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Author Topic: [ANN][JPC]MAKE JACKPOTCOIN GREAT AGAIN!  (Read 470201 times)
kebabman
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May 24, 2014, 01:58:21 AM
 #2561

anyone know the answer to my question?

how many coins I can mined with r9 270x?
1.2 mhash/sec maybe 20k jpc per day and less as difficulty goes up

I am getting slightly more, 1.35MH/s per R9 270 (non-X).
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Givatoshi_Moremoto
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May 24, 2014, 02:17:48 AM
 #2562

This original post was posted on Ddengle.com, Popular Korean Bitcoin Forum, by user named Atomrigs.
The post points out many superior advantages of Jackpot coin. I thought it was very informative and educational, so I’ve decided to translate it and post it here on Bitcointalk.

https://www.ddengle.com/board_trading/688995

1)   Compared to Bitcoin, Litecoin, or Darkcoin, Jackpot transaction confirmation time is extremely fast. If Bitcoin is 1G phone, Jackpot is 4G LTE speed. It is fast enough to be used in everyday life transaction without any inconvenience.

2)   Jackpot hash Algorithm is superior compared to X11, GPU runs cooler and more effectively saving miners electricity cost

3)   Not only it’s effective mining with AMD, it maximizes the effectiveness of Nvidia cards which has been ignored by many coins until now. This opens up huge potential for new miners (Gamers) to come in without having to change their cards to AMD.

4)   It also maximizes the effectiveness of CPU mining. Ratio of CPU vs GPU mining is much more favorable to CPU miners when you compare it to other coins.

5)   It is very resistant to future ASIC miner. In reality, Jackpot coin’s POW mining will be most likely be over (roughly about 1 year from now) by the time anyone develops ASIC miner for Jackpot coin.

6)   For the first time, Jackpot has separate Proof of Work (POW) and Proof of Stake (POS) chains. Jackpot has maximized their effectiveness by separating them, yet complimenting each other.

7)   POS yields about 0.1% of interest every 24 hours. This rewards early miners holding the coins against inflation. Also it promotes holding their coins instead of dumping them immediately.

8 )   Miners have chance to win potentially huge Jackpot amount and become rich!! The Jackpot is also completely randomized so that big pools or farmers cannot take advantage of flawed coding and cherry pick the Jackpot block. This gives smaller miners better chance of winning the Jackpot.

9)   The developers are actively involved with future developments of the coins and maintaining active community involvement.

10)   The community is also actively involved in Jackpot coin’s development. Other developers not related to Jackpot coin are developing CPU miners and other improvements for more effective mining of Jackpot coin.

11)   Miners are more prone to holding their coins rather than dumping it immediately for Bitcoin. Combined effect of interest staking and high confidence in coins future value will actually make the coin more valuable. Value is what everyone perceive it to be, and Jackpot coins perceived value by the supporting community is much higher than its current price.

12)   JPCdice.com is fairly new site, it is less than 2 weeks old, and it is quickly becoming popular gambling site. Many miners are spending their mined coins.

13)   There are many bounties and giveaways by the developers, which helps to further activate the community’s interest.

14)   Currently Jackpot coin is not heavily marketed and current rise in interest is purely driven by community support. This in turn translates in huge potential growth in future when Jackpot coin becomes more well known.

Hope this summary helps new comers and Thank you Atomrigs for your insightful thoughts on Jackpot coin.
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May 24, 2014, 02:42:12 AM
 #2563

regarding 8/ (in brief wrong wrong wrong) at Jackpot attribution a solo miner doesn't have any chance at all to hit it (yes yes it is random but already picking any block is difficult, picking the one with the jackpot is close to impossible) and reality so far has proven that this comment was wrong it is always a pool which get it, and worst it is always the largest pool which gets the jackpot....

There was a week ago a discussion regarding a jackpot attribution through minting, did it go anywhere ? This would be truly random with no bias at all (and I wonder we want to reserve the jackpot to those who already get all the coins... )

The real force of jacpot coin (and I release that only recently) is the fast decrease of the POW reward and this might bring the price to the roof.

djm34 facebook page
BTC: 1NENYmxwZGHsKFmyjTc5WferTn5VTFb7Ze
Pledge for neoscrypt ccminer to that address: 16UoC4DmTz2pvhFvcfTQrzkPTrXkWijzXw
maryvale
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May 24, 2014, 02:43:21 AM
 #2564

This original post was posted on Ddengle.com, Popular Korean Bitcoin Forum, by user named Atomrigs.
The post points out many superior advantages of Jackpot coin. I thought it was very informative and educational, so I’ve decided to translate it and post it here on Bitcointalk.

https://www.ddengle.com/board_trading/688995

1)   Compared to Bitcoin, Litecoin, or Darkcoin, Jackpot transaction confirmation time is extremely fast. If Bitcoin is 1G phone, Jackpot is 4G LTE speed. It is fast enough to be used in everyday life transaction without any inconvenience.

