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Found 113 results

  1. hello guys, i want to know which coins are most profitable to mine? many peoples saying that monero and zcash are most profitable.
  2. Sweden and Norway are the two top mining countries As it stands, a lot of bitcoins in the world are mined regions such as China, Canada, and Kazakhstan. These three countries often boast of particularly high energy prices, and the costs of mining bitcoin or other forms of digital currency can pay huge bills. Sweden and Norway are looking to provide new miners with alternatives and money-saving ways to help them get all the new coins they will need to keep their business running.
  3. I've been having a problem of keeping my laptop cool when I'm mining. I'm thinking of some ways to keep this thing from overheating. I'm almost to a point of putting an AC unit on the side of my laptop. Yes, it's that bad, but I don't know what else to do. How do you keep your computer cool from overheating? Should I keep mining or just let it die a slow death?
  4. I'm new to the forum and I'm recently approaching the mining part. I know for a fact that you need very powerful hardware components and a high-performance PC to mine Bitcoin. But to mine other crypto values is it possible to do it from normal PCs or laptops? For example, to mining Ethereum or Litecoin or Neo are there software that can be installed to get you started?
  5. What are the best apps i can utilize to mine bitcoin for android?
  6. I created this topic so that each and everyone of you can have knowledge on how does mining work and the effects of it. Please list all the positive and negative sides of it. Thank you very much! Hope this thread would help many and give them enough knowledge and what they could get from mining and also to know its shortcomings. This is for those who have few knowledge about mining like me, I have like 0 knowledge about it.
  7. Cloud mining rental contract from 250 Th/s to 100 Ph/s. bitcoin (sha-256) 1 hour, 6 hours, 12 hours, day, week! price: 0.33 usd / Th/s. min. order 0.015 BTC. Payment on BTC wallet waiting your message 😃
  8. The fact of disagreeing with this type of practice is very simple: they are very tempting to become scams. 98% of the mining in the cloud are simple hyips, although the real ones are also hyps but with physical devices, this will never imply that they are free of this type of practice. Why should I be mining in the cloud? It makes no sense, for that I buy my own devices and learn to configure them, cloud mining can be for the ignorant or simple lazy who do not want to learn direct technicality. In fact, mining in the cloud is meaningless, it is an out of place concept, it is just one more trick of this world, don't you think?
  9. Newly minted Bitcoin are rewards for a mathematical race that maintains the ledger of transactions. Rules for the race and rewards are fixed and inherent in the protocol. It is the decentralised incentive structure to keep the ledger honest and the value scarce that sets Bitcoin apart from other currencies and assets. Herein I provide a detailed explanation and code of how Bitcoins are mined. Blocks Bitcoin transactions are grouped by timeframe (roughly 10 minutes) and ordered in blocks with meta data that meet protocol requirements. Each block is sequential and agreed by consensus. The first miner to reach meta data requirements for the current block and reach approval through network consensus is awarded the block reward in addition to all transaction fees in that block. See the two figures below to understand the incentive structure for mining.Presently, the block reward is 12.5 bitcoin. At the current price ( ~ $ 10,000 / btc ), that's more than $ 125,000 every 10 minutes! I hope that sparks your interest. It did for me. The first step in mining is to maintain a bitcoin node, which stores and validates the full ledger. This can be installed from I will use KDB+ to interface with the node and mine Bitcoin as it is the most efficient way to handle data. Full code can be seen at: our Github page. Block templates A template for the current block can be attained from our local node. (for details, see: template: .bitcoind.getblocktemplate[template_request][`result] Here are the details we need: template[`height] : 605355 // block height to be mined template[`curtime] : 1574689408 // unix epoch time template[`coinbasevalue] : 1274375042 // block reward in satoshis template[`version] : 536870912 // indicates which validation rules to use template[`bits] : "1715b23e" // encoded target