Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Crypto currency Mining => Topic started by: sirty143 on April 19, 2024, 03:52:44 AM

Title: Recent Analysis Shows Common Transaction Patterns Among Several Bitcoin Mining P
Post by: sirty143 on April 19, 2024, 03:52:44 AM
Recent Analysis Shows Common Transaction Patterns Among Several Bitcoin Mining Pools

A comprehensive X thread by Bitcoin developer and observer 0xB10C has uncovered that several prominent bitcoin mining pools are using identical block templates and transaction prioritization methods... See more for yourself here (https://news.bitcoin.com/recent-analysis-shows-common-transaction-patterns-among-several-bitcoin-mining-pools/).

Your opinion is greatly appreciated.
Title: Re: Recent Analysis Shows Common Transaction Patterns Among Several Bitcoin Mining P
Post by: ABCbits on April 23, 2024, 10:35:42 AM
It's interesting finding, not only those pool use same custodial service, but they use same software/algorithm for creating block. It'll make people question further decentralization of Bitcoin. And while the news mention Stratum V2 as solution, IMO P2Pool is better option when decentralization matters.
Title: Re: Recent Analysis Shows Common Transaction Patterns Among Several Bitcoin Mining P
Post by: NikeFit_7777 on May 12, 2024, 12:12:23 PM
Hashlabs Mining from Finland presented a project that allows generating heat using bitcoin mining devices to heat homes.

The solution is a combination of hydro-cooled ASIC devices of the WhatsMiner M63S model with the Finnish district heating system. The heat generated from mining the first cryptocurrency will be transferred through a network of insulated pipes to several residential buildings.

Link: https://forklog.com/?p=231226
Title: Re: Recent Analysis Shows Common Transaction Patterns Among Several Bitcoin Mining P
Post by: philipma1957 on May 12, 2024, 05:08:22 PM
Quote from: sirty143 on April 19, 2024, 03:52:44 AM
Recent Analysis Shows Common Transaction Patterns Among Several Bitcoin Mining Pools

A comprehensive X thread by Bitcoin developer and observer 0xB10C has uncovered that several prominent bitcoin mining pools are using identical block templates and transaction prioritization methods... See more for yourself here (https://news.bitcoin.com/recent-analysis-shows-common-transaction-patterns-among-several-bitcoin-mining-pools/).

Your opinion is greatly appreciated.

prefect kyc is the goal of many governments in the world 🌎.

they say without true kyc terrorists can use btc to wreak terror.

down the road this will be the norm.