In case anyone was wondering, 50 BTC of the proceeds from this raffle went to ckolivas for his work in reengineering the networking portion of cgminer to make it work better with gpumax.
Thanks ckolivas!
Thanks ckolivas!
Very nice!
Topic: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC (Read 14136 times)
Very nice!
In case anyone was wondering, 50 BTC of the proceeds from this raffle went to ckolivas for his work in reengineering the networking portion of cgminer to make it work better with gpumax.
Thanks ckolivas!
Thanks ckolivas!
That was kind of you, kudos.
In case anyone was wondering, 50 BTC of the proceeds from this raffle went to ckolivas for his work in reengineering the networking portion of cgminer to make it work better with gpumax.
Thanks ckolivas!
Thanks ckolivas!
I kind of agree. It was neat that it was different than just BTC but kind of sad it changed right at the end. BitLotto is different though. I don't offer an prize and sell way more tickets than the prize is worth. I just always pay 99% of whatever people put in. 
Offering an amount at the beginning to raffle off would IMHO be a rip off. The suckers at the beginning would play but everyone else would wait till the end to see if the number of tickets sales is higher or lower than the prize amount. If it's lower it's a good deal and the operator ends up losing BTC. If it's higher than the money is better spent at BitLotto for the odds are better compared to the prize. Who knows how many people would really pay attention though.
Offering an amount at the beginning to raffle off would IMHO be a rip off. The suckers at the beginning would play but everyone else would wait till the end to see if the number of tickets sales is higher or lower than the prize amount. If it's lower it's a good deal and the operator ends up losing BTC. If it's higher than the money is better spent at BitLotto for the odds are better compared to the prize. Who knows how many people would really pay attention though. lotto != raffle
You're comparing two completely different things.
"what would you do with your winnings"
another bonus for the winner in taking an instant BTC cash prize option instead of mining for a week is that it gave him the potential to sell those 300 odd coins (haven't checked prob 220 - 250 but same principle) @ > $5.10 then short 10:1 on Btca with the $ equivalent of 3,000 coins margin, buying back in today < $4.9 for a clear $600 profit on the short, so now holding $2,130 or 435 coins, one third more in just 1 day after the spreads say, so that even BTC bears may want to play
another bonus for the winner in taking an instant BTC cash prize option instead of mining for a week is that it gave him the potential to sell those 300 odd coins (haven't checked prob 220 - 250 but same principle) @ > $5.10 then short 10:1 on Btca with the $ equivalent of 3,000 coins margin, buying back in today < $4.9 for a clear $600 profit on the short, so now holding $2,130 or 435 coins, one third more in just 1 day after the spreads say, so that even BTC bears may want to play
So since you still have all the mining power available to you, how much will it cost me to have a stress test against my instance of ecoinpool that I set up? I only want an hour or 2 of lots of speed to see how well it works.
I'm working on a central config that would allow me to do this pretty easily (giga probably has a better setup in this respect) But given the number of rigs I'd have to change over in my present setup it would be a lot of work if you needed a lot of hash power. How many gh/s are you thinking?
So since you still have all the mining power available to you, how much will it cost me to have a stress test against my instance of ecoinpool that I set up? I only want an hour or 2 of lots of speed to see how well it works.
I'm working on a central config that would allow me to do this pretty easily (giga probably has a better setup in this respect) But given the number of rigs I'd have to change over in my present setup it would be a lot of work if you needed a lot of hash power. How many gh/s are you thinking?
So since you still have all the mining power available to you, how much will it cost me to have a stress test against my instance of ecoinpool that I set up? I only want an hour or 2 of lots of speed to see how well it works.
I think we should also give a prize for the highest hash.
Just as impressive (or likely) as the lowest one:
fffbfd600aa2d0e0eb2ee5439a91865cceb96b3505a235c57d24a3b945ff9b4f
Ticket holder 402 a preliminary congrats (no prize though)!
Just as impressive (or likely) as the lowest one:
fffbfd600aa2d0e0eb2ee5439a91865cceb96b3505a235c57d24a3b945ff9b4f
Ticket holder 402 a preliminary congrats (no prize though)!
'tis a good point. I'll kick giga a BTC to pay the highest hash.
Well this is an excellent idea, it is no easy thing to get the furthest possible hash from the winning one, though it doesn't in the least surprise me that it was one of my tickets (from 369 to 413) that scooped the booby prize, thanks to the OPs for a fun game & whilst not the best in town I still enjoyed it.
Congrats to cncguru, Bravo!
Edit: & re offering a BTC cash alternative prize option after the draw, I don't have any problem with this - if it's what the winner wishes to choose then that's an extra benefit to him & if someone else had won it & choose to go with the mining contract then the OPs would honer that & help set it up for them if needed so np, same for any future BTC cash equivalents - they're a bonus that's all
I am sorry you guys feel this way.
Amazingrando and I put up large sums of our mining income with no idea what was going to happen. We also over delivered on option #2 by paying 110% PPS which cncguru was super excited about. It was his choice to make.
