[∞ YH] solo.ckpool.org 2% fee solo mining USA/DE 255 blocks solved!

[aarons6]

If -- no WHEN I solve a block, will the good news appear in my stats at http://solo.ckpool.org/users/? Other than monitoring cgminer, is there anyway to know that I hit the jackpot? Or do 12.5 BTC just magically appear in my wallet?

The money will magically appear in your wallet before any other notification since you get it as soon as it's solved directly to your wallet address.

I wonder if there'd be a demand for a no-frills pool like this one for regular miners that does ordinary PPLNS payments? There seems to be little demand for new pools these days but perhaps there is a need for something people can set and forget like this solo pool that will take miners of any size and create coinbase payments like the solo pool does with a baseline ckpool code fee like 0.5%. I'd rather not take any hashrate away from the existing small pools but perhaps it might encourage more people to not automatically choose large pools if they have small hashrates, and might go some more way towards helping activate bitcoin core changes. What do miners think?

you are basically talking about kanos pool lol

[-ck]

If -- no WHEN I solve a block, will the good news appear in my stats at http://solo.ckpool.org/users/? Other than monitoring cgminer, is there anyway to know that I hit the jackpot? Or do 12.5 BTC just magically appear in my wallet?

The money will magically appear in your wallet before any other notification since you get it as soon as it's solved directly to your wallet address.

I wonder if there'd be a demand for a no-frills pool like this one for regular miners that does ordinary PPLNS payments? There seems to be little demand for new pools these days but perhaps there is a need for something people can set and forget like this solo pool that will take miners of any size and create coinbase payments like the solo pool does with a baseline ckpool code fee like 0.5%. I'd rather not take any hashrate away from the existing small pools but perhaps it might encourage more people to not automatically choose large pools if they have small hashrates, and might go some more way towards helping activate bitcoin core changes. What do miners think?

you are basically talking about kanos pool lol

No I'm not. His pool is not a no-frills pool, having full featured statistics and a proper web GUI front end, nor is it signalling segwit, and is higher fee and does not pay out minuscule miners. Would it be competing? Yes and no, since they'd be offering something different.

[NotFuzzyWarm]

What do miners think?

For all the reasons you gave I say go for it.
Yes is nice pointing my Sidehack sticks at the solo lottery but -- I can see low hash rate folks wanting a shot at pool earnings.
As you said, Kano loves my multi-THs s7, 9, A741's, etc., but forget pointing sticks at it.

Actually, not sure if KanoPool would even still like s1's or Sidehacks's upcoming Pod (>150GHs). Does it?

[-ck]

Actually, not sure if it would even still like s1's or Sidehacks's upcoming Pod (>150GHs). Does it?

There would be no lower limit to hashrate, but it means some miners may end up with extremely small payouts. There would be no reserve whatsoever and no transactions for payouts with everything being paid out proportionately with each block find as a generation transaction - kind of like an extended version of what happens with this current solo pool. Of course if it only attracts small miners it may never get large enough to have consistent block finds but at least if/when a block is found everyone will get their share. It would have similar no-frills statistics as per the solo pool but with the extra information of expected reward.

[NotFuzzyWarm]

heh! Wadda ya know. Just checked and one of the blocks found on KanoPool today was from a user with 0.89TH/s! I guess the pool does still take maybe even as low as s1/3's?
But talk about a small % of payout...

How would you handle Whales dropping in to the pool and swamping out the small fry?

[PublicP2poolNode]

If -- no WHEN I solve a block, will the good news appear in my stats at http://solo.ckpool.org/users/? Other than monitoring cgminer, is there anyway to know that I hit the jackpot? Or do 12.5 BTC just magically appear in my wallet?

The money will magically appear in your wallet before any other notification since you get it as soon as it's solved directly to your wallet address.

