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

[aikon]

I'd like to mine at a p2pool, but I'm wondering if the 'dust' issue I've heard about with other coins is still there? I'm only mining at 380kh/s, so I'm probably getting loads of small payments. Is this gonne rise the fee's for me with Vertcoin?

i wouldn't recommend with your speeds.  i tried doing p2p, even setup my own node, but honestly i have gotten more coins out of regular pools.  really like the vertcoinheavyindustries.com

Thanks for your reply. The amount should be same over the long run, right?

I'm currently mining on Heavy Industries, which is good.

But still, just out of curiosity, is the dust issue stil there?

[matt608]

the best advertisement for us would be to have a listing on coinwarz for the most profitable coin... 

Nice idea.  Someone could start a project for funding an ad using http://vertcoinmarket.com/ then promote that to vertcoiners, raise the funds and pay for the ad

[roy7]

I'd like to mine at a p2pool, but I'm wondering if the 'dust' issue I've heard about with other coins is still there? I'm only mining at 380kh/s, so I'm probably getting loads of small payments. Is this gonne rise the fee's for me with Vertcoin?

Run your own node or use http://vtc.royalminingco.com:9171/static/ for now. That node is simulating miners as if they were running their own nodes. You can have less variance if you force diff lower, but you should see shares more often than other nodes if you leave it in the default setup (just connect with payment address).

If you want, look at the Day graph for other miners with a similar speed to you and then you can see what their share chain value history looks like (in the 2nd graph). These payments are small (if you only have 1 share during a payout) but not crazy small.

[roy7]

Thanks for your reply. The amount should be same over the long run, right?

I'm currently mining on Heavy Industries, which is good.

But still, just out of curiosity, is the dust issue stil there?

Default operation has no dust issue, it has a variance issue. Small miners on big public nodes getting 1-3 shares a day. This is because of how public nodes treat miners as if they were all owned by the same person. I'm testing a change to that on vtc-us-east. Running your own p2pool results in the same thing. Smaller shares more often. But not dust size.

You can use ADDR/.00001 on any node to get the minimum possible share difficulty (ie: most # of shares possible), but the value would also be lower. When sharediff network wide is low, they can get really small. It's better to have a bit fewer payouts that are larger. But it's not good for someone to go a day or more and not get a single payment, due to variance.

TLDR: Running your own p2pool node is better for a small miner than joining a public node with lots of traffic. We're testing a solution to this though.

[muhhentuhhen]

moonishere.com has launched Stratum Mining pool for VTC:

vert.moonishere.com

• Running on MPOS
• VARDIFF + STRATUM
• Prop. Payout System
• Minimum Auto-payout 0.1
• TXfee 0.001
• Fees 1%

There will be a block finder bonus as soon as i can find some



VuD2BwMzybgihFyMqKweHbLLV4fapLS3eR

[ivanrebroff]

https://i.imgur.com/9QNAqFm.png

Come and join us at http://vtc.coinvention.net!
* Stratum for CPUMiner and GPUMining
* 0.5% fee
* We re constantly finding blocks and have a very low TX fee from 0.001 Manual/Automatic
* Guide for Mining with CUDA, VERTMINER, CPUMINER
* Every 15 min Payout Schedule
* Servers Located in Germany with Low Latency

freenode #coinvention
http://vtc.coinvention.net!

[mattbigblue]

I dont understand this tutorial at all
https://github.com/donSchoe/p2pool-vtc/blob/master/README.md

I have to run both, bitcoin p2pool and then vertcoin p2pool?


In bash type this:
cd vertcoin_scrypt
C:\Python27\python.exe setup.py build --compile=mingw32 install

what is bash? I've installed MinGw but can't see anything there..in command prompt when i copy paste nothing happens.. in order to run own node i need to have wallet open and do it like solo mining?
eh someone could make some easier tutorial cause I have followed all of the steps and it doesn't work 

[Maxminers.net]

Hey guys, we'd like to establish a new pool and are in need of some hashing power. We're giving out a 5 VTC Bonus for our block finders.

If you're not making us your primary pool, we'd love to be your backup pool (you got one set up, right ?)

https://vert.maxminers.net

[Taborresen]

I really like this coin. I would really like to see it on MCXNow. They added Maxcoin

[maxvolts]

Bing has added bitcoin currency conversion, now getting vert on there would be a good move!

[matt608]

Guys... Can we pick it up where worldcoin left? http://www.reddit.com/r/vertcoin/comments/1xjq8i/african_well_project_underfunded_due_to_drop_in/

Sent 5VTC

[turtoro]

Guys... Can we pick it up where worldcoin left? http://www.reddit.com/r/vertcoin/comments/1xjq8i/african_well_project_underfunded_due_to_drop_in/

Sent 5VTC

+1

[matt608]

Guys... Can we pick it up where worldcoin left? http://www.reddit.com/r/vertcoin/comments/1xjq8i/african_well_project_underfunded_due_to_drop_in/

Sent 5VTC

+1

We need lots more Vertans to donate VTC to this, even small amounts are worth doing!  We are in critical early stages of VTC, this will give us something to put in the press release, as well as being for a good cause.

