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Author Topic: [Race is over!] Mint Race #5: Win a KnC Jupiter 550 GH/s ASIC device!  (Read 12881 times)
DrHaribo
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October 30, 2013, 09:31:49 PM
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The first KnC Jupiter that has been earned through the reseller link at Bitminter will be the prize for the november mint race! Note that we don't know when these reseller units will be shipping. More information on that when the information is available from KnC. You can read more about the Jupiter device at https://www.kncminer.com/?resellerid=299 (also use that link to buy!)

Got 5% of the pool hashrate? That's a 5% chance to win 1st place. Even for smaller miners the chances should be better than most lotteries.

The race is open for everyone. All you have to do is mine at the Bitminter mining pool.

Start: friday 2013.11.01 at 00:00 UTC
Finish: saturday 2013.11.30 at 23:59 UTC

The prizes are:

1st place: KnCMiner Jupiter 550 GH/s ASIC device (currently selling for $4995)
2nd place: BTC Trinkets bitcoin miner lapel pin
3rd place: BTC Trinkets bitcoin miner lapel pin





Update: added bitcoin miner pins. Thanks, BTC Trinkets! More details on the pins at http://btctrinkets.com/presta2/index.php?id_product=26&controller=product

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 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.

CURRENT STANDINGS: see https://bitminter.com/mintrace

▶▶▶ Bitminter.com - Your trusted mining pool since 2011.
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Nemo1024
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October 30, 2013, 09:53:08 PM
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Haven't found a single block during the last year of mining. My luck for a block find is long overdue, maybe I'll manage to grab the race prize in the same go, but that'll be stretching it. Smiley

#JeSuisDonbass
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“It is important to fight and fight again, and keep fighting, for only then can evil be kept at bay, though never quite eradicated.”
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buy silver!


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October 30, 2013, 10:04:21 PM
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Wow! 

Uno:  uQHSTX2PeZNqjbXJDnSVLRcrhwRt9SexNK
Btc:  1FJXJqwidh4vAdGvewCtfRRPbPvAArXrWN
Nxt:  NXT-6ZGM-9MZ2-MZDK-2MZGB
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October 30, 2013, 10:05:49 PM
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Haven't found a single block during the last year of mining. My luck for a block find is long overdue, maybe I'll manage to grab the race prize in the same go, but that'll be stretching it. Smiley
With only 20 GH/s, I think I will also never find a block.  Cry

Rui Costa, PortugalBTC : 1ct1aic5JoRVFKYHaC4qWXtDiTvxgkTtJ
norpick
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October 30, 2013, 10:37:09 PM
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Haven't found a single block during the last year of mining. My luck for a block find is long overdue, maybe I'll manage to grab the race prize in the same go, but that'll be stretching it. Smiley
With only 20 GH/s, I think I will also never find a block.  Cry

that goes for me too, i had all my set-up stolen and only just got back online with what little iv managed to buy. good luck to those who are in the running for 1st though  Wink
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October 30, 2013, 11:04:18 PM
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How is this fair for the smaller miners? I have never gotten my name on a block.
Nemo1024
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October 30, 2013, 11:39:47 PM
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It's like lottery, the more tickets you hold the greater are the odds of winning. Holding more tickets means you paid more for them. So it's fair that your chances are greater. You can solve a block even CPU-mining, if you are very very lucky.

#JeSuisDonbass
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“Dark times lie ahead of us and there will be a time when we must choose between what is easy and what is right.”
“We are only as strong as we are united, as weak as we are divided.”
“It is important to fight and fight again, and keep fighting, for only then can evil be kept at bay, though never quite eradicated.”
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October 31, 2013, 12:30:26 AM
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It's like lottery, the more tickets you hold the greater are the odds of winning. Holding more tickets means you paid more for them. So it's fair that your chances are greater. You can solve a block even CPU-mnng, if you are very very lucky.
I see you're point.
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October 31, 2013, 12:31:29 AM
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Haven't found a single block during the last year of mining. My luck for a block find is long overdue, maybe I'll manage to grab the race prize in the same go, but that'll be stretching it. Smiley
With only 20 GH/s, I think I will also never find a block.  Cry

that goes for me too, i had all my set-up stolen and only just got back online with what little iv managed to buy. good luck to those who are in the running for 1st though  Wink

wow, how did you get it stolen?

