[ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!!

[utcminer]

I asked this already, but there where no answers.

We have so much brainpower here, I think we should analyze whats going wrong with the value of VTC.

VTC and UTC has some similarities in my opinion, and I don't want to UTC happen the same.

ATM UTC is very stable compared to other new alts, would be good if we can maintain that.

I could never figure out why UTC was not valued higher. I hold a lot of UTC

In regards to VTC it's blatant market manipulation, but not for long.

why UTC was not valued higher,i think the most important reason is there are too many coins to be mined everyday,and if miners sold the utc at a low price,they still have profits which is more than mining ltc.that's why. IF the N factor be larger on 4/8 2014 the output of utc will be down and then the price of utc may be higher?do you agree?

N factor changes for everybody, so the coins mined will be the same.

So I guess that wouldn't make a difference till we are almost CPU-only.
Then we would have a shift to botnets and bastard admins with big networks, like HVC had in the first days.
Even with some Xeon servers I couldn't get much HVC with CPU mining, the distribution of the coin get unfairer with CPU-mining.
Most people could by a GPU rig, but not 100 CPU cores.


EDIT: sorry, may be a bit too off topic.

i do not agree,when the N factor bacome larger,then the flash of the video card should be more larger,and so some miner who have smaller flash of the card should mine other coin,then the output will be down

[utcminer]

I asked this already, but there where no answers.

We have so much brainpower here, I think we should analyze whats going wrong with the value of VTC.

VTC and UTC has some similarities in my opinion, and I don't want to UTC happen the same.

ATM UTC is very stable compared to other new alts, would be good if we can maintain that.

I could never figure out why UTC was not valued higher. I hold a lot of UTC

In regards to VTC it's blatant market manipulation, but not for long.

why UTC was not valued higher,i think the most important reason is there are too many coins to be mined everyday,and if miners sold the utc at a low price,they still have profits which is more than mining ltc.that's why. IF the N factor be larger on 4/8 2014 the output of utc will be down and then the price of utc may be higher?do you agree?

N factor changes for everybody, so the coins mined will be the same.

So I guess that wouldn't make a difference till we are almost CPU-only.
Then we would have a shift to botnets and bastard admins with big networks, like HVC had in the first days.
Even with some Xeon servers I couldn't get much HVC with CPU mining, the distribution of the coin get unfairer with CPU-mining.
Most people could by a GPU rig, but not 100 CPU cores.


EDIT: sorry, may be a bit too off topic.

MAYBE we should make some more advs to attract MORE people to join us,not only the miners but also the investors?

[utcminer]

I asked this already, but there where no answers.

We have so much brainpower here, I think we should analyze whats going wrong with the value of VTC.

VTC and UTC has some similarities in my opinion, and I don't want to UTC happen the same.

ATM UTC is very stable compared to other new alts, would be good if we can maintain that.

I could never figure out why UTC was not valued higher. I hold a lot of UTC

In regards to VTC it's blatant market manipulation, but not for long.

why UTC was not valued higher,i think the most important reason is there are too many coins to be mined everyday,and if miners sold the utc at a low price,they still have profits which is more than mining ltc.that's why. IF the N factor be larger on 4/8 2014 the output of utc will be down and then the price of utc may be higher?do you agree?

N factor changes for everybody, so the coins mined will be the same.

So I guess that wouldn't make a difference till we are almost CPU-only.
Then we would have a shift to botnets and bastard admins with big networks, like HVC had in the first days.
Even with some Xeon servers I couldn't get much HVC with CPU mining, the distribution of the coin get unfairer with CPU-mining.
Most people could by a GPU rig, but not 100 CPU cores.


EDIT: sorry, may be a bit too off topic.

Maybe we should change the method of advertising of UTC, for instance: put an advertisement in the local paper ,lol

[jack80]

When open Nitro 2.0 ? .

[utcminer]

When open Nitro 2.0 ? .

sometime

[derBruchpilotPro]

I asked this already, but there where no answers.

We have so much brainpower here, I think we should analyze whats going wrong with the value of VTC.

VTC and UTC has some similarities in my opinion, and I don't want to UTC happen the same.

ATM UTC is very stable compared to other new alts, would be good if we can maintain that.

I could never figure out why UTC was not valued higher. I hold a lot of UTC

In regards to VTC it's blatant market manipulation, but not for long.

why UTC was not valued higher,i think the most important reason is there are too many coins to be mined everyday,and if miners sold the utc at a low price,they still have profits which is more than mining ltc.that's why. IF the N factor be larger on 4/8 2014 the output of utc will be down and then the price of utc may be higher?do you agree?

