Bitcoin Forum

LuckyBits Mainnet is Live!


Hello Bitcointalk! 🎉

We're excited to introduce LuckyBits—the first gamified blockchain that blends traditional Proof of Work (PoW) mining with the excitement of random multipliers and jackpot-like rewards! Whether you're a seasoned miner or just starting out, LuckyBits offers a thrilling mining adventure that keeps you on the edge of your seat with every block!


🌟 What is LuckyBits?

LuckyBits is an exciting Ethereum PoW fork that transforms mining into a fun, engaging, and rewarding experience! With our gamified approach, every block mined has a chance to trigger huge multipliers, giving you the potential for massive rewards. 💥

🔮 Random Multiplier System:  
Every block mined has the chance to multiply your rewards, from 0x to an incredible 1000x. Using the parent block’s hash, we introduce a unique randomness into the reward distribution—every block could be your jackpot moment!

⚡ Aggressive Block Reward Reduction:  
Our tokenomics ensure that LuckyBits is not just a mining thrill ride, but also sustainable and valuable. Starting at 10 coins per block, rewards decrease by 1 coin every 100,000 blocks until the base reward of 1 coin per block is reached.

🔒 Decentralized Proof of Work:  
Built on the proven security of Ethash-based PoW, LuckyBits remains decentralized, giving every miner a fair chance to participate. Decentralization and fairness are at the core of everything we do.

🎲 Exciting Game Mechanics:  
In addition to mining rewards, Phase 2 of LuckyBits will introduce a suite of decentralized games and lottery-style mechanics, adding more fun ways to earn.


🚀 Why Choose LuckyBits?

Explore the unique features of LuckyBits that make it the most exciting blockchain for miners and the community. 💎🎉

🚫 No Premine  
LuckyBits ensures fairness with no premine, preventing early dumping and giving everyone equal opportunity to earn coins through mining. Designed for sustainable, long-term growth. 🌱

🎰 Multiplier-Based Block Rewards  
Unlock a wide range of rewards with our multiplier system, ranging from 0x to a staggering 1000x! 💥 Every block you mine could be a life-changing reward. 💰

🎲 Blockhash-Based Multiplier  
Leveraging the cryptographic strength of parent block hashes, this secure and tamper-proof system ensures randomness, making every mining experience unpredictable and safe. 🔒🔄

📉 Aggressive Block Reward Cut  
Starting at 10 coins per block, rewards reduce by 1 coin every 100,000 blocks, ⚖️ until reaching a base reward of 1 coin. Scarcity-driven rewards that fuel long-term value. 🔥

🛡️ Decentralized Proof of Work  
LuckyBits is decentralized and powered by Ethash, a proven, strong, and secure algorithm that was previously used by Ethereum. This ensures robust security and fair participation for all miners. ⚒️

🏆 Community Governance  
LuckyBits empowers its community with governance features, 🗳️ allowing token holders to participate in decision-making processes that shape the future of the network. 🌐

📜 Smart Contracts & EVM  
LuckyBits is fully compatible with Ethereum Virtual Machine (EVM), enabling users to deploy and interact with decentralized applications (dApps), NFTs, and smart contracts seamlessly. 💻📱

🎮 Gaming & Casino  
A blockchain optimized for gaming and casino operations, 🕹️ ensuring fairness, transparency, and decentralization for immersive experiences in betting and online gaming. 🎲🎰

🔒 Enhanced Security Protocols  
LuckyBits implements advanced security features to protect the network and users, including double-spend prevention and enhanced resistance to attacks, ensuring a secure environment for all participants. 🛡️

💰 10% House Fee  
Starting from block 1, a 10% fee is applied to all block rewards, allocated for ongoing project development. For example, if a block reward is 5 coins, the miner will receive 5 coins, and an additional 0.5 coins (10%) will go to the house for further development and improvements.


