Chia mining pool games
Mining nature is probabilistic. Is it possible to be luckier than others? Why mining is sometimes perceived as a game? It just happens to be that mining is also a sort of a game or a competition, in its own way. And we will tell you why.
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Content:
- Exbibyte frenzy: How mining for Chia crypto turned me into a storage junkie
- How to Farm Chia Coin, Now With Pooling
- Can a “green Bitcoin” help solve cryptocurrencies’ sustainability problem?
- Chia Coin Review
- How to mine Chia (XCH): Easily farm crypto with your storage drives
- Mining Cryptocurrency Such as Chia Will Void Your SSD Warranty, Manufacturer Galax Warns
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- Free litecoin
- Chia Coin Developer, Bram Cohen Flags Unofficial Mining Pools
- BitTorrent Creator's 'Green' Cryptocurrency Accused of Burning Through SSDs
Exbibyte frenzy: How mining for Chia crypto turned me into a storage junkie
With the release of the official pool protocol there has been a proliferation of pools. At the moment of writting this post, chiahub. Taking a look at the block numbers we see that both of them have been mined using old plots in solo mode, since the farmer and pool adresses are equal:.
At this moment frenchfarmers. Looking at the leaderboard we see that a single farmer has With that netspace, the estimated time to win a block is of aprox. Looking that address in Chia Explorer we see that he has not won any block and received no XCH transactions.
Could this be a fake farmer made to artificially increase the overall netspace of the pool, making it more atractive to other real farmers? But, has its netspace been taken into account when distributing the reward among the other farmers diminishing their payments? At this time, letsfarm. This means that the block has been mined by a solo farmer and not by the pool. Taking a look at their won blocks page we may see that they have been mined by a solo farmer and not by the pool since the farmer and the pool addresses are exactly the same.
Also, all the blocks have been won by the same address. The following pools say that the have won blocks. When taking a look at those blocks we can see that they have been mined by a solo farmer and not by the pool, since the farmer and pool adresses are the same. Turns out that there seems to be many pools that are faking their data to trick farmers.
Can they explain this? This behaviour should be punished. Some people has stated that maybe the blocks listed as farmed may be just the confirmation block of the reward when received by the pool. That process is explained here. So to try to get some clear results from this, I have went to the wallet addresses of each of the pools listed originally here and check if that possibility is real for any of them.
Someone who complains about something and actually backs it up…this is new. I cannot myself verify the statement that these are problems. But I commend you for bringing this up with links for everyone to check it out. One thing that comes to mind about the farmer and pool address being the same, is it maybe that they have their own plots also running inside the pool?
Just a thought. A really interesting observation about the list on that site is how much it has shrunk. It was at around pools not too long ago. Now it is less than Looks like they are doing some cleanup. About netspace: pool can not see farmer actual netspace. It could see partial proofs i e. This is not linear dependency and vary in time. I do not see how this is relevant in this thread though. I only mention the netspace of a frenchfarmers.
How can we know that this is a real farmer? It seems to be maxiopool. My first guess is that these pools own large solo farmers that ran solo before the pool began that now farm to their own pool.
The 32TB Chris farm is looking very tiny right now. This situation is deeply concerning, multiple pools seem to be deceiving or directly lying to farmers about the origin of blocks won. Backing this claims with proofs is the least I can do. If the block farmer and pool address match, it means that the proof was not found in a plot belonging to a PlotNFT, which means that the block was not won by the pool. You are right that the netspace variation is not suspicious by itself.
When we also look at the fact that the farmer has not received any payout and that it has not won any block things start to get weird. I think you are looking at the wrong blocks. And in case of pplns a part of pool reward. That would be transparent. Please stop the lies ppl, the payout is on chia-explorer its 0. These are published numbers, so pray tell why do ppl make up lies for what end?
Updated daily. Yes there are scams and people have tried to get xch they did not deserve, but aside from stealing from peoples wallets by getting their private keys I have not seen evidence of serious fraud on a widescale, as you seem to be claiming. You seem to be promoting Hpool quite heavily in this and another post I have read this morning.
Is that because you genuinely believe hpool is more honest. They consistently fail to win what they should despite their size, so its blatantly obvious to anyone with eyes that not all of their supposed EiB are real plots. I am not saying that is systematic cheating, it could just be individual farmers try to cheat the hpool client, maybe. Have you got examples of nft-official pooling protocol pools who are not showing this alleged strange behaviour?
For me, what I do think is a reason for people to be unhappy is the value of xch versus fiat falling, if they expected to get a big return on the equipment they have bought. For the rest of us that bought a bunch of kit, we are only seeing our money back if xch goes to some pretty big numbers in the future.
On the subject of maxiopool which I joined when nft pools went live. The amount of netspace average that they think I have does match what I have plotted and farmed for them. The amount I have been paid out matches what I expect to get and also matches the 0. Strange at most. Relationship between pool and farmer is based on trust. I have made this post to wait for responses and data from the pools - which they should have if they are serious. For anyone willing to know how this works, it is mainly some technical details are avoided like this:.
