Bitcoin Forum

:

To pool efforts in a group to break a block for members in the community that may have older equipment that will no longer make a return or bring back online as much hardware as possible to break blocks for the community in a pooled effort.  


You could point your single machine at the pool and get lucky and crack a block but the theory behind bitcoin is that the more power you have the higher the chance you have of breaking a block.  So a consolidated effort to find a block has a greater chance of finding a block.


I have spoken with CK the owner of CK pool and he has agreed to escrow the funds for a 1% fee on top of the pool fee of 1%.  So you are safe in the knowledge that a trusted forum member is in full control of the winning block and the earnings would be distributed accordingly.

There are 25 places for members to take part in round 1 if you are interested and have ASIC miner available to point at this project then please leave your forum name and hash rate offered in the format below.

Once we have all the details in place for the escrow and we have a list of members we will post the worker address for people to connect to.:

We are looking to fill the list to around or over the 100TH mark for the project to go ahead.

CK Solo Pool Topic

https://bitcointalk.org/index.php?topic=763510.0



-- Users List 03/10/17 --
1.  ATraxpool - HASHING 2.48TH - Verified
2.  Christopbit - PENDING 4.73TH
3.  trepac99 - PENDING 3TH  Verified
4.  rpjminer - PENDING 4.73TH
5.  mylesrom - PENDING 1.2TH Verified
6.  nhminer - PENDING 3.85TH Verified
7.  gagoobree - PENDING 9TH Verified
8.  wavelengthsf - PENDING 2.5TH Verified
9.  Bikemunki - PENDING18TH  Verified
10. TotalChomper  -  PENDING 14TH
11. starkstructures - PENDING 6.13TH Verified
12. rvadan - PENDING 8.74TH Verified
13. anamichii - PENDING 1.2TH Verified
14. bitdevildog - PENDING 1.2TH Verified
15. apederzoli - PENDING 2.8TH
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.

To be clear, everyone would use the same username bitcoin address that I provide them and use a different workername for me associate them with your account, and the btc addresses associated with each workername I would have to know before the round began. Should a block be found, I would distribute the funds based on the relative hashrate of each worker at the time a block was found. Please coordinate amongst yourselves and finalise how many miners you are before considering beginning. If your hashrate is small (<100TH) despite there being many people, I will not be offering this service for the inconvenience and low likelihood of finding a block makes it not worthwhile.

I will update the table above with members who wish to take part in this so we can keep a record of this on the forum.

So guys!  Who's got some hashrate!

Crimaminer  and got 4.73 th/s coming with 3x of that in a few weeks

I will add you to the list this will not start untill we reach the 100TH mark another 4.73 TH would take the required down to 97.79TH

Please keep us updated when your hardware arrives.

You may link to this thread in the solo pool thread if you like as well.

Posted link to topic on the pool topic, I am sure there is more than a few users that will jump at the idea of a group effort to break a block.

Let's see how much power is on offer like you said to see if its going to be worth while idea.

Due to fluctuations in reported hashrate, I would be basing it on the total shares submitted by each miner to the pooled effort which will be the most accurate measure of overall hashrate as it may be difficult to extract the exact hashrate of each worker at exactly the time a block is found.

I think that is the best idea it is also a good way to give a more accurate structure and it's easy to understand.

Hi there,

Is there a minimum hashrate to join?
We're not in the same league (I currently have a single S3), but it would be fun to join.

Thanks.

Any ASIC miner will do for this.  Though the more hashrate the better.

What power have your available?

Just updated my post to include that... I have a single S3 for now, just experimenting :)
If it looks promising, I'll be investing in more.

Hmm. I just read somewhere, that with today's numbers, around 2830TH/s is needed to mine 1 BTC/day. This would mean that with 100TH/s, we can mine 1 BTC every 28-29 days. Am I on the right track?

With this OP there is no reward unless a block is found.  

If a block is found the funds would be distributed to users by CK the owner of the pool.

Basic Reward for a block is 12.5 BTC + transaction fees.

The pool deducts 1% fee automaticly from the block reward for pool fees. a further 1% would be given to ck for the escrow service.

The rest of the balance would be worked out as ck said.

"Total shares submitted by each miner to the pooled effort"

There is no calculation as to how long or short it will take to break a block but the more members that participate the better our chances will be.

Hello. Just registered but have been following the forum for a month or so. I have 3TH to add to the 100.

Hello and welcome to the forum!

I will add you to the list, what hardware are you running?

6 x s3s and 3 s1s dont laugh 😂😂😂

There is a lot of members who do not run large power I have a number of s3's running solo at the moment.

Many people are jumping into mining now picking up older hardware that really struggles to make a return if at all depending on electrical cost and where in the world you are so the idea behind this is to create a collective effort to break a block and older hardware is more than acceptable.

I have added you to the list once we reach the target of 100TH or more we will move to collecting worker names and btc addresses for each participant.

Right on bro. They are currently mining here and have been for a little over a month.

Still seeking members for this project.

If you have some hashing power available and want to take part then please leave your details below.

Count me in.

