Does the three of coins work?

Bungie clarified today, saying that Three of Coins gives a 50% increase to exotic drops upon completing an activity: When players use a Three of Coins consumable, this provides a 50% increase to the base chance of being rewarded an Exotic Engram upon activity completion.

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What is the best way to use three of coins?

Accordingly, how do you farm 3 of coins?

Also, how many three of coins should you use?

You should still consume one Three of Coins at a time and spread them evenly between prolonged strikes e.g. at least 10 mins. Moreover, how long does a three of coins last? There is a hidden cooldown period after using a Three during which using additional Threes will not increase drop chance in order to prevent exploitation of easily repeatable ultra kills. The exact length of the cooldown has not been stated, but it is believed to be between 10 and 15 minutes.

Regarding this, how much does three of coins increase your chances?

There is some hidden timer between popping them that affects their effectiveness as of the 9/24/15 Hotfix: "Three of Coins now provides a smaller increase in Exotic Engram drop chance when rapidly killing Ultras" It is generally observed that the exotic engram drop rate to 3oC use is approximately 1:5, but YMMV. What is XUR selling Destiny 1?