2015 Was Do or Die for Bitcoin Miners But Promise Lies ...

r/IOTAmarkets

Welcome to IOTAmarkets! -- IOTA is a quantum-resistant distributed ledger protocol launched in 2015, focused on being useful for the emerging m2m economy of Internet-of-Things (IoT), data integrity, micro-/nano- payments, and anywhere else a scalable decentralized system is warranted. IOTA uniquely offers zero fees, no scaling limitations, and decentralized consensus where users are also validators. The digital currency 'iota' has a fixed money supply with zero inflationary cost.
[link]

Jeff Garzik talked about the "Fidelity Problem" since 2015. With the BCH stress test we are giving more confidence to institutions to build on Bitcoin. Time for miners to start making 32MB blocks and show the world what we can do!

Jeff Garzik talked about the submitted by cryptorebel to btc [link] [comments]

In past 12 days #Bitcoin mining hashrate rose by as much as had existed from ALL miners in Dec 2015

In past 12 days #Bitcoin mining hashrate rose by as much as had existed from ALL miners in Dec 2015 submitted by cointastical to Bitcoin [link] [comments]

In past 12 days #Bitcoin mining hashrate rose by as much as had existed from ALL miners in Dec 2015

In past 12 days #Bitcoin mining hashrate rose by as much as had existed from ALL miners in Dec 2015 submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Good source of 2015+ 5TH or faster Bitcoin miners in EU? /r/BitcoinMining

Good source of 2015+ 5TH or faster Bitcoin miners in EU? /BitcoinMining submitted by BitcoinAllBot to BitcoinAll [link] [comments]

2015 Was Do or Die for Bitcoin Miners But Promise Lies Ahead

2015 Was Do or Die for Bitcoin Miners But Promise Lies Ahead submitted by mikeytom77 to Bitcoin [link] [comments]

2015 Was Do or Die for Bitcoin Miners But Promise Lies Ahead

2015 Was Do or Die for Bitcoin Miners But Promise Lies Ahead submitted by JulielNJJ to btc [link] [comments]

[2015] If you had free Electricity, what miner would you buy for mining bitcoin?

What is the most cost effective set-up where energy is free?
There is a trade off between getting a high-hash-rate miner (that's also $$) and getting a low-hash-rate miner (that's less $$ but you would have to buy more power supplies)?
Links would be helpful!
submitted by collegekid10948 to BitcoinMining [link] [comments]

Miners: You'll (very likely) need to upgrade your Bitcoin Core node soon to support BIP66 | Peter Todd | Jun 12 2015

