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Topic: [ANN] [COINO] KGW ACTIVATED - WALLET UPDATE ▬► COINO -(O)- ◄▬ The fastest Coin - page 120. (Read 233807 times)

full member
Activity: 126
Merit: 100
Contest Details

The prize will be a video game of your choice through steam, gifted to your steam account.

I will be doing a combination of ideas that have been thrown around as well as my own.

Here is how it will work:

The contest will start on Friday 1/30/14 @ 12pm  Mountain Time Zone (about 8.5 hours from now) and run for 72 hours.

-Each person who finds a block will receive an entry in a random drawing (limit of 10 entries per person)
-Whoever finds the most blocks will receive an additional 5 entries (15 total entries)
-User IDs 2 through 50 will start off with 3 entries and can still earn the 10 for finding blocks (total of 13 possible entries) This is thanks for getting it started when hashrate was under      25 and blocks were seldom.

At the end of the contest I will post screenshots from the database of how many blocks each user id found.  Then I will enter those user IDs into a randomizer however many times depending on the number of entries you earned.

Whichever user ID is drawn will receive the Steam game.

I think this contest design rewards both the high hashers, the early members, and at the same time gives people that found even just 1 block a chance of winning.

Good luck!
legendary
Activity: 1623
Merit: 1067
member
Activity: 84
Merit: 10
So do I have this right: a steady 35 CON block reward every 25 seconds on average, means this coin can be mined for about 825 days and then... POOF! Anyway, I supposed that's a lot better than stuff that gets mined at a rate of 250 million in six months and then 1 million per year perpetually after that.

well like btc, ltc and so on. You can still mine after that because the transaction fees are always going back to mine....
hero member
Activity: 742
Merit: 500
I'm dying.
If anyone is interested to host giveaways, feel free to host them here:

http://thisweekscoin.com/forum/index.php (Other giveaways)

It's free and there are many users who could complete your tasks for a little reward.





@ThisWeeksCoin
hero member
Activity: 482
Merit: 500
So do I have this right: a steady 35 CON block reward every 25 seconds on average, means this coin can be mined for about 825 days and then... POOF! Anyway, I supposed that's a lot better than stuff that gets mined at a rate of 250 million in six months and then 1 million per year perpetually after that.
newbie
Activity: 56
Merit: 0
Thanks =)  I think everyone went to sleep right before it started though. Oh well they can see it when they get back.
having some dc issues to your pool, not sure if its on my side or yours

my miner wont reconnect sometimes, even with failover pools Undecided
and i won't be able to monitor it as i will be away for Chinese New Year.. shucks

i use teamviewer for remote control, there's an android app too.
yes im about to read up on teamviewer, wanna try it when im back in my hometown

but i dont use android (i'm really bad when it comes to smartphones, phone is just for calls lol)
full member
Activity: 322
Merit: 100
please could anybody explain me wich kind of bonus does the coino.info pool give to block finders?

thanks
legendary
Activity: 1623
Merit: 1067
Thanks =)  I think everyone went to sleep right before it started though. Oh well they can see it when they get back.
having some dc issues to your pool, not sure if its on my side or yours

my miner wont reconnect sometimes, even with failover pools Undecided
and i won't be able to monitor it as i will be away for Chinese New Year.. shucks

i use teamviewer for remote control, there's an android app too.
full member
Activity: 154
Merit: 100
Coin(O) Community Member
Whhooo Hhoooo

poolers.org is now 111Mh/s Smiley

I feel a giveaway coming people as we have now hit his 100Mh/s barrier....  Yeahhhhh, bring it on Smiley

I am a man of my word.  You guys have far exceeded my expectations and I appreciate how quickly people have adopted poolers.org.  I am going to take a little time to plan out the first contest for the Steam video game reward.  We just got a member that started mining at almost 30 MH/s by themselves so whether they stick around or not is going to impact the design of the contest.

If I were to do something like whoever finds the most blocks in x amount of time, that person would pretty much automatically win.  While I do think that higher hashing power should give you better odds, I would like to give everyone a chance at winning. Give me some time to see that this is a sustained hashrate and to put together some details of a contest that will interest everyone and then I will come back with an announcement.  Who knows, maybe while I am working the details out the pool will grow so much that I will be giving away the xbox bundle instead of just a video game. Stay tuned!

Take every register account name (you can see the anonymous ones as well), put them into random.org and just have random.org randomly select a winner. No bias, everybody is equal.

I do think that would be a nice fair way to randomly select a winner but I had something more competitive in mind that would promote continuous participation.  An instant drawing would make the contest over immediately and then we risk people signing up just to get their name in the drawing and then leaving if they don't win.

