Bitcoin: Winner of block reward command

CRYPTOCURRENCY

The Winner of Each Block Reward: A Guide to Viewing and Understanding

In the world of Bitcoin mining, one of the most exciting aspects is seeing who wins the next block reward. But have you ever wondered how to view this information or find out which mining pool has the most coins at the end of each block? In this article, we’ll explore the bitcoin-cli command used to determine the winner of each block reward and provide some valuable insights into understanding the Bitcoin mining process.

What is the bitcoin-cli command?

The bitcoin-cli command is a powerful tool that allows users to interact with the Bitcoin network. It’s essentially a set of commands that can be used to perform various operations, including checking the balance of specific coins or viewing transaction details. In this case, we’re interested in finding out which mining pool won the last block reward.

Viewing Block Reward Winners

To view the winner of each block reward using Bitcoin-cli, you will need to use the getminingpoolinfo command followed by a list of mining pools and their respective winners. Here’s an example of how to do this:


bitcoin - cli getminingpoolinfo -p < pool_name >

Replace with the name of the pool that won the last block reward (e.g., pool1).

Finding Out Which Mining Pool Won Each Block Reward

Once you have the list of mining pools and their winners, you can use a combination of the getminingpoolinfo command and some basic sorting to find out which mining pool won each block reward. Here’s an example:


bitcoin-cli getminingpoolinfo -p  | black -t ',' -k 2.2n | head

This will output a list of the mining pools that won the last block reward, sorted by their winners in descending order (i.e., most coins received).

The Winning Mining Pool

In this example, if you want to know which mining pool won each block reward and its winning total is 100 BTC, you can use the following command:


bitcoin-cli getminingpoolinfo -p  | black -t ',' -k 2.2n | head

This will output a list of the mining pools that won the last block reward, including their winners and totals.

Conclusion

Viewing the winner of each block reward using Bitcoin-cli is an essential part of understanding the Bitcoin mining process. By learning how to use this command, you can gain valuable insights into the strengths and weaknesses of different mining pools and make informed decisions about your own cryptocurrency investments.

Tips and Tricks

Make sure you have a good internet connection when running commands, as they may take some time to execute.

If you’re using a Bitcoin mining pool with multiple servers, be aware that some servers may experience lag or other issues during the execution of commands.

Keep in mind that the command output may vary depending on the specific Bitcoin network version being used (e.g., Bitcoin Cash, Bitcoin Gold, etc.).

Additional Resources

For more information about Bitcoin-cli and its usage, please refer to the official Bitcoin documentation. Additionally, you can find a comprehensive list of all available bitcoin-cli commands in the Bitcoin Core documentation.

I hope this article has helped you understand how to view and analyze the winner of each block reward using bitcoin-cli. Happy mining!