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Topic: (CLOSED)[Solo Group Mining] Block Breakers United - page 13. (Read 12395 times)

legendary
Activity: 1554
Merit: 1001
Can you explain me how will it work?
I mean suppose I am investing 0.05 BTC here. So what are the chances of getting ROI and in how many days will it reach ROI?
And what percentage of shares will be distributed to each investor after a block is solved?

Also how about using that address 1FuL4PkG4MWGEh6JzUzu25CK67LVMyPbYX externally as worker by me on ck pool with my miners? What will be the subsidy then? Wink
This is more gambling, but it requires people to invest to pool money together to rent mining rigs. We then point the mining rigs at http://solo.ckpool.org/

So say 10 people invest 0.05 each, we rent some rigs and find a block. The block will be divided equally among each person that has a share. If we get a block, then you ROI. If we do not get a block there is no return. This is like buying a lottery ticket, you may win, and you may not win.

But better chances then the lotto, with 24Hrs of rental time the miners of the network have on average 144 chances of hitting a block, it comes down to hashpower and luck, renting big power for long periods of time is expensive by yourself that is why this service exists so it takes some of the risk out with others throwing into the pot together to achieve the same goal.
legendary
Activity: 2212
Merit: 1118
Lie down. Have a cookie
Can you explain me how will it work?
I mean suppose I am investing 0.05 BTC here. So what are the chances of getting ROI and in how many days will it reach ROI?
And what percentage of shares will be distributed to each investor after a block is solved?

Also how about using that address 1FuL4PkG4MWGEh6JzUzu25CK67LVMyPbYX externally as worker by me on ck pool with my miners? What will be the subsidy then? Wink
This is more gambling, but it requires people to invest to pool money together to rent mining rigs. We then point the mining rigs at http://solo.ckpool.org/

So say 10 people invest 0.05 each, we rent some rigs and find a block. The block will be divided equally among each person that has a share. If we get a block, then you ROI. If we do not get a block there is no return. This is like buying a lottery ticket, you may win, and you may not win.


Edit: Updated the OP, trying to work on creating a cleaner format for users.
hero member
Activity: 784
Merit: 502
Can you explain me how will it work?
I mean suppose I am investing 0.05 BTC here. So what are the chances of getting ROI and in how many days will it reach ROI?
And what percentage of shares will be distributed to each investor after a block is solved?

Also how about using that address 1FuL4PkG4MWGEh6JzUzu25CK67LVMyPbYX externally as worker by me on ck pool with my miners? What will be the subsidy then? Wink
legendary
Activity: 2212
Merit: 1118
Lie down. Have a cookie
Our order is looking good currently, luckily the bigger orders have calmed down.
We have 0.355 left, hopefully we can do it Cheesy

legendary
Activity: 1414
Merit: 1001
To weird to live To rare to die
please give us a bump on the thread when you start hashing Smiley

Also for extra luck I'd like to point my sp20, should I just input the btcaddress.whatever or do I have to create an account?

Cheers !
were hashing again
hero member
Activity: 628
Merit: 504
please give us a bump on the thread when you start hashing Smiley

Also for extra luck I'd like to point my sp20, should I just input the btcaddress.whatever or do I have to create an account?

Cheers !
legendary
Activity: 2212
Merit: 1118
Lie down. Have a cookie
Bitcoin Network difficulty has gone up from 120G to 144G, Hopefully our group gets very, very, very lucky.

indeed
Reason why I held over the start time a bit, we would be paying .0045 instead of .0038 Tongue
member
Activity: 66
Merit: 10
Bitcoin Network difficulty has gone up from 120G to 144G, Hopefully our group gets very, very, very lucky.

indeed
hero member
Activity: 756
Merit: 500
Bitcoin Network difficulty has gone up from 120G to 144G, Hopefully our group gets very, very, very lucky.
legendary
Activity: 1414
Merit: 1001
To weird to live To rare to die
What happened to the prices at nicehash Huh

Edit : never mind I was looking at scrypt, to much to drink tonight Tongue
legendary
Activity: 1554
Merit: 1001
Just my older rigs, about 1TH give or take.

I see, maybe I haven't read or seen it, but why is the main one hashing so low?

The master address:
http://solo.ckpool.org/users/1FuL4PkG4MWGEh6JzUzu25CK67LVMyPbYX

This is the worker that I am mining to:
http://solo.ckpool.org/workers/1FuL4PkG4MWGEh6JzUzu25CK67LVMyPbYX_BBUG1001

The BBUG1001 is an identifier for me,
"Block Breakers United Group 1 (attempt) 001"
is what it really means.

Yes.

People are buying at 0.0039 and 0.0040, I'm just waiting it out a little because there are two orders above us for a combined 2.6ph.

If the group wants to bump up the price it is possible, just slightly less mining time. If prices go down then I could drop the price a little to try and get more mining time.

Pretty much sums it up, now we wait Smiley

member
Activity: 66
Merit: 10
Just my older rigs, about 1TH give or take.

