Topic: How do I buy a block to my address ? (Read 3442 times)

Well you never physically see the machines, so I assume why not?

Unless you break it down to where cloud mining, they "normally" pay you over time after you invest.

But with rented hash you normally get to choose where your hash goes.

Can hash renting services be termed as cloud mining ?

Congratulations on being lucky. Works in favor of the cloud mining site in the long run though, which apparently is really hard to understand for some people.

We had a solo group renting hash with phil, we got two blocks after a couple of attempts, was like attempt 3 or four. i think we got a tiny bit more than when we started.

Simple statistics ... only the rental company charging a % fee is expected to make money out of it.

Block finding is random, so of course some win and some lose, but it will average out to only the rental company making a profit.

Oddly enough, that is blatantly obvious, but it doesn't seem to stop people renting ... ... ...

Has anyone ever made a profit by renting from westhash and mining at solo.ckpool or only the miners at westhash make the money?

For 0.5BTC per block in addition to my usual fee of 0.125 I could set up a private node for you to mine to with whatever signature you want, but you'd have to find the hashrate to mine at it with, so renting from MRR or westhash etc. It also won't tag it as "your block" on blockchain.info or blocktrail.com so you'd have to find a way to tell them it is your block using their API

Probably the easiest way to do it, as I don't think many if any pool operators (me included) would do it sorry.

Run your own node, and sign the coinbase to what you want. Only downside is how much you will have to spend on renting hash to get a block.

I'd say just rent out 5PH from westhash and mine against your own node.

LoLz. True. It is like people believe they own a lot of asset till they are charged under civil asset forfeiture.

I don't get it. Why would a China pool need that info? Why would they care who is paying them 25+ bitcoins in order to have their name on a mined block in the blockchain? Not everyone lives in USA!

Also how is that different than normal mining where people pay with their hashrate? Here the guy is paying with bitcoins.


Pay the blockchain web site 0.5 BTC to help you with that then


True, but for him it does. Why ruin his wet dream?


People have too many BTC.

Paying 0.5 BTC to write his name on blockchain and no one is taking up this offer? Well, I'll take it.

@OP Just let me know if you are OK with a non-bitcoin blockchain?

Other than I wouldn't do it anyway, you also missed the point of the issue of his post.

To actually have your name on "a" blockchain web site is not exactly the same thing as mining a block.
It means 2 things:
1) You find blocks and have some unique identifier in them
2) "a" blockchain web site allows you to identify those blocks as "yours"

So to do that, the miner would have to identify blocks differently to how they normally do.
Then "a" blockchain web site would have to allow a change to add the extra identification for those blocks.
This 2nd point I doubt "a" blockchain web site would do for one block.

The block contents, and the string shown on "a" blockchain web site, are not the same thing.
It's a translation.

It also does NOT mean that someone "owns" a block.

For my pool it actually has my "name" in it and on most blockchain web sites.
I think I'm the only one also so far

Just make sure you collect a ton of information on who he is *exactly*, including tax identification, because otherwise you've just been an accomplice in money laundering.  And good luck defending yourself on that, when somebody paid you money just so you could give them a lesser amount of different money back.

Why not if he is ready to pay for this? Charge him 26-27-28-whatever and provide him what he wants. Or you don't want his coins?

We sold a few blocks in our early ages. The service is no longer available as the latest pool software upgrade had the mining address hardcoded to increase efficiency.

[2013-06-08] Block 240451, sold for 27 BTC, coinbase “Block of Kuroneko Minted by oCaUQ”
[2013-06-10] Block 240800, sold for 27 BTC, coinbase “五更瑠璃 御坂美琴 逢坂大河 小鳥遊六花 千反田える”
[2013-09-18] Block 258692, 258712, 258742 was mined to 1LoveYoURwCeQu6dURqTQ7hrhYXDA4eJyn, coinbase “To my honey, by bitfish”
[2013-12-15] Block 275052 was mined to 1sfminER57n9d5jUa6a915SJZ8SgHieWg, coinbase “Each 1mBTC in this block represents one of the 25000 shares issued by sfminer.com”
[2014-05-08] Block 299665, 299666 was mined to 1LoveYoURwCeQu6dURqTQ7hrhYXDA4eJyn, coinbase “执子之手，与子偕老。神鱼 to 冬冬”

I would be pretty surprised if any of the pools would mess around with this even if you paid multiple BTC over the regular block fee.   I think you would have to pay much more then you are thinking how you were talking about .5 BTC.

If you are serious and make your own pool, and rent hash it could be done.  But again it is pricey and not guaranteed.

Ahh!  Now we know what you meant .

All of the block explorers determine the "block owner" as you call it through a series of checks against known parameters.  For example, the coinbase signature might have some string in it identifying the pool (like I showed in my earlier post).  Another way to check is by the BTC address in the coinbase transaction.  You can find a JSON file that blockchain.info uses here on github: https://github.com/blockchain/Blockchain-Known-Pools/blob/master/pools.json

The thing that really needs to be pointed out here is that there is no "owner" concept as you are implying.  AntPool doesn't own block 374990.  It just happens that a miner connected to AntPool happened to find a share that satisfied the network difficulty and the transaction set he solved was added as the newest block on the chain.  As part of the block creation, the generation transaction (the one that describes how to distribute the current block reward) has instead of a typical "scriptsig" a "coinbase".  In there you can pretty much put whatever you want - which is what pools sometimes do to identify themselves.  So, in the case of block 374990, the coinbase transaction puts the following:

Using a hex decoder, you end up with this:

So... finally what this means to you.  If you want the block explorers to recognize "Pool Murdoch" you must provide them some way to identify blocks found by you.  Then, they have to agree to add your pool to whatever algorithms they use to figure out who mined the block (for blockchain.info, it's that pools.json file I linked to earlier).  Then, you just need to find a block .

Wont happen.

(and using a stupid username wont help either)

For that, you'd have to contact the site in question - e.g. blockchain.info / blocktrail.com / blockr.io - and get them to add your address and/or coinbase scriptSig (see previous post) specifically.  Most of them only really deal with recurring addresses, coinbase scriptSigs or other such information, rather than adding that information for every single individual miner that might find a block once in a blue moon.