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

[blacklig]

Wouldn't a 1 MHz scrypt ASIC able to mine this at 500 KH is everyone is hashing at half their max? What is stopping from small gridseeds to scale?

haha, fortunatelly not ASICs are out of this..
they are built directly to be used on scrypt nothing else.. they are dumb devices doing just one task..
GPU can adapt to different n factor in this algo which will increase through time.. so even if they started to design new asics to VTC right now (and it is not really simple process), by the time its out, VTC may have higher n factor putting them again out of game
This is why VTC is and WILL be ASIC resistant...

ASIC prevention will kick in in two years. Adaptive N-Factor is BS branding. VertCoin is just another shitcoin

ASIC prevention is NOW, dude. Have you even tried to mine this coin? It's hard as hell. The developers here are aggressive and will listen to the community. ASIC prevention is key feature of this coin. They will change N-factor scheduling if needed.

It doesn't work. The mining process simply becomes more difficult for everybody mining the coin when the 'Asic prevention' kicks in.

This.  Looking at the code, that's part of the reason hash rates are half of what normal scrypt coins get.  When the next Nfactor tick kicks in, hash rates will cut in half again.

Worse yet, when that next Nfactor tick hits, all of those currently working settings that everybody has optimized for all their cards will start killing cards like the normal scrypt settings are for the current Nfactor.

Sure, it's ASIC-proof, but it'll end up being GPU-proof in just a tick or two as well.

the next n "kick" is schedulled at feb 2016.. two years from now.. I think, it is not that big problem to tweak cg miner once more after two years

| N        | Memory | Timestamp   | Date/Time                     |   |
|----------|--------|-------------|-------------------------------|---|
| 2048     | 256 kB | 1389306217  | Thu, 09 Jan 2014 22:23:37 GMT |   |
| 4096     | 512 kB | 1456415081  | Thu, 25 Feb 2016 15:44:41 GMT |   |
| 8192     | 1 MB   | 1506746729  | Sat, 30 Sep 2017 04:45:29 GMT |   |
| 16384    | 2 MB   | 1557078377  | Sun, 05 May 2019 17:46:17 GMT |   |
| 32768    | 4 MB   | 1657741673  | Wed, 13 Jul 2022 19:47:53 GMT |   |
| 65536    | 8 MB   | 1859068265  | Tue, 28 Nov 2028 23:51:05 GMT |   |
| 131072   | 16 MB  | 2060394857  | Tue, 17 Apr 2035 03:54:17 GMT |   |
| 262144   | 32 MB  | 2463048041  | Sun, 19 Jan 2048 12:00:41 GMT |   |
| 524288   | 64 MB  | 2999918953  | Fri, 23 Jan 2065 06:49:13 GMT |   |
| 1048576  | 128 MB | 3536789865  | Wed, 28 Jan 2082 01:37:45 GMT |   |
| 2097152  | 256 MB | 5684273513  | Mon, 16 Feb 2150 04:51:53 GMT |   |
| 4194304  | 512 MB | 7831757161  | Sat, 07 Mar 2218 08:06:01 GMT |   |
| 8388608  | 1 GB   | 9979240809  | Thu, 25 Mar 2286 11:20:09 GMT |   |
| 16777216 | 2 GB   | 16421691753 | Fri, 19 May 2490 21:02:33 GMT |   |
| 33554432 | 4 GB   | 22864142697 | Sun, 15 Jul 2694 06:44:57 GMT |   |

[1714480224]

1714480224

[1714480224]

1714480224

[geokilla]

This coin was created to kill GPUs as well as be ASIC resistant. A lot of GPUs are artifacting and dying trying to mine this. Going to stop mining when I get home tonight at midnight. Coin isn't profitable anyways.

[Romir]

This.  Looking at the code, that's part of the reason hash rates are half of what normal scrypt coins get.  When the next Nfactor tick kicks in, hash rates will cut in half again.