>>>>>>>>>>>> Bitcoininformation & DiamondCardz are SCAMMER, AVOID THEM AT ALL COSTS! <<<<<<<<<<<<
39  Belvedere Road Leyton London E10 7NW    = SCAMMER ADDRESS! TRY A MILLION LTD!
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October 31, 2013, 03:10:03 AM
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Woohoo, my chances are wayyyyyyyy better this time....


Got about 0.8% vs the 0.001% or something I had at the tail end of the GPUs

TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6

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October 31, 2013, 08:25:05 AM
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So, let's see, if I'm currently ~0.058%, yeah likely to never win but what the heck it's nice to know that at least I have a shot Smiley

*Any plans on updating bitminter java client to support MrTeal's BFL-based Chilis?

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October 31, 2013, 12:39:48 PM
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I've got a 0.01% chance of winning, so bring-it-on!

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October 31, 2013, 01:59:27 PM
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Btctrinkets.com is throwing in two lapel pins for the runner up spots:


Bitcoin trinkets now on my online store: btc trinkets.com <- Bitcoin Tiepins, cufflinks, lapel pins, keychains, card holders and challenge coins.
DrHaribo
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October 31, 2013, 04:35:43 PM
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Thanks, BTC Trinkets! I've added the lapel pins in the first post.

*Any plans on updating bitminter java client to support MrTeal's BFL-based Chilis?

If it takes a while for a fully BFL-compatible firmware to become available, then maybe I should add a workaround for them.

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October 31, 2013, 07:15:11 PM
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Is this the opposite of finding a block? Lowest vs highest share?
Is there a list of all the shares I submitted?

I found a block today Smiley

If this post helped you and you feel generous you know what to do: 1P9tXFy9bVgzrfPGeV7F8np26ZtFdCCWvz
DrHaribo
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October 31, 2013, 07:24:33 PM
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Is this the opposite of finding a block? Lowest vs highest share?

No, the smallest hashes are always best.

To find a block you must find a hash that is below the current target. As the difficulty goes up, the target goes down, making it more difficult to find a hash that is below the target.

To win the race you must find a hash that is below the hashes of the other miners in the race.

I believe this dance was inspired by Bitcoin mining: http://en.wikipedia.org/wiki/Limbo_%28dance%29

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October 31, 2013, 07:49:25 PM
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Is this the opposite of finding a block? Lowest vs highest share?

No, the smallest hashes are always best.

To find a block you must find a hash that is below the current target. As the difficulty goes up, the target goes down, making it more difficult to find a hash that is below the target.

To win the race you must find a hash that is below the hashes of the other miners in the race.

I believe this dance was inspired by Bitcoin mining: http://en.wikipedia.org/wiki/Limbo_%28dance%29

Then why does CGMiner shows the highest share as the best one?

If this post helped you and you feel generous you know what to do: 1P9tXFy9bVgzrfPGeV7F8np26ZtFdCCWvz
DrHaribo
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October 31, 2013, 08:05:48 PM
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Then why does CGMiner shows the highest share as the best one?

Isn't this one 445 million?

cgminer is calculating the difficulty equivalent of the hash value. A small hash or target value yields a high difficulty.

Try the links to prior mint races, you can see the hash values that won.

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October 31, 2013, 08:13:15 PM
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Thanks for the explanation Smiley

Also is there a list of all the shares I submit? A place to follow the lowest share so far?

If this post helped you and you feel generous you know what to do: 1P9tXFy9bVgzrfPGeV7F8np26ZtFdCCWvz
DrHaribo
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October 31, 2013, 08:17:20 PM
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Also is there a list of all the shares I submit? A place to follow the lowest share so far?

We'll just look at the BTC blocks that are generated. That cuts it down to just a few of the lowest hashes, so we don't have to look at each and every one.

▶▶▶ Bitminter.com - Your trusted mining pool since 2011.
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