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Author Topic: I am floating an idea here a sidehack usb stick solo pool.  (Read 4289 times)
philipma1957
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August 25, 2015, 10:38:58 PM
 #21

i like this club idea.. i havent purchased a stick yet, but im thinking about getting a couple..

but why limit it to one stick? you should just limit it to one share (per user), and then let them run whatever they want.. extra hash is a bonus and would help potentially get a block..





yeah I am thinking to try to make it more then 1 stick  which = 1 share  but each proxy is 100 sticks.

if we need to do 2 or 3 or 4 proxies for those that want in we can do it that way.

thus a proxy = 100 sticks and you get x/100   x is your sticks at the proxy.

   So if proxy one hits a block  every one would be at say .24 btc a share  and would have achived roi for that set of sticks.


I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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aarons6
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August 25, 2015, 10:47:55 PM
 #22

i like this club idea.. i havent purchased a stick yet, but im thinking about getting a couple..

but why limit it to one stick? you should just limit it to one share (per user), and then let them run whatever they want.. extra hash is a bonus and would help potentially get a block..





yeah I am thinking to try to make it more then 1 stick  which = 1 share  but each proxy is 100 sticks.

if we need to do 2 or 3 or 4 proxies for those that want in we can do it that way.

thus a proxy = 100 sticks and you get x/100   x is your sticks at the proxy.

   So if proxy one hits a block  every one would be at say .24 btc a share  and would have achived roi for that set of sticks.



i understand but instead of making it complex, you could make it like this.

open the club proxy up. and have it set so each user gets x amount of the block reward..

that way say you get 100 people.. thats 1/100 of the block reward, or .24.. but if one person wanted to put 5 sticks in.. he would still only get .24 but that would fetch him more btc (potentially if you get a block) then if he put those on a pool (since they make very little on a pool, might not even get past the dust limit).

kind of like a pool that divvies up per user instead of share rate..


Jake36
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August 26, 2015, 12:08:36 AM
 #23

Could be a nice project. 100 stick will give us 1.5 th  Tongue not bad!  Grin

yeah 100 sticks at freq 250  should do 1.35th  …..    5 watts at the stick but you need count the controller

there are ways to run this and more sticks to your other pools.  you can run bfg miner and cg miner at the same time on a decent pc.

point to the proxy with the cg miner build and point to bfg miner the other sticks.  I did this on a few windows 7 builds  with gridseed blades and u2 sticks.


I think it is workable.  We will need a proxy that tracks the 100 sticks  and the hash rate.  it then needs to point it all at ck's pool.

everyone  mines to the proxy  this is very much like using nicehash's service to solo mine.

difference is it will be cheap to lose. (Assuming we never hit a block)

cost 25 for the stick and at 30 days  of mining  you spend  5 maybe 6 kwatts of power thats  only 1.20 usd at 20 cents a kwatt.

I'm going to be running with the Pi, so I don't know if it would handle running both bfg and cg miners (might ?).

What the heck, count me in, I'll just run 1 for 30 (or is it 60?) days.

It'll give me time to look at set up I'm thinking of doing with an old pc case w/PSU, modify a cheap 10 port usb hub, along with the Pi, mounted inside the case, with a couple of fan's, power everything off the PSU (use old stuff on hand to make new). See what kind of power that draws and crank the sticks up to ~ 20 - 25GH if there is power (maybe by that time, 5 more sticks might be in the cards (which .24 would help a lot  Grin)) .
philipma1957
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August 26, 2015, 12:17:25 AM
 #24

well we are floating ideas.   

the idea of 100 people in a proxy each getting 1/100 of the block but allowing them to donate more then 1 stick is intriguing. Not sure  if someone would want to run 2 or 3 sticks and collect the same as a guy running 1 stick but ultimately  we can figure it out.

As for a time frame  maybe 30 days not 60.

Since  even 100 sticks doing 1330gh for 30 days is not likely to hit  a block.

Still  the idea has potential.   


I think 30 days a run is better then 60.

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
vapourminer
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what is this "brake pedal" you speak of?


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August 26, 2015, 12:39:59 AM
 #25

just gonna put this out..

sidehacks sticks are capable of going far beyond stock. mine will be more or less stock (I dont want a fan on the one plugged into my HTPC in the living room so it will be passively cooled only) but Im sure others will wind theirs up to twice or more what mine will likely be at.

do those with greater hash per stick deserve more if a block is indeed found?

anyway to do a payout percentage proportionate to hash rate? or is that too much as this is more a fun thing to do rather than a money making thing (seems to me anyway).
Jake36
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August 26, 2015, 01:01:46 AM
 #26

well we are floating ideas.   

the idea of 100 people in a proxy each getting 1/100 of the block but allowing them to donate more then 1 stick is intriguing. Not sure  if someone would want to run 2 or 3 sticks and collect the same as a guy running 1 stick but ultimately  we can figure it out.

