Anyone can still solo mine UNO. That has never changed.
Assuming you mean mine only Unobtanium (rather than merge mining it with Bitcoin) then you are right, but I would bet hardly anyone does any more. It would be much the same as throwing your money away. Which basically encapsulates my concern about merge mining - UNO mining is now basically tied to Bitcoin, and if there is an issue (as per a few posts up) pools will drop UNO from merge mining, not BTC. UNO has always been tied to bitcoin. Every Sha256 coin is tied to bitcoin because they are in competition for the hash. Miners will mine the most profitable coin, whether Bitcoin or something else. The nice thing about merge mining is that bitcoin mining (and by default UNO mining) becomes even more profitable. Merge mining is good for miners. Its good for Bitcoin. Good for all Sha256 coins. Good for Bitmain. Well, I think we will have to agree to disagree on this point. My concern with merge mining is: 1. it drives the difficulty sky high 2. the high difficulty means the only practical way to mine is merge mining 3. because the vast majority of miners are merge mining, their primary interest is Bitcoin and not UNO (or indeed any other MM coin) those three points together lead to two consequences: A. in the event of an issue with merge mining, the miners/pools will drop UNO (as we have seen) and B. because the merge mined coins are effectively "free" they can and will be sold at very low values I hear what you're saying, and I appreciate the respectful discussion. I guess I'd rather have a few guys mining it at high hash than a few guys mining it a low hash. There are consequences either way. Given UNO's low inflation, I believe the right choice was made to secure the chain. I guess we'll see longer term if it was a good idea or not. |
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Anyone can still solo mine UNO. That has never changed.
Assuming you mean mine only Unobtanium (rather than merge mining it with Bitcoin) then you are right, but I would bet hardly anyone does any more. It would be much the same as throwing your money away. Which basically encapsulates my concern about merge mining - UNO mining is now basically tied to Bitcoin, and if there is an issue (as per a few posts up) pools will drop UNO from merge mining, not BTC. UNO has always been tied to bitcoin. Every Sha256 coin is tied to bitcoin because they are in competition for the hash. Miners will mine the most profitable coin, whether Bitcoin or something else. The nice thing about merge mining is that bitcoin mining (and by default UNO mining) becomes even more profitable. Merge mining is good for miners. Its good for Bitcoin. Good for all Sha256 coins. Good for Bitmain.
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BN, congrats on Legendary. You've always been a legend to me, man.
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Does genesis-mining .com operate their own merge mining pool for UNO ? or are they just merge mining at another pool ?
- Figured that they are probably merge mining and then off-setting their own costs through the 'customers choice' as to which coin they mine ?
Maybe someone else knows. I soured on Genesis when they stole my hash. |
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Yes, our base hashrate dropped by more than 60%  We need to maintain a selection of reliable pools. Whatever reason they had for dropping us we need to make sure that it doesn't continue to be a problem in the future. For some reason merged coins cause instability in our stratum servers. Not specific to UNO, but it is why we've removed all MM coins from scrypt and sha256 on zpool. We're working at figuring out why so eventually we hope to add it back on www.zpool.caCheers Perfect demonstration of why I am sceptical of the benefits of merge mining. This and the f2pool market decision lead me to the same conclusion. You guys think Uno would be better off without merged mining? UNO would be better off with less mining centralization for sure. It doesn't matter if it's AUX-POW or POW, if 60% of your hash is centralized on one pool you've essentially been owned with a "51% attack". Of course the pool would need to actively attempt to defraud (I can't remember seeing an example of a pool engaging in such behavior)... It's not just UNO though, it's laughable how everyone seems to pretend that bitcoin mining is decentralized. Sure none of the pools get to 51% but the big miners just spread the hash to different pools. It's an interesting thought exercise to wonder how big the biggest bitcoin miner actually is... But hard-forking for some willy-nilly reason seems risky too, many a coin has been killed with hard forks especially lately with low interest in most altcoins. There's something to be said about stability. Look at litecoin, it's essentially become just a bitcoin clone with no purpose but the value is still quite high. When was the last time they had a hard-fork? By the way, there's nothing stopping anyone from mining UNO with direct POW but the rewards would have to make it worthwhile. Checking Cryptoid.info explorer, the last 100 blocks went to six different addresses putting up about 300 THS, most certainly pools. The greatest share of blocks was 44%. I don't know that UNO mining was tremendously more decentralized in the weeks before merged mining kicked in, when it generally had 10 -20 THS and a higher reward. Certainly, anyone can still solo mine UNO. That has never changed. It's a lot more profitable to mine both UNO and BTC together, though. |
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Not long ago I invited anyone who had a quantity of Uno trapped at Cryptsy to PM me with the amount. So far I've had 4 claims that amount to 5K Uno, or 1/3 of the value of Cryptsy's known cold storage wallet. What's the point of this? Why admit you lost Uno at Cryptsy, a possibly embarrassing thing to admit? I'd like to bring whatever transparency is possible to the situation. I'll keep your message anonymous. I promise a sympathetic ear (I've lost Uno at exchanges before, so you're not talking to a genius here). I think the chances are excellent that the locked Uno at Cryptsy will eventually be returned. Unlike the MintPal theft, we know exactly where the Cryptsy Uno is and we're watching it. And if I hear any news, I'll be sure to contact you. The Cryptsy Uno cold wallet is still here: https://chainz.cryptoid.info/uno/address.dws?202946.htm |
