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Hey, I was made aware of an article by this comment from @k00b: #72225
The article includes problems regarding the testnet which I didn't know about:
The fact that testnet blocks are mined by volunteers means there are two big trade-offs when it comes to reliability. One is variancy in the block intervals (this may change from seconds to hours or even days); second are the reorgs (a few thousand-block reorgs have happened in its history). The block interval variance mostly represents changes in the difficulty adjustment or miners plugging in and out of the network, changing its hash rate.
I then looked up the hash rate of mainnet and testnet in mempool.space:
mainnet hash rate
testnet hash rate
As you can see, there is indeed a vast difference in consistency and hash rate between mainnet and testnet with currently around 250 EH/s for mainnet and around 1PH/s for testnet.
I asked myself now if it could have a positive impact if more people just let their full node mine on testnet? Could be CPU limited. It wasn't that easy to look up CPU SHA-256 benchmarks since ASICs entered the bitcoin mining scene as early as 2012 according to an article on nicehash.com [1]. So I don't know if this is very far fetched to make a dent into 1 PH/s with (limited) CPUs.
I am at least interested in this so I can learn more about mining and getblocktemplate and stuff. So maybe I'll just do it regardless what consensus on "let's tell people they should mine on testnet" is.
The size of the testnet blockchain at least does not seem to be a problem. First research has revealed the size to be significantly less than on mainnet:
As of January 2018, the size of the data on disk was 14 GB containing data for about 6 years worth of testnet activity.
I don't know if this is very far fetched to make a dent into 1 PH/s with (limited) CPUs.
Let's say some top-end CPU gets you 20 MH/s (wild-assed guess as this isn't being updated with modern CPUs anymore).
20 MH/s is 0.02 GH/s, which is 0.00002 TH/s, and 0.00000002 PH/s.
An obsolete, five year old Antminer S9 that costs $200 today can generate 14 TH/s, or 700,000X more hashrate than this top-end desktop CPU machine can.
To get 1 PH/s, you would need 50 million top-end desktop CPU machines hashing away.
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I've never used test net
But that might be an interesting way to learn more about mining
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Last time I used it (a few years back, not the recent signet), difficulty was automatically set to 1 if no blocks come out in the last 20 minutes. So anyone can provide enough proof of work to generate a new block, even if it’s only one node mining.
Can’t see how Testnet can be for days without new blocks?
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