Bitcoin Forum

Economy => Marketplace => Topic started by: jamesg on April 20, 2012, 06:30:08 PM

Title: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: jamesg on April 20, 2012, 06:30:08 PM

Hello fellow bitcoiners,

We’ve seen raffles here the in gambling section of the site. There have been small prizes thus far. Nothing too big, nothing too exciting. Well, amazingrando and I are here to change that.

Welcome to the 50Gh 1 week mining contract raffle!

You read that right. Amazingrando and I have teamed up to raffle off a massive 50Gh one week mining contract to the lucky winner. Each ticket is only .5 BTC each!

Imagine, turning .5 BTC into 223 BTC (or more if you run on GPUMAX), a return of at least 450 times the cost of a single ticket.

So you’re probably wondering, “how can I verify that these guys actually have the hashes to back this up”. We wondered the same thing.... so here are some links to ease your worries.

Gigavps’ farm monitoring page -> http://gigamining.com/mgpumon/
Amazingrando’s the top spot -> https://www.maxbtc.com/top-miners

Rules of the contest:

The odds of winning this raffle is 1 / (total # of tickets sold)
This raffle will end on Friday, April 27, 2012 at 3pm EST.
You may purchase as many tickets as you like.
Whether buying a single ticket or bulk tickets, each ticket will have its own ticket number and therefore a unique hash.
The only piece of information you need to submit is your email address. This will be hashed so it will not be given out to the public.
The raffle will be decided by:
- We will combine the SHA256 hash of each email address with the hash of your ticket number and the first block hash to be found after the raffle ends. Here is an example:
- sha(sha(email) + sha(ticketNumber) + hashOfBlockFound)
- The lowest hash wins!
The mining contract will start within 48 hours of second party validation of the results.

Enjoy and good luck!

Title: Re: [RAFFLE] 50Gh 1 week mining contract - 7 days left!
Post by: jamesg on April 20, 2012, 06:30:38 PM

FAQ

Q: Can I point the hashing power where ever I like?
A: YES

Q: What will you do in the event of downtime?
A: The contract will be fulfilled based on the total number of difficulty 1 shares submitted. That number should be 7,040,798.

Q: How can i verify you guys are sending me 50Gh?
A: No need. As long as you get 7,040,798 shares sent to you, that's 50Gh for 7 days.

Title: Re: [RAFFLE] 50Gh 1 week mining contract - 7 days left!
Post by: Fefox on April 20, 2012, 06:56:43 PM

Tickets Ordered! Great idea ;D

Title: Re: [RAFFLE] 50Gh 1 week mining contract - 7 days left!
Post by: occulta on April 20, 2012, 07:01:31 PM

just sick. :)

Title: Re: [RAFFLE] 50Gh 1 week mining contract - 7 days left!
Post by: amazingrando on April 20, 2012, 07:04:33 PM

Some is going to have a nice payday. What would you do with an extra 220+ btc ;)

Title: Re: [RAFFLE] 50Gh 1 week mining contract - 7 days left!
Post by: Azelphur on April 20, 2012, 07:15:29 PM

Just bought 15 tickets, hope I win :D

Title: Re: [RAFFLE] 50Gh 1 week mining contract - 7 days left!
Post by: jamesg on April 20, 2012, 07:21:19 PM

Quote from: Azelphur on April 20, 2012, 07:15:29 PM

Just bought 15 tickets, hope I win :D

Thanks Azelphur!

Quote from: Fefox on April 20, 2012, 06:56:43 PM

Tickets Ordered! Great idea ;D

Thanks Fefox!

Title: Re: [RAFFLE] 50Gh 1 week mining contract - 7 days left!
Post by: JWU42 on April 20, 2012, 07:45:11 PM

I'll ask the questions now as I am sure others will eventually...

1. Buyer can point to pool of choice?
2. Downtime (though unexpected but should it occur) appended to contract?
3. How to verify 50 Gh/ (logs from cgminer)?

Title: Re: [RAFFLE] 50Gh 1 week mining contract - 7 days left!
Post by: Miner612 on April 20, 2012, 07:51:15 PM

Quote from: JWU42 on April 20, 2012, 07:45:11 PM

You just trust him, you n00b lol

~~I am gonna get some tickets myself. Gotta wait for some confs tho.~~

Got me some tickets.

Title: Re: [RAFFLE] 50Gh 1 week mining contract - 7 days left!
Post by: jamesg on April 20, 2012, 08:00:15 PM

Quote from: JWU42 on April 20, 2012, 07:45:11 PM

Thanks for the questions JWU42. I have posted the answers in our new FAQ reply.

https://bitcointalk.org/index.php?topic=77442.msg860974#msg860974

Title: Re: [RAFFLE] 50Gh 1 week mining contract - 7 days left!
Post by: JWU42 on April 20, 2012, 08:04:37 PM

Good work G!

Not everyone would know that 7,040,798 shares is 50 Gh/s over 7 days... ;)

Title: Re: [RAFFLE] 50Gh 1 week mining contract - 7 days left!
Post by: kakobrekla on April 20, 2012, 08:08:12 PM

Got some. :)

As far as I know myself, will be back for more.

Title: Re: [RAFFLE] 50Gh 1 week mining contract - 7 days left!
Post by: amazingrando on April 20, 2012, 08:23:56 PM

Don't forget that by the time the auction ends difficulty should change, and it looks like almost a 5% decrease. That would be another 10 btc+ in rewards from the 1 week contract. :)

Title: Re: [RAFFLE] 50Gh 1 week mining contract - 7 days left!
Post by: nathanghart on April 20, 2012, 08:42:51 PM

tix bought. great idea. hope you make money with this. ;D

Title: Re: [RAFFLE] 50Gh 1 week mining contract - 7 days left!
Post by: jamesg on April 20, 2012, 08:44:09 PM

Quote from: nathanghart on April 20, 2012, 08:42:51 PM

tix bought. great idea. hope you make money with this. ;D

Thanks nathanghart!

Only time will tell. Either way, it's going to be fun! ;D

Title: Re: [RAFFLE] 50Gh 1 week mining contract - 7 days left!
Post by: MrTeal on April 20, 2012, 08:47:50 PM

Quote from: amazingrando on April 20, 2012, 07:04:33 PM

Some is going to have a nice payday. What would you do with an extra 220+ btc ;)

I'm going to guess that at least one of those people will be you, once all the tickets are added up. ;)

Title: Re: [RAFFLE] 50Gh 1 week mining contract - 7 days left!
Post by: jamesg on April 20, 2012, 09:26:06 PM

Quote from: MrTeal on April 20, 2012, 08:47:50 PM

I'm going to guess that at least one of those people will be you, once all the tickets are added up. ;)

You must risk to be rewarded! ;)

We are offering up part of our normal mining incomes to have some fun and make a profit. Only time will tell if this venture is fruitful.

Title: Re: [RAFFLE] 50Gh 1 week mining contract - 7 days left!
Post by: BinaryMage on April 21, 2012, 12:05:58 AM

Quote from: gigavps on April 20, 2012, 09:26:06 PM

Quote from: MrTeal on April 20, 2012, 08:47:50 PM

I'm going to guess that at least one of those people will be you, once all the tickets are added up. ;)

You must risk to be rewarded! ;)

We are offering up part of our normal mining incomes to have some fun and make a profit. Only time will tell if this venture is fruitful.

To be honest, I suspect this will be a losing venture, but kudos for trying it in any case.

Title: Re: [RAFFLE] 50Gh 1 week mining contract - 7 days left!
Post by: amazingrando on April 21, 2012, 12:10:58 AM

Quote from: BinaryMage on April 21, 2012, 12:05:58 AM

To be honest, I suspect this will be a losing venture, but kudos for trying it in any case.

That's part of the fun of this, we just don't know how it's going to turn out. The only certainty is that someone who bought 1 or more tickets is going to be more than 220 btc richer at the end of the mining contract. ;)

Title: Re: [RAFFLE] 50Gh 1 week mining contract - 7 days left!
Post by: jamesg on April 21, 2012, 02:52:40 AM

Thanks to everyone who has entered thus far! :D

If you like to think about things in $$$ then here is some math for you.

