Best Bitcoin Mining Pools 2020 – The Ultimate List of

Mining Solo vs. Joining A Bitcoin Mining Pool

Mining Solo vs. Joining A Bitcoin Mining Pool submitted by SeriousCity to Bitcoin [link] [comments]

Bitcoin is already perfectly private

Holy flying cow guys we were wrong all the time! Turns out perfect privacy with Bitcoin is not a problem at all!
Look at what I found: https://en.bitcoin.it/wiki/Privacy#Example_-_A_perfectly_private_donation
(...)
  1. Solo-mine a block, and have the newly-mined coins sent to your wallet.
  2. Send the entire balance to a donation address of that organization.
  3. Finally you destroy the computer hardware used.
See? Amazing privacy for Bitcoin. We don't need privacy coins.
submitted by BrugelNauszmazcer to Monero [link] [comments]

COSMiC V4.1.3t Update [ nVidia-CUDA | Win64 | GUI-Based ]

Hello everyone! I'm happy to share what I've been working on with you today. This is an update to COSMiC V4 that makes significant improvements to nearly every area of the miner (detailed below.)
Important Note: Now built against CUDA v10.1+Update1, so it is strongly recommended that you update your nVidia graphics drivers. (It is NOT necessary to install the CUDA toolkit)
FEATURES:
CHANGES THIS VERSION:
Download Link:
https://bitbucket.org/LieutenantTofu/cosmic-v3/downloads/COSMiC-v4.1.3t-Win64.zip
Screenshots:
https://imgur.com/a/4LshQ1d
If you have any questions, comments or feedback feel free to leave them here or contact me on the 0xBitcoin Discord (Username: LtTofu#6168)!
submitted by LieutenantTofu to 0xbitcoin [link] [comments]

COSMiC v4.1.3 - the GUI-based, High-Performance Ethereum Token Miner [ ERC-918/0xBTC | nVidia/CUDA | Win64 ]

Hello everyone! I'm happy to share what I've been working on with you today. This is an update to the COSMiC V4 token miner (for nVidia/CUDA devices and Windows 7 or newer, 64-bit). This version makes substantial improvements to nearly every area of the miner (detailed below.)
Requires: 1 or more nVidia (CUDA) GPU, any 64-bit CPU (>2 threads recommended), any 64-bit Windows version (Windows 7 should work, but developed for Windows 8.1 and up.) Remember to install the latest nVidia graphics drivers
Supports Mining: 0xBitcoin, KiwiToken, S.E.D.O., (standalone or merge-mined with 0xBTC), CatEther(0xCATE), Bitcoin Classic Token (on the Ethereum Classic network), LiraPay, CryptoPepes (mining 'rat-race' now over), and many other ERC-918 token varieties!
Important Note: Now built against CUDA v10.1+Update1, so it is strongly recommended that you update your nVidia graphics drivers. (It is NOT necessary to install the CUDA toolkit)
FEATURES:
CHANGES THIS VERSION:
Download Link:
https://bitbucket.org/LieutenantTofu/cosmic-v3/downloads/COSMiC-v4.1.3t-Win64.zip
Screenshots:
https://imgur.com/a/4LshQ1d
If you have any questions, comments or feedback feel free to PM me, comment here, on the 0xBTC subreddit, or the 0xBitcoin Discord ( Username: LtTofu#6168, Invite URL: https://discord.gg/NrYTf8 ).
submitted by LieutenantTofu to gpumining [link] [comments]

"Small Miners" who might be hurt by larger blocks don't exist

Many are familiar with the litany of misconceptions being used to make small blocks seem reasonable in Bitcoin. Under the current censorship regime they seem to multiply like vermin, so it bears squashing one now and again with cold hard facts to help keep you sane. Here's squashing another:
There are no small miners anymore
At least, not in the way you think.
One complaint I've heard over and over is "what about the costs bigger blocks will have on small miners? Won't that cause centralization pressure in mining?"
The thinking here is: were bitcoin to grow wildly successful with a big-block growth policy, eventually the computers that run the miner's node will start to be as expensive as the miners they're running. Large node costs favor larger miners because they're amortized over a larger hashrate. Eventually, it will be so expensive that you'll have just one miner in one datacenter and then bitcoin is no better than PayPal (that old refrain).
To small blockers, this great evil was made even more apparent Craig_S_Wright dropped his "$20,000 computer to run bitcoin" comment. How could anybody afford $20,000? That's so much money!
Like most arguments for small blocks, it all sounds logical until you actually look at the numbers involved.
Solo vs. Pool Mining
You don't solo mine unless you have enough hashpower to overcome block volatility. Solo mining is the most hair-raising experience. Are your miners working? Are they solving hashes? What if you get orphaned? Is your node down? Is someone attacking you? Where are the blocks today? Can I solve enough blocks this week to pay my electric bill? Etc. etc.
Its much less hair raising the more hashpower you have. At around 5% of the network hashpower you're mining 7.2 blocks a day - a healthy cadence that keeps you sane, and can help you spot trouble where your automated systems might miss it.
If you have less than 1% of the hashpower, you're almost certainly pool mining: otherwise the volatility is just too much. You connect to the pool of your choice over stratum, and mine together with others. You aren't running a full network node to do this (the pool you choose takes a portion of the reward to run one on your behalf).
So the "small" miners who might be hurt by larger blocks run between 1% and 5% of the network. Any smaller than that and they're pool mining, any larger and they're not a small miner anymore.
How much might bigger blocks harm small miners? How much does $20,000 (our worst-case scenario) compare to their other costs and capital outlays? If we found it was some large percentage, say 5%, or even 1%, there's a reasonable argument to be made that big blocks disproportionately harm small miners, and we should take these arguments seriously.
How much does it actually cost to buy enough equipment to own 1% of the bitcoin hashrate?
$21,000,000
That's right. Twenty One Million Dollars. Do the math yourself: an Antminer S9 costs $3,600 today (less if you wait, but the hashrate is growing) and you need about 6,100 of them to own 1% of the bitcoin network (this number is growing daily).
That's just the miners! You also need a building, cooling fans, 8MW worth of utility transformers, cable, labor to install everything, circuit breakers, etc. etc. etc.
Remember that crazy $20,000 worst-case node that seemed insanely expensive?
$20,000 is a rounding error in comparison with $21,000,000. It's literally less that 0.1%.
Even a $20,000 node wouldn't measurably increase a small miner's costs
How does this cost compare to some other costs a "small" miner might encounter?
If you've bought $21M of equipment from China, you could easily spend more than $20,000 fat-fingering the customs forms. With that much hashrate on the line you lose $20,000 for every 5 hours your miners are delayed in shipping (or installation, or turn-on, or whatever). Takes an extra day to install the last 20% of your miners? That just cost you $20,000 right there. Forgot to buy spare power supplies and 1% of the ones you had failed? Probably cost you more than $20,000.
The numbers you're dealing with here as even a "small" miner are just huge.
Which just goes to show:
There's no such thing as a small miner anymore
At lease not one that would be impacted by larger blocks.
What about small pools, eh? Wouldn't they face centralization pressure?
The same economics works for pools as it does for miners. Pools with less than 5% of the hashrate struggle with volatility just like small solo miners.
If you're running a pool that's handling 1% of the network's hashrate, you have $3,000,000 a month worth of BTC flowing through that place. The lease on a $20,000 computer is what, $1,000 a month? That's 0.03% of your revenue. Almost anything you do will effect your pool's profitability more than that.
Conclusion
So if you're like me and aren't convinced that cost increase numbers like 0.1% and 0.03% represent measurable centralization pressure, take solace in knowing that you're not alone in finding that whole class of arguments ridiculous.
Indeed, those of use who aren't innumerate agree with you.
submitted by 50thMonkey to btc [link] [comments]

How do I mine Dogecoin?

