Bitcoin Forum

Greetings, Miners!

So, I've decided to celebrate having the majority of the code for the new CPPSRB reward system complete, and I've decide to do so by having a contest/sweepstakes.

Starting now, for the next five blocks mined by Eligius I will reward the miner who submitted the block winning share 1 BTC directly to their mining address as soon as the block reaches 120 confirmations. (So, orphaned blocks won't count, sorry.)  

This will be out of my own pocket, so, no pool funds are involved.  This contest will involve all active miners on Eligius, new and old.  So, feel free to jump in any time!  Miners will obviously still be rewarded normally under CPPSRB (0% fee maximum PPS style reward system which favors active miners) in addition to any reward from this contest.

If the same miner mines more than one of the five blocks, I'll throw in a bonus for them.

Also!  In addition to a reward for the miner of the block, for every lucky block in these 5 blocks (ie, a block that takes less shares than the current network difficulty) I will throw in a small reward for the top 10 miners with the highest hashrates averaged over the entire round.

So, lets sum things up:

• The contest is valid for the next five blocks mined by the Eligius Pool (height > 208091)
• The miner submitting the share which wins one of these blocks will be paid an additional 1 BTC
• If any individual miner finds more than one of these five blocks, I will throw in a small undisclosed bonus reward.
• If one more of these blocks counts as a lucky round, I will reward the top 10 miners (based on average hashrate for the entire round) all with a small undisclosed reward.
• These rewards will only be paid once when the block reaches 120 confirmations.  Orphaned/stale blocks will not count towards these five blocks.
• The contest funds are not from the pool.  They are directly from wizkid057's wallet.  All payment transaction IDs will be publicly posted here.
• All miners are included in this contest unless they explicitly request via signed message that they would not like to participate.
• Eligius share database will be the final record for determining these rewards.  Most information available on the stats pages.
• Essentially, if there are any arguments about any of this, I have the final say.

So, point your miners to http://mining.eligius.st:8337/ , use a bitcoin address of yours as your username and anything for a password, and join in now!

Happy mining!

-wk

(placeholder for status of contest)

• Block #1 - Won by 1KAMW66ZUeGLEAiPtV5tzR93TW4ZBm7KF1 - Prize Sent (txn (https://blockchain.info/tx-index/33428910/9698856fa2bcaf91316a29cd2c8adbf93debae8ffb92a91842c1dda63699ec37))
• Block #2 - Won by 14sC8BquZqiQhazeZLGWoxWZgWx4XLCkuq - Prize Sent (txn (https://blockchain.info/tx-index/33525685/f500cba5bcc5fe1924ee990fd4b6d20a753addde411560f91a4c21bba2204cf6)) Lucky round! (213.1%)
• Block #3 - Won by 1Buahp5UFXE3vzRW5UeNKuzMYL7jnZSZP4 - Prize Sent (txn (https://blockchain.info/tx-index/34083605/05d34d3d9a331c3be7ef59b59870796eb822e59fed55389f47550f68b83a6416))
• Block #4 - Won by 1Kjvxd9CbnYbigcC13gS5VAd2asNcdVSyH - Prize Sent (txn (https://blockchain.info/tx-index/34315854/c157fc127220c1725d64288f86abd8b0147189addabf53e8f9a16fb31e0cae98))
• Block #5 - Won by 1AroV9DWxKtppu6veDyEkRMM578GaRSzGa - Prize Sent (txn (https://blockchain.info/tx-index/34315854/c157fc127220c1725d64288f86abd8b0147189addabf53e8f9a16fb31e0cae98)) - Lucky Round! (130.7%)

Updated 11/24/2012 @ 01:35 UTC

First prize sent out! :)

Second prize sent out! (Included small lucky round reward for top 10 hashers of the round based on their number of shares submitted for the round!)

Third prize sent!

All prizes payed out!

To note, the first lucky round bonus prize was actually incorrect.  First, I paid the top 11 miners a bonus instead of the top 10 like I was supposed to.  Second, the intention was to pay an additional 1% PPS as the bonus, but, the script I whipped up quickly to generate these numbers forgot to actually calculate this correctly and instead paid 1 satoshi per share (roughly 1/15th of the intended amount).  I corrected this in the final prize payout, which fixed the balance of the initial lucky round prize and the total for the second lucky round.  Note that the winner of the block for the final contest block was also in the top 10 miners. :)

Transaction ID c157fc127220c1725d64288f86abd8b0147189addabf53e8f9a16fb31e0cae98 (https://blockchain.info/tx-index/34315854/c157fc127220c1725d64288f86abd8b0147189addabf53e8f9a16fb31e0cae98)

This contest is now concluded!  Hope everyone had fun.

-wk