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Topic: How do I buy a block to my address ? - page 2. (Read 3416 times)

newbie
Activity: 44
Merit: 0
September 17, 2015, 05:24:30 PM
#24
Once again I'm not sure what you mean by "owning" a block as it makes no sense.

If you open blockchain.info now, you'll find something like this...

374990 - AntPool
374989 - KnCMiner
374988 - F2Pool

This is what I mean by owning a block. For the block I'll buy/find, my name will be written instead of AntPool, KnCMiner or F2Pool.
hero member
Activity: 686
Merit: 500
FUN > ROI
September 17, 2015, 02:38:56 PM
#23
This seems to be a nice idea. Block explorers will show whom as the owner of blocks found this way? Pool Murdoch or solo.ckpool?
Block explorers would show them as solo.ckpool based on the coinbase output addresses and/or the coinbase scriptSig.

Example:
Block 374057: https://www.blocktrail.com/BTC/block/000000000000000000490453ff4e5920efd93c78e5260c899837f50660d8326d
Coinbase transaction: https://www.blocktrail.com/BTC/tx/639897c64407472136a3fea7980dfe1d9b489c66f290436ae4b662ea7482c712

Output 1, the solo miner: 1bziSGvR4a8ogVbR4JNG5D7pFAZFgpADX (25.20362442)
Output 2, solo.ckpool's fee: 1PKN98VN2z5gwSGZvGKS2bj8aADZBkyhkZ (0.12665137)

decoded scriptSig: )µ¬æòUhÌl ÙŽq¨Ö˜ ckpool!BIP100/BV2000000/solo.ckpool.org/
legendary
Activity: 1344
Merit: 1024
Mine at Jonny's Pool
September 17, 2015, 02:34:07 PM
#22
If you point the rented hash at ck.'s pool, if you happen to be the lucky block finder, the coinbase signature will indeed state the block was found by ck.'s pool:
Code:
0336b40500049306f155046aea57260c0e8c8d7157b20100000000000a636b706f6f6c214249503130302f4256323030303030302f736f6c6f2e636b706f6f6c2e6f72672f
6´“ñUjêW& Œ�qW² ckpool!BIP100/BV2000000/solo.ckpool.org/

I know that when he first started the solo pool thing, he spun up some instances for private entities.  Not sure if he's still willing to do so, or if he'd be willing to alter the coinbase sig to mention Pool Murdoch (or whatever you want).  You'd have to get it straight from his mouth (or keyboard as the case may be Smiley ).
legendary
Activity: 1078
Merit: 1024
September 17, 2015, 02:32:37 PM
#21
EDIT: I re-read your ask from the OP.  Yeah... good luck with that.  No pool is going to change their payout address to be yours.  The best you could hope for is what I wrote - the pool altering their coinbase signature for a block.
Why not ? I'm ready to pay a premium for that. Say, the pool gets 25.5 BTC for a block. If they mine it to my given address, I'll give them 26 BTC. So, they can always distribute the share to their miners and keep a nice profit on top.
What do you mean "why not?" Are you truly that daft?  Here's an idea: if you want 25 newly minted coins, and you're willing to pay a premium, why not just spend the coin renting enough hash power from somewhere like nicehash or MRR and point that power to ck.'s solo pool?  Spend enough coin and you'll eventually find a block that is all yours.
This seems to be a nice idea. Block explorers will show whom as the owner of blocks found this way? Pool Murdoch or solo.ckpool?

It should show the pool's name. Some pools distribute the payment directly to addresses (ex. Eligius, link is a block payout https://blockchain.info/block/00000000000000000c5687e998a7c042d21504f4d296038e63041132e8545fba
and https://blockchain.info/tx/3457eee8446ab9aa4dbf173388a480480798d9521e364ea42f4837720769d7e4 for the specific payout transaction).

Once again I'm not sure what you mean by "owning" a block as it makes no sense.
newbie
Activity: 44
Merit: 0
September 17, 2015, 01:52:58 PM
#20
EDIT: I re-read your ask from the OP.  Yeah... good luck with that.  No pool is going to change their payout address to be yours.  The best you could hope for is what I wrote - the pool altering their coinbase signature for a block.
Why not ? I'm ready to pay a premium for that. Say, the pool gets 25.5 BTC for a block. If they mine it to my given address, I'll give them 26 BTC. So, they can always distribute the share to their miners and keep a nice profit on top.
What do you mean "why not?" Are you truly that daft?  Here's an idea: if you want 25 newly minted coins, and you're willing to pay a premium, why not just spend the coin renting enough hash power from somewhere like nicehash or MRR and point that power to ck.'s solo pool?  Spend enough coin and you'll eventually find a block that is all yours.
This seems to be a nice idea. Block explorers will show whom as the owner of blocks found this way? Pool Murdoch or solo.ckpool?
newbie
Activity: 44
Merit: 0
September 15, 2015, 03:37:22 PM
#19
EDIT: I re-read your ask from the OP.  Yeah... good luck with that.  No pool is going to change their payout address to be yours.  The best you could hope for is what I wrote - the pool altering their coinbase signature for a block.
Why not ? I'm ready to pay a premium for that. Say, the pool gets 25.5 BTC for a block. If they mine it to my given address, I'll give them 26 BTC. So, they can always distribute the share to their miners and keep a nice profit on top.
Right .....