How do I mine Dogecoin?
Let’s take a lucky guess that you’re here today because you’ve heard a lot about cryptocurrencies and you want to get involved, right? If you’re a community person, Dogecoin mining might be the perfect start for you!
Bitcoin was the first in 2009, and now there are hundreds of cryptocurrencies. These new coins (that operate on their own native blockchain) are called altcoins or alternative coins. One popular altcoin is Dogecoin. It can be bought, sold and traded, just like Bitcoin. It can also be mined!
So, what is Dogecoin mining?
You’ll know what hardware and what software you need to get started. You’ll also know whether or not Dogecoin mining is for you!
So, where would you like to start? The beginning? Great choice. Let’s have a quick look at how Dogecoin got started.
A (Very) Short History of Dogecoin
In 2013, an Australian named Jackson Palmer and an American named Billy Markus became friends. They became friends because they both liked cryptocurrencies. However, they also thought the whole thing was getting too serious so they decided to create their own.
Palmer and Markus wanted their coin to be more fun and more friendly than other crypto coins. They wanted people who wouldn’t normally care about crypto to get involved.
They decided to use a popular meme as their mascot — a Shiba Inu dog.

https://preview.redd.it/rymnyyz1iil31.png?width=303&format=png&auto=webp&s=f138e3fe56eef9c6b0e7f49b84fefc41fb83e5aa
Dogecoin was launched on December 6th, 2013. Since then it has become popular because it’s playful and good-natured. Just like its mascot!
Dogecoin has become well-known for its use in charitable acts and online tipping. In 2014, $50,000 worth of Dogecoin was donated to the Jamaican Bobsled Team so they could go to the Olympics. Dogecoin has also been used to build wells in Kenya. Isn’t that awesome!
Users of social platforms – like Reddit – can use Dogecoin to tip or reward each other for posting good content.
Dogecoin has the 27th largest market cap of any cryptocurrency.
Note: A market cap (or market capitalization) is the total value of all coins on the market.
So, Dogecoin is a popular altcoin, known for being fun, friendly and kind. It’s a coin with a dog on it! You love it already, don’t you?
Next, I want to talk about how mining works…
What is Mining?
To understand mining, you first need to understand how cryptocurrencies work. Cryptocurrencies are peer-to-peer digital currencies. This means that they allow money to be transferred from one person to another without using a bank.
Every cryptocurrency transaction is recorded on a huge digital database called a blockchain. The database is stored across thousands of computers called nodes. Nodes put together groups of new transactions and add them to the blockchain. These groups are called blocks.
Each block of transactions has to be checked by all the nodes on the network before being added to the blockchain. If nodes didn’t check transactions, people could pretend that they have more money than they really do (I know I would!).
Confirming transactions (mining) requires a lot of computer power and electricity so it’s quite expensive.
Blockchains don’t have paid employees like banks, so they offer a reward to users who confirm transactions. The reward for confirming new transactions is new cryptocurrency. The process of being rewarded with new currency for confirming transactions is what we call “mining”!

https://preview.redd.it/rcut2jx3iil31.png?width=598&format=png&auto=webp&s=8d78d41c764f4fe4e6386da4f40a66556a873b87
It is called mining because it’s a bit like digging for gold or diamonds. Instead of digging with a shovel for gold, you’re digging with your computer for crypto coins!
Each cryptocurrency has its own blockchain. Different ways of mining new currency are used by different coins where different rewards are offered.
So, how do you mine Dogecoin? What’s special about Dogecoin mining? Let’s see…
What is Dogecoin Mining?
Dogecoin mining is the process of being rewarded with new Dogecoin for checking transactions on the Dogecoin blockchain. Simple, right? Well no, it’s not quite that simple, nothing ever is!
Mining Dogecoin is like a lottery. To play the lottery you have to do some work. Well, actually your computer (or node) has to do some work! This work involves the confirming and checking of transactions which I talked about in the last section.
Lots of computers work on the same block of transactions at the same time but the only one can win the reward of new coins. The one that earns the new coins is the node that adds the new block of transactions to the old block of transactions. This is completed using complex mathematical equations.
The node that solves the mathematical problem first wins! It can then attach the newly confirmed block of transactions to the rest of the blockchain.
Most cryptocurrency mining happens this way. However, Dogecoin mining differs from other coins in several important areas. These areas are;
  • Algorithm: Each cryptocurrency has a set of rules for mining new currency. These rules are called a mining or hashing algorithm.
  • Block Time: This is the average length of time it takes for a new block of transactions to be checked and added to the blockchain.
  • Difficulty: This is a number that represents how hard it is to mine each new block of currency. You can use the difficulty number to work out how likely you are to win the mining lottery. Mining difficulty can go up or down depending on how many miners there are. The difficulty is also adjusted by the coin’s protocol to make sure that the block time stays the same.
  • Reward: This is the amount of new currency that is awarded to the miner of each new block.
Now, let’s compare how DogeCoin mining works compared to Litecoin and Bitcoin…
Mining Comparison
Bitcoin uses SHA-256 to guide the mining of new currency and the other two use Scrypt. This is an important difference because Scrypt mining needs a lot less power and is a lot quicker than SHA-256. This makes mining easier for miners with less powerful computers. Fans of Litecoin and Dogecoin think that they are fairer than Bitcoin because more people can mine them.
Note: In 2014, Litecoin and Dogecoin merged mining. This means they made it possible to mine both coins in the same process. Dogecoin mining is now linked with Litecoin mining. It’s like two different football teams playing home games in the same stadium!
Mining Dogecoin is a lot faster than mining Litecoin or Bitcoin. The block reward is much higher too!
Don’t get too excited though (sorry!). Dogecoin is still worth a lot less than Bitcoin and Litecoin. A reward of ten thousand Dogecoin is worth less than thirty US Dollars. A reward of 12.5 Bitcoin is currently worth 86,391.63 US Dollars!
However, it’s not as bad as it sounds. Dogecoin mining difficulty is more than one million times less than Bitcoin mining difficulty. This means you are much more likely to win the block reward when you mine Dogecoin.
Now I’ve told you about what Dogecoin mining is and how it works, would you like to give it a try?
Let’s see what you need to do to become a Dogecoin miner…
How to Mine Dogecoin
There are two ways to mine Dogecoin, solo (by yourself) or in a Dogecoin mining pool.
Note: A Dogecoin pool is a group of users who share their computing power to increase the odds of winning the race to confirm transactions. When one of the nodes in a pool confirms a transaction, it divides the reward between the users of the pool equally.
Dogecoin Mining: Solo vs Pool
When you mine as a part of a Dogecoin pool, you have to pay fees. Also, when the pool mines a block you will only receive a small portion of the total reward. However, pools mine blocks much more often than solo miners. So, your chance of earning a reward (even though it is shared) is increased. This can provide you with a steady new supply of Dogecoin.
If you choose to mine solo then you risk waiting a long time to confirm a transaction because there is a lot of competition. It could be weeks or even months before you mine your first block! However, when you do win, the whole reward will be yours. You won’t have to share it or pay any fees.
As a beginner, I would recommend joining a Dogecoin pool. This way you won’t have to wait as long to mine your first block of new currency. You’ll also feel like you’re part of the community and that’s what Dogecoin is all about!
What You Need To Start Mining Dogecoin
Before you start Dogecoin mining, you’ll need a few basics. They are;
  • A PC with either Windows, OS X or Linux operating system.
  • An internet connection
  • A Shiba Inu puppy (just kidding!)
You’ll also need somewhere to keep the Dogecoin you mine. Go to Dogecoin’s homepage and download a wallet.
Note: A wallet is like an email account. It has a public address for sending/receiving Dogecoin and a private key to access them. Your private keys are like your email’s password. Private keys are very important and need to be kept completely secure.
There are two different types; a light wallet and a full wallet. To mine Dogecoin, you’ll need the full wallet. It’s called Dogecoin Core.
Now that you’ve got a wallet, you need some software and hardware.
Dogecoin Mining Hardware
You can mine Dogecoin with;
  • Your PC’s CPU: The CPU in your PC is probably powerful enough to mine Dogecoin. However, it is not recommended. Mining can cause less powerful computers to overheat which causes damage.
  • A GPU: GPUs (or graphics cards) are used to improve computer graphics but they can also be used to mine Dogecoin. There are plenty of GPUs to choose from but here are a few to get you started;SAPPHIRE Pulse Radeon RX 580 ($426.98)Nvidia GeForce GTX ($579.99)ASUS RX Vega 64 ($944.90)
  • A Scrypt ASIC Miner: This is a piece of hardware designed to do one job only. Scrypt ASIC miners are programmed to mine scrypt based currencies like Litecoin and Dogecoin. ASIC miners are very powerful. They are also very expensive, very loud and can get very hot! Here’s a few for you to check out;Innosilicon A2 Terminator ($760)Bitmain Antminer L3 ($1,649)BW L21 Scrypt Miner ($7,700)
Dogecoin Mining Software
Whether you’re mining with an ASIC, a GPU or a CPU, you’ll need some software to go with it. You should try to use the software that works best with the hardware you’re using. Here’s a short list of the best free software for each choice of mining hardware;
  • CPU: If you just want to give mining a quick try, using your computer’s CPU will work fine. The only software I would recommend for mining using a CPU only is CPU miner which you can download for free here.
  • GPU: If you mine with a GPU there are more software options. Here are a few to check out;CudaMiner– Works best with Nvidia products.CGminer– Works with most GPU hardware.EasyMiner– User-friendly, so it’s good for beginners.
  • Scrypt ASIC miner:MultiMiner– Great for mining scrypt based currencies like Litecoin and Dogecoin. It can also be used to mine SHA-256 currencies like Bitcoin.CGminer and EasyMiner can also be used with ASIC miners.
Recommendations
You’re a beginner, so keep it simple! When you first start mining Dogecoin I would recommend using a GPU like the Radeon RX 580 with EasyMiner software. Then I would recommend joining a Dogecoin mining pool. The best pools to join are multi-currency pools like Multipool or AikaPool.
If you want to mine Dogecoin but don’t want to invest in all the tech, there is one other option…
Dogecoin Cloud Mining
Cloud mining is mining without mining! Put simply, you rent computer power from a huge data center for a monthly or yearly fee. The Dogecoin is mined at the center and then your share is sent to you.
All you need to cloud mine Dogecoin is a Dogecoin wallet. Then choose a cloud mining pool to join. Eobot, Nice Hash and Genesis Mining all offer Scrypt-based cloud mining for a monthly fee.
There are pros and cons to Dogecoin cloud mining;
The Pros
  • It’s cheaper than setting up your own mining operation. There’s also no hot, noisy hardware lying around the house!
  • As a beginner, there isn’t a lot of technical stuff to think about.
  • You get a steady supply of new currency every month.
The Cons
  • Cloud mining pools don’t share much information about themselves and how they work. It can be hard to work out if a cloud mining contract is a good value for money.
  • You are only renting computer power. If the price of Dogecoin goes down, you will still have to pay the same amount for something that is worthless.
  • Dogecoin pools have fixed contracts. The world of crypto can change very quickly. You could be stuck with an unprofitable contract for two years!
  • It’s no fun letting someone else do the mining for you!
Now you know about all the different ways to mine Dogecoin we can ask the big question, can you make tons of money mining Dogecoin?
So, Is Dogecoin Mining Profitable?
The short answer is, not really. Dogecoin mining is not going to make you a crypto billionaire overnight. One Dogecoin is worth 0.002777 US Dollars. If you choose to mine Dogecoin solo, it will be difficult to make a profit. You will probably spend more money on electricity and hardware than you will make from Dogecoin mining. Even if you choose a Dogecoin pool or a cloud pool your profits will be small.
However, if you think I am telling you to not mine Dogecoin, then you’re WRONG! Of course, I think you should mine Dogecoin!
But why? Seriously…
Well, you should mine Dogecoin because it’s fun and you want to be a part of the Dogecoin family. Cryptocurrency is going to change the world and you want to be part of that change, right? Mining Dogecoin is a great way to get involved.
Dogecoin is the coin that puts a smile on people’s faces. By mining Dogecoin you’ll be supporting all the good work its community does. You’ll learn about mining from the friendliest gang in crypto. And who knows? In a few years, the Dogecoin you mine now could be worth thousands or even millions! In 2010, Bitcoin was worthless. Think about that!
Only you can choose whether to mine Dogecoin or not. You now know everything you need to know to make your choice. The future is here. So, what are you going to do?
submitted by alifkhalil469 to BtcNewz [link] [comments]