💰 Tokenomics

- Total Block Reward = Base Reward Per Block X Multiplier.
- Unlimited Supply but with managed inflation.  
- Aggressive Reward Reductions: Starting at 10 coins per block, reducing every 100,000 blocks.  
- It will take 5 months to reach 1 coin per block.  
- After that, the reward remains fixed for the lifetime of the chain.


🎮 Phase 2: LuckyBits Casino and Games!

In Phase 2, LuckyBits will unleash a range of exciting decentralized products:

- Smart Contract-Based Casino Games: From blackjack to poker, trustless, fair, and fully decentralized.  
- Lottery and Prediction Games: Win big in daily, weekly, and monthly lottery events, or try your hand at predicting global events, sports outcomes, and crypto prices!  
- Decentralized Betting Events: Fully decentralized betting with secure, trustless payouts.


🛠️ Development and Roadmap

1. Phase 1: Launch of the mainnet, multiplier-based mining, and community growth.  
2. Phase 2: Expansion into decentralized games, lotteries, prediction markets, and more exciting features!


💥 Join the LuckyBits Community!

LuckyBits is more than just a blockchain; it's a vibrant community of miners, gamers, and crypto enthusiasts. Whether you’re here to mine, play, or invest, LuckyBits has something for everyone. 🚀

🔗 Website: LuckyBits.org (https://luckybits.org) | LuckyBitsCoin.com (https://luckybitscoin.com/)  
🐦 Twitter: @LuckyBitsOrg (https://x.com/LuckyBitsOrg)  
💬 Discord: Join Us on Discord (https://discord.gg/scXAKUB4g4)  
📱 Telegram: Telegram Channel (https://t.me/LuckyBitsOrg) | Telegram Group (https://t.me/LuckyBitsChat)


⚒️ Start Mining Your Luck Today!

Join the mining revolution with LuckyBits, where every block could make you a winner! 🎰💸

⛏️ Happy Mining! ⛏️

reserved

 🍀 **Important Announcement: Block Reward Structure Update** 🍀

Hello everyone! We’ve got some exciting news for all the miners in our community. 🚀

As part of our latest code reconfiguration, **we’ve removed the premine from our chain!** 🎉 This move is aimed at ensuring fairness and fostering the long-term growth of our ecosystem.

Instead of a premine, we’ve introduced a **Development Fee**. Here's how it works:

▪ 10% of each block reward will be allocated to the development fund.
▪ If a block generates 0 rewards, the dev fee will be 0.
▪ If a block generates 10 coins, 1 coin will go to development, and so on.


**These funds will be used for:**

🔸 Ongoing development
🔸 Bounties & Marketing
🔸 Exchange listings
🔸 Infrastructure
🔸 Most importantly, funding Phase 2 for our on-chain games 🎮

This change ensures that the project grows alongside the community, with no need to worry about premine. The team believes this new structure benefits miners and helps us scale together as we evolve.

We hope this update brings excitement and positive feedback from you all!

Thank you for your continued support! 💪

Why post, if the launch is one year? Will you be gathering hype for the whole year?

That was a typo, we are launching mainnet in 3 days - 25 Sep, 2024.

🍀 Mainnet Launch Preparation! 🍀

We’re excited to announce that the LuckyBits-Core repository is now live on GitHub as part of our preparations for the upcoming LuckyBits mainnet launch! 🎉

🔗 Explore the repo here: https://github.com/LuckyBitsOrg/LuckyBits-Core

This repository contains the source code of official Golang implementation of LuckyBits — the first multiplier-based Proof of Work blockchain that adds excitement to mining with its gamified rewards! 💎⛏️

✨ To help you get ready, we’ve also released compiled binaries for both Linux and Windows, so you can get set up ahead of the mainnet launch.

🔧 Binaries available for:

- Linux 🐧
- Windows 🖥️

Start preparing your rigs and be ready to mine when we go live!