As for a time frame  maybe 30 days not 60.

Since  even 100 sticks doing 1330gh for 30 days is not likely to hit  a block.

Still  the idea has potential.   


I think 30 days a run is better then 60.

Had a 750-850GH hasher hit a block on kano 4 hours ago. So you never know  Wink
philipma1957
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August 26, 2015, 02:35:05 AM
Last edit: August 26, 2015, 02:48:40 AM by philipma1957
 #27

just gonna put this out..

sidehacks sticks are capable of going far beyond stock. mine will be more or less stock (I dont want a fan on the one plugged into my HTPC in the living room so it will be passively cooled only) but Im sure others will wind theirs up to twice or more what mine will likely be at.

do those with greater hash per stick deserve more if a block is indeed found?

anyway to do a payout percentage proportionate to hash rate? or is that too much as this is more a fun thing to do rather than a money making thing (seems to me anyway).
good point i run mine at freq 250 this is what the stock cgminer 4.9.2 maxes at.

this would need a high powered usb hub with 1.1 amps and while i did a 15 hour fanless run i would not run the stick 24/7/365 at this setting.

i think asking for 10 gh would be fair but i am not sure if everyone can get
a stick to run at freq 200 without a decent hub.

we need to have an idea exchange.

  my idea goes like this  100 shares in the proxy
minimum 1 stick at freq 175 gives about 8.6 gh
you can use more hash then 8.6 gh  but you get 1/100

I may run my 1 at freq 250 which is 13.5 gh  so I would be donating about 5 gh  to the  100 share proxy

the idea is that particular stick you put in cost you 25 usd and 30 days of mining is about 1 dollar  so  the chance at .24 btc makes the stick a profit if the proxy hits a block.   

as long as you have 1 stick in at freq 175 you should be qualified. at 1/100
if you have a stud hub and want to run your stick at freq 250 or more its more like you are a team player.

Remember running at freq 175 saves money , can run fanless is truly a silent miner

and everyone can do freq 175   gives us around 880 gh as a team 

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
thimo
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August 26, 2015, 02:48:14 AM
 #28

even with CPU you can be lucky and find a block

i can rent this1
philipma1957
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August 26, 2015, 02:50:01 AM
 #29

even with CPU you can be lucky and find a block

well there is lucky and then there is unreal luck.  but you are correct it could happen.

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
Mikestang
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August 26, 2015, 03:50:51 AM
 #30

even with CPU you can be lucky and find a block

well there is lucky and then there is unreal luck.  but you are correct it could happen.

It could, but it won't.

Lucky is solving a block solo with <1TH at today's difficulty.  Unreal luck is the guy who earlier this year hit 5 solo blocks renting hash in a matter of a few weeks.  Solving a block at >50,000,000,000 difficulty with a cpu ain't gonna happen, let's be realistic.
philipma1957
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August 26, 2015, 04:06:55 AM
 #31

even with CPU you can be lucky and find a block

well there is lucky and then there is unreal luck.  but you are correct it could happen.

It could, but it won't.

Lucky is solving a block solo with <1TH at today's difficulty.  Unreal luck is the guy who earlier this year hit 5 solo blocks renting hash in a matter of a few weeks.  Solving a block at >50,000,000,000 difficulty with a cpu ain't gonna happen, let's be realistic.

I was realistic remember I used the term unreal luck. Roll Eyes

to better show what both you and I mean.


1th should make a block in around 100 months.

so the 100 share proxy has a 1/100 shot to hit a block if we run it for a month.

kind of fun and why not.

  100 to 1 thats lucky

1 stick for that month is 10,000 to one thats very lucky

1 cpu doing 100 mh    is 1,000,000 to one thats unreal luck as I don't really expect to get a block if I am running a cpu  and I actually believe my math is off by a factor of 100 since a cpu may do KB's not mb's

so 1,000,000 to one or 100,000,000 to one are pretty much both in the world of unreal luck.

100 to one. I have been there and done that.

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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August 26, 2015, 01:02:16 PM
 #32


Well, one option is everyone gets one miner (unless we don't get 100 players), and we let it run until we hit a block. We can pick a minimum speed, near the max but not overwhelming, to add a lil' juice. Higher is, of course, welcome. Assuming that it isn't a major production to do so, of course.

