Why is TKEY mining profitable now?
Dear users!
As you know, with approximately every 2000 blocks solved, the difficulty of the TKEY network is corrected, meaning the mining process becomes harder and, as some users start to believe, less profitable.
Of course, if we consider this issue from the purely economical point of view, when the only thing that matters is the frequency of the reward, we cannot say you are wrong here.But, is Tkeycoin mining a ‘bad business’, indeed? Let's figure it out.
100 TKEY is the reward per block.Approximately every 10 minutes, 1-3 new blocks are solved in the network. By the way, you can get an increased reward for solving a block, as the block transaction fees are added to your standard 100 TKEY.At the moment, there are about 50,000 users in the network.
It should be noted that not all of them are engaged in active mining, because ‘everything has become more difficult’, ‘I have nothing but empty brackets’, ‘no reward so far’, ‘it’s a waste of time’ etc. If we consider this fact when assessing the current competition, it will turn out that the number of TKEY miners is by an order of magnitude smaller than 50,000. It means that your odds of getting the reward are still pretty good, aren't they?
That's right. Say, if you have 3-4 computers engaged in mining, you can get about 1000 TKEY per month. If you start mining with one of your slow outdated laptops, you can easily get about 100-200 TKEY per month (which is not bad at all). Let’s do some math, deducting the electricity bills from this amount. You still have something left. And if the price of the coin grows, as predicted? Then you might find yourself pretty well-endowed.
Ok, let’s put the emotions aside and make some cold-minded calculations. If you mine as little as 100 TKEY per month, you should be quite content. And if in the future the price of Tkeycoin rises, it will pay off at least a year of mining.
Example:
Let’s assume that you have mined 100 TKEY, spending some money on electricity (the exact amount depends on the region you live in, so it will be your task to correct the profit amount).1 TKEY = $1, according to the current exchange rate. Thus, as soon as the coin enters an exchange, you may immediately sell your 100 TKEY for $100. Deduct the electricity bills from this amount to get your net profit. And, if you wait for the price to grow, it may be much more.
With exchange rate of 100 TKEY = $1.5, you profit is $150 (minus electricity bills).With exchange rate of 100 TKEY = $2, you profit is $200 (minus electricity bills).With exchange rate of 100 TKEY = $5, you profit is $500 (minus electricity bills).
And, if we consider the scenario when Tkeycoin price rises to $100 or even to $1000, the ‘minuscule’ reward amount of 100 TKEY turns into $100,000 or $1,000,000 respectively. As you can see, even if you mine only 100 TKEY per month, you will already have some considerable net profit. And, in the best of circumstances, you can become a millionaire.
At this point someone can argue that there is no guarantee that the price of the coin ends up rising. Ok, even if Tkeycoin price is halved after the listing, you will still be left with some profit, though not as big as expected. For instance, If TKEY is worth $0.5, your profit will be $50 minus electricity bills. Not much, but anyway - you will not suffer any loss.
Also, we should remember that currently we deal with linear mining (CPU-mining), when the odds of solving a block are equal for all the participants. You can mine TKEY with almost anything, even with a PC from the past decade. In the future, mining will become more difficult and mining pools will emerge. Getting a reward of 100 TKEY, even once in 3 months, will be seen as a really good result. Today, you can get it once n 3-5 days.It’s up to you to decide whether you are still interested in mining or not.
Of course, it might be not very pleasant to wake up in the morning just to see the empty brackets on 3 or 4 screens. However, this initial frustration might be worth the potential profits. The main thing now is to have some patience and believe that your efforts will pay off in the long (or maybe even short) run.
Thank you for reading this post and staying with us.
TKEY and Other Blockchains. The Difference. Part 1.
RDBMS or relational database management system allows Tkeycoin to avoid most of the problems of the world's leading cryptocurrencies that use DBMS or so-called NoSQL systems. I.e., Bitcoin uses LevelDB that is inferior to PostgreSQL in the numerous features, including integration with other systems.
Actually, Bitcoin's database cannot be integrated with already existing systems at all due to the specific type of data storage. On the contrary, Tkeycoin uses the database that can be easily integrated with active state and financial institutes that work with classic databases.
TKEY solutions can be successfully used by any company that uses Oracle Database, MySQL, IBM DB2, SQLite, or Microsoft SQL Server. According to some figures, 80% of companies worldwide and thousands of websites use exactly these databases. That opens up unique opportunities to collaborate and spread technologies around the globe that are unavailable for the other cryptocurrencies, using LevelDB and other NoSQL databases.
TKEY program models are tailored for the systems of a different kind, among them state and banking organizations. Creation of the adaptive products that will make financial operations easier, cheaper, and more secure, has been our goal from the very beginning. In that regard, the usage of the RDBMS PostgreSQL perfectly fits the conception.