~230 BTC mining contract * $5.37 current gox price ~= $1,235 :o

Title: Re: [RAFFLE] 50Gh 1 week mining contract - 7 days left!
Post by: lodcrappo on April 21, 2012, 03:03:41 AM

got my tickets.

i will win.

rest of you may as well not even bother

PS - i will not win. you should buy some tickets.

Title: Re: [RAFFLE] 50Gh 1 week mining contract - 7 days left!
Post by: jamesg on April 21, 2012, 03:06:13 AM

Quote from: lodcrappo on April 21, 2012, 03:03:41 AM

got my tickets.

i will win.

rest of you may as well not even bother

PS - i will not win. you should buy some tickets.

LOL thanks lodcrappo!

Title: Re: [RAFFLE] 50Gh 1 week mining contract - 7 days left!
Post by: copumpkin on April 21, 2012, 03:14:54 AM

I'm not normally a gambler but I might as well get in on this too :)

Title: Re: [RAFFLE] 50Gh 1 week mining contract - 7 days left!
Post by: jamesg on April 21, 2012, 10:00:56 AM

Quote from: copumpkin on April 21, 2012, 03:14:54 AM

I'm not normally a gambler but I might as well get in on this too :)

Thanks copumpkin!

6 days 9 hours remain to get your tickets. There is easily over $1k in mining profits up for grabs!

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 6 days left!
Post by: rjk on April 21, 2012, 06:06:37 PM

In the past I would have asked whether we can point them at our own bithopper, but even that is unlikely to be worth much more than using GPUMAX these days. Assuming GPUMAX starts public work soon. ;D

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 6 days left!
Post by: jamesg on April 21, 2012, 06:26:36 PM

Quote from: rjk on April 21, 2012, 06:06:37 PM

rjk, if you want to setup your own bitcoind, we'll point the hashing power there. With GPUMAX, you can probably get 25% MOAR coins.

I hope you bought your tickets..... ;)

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 6 days left!
Post by: rjk on April 21, 2012, 07:30:16 PM

Quote from: gigavps on April 21, 2012, 06:26:36 PM

I hope you bought your tickets..... ;)

Of course I did. ;D I'm wondering if I should set up a mini-pool and hope for a freshly minted 50 BTC block or two to keep as collectibles, or just line Pirate's pockets. Hmmmm.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 6 days left!
Post by: jamesg on April 21, 2012, 07:37:38 PM

Quote from: rjk on April 21, 2012, 07:30:16 PM

Of course I did. ;D I'm wondering if I should set up a mini-pool and hope for a freshly minted 50 BTC block or two to keep as collectibles, or just line Pirate's pockets. Hmmmm.

If you are going to setup a pool for yourself, talk with Graet from ozco.in about ecoinpool.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 6 days left!
Post by: rjk on April 21, 2012, 07:39:29 PM

Quote from: gigavps on April 21, 2012, 07:37:38 PM

Quote from: rjk on April 21, 2012, 07:30:16 PM

Of course I did. ;D I'm wondering if I should set up a mini-pool and hope for a freshly minted 50 BTC block or two to keep as collectibles, or just line Pirate's pockets. Hmmmm.

If you are going to setup a pool for yourself, talk with Graet from ozco.in about ecoinpool.

Yeah, I have been wanting to set up my own ecoinpool for a while now. Now I have an excuse to play with it.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 6 days left!
Post by: jamesg on April 21, 2012, 08:07:53 PM

Quote from: rjk on April 21, 2012, 07:39:29 PM

Yeah, I have been wanting to set up my own ecoinpool for a while now. Now I have an excuse to play with it.

I was helping the creator of ecoinpool test it with some hashing power and we found a block in the first 25k shares!

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 5 days left!
Post by: jamesg on April 21, 2012, 08:38:14 PM

5 days 22.5 hours remaining!

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 5 days left!
Post by: 01BTC10 on April 22, 2012, 01:33:20 AM

Great initiative! I will buy some tickets!

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 5 days left!
Post by: jamesg on April 22, 2012, 01:35:41 AM

Quote from: 01BTC10 on April 22, 2012, 01:33:20 AM

Great initiative! I will buy some tickets!

Thank 01BTC10! We've worked hard to build up our respective farms and this is definitely a fun way to get others involved in mining.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 5 days left!
Post by: farfiman on April 22, 2012, 07:45:19 AM

Will you publish how many tickets are sold anytime so we can see the odds?

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 5 days left!
Post by: Sukrim on April 22, 2012, 10:02:51 AM

It would be nice to have a list of emailhashes + ticketids to be able to confirm that you really did choose the correct winner.

Also anyone winning should relly point this to p2pool - 7,040,798 shares there would net you a LOT more than a few thousand BTC! ;D

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 5 days left!
Post by: rjk on April 22, 2012, 10:55:46 AM

Quote from: Sukrim on April 22, 2012, 10:02:51 AM

Also anyone winning should relly point this to p2pool - 7,040,798 shares there would net you a LOT more than a few thousand BTC! ;D

Math fail, please try again later.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 5 days left!
Post by: Sukrim on April 22, 2012, 11:24:30 AM

Quote from: rjk on April 22, 2012, 10:55:46 AM

Quote from: Sukrim on April 22, 2012, 10:02:51 AM

Also anyone winning should relly point this to p2pool - 7,040,798 shares there would net you a LOT more than a few thousand BTC! ;D

Math fail, please try again later.

Please show me your calculation of how ~7 million shares mined on p2pool are worth less than 5000 BTC. ::)

A hint: shares on p2pool have a difficulty a few hundred times higher than "1"...

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 5 days left!
Post by: rjk on April 22, 2012, 11:28:25 AM

Quote from: Sukrim on April 22, 2012, 11:24:30 AM

Quote from: rjk on April 22, 2012, 10:55:46 AM

Quote from: Sukrim on April 22, 2012, 10:02:51 AM

Also anyone winning should relly point this to p2pool - 7,040,798 shares there would net you a LOT more than a few thousand BTC! ;D

Math fail, please try again later.

Please show me your calculation of how ~7 million shares mined on p2pool are worth less than 5000 BTC. ::)

A hint: shares on p2pool have a difficulty a few hundred times higher than "1"...

Oops I see what you are saying, but such a large scale operation would probably be using a proxy that provides diff 1 shares anyways. Also, 7,040,798 shares is a calculation based on diff 1 shares at current difficulty from 50Ghash/s for one week.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 5 days left!
Post by: jamesg on April 22, 2012, 11:34:50 AM

Quote from: farfiman on April 22, 2012, 07:45:19 AM

Will you publish how many tickets are sold anytime so we can see the odds?

Hi farfiman, I will need to speak with Amazingrando before we publish the number of tickets sold. I will however release some stats now for the sake of entertainment.

There have been 33 totals orders on bit-pay and the only product not sold thus far is the 30 tickets for a 15% discount.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 5 days left!
Post by: jamesg on April 22, 2012, 11:41:08 AM

Quote from: Sukrim on April 22, 2012, 10:02:51 AM

Hi Sukrim, we will have a spreadsheet of all the tickets published for a second party to verify. Everything in the spreadsheet will already be hashed along with the final hashes.

As for the shares we will be submitting, they will be difficulty 1 shares. ;)

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 5 days left!
Post by: farfiman on April 22, 2012, 01:05:52 PM

Quote from: gigavps on April 22, 2012, 11:34:50 AM

Quote from: farfiman on April 22, 2012, 07:45:19 AM

Will you publish how many tickets are sold anytime so we can see the odds?

