[ANN] #3 [XUN] UltraNote is READY, Everyone is welcome to mine.

[Liten]

AMD FX8320 4.5Ghz+Intell I7 QM2730 = 900 XUN
3 hours at the beginning.
From 70 to 200 block.

And apparently everything, the complexity has risen.
Now the guys with the servers will come and that's it, the end.

[1714117500]

1714117500

[whothehellcares]

Some math, and a question.  85 billion - 18 billion ( reserve ) is 67 billion.  Payout is 150-1500 per two minute block.  Assume a 1500 payout all the time, since the exact payout is unknown.

71 billion coins / 1500 coins per block is ( rounding all figures ) 45 million blocks.  45 million blocks  x 2 minutes per block is 90 million minutes.  Or 1,500,000 hours, or 62,000 days, or 170 years? A bit optimistic, don't you think?

It would take 46 years of mining just to equal the reserve......

What is the rest of the story?

*edited to correct math with correct reserve amount*

[Iced]

AMD FX8320 4.5Ghz+Intell I7 QM2730 = 900 XUN
3 hours at the beginning.
From 70 to 200 block.

And apparently everything, the complexity has risen.
Now the guys with the servers will come and that's it, the end.

you should be happy that you've received something lol mine's still 0

[Galapagos]

... dual xeon system, 32 core for two hours and still 0...... I could be not very lucky but here something is not completely right.....

[TheKryptonian]

18 billion reserve is so high.  Who will want to invest in the coin with such a large dev share?  Devs will always hold 95%+ of the coin.  No one wants to invest in 0.001% of a coin.

[raven1322]

18 billion reserve is so high.  Who will want to invest in the coin with such a large dev share?  Devs will always hold 95%+ of the coin.  No one wants to invest in 0.001% of a coin.

isn't it actually 18B/85B = 21.17% dev share? but at any rate, as a user pointed out in an earlier post, it will take at least 170 years (67B minable coins at 1500 maximum block reward every 2 minutes) to mine the entire supply, which may be too optimistic..

[hieu81]

Dear all
How can i mining this coin used my PC! I try this UltraNoteWallet-WIN-1.0.0, but i can run miner file

[SmallRig]

lol . this coin again .. we all will mine then it will crash.. We waste our electricity ..
3rd time u guys are launching .. And guess what ? the diff is so high ? or u guys messed up again ?? No block to be found..

stop wasting ur energy on this.. not worth !

[mattmct]

I had coins on the second launch, nothing so far on the 3rd.

They say no pre-mine, but took 18 billion coins, where only 108,000 coins are mined a day, unless my maths is wrong, it will take 461 years to equal that amount of dev coins.

That sounds pretty crazy to me.

[mattmct]

Some math, and a question.  85 billion - 18 billion ( reserve ) is 67 billion.  Payout is 150-1500 per two minute block.  Assume a 1500 payout all the time, since the exact payout is unknown.

71 billion coins / 1500 coins per block is ( rounding all figures ) 45 million blocks.  45 million blocks  x 2 minutes per block is 90 million minutes.  Or 1,500,000 hours, or 62,000 days, or 170 years? A bit optimistic, don't you think?

It would take 46 years of mining just to equal the reserve......

What is the rest of the story?

*edited to correct math with correct reserve amount*

This exactly. So far it looks like rewards is just 150. So it looking more like 460 years right now lol.

[egynw]

This project is very interested me! What about your Bounty?

Soon
#2nd Day
https://twitter.com/Ultranotecoin/status/927103089076850688

[Liten]

It was very ugly to raise the pool, from which there are no payments.
And do not tell Dev you do not know about him.
http://xun.minecrypto.de/

WTF?
http://xun.minecrypto.de/#payments


A new type of premine?

[commax]

Wait for the pool

[sefirotius]

any news for pool?

[Liten]

http://xun.minecrypto.de/
Collects most of the coins and pays nobody.

This is not fair. So do not normal people.

[egynw]

any news for pool?

Please wait

Pool will be released under 48h and it will be possible to mine using the GUI wallet. If you want to create a pool then please just wait to release node pool source on github.

[egynw]

Hello all,
We Dont Upload Our New Code On github yet And the same for the pool, So any Pool Should Be scam For Now.
https://twitter.com/Ultranotecoin/status/927134466627309570

[chamika888]

im mining for this still nothing.will see what happen.

[barssib]

Why such a huge pre-mine?  After all, miners will need 45-450 years, for such a prey as yours

[Liten]

egynw
Data from http://xun.minecrypto.de/#, coincide with http://explorer.ultranote.org/



So, can someone tell the truth?