Despite all the universality and simplicity of the integration, Tkeycoin solutions are still decentralized and fast. Thanks to the relational database management system PostgreSQL, TKEY protocol can handle dozens of thousands of connections, provide reliable transactions mechanisms as well as expandable systems of the built-in programming languages and easy scalability.
It is also vital to note that PostgreSQL is not just relational but objected-relational DBMS. This guarantee additional advantages over classic SQL database. For instance, PostgreSQL can store almost all existing data types, including 3D models or even geodata. This and some other useful opportunities are not included in the traditional relational DBMS.
If putting all these advantages together, we get a genuinely unique protocol that for sure does not have any analogs in the world at the moment. Yes, there are projects that try to achieve something similar but they are far from meeting the same fundamental requirements and reaching ideas that we have successfully implemented and brought to life in the Tkeycoin project.
And there are still plenty to come…
First Look at Tkeycoin Mobile Wallet
Still waiting for Tkeycoin mobile wallet?
Right, it's ready!
These days we carry out final tests of the software with different load doses, check how reliable our security systems are as well as finalizing the interface.
In Tkeycoin mobile wallet we have paid particular attention to security and the general safety of your money — it is impossible to steal it now. Furthermore, we have taken serious efforts to make the app's interface as convenient and as pleasant to look at as possible. Every single action now is not only simple and clear but also beautiful and smooth.
Tkeycoin mobile wallet will be released in a few weeks, and here are some main features of the first version:
Multicurrency wallet with four cryptocurrencies: TKEY, BTC, LTC, ETH;
Instant transactions across the network with minimal fees;
Rates and other market information about cryptocurrencies across the world;
Daily statistics and analytics;
More, and more, and more.
This list is obviously incomplete, and we are going to implement other exciting options in future versions. I.e., it will be possible to exchange cryptocurrencies right in Tkeycoin wallet starting from the second release, and you will be able to pay with crypto using your phone starting from the third.
Though there is not too much time left to wait, we are happy to bring even more details on the upcoming release with a short video review of the interface of Tkeycoin mobile wallet. This is just a little part of what we have to show, and there are still many things to present. Let us know in the comments section if you want a screen video version of the review; we'll make it.
And while everything is finalizing, hurry up and do not miss your chance to buy TKEY with a sale only for $0,8 on
https://tkeycoin.market
APA-2019. One more exploration
Despite all the previous publications on this subject, most users do not fully realize how important APA 2019 is for Tkeycoin project. They continue bombarding our support services with odd questions and even more bizarre statements. This post is for those users.
What is APA?
APA or Asian parliamentary assembly is an international organization that coordinates efforts of the national parliaments in the solution of the contemporary global problems.
APA was initially founded in 2006, and 42 countries are its members at the moment with 16 more having an observer status and nine major international organizations also taking part in the sessions.
You can learn more about APA here:
http://council.gov.ru/en/activity/crosswork/dep/63/https://en.wikipedia.org/wiki/Asian_Parliamentary_AssemblyWhat is our role?
The speech of Maxim Yakimov, a TKEY CEO, was the only business presentation in the APA agenda, among discussions of the previously adopted resolutions, proposing amendments and ratifications of agreements.
TKEY DMCC was the only company, invited to the session at all. We have also become the only ones to stand at the event as experts.
What are the dividends?
We have conveyed the list of ideas on improving contemporary financial systems to the parliamentarians as well as demonstrated Tkeycoin products on the state level.
Additionally, we have received extensive feedback on our products and numerous recommendations on the running of international business in different parts of the World.
The other important news is the agreement on the launch of the pilot projects based on TKEY technologies in several countries participating in APA.
You can find even more APA results and its influence on the further development of the project here -
https://www.facebook.com/tkeycoin/posts/381773262439157Please, have a look, it's vital.
Your Tkeycoin Team
Ideological side of Tkeycoin project
Today we are going to stay away from the technological aspects for a little and dive deeper into the ideological side of Tkeycoin project.
As you have probably mentioned, people with negative views and defamatory opinions flood our communities from time to time. What is interesting, they usually use similar words and bring up the same subjects in their messages.
However, we understand that this is a normal thing for a big worldwide project, and we also totally understand that this is a business after all. There is a concurrency, and there are rivals, there are puff actions. Haters gonna hate, and we gonna talk about another part of the community's users.
Initial philosophy and ideology of Tkeycoin project imply that any user can positively affect the product, help rates growth, and contribute to the future of the project itself. Every single user is a part of substantial Tkeycoin economics with an indisputable right actually to change it. How? Let us explain.
