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

[ymer]

What's the advantage of mining vtc in lower pool?

THIS

Nobody from my pool is going to tell you about the best kept secret because they are greedy and want all the coins for themselves.

But just look at those block percentages!!



VTC.DEDICATEDPOOL.COM

Benefits of Mining on DEDICATEDPOOL.COM

• Backups every 30 minutes of the databases and wallets to protect your mining endeavours.
• Full 24/7 support available at admin@dedicatedpool.com
• Mine uninterrupted - dedicated servers w/redundancy, DDoS protection.
• Trustworthy admins who care about your experience and mining.

but 2% fee and your widthdrawl rate is high  

Better go to a "no fee" pool where they simply steal 10% of the blocks 

[1714212775]

1714212775

[1714212775]

1714212775

[nasone32]

imho the price will magically rise within 48h 

[WutriCoin]

Azure Vertcoin Pool - DDOS reisistant P2Pool Node http://cryptopool.cloudapp.net:9171/ No registration - No minimal payout!

To connect to this P2Pool node simply point your miner at: URL: stratum+tcp://cryptopool.cloudapp.net:9171 Username: Your vertcoin address Password: Anything

Fast facts 1. P2Pool nodes are all part of one single, big, distributed pool 2. When any p2pool worker on any node finds a block, everyone on all the nodes gets paid their share 3. There is no pool wallet, and hence no payout threshold. Payments go directly to your wallet 4. The distributed nature of p2pool resists DDoS attacks

Sample Vertminer configuration: cgminer.exe --scrypt -o stratum+tcp://cryptopool.cloudapp.net:9171 -u VbNPoxNeiNg6Bj9RwjjS4GazDbKLgUqNDP -p X

[SnakeEater]

Too much random comments without any proofs or arguments.

Vertcoin is seen as a good currency in a world ravaged by asic scrypt miners. We're are very far from it. So nobody needs vertcoin now.
Still, it could be a good currency, but they are very few support around it. Few apps, few merchants.
So, why should the price be high now ?

So my guess is a slow decreasing price for months until maybe a big asic scrypt miners hit.

Yes.  The ASIC scrypt miners are still in stealth operations.

[mmouse]

Better go to a "no fee" pool where they simply steal 10% of the blocks 

Better use p2pool, where you mine with your own payout address and get directly paid in the found blocks. No way to steal anything from the pool.

[spikers]

MINING POOL VTCWEB.POOLZ.NET IS FINDING BLOCKS FAST!!! LAST HOUR WE FOUND 8 BLOCKS!!!
2 x powerful 16-core 32 Gb servers
High Efficiency
Ultrafast Gigabit connection in New York Data Center
AntiDDoS protection

[FreedomCoin]

Is it profitable to mine VTC with CPU?

[deky_]

Is it profitable to mine VTC with CPU?

Nope

[kresu]

And with 1000 CPUs?

(Let's assume 1000 different users want to mine VTC and then merge all the coins in one common purpose (a donation for a charity).
Could it be profitable?

[vilgem]

Vilgem,

Out of sheer curiosity; how did you come to this conclusion?

A monkey in a Zoo told me this right after I had given her a pilled banana.
Script miners with n=1024 r=1 p=1 settings do need ~132000 bytes per thread. For example ATI R9 270x has 20 units, 256 threads per unit = 5120 threads in total. It requeires ~650 MB of memory. CGminer allocates more memory because GPU architecture is not perfect (per-unit local memory size is very limited and we need to deal with global per-gpu memory which can't be managed efficienly in a multithread execution).

If we talk about script ASICs then 1 GB of memory will roughly be enough for 8000 threads executed in parallel. It may give up to ~ 1Mh/s. Script ASICs are coming, it is only a matter of several months. And I'm quite sure they will be hardcoded for n=1024. When this happens, great over the world GPU computational power will have to shift somewhere from LTC. Somewhere where n=2048 (VTC) maybe Price will go up.

[LordShanken]

If you want this coin to succeed, there is a simple solution:

Provide a fork of cgminer, which can mine scrypt (--scrypt) and adaptive n-factor scrypt (--nscrypt). And provide binaries.

This coin needs more hashing power, but it is still very complicated to compile the vertminer for linux. Although I would call myself an advanced user, it still took me hours. No increasing hashing power = no rise in price.

[Vertcoin]

Update News

Thanks to moolah.ch you can do a lot of things now and in the future with Vertcoins.

1) moolah.ch has a webwallet for VTC and a Merchant API, you can except alot of shops using Vertcoin soon.
2) ATMs are coming out and they will also support Vertcoin.
3) With digipay.io you can directly spend your Vertcoins at AMAZON - yes, the Beta phase will start soon.


Say thanks to Moolah guys! We are happy they are supporting us.


Also there is alot of Marketing coming soon:

1) We are working on a Vertcoin Movie, its pretty far already and we will post a preview in the next days.
2) We are reworking vertcoin.org to serve everything you need, we are also working on vertcoin.info a place where all
   info about Vertcoins will be posted, Tutorials, Videos, Wikis etc.
3) Pressreleases and Marketing Graphics etc. are all in the works while we speak.


Feel free to spread the word via Twitter and co!

[deky_]

Current state on the market analysis:

- hitting very low prices per coin at the moment
- hashrate is going through the roof
- volumes on the biggest exchange (cryptsy unfortunately for us) are going slimmer and slimmer

Call me crazy bit it smells like a rebound to me, whoever is doing the price dump is going to go tired of messing around with small amounts of coins available from spooked out ppl (keep holding guys)


Thoughts?

[ronaldinho_07]

wow wow,sound like interesting news! 

[Alakazam2000]

Holy moly the news!!! 

[dotnetmin]

wow wow,sound like interesting news! 

Yes soonds very good. Whaile all these things in action and Nethash is rising price is falling like a stone at cryptsy

[Alakazam2000]

wow wow,sound like interesting news! 

Yes soonds very good. Whaile all these things in action and Nethash is rising price is falling like a stone at cryptsy

Price manipulation to get more coins for the wales, buy now!!!

[dotnetmin]

wow wow,sound like interesting news! 

Yes soonds very good. Whaile all these things in action and Nethash is rising price is falling like a stone at cryptsy

Price manipulation to get more coins for the wales, buy now!!!

With that news price will make a good jump

[Basnoff]

Wow! Paying on Amazon with VTC (yes, with digipay.io in between but I'm happy with that)!
Absolutely awesome!

Now I would buy more if Bitcoin.de would allow me to send my BTC! They're keeping(correction: holding it temporarily) it just like Mt.Gox, sigh.

Glad I'm mining as well.

[gonzzo]

thanks vertcoin

perfekt time for some good news (my nerves my nerves ... )