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

[tifozi]

I love how the whale has been a constant focus here on the thread.   Could be a work-in-progress/established exchange/institution.

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[dasmith08]

Just my 2 cents...

I've been mining VTC about 2 weeks now and even with the lower VTC/BTC that so many seem to be bashing, I'm still bringing in >0.04 BTC per day, which is about double what I was getting with DOGE. Call me crazy, but I'm pretty happy with nearly paying my rent each month just by flipping a switch on a computer. And if VTC goes where I think it will, I'll pay off a lot more than my rent.

For GPU miners perusing this thread, this is a great coin with longevity that I think is going to come into its own in the next ~6 months as scrypt ASICs come to dominate the mining scene for LTC and it's brethren. Yeah, there is a little bit of a learning curve associated with getting your mining rigs online, but I know pretty much nothing about linux and I was able to get it going in about an hour with the amazing help found on vertcoin.org and this thread, so it's well worth trying it out.

Haters are always going to hate and those in it for the Ponzi-style pump and dump are probably not going to love this coin, and I say good riddance. Keep your GPU's making you money longer with Vertcoin.

[mfedorov]

Just my 2 cents...

I've been mining VTC about 2 weeks now and even with the lower VTC/BTC that so many seem to be bashing, I'm still bringing in >0.04 BTC per day, which is about double what I was getting with DOGE. Call me crazy, but I'm pretty happy with nearly paying my rent each month just by flipping a switch on a computer. And if VTC goes where I think it will, I'll pay off a lot more than my rent.

For GPU miners perusing this thread, this is a great coin with longevity that I think is going to come into its own in the next ~6 months as scrypt ASICs come to dominate the mining scene for LTC and it's brethren. Yeah, there is a little bit of a learning curve associated with getting your mining rigs online, but I know pretty much nothing about linux and I was able to get it going in about an hour with the amazing help found on vertcoin.org and this thread, so it's well worth trying it out.

Haters are always going to hate and those in it for the Ponzi-style pump and dump are probably not going to love this coin, and I say good riddance. Keep your GPU's making you money longer with Vertcoin.

Totally agreed, still making double of what I used to make mining LTC and at the same time enjoying mining the coin that I believe has a great future!

[xingqiaoyin]

I fail to understand how mining with the same rig can double earnings vs doge ? It's about equal nowadays with a bit uppper hand in vtc ? 5Mh/s doge about 0.05 btc. 2.5Mh/s vtc now is about 0.06 btc? Am i missing anything ?

[dasmith08]

I fail to understand how mining with the same rig can double earnings vs doge ? It's about equal nowadays with a bit uppper hand in vtc ? 5Mh/s doge about 0.05 btc. 2.5Mh/s vtc now is about 0.06 btc? Am i missing anything ?

The "double earnings" aspect is with respect to my historical earnings with DOGE. At the current difficulty, estimates put me at about 0.03 BTC/day with my hashrate, so not quite double. Even then, when I compared my average daily earnings over a 14 day period on DOGE, I found that I was consistently about 30% under the what most estimate calculators put me at. So while it's idle speculation, I would still say that in reality, I would be making 0.025-0.03 BTC/day on DOGE, and my actual earnings with VTC (with the suppressed exchange) are >0.04 BTC/day.

Interestingly, it seems that over the past couple weeks I've been able to get very close to my "estimated daily earnings" listed on the pool, which was never the case with DOGE. I don't know if there is just more fluctuation with DOGE or what, but I personally like knowing that at my hashrate, the calculators say 15 coins and I get ~15 coins.

[mfedorov]

I fail to understand how mining with the same rig can double earnings vs doge ? It's about equal nowadays with a bit uppper hand in vtc ? 5Mh/s doge about 0.05 btc. 2.5Mh/s vtc now is about 0.06 btc? Am i missing anything ?

The "double earnings" aspect is with respect to my historical earnings with DOGE. At the current difficulty, estimates put me at about 0.03 BTC/day with my hashrate, so not quite double. Even then, when I compared my average daily earnings over a 14 day period on DOGE, I found that I was consistently about 30% under the what most estimate calculators put me at. So while it's idle speculation, I would still say that in reality, I would be making 0.025-0.03 BTC/day on DOGE, and my actual earnings with VTC (with the suppressed exchange) are >0.04 BTC/day.

Interestingly, it seems that over the past couple weeks I've been able to get very close to my "estimated daily earnings" listed on the pool, which was never the case with DOGE. I don't know if there is just more fluctuation with DOGE or what, but I personally like knowing that at my hashrate, the calculators say 15 coins and I get ~15 coins.

This is exactly the reason why I stopped mining doge. I was getting 30-40% less that what was estimated. I've tried several pools. My rate was around 30Mh

[publicjud]

I love how the whale has been a constant focus here on the thread.   Could be a work-in-progress/established exchange/institution.

When one address controls over 1/20th of a coin, that seams rather risky.

[BorisTheSpider]

I've been mining VTC about 2 weeks now and even with the lower VTC/BTC that so many seem to be bashing, I'm still bringing in >0.04 BTC per day, which is about double what I was getting with DOGE. Call me crazy, but I'm pretty happy with nearly paying my rent each month just by flipping a switch on a computer. And if VTC goes where I think it will, I'll pay off a lot more than my rent.

For GPU miners perusing this thread, this is a great coin with longevity that I think is going to come into its own in the next ~6 months as scrypt ASICs come to dominate the mining scene for LTC and it's brethren. Yeah, there is a little bit of a learning curve associated with getting your mining rigs online, but I know pretty much nothing about linux and I was able to get it going in about an hour with the amazing help found on vertcoin.org and this thread, so it's well worth trying it out.