COSMiC v4.0a Public Test - The Easy-To-Use 0xBitcoin and ERC-918 Token Miner for nVidia/CUDA Devices (Windows 64-bit)

Release Thread: https://www.reddit.com/0xbitcoin/comments/c1590e/cosmic_v413t_update_nvidiacuda_win64_guibased/
Thanks!
Hello, 0xBitcoin Community! I'm happy to share my work with you today! This is a brand new CUDA miner for Pool-Mining 0xBitcoin and similar ERC-918 tokens like 0xBitcoinCash/0xKIWI. I've rewritten COSMiC from the ground up, using the best parts of v3.4 (the fastest/most stable release prior to this one.) Presenting, COSMiC V4! As I add more features to this miner, my goal is to make it as simple and pleasant to use as possible for newcomers to 0xBitcoin and mining in general.
SCREENSHOTS:
DOWNLOAD: (Out-Of-Date: See v4.0.1 link above)
FEATURES:
WHAT'S COMING SOON:
COMPATIBILITY:
Should work on nVidia(CUDA) cards Kepler(6xx-series) and up. Tested on Maxwell Gen2(9xx) and Pascal (GTX10x0). Developed on Windows 10. Should work on 8.1 and up (probably works on 7.) This is a 64-bit application and expects a 64-bit version of Windows.
Non-English Windows Users: **If the program crashes or doesn't launch when you double-click Cosmic.exe, please open the file Cosmic.exe.Config and change the 1.5 to read 1,5 - This is a bug with how decimal points are handled by a Windows function. I will add a fix right away. This workaround will hopefully fix the issue for you in the meantime. :) You should not need to edit the Config file manually in any other circumstance- just use the Options->Configure... menu item to quickly get set up.
You can probably also change this setting in Windows' 'Region & Language Settings' > 'Additional Date, Time and Regional Settings' > 'Change Date, Time or Number Formats' > 'Additional Settings' > Decimal Symbol `.`
HOW TO USE:
This is a brand new miner and as such only runs one GPU per instance. Multi-GPU support coming soon. See below for more info on using multiple GPUs.
MULTI-GPU INSTRUCTIONS:
A WORD ON INTENSITIES:
PERFORMANCE TIPS:
Please let me know what you think and help me to make this the best miner that it can be. :) I can be found here on Reddit or, for a faster response, look for me on the Discord (see sidebar) with the username @LtTofu [ Mag517 ]
Thanks for your support and feedback!
submitted by LieutenantTofu to 0xbitcoin [link] [comments]

Big or small pool?

