DrHaribo (OP)
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June 21, 2013, 05:59:04 PM Last edit: June 30, 2013, 10:53:22 PM by DrHaribo |
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To celebrate CloudHashing.com starting up and BitMinter turning 2 (launch date 2011.06.26), we are holding another mint race. And CloudHashing has some really awesome prizes for the winners! The race takes place at the BitMinter mining pool. All you need to do is mine. The rules are like for previous mint races ( #1, #2, #3) but the race will last a full week. Start: sunday 2013.06.23 at 20:00 UTC Finish: sunday 2013.06.30 at 20:00 UTC The prizes are discounts at CloudHashing.com: 1st place: $1000 off when you spend $1500 2nd place: $500 off when you spend $949.95 3rd place: $250 off when you spend $949.95 4-10th place: $100 off when you spend $495 So if you win first prize you can pay $500 for $1500 worth of mining contracts. Terms: Discount codes are transferable if you want to give it away or sell it, rather than spend it yourself. Discount codes valid for 2 months. Rules: - Just like your hash must beat the difficulty to produce a block, it must beat the other miners to win. The best (lowest) hashes during the race will win.
- As long as your work is accepted by the server it is valid for the race, even if it ends up "stale" or "orphaned" in the block list.
- Each person can only compete with one (their best) hash.
- If a winner cannot be reached within 1 week, the prize will go to the next on the list. You may want to make sure that the "account details" page at bitminter.com has an email address listed for you so that you are easy to reach.
- Any block by CloudHashing or DrHaribo will not count in the race.
Verifiability: Hopefully your mining software will show if you have created a block (BitMinter client does). Your block will show with your user name in the block list at http://bitminter.com/blocks. You can click the height number for the block (leftmost column) to see details. There is a link there to blockchain.info where you can see the hash value of the block both on the page and in the URL. The lowest hash value wins. Hash values are shown in hexadecimal. 0-9 is lower than A-F. A is lower than B. Pretty simple. FINAL RESULTS: Updated 2013.06.30, 20:13 UTC
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philipma1957
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'The right to privacy matters'
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June 22, 2013, 01:08:26 PM |
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I have already purchased a contract from cloudhashing.com
I paid in full about 700 usd then tack on fees of 17 and 21 or 738 usd.
I will ask if I were to win a prize do I get to count my early contract?
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Isokivi
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June 22, 2013, 08:30:21 PM |
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Cloudhashings site is missing relevant information and I cant be bothered to register.. What payment options do they accept ?
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Bitcoin trinkets now on my online store: btc trinkets.com <- Bitcoin Tiepins, cufflinks, lapel pins, keychains, card holders and challenge coins.
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DrHaribo (OP)
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Needs more jiggawatts
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June 22, 2013, 11:22:17 PM |
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With less than 21 hours left before the race we see many users arriving and getting their rigs ready for the race. I don't think I've ever seen more users mining at BitMinter. Interestingly most of them are small or medium miners. Big miners that would have a 5-10% chance of winning the first prize, at 1000 US dollar value, are nowhere to be seen. Big "warehouse size" mining operations are slower to turn around, and the mint race was announced only 2 days before start. This could be just what the smaller miners need to have a real shot at the prizes.
Questions about CloudHashing will be answered soon. I don't want to give any wrong answers.
Finally, a request to all participants: go easy on the overclocking (and have a fire extinguisher ready). We don't want to see any burned out rigs like we did in a previous race.
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DrHaribo (OP)
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June 22, 2013, 11:40:23 PM |
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I will ask if I were to win a prize do I get to count my early contract?
The discounts are for new purchases. Note that it is possible to sell the discount code to someone else if you don't want to buy more mining contracts yourself. You won't get 1000 USD for a 1000 USD discount code, but I'm sure you could sell it for a bit less. We could hold on to the discount code and give it directly to the buyer, and I could do (bitcoin) escrow if that helps. Cloudhashings site is missing relevant information and I cant be bothered to register.. What payment options do they accept ?
Their site has the "bitcoin accepted here" and "google wallet accepted" logos. Those are the two payment options. You can use credit cards through Google Wallet. If there are any other questions, ask away.
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philipma1957
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'The right to privacy matters'
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June 23, 2013, 08:30:18 AM |
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I will ask if I were to win a prize do I get to count my early contract?
The discounts are for new purchases. Note that it is possible to sell the discount code to someone else if you don't want to buy more mining contracts yourself. You won't get 1000 USD for a 1000 USD discount code, but I'm sure you could sell it for a bit less. We could hold on to the discount code and give it directly to the buyer, and I could do (bitcoin) escrow if that helps. Cloudhashings site is missing relevant information and I cant be bothered to register.. What payment options do they accept ?
