Quote from: gecox22 on October 05, 2015, 10:11:44 PM

Quote from: innerchaos on October 05, 2015, 01:53:04 AM

Quote from: jonnybravo0311 on October 02, 2015, 01:50:06 PM

Unfortunately, if you try to get a bunch of people together to rent hash, you'll all be competing with each other on the rental site. It would be better if you could get a trusted member to run a group rental for you.

Of course, you need to realize that even if you do manage to get five people interested in supporting this pool by throwing 200TH/s at it for 24 hours, you're still not guaranteed a block. In fact, with 1PH/s, your expected time to block is just over 3 days at current difficulty. That's a pretty significant risk for most - a cost of about 1.6BTC to get a 1 in 3 chance of finding a block where your maximum possible payout would be 5BTC.

Please don't misunderstand me, I wish OP the best of luck with the pool and hope it finds a block. Once the pool starts finding blocks, it will start to attract more users (especially if the current users are happy with the pool).

Actually I think your numbers got jumbled a bit... it would take about 1.6 BTC to run 200TH for 24 hours and it would take a whopping 12 BTC to run 1PH for 24 hours

Wow 12 BTC for 1 PH on 24 hours. But what would be the payout if the pool hit a block?

Payout would depend on shares submitted, but with 1PH compared to what is currently hashing you would get a rather reasonable chunk of the block. Unless the block was found near when you started hashing if that makes sense?