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

[roy7]

how come miners are going to be more profitable on p2pools? I have 2.5 mhs on kilovolt so does it make more sense to put it into p2pool?

If the fees are the same (running a p2pool node yourself means no fee of course, some of the public nodes have fees) then you should make the same long-term. At that point the only difference I can think of would be when p2pool finds a block it is shared via the p2pool network as well as through vertcoind so maybe it gets accepted more quickly, to reduce orphans.

[1715049185]

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[1715049185]

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[Zombie123]

Frankly I have been mining this coin on and off. I did sell it off at .00055 didnt realize it will hit the wall so soon lol

[dotnetmin]

Hi,

i am new in VTC and came to it doing research about ASIC miners for scypt coins. I have a 2MH GPU rig with BAMT. Only 2GB Ram and slowest CPU.
So this is not useful for mining VTC.
I have some questions maybe you can answer

- SHA-256 coins like BTC, TRC ...can only be mined with ASIC´s machines or can i mine these coins also with GPU ( but will have no chance against the ASICs )
- were the BTC miners replaced completely by ASICs in the past ?
- my GPU rig will become worthless after the ASIC´s will come to scrypt coins ? Two simple USB sticks used on a old notebook can replace my whole machine
  running on low energy compared to the GPU´s
- how do i have to rebuild my machine mining VTC

Thanks

[blacklig]

Hi,

i am new in VTC and came to it doing research about ASIC miners for scypt coins. I have a 2MH GPU rig with BAMT. Only 2GB Ram and slowest CPU.
So this is not useful for mining VTC.
I have some questions maybe you can answer

- SHA-256 coins like BTC, TRC ...can only be mined with ASIC´s machines or can i mine these coins also with GPU ( but will have no chance against the ASICs )
- were the BTC miners replaced completely by ASICs in the past ?
- my GPU rig will become worthless after the ASIC´s will come to scrypt coins ? Two simple USB sticks used on a old notebook can replace my whole machine
  running on low energy compared to the GPU´s
- how do i have to rebuild my machine mining VTC

Thanks

Your 2 MHs rig is totally OK for VTC.. no problem at all.. just download miner, use same settings with bit lower TC as for scrypt and mine, it will work. I mine even on 350 kh/s.. (which is normally 700 kh/s on scrypt) and coins are comming and comming..

And yes, ASICs will probably replace normall GPU miners in future, but only scrypt asics.. hope that VTC AISCs wont be here for looong time and sooner you start, better you are

[BorisTheSpider]

how come miners are going to be more profitable on p2pools? I have 2.5 mhs on kilovolt so does it make more sense to put it into p2pool?

Lower fees (average of p2pool nodes is 1% vs. 2% for traditional pools), you are paid direct to your wallet in the coinbase transaction for the block so there's no cost (transaction fee) for withdrawing your coins from the pool (because the pool never holds them), and also in p2pool you are paid your share of any transaction fees in the block.

[luthan]

i have a 6870 and a 290x.  the 6870 works fine but right when i start the miner, 290x fails.  anyone else experience this?

using the default config that came with the miner for now.

[moonbat]

I could not understand, that reminds me of the logo Vertcoin. And then I remembered! But the sign is reversed, apparently Vertcoin when fighting, ready to repel the invasion of ASICs . When the peace - the logo is restored  


THIS IS VERTCOIN ! NO ASICS !

oh man someone recolor the shields to vert and white colors 

This is such a cool image OP, I wish I had the photoshop skills to do what you suggest. Anyone up for it?

[moonbat]

Trading volume for Vertcoin overtook dogecoin today

Great volume,  #1 percentage gain on the day as well. Moved to 42 in market cap. No real competition to speak of looking at the field.





Not bad for a saturday.

I'm trying to keep the interest up on Twitter, tweeting out news like this with #VTC and #Vertcoin hash tags, I'm @Moonbat4. It would be great if Vertcoin himself could do a daily tweet update - would this be a possibility?

[mr_random]

The best way to market this coin is to make sure we mention it whenever we see a discussion about Litecoin ASICs anywhere (whether it's here, on r/litecoin, the litecoin forums etc).

When people complain about the Litecoin ASICs are coming, tell them about vertcoin! Make it clear it's GPU friendly and it's based off scrypt just like litecoin.

If we market this correctly I see huge growth potential. We want Vertcoin as the the default "go-to" coin for disgruntled Litecoiners. Whenever Litecoin ASICs get mentioned, we want Vertcoin to be the first coin that gets mentioned next.

[BorisTheSpider]

P2Pool (recommended) and traditional pool available for VTC

P2Pool: http://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://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.

[BorisTheSpider]

Request VTC at more exchanges

If you'd like to trade VTC at more exchanges, please request via the following links:

• Coinex.pw helpdesk
• Coinex.pw Request Thread
• Cryptsy hepdesk
• Crypto-trade.com helpdesk
• Tweet to @CoinexPW using hashtags #Vertcoin and #VTC
• Tweet to @cryptsy using hashtags #Vertcoin and #VTC
• Tweet to @COMKORTcom using hashtags #Vertcoin and #VTC
• Comkort.com facebook page

Please emphasise that VTC/BTC volume is bigger than DOGE/BTC at CoinedUp

[Kisu]

Anyone else mining on eu.vertcoin.org? It keeps disconnecting...is it just me, or anyone else having the same issues?

 [2014-02-02 18:27:37] Stratum connection to pool 0 interrupted
 [2014-02-02 18:27:37] Lost 261 shares due to stratum disconnect on pool 0
 [2014-02-02 18:27:47] Waiting for work to be available from pools.
 [2014-02-02 18:28:08] Pool 0 stratum+tcp://s.eu.vertcoin.org:3333 not responding!
 [2014-02-02 18:29:28] Pool 0 difficulty changed to 2
 [2014-02-02 18:29:32] Work available from pools, resuming.
 [2014-02-02 18:31:08] Waiting for work to be available from pools.

[nasone32]

here you are
tips welcome VsUNnFQ1TkWM86prDdKXtugrK5rn97jea5

[Aureliusy]

I like it....... but  the V  on the shields is still upside down. Now it looks a bit silly. Big tough Warriors prepared for battle but their gear not quite right.

[moonbat]

The best way to market this coin is to make sure we mention it whenever we see a discussion about Litecoin ASICs anywhere (whether it's here, on r/litecoin, the litecoin forums etc).

When people complain about the Litecoin ASICs are coming, tell them about vertcoin! Make it clear it's GPU friendly and it's based off scrypt just like litecoin.

If we market this correctly I see huge growth potential. We want Vertcoin as the the default "go-to" coin for disgruntled Litecoiners. Whenever Litecoin ASICs get mentioned, we want Vertcoin to be the first coin that gets mentioned next.

It would be great to have a dedicated Media/PR page on the coin website - hopefully this is something the guy/gal who is leading the PR campaign can organise, as well as press releases, perhaps some "soundbites" that non techies like me can use to talk about and spread the news about the coin?

[dotnetmin]

For me it looks like VTC is getting listed at crypsy very soon. Price is rising.

It would be not the first time a coin is rising at coinedup and getting listed two days
later on cryptsy.  

[moonbat]

here you are
tips welcome VsUNnFQ1TkWM86prDdKXtugrK5rn97jea5

Love it!

[Aureliusy]

[moonbat]

Go VertMan!

[Sophokles]

here you are
tips welcome VsUNnFQ1TkWM86prDdKXtugrK5rn97jea5

Great job! Made me LOL