Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer

[jk_14]

but:
why 0.012 for VTC?

Just for comparison inflation at the same price.

but:
why the same price, as I continously try to remind, that these coins are not equal in some aspects

[1714608732]

1714608732

[1714608732]

1714608732

[iGoodw1n]

but:
why 0.012 for VTC?

Just for comparison inflation at the same price.

but:
why the same price, as I continously try to remind, that these coins are not equal in some aspects

How can I compare two coins with different price?

[executter]

why compare vtc against a shitty & instamined coin like drk.
see first blocks :
vtc => 50 as today
drk => 500 (against 5 today)

drk is not fair.

[daboehla]

I only don't worry about price?! 

yesterday arrived my new video card - I made a good deal 

I keep mining VTC - do it and you

greater difficulty = bye bye bye multipool = no dump

good luck, how much you pay for electricity, also mine and keep don't dump

i have a couple of those same exact GPUs in my dedicated gaming rig

in my country
1 kw/h - day tariff  0,077358974 EUR
1 kw/h - night tariff  0,048502564 EUR

BUT
electricity is not discussed at this stage    / one day you will remember about me /


PS
as I took them at a very good price

my electricity is even cheaper , 0.03 ~ 0.05$ / KwH

it will always be profitable for me to mine and dump but i'm not gonna do this ever not selling my vtc @ these pathetic prices ....

want to hold my rig ?? :O
I pay about 0.17€ / kW/h! And still mining Vertcoin

[rontz]

Dark
Marketcap 56,410BTC
Coins daily 2000@0.01210000=24BTC
Daily inflation=0.042% (15% /year)

Vert
Marketcap  4,150BTC
coins daily 28800@0.00073=21BTC
Daily inflation=0.5%  (182%/year)

But it is not easy to say what should be the normal inflation.
If everybody in the world would use Vert and inflation would be 182% then ok it is dead.
But without knowing how much new people each day adopt the coin it is very hard to say if it is too little or too much inflation.

[jk_14]

why compare vtc against a shitty & instamined coin like drk.
see first blocks :
vtc => 50 as today
drk => 500 (against 5 today)

drk is not fair.

of course - and that is one of many reasons, why a real investors will avoid DRK

[Kalizar]

I only don't worry about price?! 

yesterday arrived my new video card - I made a good deal 

I keep mining VTC - do it and you

greater difficulty = bye bye bye multipool = no dump

good luck, how much you pay for electricity, also mine and keep don't dump

i have a couple of those same exact GPUs in my dedicated gaming rig

in my country
1 kw/h - day tariff  0,077358974 EUR
1 kw/h - night tariff  0,048502564 EUR

BUT
electricity is not discussed at this stage    / one day you will remember about me /


PS
as I took them at a very good price

my electricity is even cheaper , 0.03 ~ 0.05$ / KwH

it will always be profitable for me to mine and dump but i'm not gonna do this ever not selling my vtc @ these pathetic prices ....

want to hold my rig ?? :O
I pay about 0.17€ / kW/h! And still mining Vertcoin

Sometimes, I find myself having a hard time believing people are willing to pay these electric prices... PERIOD.

0.17€ = 0.23$

I pay, right now, 0.06$ per KW/h.

Running just our standard appliances, air conditioning, electronics (mining rig not included) pushes our bill to around $125 a month.

If I paid your electricity, just to live, I would get hit with 400-500 dollars a month. With my mining rig, try over 1,000.

Have Americans always had this cheap of electricity in comparison? Also, how does the cost of living balance out? Where I live, gas/heating, water (great lakes), and taxes is not cheap!

[iGoodw1n]

Dark
Marketcap 56,410BTC
Coins daily 2000@0.01210000=24BTC
Daily inflation=0.042% (15% /year)

Vert
Marketcap  4,150BTC
coins daily 28800@0.00073=21BTC
Daily inflation=0.5%  (182%/year)

But it is not easy to say what should be the normal inflation.
If everybody in the world would use Vert and inflation would be 182% then ok it is dead.
But without knowing how much new people each day adopt the coin it is very hard to say if it is too little or too much inflation.

I think lesser inflation is better.

[jk_14]

Dark
Marketcap 56,410BTC
Coins daily 2000@0.01210000=24BTC
Daily inflation=0.042% (15% /year)

Vert
Marketcap  4,150BTC
coins daily 28800@0.00073=21BTC
Daily inflation=0.5%  (182%/year)

But it is not easy to say what should be the normal inflation.
If everybody in the world would use Vert and inflation would be 182% then ok it is dead.
But without knowing how much new people each day adopt the coin it is very hard to say if it is too little or too much inflation.

true, so let's make algo adoption-dependent


Blackcoin
Marketcap ~20,000BTC
Coins daily 14,4million @ ? = probably plenty of BTC/ day

btw: what was approx. price of BC during PoW phase...?

[rontz]

Sometimes, I find myself having a hard time believing people are willing to pay these electric prices... PERIOD.
0.17€ = 0.23$
I pay, right now, 0.06$ per KW/h.
Running just our standard appliances, air conditioning, electronics (mining rig not included) pushes our bill to around $125 a month.
If I paid your electricity, just to live, I would get hit with 400-500 dollars a month. With my mining rig, try over 1,000.

Have Americans always had this cheap of electricity in comparison? Also, how does the cost of living balance out? Where I live, gas/heating, water (great lakes), and taxes is not cheap!

I live in east EU 0.11€  kw/h  country average yearly salary 8500€

I believe gas and electricity always cheaper in US than EU
probably 1 thing is that US has not agreed on kyoto treaty and  does not care how dirty the power stations are.
another thing probably is just because of dollar and cheap oil and stuff from "liberated" countries 

[daboehla]

want to hold my rig ?? :O
I pay about 0.17€ / kW/h! And still mining Vertcoin

Sometimes, I find myself having a hard time believing people are willing to pay these electric prices... PERIOD.

