Node Blockchain identified bitcoin mining's positives ...

Bitcoin Mining Forums: Turning Computers Into Cash Since 2011

The official bitcoin mining forum / subreddit / chat room / place to be!
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Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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Bitcoin - The Internet of Money

/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin and cryptocurrency leaders. Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more.
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What are the public bitcoin Node-IPs for the 10 largest mining pools.

I'd like to directly add the 10 major bitcoin mining pools public Node-IPs to my bitcoin peer list. Does anyone have a list of IP:port for the major miners?
I would think this would be plastered on their front page.
submitted by brianddk to Bitcoin [link] [comments]

Solo Mining Bitcoin Node

I have a Gekko NewPac USB miner that I bought for fun while getting started. Overclocked, I average around 50 Gh/s.
The machine it’s connected to has a full Bitcoin Node on it. I’ve enabled the wallet, and would like to point my Gekko miner at the node via cgminer for solo mining, just as a lottery. I know the odds.
I’ve tried following several guides, but they are all fairly old. Is this still possible? And if so, can anybody help me with the bitcoin.conf file?
submitted by travelsandtrivia to BitcoinBeginners [link] [comments]

I finally finished an altcoin with working mining, wallet etc. However when I tried to run a main node on AWS I could not for the life of me get my local client to connect. (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

It’s proven beyond doubt now that Bitcoin is not a gold-like hedge, but a high risk asset class that’s first in line to be sold even before normal stocks. The “store of value” side is now completely debunked in addition to the “everyone needs to run a non-mining full node” side.

It’s proven beyond doubt now that Bitcoin is not a gold-like hedge, but a high risk asset class that’s first in line to be sold even before normal stocks. The “store of value” side is now completely debunked in addition to the “everyone needs to run a non-mining full node” side. submitted by MemoryDealers to btc [link] [comments]

70% of Bitcoin's high value transactions are gambling services, 15% are mining pools or exchange services, and 7% of antonymous systems contain a single node

70% of Bitcoin's high value transactions are gambling services, 15% are mining pools or exchange services, and 7% of antonymous systems contain a single node submitted by 001235 to science [link] [comments]

08-21 10:34 - 'I finally finished an altcoin with working mining, wallet etc. However when I tried to run a main node on AWS I could not for the life of me get my local client to connect.' (self.Bitcoin) by /u/AthP2121 removed from /r/Bitcoin within 67-77min

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I opened all ports on AWS, put in the DNS and public address under “addnode” yet still nothing. Is this a common issue with AWS?
(Please let me know if you want any more details on the project)
'''
I finally finished an altcoin with working mining, wallet etc. However when I tried to run a main node on AWS I could not for the life of me get my local client to connect.
Go1dfish undelete link
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Author: AthP2121
submitted by removalbot to removalbot [link] [comments]

Travis Bott Matthew Grimmer and Gregory "Tuffy" Baum of Well-Beyond Wealth of DOJ $722M Ponzi scheme pitching bitcoin mining with Velocity Node

Travis Bott Matthew Grimmer and Gregory "Tuffy" Baum of Well-Beyond Wealth of DOJ $722M Ponzi scheme funneled $100+ from BitClub to Investview, Kuvera, WestMYN, Onyx Lifestyle, Dunnamis, Ryze AI are now pitching bitcoin mining from Well-Beyond Wealth with Velocity Node.
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VELOCITY NODE - MAKE MONEY WHILE SLEEPING? THAT'S A BETTER DA
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Copyright © 2020 Beyond Wealth
submitted by travisbottbitclub to u/travisbottbitclub [link] [comments]

What are the public bitcoin Node-IPs for the 10 largest mining pools. (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

GPU acceleration of full nodes like Bitcoin Core? (NOT mining) - 2

from: https://www.reddit.com/Bitcoin/comments/csq7n8/gpu_acceleration_of_full_nodes_like_bitcoin_core/
" Hi all – Do you think Bitcoin Core and other full node implementations might benefit from GPU acceleration?
Note that I don't mean mining – I mean pure node operations, validation, etc."
Hello I consider it a very actual requirement since there is new hardware that allows "low cost" GPUs. I am using jetson nano for a full node but the resynchronization time takes a lot and it seems like CPU limit.
https://i.imgur.com/VJihjko.png
:D
submitted by atavaneitor to Bitcoin [link] [comments]

Only need a few more upgraded Bitcoin cash mining nodes and the IFP be officially removed! Avoid the chainsplit and run Bitcoin cash node! ABC IFP nodes are dangerous, upgrade to bitcoin cash node https://bitcoincashnode.org/

https://bitcoincashnode.org/
https://cash.coin.dance/blocks/summary
submitted by Terrible-Chipmunk to btc [link] [comments]

"We are actually working with Bitcoin Verde to validate the mining code in BCHD. It will be a mining node soon." - Josh Ellithorpe

submitted by CollinEnstad to btc [link] [comments]

