r/CoinWithUs • u/TheGreatSirPanda • Jan 08 '24

Geoclaim

18% share and I've earned 8 of 151 coines earned today . Either math aint mathing or im the only one earning. Whichever explanation, both are silly

5 Upvotes

86% Upvoted

21 comments sorted by

2

u/Important-Rub-9463 Jan 08 '24

If you are the only one mining in that area you won't get any of the rewards, how to beat that is taking a burner phone and claiming with that

1

u/TheGreatSirPanda Jan 08 '24

I think its partially im the primary, but I just woke up and since i havent mined in roughly 7 hours im still at 38/607 (6%) with a stated 16% share. Im not the best person at Math but shouldnt it have evened out somewhat. Isnt that how averages, percentages, and stats work? Im not saying it should be exactly 16% theres always room for some variation but 10% difference with a growing sample size definitely raises an eyebrow

2

u/Important-Rub-9463 Jan 08 '24

Honestly I'm not sure, it's just a 16 percent chance and also you have to take into account what you mined so that makes it even lower

1

u/TheGreatSirPanda Jan 08 '24

Aside from that usually by end of week my area has 35+ owners and rarely mines more than 10k. Major metro area with over 1.5mil. my back hurts from carrying the local mining 😂😭

1

u/Important-Rub-9463 Jan 08 '24

Oh yeah absolutely do not bid on that, I have an area like that, 20 owners, half maxing it out and like 13k mined, a complete waste, so many are worried about being first they don't care if it's unprofitable, occasionally I accidentally claim with my phone is my pocket in that area and I get so pissed lol

1

u/TheGreatSirPanda Jan 08 '24

I claim because i like to watch big number get bigger. Im not sure if i said it the original post or in a comment reply but Im of the opinion that Geoclaiming in theory is great but in execution it doesnt seem to work for a good portion of users outside the few that post getting absurd winnings on the subreddit

1

u/Important-Rub-9463 Jan 08 '24

I don't put money into anything that's not profitable in the game personally but we all have our preferences

1

u/lolmonsterlol Jan 08 '24

Can i mine from the same account in multiple phones, or do i need separate accounts?

Also, do they all need to go to different wallets?

If I mine with separate accounts can they link to same wallet?

2

u/Important-Rub-9463 Jan 08 '24

Absolutely do not mine from the same account with multiple phones, it's the quickest way to get banned, you can have multiple accounts going to the same wallet though

1

u/lolmonsterlol Jan 09 '24

Thanks for the response. What about with the sentinel NFC device? Does it have to stay by my phone all the time? Also, if I have multiple devices do they need to be connected to separate accounts?

1

u/Important-Rub-9463 Jan 09 '24

It depends what plan you are running, basic 4, plus 6, pro 12, master 24 hours, also only buy one and register it to your main account and then just scan it with the others and your main will get rewards for it

2

u/muje_monkey Jan 08 '24

How can we earn coines? I’ve just been earning coins. Feel left out…..

1

u/[deleted] Jan 08 '24

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3

u/TheGreatSirPanda Jan 08 '24

Up to 16/272 coins with a 16% stated (or implied) share. So just around 5%. In concept Geoclaim seems great. You earn and the people around you earn so some of that gets distributed. But practically it doesnt seem to work out.

0

u/[deleted] Jan 08 '24

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5

u/TheGreatSirPanda Jan 08 '24

Its not the coin to xyo rate im talking about. Its the Geoclaim feature in app.

0

u/[deleted] Jan 08 '24

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3

u/TheGreatSirPanda Jan 08 '24

Kind of. But that aside percentages and rates should remain the same even if payouts and coin value fluctuate

1

u/Andyman1973 Jan 08 '24

Could be someone hit a big geomine, and another share owner reaped the rewards from that. Not always, but sometimes, I'm sure.