The one TX is only the block subsidy for the miner. There was not actually any TX included in the block.
Miners are not required to include any TX in their blocks, but have an incentive to do so as they get TX fees.
Topic: Block with only 1 transaction - page 2. (Read 1891 times)
http://blockexplorer.com/block/00000000000000001179ab36c2c029dea89d6c5506042414f6d5acddc46c5c86
what is the deal here, no one placed a bitcoin transaction in 10 minutes? is that why this happened? cause most blocks have hundreds of transactions..
what is the deal here, no one placed a bitcoin transaction in 10 minutes? is that why this happened? cause most blocks have hundreds of transactions..
i laugh at people spending all day looking at transactions.. very boring life. whats next a topic about millions of transactions. then a topic about transactions with only fee's, then a topic about high value single transaction, then a topic about a sing transaction where the fee exceeds the value to destination. then a topic about single transaction to multiple destinations, then a topic about multiple origins to single destination. then a topic about any there boring transaction that is more boring then reading my waffle.
point is dont try to waste time trying to think about the reasons. in a country of 60million people+ you will find times where a single person wins the lottery, or a bunch of them, you will find times that one person protests his rights or thousands of people protest their rights,
in nature all possibilities are possible, so dont sweat the nature of bitcoins. it could be a slowday, it could be a miner that formed a block by ignoring other transactions. either way, life moves on, and so does the blockchain.
have a nice day
Dude, you make me feel bad!! Only thing worse than looking at transactions all days is clicking on a thread about looking at transactions all day. Yeah.
hmm- why can't a person simply setup their mining hardware to seek out the 1st transaction and submit it as a complete block with just the 1 trx immediately upon receipt?
Doesn't probability of finding an accurate block increase substantially as the # of transactions goes down?
Doesn't probability of finding an accurate block increase substantially as the # of transactions goes down?
10 minutes? This block was found 17 seconds after the previous one 
You don't have to include any transactions, although there are incentives (primarily the transaction fees) for you to do so. Some miners don't include transactions, for one reason or another.
It's also possible that the miner didn't hear of any transactions between the time of the last block and when he found his block.
It's also possible that the miner didn't hear of any transactions between the time of the last block and when he found his block.
Mining a bitcoin block is a lot like guessing random numbers until one is the correct one... this mine just happened to guess correctly rather quickly... seems like within seconds.
The 10 minute thing is just a window of how long the bitcoin network wants these numbers guessed correctly. If miners guess correctly more frequently than 10 minutes.. the bitcoin network raises the difficulty (meaning it presents a much larger # pool to guess from)... in order to slow down the rate of guessing the correct answer...
The 10 minute thing is just a window of how long the bitcoin network wants these numbers guessed correctly. If miners guess correctly more frequently than 10 minutes.. the bitcoin network raises the difficulty (meaning it presents a much larger # pool to guess from)... in order to slow down the rate of guessing the correct answer...
http://blockexplorer.com/block/00000000000000001179ab36c2c029dea89d6c5506042414f6d5acddc46c5c86
what is the deal here, no one placed a bitcoin transaction in 10 minutes? is that why this happened? cause most blocks have hundreds of transactions..
what is the deal here, no one placed a bitcoin transaction in 10 minutes? is that why this happened? cause most blocks have hundreds of transactions..
i laugh at people spending all day looking at transactions.. very boring life. whats next a topic about millions of transactions. then a topic about transactions with only fee's, then a topic about high value single transaction, then a topic about a sing transaction where the fee exceeds the value to destination. then a topic about single transaction to multiple destinations, then a topic about multiple origins to single destination. then a topic about any there boring transaction that is more boring then reading my waffle.
point is dont try to waste time trying to think about the reasons. in a country of 60million people+ you will find times where a single person wins the lottery, or a bunch of them, you will find times that one person protests his rights or thousands of people protest their rights,
in nature all possibilities are possible, so dont sweat the nature of bitcoins. it could be a slowday, it could be a miner that formed a block by ignoring other transactions. either way, life moves on, and so does the blockchain.
have a nice day
http://blockexplorer.com/block/00000000000000001179ab36c2c029dea89d6c5506042414f6d5acddc46c5c86
what is the deal here, no one placed a bitcoin transaction in 10 minutes? is that why this happened? cause most blocks have hundreds of transactions..
what is the deal here, no one placed a bitcoin transaction in 10 minutes? is that why this happened? cause most blocks have hundreds of transactions..
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