I've got an S7 running at 4.73TH.

:)

Hi,
This sounds neat and sounds like great potential to get more btc. As for me, I am using the S5 which is only 1.2TH. With 20 miners, we'll need at least 5TH per miner. 

I would be interested in estimated payout list, and I believe this list could possibly attract more miners.

You can't really estimate the payout list.

The block reward would be split according to the shares submitted as CK mentions above.   But with fewer members even with 1.5TH your payout would be much better that throwing that 1.5 onto a pool for fees.


Still seeking more members to make this a viable project.

I have put some numbers into a calculation tool and here are the numbers we could be looking at if we hit the 100TH threshold.

CK might be able to shed some light on these figures or some more accurate pool statistics to aid in calculations.

Mining CKsolo  -  
Network Difficulty: 1,103,400,932,964.3
Average pool speed 2.45PH
Our Hashrate 100TH

Difficulty Average PH per Block:    4,739,143.2350 PH
Network calculated PH/s for Network Difficulty:    7,898.5721 PH/s
Network Difficulty average 1diff shares per Block:    1,103,400,932,964 shares
BTC to expect per Hour per TH/s:    0.000009495387 BTC
BTC to expect per Day per TH/s:    0.000227889293 BTC

Pool Average Time per Block: - 22days 9hr 19min 4sec

1 Block =    12.50 BTC + t1
Average Block per Day:    0.0447 blocks = 0.55832877 BTC + t2

Chance of you finding a block in one day:    1 in 548.5
 
Your Average 1k diff Shares per Minute:    1,396.9839 1k shares/min

Come on people where is all the miners with s3's s4, s5 tucked away gathering dust!

There must me miners out there somewhere!

I have an S5 that I can add to the pool. 1.2 Th

Great news.  I will add you to the list.

Hey Atrax, I am interested as well! I think its a great idea and hopefully more people will join the list for more coins :D

I´ll pitch in with my 9TH eBang eBit miner.

User - nhminer
Hashrate - 3.85TH

Added to the list nhminer.   Good to have you aboard!

Also added to the list we will be at the 100th in no time at this rate guys!

If my poor little S3 is the last thing on earth missing, I'd be proud to take part :)

You could add me just for the fun of it :D

Cheers,

Gabriel

All hashing power is acceptable here in the block hunt do you wish your s3 to be added to the list?

So essentially, like the old days with proportional payout?

Like CK was saying due to fluctuations in reported hashrate, he would be basing it on the total shares submitted by each miner to the pooled effort which will be the most accurate measure of overall hashrate.

But I am guessing this is very similar to what you're saying about the proportional payout.

Daily Bump - Still seeking hash power for this project!

I can point my S7LN to it. 2.5 th/s.

Sounds great!  I will add you to the list once we hit the 100TH mark the project will begin.  Welcome aboard miner!

Hi, Atrax, we've been speaking for a few days now, anyway I can throw in around 18-20TH/s
2 x Avalon 741 (these just arrived today and they're awesome)
2 x Antminer S5
1 x Antminer S2

I don't have constant access to the S4 so I'll leave that out for now.

Glad to have you here mate soon as I saw the username I knew it was you! :)

Ill pop you down for 18TH mate take the lower end of the scale if you end up with more power I shall adjust the listing.

Good to have a fellow countryman on the board! :)

"Jockpool" is the way forward mate :P

Ill send a couple of messages out to people I know with machines.

***Edit***
Euan should be along soon with 14TH/s

Already in the pipeline my friend!  Just needs discussing over a few tall frosty one!

YODEL have just dropped off 24 Litres of beer for the weekend :P


Philips PerfectDraft machines rock :)

i have an S7 and S5 i can add.

just let me know what to do as im fucking useless at this

The project won't start until we reach the 100TH mark so every miner is a bonus!   
I guess from what miners you have you will be around the 5.5 / 6 TH mark with a s7 and s5?

Once we are ready and all the info is posted on the main topic I am sure CK will grace us with his presence to confirm project starting and that we are all on the same page! :)

Only if you leave them alone, I'm about to call minerline to have them come rescue the poor things!



:P

Yo,
I've got an S9 available for this. Runs at avg 14 TH/s.
Sign me up lads.

Added you to the list.  Total required now is 31TH and we are good to go!

Abused, neglected miners?  call minerline! haha!

I would participate with my Gekkoscience 2PAC 20GH/s if possible. If there are only 30 places, each would have to contribute 3,33333 TH/s to reach the 100 TH/s

Due to the vast range of hash rates offered its hard to calculate going by  100/30 = 3.33333

We have some offering up to 18TH and as low as 20GH from yourself so you can see why there is no calculation on each miner must supply X-amount of hashing power.

I can add you to the list if you wish?

Lets get lucky! Sign me up - S5 @1.2TH.

I got a shitty little rock miner r box? lol think its only 32GHS though...haha

If we were to hit a block and if I was in the pool with only 32 GHS I would only expect a small tip....lol like...0.01 :D haha Or fuck it could just donate the tiny amount of hash power to your pool. Either way.