I see, maybe I haven't read or seen it, but why is the main one hashing so low?
legendary
Activity: 1554
Merit: 1001
The ExtraLuck workers on the statistics page are my own personal miners that I have pointed to the Group#1 address for "Extra Luck" Grin

how much are you pointing at it?

Just my older rigs, about 1TH give or take.
member
Activity: 66
Merit: 10
The ExtraLuck workers on the statistics page are my own personal miners that I have pointed to the Group#1 address for "Extra Luck" Grin

how much are you pointing at it?
legendary
Activity: 1554
Merit: 1001
The ExtraLuck workers on the statistics page are my own personal miners that I have pointed to the Group#1 address for "Extra Luck" Grin
legendary
Activity: 2212
Merit: 1118
Lie down. Have a cookie
Yes.

People are buying at 0.0039 and 0.0040, I'm just waiting it out a little because there are two orders above us for a combined 2.6ph.

If the group wants to bump up the price it is possible, just slightly less mining time. If prices go down then I could drop the price a little to try and get more mining time.
Cool, I understand thanks for the update.
No problem. Looking at the numbers, if you add 0.0001 to the prices, you lose about a half hour with our funds and our current hashrate.
legendary
Activity: 1414
Merit: 1001
To weird to live To rare to die
Hi, I'm from the german team.
I wish you all the best I can. I tell you, it's fu**ing exciting ;-)
I hope you get a few blocks...
Danke Schoen!!!!
legendary
Activity: 1414
Merit: 1001
To weird to live To rare to die
{"hashrate1m": "78.9G", "hashrate5m": "105G", "hashrate1hr": "13.8T", "hashrate1d": "11.1T", "hashrate7d": "1.78T", "lastupdate": 1454889921, "workers": 7, "shares": 255633653, "bestshare": 433477068.47640938, "bestever": 433477068, "worker": [{"hashrate1m": "0", "hashrate5m": "0", "hashrate1hr": "18", "hashrate1d": "1.23K", "hashrate7d": "1.44K", "lastupdate": 1454889921, "shares": 1000, "bestshare": 1365.5312884080506, "bestever": 1365, "workername": "1FuL4PkG4MWGEh6JzUzu25CK67LVMyPbYX.BBUG1001"}, {"hashrate1m": "0", "hashrate5m": "0", "hashrate1hr": "0", "hashrate1d": "0", "hashrate7d": "0", "lastupdate": 1454889921, "shares": 0, "bestshare": 0.0, "bestever": 0, "workername": "1FuL4PkG4MWGEh6JzUzu25CK67LVMyPbYX"}, {"hashrate1m": "0", "hashrate5m": "15.6K", "hashrate1hr": "13.6T", "hashrate1d": "11.1T", "hashrate7d": "1.78T", "lastupdate": 1454889921, "shares": 255598653, "bestshare": 433477068.47640938, "bestever": 433477068, "workername": "1FuL4PkG4MWGEh6JzUzu25CK67LVMyPbYX_BBUG1001"}, {"hashrate1m": "1.87G", "hashrate5m": "23G", "hashrate1hr": "12.6G", "hashrate1d": "641M", "hashrate7d": "92.2M", "lastupdate": 1454889921, "shares": 13000, "bestshare": 16724.210887827016, "bestever": 16724, "workername": "1FuL4PkG4MWGEh6JzUzu25CK67LVMyPbYX.ExtraLuck1"}, {"hashrate1m": "2.74G", "hashrate5m": "16.7G", "hashrate1hr": "6.99G", "hashrate1d": "345M", "hashrate7d": "49.7M", "lastupdate": 1454889921, "shares": 8000, "bestshare": 37614.879412932729, "bestever": 37614, "workername": "1FuL4PkG4MWGEh6JzUzu25CK67LVMyPbYX.ExtraLuck2"}, {"hashrate1m": "74.1G", "hashrate5m": "56.6G", "hashrate1hr": "12.7G", "hashrate1d": "594M", "hashrate7d": "85.2M", "lastupdate": 1454889921, "shares": 13000, "bestshare": 7109.488711415901, "bestever": 7109, "workername": "1FuL4PkG4MWGEh6JzUzu25CK67LVMyPbYX.ExtraLuck3"}]}


  Huh We are far off the 150T mark

Edit: I missed your post about waiting in line for rentals
legendary
Activity: 1848
Merit: 1000
Yes.

People are buying at 0.0039 and 0.0040, I'm just waiting it out a little because there are two orders above us for a combined 2.6ph.

If the group wants to bump up the price it is possible, just slightly less mining time. If prices go down then I could drop the price a little to try and get more mining time.
Cool, I understand thanks for the update.
legendary
Activity: 2212
Merit: 1118
Lie down. Have a cookie
The master address:
http://solo.ckpool.org/users/1FuL4PkG4MWGEh6JzUzu25CK67LVMyPbYX

This is the worker that I am mining to:
http://solo.ckpool.org/workers/1FuL4PkG4MWGEh6JzUzu25CK67LVMyPbYX_BBUG1001

The BBUG1001 is an identifier for me,
"Block Breakers United Group 1 (attempt) 001"
is what it really means.

and thanks Nthused
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