template[`target] : "00000000000000000015b23e0000000000000000000000000000000000000000" template[`previousblockhash] : "000000000000000000042e1de089b9ee56a5aeab5f49dc534f090bfe022cbec8" first template[`transactions] : data | "0200000002446b124c95e37465f0d8a229450f6f77cb031b188a7d2f7074b..." txid | "9995322b1aa0c4518e031efadc9a51da4831217631010662c36516e776594e17" Block headers Our job as the miner is to construct the required header with this information that hashes to a lower value than the target. The header itself is a concatenated hexadecimal string consisting of the following (from😞 Bytes Name Data Type Description 4 version int32_t The block version number indicates which set of block validation rules to follow. 32 previous block header hash char[32] A SHA256(SHA256()) hash in internal byte order of the previous block’s header. This ensures no previous block can be changed without also changing this block’s header. 32 merkle root hash char[32] A SHA256(SHA256()) hash in internal byte order. The merkle root is derived from the hashes of all transactions included in this block, ensuring that none of those transactions can be modified without modifying the header. 4 time uint32_t The block time is a Unix epoch time when the miner started hashing the header (according to the miner). Must be strictly greater than the median time of the previous 11 blocks. Full nodes will not accept blocks with headers more than two hours in the future according to their clock. 4 nBits uint32_t An encoded version of the target threshold this block’s header hash must be less than or equal to. 4 nonce uint32_t An arbitrary number miners change to modify the header hash in order to produce a hash less than or equal to the target threshold. If all 32-bit values are tested, the time can be updated or the coinbase transaction can be changed and the merkle root updated. Merkle root "Merkle roots allow for efficient and secure verification of large data structures, and in the case of blockchains, potentially boundless data sets." (coinomi) Our Merkle root function: buildmerkleroot:{[leafs] leafcount: count leafs; root: $[1 = leafcount; first leafs; [if [0 < leafcount mod 2; leafs: leafs,enlist last leafs; leafcount: 1+leafcount;]; // if odd number, duplicate last record oddindicies: 1+2*til "i"$(leafcount%2); evenindicies: 2*til "i"$(leafcount%2); hashpairs: leafs[evenindicies] ,' leafs[oddindicies]; branches:{ doubleSha256Byte x } peach hashpairs; buildmerkleroot[branches] ] ]; root }; Order transaction hashes to build the merkle root. hashlist: {x[`hash]} each transactions; hashlist: (enlist coinbasetranshash), hashlist; bytehashlist: hexstring_to_hex peach hashlist; bytehashlistBigEndian:reverse peach bytehashlist; Merkleroot: buildmerkleroot[bytehashlistBigEndian]; If you are astute, you may have noticed the coinbase transaction hash creep in there. Coinbase transaction The coinbase transaction is the record of the reward we pay ourselves for mining the block. As miners, we must place the coinbase transaction at the beginning of the transaction list. Format from Bytes Name Data Type Description 4 version int32_t Transaction version number (note, this is signed); currently version 1 or 2. Programs creating transactions using newer consensus rules may use higher version numbers. Version 2 means that BIP 68 applies. Varies tx_in count compactSize uint Number of inputs in this transaction. 32 hash (null) char[32] A 32-byte null, as a coinbase has no previous outpoint. 4 index (UINT32_MAX) uint32_t 0xffffffff, as a coinbase has no previous outpoint. Varies script bytes compactSize uint The number of bytes in the coinbase script, up to a maximum of 100 bytes. Varies (4) height script The block height of this block as required by BIP34. Uses script language: starts with a data-pushing opcode that indicates how many bytes to push to the stack followed by the block height as a little-endian unsigned integer. This script must be as short as possible, otherwise it may be rejected. The data-pushing opcode will be 0x03 and the total size four bytes until block 16,777,216 about 300 years from now. Varies coinbase script None The coinbase field: Arbitrary data not exceeding 100 bytes minus the (4) height bytes. Miners commonly place an extra nonce in this field to update the block header merkle root during hashing. 4 sequence uint32_t Sequence number. Varies tx_out count compactSize uint Number of outputs in this transaction. 