I wonder if there'd be a demand for a no-frills pool like this one for regular miners that does ordinary PPLNS payments? There seems to be little demand for new pools these days but perhaps there is a need for something people can set and forget like this solo pool that will take miners of any size and create coinbase payments like the solo pool does with a baseline ckpool code fee like 0.5%. I'd rather not take any hashrate away from the existing small pools but perhaps it might encourage more people to not automatically choose large pools if they have small hashrates, and might go some more way towards helping activate bitcoin core changes. What do miners think?

I'd like to see a hybrid solomining pool, where you get your fee for running the pool, the block finder gets 50% and the rest is distributed to the other miners.

[chillfactr]

If -- no WHEN I solve a block, will the good news appear in my stats at http://solo.ckpool.org/users/? Other than monitoring cgminer, is there anyway to know that I hit the jackpot? Or do 12.5 BTC just magically appear in my wallet?

The money will magically appear in your wallet before any other notification since you get it as soon as it's solved directly to your wallet address.

I wonder if there'd be a demand for a no-frills pool like this one for regular miners that does ordinary PPLNS payments? There seems to be little demand for new pools these days but perhaps there is a need for something people can set and forget like this solo pool that will take miners of any size and create coinbase payments like the solo pool does with a baseline ckpool code fee like 0.5%. I'd rather not take any hashrate away from the existing small pools but perhaps it might encourage more people to not automatically choose large pools if they have small hashrates, and might go some more way towards helping activate bitcoin core changes. What do miners think?

I'd like to see a hybrid solomining pool, where you get your fee for running the pool, the block finder gets 50% and the rest is distributed to the other miners.

Im with P2P on that, 50% to block finder and distribute rest, plus your .5% plus the usual donation from block finder lol. 

[-ck]

I'd like to see a hybrid solomining pool, where you get your fee for running the pool, the block finder gets 50% and the rest is distributed to the other miners.

Im with P2P on that, 50% to block finder and distribute rest, plus your .5% plus the usual donation from block finder lol.  

If you put half your hashrate in a solo pool and half in a pplns pool then over the (very) long term you achieve the same thing and I suspect the vast majority of miners wouldn't want that scheme you're requesting (though I could be wrong.)

[chillfactr]

I'd like to see a hybrid solomining pool, where you get your fee for running the pool, the block finder gets 50% and the rest is distributed to the other miners.

Im with P2P on that, 50% to block finder and distribute rest, plus your .5% plus the usual donation from block finder lol.  

If you put half your hashrate in a solo pool and half in a pplns pool then over the (very) long term you achieve the same thing and I suspect the vast majority of miners wouldn't want that scheme you're requesting (though I could be wrong.)

But if most of the miners are not big riggers like myself, wanna chance it on a pool that is basically solo, but will have some kind of reward if a block is hit would keep me mining on it.   lets just say the pool block finder gets 50% of block and rest is split by hashrate of course, im totally cool with that,  if a miner does not want to share his pool then he/she can stay on solo pool and chance it. 

Sounds good but is it doable? is the main question, and what would xtra cost be on top of dedicating the server to such a pool?

[usernamehere]

heh! Wadda ya know. Just checked and one of the blocks found on KanoPool today was from a user with 0.89TH/s! I guess the pool does still take maybe even as low as s1/3's?
But talk about a small % of payout...

How would you handle Whales dropping in to the pool and swamping out the small fry?

I don't see how this would be any different if the whales were mining on any other pool.

[Eagleone]

Solo = cheap / free / commercial power
pool = expensive power / residential situation

Pick one

There is no try...

Only Do or Do not!

[-ck]

Sounds good but is it doable? is the main question, and what would xtra cost be on top of dedicating the server to such a pool?

Cost to whom, me? Code time. I wouldn't have time to start on it for a few weeks anyway but I wanted the idea to get out there and get aired. I'm happy to shelve the idea if interest is low (there are plenty of other ideas I've thought up but never tackled.)

[chillfactr]

Sounds good but is it doable? is the main question, and what would xtra cost be on top of dedicating the server to such a pool?

Cost to whom, me? Code time. I wouldn't have time to start on it for a few weeks anyway but I wanted the idea to get out there and get aired

But wont you have to dedicate a server for such a pool,  and bandwidth?



