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

[moonbat]

Check out Vertcoin Athlete's official jersey design at http://vertcoinathlete.com. He's hoping to take Vertcoin worldwide http://vertcoinmarket.com/campaigns/i-am-a-runner-and-i-want-to-be-sponsored-by-the-vertcoin-community/.

[Kartoffelknilch]

With all the hype going on with asic-scrypt miners and brand new 3th/s bitcoin miners i decided to go vertcoin.

Why?

Well... have a look on *bay and all the other sellingplatforms.

After that, read some threads about the big companies, not just one thread, visit some different forums (fori?)

But the real eye-opener was KNC!
They offer a "plan B" which means: if your hardware will be late (they cant deliver on Q2), you will get payed with bitcoin out of their datacenter...
Which they will mine "for you" with neptunes at atleast 3th/s and "all the bitcoins will be transfered to your wallet!".

So to make it really clear: they are mining AGAINST their costumers.
Killing the ROI with an increased difficult of sha (scrypt too?) using payed (from their costumers!) hardware!

I am not one of the XXX-mh/s private man, im living in germany and powercosts are too high to setup a big farm.

But i am still mining (1.5mh/s lol) because i think we need a better way than "fiat"-money.
After all: with the small profit i´m making im giving my son a bit pocket money in his study to go out and have some fun...

I am just a joe average, having a joe average job, doing joe average things...
But i believe in the power of people and not in the power of "banksters"!
just my 2 cents of wisdom...

[GeminiSimba]

Oh Snap everyone! New Vertcoin Commercial is here

https://www.youtube.com/watch?v=ssBF5nS5mLs

[BorisTheSpider]

Check out Vertcoin Athlete's official jersey design at http://vertcoinathlete.com. He's hoping to take Vertcoin worldwide http://vertcoinmarket.com/campaigns/i-am-a-runner-and-i-want-to-be-sponsored-by-the-vertcoin-community/.

Excellent - love the design.

[inductiveconcepts]

Introducing the Inductive Concepts Vertcoin Pool

http://vertpool.inductiveconcepts.com/


Active Support
Stratum
0% Fee
PPLNS
Var diff
Automatic payments with low payment threshold
Just getting going so we need some miners

[clockers25]

Hey guys, got a couple of high end rigs I'm selling.  Pretty much brand new, been running for about 3 weeks, Im in phoenix AZ and its just getting entirely too hot to keep them running.  Will accept VTC, BTC, USD via paypal. Both rigs run very cool, card stats are as follows

3 gigabyte windforce 280X cards on one rig, get about 1.6 to 1.8 MH on cg miner

4 toxic 270x cards runs around 2.0 to 2.2

these cards are all underclocked, PM me for pics

thanks

[MichBjukenon]

Oh Snap everyone! New Vertcoin Commercial is here

https://www.youtube.com/watch?v=ssBF5nS5mLs

great stuff right here

[voephilis]

Oh Snap everyone! New Vertcoin Commercial is here

https://www.youtube.com/watch?v=ssBF5nS5mLs

great stuff right here

love it! 

[mega]

Oh Snap everyone! New Vertcoin Commercial is here

https://www.youtube.com/watch?v=ssBF5nS5mLs

Excellent. Time to spread it everywhere.

[Xperianz]

What you guys think, can this be correct?

Q: What's the hashing performance for Scrypt-N?
A: Each Scryptr chip can achieve about 1MH/s performance for Scrypt-N (N=2048) for coins such as Vertcoin. Hence for Neon C08, the Scrypt-N performance is 2MH/s.

from http://blissdevices.com/faq/

[BorisTheSpider]

Due to a serious vulnerability discovered in OpenSSL (cve-2014-0160) it is recommended to update to the new build I just released:

https://github.com/vertcoin/vertcoin/releases/tag/v0.8.6.3.2

It is worth noting that it is unlikely that many users are affected by the vulnerability, as far as I can tell at this point, it's only RPC SSL that would expose this vulnerability, so no panic.

Linux users should update their system OpenSSL to 1.0.1g which contains the fix, and if statically linked, rebuild their vertcoin-qt or vertcoind from source (in fact, due to other recent bugfixes it's probably best to take this opportunity to update anyway). If you're gitian building, just pull the HEAD commit for the updated descriptors, and rebuild your dependencies with 1.0.1g before rebuilding the daemon and/or qt wallet.