Worse yet, when that next Nfactor tick hits, all of those currently working settings that everybody has optimized for all their cards will start killing cards like the normal scrypt settings are for the current Nfactor.

Sure, it's ASIC-proof, but it'll end up being GPU-proof in just a tick or two as well.

Yaccoin is still faster using cudaminer and its already using the n-factor (32768) that Vercoin will be on in 2022.

[blacklig]

This coin was created to kill GPUs as well as be ASIC resistant. A lot of GPUs are artifacting and dying trying to mine this. Going to stop mining when I get home tonight at midnight. Coin isn't profitable anyways.

joker..
I had 2 GPUs died on normal scrypt.. here I am for some time and besides less power consumption, I dont see any problem with mining at all you cant just tweak it.. that s all..

[luthan]

does anyone have a guide of installing vertcoin-qt on ubuntu no graphical interface.  need this to get p2p running

[Kheg]

Wouldn't a 1 MHz scrypt ASIC able to mine this at 500 KH is everyone is hashing at half their max? What is stopping from small gridseeds to scale?

haha, fortunatelly not ASICs are out of this..
they are built directly to be used on scrypt nothing else.. they are dumb devices doing just one task..
GPU can adapt to different n factor in this algo which will increase through time.. so even if they started to design new asics to VTC right now (and it is not really simple process), by the time its out, VTC may have higher n factor putting them again out of game
This is why VTC is and WILL be ASIC resistant...

ASIC prevention will kick in in two years. Adaptive N-Factor is BS branding. VertCoin is just another shitcoin

ASIC prevention is NOW, dude. Have you even tried to mine this coin? It's hard as hell. The developers here are aggressive and will listen to the community. ASIC prevention is key feature of this coin. They will change N-factor scheduling if needed.

It doesn't work. The mining process simply becomes more difficult for everybody mining the coin when the 'Asic prevention' kicks in.

This.  Looking at the code, that's part of the reason hash rates are half of what normal scrypt coins get.  When the next Nfactor tick kicks in, hash rates will cut in half again.

Worse yet, when that next Nfactor tick hits, all of those currently working settings that everybody has optimized for all their cards will start killing cards like the normal scrypt settings are for the current Nfactor.

Sure, it's ASIC-proof, but it'll end up being GPU-proof in just a tick or two as well.

Yeah it's soooo hard to change a config every few years.
It's pathetic how they want to see Vertcoin dying.

Don't get me wrong, I definitely DON'T want to see it die.  I never said that at all.  (Okay, I may have implied that with the "This." statement, sorry.)

What I did mean to say is that I seriously doubt with the way that the code was designed that miners won't be able to keep up with it.  GPU mining speeds have been getting better each generation, yes, but those improvements have been INCREMENTAL, not EXPONENTIAL.

I think ASIC's will be working on VertCoin, especially if it maintains success, a lot quicker than you all think.  Adding memory to an ASIC design isn't quite as hard as people make it out to be.  It's more of an added cost and more power budget than anything else.  But if it's profitable, they'll do it.  Unless I messed something, VertCoin is still pretty much scrypt, it's not a huge change at all.

[mega]

I've been doing some reading and from newb to newbs I cant tell you that ASIC's will NOT be used to mine Vertcoins. I mean, it could be used, but as soon as the N Factor changes, a new ASIC would be necessary. So that is why this coin is very promising.

I trully believe this coin will be next big thing in cryptocurrencys.

[y3804]

What is so hard to understand?

I said it doesn't work because the mining process becomes more difficult for everybody. As some guy here said, GPUs wont be able to cope and eventually the only miners will be ASIC with larger memory

[Musent]

Help please. I have been trying to mine vertcoin for a day now and it shows that I'm not even mining but when I look at my screen I see:




This is the command I'm using:

timeout /t 30
cgminer --scrypt -o stratum+tcp://crunchpool.mooo.com:9171 -u [wallet address] -p password -I 13
-g 2 -w 256 --lookup-gap 2 --thread-concurrency 8192 --gpu-engine 1000 --gpu-memclock 1500 --temp-target 70 --
auto-fan

But, on this page, http://p2pool.crunchpool.com:9171/static/#tipsfaq, my miner doesn't show up and I have gotten 0 payouts. Any ideas?