8 value int64_t Number of satoshis to spend. Coinbase transactions spend the block subsidy and collected transaction fees. 1+ pk_script bytes compactSize uint Number of bytes in the pubkey script. Maximum is 10,000 bytes. Varies pk_script char[] Defines the conditions which must be satisfied to spend this output. 4 lock_time uint32_t A time (Unix epoch time) or block number. coinbaseversion : "01000000" coinbasein : "01" coinbaseprevtx : "0000000000000000000000000000000000000000000000000000000000000000" coinbaseprevout : "ffffffff"; coinbaseseq :"00000000"; coinbaseout : "01"; cbpubkey : "866b6c77fd236f9185bb11b4e176328d7f912a4b"; scriptPubKey : "76","A9","14" , cbpubkey, "88", "AC"; coinbasesl : "19"; coinbaselocktime : "00000000"; coinbasesats: littleEndian [ coinbasevalue; 16 ]; coinbasescript : "03" , ( littleEndian [ height; 6 ] ), texttohexstr [ "Reap what you sow." ]; coinbasescriptlen : littleEndian[ "i"$( count coinbasescript ) % 2;2]; coinbasetrans: coinbaseversion, coinbasein, coinbaseprevtx, coinbaseprevout, coinbasescriptlen, coinbasescript, coinbaseseq, coinbaseout, coinbasesats, coinbasesl, scriptPubKey, coinbaselocktime; coinbasetransbytes : hexstring_to_hex coinbasetrans; coinbasetranshash : raze string reverse doubleSha256Byte [ coinbasetransbytes ]; Again, for the astute there are a couple of points to note here outside of the format to pay yourself. First is that there are hidden messages encoded in each mined block (see cryptograffiti for examples ). Second is that there is a pubkey script language, using op codes to spend the outputs. This is bitcoin's smart contracts (for details see pubkey scripts). We use a standard Pay-to-Public-Key-Hash opcodes: OP_DUP ( 0x76 ) - Duplicates the top stack item. OP_HASH160 ( 0xA9 ) - The input is hashed twice: first with SHA-256 and then with RIPEMD-160. OP_EQUALVERIFY ( 0x88 ) - Returns 1 if the inputs are exactly equal, 0 otherwise, runs OP_VERIFY afterward. OP_CHECKSIG ( 0xAC ) - The entire transaction's outputs, inputs, and script (from the most recently-executed OP_CODESEPARATOR to the end) are hashed. The signature used by OP_CHECKSIG must be a valid signature for this hash and public key. If it is, 1 is returned, 0 otherwise. Hash race Now we have the constructs to find a live solution and submit it to the blockchain for reward. The block is now simple to put together: Block : Version , hashPrevBlock , Merkleroot , Time , Bits, 4#reverse 0x0 vs Nonce, transcounter , raze trans Except that the header hash value must be less than the extremely improbable target value. To achieve this, miners can vary the Nonce from 0 to 4,294,967,295. They can also update the transaction pool or message text to attain a different merkle root. Miner software and hardware optimisations are geared towards looping through different Nonce value hashes at faster rates, often at great expense ( with setup, electricity and security ). Our script is a portable, energy efficient parallel CPU solution; competitve with pooled resources or a high performance cpu cluster. One run through the entire Nonce range looks like this: curBlock: 0N! computeData`height; latBlock: 0N! blockcount[]; i :4200000000; while[11b ~ (curBlock > latBlock) , i > 0; // check if block is still current .Q.gc[]; // clean memory computehash peach i + til 100000000; // process in batches, typically takes 1-2 minutes on a normal modern computer i : 0N! i - 100000000; latBlock: 0N! blockcount[]; ]; One run through of 4.3 billion Nonces would meet the base rate difficulty of the genesis block a decade ago. The difficulty is self adjusting to average 10 minutes a block and now requires more iterations. In our code, we update the transaction list to create a new merkle root after exhausting the Nonce range. In cases of reward conflict, the longest transaction list wins. Here is the code and functions we use for the continous mining effort: submit:{[headerHex]headstr:raze string headerHex; blk: headstr ,raze string computeData`trans; h (`.bitcoind.submitblock;blk);0N! "SUCCESS: ", headstr;}; hashcheck:{[finalHash;headerHex] if [finalHash[til 7] ~ 0x00000000000000; targ: computeData`target; if [finalHash[7] <= targ[7]; finalHashstr: raze string finalHash; lz:first where finalHashstr <> "0"; $[leadingzeros < lz; [ submit[headerHex]; ]; [ simpletarget: hex_to_int targ[8 9 10 11] simplehash: hex_to_int finalHash[8 9 10 11] if[ simplehash < simpletarget; submit[headerHex];] if [simplehash = simpletarget; simpletarget: hex_to_int targ[12 13 14 15] simplehash: hex_to_int finalHash[12 13 14 15] if[ simplehash < simpletarget; submit[headerHex];] if [simplehash = simpletarget; simpletarget: hex_to_int targ[16 17 18 19] simplehash: hex_to_int finalHash[16 17 18 