This article provides an in-depth exploration of Bitcoin (BTC), Bitcoin SV (BSV), and Bitcoin Cash (BCH) mining, addressing frequently asked questions about block times, mining tutorials, Ethereum's transition to Proof-of-Stake (PoS), and more.
Core Mining Concepts
Understanding Block Times
- BTC Block Time: While the ideal block time is 10 minutes, actual times vary. The Bitcoin network adjusts difficulty every 2016 blocks to maintain this average.
- Where to Track Blocks: Monitor BTC blocks via OKLink's pool tracker.
Ethereum Mining Transition to PoS
Key Questions Answered
Q: When will Ethereum transition to PoS?
A: The transition depends on Ethereum's development roadmap and community consensus. Official announcements should be your primary source for updates.
Q: Can I continue mining after the PoS transition?
A: Current Ethereum mining hardware will become obsolete for ETH mining. However, users can participate in PoS by staking ETH in validator nodes.
Q: What GPU specifications are needed for Ethereum mining?
A: A minimum of 6GB VRAM is required, as Ethereum's DAG file currently exceeds 4.52GB.
Profit Calculation and Settlement
Mining Revenue FAQs
| Algorithm | Coins | Settlement Model | Fee |
|---|---|---|---|
| SHA256 | BTC/BCH/BSV | PPLNS | 4% |
| Ethash | ETH | PPLNS | 2% |
| Scrypt | LTC | PPLNS | 2% |
Q: How is daily mining revenue calculated?
A:
Daily Revenue = Hashrate × Estimated Daily Earnings × (1 - Mining Fee)Example: For 1.18GH/s hashrate earning 0.02181309 ETH/GH/day:
1.18 × 0.02181309 × 0.98 = 0.0252 ETHQ: When are profits settled?
A: Earnings are automatically deposited into your OKX account by 09:00 HKT the following day.
Hashrate Management
Troubleshooting
Q: Why does my displayed hashrate differ from local measurements?
A: Pool interfaces show cumulative hashrate. For example:
(40 GH/s × 20 minutes) / 60 minutes = 13.33 GH/s displayed at 9:20This normalizes closer to actual values near hour marks.
Q: Are there mining server options optimized for North America?
A: Not currently available.
Optimizing Mining Performance
Recommended Stratum Servers
stratum+tcp://stratum.okpool.me:3446
stratum+tcp://stratum.okpool.me:3336
stratum+tcp://stratum.okpool.me:3556 Rotate servers if experiencing latency issues.
👉 Maximize your mining efficiency
FAQ Section
Top Reader Questions
Q: How can I view my hourly mining output?
A: Only daily earnings are visible through pools. Solo miners can check block discovery records.
Q: Why do actual earnings sometimes deviate from theoretical estimates?
A: Minor fluctuations are normal. Significant discrepancies may indicate settlement errors—contact support if needed.
Q: My management dashboard isn't displaying ETH data—what should I do?
A: Switch the view from SHA256 to ETH hashrate metrics (applies to both web and mobile interfaces).