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Author Topic: [POOL] Solo Mining - Many Coins Including The Big 3: Bitcoin Litecoin Zetacoin  (Read 38455 times)
tuaris
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May 09, 2014, 12:06:51 PM
Last edit: May 21, 2015, 03:33:46 AM by tuaris
 #1

Stratum Solo Mining Service

Connect to one of the mining pools using your wallet address as the username to "solo mine" for the block reward + transaction fees, minus a small percentage to cover costs.  There is no registration required to use any of the pools.  Payments are made automatically several times a day to your wallet address.


Fees range from 1% to 50% depending on the coins popularity, age, and block reward. All proceeds go towards the development of crypto currency services including the funding of the crypto faucets.

Everyone in the pool has an equal chance of finding a block. The odds of finding a block improve as more people mine in the pool. A person with higher hash rate will still find a higher amount of blocks than a person with a low hash rate. However, the person with lower hash will have better luck while mining along side others instead of mining completely alone.

The system is still under constant development and improvements are always being added.  Currently you can view global and personal stats.

Shares are used only for collecting stats and the difficulty is set to VARDIFF.   Shares have no effect on your earnings.  

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djm34
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May 09, 2014, 12:51:37 PM
 #2

don't get it... "solo mining" pool... p2pool you mean ?

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BTC: 1NENYmxwZGHsKFmyjTc5WferTn5VTFb7Ze
Pledge for neoscrypt ccminer to that address: 16UoC4DmTz2pvhFvcfTQrzkPTrXkWijzXw
tuaris
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May 09, 2014, 12:58:13 PM
 #3

don't get it... "solo mining" pool... p2pool you mean ?

It's not p2pool.

It's similar to downloading the client of a coin and connecting your local miner to it.  But, with my service your using the stratum protocol and your mining with others to improve your luck.

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May 09, 2014, 03:52:40 PM
 #4

Looks like it is anonymous registering free pool mining
phort6n2
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May 09, 2014, 05:15:39 PM
 #5

I'll give it a try.
tuaris
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June 23, 2014, 07:01:09 PM
 #6

If I where to add a Bitcoin solo pool, what would be a fair fee?

50%
15%
5%

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June 23, 2014, 07:28:48 PM
 #7

A fair fee would be 24 to 24.5 to block finder the rest to pool operator. Yes, that would include transaction fees to pool.

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June 23, 2014, 07:52:54 PM
 #8

A fair fee would be 24 to 24.5 to block finder the rest to pool operator. Yes, that would include transaction fees to pool.

If I believed in the pool operator.  Ie that he would pay my 24 btc.  I would love to shoot 17 to 110gh at the btc pool.

That is yet to be started.   So a 1 coin fee or 4% is worth it. If I thought I would get paid.

I have pushed for someone to start a btc solo pool .  I have been frustrated in getting a pool op that has a good rep to do it.

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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June 23, 2014, 08:31:20 PM
 #9

1BTC sounds reasonable. 

I'm putting in a few more blades in the next few days.  So I can spin up some more VM's to add more pools.  Bitcoin will be one of them.

Thanks.

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June 23, 2014, 08:36:05 PM
 #10

A fair fee would be 24 to 24.5 to block finder the rest to pool operator. Yes, that would include transaction fees to pool.

If I believed in the pool operator.  Ie that he would pay my 24 btc.  I would love to shoot 17 to 110gh at the btc pool.

That is yet to be started.   So a 1 coin fee or 4% is worth it. If I thought I would get paid.

I have pushed for someone to start a btc solo pool .  I have been frustrated in getting a pool op that has a good rep to do it.

Several miners enjoy mining at my pools and I can assure you will get paid if you happen to find a block.  Look over some stats on a few of the pools.

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June 23, 2014, 10:08:42 PM
 #11

A fair fee would be 24 to 24.5 to block finder the rest to pool operator. Yes, that would include transaction fees to pool.

If I believed in the pool operator.  Ie that he would pay my 24 btc.  I would love to shoot 17 to 110gh at the btc pool.

That is yet to be started.   So a 1 coin fee or 4% is worth it. If I thought I would get paid.

I have pushed for someone to start a btc solo pool .  I have been frustrated in getting a pool op that has a good rep to do it.