04-25 13:25 - 'China controls 66% of the bitcoin hash power while the Nano network is more evenly distributed because it doesn't use mining and the nodes are cheap to run. Seems like the bitcoin network is more prone to "corruption".' by /u/IAmMiguelChanel removed from /r/Bitcoin within 255-265min

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China controls 66% of the bitcoin hash power while the Nano network is more evenly distributed because it doesn't use mining and the nodes are cheap to run. Seems like the bitcoin network is more prone to "corruption".
'''
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submitted by removalbot to removalbot [link] [comments]

Bitcoin.com pool mines first block supporting Bitcoin Cash Node: /pool.bitcoin.com/use BCHN/

Bitcoin Cash block #625184 , mined by pool.bitcoin.com, contains the message /use BCHN/.
Would be interesting to hear if the pool is already running Bitcoin Cash Node - it does give the strong impression!
submitted by LovelyDay to btc [link] [comments]

Bitcoin Cash IFP Debate: ABC Kicks Off Fundraiser, 3 Mining Pools Signal BCHN Support. Currently, the Bitcoin Cash Node project has 41 public nodes and three public mining pools have been signaling support for the new full node.

Bitcoin Cash IFP Debate: ABC Kicks Off Fundraiser, 3 Mining Pools Signal BCHN Support. Currently, the Bitcoin Cash Node project has 41 public nodes and three public mining pools have been signaling support for the new full node. submitted by gengyanisme3e to Bitcoincash [link] [comments]

Squire Mining announces testing of Bitcoin SV node - Coingeek Article

Squire Mining announces testing of Bitcoin SV node - Coingeek Article submitted by hollowdef to bitcoincashSV [link] [comments]

Bitcoin SV (BSV) becomes the first cryptocurrency to have CP stored on the blockchain. Actual CP, not just links. This means that anyone who runs a BSV full node or mining node has CP on their computer.

https://www.thenextweb.com/hardfork/2019/02/04/bitcoinsv-blockchain-child-abuse-imagery/
submitted by normal_rc to Buttcoin [link] [comments]

Bitcoin.com pool mines first block supporting Bitcoin Cash Node: /pool.bitcoin.com/use BCHN/

submitted by CityBusDriverBitcoin to bitcoincashSV [link] [comments]

Nodes vs. Mining - Is bitcoin still resilient today?

Hi bitcoin folks,
I have been reading a lot about bitcoin and still haven't got the answer to one question in my head: could bitcoin today not already be very easily destroyed by an authoritarian government taking control over few mining farms?
Let me give you my underlying understanding of bitcoin fundamentals first (and let you verify whether these are correct):
- In the original bitcoin concept by Santoshi, nodes are all be mining; decentralized mining + PoWs are a fundamental source of resilience for the bitcoin design overall (no single player controlling enough of the bitcoin system overall to impair it)
- today, because of the increased difficulty of mining, nodes usually don't mine anymore, but this is done by big mining farms with specialized hardware such as ASICs.
- some of the mining farms have massive combined power, and the biggest mining pools are concentrated (as predicted by Santoshi) in some areas where electricity is cheap to obtain; these areas of concentration happen to be also geographically in tightly politically controlled areas, i.e. china, russia. most people believe that the governments in these areas would have no difficulty forcing any company, individual or institution to follow their orders. hence, the miners or mining pool operators sitting in these geographies would obey such orders if pushed this direction by a secret service, government institution, etc.
- it is already seen that the combined mining power exceeds 50% of the total capacity in china (although not in one mining pool, multiple mining pools operating out of china are believed to have that power). without that capacity, there are no new blocks, and no transactions possible on the bitcoin network.
- miners themselves would not have an interest in destroying bitcoin (e.g. by 51% attack), as they have massively invested in it, as Santoshi has foreseen. but a government or government agency would already be able to take this influence over large pools and their miners at any point in time, and may have an interest in destroying or impairing bitcoin. effectively this means, mining power is centrally controllable easily for them (even if not controlled today)?
- it is highly unlikely that the unbalanced mining power distribution (with few very powerful mining players possessing the hardware) will ever reverse, since ASICs have emerged and such massive combined computing power is out there; while the bitcoin design still allows computing with ordinary desktop computers (block size and resulting memory etc. needs were designed that way), the difficulty is already so high that nobody does it anymore
My question is:
How would regular bitcoin nodes - such as nodes run on people's own, single machines - have any chance to maintain resilience of the network then as designed by Santoshi? Specifically: how is abuse of the centrally controlled mining power at all avoidable in today's reality, e.g. aiming at destabilizing or destroying the bitcoin system?
I would understand the future of bitcoin is basically already in the hands of those who could - if they wanted - take control over the majority of the mining hardware out there for it.
I am curious to hear your thoughts about this.
-- syd
submitted by sydrooz to Bitcoin [link] [comments]

