We’re rewarding the question askers & reputations are being recalculated! Read more.

Questions tagged [mining-pools]

mining pools are a way for miners to pool their resources together and share their hashing power while splitting the reward equally according to the amount of shares they contributed to solving a block.

Filter by
Sorted by
Tagged with
50
votes
4answers
103k views

For pool mining, what exactly is a share?

Can someone please explain exactly what a share is in the context of pool mining? I have a superficial understanding of testing random nonces to find a hash under the current difficulty. I also ...
15
votes
3answers
21k views

Solo Vs Pool Mining With A GPU

Currently I'm using 1 r9 380 card with 20 MH. I've only been mining for 3 days straight (72hours). I used the Mining Calculators from Etherscan and Cryptocompare. While these sites calculate it will ...
14
votes
1answer
4k views

How do I create my own mining-pool?

I have about 900+ Mh worth of power and I'm thinking of creating my own pool and putting all my miners in the pool instead of pooling with others. However I've found no instruction on how to do this. ...
13
votes
1answer
10k views

Join mining pool with Geth

I followed this guide to set up aws to mine ethereum with an instance that has GPUs. After set up, I let the miner go for a day without any pay in the smallest denomination of Ethereum. I researched ...
11
votes
4answers
17k views

ethminer Failed to submit hashrate

I keep getting an error: ethminer Failed to submit hashrate :( I am very new to this whole mining thing, and just want to learn more. I am using: Geth Version: 1.5.0-unstable ethminer version 1.2.7 ...
10
votes
3answers
7k views

Mining solution found

I've just started mining with a gtx 1070, and following a guide on the web I've set everything up, using a pool (nanopool). Watching the result of the mining program I noticed alread 3 times that I ...
8
votes
2answers
2k views

Why do we have Ethereum mining pools?

When Ethereum wasn't even launched, I remember Vitalik saying that the Ethereum mining process was designed in such a way to prevent the formation of mining pools. (I vaguely remember the reasoning ...
8
votes
2answers
18k views

What are some good mining pools? [closed]

I'd like to try a bit of mining, but my GPU is way too weak to mine on my own. I've tried finding reviews on existing mining pools for ether but they're very sparse. Could you recommend a pool?
8
votes
1answer
467 views

Ethereum mining pool centralization

There are a number of well known undesirable effects of mining pool centralization, primarily: increased risk of collusion a small set of pools effectively gain veto power on the evolution of the ...
7
votes
1answer
224 views

Would a fork require miners to update software it they mine on a pool?

Would a miner have to update their mining software, such as ethminer, to go on a forked version of the chain? Or is it up to the pool to decide which chain to mine? Also, if a miner is mining on a ...
7
votes
2answers
389 views

How can I maximize the probability that my ETH nodes stay synchronized with mainnet for as long as possible?

I run three full ETH nodes, one on my local, home network, and two in the cloud. All three make use of geth. My "local" node, is always in sync with mainnet, i.e. always showing the same last block ...
7
votes
1answer
4k views

AlethOne : GPU can't allocate the DAG in a single chunk

I'm trying to do some pool mining using AlethOne, but get the following error: Allocating/mapping single buffer failed with: "clEnqueueWriteBuffer(-4). GPU can't allocate the DAG in a single chunk. ...
6
votes
2answers
25k views

What's a “worker”, or a “worker name”

Using a "worker" or "worker name" is often an option when you do pool mining. It is often exemplified by "rig1". But how do you create one, and what is its use?
6
votes
2answers
2k views

Why did the DAG file change in block 1080000?

I'm mining to dwarfpool, and all of sudden am getting this message on the account: "DAG file changed in block 1080000" Does this mean that my DAG is out of sync and if yes, how do I resync it, tried ...
6
votes
1answer
10k views

Mining for 5 days at an avg of 19 Mh/s but not a single cent, is this normal?

Okay so i've been using ETHMiner and this cmd file to start it, and I've been mining for about 60-80 hours with and avg of 19 Mh/s and I havent recieved a single cent to my Jaxx wallet, is this normal?...
5
votes
2answers
706 views

Is it possible to prevent nodes from mining on a private blockchain?

Is it possible to prevent mining on a closed block chain, in a sense that only a set of addresses are allowed to perform transactions but are not allowed to mine? Mining should always be done by a ...
5
votes
3answers
3k views

What are the advatages of Stratum protocol over websocket RPC?

