Author [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] Topic: MineBitShares.com - A virtual mining multi-pool for BitShares  (Read 11338 times)

0 Members and 1 Guest are viewing this topic.

Offline nethyb

  • Full Member
  • ***
  • Posts: 198
    • View Profile
  • BTS: nethyb

MineBitShares.com - A virtual mining multi-pool for BitShares
Making the unminable, mineable! - Coming Soon



I'm initiating a delegate campaign to support MineBitShares.com.

MineBitShares.com is a mining pool which will direct the miners hashing power to mine the most profitable traditional POW based crypto currencies that is automatically exchanged for BTSX and paid daily to miners.

It’s likely the pool will help attract and retain new members of the crypto community to BitShares, and by automatically selling other crypto currencies to buy BitSharesX, it’ should also have a positive effect on the price.

When the BitSharesX asset exchange is launched we could even enable miners to mine gold - or at least the value in BitGOLD! Imagine the possibilities!

luckybit kicked off a great discussion and poll earlier in the year -  “If a multipool were set up today to directly mine for BTS as payout how would you react?” and it looked liked two thirds of those polled we’re interested.  http://bitsharestalk.org/index.php?topic=3587.0

The pool is currently being setup and hosted by a UK based crypto services provider, at which point we can start the development customizations to facilitate payouts in BTSX. In all likelihood, I expect it’ll take at least a month for us to be production ready, but I’ll keep the thread updated for those interested in helping us test it etc.

Currently http://www.minebitshares.com points to a landing page and delegate campaign site.

As I’m not (yet) a know member of the BitShares community, I’d also like to invite a well known, trusted member of the community to join the campaign - you don’t have to be technical, but it would useful if you could commit to regular auditing of the pool operation and payouts once we get going. Reach out in the thread or PM if you think this will suit you.

Initial Delegates:
Code: [Select]
wallet_approve_delegate www.minebitshares-com
wallet_approve_delegate www2.minebitshares-com

Approve www.minebitshares-com
Approve www2.minebitshares-com

Seed Nodes:
euseednode.minebitshares.com  (Ireland)
auseednode.minebitshares.com (Sydney)



Who is nethyb? I’ve been a passive BitShares evangelist, PTS miner and investor in BitShares since Dec 2013.
Mining PTS (remember when is was 0.02BTC ) was how I initially became aware of BitShares and soon realised it wasn’t just another coin - leading me to become a regular AGS investor. I’m an IT professional of 20 years based in Australia.

Here is a signed message from one of my BTC AGS donation addresses (1AgXeiurCHScStPbK8QaTr79icGLKbeFxS)
MineBitShares.com - A virtual mining multi-pool for BitSharesX
G9B8ehbdJoG589x4fQcLoXPFvwLPwHKV1I2lBpTsHVsB/SjrqBIt4LKTQVR0Ee5d3DHOaYNjKe5YHpuNogBIU5c=
« Last Edit: November 15, 2014, 02:44:49 PM by nethyb »

Offline luckybit

Re: MineBitShares.com - A virtual mining multi-pool for BitSharesX
« Reply #1 on: July 26, 2014, 03:32:04 PM »
MineBitShares.com - A virtual mining multi-pool for BitSharesX
Making the unminable, mineable! - Coming Soon



I'm initiating a delegate campaign to support MineBitShares.com.

MineBitShares.com is a mining pool which will direct the miners hashing power to mine the most profitable traditional POW based crypto currencies that is automatically exchanged for BTSX and paid daily to miners.

It’s likely the pool will help attract and retain new members of the crypto community to BitShares, and by automatically selling other crypto currencies to buy BitSharesX, it’ should also have a positive effect on the price.

When the BitSharesX asset exchange is launched we could even enable miners to mine gold - or at least the value in BitGOLD! Imagine the possibilities!

luckybit kicked off a great discussion and poll earlier in the year -  “If a multipool were set up today to directly mine for BTS as payout how would you react?” and it looked liked two thirds of those polled we’re interested.  http://bitsharestalk.org/index.php?topic=3587.0

The pool is currently being setup and hosted by a UK based crypto services provider, at which point we can start the development customizations to facilitate payouts in BTSX. In all likelihood, I expect it’ll take at least a month for us to be production ready, but I’ll keep the thread updated for those interested in helping us test it etc.

Currently http://www.minebitshares.com points to a landing page and delegate campaign site.

As I’m not (yet) a know member of the BitShares community, I’d also like to invite a well known, trusted member of the community to join the campaign - you don’t have to be technical, but it would useful if you could commit to regular auditing of the pool operation and payouts once we get going. Reach out in the thread or PM if you think this will suit you.

Initial Delegates:
Code: [Select]
wallet_approve_delegate www.minebitshares-com
wallet_approve_delegate www2.minebitshares-com

Approve www.minebitshares-com
Approve www2.minebitshares-com

Seed Nodes:
euseednode.minebitshares.com  (Ireland)
auseednode.minebitshares.com (Sydney)



Who is nethyb? I’ve been a passive BitShares evangelist, PTS miner and investor in BitShares since Dec 2013.
Mining PTS (remember when is was 0.02BTC ) was how I initially became aware of BitShares and soon realised it wasn’t just another coin - leading me to become a regular AGS investor. I’m an IT professional of 20 years based in Australia.

Here is a signed message from one of my BTC AGS donation addresses (1AgXeiurCHScStPbK8QaTr79icGLKbeFxS)
MineBitShares.com - A virtual mining multi-pool for BitSharesX
G9B8ehbdJoG589x4fQcLoXPFvwLPwHKV1I2lBpTsHVsB/SjrqBIt4LKTQVR0Ee5d3DHOaYNjKe5YHpuNogBIU5c=

 +5% +5%

And with this announcement we have entered into a competition with the Blackcoin community which they cannot win. I tried to get them on board because it would have been mutually beneficial but they prefer competition.