GPU acceleration of full nodes like Bitcoin Core? (NOT mining)

Hi all – Do you think Bitcoin Core and other full node implementations might benefit from GPU acceleration?
Note that I don't mean mining – I mean pure node operations, validation, etc.
By GPU acceleration I mostly mean the use of APIs like OpenCL, DirectX / DirectMath, CUDA, and Apple's Metal. Some of the work currently done by the CPU would be offloaded to the GPU, probably using one of those APIs.
I've read different accounts of how much a full node taxes a CPU, from barely at all to major CPU usage. I guess GPU acceleration would make the most sense if CPU usage was sometimes a problem, and if some part of a full node's computational work could actually be performed by a GPU. And there's where I just don't know enough to know the answer, hence my question today.
Because it's not mining, I think even integrated GPUs like Intel's or the ones that come with Raspberry Pi Arm SOCs could be helpful, if GPUs would be helpful at all. Intel has some great open source drivers for things like OpenCL, and it might be fun to mess around with them.
Thanks for your thoughts.
submitted by Solar111 to Bitcoin [link] [comments]

Bitcoin mining pool, Antpool miner, produces an invalid Bitcoin block corroborated by 8 nodes

Bitcoin mining pool, Antpool miner, produces an invalid Bitcoin block corroborated by 8 nodes submitted by castorfromtheva to Bitcoin [link] [comments]

Unbelievable! This guy introduced Bitcoin’s biggest bug to-date & is part of the Bitcoin Core team who’s narrative to BTC supporters for years was small non-mining nodes are important for BTC security. Now he finally admits it was a lie all along!

Unbelievable! This guy introduced Bitcoin’s biggest bug to-date & is part of the Bitcoin Core team who’s narrative to BTC supporters for years was small non-mining nodes are important for BTC security. Now he finally admits it was a lie all along! submitted by Egon_1 to btc [link] [comments]

11-03 17:13 - 'Elastos is more than a blockchain. It merged mining with bitcoin. It have DPOS system and P2P nodes. Elastos solved ethereum and NEO’s scalibility issue with sidechain. Read about it' by /u/Atiilaa removed from /r/Bitcoin within 177-187min

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Elastos is more than a blockchain. It merged mining with bitcoin. It have DPOS system and P2P nodes. Elastos solved ethereum and NEO’s scalibility issue with sidechain. Read about it
'''
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Author: Atiilaa
submitted by removalbot to removalbot [link] [comments]

Bitcoin Q&A: Full node and home network security Installing A Bitcoin Core Full Node - Cryptocurrencies and ... What is a Bitcoin Node? - Step by Step Explanation - YouTube p2pool node setup with merged mining How to mine bitcoins (solo mining) with the core client ...

Each node (bitcoin client) has been programmed to follow a set of rules. By following these rules a node is able to check the transactions it receives and only relay them if everything is cool. If there are any problems, the transaction isn’t passed on. Running a Bitcoin full node comes with certain costs and can expose you to certain risks. This section will explain those costs and risks so you can decide whether you’re able to help the network. Special Cases. Miners, businesses, and privacy-conscious users rely on particular behavior from the full nodes they use, so they will often run ... Node Blockchain identified bitcoin mining's positives It seems to be a common knowledge that the bitcoin mining should be dismissed for being wasteful and bad for the environment. But is fair? Less than a week ago, Node Blockchain published a study on this problem, arguing with the critics and highlighting some positives of this process. Running a full node is the only way you can use Bitcoin in a trustless way. You will know for sure that all the rules of Bitcoin are being followed, for example that no bitcoins are spent not belonging to the owner, that no coins were spent twice, that no inflation happens outside of the schedule and that all the rules needed to make the system ... Running a node is different than mining Bitcoin, which involves running special software that works to solve or complete new blocks on the network, releasing a certain number of Bitcoin to those computers responsible for adding a block to the blockchain. While mining Bitcoin has become quite resource-intensive and much of the mining work is ...

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Bitcoin Q&A: Full node and home network security

Bitcoin Q&A: What is the role of nodes? - Duration: 8:17. aantonop 41,449 views. 8:17 🔴Cryptocurrency Ethereum: Crypto ETH Giveaway🔴#crypto #eth #btc Ethereum 2.0 2,721 watching. He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters. How to Setup and Run a Litecoin Node! Works for Bitcoin and Ethereum too - Duration: 7:38 ... Video Tutorial How to make your own bitcoin litecoin dogecoin mining pool 1/3-wallet ... In this video we are going to learn how to build bitcoin from source and run it on linux. We are using Ubuntu 16.04 for this tutorial but you can use your favourite flavour of linux. https ... Learn how to Setup and Run a Litecoin Node! Works for Bitcoin and Ethereum too Litecoin Charts ... Looking to earn coins cloud mining? Sign up to Genesis Mining now. https://www.genesis-mining.com ...

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