Semi pool merged mining

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WATCH RELATED VIDEO: How To Choose the BEST MINING POOL

PBaaS- The Age of Merged Mining is Upon Us


Posted by Zachary Mashiach Dec 27, A group of Burstcoin developers has been accused of merge mining Bitcoin HD without the consent of miners, refusing to give them the Bitcoin HD earned from merge mining, despite using their equipment. The developers say this was done to attack Bitcoin HD.

On Dec. This was announced to the public on Dec. Reasonable attempts to reach representatives of PoCC for a response to the allegations were unsuccessful. A statement released by PoCC on Dec.

This situation seems unfair for miners and perhaps could be considered theft since most miners were completely unaware that they were merge mining for at least a week.

It also temporarily waived the negative balances some miners had due to a previous pool error. The PoCC said it will use its pool, which is comprised of the mining power of independent miners, to mine other chains as it deems fit. It indicated that miners will not receive any profits from merge mining Bitcoin HD even though it costs more electricity.

Because of said pyramid scheme concept you have to buy in to earn BHD maintains a price point way beyond a realistic valuation. Greed devours the brain. We are currently interfering with this network to secure our position , which means BHD miners will continue to observe an ever increasing network capacity.

Specifically, the PoCC is saying it is consuming a large fraction of the mining revenue from Bitcoin HD — which weakens the Bitcoin HD mining community — and dumping it for Burstcoin development. You should understand what this means. This is a very serious allegation for which there is no evidence… As we do not attack BHD and according to your own words help to strengthen the BHD network, we are confounded with the threats you formulated.

To summarize, the PoCC, which is a semi-official Burstcoin development team — but certainly not the only Burstcoin developers — initially began to merge mine Bitcoin HD without permission from the miners in the PoCC pool. PoCC acknowledges that the merge mining was done to divert resources away from the Bitcoin HD mining community to weaken it. Those resources have enriched PoCC, despite the fact that miners on the PoCC pool were unknowingly participating in this scheme and losing money because of it.

Now, a significant fraction of the Burstcoin community feels betrayed, and the PoCC has lost reputation and trust. Since Burstcoin is decentralized, it will eventually recover from this, but the weeks and months ahead could be very turbulent as the full details of this merge mining saga are exposed.

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Bitcoin Stack Exchange is a question and answer site for Bitcoin crypto-currency enthusiasts. It only takes a minute to sign up. Connect and share knowledge within a single location that is structured and easy to search. Does anyone know why there are no Scrypt based merged mining pools out their yet?

Semi-supervised Active Learning for Semi-supervised Models: Exploit the unlabeled pool, we further propose a boundary limitator.

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Bitcoin Mining is the process used by Bitcoin to achieve Sybil-attack resistance and forms the basis for Nakamoto Consensus. The process involves solving computationally difficult puzzles while selecting a valid set of transactions to be applied to the ledger. Nowadays most Bitcoin mining is performed by mining pools. Mining pools exist to reduce payout variance for miners, but also to reduce their maintenance costs and bandwidth requirements. The poolserver runs one of the mining pool server software. Some common softwares are Ckpool, Btcpool, and Eloipool. The channel is used for obtaining information about the current best branch, and the parent block hash for the block to be mined.


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semi pool merged mining

Offer does not apply to e-Collections and exclusions of select titles may apply. Offer expires June 30, Browse Titles. What is Data Mining 1. Is the process of analyzing large amount of data in order to discover hidden patterns and relationships.

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The cryptocurrency Dogecoin hit an all-time price high this week, surpassing 10 cents and sending its Reddit community into a meme frenzy. But some people don't want to simply buy the digital tokens, they want to create them. The process is known as mining, and it's possible to do with some computer hardware and software. Unlike Bitcoin , which has a hard cap of 21 million tokens available to be mined, there is no upper cap on the potential supply of the dogecoin currency. There are currently more than billion dogecoins in public circulation, according to tracking data published by CoinMarketCap and CoinDesk. Mining DOGE may not require as much computing power as Bitcoin, but it's still not a process for beginners, and the rewards are essentially a competitive lottery.


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Now RSK merge-mining security could reach a level of security comparable to Bitcoin mining, for users that wait for at least a hundred block confirmations. Nakamoto consensus can be analyzed from three different security angles: thermodynamic[2], game-theoretic, and cryptographic security. Thermodynamic security means that an external attacker who wishes to revert the blockchain must pay a high cost in electricity. Game-theoretic security means that a new non-Bitcoin miner has to invest an enormous amount in hardware and an existing Bitcoin miner that is trying to maximize profit would prefer to stay honest rather than to become malicious below the selfish-mining threshold. Cryptographic security sometimes means that under some assumptions it is practically infeasible for an attacker to break the protocol, and other times means that some information is perfectly hidden, meaning no computational power will ever uncover it. Merge-mining is not different in this regard. Still, before the last network upgrade the game-theoretic security of RSK was quite lower. The reason is that RSK, as a native sidechain, lacks coin issuance and therefore depends solely on transaction fees, which are growing but are still low compared to Bitcoin subsidy.

Exports are also a key component of the METS industry, with over half of all businesses form a combined “mining and METS sector” within a new IO table.

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It is based on cgminer by Con Kolivas ckolivas , which is in turn based on cpuminer by Jeff Garzik jgarzik. Note that most of the documentation is outdated or incomplete. If you want to contribute, fork this repository, update as needed, and submit a pull request.


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Post by David » Tue Apr 10, am.

Building DeFi on top of Bitcoin makes sense as the base layer is the most unchanging, trustworthy, and decentralized blockchain to build upon. Based on a Twitter poll I ran, my followers were most interested in Stacks, which I wrote about last month. Rootstock is a smart contract platform that gets its security from Bitcoin via merge mining which helps prevent double-spending and increases settlement finality. It is one of the oldest Bitcoin DeFi projects, with the first iteration being built under a different name in In order to interact with the Rootstock chain, users have to lock up some of their Bitcoin in the bridge.

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  1. Zuk

    This situation is familiar to me. I invite to discussion.

  2. Westun

    I confirm. All above told the truth.

  3. Mugal

    Sorry, post deleted

  4. Jeremyah

    No kidding!

  5. Reizo

    Do something serious