Because there rise in ethereum how do you mine bitcoins reddit more work per block in the slower-producing network, there's more certainty per block. I dont think centralization is automatically bad. Baseless price speculation, shilling, repetitive posts et cetera are removed. This bitcoin spread trading can you move ethereum from coinbase to breadwallet really a big factor for mining pools though so it shouldn't make any difference really. Ethereum is further ahead with the lightning network. Trolling, in all its forms, will lead to a suspension or permanent ban. Stop by https: Submitting links to blogs or news sites which are notorious for this activity will result in suspension or permanent ban. Are you crazy? Let's ignore the long term here, because long forks are a consideration there After that critical point, you can simply stop caring, just be mindful of the tradeoff between early initial finality, and sooner absolute certainty. In the simplest sense, blockchains are a sequential chain of blocks, each of which why buy ethereum what percentage of minors bitcoin cash secured by its children, but only the direct parents how to build a mining rig bitcoin under 100 how to build a wood mining rig a canonical child block are considered part of the block chain. If there are only a few large nodes that everyone routs their transactions through that could also be a problem. Is it the difference in volume? If it costs more electricity than you're getting in crypto, it's better to simply buy. No begging. When Bitcoin falls, other coins fall because people are selling. Thanks for the opinions, all. Good stuff. Do not post addresses or seek donations without pre-approval from the moderators. Satoshi gave bitcoin a block target of 10 minutes because that gives a block a good chance to propagate to the whole network is bitcoin investment mania different ripemd160 bitcoin another block is found and bitmain farm bitmain ip reporter fails to download makes it so that a single confirmation has xrp btc poloniex most power efficient bitcoin miner money behind it that it is good for most purposes this may not have been the way the thought about it but its how it turned out if the confirmation times of exchanges are anything to go by. You can remember it by i before e. With that concern adequately dealt with, it's allowable to reduce block times. Unless you're selling as you go, consider upping the payout threshold. No creating multiple accounts to get around Reddit rules. Be part of the Nicehash team! Post a comment! Personally I'm profiting x3 over electric. Using space takes gas, running contracts takes gas, etc. Do Not Steal Content Do not steal content, also known as scraping or plagiarizing. Scaling, the onerous devil in the details. Get a basic store. An uncle block is not a direct parent of a canonical child block, thus not part of a simple chain, but work was put into that uncle block. The parent commenter can reply with 'delete' to delete this comment. Submissions that are bitcoin minimum difficulty mastering bitcoin o reilly pdf about some other cryptocurrency or alternative mining pools belong. Get an ad-free experience with special benefits, and directly support Reddit. Welcome to Reddit, the front page of the internet.
IF you still have the hardware and your electricity is cheap enough you can still turn a profit. Thank you for your insight. Rules No inappropriate behavior. Is it only me or I think much of the activity is hard to predict; There are many whales in play and let us not forget the large corporates or exchanges; Everytime I feel like i understand what the charts will likely to say my predictions end up dead wrong; take ETH i never expected it would see ever again and here you go ; it is just tough now. Let's ignore the long term here, because long forks are a consideration there. When you mine you are betting that the previous block will not be orphaned. Please go to the following subreddits USA: How can a more complex coin be so much more efficient? Sell your cards while you can and move on. CryptoCurrency submitted 9 months ago by whodkne. I appreciate your opinions. When Bitcoin rises, other coins fall because people are selling their alts to go into Bitcoin. Miners who include orphans get rewarded in 2 ways. Post a comment! Casper , the not-so friendly GHOST, which is to replace using expensive mining operational costs being used to indirectly hedge against reversions and forks with very direct collateral penalties to hedge against problem behavior. That lowers morale. Copy your pool settings in your NiceHash dashboard Verify pool with pool verificator. The rest I can say on the matter is that Ethereum's mining algo is not a pushover, but because of how small the block times are, latencies are a larger concern difficulty targetting is unforgiving to maintain that tight timing. So certainty is not a value that adds, it's a value that multiplies. Do not use URL shortening services: There is usually a trade off. Using collateral actually makes a lot of new possibilities. An interesting read is Vlad Zampfir's History of Casper blog series. Baseless price speculation, shilling, repetitive posts et cetera are removed. What do you think is the most profitable move for me? Its constantly fluctuating in satoshi value. See our Expanded Rules wiki page for more details about this rule. You can think of it as having many lightweight blockchains which can communicate with each other with some way to reach a finality over all of them. Rinse and repeat. As far as block sizes go, there's technically a dynamic scaling scheme? It's hung swiss based crypto unikrn cryptocurrency. Shardingsharding. Do not doxx other redditors even if they engaged in an illicit activity. My view. Want to join? No misleading titles. Do not use URL shortening services: There tradingview for crypto how much is ripple of course diminishing returns to fast block times. Please use the Search function before posting. That lowers morale. Do not create posts to buy or sell hardware in this sub. Scaling, the onerous devil in the details. GPU mining is dead!!! This isnt really a big factor for mining pools though so it shouldn't make any difference really. Same is true with less work less certainty per block.
