I am glad others shares similir desires... so maybe someone notice the market demand and starts similar service.
If so, send me a note... maybe I can help with something... Not really a hardcore pool stuff, but maybe some standalone helper scripts in php/python (for example web-grabbing+parsing + emailing notifying...)
Topic: Idea: new-currency-hopper-pool (Read 855 times)
totally agree, with my laptop, can't hardly mine anything.
I will happily agree to a pool with 10% fee if it saves me the time to setup client, etc etc,
The pool will be pointing to the hottest coin of the moment...
be it the newly released one or if there's none the one with highest rate of profitability...
and the owner would have to setup many wallets, hence the high fee.
the idea it's to give everyone the chance to have a few coins of everything.
and stop those big mining rigs of getting 1000's of bit bars by working 1 day.
spread the wealth around so-to-speak...
the pool should be ddos resistant btw...
I will happily agree to a pool with 10% fee if it saves me the time to setup client, etc etc,
The pool will be pointing to the hottest coin of the moment...
be it the newly released one or if there's none the one with highest rate of profitability...
and the owner would have to setup many wallets, hence the high fee.
the idea it's to give everyone the chance to have a few coins of everything.
and stop those big mining rigs of getting 1000's of bit bars by working 1 day.
spread the wealth around so-to-speak...
the pool should be ddos resistant btw...
I would pay up to 5% fee for such a pool and put al my hashing power on it.
how do you get your 'software' to recognize a new alt-coin
My idea was manually by server operator. He can automate some parts of it but some work would be probably required. Idea is that one man and few scripts can do work for the rest of pool users...
About that "switch from sha256 to scrypt"... How about this: "pool" can consists of 2 pools - one for sha256 and one for scrypt. Miners will mine at both of them, but based on current coin one will be always down...
Or any other working solution... definitively feasible...
Nah, the pool should have two servers. One that is always doing sha256 and one that is always doing scrypt. So you choose which by what port-number you connect to. You can then either set your mining software to mine at one of them or to switch every now and then.
While you're setting that up can you make me an altcoin generator bot? I need it to select from a random set of options (SHA256/scrypt) (block reward) (starting difficulty) (PoS/PoS+PoW) (____coin/____bar/_____geld/etc.)
After setting up the currency it should upload it to github or somewhere similar, install, post an announcement thread and mine like crazy for 6-24 hours before repeating the cycle. Thanks in advance.
After setting up the currency it should upload it to github or somewhere similar, install, post an announcement thread and mine like crazy for 6-24 hours before repeating the cycle. Thanks in advance.
In between starting new ones it should direct the pool to 51% attack the coin from two iterations ago so that the market is ripe for a new one but you've had time to dump all the pools coins.
I wrote CryptoSwitcher to do something like this locally (see the link in my sig).
I have been thinking about the difficulties of doing something like what you suggest for a while now though, and implementing CryptoSwitcher as a service. Two instances of CGminer would have to be run locally, as you have already identified. In addition to that, most people use different clocks for Scrypt and SHA256 coins. Allowing a remote service to set your clocks is a recipe for disaster, so most people would have to either accept inefficient clocks for mining SHA256 coins, or run an additional daemon locally to switch clocks as required.
The difference between what you suggest and what I'm suggesting is that the theoretical service I have in mind is one that switches you between pools mining the different altcoins. You are suggesting a single pool that runs pools for all possible coins, and changes the work fed to the miners. My interpretation is easier for the operator, in that he doesn't have to do all of the heavy lifting, but your interpretation is certainly easier for miners.
I have been thinking about the difficulties of doing something like what you suggest for a while now though, and implementing CryptoSwitcher as a service. Two instances of CGminer would have to be run locally, as you have already identified. In addition to that, most people use different clocks for Scrypt and SHA256 coins. Allowing a remote service to set your clocks is a recipe for disaster, so most people would have to either accept inefficient clocks for mining SHA256 coins, or run an additional daemon locally to switch clocks as required.
The difference between what you suggest and what I'm suggesting is that the theoretical service I have in mind is one that switches you between pools mining the different altcoins. You are suggesting a single pool that runs pools for all possible coins, and changes the work fed to the miners. My interpretation is easier for the operator, in that he doesn't have to do all of the heavy lifting, but your interpretation is certainly easier for miners.
While you're setting that up can you make me an altcoin generator bot? I need it to select from a random set of options (SHA256/scrypt) (block reward) (starting difficulty) (PoS/PoS+PoW) (____coin/____bar/_____geld/etc.)
After setting up the currency it should upload it to github or somewhere similar, install, post an announcement thread and mine like crazy for 6-24 hours before repeating the cycle. Thanks in advance.
After setting up the currency it should upload it to github or somewhere similar, install, post an announcement thread and mine like crazy for 6-24 hours before repeating the cycle. Thanks in advance.
I think Scrypt will be enough for a launch of such a pool.
When it runs well, SHA256 could be added.
To be honest, how many SHA256 coins are profitable for GPU-miners?
When it runs well, SHA256 could be added.
To be honest, how many SHA256 coins are profitable for GPU-miners?
how do you get your 'software' to recognize a new alt-coin
My idea was manually by server operator. He can automate some parts of it but some work would be probably required. Idea is that one man and few scripts can do work for the rest of pool users...
About that "switch from sha256 to scrypt"... How about this: "pool" can consists of 2 pools - one for sha256 and one for scrypt. Miners will mine at both of them, but based on current coin one will be always down...
Or any other working solution... definitively feasible...
Can someone create some new-currency-hopper-pool?
I would love to point my rig to one pool that automatically mines the newest coin out there.
So we wouldn't need to check forum 4x a day, installing new untrusted clients and setup miner in time-press...
We would just check the pool once a month to see those new currencies and our new coins...
I would accept big fees to compensate pool operator's work...
I would love to point my rig to one pool that automatically mines the newest coin out there.
So we wouldn't need to check forum 4x a day, installing new untrusted clients and setup miner in time-press...
We would just check the pool once a month to see those new currencies and our new coins...
I would accept big fees to compensate pool operator's work...
I don't think any softwares can switch from sha256 to scrypt so it would limiit you to half the coins
it is pretty easy to do that, just do an api call to shutdown the miner, restart it with proper hashing mode and pool data from your software.
However... the most challenging part is... how do you get your 'software' to recognize a new alt-coin, not to mention, setup pool or solo mining???
Can someone create some new-currency-hopper-pool?
I would love to point my rig to one pool that automatically mines the newest coin out there.
So we wouldn't need to check forum 4x a day, installing new untrusted clients and setup miner in time-press...
We would just check the pool once a month to see those new currencies and our new coins...
I would accept big fees to compensate pool operator's work...
I would love to point my rig to one pool that automatically mines the newest coin out there.
So we wouldn't need to check forum 4x a day, installing new untrusted clients and setup miner in time-press...
We would just check the pool once a month to see those new currencies and our new coins...
I would accept big fees to compensate pool operator's work...
I don't think any softwares can switch from sha256 to scrypt so it would limiit you to half the coins
Can someone create some new-currency-hopper-pool?
I would love to point my rig to one pool that automatically mines the newest coin out there.
So we wouldn't need to check forum 4x a day, installing new untrusted clients and setup miner in time-press...
We would just check the pool once a month to see those new currencies and our new coins...
I would accept big fees to compensate pool operator's work...
I would love to point my rig to one pool that automatically mines the newest coin out there.
So we wouldn't need to check forum 4x a day, installing new untrusted clients and setup miner in time-press...
We would just check the pool once a month to see those new currencies and our new coins...
I would accept big fees to compensate pool operator's work...
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