After 30 days if we can figure a good easy way to count everyone's hash rate we may do that. Not sure maybe someone comes up with a good idea that is easy to do.
If it helps, I could extend my notification script so that it reports the hash rates of the monitored addresses at the time a block is hit. Basically you (or anyone) could run the script with the published list of club workers. If a block is hit, anyone who is running the script will receive an email with the list of workers and their hash rates at that moment.
I know that most forum members have the utmost respect for you Phil. We trust that you'd accurately carve out the winnings.
But the nice thing about this approach is that anyone who cares about the result of a found block by the club can subscribe to notifications for the same club list. So there could be corroboration of the numbers by any forum member who wants to receive the notifications. It's kind of fitting that there's the opportunity of distributed validation of each other's hash rates. It mirrors the distributed underpinnings of the coin itself.
The current script resolution is plus or minus 5 minutes of a block discovery event, but that's easy to tighten up if desired. That said, it might not matter if the agreement is that we use the 1 day hash rate average, or something like that, to determine the reward split.
There's other algorithms that we could consider, but it probably makes sense to keep this simple. Also, someone else might have a better way to do this. It doesn't hurt my feelings if someone has a better alternative.
Of course since the likelihood of cracking a block is low, we should probably temper our efforts for whatever works and not spend too much time on an ideal solution.
It is late and I am a bit tired but sounds like a plan.
If you shoot me a pm with instructions on setup I can set it up in the morning.
Simple is best. At least in the first 30 days.
To give new people what we are dealing with odds wise.
I am donating a lot of hash to this. which more then 3x your chance at a block if you do the 1 stick min.
So lets say I send 5th ¼ of each day (via rental as a donation) this is 1.25th or 100 sticks at freq 225. plus I am running 20 sticks at freq 125. thats is 135gh so. If you add 1 stick you are getting the benefit of all this free hash.
It is why for the first 30 days give 1 share each vs me taking ½ really makes a stick mining here as a solo a better shot then at home.
so lets say with my hash some other donors and the 1 stick guys. we average 2th a day. in a world of
frozen diff that 2th would earn .5btc in 1 month .5btc is 1/50 of a block. So the chance of hitting 1 block the first 30 days is about 50 to one. right now you would get around 1.38 btc
this is very rough math but not far off.
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