Some of the largest Ethereum pools have a support for Stratum mining protocol, they claim that there is about 20% advantage over normal type of protocol. My question is what are those advantages? I ...
5
votes
1answer
13k views

Can you mine with 2GB cards or less? Thinking about the DAG issues

So I'm really new to mining and I tried setting up a Claymore miner on a rig with a 2GB card, it gave me a error saying something that the DAG wasnt enough and then I looked it up on google and I only ...
4
votes
3answers
2k views

Pool mining: How is DAG generation possible without knowing the block number?

This is little bit similar to this: Do i need to be synchronized to blockchain when creating DAG for mining on pool? and this https://github.com/ethereum/go-ethereum/issues/2333 Essentially pool ...
4
votes
1answer
1k views

Is it possible to define a smart contract as the address when mining on a pool like ethermine?

I would like to create a contract that shares mining rewards between multiple accounts. Can I set this contract address as the target address when running eth-proxy ?
4
votes
1answer
5k views

I do not get any ether when mining

I'm mining on nanopool with Claymore's miner. This is the batch file: setx GPU_FORCE_64BIT_PTR 0 setx GPU_MAX_HEAP_SIZE 100 setx GPU_USE_SYNC_OBJECTS 1 setx GPU_MAX_ALLOC_PERCENT 100 setx ...
4
votes
1answer
245 views

Will pooled staking be implemented using multisig deposits?

Would this be a valid implementation for an ether staking pool if the goal was to eliminate the need for depositors to forfeit control of their ether to the pool owner? Depositor creates a contract ...
4
votes
1answer
2k views

Will I lose all mining time if I restart my miner?

An example about solo mining with my own pool: When I stop the miner after about 3 days and start it again, is the mining time lost to find a block?
4
votes
1answer
98 views

Synchronisation failed Invalid old chain

I got this error "Synchronisation failed: Invalid old chain" I tried geth removedb and geth upgradedb but I got the same error again any help please?
4
votes
1answer
3k views

“Failed to submit hashrate” error

I'm currently using geth and ethminer to mine, I'm using version 1.2.2 of Ethereum. I'm trying to mine on pool Ethereumpool, using these instructions. So my command is ethminer -G -F http://...
4
votes
1answer
828 views

ethminer fails to allocate DAG buffer -only- when connecting to a pool

When I run ethminer -G it starts the miner as expected. It takes around 60 seconds to allocate the DAG, and then it starts pumping out hashes on the GPU (at a dismal 1MH/s but that's besides the point....
3
votes
1answer
8k views

Customize minimum payout on ethermine

On the homepage of eterhmine it says that one of their features is "Customizable minimum payment threshold (Standard: 1 Ether, Minimum: 0.05 Ether, Maximum: 10 Ether)" and yet everything else I'm ...
3
votes
1answer
955 views

Do mining pool or miners decide on which transaction to be included in the next block?

This question is about mining pools specifically, which is why I don't think it's a duplicate of this question. I understand that with most Bitcoin mining pools, the mining pool computes the header ...
3
votes
1answer
180 views

How to check if a mining pool runs the forking client or not? [The DAO]

As Geth and Parity forking version are out, the switch to a soft fork related to The DAO is said to happend on block 1800000 if block gas limit is below or equal to 4M. We can see global gas limit on ...
3
votes
1answer
107 views

Risk of using BlockHash, other miners preventing attack. [duplicate]

When I read about the risk of using the blockhash as a random number it was explained to me the issue was that a miner can trow away the block if the block-hash is not in his advantage, and keeps ...
3
votes
1answer
3k views

Mist wallet showing no balance but nanopool showing ether in address

How do I eventually get the ether I have just successfully been mining or paid for by nanopool into a wallet that I can sell for USD? I wish to know why my mist wallet still contains a balance of 0.00 ...
3
votes
1answer
2k views

How to run my own full node pool? (error: unexpected identifier)

When I run this geth with the following parameters: geth --rpc --rpcaddr "my ip" --rpcport 8545 I get an error like: (anonymous): Line 1:13 Unexpected identifier (and 1 more errors) Please help.
3
votes
1answer
483 views

How does pool mining work in Ethereum?

