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Author Topic: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!!  (Read 946638 times)
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azerbaidjan
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March 17, 2014, 01:20:15 PM
 #10061

Something is curious here, NITRO has currently 1500+ miners and 70% of the total hashrate.
How come people can say that things are improving whereas they are objectively much worse than last week (1400 miners at most)?
Any analysis about these new miners coming to the pool?
Are they new or old miners coming back?



sweetgirl01
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March 17, 2014, 01:21:43 PM
 #10062

I think your hair count can be better

YinCoin YangCoin ☯☯First Ever POS/POW Alternator! Multipool! ☯ ☯ http://yinyangpool.com/ 
https://bitcointalk.org/index.php?topic=623937
Bwincoin - 100% Free POS. BLdk42HPNkst19cXgKHW7dR2B6AQPMF2Et
AceCobra1
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March 17, 2014, 01:27:42 PM
 #10063

Something is curious here, NITRO has currently 1500+ miners and 70% of the total hashrate.
How come people can say that things are improving whereas they are objectively much worse than last week (1400 miners at most)?
Any analysis about these new miners coming to the pool?
Are they new or old miners coming back?





absolutely ridiculous...
derBruchpilotPro
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March 17, 2014, 01:29:40 PM
 #10064

Interesting is that https://utc.pool.pm/ has much less orphans than leet, but almost nobody seems to care...
Just 3 orphans in the last 24 hours.

But most miners seems to concentrate on nitro and leet.

NEM/XEM!!!
Ruckster2010
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March 17, 2014, 01:33:45 PM
 #10065

Interesting is that https://utc.pool.pm/ has much less orphans than leet, but almost nobody seems to care...
Just 3 orphans in the last 24 hours.

But most miners seems to concentrate on nitro and leet.


Only 2 orphans in the last 100 blocks and 97.30% efficiency rating.  This pool has not been down in at least 3 weeks ( I think a lot longer than that, but I wasn't tracking it ).  I have been mining this pool since day one and I don't think it has gone down 3 times since it started.

Cheers and Happy St. Patrick's Day.

http://UltracoinTalk.org/ - Ultracoin Forum   http://Ultracoin.net/ - Ultracoin Website http://CryptoTrain.net/ - Multipool   http://UltracoinPool.info/ - Pool
AceCobra1
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March 17, 2014, 01:44:37 PM
 #10066

Interesting is that https://utc.pool.pm/ has much less orphans than leet, but almost nobody seems to care...
Just 3 orphans in the last 24 hours.

But most miners seems to concentrate on nitro and leet.


Only 2 orphans in the last 100 blocks and 97.30% efficiency rating.  This pool has not been down in at least 3 weeks ( I think a lot longer than that, but I wasn't tracking it ).  I have been mining this pool since day one and I don't think it has gone down 3 times since it started.

Cheers and Happy St. Patrick's Day.

I am mining here as well but what i don't understand is why my average expected UTC/ day between 230 - 330 but I am getting around 175 a day? I have not had a day where I received over 200.... Is it my settings?
SR20DEN
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March 17, 2014, 01:54:54 PM
 #10067

I'm switching back to utc.pool.pm, less orphan there.

https://utc.pool.pm/index.php?page=statistics&action=blocks




Thank you for the tip. I moved back over as well and it's running smooth.  Wink
niothor
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March 17, 2014, 01:55:36 PM
 #10068

Am I wrong or UTC is a great coin to mine right now?

No , you're not. Too short of an answer?


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A Non-Code Platform for
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niothor
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March 17, 2014, 01:56:50 PM
 #10069

Interesting is that https://utc.pool.pm/ has much less orphans than leet, but almost nobody seems to care...
Just 3 orphans in the last 24 hours.

But most miners seems to concentrate on nitro and leet.


Only 2 orphans in the last 100 blocks and 97.30% efficiency rating.  This pool has not been down in at least 3 weeks ( I think a lot longer than that, but I wasn't tracking it ).  I have been mining this pool since day one and I don't think it has gone down 3 times since it started.

Cheers and Happy St. Patrick's Day.

I've been switching through pools and got almost the same results till now.


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tnfsmith
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March 17, 2014, 02:00:48 PM
 #10070

Something is curious here, NITRO has currently 1500+ miners and 70% of the total hashrate.
How come people can say that things are improving whereas they are objectively much worse than last week (1400 miners at most)?
Any analysis about these new miners coming to the pool?
Are they new or old miners coming back?

I Voted for the best question of the day and begin this thread right Cheesy
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March 17, 2014, 02:05:06 PM
 #10071

Interesting is that https://utc.pool.pm/ has much less orphans than leet, but almost nobody seems to care...
Just 3 orphans in the last 24 hours.

But most miners seems to concentrate on nitro and leet.


Only 2 orphans in the last 100 blocks and 97.30% efficiency rating.  This pool has not been down in at least 3 weeks ( I think a lot longer than that, but I wasn't tracking it ).  I have been mining this pool since day one and I don't think it has gone down 3 times since it started.

Cheers and Happy St. Patrick's Day.

I've been switching through pools and got almost the same results till now.

