Quote from: SteamOctanePool on August 24, 2017, 12:24:45 AM

Quote from: Chronn on August 23, 2017, 02:22:51 PM

Well, you apparently chose one of those algorithms where you can order ASICs already. Simply typing "x11 asic" into google returns a lot of results and reviews even.
This is pretty much what I have warned you about, smaller miners will get easily overtaken by a few ASICs. As soon as your coin gets a noticable value, people will send their ASICs to mine it and smaller miners will just drop the coin.
This works against the decentralization aspect of blockchains.

Considering the low reward for the first blocks: Absolutely right choice. This may slow development in the first few days, but this gives people enough time to adapt and there is no need to be one of the first to get something out of mining.

So far I really lack a clear idea of how you want to implement those bets.
Is there any automated way of retrieving and analyzing game scores? I know that with Steam you can get some API access and get results. Is there anything similar for other big FPS games?
Doing this by hand is probably hardly worth the effort unless the referees get a compensation. This opens uip another box of problems though.

Maybe you can clarify your approach a bit more?
Are the people betting players themselves or are we just betting on professional matches?

I figured X11 ASIC's would be better then SHA or Scrypt ASIC's and less popular, so I figured we would get the best of both worlds, ASIC's and GPU's.

Currently I am not sure of a way of automating it. I will have to look into that. The ref model is the only way I can see this working. The Ref's will get compensated (Right now I am thinking of 10% for high FPSc matches, and up to 15% on lower, depending on coin value). We may have to sweeten the deal a few % with the sites profit, and premine at first until the coin gets value. But I figure if it pays around $10 / hour for new refs, and up to $20 / hour for experienced refs it will be worth it for them as a part time job. The dollar amount will be in coins of course.

I want to only get into betting on personal games, getting into the pro games would get into the legality issue.

Thanks.

You can farther reduce ASIC miners to baikal miners with quark, or x15