So what you means is?
Quote
"Hey someone give me a block ... and I promise I'll give you back more than a block ... I may be a new unknown account but yeah you can trust me right?"

Unfortunately for you, in the BTC world no one who can find a block is silly enough to consider that.

Not really. We can easily use third party escrow websites like LocalBitcoins.com, 100bit.co.in or PaxFul.com.
hero member
Activity: 686
Merit: 500
FUN > ROI
September 15, 2015, 06:07:07 AM
#18
Yeah, I did say shared.

Other solo mining solutions - e.g. bitsolo or solo.ckpool - have the reward split between you and the pool operator(s).  If that's okay, then check out solutions like that.

If somebody wanted perfectly clean coins without association (and yes, this would also mean dropping custom scriptSigs), then that wouldn't do.
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
September 15, 2015, 05:40:50 AM
#17
...
Because those solo pools' blocks are shared;
If you find a block, 99.5% of the 25BTC + transaction fees get generated directly at your bitcoin address!
...
The coinbase transaction still goes directly to the address.
A mined coinbase can go to 1 or many addresses - it's still the same.
hero member
Activity: 686
Merit: 500
FUN > ROI
September 15, 2015, 05:22:08 AM
#16
if you want 25 newly minted coins, and you're willing to pay a premium, why not just spend the coin renting enough hash power from somewhere like nicehash or MRR and point that power to ck.'s solo pool?

Because those solo pools' blocks are shared;
If you find a block, 99.5% of the 25BTC + transaction fees get generated directly at your bitcoin address!

That's why he'd probably have to actually solo mine against his own node.  Unless he wanted to pay a pool operator BTC26 up front, trusting them completely (in lieu of an escrow service), and wait around until that pool finds the block with it paid out in full to his address of choice.

As it is, there's only a few services where you can buy 'clean' coins; Hedgy's MBP contract and BlockTrail Mint, for example, but they're still intermediaries (e.g. BlockTrail's is Miner -> Mint -> You)
staff
Activity: 3458
Merit: 6793
Just writing some code
September 14, 2015, 11:12:28 PM
#15
EDIT: I re-read your ask from the OP.  Yeah... good luck with that.  No pool is going to change their payout address to be yours.  The best you could hope for is what I wrote - the pool altering their coinbase signature for a block.
Why not ? I'm ready to pay a premium for that. Say, the pool gets 25.5 BTC for a block. If they mine it to my given address, I'll give them 26 BTC. So, they can always distribute the share to their miners and keep a nice profit on top.
Right .....

So what you means is?
Quote
"Hey someone give me a block ... and I promise I'll give you back more than a block ... I may be a new unknown account but yeah you can trust me right?"

Unfortunately for you, in the BTC world no one who can find a block is silly enough to consider that.
He could put that amount in escrow or send it first.
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
September 14, 2015, 11:10:15 PM
#14
What do you mean "why not?" Are you truly that daft?  Here's an idea: if you want 25 newly minted coins, and you're willing to pay a premium, why not just spend the coin renting enough hash power from somewhere like nicehash or MRR and point that power to ck.'s solo pool?  Spend enough coin and you'll eventually find a block that is all yours.
Nah, he just thinks we're that daft that we'd give him free money. See Kano's post above this which is spot on.
legendary
Activity: 1344
Merit: 1024
Mine at Jonny's Pool
September 14, 2015, 08:45:10 PM
#13
EDIT: I re-read your ask from the OP.  Yeah... good luck with that.  No pool is going to change their payout address to be yours.  The best you could hope for is what I wrote - the pool altering their coinbase signature for a block.
Why not ? I'm ready to pay a premium for that. Say, the pool gets 25.5 BTC for a block. If they mine it to my given address, I'll give them 26 BTC. So, they can always distribute the share to their miners and keep a nice profit on top.
What do you mean "why not?" Are you truly that daft?  Here's an idea: if you want 25 newly minted coins, and you're willing to pay a premium, why not just spend the coin renting enough hash power from somewhere like nicehash or MRR and point that power to ck.'s solo pool?  Spend enough coin and you'll eventually find a block that is all yours.
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
September 14, 2015, 07:31:52 PM
#12
EDIT: I re-read your ask from the OP.  Yeah... good luck with that.  No pool is going to change their payout address to be yours.  The best you could hope for is what I wrote - the pool altering their coinbase signature for a block.
Why not ? I'm ready to pay a premium for that. Say, the pool gets 25.5 BTC for a block. If they mine it to my given address, I'll give them 26 BTC. So, they can always distribute the share to their miners and keep a nice profit on top.
Right .....