0.17€ = 0.23$

I pay, right now, 0.06$ per KW/h.

Running just our standard appliances, air conditioning, electronics (mining rig not included) pushes our bill to around $125 a month.

If I paid your electricity, just to live, I would get hit with 400-500 dollars a month. With my mining rig, try over 1,000.

Have Americans always had this cheap of electricity in comparison? Also, how does the cost of living balance out? Where I live, gas/heating, water (great lakes), and taxes is not cheap!

Ok then you need much electricity !! ^^
In our family house (5 Persons) we have paid for 5.000 kW/h last year (Without miner, but also 5 pcs, tv, router..., cocking,..)
This made about 5.000 * 0,17€ = 850€ => 70€ a Month.
Ok we have no air conditioning ^^.

But our House heating is free because we get our timber personally from our forests.

In the house where is my rig, i calc about 150€ - 200€ for elctricity and about 20€ for water. ^^

[cyberhacker]

price drops due to multipool

i think vertcoin dev have to figure out a way to beat multipool.

ppl are dumping PoW coins to buy p&d coin (pure pos)

is it possible to change Vertcoin to pure PoS or reduce the reward like DRK did?

[Kalizar]

Sometimes, I find myself having a hard time believing people are willing to pay these electric prices... PERIOD.
0.17€ = 0.23$
I pay, right now, 0.06$ per KW/h.
Running just our standard appliances, air conditioning, electronics (mining rig not included) pushes our bill to around $125 a month.
If I paid your electricity, just to live, I would get hit with 400-500 dollars a month. With my mining rig, try over 1,000.

Have Americans always had this cheap of electricity in comparison? Also, how does the cost of living balance out? Where I live, gas/heating, water (great lakes), and taxes is not cheap!

I live in east EU 0.11€  kw/h  country average yearly salary 8500€

I believe gas and electricity always cheaper in US than EU
probably 1 thing is that US has not agreed on kyoto treaty and  does not care how dirty the power stations are.
another thing probably is just because of dollar and cheap oil and stuff from "liberated" countries 

.11 EU is not bad. The average in the US is .12 USD. I live in a city/suburb so that might explain cheap prices here. Average salary in the US is 45,000-50,000 USD.

I believe the power stations here, NE OHIO, are based off the great lakes along with our water filtration system. (top 5 in US) It's so good, China is buying it from us =P

I don't see how we have benefited from liberating countries though. That, in fact, has made things more expensive. In 1995, as a young boy, I recall gas pumps saying .50-.80 per gallon. In 2005, the average became 2.50 per gallon. I will not blame all US perils on military occupation, but I believe globalization is a major contributing factor. (I am not entirely against globalization)

[iGoodw1n]

price drops due to multipool

i think vertcoin dev have to figure out a way to beat multipool.

ppl are dumping PoW coins to buy p&d coin (pure pos)

is it possible to change Vertcoin to pure PoS or reduce the reward like DRK did?

Pure POS is not good.

[Crypto_EX]

I only don't worry about price?! 

yesterday arrived my new video card - I made a good deal 

I keep mining VTC - do it and you

greater difficulty = bye bye bye multipool = no dump

good luck, how much you pay for electricity, also mine and keep don't dump

i have a couple of those same exact GPUs in my dedicated gaming rig

well electricity is the only thing cheap in the third world , you can't have it all i guess
in my country
1 kw/h - day tariff  0,077358974 EUR
1 kw/h - night tariff  0,048502564 EUR

BUT
electricity is not discussed at this stage    / one day you will remember about me /


PS
as I took them at a very good price

my electricity is even cheaper , 0.03 ~ 0.05$ / KwH

it will always be profitable for me to mine and dump but i'm not gonna do this ever not selling my vtc @ these pathetic prices ....

want to hold my rig ?? :O
I pay about 0.17€ / kW/h! And still mining Vertcoin

[Crypto_EX]

price drops due to multipool

i think vertcoin dev have to figure out a way to beat multipool.

ppl are dumping PoW coins to buy p&d coin (pure pos)

is it possible to change Vertcoin to pure PoS or reduce the reward like DRK did?

what are you talking about lol, why you wanna go and make our coin just some other p&d no name coin...

[rontz]

First i say that i do not know much about specifics of how the diff change algos and stuff works.
So not sure if i make any good sense.

But what about such idea:
When multipools enter they cause spike in network hash rate.
and as hash rate increases diff increases i do not know if it is linear relation or not.

But what if in case of big spike in hash rate change, the difficulty rate would overreact.
So lets say 600mh enters suddenly network then diff would jump exponentially (overreacting) and would take some time to calm down to the level it should be at such network hashrate.
Like creating resistance or inertia.
So when Multipool jumps in it must initially stay in not profitable environment and wait for it to become profitable. So all kind of jumping is discouraged.

And if network hasrate grows in normal slow rate then such resistance would be practically non existent.

[silencesilence]

pump incoming 

cryptsy buy orders
0.00075250   1159.15613620   0.87226499
0.00075000   2343.30707897   1.75748031
0.00074800   36096.69877445   27.00033068

[jk_14]

but:
why 0.012 for VTC?

Just for comparison inflation at the same price.

but:
why the same price, as I continously try to remind, that these coins are not equal in some aspects

How can I compare two coins with different price?

Just an xample:

"Litecoin has problem, because if ltc would be at 650 USD price - it means 8x inflation (in USD) than bitcoin."

[sema98]

Where I can download CPU miner 64bit for vertcoins?