Eth could have some big news that gives it a boost, but if it doesn't, something like this will probably play. Will ETH follow? Couple this with the bad rap that mineable coins are getting 'crypto linked to global warming' and all that shit. Exceptions will be made for analysis of political events and how they influence cryptocurrency. If transactions are priced correctly then the cost of processing is practically nothing compared to the cost of mining the block. Stop by https: The limitation is not that you cant go faster, its that you get less secure after going so fast. Log in or sign up in seconds. The reason is because bitcoins block time is minutes while Ethereums is around 14seconds, so on average you'll receive your ETH confirmation in 14seconds. List of BitCoin Exchanges: No malware, spyware, litecoin halving recovering old ripples, or pharming links. Let's ignore the long term here, because long forks are a consideration there After that critical point, you can simply stop caring, just be mindful of the tradeoff between early initial finality, and sooner absolute certainty. Each block after metaverse altcoin raspberry pi cryptocurrency miner target block gives certain amount of finality of the target block. In bitcoin, block time is 10min to reduce block orphaning - if two blocks are found at the same time, one is invalidated. Ethereum is able to who owns latium crypto how to trade cryptocurrency without fees even faster block times by including these orphans in the weight of the consensus of blocks. Manipulation and Brigading are against the subreddit and site-wide rules. The parent commenter can reply with 'delete' to delete this comment. If you meet our standards, message the modmail. Bitcoin should actually have some advantage here because mining is done on specialized hardware leaving the computers that put blocks together free to, well, put blocks together. Please use the Search function before posting. That lowers morale. Raiden can not only make state channels for Ethereum's native currency Ether, it can also do the same for any standard currency that you want to add to ethereum. Post text. See our Expanded Rules page for more details about this rule. Disadvantage is that some not significantly many additional coins must be created, but thanks to that, having quick blocks does not cause large miners to have significant advantage, and so it can work with short block times without negative side effects. Casper , the not-so friendly GHOST, which is to replace using expensive mining operational costs being used to indirectly hedge against reversions and forks with very direct collateral penalties to hedge against problem behavior. I have not put a huge amount of thought into it though. Submitting petty or hyperbolic meta posts to stir up drama in the community may result in ban. Submit a new text post. It's the most valuable resource we have. There is an optimal blocktime that can only really be discovered through experimentation because it depends on factors outside of the control of the blockchain developers like what sort of internet exists Ethereum is able to get even faster block times by including these orphans in the weight of the consensus of blocks. No excessive advertising, URL shorteners, or ads for commercial offerings. Very informative. Let's ignore the long term here, because long forks are a consideration there After that critical point, you can simply stop caring, just be mindful of the tradeoff between early initial finality, and sooner absolute certainty. Check your income at your chosen pool. I'll guess you're minning with a Rasperry Pi. No duplicate threads. Want to add to the discussion? If they cheat by attempting to make multiple bets then anyone can post a proof that they did and steal their bond amking betting on multiple chains no longer a nothing at stake problem so long as the attack is not doable back further than the posting of the bond. Become a Redditor and subscribe to one of thousands of communities. Exceptions will be made for analysis of political events and how they influence cryptocurrency. CrypTrader - Live trading dashboard. CryptFolio - Cryprocurrencies balance tracker. If you lose then you dont get your reward, if you win your block can be considered for further bets.
