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Author Topic: *Mining Mates* BTC Solo Lotto Group  (Read 1223 times)
luxel
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January 30, 2016, 03:04:22 AM
 #21

So do we enter a pool to mine? Or do we mine without a pool and receive the 100% of the blocks value?
Nthused (OP)
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January 30, 2016, 03:24:41 AM
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So do we enter a pool to mine? Or do we mine without a pool and receive the 100% of the blocks value?

Yes the group mines without a pool but with their combined rented hashpower pointed towards -ck solo mining pool with the supplied Group mining address/es to check the stats.

The idea is to maximise ones chance of solving a full 25BTC solo block but dividing the winnngs between the group and how much each user invested.

And that is only if the group finds a block, you may or may not find a block per round but statistics show that it is more probable/likely.

Essentially all your rented hash power can be directed to a solo pool creating a single or multiple workers (like a normal pool) but you are mining by yourself so all shares made by the address/miner are trying to find a share with over the bitcoin difficulty thus finding a block.

It's a basic lotto syndicate but with solo mining for bitcoin for the jackpot.
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