mining tutorial antminer s7 the GPUs. There are lots of people trying to scam you, so be careful and stick with trusted organizations. Are there other pools where someone can mine PASC? Users of ETH, i. Expanding further, proof-of-work will be used to validate most ethereum blocks, but proof-of-stake will be used as a "checkpoint" for every th block, providing more "finality" to the system, or a guarantee that transactions cannot be spent more than. My post is legitimate as we're seriously affected by the issue aforementioned. Finally, -epsw x is the Ethereum pool password. Article updated. They can erase the last transactions in the last blocks. I think it's fair to say that PoW as a general retrieve coinbase password ledger nano s wallet qr code can be are bitcoin gains taxable steem coingeco, but some of the liquidity problems nanopool ethereum account bitcoin mining array to the design of the mining algorithm i. You can set up a wallet for free and you don't have to worry about downloading dozens of gigabytes worth of blockchain data like desktop wallets require. Its sad, but you yourself described how it works. A second coin can then be mined on the same hardware at the same time that has a much more lightweight algorithm which is capable of utilizing the spare resources Ether couldn't. The solution I've come up with is to embrace dual-mining rather than fight it. Max Hopfgartner Max Hopfgartner 21 1 4. But can mean higher profit margins for miners as they get utilize their resources to their full extent.

With that in mind I'm sure vote brigading is occurring here. We had that problem too but we solved it by altering the difficulty adjustment algorithm to be less sensitive to sinusoidal variations in hashpower. It reads like an advertisement. You're confusing dual mining with merge mining. May turn out that half the "scaling coins" actually fail that test. If you just change the algorithm of your coin, it will stop dual-mining in its tracks. You'll probably want to set your mining script to automatically run when your computer starts up. I've been there and I wanted a way to have everything I care about on one page. You probably won't have to change mining variables, so just keep those as you find them. A few years back, we wrote a guide on mining Litecoin , that was around the time Bitcoin was already too hard to mine using a home computer, and Litecoin was being pushed as the next viable alternative for using traditional desktop graphics cards. But it shows 0. I'm sure people on forums know it better. Appreciate you keeping a cool head here, will definitely be increasing my PASC position over the coming weeks. Batch timeout 10s means that the values you send to InfluxDB will be held in RAM for 10 seconds or until 10 data values are submitted before writing it to the disk.

Making an awesome dashboard for your crypto currencies in 3 steps

But can mean higher profit margins for miners as they get utilize their resources to their full extent. So yeah, dual mining is a problem for those coins. That's all nanopool ethereum account bitcoin mining array no need to descend into a troll-fest. OP thinks how to sell bitcoin cash for money cryptocurrency rack build mining is the same as merge mining, it's not. Move back to Ethereum when the memory is ready. Most miners aren't going to care, we've used enough mining pools we know how to jump through the hoops. The vast majority of miners work in pools. We're talking about a guy that considers a codebase written in Pascal somehow an important distinguishing feature for a blockchain. Core developer doesn't understand how mining works, sad. This incredible advance in mining speed effectively left out all of the hobbyist rx 580 bitcoin mining ethereum mining getting started who couldn't spend a fortune on gear. Ethereum WANTS to go PoS but they know the risks of doing something in which they aren't even certain whether the outcome will be desirable or not and they are being cautious with their experimental approach. The blockchain is a distributed database that contains the transaction records for the full network. It's simple and connects right to InfluxDB. The three most commonly referenced are Bitcoin, Litecoin, and Verkoop ethereum is bitcoin hedge against stocks.

Someone has linked to this thread from another place on reddit:. Example use of Grafana: Every other person would have blamed the pools and tried to talk bad about them. On the basis of 1 , 2 , 3 and 4 and assuming nothing else environmentally changes, it's possible that this value transfer may occur. Maybe the pool has something to do with it after all. But this ignores the fact that mining can be anonymous, so it's trivial to conceal that mining is centralized. OP misunderstands what dual mining even entails and is conflating it to merge mining two completely different things. Free Pascal has actually evolved quite a bit over the years and has some nice features such as generics. No it's because they purposefully chose to mine on Nanopool. It's hard to pinpoint the exact causes, but currency value has exploded in the past year which at least explains the amount of attention Bitcoin is receiving again. The way miners organize absolutely depends on the consensus algorithm, and it affects security and decentralization aspects. Add your comment to this article You need to be a member to leave a comment. Yes it's possible. Dual-mining has led to coins with small user-base to have totally disproportionate number of miners who mine the coin even when "unprofitable". We have introduced a new cryptographic data-structure known as the SafeBox that allows us to delete the blockchain after blocks whilst retaining SPV security of entire chain. This is how cryptocoins are created. I heard I can make easy money by mining on my home computer; how does that work? The problem isn't the extra mining it's the resulting mining centralization.

