TEKcoin (TEK) SHA256 Pool Testing and Coin Information

 

 Detailed Coin Information:

• Sha256 Proof of work/Proof of Stake
• SuperStake Eco-Minting: mint up to 40% interest on your TEKcoin balance after every 30+ days.
• 1 minute per block.
• 1 coin per block.
• Unlimited coins.
• No block halving.
• No IPO.
• No BS.
• 1440 PoW coins per day.

Coin's Website:

• http://tekcoin.org/

Forums: 

• BitcoinTalk

Exchanges:

• Comkort
• Cryptsy

Social Media:  

• Twitter

Pools:

• Hamsterpool
• iSpace
• SecurePayments
• MiningPools
• CoinKing (Wallet Currently Down)

Active Pool Comparison

 

All testing performed by an Antminer S4 @ 2.18 TH/s (218 Mhz) and my conclusion is that this coin is not profitable at the exchange rate of 0.00001952/BTC unless you have some super efficient server setup, something in the .4W/GH range. The best result I got was basically solo mining, but that was still two times less profitable than BTC mining. I do like the ideas behind this one and until mining become profitable show support by investing in the TEKcoin by trading for now, and of course run the wallet which will earn "interest" for held coins. (I have held onto a couple thousand after testing this and will update after 30 days with the results)

 

MiningPools:

• Pool Hashrate: 2-2.5 TH/s
• My Hashrate: 2-2.5 TH/s
• My 24 Hour Earnings: 628 TEK
• Fees: 1%
• Average Round Duration: 2 Minutes
• Reward Method: PROP
• My Thoughts: I was basically solo mining like on SecurePayments but with less money being taking out since it is a regular pool and there was nobody else there. I got a great hash-rate with a max 10k difficulty and it was processing without issues for being too large like with SecurePayments. Average recorded by my antminer was 2.2 TH/s.

 

SecurePayments (SOLO):

• Pool Hashrate: 2.3-2.8 TH/s
• My Hashrate: 2-2.5 TH/s
• My 24 Hour Earnings: 442 TEK
• Fees: 3%
• Average Round Duration: 3 Minutes
• Reward Method: 97% of reward goes to the finder
• My Thoughts: This is basically solo mining in a pool environment, can be a great success if you have enough power and the coin is worth enough. Difficulty was going up to 20k and was causing weird hash-rates reported by the pool, but my recorded average was still 2 TH/s on my antminer dashboard. But due to the high difficulty there were a lot stale/DOA's and subsequently a large amount of orphaned blocks, basically causing a payout 30% less than I should have received.

 

iSpace:

• Pool Hashrate: 3-4 TH/s
• My Hashrate: 1.4-2.4 TH/s
• My 24 Hour Earnings: 420 TEK
• Fees: 0%
• Average Round Duration: 3 minutes
• Reward Method: PROP
• My Thoughts: Despite having earned 720 blocks myself, I was only paid 420!? This pool network is looking more corrupt every-time I test on it. No fees, but a whole lot of missing coins in my opinion! Guess it's a forced donation.. to them or other miners providing nothing.

 

HamsterPool:

• Pool Hashrate: 1.8-2.8 TH/s
• My Hashrate: 1.5-2.5 TH/s
• My 24 Hour Earnings: 296 (Estimated ~750 TEK at 2 TH/s)
• Fees: 1%
• Average Round Duration: 5 Minutes
• Reward Method: PPLNS
• My Thoughts: There were only 3 other miners with very low hash-rates on the pool and they literally found 1 block for every 100 I did. And my hash-rate seemed to hover in the 1.7 TH/s range, so basically 500 GH/s below my normal hash-rate on a BTC pool.

Got some spare TEK, throw em my way:  BhhSYDz4jUWGjmRTju5Ax5wtxahHfUbMWf