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Thanks!

15865peCSxXcz5jQptcLBrnce5DtHAwLHT

Thanks!

Right now, there are so many alt coins out there, most people are hoping from coin to coin (including litecoin).  Once the price of BTC settles down, and people begin to start mining for long-term profit (instead of which ever coin is the highest on the profitability chart that day), I think we will see a (large) increase to our continuous mining community.

I think the result will be a higher difficultly for the coin, which will in return decrease the number of coins generated per block, which will increase the value of YAC.   I have all of my mining rigs mining YAC and I'm differently taking advantage of the low prices. 

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How long is it taking you guys to get a POS block?  I have 7-8 transactions that are 6+ months old and around 90,000 coin days.  I followed the POS minting instruction in this guide and have been running my wallet 'unlocked for minting' for almost three weeks.  Is this normal?  I usually get several POS transaction each day in my Yacoin wallet.

Anyone mining with 7970's?  And care to share their settings?  I'm only getting about 4.5-5 khash/s on each of my cards. 

Looking forward to it.   Does it have a CPU-miner built into it as well?  I know there were a few bounties floating around for it.

15865peCSxXcz5jQptcLBrnce5DtHAwLHT

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The difficultly has been stuck at 0.42 for over a month now....

I've looked into mining primecoin a few times now.   It doesn't seem to be any different then any other coin - other then the fact that it is mining for 'prime numbers.'   It doesn't have POS, n-increase, or anything else 'new' that will help keep the coin stable.

If primecoin does offer something new, or I'm missing something, please let me know - other wise I don't think the coin would have been very successful if it wasn't developed by an already known developer; Sunny King.  He's great at keeping up in the forums, but I'm still waiting for a PPC wallet that I don't need to write a batch file to mint with.  I think the PPC community would agree it was a well developed coin, but updating/improving/maintaining PPC does not seem to be one of Sunny's strong points. 

I guess that's why I'm addicted to YAC.  We have two super active developers and a crowd of active miners/investors/advocates.  There's a new improvement, bounty, or project almost every week.

I wanted to take a quick moment and say thank you to Joe and Sarion for all of your hard work you've been putting into continuing developing YAC.  I'm not a 'big player' but I would like to show my appreciation for all of your efforts.

Donation to Joe_Bauers (1,000 YAC): http://yacexplorer.tk/tx/3c33540a7adf6c08ab968862140d39e5b77a31999f21719957ef4689c3c69751#o0
Donation to Sar (1,000 YAC): http://yacexplorer.tk/tx/181038261a9423b7057c3f20b2c44070af292edbf28eacb1afa993191d368ed7#o1

I look forward the future you both bring to YAC. 

In addition, I also want to say thank-you to St.Bit for taking the time (and giving away his own coins) to help promote YAC.  I hope the following donation helps you continue your efforts.

Donation to St.Bit's 'Gimme some YAC' (~500 YAC): http://yacexplorer.tk/tx/29231144056a1928ba54485d139914f39c5fada1fb117c1b0f9ff90d331ef511#o1

Did you remember to unlock your wallet?   Inside the wallet go to 'Help' then Debug window.   Then type 'walletpassphrase' *your password* '999999999'   Then you should see the lock in the bottom right corner 'open.'  Your wallet will then be open for minting.  (Don't worry unlocking doesn't make it 'unsecure' - it is only unlocked for minting )

I agree - Sometimes I'm sitting on several transactions that are older than 30 days, but haven't minted yet.  It would be really nice to turn on a 'fast and furious POS miner' (might be a good name btw, lol) and mint several of them.



I did see this happen a few times in my wallet - where several small transactions merged through a POS block and ended ~11 YAC in size.   I did have a POS that didn't again recently.

http://yacexplorer.tk/tx/996917e79b248e35cb4c5f98df7e7cda6a5bd1caf1dcb908e2f871fe51681dbf#i0

I'm not sure why sometimes it will merge small transactions, and other times it doesn't.   As you can see from the link above, when it doesn't merge with another transaction, any profit is lost.

I personally stopped mining XenCoin.   The developer is inactive and no one has offered to continue to develop the coin.  There are multiple issues (besides the pre-mine that was most likely dumped) including the wallet is looking for more blocks then there are, solo mining accepts blocks with out giving reward, diffcultly doesn't change every 9 hours, and a few other items.

Other then offering billions of coins instead of millions, this coin doesn't really offer anything new.

Reading the comments in the thread, it looks like many people are looking for 'the next big coin.'   I personally have become very interested in YAC....   It has a super fast confirmation rate (1 min - fast enough to be useful in day-to-day life, with out an excessive number of stale blocks), dynamic reward, POS, and the first coin to have a increase hash difficultly.  This increases protection against ASICs and greatly handy-caps GPU mining.

YACoin has only recently been placed on the 'profitability charts' and people are just beginning to learn about the 'n-factor' of the coin.  I personally believe that was the reason for the increase in mining and the price drop.  The original developer has abandoned the project and Wind Master was the developer for several months.   Now he has passed the torch to two (highly active) developers.  YACoin has its own forum, website, and several active supporters/miners/enthusiasts.

With the PoS vs PoW and N-factor, this coin design is the most well though-out coin yet (to help prevent someone from controlling 51% of the blockchain.)  And with a 5% POS, it is on par of a high interest savings account and the national inflation.  With the new coin control feature in the wallet, and fast confirmations, I my intrest now turns to YAC - to become the first currency like cryptocoin.

I personally believe this coin has all of the right things to be robust enough to make it.   Prices are down, now is the time to buy....   while it's still affordable. 

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Thanks!

I agree.   I have lost interest in this coin.  If the developers would have been active, and completed the projects they promised (rather then dumping the premine), the coin value would be much higher and I would still be mining it.   Not to mention they would have made 10x+ more times profit then dumping the premine coins so cheap.

I was excited about this coin....  it turned out to be another failure. 

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Thanks!

You are correct - I misread the transaction in haste.  (Sorry!!!)  

I never seen transactions become combined in a POS.   Is this due to the new wallet / upgrades to the yac source code?  Will it continue to happen?  Or will transactions continue to split into, two, smaller transactions?

This was the 'upgrade'  I was asking about.... but it looks like it is already happening!  

I'm using the 'test' wallet with cc.   And I had my first POS that split into thirds!   Any idea why this might have happened?

http://yacexplorer.tk/tx/5c464c19df4f3607f178177bcec83e6e3d8095dde621661c7e360812aa920cc0#o1

Any news on upgrading the wallet to allow for multiple (small) transactions to be included in a single transaction?  My wallet is full of 5-100 yac transactions.  Most of them take longer then 30 days until they have enough 'coin-days' to mint.