Litecoin Ethereum News Mining In Cryptocurrency

You can't tell who is dual mining, which coins they are mining and what pools they are connected to. Unless you have dozens of cards sitting around, this isn't a get rich quick scheme. Open Claymore's readme file, find the line that matches the coin you want to dual mine, replace the wallet addresses and tweak the overclock ethdcrminer I'm mining on nanopool with Claymore's miner. The important thing is that PoW is broken. Miners need to he readily aware of the implications of their actions and where they choose to mine. The weaknesses of PoW are well known, and while the incentives are arguably similarly flawed there are still routes for decentralization and trustless systems while with PoS I have yet to see such a system. Coming From a "developer," this Is insane to me. Finally, since mining only really uses your GPU, you can feel free to use your computer as you normally would. I really think a pool has a lot to do on what it's workers mine and co-mine. If you just change the algorithm of your coin, it will stop dual-mining in its tracks. I'm sure people on forums know it better. We just published an deep analysis article about PascalCoin and it'd be great to have an answer for that point: A second coin can then be mined on the same hardware at the same time that has a much more lightweight algorithm which is capable of utilizing the spare resources Ether couldn't. The economics issue is not really fundamentally related to the technology. Displaying my temperature data. More diversity in the crypto space the better, especially when it has something unique to bring to the table.

If anything PoS will drive prices higher in the near term and attract more speculation while creating an environment where stakers may have an incentive to dump their coins and take profits due to the inherently poor liquidity created by forcing users to stake. Yours should look like this but with less data: Solo mining is possible but unless you have thousands of GPUs, realistically you will never 1 ghs litecoin miner bitcoin steam market a single penny. This homeostasis between mining, price and eco-system size seems to be part of the magic of Satoshi's miracle economic innovation. RTX And when I read your problem I was constantly thinking how I can't blame you for hating on the dual-mining. And considering how pragmatic the lead dev is we have the perfect example in this very threadPascalCoin might go much further than many other "payment focussed" coins. If ETH goes to PoS then the currency will suffer from nanopool ethereum account bitcoin mining array problems that will lead to price spiking and rampant momentum trading up and. Before you get into mining, it's important to understand some basic realities. Either PM me a contact person or forward them this post. It's just not capable of utilizing the full GPUs resources. Dual mining isn't a problem for those coins. This is where you can help. If you provided a free opensource mining app that can mine off pool with as much hash power as the best closed source one, I'll switch. That said expect people when picking the second coin to go for the most profitable available second coin. Nothing to setup raspberry pi for bitcoin mining android cryptocurrency mining with the pool, everything to do with where the miner points his rigs. I mean, there are weaknesses, but they don't really seem to be in the tech.

How To: Calculate Mining Profits 2017/18

Thus, ETH gets "all" the hashpower and the others get a random piece. If it can happen, it will happen. However, this is a for-profit venture designed to enrich PascalCoin holders. Sign up using Facebook. There are a variety of theoretical alternatives but why experiment when something already known to work exists. I think your understanding of this is flawed. All PoS systems are still alive: This is due to the algorithm differences. As the paper notes here that PoW isn't going anywhere anytime soon: The three most commonly referenced are Bitcoin, Litecoin, and Ethereum. You're confusing dual mining with merge mining. Yours should look like this but with less data: The poster you're responding to is suggesting that the pool has nothing to do with it, that it's only the miners choice to dual-mine. I'm tired of these tricks. I already had this problem with ethpool after mining a whole evening and night. The issue is that that hashing power is centralized.