I would like to use your suggested method though to do random giveaways just for rewarding people for mining with us. These will likely be coin giveaways but that wont come until after the 0% fees end so I can accumulate the coins for the giveaways.  Right now I am only receiving donations which so far have only totaled 14.6 CON.  However for contests designed to quickly grow the pool I would like to do something that requires participation over x amount of time.  This way everyone benefits because even if you don't win a prize, at least you have the benefit of mining in a pool that is finding blocks faster.

Note: regarding 0% fees ending, it is not happening yet and once it does it will be a fair amount.  The people that got here early and locked in 0% will remain at 0% forever.


I don't think it's that hard

Announce the competition 2 days in advance. Anybody who has been mining for 24 hrs between Wednesday and Friday is eligible
At midnight on Wednesday all account number eligible will be enterered into the comp at random.org
On Friday 12 noon the selection will be made



This means all miners who have been with you from day 1 will be entered (like me)
All new miners since the announcement will be eligible
And there is nothing you can do to stop them leaving after the comp anyway!!

I like the idea of random selections every X number of minutes or hours until the funds run out but the reality is that is people are going to leave after the promo they will leave any ways!!
full member
Activity: 126
Merit: 100
Thanks =)  I think everyone went to sleep right before it started though. Oh well they can see it when they get back.
having some dc issues to your pool, not sure if its on my side or yours

my miner wont reconnect sometimes, even with failover pools Undecided
and i won't be able to monitor it as i will be away for Chinese New Year.. shucks

cgminer should try to reconnect after 30 seconds I think.  If you cant connect to failover pools though I suspect the problem is on your end. I hope you get it working and happy new year to you!
full member
Activity: 798
Merit: 101
newbie
Activity: 56
Merit: 0
Thanks =)  I think everyone went to sleep right before it started though. Oh well they can see it when they get back.
having some dc issues to your pool, not sure if its on my side or yours

my miner wont reconnect sometimes, even with failover pools Undecided
and i won't be able to monitor it as i will be away for Chinese New Year.. shucks
hero member
Activity: 742
Merit: 500
I'm dying.
hero member
Activity: 742
Merit: 500
I'm dying.
full member
Activity: 126
Merit: 100
I have just received a generous donation from someone to help out with the promotions so to hold you guys over while I am watching the hashrate, I will start some smaller giveaways.

Using random.org I will generate a random user id and give away 10 CON every 15 minutes for about 3 hours.  I will do this daily until the donations run out.

I will be doing it by account id number instead of user name for a couple of reasons. First, some people want their usernames to be anonymous for security reasons. Also, it is alot easier for me to generate a random number between 1 and the number of accounts than to put each user name into the randomizer.

To promote activity of coinoforum.com and to try to keep from breaking the new giveaway rules on bitcointalk the winners will be announced on coinoforum.com in our pool thread which is here:
http://coinoforum.com/viewtopic.php?f=17&t=87

Feel free to come back here to celebrate winning but I will keep the announcements over there.

The first drawing will be in 22 minutes and then every 15 minutes after for 3 hours. See you there!


Great promo Smiley

Thanks =)  I think everyone went to sleep right before it started though. Oh well they can see it when they get back.
full member
Activity: 798
Merit: 101
I have just received a generous donation from someone to help out with the promotions so to hold you guys over while I am watching the hashrate, I will start some smaller giveaways.

Using random.org I will generate a random user id and give away 10 CON every 15 minutes for about 3 hours.  I will do this daily until the donations run out.

I will be doing it by account id number instead of user name for a couple of reasons. First, some people want their usernames to be anonymous for security reasons. Also, it is alot easier for me to generate a random number between 1 and the number of accounts than to put each user name into the randomizer.

To promote activity of coinoforum.com and to try to keep from breaking the new giveaway rules on bitcointalk the winners will be announced on coinoforum.com in our pool thread which is here:
http://coinoforum.com/viewtopic.php?f=17&t=87

Feel free to come back here to celebrate winning but I will keep the announcements over there.

The first drawing will be in 22 minutes and then every 15 minutes after for 3 hours. See you there!


Great promo Smiley
full member
Activity: 126
Merit: 100
I have just received a generous donation from someone to help out with the promotions so to hold you guys over while I am watching the hashrate, I will start some smaller giveaways.

Using random.org I will generate a random user id and give away 10 CON every 15 minutes for about 3 hours.  I will do this daily until the donations run out.

