Miner Bonus Program | Paying Miner's $8.00/day per 1,000 KH/s!

[coingobbler14]

I can't verify hash rate, because I am not using a pool, and am using a total of 40 CPU's and GPU's, but I solved 8 blocks so far.  When solo mining, there's no way to verify hashrate that I know...

[root@lin2 ~]# ./gldcoind listtransactions
[
    {
        "account" : "",
        "category" : "immature",
        "amount" : 500.40000000,
        "confirmations" : 17,
        "blockhash" : "22cb7238efde9e9af540f251fe6215fe3faaeda29c8bb6b174002aef0bc02edc",
        "blockindex" : 0,
        "txid" : "8535af48aaee74f2ad0068f87a60b0bc8c4e60a9fc70e6daa0036be6fd25ea2b",
        "time" : 1370682292
    },
    {
        "account" : "",
        "category" : "immature",
        "amount" : 500.00000000,
        "confirmations" : 16,
        "blockhash" : "372b3dda9c856e64808311891854126f02675b7c94d455a0ef18a4891a1d80f2",
        "blockindex" : 0,
        "txid" : "3b6f4508794de674f91835067bffeb624220e37bbe9750fa6ad176cea445009e",
        "time" : 1370682304
    },
    {
        "account" : "",
        "category" : "immature",
        "amount" : 516.19060000,
        "confirmations" : 15,
        "blockhash" : "5b7c76d3d0405a823d4d48fe39afc56a20726d4eec46c5f8e5ff342c9e6ce7c6",
        "blockindex" : 0,
        "txid" : "08f24b23333bdde0498d01c1b2ef714a8fc9a6420d23bbf8f6bc7d189f2967da",
        "time" : 1370737066
    },
    {
        "account" : "",
        "category" : "immature",
        "amount" : 500.00000000,
        "confirmations" : 13,
        "blockhash" : "bd830890a095f89609cf7900fbdb5c4a0ba05e6007503f526f366fc8d5446c37",
        "blockindex" : 0,
        "txid" : "eb1b33e947844ac99160b4865439e058a3c4deda644efa8bceaa5fb633d0cb6d",
        "time" : 1370737520
    },
    {
        "account" : "",
        "category" : "immature",
        "amount" : 500.00000000,
        "confirmations" : 9,
        "blockhash" : "72d8d161679ac20b540f6a8da331e2d4341352457cbb8990ca78e88c4ba9504d",
        "blockindex" : 0,
        "txid" : "af78f722193465369ac97061d07627b864bfb4c48b13d6c6549eb9ef628553a0",
        "time" : 1370754521
    },
    {
        "account" : "",
        "category" : "immature",
        "amount" : 500.40000000,
        "confirmations" : 8,
        "blockhash" : "9fcd7587bdbef8d35f1ae5110ce22e44b4aaef435aba07b301a4d304726cc9ed",
        "blockindex" : 0,
        "txid" : "72531c870ab3047ed87060cf6dfb3c51b8c62aabdb068f56330b89e3f302ba3a",
        "time" : 1370757211
    },
    {
        "account" : "",
        "category" : "immature",
        "amount" : 500.60000000,
        "confirmations" : 7,
        "blockhash" : "fb669372f6c4ec922ef321e952d50480773cd448b607a0aca6531240e2010b9a",
        "blockindex" : 0,
        "txid" : "f58442dbd144e9db1bb9854a3e4a0c2447583e0ee13c4eb683d7de9bb27a8a44",
        "time" : 1370763362
    },
    {
        "account" : "",
        "category" : "immature",
        "amount" : 500.00000000,
        "confirmations" : 3,
        "blockhash" : "4c2854fe1b78362a2bce5319dbe0fbb1527ce2c0ccbc8b4f1c83ebae9e4fd0a6",
        "blockindex" : 0,
        "txid" : "22d0afdf20cb0c11b6301b7657a40740558a93b3fb0a18a0bc66befa41cbfb79",
        "time" : 1370782832
    }
]
[root@lin2 ~]#

[MicroGuy]

My understanding is that mining hashrate and coins mined should have a direct correlation. Currently I'm receiving mined coins from one of the miners but I having trouble tracking their origin.

What I was thinking is that the participating miners could simply state their hash rates and that the coins mined could serve as the verification. But in order to track where the coins are originating I think I will need to create a unique wallet for each miner. Would love to get some thoughts on this plan? Ways to make it better?

I will be back online a little later today.

[MicroGuy]

So, just to clarify, we don't get to keep the coins we mine? You're not so much paying for mining, as buying goldcoin? It took me a while to find a pool that would actually work, but I'm mining now. You can see my hashrate is only showing in the mid 100s, because it hasn't caught up yet for its stats on the site. should show 435K/hash soon enough though.

http://gld.vircurpool.com/statsAuth

We need to hash (no pun intented) out the details shortly though, or I'm gonna switch back to Bitcoin. Am I mining and selling the coin to you, or are you paying a bonus to goldcoin miners?

I'm open to all suggestions and proposals.

Currently, I like having the miners mine the coins to a unique address of my choosing and then paying them based on hashrate. So then it just boils down to adjusting the per hashrate payment amount to a level that will keep miners interested. In other words making the mining of this coin more profitable to them than mining other coins.

The reason I like this idea is because I will not be selling any coins and flooding the market which will help stabilize and ultimately increase the market price which in turn will attract more miners, which in turn will attract more outside investment.

