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42 sats \ 6 replies \ @optimism 6 Sep \ on: What Does the Mining Option Mean in Bitcoin Knots? bitcoin_beginners
Can Knots, by itself, really mine
Yes, using CPU. You can test it on a local regtest chain as the functionality has been retained for the test suite.
with a non-zero probability?
Non-zero yes, but extremely close to zero and extremely energy inefficient compared to ASICs. I doubt that anyone has found a mainnet block with CPU mining in the past decade.
If so, how do I take advantage of it?
You can't because it's non-competitive and considered a waste of compute. If you're looking to learn more about how it works, you could mine testnet for a bit where you actually may find a block.
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200 sats \ 3 replies \ @OT 6 Sep
I think even on testnet it would be pointless. I don't know why, but it looks like some people mine testnet with ASIC's.
4PH on worthless coins.
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100 sats \ 2 replies \ @optimism 6 Sep
Thanks. That's what I get for being lazy and not checking.
Maybe stackers can make a learning environment w/ regtest as a hack.
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100 sats \ 1 reply \ @OT 6 Sep
Well... I didn't know you could mine on Knots so thanks!
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110 sats \ 0 replies \ @optimism 6 Sep
You can mine on Core too...
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100 sats \ 1 reply \ @spiderman OP 9 Sep
And can I use the knots application as the GUI tool for my trzor wallet, I.e. signing outgoing transactions from trezor with knots?
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0 sats \ 0 replies \ @optimism 9 Sep
Not sure because I don't use the knots/core GUI. This would benefit from a new post; here are the CCs needed and some extra.
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