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Analysis of Bitcoin Pooled Mining Reward Systems

arXiv:1112.4980
Date: 2011-12-21
Author(s): Meni Rosenfeld

Link to Paper


Abstract
In this paper we describe the various scoring systems used to calculate rewards of participants in Bitcoin pooled mining, explain the problems each were designed to solve and analyze their respective advantages and disadvantages.

Bibliography
[1] c00w. bithopper: Python pool hopper proxy. http://bitcointalk.org/?topic=26866.
[2] forrestv. p2pool. https://bitcointalk.org/?topic=18313.0.
[3] Satoshi Nakamoto. Bitcoin p2p virtual currency. http://www.bitcoin.org/.
[4] Raulo. Optimal pool abuse strategy, 2011. http://bitcoin.atspace.com/poolcheating.pdf.
[5] slush. Bitcoin pooled mining. http://mining.bitcoin.cz/.
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Slush Pool ⛏: “The good folks at Square Crypto are supporting our initiative to establish a new, more decentralized, standard for Bitcoin mining with a development grant. If you want to contribute to Stratum V2 (Rust), get in touch!”

Slush Pool ⛏: “The good folks at Square Crypto are supporting our initiative to establish a new, more decentralized, standard for Bitcoin mining with a development grant. If you want to contribute to Stratum V2 (Rust), get in touch!” submitted by eragmus to Bitcoin [link] [comments]

AMA Bitcoin Mining / Stratum V2 — We are Braiins, the company behind Slush Pool and Stratum V2. We’re joined by Matt Corallo and Peter Todd. Ask us anything!

Hi Bitcoin! We are Jan Capek (u/janbraiins) and Pavel Moravec (u/p-m-o), co-founders of Braiins (the company behind Slush Pool & Braiins OS). We recently published the specification for Stratum V2 — a new mining protocol that improves the decentralization, security, and efficiency of Bitcoin mining.
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Ask us anything! We’ll try to begin answering questions on Thursday around 4pm CET (10am EST).
P.S. The V2 technical specification is currently available to the public for comments and general feedback.
submitted by SlushPool to Bitcoin [link] [comments]

Experts Discuss Stratum V2 and the Future of Bitcoin Mining [Matt Corallo / Peter Todd / Slush Pool CEOs]

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Would you like to hear a podcast with the Star Trek legend William Shatner and Slush Pool guys on the topic of #Bitcoin ⛏️mining? Like & RT to help them get his attention.

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Slush Pool Creators Improving Bitcoin Mining Security with New Software

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Slush Pool Creators Improving Bitcoin Mining Security with New Software

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Slush Pool Creators Improving Bitcoin Mining Security with New Software

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Slush Pool Creators Improving Bitcoin Mining Security with New Software

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Slush Pool Creators Improving Bitcoin Mining Security with New Software

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What's Halvening? Podcast & Slush Pool CEOs -- open-source initiative in Bitcoin mining

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Bitcoin & Co PODCAST: a non-technical look into btc mining, profitability and competition [Slush Pool CEOs]

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Get a Piece of Bitcoin History With Slush Pool!

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What's Halvening? Podcast & Slush Pool CEOs -- open-source initiative in Bitcoin mining

What's Halvening? Podcast & Slush Pool CEOs -- open-source initiative in Bitcoin mining submitted by SlushPool to slushpool [link] [comments]

Bitcoin & Co PODCAST: a non-technical look into btc mining, profitability and competition [Slush Pool CEOs]

Bitcoin & Co PODCAST: a non-technical look into btc mining, profitability and competition [Slush Pool CEOs] submitted by SlushPool to slushpool [link] [comments]

Experts Discuss Stratum V2 and the Future of Bitcoin Mining [Matt Corallo / Peter Todd / Slush Pool CEOs]

Experts Discuss Stratum V2 and the Future of Bitcoin Mining [Matt Corallo / Peter Todd / Slush Pool CEOs] submitted by SlushPool to slushpool [link] [comments]

Bitcoin halvening - mining is undergoing a major shift [Slush Pool CEO Jan Čapek]

Bitcoin halvening - mining is undergoing a major shift [Slush Pool CEO Jan Čapek] submitted by SlushPool to slushpool [link] [comments]

AMA Bitcoin Mining / Stratum V2 — We are Braiins, the company behind Slush Pool and Stratum V2. We’re joined by Matt Corallo and Peter Todd. Ask us anything!

submitted by SlushPool to slushpool [link] [comments]

AMA Bitcoin Mining / Stratum V2 — We are Braiins, the company behind Slush Pool and Stratum V2. We’re joined by Matt Corallo and Peter Todd. Ask us anything!

submitted by bhavik__kalathiya to u/bhavik__kalathiya [link] [comments]

AMA Bitcoin Mining / Stratum V2 — We are Braiins, the company behind Slush Pool and Stratum V2. We’re joined by Matt Corallo and Peter Todd. Ask us anything!

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