Thanks for the info. Just comparing the odds to bitlotto at this time - although wining 7M mining shares is much cooler :)

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 5 days left!
Post by: bitmonster1070 on April 22, 2012, 04:34:33 PM

I have been doing real good staying away from the Casino this year and investing all my spare cash into mining equipment as I used to have a small gambling problem. Now I frequent these forums more and more and low and behold, I find this post. Well, I have will power and one main rule when it comes to gambling. GO BIG OR GO HOME! Needless to say I will be purchasing tickets before your deadine and thank you for the offer.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 5 days left!
Post by: amazingrando on April 22, 2012, 05:10:28 PM

Quote from: bitmonster1070 on April 22, 2012, 04:34:33 PM

Hopefully we're not resuscitating anyone's gambling problems, but our thinking with this raffle was just that - GO BIG! The bigger the reward the bigger the risk for Gigavps and me, but that's also what makes it more exciting!

I'm especially excited for the winner, whoever that ends up being. What do you do with 230 btc? Hold on to it until btc prices hit $30 again? Do you invest it on GLBSE? Do you buy yourself a new flat screen TV and an xbox? :)

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 5 days left!
Post by: jamesg on April 22, 2012, 06:22:22 PM

Quote from: amazingrando on April 22, 2012, 05:10:28 PM

What do you do with 230 btc?

I would most certainly take the btc and have it start working for me on GLBSE.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 5 days left!
Post by: TTBit on April 22, 2012, 06:52:56 PM

I'm in for 90 tickets for 36 BTC.

If anyone wants the pro-rated amount of BTC mined from the 7M+ shares if we win, send any amount to: 1RaFfLeY1bqDhR1ZPpsTxXa64Q4MPxXki. Must send from personal wallet. Anything over 36 coins total will be refunded to the sending address. Example: 0.360 coins gets you 1% of mined coins. Otherwise, I'll take all proceeds from 90 tickets.

PM me for the email I used when buying tickets to verify hash if you wish.

Offer good until 1 hour before draft.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 5 days left!
Post by: jamesg on April 22, 2012, 07:31:57 PM

4 days 23.5 hours remaining! What are you going to do with 50Gh for 1 week?

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 5 days left!
Post by: grue on April 22, 2012, 07:33:14 PM

>mutual agreement between forum members not to buy tickets
>only a few tickets are bought (preferably below 446)
>each ticket's expected value is greater than the purchase price
>???
>profit!

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 5 days left!
Post by: ThiagoCMC on April 22, 2012, 09:27:01 PM

Just bought 1 ticket!! Hope I win!! LOL

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 5 days left!
Post by: jamesg on April 22, 2012, 09:37:45 PM

Quote from: ThiagoCMC on April 22, 2012, 09:27:01 PM

Just bought 1 ticket!! Hope I win!! LOL

Thanks ThiagoCMC!

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 5 days left!
Post by: copumpkin on April 22, 2012, 10:30:53 PM

Quote from: grue on April 22, 2012, 07:33:14 PM

>mutual agreement between forum members not to buy tickets
>only a few tickets are bought (preferably below 446)
>each ticket's expected value is greater than the purchase price
>???
>profit!

Prisoner's dilemma?

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 5 days left!
Post by: rjk on April 22, 2012, 11:25:58 PM

Welp, my intestinal fortitude is insufficient to set up a running ecoinpool, even after an entire weekend blown on trying to make it work. I just realized (again) how much I loathe tracking down and compiling dependencies for linux programs, and then attempting to learn how to use a complex script-based language/config syntax for debugging. Ah well, if it were easy everyone would do it and that wouldn't be too good either.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 5 days left!
Post by: jamesg on April 23, 2012, 12:05:05 AM

Quote from: rjk on April 22, 2012, 11:25:58 PM

If compiling linux libraries isn't your thing, maybe poolserverj would be a bit easier to setup.

http://poolserverj.org/

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 5 days left!
Post by: rjk on April 23, 2012, 12:12:11 AM

Quote from: gigavps on April 23, 2012, 12:05:05 AM

Quote from: rjk on April 22, 2012, 11:25:58 PM

If compiling linux libraries isn't your thing, maybe poolserverj would be a bit easier to setup.

http://poolserverj.org/

Last I heard, it was abandoned, or at least unmaintained. Also, eeew java. ;D
Nvm, it was just a bit of an exercise to see how easy it would be or whether I could do it, not anything that I needed for a project.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 4 days left!
Post by: jamesg on April 23, 2012, 10:25:57 AM

4 days 9 hours left.

What do you think is the best pool to point 50Gh at for a week?

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 4 days left!
Post by: jamesg on April 23, 2012, 01:04:18 PM

Quote from: VoluntaryMan on April 23, 2012, 12:51:51 PM

Question:
How would this work with p2pool?

Hi VoluntaryMan,

We could point the hashing power to a p2pool node but our miners are not optimized with the proper settings for p2pool. I was also going to use my BFL singles rig to run the contract and they do not work well with p2pool.

My recommendation would be to run the contract on a large pool (deepbit or slush) if you are feeling lucky or abcpool.co if you want to get close to the PPS payout.

GPUMAX is not selling many shares lately so these are the best strategies IMHO.

Best,
gigavps

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 4 days left!
Post by: eroxors on April 23, 2012, 06:10:11 PM

Quote from: gigavps on April 23, 2012, 01:04:18 PM

Quote from: VoluntaryMan on April 23, 2012, 12:51:51 PM

Question:
How would this work with p2pool?

Would this also not work well on p2pmining.com ?

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 4 days left!
Post by: Matthew N. Wright on April 23, 2012, 06:11:30 PM

You participated in mine so I'm participating in yours. ;)

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 4 days left!
Post by: jamesg on April 23, 2012, 06:14:26 PM

Quote from: eroxors on April 23, 2012, 06:10:11 PM

Would this also not work well on p2pmining.com ?

It should if their server can handle the load. Last time I checked, they were at 10Gh. So we would take them to 6x their normal volume.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 4 days left!
Post by: jamesg on April 23, 2012, 06:20:21 PM

Quote from: Matthew N. Wright on April 23, 2012, 06:11:30 PM

You participated in mine so I'm participating in yours. ;)

There is more coming.... ;)

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 4 days left!
Post by: tgmarks on April 23, 2012, 07:14:37 PM

This is sweet, I'm getting in on this.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 4 days left!
Post by: jamesg on April 23, 2012, 11:17:43 PM

In case you guys were wondering what this type of hashing power looks like....

Quote from: gigavps on March 28, 2012, 11:56:32 AM

So it's a little hard to get a shot of the entire room because it is so small. The room most of the GPUs are in along with the singles is just 9x16 to make the most of the three tons of AC.

https://lh5.googleusercontent.com/-H_VpRbz9XGs/T3L6P7On2XI/AAAAAAAAA28/Mo2j7Fk_cvI/s720/IMG_0226.JPG

https://lh4.googleusercontent.com/-ocQApvAupNI/T3L6Onx3yBI/AAAAAAAAA20/vOegge5BNVc/s720/IMG_0227.JPG

Here is a shot through the side door looking that the rack farthest away in the previous picture. You'll notice that the bottom rack is empty. This will be the home of the 4 mini rigs. If they are too big to fit on the rack, I will remove it and they will sit on the floor.

https://lh3.googleusercontent.com/-9baYs6fmbg8/T3L6cPlIW7I/AAAAAAAAA3M/SixhnUWE9xw/s720/IMG_0229.JPG

Here is a pic from outside of the room but still inside the warehouse. You can see the HVAC ducts to push all cooling into the room.

https://lh5.googleusercontent.com/-6B4Hyov1Nr8/T3L6c-m7ZzI/AAAAAAAAA3U/uaXHTFof5Vc/s640/IMG_0230.JPG

Since I only have three tons of AC at the moment, some rigs are still in the warehouse portion. With cgminer, they self regulate to 75c.

https://lh5.googleusercontent.com/-mmgivR-dN40/T3L6dpEkpyI/AAAAAAAAA3c/xVFzX0MFV7s/s640/IMG_0231.JPG

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 4 days left!
Post by: jamesg on April 24, 2012, 12:11:08 AM

Thanks to everyone who has played so far!

There have been 55 orders total and nobody has bought the 30 tickets @ 15% discount yet. :)

We are beyond the halfway point. What are you going to do with ~230 BTC?

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 4 days left!
Post by: Matthew N. Wright on April 24, 2012, 05:22:41 AM

Quote from: gigavps on April 24, 2012, 12:11:08 AM

We are beyond the halfway point. What are you going to do with ~230 BTC?