I have recently dipped my toes into bitcoin mining. After getting familiar with benefits of pool mining vs solo mining, it became clear, that for someone with 14TH/S makes no sense to solo mine. However, upon further researching about pools and overall bitcoin eco system, I learned that; while joining a large pool, such as antpool for example, will be more profitable, the notion of joining a pool that is seemingly trying to get control over a decentralized currency, defeats what bitcoin stands for. My question is; as someone who is getting into mining, with plans to eventually grow my hashpower, should I join a big pool, or should i stick to a smaller pool?
submitted by chickensw0up to Bitcoin [link] [comments]

COSMiC v4.0a Public Test - The Easy-To-Use 0xBitcoin and ERC-918 Token Miner for nVidia/CUDA Devices (Windows 64-bit)

UPDATED VERSION https://www.reddit.com/0xbitcoin/comments/8ttg2a/cosmic_miner_v401t_update_windows_64bit_nvidiacuda/
Hello, 0xBitcoin Community! I'm happy to share my work with you today! This is a brand new CUDA miner for Pool-Mining 0xBitcoin and similar ERC-918 tokens like 0xBitcoinCash/0xKIWI. I've rewritten COSMiC from the ground up, using the best parts of v3.4 (the fastest/most stable release prior to this one.) Presenting, COSMiC V4! As I add more features to this miner, my goal is to make it as simple and pleasant to use as possible for newcomers to 0xBitcoin and mining in general.
SCREENSHOTS/GETTING STARTED VIDEO:
DOWNLOAD: (out of date: see https://www.reddit.com/0xbitcoin/comments/8ttg2a/cosmic_miner_v401t_update_windows_64bit_nvidiacuda/)
FEATURES:
WHAT'S COMING SOON:
COMPATIBILITY:
Should work on nVidia(CUDA) cards Kepler(6xx-series) and up. Tested on Maxwell Gen2(9xx) and Pascal (GTX10x0). Developed on Windows 10. Should work on 8.1 and up (probably works on 7.) This is a 64-bit application and expects a 64-bit version of Windows.
Non-US English Windows Users: **If the program crashes or doesn't launch when you double-click Cosmic.exe, please open the file Cosmic.exe.Config and change the 1.5 to read 1,5 - This is a bug with how decimal points are handled by a Windows function. I will add a fix right away. This workaround will hopefully fix the issue for you in the meantime. :) You should not need to edit the Config file manually in any other circumstance- just use the Options->Configure... menu item to quickly get set up.
You can probably also change this setting in Windows' 'Region & Language Settings' > 'Additional Date, Time and Regional Settings' > 'Change Date, Time or Number Formats' > 'Additional Settings' > Decimal Symbol `.`
HOW TO USE:
This is a brand new miner and as such only runs one GPU per instance. Multi-GPU support coming soon. See below for more info on using multiple GPUs.
MULTI-GPU INSTRUCTIONS:
A WORD ON INTENSITIES:
PERFORMANCE TIPS:
Please let me know what you think and help me to make this the best miner that it can be. :) I can be found here on Reddit or, for a faster response, look for me on the Discord (see sidebar) with the username @LtTofu [ _Cosmic Miner_ ]
Thanks for your support and feedback!
submitted by LieutenantTofu to Tokenmining [link] [comments]

COSMiC v4.0a Public Test - The Easy-To-Use (Full GUI) 0xBitcoin and ERC-918 Token Miner for nVidia/CUDA Devices (Windows 64-bit)

THIS VERSION IS VERY OLD: FIND COSMIC V4.1.3 HERE: https://www.reddit.com/0xbitcoin/comments/c1590e/cosmic_v413t_update_nvidiacuda_win64_guibased/
This update includes multi-GPU support, higher hashing performance, an improved UI, greater compatibility with older GPUs (Kepler and up), and more (see the changelog)
. . . . .
Hello, fellow GPU Miners! I'm happy to share my work with you today! This is a brand new CUDA miner for Pool-Mining 0xBitcoin and similar ERC-918 tokens like 0xBitcoinCash/0xKIWI. I've rewritten COSMiC from the ground up, using the best parts of v3.4 (the fastest/most stable release prior to this one.) Presenting, COSMiC V4! As I add more features to this miner, my goal is to make it as simple and pleasant to use as possible for newcomers to 0xBitcoin and mining in general.
SCREENSHOTS/GETTING STARTED VIDEO:
DOWNLOAD:
FEATURES:
WHAT'S COMING SOON:
COMPATIBILITY:
Should work on nVidia(CUDA) cards Kepler(6xx-series) and up. Tested on Maxwell Gen2(9xx), Pascal (GTX10x0) and TITAN V. Developed on Windows 10. Should work on 8.1 and up (probably works on 7.) This is a 64-bit application and expects a 64-bit version of Windows.
Non-US English Windows Users: **If the program crashes or doesn't launch when you double-click Cosmic.exe, please open the file Cosmic.exe.Config and change the 1.5 to read 1,5 - This is a bug with how decimal points are handled by a Windows function. I will add a fix right away. This workaround will hopefully fix the issue for you in the meantime. :) You should not need to edit the Config file manually in any other circumstance- just use the Options->Configure... menu item to quickly get set up.
You can probably also change this setting in Windows' 'Region & Language Settings' > 'Additional Date, Time and Regional Settings' > 'Change Date, Time or Number Formats' > 'Additional Settings' > Decimal Symbol `.`
HOW TO USE:
This is a brand new miner and as such only runs one GPU per instance. Multi-GPU support coming soon. See below for more info on using multiple GPUs.
MULTI-GPU INSTRUCTIONS:
A WORD ON INTENSITIES:
PERFORMANCE TIPS:
Please let me know what you think and help me to make this the best miner that it can be. :) I can be found here on Reddit or, for a faster response, look for me on the 0xBitcoin Discord (https://discord.gg/xAPwaDC) with the username @LtTofu [ _Cosmic Miner_ ]
Thanks for your support and feedback!
submitted by LieutenantTofu to gpumining [link] [comments]

[Serious, long] My thoughts on what next for Dogecoin

There’s been a lot of discussion in recent days about the decreasing price of Dogecoin, as well as the risk of a 51% attack from Wafflepool or similar. I wanted to do a wrap-up of the discussions happening amongst the developers of the last few weeks, partly to illustrate that we are looking at options, but mostly to talk about what is happening. Please note that this is all rapidly changing. Dogecoin is actually moving at breakneck speed for a project of its size, especially as we still have a relatively limited core team. This is part of why we don’t write posts very often, as they become out of date so quickly as new arguments and facts are presented.
Lets talk about 51% attacks first. The theory is that if anyone has over 51% of the total hashing power of the network, they can form a blockchain of their own which is considered “more valid” than the blockchain most users are on. This is because cryptocurrency blockchains are secured through proof of work, and therefore more work on a chain makes it, in essence, more valid. This risks an attacker spending coins on one chain, then releasing their own private, longer, blockchain. That latter blockchain replaces the original blockchain, and the coins they spent on the original blockchain are effectively returned to them as if the transactions never happened.
It’s important to understand this because I hear suggestions that Wafflepool shouldn’t accept over 51% of the network hashrate, and unfortunately all this would do is hide the risk. Having one pool own over 51% of the network hashrate is not a problem if it’s actually being used to mine, but instead if it’s used to create a personal blockchain. The other issue raised is one of price; we’ve been steadily dropping since around early February. The core of my answers here is that you need to consider demand vs supply. What happened back in February was that we saw a surge in demand beyond sustainable levels, likely in a form of tulip mania. As supply continued (mining), and demand dropped-off, our price has dropped. This has been worsened by a succession of bad news affecting Bitcoin (MtGox and other exchanges struggling, uncertainty of China and Russia, etc.), which both directly brings down our price, as well as undermining confidence in the entire cryptocurrency ecosystem. It has been suggested (and I can believe this, but have not done my own analysis) that as multipools continue to dominate Dogecoin mining, and they tend to sell coins directly, that they are further reducing the price. Specifically, given that while there is demand for further coins from miners, as they have already expended resources on mining hardware they cannot then purchase the cheap coins the mining pools are producing.
Lastly, there’s the question of ASICs; these are specialised mining devices which are significantly faster than CPU/GPU mining hardware, and typically cheaper to run due to reduced power and space requirements. Their introduction into mining at the moment leaves vastly disproportionate mining power in the hands of a few (there’s one individual with a hashrate of around 20GH/s, for example), and in time is likely to make mining on commodity hardware infeasible.
We’ve had a lot of suggestions for what to do; change proof of work algorithm, add multiple proof of work algorithms, move to proof of stake, merge-mine with Litecoin, have DigiShield merge-mine with us. We’ve considered everything, and then some; I’m not sure how much discussion has happened in total, but I’ve spent over a dozen hours looking at these issues on IRC. In virtually all cases, the majority of people with the skills to implement these changes have rejected them as too high risk and/or having other significant drawbacks. In summary:
The best suggestion we have so far is to out-do the multipools directly, by working on open source multipool software which is more DOGE-friendly. As I understand it two key approaches are being considered for improving DOGE-friendliness; either by directly exchanging other coins to DOGE, or through improved trading algorithms which result in less sharp shocks to the price. For very large mining farms such as SFire’s, it’s hoped this will cause them to separate from the mining pools (which they pay fees to) and go solo. This reduces fees for the miner, as well as reducing the ability for DDoS attacks to be targeted at them, and for us it reduces risk of a 51% attack, improves confidence in the coin security, and enables us to better mitigate impact of people mining huge quantities to sell.
Meanwhile, the main focus is on making Dogecoin (and cryptocurrencies in general) a viable way of moving value around. The 1.7 client (beta release is imminent, and in fact if you’re comfortable compiling it yourself, the code is available from https://github.com/dogecoin/dogecoin/tree/v1.7.0-Beta-1 ) is a major re-write of Dogecoin Core to base it on the Bitcoin Core 0.9 client (with Scrypt added in, of course). This gives us significant performance improvements, as well as a better underlying architecture. To repeat; this will not be a required update, although it will be strongly encouraged as it’s a huge leap forward technologically. One of the features which is currently not working in 1.7, but will be for release, is the Bitcoin payment protocol, which massively improves the payment request/receiving process for merchants. Fundamentally 1.7 is intended to prove we have the technical skills to maintain a stable, useful coin, and help drive/support adoption.
Once 1.7 is done, my immediate priority is technical documentation; we have a security specialist currently working on a guide to cryptocurrency security (setup, risks, best practices, etc.), to help give merchants and exchanges an in-depth understanding of how to securely use cryptocurrency. I’ll be addressing the need for formal standards in Dogecoin, and preparing RFCs for the “dogecoin:” URI and relay network protocol for submission to the IETF (and IANA for the URI).
Lastly; there was a post recently about the need for multi-signature addresses; I’d like to add my own “hell yes!” to that, although obviously I have to prioritise. If anyone else can look at these, that would be fantastic.
For anyone wanting a more permanent link, there's a copy of this on my blog ( http://jrn.me.uk/wp/what-next-for-dogecoin-mid-april-2014/ ), however posting as full text here as probably easier for most people, and I'm not sure my server would survive a reddit hug!
Edit: It's been pointed out that there's no verification of the problems with Blackcoin, and the source alleging problems has a serious credibility issue. Have removed the reference now.
submitted by rnicoll to dogecoin [link] [comments]