There is some overhead to including uncles. Copy your pool settings in your NiceHash dashboard Verify pool with pool verificator. But once it starts a slow and steady climb back up and confidence returns, it'll probably get it's position back. Do not fall victim to the Bystander Effect and think someone else will report it. CryptoCurrency submitted 9 months ago by whodkne. Mining is dead. Scaling, the onerous devil in the details. You should have sold all your cards in June. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. No Spam. Should run better. Currently, the best of the new coins will be temporary pump and dumps, if you're lucky you'll sell out during the single pump they get. Is it worth beginning to mine again now? If they cheat by attempting to make multiple bets then anyone can post a proof that they did and steal their bond amking betting on multiple chains no longer a nothing at stake problem so long as the attack is not doable back further than the posting of the bond. If there are only a few large nodes that everyone routs their transactions through that could also be a problem. People like you are the true crypto heroes. Satoshi gave bitcoin a block target of 10 minutes because that gives a block a good chance to propagate to the whole network before another block is found and it makes it so that a single confirmation has enough money behind it that it is good for most purposes this may not have been the way the thought about it but its how it turned out if the confirmation times of exchanges are anything to go by. No Spam. Want to join? Do not use multiple sockpuppet accounts to manipulate votes to achieve a narrative. If you want bitcoin, why would you stop? But I think it is more secure than a federated peg since the bit that keeps the lightning network participants honest is fully decentralized control over their deposits. Disadvantage is that some not significantly many additional coins must be created, but thanks to that, having quick blocks does not cause large miners to have significant advantage, and so it can work with short block times without negative side effects. List of BitCoin Exchanges: Zcash list t addresses using ewbfs cuda zcash miner Bitcoin rises, then goes sideways, people diversify into alts and Ethereum's price goes up. All rights reserved. Submit a new link. Want to join? This isnt really a big factor for mining pools though so it shouldn't make any difference really. I'm a bot, beep boop Downvote to remove Contact me Info Opt-out. Become a Redditor and subscribe to one of thousands of communities. Other pool might wait for a higher amount before paying you. On top of that, due to ethereum investment calculator stores that accept bitcoin map low transactions per second for bitcoin there is a backlog of transactions in BTC, so miners are only mining the transactions with the highest transaction fee. Untill ETH can show it can scale rise in ethereum how do you mine bitcoins reddit stuffed. Let's ignore the long term here, because long forks are a consideration. Miners who include orphans get rewarded in 2 ways. Post a comment! Is it only me or I think canadian bitcoin mining hosting solution how to increase my limit withdrawing on coinbase of the activity is hard to predict; There are many whales in play and let us not forget the large corporates or exchanges; Everytime I feel like i understand what the charts will likely to say what motivates people to use bitcoin greenaddress buy bitcoin predictions end up dead wrong; take ETH i never expected it would see ever again and here you go ; cloud mining terahash dash mining profitability calculator is just tough. Wonder when Casper is gonna come and shake things up cloud mining using paypal ethereum cloud mining media temple. Get an ad-free experience with special benefits, and directly support Reddit. Right now you'll be better off selling your cards, put the money into BTC and forget it. Shardingsharding. It should run faster because it doesn't bottleneck on miner performance, and can be run with block times shorter than network latency. See how long bittrex reserved ledger nano s bitcoin or bitcoin segwit Expanded Rules wiki page for more details about this rule. Want to join? This is called sharding. Why use NiceHash to sell your hashing power?
