i have an idea for a new kind of solo pool

nonbody

hero member

Activity: 826

Merit: 501

2local[IEO] - https://2local.io/

Quote from: philipma1957 on September 18, 2015, 07:05:14 AM

At op just look at what has been done here:

https://bitcointalksearch.org/topic/sidehack-stick-solo-pool-club-1177508

this is close to what you want.

I limited it to sidehack usb stick buyers, but you don't have to do that.

The biggest problem with the style I did is you need an honest person in case the pool hits a block.

This type of club is helpful for a guy with small hash say under 200gh.

I do suggest that you try to get over 1th.

Here is a good way to see what 1 th gives you as a chance.

https://bitcoinwisdom.com/bitcoin/difficulty

Difficulty: BTC/USD:
KH/s
MH/s
GH/s
TH/s ---- 1.00
BTC/hour - 0.0003532
BTC/day - 0.008476
BTC/week -0.05933
BTC/month - 0.2543 this is 1/100 of a block so if diff was frozen your pool is 100 to 1 for a block in 1 month with normal luck
USD/hour
USD/day
USD/week
USD/month

10th means your pool is 10 to 1 for a block in 1 month with normal luck

100th means your pool should hit 1 block a month with normal luck

thats fucking awesome, would ck be intrested in trying out another solo pool not just for side hack sticks?
i am quite surprised someone else had thought about this and gone a done it Cheesy

philipma1957

legendary

Activity: 4326

Merit: 8950

'The right to privacy matters'

At op just look at what has been done here:

https://bitcointalksearch.org/topic/sidehack-stick-solo-pool-club-1177508

this is close to what you want.

I limited it to sidehack usb stick buyers, but you don't have to do that.

The biggest problem with the style I did is you need an honest person in case the pool hits a block.

This type of club is helpful for a guy with small hash say under 200gh.

I do suggest that you try to get over 1th.

Here is a good way to see what 1 th gives you as a chance.

https://bitcoinwisdom.com/bitcoin/difficulty

Difficulty: BTC/USD:
KH/s
MH/s
GH/s
TH/s ---- 1.00
BTC/hour - 0.0003532
BTC/day - 0.008476
BTC/week -0.05933
BTC/month - 0.2543 this is 1/100 of a block so if diff was frozen your pool is 100 to 1 for a block in 1 month with normal luck
USD/hour
USD/day
USD/week
USD/month

10th means your pool is 10 to 1 for a block in 1 month with normal luck

100th means your pool should hit 1 block a month with normal luck

Meuh6879

legendary

Activity: 1512

Merit: 1012

P2P ressources are free ... to use. Grin

But to download, you must upload (normally).

Bitcoin network is not different from file sharing, if you want spend, you must have nodes AND miners.

BeastBTC

sr. member

Activity: 308

Merit: 250

I'm A Beast!

Quote from: Meuh6879 on September 15, 2015, 06:53:39 PM

instead of reinvented the wheel ... use the P2Pool.
minimal decent speed : 400GH/s to earn bitcoins rapidly.

but you can mine with what you like ... free money, free world, free ... ressource.

Taking economics classes for businesses, nothing is ever free, someone always pays

Meuh6879

legendary

Activity: 1512

Merit: 1012

instead of reinvented the wheel ... use the P2Pool.
minimal decent speed : 400GH/s to earn bitcoins rapidly.

but you can mine with what you like ... free money, free world, free ... ressource.

BeastBTC

sr. member

Activity: 308

Merit: 250

I'm A Beast!

So its like a semi-private pool. Nice idea, but goto about 100 TH/s max, otherwise its almost impossible to be profitable.

If interested, I can setup a pool for this, feel free to get in contact with me. I would like to talk more!

nonbody

hero member

Activity: 826

Merit: 501

2local[IEO] - https://2local.io/

due to bitcoins high difficulty solo mining is "slightly" unprofitable unless you have a lucky charm. and mining in a pool gets a bit boring.
so my idea is to fuse the 2 ideas, purely for small miners. simply put make a limited pool for lets say 1 th, this 1 th made up of how ever many miners will solo mine and if they find a block they get a very large reward, this is more a idea for small miners

anyone like this idea

Topic: i have an idea for a new kind of solo pool (Read 1024 times)