So there are two possible blocks to be recorded by the pool to have traceability:. Well, I have asked about this on that thread because none of two possibilities above are happening on the data given by Maxiopool. I have asked on this post and no response has been given. And I can see that they have liked your post, so I suppose they are looking this from the shadows without giving an explanation for this.
Suspicious pools. What is happening? Chia Pools. But I commend you for bringing this up with links for everyone to check it out One thing that comes to mind about the farmer and pool address being the same, is it maybe that they have their own plots also running inside the pool? Someone from maxiopool has responded to some of this nonsense in the maxiopool thread.
Where in the hell are people getting this hr bs?? That may be a reason for one or two of the pools, but I think in general that is not the case.
I know how rewards on pools work when farmed from a pool member. For anyone willing to know how this works, it is mainly some technical details are avoided like this: A farmer farms a block using a plot from a Plot NFT. That block has the farmer address for farmer reward 0. When the pool detects the reward from the blockchain, it produces an absorbtion transaction which generates a new coin for the singleton tip and generates the reward coin for pool wallet.
So there are two possible blocks to be recorded by the pool to have traceability: the mined block, in which pool key and farmer key should be different the confirmation block of the reward, which should match with the transaction received on pool wallet.
How to Farm Chia Coin, Now With Pooling
The termination of the mining of the cryptocurrency Chia took place at on May 17, All transactions that were carried out before this date, the mining company processed. Withdrawals will be closed four days later at on May Days ago, the mining company UUpool said that the mechanism of cryptocurrency mining has problems.
Can a “green Bitcoin” help solve cryptocurrencies’ sustainability problem?
Log in. For a better experience, please enable JavaScript in your browser before proceeding. You are using an out of date browser. It may not display this or other websites correctly. You should upgrade or use an alternative browser. Thread starter midian Start date May 11, Prev 1 2.
Chia Coin Review
Pool together token. This token is a Charity version of the famous ElonTech token. The Raid is where you can poo l together two tokens of equal value so that other users can swap off of liquidity. We would like CVP to become known as a less volatile, internally-hedged token that is ideal collateral for borrowing. The strong social element of this platform binds the community together and gives traders and early adopters reasons to keep coming back.
How to mine Chia (XCH): Easily farm crypto with your storage drives
In , cryptocurrency mining will celebrate its 12th anniversary. However, the concept of mining using high-end computer gear is beginning to gain traction amongst the general public. Chia, on the other hand, is completely another animal. Although some of the essential blockchain concepts remain the same as before, Chia coin does away with the Proof of Work algorithm for protecting the network. We are gonna go over the basics of the Chia, Chia mining basics and then cover the costs and profits of it if you are planning to use a cloud storage solution. Chia Network develops a blockchain and smart transaction platform created by the inventor of BitTorrent, Bram Cohen.
Mining Cryptocurrency Such as Chia Will Void Your SSD Warranty, Manufacturer Galax Warns
Mining is a major part of Voxiom. Crypto mining has become a popular way for tech-savvy individuals to generate revenue in the digital asset markets. Mine bitcoin through the cloud, get started today! Business analytics allows discovering, analyzing and acting on data in business domain. Move from pen, paper and spreadsheets to digital plods, drill planning, rig management, safety compliance and more using web and mobile apps. Russian language group is shaioRU.
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Chia XCH is a cryptocurrency based on Proof of Space-and-Time rather than the much more familiar Proof of Work that plagues our efforts to decarbonise our energy grid. Chia was initially developed by BramCohen , known for developing the BitTorrent protocol. Proof of Space-and-Time requires a you to commit a resource to the network, in this case storage space, and to mathematically prove that your commitment continues to be available to the network.
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RELATED VIDEO: Майнинг ферма CHIA в 2021. Фармить на жестких дисках выгодно? Отчет за 2 месяцаConfigure your miner settings. Monero XMR is on a downward monthly trajectory as it has decreased You are ready for start Scala mining! Scala Mining Pool by HeroMiners. RandomX Benchmarks.
Chia Coin Developer, Bram Cohen Flags Unofficial Mining Pools
Try Advinced calculator, because you dont have ploted All your space already event if you can plot TB a day, network expanding so fast that chanses go less every hower. Their calculator is as optimistic as the official Storj one was. Nothing unusual. I can absolutely confirm this. I got extremely lucky mining a block in my first week because I started relatively early. And even that was while it said I would win at best once in 3 months. I always considered chia to be a scam, never bothered with that coin before it went live on exchanges.
BitTorrent Creator's 'Green' Cryptocurrency Accused of Burning Through SSDs
If so, feel free to skip to the next section. Chia is one of the newest cryptocurrencies; it debuted in March of this year. It was founded by Bram Cohen, who also invented BitTorrent, and was designed to be a more energy-efficient crypto. It leverages the power of storage drives to farm crypto, rather than traditional GPU mining used by more mainstream cryptocurrencies like Bitcoin and Ethereum.
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