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Author Topic: any. thoughts on bit solo mining pool  (Read 6280 times)
AngusCanine (OP)
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April 24, 2014, 12:07:41 PM
 #1

Came across this site was wanting to solo mine my s1 there if I can can ever get it running(long story)they claim to give the founder of a block the full 25 minus transaction fees for pool as well they are merged mining namecoin and keeping any name coin found for keeping pool up and running
Trongersoll
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April 24, 2014, 07:44:04 PM
 #2

Came across this site was wanting to solo mine my s1 there if I can can ever get it running(long story)they claim to give the founder of a block the full 25 minus transaction fees for pool as well they are merged mining namecoin and keeping any name coin found for keeping pool up and running

If you are talking about the solo pool set up by Ozcoin, They are legit.
byt411
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April 24, 2014, 07:48:29 PM
 #3

Came across this site was wanting to solo mine my s1 there if I can can ever get it running(long story)they claim to give the founder of a block the full 25 minus transaction fees for pool as well they are merged mining namecoin and keeping any name coin found for keeping pool up and running

If you are talking about the solo pool set up by Ozcoin, They are legit.

He's not, he's talking about this:
http://bitsolo.net/
Trongersoll
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April 24, 2014, 08:07:12 PM
 #4

Came across this site was wanting to solo mine my s1 there if I can can ever get it running(long story)they claim to give the founder of a block the full 25 minus transaction fees for pool as well they are merged mining namecoin and keeping any name coin found for keeping pool up and running

If you are talking about the solo pool set up by Ozcoin, They are legit.

He's not, he's talking about this:
http://bitsolo.net/

Oh, i thought he meant solopool.net. This is why people need to be clear about what they are asking. We can't read minds.
AngusCanine (OP)
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April 24, 2014, 11:29:50 PM
 #5

Came across this site was wanting to solo mine my s1 there if I can can ever get it running(long story)they claim to give the founder of a block the full 25 minus transaction fees for pool as well they are merged mining namecoin and keeping any name coin found for keeping pool up and running

If you are talking about the solo pool set up by Ozcoin, They are legit.


He's not, he's talking about this:
http://bitsolo.net/

Oh, i thought he meant solopool.net. This is why people need to be clear about what they are asking. We can't read minds.
I'm glad you answered it gives me another option to look at.
sgk
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May 06, 2014, 09:43:07 AM
 #6

So both of these pools are legit? Has anyone tried any of them?

http://bitsolo.net/

http://solopool.net/
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May 06, 2014, 11:54:55 AM
 #7

So both of these pools are legit? Has anyone tried any of them?

http://bitsolo.net/

http://solopool.net/

Has anyone tried it? I know a few persons using them.
Has anyone found a block yet? Guess not... Cheesy

os2sam
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May 06, 2014, 07:39:15 PM
 #8

So both of these pools are legit? Has anyone tried any of them?

http://bitsolo.net/

http://solopool.net/

Has anyone tried it? I know a few persons using them.
Has anyone found a block yet? Guess not... Cheesy

I'm using solopool.net with a really low hash rate, so I haven't found a block yet.  But it seems to be working reliably.  It's really nice to be able to point my BE's at something and forget about it.

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
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Q: What is the most annoying thing on usenet and in e-mail?
sgk
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May 07, 2014, 03:54:57 AM
 #9

I went through bitsolo.net FAQ. They say they have found ZERO Bitcoin blocks until now.
They're merge-mining Namecoin and have found ONE Namecoin block.
byt411
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May 07, 2014, 03:40:36 PM
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I went through bitsolo.net FAQ. They say they have found ZERO Bitcoin blocks until now.
They're merge-mining Namecoin and have found ONE Namecoin block.

And? That is perfectly normal, most people on there won't be huge farms anyway, just probably a dude with an Antminer U2 trying out his luck.
BitcoinTraders
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May 07, 2014, 06:53:15 PM
 #11

I went through bitsolo.net FAQ. They say they have found ZERO Bitcoin blocks until now.
They're merge-mining Namecoin and have found ONE Namecoin block.

