I want a Gambling Pool

[Bitcoin++]

I wish there were a pool which rewarded the block finder with 12.5 BTC (the remaining 12.5+fees would de divided between all miners, just as a normal pool).

The total network hash rate is 120.000 TH, so even with just 1TH you play a game with reasonable odds.  Within the next 10,000 blocks (~2 months) you have an 8% chance of winning.

This would also help the network. Individuals would play for the same reason they participate in state lotteries. They are likely to "over-invest" (which they btw do all ready) so that the expected return turns negative. Large investors with data centers would be forced out.

[Salmon1989]

The closest one I can think of is the p2pool which gives 0.5% bonus to the block finder.

[cinnamon_carter]

I don't think i would mine with you but you should start a pool like this , a lot of people would probably go for it.

[Valzador]

Isnt this exactly what you want?

https://bitcointalk.org/index.php?topic=262712.0

[Hunterbunter]

So you're actually suggesting a higher variance pool for gamblers.

Hmm...it's an interesting thought. I'm sure there's a market for it, if small.

[Loophole]

Isnt this exactly what you want?

https://bitcointalk.org/index.php?topic=262712.0

Not exactly.
OP still wants to have half of the usual revenue when he doesn't find the block lol.

[philipma1957]

great idea.  pool ops won't do it.  I could show the math and rant and rave why every miner should so some solo mining.  this pool is just that some solo mining.

I could say that
btcguild
bitminter
slush
eligus

should all offer a server link with this or something like this.

100% share
75%   share
50%   share
25%   share
0%     share

I could also say wemineltc should do it.  but they won't.  pools don't want to offer this for lots of reasons.

I won't go into the why of it.  But they wont offer it.

 I mine 15 gh here
http://bitsolo.net/my-account/

I mine 1 th here

www.btcguild.com

[organofcorti]

Isnt this exactly what you want?

https://bitcointalk.org/index.php?topic=262712.0

Not exactly.
OP still wants to have half of the usual revenue when he doesn't find the block lol.

Well, OP just needs to split half his hashrate to solopool and half to a more usual pool. Over time it'll average out to the same thing.

[philipma1957]

Isnt this exactly what you want?

https://bitcointalk.org/index.php?topic=262712.0

Not exactly.
OP still wants to have half of the usual revenue when he doesn't find the block lol.

Well, OP just needs to split half his hashrate to solopool and half to a more usual pool. Over time it'll average out to the same thing.

yeah that is the best solution for him.  I do 1.5 % to bitsolo.net and 99 % to btcguild.

[Bitsaurus]

Well he wants a 12.5BTC block reward, so split 1/2 hashrate to a large pool and the other half to solomining/p2pool

[Mikez]

Actually, this ould be quite an interesting idea. Why have to split your hashrate between two services, such as solopool and a regular pool, when such a pool can be created.
Indeed, I don't know what market this idea will have... but who knows?

[-ck]

Actually, this ould be quite an interesting idea. Why have to split your hashrate between two services, such as solopool and a regular pool, when such a pool can be created.

What exactly would the incentive be for someone to go the effort and cost of setting up and maintaining a pool for a service that has very few people interested in using when setting up 2  pools in balance mode requires approximately 30 seconds effort on the miner's part?

[organofcorti]

Isnt this exactly what you want?

https://bitcointalk.org/index.php?topic=262712.0

Not exactly.
OP still wants to have half of the usual revenue when he doesn't find the block lol.

Well, OP just needs to split half his hashrate to solopool and half to a more usual pool. Over time it'll average out to the same thing.

yeah that is the best solution for him.  I do 1.5 % to bitsolo.net and 99 % to btcguild.

Please share this method for achieving 100.5% of your hashrate?

[philipma1957]

Isnt this exactly what you want?

https://bitcointalk.org/index.php?topic=262712.0

Not exactly.
OP still wants to have half of the usual revenue when he doesn't find the block lol.

Well, OP just needs to split half his hashrate to solopool and half to a more usual pool. Over time it'll average out to the same thing.

yeah that is the best solution for him.  I do 1.5 % to bitsolo.net and 99 % to btcguild.

Please share this method for achieving 100.5% of your hashrate?

   auto correct  ? rounding error?      


  15gh   and 1020gh    hmm  lets not be lazy 15/1035 = 1.45 percent     1020/1035 = 98.55 percent


I am getting 2 or 3 s-3's .

 I plan to  use one at solo and the other one or 2 at merged pool like bitminter.


I would then be  at 500gh  solo   1500 gh merged

[xstr8guy]

Isnt this exactly what you want?

https://bitcointalk.org/index.php?topic=262712.0

Not exactly.
OP still wants to have half of the usual revenue when he doesn't find the block lol.