19] if[simplehash < simpletarget; submit[headerHex];] if [simplehash = simpletarget; simpletarget: hex_to_int targ[20 21 22 23] simplehash: hex_to_int finalHash[20 21 22 23] if[ simplehash < simpletarget; submit[ headerHex ] ] ] ] ] ] ] ] ] } computehash:{[Nonce] hashcheck[reverse sha2561[ endMerkle , 4#reverse 0x0 vs Nonce; H0; target32 ]; computeData`partialHeader , 4#reverse 0x0 vs Nonce]; }; cycleAttempts: { [ ] computeData:: h"loadUpdates[];computeData"; H0:: sha2560 64#computeData`partialHeader; target32:: -4#8#computeData`target; leadingzeros:: first where (raze string computeData`target) <> "0"; endMerkle:: -12#computeData`partialHeader; //process 100,000,000 at a time ~ 1 min on a normal modern computer // check if block has already been mined between efforts curBlock: 0N! computeData`height; latBlock: 0N! blockcount[]; i :4200000000; while[11b ~ (curBlock > latBlock) , i > 0; .Q.gc[]; computehash peach i + til 100000000; i : 0N! i - 100000000; latBlock: 0N! blockcount[]; ]; cycleAttempts[]; }; cycleAttempts[]; Perhaps you can see the rabbit hole. I refer the interested to the bitcoin white paper. Please visit our github page for full code. Feedback is welcome at the email below.
  10. I just see something on yobit about Virtual mining , whats the differences between normal mining ? They're selling miners but ı don't know how it works. After we purchase miners how long can we use miner. Do we need graphic card for that ? thank you...
  11. What Happens to Bitcoin After All 21 Million Are Mined? Do you think one time about this question? Do you know the answer? Bitcoin price will be higher or lower? What if we start holding our bitcoin now? there will only ever be 21 million bitcoins ever produced, and these are introduced to the bitcoin supply at a fixed rate of one block every ten minutes, on average. Moreover, the amount of bitcoin released in each of those blocks is reduced by half on an every four year schedule. Many reports talked about Bticoin price will pumb up to 50,000 dollar after mining processes ends! so it's really good idea to start holding your bitcoin if you don't need them for investment or even to trade! demanding on Bitcoin will be so big! So I think in the future we will be lucky if we still have more than 0.01 bitcoin !
  12. Greetings, friends. As I've observed, the price of the MINEX token mined by the Virtual miners increases steadily each passing day. This is suppossed to be a good thing. However, I also notice that the miner prices are increasing dramatically and I think in the near future it will become too expensive for the new customers to buy. It seems to me that this will cause a significant drop in the MINEX token prices and hinder the overall profitablity of the miners. What do you think about my concerns? Thanks for your responses in advance and have a nice day.
  13. * подождите пока загрузятся изображения, если ничего не происходит обновите страницу "Я не являюсь членом команды какого-либо проекта, меня наняли для промо кампании и комьюнити менеджмента, вступайте или инвестируйте на свой риск, не расчитывая на мою репутацию. Я проверяю легитимность проектов, но даже я могу быть обманут." @bubbalex
  14. Beware of anything that looks to good to be true... We have all grown up with some sort of warning of this nature and you should apply it to mining profits from HYIP miners. You know the ones that promise 14 day ROI and profits forever. If you were to just step back and think it through, you immediately get the feeling, yeah, that can not be right. Case Study as of late is The site, which as of this writing is still active, but not paying, is one of these Too Good to be true stories.
  15. There are always some miners in the network who are confirming the transactions and keep the network going. Miners will receive coins as rewards for their activities. So, this idea comes to mind that since they don't buy the coins at any price, whatever they earn is 100% profit but this is a wrong belief because they have invested heavily in mining tools and they have to recover this cost first to earn anything. Miners can both start mining when prices are low and when they are high. If you mine when the coins are cheap, you will earn both from mining and from the future increase in value of your coins. I think this is the best time to start mining any coin. But what about the other case? Is it profitable to start mining when the prices are high? In this case, you will earn coins with high values but when prices go down, you will lose big. What is your opinion about the best time for mining?
