Questions tagged [mining-reward]
The monetary incentive for mining, especially how block rewards are generated, claimed, and composed. For questions specific to coin generation transactions (coinbase transactions) use the tag Coinbase-Transaction. For questions about the block reward halving, use the tag reward-schedule.
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Bitcoin Mining Pools Centralization
I read a couple of articles and watched some YouTube videos, but couldn't find a super convincing argument for why centralized mining pools are not a huge issue. I get that from a Game Theory ...
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Sum of block values not zero?
Take for e.g. block 163440. The amount paid out in the coinbase transaction is not reward+fees. Does the network not require blocks to have a sum of zero for all transactions + block reward? ...
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Which RPC method is used to mine bitcoin?
Which of the following RPC methods is used to mine bitcoin and receive its reward?
generateblock
submitblock
submitheader
What is the difference between these methods?
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Does the miner determine the amount of coinbase transactions manually?
When the miners try to extract the block with the submitblock method, do they determine the amount(value) of coinbase by themselves?
Or does the network automatically give them some amount as a reward?...
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Mining Bitcoin with scrypt, what will happen.. i
What will happen if we mine bitcoin with scrypt algorithm... I tried with it by connecting to a bitcoin pool, with cgminer and it shows new block detected messages..
And what will happen if, I mine ...
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Mining- New Supply of Bitcoin
Is new supply of bitcoin only brought about due to miners selling their mined bitcoins or does the mining process distribute bitcoin back into the system in addition to the miners reward/transaction ...
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How to calculate BTC mining revard based on hashrate and historical data
I have a problem with calculations on the topic of cryptocurrency BTC, to be precise:
manually calculate the estimated reward for mining.
manually calculate the estimated energy consumption.
For ...
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Transaction blocks vs bitcoins
Sorry if this question is too basic or if it has somehow been answered before...
My understanding is that any type of Bitcoin block must be first mined, which applies to transaction confirmations, for ...
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How can an attacker change the address to receive someone's reward
At the end of my lecture, my lecturer asked a question that we never had time to cover:
A miner creates a block A, which contains address b, on which they want to receive their rewards. An attacker ...
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Where are rewards sent when using `bitcoind submitblock N`?
Where are the rewards sent when using the submitblock function in the case the block is okay?
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Why is randomness needed in Proof-of-Work?
In Proof-of-Work (PoW) mining, a miner that contributes 10% of the network hash rate will on average receive 10% of the mining rewards. "On average" means that 10% of blocks are mined by ...
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How is crypto Mining actually validating the block?
As far as I understand in crypto-mining you are trying to find the nonce such that the hash starts with some amount of zero's. I do not understand how this nonce is used to actually validate anything.
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How are transaction fees split in the network?
How are transaction fees split in the network, do all the transaction fees go directly to the miner or is there any kind of percentage of fee allocation to peers/validators for relaying transactions ...
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How do transaction verification and adding a block to the blockchain fit together?
I have the below questions:
How is a transaction added to a block?
Do miners get a reward for adding a transaction to a block?
How is that block then added to the blockchain?
If everyone (miners) are ...
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What are the incentives behind mining different coins (i.e., profit-switching)?
Consider for example BTC and BCH (and possibly BSV) that are coins with significant market capitalization and share the same algorithm (SHA-256). We observe:
(i) Large miners (or mining pools) divide ...