wafflepool.com - An auto switching scrypt coin mining pool
WafflePool is a multi-coin (scrypt) mining pool. Point your miner to WafflePool with a Bitcoin address as your username, and we take care of automatically mining the most profitable coin at all times, converting the earnings from each coin into Bitcoins, and paying you out in bitcoins! Mining alt-coins and converting to bitcoin is very often orders of magnitude more valuable than mining Bitcoin directly! No registration, no hassles, just point and start getting paid!
CoinSolver -- Profit Switching Scrypt Pool w/Nightly Bonus
CoinSovler is a new auto-switching scrypt coin mining pool that pays out directly in BitCoin. We're still in Beta, so suggestions and feedback are most welcome, and we have many features in the works. We intend for it to be dead simple to use, highly profitable and very transparent about the mining information.
"Bitcoin [Core] mempool is blowing up right now, to me it looks like a primary miner is cutting off mining to grow the transaction fee cost... there are 1 hour intervals with no blocks mined, about an hour ago there was a huge chunk of low cost transactions thrown into the network.."
What will miners do if all Bitcoin is mined and transaction fees are very low?
Eventually in over 100 years all Bitcoin will be mined. If transaction fees end up being low, what exactly will miners do? Since there's no bitcoin left to mine, and the fees are low, the reward for mining will be very low. What will miners do? EDIT: Never mind, I think even 1 satoshi fees might be fine if everyone uses it.
[SERIOUS] Let's say in the future there are 5 major players in the Bitcoin mining industry, controlling 95% of the total mining power. What would prevent them from creating a mining cartel to drive up transaction fees for their own benefit?
THEORY: Is it possible that miners are spamming the Bitcoin network with low fee transactions to generate more mining profits?
Hi all. I don't know enough about the technical details of the low-fee transactions that are spamming the network, and a possible correlation between those and the ability for minors to make a profit. My thinking, which may be horribly flawed, is that miners may be flooding the network with low fee transactions in order to produce a large quantity of quickly mineable blocks in order to gain extra rewards (or to get rewards more quickly than they might if mining only normal fee blocks) Is this feasible? Or does a minor make just as much mining a normal fee block as they would a block that has a ridiculously low transaction fee? I ask because I have heard many times about minors intentionally mining empty blocks to get the rewards. But I don't know if empty blocks relate directly to low-fee blocks? Any technical insights you could provide would be greatly appreciated, as I would hate to suggest something that might have no foundation or basis. With thanks for your suggestions on how this might be possible, or how I might be completely off base here. Babs
The average Bitcoin network transaction fee is currently around one dollar. But the amount is constantly changing: we suggest to use resources like Ycharts to track exact values. Here is how to choose the optimal fee: Pay more than average if your transaction is urgent. The more you pay, the more likely your transaction to end up in the next block. 21’s fee tool will help you include the right fee amount when sending your transaction. Fee Collection by Miners. The miner or mining pool that includes a transaction in a block collects the transaction fee. In the example above, Antpool mined block #408450. This block included 185 transactions with a total of 0.05502059 BTC in transaction fees. However, the average Bitcoin transaction fee has come down rapidly since then. BitInfoCharts reveals that the average Bitcoin transaction fee had dropped to just $0.50 in the first half of November 2018, which is probably why users are transacting more in Bitcoin to send and receive payments across the globe. The minimum fee necessary for a transaction to confirm varies over time and arises from the intersection of supply and demand in Bitcoin's free market for block space. On the supply size, Bitcoin has a maximum block size (currently one million vbytes) that limits the maximum amount of transaction data that can be added to a block.. However, Bitcoin blocks are not produced on a fixed schedule Notably, the highest average transaction fee for Bitcoin was in December 2017 at the height of the historic Bitcoin Bull Run of late 2017. The fee spiked to an incredible $55 reflecting the high demand for Bitcoin transactions then. After the halving on May 11, transaction fees continued to rise. By May 14, Bitcoin transaction fees had soared
Bitcoin Faucet: Extrabtc - 4 satoshis every 0 minutes (Faucetpay)
Called mining, individuals or companies engage in this activity in exchange for transaction fees and newly created bitcoins. Besides mining, bitcoins can be obtained in exchange for fiat money ... Bitcoin mining is the process of adding transaction records to Bitcoin's public ledger of past transactions or blockchain. This ledger of past transactions is called the block chain as it is a ... free bitcoin mining without withdrawal fee 2020 make money with jay ... unconfirmed bitcoin,bitcoin unconfirmed transaction hack,bitcoin mining,free bitcoin,unconfirmed bitcoin transaction script ... Is it still profitable to mine bitcoin when the price drops? Is the reduction in energy prices dangerous for Bitcoin? Will transactions fees rise dramatically in 2140 when the block subsidy goes ... free bitcoin mining without withdrawal fee lets make it ... unconfirmed bitcoin,bitcoin unconfirmed transaction hack,bitcoin mining,free bitcoin,unconfirmed bitcoin transaction script free,bitcoin ...