Today, I would like to explain how does my Worker Management feature work. Spil you may have seen from the movie, Worker Management is designed to bring about the ease of use when maintaining a large scale of workers. With this feature, having a large quantity of workers connected will not inconvenience you, the user, ter any way. On the contrary, it will help to keep your workers well-arranged, so you always know which one is doing what.
What is a worker and what is a miner? A miner is your mining device. When connecting to Slush Pool, your miner will be connected to a worker. So why should you have more than just one worker? Very first, it divides the job inbetween your miners, providing you a more granular control overheen them. 2nd, it helps you to maintain an overview about the spectacle of your individual mining machines, if you set up one miner — one worker.
What are the advantages of Worker Management?
Spil this system is designed with hundreds or even thousands of workers ter mind, mostly the big miners will benefit from this. When connecting miners, the system will connect them to a worker, based on the login used. This will toebijten even if the worker does not exist, the system will automatically create one.
Chic from miner setup, everything else is automatic. there is no necessary user-input beyond coming in the worker name ter the login, making it effortless for you to just plug-and-play. This feature is especially helpful for large-scale operations, where additionally setting up thousands of workers by hand would consume precious labor time.
But the neat worker overview and its features help our puny miners spil well. With the auto-worker feature, you, the miner, can surplus assured that even without naming the miner at login, it will proceed to mine on your account (by logging te with just the userID and without the workerName). No Hash Rate is everzwijn wasted. This maintains the ease of use, ter case you do not want to distinguish inbetween miners — zero-work maintenance.
Now, let’s take a detailed look at some of the Worker Management’s advanced features!
Names are straightforward to use. You can name your worker so you can identify it lightly, (names are set up at login). But labels can help you further differentiate inbetween the workers. Say, you have mining equipments set up all around the world. If you separate them by location and label them accordingly, you can track their uptime based on geolocation.
For example, if 50 of your workers went all of a sudden offline, by analyzing their labels, you can see where it happened. If it all happened ter one location, you may assume it’s a location punt, not a worker kwestie. This makes your maintenance task a lotsbestemming simpler!
With filters, your overview gets clearer. You can determine which group of workers to see, by their labels, or by their hashrate. Check those which are working, underperforming, or not submitting any shares! Attempt filtering inbetween workers and you will see how much quicker the task has just become.
You can also set up monitoring for each worker separately, should you choose so. By clicking on a worker name, you inject individual setup, where you can adjust the options to your liking. Or, you could make your life lighter, and select numerous workers to configure an entire group with the same settings.
Welcome to the future of mining!
By clapping more or less, you can signal to us which stories truly stand out.
World’s very first #bitcoin #mining pool with more than 1 000 000 BTC mined so far. Securing #Blockchain since 2010.
Slush Pool Stories
Stories of Slush Pool — the very first bitcoin mining pool te the world
Bitcoin mining pools are a way for Bitcoin miners to pool their resources together and share their hashing power while splitting the prize identically according to the amount of shares they contributed to solving a block.
A “share” is awarded to members of the Bitcoin mining pool who present a valid proof of work that their Bitcoin miner solved. Bitcoin mining ter pools began when the difficulty for mining enhanced to the point where it could take years for slower miners to generate a block.
The solution to this problem wasgoed for miners to pool their resources so they could generate blocks quicker and therefore receive a portion of the Bitcoin block prize on a consistent ondergrond, rather than randomly once every few years.
If you solo-mine, meaning you do not mine with a Bitcoin mining pool, then you will need to ensure that you are te overeenstemming with the Bitcoin network. The best way is to use the official BitCore client.
If you participate ter a Bitcoin mining pool then you will want to ensure that they are engaging ter behavior that is te agreement with your philosophy towards Bitcoin.
For example, some rogue developers have threatened to release software that could hard-fork the network which would likely result ter tremendous financial harm.
Therefore, it is your duty to make sure that any Bitcoin mining power you rechtstreeks to a mining pool does not attempt to enforce network overeenstemming rules you disagree with.
When segwit is activated, you will want to be able to mine and relay segwit-style blocks. The following mining software has bot upgraded to support segwit.
Please note that software that supports the GetBlockTemplate (GBT) RPC vereiste be upgraded to support the BIP9 and BIP145 switches to GBT. All the programs linked above that support GBT have bot upgraded.
Segwit is already activated and enforced on testnet, so you may find it useful to test your infrastructure upgrade by mining with some petite amount of hashrate on testnet. Alternatively, Bitcoin Core 0.13.1’s regression test mode (regtest) also supports segwit by default.
Bitcoin Mining Pools
There are many good Bitcoin mining pools to choose from. Albeit it’s tempting to pick the most popular one, it’s better for the health of the network to mine with smaller pools so spil to avoid potentially harmful concentration of hashing power.
The hash rate distribution is best when split among more Bitcoin mining pools.
Bitcoin Mining Pool Hash Rate Distribution
Bitcoin Mining Pool Options
For a fully decentralized pool, wij very recommend p2pool.
The following pools are believed to be presently fully validating blocks with Bitcoin Core 0.11 or straks:
BTCC: BTCC is a Bitcoin exchange, wallet, and mining pool located te China. Its mining pool presently controls around 15% of the network hash rate.
Slush Pool: Slush Pool is run by Satoshi Labs, a Bitcoin company based ter the Czech Republic. Slush Pool wasgoed the very first mining pool and maintains around 7% of the network hash rate.
