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Tired of unprofitable mining?
Win large with hashrate gambling!

BTCETA notice

WinniePool is the new way of profitable mining for the “high cost/low reward” era we’re in now. It's a dream of solo miners who have 1-2 devices at home – now they can reap profits for them by participating in hashrate gambling. It’s a pet project of a group of anonymous crypto-enthusiasts. Now we’re finally ready to share it with you, fellow btalkers. We’ve had extensive testing, but on a small scale. So please unpack your dusty home miners, join the pool and give us feedback if any problems might occur. Since at first the hashrate is going to be low, we’ll have to make the lucky draw and payouts every few days, rather than daily. Hopefully soon with your help we’ll have enough hashrate to make the payouts daily.

Thanks for those enthusiasts from all over the world who are ready to join us now! To the moon!

Why try WinniePool?

• Instead of earning approximately $1-2 a day via traditional solo mining, you have a chance to get much larger reward via hashrate gambling (amount depending on the pool size).
• It’s easy to join: just connect your miner to sha.winniepool.com:4333 and set your username to your BTC address (with any or even no worker extension), and any password.
• It’s transparent: there’s an automated lucky draw every day (every few days for now, until we grow our hashrate) and we’ll be publishing the links to reward transactions on our website.

Why join now?

• We’d been testing the system with our own hardware for a while now, but need more participants from the community to scale and get sure that everything is working neat and foolproof.
• The earlier you get in, the more chance of getting your cut from the pool you have each day.
• The more people join, the larger will be the reward pool.

Tell me more

These days traditional home mining barely covers electricity costs. A lot of home mining hardware is either unprofitable, or even gathering dust on the shelves.

We’ve came up with a way to reignite the fun in mining and give people a chance to reap larger profits. Basically at the end of each day 90% of pool revenue is split between a few random members as the result of a “lucky draw”. This gives you a chance to get significant revenue even with a single device.

I really don’t like reading websites, please give me summary

• Winniepool automatically takes your BTC address as payouts address.
• Lucky draw and payment schedule: once per day (every few days for now, until we grow our hashrate).
• 90% of mining revenues from all Winniepool users each day gets split between the few lucky draw winners.
• Your device should be not less 3 TH/s (SHA256) capable to qualify for participation in lucky draw.
• Winners BTC addresses and transaction links will be published on our website every day.
• Just keep your device up and running and check your BTC balance every day.

FAQ

Q: What are the advantages over mining on regular pool?
A: In current market conditions popular devices can’t generate enough revenue (for example, with Bitmain S9 you can earn only $1-2 per day). Our pool allows you to participate in daily “lucky draw” with very good chance to win even with single device.

Q: How many mined Bitcoins are participating in the daily “lucky draw”?
A: Currently 90% of daily pool’s revenue is going to the “lucky draw” winners every day. 10% is used to cover the engineering costs. When WP gains traction and scale we may reconsider this split.

Q: Which devices can be used with this pool?
A: Any SHA-256 miners are supported.

Q: How can I receive my prize?
A: Your BTC wallet address should be specified in the username parameter of your mining device. Your prize will be sent to this address and link to transaction on the blockchain will be published.

Q: How does it work?
A: We’ve created a custom stratum proxy that’s currently connected to the most popular and reputable pool: SlushPool. When WP gains traction we may consider to create our own custom-tailored pooling solution.

Q: Who are you?
A: A team of crypto-enthusiasts (engineers and designers) who believe in reigniting the falling industry. To the moon!

Which hashrate you need to reward people every day?
Regarding the project itself: unique idea, I have not seen analogues before

Interesting idea. Never heard of such an idea about using hashrate in gambling. This idea is good for miners as I understand in the post it seems that miners are inlcuded in your mining platform and a portion is added to prizelool for lucky draw which is good since miners can't mine high rewards due to market current situation. To the Moon.

An interesting take on mining which to most are unprofitable.
I would of joined into the lottery to win but the minimum requirement of 3 th/s seems if you have an asics which I do not.
The sha-256 algorithm can only be mined on asic chips like the 2pac if not a full board of these chips on an asic machine.
So this is geared towards those who use asics then gpu miners unfortunately. :-\

This is a nice idea. I haven't seen hashrate gambling online in past. What is the lucky draw prize money to be given out?
I mostly don't consider announcement posts by Newbies but I am right away going to jump into this. Goodluck with this mate!

How are selected the winners in each run? I mean, there is the risk that winner is selected in a certain situation if you set some input ....

What is the matter to combine both gambling and mining? Btw, background layout and user interface is really cool.

Interesting idea , tho im not into mining activities. I can see that this is indeed a good way of "reigniting the falling industry". I've heard that mining is not that profitable now unlike before. We all know why is that. And I think its true since I've seen many videos on youtube about miners shutting down their rigs/station. Maybe this idea can somehow keep some miners on the grid.

Anyway, the site looks below average to me , very plain background colors making it boring for the visitors. Morever, and shows this error . But ill give consideration since you are just starting up. You might also consider adding social media platforms to enable users to provide feedback and connect to them easier. Anyway , goodluck to you guys.  ;)

How to join?
If I right, need use Antminer Bitmain?
What need doing if another users don't have miner?
Idea is cool!

So if I get this right this is basically a miners lotto? Like you send your hash rate there and instead of getting a return every day (low return) you will be giving all your hash rate with the hope that you will win the lottery (higher return). It means if you are lucky you will make more profit this way and if you are unlucky than you will not make as much as you used to.

This is definitely for people who do not make much money from mining because there is really no point of risking your income for a chance of a bigger income and a risk of no income and even loss of money from cost of mining if you are a big miner, only a small miner would risk that type of thing considering it wouldn't be a big cost to run couple machines at most. Also charging 10% from people for providing this type of service seems too much, 2.5% or so would be more understandable but %10 seems a lot.