The whole point is to keep the numbers down I did up the amount to 30 users but after consideration, I reduced this to 25 so there is more reward for the people taking part I feel it would be too much work for CK to work out the payouts splitting the pool effort like that.

I think we will stick to the idea 100th with 25 members with for the first round then see where it goes from there.

I do like the idea of a sort of split-pool contest that does sound like something that could be possible in the future!

Ya thats prob a good idea.

Good luck guys!

Only 31TH required till launch guys!

Count me in with 8.74TH

Hi rvdan can you post us some proof of hash rate so we can verify this before adding you to the list that would be great!

I have contacted all the people on the list today via PM to supply proof of there hashrate so we can add a verified next to there name,  this way there will be no delay in the project starting when we hit the target.

Thanks guys!

https://preview.ibb.co/fBnG6G/HASHRATE.jpg (https://ibb.co/hiOpRG)

HASHRATE 6.13TH/S

chris

Warmachine and Ironman!   Love it!

come on - what did you expect lol

please up date my hashrate to 6.13  ;D

List has been updated :)

Hey how do i upload a pic of my hash? I know total noob 😂😂😂.

just upload a picture to https://imgur.com/ and post the link here. :)

proof https://imgur.com/a/rx2rL

Welcome to the team rvadan!  Look forward to having you on the team!

Only 21.64TH required now before we can kick things off!

{
 "hashrate1m": "1.4T",
 "hashrate5m": "1.27T",
 "hashrate1hr": "1.13T",
 "hashrate1d": "1.02T",
 "hashrate7d": "1.06T",
 "lastshare": 1507342213,
 "workers": 1,
 "shares": 1620714138,
 "bestshare": 1980651920.442563,
 "bestever": 1980651920,
 "worker": [
  {
   "workername": "1BZB1qBVQAMAPpia6kKqyFLyBzeTpGhoLc",
   "hashrate1m": "1.4T",
   "hashrate5m": "1.27T",
   "hashrate1hr": "1.13T",
   "hashrate1d": "1.02T",
   "hashrate7d": "1.06T",
   "lastshare": 1507342213,
   "shares": 1620714138,
   "bestshare": 1980651920.442563,
   "bestever": 1980651920
  }
 ]
}

Thanks.  Added to the verified list.

count me in.., one antminer S5
https://i.imgur.com/dgsntQR.png

Added to the list anamichii..  Welcome to the block hunt!

{
 "hashrate1m": "3.08T",
 "hashrate5m": "2.19T",
 "hashrate1hr": "1.8T",
 "hashrate1d": "1.72T",
 "hashrate7d": "2.1T",
 "lastshare": 1507445365,
 "workers": 8,
 "shares": 1817111398,
 "bestshare": 405116961.5354687,
 "bestever": 1663714692,
 "worker": [
  {
   "workername": "1k5wsnEqruUkxNvyoeF3rF3wUrtVHSGwc",
   "hashrate1m": "3.08T",
   "hashrate5m": "2.19T",
   "hashrate1hr": "1.8T",
   "hashrate1d": "1.72T",
   "hashrate7d": "2.1T",
   "lastshare": 1507445365,
   "shares": 1817111398,
   "bestshare": 405116961.5354687,
   "bestever": 1663714692
  }
 ]
}

I added you to the verified list your 7 day average says 2TH so I have updated the listing from 3th to 2th the 1m average is a steady value of hashrate.

I will update the table above with members

I think you are just posting spam to boost your post count. looking at your post history.

https://ibb.co/kmW7gG

Here is my proof for the S5 . Do I need to point it at ck.solo right now or just before this project takes off?
Thanks.

No, not yet,  

Once we hit the 100th CK will announce the BTC address we will use to mine to hopefully fill the chart soon and get this project underway!

Thanks

No problem. I had 2 miners kick off my circuit breaker in the garage.

Hello,
 Should we start with 80TH? I tried to tweet this out there as well.

CK would not be interested in escrowing the project unless the power was more than 100th so for everyone's safety we should stick to the rules and try reach the 100th mark before starting, I know a few members are dew some miners any day now so we should reach the 100th without much issues.

Hold tight guys!

Hi,
I'd like to join with 2.8 TH

used to hodling
hodling a little more won't hurt a bit  ;)

Hey Atrax,

here you go. I hope we can start soon!

https://imgur.com/NvCsURf

Fantastic gagoobree.  I hope we can push forward soon only a few places left until we reach the 100th mark.

I will be pushing this out there this week to try fill up the places as I have had a busy week so far.

To all those waiting to start can we try get some more talk in the topic guys to spread the word try fill the last few places.

Then it's Block Hunting Timeeeeee..

Yea sure I can add you to the list could you send us some proof of hashrate before I add you to the list just so I can verify you have hashrate available saves trying to arrange and confirm everything when the project starts.

just a simple screen shot will do.

Thanks and welcome aboard miner!

Hello,
I will raise the amount of TH I can contribute to 32 so that we can start.
https://prnt.sc/hg6hsm
Lets get a block!

I guess this project is dead?