Hashing power fragmentation: XMR vs BTC

As I read in the official advertisement, Monero authors decided to choose an algorithm for which no ASICs exist (yet?) The idea was to have people mining solo using idle cycles of their computers, which would help the network to become more distributed and resistant to attacks (or political pressure from powerful miner pools).
The reality is that ppl use GPU rigs and almost everyone mines for pools, as the chance of finding a block solo is almost zero.
Comparing hash power distribution, XMR doesn't look much more fragmented than BTC. Of course, 26% from Unknown looks MUCH better than 2.6% but still there are a couple of big players wielding well over 10% of power each.
I'm not trying to make accusations here, just being curious, as I'm fresh to XMR myself. Is that power share an expected result? If not, are there any plans of mitigating it? Can you recommend some good reads touching this topic?
submitted by e-mess to Monero [link] [comments]

[Index] Scaling Conference Overview: Day 1

Conference Topic \ Speaker \ Time Link
Privacy \ Fungibility
Scalability
Smart Contracts
Proof of Work
submitted by KarmaNote to Bitcoin [link] [comments]

Supporting Unlimited

Hello all,
Having dabbled in bitcoin mining for a while I've stepped things up and purchased some more serious mining horsepower. I've since been updating myself on the all the changes that have been going on over the last 18 months and the different iterations of bitcoin that have emerged.
TBH I'm still weighing up what I think is best in terms of Core vs Unlimited etc. (Although the fact I'm posing here may indicate a lean).
Anyway.... what I'm really confused about is how I can influence things. Questions (not in any particular order).
Mining Equipment: My new gear is from BitMain. Unlike my older stuff which uses CGMiner, this gear has a simple yet functional web interface and I'm not yet aware of any command interface (like CGMiner has) to change settings outside of the options provided.
  1. Do I need any particular firmware or to edit anything on this equipment if I want to support Unlimited?
  2. There's a lot of stuff about miners voting on block size (and other things). How does this happen in practice?
  3. Does the mining pool I mine with imply support for one implementation of the code over another?
Hosting a Node: It's clear that one way of supporting Unlimited is to host a node. There is already a BitcoinUnlimited node geographically close by.
  1. Does that make it any bettepointless for me to host one too?
There are 2 possible sites I could host a node from. One has unlimited data and fast downloads but is restricted to 2mbps uploads. The other has much faster uploads (~14mbps), but currently has a little less than 10GB/month of spare data.
2a. Would either of these connections be suitable?
2b. If one/either of them is ok for now what will it look like when block size is say 4mb?
3a. Are there any other benefits to me if I host a node?
3b. What if I chose to try mining solo?
Thanks
submitted by Mr_B_Miner to bitcoin_unlimited [link] [comments]

Getting started with Ethereum

What is Ethereum?

Ethereum is a decentralized programmable platform that utilizes that allows for the application of blockchain technology in many facets of life.

Like Bitcoin, Ethereum utilizes a blockchain for security and transparency. Ethereum, like Bitcoin, is also tradeable directly as Ether (ETH). However, Ethereum also allows for the creation of “smart contracts”, allowing developers to use blockchain technology, via Ethereum, in their own programmable applications.

What is Ether (ETH)?

Ether, or ETH for short, is the currency Ethereum uses. Ether is generated via algorithmic mining, and is the basis of the Ethereum network. Ether serves as the basis for Ethereum “smart contracts” which often utilize “tokens”, an abstraction of Ether.

How can I purchase Ether (ETH)?

Depending on your geographical location, your options for purchasing Ether may vary.

Purchasing Ether through Coinbase.com, using USD or BTC is a very popular method of obtaining Ether

Gdax.com allows for more rapid exchange of currency, and is connected directly to Coinbase.com

Alternatively, Poloniex.com, Kraken.com (EUR), and Bitfinex.com (USD) are popular exchanges.

Best places to buy EtheBTC with debit cards or instant bank transfers:
Best places to buy EtheBTC with SWIFT bank transfers:
Best exchanges to transfer EtheBTC to for trading:
Exchanges Fees:
Exchange Maker Taker
GDAX 0% 0.30%
Poloniex 0.15% 0.25%
Kraken 0.16% 0.26%
Bitfinex 0.10% 0.20%
Gemini 0.10% 0.20%
Bittrex 0.25% 0.25%

How can I mine ETH?

The easiest way to get started mining is through Minergate: https://minergate.com/

MinerGate isn’t recommended if you plan to have dedicated mining rigs.

If, however, you wish to mine on an existing computer as a hobby, or out of interest, it’s perfect. While it does take a fee from your mining, it’s GUI is quick and simple to use and once install you can be mining instantaneously. It also has some challenges that encourage you to mine, and if you’re an absolute beginner, then the simplicity of this software will have you jumping for joy.

Other ETH mining pools include:
The following guides can help you get started:

Where can I check the price of Ether (ETH)?

Cryptowat.ch is a popular website to track the price of Ether (ETH). In addition to listing the price of ETH on the major exchanges, it allows for a wide variety of charting tools which can be used to trade ETH more effectively.

How is Ethereum different than Bitcoin?

Ethereum creates an ecosystem for the utilization of blockchain in everyday transactions and is designed with this intention. Bitcoin, on the other hand, was created as a form of electronic cash. Ethereum uses similar blockchain technology to maintain all of the benefits of Bitcoin, but also allows for an infrastructure of applications which can extend beyond the exchange of currency.

