Post
Topic
Board Bitcoin Technical Support
Re: Run a Bitcoin Testnet 4 node
by
LoyceV
on 15/05/2024, 10:07:03 UTC
I'm currently figuring out if i can build some kind of cpuminer in the same container and get it to work properly... cpumining might be long dead, it should still be feasible for testnet4.
I'll try your container next (and I've never used containers before). CPUmining would be fun, I tried it before on testnet, but had to conclude it's impossible. If there's even a single ASIC mining on testnet4, I expect CPUmining to be futile already.

Testnet4 is at block #25039 and even if one person had mined all the blocks they would have 1.2 million coins not "millions of tbtc4"! It doesn't matter though, testnet coins have no value and also most probably it will reset when things are decided.
I can think of a nice use: by the time the block reward gets low again, 1.2 million coins is enough to pay 1 testnet coin in transaction fees every 10 minutes for 20 years. That means miners will "always" get a bit more, even when the block reward is diminishing.