Donate it to Yoon Yeonghwa for her summer swimsuit photo shoot.

https://bitcointalk.org/index.php?topic=76966.0

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 4 days left!
Post by: Chefnet on April 24, 2012, 10:48:17 AM

so I'm in :-)

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 4 days left!
Post by: farfiman on April 24, 2012, 11:03:32 AM

still waiting to know the odds....

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 4 days left!
Post by: jamesg on April 24, 2012, 11:13:55 AM

Quote from: farfiman on April 24, 2012, 11:03:32 AM

still waiting to know the odds....

Hi farfiman,

I will speak with amazingrando this morning and see if we agree on releasing the odds. Until then, we have now had 61 orders. The only product not purchased in the 30 tickets @ a 15% discount.

TTBit also said earlier in the thread he purchased a whopping 90 tickets! :o

Good luck.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 4 days left!
Post by: jamesg on April 24, 2012, 11:14:18 AM

Quote from: Chefnet on April 24, 2012, 10:48:17 AM

so I'm in :-)

Thanks for playing Chefnet!

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 4 days left!
Post by: farfiman on April 24, 2012, 11:25:54 AM

Quote from: gigavps on April 24, 2012, 11:13:55 AM

Quote from: farfiman on April 24, 2012, 11:03:32 AM

still waiting to know the odds....

Ok - I just think it's fair that any raffle or gamble should always show the odds....

Doesn't mean I didn't buy a ticket anyway ;)

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 3 days left!
Post by: jamesg on April 24, 2012, 02:34:02 PM

Just around 76 hours left to go until the big winner is found! Is it going to be you?

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 3 days left!
Post by: copumpkin on April 24, 2012, 02:51:06 PM

Quote from: gigavps on April 24, 2012, 02:34:02 PM

Just around 76 hours left to go until the big winner is found! Is it going to be you?

Yes, it's going to be me!

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 3 days left!
Post by: rjk on April 24, 2012, 02:51:54 PM

Quote from: copumpkin on April 24, 2012, 02:51:06 PM

Quote from: gigavps on April 24, 2012, 02:34:02 PM

Just around 76 hours left to go until the big winner is found! Is it going to be you?

Yes, it's going to be me!

No me! >:(
me me me me me me me!

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 3 days left!
Post by: Graet on April 24, 2012, 05:16:41 PM

grabbed the winning tix just now ;)
close it and draw already :P

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 3 days left!
Post by: jamesg on April 24, 2012, 05:18:34 PM

Quote from: Graet on April 24, 2012, 05:16:41 PM

grabbed the winning tix just now ;)
close it and draw already :P

Thanks Graet!

O WOW! Even top tier pool operators are getting in on this... :D

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 3 days left!
Post by: amazingrando on April 24, 2012, 05:50:20 PM

So far it looks like we have a lot of winning tickets! ;)

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 3 days left!
Post by: rjk on April 24, 2012, 05:51:20 PM

Quote from: amazingrando on April 24, 2012, 05:50:20 PM

So far it looks like we have a lot of winning tickets! ;)

Can we have second and third prizes? ;D

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 3 days left!
Post by: copumpkin on April 24, 2012, 06:33:11 PM

Quote from: rjk on April 24, 2012, 05:51:20 PM

Quote from: amazingrando on April 24, 2012, 05:50:20 PM

So far it looks like we have a lot of winning tickets! ;)

Can we have second and third prizes? ;D

No. No way I'm splitting my prize with any of you suckers.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 3 days left!
Post by: spiccioli on April 24, 2012, 08:21:48 PM

Grabbed the winning one this morning... :)

spiccioli

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 3 days left!
Post by: JWU42 on April 24, 2012, 09:05:38 PM

I'll grab my ticket this evening - can't let you guys have all the fun...

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 3 days left!
Post by: amazingrando on April 24, 2012, 09:56:46 PM

We'll save one just for you. ;)

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 3 days left!
Post by: jamesg on April 25, 2012, 12:37:20 PM

55 hours remain until the raffle is officially over!

If you haven't bought your tickets yet, better get a move on. This is ONE OF THE BIGGEST POT ever for a bitcoin raffle.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 3 days left!
Post by: Raize on April 25, 2012, 02:36:00 PM

Quote

GPUMAX is not selling many shares lately...

If they ever activated my account they would be.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 3 days left!
Post by: amazingrando on April 25, 2012, 03:15:43 PM

Just over two days left. Getting exciting!

Someone on Friday is going to be one VERY happy person! ;D

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 3 days left!
Post by: eroxors on April 25, 2012, 03:38:56 PM

The numbers people are wanting odds before they place their bets. ;D

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 3 days left!
Post by: hashking on April 25, 2012, 03:57:45 PM

Just bought my tickets. Can't wait.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 3 days left!
Post by: Red Emerald on April 25, 2012, 06:01:58 PM

Weeeeeeeeeeeee

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 3 days left!
Post by: jamesg on April 25, 2012, 10:41:08 PM

Quote from: eroxors on April 25, 2012, 03:38:56 PM

The numbers people are wanting odds before they place their bets. ;D

A couple of people have asked for odds and we are ready to release them...

As of this moment, we have had 75 orders for a total of 546 tickets sold thus far!

So the odds at this point are: 1/546

Good luck to everyone who had bought a ticket so far! :)

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 40 HOURS Remaining!
Post by: jjjrmy on April 26, 2012, 04:01:50 AM

Just bought 2 tickets.
:)

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 40 HOURS Remaining!
Post by: farfiman on April 26, 2012, 05:44:53 AM

Enough sold to break even . Now we can buy tickets to make you a profit :)

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 40 HOURS Remaining!
Post by: ChanceCoats123 on April 26, 2012, 06:04:29 AM

What if the winner wants to point at a pool that doesn't use 1 difficulty shares? ;)

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 40 HOURS Remaining!
Post by: Red Emerald on April 26, 2012, 06:09:44 AM

Quote from: ChanceCoats123 on April 26, 2012, 06:04:29 AM

What if the winner wants to point at a pool that doesn't use 1 difficulty shares? ;)

That's actually a good question. I'd point it at p2pool just to support p2pool.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 40 HOURS Remaining!
Post by: jamesg on April 26, 2012, 10:20:06 AM

Quote from: ChanceCoats123 on April 26, 2012, 06:04:29 AM

What if the winner wants to point at a pool that doesn't use 1 difficulty shares? ;)

I will discuss this with amazingrando. I have over 12Gh of BFL equipment that will not run on p2pool and will get high stales. Also, I am not sure we are going to reconfigure 25Gh of each of our farms to run properly with p2pool. While it's a good idea to support p2pool, the practicalities of the matter are also something to consider.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 31 HOURS Remaining!
Post by: jamesg on April 26, 2012, 12:37:11 PM

With ~30 hours to go, your odds of winnning the pot are now:

1/594

Good luck to everyone who had already purchased a ticket. If you haven't, you better hurry, it's just over 1 day before we find out who the lucky winner is!

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 31 HOURS Remaining!
Post by: darkice on April 26, 2012, 01:02:18 PM

2 tickets , fingers crossed :)

1/596 :)

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 31 HOURS Remaining!
Post by: deepDown on April 26, 2012, 02:35:13 PM

So, how do we know our ticket number for combining for sha? It is not given anywhere when one buy a ticket.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 31 HOURS Remaining!
Post by: jamesg on April 26, 2012, 02:39:05 PM

Quote from: deepDown on April 26, 2012, 02:35:13 PM

So, how do we know our ticket number for combining for sha? It is not given anywhere when one buy a ticket.

Hi deepDown,

We will publish the list once the raffle is over. All emails in the list will be hashed so only you will be able to find your email hash and corresponding ticket numbers.

Ticket numbers are assigned based of when you placed your order. If there are 500 tickets purchased before you and you purchased 1 ticket, you will get ticket number 501.

If you are not a programmer, don't worry, we will post a link that will create the proper hash of your email so you can easily search the list.