Peter Todd on Jun 12 2015:
Summary
The BIP66 soft-fork recently passed the 75% support threshold. This
means that 75% of the hashing power has upgraded to support BIP66; 25%
of the hashing power has not. Once 95% of the hashing power has
upgraded, blocks created by the 5% who have not upgraded will be
rejected.
If you operate a pool, solo-mine, or mine on p2pool you'll very likely
need to upgrade your Bitcoin Core node to support the BIP66 soft-fork,
or your blocks will be rejected. If you only sell your hashing power to
a centralized pool you do not need to do anything.
How does the Bitcoin protocol measure BIP66 support?
Miners that have upgraded to support BIP66 create blocks with the
version field set to 3; non-upgraded miners set the version to 2.
Bitcoin Core measures BIP66 support by counting how many blocks with
version >= 3 exist in the blockchain within the last 1000 blocks.
If 750 out of the last 1000 blocks support BIP66, blocks with the
version set to >= 3 that do not follow the BIP66 rules are rejected; if
950 out of the last 1000 blocks support BIP66, blocks with version < 3
are rejected.
When will the 95% threshold be reached?
It's unknown exactly when the 95% threshold will be reached. The BIP34
soft-fork went from 75% to 95% support in a about two weeks, however
more or less time is possible; it's possible that the 95% threshold will
be reached in just a few days.
How can I monitor BIP66 adoption?
See Pieter Wuille's graphs:
[http://bitcoin.sipa.be/ver-ever.png](http://bitcoin.sipa.be/ver-ever.png) 
http://bitcoin.sipa.be/ver-50k.png
http://bitcoin.sipa.be/ver-10k.png
http://bitcoin.sipa.be/ver-2k.png
The 'ever' and '50k' graphs show the 75% and 95% thresholds.
What software supports support BIP66?
Bitcoin Core releases later than v0.10.0 support BIP66.
In addition, v0.9.5 supports BIP66, however we recommend that you
upgrade to v0.10.2
If you run a pool, you may also need to upgrade your pool software as
well. For instance, eloipool versions prior to May 22nd 2015, git commit
f5f4ea636fb38f38e6d9a04aad1f04427556a4bc, do not support BIP66. (For
Eloipool, cb8a5e8fbb4bfdfe9e35f670082603caff65e1b2 is a clean merge that
should work for any branch more recent than 2013 April 6)
Solo miners and decentralised miners using GBT need to also update their
mining software to a currently supported version of BFGMiner to get
support for v3 blocks. The official BFGMiner binaries include this
update with 5.1.0, 4.10.2, and 3.10.9.
What is BIP66?
BIP66 - "Strict DER signatures" - is a soft-fork that tightens the rules
for signature verification, specifically the way that signatures are
encoded. The Bitcoin Core implementation currently relies on OpenSSL for
signature validation, which means it implicitly defines Bitcoin's block
validity rules. Unfortunately, OpenSSL is not designed for
consensus-critical behaviour (it does not guarantee bug-for-bug
compatibility between versions), and thus changes to it can - and have -
affected Bitcoin software. (see CVE-2014-8275)
By tightening these rules BIP66 reduces the risk that changes to OpenSSL
will cause forks in the Bitcoin blockchain, as seen previously by the
March 2013 fork. Secondly reducing our dependency on OpenSSL is a step
towards replacing OpenSSL with libsecp256k1, a signature validation
library from Pieter Wuille and Gregory Maxwell, that is designed for
consensus-critical applications, as well as being significantly faster
than OpenSSL.
Is it possible that the BIP66 soft-fork will not happen?
In theory yes, though it is unlikely and rejection of BIP66 would be a
very ugly process. Unfortunately the existing soft-fork mechanism
provides no mechanism for a soft-fork to expire, so once set in motion
there is no clean way to stop a soft-fork.
There is a proposal from Wuille/Maxwell/Todd, to reform how soft-forks
are adopted that aims to fix this issue, as well as allow multiple
soft-forks be adopted in parallel:
http://www.mail-archive.com/[email protected]/msg07863.html

'peter'[:-1]@petertodd.org
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submitted by bitcoin-devlist-bot to bitcoin_devlist [link] [comments]

[2015] If you had free Electricity, what miner would you buy for mining bitcoin? /r/BitcoinMining

[2015] If you had free Electricity, what miner would you buy for mining bitcoin? /BitcoinMining submitted by BitcoinAllBot to BitcoinAll [link] [comments]

2015 Was Do or Die for Bitcoin Miners But Promise Lies Ahead

2015 Was Do or Die for Bitcoin Miners But Promise Lies Ahead submitted by BitcoinAllBot to BitcoinAll [link] [comments]

2015 Was Do or Die for Bitcoin Miners But Promise Lies Ahead

2015 Was Do or Die for Bitcoin Miners But Promise Lies Ahead submitted by BTCNews to BTCNews [link] [comments]

Miners are struggling with blocks far smaller than 750KB blocks and resorting to SPV mining | Luv Khemani | Aug 17 2015 /r/bitcoin_devlist

Miners are struggling with blocks far smaller than 750KB blocks and resorting to SPV mining | Luv Khemani | Aug 17 2015 /bitcoin_devlist submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Hard fork via miner vote | Pieter Wuille | Jun 20 2015 /r/bitcoin_devlist

Hard fork via miner vote | Pieter Wuille | Jun 20 2015 /bitcoin_devlist submitted by BitcoinAllBot to BitcoinAll [link] [comments]

game-theory, miner incentive alignment vs current proposals | Adam Back | Jun 23 2015 /r/bitcoin_devlist

game-theory, miner incentive alignment vs current proposals | Adam Back | Jun 23 2015 /bitcoin_devlist submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Press • [2015-12-04] Bitcoin.com: SEC Indicts GAW Miners CEO for ‘Hashlet’ Ponzi

submitted by btcforumbot to BtcForum [link] [comments]

CLTV/CSV/etc. deployment considerations due to XT/Not-BitcoinXT miners | Peter Todd | Aug 19 2015 /r/bitcoin_devlist