Hello everyone,

We now have an alternative domain available! While we work to resolve the previous issue, you can visit our new website here: https://luckybitscoin.com/

Please note, this site does not include the MetaMask one-click script to automatically add our network information. You’ll need to manually enter the network details into MetaMask. In the meantime, we’ve also removed the script from our main website, and it’s just a matter of time before Google removes the warning.

For now, this warning doesn't appear on Bing or Microsoft Edge browsers.

Thank you for your patience and continued support!

Love to see new Ethash coins. Ill fire up my eth rig for some hashng!

🎉 POOL BOUNTY UPDATE 🎉

We’re reaching out to confirm your participation in the LuckyBits network launch. Many miners are eager to know which pools will be available to join, and we’d like to gather this information to provide to our community.

If your pool will be listing us at launch, please let us know, and we’ll issue the details to the miners accordingly.

Furthermore, we have adjusted the bounty reward allocation to a total of 50,000 $BIT coins, which will serve as an incentive for mining pools participating at launch. For more details, please refer to our previous announcement.

If you’re interested in hosting our network in your mining pool, kindly contact our team.

Thank you for your support!

We will participate in the LuckyBits network launch
http://epool.uk/

🍀 LuckyBits Mainnet Launch Update 🍀

As we approach the mainnet launch, we’re excited to announce that our block explorer is now live!
✅ Link: https://luckyscan.io/

Additionally, the network information for LuckyBits has been released. You can now add our network to your MetaMask wallet.
✅ Link: https://luckybits.org/metamask

Get your rigs ready to mine LuckyBits and join us as we launch on 25th September 2025 at 03:00 UTC! Just 12 hours more to Goooo!!!

Let’s make this launch a success!

🍀 Official LuckyBits Mining Pool List Announcement 🍀

We are excited to announce that we are curating an official list of mining pools that support LuckyBits! 🎉

If you are a pool operator and would like to have your mining pool featured on the official list, please send us a message with your details. Be part of the growing LuckyBits community!

👉 Link: https://luckybits.org/pools/

Let’s mine LuckyBits together! 💪

🎉 We are super excited to announce the launch of the LuckyBits Mainnet! 🎉

This is a huge milestone for us, and we can’t wait for you to start mining and syncing your nodes on our network! 🚀

Ready to dive in? To get started with LuckyBits, you'll need to import the genesis configuration and initialize your node. Follow these simple steps:

Step 1: Download and Import Genesis

👉 Download it here: https://github.com/LuckyBitsOrg/genesis

To initialize your node with the LuckyBits genesis configuration, run this command:


Make sure to replace `folder_name` with the directory where your node's data will be stored.

Step 2: Run Your Node

After importing the genesis, start your node with this command:


Again, replace `folder_name` with your node's data directory. And that's it! You're all set to start mining and contributing to the LuckyBits network! 🛠️✨

Bootnodes


Let’s make history together with LuckyBits! 💪🍀

LuckyBits Multiplier & Block Reward Tracker: https://luckybits.org/tracker/

🍀 LuckyBits is now officially listed on MiningPoolStats! 🍀

🔗 Link: https://miningpoolstats.stream/luckybits

 🎉 LuckyBits is Now Listed on Rabid-Rabbit Exchange! 🎉

📊 Pair: BIT/USDT 🚀

🔗 https://rabid-rabbit.org/account/trade/BIT-USDT

📢 Introducing: Easy API for Block Reward & Multiplier Query! 🎉

We are excited to announce our new Easy API, designed to simplify the process of querying block rewards and multipliers on the LuckyBits blockchain. Whether you are building a tool, developing a dApp, or conducting an analysis, our API provides seamless access to real-time block data.

🚀 Key Features:

- Real-Time Block Reward Data: Fetch up-to-date block rewards and multipliers for any block.
- Simple Integration: Easily integrate the API into your apps or systems with straightforward GET requests.


