When showing the help via
./LBC -h the 1st option you saw was
--address <BTC P2PK address>
Give a BTC address for rewards to this client. NYI
The NYI (not yet implemented) will be gone with the next version of the LBC client and also the type of the BTC address is not constrained anymore (you can give a P2SH as well).
I intend to release the next LBC client this weekend and yours will most probably auto-update - so leave the download section alone for now
.
$ ./LBC -h
LBC - Large Bitcoin Collider v. 1.005
client fingerprint: 8eb48dd9fd0a77b8b4110be83baf04c2
Usage:
LBC [options]
Options:
--address <BTC address>
Give a BTC address for rewards to this client.
(remark: The to-be-released-client will probably have a bigger version number than 1.005)
So how does setting a BTC address look like and what will it do?
You can set a BTC address for the id you own any time/as often as you want, but only the last value is valid. You can check the BTC address set via query (
-q). And you can do both in one step:
$ LBC -q -a 1DoofusZqKv2wDhUAvKRjUPVQsyZw3NKCw
Server answer to 'query' is:
{
"done" : 18075470,
"btcadr" : "1DoofusZqKv2wDhUAvKRjUPVQsyZw3NKCw",
"ips" : {
...
},
"lastsee" : ...
}
'done' means we have delivered 18953.504 valid Gkeys.
From then on, the given BTC address is attached to your id and whatever reward - relevant to your client - the pool will issue, will be paid to this BTC address (or whichever is active at time of payout - as you can change them as often as you want).
Wait - what reward?! When the pool started, i planted some small bounties in the search space for any client to find. Some may remember 1AKKm1J8hZ9HjNqjknSCAfkLR4GgvCAPjq and 1TinnSyfYkFG8KC3gZ72KpYxBXsxSadD8.
While this is some fun and I plan doing so again, it's more of a "the winner takes it all" game and that's not what pools are about - is it?
So there will be another incentive, but this time - with a BTC address attached to an id - the pool can reward clients proportionately.
Let's say - and this is just a thought experiment / example - I put out a 1 BTC reward to be distributed among all ids in the top30 (except __rico666__ - of course) proportionately to their delivered GKeys, with this in place I can do so.
Or let's say the pool does find something and no one claims ownership - we can use this for distribution of the find.
Or let's say the pool does find something, the rightful owner does claim (and prove) ownership and we can distribute a finders fee among the clients... or ... or ...
Some time ago, I promised to make sure people who supported the pool early on will have favors. The 1st such favor will be, that any id in the top30 will get a GPU client for free (i.e. as many GPU client instances as you want/need - for your id), everyone else wanting the GPU client will fork out 0.1 BTC
I reserve the right to give out GPU freebies to special supporters - like arulbero - should they be interested. Also, the price for becoin is 0.5 BTC.
The 0.1BTC for any GPU client will not be paid to yours truly (aka me), but - see above - proportionately to all pool members
except myself. Specs of the GPU client will follow soon.
So maybe it is time to have a look at the cost-benefit evaluation of being in the top30 of the LBC:
The cheapest price/performance AWS compute nodes will allow you to compute/check 65 Gkeys for 40 us cent. If I look at some examples of the current top 30:
Rank Client Id #GKeys Activity
1 Unknownhostname 101313 3m 6s
2 a01f54a6df31b6d9075a99507b7c4a27 48206 5m 25s
3 Brother_of_Castor 44736 3m 54s
4 HeavenlyCreatures 37771 1m 16s
...
7 JudeAustin 17611 4m 15s
...
13 John_Snow 6238 2h 15m 12s
...
30 a14f027942e6f0507083a3d4f2ae376f 1866 13d 21h 14m 56s
based on the AWS price, #30 is worth some $11, John_Snow delivered keys worth about $38, Unknownhostname about $623(!) etc.
So right now, if you are not in the top30 and want a GPU client, it's way cheaper to deliver some Gkeys than 0.1BTC
Once you are in top30 and you have a GPU client, you will be part of the LBC establishment for quite some time to come.
If you are not in the top30, but have delivered quite some Gkeys under different ids (different computers, hardware changed, etc.), I repeat my offer to merge your contributions to one id.
Right now, the vast majority of the pool performance comes from Unknownhostname and HeavenlyCreatures. That is two guys (or groups - but I believe guys), delivering over 80% of the pool performance. Most of the ids in the top30 are dormant as you can see. The entry barrier is f*ing low, so carpe diem.
Rico
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