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Analysis of Bitcoin Pooled Mining Reward Systems

Distributed, Parallel, and Cluster Computing 2011-12-22 v1
Authors: Meni Rosenfeld
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Abstract

In this paper we describe the various scoring systems used to calculate rewards of participants in Bitcoin pooled mining, explain the problems each were designed to solve and analyze their respective advantages and disadvantages.

Keywords

blockchain and cryptocurrency

Cite

@article{arxiv.1112.4980,
  title  = {Analysis of Bitcoin Pooled Mining Reward Systems},
  author = {Meni Rosenfeld},
  journal= {arXiv preprint arXiv:1112.4980},
  year   = {2011}
}

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