Bitcoin Forum
June 22, 2024, 09:54:05 AM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 4 5 »
1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PreICO] Cryptomind - free blockchain platform for AI solutions on: November 15, 2017, 06:25:46 PM
If a miner does not fully complied with developer's task, will he pay compensation to the developer for his lost time?
Usually tasks on neural networks are well paralyzed and broken down into many small simple tasks. and we do not plan to give the same to the miners. and this eliminates the problem of non-payment for the work done.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PreICO] Cryptomind - free blockchain platform for AI solutions on: November 11, 2017, 05:37:02 PM
Do you plan to rent out your mining hosts?

if it is in demand. and our software, installed by the miners, will allow you to realize your tasks. then it is possible, under an individual agreement.
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PreICO] Cryptomind - free blockchain platform for AI solutions on: November 11, 2017, 10:48:04 AM
Will the platform provide users with an opportunity to exchange ready-made business solutions based on neural networks?

Yes, such a functional is planned. system of royalties in development.
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PreICO] Cryptomind - free blockchain platform for AI solutions on: October 28, 2017, 07:43:31 PM
How will you guarantee the conduct of training if the miner decides to quit out of your network?
Thank you for this question. This is a normal problem for any distributed network. The operability of a network will be provided with our equipment. If the decision of the task doesn't arrive from a miner during the preset time, this task is transferred for calculation to our equipment. And parallely in the automatic mode there will be a search of the free capacities at other miner.
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PreICO] Cryptomind - free blockchain platform for AI solutions on: October 28, 2017, 11:36:37 AM
how long will the pre-ico be running for?
good day. the period of PreICO from 11 to 31 November.
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer on: December 14, 2014, 08:16:00 AM
Can Vertcoin be mined whit a normal scrypt asic?

Er.. no. Its a Lyra2RE algo now. Not scrypt.
So Algorithm: Scrypt-N can not be mined whiit a scrypt asic ?

Vertcoin is not Scrypt-N any longer. It forked to Lyra2RE at block 208,301

Excellent jobs and my VTC still the same.  I will add 100x holdings as the rate is dropping from $5 to $0.05 each VTC
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer on: July 15, 2014, 10:58:14 AM
I learn something new and realize that VTC has been defeated where decentralize on hardware is successful but not on the community usage level.  It does not restrict centralize all coins generated into single few hands.  Now top 2% hold more than 4.5 million VTC out of 6 millions.
http://bitinfocharts.com/top-100-richest-vertcoin-addresses.html

Top 0.2% hold 2 millions which is 33%.

The decentralize of hardware is good but the economy values derived from its use and VTC is a good protocol and any new version of protocol should generate a new network and use exchange to derive the values between the old and new crypto network.

When the miners still mining at a lost, it is not really logical for miners to keep a blind faith to keep mining at a lost.

Price is not my major concern but the widespread adoption and growing network are the most important factors for a crypto network which is beyond developers control.

The daily losses is about $13k USD daily on electricity.
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin | Scrypt N | Beat ASIC on: June 05, 2014, 11:28:07 AM
Honestly, I kept holding because of this dude
http://explorer.vertcoin.org/address/VtE5ZTHgAVrb1iLXMhjy9RDF3Eu6JmaRCq

He bought over $150,000 worth about a month ago, He never sold so I kept on holding



There is never a support of more than 20BTC or 30,000 VTC

You just need 10,000VTC you can perform wash trade VTC to 0.001 and hit hard double the holding of VTC easily with the same VTC.  Learn what is wash trade.  Since this is unregulated it is a heaven for price rigger.  And only crypto allows that and IMHO, crypto should be free of regulations and allows all kind of trading strategy.  Wall Street Wolf would love this to hell.

This will attract more wolf and increasing the participation which increase the trust financial experts.  I hope cryptsy can defend HFT robots trading and not crash by super computer.

9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin | Scrypt N | Beat ASIC on: June 04, 2014, 06:26:59 AM
I hope you're wrong, I've been selling BTC to buy VTC.  I really like VTC, best community here, and still a relatively small market cap.  How is darkcoin worth $60 million, and VTC only worth $4.2 million.  VTC is clearly a superior coin, and once the stealth feature comes out, I think we'll see a lot of money moving into VTC.  My favorite "feature" of VTC, is the success of it's P2Pool.  A strong P2Pool makes it the most secure coin, arguably more so than Bitcoin.

Dev's, please listen, if you decide to change the algo, PLEASE make sure to have the P2Pool modifications ready first.  So many altcoins have pools with over 51%, that would mean death.

I actually see myself having to keep on revisiting VTC and being pursuaded to buy more VTC.  In my opinion, VTC has one of the best teams in crypto. 

Rising 20 to 100 times to make headline catching all by surprise.  20,000VTC will worth USD$2,000,000.  This will easily make AMD and Nvdia next gen GPU out of stocks again.
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin | Scrypt N | Beat ASIC on: June 01, 2014, 05:49:38 AM
Derive crypto values from its use and never think of soneone else will collaterize it in real like Gold. 

