[∞ YH] solo.ckpool.org 2% fee solo mining 274 blocks solved!

[Machete33]

Someone might be able to donate the required resources.

Can you give us an idea about server hardware and bandwidth requirements to have something reliable?

[1685529870]

1685529870

[ailikun]

Alright, well the fee doesn't seem to be a problem. Would people be satisfied with it being advertised as "Not for profit pool, all mining is at miners risk." Just like a car park, all care, no responsibility blah blah.

Yeah absolutely.
But still, lets make a server upgrade, if its old... to minimise the chances of a failure.

[-ck]

Alright, well the fee doesn't seem to be a problem. Would people be satisfied with it being advertised as "Not for profit pool, all mining is at miners risk." Just like a car park, all care, no responsibility blah blah.

Yeah absolutely.
But still, lets make a server upgrade, if its old... to minimise the chances of a failure.

Yes I'd like to upgrade the server. Where in the US is best?

[Snowykingdom]

Hi,

I like this pool and spare to mine with my tiny machine once a week for a refreshment.
And personally, i don't even mind to pay 5% fee when needed.
I hope i can donate more in any kind of resources that i have to make this pool alive 'n kickin' 

Thanks & good luck for all.

[ailikun]

Yes I'd like to upgrade the server. Where in the US is best?

I really don’t know, I’m far far away from us.
Philipma should know, he will tell us, once he gets here.

[mikeywith]

Alright, well the fee doesn't seem to be a problem. Would people be satisfied with it being advertised as "Not for profit pool, all mining is at miners risk." Just like a car park, all care, no responsibility blah blah.

From what I understood, you do want to keep the pool but you don't want to be held responsible if and when something goes wrong, I won't speak for others, but out of the few pools that offer solo mining, who would compensate a "missed block" worth over 100k? I am sure that no pool will do that.

So what is your responsibility and obligations? get a decent server, make sure everything looks technically correct, remove everything that is not important, Segwit, extra servers locations and etc, anything that might cause an issue should be removed, and that's where your duty stops, anything happens beyond that is merely bad luck, add a notification saying that "Due to many reasons, sometimes you may submit a valid block and the pool misses it, mine at your own risk", problem solved.

If I go to another pool, I won't trust them that they will do their best to avoid mistakes, I know you will, so mistakes do happen, I rather face mistakes with someone whom I know that will try his best to minimize them.

As for the fees, the first thing you should do IMO is getting the total cost per year for a server that will be MORE than enough to handle the pool operations, tell us about it, let's see if the community can fund it, as for your efforts and time, start 5% fees for your own efforts so that if blocks are found you get paid nicely, if not then you lost efforts, in other words, you did mine with your efforts instead of hashrate!( makes sense?), I don't think anyone will mind a 5% when they hit a BITCOIN block.

[Machete33]

Yes I'd like to upgrade the server. Where in the US is best?

For a single US location Dallas, TX is probably best.

[-ck]

Yes I'd like to upgrade the server. Where in the US is best?

For a single US location Dallas, TX is probably best.

Which is where the current pool server is.

[jimjam123]

I willing donate to the new CKSOLO server.
Once we get everything hashed out... 

I can also run a server from my office.
Maybe if a spare is needed, located in the Northeast of the US.
I would cover the electrical costs for it.

Just a thought

[-ck]

I willing donate to the new CKSOLO server.
Once we get everything hashed out... 

I can also run a server from my office.
Maybe if a spare is needed, located in the Northeast of the US.
I would cover the electrical costs for it.

Just a thought

The connectivity a good pool needs is probably beyond what your office offers ^_^

[vickersja]

Alright, well the fee doesn't seem to be a problem. Would people be satisfied with it being advertised as "Not for profit pool, all mining is at miners risk." Just like a car park, all care, no responsibility blah blah.

From what I understood, you do want to keep the pool but you don't want to be held responsible if and when something goes wrong, I won't speak for others, but out of the few pools that offer solo mining, who would compensate a "missed block" worth over 100k? I am sure that no pool will do that.

So what is your responsibility and obligations? get a decent server, make sure everything looks technically correct, remove everything that is not important, Segwit, extra servers locations and etc, anything that might cause an issue should be removed, and that's where your duty stops, anything happens beyond that is merely bad luck, add a notification saying that "Due to many reasons, sometimes you may submit a valid block and the pool misses it, mine at your own risk", problem solved.

If I go to another pool, I won't trust them that they will do their best to avoid mistakes, I know you will, so mistakes do happen, I rather face mistakes with someone whom I know that will try his best to minimize them.

As for the fees, the first thing you should do IMO is getting the total cost per year for a server that will be MORE than enough to handle the pool operations, tell us about it, let's see if the community can fund it, as for your efforts and time, start 5% fees for your own efforts so that if blocks are found you get paid nicely, if not then you lost efforts, in other words, you did mine with your efforts instead of hashrate!( makes sense?), I don't think anyone will mind a 5% when they hit a BITCOIN block.

Agree and support this 100%

[philipma1957]

why not do a few things.

here is a list

up grade server
pay for six months up front.
give the poor guy who got fucked some more coin as it could have been anyone of us. say 0.125 btc
give ck some coin for running it the next six months

create a fuck up escrow fund it case a fuck up happens. say 0.125


determine what the list above costs.
determine if the list i made makes sense.

we just spent  multiple btc since jan. more then three or four btc.
using nice hash to rent.
and nicehash makes money 💰 not the miners or ck.

what could the list above cost?

we could review this in six months. see if it is a good idea.

