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Author Topic: Newly generated bitcoins?  (Read 1434 times)
Art3mis (OP)
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February 12, 2016, 01:22:27 PM
 #1

Hey,

Found this address. Seems to be getting fresh btc out of nowhere...

https://blockchain.info/address/1JVMpaWzLB1pnkwoQNqK4Z4EimQj5bCKj7

Why does this happen? Who owns the address? Unanswered questions...

Help the noobie? Tongue
achow101
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February 12, 2016, 01:35:50 PM
 #2

That would be a miner's address. Bitcoin miners get a mining reward of 25BTC plus some extra from the transaction fees.

Do some research on bitcoin and how it works behind the scenes, there is info about it everywhere on the internet.

Mickeyb
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February 12, 2016, 01:38:42 PM
 #3

The address you specified is one of tbhe address of Antpool.com, its getting the current 25 BTC reward for mining a block
zeaderza
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February 13, 2016, 07:46:05 PM
 #4

A new adress can have more bitcoin or few bitcoin.
A old adress does not mean it contains more Bitcoins..
pawel7777
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February 13, 2016, 08:41:16 PM
 #5

That would be a miner's address. Bitcoin miners get a mining reward of 25BTC plus some extra from the transaction fees.

Do some research on bitcoin and how it works behind the scenes, there is info about it everywhere on the internet.

Maybe he is doing research by asking question on relevant internet forum and in appropriate board for such questions.

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TofuLover
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February 14, 2016, 10:43:40 AM
 #6

my first time seeing No Inputs (Newly Generated Coins) on blockchain, i just think that all of bitcoin have already supplied before
Xexen4
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February 14, 2016, 10:46:59 AM
 #7

how may i learn some feedback for some addresses? can i track the addresses host? i mean mixer or any gambling site or a pool address?
JumperX
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February 14, 2016, 10:52:06 AM
 #8

my first time seeing No Inputs (Newly Generated Coins) on blockchain, i just think that all of bitcoin have already supplied before

not really, all mineable bitcoins is 21million in total and currently there are only 15.2million and the last bitcoin will be mined in the year 2140 (estimate)
Mickeyb
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February 14, 2016, 10:53:52 AM
 #9

how may i learn some feedback for some addresses? can i track the addresses host? i mean mixer or any gambling site or a pool address?
English  Roll Eyes . If you mean, tracking coins , you can use taint analysis. Mixers' have many different funded address, which is why its very hard to track them, so no you can't track individual mixer addresses' owners.
AncilVTwo
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February 14, 2016, 01:58:40 PM
 #10

Hey,

Found this address. Seems to be getting fresh btc out of nowhere...

https://blockchain.info/address/1JVMpaWzLB1pnkwoQNqK4Z4EimQj5bCKj7

Why does this happen? Who owns the address? Unanswered questions...

Help the noobie? Tongue
whenever a block is mined, the miner pool s awarded with a block of bitcoins. usually only the pools get this as it is really unlikely for a single miner to get this block.
Aamir1
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February 14, 2016, 04:37:25 PM
 #11

Hey,

Found this address. Seems to be getting fresh btc out of nowhere...

https://blockchain.info/address/1JVMpaWzLB1pnkwoQNqK4Z4EimQj5bCKj7

Why does this happen? Who owns the address? Unanswered questions...

Help the noobie? Tongue

I think it must be a address of a miner pool, or some solo mining.

Do some research on bitcoin and how it works behind the scenes, there is info about it everywhere on the internet.

Don't you think it's also a kind of research to ask on this forum? Isn't this forum about bitcoin too?
kotwica666
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February 14, 2016, 06:17:17 PM
 #12

Hey,

Found this address. Seems to be getting fresh btc out of nowhere...

https://blockchain.info/address/1JVMpaWzLB1pnkwoQNqK4Z4EimQj5bCKj7

Why does this happen? Who owns the address? Unanswered questions...

Help the noobie? Tongue


It is address of some miners/mining farm.
This video in a very accessible way explains how the whole process is working:
https://www.youtube.com/watch?v=GmOzih6I1zs

.
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achow101
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February 14, 2016, 07:37:53 PM
 #13

Do some research on bitcoin and how it works behind the scenes, there is info about it everywhere on the internet.

Don't you think it's also a kind of research to ask on this forum? Isn't this forum about bitcoin too?
It is a kind of research, but this is something that is well documented and there are many places to learn about it. You can find out just by googling it. To me, the forum is like a last resort, for when you actually can't find the answer to something, and usually that something is obscure or specific to certain cases. You shouldn't really be asking generic questions here, both because this is something that someone who puts in just a little bit of effort can find and because posting such threads invite spammers to repeat themselves for 50 pages.

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February 14, 2016, 07:49:10 PM
 #14

Do some research on bitcoin and how it works behind the scenes, there is info about it everywhere on the internet.

Don't you think it's also a kind of research to ask on this forum? Isn't this forum about bitcoin too?
It is a kind of research, but this is something that is well documented and there are many places to learn about it. You can find out just by googling it. To me, the forum is like a last resort, for when you actually can't find the answer to something, and usually that something is obscure or specific to certain cases. You shouldn't really be asking generic questions here, both because this is something that someone who puts in just a little bit of effort can find and because posting such threads invite spammers to repeat themselves for 50 pages.

I can agree with you on your 2nd point that posting such generic questions may give spammers a chance to show their ability of spamming, but maybe some people can't find some things by their own because they are really new to this thing (bitcoin) and that is why they ask those questions on the forum for getting some help finding more information about it.
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February 14, 2016, 07:51:14 PM
 #15

I can agree with you on your 2nd point that posting such generic questions may give spammers a chance to show their ability of spamming, but maybe some people can't find some things by their own because they are really new to this thing (bitcoin) and that is why they ask those questions on the forum for getting some help finding more information about it.
How hard is it for someone to google something? If you just google the title of this thread, the first several links will tell you the answer that you need.

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February 14, 2016, 08:09:08 PM
 #16

I can agree with you on your 2nd point that posting such generic questions may give spammers a chance to show their ability of spamming, but maybe some people can't find some things by their own because they are really new to this thing (bitcoin) and that is why they ask those questions on the forum for getting some help finding more information about it.
How hard is it for someone to google something? If you just google the title of this thread, the first several links will tell you the answer that you need.

Yeah it isn't so hard actually to find something in google, maybe OP is quite lazy doing that then.
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