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Topic: [ANN][TKT] Ticketcoin - New Lottery Mining - X11 - NINJA - No ICO 0.5% premine - page 7. (Read 13472 times)

sr. member
Activity: 301
Merit: 250
Good chance to increase your stakes here before the lotto POS goes in effect.  This is something innovative we've not seen before - nice work dev!!!
hero member
Activity: 560
Merit: 500
Am i broke yet?
ya the lotto pool kinda fucked everyone on coin price.  too bad.  moving on to the next coin.
newbie
Activity: 13
Merit: 0
This is just speculation on my part but:

With most of the hashrate being on the lucky pools the diff has to go very low in order to sustain the desired block finding rate which means that way more than 1 out of 50 blocks are lucky blocks.

I thought of this. If most people are mining on lottopools then if you switch to a normal pool with the lowered difficulty then this pool will find blocks 49 times faster and it'll balance out.

Also sorry for the mistake it's not Max PoW coins, it's the approximate max without accounting for lottomining. Clearly the supply will be a bit more with this many people lottomining
sr. member
Activity: 474
Merit: 263
anonymous    43 lucky blocks    1,075,000

he already have a shitload =) 1M to dump on ur face ^^



you should look into shares not blocks.



with 15 gh , i think he is grabbing near 24000 per blocks =)

18k because another guy hashing with 5 gh


Well the coin is currently valued only at 100 sats.


With the average diff of 50 and block reward of 250, it only makes 0.10BTC/GH/Day and the rental for X11 is 0.30BTC/GH/Day.

So somebody who got the lucky block earlier had to dump a huge load and ruined the price for everybody.

That is what happens when you give someone a big lump some straight away
legendary
Activity: 3808
Merit: 1723
Up to 300% + 200 FS deposit bonuses
from OP:

'Max PoW Coins: ~2,520,000 TKT
PoS Starts on Block 10080, about 7 days of PoW mining''


until now were created 2,730,100 TKT - at first day !?

Are those coins valid though or invalid? Because it looks like many pools have solved the 25,000 blocks but later on they don't mature.

No idea what is the true supply.
sr. member
Activity: 271
Merit: 250
from OP:

'Max PoW Coins: ~2,520,000 TKT
PoS Starts on Block 10080, about 7 days of PoW mining''


until now were created 2,730,100 TKT - at first day !?
legendary
Activity: 3808
Merit: 1723
Up to 300% + 200 FS deposit bonuses
anonymous    43 lucky blocks    1,075,000

he already have a shitload =) 1M to dump on ur face ^^



you should look into shares not blocks.



with 15 gh , i think he is grabbing near 24000 per blocks =)

18k because another guy hashing with 5 gh


Well the coin is currently valued only at 100 sats.


With the average diff of 50 and block reward of 250, it only makes 0.10BTC/GH/Day and the rental for X11 is 0.30BTC/GH/Day.

So somebody who got the lucky block earlier had to dump a huge load and ruined the price for everybody.
full member
Activity: 224
Merit: 100
anonymous    43 lucky blocks    1,075,000

he already have a shitload =) 1M to dump on ur face ^^



you should look into shares not blocks.



with 15 gh , i think he is grabbing near 24000 per blocks =)

18k because another guy hashing with 5 gh
legendary
Activity: 1246
Merit: 1005
anonymous    43 lucky blocks    1,075,000

he already have a shitload =) 1M to dump on ur face ^^



you should look into shares not blocks.

sr. member
Activity: 287
Merit: 250
This is just speculation on my part but:

With most of the hashrate being on the lucky pools the diff has to go very low in order to sustain the desired block finding rate which means that way more than 1 out of 50 blocks are lucky blocks.
full member
Activity: 224
Merit: 100
anonymous    43 lucky blocks    1,075,000

he already have a shitload =) 1M to dump on ur face ^^

legendary
Activity: 2688
Merit: 1240
I guess this coin is dead now since the code is messed up.

https://tkt.minerpools.com/index.php keeps finding a "lucky" block every few blocks or so.

Too many coins out there now. Waste of time mining this. Wish dev tested this code before launching this coin.