When mining in pools, does a user get the mining reward for a block as a function of computational resources even if he did not find the PoW for that block? My guess is that the rewarding scheme is ...
3
votes
1answer
3k views

Etherminer has stopped working

ethminer.exe -G -F poolurl/mywallet it stops working at Grabbing DAG for #deb. Mining is impossible...
3
votes
1answer
1k views

DwarfPool mining: Blockchain-syncing and firewall settings

Some questions related to this DwarfPool (ETH) mining command: ethminer -F http://eth-eu.dwarfpool.com/0xb... Is it correct that... ethminer does not download the blockchain, it only creates DAG ...
3
votes
1answer
147 views

Byzantium related homework required for pool operators and developers

Is there a summary of what code and/or configuration changes need to be implemented by mining pools and associated code to properly support the upcoming hard-fork? Do packages like ethash need to be ...
3
votes
0answers
203 views

Did f2pool manipulate transactions during the Status ICO?

Blocks such as this one and this one appear to show preferential treatment being given to f2pool transactions in blocks mined by f2pool during the beginning of the Status ICO (at block height 3903900)....
3
votes
1answer
710 views

Mining-pool for MacOS?

I would like to use a mining-pool like nanopool, but I have a Mac - what alternatives do I have? Is my understanding right, that whenever I want to be part of a mining-pool I need a miner provided ...
2
votes
3answers
1k views

Will there be mining pools with the Proof-of-Stake?

Ethereum will eventually move to Proof-of-Stake algorithm. I guess it is a very basic question, but how the mining pools are supposed to work in that case (if at all)?
2
votes
1answer
7k views

How do I create and manage my own mining pool?

I realize that there are already answers to the question, but I don't think they are detailed enough. For my use case, I have 4-5 gaming PCs, some desktop and some laptop, laying around the house. I ...
2
votes
1answer
10k views

How to create an Ethereum mining pool. [duplicate]

How would one begin to create an Ethereum mining pool?
2
votes
2answers
1k views

Why don't private blockchain networks that do not charge for transactions charge a fee when processing ethereum/ proprietary token on the network?

I ask this questions is there seem to be 2 flavors of blockchain: 1. Public think bitcoin and ethereum. 2. Private hyperledger, SAP Leonaro, etc. The public network charges for transactions which make ...
2
votes
1answer
6k views

Payouts from ethermine.org rate

I relatively new to mining in general and I only want to explore what it is like to mine (I'm not really crazy on building rigs or anything but I just want to know the vast ocean of knowledge about ...
2
votes
1answer
575 views

If we are running a private chain with multiple nodes, as a connected node still do I need to start mining?

I have a Private Ethereum Network. As a node I connected to the network as a peer. When I submit a transaction from my node, it won't fall into mining pool, in case I start mining on my node. When I ...
2
votes
1answer
257 views

What is ethash shared mode?

I red over ethash source code and saw this code: func CreatePoW(config *Config) (pow.PoW, error) { switch { case config.PowFake: glog.V(logger.Info).Infof("ethash used in fake mode") ...
2
votes
1answer
2k views

What are eth_getWork parameters?

I was looking over at https://github.com/ethereum/wiki/wiki/JSON-RPC#eth_getwork and I don't understand some of the parameters: DATA, 32 Bytes - current block header pow-hash DATA, 32 Bytes - the ...
2
votes
2answers
14k views

Noob Question About Pool Mining & Wallets

I'm sure this is a stupid question; but please be gentle, I am still learning the basics. Some Background: I have a rig I purchased from a 3rd party that mines ETH using MiningPoolHub.com. It ...
2
votes
1answer
3k views

Mining Nanopool for 24H with Radeon RX 480 and yet no shares found

I am mining with Ethminer in Nanopool for around 24h (or more) and I still didn't find any shares so my account is not yet created in Nanopool. I think this is not right. I use the miner like this: ...
2
votes
1answer
5k views

Mining pool 0.2 minimal payout

New miner here trying to mine Ethereum on my R9 290 tri-x with a reported hashing rate of 28 MH/s. So yesterday I was mining solo with ethminer console before I realized that you'd need months and be ...
2
votes
1answer
433 views

Dwindling Pool Mining Shares Ethpool

anyone notice lower share count over the last cpl days on ethpool? i'm humming along at my blazing 25 mh/s speed (lol) and have seen my share count go from ~22/hr to low teens or even ~10/hr lately. ...