[h4xX0r_1337]

What is so hard to understand?

I said it doesn't work because the mining process becomes more difficult for everybody. As some guy here said, GPUs wont be able to cope and eventually the only miners will be ASIC with larger memory

Just adding standard DDR3 RAM is too slow.

DDR3-2133 Peak Transfer Rate: 17066⅔ MB/s

GPU-Z says my 7950 has 240GB/s. And scrypt relies on memory speed.

The new FirePro cards will get 12GB of RAM for example.

Dunno how cheap an ASIC is with massive GPU memory and GPU bandwith + the risk that N would be changed.

And miners would still be able to compete with CPU mining with large amounts of RAM at high N against high memory ASICs.

[Basnoff]

Musent, append "+0.00[some value]" to your wallet address, see the p2p tips page for the value you need.

If your hashrate is about 1 MH/s for vertcoin than that value would be around 0.000235

So Vsdgegfgbsthe55twgtwrgw4tg+0.000235  as username.

[skleb]

Help please. I have been trying to mine vertcoin for a day now and it shows that I'm not even mining but when I look at my screen I see:

http://i204.photobucket.com/albums/bb292/Mackavellio/Untitled-2.jpg


This is the command I'm using:

timeout /t 30
cgminer --scrypt -o stratum+tcp://crunchpool.mooo.com:9171 -u [wallet address] -p password -I 13
-g 2 -w 256 --lookup-gap 2 --thread-concurrency 8192 --gpu-engine 1000 --gpu-memclock 1500 --temp-target 70 --
auto-fan

But, on this page, http://p2pool.crunchpool.com:9171/static/#tipsfaq, my miner doesn't show up and I have gotten 0 payouts. Any ideas?

You're actually doing more harm than good. Did you download the modified cgminer/vertminer for Vertcoin? I'm expecting you'll see about 1/2 those hash rates when you make the switch.

[Musent]

Musent, append "+0.00[some value]" to your wallet address, see the p2p tips page for the value you need.

If your hashrate is about 1 MH/s for vertcoin than that value would be around 0.000235

So Vsdgegfgbsthe55twgtwrgw4tg+0.000235  as username.

So, I did this as my username: -u Vce24ghKrRpqGSU8VDmHTJvVpJtmqoH1Fw+0.00047 since I have 2 mh/s. If this is right, how long until I can make sure it's working right and get a payout?

[Musent]

Help please. I have been trying to mine vertcoin for a day now and it shows that I'm not even mining but when I look at my screen I see:




This is the command I'm using:

timeout /t 30
cgminer --scrypt -o stratum+tcp://crunchpool.mooo.com:9171 -u [wallet address] -p password -I 13
-g 2 -w 256 --lookup-gap 2 --thread-concurrency 8192 --gpu-engine 1000 --gpu-memclock 1500 --temp-target 70 --
auto-fan

But, on this page, http://p2pool.crunchpool.com:9171/static/#tipsfaq, my miner doesn't show up and I have gotten 0 payouts. Any ideas?

You're actually doing more harm than good. Did you download the modified cgminer/vertminer for Vertcoin? I'm expecting you'll see about 1/2 those hash rates when you make the switch.

I did download the modded cgminer/vertminer but with the same command, the miner wouldn't even start?

[uswapme]

Help please. I have been trying to mine vertcoin for a day now and it shows that I'm not even mining but when I look at my screen I see:




This is the command I'm using:

timeout /t 30
cgminer --scrypt -o stratum+tcp://crunchpool.mooo.com:9171 -u [wallet address] -p password -I 13
-g 2 -w 256 --lookup-gap 2 --thread-concurrency 8192 --gpu-engine 1000 --gpu-memclock 1500 --temp-target 70 --
auto-fan

But, on this page, http://p2pool.crunchpool.com:9171/static/#tipsfaq, my miner doesn't show up and I have gotten 0 payouts. Any ideas?