Haters are always going to hate and those in it for the Ponzi-style pump and dump are probably not going to love this coin, and I say good riddance. Keep your GPU's making you money longer with Vertcoin.

Thanks for the positive comments. We are also working at the moment on getting a wiki up to help new miners get set up quickly - the dev who is donating the domain has just been so busy with other urgent VTC dev stuff it hasn't happened yet, but it won't be long. One of the things we really want to get on top of is making the whole VTC ecosystem, from mining, to buying/selling, and using it with merchants as accessible and easy as possible.

[brooklynite]

I fail to understand how mining with the same rig can double earnings vs doge ? It's about equal nowadays with a bit uppper hand in vtc ? 5Mh/s doge about 0.05 btc. 2.5Mh/s vtc now is about 0.06 btc? Am i missing anything ?

Interestingly, it seems that over the past couple weeks I've been able to get very close to my "estimated daily earnings" listed on the pool, which was never the case with DOGE. I don't know if there is just more fluctuation with DOGE or what, but I personally like knowing that at my hashrate, the calculators say 15 coins and I get ~15 coins.

What pool are you mining on?

The coins you mine compared to number shown under POOL link or coinwarz calculator has nothing to do with the COIN itself, but it has to do with the pool you are mining with, its the POOL owners stealing percentage rate. Most pool owners (with a few exceptions like hash.so and bitcoop.org and dogehouse.org) steal some coins. Some big known guys steal like 50% and some steal 30% and most of them at least steal 15%. And no one cares. I started a thread about this and barely anyone responded. Thats what happens when it rains free coins from thin air. The theft is not advertised. You are probably on an honest pool. MPOS software makes it tremendously easy to steal coins its just a matter of inputting an extra hashrate or tweaking a number in percentage. So the 1% fee you see is BULLSHIT.

[brooklynite]

I've been mining VTC about 2 weeks now and even with the lower VTC/BTC that so many seem to be bashing, I'm still bringing in >0.04 BTC per day, which is about double what I was getting with DOGE. Call me crazy, but I'm pretty happy with nearly paying my rent each month just by flipping a switch on a computer. And if VTC goes where I think it will, I'll pay off a lot more than my rent.

For GPU miners perusing this thread, this is a great coin with longevity that I think is going to come into its own in the next ~6 months as scrypt ASICs come to dominate the mining scene for LTC and it's brethren. Yeah, there is a little bit of a learning curve associated with getting your mining rigs online, but I know pretty much nothing about linux and I was able to get it going in about an hour with the amazing help found on vertcoin.org and this thread, so it's well worth trying it out.

Haters are always going to hate and those in it for the Ponzi-style pump and dump are probably not going to love this coin, and I say good riddance. Keep your GPU's making you money longer with Vertcoin.

Thanks for the positive comments. We are also working at the moment on getting a wiki up to help new miners get set up quickly - the dev who is donating the domain has just been so busy with other urgent VTC dev stuff it hasn't happened yet, but it won't be long. One of the things we really want to get on top of is making the whole VTC ecosystem, from mining, to buying/selling, and using it with merchants as accessible and easy as possible.

That wold be great because I just downlaoded CUDAMINER and it just popped a screen open and closed. run.bat just gives an error message and I could not find any how-to guides on the site except for LINUX users.


Now CUDAMINER is in the memory running and interestingly does not show up in my task manager or services. I know its running because I cant rename the folder it started running from. So what is the secret nature of CUDAMINER running in the dark? Does not show up as an applicatino or service in task manager for windows. Would you please advise?

[Amph]

new version of vertminer is already out?

[deky_]

BTW: here is a hardware comparison list for VTC, very useful for anyone still in process of setting up their rigs for mining VTC

http://www.verters.com/vertcoin-hardware-list

[ByronP]

VTC Vertcoin is now active on Atomic-Trade.com

[mega]

Vote for Vertcoin:

https://bitcointalk.org/index.php?topic=466134.20

[BorisTheSpider]

Now CUDAMINER is in the memory running and interestingly does not show up in my task manager or services. I know its running because I cant rename the folder it started running from. So what is the secret nature of CUDAMINER running in the dark? Does not show up as an applicatino or service in task manager for windows. Would you please advise?

Strange, I suspect it may not be running properly but might be zombified in some way. I'm sorry I can't really help as I've never run CUDAMiner, but some people in https://bitcointalk.org/index.php?topic=416572.new#new must know - I'd ask there, as you're more likely to get attention from someone who can help.

[deky_]

Vote for Vertcoin:

https://bitcointalk.org/index.php?topic=466134.20

Done

[mfedorov]

Guys, can someone clarify or confirm that MSI R9 270X 2G will give 400kh, even if 300... Maybe water cooled.

Thanks

[ontopicplease]

You guys are amazing. those new features are 

Trading VTC for USD
p2p exchange,
Payment plugins
Talks with Mastercard

This is what I applaud to, this is how a virtual currency should be properly developed.
Buying another 50. Thanks!

First time I do this +1

[kb24mvp]

Vote for Vertcoin:

https://bitcointalk.org/index.php?topic=466134.20

Done... would help the community if everyone threw in a vote

[Sinyk7]

Guys, can someone clarify or confirm that MSI R9 270X 2G will give 400kh, even if 300... Maybe water cooled.

Thanks

not mining vtc, not even close. Maybe like 200-230