N factor changes for everybody, so the coins mined will be the same.

So I guess that wouldn't make a difference till we are almost CPU-only.
Then we would have a shift to botnets and bastard admins with big networks, like HVC had in the first days.
Even with some Xeon servers I couldn't get much HVC with CPU mining, the distribution of the coin get unfairer with CPU-mining.
Most people could by a GPU rig, but not 100 CPU cores.


EDIT: sorry, may be a bit too off topic.

i do not agree,when the N factor bacome larger,then the flash of the video card should be more larger,and so some miner who have smaller flash of the card should mine other coin,then the output will be down

If I didn't get the crypto terribly wrong, the total coins mined wouldn't change with the N-Factor.

Only the distribution could change, some miners get less, some more.

[ivanlabrie]

YAC is n factor 14 and the good thing is it can be mined by people with r7 240 cards like me, people with a gtx 780, or people with an r9 280x and all get pretty similar rates...cpus still get like 20% of the speed of a decent gpu.
I think that's really good for distribution.

[utcminer]

I asked this already, but there where no answers.

We have so much brainpower here, I think we should analyze whats going wrong with the value of VTC.

VTC and UTC has some similarities in my opinion, and I don't want to UTC happen the same.

ATM UTC is very stable compared to other new alts, would be good if we can maintain that.

I could never figure out why UTC was not valued higher. I hold a lot of UTC

In regards to VTC it's blatant market manipulation, but not for long.

why UTC was not valued higher,i think the most important reason is there are too many coins to be mined everyday,and if miners sold the utc at a low price,they still have profits which is more than mining ltc.that's why. IF the N factor be larger on 4/8 2014 the output of utc will be down and then the price of utc may be higher?do you agree?

N factor changes for everybody, so the coins mined will be the same.

So I guess that wouldn't make a difference till we are almost CPU-only.
Then we would have a shift to botnets and bastard admins with big networks, like HVC had in the first days.
Even with some Xeon servers I couldn't get much HVC with CPU mining, the distribution of the coin get unfairer with CPU-mining.
Most people could by a GPU rig, but not 100 CPU cores.


EDIT: sorry, may be a bit too off topic.

i do not agree,when the N factor bacome larger,then the flash of the video card should be more larger,and so some miner who have smaller flash of the card should mine other coin,then the output will be down

If I didn't get the crypto terribly wrong, the total coins mined wouldn't change with the N-Factor.

Only the distribution could change, some miners get less, some more.

Maybe you are right

[TodaysCrypto]

Today's crypto coin is Ultracoin!

http://www.todayscryptocoin.com/Ultracoin/

@TodaysCrypto

 

u forgot to mention Crypto-Trade which is by far the biggest UTC exchange.

Thanks! Just added it to the list!


BoS

[fiatslugg]

I asked this already, but there where no answers.

We have so much brainpower here, I think we should analyze whats going wrong with the value of VTC.

VTC and UTC has some similarities in my opinion, and I don't want to UTC happen the same.

ATM UTC is very stable compared to other new alts, would be good if we can maintain that.

I could never figure out why UTC was not valued higher. I hold a lot of UTC

In regards to VTC it's blatant market manipulation, but not for long.

why UTC was not valued higher,i think the most important reason is there are too many coins to be mined everyday,and if miners sold the utc at a low price,they still have profits which is more than mining ltc.that's why. IF the N factor be larger on 4/8 2014 the output of utc will be down and then the price of utc may be higher?do you agree?

N factor changes for everybody, so the coins mined will be the same.

So I guess that wouldn't make a difference till we are almost CPU-only.
Then we would have a shift to botnets and bastard admins with big networks, like HVC had in the first days.
Even with some Xeon servers I couldn't get much HVC with CPU mining, the distribution of the coin get unfairer with CPU-mining.
Most people could by a GPU rig, but not 100 CPU cores.


EDIT: sorry, may be a bit too off topic.

i do not agree,when the N factor bacome larger,then the flash of the video card should be more larger,and so some miner who have smaller flash of the card should mine other coin,then the output will be down

If I didn't get the crypto terribly wrong, the total coins mined wouldn't change with the N-Factor.

Only the distribution could change, some miners get less, some more.

Maybe you are right

When the time comes that it is profitable to mine with a CPU, I think a different type of person will start mining. For instance, I have little to no mining experience but would definitely take the time to learn if I can at least pay for my electricity using a CPU.