Can I send Ether to a Bitcoin wallet?

No.

Who is behind Ethereum?

Vitalik Buterin

What are tokens?

ERC20 tokens are Ethereum derivatives. Tokens allow for smart contracts to interface directly with the Ethereum blockchain. As such, they are exchangeable through Ethereum wallets.

Proof of Work vs Proof of Stake

Proof of Work is the current method used to generate ETH, the "Serenity" update will change this to a Proof of Stake system, the difference is explained below.

Proof of Work is the system by which most cryptocurrencies, including Bitcoin, manage their blockchains. Through a process known as mining, individuals contribute processing power to solve difficult, arbitrary calculations as well as to validate calculations to determine what the next block in the blockchain should be. Whenever a new block is added to the chain, whoever was lucky enough to be the person that created that block is rewarded with some amount of currency.

The difficulty of these calculations can be determined by the devs behind the currency to control the rate at which new coins are dispersed into the economy. The reason for the difficult calculations is to secure the network by making it difficult for an attacker to start adding invalid blocks to the universally accepted chain - in this system, the attacker would need to generate over 50% of the processing power in the entire network to have their malicious validation be accepted. A higher-level way to think about this is that processing power is what creates scarcity and is proportional to the odds of you getting the next reward. This has the unfortunate side-effect of giving a disproportionate amount of power, in regards to both reward and blockchain validation, to miners that control a large portion of the mining hashrate.

Proof of Stake rewards are distributed via proportional to the “stake” that validators have in the economy as opposed to the work you can do. Your stake increases based on the amount of currency in your wallet and how long it’s been there. The greater your stake, the higher the odds are that you will receive a reward for the creation of the new block on the chain. In contrast to PoW where scarcity comes from processing power, in PoS, the scarcity comes from the currency itself.

As of June 2017, Ethereum is using a Proof of Work system. By the Serenity update the platform will be updated to use a Proof of Stake system. As we get closer to that release we will learn more details about how the PoS system will work in Ethereum’s implementation, known as Casper.

Anticipated ETH Updates:

zkSNARKs

zkSNARKs stands for “zero knowledge Succinct Non-interactive ARguments of Knowledge”. They allows us to manipulate and translate calculations that need to be double-checked so that nothing on the network needs to know exactly what the original calculation was, but can still confirm whEther a result is correct or not. The details of how this works are too opaque for this guide, but what it means is that code deployed on Ethereum doesn’t have to be open-source and the details of transactions can remain completely secret. zkSNARKs will be implemented in the Metropolis update.

Metropolis

Metropolis is the next major update to the Ethereum network, the third of four phases that the developers have planned for Ethereum. This update will bring with it modifications to the way that applications interact with the network, making it simpler for developers to write apps on the platform. zkSNARKs will also be implemented in this update, opening up the Ethereum network to developers that want to keep their apps’ source code a secret and users that want greater privacy for their transactions.

Serenity

This is the fourth and final major planned update to Ethereum. This is defined by two massive changes: transition from a PoW to PoS system using the Casper algorithm (described above), and sharding. Sharding will allow applications to be split into tiny pieces, or sharded, and distributed across the network. One calculation required to execute an app may happen on one machine (and then double-checked using zkSNARKs on several others), then the next calculation happens somewhere else, and so on. Not only does this improve performance by reducing the time it takes for apps to execute on the network, allowing network nodes to validate only shards of the blockchain means that new blocks can be added, and transactions confirmed, near instantly. This is the biggest update planned for Ethereum and has no release date yet determined.

Other Resources:

Ethereum fundamentals wiki:

Useful reddit link showing upcoming news:

Very good list of links to read about Ethereum:

Tax advice

submitted by IBeRamen to Etherealm [link] [comments]

Subreddit Stats: Monero top posts from 2014-08-18 to 2017-03-29 08:26 PDT

Period: 954.25 days
Submissions Comments
Total 1000 25652
Rate (per day) 1.05 26.87
Unique Redditors 413 2261
Combined Score 48590 87137

