Author Topic: doge.cryptotroll.com - Rewards!  (Read 2035 times)

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doge.cryptotroll.com - Rewards!
« on: January 21, 2014, 07:44:45 PM »
We have implemented a unique (as far as we know) program to reward the miners that help our pools become successful.   We first made it available to our WorldCoin Pool (http://wdc.cryptotroll.com) and now we will bring it to our new DogeCoin pool (http://doge.cryptotroll.com)!
We would like to reward you for both participation and results, therefore you will be rewarded in two ways:
 
 1.  Early bird reward:  First 50 subscribed users will be flagged for No Fees for Life reward.   Regardless of our future fee structure, you will never have to pay fees*1.    To make sure that this reward goes to mostly unique users, only accounts that have done some mining (you must make at least one coin) with us will be recognized.
 
2.  Founders reward:  Once our site hits 100 simultaneous users and have at least 200 MH/s hash rate, top 5 contributors up to that point will be GREATLY rewarded forever.  Each of those users will ALWAYS get paid a portion of each found block by our DogeCoin pool, even if they have not participated in mining that block.  If they have participated, it would just be additional payment to their share for that block.  All the bonuses will be paid from fees we receive.   This will not reduce the payouts to all other miners.
 
We will be looking at two categories when selecting top 5 users, found blocks and overall hash rate.
 
·         Top 4 users that found the most blocks will get their reward. 
·         The last spot will be given to the user with the highest hash rates that was not lucky enough to get on the top 4 list.    Users that already made it to top 4 will not be considered for these last spot. 
 
Now to the actual reward details!   Last part of all the fees we collect will be paid to our winners forever! 
 
·         30% of all fees collected will be distributed as part of Founders reward.
·         Each of the rewarded accounts will receive 5% of fees collected permanently.
·         In addition! The account that found the most blocks by the time we reach 100 simultaneous users will get paid additional 5%, totaling 10% of all pools income for life!
 
Other small tokens:
 
·         Each user with a Founder reward will have an icon next to their name on all visible lists of the site.    This will be (yet to be created) an image of the reward and coin type with your reward number (1 of 5)
·         We will also link this account to all accounts you have with our other pools (per your approval), where this icon will be displayed next to your name as well.
·         It would be possible to have multiple icons next to your name, once we launch this program to our other pools.   Many new pools are coming!
 
Wait! But there is more!  Stay tuned..
 
CryptoTroll
 
*1  This only applies to fees paid to Cryptotroll.com.  Transaction fees paid to network during withdrawals would still apply.
 
Edit: ​Some additional rules to prevent cheating:
1.  Miners mining under 100 Kh/s on average will not count toward total of 100 simultaneous miners.  (these miners will still have full right at the reward and all other perks).  For example if we have have 102 simultaneous miners mining at the same time, but 3 of them are mining below 100 Kh/s rate, we would need one more miner to join in to reach 100 and end the competition.   Each of those 3 miners can still win the reward, if they found sufficient amount of blocks to reach top 5.
2.  Only one account per IP will count towards 100 simultaneous users.  Note, you can have as many workers as you like, they will all count towards your account.   All accounts on the same IP will be eligible for Founders reward, there is no limitation other than general calculation of 100 simultaneous miners.    The chances of winning for each account will be identical if they run from the same IP versus different IPs.

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Re: doge.cryptotroll.com - Rewards!
« Reply #1 on: January 25, 2014, 07:24:10 PM »
See the list of our new pools here:  https://cryptocointalk.com/topic/3600-cryptotrollcom-latest-updates-and-information/

We will be running a similar competition on all of them, so feel free to start getting your block finds early, they will all count in the end.   Just keep in mind that some of the pools were just opened and do not have many other miners.

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Re: doge.cryptotroll.com - Rewards!
« Reply #2 on: February 04, 2014, 06:24:41 AM »
Thank you and good luck to everyone that joined.   We are now finding blocks and the rate will continue increasing as more people join.

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Re: doge.cryptotroll.com - Rewards!
« Reply #3 on: February 09, 2014, 03:50:55 PM »
Come on guys, need more users.  Lets push this over the hump!

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Re: doge.cryptotroll.com - Rewards!
« Reply #4 on: February 12, 2014, 06:36:40 AM »
Blocks are consistently being found now with only 50 Mh/s.   Latest block of 847,491.05 doges found in under 2 hours. If you happened to mine for whole 1 hour and 50 minutes during that time with only 500 kh/s card, you made ~8.5k doges.

Still every block found is by a different user.  Anyone can still win the reward.

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Re: doge.cryptotroll.com - Rewards!
« Reply #5 on: February 23, 2014, 07:47:40 AM »
We are now on latest chain and finding blocks at significantly higher than average rate (for our hash rate) since the update.

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Re: doge.cryptotroll.com - Rewards!
« Reply #6 on: March 24, 2014, 05:18:50 AM »
Now on wallet 1.6

 

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