Best,
gigavps

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 28 HOURS Remaining!!
Post by: jamesg on April 26, 2012, 02:42:44 PM

With ~28 hours to go, your odds of winnning the pot are now:

1/641

Good luck to everyone who had already purchased a ticket. If you haven't, you better hurry!

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 31 HOURS Remaining!
Post by: deepDown on April 26, 2012, 04:17:50 PM

Quote from: gigavps on April 26, 2012, 02:39:05 PM

Quote from: deepDown on April 26, 2012, 02:35:13 PM

So, how do we know our ticket number for combining for sha? It is not given anywhere when one buy a ticket.

Great! Thanks for the explanation.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 26 HOURS Remaining!!
Post by: bitlotto on April 26, 2012, 05:00:41 PM

Congrats on a successful raffle! Looks like your risk paid off. You'll make more than if you kept it for mining!
Over 90 BTC profit! Sweet!

I was going to play near the end if the total tickets sold kept the risk-win ratio acceptable. Perhaps next time. Too many tickets sold to be worth the 0.5 BTC! Oh well...

Congrats whoever wins.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 26 HOURS Remaining!!
Post by: jamesg on April 26, 2012, 05:11:21 PM

Quote from: bitlotto on April 26, 2012, 05:00:41 PM

Thanks bitlotto. Your calculations are a little off because they don't consider the discounts given on bulk tickets. Nevertheless, this raffle will be profitable.

I'll tell you what, you enter my raffle, I'll enter yours! :D

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 26 HOURS Remaining!!
Post by: bitlotto on April 26, 2012, 05:58:29 PM

Quote from: gigavps on April 26, 2012, 05:11:21 PM

That wouldn't be a fair deal. Mine has better odds compared to the prize. ;) Just teasing! LOL

I don't do mining. Could I just give you an address if I win that that gets any payouts and you set up the rest?
I'll enter if it's easy to do without running a bitcoind myself.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 26 HOURS Remaining!!
Post by: jamesg on April 26, 2012, 06:02:13 PM

Quote from: bitlotto on April 26, 2012, 05:58:29 PM

You can just setup an account at a pool like ozco.in, maxbtc.com, etc and we will point the hashing power there for a week. You get freshly minted coins!

No need to run bitcoind yourself.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 26 HOURS Remaining!!
Post by: bitlotto on April 26, 2012, 06:04:03 PM

Quote from: gigavps on April 26, 2012, 06:02:13 PM

Quote from: bitlotto on April 26, 2012, 05:58:29 PM

You can just setup an account at a pool like ozco.in, maxbtc.com, etc and we will point the hashing power there for a week. You get freshly minted coins!

No need to run bitcoind yourself.

Ok. I'll give it a shot. What the hell.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 26 HOURS Remaining!!
Post by: enmaku on April 26, 2012, 06:10:26 PM

Four more tickets sold ;D

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 26 HOURS Remaining!!
Post by: jamesg on April 26, 2012, 06:18:38 PM

Quote from: enmaku on April 26, 2012, 06:10:26 PM

Four more tickets sold ;D

Thanks enmaku!

Amazingrando and I are very excited to for tomorrow afternoon. Can't wait to see who the winner is!

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 26 HOURS Remaining!!
Post by: amazingrando on April 26, 2012, 06:54:01 PM

I can't wait to make someone's day ;D

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 26 HOURS Remaining!!
Post by: enmaku on April 26, 2012, 06:55:26 PM

Quote from: amazingrando on April 26, 2012, 06:54:01 PM

I can't wait to make someone's day ;D

Well you and likuidxd already made my day by buying my 5830s. I guess this is just a chance at buying my own hashing power back * 50 eh? ;D

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 26 HOURS Remaining!!
Post by: arij on April 26, 2012, 06:55:38 PM

just got 2! cant wait to see who wins (hopefully me) ;D

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 24 HOURS Remaining!!
Post by: wogaut on April 26, 2012, 07:03:49 PM

Are there actually 2 threads on this?
Just thought I had deja vous...

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 24 HOURS Remaining!!
Post by: jamesg on April 26, 2012, 07:08:20 PM

Quote from: wogaut on April 26, 2012, 07:03:49 PM

Are there actually 2 threads on this?
Just thought I had deja vous...

We setup a thread for the n00bs so they could get in on the action.

Ain't no fun unless the homies can have some. ;)

We were all in newbie jail at some point and most of us have forgotten how irritating that was.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 24 HOURS Remaining!!
Post by: enmaku on April 26, 2012, 07:12:06 PM

Quote from: gigavps on April 26, 2012, 07:08:20 PM

We were all in newbie jail at some point and most of us have forgotten how irritating that was.

Except for those of us whose accounts predate newbie jail...

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 24 HOURS Remaining!!
Post by: jamesg on April 26, 2012, 07:17:26 PM

Quote from: enmaku on April 26, 2012, 07:12:06 PM

Except for those of us whose accounts predate newbie jail...

You got me there. ;)

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 24 HOURS Remaining!!
Post by: wogaut on April 26, 2012, 07:22:19 PM

Quote from: enmaku on April 26, 2012, 07:12:06 PM

Quote from: gigavps on April 26, 2012, 07:08:20 PM

We were all in newbie jail at some point and most of us have forgotten how irritating that was.

Except for those of us whose accounts predate newbie jail...

Oh don't ruin the moment, it sounded so romantic and nostalgic...

:)

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 24 HOURS Remaining!!
Post by: jamesg on April 26, 2012, 07:45:16 PM

With ~23 hours to go, your odds of winnning the pot are now:

1/754 :o

Good luck to everyone who had already purchased a ticket. If you haven't, you better hurry!

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 24 HOURS Remaining!!
Post by: JWU42 on April 26, 2012, 07:48:42 PM

Off to buy my ticket...

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 24 HOURS Remaining!!
Post by: amazingrando on April 26, 2012, 08:32:16 PM

I wish we could capture the person's face when they learn he/she won!

It'll be something like ;D only a lot bigger

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 24 HOURS Remaining!!
Post by: Snowpea on April 26, 2012, 08:34:09 PM

what if that person paid > 230 BTC worth of tickets?

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 24 HOURS Remaining!!
Post by: rjk on April 26, 2012, 08:34:41 PM

Quote from: Snowpea on April 26, 2012, 08:34:09 PM

what if that person paid > 230 BTC worth of tickets?

He would be an idiot.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 24 HOURS Remaining!!
Post by: Snowpea on April 26, 2012, 08:43:17 PM

in which case his face would still be like ;D if he won.. i stand corrected.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 21 HOURS Remaining!!
Post by: jamesg on April 26, 2012, 09:50:55 PM

With ~21 hours to go, your odds of winnning the pot are now:

1/773

Good luck to everyone who had already purchased a ticket.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 24 HOURS Remaining!!
Post by: check_status on April 26, 2012, 09:51:08 PM

I'd like to see rjk win so he can complete his signature project, Terahashasaurus.

If someone bought 230BTC of tickets and didn't win then they would be like :'( .

Let me know what time you will be submitting to the rng so I can influence it, mehmehmehmehmeh. (Think Aqua Man.)

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 24 HOURS Remaining!!
Post by: rjk on April 26, 2012, 10:18:47 PM

Quote from: check_status on April 26, 2012, 09:51:08 PM

Me too! I just got ecoinpool working and accepting shares from my BFL single, yeahaw! I want to know how much hash it can handle before it kills my internet connection and/or virtual machine lol.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 18 HOURS Remaining!!
Post by: amazingrando on April 27, 2012, 05:05:30 AM

14 hours left to buy a ticket! Someone is going to have an awesome Friday! ;D

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 18 HOURS Remaining!!
Post by: enmaku on April 27, 2012, 06:01:20 AM

Quote from: amazingrando on April 27, 2012, 05:05:30 AM

14 hours left to buy a ticket! Someone is going to have an awesome Friday! ;D

I'll be at the Grand Canyon rafting down the Colorado river tomorrow, so it'll be an awesome Friday regardless. Coming back from that to win a 50Gh mining contract would bump things from "awesome" to "best day EVER."

