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

[Kartoffelknilch]

i wish i had switched to mining vert back when i first saw this thread. i knew it had potential i just didn't want to modify my mining rigs. anyhow, the coin i'm mining now, fluttercoin, the block reward is gonna start decreasing rapidly and i want to switch to vertcoin. can someone point me to a thread on how to mine vert using a vert bamt? i know it's out there, but i can't find it, and it's not in the OP. thanks.

Have a nice read here:

http://coingolem.com/how-to-guide-for-vertcoin-mining-for-windows-scrypt-a-n-factor-292/

its for setting up vertcoin mining on windows, but it will answer a lot of questions too if you are mining on linux.

than you can get bamt here:

http://www.reddit.com/r/BAMT/comments/207rdz/release_bamt_v160_scrypt_scryptn_darkcoin/

hope it helps.

Setting up gpu-clock and mem-clock is very important => more isn't better! you have to find the sweet spot for vertcoin!
Threadconcurrency is also important don't set it too high. On a 280x its 8193, on a 270 its 6336... at least for me.
(r9 280x sapphire are ~ 350kh/s and on two powercolor r9 270 [without X!] im getting 213kh/s on primary card and 221kh/s on secondary)

You need at least 4gb of RAM for your system or else you arn't able to mine.

Consider to start your own p2pool => if you have a "spare" machine with ~ 2gb RAM it will do and you can set up a p2pool with a bit of practice in less than a hour. you dont need to make it public.
p2pool :

http://coingolem.com/how-to-setup-your-own-p2pool-node-144/

this one worked for me.

or join any (p2)pool you want

i like the icon of the mining picks in my wallet gives me some "yeah_i_mined_it_myself" feeling  

greetz and i hope i could help.

[Coelacanth]

i wish i had switched to mining vert back when i first saw this thread. i knew it had potential i just didn't want to modify my mining rigs. anyhow, the coin i'm mining now, fluttercoin, the block reward is gonna start decreasing rapidly and i want to switch to vertcoin. can someone point me to a thread on how to mine vert using a vert bamt? i know it's out there, but i can't find it, and it's not in the OP. thanks.

/r/bamt is the right place.

Also don't forget to check PiMP (an advanced version of bamt) with many features.

[ivanlabrie]

PiMP is way better...waiting for a non beta release though.

Btw, 4gb of ram only works well using Linux, if using windows it tends to not be enough for VTC.

[Kartoffelknilch]

PiMP is way better...waiting for a non beta release though.

Btw, 4gb of ram only works well using Linux, if using windows it tends to not be enough for VTC.

3 rigs on windows running each 4gb RAM => no probs at all.

But i'll have a look on PIMP... just because its a linux!

[Kalizar]

PiMP is way better...waiting for a non beta release though.

Btw, 4gb of ram only works well using Linux, if using windows it tends to not be enough for VTC.

I have 2GB running my 3x SAPPHIRE R9 290 TRI-X on BAMT with 440KH/s each. However, Windows will not even let me run my miner past 100 KH/s.

[GeminiSimba]

Hi everyone, let's vote ourselves on the following exchange too: http://blog.expresscoin.com/

No registration or donation needed! If everyone votes, I'm sure we will be recognized by expresscoin as a legit cryptocurrency.

Voted

[silencesilence]

For all you people waiting for monocle/nscrypt merged mining:
Parallaxcoin's source code is 100% done and is ready to launch on May 4th
https://bitcointalk.org/index.php?topic=578303.0

Premine: 0.8% (840,960 PLX).

NO NO NO
Thanks! 

[superduh]

vertcoin should set up pools much like "blackcoinpool" that would give very good buy walls and help vert stay strong?

[GeminiSimba]

New Zero Fiat video with an interview from Paul Bradley about the upcoming  Monocle coin.

https://www.youtube.com/watch?v=uMWOxWZLlVk&feature=youtu.be



PS please vote at expresscoin, it is a platform to purchase crypto with fiat and supposedly will be faster than coinbase.

http://blog.expresscoin.com/

[bengx]

vertcoin should set up pools much like "blackcoinpool" that would give very good buy walls and help vert stay strong?

I agree. Someone with the technical know-how please do this. You can even set 3% fees and people will still mine on the pool.

[othe]

vertcoin should set up pools much like "blackcoinpool" that would give very good buy walls and help vert stay strong?

I agree. Someone with the technical know-how please do this. You can even set 3% fees and people will still mine on the pool.

If some third party wants todo that, feel free todo that, but the vertcoin team will not assist in sucking value out of other coins - its nothing we believe in.


Btw. we are on Bitcoinwisdom now: https://bitcoinwisdom.com/markets/cryptsy/vtcbtc

[BorisTheSpider]

If some third party wants todo that, feel free todo that, but the vertcoin team will not assist in sucking value out of other coins - its nothing we believe in.

Btw. we are on Bitcoinwisdom now: https://bitcoinwisdom.com/markets/cryptsy/vtcbtc

I agree 100% with Othe - I also wanted to make the point, once again: Stop worrying about price, care about value instead. The VTC chain can protect ~$3.5m because it has the hashrate and security to do so. If you create buy support through a multipool, you encourage people (who feel they can get slightly more VTC by mining the most profitable coin and auto-trading it to VTC through that pool) to mine other chains - so those miners secure the chain of a random coin, whilst buying VTC to hold, the currency they have just slightly reduced the security and value of by not mining it! Eventually, those people don't want to mine ABCCoin, DEFCoin, GHICoin etc. etc. because the increase in price of VTC has now made it more profitable, so they mine VTC itself, which drives up it's difficulty once again, until it can once more protect the value invested in it. All that happens is the market goes round and round in circles correcting the imbalances between value invested and network security.

Multipools only make sense for pure PoS coins, and there's no such thing as a secure pure PoS coin.