Platform popularity directly depends on the users, and it is tough to argue with it since everyone can leave a comment, repost, or spread the feedbacks about Tkeycoin across friends and co-workers. Platform success depends on the popularity. Cryptocurrency rate depends on the platform success, which depends on its popularity, which depends on each of you.
This short and straightforward scheme actually explains a lot.
It is an open secret that Tkeycoin has been and always will be a decentralized platform that, unlike centralized ones, most things are based on reliability, solidarity, and mutual aid. Actions made by every single user affect the whole ecosystem, and this is why we need a competitive and unanimous community to climb the highest peaks. Every contribution to system development is particularly crucial for the network participants themselves.
If diving even more in-depth, you will find out that the majority of problems of the cryptocurrencies nowadays are not only connected with the technologies difficulties itself but also with the behavior of its holders. I.e., BItcoin is continuously going up and down with the unacceptable for the severe financial instrument changes up to 200%.
For most users, the key advantages of the cryptocurrency are decentralization and its independence from the centralized systems. But, there are still cons on this regard and particular organizations can affect cryptomarket using paid news, social media, and different psychological manipulations. This fact threatens P2P networks conception even though the results of such campaigns are still so much depending from the users and investors and its reactions.
Most users do not analyze the news they are reading, nor get to the truth and understand. They follow the tricks instead and start selling or buying the crypto that leads to the market destabilization. This is profitable for major funds, exchanges, and banking sectors.
Similar scenarios happen in our social media accounts. There are thousands of users in our communities' blacklist and trust us; they typically get there by groups. Some organizations massively buy fake profiles and lead them to our pages. The scheme is transparent and clear, but some users still trust such special forces and believe in their acting.
For its part, negative community negatively affects projects reputation, its popularity, its success, cryptocurrency rates and so on.
We hope that every our user now understands his or her role in the global Tkeycoin ecosystem. We highly recommend not to follow haters currents and continue believing in our final joint victory. Only with a strong and confident community we can do anything and achieve whatever we want.
Leave comments below our posts, share project's news with friends, help each other, spread Tkeycoin across the globe - make your own contribution. People around the world will learn about Tkeycoin, will join our community, will buy TKEY and support us on the exchanges.
Just remember that every user is an essential part of the vast Tkeycoin ecosystem. Let us build it step by step; let us do it together.
Always Yours,Tkeycoin team
The night falls - Tkeycoin comes. 15 hours left
Tkeycoin Trading on BitForex 
We are delighted to inform that TKEY will be listed on the BitForex exchange. All the required verifications by both sides have been successfully passed, the listing contract is signed by TKEY DMCC and Bitforex Limited, the listing is 100% confirmed.
The official announcement by BitForex is coming up this Monday.
Hurry up and sign up for BitForex using this link -
https://is.gd/7CvpV5 Ask BitForex representatives about TKEY listing:
support@bitforex.comJust to remind, BitForex is the 7th biggest crypto exchanges in the world according to Coinmarketcap with the 24h volume at nearly $1,4 bln. The platform is famous for its intensive trading and the number of active traders so you will surely find buyers and sellers for your needs.
We will keep you informed on the exchange subject so please follow our feed.
And do not forget to leave a message on how hard you wait for Tkeycoin listing in the BitForex telegram chat - just let the world know who is coming -
https://t.me/BitForexEnglishSee you Monday, please share this post!
Your Tkeycoin Team
Exchange Announcement is Postponed to Tomorrow
Dear Users,
We regret to inform you that official confirmation of BitForex Tkeycoin listing is postponed to tomorrow, July 23, due to the circumstances beyond our control.
We apologize for any inconvenience and call on all the community participants to keep calm and wait for the listing confirmation announcement from BitForex side. The official information will be published tomorrow.
Create BitForex account before Tkeycoin listing -
http://bit.ly/2Gm7AkuSee you tomorrow,
Tkeycoin Team
BitForex Confirmed Tkeycoin Listing
BitForex international cryptoexchange has officially confirmed Tkeycoin listing with the corresponding announcement on the platform's official website. The full text is available here -
https://support.bitforex.com/hc/en-us/articles/360031263451-BitForex-Launches-Tkeycoin-TKEY-at-17-00-on-Sept-3rd-GMT-8- BitForex is the 7th biggest cryptocurrency exchange in the world according to Coinmarketcap with the 24h volume at nearly $1,4 bln. The platform is famous for its flawless security, intuitive interface, low transaction fees, and a high number of active traders. As a little conclusion, BitForex trading is profitable, simple, safe, and, what is most important, there are always enough traders for doing that.
