Quote from: Mikestang on May 15, 2015, 09:18:06 PM

Quote from: rasgbonyo on May 15, 2015, 10:03:56 AM

Quote from: kano on May 15, 2015, 08:20:08 AM

Quote from: rasgbonyo on May 15, 2015, 08:04:21 AM

Quote from: tspacepilot on May 14, 2015, 10:27:02 PM

Quote from: rasgbonyo on May 14, 2015, 08:24:12 PM

Is it possible to mine just for the fees?

Consider this as well: once all the 21 million bitcoins are distributed, there won't be any coinbase in the new blocks and at that point, the miners will indeed be mining only for the fees.

I am beginning to understand it. So during mining the transactions will be piling up then when a block is found the pool operator decides to add to the block.

OK, I am going to start my own pool. Which is the best pool software?

Hmm ... think of it this way:

OMG I can start a small airline and make millions in profit each year.

... and yet almost no one seems to do that ... I wonder why Tongue

Ah, but I do have the planes. (Have my own servers in a reputable hosting centre and spare rack space).

OK, what else do I need? Go on, tell me -- best pool software is...

Since you didn't even understand how tx fees are handled I'll go out on a limb and say you do not know enough to run your own pool. No one is going to hold your hand with that one.

Let me chop down your limb QUICKLY.

I can do it.

BTW - did you, newbie that you are, know that you are running my code on whatever OS you are using? You cant hold my hand..