I am down for  0.02  in addition to the 0.01 i gave in.

my expertise is not server companies. but i am good at getting shit done.
i am a fair minded guy. and i have an honest reputation.

years ago i was able to help with a missed block here along with another member.

[zsmith]

I agree except for the part about compensating bad blocks.  The two alternatives are mine at another solo pool which will have similar issues, or run a solo node yourself which probably has less connectivity and the same if not more issues with block propagation.  Your risk =(chance of miner returning blocksolving share x chance it gets propagated to the network).  Your own node will probably mess this up more than a server like ckpool.  Nobody worries about compensation then.  I agree with the car park analogy and hey, some of them even have fees.

[-ck]

If you're serious about funding a new server I think I can get the highest performance required of a new server without the need for backups and remote servers that were adding substantial cost for quite an affordable price. I think it would be smart to move to such a server as it would offer slight but demonstrable performance advantages. Backups no longer mean anything with solo since logs are only of historical interest rather than having any effect on future block solves and payouts. In the event of a hardware failure the pool would have no backup but that makes no difference to the reinstatement of another solo pool from scratch. So taking that in consideration, the best value highest performing pool (in the areas that matter) would cost $98 USD setup fee and $112 / mo. That's only $770 USD for 6 months - the older hardware setup with multiple sites and backups cost a lot more than this. The only caveat is that the provider only has one available in Vint Hill in the United states or Hillsboro. I believe the Vint Hill location is a better one as it is well connected from all locations in the USA. I don't have a firm idea of how many blocks the pool will solve and what would be a worthwhile fee at this stage for my personal time, but I don't have a problem with leaving it at 2% to begin with since the pool basically runs itself once it's up and going and needs very little maintenance.

I have no stake in the escrow funds in case of emergency, and in fact would prefer if this was managed completely separately from me, and treat it as a kind of insurance, but it may not be required at all if people are willing to bear the risk. I don't want people to think they'll be paid for orphans or stales.

[MagicByt3]

The above post's by mikeywith and Philipma both are great starting points going forward.

And it sure looks like there is support from the community to ensure it stay live.

I too would be willing to throw something into the pot to help with costs.

[philipma1957]

well looks like

 0.100 btc covers server for six months.

if we collect

0.300

give

0.100 to ck for server.

0.050 to ck as pre pay for work he has done for us with both pools.

0.050 to the guy that missed the block

0.100 in case of fuck up and in six months use some or all of it to pay the next six months of server

it is a plan.

.15 of the coin collected goes to ck. and server costs

with the reserve of .1 if btc moon 🌝 s it could pay more server costs down the road.

spit balling here.

I can handle funds.

.15 goes to ck asap
.05 goes to missed block guy
.10 held for six months in case of fuck up then goes to future server cost.

.30 total to be. collected.

[mikeywith]

Phill, I suggest we keep the expenses to a bare minimum, keep in mind that most of the folks around here mine with a single miner or two, and not so many of them will be willing to contribute, and thus we should keep the fees low enough for the minority of us to cover it, it's not that I wouldn't want to help the guy who missed the block, but we should set our priorities.


So the way I propose for this to go is by:

1- Collect $770 / 0.09 BTC, send this right away to the VPS provider so that we have a pool up and running for a good 6 months.

2- An address for pool funds, no minimum or maximum for that, we don't touch that address unless

a- 5 months passed and we need to re-load the server balance.
b- Someone loses a block gets 50% of whatever that is there.

3- An address used directly for donations to CK if he decides to keep the fees at 2% if he doesn't want to receive donations he may choose to change the pool fees to 5%.



Now to ensure that we always have enough funds for the server and POTENTIAL insurance, those who use the pool for group rentals such as but not limited to willi9974 and ailikun could start a "trend" of say 1% of whatever they collect for each round goes to the pool wallet.

My 2 sats.




 

[philipma1957]

Works for me one way or the other.

It is not a lot of coin,

I can make a new trezor account  and hold funds.

I will toss in   0.02

[mikeywith]

I will toss in   0.02

I will send 0.01BTC , so that's 0.03BTC  in, remaining is 0.06BTC, let us try to collect this as soon as possible so that CK can migrate the pool, and then we use the same address as pool funds, unless one or more contributors don't want to trust phill which I doubt,  we can have a multi-sig 2of3 controlled by 3 members and 2 can spend it, just in case.

All of this can be discussed later, first step is to get the server fees, 0.06 btc needed.
 
Phill please create the trezor account and post it here.

[chillfactr]

I will toss in   0.02

I will send 0.01BTC , so that's 0.03BTC  in, remaining is 0.06BTC, let us try to collect this as soon as possible so that CK can migrate the pool, and then we use the same address as pool funds, unless one or more contributors don't want to trust phill which I doubt,  we can have a multi-sig 2of3 controlled by 3 members and 2 can spend it, just in case.

All of this can be discussed later, first step is to get the server fees, 0.06 btc needed.
 
Phill please create the trezor account and post it here.

count me in on this,  i can donate .01BTC

-ck, what kind of bandwidth is needed for the server