I will be doing it by account id number instead of user name for a couple of reasons. First, some people want their usernames to be anonymous for security reasons. Also, it is alot easier for me to generate a random number between 1 and the number of accounts than to put each user name into the randomizer.

To promote activity of coinoforum.com and to try to keep from breaking the new giveaway rules on bitcointalk the winners will be announced on coinoforum.com in our pool thread which is here:
http://coinoforum.com/viewtopic.php?f=17&t=87

Feel free to come back here to celebrate winning but I will keep the announcements over there.

The first drawing will be in 22 minutes and then every 15 minutes after for 3 hours. See you there!
full member
Activity: 126
Merit: 100
Whhooo Hhoooo

poolers.org is now 111Mh/s Smiley

I feel a giveaway coming people as we have now hit his 100Mh/s barrier....  Yeahhhhh, bring it on Smiley

I am a man of my word.  You guys have far exceeded my expectations and I appreciate how quickly people have adopted poolers.org.  I am going to take a little time to plan out the first contest for the Steam video game reward.  We just got a member that started mining at almost 30 MH/s by themselves so whether they stick around or not is going to impact the design of the contest.

If I were to do something like whoever finds the most blocks in x amount of time, that person would pretty much automatically win.  While I do think that higher hashing power should give you better odds, I would like to give everyone a chance at winning. Give me some time to see that this is a sustained hashrate and to put together some details of a contest that will interest everyone and then I will come back with an announcement.  Who knows, maybe while I am working the details out the pool will grow so much that I will be giving away the xbox bundle instead of just a video game. Stay tuned!

Take every register account name (you can see the anonymous ones as well), put them into random.org and just have random.org randomly select a winner. No bias, everybody is equal.

I do think that would be a nice fair way to randomly select a winner but I had something more competitive in mind that would promote continuous participation.  An instant drawing would make the contest over immediately and then we risk people signing up just to get their name in the drawing and then leaving if they don't win.

I would like to use your suggested method though to do random giveaways just for rewarding people for mining with us. These will likely be coin giveaways but that wont come until after the 0% fees end so I can accumulate the coins for the giveaways.  Right now I am only receiving donations which so far have only totaled 14.6 CON.  However for contests designed to quickly grow the pool I would like to do something that requires participation over x amount of time.  This way everyone benefits because even if you don't win a prize, at least you have the benefit of mining in a pool that is finding blocks faster.

Note: regarding 0% fees ending, it is not happening yet and once it does it will be a fair amount.  The people that got here early and locked in 0% will remain at 0% forever.


So, maybe have some rules to participate like. If you have been mining for more that 24 hrs at this pool between X and Y then your name is entered into the draw Smiley

This would definitely ward off people that are only in it for the contest but it would also defeat the main purpose which is to grow the pool.  New members that would actually stick around would not be able to participate. I will definitely do these suggestions though for the coin giveaways, they are good ideas.  For the contests though I would like to give everyone a chance while at the same time, have the pool benefit from the surge of competitive mining. I have something in mind, I am just watching the hashrate for a bit to see if it holds.  We have already lost about 30 MH/s in the last 20 to 30 minutes but it is still over 100.

The reason I am giving it time is because of how volatile the hashrate can be in the beginning. I have done contests like these before where I announce it as soon as we hit the designated hashrate and then a couple hours later we lose 80%.  Rest assured though, Im going to start giving stuff away. You guys rock!
full member
Activity: 129
Merit: 100

Take every register account name (you can see the anonymous ones as well), put them into random.org and just have random.org randomly select a winner. No bias, everybody is equal.

I do think that would be a nice fair way to randomly select a winner but I had something more competitive in mind that would promote continuous participation.  An instant drawing would make the contest over immediately and then we risk people signing up just to get their name in the drawing and then leaving if they don't win.

I would like to use your suggested method though to do random giveaways just for rewarding people for mining with us. These will likely be coin giveaways but that wont come until after the 0% fees end so I can accumulate the coins for the giveaways.  Right now I am only receiving donations which so far have only totaled 14.6 CON.  However for contests designed to quickly grow the pool I would like to do something that requires participation over x amount of time.  This way everyone benefits because even if you don't win a prize, at least you have the benefit of mining in a pool that is finding blocks faster.

Note: regarding 0% fees ending, it is not happening yet and once it does it will be a fair amount.  The people that got here early and locked in 0% will remain at 0% forever.


So, maybe have some rules to participate like. If you have been mining for more that 24 hrs at this pool between X and Y then your name is entered into the draw Smiley

I thought of a few ways to do this and found holes in each of them - it is pretty tricky to design a comp that mitigates "hit n run" :/
Good luck Cheesy
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