Top Submitters' Top Submissions

  1. 3662 points, 63 submissions: dEBRUYNE_1
    1. Monero Core GUI Beta 1 Released (212 points, 135 comments)
    2. Monero v0.10.0 - Wolfram Warptangent - released! (Includes GUI update and how to update wallet) (192 points, 81 comments)
    3. Bitfinex to add Monero (XMUSD & XMBTC) (183 points, 74 comments)
    4. Monero v0.10.1 - Wolfram Warptangent - released! | Mandatory upgrade! (167 points, 62 comments)
    5. PSA: Users, (solo)miners, exchanges/merchants, and pool operators must be on v0.10.1 in advance of the hardfork otherwise you will get forked/booted off the network. Miners, please contact your pool operator to ask them if they have upgraded | Monero v0.10.1 released - mandatory upgrade! (139 points, 81 comments)
    6. Trezor has expressed interest in merging the Monero for Trezor software upstream (104 points, 29 comments)
    7. The minimum fee will decrease from 0.01 XMR per kB to 0.002 XMR per kB today! (97 points, 36 comments)
    8. General information for the upcoming hardforks (96 points, 50 comments)
    9. Monero v0.9.4 - Hydrogen Helix - released! (Updated to include missing DLLs) (91 points, 8 comments)
    10. Additional GUI Developer (Jaquee) - Community Feedback Required (80 points, 47 comments)
  2. 1371 points, 27 submissions: americanpegasus
    1. My wife got me a Monero birthday cake. 🍰 (135 points, 17 comments)
    2. Contest: I will pay 1000 Monero to anyone who can successfully leak the most significant and damning information regarding the organization known as Correct The Record. (125 points, 72 comments)
    3. One of the unfortunate side effects of birthing a truly decentralized financial network is that you have to make a few people rich along the way. Do not lose sight of the big picture: we are all part of one of the most important endeavors in the known universe. (111 points, 55 comments)
    4. ZCash is hitting Poloniex tomorrow and the price will likely go up. But I won't be touching it, ever. The entire project is already compromised on principles alone. (93 points, 59 comments)
    5. Submitted exactly one year ago to /investing: Why Monero is the next Bitcoin and you should be paying attention to it. 😄 ...they downvoted it to zero. (85 points, 52 comments)
    6. PSA: Never trust anything closed source with your Monero private keys. (65 points, 27 comments)
    7. What if you discovered a true super AI, just chilling on the internet? And nobody seemed to care? (58 points, 15 comments)
    8. Thank you. (52 points, 7 comments)
    9. A Game of Bagholding. (51 points, 39 comments)
    10. Monero is the next step on our way to a global technocracy. What's coming next may surprise you. (43 points, 44 comments)
  3. 987 points, 16 submissions: xmr_eric
    1. A reflection on Monero's fundamentals vs. the Dash pump (110 points, 165 comments)
    2. The Monero StackExchange needs you! Only 10 days left to hit our numbers - and we're still short. (109 points, 64 comments)
    3. Monero GUI video preview (95 points, 48 comments)
    4. Solo Mining: How to strengthen Monero's network and become part of its story (or, I just solomined a block!) (92 points, 31 comments)
    5. Monero's dynamic blocksize has increased (78 points, 14 comments)
    6. A reflection on why I believe in Monero (70 points, 32 comments)
    7. Installing 0.10.2 on my VPS node lowered the CPU utilization from 40% to 4%. Nice! (59 points, 8 comments)
    8. My nephew Henry is Monero's #1 fan (57 points, 18 comments)
    9. Redefine Monero as this: Private, Digital, Decentralized (55 points, 18 comments)
    10. Top XMR Exchanges (Poloniex just 2/3rd of total volume) (48 points, 25 comments)
  4. 724 points, 15 submissions: mWo12
    1. monero-core (GUI) development version - screenshots (71 points, 68 comments)
    2. Block 1220516 has been mined! (68 points, 21 comments)
    3. Monero overtook Litecoin in market cap (63 points, 32 comments)
    4. In last 4 weeks, Monero project got over 2200 xmr in donations! (62 points, 11 comments)
    5. Not only Monero price increased recently, but also donations to Monero project got significantly higher! (59 points, 3 comments)
    6. AlphaBay and Oasis Markets to Begin Accepting Monero for Payments (51 points, 18 comments)
    7. SIGAINT launches Tor Monero node as "[its] operators firmly believe that Monero is the next logical step in Darknet commerce" (48 points, 64 comments)
    8. FYI: Monero project got 228 XMR in donations in last week. (46 points, 7 comments)
    9. 5 Major Reasons Why Monero Has Spiked (45 points, 6 comments)
    10. If anyone interested, generated full list of donations to monero project and forum. It totals to more than 153k of xmr. (42 points, 19 comments)
  5. 697 points, 13 submissions: fireice_uk
    1. XMR-Stak-CPU - High performance, open source, miner released! (99 points, 175 comments)
    2. A proposal to speed up wallet sync around 5x (83 points, 112 comments)
    3. XMR-Stak-NVIDA - first secure miner for NVIDA cards, and a release of CPU and AMD miners (73 points, 70 comments)
    4. XMR-Stak-CPU v1.1-1.1 - even faster now, and you can check it on your mobile! (61 points, 24 comments)
    5. XMR-Stak - proudly XMR-only mining network stack (and CPU miner) (60 points, 31 comments)
    6. SECURITY AVISORY - Common Exploit in Monero miners (59 points, 30 comments)
    7. Proposal - cut wallet sync time from 30 min to 7.5 min (52 points, 4 comments)
    8. Miner exploit - this is why we need a bug bounty (44 points, 61 comments)
    9. XMR-Stak-AMD released! (44 points, 26 comments)
    10. FFS Idea - Cutting wallet sync time (36 points, 15 comments)
  6. 690 points, 15 submissions: savandra
    1. Monero promo video is finally done! (92 points, 48 comments)
    2. Monero: The Essentials (Video) (76 points, 24 comments)
    3. Monero Promo Video (69 points, 32 comments)
    4. Monero Video: The Introduction (50 points, 37 comments)
    5. New Video: RingCT explainer (1st of 6) (48 points, 37 comments)
    6. Monero Videos: RingCT update + Ring Signatures discussion (47 points, 14 comments)
    7. "What is Monero? is produced and open-sourced. The explanation video series is on its way (40 points, 10 comments)
    8. Monero Video: Stealth Address Storyboard (39 points, 7 comments)
    9. RingCT video: update (37 points, 18 comments)
    10. Monero Explainer Video Series: Ring Signatures. Help us with the script! (35 points, 34 comments)
  7. 672 points, 16 submissions: EncryptionPrincess
    1. More GUI pull requests were just merged! (89 points, 3 comments)
    2. I look forward to the day when #xmr is no longer referred to as an "altcoin" (74 points, 18 comments)
    3. Free Monero for new users (62 points, 167 comments)
    4. Zcash trusted setup disaster. The number of parties used should have much larger. It is sad that they never properly responded to this concern. (41 points, 47 comments)
    5. Tell everyone to stop using Minergate! (39 points, 22 comments)
    6. Accept Monero payments for Protonmail Plus and Visionary upgrades (37 points, 4 comments)
    7. Reminder for newcomers: XMR can be used at all BTC accepting merchants (37 points, 2 comments)
    8. Chain Anchor violates key principles of bitcoin. Monero view keys do not and allow privacy control to remain with users (35 points, 9 comments)
    9. I never thought this would happen. Respect to Amanda_B_Johnson for having more courage than Evan Duffield (34 points, 94 comments)
    10. Peter Todd describes potential single point of failure in #Zcash trusted setup (34 points, 15 comments)
  8. 651 points, 18 submissions: gingeropolous
    1. /xmrtrader exists. Please use it for all price movement talk. We all know it goes up and down. (60 points, 9 comments)
    2. Did you guys see this awesomeness? One time "addresses" with the same address. (52 points, 23 comments)
    3. Free VMs for Monero Developers (for Monero development) (46 points, 8 comments)
    4. Random musings on funding developments (42 points, 33 comments)
    5. Woohooo! Mine.moneroworld.com found a block! (41 points, 11 comments)
    6. Reflections on a world going round.... (39 points, 24 comments)
    7. Blockchain simulator in R (36 points, 3 comments)
    8. I'm so happy this is all happening (34 points, 8 comments)
    9. MoneroWorld Open Nodes update - random, permissionless inclusion! (32 points, 11 comments)
    10. Another day, another Monero: bitcoin subreddits go crazy over backlog. Monero users never to be affected. (31 points, 25 comments)
  9. 638 points, 11 submissions: fluffyponyza
    1. [Funding Required] Shen Noether, for work on RingCT and multisig (yay) (106 points, 40 comments)
    2. A fond goodbye to our friend and contributor, warptangent (104 points, 38 comments)
    3. PSA: fake MyMonero website is operating at .co, and stealing private keys (84 points, 1 comment)
    4. fluffypony's March Conference Circuit (Mostly Europe) (74 points, 25 comments)
    5. If you want to accept Monero (among other things) for your business, consider signing up for the now-open PayB.ee private beta! (48 points, 10 comments)
    6. Eek! Our StackExchange needs a little bit of attention! (44 points, 3 comments)
    7. FYI: Lily Newman from Wired kindly reworked and corrected the Monero paragraph in this article (39 points, 5 comments)
    8. If you're in Johannesburg, South Africa, then join us for the inaugural monthly Monero Meetup on December 17th! (36 points, 10 comments)
    9. There's an open issue for a Monero icon in Font Awesome, add your voice to encourage them to add it! (36 points, 10 comments)
    10. The Monero StackExchange Proposal is crossing 80% - all it needs is a few more committers with 200+ rep on another Stack! (35 points, 16 comments)
  10. 601 points, 12 submissions: needmoney90
    1. The Monero StackExchange is now in Public Beta (136 points, 26 comments)
    2. Price of Monero at the End of the Year (An AmericanPegasus Classic) (58 points, 30 comments)
    3. Monero Trezor Firmware Beta Sourcecode (Experimental!) (53 points, 19 comments)
    4. Let There Be Slack! (50 points, 21 comments)
    5. Silicon Valley Monero Meetup (45 points, 39 comments)
    6. A Reminder: Making money in crypto is easy. Keeping it is the hard part. (44 points, 22 comments)
    7. Silicon Valley Monero Meetup [Update] (43 points, 27 comments)
    8. PSA: Change your exchange passwords ASAP (38 points, 20 comments)
    9. The Monero StackExchange Is Now In Private Beta (38 points, 4 comments)
    10. /MoneroMarket - Buy and Sell Goods and Services for Monero (34 points, 3 comments)

Top Commenters

  1. fluffyponyza (3517 points, 612 comments)
  2. yuvzst (2008 points, 300 comments)
  3. gingeropolous (1692 points, 437 comments)
  4. uy88 (1658 points, 598 comments)
  5. ferretinjapan (1613 points, 304 comments)
  6. Ant-n (1474 points, 482 comments)
  7. lethos3 (1469 points, 336 comments)
  8. dEBRUYNE_1 (1318 points, 414 comments)
  9. JollyMort (1196 points, 248 comments)
  10. americanpegasus (1085 points, 246 comments)