2)   Jackpot hash Algorithm is superior compared to X11, GPU runs cooler and more effectively saving miners electricity cost

3)   Not only it’s effective mining with AMD, it maximizes the effectiveness of Nvidia cards which has been ignored by many coins until now. This opens up huge potential for new miners (Gamers) to come in without having to change their cards to AMD.

4)   It also maximizes the effectiveness of CPU mining. Ratio of CPU vs GPU mining is much more favorable to CPU miners when you compare it to other coins.

5)   It is very resistant to future ASIC miner. In reality, Jackpot coin’s POW mining will be most likely be over (roughly about 1 year from now) by the time anyone develops ASIC miner for Jackpot coin.

6)   For the first time, Jackpot has separate Proof of Work (POW) and Proof of Stake (POS) chains. Jackpot has maximized their effectiveness by separating them, yet complimenting each other.

7)   POS yields about 0.1% of interest every 24 hours. This rewards early miners holding the coins against inflation. Also it promotes holding their coins instead of dumping them immediately.

8 )   Miners have chance to win potentially huge Jackpot amount and become rich!! The Jackpot is also completely randomized so that big pools or farmers cannot take advantage of flawed coding and cherry pick the Jackpot block. This gives smaller miners better chance of winning the Jackpot.

9)   The developers are actively involved with future developments of the coins and maintaining active community involvement.

10)   The community is also actively involved in Jackpot coin’s development. Other developers not related to Jackpot coin are developing CPU miners and other improvements for more effective mining of Jackpot coin.

11)   Miners are more prone to holding their coins rather than dumping it immediately for Bitcoin. Combined effect of interest staking and high confidence in coins future value will actually make the coin more valuable. Value is what everyone perceive it to be, and Jackpot coins perceived value by the supporting community is much higher than its current price.

12)   JPCdice.com is fairly new site, it is less than 2 weeks old, and it is quickly becoming popular gambling site. Many miners are spending their mined coins.

13)   There are many bounties and giveaways by the developers, which helps to further activate the community’s interest.

14)   Currently Jackpot coin is not heavily marketed and current rise in interest is purely driven by community support. This in turn translates in huge potential growth in future when Jackpot coin becomes more well known.

Hope this summary helps new comers and Thank you Atomrigs for your insightful thoughts on Jackpot coin.


Well said. I like particularly the jackpot feature. It grows parabolically with the distance to previous jackpot. This looks like the real jackpot in casino, very interesting and exciting.
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May 24, 2014, 02:46:33 AM
 #2565

Jackpotcoin Mining Pool Hub

Just distributed 123898 block's 12482667 coins to block finder.

Currently we send 100% to block finder.

Please vote here for jackpot distribution.
Vote number is too low, we can't set this as rule now. Please vote.

https://bitcointalk.org/index.php?topic=613319



We are having some issue about payout.

Sorry for inconvenience. It's PoS related issue, we already contacted dev team.
it needs time to solve. (about 6 hours I think)




We recommend other pools, we are having too much hashes right now.
Hash distribution is important for coin environment.

Hi. Has there been any update here? Thanks.
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May 24, 2014, 02:53:29 AM
 #2566

regarding 8/ (in brief wrong wrong wrong) at Jackpot attribution a solo miner doesn't have any chance at all to hit it (yes yes it is random but already picking any block is difficult, picking the one with the jackpot is close to impossible) and reality so far has proven that this comment was wrong it is always a pool which get it, and worst it is always the largest pool which gets the jackpot....

There was a week ago a discussion regarding a jackpot attribution through minting, did it go anywhere ? This would be truly random with no bias at all (and I wonder we want to reserve the jackpot to those who already get all the coins... )

The real force of jacpot coin (and I release that only recently) is the fast decrease of the POW reward and this might bring the price to the roof.

I completely agree with you. I am the one who wrote the original post above. While Givatoshi_Moremoto translated it in English much better than I could, but he added some his own interpretation.  Also I added 4 more reasons, and one of them is about the rapid PoW block rewards decrease as you described. Anyway we will see another major price jump soon Smiley
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May 24, 2014, 02:58:55 AM
 #2567

regarding 8/ (in brief wrong wrong wrong) at Jackpot attribution a solo miner doesn't have any chance at all to hit it (yes yes it is random but already picking any block is difficult, picking the one with the jackpot is close to impossible) and reality so far has proven that this comment was wrong it is always a pool which get it, and worst it is always the largest pool which gets the jackpot....