📄 Documentation: https://api.luckybits.org/docs/

🍀 Exciting News! 🍀

Hey everyone, we’ve just rolled out new features and updates our discord server. https://discord.gg/6ZKVYbkASS

🎉  Rain Bot is Now Live! 🎉
The much-anticipated Rain Bot is here and ready to drop free BIT tokens on active users! Engage in the server, stay active, and watch out for random rains of BIT tokens. The higher the multiplier, the bigger the rain! 🌧️💸

Here’s what you need to know:

🌟 25x Multiplier: 3 users get 1 BIT each!
🌟 50x Multiplier: 5 users get 1.5 BIT each!
🌟 100x Multiplier: 10 users get 2 BIT each!
🌟 250x Multiplier: 15 users get 2 BIT each!
🌟 500x Multiplier: 20 users get 3 BIT each!
🌟 1000x Multiplier: 25 users get 5 BIT each!

💼 Claim Your Rewards: If you’ve earned tokens, don’t forget to claim them by submitting your wallet address using submitwallet <your address>!

💬 Stay Connected: Keep chatting, tipping, and interacting in the server to increase your chances of getting rained on! The more active you are, the higher the chance you'll catch those sweet BIT tokens!

💡 Use helpme anytime for a list of commands you can use to interact with the bot and claim your rewards.

Let the rains begin! 🌧️🎉

NOTE: Beta Launch 🚀 Still product is under modification as we go.

🎉 LuckyBits is Listed on Fcex Exchange! 🎉

📊 Pair: BIT/USDT 🚀

🔗 https://fcex.trade/announcements/detail/328
 

https://x.com/LuckyBitsOrg/status/1840330860345872878

🚀 LuckyBits Fundraising for XeggeX Listing is Live! 🍀

Support us in getting listed on XeggeX by contributing to the fundraiser. Every contribution helps accelerate our growth!

🔗 Join the fundraiser here: https://luckybits.org/sale/

Your support means everything—let's make this happen together! 💪

🎉 LuckyBits has officially surpassed 50k blocks! The network has been running smoothly since launch, with no forks, reorgs, or instamines. 🚀

⚡ Reminder: The first block reward cut is coming in approximately 6 days, reducing the reward from 10 to 9 BIT. By the end of October, it will drop again from 9 to 8 BIT, ensuring increasing scarcity over time.

⛏️ Early miners will accumulate the most coins, so don't miss out on this opportunity!

🚨 Important Announcement: LuckyBits Token Sale Update 🚨

The LuckyBits Token Sale has officially ended. While we reached nearly half of our goal, we didn’t meet the full target, so we’ve decided to refund all our buyers.

All buyers who sent payments to our address will receive their refund directly to the sender's address. Listing on XeggeX is still in our roadmap, but we’ll be taking some time before attempting again.

Thank you for your continued support!

🚨 Refunds Complete! Please check your wallet. 🚨

All payments have been refunded in full, with no deductions. The team has covered the gas fees, so no fees were taken from your refund. Additionally, anyone who donated BIT has had their tokens returned.

Thank you for your support!

NEW BOUNTY: https://x.com/luckybitsorg/status/1843007011476414905?s=46

🍀 LuckyBits Coin Sale Announcement  🍀

We're excited to announce the LuckyBits Coin Sale to raise funds for listing on XeggeX Exchange!

🍀 SALE DETAILS:
⭐️ Coin Allocation: 250,000 BIT
⭐️ Price Per Coin: $0.02
⭐️ Sale Start: 7th October 2024, NOW
⭐️ Sale End: 10th October 2024, 18:00 UTC
⭐️ Softcap Target: $5,000

🍀 BONUS OFFERS:
💰 Buy $500+: Get 5% bonus BIT
💰 Buy $1,000+: Get 10% bonus BIT

‼️ IMPORTANT NOTES:

    If the softcap target is not reached, we will conduct a vote with the option of listing in another exchange or issuing refunds based on the raised capital. Only sale participants will be allowed to vote, and the final decision will be based on the outcome.


    Do not use an exchange wallet address for the purchase.