Antpool: [WARNING] – Bitmain operates Antpool and some consider them to be a malicious actor te the Bitcoin ecosystem because of the AntBleed scandal where they were intentionally including malware within mining equipment they sell. Te a corporate communication, Bitmain claimed this wasgoed a feature and not a bug. This malware would enable Bitmain to remotely shut down equipment of customers or competitors thus enlargening their own profitability. Additionally, such behavior could pose a risk to the entire Bitcoin network.
Eligius: Eligius wasgoed one of the very first Bitcoin mining pools and wasgoed founded by Luke Dashjr, a Bitcoin Core developer. Today, the pool controls just under 1% of the network hash rate.
BitMinter: BitMinter, once one of the largest Bitcoin mining pools, now controls less than 1% of the network hash rate.
Kano CKPool: Kano CKPool wasgoed founded te 2014 and presently has around 3% of the network hash rate under its control.
F2Pool: F2Pool is the 2nd largest Bitcoin mining pool, with around 25% of the network hash rate. Its user interface is ter Chinese, making it difficult for English speakers to join.
BW Pool: BW Pool controls around 7% of the network hash rate. Like F2Pool, its user interface is te Chinese, making it difficult for English speakers to join.
Bitfury: Albeit seen publically te block explorers and hash rate charts, BitFury is a private mining pool and cannot be joined.
Bitcoin Mining Pool Payment Methods
Calculating your share of the bitcoins mined can be ingewikkeld. Te an ongoing effort to come up with the fairest method and prevent gaming of the system, many calculation schemes have bot invented. The two most popular types are PPS and DGM. PPS, or ‘pay vanaf share’ shifts the risk to the mining pool while they assure payment for every share you contribute.
PPS payment schemes require a very large reserve of Ten,000 BTC ter order to ensure they have the means of bearing a streak of bad luck. For this reason, most Bitcoin mining pools no longer support it.
One of the few remaining PPS pools is EclipseMC. DGM is a popular payment scheme because it offers a nice balance inbetween brief round and long round blocks. However, end users voorwaarde wait for utter round confirmations long after the blocks are processed.
PPS: The Pay-per-Share (PPS) treatment offers an instant, assured payout for each share that is solved by a miner. Miners are paid out from the pools existing balance and can withdraw their payout instantaneously. This prototype permits for the least possible variance te payment for miners while also transferring much of the risk to the pool’s technicus.
PROP: The Proportional treatment offers a proportional distribution of the prize when a block is found amongst all workers, based off of the number of shares they have each found.
PPLNS: The Pay Vanaf Last N Shares (PPLN) treatment is similar to the proportional method, but instead of counting the number of shares te the round, it instead looks at the last N shares, no matter the boundaries of the round.
DGM: The Dual Geometric Method (DGM) is a hybrid treatment that enables the technicus to absorb some of the risk. The technicus receives a portion of payouts during brief rounds and comes back it during longer rounds to normalize payments.
SMPPS: The Collective Maximum Pay Vanaf Share (SMPPS) uses a similar treatment to PPS but never pays more than the Bitcoin mining pool has earned.
ESMPPS: The Equalized Collective Maximum Pay Vanaf Share (ESMPPS) is similar to SMPPS, but distributes payments identically among all miners te the Bitcoin mining pool.
RSMPPS: The Latest Collective Maximum Pay Vanaf Share (RSMPPS) is also similar to SMPPS, but the system prioritizes the most latest Bitcoin miners very first.
CPPSRB: The Capped Pay Vanaf Share with Latest Backpay uses a Maximum Pay Vanaf Share (MPPS) prize system that will pay Bitcoin miners spil much spil possible using the income from finding blocks, but will never go bankrupt.
BPM: Bitcoin Pooled mining (BPM), also known spil “Slush’s pool”, uses a system where older shares from the beginning of a block round are given less weight than more latest shares. This reduces the capability to cheat the mining pool system by switching pools during a round.
POT: The Pay on Target (POT) treatment is a high variance PPS that pays out te accordance with the difficulty of work returned to the pool by a miner, rather than the difficulty of work done by the pool itself.
SCORE: The SCORE based treatment uses a system whereby a proportional prize is distributed and weighed by the time the work wasgoed submitted. This process makes straks shares worth more than earlier shares and scored by time, thus prizes are calculated ter proportion to the scores and not shares submitted.
ELIGIUS: Eligius wasgoed designed by Luke Jr., creator of BFGMiner, to incorporate the strengths of PPS and BPM pools, spil miners submit proofs-of-work to earn shares and the pool pays out instantly. When the block prizes are distributed, they are divided identically among all shares since the last valid block and the shares contributed to stale blocks are cycled into the next block’s shares. Prizes are only paid out if a miner earns at least. 67108864 and if the amount owed is less than that it will be spinned overheen to the next block until the limit is achieved. However, if a Bitcoin miner does not submit a share for overheen a period of a week, then the pool will send any remaining balance, regardless of its size.
Triplemining: Triplemining brings together medium-sized pools with no fees and redistributes 1% of every block found, which permits your share to grow swifter than any other Bitcoin mining pool treatment. The administrators of thesis Bitcoin mining pools use some of the Bitcoins generated when a block is found to add to a jackpot that is triggered and paid out to the member of the pool who found the block. Te this way, everyone ter the pool has a better chance to make extra Bitcoins, regardless of their processing power.
Contribute and translate!
Wij want to spread skill about Bitcoin everywhere, do you think you can help us increase our content or translate for those who don’t speak English?
Visit us on GitHub and learn how to contribute.