Wäre natürlich cool die aktuell niedrigere Difficulty noch mitzunehmen aber die Zahlungen von den Teilnehmern sollten m. E. schon da sein bzw. zumindest angestoßen sein. Ist wirklich super dass willi9974 das hier alles so toll organisiert. Die nächste Änderung wäre laut bitrawr.com in ca. 2 Tagen und 2 Stunden 2 Stunden und 20 Minuten mit einer Schwierigkeit von ca. 14,2T (+4%%).

https://www.bitrawr.com/difficulty-estimator

Wäre jetzt auch nicht sooo viel höher.

Ich würde dieses Mal auch einen Teil beisteuern. Wir finden einen Block!

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Groupbuy Wallet: 3KWE8HcunSfvfNBy3CdXZdQ2HyvierBxeT
Rückgabe Wallet: 1GpXvvv2Coa9cjisXwaRXim92H3564a4M8
Dein Einsatz: 0.01
Dein TX: 901ffad21a0d3ed0a114323e9e78bd2e4b366387ce6cc3cbe8f1339990b4c642
Voting-Kommentar: 20
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All ist takes is a hash and a share

Coole Aktion die ihr hier durchzieht, echt spannend zuzuschaeun bzw. mitzulesen!

Kann sich denn jeder an der Party beteiligen, wenn man einen Anteil an die Adresse transferiert?

Viel Glück und einen saftigen Block wünsche ich euch!

Thank you for detailed information @ wavelengthsf and kano

User „wavelengthsf“ said he found a block on the testnet. Isn‘t this enought to confirm that the Apollo can find a block?

As kano said, these information of specific gear you will find in the forum, sorted by each type of gear. The book above is more about how the principals of minig work, to get a better understanding of what the gear is doing related to the bitcoin network.

„Mastering Bitcoin“ is another book which looks very interesting:

https://github.com/bitcoinbook/bitcoinbook/tree/6486a74a8603eeb9f82f75184a253498a97b8d79

You can read all chapters on github or get the printed version.

If a miner finds a block, there is a block reward of actual 6,25 „new“ bitcoin plus the amount of transaction fees of valid transactions included in the block. Mining is not only acquiring new bitcoin. There will always be transaction fees and there will always be mining to manage transactions. Even if the reward of new bitcoin will be gone at some point the block reward will always contain the transaction fees.

You are totally right about that what probably was in Satoshis mind. At least it is the way i think about it at its current state given the actual block size / transactions per second.

In my opinion it is very unlikely that we will ever have a global digital cash completely unregulated from major governments. I think it is more likely we could see a substantially transparent financial system build on bitcoin rather than „only“ bitcoin itself.

But we will see where bitcoin is heading. Core updates can and most likely will be implemented in the future which could drive BTC in any direction.

I think you should see bitcoin as something like digital gold where the value of things should be measured with, not as a form of cash for daily payments at the supermarket. It is not designed for a purpose like this.

Thanks for the links. The interesting part continues with „testing the miner results when finding blocks“. Will look up more about that before asking around.

@kano: thanks for clarify. Im not a programmer but the direction is clear

Thanks for the quick reply. Much respect for your content by the way. Just scratching the surface…

… the large numbers in terms of what? Mini-miners/-worker pointed to the pool? Submitted „mini-shares“? Or the total network difficulty itself?

Hello guys! First of all i’m new here just reading some of your interesting discussions and trying to learn a bit more about bitcoin mining…

So i’m asking, even if it may be possible to theoretically solve a block with some small miner like a newpac usb, is small gear like that capable of solving a block in technical terms? As far as i understand you need to get an accepted share having a difficulty higher than the network difficulty to succsesfully solve a block. Is small gear like a newpac with approximately 100 gh/s capable of getting a valid share with that kind of difficulty? Does it have enough „power“ even it is very very unlikely?