[superduh]

If some third party wants todo that, feel free todo that, but the vertcoin team will not assist in sucking value out of other coins - its nothing we believe in.

Btw. we are on Bitcoinwisdom now: https://bitcoinwisdom.com/markets/cryptsy/vtcbtc

I agree 100% with Othe - I also wanted to make the point, once again: Stop worrying about price, care about value instead. The VTC chain can protect ~$3.5m because it has the hashrate and security to do so. If you create buy support through a multipool, you encourage people (who feel they can get slightly more VTC by mining the most profitable coin and auto-trading it to VTC through that pool) to mine other chains - so those miners secure the chain of a random coin, whilst buying VTC to hold, the currency they have just slightly reduced the security and value of by not mining it! Eventually, those people don't want to mine ABCCoin, DEFCoin, GHICoin etc. etc. because the increase in price of VTC has now made it more profitable, so they mine VTC itself, which drives up it's difficulty once again, until it can once more protect the value invested in it. All that happens is the market goes round and round in circles correcting the imbalances between value invested and network security.

Multipools only make sense for pure PoS coins, and there's no such thing as a secure pure PoS coin.

you have valid points. however, in a "free market" that we are in. if one wants to obtain vert there are 3 ways 1) buy it at  price 2) mine it directly 3) mine "do some other work" anything profitable and convert to your currency of choice, vert
if 3) gives more vert than 2) than it's only logical in a "free market". 2 is not inherently better than 3 because "miners" are in a way buying vert because they believe in it but not directly with cash/btc but with their work

[advanced]

Woodwallets for Vertcoin available now!

Take your savings offline if you don't want to risk loosing coins on exchanges, on paper crap or online wallets.




Generate a private + public key at https://paperwallet.vertcoin.org and make sure you encrypt it with BIP38. Then place your order over here :

https://woodwallets.io/product/woowallet-private-key-and-public-address/


In no time you will get one of these guys on your desk (free shipping worldwide)



Do not risk loosing potential thousands dollars to save 10

http://woodwallets.io


Cheers

[Amph]

need vertminer 0.53

[rogeriomoreira]

Hello Guys!

Perhaps some people still do not know, but VTC was embraced by Bleutrade, a powerful and secure platform for exchange! You can make a trade simply and totally hassle-free in a super nice interface BleuTrade platform! You can do trade with various pairs of coin already belongs to the portfolio of Bleutrade!
We wait for you and good business for us all!

Regards,

Moreira, Rogerio

https://i.imgur.com/0cpJIJN.png?1

[BorisTheSpider]

One of the longest running, most trusted VTC pools around, run by BorisTheSpider (of the VTC dev team)

P2Pool (recommended) and traditional pool available for VTC

P2Pool: http://p2pool.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://p2pool.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.

[Gaman]

I heard in interview with zero fiat that monocle will be the test bed for new features. May I know what new features you have in mind

[composedchaos]

Composed Chaos VTC PPS Pool

Predictable payouts out of statistical chaos.
https://vert.composedchaos.net
Click Above

After registering point your miner @ stratum+tcp://stratum.composedchaos.net:3338

Web Address: https://vert.composedchaos.net
Fee: 2% We take the hit for mining variance so you don't!  Consistent mining - consistent payouts.
Payouts: Run every 15 minutes
Address to point your miner: stratum.composedchaos.net:3338
SSL: Yes
Hosted in datacenter for reliability?: Yes
DDoS: Protected
2 Factor Authentication: Yes
Low Transaction Fees: .001/.005 VTC for Auto/Manual Payments
Support: vertpool@composedchaos.net
VarDiff Enabled: Yes - 4 to 4096
Miners: If you're setup to mine Vert you're good to go!  If not we can help you get setup!
Vardiff Retartget Time: 30 seconds
Auto Payout Minimum: .1 VTC
Do I have to wait until the pool finds a block to get paid?: No, Pay Per Share Reward System pays
as you mine - not just when a block is found!  Withdrawals allowed when you hit 0.1 VTC
Heartbleed patched.
Listed on: vertcoin.com as vert.composedchaos.net

[tprogex]

If some third party wants todo that, feel free todo that, but the vertcoin team will not assist in sucking value out of other coins - its nothing we believe in.

Btw. we are on Bitcoinwisdom now: https://bitcoinwisdom.com/markets/cryptsy/vtcbtc

I agree 100% with Othe - I also wanted to make the point, once again: Stop worrying about price, care about value instead. The VTC chain can protect ~$3.5m because it has the hashrate and security to do so. If you create buy support through a multipool, you encourage people (who feel they can get slightly more VTC by mining the most profitable coin and auto-trading it to VTC through that pool) to mine other chains - so those miners secure the chain of a random coin, whilst buying VTC to hold, the currency they have just slightly reduced the security and value of by not mining it! Eventually, those people don't want to mine ABCCoin, DEFCoin, GHICoin etc. etc. because the increase in price of VTC has now made it more profitable, so they mine VTC itself, which drives up it's difficulty once again, until it can once more protect the value invested in it. All that happens is the market goes round and round in circles correcting the imbalances between value invested and network security.

Multipools only make sense for pure PoS coins, and there's no such thing as a secure pure PoS coin.

Agree 100%.
More I thinking about PoS more I'm understanding whats its impossible to secure chain by POS and if You don't doing that what You are doing so I'll not put any money in POS like coins its has huge fundamental problems in. POW  more You have greater security in GPU world VTC now 3 rd after asics for doge and ltc it will be first so by BlockChain  security It has 90% chances To be on same level or even more as its more decentralized  becuases of gpus  as BTC. So in area of crypto for store of value VTC one of the best . If You like  to have coin with new features but pay less to miners only real way if go in Merged mining  with BTC or VTC .