True , but why give him the option? It wasn't in the original post. Anybody could start a raffle with 200 btc as a prize.
Yours was special BECAUSE it was Mining power as a prize. Will It be possible to trade the the next 1st prize ( BFL thingy) for its
worth in coins? Oh well, maybe I'm just trolling but its the way I feel.... Still congrats to the winner
Kind of dissapointing that he took the coins... I know its easier for you guys but its no different than bitlotto ... the whole point was getting the hashing power ....
I kind of agree. It was neat that it was different than just BTC but kind of sad it changed right at the end. BitLotto is different though. I don't offer an prize and sell way more tickets than the prize is worth. I just always pay 99% of whatever people put in. Offering an amount at the beginning to raffle off would IMHO be a rip off. The suckers at the beginning would play but everyone else would wait till the end to see if the number of tickets sales is higher or lower than the prize amount. If it's lower it's a good deal and the operator ends up losing BTC. If it's higher than the money is better spent at BitLotto for the odds are better compared to the prize. Who knows how many people would really pay attention though. I am sorry you guys feel this way.
Amazingrando and I put up large sums of our mining income with no idea what was going to happen. We also over delivered on option #2 by paying 110% PPS which cncguru was super excited about. It was his choice to make.
Finally, the results of the raffle, IMHO, went off without hassle and we had third party validation of the results.
I could not have asked for a better result and am very pleased with how things turned out.
Kind of dissapointing that he took the coins... I know its easier for you guys but its no different than bitlotto ... the whole point was getting the hashing power ....
I kind of agree. It was neat that it was different than just BTC but kind of sad it changed right at the end. BitLotto is different though. I don't offer an prize and sell way more tickets than the prize is worth. I just always pay 99% of whatever people put in. Offering an amount at the beginning to raffle off would IMHO be a rip off. The suckers at the beginning would play but everyone else would wait till the end to see if the number of tickets sales is higher or lower than the prize amount. If it's lower it's a good deal and the operator ends up losing BTC. If it's higher than the money is better spent at BitLotto for the odds are better compared to the prize. Who knows how many people would really pay attention though. OK, wow that was fun!!!
Now how about a raffle for a mini rig box???
(BFL has to deliver one first I guess,LOL)
Now how about a raffle for a mini rig box???
(BFL has to deliver one first I guess,LOL)
cncguru has verified that he is owner of the email address that purchased the winning ticket.
Amazingrando and I offered him two options:
1. Mining with the hashing power for a week at the pool of his choice.
2. Take a payout right now of 110% PPS to current difficulty.
cncguru chose option #2.
http://blockchain.info/tx-index/4499138/9c755b8bf077dcf514e5cd338686c6db55f21f346d060c1103bbf3a54b65e4c8
http://blockchain.info/tx-index/4499171/a0b9120b4dd3899093b22c6a2b625c5846ad2b252092065ca9e4f60ac243b07a
Thanks again to everyone for playing!
Kind of dissapointing that he took the coins... I know its easier for you guys but its no different than bitlotto ... the whole point was getting the hashing power ....
sha256sum provides different results.
www.online-convert.com sha256 hash of [email protected] returns
c78f0c7d38ff568dce69dd355e7759a1e962b5c83ff85884ce02f650c2d0d646
Why the discrepancy.
you need "-n" for no newline Code:
$ echo "[email protected]" | sha256sum
9d886f71d7ee1dc93e058fafd21f25715eff3b779b68070053c728551621d37b -
www.online-convert.com sha256 hash of [email protected] returns
c78f0c7d38ff568dce69dd355e7759a1e962b5c83ff85884ce02f650c2d0d646
Why the discrepancy.
sha256sum provides different results.
www.online-convert.com sha256 hash of [email protected] returns
c78f0c7d38ff568dce69dd355e7759a1e962b5c83ff85884ce02f650c2d0d646
Why the discrepancy.
Code:
$ echo "[email protected]" | sha256sum
9d886f71d7ee1dc93e058fafd21f25715eff3b779b68070053c728551621d37b -
www.online-convert.com sha256 hash of [email protected] returns
c78f0c7d38ff568dce69dd355e7759a1e962b5c83ff85884ce02f650c2d0d646
Why the discrepancy.
cool thanks for that
Used an online generator site and got it. thanks again
Used an online generator site and got it. thanks again
just for educational purposes, how would I work out what ticket I had ?
sha256(TheEmaiThatYouUsed)
get the result
find it on the list
look at the ticket number
If you pm me, the email you used, I'll find it for you.
just for educational purposes, how would I work out what ticket I had ?
I think you should start that raffle now because I would be quite interested in that but I cannot speak for everyone else.
Ask and you shall receive....
https://bitcointalksearch.org/topic/closed-win-a-butterfly-labs-bitforce-single-78304
All I can say is damn :-( I did not win, but well done on a well run raffle. Congrats to the winner.
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