Next is how to spilt a block after beta.
I am thinking ½ based on equal spilt ½ based on shares earned in time frame. Based on this idea we could keep someone like aarons6 in the pool and he only gets coins from shares ½ not the stick ½ .
Size limits members in the club maybe 30 or less.
Length of a run 1 month the 11th of each month.
I think the above pushes sidehack product which I/we want to do.
We could also do something for pods when and if they come out.
Opinions needed for the above.
Also for this run from oct 11 to nov 11 I will point this miner 24/7/30
I guess now would be a good time to pickup the ideas i threw out a while back.
I had suggested max 2 shares per person. 1 for stick, 1 for donation no matter what the donation is, that way everyone still get equal share but this will incite people to donate what they can.
I am not sure if you meant half the reward go equally between stick owners and the other half is hashrate dependent. If that is the case;
I would say if there is not a too big difference in minimum and maximum given your option would be good and more rewarding for people who throw in more hash, while still worthwhile for people that can only point a bit of hash at this. Since just actively pointing a stick means getting 1/60th of 25BTC+ if we have 30 participants.
Your way may motivate more hashrate to be thrown at this, so both way would get my +1.
here is the math for the next run. for the sake of easy math 30 people in everybody has to have a stick.
lets pretend it is exactly 25 btc. plus .5 for fees so
ck has takes his fee which is .25 or .5
as I understand
this setup we would know who hit the block and the guy that hits it gets the fees. say .5 and pretend we have an even 24 coins to split
pile a 12 coins 12 coins/30 people = .4btc for each of the 30 members this part is good for a 1 stick guy
pile b 12 coins 12coins split by shares made. lest say 30 of us do 10000gh average
so my s-3 is 450gh my 20 sticks are 270gh this is 720gh/10000 or 7.2% of the 12 coins in my case .864 coins my combined amount
part a = 0.400
part b = 0.864
total = 1.264
lets say a 1 stick guy doing 10gh
part a = 0.400 12/30 if we have 30 of us
part b = 0.012 10/10000 if he averaged 10gh out of our combined 10,000th
total = 0.412
so a 1 stick guy gets 0.412
a 20 stick + s-3 guy gets 1.264
If it was by hash alone like most pools that 20 stick + s-3 guy would get 7.2% of 24 = 1.728 btc
this makes less of a penalty for him being generous
Now wait a minute suppose some wise guy rents 3 ph and points at the pool until he hits a block.
well he will get 12/30 = 0.400 from part A
and yeah he will get most of the part B maybe 11btc of the 12 . but what the fuck he would be helping us a lot since if he solo's alone he gets everything.
so this method of split I came up with is very good it helps stick guys if some one tosses tons at the pool.
It allows you to say 1 stick here and if you do this it is favorable math since other people will point extra.
It allows a guy that understand what we are trying to do spend extra hash over the sticks and still get some extra coin while helping lessor.
Worst case is every just points 1 stick and I point 20 sticks and the s-3. which means everyone gets a subsidy if we hit a block. This also means most likely we don't hit a block. But 1 stick hashing for nothing is not the end of the world.
It gives freedom of hashpower and after the beta testing I can see we can use some extra hash like an s-3 or a rental.
The guy that wants to point that s-3 or rental should get a little something. But I have to crack down a bit and be sure everyone has a stick.
Another nice part of this is part B prize money you won't lose your shares for the 30 day time period if yo go offline.
Can't do it with the sticks part A prize money on part A when you are down 1 day you drop off the prize list, but with the share count on part B they stay.
so in my case my 20 sticks and my s-3 = 720gh and lets say we are doing 10000gh I would be 7.2 % of the hash and if I stay up all the time that is the same as 7.2 % of the shares/
So I have a black out and more then a day offline we hit a block since I was offline more then a day no part a prize money.
But shares would be averaged and I may drop down to 6% of part B.
I woke up to take a leak (one of the many joys of being 58) and thought of this idea seems good. But I will read it again later.
i think i see where you are going with this..
so in simple terms..
12 bitcoins are evenly distributed to those that have at least 1 compac and 12 bitcoins are proportionally distributed basted on shares like a regular pool? so those with more then 1 compac or another miner gets slightly more?
is there an easy system in place tho to tell what the worker shares are?
i think in order for this to work, you would need one worker that has only ONE compac, and one worker to add the rest. so in your case you would one worker with 1 compac and 1 with the 19 compacs and a s3.
that way you can distribute the 12 bitcoins to the single workers and the rest of the 12 to the sub workers..
hmm one of the problems i see is the shares listed on the main user address has all of the workers included.. but since 1 compac really wont produce a lot of shares it might not hurt to just count them in part b?
sounds pretty solid.
hmm i was actually thinking, dont the shares reset after ck's solo pool finds a block? it could be hard to track.