Sidehack stick solo pool club

[aarons6]

Should we have a limit at some point?  How many members are we shooting for?

I thought about having multiple groups at once, that that is kinda a pain and would suck if one group get's lucky and other does not.  So I think staying to one group is best.

too much work

as for a limit  twentyfive -thirty after that shares get too low

you can have 100 users with 8ghs sticks and if the pool gets a block you would still make more btc then you would get in 100 months of mining. which is over 8 years..

Part of the fun is the chance of big win.  If we go into 100's it's not near as fun.   

With low costs to run these we can run them for a very long time.  Chances of hitting block are small yes... but still fun to try.

with the block reward halving we might see a huge crash in the bitcoin netowrk.. these smaller miners might be the only thing running unless the price of bitcoin doubles or they come up with miners that cost half as much to run.

[alh]

Thanks for letting me join late, I appreciate it.

Should have 2 sticks cooking along at about 20GH at this time. Best of luck to us!!!

[philipma1957]

Thanks for letting me join late, I appreciate it.

Should have 2 sticks cooking along at about 20GH at this time. Best of luck to us!!!

You are up and make  the 26 member.

[Jake36]

LOL, the club might be getting it's first dust payment sometime in the future.

Was playing with the pools and copied  stratum.kano.is over (was only ~ 23-24 gh for ~ 6-7 hours), instead of of solo.ckpool.org (and kano's just got a block about 45 min ago). So a little extra to add to a payout if we get lucky and get a block. 

[VirosaGITS]

LOL, the club might be getting it's first dust payment sometime in the future.

Was playing with the pools and copied  stratum.kano.is over (was only ~ 23-24 gh for ~ 6-7 hours), instead of of solo.ckpool.org (and kano's just got a block about 45 min ago). So a little extra to add to a payout if we get lucky and get a block. 

Haha, i'm sure Phil won't mind putting that dust toward the split, if we ever get one, but i'm not sure if such little amount over n5 share can be paid out?

[Finksy]

Time for a little boost

[philipma1957]

Time for a little boost

and I also boosted with todays hash rental at west hash


F #659367   0.0082   5.00   

Remaining: 0.01052965 BTC


we are pulling 0ver 14th

http://solo.ckpool.org/users/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX

[alh]

Should I want to add my SP20 for a day or two, do I just use the wallet address without my .alhstick suffix? I would guess that's right, but just thought I would ask.

[VirosaGITS]

Should I want to add my SP20 for a day or two, do I just use the wallet address without my .alhstick suffix? I would guess that's right, but just thought I would ask.

In this case i believe it would be .alhdonation;

http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.alhdonation

Your worker name;
1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.alhdonation
on stratum+tcp://solo.ckpool.org:3333

I am unsure if this let you obtain a share if you did not buy a stick as well.

[Mikestang]

and copied  stratum.kano.is over (was only ~ 23-24 gh for ~ 6-7 hours), instead of of solo.ckpool.org (and kano's just got a block about 45 min ago). So a little extra to add to a payout if we get lucky and get a block. 

If you had it pointed there for long enough to max out the 5Nd that hash would have been rewarded about 30,000 satoshi; for only 6 hours it probably didn't generate enough shares to make it over the dust payout threshold.

[pepto]

Individual sticks on kano.is can only generate dust which amounts to no pay. Imagine if the 'smaller' donations were sent to kano under an umbrella account, under phil's control, so that the combined effort could reap  some incoming coin. Larger doners could of course maintain their visibility on the club roster. It's fun to mine, but it's also fun to receive a little bitty payout once in a while.

[VirosaGITS]

Individual sticks on kano.is can only generate dust which amounts to no pay. Imagine if the 'smaller' donations were sent to kano under an umbrella account, under phil's control, so that the combined effort could reap  some incoming coin. Larger doners could of course maintain their visibility on the club roster. It's fun to mine, but it's also fun to receive a little bitty payout once in a while.

The hash rate is so tiny, it's not productive to donate that way. Just put the hashrate toward the lottery prize, that way in the infinitesimal chance where it will find a block, the club will benefit greatly.