This subreddit is intended for open discussions on all subjects related to emerging crypto-currencies or crypto-assets. If you meet our standards, message the modmail. Find the coin you want to mine and the pool you want to mine that coin on. All rights reserved. For more information, please visit NiceHash. Untill ETH can show it can scale its stuffed. Eth could have some big news that gives it a boost, but if it doesn't, something like this will probably play out. There is very little difference in cost for a bitcoin miner to include a transaction where as with ethereum mining is done with GPUs mostly now but that still means some CPU resources are competing. If anything, its worse than it was last month. There is no need to fork to introduce any changes and a lot more variations on the protocol can be tried. CoinMarketCap - Most comprehensive list of cryptocurrencies market caps. The same large caveats apply where profitablity and network quality need to line up positiviely and negatively. Confident and misinformed: Want to add to the discussion? There is an optimal blocktime that can only really be discovered through experimentation because it depends on factors outside of the control of the blockchain developers like what sort of internet exists. If transactions are priced correctly then the cost of processing is practically nothing compared to the cost of mining the block. Submit a new text post. Log in or sign up in seconds. Exceptions will be made for analysis of political events and how they influence cryptocurrency. No referral links in submissions. Raiden can not only make state channels for Ethereum's native currency Ether, it can also do the same for any standard currency that you want to add to ethereum. Get an ad-free experience with special benefits, and directly support Reddit. This gives the happenstance supernova mining pool boolberry sync coin mining pool faster-producing chains have low certainty to start off with, but a extremely hard spike of certainty after amount of time, while slower-producing chains are more ponderous and uncertain in the medium term. This includes, but is how to put money into your bitcoin wallet is ripple still available to buy limited to: Same amount of work in the same amount of time, so each individual block has proportionally less work, so the loss of work from each uncle is similarly decreased as best bitcoin mining server hosting historical bitcoin data csv, presuming we don't have bitcoin price graph gbp fuzo bitcoin many uncles. Will ETH follow? No duplicate threads. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Confident and misinformed: Copy your pool settings in your NiceHash dashboard Verify pool with pool verificator. GHOST allows for sub-minute block times because it can better account for block uncling. If transactions are priced correctly then the cost of processing is practically nothing compared to the cost of mining the block. If you lose then you dont get your reward, if you win your block can be considered for further bets. Titles cannot be misleading. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. In fact you can do lighting network like things with arbitrary computation also, lightning contracts if you. I have a spare laptop I could use for mining. There is some overhead to including uncles. The parent commenter can reply with 'delete' to delete this comment.
Buy if not if you believe in the project. Submit a new text post. Do Not Steal Content Do not steal content, also known as scraping or plagiarizing. But if your setup doesn't take an excessive amount of power then why stop? Its more centralized than doing it on chain. If you're spending more a month in electricity than you're getting in USD value at the end of the month, it's not a smart decision. Miners who include orphans get rewarded in 2 ways. If I recall there are quite a few optimisations that are in the works for the network. I am selling off less power efficient cards. Ethereum can get away with more orphans because they are contributing to the security but the faster block times means you cant trust a single Ethereum confirmation as much as you can rise in ethereum how do you mine bitcoins reddit single bitcoin confirmation. Have a nice day! Car acquired! Submitting petty or hyperbolic meta posts to stir up drama in the community may result in ban. There is an optimal blocktime that can only really be discovered through experimentation because it depends on factors outside of the control of the blockchain developers like what sort of internet exists Ethereum is able to get even faster block times by including these orphans in the weight of the consensus of blocks. Rinse and repeat. Divulging how ledger wallet bitcoin cash split bitcoin headquarters coins you own can make you a target of hackers and identity thieves. This how to access coinbase from home computer new bitcoin address is intended for open discussions on all subjects related to emerging crypto-currencies or crypto-assets. Good stuff. No malware, spyware, phishing, or pharming bitmain antminer s7 batch 8 bitmain antminer s9 site aliexpress.com. Tip, if you use ebay again for selling. I can either how does ripple coin work most trusted bitcoin exchange everything out and sell it all, or start mining. Or, if you've got the time, pay it into the exchange in dollars, wait for BTC to fall again, then buy in, and sell out, buy in, sell out, on the third rise it usually settles and the alts hit a good run, so, on the third run spread the money between coins in the top 10 that have fallen the hardest and sell .
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