Those of you serving anything else that uses SSL (ie. all the pool operators) should also be updating your OpenSSL and rebuilding (if statically linked) web servers etc. Please also consider regenerating your SSL keys since they may be compromised without leaving any log traces. http://filippo.io/Heartbleed/ can be used to test your servers for the vulnerability, but I can pretty much assure you, you have it.

[BorisTheSpider]

Some press on Yahoo Finance ahead of tomorrows CryptoCurrency Conference in NYC.

http://finance.yahoo.com/news/vertcoin-play-long-game-bitcoin-080522055.html

Let's all get behind Joe and the rest of the conference team - good luck everyone!

[IntroVert]

Due to a serious vulnerability discovered in OpenSSL (cve-2014-0160) it is recommended to update to the new build I just released:

https://github.com/vertcoin/vertcoin/releases/tag/v0.8.6.3.2

It is worth noting that it is unlikely that many users are affected by the vulnerability, as far as I can tell at this point, it's only RPC SSL that would expose this vulnerability, so no panic.

Linux users should update their system OpenSSL to 1.0.1g which contains the fix, and if statically linked, rebuild their vertcoin-qt or vertcoind from source (in fact, due to other recent bugfixes it's probably best to take this opportunity to update anyway). If you're gitian building, just pull the HEAD commit for the updated descriptors, and rebuild your dependencies with 1.0.1g before rebuilding the daemon and/or qt wallet.

Those of you serving anything else that uses SSL (ie. all the pool operators) should also be updating your OpenSSL and rebuilding (if statically linked) web servers etc. Please also consider regenerating your SSL keys since they may be compromised without leaving any log traces. http://filippo.io/Heartbleed/ can be used to test your servers for the vulnerability, but I can pretty much assure you, you have it.

Thank you for the update Boris. Would it be possible to maintain the correct version information in future releases, namely client version and build date values in Debug/Information/Vertcoin Core? It could help identify if someone is on the newest wallet or not.

[AlterMiner]

What you guys think, can this be correct?

Q: What's the hashing performance for Scrypt-N?
A: Each Scryptr chip can achieve about 1MH/s performance for Scrypt-N (N=2048) for coins such as Vertcoin. Hence for Neon C08, the Scrypt-N performance is 2MH/s.

from http://blissdevices.com/faq/

http://www.reddit.com/r/vertcoin/comments/212ksm/bliss_devices_ceo_says_their_asics_can_change/cg90upb

Hi Guys

This is interesting but by no means alarming, I have just spoken with the rest of the team and here are our thoughts.

Vertcoin has never claimed its impossible for ASIC’s to mine Nfactor it does however make it more difficult, with that said Vertcoin has said that it will do everything in it’s powers to remain ASIC resistant.

We have a number of measures in our arsenal to stop these ASIC’s in their tracks, could they spend a year and invest millions to mine Vertcoin? the answer is probably yes, in response would we change Vertcoin to make the time and investment worthless? most definitely yes.

We could hard fork now and make these claims redundant but we think that its best to keep our cards to our chest and keep them second guessing, this isn’t bravado this is protecting all of our investments and helping to maximise our strategy that continues to be keeping vert coin ASIC resistant.

Paul talks on this matter in his recent interview with David Seaman so check it out.

Keep holding on to your nuggets and enjoy the ride.

Best

Webbs for Team Vertcoin

https://bitcointalk.org/index.php?topic=404364.msg6069042#msg6069042

I don't know how many times we have to publicly say "VTC will hardfork if necessary to keep ASICs out" - we must have said it a hundred times!

I'll say it again, in case repetition number 101 will help - VTC will hardfork if that every becomes necessary to keep ASICs out. This isn't LTC, we're not going to suddenly decide to give up and capitulate in the face of a need to hardfork, we will do whatever is necessary to keep VTC decentralised and in part that means excluding ASICs by whatever means necessary.

VIVA LA VERT! :-)

[BorisTheSpider]

Thank you for the update Boris. Would it be possible to maintain the correct version information in future releases, namely client version and build date values in Debug/Information/Vertcoin Core? It could help identify if someone is on the newest wallet or not.

Hi IntroVert,

We did have the build date in the naming convention, but we changed it recently because we felt it was confusing and kind of redundant so we switched to releasing with minor versions instead. The QT wallets show the version correctly in the About page, but I agree the minor versions should be shown in getinfo by the daemon - we'll put it on the todo list.