There was a week ago a discussion regarding a jackpot attribution through minting, did it go anywhere ? This would be truly random with no bias at all (and I wonder we want to reserve the jackpot to those who already get all the coins... )

The real force of jacpot coin (and I release that only recently) is the fast decrease of the POW reward and this might bring the price to the roof.

I completely agree with you. I am the one who wrote the original post above. While Givatoshi_Moremoto translated it in English much better than I could, but he added some his own interpretation.  Also I added 4 more reasons, and one of them is about the rapid PoW block rewards decrease as you described. Anyway we will see another major price jump soon Smiley

Still have a chance ^^
Because of some pool support whole jackpot to the finder.
So, you can mine in a pool Wink
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May 24, 2014, 03:16:47 AM
 #2568

jpcdice.com just passed the 300,000,000 jpc investment mark  Shocked

Actually about 40% of all betting rolls are mine, and my investment is now over 50 mil coins there  Grin


Bet Count

1039598
Profit (betting)

305857.74839336 JPC
Profit (investments)

1197752.54577057 JPC

Percent of house

17.715576 %
Riddikulo
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May 24, 2014, 03:18:17 AM
 #2569

To the moon!
strasboug
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May 24, 2014, 03:19:53 AM
 #2570

regarding 8/ (in brief wrong wrong wrong) at Jackpot attribution a solo miner doesn't have any chance at all to hit it (yes yes it is random but already picking any block is difficult, picking the one with the jackpot is close to impossible) and reality so far has proven that this comment was wrong it is always a pool which get it, and worst it is always the largest pool which gets the jackpot....

There was a week ago a discussion regarding a jackpot attribution through minting, did it go anywhere ? This would be truly random with no bias at all (and I wonder we want to reserve the jackpot to those who already get all the coins... )

The real force of jacpot coin (and I release that only recently) is the fast decrease of the POW reward and this might bring the price to the roof.

Do you understand what is the lottory? If a person purchases 1 lottory ticket, what will be the chance he win? What will be the chance of a millionaire buying thousands tickets? Do you know why many people form group to buy lottory tickets? Same reason why a pool wins jackpot. Simple probabilities.
timerland
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May 24, 2014, 04:03:08 AM
 #2571

wow JPC at 20 satoshi

Smiley
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May 24, 2014, 04:25:18 AM
 #2572



JPC is listed at Coin-Swap.net

Markets
JPC/BTC
JPC/DOGE


Attention Miners: AUTO-SELL
Miners! We have an auto-sell feature so you can set your mining pool address to your order address at Coin-Swap. This will continue to add what you mine to a single order instead of having an order open for each deposit. You can change the price of your order without having to cancel and create a new order. Simply change the price!

Attention Pool operators: Easier order management
Want to offer your payouts in BTC? Want less headache managing your orders? Contact us for more information and special rates.

How to get started at Coin-Swap
Please read our Quick Start guide to help you get started!

Contact Us
If you have any problems or questions about setting up an order please feel free to contact us! coinswapnet at gmail.com or #coin-swap on Freenode.

Ian
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May 24, 2014, 04:31:07 AM
 #2573

may-be you could try a repairwallet (however if the transaction is registered, I don't think it will have any effect)

What do you know about the 'orphaned' blocks? They are just 'close but no payment is coming' right?

I had a few of them a week or two ago, and I just want to make sure they are really not available after reading this thread...

Here is what I see inthe debug window for one of them.

Code:
08:36:00

Welcome to the JackpotCoin RPC console.
Use up and down arrows to navigate history, and Ctrl-L to clear screen.
Type help for an overview of available commands.


21:27:35

gettransaction 73bcfad421ac762bbbb0131a4adceede8bb5ea107442131c42b58290cb238cfa


21:27:35

{
"txid" : "73bcfad421ac762bbbb0131a4adceede8bb5ea107442131c42b58290cb238cfa",
"version" : 1,
"time" : 1400274162,
"locktime" : 0,
"vin" : [
{
"coinbase" : "03595e01013e062f503253482f",
"sequence" : 4294967295
}
],
"vout" : [
{
"value" : 81000.00000000,
"n" : 0,
"scriptPubKey" : {
"asm" : "02cf3bee2bc20b5b019ef56c57f7e9e47f4598b69b13965a679e8c6f64e26d4a90 OP_CHECKSIG",
"hex" : "2102cf3bee2bc20b5b019ef56c57f7e9e47f4598b69b13965a679e8c6f64e26d4a90ac",
"reqSigs" : 1,
"type" : "pubkey",
"addresses" : [
"JgqER9fgNbnNUofjoyzw4HdnSk9chaoiiC"
]
}
}
],
"amount" : 0.00000000,
"confirmations" : 0,
"generated" : true,
"txid" : "73bcfad421ac762bbbb0131a4adceede8bb5ea107442131c42b58290cb238cfa",
"time" : 1400274164,
"timereceived" : 1400274165,
"comment" : "",
"message" : "",
"details" : [
{
"account" : "",
"category" : "orphan",
"amount" : 81000.00000000
}
]
}


21:28:13

resendtx 73bcfad421ac762bbbb0131a4adceede8bb5ea107442131c42b58290cb238cfa


21:28:13



ANy insight would be great if anyone knows how to read this.