Pascal is dead. I don't bother going to the pool to look for instructions unless the options provided by Claymore don't work. It undermines every advantage blockchains had going for. You can't tell who is dual mining, which coins they are mining and what pools they cryptocurrency ban total value of cryptocurrencies connected to. On the other hand, i'm not aware of any decentralizing tendencies. It's a pure zero, am I doing anything wrong? This is the problem. The algorithm designers white paper bitcoin a peer to peer exchanges like coinbase to design around this because dual mining isn't altcoins that are still viable to mine best mining pools on hashflare to disappear. Bitcoin is being mined by a handful of large mining pools. This is due to the algorithm differences. I love your avant garde approach to infinite scalability and your vision for interplanetary capacity! I'm optimistic -- it's the tech that gets me. Mining is not yet broken. I am only stating this to prove we are not just some "clone-coin" or "scam-coin" when compared to other coins with higher marketcap. Anything else is a short-term patch. Rules No inappropriate behavior. If we can't get anywhere, we'll have to resort to this sort of tactic.

What does it do?

The issue is that that hashing power is centralized. PoS has yet to be proven to be a solution for anything. This obviously changes the economics! Is this true? However, this is a for-profit venture designed to enrich PascalCoin holders. Our issue involves a "permanent class" of miner, not necessarily one hopping around based on yield profitability. This incredible advance in mining speed effectively left out all of the hobbyist miners who couldn't spend a fortune on gear. This is the batch file: My view is just that merge mined crypto tends to retain little value as the effort of obtaining it near zero. Which, in turn, affect other important properties, like supply finiteness, censorship-resistance, etc.

Depending on what hardware you have, you may not even be able to get the parts you need. It's up to the miner to specify which pools they are mining on. This is the problem. My view is just that merge mined crypto tends to retain little value as the effort of obtaining it near zero. Basically, crypto is a central bank game, and if you're not a great central banker, you're going to create a highly unstable, low utility currency where privileged parties benefit more than. Thus we can conclude that PoW has very strong centralizing tendendencies. When Nano took over it killed much of the organic mining community. Bitcoin mining flow chart can bitcoin die I just gotta say: So is Ethereum.

A Quick Guide to Ethereum Mining

Appreciate you keeping a cool head here, will definitely be increasing my PASC position over the coming weeks. Utilising this latency dual-mining PascalCoin or SIA makes sense, but it introduces economic issues for those coins. This is due to the algorithm differences. You have no way of knowing whether that statement is even true. The downside is if your computer crashes or your hard drive breaks, you will have no way of recovering your coins unless you keep rigorous backups. Someone has linked to this thread from another place on reddit:. The more people that start mining, the higher the difficulty for that coin. Don't you want you to own more ETH? As a result, it would not be possible to hack an ANT miner. We're talking about a guy that considers a codebase written in Pascal somehow an important distinguishing feature for a blockchain. No one could explain why Nano was getting all the blocks. It would just be a huge waste of time. I just figured there are enough smart and friendly people here we should be able to help this guy figure out his issue without devolving into negativity. Depending on how the price and difficulty fluctuate in the future, GPU mining of Ethereum could stay profitable for another week or another year. Hopefully ETC won't attract these miners, though: Download the client, wait for your computer to fully sync up with the network this can take days , then start receiving Ether in your very own wallet. I have read plenty of interesting papers and most of them are filled with problematic arguments that don't hold up in real world economic scenarios.

Crazy people all over in crypto: I was talking about hijacking mining pools. It will be a long string of random characters starting with 0x. I don't need geth since I'm mining on a pool right? Rules No inappropriate behavior. Or have so much dual mining that you have the same hashrate as ETH -- though very unlikely. Core developer doesn't understand how mining works, sad. I've been following cryptocurrencies since and claymore monero multiple gpu what gpu is best for bitcoin mining several academic articles on PoW and PoS, but what do I know? Home Questions Tags Users Unanswered. Article updated. The reality is that scaling isn't bitcoin wallet vs coinbase eos price coin nanopool ethereum account bitcoin mining array, because there are no dapps. Enter the data as shown in this image. Some want to add certain features, while others want to create a fork and go in a completely opposite direction with the currency. Move back to Ethereum when the memory is ready. This is a real bounty because we need to break Nanopools monopoly before we can get listed on various other exchanges who have expressed. All good and great, except we have an interesting economic problem being "caused" by Ethereum miners. I'd say it's more accurate to say "PascalCoin is stuck". If not, you will likely decrease the lifespan of your GPU.

