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Question: I would purchase mining time with...
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Total Voters: 399

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Author Topic: GPUMAX | The Bitcoin Mining Marketplace  (Read 200062 times)
pirateat40
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December 27, 2011, 11:11:19 PM
 #21

Interesting concept. Kinda of a meta pool. I wouldnt mind connecting one mining rig to kick the tires.
I would also, Enjoy, Kicking the tires, Hell, If i could just toss 1ghash overthere, Correct me if im wrong, But whats BASICALLY going to happen is that:

"ladeeda mine mine mine" "hey buddy i see your GPU is up for rent, Can i rent it for xyz?" "Sure" "Ladeeda Now public mining"

My question, Is where is my Original hash power going to be directed to, Do i just Aim at deepbit TRHOUGH GPUMAX, and therefore whenever im Not being rented GPUMAX will tell my miners to go back to deepbit?

Im alittle confused as to how im going to recieve extra amounts by renting out my hashpower, Errr.

Guy rents gpu.. For the PPshare performance cost... Wich gets sent to me.. Annnd thennn.. My running GPU.... Mines for him? at the PPshare price being sent to me?

Breakdown please?

Your miners are pointed to our system the entire time.  You setup your offline pool and a PPS price that you're willing to sell your hashing power for.  When we sell a contract to someone wanting power the system queues up the work to all of the connected miners accepting public work and within the price threshold.  Your miners don't see any differently and seamlessly move from mining shares at your poor to working on the public work queue.  Once the work is done it moves right back to your pool without missing a beat.

I hope this helps.

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Okey Dokey Lokey


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December 28, 2011, 12:09:36 AM
 #22

Interesting concept. Kinda of a meta pool. I wouldnt mind connecting one mining rig to kick the tires.
I would also, Enjoy, Kicking the tires, Hell, If i could just toss 1ghash overthere, Correct me if im wrong, But whats BASICALLY going to happen is that:

"ladeeda mine mine mine" "hey buddy i see your GPU is up for rent, Can i rent it for xyz?" "Sure" "Ladeeda Now public mining"

My question, Is where is my Original hash power going to be directed to, Do i just Aim at deepbit TRHOUGH GPUMAX, and therefore whenever im Not being rented GPUMAX will tell my miners to go back to deepbit?

Im alittle confused as to how im going to recieve extra amounts by renting out my hashpower, Errr.

Guy rents gpu.. For the PPshare performance cost... Wich gets sent to me.. Annnd thennn.. My running GPU.... Mines for him? at the PPshare price being sent to me?

Breakdown please?

Your miners are pointed to our system the entire time.  You setup your offline pool and a PPS price that you're willing to sell your hashing power for.  When we sell a contract to someone wanting power the system queues up the work to all of the connected miners accepting public work and within the price threshold.  Your miners don't see any differently and seamlessly move from mining shares at your poor to working on the public work queue.  Once the work is done it moves right back to your pool without missing a beat.

I hope this helps.


Perfect explaination, Thanks pirate.
So in the tl;dr version.
You mine at a set PPshare rate, And the Variance is what people "taking from you"
So for PPshare miners, This is Great!. And during bad luck, This is Great!.
 
fun fun!

http://bitcoin-otc.com/viewratingdetail.php?nick=DingoRabiit&sign=ANY&type=RECV <-My Ratings
https://bitcointalk.org/index.php?topic=857670.0 GAWminers and associated things are not to be trusted, Especially the "mineral" exchange
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December 28, 2011, 12:27:54 AM
 #23

Hi. I am very excited about this, personally. Being involved in the private demo pre-launch, many giggahashes were rewarded. I look forward to using the public service.
pirateat40
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December 28, 2011, 12:29:52 AM
 #24

Hi. I am very excited about this, personally. Being involved in the private demo pre-launch, many giggahashes were rewarded. I look forward to using the public service.


Huh? We haven't even invited anyone yet.

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December 28, 2011, 12:31:34 AM
 #25

I must be thinking of something else. Wrong forum.
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December 28, 2011, 03:56:52 AM
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I must be thinking of something else. Wrong forum.
Here it's bitcointalk.org
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December 28, 2011, 04:01:44 AM
 #27

At first I was thinking this was a new service for renting GPU power for general purpose calculation, requiring a multi-purpose client for mining and say cracking password.

I don't see what else than attacking bitcoin and hop... this can be used for.
pirateat40
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December 28, 2011, 04:09:13 AM
 #28

Update:

I can now confirm that we will be restricting the pools that "Buyers" can mine on to trusted pools per our core Bitcoin users.  A full list of pools will be updated in the op when we have a complete list.

This change will NOT affect miner's (offline) pools.

Thanks,

pirateat40
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December 28, 2011, 04:12:52 AM
 #29

At first I was thinking this was a new service for renting GPU power for general purpose calculation, requiring a multi-purpose client for mining and say cracking password.

I don't see what else than attacking bitcoin and hop... this can be used for.

We thought about that when we were planning out this project.  Lots of industries could find on-demand hashing power useful and can be much more profitable for miners and us.  For now we're focused on Bitcoin but that may change in the future.

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December 28, 2011, 05:18:27 AM
 #30

Great idea! =)

Waiting to try.
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December 28, 2011, 09:16:57 AM
 #31

Good idea. Waiting for the invitation...

pirateat40
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December 28, 2011, 06:17:28 PM
 #32

Trusted pools have been updated in the op. More to come but this is a good start. Smiley

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December 28, 2011, 06:26:27 PM
 #33

May i try? )
pirateat40
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December 28, 2011, 06:27:34 PM
 #34

May i try? )

You can sign up on the site to join the waiting list.  We will be sending out invites within the next day or two.

Thanks,

pirateat40
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December 29, 2011, 08:44:45 PM
 #35

We have started to bring on miners from our waiting list one by one.  The purchasing side of the site has been disabled until we ensure everything is running properly.

Stay Tuned!

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December 31, 2011, 03:54:55 AM
 #36

Christ, someone actually did this! Grin
Finally finally finally!
edit: That's a really nice and clean design.

(BFL)^2 < 0
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dafq is goin on


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December 31, 2011, 04:23:34 AM
 #37

As I solo merge mine, will i be able to point miners to my ip address, when i buy shares? (I can show proof that it is my ip by upping sth to the webserver for example)

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pirateat40
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December 31, 2011, 04:32:35 AM
 #38

As I solo merge mine, will i be able to point miners to my ip address, when i buy shares? (I can show proof that it is my ip by upping sth to the webserver for example)


No, we are only allowing Trusted pools to be listed for purchasing shares.  The list is growing and all of the pools are being verified.

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January 04, 2012, 08:00:22 AM
 #39

Looks interesting! Cheesy

//Subscribed

BinaryMage
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Ad astra.


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January 04, 2012, 03:22:08 PM
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Looks quite promising. Subscribed.

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