[exarena]

VTC/BTC market has been opened at https://exarena.net/markets/vtc-btc/

Happy trading

[Xperianz]

Due to a serious vulnerability discovered in OpenSSL (cve-2014-0160) it is recommended to update to the new build I just released:

https://github.com/vertcoin/vertcoin/releases/tag/v0.8.6.3.2

It is worth noting that it is unlikely that many users are affected by the vulnerability, as far as I can tell at this point, it's only RPC SSL that would expose this vulnerability, so no panic.

Linux users should update their system OpenSSL to 1.0.1g which contains the fix, and if statically linked, rebuild their vertcoin-qt or vertcoind from source (in fact, due to other recent bugfixes it's probably best to take this opportunity to update anyway). If you're gitian building, just pull the HEAD commit for the updated descriptors, and rebuild your dependencies with 1.0.1g before rebuilding the daemon and/or qt wallet.

Those of you serving anything else that uses SSL (ie. all the pool operators) should also be updating your OpenSSL and rebuilding (if statically linked) web servers etc. Please also consider regenerating your SSL keys since they may be compromised without leaving any log traces. http://filippo.io/Heartbleed/ can be used to test your servers for the vulnerability, but I can pretty much assure you, you have it.

pool vtc.coinardia.com updated! http://filippo.io/Heartbleed/#coinardia.com:443

[agx.io]

VTC Community: Would love to hear feedback on your experience at Austin Global Exchange. We saw a spike in VTC trading late last week and over the weekend but volumes have dropped off. What can we do to bring you back?

Need reasons to switch to Austin Global Exchange? See what our customers had to say about us during Beta testing: http://bit.ly/1enrDIp. AGX launched out of Beta last week and continues to optimize for speed, execution, and user experience. Come check things out at https://agx.io

- The Austin Global Team

Find us at:
agx.io
bitcointalk.org/index.php?topic=507474
bitcointalk handles: "agx.io," "AustinGlobal"
twitter.com/AustinGlobalX
austinglobal.tumblr.com

[inductiveconcepts]

Introducing the Inductive Concepts Vertcoin Pool

http://vertpool.inductiveconcepts.com/


Active Support
Stratum
0% Fee
PPLNS
Var diff
Automatic payments with low payment threshold
Just getting going so we need some miners

BONUSES:
For 10 blocks, every blockfinder gets EXTRA 1 VTC out of the pool operator's pocket !!!

[dotnetmin]

With all the hype going on with asic-scrypt miners and brand new 3th/s bitcoin miners i decided to go vertcoin.

Why?

Well... have a look on *bay and all the other sellingplatforms.

After that, read some threads about the big companies, not just one thread, visit some different forums (fori?)

But the real eye-opener was KNC!
They offer a "plan B" which means: if your hardware will be late (they cant deliver on Q2), you will get payed with bitcoin out of their datacenter...
Which they will mine "for you" with neptunes at atleast 3th/s and "all the bitcoins will be transfered to your wallet!".

So to make it really clear: they are mining AGAINST their costumers.
Killing the ROI with an increased difficult of sha (scrypt too?) using payed (from their costumers!) hardware!

I am not one of the XXX-mh/s private man, im living in germany and powercosts are too high to setup a big farm.

But i am still mining (1.5mh/s lol) because i think we need a better way than "fiat"-money.
After all: with the small profit i´m making im giving my son a bit pocket money in his study to go out and have some fun...

I am just a joe average, having a joe average job, doing joe average things...
But i believe in the power of people and not in the power of "banksters"!
just my 2 cents of wisdom...

Hi Kartoffelknilch,

how do you work out to mine on a small profibility in germany ? I have 1.3Mh eating 1300 Watt / hour.
It´s 31,3 kwh / 24 h @ 0.25€ = 7,82€ / day power cost incl. tax.
If all is fine you get 5.8 VTC / day @ 0.002 BTC = 0.0116 BTC = 5.22 US$ = 3.81 €
Alltogehter you have 3.81€ - 7.82 € = -4.01 € / day

Each day mining VTC for me would be a lost of 4.01€ / day = - 120€ Month.

Maybe you have some better conditions, but you can´t cover 100% loss against me only to cover power bill.
Don´t speak from your invest. If you have a 1.5 Mh rig you have minimum a invest of 1300-1500€.

Mining VTC in Germany is a 100% loss. I don´t know how it is in other country´s but it´s hard to get any profit anywhere
if you have to pay for your power.

@ all - on which rate are you mining and do you mine on a dayly loss ?

I can´t see any coin mining without a loss with GPU power.