transacton fee belongs to pool operators

Littleshop

legendary

Activity: 1386

Merit: 1004

Quote from: PRCman on May 27, 2011, 10:34:27 AM

1 transacton fee(if there is) belongs to pool operators( acturally the block creater, most are pool operators) is that true?
2 how can pool operators determine labors who just submit share hash done no result found , without any calculation?

You can see the fees at blockexplorer.com by clicking on the finished blocks.

http://blockexplorer.com/block/0000000000000a8dcfcd6258e51298aac235bb1e9e35fe4b9f1ecbfae0cb8985

I looked at the last group for the fees.
.01
.1
0
.02
.03
So for the last 5 blocks all combined the fees are .16 btc Not really much at all. The pool operators are not 'cashing in' on these fees by keeping them yet.

xenon481

sr. member

Activity: 406

Merit: 250

Quote from: PRCman on May 27, 2011, 10:34:27 AM

1 transacton fee(if there is) belongs to pool operators( acturally the block creater, most are pool operators) is that true?

In most pools, yes, the pool operator keeps the transaction fees. There is at least one small pool that distributes the transaction fees to the miners.

Quote

2 how can pool operators determine labors who just submit share hash done no result found , without any calculation?

There is a difference between a Share and a GetWork. You don't "complete" working on a Share, you find a share (a hash of the block header that meets difficulty >= 1) within the space of the GetWork. Most of the time, you don't even bother to finish looking through the entirety of the GetWork solution space, you just request a new GetWork every once in a while.

Pools count the number of solutions of difficulty >= 1 that you found. That is proof that you have been doing work. One of those solutions might also be a full solution that exceeds the current real difficulty.

And the pool does confirm that all shares that are submitted are valid.

goatpig

legendary

Activity: 3766

Merit: 1364

Armory Developer

Quote from: w128 on May 27, 2011, 10:59:32 AM

"How can pool operators identify someone who submits a false 'share complete' message to the pool without actually performing any work to calculate a solution?"

The solution is always verified. One double block hash is quick. Performing a metric ton of them to find one that fits the solution is long.

w128

newbie

Activity: 14

Merit: 0

Quote from: goatpig on May 27, 2011, 10:39:59 AM

Transaction fees are claimed the same way as the BTC rewards for block solving.

Quote from: PRCman on May 27, 2011, 10:34:27 AM

2 how can pool operators determine labors who just submit share hash done no result found , without any calculation?

Couldn't you rephrase this question please, I can't wrap my mind around it.

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"How can pool operators identify someone who submits a false 'share complete' message to the pool without actually performing any work to calculate a solution?"

goatpig

legendary

Activity: 3766

Merit: 1364

Armory Developer

Transaction fees are claimed the same way as the BTC rewards for block solving.

Quote from: PRCman on May 27, 2011, 10:34:27 AM

2 how can pool operators determine labors who just submit share hash done no result found , without any calculation?

Couldn't you rephrase this question please, I can't wrap my mind around it.

PRCman

newbie

Activity: 42

Merit: 0

1 transacton fee(if there is) belongs to pool operators( acturally the block creater, most are pool operators) is that true?
2 how can pool operators determine labors who just submit share hash done no result found , without any calculation?

Topic: transacton fee belongs to pool operators (Read 1462 times)