 I'm happy to shelve the idea if interest is low (there are plenty of other ideas I've thought up but never tackled.)


 shoot out some other ideas lets get them on the shelf

[PublicP2poolNode]

I'd like to see a hybrid solomining pool, where you get your fee for running the pool, the block finder gets 50% and the rest is distributed to the other miners.

Im with P2P on that, 50% to block finder and distribute rest, plus your .5% plus the usual donation from block finder lol.  

If you put half your hashrate in a solo pool and half in a pplns pool then over the (very) long term you achieve the same thing and I suspect the vast majority of miners wouldn't want that scheme you're requesting (though I could be wrong.)

true, but the pool you're talking about making is pplns with coinbase payouts, which I really like, but I also like solomining.

The only pool I know of that gives an extra reward to the block finder is p2pool which also pays via coinbase transactions but the block reward is only 0.5%

After sleeping on it a bit I'm now thinking that I would like to recommend the hybrid pool I mentioned but with the block finder receiving 10% rather than 50%

No other pool offers this so it would stand out amongst the other pools.

Also, for those of us who like to rent hashpower to solomine, it would reduce our variance quite a bit and let us stay in the game longer during periods of bad luck.

It'd be similar to the solo groups that have been popular on this site periodically over the last couple of years.

I could see someone with a low hashrate who would rather have a little of something rather than a lot of nothing but who wouldn't mind earning on average ten percent less than they would on a traditional pplns pool with the excitement of knowing that if they find the block they'd recieve a really fun payout.

Personally I think it's a great idea and would love to see it made

The tricky part would be that the block finder should get ten percent on top of pplns shares. That way if the block finder had 90% of the hashrate it wouldn't be fair if he only got 10% of the rewards.

[SA Bitcoin Brothers]

How many hashpower do you need to go solo and make it worth your while?

[moe7865]

How many hashpower do you need to go solo and make it worth your while?

I'd say around 2PH+ would be a good amount. Otherwise, if you looking for bigger payouts mine on a smaller pool

[-ck]

I'd like to see a hybrid solomining pool, where you get your fee for running the pool, the block finder gets 50% and the rest is distributed to the other miners.

Im with P2P on that, 50% to block finder and distribute rest, plus your .5% plus the usual donation from block finder lol.  

If you put half your hashrate in a solo pool and half in a pplns pool then over the (very) long term you achieve the same thing and I suspect the vast majority of miners wouldn't want that scheme you're requesting (though I could be wrong.)

true, but the pool you're talking about making is pplns with coinbase payouts, which I really like, but I also like solomining.

If I make a coinbase payout pplns pool you can split your hashrate however you like between my 2 pools

[chillfactr]

I'd like to see a hybrid solomining pool, where you get your fee for running the pool, the block finder gets 50% and the rest is distributed to the other miners.

Im with P2P on that, 50% to block finder and distribute rest, plus your .5% plus the usual donation from block finder lol.  

If you put half your hashrate in a solo pool and half in a pplns pool then over the (very) long term you achieve the same thing and I suspect the vast majority of miners wouldn't want that scheme you're requesting (though I could be wrong.)

true, but the pool you're talking about making is pplns with coinbase payouts, which I really like, but I also like solomining.

If I make a coinbase payout pplns pool you can split your hashrate however you like between my 2 pools

if you do decide to make the pplns pool, around when would it be up and running?

[-ck]

if you do decide to make the pplns pool, around when would it be up and running?

I'm going away for a few weeks so won't really be working on it in earnest for about 3 weeks (if I go ahead). So likely it's at least a month away still. I have had interest from people out of the forum thread so it's more likely to happen now.

[iegservers]

if you do decide to make the pplns pool, around when would it be up and running?

I'm going away for a few weeks so won't really be working on it in earnest for about 3 weeks (if I go ahead). So likely it's at least a month away still. I have had interest from people out of the forum thread so it's more likely to happen now.

U can count me in