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 8 HOURS Remaining!!
Post by: jamesg on April 27, 2012, 10:30:55 AM

With ~8 hours to go, your odds of winning the pot are now:

1/802

Good luck to everyone who has already purchased a ticket. Better hurry if you haven't bought yours yet!

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 8 HOURS Remaining!!
Post by: jjjrmy on April 27, 2012, 12:51:45 PM

How many more hours?

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 8 HOURS Remaining!!
Post by: 01BTC10 on April 27, 2012, 12:55:52 PM

Just got 6 tickets even if the expected value is negative! ;D

If I win I will give 10% to BTC project developers.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 8 HOURS Remaining!!
Post by: jamesg on April 27, 2012, 01:47:21 PM

Quote from: jjjrmy on April 27, 2012, 12:51:45 PM

How many more hours?

With ~5 hours to go, your odds of winning the pot are now:

1/827

Good luck to everyone who has already purchased a ticket. Better hurry if you haven't bought yours yet!

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 3 HOURS Remaining!!
Post by: deepDown on April 27, 2012, 04:14:05 PM

So, if the time is up now, can we have a table before the first hash block, so any manipulation is out of the question?

Edit: sorry my error with time zones. :)

In any case I think it should be nice to have the table published immediately after the raffle closes.

Title: Re: [RAFFLE] 50Gh 1 week mining contract worth ~230 BTC - 3 HOURS Remaining!!
Post by: jamesg on April 27, 2012, 05:29:16 PM

Quote from: deepDown on April 27, 2012, 04:14:05 PM

So things should happen in this order:

1. 3pm arrives
2. We shut down all purchase buttons
3. We publish the hashed emails with ticket numbers and ticket hashes
4. We declare the block hash that will become the third part of the final hash for each ticket
5. Block arrives
6. Publish the results with the block hash and final hash without determining a winner
7. Allow third parties to declare which final hash is the winner
8. Verify third party results

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: jamesg on April 27, 2012, 07:10:44 PM

All entries for the raffle can be found here -> http://pastebin.com/kb0vmvgQ

Use this service to figure out the hash of your email -> http://hash.online-convert.com/sha256-generator

Once you have the hash, you can search the paste bin text for your tickets.

There are three columns, ticket number, hashed email address and hashed ticket number.

Block number 177473 will determine the final hashes for all tickets.

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: rjk on April 27, 2012, 07:18:42 PM

One more block to go! This is exciting!

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: hashking on April 27, 2012, 07:20:32 PM

I won. ;D Just kidding.

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: Uncurlhalo on April 27, 2012, 07:24:28 PM

There's one hash of an email that's on there 270 times. Someone really wants to win!

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: jamesg on April 27, 2012, 07:47:47 PM

Block 177473 has arrived!

Here are the results -> http://pastebin.com/Tgv098AW

5 columns now (ticket number, email hash, ticket number hash, blockHash, final hash)

The final hash was calculated by: sha(sha(email) + sha(ticketNumber) + hashOfBlockFound)

Let's see who won!

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: jamesg on April 27, 2012, 07:48:58 PM

See this post for how to calculate a hashes value -> https://bitcointalk.org/index.php?topic=29675.msg372807#msg372807

Remember, lowest one wins!

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: wogaut on April 27, 2012, 07:49:39 PM

Quote from: gigavps on April 27, 2012, 07:47:47 PM

and when you say sha()+sha()+hash you really mean concatenate not arithmetic addition, right?
Just checking...

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: jjjrmy on April 27, 2012, 07:50:11 PM

I won!?!?

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: JusticeForYou on April 27, 2012, 07:52:04 PM

Quote from: gigavps on April 27, 2012, 07:47:47 PM

I thought it was: sha(sha(email) + sha(ticketNumber) + sha(hashOfBlockFound))

edit: nvm OP had it as posted.

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: wogaut on April 27, 2012, 07:55:56 PM

Quote from: BTC_Bear on April 27, 2012, 07:52:04 PM

Quote from: gigavps on April 27, 2012, 07:47:47 PM

I thought it was: sha(sha(email) + sha(ticketNumber) + sha(hashOfBlockFound))

edit: nvm OP had it as posted.

No need to sha() the hashOfBlockFound, it's already sha().

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: bitfoo on April 27, 2012, 07:56:24 PM

So who's 6a716f16ddef37ca5defc85d2c48219393fefb755f18171159f4a86581f5d0e9 ?

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: wogaut on April 27, 2012, 07:58:21 PM

can't you just sort the table by the last column, so the winner is clearly seen?

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: jamesg on April 27, 2012, 07:59:44 PM

I am working on calculating the winner now.

+ in my posts above is string concat

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: JusticeForYou on April 27, 2012, 08:08:06 PM

Hex ad and sub calculator: http://www.csgnetwork.com/hexaddsubcalc.html

5.978586085059098e+76 aww...

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: ingrownpocket on April 27, 2012, 08:20:43 PM

So, who won?

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: Lord F(r)og on April 27, 2012, 08:22:58 PM

3.855027797938309e+76

someone lower?

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: wogaut on April 27, 2012, 08:26:21 PM

It appears to me ticket 562 won:

562
6a716f16ddef37ca5defc85d2c48219393fefb755f18171159f4a86581f5d0e9
4eef24c6b8248c2271f6663f44ec0de3c2535ca396a22cf60051137d71721309
00000000000002a4057c83dcdd68334bcb5f2c7931ce755975907f4c650e6a8b
0055296d8aa76dbde18c60689305bdb96d68bcfe639d1faceceacf50c7e38f18

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: cncguru on April 27, 2012, 08:28:55 PM

Quote from: wogaut on April 27, 2012, 08:26:21 PM

Are you sure?
If so that would be me!

;D ;D ;D ;D ;D

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: wogaut on April 27, 2012, 08:29:53 PM

Then a preliminary congrats to you! ;D

Your ~~10BTC~~ 20 tickets seem to have paid off!

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: JusticeForYou on April 27, 2012, 08:31:19 PM

Quote from: wogaut on April 27, 2012, 08:26:21 PM

2.6521595618380127e+59 Pretty low, I guess

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: wogaut on April 27, 2012, 08:32:56 PM

Quote from: BTC_Bear on April 27, 2012, 08:31:19 PM

2.6521595618380127e+59 Pretty low, I guess

Your exp10 numeric representation is hard to text search for in the list BTW...

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: wogaut on April 27, 2012, 08:35:20 PM

I think we should also give a prize for the highest hash.
Just as impressive (or likely) as the lowest one:
fffbfd600aa2d0e0eb2ee5439a91865cceb96b3505a235c57d24a3b945ff9b4f
Ticket holder 402 a preliminary congrats (no prize though)! ;D

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: JusticeForYou on April 27, 2012, 08:40:52 PM

Quote from: wogaut on April 27, 2012, 08:35:20 PM

'tis a good point. I'll kick giga a BTC to pay the highest hash. :)

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: hashking on April 27, 2012, 08:48:47 PM

Is 542 lower?

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: wogaut on April 27, 2012, 08:50:23 PM

Quote from: BTC_Bear on April 27, 2012, 08:40:52 PM

Quote from: wogaut on April 27, 2012, 08:35:20 PM

'tis a good point. I'll kick giga a BTC to pay the highest hash. :)

It was yours, man??? :D

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: wogaut on April 27, 2012, 08:51:31 PM

Quote from: hashking on April 27, 2012, 08:48:47 PM

Is 542 lower?

nope.
439350876daf0f6b178b3e7cdef71734ae2aa75a53018dfcd31856a012e1e90b

You may look up your hash in the last column of giga's table. If it's lower than
0055296d8aa76dbde18c60689305bdb96d68bcfe639d1faceceacf50c7e38f18
you win (hint: look at the leading zeros!)

Note: that's why I'm saying: Gigavps, just sort the table by the last column ascending!

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: JusticeForYou on April 27, 2012, 09:13:25 PM

http://pastebin.com/KRuYZc73

Ordered from Lowest Hash in CSV format.