Otherwise, a collective dust payout is still a grain of sand in the desert of money being thrown at this club to make it work. Just see how much rented hashrate Phil is putting toward this. The value of the hardware and the cost of the electricity.

[edonkey]

If you are mining with a single cgminer at diff D with G GHs of hardware then you'll expect, on average:
 1 share every (D * 2^32) / (G * 10^9) seconds
Yeah that's obvious of course.

Or to simplify it you get 1 share every ~4.3 * D / G seconds
So at G = 32, a D of 32 will mean ~4.3 seconds per share, on average.

Anyway, yes your share rate depends on your total hash rate G vs the difficulty you are using D
So if you double G and keep D the same, then yes you'll get, on average, twice as many shares.

Your miner should also show a WU value that matches that anyway (but in shares per minute)

Great info! Thanks for the formula.

Interestingly enough, I had already settled on a difficulty of 32 before reading this. But the way I got there was not mathematical at all.

Basically I watched the log entries go by mumbling "one Mississippi, two Mississippi, ..." until it got to around 5 seconds per share

[Mikestang]

Individual sticks on kano.is can only generate dust which amounts to no pay.  

Incorrect.  With the current size of the Kano ckpool you need about 13-14GH/s or so at the full 5Nd to receive a payment greater than the pool dust threshold (10,000 satoshi).  This is easily achievable with a single stick.  I currently have 2 compacs @ 225 freq pointed at kano.is for about 20-24GH average and I'm seeing almost 30,000 satoshi per block (these two compacs run on a computer that's on all the time and I don't pay electricity, so I look at it as free microearnings).

[Jake36]

Individual sticks on kano.is can only generate dust which amounts to no pay.  

Incorrect.  With the current size of the Kano ckpool you need about 13-14GH/s or so at the full 5Nd to receive a payment greater than the pool dust threshold (10,000 satoshi).  This is easily achievable with a single stick.  I currently have 2 compacs @ 225 freq pointed at kano.is for about 20-24GH average and I'm seeing almost 30,000 satoshi per block (these two compacs run on a computer that's on all the time and I don't pay electricity, so I look at it as free microearnings).

Yea, had mine pointed there as another worker, so it was added to my other hash.

But this time I mixed the pools up and mined to the club address for ~ 6 or 7 hours (maybe longer?).

[philipma1957]

25 active members in the club soon to be 26


1)   philipma1957donation                
1A) philipma1957sticks            
1B) philipma1957s7                


2)   edonkeystick                    

3)  VirosaGITSdonation        
3A) VirosaGITSstick              

4) notlist3dstick                      

5)   larry12stick                    
5A) larry12s5donation              

6)   vapourminerstick            

7)   fullzerostick                                  

8 )  Jake36stick                    

9)   TheRealStevestick  
        
10)  alienesbstick                  

11)   Chris_Sabianstick            

12)   Ecnadstick                      

13)   bmoscatosticks              

14)   mikestangstick              

15)   baktegonStick                

16)   slimepuppysticks          
16A) slimepuppydonation      o

17)   peptostick                                    

18)   kipper01                    

19)   valkirstick                  
19A) valkirdonation
                
20)   sidehackdonatedstick  

21) sloopystick

22) aarons6

23)HerbPeanStick ----------

24) therocks36Stick -

25) FinksySticks    

26) alh -----

test list for TheRealSteve







1)    http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.philipma1957donation

1A)   http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.philipma1957sticks  



2)  http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.edonkeystick



3)    http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.VirosaGITSdonation

4)    http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.notlist3dstick



5) http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.larry12stick


5A) http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.larry12s5donation



6) http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.vapourminerstick



7) http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.fullzerostick


8 )  http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.Jake36stick

9 )  http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.TheRealStevestick

10) http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.alienesbstick

11) http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.Chris_Sabianstick


12) http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.Ecnadstick

13) http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.bmoscatosticks

14) http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.mikestangstick

15)http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.baktegonStick


16) http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.slimepuppysticks
16A) http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.slimepuppydonation  up nice hashrate thanks


17) http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.peptostick

18) http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.kipper01


19)
 http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.valkirstick  
19A)   http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.valkirdonation


20)

http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.sidehackdonatedstick  


21)

http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.sloopysticks



22) http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.aarons6


23) http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.HerbPeanStick


24) http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.therocks36stick


25) http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.FinksySticks

26) http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.alhstick
please check for completeness.


we have 26  alh has joined.