[ieatm3s]

We need lots more Vertans to donate VTC to this, even small amounts are worth doing!  We are in critical early stages of VTC, this will give us something to put in the press release, as well as being for a good cause.

If each Vertcoin subreddit subscriber would donate 1 VTC we would easily crush the goal.

[mv1986]

Tell me if I am wrong:

So far, the only people this coin can well benefit in the near future are the miners. In all other respects (especially as a payment method), is there any way to win the race against BTC and LTC or even gain market shares from them?
Now your counter argument might be: why should we win a race? We can build our own market.
To be honest, do you really think this works? Merchants will accept what is widely adopted. This is BTC. People will accept what is widely adopted. This is BTC. Let's call miners another group in this game. As soon as ASICS conquer the whole market, they will turn to mining VTC. What is happening now?
By thinking through this process, it becomes clear that this must be a reaaaal long term investment (long term in the cryptocurrency world).
You cannot really open successful parallel markets with another cryptocurrency, can you? What is required to put VTC in a really successful position is quite a lot of transition of the whole BTC market to let's say VTC.
Hard to imagine. It will take time to enter the really important industries like retailing and so on. They just got comfortable with BTC and now you enter the door and tell them that there is a better alternative... Wow. So, I think we are very much dependent on the mining advantage. And this will probably take quite some time to convince they many people it needs to make this coin really take off. Wrong?
I hope we get that zerocoin feature implemented as fast as possible.

[turtoro]

Guys... Can we pick it up where worldcoin left? http://www.reddit.com/r/vertcoin/comments/1xjq8i/african_well_project_underfunded_due_to_drop_in/

Sent 5VTC

+1

We need lots more Vertans to donate VTC to this, even small amounts are worth doing!  We are in critical early stages of VTC, this will give us something to put in the press release, as well as being for a good cause.

donated 5 as well

http://www.cryptocoinsnews.com/2014/02/10/worldcoin-price-crash-problem-african-well-project/

[FreePls]

vertcoin has really a strong community, and very friendly / helpful

[BorisTheSpider]

Tell me if I am wrong:

So far, the only people this coin can well benefit in the near future are the miners. In all other respects (especially as a payment method), is there any way to win the race against BTC and LTC or even gain market shares from them?
Now your counter argument might be: why should we win a race? We can build our own market.
To be honest, do you really think this works? Merchants will accept what is widely adopted. This is BTC. People will accept what is widely adopted. This is BTC.

I disagree that BTC is widely adopted. Almost everyone I talk about to it has either never heard of it, or thinks it's a scam or pyramid scheme. Cryptocurrencies are a _tiny_, nay minuscule niche at present.

it becomes clear that this must be a reaaaal long term investment (long term in the cryptocurrency world).

Yes, I think VTC is certainly a long term investment.

[BorisTheSpider]

Guys... Can we pick it up where worldcoin left? http://www.reddit.com/r/vertcoin/comments/1xjq8i/african_well_project_underfunded_due_to_drop_in/

A bump for this - great idea, thankyou for starting this.

[mv1986]

Tell me if I am wrong:

So far, the only people this coin can well benefit in the near future are the miners. In all other respects (especially as a payment method), is there any way to win the race against BTC and LTC or even gain market shares from them?
Now your counter argument might be: why should we win a race? We can build our own market.
To be honest, do you really think this works? Merchants will accept what is widely adopted. This is BTC. People will accept what is widely adopted. This is BTC.

I disagree that BTC is widely adopted. Almost everyone I talk about to it has either never heard of it, or thinks it's a scam or pyramid scheme. Cryptocurrencies are a _tiny_, nay minuscule niche at present.

it becomes clear that this must be a reaaaal long term investment (long term in the cryptocurrency world).

Yes, I think VTC is certainly a long term investment.

"widely adopted" = relative term.
We should launch small conferences about VTC at universities in all countries we can find a representative for. When I talk to people who have "heard of it" but do not really know what it is, they have a lot of questions. And they tell me that they would love to be part of this project in terms of investment or whatever. In most cases they have the feeling that this train is already gone. To be honest, I am not even sure what to tell them. I don't know if investing in BTC is a big thing anymore since competition is rising. If there was a cool informative event at my university, I would go there. It could - or even should - start with cryptos in general and it can well end with VTC and its advantages. Although technical, 45 minutes can be enough to explain everything that's important. I mean, you are not talking to idiots there (at least most of them are not). Also, the probability that some people will attend this at university is quite high in my opinion.
We could work together on a presentation with very nice explanations and many more features. W could also convince people to mine it by explaining how face to face. Our representatives could work as contact persons in their environment.
Not all people are coming to this forum. We could pick them up where they are. Any input on this?