I have 4 blocks that were orphaned for 81k, and one at 100k. 

valley365
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May 24, 2014, 05:13:23 AM
 #2574

wow JPC at 20 satoshi

continue the up trend!
timerland
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May 24, 2014, 05:20:35 AM
 #2575

wow JPC at 20 satoshi

continue the up trend!

to the moon!

Smiley
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May 24, 2014, 06:33:52 AM
 #2576

this coin right now is fucking profitable, something like 0.03 per day with a single 6x 750ti rig
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May 24, 2014, 07:09:53 AM
Last edit: May 24, 2014, 07:44:11 PM by kebabman
 #2577

Hey guys, just set up a pool, looking for people to try it out.  Smiley

http://jpc.hashatme.com/

- PROP reward system.
- Stratum with VarDiff
- No fees
- Jackpot reward will be split 50/50 between block finder and other miners in the winning round

stratum+tcp://jpc.hashatme.com:3333

Spread the hash around a little and send some hashatme.  Cheesy
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May 24, 2014, 07:33:26 AM
 #2578

Hey guys, just set up a pool, looking for people to try it out.  Smiley

http://jpc.hashatme.com/

- PROP reward system.
- Stratum with VarDiff
- No fees
- Jackpot reward will be split 50/50 between block finder and other miners in the winning round

stratup+tcp://jpc.hashatme.com:3333

Spread the hash around a little and send some hashtome.  Cheesy

how can i run ccminer with your pool?
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May 24, 2014, 07:35:53 AM
 #2579

Jackpotcoin Mining Pool Hub

http://jackpotcoin.miningpoolhub.com


1. There was an payout issue some hours ago. It's all solved now.
Sorry for late reply. I was busy with whole jackpotcoin pool optimization.


2. Pool optimized

- No more port connection error occurs. You will be connected safely from now on.
- No more fake hash is accepted.

I wrote "fake hash", but actually it's not from bad miners. It's just a bit a bug that each miner using
different difficulty base. We accepted who reported 24 difficulty share but actual difficulty was 20.
This variance happens time to time.

Please tell me if you see 'low difficulty share' error and banned for several minutes.
And Tell the miner programmer and request fix to make it as same as sgminer's difficulty base.


3. Fee

We are considering to raise fee to 1%. Well, I opened the 0% fee pool for 1 month.
Time passed 3 weeks, and we see huge hash coming to us.

It would be better for us and coin environment.
I'm afraid about miners telling me "You're a liar. You promised 1 month."
Tell me your thinkings.



4. Please vote for jackpot distribution poll.
https://bitcointalk.org/index.php?topic=613319

This poll result will be merged with poll created in other community forum and set as our pool rule.
https://www.ddengle.com/pool_mining_pool_hub/681849



Thanks all.
Any requests, suggestions, questions are welcomed.
PM me if you want quick reply.

Mining Pool Hub - https://miningpoolhub.com
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May 24, 2014, 07:36:42 AM
Last edit: May 24, 2014, 07:43:36 PM by kebabman
 #2580

Thank you for you help miningpoolhub, you rock, and you have a great pool!  Smiley

Hey guys, just set up a pool, looking for people to try it out.  Smiley

http://jpc.hashatme.com/

- PROP reward system.
- Stratum with VarDiff
- No fees
- Jackpot reward will be split 50/50 between block finder and other miners in the winning round

stratum+tcp://jpc.hashatme.com:3333

Spread the hash around a little and send some hashatme.  Cheesy

how can i run ccminer with your pool?

Easy. Smiley

ccminer.exe -a jackpot -o stratum+tcp://jpc.hashtome.com:3333 -u username.1 -p password

You might have to change the ccminer exe name depending on your NVIDIA card version, there's ccminer30.exe, ccminer35.exe and ccminer50.exe.

30 = 6XX series
50 = 7XX series

I use ccminer 0.9 as it doesn't require any .NET libraries so it's easier to use.

https://github.com/cbuchner1/ccminer/releases/download/v0.9/ccminer-v0.9.zip
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