Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: Mapminer on May 27, 2017, 10:12:02 AM



Title: Im new, so mayby it a dumb question ?
Post by: Mapminer on May 27, 2017, 10:12:02 AM
If i find a Block, does it meen anything ?

Cant see any diffrence, so i was just wundering. ???


Title: Re: Im new, so mayby it a dumb question ?
Post by: gt_addict on May 27, 2017, 11:42:03 AM
If youre part of a pool then you will get your share of it based on your hashrate on the pool. If you are solo mining then you get the whole block to yourself.


Title: Re: Im new, so mayby it a dumb question ?
Post by: FlamingFingers on May 27, 2017, 11:50:00 AM
As said above, if you are mining with others in a pool, and you potentially found a block, its reward, which is 12.5BTC at the moment, will be shared depending on your hashrates. If you were lucky enough to mine a block solely, you will get the 12.5BTC all for yourself.  :D


Title: Re: Im new, so mayby it a dumb question ?
Post by: Mapminer on May 27, 2017, 12:38:44 PM
ok thx  :)


Title: Re: Im new, so mayby it a dumb question ?
Post by: philipma1957 on May 27, 2017, 12:52:04 PM
ok thx  :)

if you mine at mmpool.org and hit a block  you keep the tx fees.


which are as high as 2 to 4 coins

http://mmpool.org/statistics


Title: Re: Im new, so mayby it a dumb question ?
Post by: QuintLeo on May 27, 2017, 10:51:55 PM
Many pools offer you SOME SORT of "bonus" if you are the actual finder of a block - but the details vary, and it's not universal.

 Transaction fees on Bitcoin have gotten to the point of giving a pretty fair percentage of the block reward on an "average" block - I think I saw a figure posted somewhere of "19%" or close to that a few days back - so the folks worrying about block rewards halfings making mining unprofitable have a lot less to worry about.


 On the other hand, the recent wide agreement about "impliment Segwit, and 2MB blocks in the next 6 months" that came out of Concensus might make things interesting - *IF* it actually gets adhered to this time, the last such agreement never got implimented.