Well, OP just needs to split half his hashrate to solopool and half to a more usual pool. Over time it'll average out to the same thing.

yeah that is the best solution for him.  I do 1.5 % to bitsolo.net and 99 % to btcguild.

Please share this method for achieving 100.5% of your hashrate?

   auto correct  ? rounding error?      


  15gh   and 1020gh    hmm  lets not be lazy 15/1035 = 1.45 percent     1020/1035 = 98.55 percent


I am getting 2 or 3 s-3's .

 I plan to  use one at solo and the other one or 2 at merged pool like bitminter.


I would then be  at 500gh  solo   1500 gh merged

Ack, it's been weeks now and you're still using the word "merged" wrong!

There is either solo mining or pool mining*. Some pools also merge mine alt coins. "Merged" and "pool" mean different things. The words are not interchangeable.


* there are also solo "pools" but they aren't technically real pools since you aren't actually "pooling" your resources. They are really more like solo mining gateways.

[philipma1957]

Isnt this exactly what you want?

https://bitcointalk.org/index.php?topic=262712.0

Not exactly.
OP still wants to have half of the usual revenue when he doesn't find the block lol.

Well, OP just needs to split half his hashrate to solopool and half to a more usual pool. Over time it'll average out to the same thing.

yeah that is the best solution for him.  I do 1.5 % to bitsolo.net and 99 % to btcguild.

Please share this method for achieving 100.5% of your hashrate?

   auto correct  ? rounding error?      


  15gh   and 1020gh    hmm  lets not be lazy 15/1035 = 1.45 percent     1020/1035 = 98.55 percent


I am getting 2 or 3 s-3's .

 I plan to  use one at solo and the other one or 2 at merged pool like bitminter.


I would then be  at 500gh  solo   1500 gh merged

Ack, it's been weeks now and you're still using the word "merged" wrong!

There is either solo mining or pool mining*. Some pools also merge mine alt coins. "Merged" and "pool" mean different things. The words are not interchangeable.


* there are also solo "pools" but they aren't technically real pools since you aren't actually "pooling" your resources. They are really more like solo mining gateways.

I coined merged pools to be  differential  from solo pools.

I do understand  you, but if bitsolo.net and solopool.net call their selves solo pools I don't I  know what to call the 'normal' pools.

using solopool.net or bitsolo.net   we are using a pooled server  that rewards blocks to the block maker only.

[organofcorti]

I coined merged pools to be  differential  from solo pools.

I do understand  you, but if bitsolo.net and solopool.net call their selves solo pools I don't I  know what to call the 'normal' pools.

using solopool.net or bitsolo.net   we are using a pooled server  that rewards blocks to the block maker only.

what happens when a "solo" pools starts including merged mining?

[crunck]

great idea.  pool ops won't do it.  I could show the math and rant and rave why every miner should so some solo mining.  this pool is just that some solo mining.

I could say that
btcguild
bitminter
slush
eligus

should all offer a server link with this or something like this.

100% share
75%   share
50%   share
25%   share
0%     share

I could also say wemineltc should do it.  but they won't.  pools don't want to offer this for lots of reasons.

I won't go into the why of it.  But they wont offer it.

 I mine 15 gh here
http://bitsolo.net/my-account/

I mine 1 th here

www.btcguild.com

I must also hold my hands up to throwing 20 GH/s at bitsolo.... well you never know.

But back on topic, i think a 50% finders block bonus is a good idea and certainly something i would consider !

[TheJuice]

I wish there were a pool which rewarded the block finder with 12.5 BTC (the remaining 12.5+fees would de divided between all miners, just as a normal pool).

The total network hash rate is 120.000 TH, so even with just 1TH you play a game with reasonable odds.  Within the next 10,000 blocks (~2 months) you have an 8% chance of winning.

This would also help the network. Individuals would play for the same reason they participate in state lotteries. They are likely to "over-invest" (which they btw do all ready) so that the expected return turns negative. Large investors with data centers would be forced out.

I have 15% of my hashrate pointing to bitsolo and 85% at a normal pool. This way you can pick how much you want to gamble! I have a 1% chance at finding  block per week. Not bad

[OgNasty]

https://bitcointalk.org/index.php?topic=306611.0

Our bonus lottery sounds like what you want.  The lottery winnings will be provided completely separate of mined coins or the block transaction fees, so you won't be sacrificing any of your regular earnings and only gaining the possibility of winning the lottery.  There is 0% fee and you will even be able to sell your earned lotto tickets in the future if you wanted.  While the lottery payout system isn't yet implemented, we have begun giving lottery tickets out to our miners.  You only need to sign up for an account and nastyfans.org and register the Bitcoin mining address you are using as your username to mine on nastyfans.org:9332