Bitcoin Forum
May 09, 2024, 09:51:05 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Is it possible to safely transfer "mined rights" ?  (Read 1318 times)
Megawatt (OP)
Newbie
*
Offline Offline

Activity: 17
Merit: 0


View Profile
April 06, 2011, 09:03:55 AM
 #1

Let's say that person A mined some bitcoins, so now all the payment fees for those bitcoins goes to him. Person B wants to buy from person A the right to receive those payment fees.
Is it possible to safely transfer "mined rights" from person A to person B?
1715291465
Hero Member
*
Offline Offline

Posts: 1715291465

View Profile Personal Message (Offline)

Ignore
1715291465
Reply with quote  #2

1715291465
Report to moderator
1715291465
Hero Member
*
Offline Offline

Posts: 1715291465

View Profile Personal Message (Offline)

Ignore
1715291465
Reply with quote  #2

1715291465
Report to moderator
"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715291465
Hero Member
*
Offline Offline

Posts: 1715291465

View Profile Personal Message (Offline)

Ignore
1715291465
Reply with quote  #2

1715291465
Report to moderator
1715291465
Hero Member
*
Offline Offline

Posts: 1715291465

View Profile Personal Message (Offline)

Ignore
1715291465
Reply with quote  #2

1715291465
Report to moderator
goatpig
Legendary
*
Offline Offline

Activity: 3668
Merit: 1347

Armory Developer


View Profile
April 06, 2011, 09:29:39 AM
 #2

That's kinda how pools work in paying their miners. If you don't want to set up such a system, I guess you could make an account for person B with his address to receive the rewards and run some of your mining power for it.

Pieter Wuille
Legendary
*
qt
Offline Offline

Activity: 1072
Merit: 1174


View Profile WWW
April 06, 2011, 09:47:13 AM
 #3

Let's say that person A mined some bitcoins, so now all the payment fees for those bitcoins goes to him. Person B wants to buy from person A the right to receive those payment fees.
Is it possible to safely transfer "mined rights" from person A to person B?

I think you're mixing some things up. When you mine a block, you decide which (outstanding) transactions to put in it. As a reward, you get 50 BTC + all fees from the transactions you put into that block. There is no such thing as "mined rights", and you don't get fees from transactions using the 50 BTC you received as reward; those go to whatever miner puts those in a block.

You can simply do a payment of 50 BTC + the fees you got from mining, to someone else.

I do Bitcoin stuff.
grue
Legendary
*
Offline Offline

Activity: 2058
Merit: 1431



View Profile
April 07, 2011, 11:12:23 PM
 #4

http://bitcointalk.org/index.php?topic=4309.0

It is pitch black. You are likely to be eaten by a grue.

Adblock for annoying signature ads | Enhanced Merit UI
Jaime Frontero
Full Member
***
Offline Offline

Activity: 126
Merit: 100


View Profile
April 09, 2011, 01:55:29 AM
 #5

oh christ.

here come the f**king bankers and their derivative/Enron/bubble scams...
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!