Spy Mining: Pools Making Millions of Dollars by Mining Empty Blocks
Posted: Wed Oct 03, 2018 10:55 am
Etherdig, an Ethereum mining pool, is collecting mining fees without processing any transactions. And it is not the only one doing this.
Meet ‘spy mining’.
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What is spy mining?
In order to understand what spy mining is, you must first know that blocks in a blockchain do not all hold the same amount of information. For example, Bitcoin blocks have a data limit of one megabyte and Bitcoin Cash blocks have a limit of 32 megabytes. Blocks do not necessarily have to hold this much data to be verified and added to the ... (read more)