Topic: Are there any Bitcoin mining pools that "mint" new coins when you get a payout? (Read 106 times)
June 28, 2021, 02:01:19 PM
You are looking for p2pool. Not sure how well the forked implementation is doing these days but there is still active development occurring on the original implementation behind the scenes. No idea if or when we’ll ever see it return to it’s glory days, but we can hope. P2pool mining was an important idea that wasn’t able to sustain interest for a variety of reasons, but is no less important now then when it was dreamed up. What you’re asking for in the way of fresh coins was just 1 advantage, but a cool one.
June 27, 2021, 06:36:19 PM
Sorry, no we don't mine direct to everyone's wallet and never will.
We mine to the pool wallet, then distribute the funds based on your reward balance.
This also avoids sending tiny balances to your wallet, that you would make a loss spending, and allows you to set what balance level you want to receive.
There are a few issues with mining direct to everyone's wallet:
1) It means the coinbase transaction is a lot larger.
This means more data sent to the miners every work change and more data sent to the network every time a block is found.
There are some miners that don't work with this either, if there are more than about 20 miners or so in the coinbase.
2) There are two ways to implement this on a non-solo pool.
One is to get it correct (like p2pool did) and the other is to get it wrong (like the SPLNS pool did)
The work sent to the miners 'should' represent the miner's reward if a block was found with that work.
The p2pool code does that. Alas it was too difficult for the SPLNS coder to do that.
(so e.g. the last block finder on the SPLNS pool never got his bonus
)
We mine to the pool wallet, then distribute the funds based on your reward balance.
This also avoids sending tiny balances to your wallet, that you would make a loss spending, and allows you to set what balance level you want to receive.
There are a few issues with mining direct to everyone's wallet:
1) It means the coinbase transaction is a lot larger.
This means more data sent to the miners every work change and more data sent to the network every time a block is found.
There are some miners that don't work with this either, if there are more than about 20 miners or so in the coinbase.
2) There are two ways to implement this on a non-solo pool.
One is to get it correct (like p2pool did) and the other is to get it wrong (like the SPLNS pool did)
The work sent to the miners 'should' represent the miner's reward if a block was found with that work.
The p2pool code does that. Alas it was too difficult for the SPLNS coder to do that.
(so e.g. the last block finder on the SPLNS pool never got his bonus
) 
June 27, 2021, 05:13:22 PM
Go see www.kano.is
The pool also has a thread here:
https://bitcointalksearch.org/topic/kanopool-kanois-lowest-09-fee-since-2014-worldwide-2432-blocks-789369
The pool also has a thread here:
https://bitcointalksearch.org/topic/kanopool-kanois-lowest-09-fee-since-2014-worldwide-2432-blocks-789369
June 27, 2021, 01:55:23 PM
I used to mine at http://eligius.st/ and they actually minted the coins into your wallet when they got a block. They now seem to be gone. Are there any pools that still do this?
I would prefer a pool that allows for anonymous registration as well.
I would prefer a pool that allows for anonymous registration as well.
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