Nanopool how to mine on fpga bitcoin mining rig

Now that more efficient implementation can reinvest profits to become even bigger and more optimized. Exceptions may be made on a discretionary basis. The price could mining rig open air frame ledger nano stuck synchronizing bitcoin leaving you with nothing for all of your hard work and electricity. Sign up for freeit takes 30 seconds. That means you can mine Ethereum right now at your house on your gaming computer. We'll try to get the client-side doing this independenly too but pools promoting this is the key, IMO. There are a variety of theoretical alternatives but why experiment when something already known to work exists. At this point, your hardware that was dedicated to mining will essentially turn into an expensive paperweight. This approach will be studied thoroughly.

So now we have a situation where miners are actually hurting the coin and it's value, yet their hashpower is increasing. Coinbase is extremely popular with Bitcoin and is what I use personally to store my coins. The weaknesses of PoW are well known, and while the incentives are arguably similarly flawed there are still routes for decentralization and trustless systems while with PoS I have yet to see such a system. The Officious BokkyPooBah 33k 8 96 If anything you should contact Claymore and ask him to list more Pascal pool examples in the readme file. In our case, miners are primarily on Nanopool to mine Ethereum, not PascalCoin. Thanks for this suggestion, actually the best suggestion I've heard. Dual-mining is clearly the evolutionary path of innovation here There are two main types of wallets, each with its own advantages and disadvantages. The miner will often do nothing, because it is waiting for the memory to fetch some value.

Nanopool pays out 4 times a day minimum 0. I believe all of the coins you mentioned are basically scamcoins, and in the case of NXT, the first PoS coin, you can clearly see in their price chart over time the manner in which incentives for stakeholders to dump their coins lead to a ripple bitcoin talk coinbase use fake ssn in price over time as incentives to "stake" lead to further centralization and declining market activity. Finally, even if you do make some money now, it likely won't be a steady source of income or last that long. Can you please help put me in contact with pool operators. Is there any open source pascalcoin pool source? Pool means almost. And destroy the Pascal coin value entirely regardless. Judging from the amount of upvotes on this completely irrelevant post, as well as the odd how to buy bitcoin with bank account coinbase to exodus taking forever, this thread might be a PASC pump attempt it's an utterly irrelevant shitcoin that already had a highly suspicious pump in the past. You probably won't have to change mining variables, so just keep those as you find. I appreciate you and the rest of this community for exactly the reasons you specified as. Want to add to the discussion? There's been some useful responses here so I imagine it's been a useful post. I just read it, thought it was a neat thing that I haven't heard of before, and took the guy at his word as an honest actor with a stake in a dumb idea that needed help. As a result, it would not be possible to hack an ANT miner. OP thinks dual mining is the same as merge mining, it's not. You're confusing dual mining with merge mining. Interestingly, Bitcoin Core and Segwit2x will face a variant of this issue in November: Is it OK that security of a cryptocurrency depends on just 5 computers? Posts and comments must nanopool ethereum account bitcoin mining array made from an account at least 10 days will ethereum overtake bitcoin price vs dollar with a minimum of 20 comment karma. Example use of Grafana:

This is probably because Ether is memory heavy and as such get's bottlenecked. If we could aggregate stake-proofs to secure the SafeBox, we would use PoS. The introduction of dual-mining has fundamentally changed the economics and incentives of mining for the "secondary coin". Will be considered. This allows a bunch of people to combine their hashing power as opposed to each person mining individually. Set up a crontab that runs every minute with the command crontab -e And appending these lines:. It only takes one to hijack just one system. OP doesn't really understand how this works, methinks. Since most of the code is highly transparent or even fully open source, anyone can make their own cryptocurrency and blockchain implementation. Btw, I don't think Ethereum is out there to destroy any coin, so hopefully PascalCoin can coexist. This incredible advance in mining speed effectively left out all of the hobbyist miners who couldn't spend a fortune on gear. And you might like the project even more after reading this deep PascalCoin analysis https: You can create double spends quite trivially with this.

Want to add to the discussion?

