10 Jul '17, 3pm

The Reason Why Bitcoin Miners Dedicate Time to Mining Empty Blocks

Thank you, Jamie! Very often I get into spats with non-miners on Transaction Delay or what they call backlog. In addition to your story, which was very good. Maybe spend a little more time expanding on mining issues so readers have a better understanding of what you have explained affects mining operations. For instance I’ll state a few top issues. Most of my mining time is focused on finding these empty blocks and calculating the next block for my group or farm. I seek the most valuable after I predict a calculus to try and beat the next competing block. Kind of like a spider sensing a catch on his web. I am not sure about other miners, but I watch and record blocks worked by mining pools in order to avoid their hash power on a block I may be mining. Sometimes I get to work on a more valuable blocks while pools are busy on empty blocks and sometimes I get beat to a soluti...

Full article: https://news.bitcoin.com/reason-bitcoin-miners-empty-blocks/

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