Always treat it as a tool for exchange and not a store of values.  FIAT and crypto share the same traits where values derive from its use and not a store of values.

Do not put saving into it but use it when you need them.  Store values into your own knowledge and experiences and grow values out of creation and needs from others.

Crypto developers create the tool and community accept them
not through force but the usefulness and integrity.  FIAT is back by war so to achieve long term evolution, FIAT has to end.  Whoever hold the power of FIAT can always abuse it at his mercy.

Crypto network can grow and destroy easily through acceptance and participation.

The number of wallets in used has the same effect of FaceBook numbers of acounts.
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin | Scrypt N | Beat ASIC on: June 01, 2014, 02:45:09 AM
This is based on some updates from developers. Stealth addresses and electrum coming in June!
http://www.reddit.com/r/vertcoin/comments/26thlw/dev_update/

Development update posted to blog: http://blog.vertcoin.org/


Thank you Boris!


The tide is forming.  Waves after waves I see new high can achieve with new features from 0.0014 to 0.01 and that is 700% jump forming a healthy 30 million small niche market.

Daily volumes of 500~600 BTC should achievable and miners will get only 15% of what they used to get.  Early adopters will regret they cannot see the opportunity of this moment. Getting 10~20k VTC can make you top 50 richest easily in VTC.  You cannot buy 10,000 VTC easily in normal days.  This is the bottom and the USD to BTC BTC to VTC is the only way to get it now.  Institutions are professional psychology expert and the interest in this 24/365 trading with zero regulations non stop playground will be more fun than the Wall Street.

BTC cannot rise 7x from USD$450 to $3000 but VTC can rise from USD$0.9 to $6
12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin | Scrypt N | Beat ASIC on: May 31, 2014, 11:58:27 AM
Vert price is stable around 1 dollar each ... its btc that is rising

The VTC rewards potential through speculation is very tempting now moving at large price swing in a short time.  The 100BTC volume daily is very steady and stable.  When market capitalization is $4 million I think the changes will be mant times larger than BTC or LTC.

Its amazing that buying is steady despite 20k sold within hours or 2%. now VTC is 7300BTC or 0.03% of total crypto market share.
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin | Scrypt N | Beat ASIC on: May 17, 2014, 02:51:04 PM
http://vertcoin.mingopool.com

20VTC block breaker bonus for first 10 block finders

It seems using rotomingo the hashrate increase due to reduction in the difficulty.  Is the rewards count by shares in kHash or combination with difficulty?

My R290X seems able to run consistently at 490kH/s up from 420kH/s while the difficulty drop by 20%.
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin | Scrypt N | Beat ASIC on: May 17, 2014, 12:44:40 PM

DarkCoin is now 10x larger exceeding growth of VTC.  Market of crypto prefer anonymous allies.

http://bitinfocharts.com/comparison/marketcap-drk-vtc.html

VTC need to accept market preference and going towards this directions.
Do you really think that graphs like these are healthy for a coin like DarkCoin?
From 6.8m to 25m market cap in a week?

Even if DRK has potential to become a stable coin, so much pressure on the market can completely destroy it.
https://bitcointalk.org/index.php?topic=421615.0
Just sit tight and watch how the delay in the masternode release plays around. How much do you think the marketcap is going to be a week from now? What if the masternode is delayed a few more times?
Money comes, money goes. Some times, its not related to just one or two reasons. And some times, anonymity is not as cool as you think.
"Market of crypto" is a complicated shit and you should not try to generalize it so easily.

P.S. And just in case you wonder, thats why people in this thread keep on saying they'd much rather watch a slow and stable growth instead of a pump

FIAT is for all to use and crypto has to be the same and not otherwise.  There is always exist a group preferred to be anonymous including those anonymous using FIAT to buy up BTC so there must be room to accommodate anonymous participants.

Values changed is due to market of exchange and not due to the crypto network itself.  So price stability depends on protocol which I think currently are still flaw.  HFT and large capital still can manipulate price change due to large capital.  Since we allow all amount move at light  speed, infinitely large capital can drive up or down values like FIAT and achieve price rigging.  If market prefer price stability and deter price volatility, a slowing mechanism in the exchange with public ledger alike with confirmation can achieve this easily.  The number of confirmation automatically adjust based on the amount of transactions between 2 different units.  So we need decentralized protocol of exchange and that will make all exchange become a node of operating like currently what the pool mining is working.
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin | Scrypt N | Beat ASIC on: May 17, 2014, 11:39:56 AM
someone was playing games 12 hours ago
nobody sold under 0,0023
but someone made ​​a dumping for the buy even cheaper coins, I can not figure out the end of the year the price will be close to 0.02
see cryptsy after 12 h


DarkCoin is now 10x larger exceeding growth of VTC.  Market of crypto prefer anonymous allies.

http://bitinfocharts.com/comparison/marketcap-drk-vtc.html

VTC need to accept market preference and going towards this directions.
16  Bitcoin / Bitcoin Discussion / Re: Investopedia wants to know if 1 Bitcoin could be worth $1 Billion USD? on: May 14, 2014, 06:51:40 PM
$1 billion is unreasonable. The USD monetary base is about $4 trillion ($800 billion before Bernanke went on his drunken money printing spree). So, if BTC completely replaced USD, 1 bitcoin would be worth $4 trillion divided by 21 million, or $190,000 and that is no where near $1 billion.