We are happy with the agreement reached and can't wait for Tkeycoin trading to start all over the globe. As we have informed before, the initial rate is $1 for 1 TKEY. During the first weeks after listing all traders will be able to trade Tkeycoin in two trading pairs - TKEY/ETH and TKEY/BTC. New trading pairs will be added later on.
Tkeycoin trading on BitForex officially starts September 3.
Catch up the moment, create BitForex account before TKEY listing -
https://bit.ly/2OgZ7Wg See you on BitForex,
Your Tkeycoin
The Exchange. Why BitForex?
We are convinced you already know that TKEY cryptocurrency will start trading on BitForex this September. This exact exchange is one of the world's leaders, but we have analyzed plenty of other great platforms as well. So why BitForex?
As we have previously mentioned so many times, we carefully analyze an exchange from different points and by various means before actually dealing with it. This case is not an exception.
Even though BitForex is now 9th exchange in the world, we should have strong reasons to choose it as the platform to start from. Choosing the right exchange for the first listing is a vital step, and here are our reasons:
- BitForex is registered in Singapore, but it still has offices in other countries. More specifically, in about a hundred countries across the globe;
- The platform has a simple signup process and does not require verification from the users. You can either use a phone or email to create a BitForex account;
- High-security level with the 2FA system and phone number linkage;
Intuitive, clear and functional interface packed with numerous useful tools;
- Wide range of cryptocurrencies to choose from (more than 150 trading pairs);
- Low operating fees;
- The exchange is getting more and more popular in Russia and Ukraine in 2019. It has all the chances to break into TOP-5 in coming months.
This is how our first listing exchange looks like in facts. Are you excited even more now?
Catch up the moment, create BitForex account before TKEY listing -
https://bit.ly/2OgZ7Wg
MacOS and Linux local wallet update
Dear Users,
In all this pre-exchange hype, we haven't as well forgotten about the local wallets and prepared significant and vital updates for it.
Please, meed the new versions of macOS and Linux Tkeycoin clients.
So, what's new?
- fixed all errors and crashes on you have previously reported us about on Mac and Linux;
- reimagined installation system. Detailed instruction is available here -
https://tkeycoin.com/en/getstarted/guides/index.html#installl ;
- reinvented and optimized internal app structure;
- minor improvements with an eye on future releases.
Download 1.1.2 version for macOS -
https://tkeycoin.com/en/download/macos/index.html Download 1.1.2 version for Linux -
https://tkeycoin.com/en/download/linux/index.html We highly recommend all macOS and Linux users to install the updated version of the client since this version is the most stable and secure.
Additionally, this exact version is a transitional release before the multithread mining launch. We have to test it all out and fix all the bugs you may report us about.
Download and install the version. We are launching multithreading this Tuesday.
Stay tuned,
Tkeycoin team
We are so forgetful! Here is why the new versions of macOS and Linux wallets are really better!
In general: they are faster, more secure, less resource-intensive - a new level at all.
And the new level is possible thanks to the Docker containerization that divides an application into different components according to its functions. The main advantages of the technology are speed and lightness. It requires much fewer resources and time to create new containers than in the case of a virtual machine.
Each container is a separate micro-service, thus updating and scaling of the Docker-based app is easier and much safer in synchronization and bugs terms. Containers encapsulate vital technical details so that it can easily be used on different OC at once. Moreover, they meet the highest standards.
Finally, containerization improves the security of the app since it isolates each container processes so that they are not able to affect each other. It is a vital feature in terms of unwanted actions, unsuccessful update, and different types of network crashes.
We highly recommend all macOS and Linux users to update to the new versions; they are just better.
And for experienced miners, the great reason to update is a fully-functional Tkeycoin Daemon (Tkeycoind) that now supports 'as service' launch (start-stop-restart).
And yep, we have received your feedback on yesterday's version and already solved the reported installation problems.
Download today's version if you have faced any troubles -
https://tkeycoin.com/en/download/linux/ PS. and do not forget to clear your browser cache before downloading

Your Tkeycoin Team
Multithreaded mining launch on Linux and macOS
Dear Users,
We are delighted to inform that Linux and macOS users can now use all the CPU cores for TKEY mining TKEY. All credits to the multithreaded mining launch.
We have decided to test fully functional CPU mining on Linux and macOS for two reasons: Linux popularity among TKEY miners and most advanced macOS TKEY wallet software among all the platforms.
If we don't find any critical errors and bugs, we will immediately launch the corresponding update for Windows.
Download the new Linux wallet (with multithreaded mining) -
https://tkeycoin.com/en/download/linux/index.html Download the new macOS wallet (with multithreaded mining) -
https://tkeycoin.com/en/download/macos/index.html Please direct all the bugs, errors and crashes you have run into to
support@tkeycoin.comTkeycoin Team