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Author Topic: [ANN] LuckyCoin LKY | Lucky Blocks | Fast | Fun | Fair  (Read 107500 times)
Kryptox
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May 25, 2013, 02:28:06 AM
 #621

There is no advantage in mining this coin at diff 4x, better to mine other coins with lesser difficulties like GLD

If the most important thing is the number of coins to you rather than the value of the coins, you can always mine the testnet.
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imginy
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May 25, 2013, 02:28:27 AM
 #622

There is no advantage in mining this coin at diff 4x, better to mine other coins with lesser difficulties like GLD

what is the diff right now?

How many coins will I get an hour with 1300khs??
imginy
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May 25, 2013, 02:30:33 AM
 #623

Hey guys I only just started mining this coin.

How long ago was release I hope I didn't miss to much.


Ps is there a better pool than this crapper lky.allpoolz.com

What's wrong with my pool?

Well I started mining and within a few minutes both my rigs had stopped completely then started up again 30 seconds later running at low hashrate.

Then a few minutes after that I stopped changed pools, I can test again if it would help you.


Stratum was a little buggy, but now it seems  good.
Ok cool I will switch back to your pool when this one starts giving me trouble.
kevcoin
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May 25, 2013, 02:30:39 AM
 #624

There is no advantage in mining this coin at diff 4x, better to mine other coins with lesser difficulties like GLD

what is the diff right now?

How many coins will I get an hour with 1300khs??

0

Kryptox
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May 25, 2013, 02:31:45 AM
 #625

How is difficulty up to 4 on this already??  It was released like one minute ago.  Why on earth is anyone still mining ?

Difficulty is at 4 because of the large number of early adopters.  You're probably used to the other recent coins that had millions of coins instamined in the first few minutes that were shortly dumped thereafter.  The lower supply and no single person holding a majority share of the coins should actually help this coin keep some value and credibility.

Except it was an ultra-instamine. A few people got an absurd amount of coins in the first 20 minutes or so before difficulty went up to sane levels. One guy here racked up 16k coins in the beginning.

We've seen better ways to tackle this with ascending block rewards - see DigitalCoin and Nibble. It seems obvious to me the OP decided to use a flawed approach so he could get lots of coins for himself. If you want to support that go ahead...

16k coins is "ultra-instamine" now?  Would be nice.
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May 25, 2013, 02:33:46 AM
 #626

There is no advantage in mining this coin at diff 4x, better to mine other coins with lesser difficulties like GLD

what is the diff right now?

How many coins will I get an hour with 1300khs??

0

Dam 0 coins really doesn't sound that appealing  Sad

Is there any other coins coming out worth mining?
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May 25, 2013, 02:35:27 AM
 #627

How is difficulty up to 4 on this already??  It was released like one minute ago.  Why on earth is anyone still mining ?

Difficulty is at 4 because of the large number of early adopters.  You're probably used to the other recent coins that had millions of coins instamined in the first few minutes that were shortly dumped thereafter.  The lower supply and no single person holding a majority share of the coins should actually help this coin keep some value and credibility.

Except it was an ultra-instamine. A few people got an absurd amount of coins in the first 20 minutes or so before difficulty went up to sane levels. One guy here racked up 16k coins in the beginning.

We've seen better ways to tackle this with ascending block rewards - see DigitalCoin and Nibble. It seems obvious to me the OP decided to use a flawed approach so he could get lots of coins for himself. If you want to support that go ahead...

16k coins is "ultra-instamine" now?  Would be nice.

Instamine son!!! a whole 16,000 compared to 7,000,000 GLD Instamine all over this place lol
BitJohn
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May 25, 2013, 02:41:33 AM
 #628

ok our pool just hit its first 188 block. Now I am addicted lol.

http://luckycoinpool.com/
nesic1
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May 25, 2013, 02:41:52 AM
 #629

another p2pool
http://178.79.27.197:19335/static/

[I want to buy]
q2c qubitcoin, pxc Phoenixcoin, LiteBar (LTB), bbq bqc, kdc klondikecoin
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May 25, 2013, 02:42:54 AM
 #630


16k coins is "ultra-instamine" now?  Would be nice.

You don't seem to get it. Only a few people got in on the early instamine = ultra-instamine. Majority of the coins right now are only in a few hands. The 16k was just an example, others got way more I'm sure.

Other coins like WDC were an instamine too but the difficulty didn't go up as fast so more got in on it.