  16. As I said earlier from my previous posts on gambling that I will be coming up with a new topic on mining. Mining: is reffered to a process were all cryptocurrencies transactions are verified and mined to the blockchain. Whenever a cryptocurrency transaction is made on the blockchain, a cryptocurrency miner is responsible for ensuring a Successful transactions . In mining itself has a wide range which also involves competing with other cryptominers to find solution to mathematical problems with hash functions that was associated with a blockchain which contains the almost all the transaction datas. Almost all cryptominers regarding the size of your mining machine they earn small amounts of cryptocurrency of their own after each Successful transactions. Therefore it was difficult for the miners to be competitive with other cryptominers. Note to do mining you need a p.c/ mining computer that is specialized mining. All the way we have a visual mining you can practice on yobit exchange for the contest via the pinned post in green to be among the winners of 10 btc. You need to get this friends. When going into mining you may experience some Expenses like electricity, internet connection, and also computing hardware that also have great impact to the net revenue generated by cryptocurrency mining machine 24/7 electricity is needed to keep mining. To start mining as a cryptocurrency miner some of this conditions need to be observed/satisfied : 1. You most need a computer hardware with a specialized graphical processing unit (GPU). Having this satisfied will help you in your mining 2. You most also need specific integrated circuit (ASIC) should be satisfied. 3. sufficient cooling facility should be included. 4. Make sure your mining internet c Is connected 24/7 to avoid interruption. 5. Also try to have alegitimate cryptocurrency mining software package 6. Always be on both in online cryptocurrency exchange as well as in online mining pool. If you are able to get this much satisfied then you will not have problem in your mining. You will always have some earnings on daily transactions depending on numbers of Transactions you made on the block. I have said it before each fee/tax charge from you during transactions goes directly to the Miners wallet. Without the help of miners transactions will take longs and not easily processed. As the number if cryptocurrency users are increasing substantially many countries are coming in to cryptoworld there was a lot competitors. This is the little you knowledge I can share with you about mining. You can also share us some of your knowledge so that we can also learn from you because this forum is just a family that get us together.... Thank you all for your responses 🙏
  17. Добрый вечер, уважаемые коллеги. Представляю вам вторую компанию от перспективного проекта SmartX. Что нужно делать, чтоб начать "майнить"? Все просто: 1) заходим на сайт , переходим с китайского на ENG. 2) вводим ERC-20 кошелек (не перепутайте с ключем, начинается с 0х...) 3) вводим Код приглашения avotlo (без него не выйдет работать, он дает 5% от добычи реферала) После входа монетки производятся каждую секунду, когда наберётся максимальное количество, согласно текущего уровня, нажимаем 1. Появляется капча - вводим и жмем снова 1. Монетки переходят в красный сектор - 3 Когда набирается необходимое количество собранных поинтов, можно поднять уровень. Нажав на 2 С повышением уровня количество раз когда нужно зайти на сайт чтобы собрать монеты будет уменьшаться ( постоянно сидеть в этом окне не обязательно, главное, чтоб был открыт в браузере). Часто количество собраных поинтов не соответствует действительности. Иногда при вводе капчи монеты могут не засчитываться, для этого обновляем страницу и заходим снова. 4 - Rewards, здесь отображаются все по дням, что было собрано в перерасчете в монеты SAT. Вывод в конце месяца. 5 - правила. 6 - пригласить друзей. 7 - Официальная группа в Телеграм - . ОФИЦИАЛЬНЫЙ WEB-сайт ПРОЕКТ ЕЩЕ НИГДЕ НЕ ТОРГУЕТСЯ, ПЛАНИРУЕТСЯ ЛИСТИНГ В 2020 г. ИНСТРУКЦИЯ И ОПИСАНИЕ ОТ РАЗРАБОВ - P.S. Я всего лишь криптан, как и вы, коллеги, и не являюсь частью команды. Советую вводить капчу и забирать монетки примерно раз в пол часа. На начальных уровнях (с 1 по 5 где-то) раз в 5-10 минут. Уровни достигаются достаточно быстро. Всем успехов! Готовимся к новому сезону альткоинов, вместе!
