wafflepool.com - An auto switching scrypt coin mining pool
WafflePool is a multi-coin (scrypt) mining pool. Point your miner to WafflePool with a Bitcoin address as your username, and we take care of automatically mining the most profitable coin at all times, converting the earnings from each coin into Bitcoins, and paying you out in bitcoins! Mining alt-coins and converting to bitcoin is very often orders of magnitude more valuable than mining Bitcoin directly! No registration, no hassles, just point and start getting paid!
NiceHash offers you to buy or sell hashing power directly, no contracts, no limitations, pay-as-you-go if you're a buyer and be-paid-as-you-go if you're a seller. Why bother renting rigs, when you can rent hashing power? NiceHash brings more to renters and rig owners. Visit https://www.nicehash.com today! Simply create order and you are already mining your favorite coin or point your rig to our stratum server and you are already earning bitcoins.
Anyone have any idea if there is a website or btc mining pool where you can buy your bitcoin driectly from the miners? Big or small volume. When operating a crypto business from a risk based aproached view which is mandatory if you are a regulated business, this seems to be the most "low risk" way to buy bitcoin since the newly mined coins havent been used before.
Bitcoin price may spark ‘war of miners’ — 1-day pool outflows hit $18M
This post was originally published on this siteThis post was originally published on this siteBitcoin (BTC) losing 5% in a day has sparked major changes for miners, data shows as mining pools suddenly send large amounts of BTC to exchanges. Data from on-chain monitoring resource CryptoQuant reveals that Sept. 2 saw outflows spike across major mining pools. CryptoQuant expects “war” over BTC […]
08-31 07:38 - 'I would appreciate if you explained how I'm wrong. I once wrote a Bitcoin miner (which connects to a stratum mining pool), and have dived quite deep into the math, data structures and algorithms behind Bitcoin, so I think I kn...' by /u/mort96 removed from /r/Bitcoin within 475-485min
''' I would appreciate if you explained how I'm wrong. I once wrote a Bitcoin miner (which connects to a stratum mining pool), and have dived quite deep into the math, data structures and algorithms behind Bitcoin, so I think I know what I'm talking about, but I'm always receptive to a well-reasoned explanation of how I'm wrong so that I can learn something new. ''' Context Link Go1dfish undelete link unreddit undelete link Author: mort96
Hi, I and surely many others would be interested in what potential risks can arise. I stress, potential risks not actual. These risks certainly affect other crypto currencies or DTL's to some extent. Therefore I ask you to write any risks you can think of in the comments below. Where I'll start. Organizational · slowing or prohibiting regulation (likely) · Excessive competition (probable) · insufficient financing (unlikely) · Internal conflicts (very likely) · No acceptance by users (uncertain) Technology · Incorrect implementation of IRI leading to different attack vectors (very likely) · Single Point of Failure for society, economy and government in case of undiscovered errors and already highly advanced adaptation (unlikely) · Poor scalability due to some limitations (uncertain) · Coordinator cannot be turned off that Equilibrium does not correspond to reality (almost impossible, in my opinion) · No one willing to store data as a perma-node (unlikely, not critical) · Address reuse (very unlikely) · Overload of single nodes leading to centralization, compare Bitcoin-Miner Pools (you can imagine) · Unsafe hash algorithms to run the Tangle (unlikely, Blackhat) · Coordinator limits the network (very unlikely) · Various successful attacks on the Tangle architecture (uncertain, critical) · DDoS attacks (likely, not critical?) · Unknown security risks (probable) Social · Owner's own responsibility. (Do we have to protect citizens from themselves?) · Lost values can no longer be restored (lost, stolen, burned, inherited, access lost) · Privacy(MAM) · Tax evasion (unlikely, traceable) · Price volatility (unlikely with sufficient adoption) · Unfair distribution of values (Seems stronger than compared to bitcoin or the real economy) · Identity theft (probably, only with a seed you can take over the identity) Ethics · Environmental damage (seems unlikely) · Unwanted or prohibited data in the data structure (very likely, Permanodes might still clean it as long as it does not represent a transaction with value) What comes to your mind on this subject? You don't agree with my points? Tell me what you think.
80% of BTC are mined in China, mining equipment is overwhelmingly made in China, and a relatively small number of mostly Chinese mining pools / miners are keeping up the blockchain. Are you worried about this centralization? If not, why not? (x-post from /r/Bitcoin)
Bitcoin (BTC) miners may have started selling coins once more as data shows two mining pools release over 7,000 BTC in a single day.The figures, from on-chain monitoring resource CryptoQuant, came hours before BTC/USD abruptly fell back to $9,500 on June 24. Poolin
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