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: wogaut on April 27, 2012, 09:16:18 PM

Quote from: BTC_Bear on April 27, 2012, 09:13:25 PM

http://pastebin.com/KRuYZc73
Ordered from Lowest Hash in CSV format.

Thanks!

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: jamesg on April 27, 2012, 09:17:51 PM

Quote from: BTC_Bear on April 27, 2012, 09:13:25 PM

http://pastebin.com/KRuYZc73

Ordered from Lowest Hash in CSV format.

Looks like we have independent verification and I can confirm ticket #562 is the winner!

I used a little javascript to verify so that it is more accessible to others.

Code:

(function($) {

	$(document).ready(function() {
	
		var   $body = $('body')
			, text = $body.text()
			, lines = text.split('\n')
			, lowest = null
			, lowestTicket = null
			, decimal
			, lineArr;
		
		for (var i = 0; i < 885; i++)
		{
			lineArr = lines[i].split('\t');
			decimal = parseInt(lineArr[lineArr.length - 1], 16);
			
			if (lowest === null)
				lowest = decimal;
			else if (decimal < lowest)
			{
				lowest = decimal;
				lowestTicket = lineArr[0];
			}
		}
		
		alert(lowestTicket);
	});

})(jQuery);

And the HTML page needed

Code:

<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
<meta http-equiv="Content-Type" content="text/html; charset=utf-8" />
<title>Untitled Document</title>
<script type="text/ecmascript" src="https://ajax.googleapis.com/ajax/libs/jquery/1.7.2/jquery.min.js"></script>
<script type="text/ecmascript" src="script.js"></script>
</head>

<body>{output from pastebin}</body>
</html>

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: Uncurlhalo on April 27, 2012, 09:18:42 PM

Quote from: BTC_Bear on April 27, 2012, 09:13:25 PM

http://pastebin.com/KRuYZc73

Ordered from Highest Hash in CSV format. Winner would be the last on the list, next up would be second place, etc...

Cool. I ended up being like 50th from the bottom. I have no luck. Oh well!

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: jamesg on April 27, 2012, 09:24:30 PM

If the winner could please contact me via PM so that I can verify they own the email address, I would appreciate it.

We have a mining contract to fulfill!

Thanks to everyone for playing and I wanted to ask you guys a question.......

Would you be interested in a raffle for a BFL single?

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: chume on April 27, 2012, 09:25:24 PM

yes

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: tgmarks on April 27, 2012, 09:26:19 PM

yes

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: mc_lovin on April 27, 2012, 09:26:37 PM

Quote from: gigavps on April 27, 2012, 09:24:30 PM

Yes! I'll buy a ticket or two for that!

Even raffle off another week of 50GH/s again!!

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: Uncurlhalo on April 27, 2012, 09:26:55 PM

Quote from: gigavps on April 27, 2012, 09:24:30 PM

Very much yes.

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: rjk on April 27, 2012, 09:29:29 PM

gigavps and amazingrando have figured out how to become rich! Just appeal to the gambling instinct...

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: JusticeForYou on April 27, 2012, 09:44:11 PM

Quote from: Uncurlhalo on April 27, 2012, 09:18:42 PM

Quote from: BTC_Bear on April 27, 2012, 09:13:25 PM

http://pastebin.com/KRuYZc73

Ordered from Highest Hash in CSV format. Winner would be the last on the list, next up would be second place, etc...

Cool. I ended up being like 50th from the bottom. I have no luck. Oh well!

This was an edit mistake, I tried to correct really quick. I had two pastebin's ascending and descending. But you can check for yourselves now.

If anyone wants the other order let me know.

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: wogaut on April 27, 2012, 09:52:16 PM

Quote from: gigavps on April 27, 2012, 09:24:30 PM

Yes, please! :)

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: Sukrim on April 27, 2012, 10:02:10 PM

Quote from: gigavps on April 27, 2012, 09:24:30 PM

Thanks to everyone for playing and I wanted to ask you guys a question.......

Would you be interested in a raffle for a BFL single?

I consider raffles with unlimited tickets as something very close to a scam.
Even with limited tickets and fixed prices I am not really fond of them, so I'd vote "no" on this.

Also please post them in the "Gambling" section, not in "Marketplace" in the future, should you do it again.

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: JusticeForYou on April 27, 2012, 10:02:23 PM

Quote from: wogaut on April 27, 2012, 09:52:16 PM

Quote from: gigavps on April 27, 2012, 09:24:30 PM

Yes, please! :)

You wish is my command: From Highest to Lowest: http://pastebin.com/yd5YJddA

err... sorry. Brain thinking faster than eyes.

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: arij on April 27, 2012, 10:09:22 PM

how do we know who the winner is?

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: cncguru on April 27, 2012, 10:12:21 PM

OK, wow that was fun!!!

Now how about a raffle for a mini rig box???

(BFL has to deliver one first I guess,LOL)

;D ;D ;D ;D ;D ;D ;D

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: JusticeForYou on April 27, 2012, 10:13:17 PM

Quote from: arij on April 27, 2012, 10:09:22 PM

how do we know who the winner is?

I've posted two pastebin's

http://pastebin.com/KRuYZc73 Ordered from the lowest to the highest.

AND

http://pastebin.com/yd5YJddA Ordered from the highest to the lowest.

Ticket #562 is the winner per giga's rules.

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: arij on April 27, 2012, 10:34:38 PM

and how do we know who had ticket #562?

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: jamesg on April 27, 2012, 10:37:09 PM

Quote from: cncguru on April 27, 2012, 10:12:21 PM

OK, wow that was fun!!!

Now how about a raffle for a mini rig box???

(BFL has to deliver one first I guess,LOL)

;D ;D ;D ;D ;D ;D ;D

cncguru has verified that he is owner of the email address that purchased the winning ticket.

Amazingrando and I offered him two options:

1. Mining with the hashing power for a week at the pool of his choice.
2. Take a payout right now of 110% PPS to current difficulty.

cncguru chose option #2.

http://blockchain.info/tx-index/4499138/9c755b8bf077dcf514e5cd338686c6db55f21f346d060c1103bbf3a54b65e4c8

http://blockchain.info/tx-index/4499171/a0b9120b4dd3899093b22c6a2b625c5846ad2b252092065ca9e4f60ac243b07a

Thanks again to everyone for playing!

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: jamesg on April 27, 2012, 10:41:19 PM

Quote from: arij on April 27, 2012, 10:34:38 PM

and how do we know who had ticket #562?

Hi arij,

Please look back through the thread on pages 8 and 9.

Thanks,
gigavps

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: JusticeForYou on April 27, 2012, 10:41:38 PM

Quote from: arij on April 27, 2012, 10:34:38 PM

and how do we know who had ticket #562?

Ah, I see what you're asking.

Well cncguru claims to be the winner. If you know the email that he used when he purchased the ticket, you could check the sha256 has to see if it matches. That would confirm the email hash part of the Winning Equation.

I do not know how the ticket numbers were issued and when placed for the second part of the equation.

The third part was just the block hash.

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: cncguru on April 27, 2012, 10:44:05 PM

Yes indeed I can confirm receipt of the BTC

Thanks Gigavps and Amazingrando!!

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: jamesg on April 27, 2012, 10:44:56 PM

Quote from: BTC_Bear on April 27, 2012, 10:41:38 PM

Quote from: arij on April 27, 2012, 10:34:38 PM

and how do we know who had ticket #562?

cncguru has confirmed he owns the address that purchased the tickets.

As for ticket numbers, they are based on the sequence in which orders came in to bit-pay.

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: arij on April 27, 2012, 11:06:03 PM

ah thanks, bummer i did not win, but i will try again next time!!

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: jamesg on April 27, 2012, 11:10:17 PM

Quote from: arij on April 27, 2012, 11:06:03 PM

ah thanks, bummer i did not win, but i will try again next time!!

Speaking of next time, how often would you like to see raffles on the forums?

I want to raffle off a BFL single and I will, but I'm wondering about the timing.

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: arij on April 27, 2012, 11:19:15 PM

I think you should start that raffle now because I would be quite interested in that but I cannot speak for everyone else.