Like I said, DigitalCoin and Nibble used a good approach to combat this and LuckyCoin could have done the same.
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May 25, 2013, 02:44:48 AM
 #631

ok our pool just hit its first 188 block. Now I am addicted lol.

http://luckycoinpool.com/

OMG BitJohn but it was supposed to be brokens? And you were supposed to back end the system and get those every second of the day. Sarcastic
pizza
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May 25, 2013, 02:47:42 AM
 #632


16k coins is "ultra-instamine" now?  Would be nice.

You don't seem to get it. Only a few people got in on the early instamine = ultra-instamine. Majority of the coins right now are only in a few hands. The 16k was just an example, others got way more I'm sure.

Other coins like WDC were an instamine too but the difficulty didn't go up as fast so more got in on it.

Like I said, DigitalCoin and Nibble used a good approach to combat this and LuckyCoin could have done the same.

that 16k will be worth nothing when difficulty adjusts back to normal levels and every 4 hour re-targets and everybody starts earning a decent amount of coins. I'd rather have a bot get 16k coins than millions and by the time I can start mining the diff is too high to get anything.

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May 25, 2013, 02:48:50 AM
 #633

nope seems pretty stable and functional actually. http://luckycoinpool.com has been up since release and we have grabbed 17 blocks and so far only one lucky block and its the 5%er our hashrate is growing fast so now Ill be pinned to the monitor waiting to see what else we dig up lol.
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May 25, 2013, 02:48:54 AM
 #634

ok our pool just hit its first 188 block. Now I am addicted lol.

http://luckycoinpool.com/

Aye, lets hit another one please. Wink

Cryptsy.com - USD markets coming soon. Go validate your account now!
MikeyVeez
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May 25, 2013, 02:49:57 AM
 #635

I started mining this on a P2Pool I like my odds much better with only about 1K blocks mined than 40,000 like other coins. I mined other coins too and by the time I stopped orphaning there were millions of coins made, so far this has been the best for me.
pizza
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May 25, 2013, 02:52:36 AM
 #636

Warned you guys before don't support BigVern he is a greedy asshole who will let his hash get to 60% of a coin like he did with WDC and not do anything about it. If you like supporting assholes who destroy coins go ahead and support his shitty pools.
BitJohn
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May 25, 2013, 02:55:59 AM
 #637

Warned you guys before don't support BigVern he is a greedy asshole who will let his hash get to 60% of a coin like he did with WDC and not do anything about it. If you like supporting assholes who destroy coins go ahead and support his shitty pools.

I support vern because he takes care of his people great pools and hes straight up. Everything his community askes for he gives us. WDC pool grew so big because it was a great pool like all his other pools. There is so much garbage out there his wasnt giving crap tons of orphans so people mined it. He also ONLY takes donations on his pools no fees ever. I think cryptsy also has pretty low fees for an exchange.

Don't have a problem with you either but no need to bash vern.
imginy
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May 25, 2013, 02:58:28 AM
 #638

ok our pool just hit its first 188 block. Now I am addicted lol.

http://luckycoinpool.com/

Im in this pool with 1300khs how much will I get from that block?
pizza
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May 25, 2013, 03:01:24 AM
 #639

Warned you guys before don't support BigVern he is a greedy asshole who will let his hash get to 60% of a coin like he did with WDC and not do anything about it. If you like supporting assholes who destroy coins go ahead and support his shitty pools.

I support vern because he takes care of his people great pools and hes straight up. Everything his community askes for he gives us. WDC pool grew so big because it was a great pool like all his other pools. There is so much garbage out there his wasnt giving crap tons of orphans so people mined it. He also ONLY takes donations on his pools no fees ever. I think cryptsy also has pretty low fees for an exchange.

Don't have a problem with you either but no need to bash vern.

His pools have always had low hash rate. The problem is he did nothing to help WDC, in fact he could of destroyed it a few times with over 60% hashrate of the total network. The fact that he ignored this and did nothing about it shows his lack of concern for the "people" who he helps so much.

End of the day it's your choice I just wouldn't support an asshole like that.
BitJohn
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May 25, 2013, 03:02:28 AM
 #640

ok our pool just hit its first 188 block. Now I am addicted lol.

http://luckycoinpool.com/

Im in this pool with 1300khs how much will I get from that block?

depends on your shares for that round but would be 2.136 more than you normally get
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