You're actually doing more harm than good. Did you download the modified cgminer/vertminer for Vertcoin? I'm expecting you'll see about 1/2 those hash rates when you make the switch.

I did download the modded cgminer/vertminer but with the same command, the miner wouldn't even start?

can you tell what gpu's you got?

[Musent]

Help please. I have been trying to mine vertcoin for a day now and it shows that I'm not even mining but when I look at my screen I see:




This is the command I'm using:

timeout /t 30
cgminer --scrypt -o stratum+tcp://crunchpool.mooo.com:9171 -u [wallet address] -p password -I 13
-g 2 -w 256 --lookup-gap 2 --thread-concurrency 8192 --gpu-engine 1000 --gpu-memclock 1500 --temp-target 70 --
auto-fan

But, on this page, http://p2pool.crunchpool.com:9171/static/#tipsfaq, my miner doesn't show up and I have gotten 0 payouts. Any ideas?

You're actually doing more harm than good. Did you download the modified cgminer/vertminer for Vertcoin? I'm expecting you'll see about 1/2 those hash rates when you make the switch.

I did download the modded cgminer/vertminer but with the same command, the miner wouldn't even start?

can you tell what gpu's you got?

I have ASUS R9 280x (3 of them). I was able to get vertminer going just now but each card is only pulling 130 kh/s with this command:

timeout /t 30
vertminer -o stratum+tcp://crunchpool.mooo.com:9171 -u [wallet] -p password --expiry 1
--scan-time 1 --queue 0

Any params I should add to get better hashrate?

[Basnoff]

Musent, append "+0.00[some value]" to your wallet address, see the p2p tips page for the value you need.

If your hashrate is about 1 MH/s for vertcoin than that value would be around 0.000235

So Vsdgegfgbsthe55twgtwrgw4tg+0.000235  as username.

So, I did this as my username: -u Vce24ghKrRpqGSU8VDmHTJvVpJtmqoH1Fw+0.00047 since I have 2 mh/s. If this is right, how long until I can make sure it's working right and get a payout?

Go to the pool's site (http://crunchpool.mooo.com:9171/static) and go to the "graphs" page.
Under your wallets address you should see two graphs, compare to others and see if you get anything in the lower graph.
Might take a while.

Edit: You didn't configure your card at all, check the page dedicated to card settings. (See first page of this thread)
Edit2: Oh, in the message before your last one you did set parameters, disregard ^

[Musent]

Musent, append "+0.00[some value]" to your wallet address, see the p2p tips page for the value you need.

If your hashrate is about 1 MH/s for vertcoin than that value would be around 0.000235

So Vsdgegfgbsthe55twgtwrgw4tg+0.000235  as username.

So, I did this as my username: -u Vce24ghKrRpqGSU8VDmHTJvVpJtmqoH1Fw+0.00047 since I have 2 mh/s. If this is right, how long until I can make sure it's working right and get a payout?

Go to the pool's site (http://crunchpool.mooo.com:9171/static) and go to the "graphs" page.
Under your wallets address you should see two graphs, compare to others and see if you get anything in the lower graph.
Might take a while.

Edit: You didn't configure your card at all, check the page dedicated to card settings. (See first page of this thread)

Awesome! Will do, thanks for the help!

Edit: Updated settings for card and getting ~300 now. Thanks for everyone's help

[mr_random]

What is so hard to understand?

I said it doesn't work because the mining process becomes more difficult for everybody. As some guy here said, GPUs wont be able to cope and eventually the only miners will be ASIC with larger memory

GPUs will improve due to moores law + memory becoming cheaper & smaller.

[mik_druid]

Difficulty = 102
#14 on http://coinmarketcap.com/

Guys! Difficulty is now 149 .

SHit! So hard to mine!!!!