Mine BTC, ETH, and DOGE on EOS — How to win at GrandpaCoins
EOSIO has made blockchain fast, blazing fast, and while the early generations of cryptocurrencies stay in the game they may be showing their age.
EOSToolkit has recently added a game to it’s repertoire which can be played at https://eostoolkit.io/grandpacoins
GrandpaCoins aims to make these old-timers fast again by illustrating how quick they can grow and how fast they can be transferred through the power of EOSIO.
The Basics — Mining
Anyone can mine either of these three currencies for free every 12 hours. First time miners get 100 coins, while repeat mining returns 5 coins.
Your referrer gets a 5% bonus on top for every coin mined, and the Chief Miner gets 10%. This means you get 5 coins, the Chief gets 0.5, and the referrer gets 0.25.
Keep in mind that the first time you mine these coins you will use RAM that cannot be recovered. These coins are standard eosio.tokens with some extra statistical tracking that makes them slightly more expensive.
If you don’t yet have a referrer for a specific coin you can add one later by using a referral link. You can have a different referrer for each coin you mine. The referrer locks in when you use the mining action.
The Basics — Transfers
The game is won by transferring the highest volume of a coin by the end of the current round. Do you make many rapid small transfers, or less frequent large ones? Whatever your strategy, transfers are the key to winning.
All transfers have 15% fees that get paid to the last person who transferred that coin (2.5%), your referrer for that coin (2.5%) and the Chief Miner (10%).
The Basics — Chief Miner
The Chief Miner is the only part of the game that costs EOS, which goes straight into the reward pools.
The Chief Miner receives 10% fees from all transfers of all coins, and 10% bonus when any coin is mined by anyone! This is a powerful position if you want to accrue coins.
To become Chief you must Usurp the previous chief by paying 25% more than what they paid.
HOW DO I WIN??
The winner of the JACKPOT is the account that transfers the most volume of a single coin. The consolation VELOCITY prize goes to whichever account has the most transactions with a single coin.
For example,
If player1 does 100 transfers of 100 BTC their volume is 10,000
If player2 does 125 transfers of 50 ETH times your volume is 6,250
10,000 is greater than 6,250 in volume, so player1 would win the JACKPOT.
125tx is greater than 100tx, so player2 would win the Velocity consolation Prize.
Whichever coin is used to win the JACKPOT becomes the “Winning Team”.
The team dividend will be paid out in proportion of how many tokens you hold dividend by the supply.
For example,
The jackpot winner won by using DOGE coin
If you have 100 DOGE and there is 100,000 DOGE supply you will receive 0.1% of the Team Dividend.
The Other Rewards
The carry forward will be used to kickstart the jackpot in the next round.
Rounds will be a month long.
The developer fund supports the continued development of this game and future fun things. A portion of the developer fund will also be paid into the GenerEOS donation pool to help the community and good causes.
Watching the Data
Each coin has a statistic summary showing your balance and comparing the Highest Volume and Velocity to your personal Volume and Velocity.
Become the Highest to win the game!