Their site has the "bitcoin accepted here" and "google wallet accepted" logos. Those are the two payment options. You can use credit cards through Google Wallet. If there are any other questions, ask away. I paid with google wallet. Most likely I won't win but is was a bit annoying to find out supporting a company early did not help me very much. So far I am not that impressed with them but time will tell. My contract is a 1 year July contract my gut feeling is I won't be collecting any coin in July. So much for the early bird gets the worm.
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DrHaribo (OP)
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Needs more jiggawatts
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June 23, 2013, 08:15:50 PM |
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The race is on! May the best minter win.
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Flashman
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June 23, 2013, 11:29:36 PM |
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Well I has no clue exactly how I could win, but I'm in anyway. So much for the early bird gets the worm.
Maybe you forgot that also the early worm gets the bird... or worse.
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TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6
Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins.
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philipma1957
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'The right to privacy matters'
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June 23, 2013, 11:47:35 PM |
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Well I has no clue exactly how I could win, but I'm in anyway. So much for the early bird gets the worm.
Maybe you forgot that also the early worm gets the bird... or worse. Flashman you first need to make a block. so right now farfie has the lead since he is the only one to make a block so far. since starting time. farfie has a hash of 61gh. my hash is 6gh so he is more likely to win then myself. the whole pool of bitminter is 4700gh. so my chances are about 6 of 4700. all blocks have numbers lowest number wins. so far 1 block so it must be in first place. I have been mining for about 10.5 months I have made 4 or 5 blocks. I don't expect to win a prize. but we are both in it so maybe one of use will win a prize.
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DrHaribo (OP)
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Needs more jiggawatts
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June 24, 2013, 12:03:45 AM |
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After a slow start, farfie gets the first block. Whether this will keep him in the top 10 remains to be seen. With almost a week left of the race, anything can happen.
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Adriano
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June 24, 2013, 12:18:12 AM |
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I was checking cloudhashing website... They mention about a free trial contract but I couldn't find any further information regarding it. Can you please get more information about it ?
Many Thanks.
Adriano
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usualsuspect
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June 24, 2013, 12:59:23 AM |
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i dont want to come off as ungrateful because i understand what this promo is all about, i.e. bring in higher hashrates for the pool and in turn making us more profitable...... but maybe there could be another prize like a raffle for all us little miners in the pool because theres now way ill mint a coin on my mining rig ( currently only mining on a 6970 and a 650ti: total hash around 500-575 mhs). im just throwing it out there
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zvs
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https://web.archive.org/web/*/nogleg.com
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June 24, 2013, 01:07:28 AM |
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i think everyone that participates should receive 100 devcoins
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wheatrich
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June 24, 2013, 03:34:43 AM |
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my odds are ridiculously low but in to win
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SgtMoth
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June 24, 2013, 05:26:59 AM |
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I have 14 g stuck in customs...
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cloudhasher
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June 24, 2013, 11:36:34 AM |
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I was checking cloudhashing website... They mention about a free trial contract but I couldn't find any further information regarding it. Can you please get more information about it ?
Many Thanks.
Adriano
Hi Adriano, The free contracts went online a few weeks back and were fully subscribed without 24 hours. Thanks
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CH
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vince120
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June 24, 2013, 12:18:14 PM |
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not.you
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June 24, 2013, 03:44:10 PM |
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Ahh but that is not the determining factor. It is a matter of how low the hash value is. MicheleTegon is winning. See the first post in the thread where Doc is listing them.
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DrHaribo (OP)
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Needs more jiggawatts
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June 24, 2013, 05:02:27 PM |
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SgtMoth's new equipment is stuck in customs and there is a rumor that Fefox is lacking his best rig. The timing could not be worse. Meanwhile micheletegon pushes up near the top of the top50 list and grabs a block that easily places him in first position. More surprisingly, hellerstern66, who is not even on the top 50 list lands a block good enough for second position so far. Clearly someone minting above their weight. The finish line is still a long way off though. i think everyone that participates should receive 100 devcoins
Sounds like another prize donor has arrived!
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Flashman
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June 24, 2013, 06:16:06 PM |
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farfie has a hash of 61gh.
my hash is 6gh so he is more likely to win then myself. the whole pool of bitminter is 4700gh.
so my chances are about 6 of 4700.
Thanks, I'm at about 1 in 10,000 to make a block I guess, until my BFL stuff arrives. Then I guess we're hoping for around 40 blocks in a week? So chance of winning 1/400,000 ish... hmmmm, maybe I should pull some hash, to make it an exact million to one shot... because of the Discworld theory that exact million to one shots come up nine times out of ten.
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TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6
Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins.
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