Why use monetary base when FIAT numbers are infinite?

BTC will lose all values when CB successfully gain control technically by destroying its trust by high volatility and stagnant liquidity.  Even BTC can now run by state controlled ASICS.

The BTC 2.0 must solve all the above 3 problems.  ASICS proof is a must.
17  Alternate cryptocurrencies / Altcoin Discussion / Re: The big VTC Vertcoin settings thread on: April 11, 2014, 12:42:36 PM
is it normal that WU less than kh/s on 290 non x? I got 420 kh/s and WU 319 m/s.

is it normal that WU less than kh/s  on 270x? I got 186 kh/s and WU 140-150 m/s.

Try reduce the Intensity?  I guess your 290 non X is -I 21.  Try -I 20.
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin-Adaptive N-factor Scrypt-No more ASICs-[EXCHANGES/AMAZON/ATM/MERCHANTS] on: March 23, 2014, 04:01:14 PM
SECURE THE NETWORK
If you don't wish to use p2pool, at least try to join a smaller pool. Ideally I'd love to see everyone using p2pool but that's not realistically going to happen and it's actually not ideal for very small (ie. less than one modern GPU) miners, but even if we could get all the traditional pools down to at most 15% of nethash, that would be a very significant achievement.
Sorry a bit OT with my opinion.

I think the cheapest method to deter ASICS or 51% is to make the protocol human and favour human more than ASICS.  The email password and ID password method should be incorporate into crypto network protocol requesting randomly authentication through the miners client.

The current arm race will promote largest capital to drive more ASICS out from foundries and the original rational to create BTC will fail to achieve the objective of de-centralized control.

There is 2 distinct form of market.  Free market comprise of human or market of robots HFT machines and ASICS.  The latter are non-human friendly.
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin-Adaptive N-factor Scrypt-No more ASICs-[EXCHANGES/AMAZON/ATM/MERCHANTS] on: March 21, 2014, 07:19:10 AM
dump incoming. Coinwarz gtfo
new miners incomming thanks to coinwarz!  Wink

Yes, we could do with a few at vtcpool.co.uk!



One of the longest running, most trusted VTC pools around

P2Pool (recommended) and traditional pool available for VTC

P2Pool: http://p2pool.vtcpool.co.uk:9171
Traditional MPOS pool: https://vtcpool.co.uk

P2Pool setup guide and FAQ


Why use p2pool?


  • Mined coins are deposited directly in your wallet in the generation payment for the block,
    they are never held by a pool wallet and can't be lost due to failures or hacking/thefts
  • Even if the node you connect to fails, you don't lose the coins you mined - your shares are distributed on the network
  • Distributed (less vulnerable to DoS attacks, less chance of big pools having enough hashrate to be capable of a 51% attack)
  • Private (you are paid with coinbase transactions and your public key is never seen on the network until you spend the funds)


Feel free to use https://vtcpool.co.uk if you prefer a traditional pool. Especially, users with lower hashrates may find earnings
are better on the traditional pool. There is room for a mixture of pool types, but please help further strengthen the decentralisation
of Vertcoin by using p2pool if it works well for you.

To mine on p2pool, use your VTC address as username, and any password, so your command line should be like:

vertminer -o stratum+tcp://p2pool.vtcpool.co.uk:9171 -u Vw44xQPqgwbqZVpRzPoHe6M4jAGYceiZZP -p x

Please follow the advice in the P2Pool setup guide and FAQ about setting your minimum
share difficulty - this will prevent HW errors and stales and improve your mining income.



I was mining yesterday abou 6-7h hours with 630kh and got not only one payout. Am i doing somthimg wrong ?

http://explorer.vertcoin.org/address/VnbgyKEKufRvSye8jmi74F3UEdyqRNr1X2


Run your own P2Pool instead of joining other p2pool.  Join large traditional pool like vtcweb.poolz.net.  I have wasted 3 days experience 3 p2pool without payout.  quit if you dont get any even a small amount.  Do not believe those who tell you to run for longer as you should get 0.1 VTC confirmed even in 1 hour.
20  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin-Adaptive N-factor Scrypt-No more ASICs-[EXCHANGES/AMAZON/ATM/MERCHANTS] on: March 16, 2014, 12:44:15 PM
vertminer --scrypt-vert -Q 0 -o 54.193.29.65:9171 -u VaP2FDRn3x2skj4tzFdXFqLL1Jn987fgR6 -p x --gpu-engine 1050 --gpu-memclock 1210 --auto-fan --temp-target 75 --temp-overheat 90 --temp-cutoff 95 --gpu-powertune -20 --worksize 256 -I 13 -g 1 --lookup-gap 1
Pages: [1] 2 3 4 5 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!