Are you saying now is different, or there have been no changes up until now?

http://UltracoinTalk.org/ - Ultracoin Forum   http://Ultracoin.net/ - Ultracoin Website http://CryptoTrain.net/ - Multipool   http://UltracoinPool.info/ - Pool
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March 17, 2014, 02:09:35 PM
 #10072

For those of you that have been following the pool percentages, have a look now at http://bitgo.pw/utc/#pools

It is a much healthier situation now and we are once again decentralised at this point in time.

http://UltracoinTalk.org/ - Ultracoin Forum   http://Ultracoin.net/ - Ultracoin Website http://CryptoTrain.net/ - Multipool   http://UltracoinPool.info/ - Pool
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March 17, 2014, 02:13:46 PM
 #10073

For those of you that have been following the pool percentages, have a look now at http://bitgo.pw/utc/#pools

It is a much healthier situation now and we are once again decentralised at this point in time.

Sadly that's because Nitro went down for a bit...
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March 17, 2014, 02:14:00 PM
 #10074

I have spoken with TheStuhlman and Nitro 2.0 will be created, and larger miners in nitro will be asked to move to balance it out.I will pay 25x 100 UTC to larger miners who move from 1 to 2. It will feature the same good service of Nitro, so new miners please go here aswell

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March 17, 2014, 02:21:35 PM
 #10075

I have spoken with TheStuhlman and Nitro 2.0 will be created, and larger miners in nitro will be asked to move to balance it out.I will pay 25x 100 UTC to larger miners who move from 1 to 2. It will feature the same good service of Nitro, so new miners please go here aswell

Great news! Thanks Stuhlman and Bumface.
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March 17, 2014, 02:35:32 PM
 #10076

Well, in the last 24 hours, Nitro has only gotten half of what it says I should be mining, 80 instead of 168. Is there a stratum fake hash problem there?

GoodCoin Founder, GoodFlop High Score = 40 (GOOD faucet that pays depending on your score!)
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March 17, 2014, 02:45:21 PM
 #10077

For those of you that have been following the pool percentages, have a look now at http://bitgo.pw/utc/#pools

It is a much healthier situation now and we are once again decentralised at this point in time.

Yes that was very healthy indeed.

But lets look at the results, bring Nitro down with a ddos attack, lower difficulty and when pool goes back up you have a bigger hash working on less difficulty for the next 200 blocks.

Now lets look at the math, our pool gets an average of 70% of the hashing power. That means it should demand a 70% of 2880 blocks which amounts to about 2016 blocks/day

We are at below that level, so we are not stealing blocks from anyone. Our pool is running within the norm limits of any pool. As far as orphans are concerned, I did mention this more than once that is caused by latency, and not Nitro. We have our average share of orphans too, if you have more than usual, there is methods to fix that. Not all pools are having the orphan issue, beyond the daily norm.
 
We are heavily invested in this coin and it's future. And will not resort to kiddie scripts. And assure you it's not because of lacking the know how as we can make the situation much much healthier, It's just because we will not go that low, and harm the community in the process.

We been working behind the scenes with Bumface to come to a nice way of distributing the hash. Without taking extreme measures on our miners.
We are not ignoring the situation, but we will seek a good resolution to satisfy everyone.

azerbaidjan
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March 17, 2014, 02:47:18 PM
Last edit: March 17, 2014, 05:05:34 PM by azerbaidjan
 #10078

I have spoken with TheStuhlman and Nitro 2.0 will be created, and larger miners in nitro will be asked to move to balance it out.I will pay 25x 100 UTC to larger miners who move from 1 to 2. It will feature the same good service of Nitro, so new miners please go here aswell

This was the sensible choice to make.
Congrats for taking the time and effort invested in doing this.
Stuhlman you're a great guy.


jack80
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March 17, 2014, 02:51:11 PM
 #10079

NOW

What are the 2 to the best pool ? who is ? .

TY .






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TheStuhlman
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March 17, 2014, 03:14:14 PM
 #10080

I have spoken with TheStuhlman and Nitro 2.0 will be created, and larger miners in nitro will be asked to move to balance it out.I will pay 25x 100 UTC to larger miners who move from 1 to 2. It will feature the same good service of Nitro, so new miners please go here aswell

This was the sensible choice to do.
Congrats for taking the time and effort invested in doing this.
Stuhlman you're a great guy.




Thank you. But I need to make a small correction. Our special offers will be targeted at anyone that moves from Nitro to Nitro 2. First 25 miners to move will receive 100 UTC each from Bumface, and anyone moving to the new pool will get lower fees. The pool will be running on it's separate wallet so any miner that moves need to create a new account. The reason we can not be specific about who will move is that some of the miners who have about 50+ workers, might choose not take the effort to create a new account. I hope this reduces the amount of tension, and put's the community effort on the future growth of UTC. And I will take the time now to thank those who stepped up to the helm and took it on there own initiative to drive UTC to better and better places. There is a number of you here, and you know who you are, I will not name you so I do not unintentionally forget one of you. But I will mention Lady UTC " DCGirl ".

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