Bitcoin mining lottery

[AngusCanine]

Check out this thread if your interested in a joining a btc mining lottery group where people pool their Bitcoin and rent mining hashes at a chance to find and then split the block in your share percentage.

https://bitcointalk.org/index.php?topic=1345538.msg13716261#msg13716261

[tenaciouzd]

Bump 

and another bump

well wants one more bump

Bumps, "updates" are limited to once per 24 hours

check point 13 here > https://bitcointalk.org/index.php?topic=703657.0

[AngusCanine]

Now 5 places filled  still need a five more 

[AngusCanine]

Only a couple spots left

[tiggytomb]

It will be interesting to see if we get lucky and hit anything, some of these groups are quite lucky and have had success.

[AngusCanine]

It will be interesting to see if we get lucky and hit anything, some of these groups are quite lucky and have had success.

Fingers crossed
 

[chokesir]

Hahahhaa, that's a nice way to test your luck! It might be a good shot, I personally consider myself as very lucky sometimes, who knows if luck can help me out this time.

[AngusCanine]

Half way through the first run. Drop in an see if can we do it

 https://bitcointalk.org/index.php?topic=1345538.msg13716261#msg13716261 😎

[AngusCanine]

Half way through the first run. Drop in an see if can we do it

 https://bitcointalk.org/index.php?topic=1345538.msg13716261#msg13716261 😎

well only a 5Billion share this round but round 2 is in the works drop by this thread https://bitcointalk.org/index.php?topic=1345538.msg13716261#msg13716261 if interested in joining

Edit: 7billion share

[tiggytomb]

I'm hoping we are lucky the second time round.

[ezeminer]

Hopefully we see some amazing luck

Also thanks for trying to advertise the group, hope to see more cool people ready to take a chance.

[NorrisK]

I kind of like the idea that is presented there!

What are the odds of hitting a block roughly with say the 0.05 option? (your hash / total hash)

It is probably more viable than setting up a small miner at home for this purpose to try and get lucky.

[ezeminer]

I kind of like the idea that is presented there!

What are the odds of hitting a block roughly with say the 0.05 option? (your hash / total hash)

It is probably more viable than setting up a small miner at home for this purpose to try and get lucky.

If we have 10 people (0.5BTC) Its roughly 2%. To have a theoretical 100% chance you would need to spend 25BTC on mining. It does not matter if you do 1PH for a couple of days, or 100TH for a couple of weeks assuming you spend the same 25BTC you have the same luck.

It would be amazing to hit a block though the return in a 10 person group. It is 50x your investment though

[AngusCanine]

Check out this bitcoin mining lottery group

https://bitcointalk.org/index.php?topic=1345538.msg13716261#msg13716261

[AngusCanine]

We need more participants, calling all gamblers 🤑

[NorrisK]

I kind of like the idea that is presented there!

What are the odds of hitting a block roughly with say the 0.05 option? (your hash / total hash)

It is probably more viable than setting up a small miner at home for this purpose to try and get lucky.

If we have 10 people (0.5BTC) Its roughly 2%. To have a theoretical 100% chance you would need to spend 25BTC on mining. It does not matter if you do 1PH for a couple of days, or 100TH for a couple of weeks assuming you spend the same 25BTC you have the same luck.

It would be amazing to hit a block though the return in a 10 person group. It is 50x your investment though

50x your investment shared with 10 people..

Which means that you you have 2% chance to gain 500% on your investment. Those odds do not seem very favourable to me unfortunately..

[AngusCanine]

OK red or black for this guy    And we still are need a few more people for round two!!!   

[ezeminer]

I kind of like the idea that is presented there!

What are the odds of hitting a block roughly with say the 0.05 option? (your hash / total hash)

It is probably more viable than setting up a small miner at home for this purpose to try and get lucky.

If we have 10 people (0.5BTC) Its roughly 2%. To have a theoretical 100% chance you would need to spend 25BTC on mining. It does not matter if you do 1PH for a couple of days, or 100TH for a couple of weeks assuming you spend the same 25BTC you have the same luck.

It would be amazing to hit a block though the return in a 10 person group. It is 50x your investment though

50x your investment shared with 10 people..

Which means that you you have 2% chance to gain 500% on your investment. Those odds do not seem very favourable to me unfortunately..

Those calculations are after you account for 10 people. And you have a massively better chance than winning the lottery, or the top 3 prizes after jackpot at least.
0.05 x 50 = 2.5BTC (your approximate share of a block)

It accumulates to 2% chance to gain 5,000% on investment.

[AngusCanine]

Still a few spots left for Block Breakers United group 1

[tiggytomb]

A few more spaces left before mining starts on the 23rd