[CLOSED] 50Gh 1 week mining contract worth ~230 BTC - page 6.

bitlotto

hero member

Activity: 672

Merit: 500

BitLotto - best odds + best payouts + cheat-proof

Quote from: jamesg on April 26, 2012, 01:02:13 PM

Quote from: bitlotto on April 26, 2012, 12:58:29 PM

That wouldn't be a fair deal. Mine has better odds compared to the prize. Wink

Just teasing! LOL

I don't do mining. Could I just give you an address if I win that that gets any payouts and you set up the rest?
I'll enter if it's easy to do without running a bitcoind myself.

You can just setup an account at a pool like ozco.in, maxbtc.com, etc and we will point the hashing power there for a week. You get freshly minted coins!

No need to run bitcoind yourself.

Ok. I'll give it a shot. What the hell.

jamesg

vip

Activity: 1358

Merit: 1000

AKA: gigavps

Quote from: bitlotto on April 26, 2012, 12:58:29 PM

That wouldn't be a fair deal. Mine has better odds compared to the prize. Wink

Just teasing! LOL

I don't do mining. Could I just give you an address if I win that that gets any payouts and you set up the rest?
I'll enter if it's easy to do without running a bitcoind myself.

You can just setup an account at a pool like ozco.in, maxbtc.com, etc and we will point the hashing power there for a week. You get freshly minted coins!

No need to run bitcoind yourself.

bitlotto

hero member

Activity: 672

Merit: 500

BitLotto - best odds + best payouts + cheat-proof

Quote from: jamesg on April 26, 2012, 12:11:21 PM

Thanks bitlotto. Your calculations are a little off because they don't consider the discounts given on bulk tickets. Nevertheless, this raffle will be profitable.

I'll tell you what, you enter my raffle, I'll enter yours! Cheesy

That wouldn't be a fair deal. Mine has better odds compared to the prize. Wink

Just teasing! LOL

I don't do mining. Could I just give you an address if I win that that gets any payouts and you set up the rest?
I'll enter if it's easy to do without running a bitcoind myself.

jamesg

vip

Activity: 1358

Merit: 1000

AKA: gigavps

Quote from: bitlotto on April 26, 2012, 12:00:41 PM

Congrats on a successful raffle! Looks like your risk paid off. You'll make more than if you kept it for mining!
Over 90 BTC profit! Sweet!

I was going to play near the end if the total tickets sold kept the risk-win ratio acceptable. Perhaps next time. Too many tickets sold to be worth the 0.5 BTC! Oh well...

Congrats whoever wins.

Thanks bitlotto. Your calculations are a little off because they don't consider the discounts given on bulk tickets. Nevertheless, this raffle will be profitable.

I'll tell you what, you enter my raffle, I'll enter yours! Cheesy

bitlotto

hero member

Activity: 672

Merit: 500

BitLotto - best odds + best payouts + cheat-proof

Congrats on a successful raffle! Looks like your risk paid off. You'll make more than if you kept it for mining!
Over 90 BTC profit! Sweet!

I was going to play near the end if the total tickets sold kept the risk-win ratio acceptable. Perhaps next time. Too many tickets sold to be worth the 0.5 BTC! Oh well...

Congrats whoever wins.

deepDown

newbie

Activity: 25

Merit: 0

Quote from: jamesg on April 26, 2012, 09:39:05 AM

Quote from: deepDown on April 26, 2012, 09:35:13 AM

So, how do we know our ticket number for combining for sha? It is not given anywhere when one buy a ticket.

Hi deepDown,

We will publish the list once the raffle is over. All emails in the list will be hashed so only you will be able to find your email hash and corresponding ticket numbers.

Ticket numbers are assigned based of when you placed your order. If there are 500 tickets purchased before you and you purchased 1 ticket, you will get ticket number 501.

If you are not a programmer, don't worry, we will post a link that will create the proper hash of your email so you can easily search the list.

Best,
gigavps

Great! Thanks for the explanation.

jamesg

vip

Activity: 1358

Merit: 1000

AKA: gigavps

With ~28 hours to go, your odds of winnning the pot are now:

1/641

Good luck to everyone who had already purchased a ticket. If you haven't, you better hurry!

jamesg

vip

Activity: 1358

Merit: 1000

AKA: gigavps

Quote from: deepDown on April 26, 2012, 09:35:13 AM

So, how do we know our ticket number for combining for sha? It is not given anywhere when one buy a ticket.

Hi deepDown,

We will publish the list once the raffle is over. All emails in the list will be hashed so only you will be able to find your email hash and corresponding ticket numbers.

Ticket numbers are assigned based of when you placed your order. If there are 500 tickets purchased before you and you purchased 1 ticket, you will get ticket number 501.

If you are not a programmer, don't worry, we will post a link that will create the proper hash of your email so you can easily search the list.

Best,
gigavps

deepDown

newbie

Activity: 25

Merit: 0

So, how do we know our ticket number for combining for sha? It is not given anywhere when one buy a ticket.

darkice

member

Activity: 85

Merit: 10

2 tickets , fingers crossed

1/596

jamesg

vip

Activity: 1358

Merit: 1000

AKA: gigavps

With ~30 hours to go, your odds of winnning the pot are now:

1/594

Good luck to everyone who had already purchased a ticket. If you haven't, you better hurry, it's just over 1 day before we find out who the lucky winner is!

jamesg

vip

Activity: 1358

Merit: 1000

AKA: gigavps

Quote from: ChanceCoats123 on April 26, 2012, 01:04:29 AM

What if the winner wants to point at a pool that doesn't use 1 difficulty shares? Wink

I will discuss this with amazingrando. I have over 12Gh of BFL equipment that will not run on p2pool and will get high stales. Also, I am not sure we are going to reconfigure 25Gh of each of our farms to run properly with p2pool. While it's a good idea to support p2pool, the practicalities of the matter are also something to consider.

Red Emerald

hero member

Activity: 742

Merit: 500

Quote from: ChanceCoats123 on April 26, 2012, 01:04:29 AM

What if the winner wants to point at a pool that doesn't use 1 difficulty shares? Wink

That's actually a good question. I'd point it at p2pool just to support p2pool.

ChanceCoats123

hero member

Activity: 682

Merit: 500

What if the winner wants to point at a pool that doesn't use 1 difficulty shares? Wink

farfiman

legendary

Activity: 1449

Merit: 1001

Enough sold to break even . Now we can buy tickets to make you a profit

jjjrmy

member

Activity: 221

Merit: 10

Just bought 2 tickets.

jamesg

vip

Activity: 1358

Merit: 1000

AKA: gigavps

Quote from: eroxors on April 25, 2012, 10:38:56 AM

The numbers people are wanting odds before they place their bets. Grin

A couple of people have asked for odds and we are ready to release them...

As of this moment, we have had 75 orders for a total of 546 tickets sold thus far!

So the odds at this point are: 1/546

Good luck to everyone who had bought a ticket so far!

Red Emerald

hero member

Activity: 742

Merit: 500

Weeeeeeeeeeeee

hashking

sr. member

Activity: 308

Merit: 250

Just bought my tickets. Can't wait.

eroxors

legendary

Activity: 924

Merit: 1000

Think. Positive. Thoughts.

The numbers people are wanting odds before they place their bets. Grin

Topic: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC - page 6. (Read 14129 times)