CLTV/CSV/etc. deployment considerations due to XT/Not-BitcoinXT miners | Peter Todd | Aug 19 2015 /bitcoin_devlist submitted by BitcoinAllBot to BitcoinAll [link] [comments]

BCF 2012 Miner vote | Gregory Maxwell | Feb 25 2015 /r/bitcoin_devlist

BCF 2012 Miner vote | Gregory Maxwell | Feb 25 2015 /bitcoin_devlist submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Off-chain transactions and miner fees | info at bitmarkets.net | Aug 09 2015 /r/bitcoin_devlist

Off-chain transactions and miner fees | info at bitmarkets.net | Aug 09 2015 /bitcoin_devlist submitted by BitcoinAllBot to BitcoinAll [link] [comments]

alternate proposal opt-in miner takes double-spend (Re: replace-by-fee v0.10.0rc4) | Adam Back | Feb 22 2015 /r/bitcoin_devlist

alternate proposal opt-in miner takes double-spend (Re: replace-by-fee v0.10.0rc4) | Adam Back | Feb 22 2015 /bitcoin_devlist submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Mining • [2015-12-12] PCWorld: Bitcoin miner KnC is planning another datacenter Today at 08:24:13

submitted by btcforumbot to BtcForum [link] [comments]

Lightning Network's effect on miner fees | s7r | Oct 14 2015 /r/bitcoin_devlist

Lightning Network's effect on miner fees | s7r | Oct 14 2015 /bitcoin_devlist submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Proposal: Requiring a miner's signature in the block header | Hector Chu | Feb 11 2015 /r/bitcoin_devlist

Proposal: Requiring a miner's signature in the block header | Hector Chu | Feb 11 2015 /bitcoin_devlist submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Before You Start Mining Bitcoins in 2015[Things to Know] Bitcoin-Miner - YouTube How to Mine Bitcoins Using Your Own Computer - YouTube How to mine Bitcoins with ASIC Miners Inside a Secret Chinese Bitcoin Mine - YouTube

2015 continued the trend: as the price of bitcoin fell and mining difficulty rose, miners were forced to sell both their bitcoin holdings and newly mined bitcoins to cover operating expenses and ... Juli 2015 von Jonathan Harkort // 21 Kommentare "Mining Equipment". Foto von John McClumpha via flickr.com. Lizenz: Creative Commons. Bitcoins zu minen ist längst nicht mehr mit einem Gaming-PC oder einigen zusammengeschraubten Grafikkarten möglich. Stattdessen benötigen die Miner spezielle Hardware, die sogenannten ASIC-Chips. Das sind Mikrochips mit integriertem Schaltkreis, die nur eines ... Chihuahua Media Projects Ltd., 2A Simeon Pironkov Street Sofia Bulgaria, [email protected] The Bitmain Antminer S7 is one of the most popular bitcoin miners since it is easy to set up. In addition, the mining hardware is reasonably priced, powerful and efficient. Launched in 2015, the mining rig gained notoriety the following year with users claiming to experience an average of 4.7 to 4.9 TH/s hash rate. The problem is miners creating invalid blocks. Some software can detect that those blocks are invalid and reject them; other software can’t detect that blocks are invalid, so they show confirmations that aren’t real. Bitcoin Core 0.9.5 and later never had any problems because it could detect which blocks were invalid.

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Before You Start Mining Bitcoins in 2015[Things to Know]

Published on Jan 20, 2015 Basically mining off your GPU will get you no where, you have to invest in atleast a few asic miners getting at least 800 g/Hash for it to be somewhat profitable as of ... Start trading Bitcoin and cryptocurrency here: http://bit.ly/2Vptr2X IMPORTANT!! This method only illustrates how mining works. You will not make any money f... Top Bitcoin Core Dev Greg Maxwell DevCore: Must watch talk on mining, block size, and more - Duration: 55:04. The Bitcoin Foundation Recommended for you Earn and use Bitcoins in India and other countries Bitcoin Mining 2015 with Nvidia GTX 970 - Duration: 22:17. Tech Virus 39,523 views. 22:17. $ ... MINING GPU 2015, CLOUD MINING, FREE BITCOIN, 500 EUR per month, майнинг для профи и для новичков! - Duration: 34:27. ENjOY SiLENCE 4,048 views. 34:27. Beginner Swing ...

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