According to whattomine.com generic Bitmain S9 is able to generate approx ~$2.3 revenue (w/o electricity expenses).

We believe that starting from 10-20 pcs of Bitmain S9 equivalent we will be able to setup the every day lucky draw.

For example, for 10 Bitmains total revenue should be approx $23 / day so we can select 1 (payout = $20) or even 2 (payout = $10 each) winners every day.

Thanks a lot for your feedback, these annoying bugs will be fixed soon.

The idea regarding adding social media capabilities is really cool!!!

Thanks for your input!

Our service targeted to home based miners with one-two outdated miners which not able to provide valuable profits during current market conditions.

Instead of earning $1 per day they may consider to use old miner like "lotto machine". It's something like automated subscription mechanism for purchasing "lottery tickets".

P.S. Regarding fee amount - I think you are right, fee should be adjusted.

The idea is simple:

1) All miners with >3 TH/s power is eligible for the lucky draw;
2) Each 3 Th/s is equal to 1 "ticket";
3) More hashing power = more "tickets" (for example, a miner with an average 12 Th/s hashing power equal to 4 "tickets" / 2 miners with 6 Th/s each using the same worker BTC address also equal to 4 "tickets" etc);
4) Hashrates from #2 and #3 is average hashrates for 20 hours of each day;
5) We are using a random number generator to perform each lucky draw across all participants "tickets";
6) Each lucky draw TXIDs will be listed on the website.

This is only applicable for miners and actually this is my first time seeing this concept tied up with gambling.Same as said above 10% would really be too much in terms of engineering cost.

I guess its also better to post up this game on other mining threads because most likely people on this gambling board arent miners for sure there might be some but only a few numbers.

They could use it for something like lotto machine but is it really viable at this stage ?
I mean first of all you do not posses enough hash power (this is an assumption) to provide millions of dollars, in order for this to be even tempting for someone to use they need to give up on their couple dollars for a chance of thousands of dollars at least and I mean at least 5 figures, without that it doesn't look tempting at all.

Moreover, even with that a guaranteed money versus a possibility is something too risky for some people, there are of course people who will love it but there will be people who would prefer guaranteed money over possibility. I think you do need to create a jackpot type system where people give 50% of their hash for lotto and keep the 50% for mining, so someone who mines 2 dollars a day will mine 1 dollar a day and the other 1 dollar will go to lottery, that would be much much better.

I'm not sure this belongs to gambling, this is a traditional mining lottery , just more organised
if you don't get enough hashrate to even have some distant shot at finding a block this is going to be a pooled miner's effort where you simply distribute the "winning"
how is this different from mining solo hoping to find a block and winning the jackpot ?
transfer this thread to Mining topics

this is like all or nothing situation here.
before, you can earn a lil bit from your miner. now if you join this mining lotto, either you win or you lose, right?
up to you if you will take the risk from slim chance of winning here.
and hes right, such fee is already pretty hefty for a miner.

Why would miners be willing to mine if your fee is 10% ? I would rather form a thread in "Games and round" and start something like that without a site and can ask someone to act escrow and do the lottery stage. Even the fee that they will take will be less than 10%.

Just a question: Will miners have equal chances towards the jackpot irrespective of their mining power?

Dusty mining hardware would need electrical power to run. Hence need to pay electricity cost.
So the miners will always be at risk, overall it is a lottery. Participants may not win months after months and they will keep the hardware connected in the hope to win one day.

Let's say if a miner keeps connected the hardware for a month and he never wins, due to the nature of the game and he lost money in the form of electricity cost for nothing.
At first I thought the idea is good but when this issue came up in my mind I think the miners will carry all the risks and you as a pool with zero risks pocketing 10% pure profit.

If I'm wrong, please correct me. I'm not a miner  :)

I still think the "idea" is amazing, don't get me wrong there are a ton of things to detail out and there are a ton of things that needs to be talked with the users and the company itself but the idea behind this is amazing. There could be some new additions or removals from the features, there could be better design and marketing and so forth and basically it could be planned out a lot better and hire a bunch of people to do both marketing for this and improve it at the same time but in the end this is an idea that could get a whole lot of attention.

It is just not executed properly just yet but if the owners really go for it and continue existing for a long time I can see this place get bigger and bigger overtime, this is not the type of idea that will be super known in a day, this is the type of idea that will be amazing in 3-4 years time.

this idea is neither amazing, nor new
I don't understand what ideas to be talked with the company or users here, its a straight up mining pool with a chance to hit jackpot if you find a block
which is highly unlikely , especially given the size of this pool
the number of enthusiasts willing to , literally , donate their hashing power won't be big , hence decreasing the already low chances to hit anything

You said that it is a gambling while mining, when does it really gambling? Dont you said by cutting some of our fee and then the pool will be full of many people fees and this is what you called a gambling?

And I saw that after some period of publishing your site here. I saw there is only 2 workers, that is pretty normal. But to gain nothing from the start with 2 workers , I do not think that it makes sense. Dont you think it will at least generate something around?

That is the point, winning chance should be highly low, the chances of winning being high wouldn't be lottery. When you play on lottery and buy a ticket do you expect to win millions of dollars each time you buy a ticket? No you think most of them will be nothing and you will not get any returns but there is this small chance of winning it big.

Most of the people who buy tickets do not win anything at all ever, like you can live for 100 years and buy tickets every single day and never win anything OR you can buy a ticket for the first time and get millions, its pure luck.

So, even tough the execution could be done much much better this is still just lottery and people who come in here liking the idea would be willing to accept the fact that they will probably get nothing in return for a small tiny chance of hitting it big.