So what you means is?
Quote
"Hey someone give me a block ... and I promise I'll give you back more than a block ... I may be a new unknown account but yeah you can trust me right?"

Unfortunately for you, in the BTC world no one who can find a block is silly enough to consider that.
legendary
Activity: 1078
Merit: 1024
September 14, 2015, 02:32:16 PM
#11
EDIT: I re-read your ask from the OP.  Yeah... good luck with that.  No pool is going to change their payout address to be yours.  The best you could hope for is what I wrote - the pool altering their coinbase signature for a block.
Why not ? I'm ready to pay a premium for that. Say, the pool gets 25.5 BTC for a block. If they mine it to my given address, I'll give them 26 BTC. So, they can always distribute the share to their miners and keep a nice profit on top.

Sure, but I don't get what you mean by "owning" a block.
The only logical reason to do what you want is to get clean coins.
Pools will have trouble explaining/setting up your payment.
newbie
Activity: 44
Merit: 0
September 14, 2015, 02:06:21 PM
#10
EDIT: I re-read your ask from the OP.  Yeah... good luck with that.  No pool is going to change their payout address to be yours.  The best you could hope for is what I wrote - the pool altering their coinbase signature for a block.
Why not ? I'm ready to pay a premium for that. Say, the pool gets 25.5 BTC for a block. If they mine it to my given address, I'll give them 26 BTC. So, they can always distribute the share to their miners and keep a nice profit on top.
full member
Activity: 234
Merit: 100
September 14, 2015, 01:11:48 PM
#9
What do you mean "own a block"?  I'm assuming you want to throw some message into the coinbase signature to tell the world that this block is yours?  I swear one of the Chinese pools lets you bid on whats in the coinbase signature...
I think he wants bitcoins without any transaction history, newly generated coins that can't be tracked from where he got them
legendary
Activity: 1344
Merit: 1024
Mine at Jonny's Pool
September 14, 2015, 01:05:15 PM
#8
What do you mean "own a block"?  I'm assuming you want to throw some message into the coinbase signature to tell the world that this block is yours?  I swear one of the Chinese pools lets you bid on whats in the coinbase signature...

EDIT: I re-read your ask from the OP.  Yeah... good luck with that.  No pool is going to change their payout address to be yours.  The best you could hope for is what I wrote - the pool altering their coinbase signature for a block.
newbie
Activity: 44
Merit: 0
September 14, 2015, 12:20:08 PM
#7
The only way you could do that is if you solo mine. No pool or service would want to just give you 25 BTC for solving the block, they want to distribute the Bitcoin.
Why not ? I'm ready to buy it for a premium. Say, the pool gets 25.5 BTC for a block. If they mine it to my given address, I'll give them 26 BTC. So, they can always distribute the share to their miners and keep a nice profit on top.
I suppose that would work. But why would you want to do that?
yeah this is a little confusing, why would you give out more than the reward?
Just wish to own a block. Nothing special. I just dont wanna go through all the cumbersome setup process. Obviously, if the demand is unreasonable, I wont be buying it.
legendary
Activity: 1848
Merit: 1000
September 14, 2015, 12:13:46 PM
#6
The only way you could do that is if you solo mine. No pool or service would want to just give you 25 BTC for solving the block, they want to distribute the Bitcoin.
Why not ? I'm ready to buy it for a premium. Say, the pool gets 25.5 BTC for a block. If they mine it to my given address, I'll give them 26 BTC. So, they can always distribute the share to their miners and keep a nice profit on top.
I suppose that would work. But why would you want to do that?
yeah this is a little confusing, why would you give out more than the reward?
staff
Activity: 3458
Merit: 6793
Just writing some code
September 14, 2015, 11:56:00 AM
#5
The only way you could do that is if you solo mine. No pool or service would want to just give you 25 BTC for solving the block, they want to distribute the Bitcoin.
Why not ? I'm ready to buy it for a premium. Say, the pool gets 25.5 BTC for a block. If they mine it to my given address, I'll give them 26 BTC. So, they can always distribute the share to their miners and keep a nice profit on top.
I suppose that would work. But why would you want to do that?
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