Not sure what you mean, thats exactly how it is supposed to be, https://tktlto.suprnova.cc works exactly the same way, if everyone is just mining on the lottery pools, the found blocks are all "lucky"...

Didn't know it worked this way. I was mining on the "non-lottery" pool and then checked the other pools and they were making 100x as I was making 1x.

This coins value will be like 1 satoshi since the 15Gh/s miner is making 444,542,818 coins per day.
NO, read the OP. I am pretty sure those estimate numbers are inflate by the X100 and 1/50th odds. 15Gh is not getting that many coins or even close.

Huh ??!

I've even posted on the TKT-LOT and TKT-NONLOT Pools in red in the header how it works.

There is a non-lottery pool where you get 250 coins for every block. Blocks are found on a regular basis (ideally when the done percentage says 100%) and there is the lottery pool where you get 250.000 coins per block BUT there is a 1:50 chance that the coin finds a block, so a block is not found ideally at 100%, its found somewhere between 0 and 50000%  ...  (the coin's code decides by "throwing a dice" if the blocks get accepted or not.)

It's like a lottery.. Thats what the coin is all about Smiley

Thats why there are two separate pools for it.. tkt.suprnova.cc and tktlto.suprnova.cc .. and thats why there are two separate categories for pools in the OP Smiley

So it finds the blocks but they blocks never mature? How can you tell if they matured correctly or not?



You "find" 50 blocks, but 49 are (randomly) rejected - 1 is (randomly) accepted with the big reward.  You can tell if they "mature" or not if they show up or not i.e. get listed by the daemon / accepted by the blockchain.

Imagine you throw dices 10 ft away and expect them to show "27".. You then walk over to them, they do not show 27, you throw them again, walk over again, again not 27, throw again, this time they show 27 etc...
legendary
Activity: 3808
Merit: 1723
Up to 300% + 200 FS deposit bonuses
I guess this coin is dead now since the code is messed up.

https://tkt.minerpools.com/index.php keeps finding a "lucky" block every few blocks or so.

Too many coins out there now. Waste of time mining this. Wish dev tested this code before launching this coin.

Not sure what you mean, thats exactly how it is supposed to be, https://tktlto.suprnova.cc works exactly the same way, if everyone is just mining on the lottery pools, the found blocks are all "lucky"...

Didn't know it worked this way. I was mining on the "non-lottery" pool and then checked the other pools and they were making 100x as I was making 1x.

This coins value will be like 1 satoshi since the 15Gh/s miner is making 444,542,818 coins per day.
NO, read the OP. I am pretty sure those estimate numbers are inflate by the X100 and 1/50th odds. 15Gh is not getting that many coins or even close.

Huh ??!

I've even posted on the TKT-LOT and TKT-NONLOT Pools in red in the header how it works.

There is a non-lottery pool where you get 250 coins for every block. Blocks are found on a regular basis (ideally when the done percentage says 100%) and there is the lottery pool where you get 250.000 coins per block BUT there is a 1:50 chance that the coin finds a block, so a block is not found ideally at 100%, its found somewhere between 0 and 50000%  ...  (the coin's code decides by "throwing a dice" if the blocks get accepted or not.)

It's like a lottery.. Thats what the coin is all about Smiley

Thats why there are two separate pools for it.. tkt.suprnova.cc and tktlto.suprnova.cc .. and thats why there are two separate categories for pools in the OP Smiley

So it finds the blocks but they blocks never mature? How can you tell if they matured correctly or not?

sr. member
Activity: 532
Merit: 250
I guess this coin is dead now since the code is messed up.

https://tkt.minerpools.com/index.php keeps finding a "lucky" block every few blocks or so.

Too many coins out there now. Waste of time mining this. Wish dev tested this code before launching this coin.

Not sure what you mean, thats exactly how it is supposed to be, https://tktlto.suprnova.cc works exactly the same way, if everyone is just mining on the lottery pools, the found blocks are all "lucky"...

our pool - http://tkt.binpool.com/ - found blocks correct too
sr. member
Activity: 419
Merit: 264
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legendary
Activity: 2688
Merit: 1240
I guess this coin is dead now since the code is messed up.

https://tkt.minerpools.com/index.php keeps finding a "lucky" block every few blocks or so.

