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Author Topic: ASIC Raffle III: Win a BFL Single SC & MORE! (NMC/LTC/SLC Welcome)  (Read 23173 times)
Luceo
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June 25, 2012, 04:18:42 AM
 #21

I'm keeping my expectations realistic with BFL. I'll be happy to see my Jalapenos in time for the reward halving.

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June 25, 2012, 11:35:00 AM
 #22

In order to ensure that the operator has no ability to manipulate the event, the winning ticket will determined by the first block generated the day after the final ticket is allocated. A reply will be posted in this thread by Luceo when the ticket is allocated, and the time on that post will be accepted as the time of the last sale. The last two numbers of the block hash will be converted to decimal and divided by two, then rounded down. The winning ticket will be the one whos number corresponds to the answer (00-01 = ticket 00, 02-03 = ticket 01 etc.

Sorry if this has been asked before? So which block exactly will be chosen? The first block after 00:00 o'clock of the day after the last ticket sale in what timezone?

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Luceo
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June 25, 2012, 12:05:01 PM
 #23

In order to ensure that the operator has no ability to manipulate the event, the winning ticket will determined by the first block generated the day after the final ticket is allocated. A reply will be posted in this thread by Luceo when the ticket is allocated, and the time on that post will be accepted as the time of the last sale. The last two numbers of the block hash will be converted to decimal and divided by two, then rounded down. The winning ticket will be the one whos number corresponds to the answer (00-01 = ticket 00, 02-03 = ticket 01 etc.

Sorry if this has been asked before? So which block exactly will be chosen? The first block after 00:00 o'clock of the day after the last ticket sale in what timezone?


It will be UTC.

Luceo
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June 25, 2012, 12:38:40 PM
 #24

The final ticket has now been sold (assuming payment is received within the next hour).

The first block of Tuesday 26th June (Time Zone: UTC) will determine the winner in around 11 hours.

Thanks for playing and stay tuned, maybe another lottery soon.

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June 25, 2012, 12:45:40 PM
 #25

That didn't take long.  Good job!
Luceo
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June 25, 2012, 12:50:14 PM
 #26

Just 4 tickets still awaiting payment. Cheesy

Edit: Received. It's confirmed, the block after 00.00 UTC on 26th June will determine the winner, who I will announce here and contact for details to make the order with BFL.

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June 25, 2012, 01:03:14 PM
 #27

If anyone has any suggestions for a second lottery and how to improve it, let me know.

I'm considering increasing the total intake slightly for the next one. I realised Bitcoin price shifting 10% would actually put me into an operating loss with this lottery, and it's moving more quickly than I find comfortable recently (I think it's down about 6% on 36 hours ago).

Could potentially recompensate this by doing a 2nd place draw on the second block, for the difference between the intake and the cost of the Jalapeno, less about 2.5 BTC operating fee. This way if Bitcoin remains stable or increases in value, I don't feel like I'm gouging profit or asking punters to take all the risks.

What do you guys think?

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June 25, 2012, 01:05:27 PM
 #28

If anyone has any suggestions for a second lottery and how to improve it, let me know.

I'm considering increasing the total intake slightly for the next one. I realised Bitcoin price shifting 10% would actually put me into an operating loss with this lottery, and it's moving more quickly than I find comfortable recently (I think it's down about 6% on 36 hours ago).

Could potentially recompensate this by doing a 2nd place draw on the second block, for the difference between the intake and the cost of the Jalapeno, less about 2.5 BTC operating fee. This way if Bitcoin remains stable or increases in value, I don't feel like I'm gouging profit or asking punters to take all the risks.

What do you guys think?

Can you do a lottery for a SC single or mini rig ?

Thanks !
Luceo
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June 25, 2012, 01:11:42 PM
 #29

Once a few Jalapeno lotteries run successfully, I'd consider doing one for an SC Single.

I wouldn't feel comfortable doing one for a minirig as I can't cover the prize if I were to somehow lose the BTC. It's also a big jump from asking the community to trust me with 30 BTC to 250 or 5000.

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June 25, 2012, 01:45:55 PM
 #30

If a person wins,can they get a PM saying they've won.How will the person know they've won after the blockchain has chosen the winner? As the blockchain doesn't say it in plain english (it's just a bunch of numbers).

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Luceo
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June 25, 2012, 01:53:05 PM
 #31

If a person wins,can they get a PM saying they've won.How will the person know they've won after the blockchain has chosen the winner? As the blockchain doesn't say it in plain english (it's just a bunch of numbers).

The winner will get a PM (or IRC query if it's one of the IRC buyers) to say they've won.

I'm very much hoping the winner will post back here with their order number. ^^

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June 25, 2012, 05:26:56 PM
 #32

Woot!  Hope I win!  Cheesy  (I already have a deal set up if Anduck wins, or if I win.  Cheesy).

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June 25, 2012, 08:32:29 PM
 #33

Pretty cool.. Glad it sold out quickly... Can't wait to see who wins.... Goodluck to all Smiley
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June 26, 2012, 12:17:09 AM
 #34

41. tarrant_01  Congratulations!

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June 26, 2012, 12:22:11 AM
 #35

The way I see it. Anyone else confirm?

Last 2 digits of block hash: 0000000000000967ec9d11abade90e6bb918bf0bde683c2187e13017b616d829
29 Converted to decimal =  41    http://www.binaryhexconverter.com/hex-to-decimal-converter
Divide by 2  = 20.5 and round down if necessary. = 20

And the Winner is:. 20. graet


www.btcLottery.com

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Luceo
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June 26, 2012, 12:28:21 AM
 #36

The winner is graet.

danieldaniel forgot to divide by 2 and so far has told two people who didn't win that they won (tarrant and aethero) Tongue

Graet has been contacted for details and will be on the list for a shiny new ASIC imminently.

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June 26, 2012, 12:47:54 AM
 #37

The winner is graet.

danieldaniel forgot to divide by 2 and so far has told two people who didn't win that they won (tarrant and aethero) Tongue

Graet has been contacted for details and will be on the list for a shiny new ASIC imminently.
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June 26, 2012, 02:36:51 AM
 #38

The winner is graet.

danieldaniel forgot to divide by 2 and so far has told two people who didn't win that they won (tarrant and aethero) Tongue

Graet has been contacted for details and will be on the list for a shiny new ASIC imminently.

WOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOHOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOO Cheesy

Pm answered

Cheers Luceo

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June 26, 2012, 04:43:28 AM
 #39

First thanks to Luceo,
Along with others I was nervous to put BTC with an unknown person but I figured what the hay its a few 0,25BTCs and a chance to be in the cue cheap Smiley

I have found Luceo good to deal with, promptly answering any queries I had in a professional manner. Grin

Just got my confirmation email

Dear Graeme,

Thank you for placing your BitForce Jalapeno order.

This is confirmation that your order was successfully placed in our system.

If you've chosen an instant payment method and have completed that transaction, then your order is confirmed.  If you've chosen a payment method that requires additional information such as a bank wire transfer instructions, please stand by for an email from customer service within the next business day.

Kind regards,

Customer service team

BF Labs Inc.

and my receipt from bit-pay

Now I guess I wait hehe  Grin

Cheers
Graet

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June 26, 2012, 08:25:46 AM
 #40

Got some more tickets in. Cheesy

I doubt I'll actually win, but it's fun.

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