I've really do have to step out now for a while and will check back in a little later.

[akumaburn]

So, just to clarify, we don't get to keep the coins we mine? You're not so much paying for mining, as buying goldcoin? It took me a while to find a pool that would actually work, but I'm mining now. You can see my hashrate is only showing in the mid 100s, because it hasn't caught up yet for its stats on the site. should show 435K/hash soon enough though.

http://gld.vircurpool.com/statsAuth

We need to hash (no pun intented) out the details shortly though, or I'm gonna switch back to Bitcoin. Am I mining and selling the coin to you, or are you paying a bonus to goldcoin miners?

I'm open to all suggestions and proposals.

Currently, I like having the miners mine the coins to a unique address of my choosing and then paying them based on hashrate. So then it just boils down to adjusting the per hashrate payment amount to a level that will keep miners interested. In other words making the mining of this coin more profitable to them than mining other coins.

The reason I like this idea is because I will not be selling any coins and flooding the market which will help stabilize and ultimately increase the market price which in turn will attract more miners, which in turn will attract more outside investment.

I've really do have to step out now for a while and will check back in a little later.

I'm almost done, I think I have a solution.

Showing screenshots after the mining session is completed.

I will show examples tonight.

[MicroGuy]

Today I completed deals resulting in an additional 7,000 KH/s for the Goldcoin network!

That will exhaust the budget for the week. The last deal I made added another 5,000 KH/s coming from three former litecoin rigs. I will be posting statistics in the first post of this thread as they become available.

As additional mining slots open I will post them in the thread.

[akumaburn]

Unfortunately my power went out a few moments after taking the screenshot 

Essentially, the way to prove your hash-rate would be to post a screenshot after your mining session of your mining application showing your average hashrate, accepted shares and receiving address.

[Stouse49]

Essentially, the way to prove your hash-rate would be to post a screenshot after your mining session of your mining application showing your average hashrate, accepted shares and receiving address.

That sounds right to me.  CGMiner, for instance, will have the start time at the top of the screen.  The pool address and hashrates will be there as well as a time stamp of the last operation (which will show how long the mining operation has been running).

[MicroGuy]

Unfortunately my power went out a few moments after taking the screenshot 

Essentially, the way to prove your hash-rate would be to post a screenshot after your mining session of your mining application showing your average hashrate, accepted shares and receiving address.

Are you solo mining or pool mining. I just pointed 5,000 KH/s at VirCurPool. Is that a good idea?

[MicroGuy]

Unfortunately my power went out a few moments after taking the screenshot 

Essentially, the way to prove your hash-rate would be to post a screenshot after your mining session of your mining application showing your average hashrate, accepted shares and receiving address.

Could we get your config file?

[akumaburn]

Unfortunately my power went out a few moments after taking the screenshot 

Essentially, the way to prove your hash-rate would be to post a screenshot after your mining session of your mining application showing your average hashrate, accepted shares and receiving address.

Are you solo mining or pool mining. I just pointed 5,000 KH/s at VirCurPool. Is that a good idea?

Pool mining, and sure here are my settings for commandline BFGMiner on afraid.next pool:

Code: [Select]

bfgminer --scrypt -o http://next.afraid.org:8117 -u E1dQJkrCefbsBptHmaxCBXb1ayxB1H8Byf -p * --shaders 1120,1792,1792 --thread-concurrency 7700,24576,24576 -I 18 --verbose -g 1 --worksize 256 --lookup-gap 2 --no-submit-stale --no-stratum

Be sure to modify the shaders and thread concurrency values to match the rig's graphic cards.

[MicroGuy]

Unfortunately my power went out a few moments after taking the screenshot 

Essentially, the way to prove your hash-rate would be to post a screenshot after your mining session of your mining application showing your average hashrate, accepted shares and receiving address.

Are you solo mining or pool mining. I just pointed 5,000 KH/s at VirCurPool. Is that a good idea?

Pool mining, and sure here are my settings for commandline BFGMiner on afraid.next pool:

Code: [Select]

bfgminer --scrypt -o http://next.afraid.org:8117 -u E1dQJkrCefbsBptHmaxCBXb1ayxB1H8Byf -p * --shaders 1120,1792,1792 --thread-concurrency 7700,24576,24576 -I 18 --verbose -g 1 --worksize 256 --lookup-gap 2 --no-submit-stale --no-stratum


Thank you! We'll get this setup first thing in the morning with an additional 5000 KH/s. 

[bobbix]

I want to get started on this. I have about a total of 3MH. PM me to let me know. im gonna point half of that at vircurpool ASAP. After I talk with you I will point the rest.

[MicroGuy]

I want to get started on this. I have about a total of 3MH. PM me to let me know. im gonna point half of that at vircurpool ASAP. After I talk with you I will point the rest.

Thanks for expressing interest in mining this coin.

According to my understanding we need to mine here: http://gld.cryptocoinmine.com/

My budget has been exhausted for the week, so I won't be able to pay additional miners at this time. I'm currently contributing over 6,000 KH/s to the network. But I think the coin will be profitable soon so please start mining it if you can.

I notice the price is rising today on Cryptsy.

[AZIZ1977]

hi microguys,

Are you still looking for some miner?

[GoldMine]

Thank you for the 100 GLD microguy