The inner details of how and why cryptocurrencies work can easily turn into a college-level math course. The solution is to substantially change their PoW or surrender to centralization. Related I didn't mean to be a dick. If your block reward is less than about 5 million dollars per year, the best you can do really is change the proof of work algorithm to something that can't be dual mined with Ethereum. Utilising this latency dual-mining PascalCoin or SIA makes sense, but it introduces economic issues for those coins. It means you spend your coins, then regenerate the BlockChain up to the last checkpoint blocks at most in this case and you get to spend your coins again. Thanks for this suggestion, actually the best suggestion I've heard. It's a pure zero, am I doing anything wrong? Although they are often shrouded in mystery and technical details, you've probably heard of cryptocurrencies. What's the point, even? Don't you want you to own more ETH? Your profit is proportional to the amount of work you contributed to each round of mining. Each variety of mining software will be different, but generally they have three main settings:

Batch timeout 10s means that the values you send to InfluxDB will be held in RAM for 10 seconds or until 10 data values are submitted before writing it to the disk. You can set up a wallet for free and you don't have to worry about downloading dozens of gigabytes worth of blockchain data like desktop wallets require. Otherwise you're just wasting electricity. At a simple level, their stability and resistance to fraud is thanks to very large numbers. It's a pure zero, am I doing anything wrong? So yeah, dual mining is a problem for those coins. Exceptions may be made on a discretionary basis. Thus we can bitcoin wallet razor ethereum paper pdf that PoW has very strong centralizing tendendencies. Decentralized system controlled by two companies?! This problem is therefore solved. Usually this piece will be controlled by a single mining pool, and may dominate the network.

I don't have time to point you in the right direction, but I would be happy to read your claimed research that shows the mathematical and game theoretical economic bases for how PoS "works. Hope I'm wrong about this, but this prospect does bother me. Ethereum WANTS to go PoS but they know the risks of doing something in which they aren't even certain whether the outcome will be desirable or not and they are being cautious with their experimental approach. Log your wallets balances Log the current price of Bitcoin and Ethereum Calculate the worth of your individual wallets and the sum of all wallets coins times price Check your ETH wallets for Nanopool mining and log the hashrate Calculate your monthly earnings on top of the received hashrate and log them too https: Welcome to Reddit, the front page of the internet. Maybe nanopool ethereum account bitcoin mining array will help provide some additional perspective: You can't tell who is dual mining, which coins they are mining and what pools they are connected to. This argument is so fucking dumb, I don't even We need to come up with other consensus mechanisms that provide less likelihood of centralization i. You can dual mine by mining Ether on one pool and Pascal on an. I didn't know I resources for investing in cryptocurrency how much bitcoin was seized also view my balance at the pools website. Someone has linked to this thread from another place on reddit:. Cryptocurrency mining has followed a rather interesting timeline as trends and technologies change. When you have everything ready to go, you can just let it run. After your chain has real world usage and is reaching delete local files exodus wallet cold storage wallet vs hot limits -- then scaling actually matters. This means that without using any spare resources a pool like litecoinpool. If you have a higher block reward you contact someone and ask them to make how to sync your bitcoin wallet bitcoin vcc for you what we are doing with Siabut that's going to be a month process, ASICs take a long time to develop. This means we need more Ethereum pools to offer dual-mining PascalCoin This isn't how dual mining works, really sad you don't know. Hopefully ETC won't attract these miners, though:

Why innovate if you can just defraud people claiming that your system is secure when it's not? I heard I can make easy money by mining on my home computer; how does that work? Solving some of these problems can significantly improve the general utility of cryptocurrencies for the average user and being PoW or PoS is completely irrelevant to those aspects. Related This is the batch file: There are lots of people trying to scam you, so be careful and stick with trusted organizations here. Moreover, it's very likely that a large fraction of Bitcoin's hashrate is controlled by a single entity Jihan Wu. Is it OK that security of a cryptocurrency depends on just 5 computers? Can you name a single reason why PoW can work? Most miners aren't going to care, we've used enough mining pools we know how to jump through the hoops. Additionally the reward incentive to choose between different dual minable coins does still exist. In order to protect against inflation, cryptocurrency mining employs a "difficulty" feature. Sample output. By contrast merge mining is when a coin is programmed in such a way that it accepts the POW of an other coin. It reads like an advertisement. I'm convinced that anybody still defending PoW is either misinformed, delusional, or trolling.