  18. Blake Star 2.0, the BLAS trading symbol, is a digital cryptocurrency focused on privacy and anonymity for its users. The Blake Star 2.0 network is supported by one new algoritm x22, as well as the creation of paid masternode nodes, decentralized miners that process transactions in blocks that are added to the public blockchain. When creating each block, a certain amount of Blake Star 2.0 is created, which is paid to the miners, as well as to the masternode nodes that are served by the network. The complexity of the algorithms for checking the work progress is adjusted so that a block is created approximately every 2.3 minutes. Blake Star 2.0 was created not only to provide reliable user privacy that Bitcoin and all other cryptocurrencies lacked at the time, but also to provide a cryptocurrency that could support possible repression from hostile governments and central banks. Unlike many alternative cryptocurrencies, which only serve to financially enrich developers, Blake Star 2.0 was released in a completely transparent manner and with a fair initial distribution of coins. The coin is actively developing, a team of 4 active developers is working on the project every day. Developers have a long history of working on online privacy issues. In digital networks, anonymity is the lack of evidence that can reveal the true identity, social data, and location of someone. While the lack of identifying information such as names or addresses is the first step towards achieving anonymity, it is not enough in the context of digital blockchain transactions using bitcoins and other cryptocurrencies. This partial anonymity is pseudonymous, not anonymous: all your transactions are visible, and the only thing that protects you is your “fake” name. Currently, the development team is working to create an innovative platform that will achieve the maximum level of anonymity and speed of transactions in the Blake Star 2.0 network. The platform will work on the principle of differentiation of block hashes at the input and output of transactions, in addition, all active master nodes that will participate in this process, every 20 days will receive an additional reward of 220 coins. The master nodes will be added to the wallet functions when the network reaches 70,000 blocks. The price of the master node will be 13,750 coins. Also, taking into account the completion of new features, the remuneration for the block will be changed by +175%.For better network protection, a new algorithm of own development x22 was also added !! SPECEFICATIONS: Symbol: BLAS Consensus:PoW (proof-of-work)new algoritm x22, and masternode. Mining algorithms: X22 Blocktime: 150 seconds RPC port: 9798 P2P port: 9779 Blockreward schedule: Blocks 2 to ... : 0.75 BLAS The master nodes will be added to the wallet functions when the network reaches 70,000 blocks WALLET: addnode= addnode= addnode= GitHub: Windows Wallet: MacoS Wallet: Linux Wallet : LINKS: NEW Web: Explorer: Discord: Facebook: Twitter: Telegram:
  19. We know that mining attracts people.It has a magnetic approach for investors who are Interested to invest in Cryptocurrency.But Is it safe enough or a risky business?we believe Cryptocurrency is future and they are rewarding limitlessly.
  20. Guys would like to hear from you about experiences with alternative energy for BTC mining, why BTC, because Bitcoin knows that the difficulty today is high, because of the big miners, from ASICS, but for an ordinary user who uses a rig for example about 8 gpus is worth it to invest in alternative energy such as sunlight, or other than conventional to mine? Leave your opinion or those who mine and use some kind of alternative energy leave your experience here in this topic, it will be welcome. Hugs
  21. ASIC mining difficulties for now, software updates continue to be done to improve mining performance, the use of illegal overclocking software, can damage the mining itself. buying a new device is the best desire but requires substantial funds for this. what are your choices for mining to keep going?
  22. I wonder if anyone here uses Nicehash to mine some satoshis by computer? And what did you think of the new Nicehash platform? I use Nicehash, and I'm really enjoying it, especially after the upgrade. But I would like to know the opinion of more people who use it too and if they have a better suggestion to be able to mine by personal computer, it will be welcome !!
  23. which is the correct way to start online mining? What computer should I have? Can I do it from my cell phone? Please advise me, I need help, I managed to raise a capital and it is time to start generating passive income. My contact address:
  24. Hey I just want to ask how can I mine from home and how to start from zero what is the best graphics card for mining especially if my country can't get mining graphics cards thanks for helping
  25. There are many ways to make money with Bitcoins. Logically, the most popular methods involve acquiring bitcoins, and then I can sell to earn money in the currency of choice. ¿Which page recommends me to earn bitcoin?
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