💵  PARTICIPATE NOW: https://luckybits.org/sale/

Get ready to grab your BIT and support the journey to XeggeX! 🍀 🎉

🚀 Exciting News from LuckyBits! 🚀

🌟 Our first block drop happened today! 🌟

The Base Block Reward has decreased from 10 BIT to 9 BIT, marking a 10% reduction. From now on, all multipliers will be calculated based on this new reward value of 9 BIT.

🔮 Before the end of this month, the block reward will drop again to 8 BIT —stay tuned for more updates!

Join us and start mining at https://luckybits.org/ 🎉

#LuckyBits #CryptoMining #Blockchain #BIT #Update #BaseBlockReward

The LuckyBits Lottery is now LIVE! 🥳

Try your luck and get ready to win big at https://luckybits.org/lottery/. Buy your ticket now and join the draw! 💰✨

We're still under development, so your feedback is highly appreciated! 🙌 Let us know your thoughts to help us improve.

🚨 Refunds Complete for Round 2! Please check your wallet. 🚨

All payments have been refunded in full, with no deductions. The team has covered the gas fees, so no fees were taken from your refund.

Thank you for your support!

**Announcement: Ticker Change from BIT to LBIT**

Dear LuckyBits Community,

We are excited to announce an important update regarding our project. After careful consideration, we have decided to change our ticker from **BIT** to **LBIT**.

The primary reason for this change is that BIT is already in use by multiple projects, and many exchanges, such as XeggeX, have existing tickers with BIT. To avoid confusion and ensure a unique identity across platforms, we believe LBIT perfectly represents our project's core values and mission.

Thank you for your continued support as we move forward with this change. We are confident that $LBIT will provide us with a distinct and recognizable presence in the market.

Stay tuned for more updates!

Best regards,
The LuckyBits Team

I am genuinely interested in the concept of this coin but I honestly didn't think people mined new Altcoins anymore and am wondering why there doesn't seem to be a community speaking in this cryptocurrencies page? I would love nothing more than to find a new coin I could mine and collect but I'm skeptical nowadays especially with all the insane cyberattacks and cyber crime that can be done with minimal work needed.  Can someone explain to me how I would go about mining this coin and getting a wallet onto my PC.  Thanks

Mining is exactly same as Ethereum (PoW) mining because it's forked from Ethereum. And you can use metamask wallet for this coin (https://luckybits.org/metamask/) ; we have plans for mobile wallet in future.

🎉 LuckyBits Listed on XEGGEX – A New Chapter Begins! 🎉

We are thrilled to announce that after months of hard work and perseverance, LuckyBits (LBIT) is now officially listed on XEGGEX Exchange! This is a huge milestone for our community, and we couldn’t have done it without the support of everyone who stayed with us through the journey.

Now, the road ahead looks smoother and more exciting than ever! We invite all old miners to come back and start mining again, helping us to further grow and strengthen the LuckyBits network.

🌟 Private Sale Success 🌟
In our recent efforts to raise funds, we successfully conducted a private sale of 400,000 LBIT at $0.01 per coin. These funds were critical in securing our listing on XEGGEX, and we sincerely thank our private investors for their trust and support.

🚀 What's Next? 🚀
As we continue to evolve, here’s a glimpse of what’s coming up:
- Game Launch: We’re excited to be launching our game soon, adding more utility to the LBIT ecosystem.
- Partnership Proposal with Jasminer: We're working on securing a strategic partnership to expand our reach.
- Future Exchange Listings: Our goal is to get listed on more exchanges to boost liquidity and volume.
- CMC & CoinGecko Listing: With increased trade volume, we aim to list on CoinMarketCap (CMC) and CoinGecko (CG) in the near future.

Thank you once again for your unwavering support and belief in LuckyBits. This is just the beginning of a brighter future. Let’s spread the word and welcome new and old miners alike!

Start trading on XEGGEX now: https://xeggex.com/market/LBIT_USDT

Let’s keep the momentum going! 💪