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Author Topic: is there any way to confirm our transactions on personal laptop?  (Read 315 times)
BitcoinReseller (OP)
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August 25, 2017, 09:00:25 PM
 #1

is there any tool as like miner to confirm our personal transactions using our laptops/ pc machines ?

i mean like micro mining, only for some transactions we want to be confirmed.

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jayhawk1
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September 14, 2017, 10:27:30 AM
 #2

is there any tool as like miner to confirm our personal transactions using our laptops/ pc machines ?

i mean like micro mining, only for some transactions we want to be confirmed.
Provided you are not deciding to mine there is no way its going to work, only miners can confirm transactions on the network after solving complex algorithms and even if it does work there are chances your transaction would not be in your mining block.
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September 14, 2017, 10:30:44 AM
 #3

is there any tool as like miner to confirm our personal transactions using our laptops/ pc machines ?

i mean like micro mining, only for some transactions we want to be confirmed.

The answer is simple and it is no. There is no way you can confirm your own transaction. If you have a strong miner still you still have one in a billion chance to mine your own transaction. The chances is very low that it can occur rarely, it if happens then you are very lucky. But let us be realistic here, the answer is no.

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zergenyt09
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September 14, 2017, 01:24:59 PM
 #4

is there any tool as like miner to confirm our personal transactions using our laptops/ pc machines ?

i mean like micro mining, only for some transactions we want to be confirmed.
You can only do that if you are willing to start using your laptop as a miner, which isn’t profitable, at the end you end up making little cash and there are many possibilities that you would not be able to confirm your own transactions yourself.
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September 14, 2017, 01:31:16 PM
Last edit: September 14, 2017, 01:46:34 PM by mocacinno
 #5

is there any tool as like miner to confirm our personal transactions using our laptops/ pc machines ?

i mean like micro mining, only for some transactions we want to be confirmed.
You can only do that if you are willing to start using your laptop as a miner, which isn’t profitable, at the end you end up making little cash and there are many possibilities that you would not be able to confirm your own transactions yourself.

no.... no.... no....

To explain it in a simplified way:

Mining = collecting transactions from the mempool (unconfirmed transactions) validating them and putting together a block. A miner then has to generate a merkle root from all these transactions (including the coinbase transaction,  at the moment paying 12.5 BTC + fees to the miner), then adds the header of the previous block in the blockchain and a random number*.
He then generates a sha256 hash of the sha256 hash of this header. If the result is lower than the current diff, he is allowed to broadcast his block. If the hash is bigger than the diff, he has to change the random number and re-hash. If a new block is found by another miner and broadcasted to the network, the miner has to remove all transactions from this new block from his own mempool and create a brand new block using new unconfirmed transactions and a new previous block header.

A normal computer hashes at a very maximum of 66 Mh/s (https://en.bitcoin.it/wiki/Non-specialized_hardware_comparison#Intel).
At current diff, it would take a normal computer ON AVERAGE ~655269908 days to find a block!

This equals ~1.8 million years IF the diff does not rise.

https://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=0.07&p=2600.00&pc=0.10&pf=0.00&d=922724699725.96300000&r=12.50000000&er=3544.92410000&hc=0.00

So, long story short => there is no way you can use your computer as a miner, you will not make any cash if you do... You either find a block header whose hash is lower than the current network diff (in which case you can add a complete new block to the blockchain) or you don't find such a header (in which case you have to restart without any of your transactions being included in the blockchain. You get no reward for this). However, using your computer the odds of finding such a header in one day or less are 1.5e-9, compared to this, the odds of winning the lottery (Mega Millions or the Powerbal) are about 4 times higher, it's cheaper to buy a ticket, and IF you win, you're rich beyond your wildest dreams (if you mine a block, you get ~13 BTC, worth $30k-$40k)

* i simplified the header a little bit, there is actually more data that goes into a header... For more information, you can read: https://bitcoin.org/en/developer-reference#headers

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hatshepsut93
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September 14, 2017, 01:43:02 PM
 #6

is there any tool as like miner to confirm our personal transactions using our laptops/ pc machines ?

i mean like micro mining, only for some transactions we want to be confirmed.