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: amazingrando on April 27, 2012, 11:30:19 PM

Quote from: cncguru on April 27, 2012, 10:44:05 PM

Yes indeed I can confirm receipt of the BTC

Thanks Gigavps and Amazingrando!!

Congratulations cncguru! Go do something fun with all those coins! ;D

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: filharvey on April 27, 2012, 11:49:24 PM

All I can say is damn :-( I did not win, but well done on a well run raffle. Congrats to the winner.

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: jamesg on April 28, 2012, 12:19:09 AM

Quote from: arij on April 27, 2012, 11:19:15 PM

I think you should start that raffle now because I would be quite interested in that but I cannot speak for everyone else.

Ask and you shall receive....

https://bitcointalk.org/index.php?topic=78304.0

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: Justin00 on April 28, 2012, 01:03:28 AM

just for educational purposes, how would I work out what ticket I had ?

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: JusticeForYou on April 28, 2012, 01:05:50 AM

Quote from: justinm001 on April 28, 2012, 01:03:28 AM

just for educational purposes, how would I work out what ticket I had ?

sha256(TheEmaiThatYouUsed)

get the result

find it on the list

look at the ticket number

If you pm me, the email you used, I'll find it for you.

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: Justin00 on April 28, 2012, 01:10:53 AM

cool thanks for that :)

Used an online generator site and got it. thanks again

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: check_status on April 28, 2012, 03:40:14 AM

sha256sum provides different results.

Code:

$ echo "emailaddress@domain.com" | sha256sum
9d886f71d7ee1dc93e058fafd21f25715eff3b779b68070053c728551621d37b  -

www.online-convert.com sha256 hash of emailaddress@domain.com returns
c78f0c7d38ff568dce69dd355e7759a1e962b5c83ff85884ce02f650c2d0d646

Why the discrepancy.

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: bitlotto on April 28, 2012, 03:54:39 AM

Quote from: check_status on April 28, 2012, 03:40:14 AM

sha256sum provides different results.

Code:

$ echo "emailaddress@domain.com" | sha256sum
9d886f71d7ee1dc93e058fafd21f25715eff3b779b68070053c728551621d37b  -

www.online-convert.com sha256 hash of emailaddress@domain.com returns
c78f0c7d38ff568dce69dd355e7759a1e962b5c83ff85884ce02f650c2d0d646

Why the discrepancy.

you need "-n" for no newline

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: farfiman on April 28, 2012, 04:08:49 AM

Quote from: gigavps on April 27, 2012, 10:37:09 PM

Quote from: cncguru on April 27, 2012, 10:12:21 PM

OK, wow that was fun!!!

Now how about a raffle for a mini rig box???

(BFL has to deliver one first I guess,LOL)

;D ;D ;D ;D ;D ;D ;D

Kind of dissapointing that he took the coins... I know its easier for you guys but its no different than bitlotto ... the whole point was getting the hashing power ....

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: bitlotto on April 28, 2012, 05:59:53 AM

Quote from: farfiman on April 28, 2012, 04:08:49 AM

Kind of dissapointing that he took the coins... I know its easier for you guys but its no different than bitlotto ... the whole point was getting the hashing power ....

I kind of agree. It was neat that it was different than just BTC but kind of sad it changed right at the end. BitLotto is different though. I don't offer an prize and sell way more tickets than the prize is worth. I just always pay 99% of whatever people put in. ;) Offering an amount at the beginning to raffle off would IMHO be a rip off. The suckers at the beginning would play but everyone else would wait till the end to see if the number of tickets sales is higher or lower than the prize amount. If it's lower it's a good deal and the operator ends up losing BTC. If it's higher than the money is better spent at BitLotto for the odds are better compared to the prize. Who knows how many people would really pay attention though.

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: jamesg on April 28, 2012, 09:20:29 AM

Quote from: bitlotto on April 28, 2012, 05:59:53 AM

Quote from: farfiman on April 28, 2012, 04:08:49 AM

Kind of dissapointing that he took the coins... I know its easier for you guys but its no different than bitlotto ... the whole point was getting the hashing power ....

I am sorry you guys feel this way.

Amazingrando and I put up large sums of our mining income with no idea what was going to happen. We also over delivered on option #2 by paying 110% PPS which cncguru was super excited about. It was his choice to make.

Finally, the results of the raffle, IMHO, went off without hassle and we had third party validation of the results.

I could not have asked for a better result and am very pleased with how things turned out.

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: farfiman on April 28, 2012, 09:47:44 AM

Quote from: gigavps on April 28, 2012, 09:20:29 AM

True , but why give him the option? It wasn't in the original post. Anybody could start a raffle with 200 btc as a prize.
Yours was special BECAUSE it was Mining power as a prize. Will It be possible to trade the the next 1st prize ( BFL thingy) for its
worth in coins? Oh well, maybe I'm just trolling but its the way I feel.... Still congrats to the winner :)

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: Otoh on April 28, 2012, 10:36:36 AM

Quote from: BTC_Bear on April 27, 2012, 08:40:52 PM

Quote from: wogaut on April 27, 2012, 08:35:20 PM

'tis a good point. I'll kick giga a BTC to pay the highest hash. :)

Well this is an excellent idea, it is no easy thing to get the furthest possible hash from the winning one, though it doesn't in the least surprise me that it was one of my tickets (from 369 to 413) that scooped the booby prize, thanks to the OPs for a fun game & whilst not the best in town I still enjoyed it.

Congrats to cncguru, Bravo! :)

Edit: & re offering a BTC cash alternative prize option after the draw, I don't have any problem with this - if it's what the winner wishes to choose then that's an extra benefit to him & if someone else had won it & choose to go with the mining contract then the OPs would honer that & help set it up for them if needed so np, same for any future BTC cash equivalents - they're a bonus that's all

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: rjk on April 28, 2012, 05:19:53 PM

So since you still have all the mining power available to you, how much will it cost me to have a stress test against my instance of ecoinpool that I set up? I only want an hour or 2 of lots of speed to see how well it works.

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: amazingrando on April 28, 2012, 05:29:07 PM

Quote from: rjk on April 28, 2012, 05:19:53 PM

I'm working on a central config that would allow me to do this pretty easily (giga probably has a better setup in this respect) But given the number of rigs I'd have to change over in my present setup it would be a lot of work if you needed a lot of hash power. How many gh/s are you thinking?

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: rjk on April 28, 2012, 05:32:00 PM

Quote from: amazingrando on April 28, 2012, 05:29:07 PM

Quote from: rjk on April 28, 2012, 05:19:53 PM

I dunno, I just wanted to turn it up until either my virtual machine crashed or my internet connection went down. I wish p2k was back with some updates though.

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: Otoh on April 28, 2012, 06:19:47 PM

"what would you do with your winnings"

another bonus for the winner in taking an instant BTC cash prize option instead of mining for a week is that it gave him the potential to sell those 300 odd coins (haven't checked prob 220 - 250 but same principle) @ > $5.10 then short 10:1 on Btca with the $ equivalent of 3,000 coins margin, buying back in today < $4.9 for a clear $600 profit on the short, so now holding $2,130 or 435 coins, one third more in just 1 day after the spreads say, so that even BTC bears may want to play

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: jjjrmy on April 29, 2012, 09:44:31 PM

Quote from: bitlotto on April 28, 2012, 05:59:53 AM

lotto != raffle
You're comparing two completely different things.

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: jamesg on April 29, 2012, 09:46:30 PM

In case anyone was wondering, 50 BTC of the proceeds from this raffle went to ckolivas for his work in reengineering the networking portion of cgminer to make it work better with gpumax.

Thanks ckolivas!

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: BinaryMage on April 30, 2012, 02:23:45 AM

Quote from: gigavps on April 29, 2012, 09:46:30 PM

That was kind of you, kudos.

Title: Re: [CLOSED] 50Gh 1 week mining contract worth ~230 BTC
Post by: eroxors on April 30, 2012, 03:11:16 PM

Quote from: gigavps on April 29, 2012, 09:46:30 PM

Very nice!