Top Submissions

  1. Monero Core GUI Beta 1 Released by dEBRUYNE_1 (212 points, 135 comments)
  2. Monero v0.10.0 - Wolfram Warptangent - released! (Includes GUI update and how to update wallet) by dEBRUYNE_1 (192 points, 81 comments)
  3. Kraken — Kraken launches Monero trading by ferretinjapan (186 points, 53 comments)
  4. Bitfinex to add Monero (XMUSD & XMBTC) by dEBRUYNE_1 (183 points, 74 comments)
  5. Jaxx - Monero Integration Update by Jaxx_adiiorio (181 points, 73 comments)
  6. Ummm... I'm a Monero Millionaire. by MarylinMonero (171 points, 201 comments)
  7. Monero v0.10.1 - Wolfram Warptangent - released! | Mandatory upgrade! by dEBRUYNE_1 (167 points, 62 comments)
  8. /Monero - Newcomers Please Read. Everything You Need To Know. by cryptonaire- (165 points, 46 comments)
  9. Monero.how launches - Monero tutorials, statistics, chart and goodies by knaccc (155 points, 99 comments)
  10. Monero, the Drug Dealer’s Cryptocurrency of Choice, Is on Fire by swalecko (151 points, 78 comments)

Top Comments

  1. 97 points: binaryFate's comment in I left for a WEEK... WTF happened !?
  2. 77 points: TedTheFicus's comment in Jaxx - Monero Integration Update
  3. 71 points: mustbemoney's comment in ZCash is hitting Poloniex tomorrow and the price will likely go up. But I won't be touching it, ever. The entire project is already compromised on principles alone.
  4. 65 points: Tom___Tom's comment in Why is Monero's lead developer FluffyPony telling the audience in his speeches NOT to buy? (genuine question, no need to attack me)
  5. 62 points: JollyMort's comment in FBI Concerned About Criminal Use of Private Cryptocurrency Monero
  6. 62 points: Twentey's comment in Ummm... I'm a Monero Millionaire.
  7. 58 points: alvinjoelsantos's comment in Ummm... I'm a Monero Millionaire.
  8. 57 points: fluffyponyza's comment in Monero’s GUI: a Year Late, and a Zec Short.
  9. 56 points: nanoakron's comment in Jaxx - Monero Integration Update #3
  10. 55 points: jprichardson's comment in Any updates from Exodus?
Generated with BBoe's Subreddit Stats (Donate)
submitted by subreddit_stats to subreddit_stats [link] [comments]

A couple of questions...

I am looking to get into mining. Due to my research, it appears that I would need quite the rig to mine bitcoins. I have come to the conclusion that litecoins would be a good place to start. If you guys/gals don't mine, I would like to get some clarification on a few things.
1) I have a few older computers lying around, but they are not too good, and max at 4GB Ram and are running linux. Would it be worth it to connect decent GPUs and put them online to pool mine?
2) Is pool mining the best way to mine? It appears that I would need lots of startup money to mine solo.
3) Frys has MSI R9 270X cards on sale for Black Friday for $159. According to this, they have an approximate hash rate of 475 kH/s. If I were to put two in one computer, would that double the approximate hash? If so, would this be more effective than a single 7950, as that would be 950 kH/s vs the 7950s 650 kH/s?
4) If mining solo, you don't get a reward unless you solve a block, correct? At 950 kH/s at current difficulty, that approximately happen every 159 days.
5) So, if mining in a pool, anytime the pool solves a block, the reward is split, so I would gain litecoins faster that way, correct?
6) There seems to be multiple types of pools. Which would you suggest, and why?
I guess my main interest, is how many people are actually collecting coins off smaller rigs? Should I just wait until I have enough free money to invest into a great rig?
Thank you for your time in advance, and sorry if I asked too much. Just really interested in all aspects of this. I have been telling my wife for a while that we needed to get into this, but somehow now its my fault that we were not mining 9 months ago.
submitted by LegionOfBalloons to litecoin [link] [comments]

New to mining, need some advice

Hey guys, I've been following Bitcoin for a while now and have finally decided to get into it. I have set up a Bitcoin wallet using Bitcoin-Qt, and am now interested in mining. I will be mining with an nVidia GTX780. I know that mining with a graphics card is no longer a viable option for profit (especially using an nVida card) and that most miners are using specialized dedicated hardware, however I am not concerned about this because:
  1. I am doing this to learn about mining, not to earn money.
  2. In my current setup I am not paying for electricity/internet/hardware/etc. Technically a single µBitcoin would be a profit for me, but again I am treating this more as a learning experiance.
  3. I do not wish to spend any money on hardware upgrades at this time.
Current Specs:
I have several questions on how to best utilize my setup. I want to be able to mine efficiently, yet at the same time I would like to use my computer for other things. To that end:
  1. Is it possible to pause a mining operation in order to do something else, and then resume it at a later time without losing data?
  2. Would it be better to solo mine or pool mine? I am guessing that pool mining will be better in the long run, but would it hurt to solo mine for now?
  3. What is the best mining tool for me? I currently have GUIMiner, but I have seen a few other tools as well.
  4. OpenCL vs CUDA. what's the differance between the two?
Hopefully someone can assist me in this. Sorry if some of my questions are a bit n00bish, but I feel like I am drowning in a wealth of information and I don't know what is relevant or not to my needs.
submitted by Lets_Go_Exploring to BitcoinMining [link] [comments]

Setup my Bitcoin Mining with 2x 6950's... some questions

I'm getting ~540 Mhash/s now with 2x 6950's OC'd. That sound right?
Also, does it make more sense to join a pool or just mine solo? What's the recommended pool if I should join one?
I'm looking at http://mining.bitcoin.cz/ vs http://btcmine.com/ vs http://deepbit.net/
With my type of system, what's better? Pay Per Share, or Proportional? I don't really get it...
Oh yeah, and I still have the question if I should be running my miner with flags specific to my GPU's? I saw stuff like -128 f1 or something like that? What does that do?
submitted by arachnd to Bitcoin [link] [comments]

Cryptocurrency Mining Comparison: Solo Mining vs. Cloud Mining vs. Mining-as-a-Service Solo Mining vs Pool Mining 10 Best and Biggest Bitcoin Mining Pools 2018 (Comparison) TOP 5 LEGIT BITCOIN MINING POOL 2019 Best Bitcoin Mining Site  Legit Site  Real Payment Proof!

Pool Mining Cons. Pool mining can suffer interruptions from outages at the pool provider. Pools are subject to DOS attacks and have other downtimes, too. Backup pools and solo mining can be configured for these cases. Pooled mining tends to generate a smaller income due to fees being charged and transaction fees not being cashed out. For instance, in Bitcoin blockchain the reward is 12.5 BTC, in Ethereum network— 2 ETH, in the Litecoin network — 12.5 LTC, etc. Mining pools get solutions from all the connected miners, and if one of those numerous solutions appears to be a proper one, the pool creates a new block on the blockchain and gets a reward for this newly created 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. Solo Mining vs Pool Mining. It completely depends on the “pool fee”. If you mine solo, with an expected 5 BTC/day take, that will mean on average you’ll mine a 50 BTC block every ten days. It will be completely random though. You could mine two blocks in a day. You could go three weeks without a block. Bitcoin pool is a way to mine their resources and to share their hashing power. A valid proof of work should be presented in order to gain reward. Initially, generating a single block was taking years for slower miners and then Bitcoin mining pool came into existence, where the miners would receive a portion of block reward and the blocks would

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Cryptocurrency Mining Comparison: Solo Mining vs. Cloud Mining vs. Mining-as-a-Service

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 smooth out rewards and make them more ... Choosing The Right Pool To Mine On ... How to solo CPU mine Bitcoin & Bitcoin derived cryptocurrencies (Works on OS X and Windows) - Duration: 5:14. Aqua 4,632 views. 5:14. Antminer S9 profit slushpool vs bitcoin pool mining - Bitcoin or Bitcoin cash? - Duration: 2:11. Miner Digi 3,990 views. 2:11. Solo Mining vs Pool Mining - Duration: 5:05. GamersGoneTech 169,462 ... Whether it is cloud mining, pool mining or solo mining, our software can deliver the work to the network of miners at the fastest speed..--- 🔥 Best Bitcoin Mining Site Legit Site Real ... BITCOIN: SOLO MINING VS MINING POOL! Bitcoin price analysis!- bitcoin may 29 - Duration: 12:45. Tech with Catalina 1,600 views. 12:45. How to Repair a DEAD Computer - Duration: 37:05.

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