Several miners enjoy mining at my pools and I can assure you will get paid if you happen to find a block.  Look over some stats on a few of the pools.

I have been looking at your site you appear to be okay. I am deciding if I  want to try  any of the coins you offer.
 I have  a lot of scrypt hash power I have 5 grid seed blades on hand and have ordered more.

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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June 23, 2014, 11:21:35 PM
 #12

One more thing, you would want to merge mine namecoin along side bitcoin keeping those blocks as well for more income.

good luck.

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tuaris
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June 27, 2014, 03:41:23 AM
Last edit: June 27, 2014, 04:04:57 AM by tuaris
 #13

Added 3 new SHA256d pools:

TekCoin
Joulecoin
Bonuscoin

Bitcoin is next.

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June 27, 2014, 06:25:22 AM
 #14

One more thing, you would want to merge mine namecoin along side bitcoin keeping those blocks as well for more income.

good luck.

And IXC and DVC Tongue
tuaris
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June 27, 2014, 07:30:29 PM
 #15

Bitcoin added.  Point your old block erupters, cubes, blades, Antminers, etc to this pool and play the "lottery".  Set it and forget it.  Then maybe you'll wake up one day to a nice little surprise in your Bitcoin wallet.   Wink

When the pool get's enough hash, someone will win the lottery every once in a while.

I'll add merge mining support as soon as I can figure out how to do that and add the relevant code to my mining pool server.


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June 27, 2014, 10:33:47 PM
 #16

the person with lower hash will have better luck while mining along side others instead of mining completely alone

please explain why
under your system if others find a block then I don't get anything, so why whould I have better luck mining with your service compared to solo? just because you emit good luck or is there a more verifiable explanation?
I smell bs...
tuaris
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June 28, 2014, 12:03:18 AM
Last edit: June 28, 2014, 12:53:50 AM by tuaris
 #17

please explain why
under your system if others find a block then I don't get anything, so why whould I have better luck mining with your service compared to solo? just because you emit good luck or is there a more verifiable explanation?
I smell bs...

I'm probably feeding a troll...anyway:

This should provide the best possible explanation of what "luck" is.
http://en.wikipedia.org/wiki/Luck

If you believe in it, then the best analogy I can offer is:
1 BE100 chip in a USB miner vs. 32 BE100 chips in a ASICMiner Blade.

If you don't believe in luck then the above won't mean anything to you, and solo mining is probably not your thing.  And (I would assume) neither is gambling or the Lottery.


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June 28, 2014, 03:53:39 AM
 #18

please explain why
under your system if others find a block then I don't get anything, so why whould I have better luck mining with your service compared to solo? just because you emit good luck or is there a more verifiable explanation?
I smell bs...

I'm probably feeding a troll...anyway:

This should provide the best possible explanation of what "luck" is.
http://en.wikipedia.org/wiki/Luck

If you believe in it, then the best analogy I can offer is:
1 BE100 chip in a USB miner vs. 32 BE100 chips in a ASICMiner Blade.

If you don't believe in luck then the above won't mean anything to you, and solo mining is probably not your thing.  And (I would assume) neither is gambling or the Lottery.


you got me there: I don't believe in luck. But my intention is not trolling: if you say your pool brings luck, fine. But my problem is when in the site I see this sentence:

Quote
statistically the person with lower hash will have more chance of finding a block while mining along side others than mining completely alone.

but statistically, each miner is independent and the person with lower hash does not have more chances using your site, since you reward only block finders.
So, if you can't explain that using statistics, and your only explanation is "because I'm lucky and if you mine with me you'll get lucky", then you are advertising using false statements, bordering on scamming.

My intention is not trolling: it's making sure that everyone understands the technical aspects of your service. It may be a good useful service because users can mine solo without the need of a synced wallet. I find it expensive but others may not. However if you say people will earn more using it, while techincally they won't, then you are scamming.
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June 29, 2014, 10:22:36 PM
 #19

Added:

Litecoin
Terracoin

I've started working on adding merged mining support to the pool server.  It could be a few weeks before that's ready.

tuaris
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July 03, 2014, 02:52:49 AM
 #20

X11 coins can now be mined.  However, the hash rate may not be accurate (I'm still trying to figure out how to calculate it).

New coins:

  • ChocoCoin
  • MMXIVCoin
  • Muniti (X11)

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