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Author Topic: SPV Mining and how to slow it down ... if you care to ...  (Read 12791 times)
philipma1957
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March 18, 2016, 09:52:29 PM
 #121

Oh you just woke up after falling asleep in your chair for a few weeks and decided to post some random tripe?

Firstly, hmm I wonder why F2Pool has way fewer empty blocks lately?

Secondly, yeah I know time moves on and you forget what was posted before ...
I'll repeat the comment: Read the topic title!
Most of your post clearly missed what the topic title says.

... and lastly something that happened in the meantime ...

Antpool's empty block count capacity was in the order of the size of the mempool build up recently that was delaying transactions.
So, if you ever have a complaint about slow transactions, I can tell you where to go Smiley ... talk to Bitmain Smiley
Block capacity is still big enough to cover transactions, except that certain pools are still sending out lots of empty blocks that ignore the transactions that are waiting to be confirmed.
My pool's average txn fees gained over the last 11 weeks, 250 blocks, is 101.2% i.e. 1.2% extra due to transactions.
After the halving that would be 2.4% ... yeah takes a little primary grade maths to work out what that means ... though that's probably above the level of an arm chair economist with a point and click web degree Tongue

Meanwhile, Bitcoin is continuing on as usual. It's still working.
Yes I know you want Bitcoin to fail, but no it wont.


I see it staying alive at least as long as 2021 more likely 2028.

that would mean 3.0625 coin sized blocks in 2021  and 0.3828125 sized blocks in 2028


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kano (OP)
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March 18, 2016, 10:35:04 PM
 #122

Antpool's empty block count capacity was in the order of the size of the mempool build up recently that was delaying transactions.
So, if you ever have a complaint about slow transactions, I can tell you where to go Smiley ... talk to Bitmain Smiley
I don't think you understand how mining works. The blocks that are empty because the pools are still processing which transactions were included in the previous block would not have been found period if the pools had waited to validate which transactions were included in the previous block and to change which transactions were to be included in their next block....
I don't think you understand that I run what is provably one of the best pools on the bitcoin network (along with -ck's solo pool) and I'm the 2nd most prolific developer of cgminer code.
I think I DO understand how mining works Cheesy

Those pools with empty blocks are using the excuse that their pool code and bitcoin code is too slow to wait for validation.
Yet our pool code doesn't do that and indeed does faster block changes than all non-SPV pools.
That would also directly imply that waiting for that validation would mean more orphans.
Yet our pools have less orphans than any of the EMPTY block and SPV mining pools.
Go figure Smiley

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
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