Let me know in what ways I can help this operation. I of course support.
« Last Edit: July 26, 2014, 03:37:50 PM by luckybit »
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline oco101

  • Hero Member
  • *****
  • Posts: 575
    • View Profile
Re: MineBitShares.com - A virtual mining multi-pool for BitSharesX
« Reply #2 on: July 26, 2014, 04:12:38 PM »
I remember that discussion that Luckybit started, I thought it was brilliant idea. Good luck guys  hope this is gonna work. I like the the idea of mining BitGOLD very much.
 Exciting times.

+1 +1 +1

Offline th4o

  • Newbie
  • *
  • Posts: 8
    • View Profile
Re: MineBitShares.com - A virtual mining multi-pool for BitSharesX
« Reply #3 on: July 26, 2014, 04:55:36 PM »
Great! I would love to see a cryptonote multipool with btsx payout

Offline cass

  • Hero Member
  • *****
  • Posts: 4328
  • /(┬.┬)\
    • View Profile
Re: MineBitShares.com - A virtual mining multi-pool for BitSharesX
« Reply #4 on: July 26, 2014, 04:57:03 PM »
great initiative
█║▌║║█  - - -  The quieter you become, the more you are able to hear  - - -  █║▌║║█

lzr1900

  • Guest
Re: MineBitShares.com - A virtual mining multi-pool for BitSharesX
« Reply #5 on: July 26, 2014, 05:23:06 PM »
very cool

Offline Shentist

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 1605
    • View Profile
    • metaexchange
  • BTS: shentist
Re: MineBitShares.com - A virtual mining multi-pool for BitSharesX
« Reply #6 on: July 28, 2014, 08:00:35 PM »
would be good to give some interested miners a chance to transfer the energy bill in btsx without buying bts. hope you get it running.

Offline CLains

  • Hero Member
  • *****
  • Posts: 2610
    • View Profile
  • BTS: clains
Re: MineBitShares.com - A virtual mining multi-pool for BitSharesX
« Reply #7 on: July 28, 2014, 08:32:32 PM »
Excellent initiative!  +5% +5% +5%
Vote for BTS-2 witness: spectral (1.6.30)

Follow https://steemit.com/@clains

Offline jonte

  • Newbie
  • *
  • Posts: 3
    • View Profile
Re: MineBitShares.com - A virtual mining multi-pool for BitSharesX
« Reply #8 on: August 08, 2014, 08:37:20 AM »
Any news...


BTSX: jonte

Offline crazybit

  • Sr. Member
  • ****
  • Posts: 415
    • View Profile
Re: MineBitShares.com - A virtual mining multi-pool for BitSharesX
« Reply #9 on: August 08, 2014, 10:23:43 AM »
cool +5%

Offline liondani

Re: MineBitShares.com - A virtual mining multi-pool for BitSharesX
« Reply #10 on: August 08, 2014, 10:37:21 AM »
 +5% +5% +5%

1. any details about fees?
2. which coins will you support?
  https://bitshares.OPENLEDGER.info/?r=GREECE  | You are in Control | BUY | SELL | SHORT | SWAP | LOAN | TRADE |  

Offline nethyb

  • Full Member
  • ***
  • Posts: 198
    • View Profile
  • BTS: nethyb
Re: MineBitShares.com - A virtual mining multi-pool for BitSharesX
« Reply #11 on: August 08, 2014, 02:17:52 PM »
Progress is OK, we're now at the stage of working on setting up auto payouts in BTSX.

All going well, we'd like to open it up to the community for beta testing, probably week after next.

We'll start with scrypt and x11 algos, and potentially expand to sha256 later.

As to fee's, we'll be looking to cover costs and effort in management of coin selection to maximise pool profitability. Most multi-pools operate at between 2% and 4% so we'll probably start of at 3% and see how we're doing.

If we can get our delegates in the top 101 and producing blocks then that'll help with costs and maximise BTSX payouts for the miners, or even give us the ability to offer bonus payouts etc...

I'm really hoping that the pool will help to bring a new audience and associated demand to BitShares and so increase the overall value of our BTSX investments.

Time will tell though, and in some ways, hopefully the pools contribution to BTSX value will be insignificant compared to the upcoming marketing initiatives that I have a sense are being worked on and the new DACS that are soon to be released.

While your waiting for the pool to be beta ready, best thing you can is to up-vote the minebitshares.com delegates and ask other to do the same..  :)

Offline ssjpts

Re: MineBitShares.com - A virtual mining multi-pool for BitSharesX
« Reply #12 on: August 08, 2014, 02:22:01 PM »
good idea!
新浪微博:剑指未来BTS
BTC:1Bc7gRGotktBmnNFr3BUUM22HFXCCTyxor
BTSX ID:loves,集大众之爱,待到BTS 500刀,10%回退给捐赠者,10%用于运营,剩余80%用于爱心事业和BTS宣传推广。

Offline bytemaster

Re: MineBitShares.com - A virtual mining multi-pool for BitSharesX
« Reply #13 on: August 08, 2014, 02:52:51 PM »
I'm voting for you the next time I move funds :)
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline nethyb

  • Full Member
  • ***
  • Posts: 198
    • View Profile
  • BTS: nethyb
Re: MineBitShares.com - A virtual mining multi-pool for BitSharesX
« Reply #14 on: August 08, 2014, 02:59:21 PM »
I'm voting for you the next time I move funds :)

 +5%  +5% and thanks...

 

Google+