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Yes, our base hashrate dropped by more than 60% We need to maintain a selection of reliable pools. Whatever reason they had for dropping us we need to make sure that it doesn't continue to be a problem in the future. For some reason merged coins cause instability in our stratum servers. Not specific to UNO, but it is why we've removed all MM coins from scrypt and sha256 on zpool. We're working at figuring out why so eventually we hope to add it back on www.zpool.caCheers Perfect demonstration of why I am sceptical of the benefits of merge mining. This and the f2pool market decision lead me to the same conclusion. You guys think Uno would be better off without merged mining? |
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Yes, our base hashrate dropped by more than 60% We need to maintain a selection of reliable pools. Whatever reason they had for dropping us we need to make sure that it doesn't continue to be a problem in the future. For some reason merged coins cause instability in our stratum servers. Not specific to UNO, but it is why we've removed all MM coins from scrypt and sha256 on zpool. We're working at figuring out why so eventually we hope to add it back on www.zpool.caCheers Crackfoo, thank you for the explanation. If there's anything in the Uno wallet causing instability for merged mining, send me the long and I'll have it looked at. We'll look forward to having Xpool/Zpool back soon. |
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Yes, our base hashrate dropped by more than 60% We need to maintain a selection of reliable pools. Whatever reason they had for dropping us we need to make sure that it doesn't continue to be a problem in the future. I've been looking at that. There are no Bitcoin Classic merge pools yet, and I think much of the hash as migrated that direction. Still investigating. |
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are there any decent pools left to merge mine UNO? Thanks!
There's mmpool.org and https://www.multipool.us/stats.php?curr=unoI'm not sure about xpool.ca There was some changes over there recently. We are always looking for more good pools. |
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f2pool sent their reply, I had tried contacting them earlier this week.  Was worth a shot. Don't they MM HUC? That market is really tiny.... Edit: I take that back, HUC volume seems to be higher than I remember... Maybe ask... how big does the market need to be. Since he brought it up... |
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There you go folks, no one from CRYPTOPIA was scamming anyone as you have been lead to believe in this [ANN] Thread.
An apology to the guys at CRYPTOPIA is most definitely in order, but I doubt those who started this vendetta will sprout any balls and do that.
Big thanks to the guys at UNO community and to Hex and sa_ddam213. GREAT JOB GUYS!!!!
This thread is a mess. It's original purpose was resolved long ago and Cryptopia was clearly not to blame. This thread should be locked by a moderator. It is done, over, kaput. I haven't seen ANY credible evidence here of any wrongdoing by Cryptopia, yet the solid facts are constantly buried by the relentless slurs from professional trolls. Yes, Hexx is an ass, but being an ass isn't illegal yet, and he runs a good exchange. His name is on the public paperwork. He's not hiding. You may not like Hexx, and hell he probably doesn't even like himself, but these guys at Cryptopia are doing everything right. Give 'em a break. If you lost money at Cryptopia its your own damn fault. You're a shitty trader. |
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Thanks, Siameze. You're right... was worth a shot. At least now they have an opinion, and opinions can be changed. We know what we need to work on.  If it was easy to survive, then all cryptocurrencies would. |
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fuck my life...i have upgraded my wallet just to find that my coins were stolen(send to a address i dont control)...does anyone have any idea how this could have happen?
Was it encrypted? Do you download random files (torrents, random sketchy altcoin wallets)? What antivirus do you use? Is there any way someone did it by physically accessing your computer? anyway guess it was a virus...i lost all my ltc and other coins...gonna kill myself Sucks. Sorry that happened. If the exchanges don't get you, the hackers will. |
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Really thin sell side right now. I miss that wall already.  |
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Good reminder, Nat. #altcoin, #altcoins tags will get some notice.
Also cross post to Cryptocointalk.com and Reddit.com/r/unobtanium
And of course. troll boxes are a good way to tell others which crypto you're into.
There are boxes at Bleutrade, Safecex, and Cryptopia, among other places.
Don't be shy. We've got a great story here about the Cryptsy Uno being locked down, and how traders fleeing Crypsty had the price of Uno artificially low, and how its starting to make a run back up to normal price territory. And the good thing about UNO's story is.... it's true!
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With the Cryptsy dumping halted, I don't see why UNO shouldn't continue moving up. There is barely any on the market right now, which is potentially a bit of a problem. After the Cryptsy Uno stopped dumping, there was a long standoff between buys & sellers. I wish I had snapped up that 0043 wall. I'm planning to make good on my $100 pledge today.  I should have made good on it yesterday, I guess. Oh well. I really don't mind buying in at these low prices. No doubt were Uno is headed now after Uno hodlers absorbed a sustained 30k Uno dump from Cryptsy refugees. I think that 15K Uno Cryptsy wallet is going to be tied up a long, long time. |
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Mr. UNOchev, tear down this wall!
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Thanks, Misscrypto. All of your changes are made to the list. Coin.mx seems to be under some kind of Mexican investigation. I made a screen grab of it and added a link under Dead Exchanges section. Added Gemini.com |
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