Topic: [ANN]Create a merge mined Pool for Devcoin, get 4.32 BTC ($524) inquire within (Read 1530 times)

  Can you PM unthinkingbit about the pool (he is the devcoin master)?  He can check if your pool qualifies, then give you about half, or a quarter, of the bounty, which you can use to make it merge mined,and then you'll get the remainder!

^doh, i wont be having btc, the time to find a block with the predicted hashrate we will recieve is 0. I have a few tricks up my sleeve. theres, other coins which can be merged mined alongside

I just don't get, why anyone would want to convert their BTC, to DVC...

bump

Like this but 100% is converted to dvc and given to miners

I do find t unfair that the requirements were changed for one complaint. Merged mining would require a whole rewrite in code which was what i was planning on using the funds for. Since my
The current frontend which ive created for merged mining is definitly not fit for production use imo so in that case i guess im out. A stable pool is better than a buggy one which is unfit for use. Another draw back is the devcoin clients which are based on ancient code so it becomes harder to implement. a talk with doublec revealed he uses heavily customized sockthing backend and his own custom frontend. Ill keep the pool up incase anyone decides to mine on it. Since there arnt many dvc pools around and the requirements limit the pools further. We all know theres been a bounty for a merged mining frontend for months but no one's filled it cause its so troublesome to implement(ive said that too many times right? )

To shake: actually i can compromise theyre. If i did get the bounty with a 2% fee miners would have no problem mining on a pps pool since they get paid even if i dont get a block.(i only run true pps)

Edit: since i cant currently merge mine im also willing to merge mine on the backend, auto convert and add on the value of those merged mined coins to the block value so say from tomorrow ill double the block reward, exchange and merged mined coins to cover it and anything extra give away as block finder bonus's

Nah, I think the increase wait in pay will work to remedie that.

Good point.  Ahmed, could you make your pool merge mined, per the requirements? (They are in the edited OP)

Thanks for the quick pool though!

The bounty for this should go to the Merged Mining pool. Its already producing a sizable share of the DVC in the wild.

Looking at the current diff, anyone pointing hashes at any new pool is going to be waiting a VERY long time to get any DVC out of it unless they have some huge hashpower. Given the size of the bounty, I'd say don't pay out any bounties on pools until they've produced a substantial chunk of DVC and have long term support.

Also given the steady downward decline in the price of DVC and the lack of buy support at the current price to produce said BTC level, the title of this thread is somewhat misleading and I surmise will only lead to a few flash-in-the-pan pools rather than any of real significance.

Nice

Got a pool online. dvc.crypto-expert.com im currently mining on it

GetWork Only. 0 fees until i patch the devcoin daemon to support GBT where it will be 1% after my 1 week promotional period.

1 quick question. instead of bounties like this why not have one for updating the darn client? its one of the essentials for a functional pool

Yeah, we might have to increase the number of blocks per round even! 

Merge mined pools are eligible, but at least 0.5% of the BTC must be converted to DVC to be paid out to the miners.

For example, if your pool mines 100 BTC and 50,000 DVC, then 0.5 BTC needs to be converted to devcoins, and then 99.5 BTC and the 50k DVC + 0.5 BTC in DVC would be divided among the miners.

Why would anyone ever want to mine just DVC, when they can mine DVC and BTC, at the same time?

Awesome. This would probably boost round speed like crazy.

reserve