 I just checked everyone and everyone is running some hash
so we are at 26 shares  

 
http://solo.ckpool.org/users/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX

[kano]

Individual sticks on kano.is can only generate dust which amounts to no pay. Imagine if the 'smaller' donations were sent to kano under an umbrella account, under phil's control, so that the combined effort could reap  some incoming coin. Larger doners could of course maintain their visibility on the club roster. It's fun to mine, but it's also fun to receive a little bitty payout once in a while.

Well - no pay ... yet ... ...

One day I'll have dust balance payouts setup ... in the distant future

Your account doesn't lose the dust, the total reward due it still there - it's just missing the subtraction of the blockchain payout transactions to show the balance of dust due.

[Finksy]

Individual sticks on kano.is can only generate dust which amounts to no pay.  

Incorrect.  With the current size of the Kano ckpool you need about 13-14GH/s or so at the full 5Nd to receive a payment greater than the pool dust threshold (10,000 satoshi).  This is easily achievable with a single stick.  I currently have 2 compacs @ 225 freq pointed at kano.is for about 20-24GH average and I'm seeing almost 30,000 satoshi per block (these two compacs run on a computer that's on all the time and I don't pay electricity, so I look at it as free microearnings).

Hate to be the one to bring it up, but you'd be better off solo mining with the sticks vs large-pool mining. Even w/ free electricity & flat diff, it would take 3 years to break even on a compac. At least in a solo pool like this one we have a chance to win big, instead of $0.70 per month.

[kano]

Individual sticks on kano.is can only generate dust which amounts to no pay.  

Incorrect.  With the current size of the Kano ckpool you need about 13-14GH/s or so at the full 5Nd to receive a payment greater than the pool dust threshold (10,000 satoshi).  This is easily achievable with a single stick.  I currently have 2 compacs @ 225 freq pointed at kano.is for about 20-24GH average and I'm seeing almost 30,000 satoshi per block (these two compacs run on a computer that's on all the time and I don't pay electricity, so I look at it as free microearnings).

Hate to be the one to bring it up, but you'd be better off solo mining with the sticks vs large-pool mining. Even w/ free electricity & flat diff, it would take 3 years to break even on a compac. At least in a solo pool like this one we have a chance to win big, instead of $0.70 per month.

Of course

I wouldn't suggest someone to mine on my (or any other) pooled mining with only 10-20GHs
You'd get 'dust' level rewards, but it does indeed seem like a long time (months) to get a few dollars.

Whereas on solo, indeed there's the chance of getting 1BTC in one lucky hit

[philipma1957]

Individual sticks on kano.is can only generate dust which amounts to no pay.  

Incorrect.  With the current size of the Kano ckpool you need about 13-14GH/s or so at the full 5Nd to receive a payment greater than the pool dust threshold (10,000 satoshi).  This is easily achievable with a single stick.  I currently have 2 compacs @ 225 freq pointed at kano.is for about 20-24GH average and I'm seeing almost 30,000 satoshi per block (these two compacs run on a computer that's on all the time and I don't pay electricity, so I look at it as free microearnings).

Hate to be the one to bring it up, but you'd be better off solo mining with the sticks vs large-pool mining. Even w/ free electricity & flat diff, it would take 3 years to break even on a compac. At least in a solo pool like this one we have a chance to win big, instead of $0.70 per month.

yeah and even after beta .  This pool /club will get this donation from me


http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.philipma1957donation

I plan to run an s-3 clocked at freq 200 each and every 30  day run.


basically it is like buying a 3 digit lotto ticket and getting 1100 or 1200 to one   vs 999 to one.

If you understand  game theory  - gambling - investing you are no longer gambling you are investing.

Low cost high risk High yield.

your risk is the certain dust vs chance at a big payout.  and the payout is higher then the odds due to the donated hash.