Quote from: jonnybravo0311 on October 06, 2015, 05:06:34 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

Sorry for the confusing way I wrote that Wink

. The 1.6BTC is per person in the 5 man group the original post suggested. You can rent 1PH/s for 24 hours for 8BTC on NH/WH.

Guys I'm happy to contribute 1 BTC in trying to help in finding that block so let me know.

I suggest we just donate the funds to Nexious and let him find a trusted member to run the group rental for us.