As people drop out for whatever reason, gamers (heh) could add to their stock, or we can invite other people to throw one in.

To keep it simpler, if your miner is in the pool and the pool hits, you get 0.24. No matter if you just started yesterday, or you've been in from day one. If you drop from the pool, you're out. No payout.

This idea adds a bit of fun (For Duty and Humanity!) teamwork. And possibly a nice lil' reward.

Support sidehack miner development. Donations to: 1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
philipma1957
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August 26, 2015, 01:48:21 PM
 #33


Well, one option is everyone gets one miner (unless we don't get 100 players), and we let it run until we hit a block. We can pick a minimum speed, near the max but not overwhelming, to add a lil' juice. Higher is, of course, welcome. Assuming that it isn't a major production to do so, of course.

As people drop out for whatever reason, gamers (heh) could add to their stock, or we can invite other people to throw one in.

To keep it simpler, if your miner is in the pool and the pool hits, you get 0.24. No matter if you just started yesterday, or you've been in from day one. If you drop from the pool, you're out. No payout.

This idea adds a bit of fun (For Duty and Humanity!) teamwork. And possibly a nice lil' reward.

I like that we could do 2 proxies the 30 day  and the lifetime well long term maybe not lifetime.  that may be the best idea

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
brush242
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August 26, 2015, 01:57:08 PM
 #34

Well, one option is everyone gets one miner (unless we don't get 100 players), and we let it run until we hit a block. We can pick a minimum speed, near the max but not overwhelming, to add a lil' juice. Higher is, of course, welcome. Assuming that it isn't a major production to do so, of course.

As people drop out for whatever reason, gamers (heh) could add to their stock, or we can invite other people to throw one in.

To keep it simpler, if your miner is in the pool and the pool hits, you get 0.24. No matter if you just started yesterday, or you've been in from day one. If you drop from the pool, you're out. No payout.

This idea adds a bit of fun (For Duty and Humanity!) teamwork. And possibly a nice lil' reward.
I like that we could do 2 proxies the 30 day  and the lifetime well long term maybe not lifetime.  that may be the best idea

Right, and by "lifetime" I meant until it makes zero sense, or until enough people drop that there's no real point.

It is a great idea, thank you.

Support sidehack miner development. Donations to: 1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
sloopy
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August 26, 2015, 11:12:25 PM
 #35

Color me down with this sickness. I am definitely in!

Transaction fees go to the pools and the pools decide to pay them to the miners. Anything else, including off-chain solutions are stealing and not the way Bitcoin was intended to function.
Make the block size set by the pool. Pool = miners and they get the choice.
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August 27, 2015, 02:20:55 AM
 #36

I'm in with the 3 that I ordered...
vapourminer
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what is this "brake pedal" you speak of?


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August 27, 2015, 04:13:20 AM
 #37

Well, one option is everyone gets one miner (unless we don't get 100 players), and we let it run until we hit a block. We can pick a minimum speed, near the max but not overwhelming, to add a lil' juice. Higher is, of course, welcome. Assuming that it isn't a major production to do so, of course.

As people drop out for whatever reason, gamers (heh) could add to their stock, or we can invite other people to throw one in.

To keep it simpler, if your miner is in the pool and the pool hits, you get 0.24. No matter if you just started yesterday, or you've been in from day one. If you drop from the pool, you're out. No payout.

This idea adds a bit of fun (For Duty and Humanity!) teamwork. And possibly a nice lil' reward.
I like that we could do 2 proxies the 30 day  and the lifetime well long term maybe not lifetime.  that may be the best idea

Right, and by "lifetime" I meant until it makes zero sense, or until enough people drop that there's no real point.

It is a great idea, thank you.


cool.

I have two coming. Ill run one at the 30 day, and probably one at the "lifetime." after the 30 day pool is done Ill take that one and perform absolutely cruel and stupid experiments on it..  I love destructive testing it has vapourminer written all over it Smiley
bmoscato
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September 08, 2015, 10:02:15 PM
 #38

Is this idea still a possibility once everyone gets their sticks?
Jake36
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September 09, 2015, 02:37:31 AM
 #39

I'm still up for it.

Heres an ideal, say only 50 people want to get in and if they each have 2 sticks (or more, depending on the number in), it's still 100 sticks and 1/100, just instead of .24BTC per person, it's .24BTC per stick.

Guess just have to wait to see after everyone gets the sticks and get a good number of how many is interested for sure.
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September 09, 2015, 11:48:47 AM
 #40

Phil did you start the creation of the pool ??

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