And? That is perfectly normal, most people on there won't be huge farms anyway, just probably a dude with an Antminer U2 trying out his luck.
Yes you are right!
Not all the pools have a mining farm and because it they didn't find a block yet!
AngusCanine (OP)
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May 15, 2014, 01:23:22 PM
 #12

I went through bitsolo.net FAQ. They say they have found ZERO Bitcoin blocks until now.
They're merge-mining Namecoin and have found ONE Namecoin block.
it also says they are keeping the namcoins for pool fees.
byt411
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May 15, 2014, 04:55:03 PM
 #13

I went through bitsolo.net FAQ. They say they have found ZERO Bitcoin blocks until now.
They're merge-mining Namecoin and have found ONE Namecoin block.
it also says they are keeping the namcoins for pool fees.

What's wrong with that? Don't see any problem at all.
AngusCanine (OP)
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May 16, 2014, 12:23:56 AM
 #14

I went through bitsolo.net FAQ. They say they have found ZERO Bitcoin blocks until now.
They're merge-mining Namecoin and have found ONE Namecoin block.
it also says they are keeping the namcoins for pool fees.

What's wrong with that? Don't see any problem at all.
no just including the rest of the info
glen123
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May 25, 2014, 10:44:50 AM
 #15

Hi !

i really HOPE its not Scam

Guess why ?

look at this :

https://www.dropbox.com/s/bs842b73s7ovnoa/bitsolo.jpg

Bitcoinchain.info said nothing
and the Homepage of Bitsolo.net said nothing

OK, i wait 6 h


Hope its real ;-)

Greetings Glen
sgk
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May 25, 2014, 11:05:30 AM
 #16

Hi !

i really HOPE its not Scam

Guess why ?

look at this :

https://www.dropbox.com/s/bs842b73s7ovnoa/bitsolo.jpg

Bitcoinchain.info said nothing
and the Homepage of Bitsolo.net said nothing

OK, i wait 6 h


Hope its real ;-)

Greetings Glen


There is a known issue i cgminer / sgminer and other forks where it will report finding a block when actually block has not been found by you.
Search the forum and you'll see this happening with many people. It is a known issue, nothing to do with pool scam.

You can verify if you've found a block by checking if your 'Best Share' is equal or greater than current difficulty, which is not the case in your screenshot.
byt411
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May 25, 2014, 11:40:02 AM
 #17

Hi !

i really HOPE its not Scam

Guess why ?

look at this :

https://www.dropbox.com/s/bs842b73s7ovnoa/bitsolo.jpg

Bitcoinchain.info said nothing
and the Homepage of Bitsolo.net said nothing

OK, i wait 6 h


Hope its real ;-)

Greetings Glen


There is a known issue i cgminer / sgminer and other forks where it will report finding a block when actually block has not been found by you.
Search the forum and you'll see this happening with many people. It is a known issue, nothing to do with pool scam.

You can verify if you've found a block by checking if your 'Best Share' is equal or greater than current difficulty, which is not the case in your screenshot.

Correct. Update to the latest CGMiner. Also, it's blockchain.info, not bitcoinchain.info.
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May 25, 2014, 11:47:56 AM
 #18

is it just me - or is this concept sort of dumb  Huh

if you want to solo-mine = screw you pool of any kind

If you want to solo-mine = run a copy of bitcoind with SETGENERATE=true and have your hashrate mine away.  You keep the coins, YOU WIN!  

Using ANYONE or ANY service =/= solo mining.  You're begging to have your time wasted and your coins stolen, period.  <<< if it is truly your intention to try your luck at solo mining that is.  Just don't be lazy and trust someone, diy the damn thing.

byt411
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May 25, 2014, 11:49:27 AM
 #19

is it just me - or is this concept sort of dumb  Huh

if you want to solo-mine = screw you pool of any kind

If you want to solo-mine = run a copy of bitcoind with SETGENERATE=true and have your hashrate mine away.  You keep the coins, YOU WIN! 

Using ANYONE or ANY service =/= solo mining.  You're begging to have your time wasted and your coins stolen, period.

Newbies have no idea how to use setgenerate=true.
glen123
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May 25, 2014, 11:51:07 AM
 #20

Damned . I have to learn the hard session ;-)

Glen
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