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Author Topic: [Launch] BtcPool.ru - own scoring system (Russian, English).  (Read 1241 times)
vernik
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September 12, 2011, 04:06:27 PM
 #1



http://btcpool.ru/en/

BtcPool.ru's Mining Pool uses own scoring system.
To calculate users payouts we use eleven randomly choosen shares from all shares at current round. That is, if you send at least one share, you get a chance to earn 25 ฿. The more you send the shares, the greater will be your chance to win at current round.

ShareBitcoins
125 BTC
212.5 BTC
35.25 BTC
43.15 BTC
51.57 BTC
60.78 BTC
70.39 BTC
80.19 BTC
90.09 BTC
100.04 BTC
110.02 BTC
12-...1/(number of members) BTC

Our pool located on cloud servers in Russia. Also site has got English version.

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jkminkov
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September 13, 2011, 06:50:34 AM
 #2

I won't join that pool until I could win multiple times with one account

Bleutrade
600 dollars in one place talking - Dudes, hooray, Bitcoin against us just one, but we are growing in numbers!
vernik
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September 13, 2011, 07:30:10 AM
 #3

I won't join that pool until I could win multiple times with one account
you want all 50BTC? 25 BTC is not enough?
Then you can register multiple accounts and try to win all prize. But % of victory will be smaller.

iopq
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September 13, 2011, 08:17:48 AM
 #4

Do you have an API? How do I find out how many shares have been submitted for the current round?

Sukrim
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September 13, 2011, 10:33:52 AM
 #5

I won't join that pool until I could win multiple times with one account
you want all 50BTC? 25 BTC is not enough?
Then you can register multiple accounts and try to win all prize. But % of victory will be smaller.
I would need to register as many accounts as I want to submit shares, then the % would be OK.

It really would be much better to be able to win multiple times (only 11 shares out of ~2 millions get paid comparably a lot is not very attractive though imho) - also you have 2% fees + keep transaction fees per block.

"Randomly chosen" is also something I do NOT trust at all - maybe make it dependant on the hash of the solved block or so - this way your miners can calculate which shares earned the reward as well.

All in all: This is a lottery...

https://bitfinex.com <-- leveraged trading of BTCUSD, LTCUSD and LTCBTC (long and short) - 10% discount on fees for the first 30 days with this refcode: x5K9YtL3Zb
Mail me at Bitmessage: BM-BbiHiVv5qh858ULsyRDtpRrG9WjXN3xf
jkminkov
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September 13, 2011, 10:34:07 AM
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I don't want to create accounts, or even make one share for each account

if I have 90% of all shares, I could win only once, totally unfair for accounts with large computing power, that is the reason your pool won't grow, you have to be average or you will be penalized...

Bleutrade
600 dollars in one place talking - Dudes, hooray, Bitcoin against us just one, but we are growing in numbers!
vernik
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September 13, 2011, 11:27:41 AM
 #7

Do you have an API? How do I find out how many shares have been submitted for the current round?
We have pool stats. Here you can see number of your shares when you are logged. And at the top-right you can see the number of all shares for the current round.

I don't want to create accounts, or even make one share for each account

if I have 90% of all shares, I could win only once, totally unfair for accounts with large computing power, that is the reason your pool won't grow, you have to be average or you will be penalized...

 Our pool is designed for large numbers of people with medium computing power. And so if you can generate block during the 1 week solo - do it!
Miners with medium speed are much more than others... That's why we will grow up  Wink

vernik
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October 12, 2011, 05:33:15 PM
 #8

We had some changes. Now score system is completely transparent  Wink
Here is some example.

Transisto
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October 12, 2011, 05:52:17 PM
 #9

Why not instead mine elsewhere and play casino with the earning ?

How are we supposed to trust your randomness ?
Sukrim
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October 12, 2011, 09:01:50 PM
 #10

Because they use block hashes as source for random values - I don't really understand why they use the (severely) broken MD5 hash function on it, but for this case that might still be ok.

I'm not yet 100% sure how to gamble your system, but it looks VERY suspicious to me to be able to be gamed. Also: lots and lots of variance...

https://bitfinex.com <-- leveraged trading of BTCUSD, LTCUSD and LTCBTC (long and short) - 10% discount on fees for the first 30 days with this refcode: x5K9YtL3Zb
Mail me at Bitmessage: BM-BbiHiVv5qh858ULsyRDtpRrG9WjXN3xf
DeathAndTaxes
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October 14, 2011, 06:30:28 AM
 #11

I don't get it.  Why not just solo mine?  With solo mine you either win 50BTC or nothing.  Every day is a gamble!  Grin
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