I think you don't understand the basics of Bitcoin, transactions are confirmed (confirmed means included in a block)  by a third party - miners, to avoid double spending. This is the reason why transactions are trusted - someone has put a lot of electricity and other resources into them. If there was some other way to prevent double spending, we wouldn't need miners, blocks and we might have had zero fees, but so far no one had solved this problem yet.
LuffyD.Monkey
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September 14, 2017, 02:22:44 PM
 #7

is there any tool as like miner to confirm our personal transactions using our laptops/ pc machines ?

i mean like micro mining, only for some transactions we want to be confirmed.
Using your laptop to mine for bitcoin I would say is madness, because you ought to know that laptops are only 0.99% efficient in mining money and at the end of the day, you get to lose everything in which you have invested in mining, time and energy.
KEPLER99
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September 15, 2017, 06:15:29 AM
 #8

is there any tool as like miner to confirm our personal transactions using our laptops/ pc machines ?

i mean like micro mining, only for some transactions we want to be confirmed.
No and yes, no because if there was a way then there would be no reason for anybody to keep mining as a way of earning money since there would be little transactions to confirm and yes if you probably want to try it for fun but it might not work anyway.
FDC1412
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September 15, 2017, 06:26:47 AM
 #9

nope. since you are mining and trying to generate your own money from your personal hardware, the cloud system and algorithm is still very complex to understand and to follow your transaction as time goes by is still another problem. you cannot even monitor whenever you are going to be approved if such transaction if you are in a cloud mining.

whitemacna
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February 14, 2018, 12:50:26 PM
 #10

you can only do that if you are willing to start using your laptop as a miner, which isn’t profitable, at the end you end up making little cash and there are many possibilities that you would not be able to confirm your own transactions yourself.Provided you are not deciding to mine there is no way its going to work, only miners can confirm transactions on the network after solving complex algorithms and even if it does work there are chances your transaction would not be in your mining block.
mocacinno
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February 15, 2018, 02:51:46 PM
 #11

you can only do that if you are willing to start using your laptop as a miner, which isn’t profitable, at the end you end up making little cash and there are many possibilities that you would not be able to confirm your own transactions yourself.Provided you are not deciding to mine there is no way its going to work, only miners can confirm transactions on the network after solving complex algorithms and even if it does work there are chances your transaction would not be in your mining block.


next to necro-posting, did you bother to read the other posts in this topic? There were only 10 of them, including mine... My answer was only 5 posts higher, and it clearly disproved the fact that you can confirm your own transactions using a laptop...
You're currently a member, this means you've passed the stage of newbie and junior member. People do expect a basic amount of knowledge from your posts...

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February 15, 2018, 02:59:00 PM
 #12

Even if it was possible, it would have been a bad idea. I think Satoshi did this on purpose to prevent people from only mining

their own Blocks and not others. The Block reward is a further incentive for people to "process" other people's transactions

and not just their own. Selective mining would complicate the whole system. Imagine if all miners could disregard all other

people's tx's and only mine their friends and their own transactions.  Roll Eyes  {This is very over simplified.}

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February 15, 2018, 03:03:17 PM
 #13

I think There is no way, you can confirm your own transaction. If you have a strong miner still you still have one in a billion chance to mine your own transaction. The chances is very low that it can occur rarely, it if happens then you are very lucky. But let us be realistic here,Provided you are not deciding to mine there is no way its going to work, only miners can confirm transactions on the network after solving complex algorithms and even if it does work there are chances your transaction would not be in your mining block.So it not possible!!. Angry Angry
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February 15, 2018, 03:07:38 PM
 #14

There will be no way to confirm the transaction. If that happens, many countries in the world have not blocked bitcoins. Most of the reason that all governments around the world block the bitcoin is their anonymity.
Governments can not check deals and that has made them lose control in their own country.

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