I did that with MaxCoin, someone created a website giving a tutorial on how to mine MaxCoin. Kind of like "how to mine for Dummies." It was really fun to do but was not really economical so I don't do it anymore. I would to do it for UTC if:
1) I could recover electricity cost
2) I could figure out how to do it.
3) It was benefiting the community.

It will be fun to watch how this develops. For now I am happy to be on the investing side, but it would be fun to do a little mining.

[Mkfly]

Hi Everyone,

I need some help from anyone who's mining with 7950's. I have 4 Sapphire 7950s and I can't get more than 84khs from each one atm. I've searched this post for better settings, but none of them work. I'm using the settings from page 1.

Is this normal or am I missing something?

Any and all help is appreciated. Thanks

how much memory on mob?

1)Try 925-1100 engine and 1250 mem, also increasing the amount of virtual memory used by windows if you have extra disk space
2) or try increasing thread concurrency to 19712 but you will need to add --lookup-gap 3 with those cards, will proly give you less hashrate but increase in wu with more system ram being used

Hey,

Thanks for the response.

I have 8GB on the mobo and after reading some of the posts I upped my virtual memory to 22000MB. I'm currently running at 1050/1250. I'll try the 925-1100 range and see if that helps before increasing tc to 19712. With scrypt-jane should I be focusing on WU rather than the hash rate?

always WU , thats what pays the bill's

I could overlock my cards for an 10% khs increase .. but only get 1% WU increase ... with  an extra 30% more electricity being used

amazes me just how much more power hungry the cards get for an 10% / 100 mhz increase ...

tho faster ram is more beneficial with scrypt-chacha / N factors



64 bit miner with GPU / CPU mining

http://www.cryptoslax.web.id/dl/releases/cryptoslax64-0.3.1-beta1.7z

so as far as WU goes, what's the average/expected rate for a 7950?

if you are using the settings I suggested hashrate about 114kh/s and wu from 98 to 105 sounds about right, might depend on your system and memory speed

hmmmmm, I'm not getting close those numbers with my current setup. The best I can manage is with my original setting of about 84Khs per card and a WU of:

GPU 0 = WU: 72.6
GPU 1 = WU: 84.6
GPU 2 = WU: 75.6
GPU 3 = WU: 72.6

I tried increasing TC to 191712 and adding --lookup-gap 3, however; that dropped my hash rate to the 60's and my WU to the 50's. My invalid % also went up on my mining pool.

Wirly, would you be willing to share your .conf or .bat file so I can give it a shot on my system?

[tobenary]

trying to find configurations for scrypt-jane for R9 290 (Sapphire) without success.

can someone post his configs
Please....

[dbappa]

trying to find configurations for scrypt-jane for R9 290 (Sapphire) without success.

can someone post his configs
Please....

-o stratum+tcp://utc.idcray.com:10001 -u -p --scrypt-jane --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600 -w 256 -I 13 -g 1 --lookup-gap 2 --thread-concurrency 45000 -Q 0 -E 10 --gpu-engine 1025 --gpu-memclock 1250 --temp-target 76 --auto-fan --gpu-fan 40-80 --temp-cutoff 90 --temp-overheat 85 --no-submit-stale --scan-time 1 --queue 0

MSI Gaming 290 - 140 KH/s

[fredeq]

Actually guys make it "w 64 I 18 and TC 42000 or 45000" 165khash.

[Ruckster2010]

Is the blockchain down right now?

[pieterjanvh]

Is the blockchain down right now?

Yes...

[xwebnetwork]

Yeah, seems to be down.

On a side note, mining UTC can be a very power efficient. Have all of my cards undervolted to 0.965v. Saves a ton of money hence increasing profits!

[wing_hk]

Explorer resumed now.

It seems someone/bots were fetching address/block info frequently and made explorer not responding.

[IronEagle]

I need an Invitation to the Nitro Pool (http://ultra.nitro.org)

[xwebnetwork]

Cool.

On a side note, I think I am going to put together a page on the power efficiency of UTC mining in addition to overclocking guides and pre-modded bios files. I have several different cards (Sapphire, ASUS, Gigabyte, PowerColor) so I should have a nice assortment. And with that in mind, if anybody else has any recommended BIOS's or settings, I could toss them up there as well. Might as well save yourselves some money! Power ain't cheap after all.

@IronEagle

Use a different pool. There are many viable alternatives.