Too many coins out there now. Waste of time mining this. Wish dev tested this code before launching this coin.

Not sure what you mean, thats exactly how it is supposed to be, https://tktlto.suprnova.cc works exactly the same way, if everyone is just mining on the lottery pools, the found blocks are all "lucky"...

Didn't know it worked this way. I was mining on the "non-lottery" pool and then checked the other pools and they were making 100x as I was making 1x.

This coins value will be like 1 satoshi since the 15Gh/s miner is making 444,542,818 coins per day.
NO, read the OP. I am pretty sure those estimate numbers are inflate by the X100 and 1/50th odds. 15Gh is not getting that many coins or even close.

Huh ??!

I've even posted on the TKT-LOT and TKT-NONLOT Pools in red in the header how it works.

There is a non-lottery pool where you get 250 coins for every block. Blocks are found on a regular basis (ideally when the done percentage says 100%) and there is the lottery pool where you get 250.000 coins per block BUT there is a 1:50 chance that the coin finds a block, so a block is not found ideally at 100%, its found somewhere between 0 and 50000%  ...  (the coin's code decides by "throwing a dice" if the blocks get accepted or not.)

It's like a lottery.. Thats what the coin is all about Smiley

Thats why there are two separate pools for it.. tkt.suprnova.cc and tktlto.suprnova.cc .. and thats why there are two separate categories for pools in the OP Smiley
legendary
Activity: 1848
Merit: 1018
I guess this coin is dead now since the code is messed up.

https://tkt.minerpools.com/index.php keeps finding a "lucky" block every few blocks or so.

Too many coins out there now. Waste of time mining this. Wish dev tested this code before launching this coin.

Not sure what you mean, thats exactly how it is supposed to be, https://tktlto.suprnova.cc works exactly the same way, if everyone is just mining on the lottery pools, the found blocks are all "lucky"...

Didn't know it worked this way. I was mining on the "non-lottery" pool and then checked the other pools and they were making 100x as I was making 1x.

This coins value will be like 1 satoshi since the 15Gh/s miner is making 444,542,818 coins per day.
NO, read the OP. I am pretty sure those estimate numbers are inflate by the X100 and 1/50th odds. 15Gh is not getting that many coins or even close.
legendary
Activity: 3808
Merit: 1723
Up to 300% + 200 FS deposit bonuses
I guess this coin is dead now since the code is messed up.

https://tkt.minerpools.com/index.php keeps finding a "lucky" block every few blocks or so.

Too many coins out there now. Waste of time mining this. Wish dev tested this code before launching this coin.

Not sure what you mean, thats exactly how it is supposed to be, https://tktlto.suprnova.cc works exactly the same way, if everyone is just mining on the lottery pools, the found blocks are all "lucky"...

Didn't know it worked this way. I was mining on the "non-lottery" pool and then checked the other pools and they were making 100x as I was making 1x.

This coins value will be like 1 satoshi since the 15Gh/s miner is making 444,542,818 coins per day.

I dont think thats true.... The blocks register as 25k one the pool but are only worth 1. It's the Block finder which has the real number of blocks found... Its just how supernova has set it up

Oh, didnt know that. I apologise and retract my original statement. I kept checking the "block" logs and it was saying 25,000 value every few minutes or so.

sr. member
Activity: 474
Merit: 263
I guess this coin is dead now since the code is messed up.

https://tkt.minerpools.com/index.php keeps finding a "lucky" block every few blocks or so.

Too many coins out there now. Waste of time mining this. Wish dev tested this code before launching this coin.

Not sure what you mean, thats exactly how it is supposed to be, https://tktlto.suprnova.cc works exactly the same way, if everyone is just mining on the lottery pools, the found blocks are all "lucky"...

Didn't know it worked this way. I was mining on the "non-lottery" pool and then checked the other pools and they were making 100x as I was making 1x.

This coins value will be like 1 satoshi since the 15Gh/s miner is making 444,542,818 coins per day.

I dont think thats true.... The blocks register as 25k one the pool but are only worth 1. It's the Block finder which has the real number of blocks found... Its just how supernova has set it up
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