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ivanlabrie
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April 10, 2014, 05:59:38 PM |
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Currently mining with a few rigs with 7970 and 7950 cards, friend of mine owns a pair of 5870's and wants to mine UTC too.
But I can't seem to get the cards running with cgminer, anyone with a good stable config for these cards please?
Try the auto conf tool thirtybird made...it was posted in this thread a page or two back. |
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"You Asked For Change, We Gave You Coins" -- casascius
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albertocp
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April 10, 2014, 06:25:32 PM |
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WEBSITE UPDATES: STYLE SHEETS Updated text color to make it more visible. Light grey was too light BOUNTIES Updated according to current status ABOUT UTC Updated Team > Added PaulGR WALLET Added version number next to download button Updated Windows Wallet and Source Code Links Added Update description with instructions CONFIG GENERATOR Raw version: http://www.ultracoin.net/configgen_raw.html>>> Did you make this ThirtyBird? Want to give credit where its due.  TODO Finalize integration of NFactor Config Generator into UI >> Currently won't render config like the RAW version above Update references to Scrypt Jane as Scrypt Chacha Update services (add WhatMine.com) Live Chat Integration Mining Page >> Focus on YACMiner and its efficiencies I may be forgetting something, but for now, this should suffice. I tried with a 7950 and I don't get accepted |
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Halofire
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April 10, 2014, 06:32:51 PM |
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China ban really isn't the problem. The problem is the rest of the world is scared of the ban. Chinese can still buy, hold, sell, and use btc, just not through the banks. China's economy is on the brink of collapse and the communists are scared. So when it does, cryptos all the way! I know this because I own a scrap yard and the banks of china use copper to back all their money, and they aren't buying nearly as much copper. Copper price is down 15% from its $3.40 highs before the chinese 2 week new year shutdown. Also the chinese falsify their ''copper buying'' orders and double on paper what they actually buy and sell, so collapse is inevitable, I think earliest in 2 years.
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OC Development - oZwWbQwz6LAkDLa2pHsEH8WSD2Y3LsTgFt
SMC Development - SgpYdoVz946nLBF2hF3PYCVQYnuYDeQTGu
Friendly reminder: Back up your wallet.dat files!!
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bumface (OP)
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April 10, 2014, 06:35:15 PM
Last edit: April 10, 2014, 06:48:46 PM by bumface |
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Greetings miners
We are giving the wallet a major overhaul in 3 phases, Phase 1 has just been completed.
We are writing you to inform you that we are going to decrease the blockreward from 50 to 15,the reason for this is that the price or Ultracoin simply can not rise with this model.
In the current model there are 144000 UTC minted per day as opposed to a 25000 in Litecoin for example. In the current model where the block reward is 50, there wil be 52560000 UTC minted in year 1 alone, which is over 50%.
If we continue on this path all UTC will be mined within just a few years, we can not allow this to happen.
We hope you (the miners) will understand that this is in the best interest of the coin, and we hope you will remove your sell orders so that the price can rise to a healthy equilibrium.
The price is way to low at the moment (also becasue the daily supply is flushing yout the demand).
The current model is not healthy and unsustainable.so please think about the future of ultracoin and stop selling UTC so cheap.As long as there are low ball sell orders , people will buy low, and the price will not rise.Nobody will pay 2 dollar for hamburger if they can buy it for 5 cent.
We hope you wont quit mining Ultracoin since the miners are the backbone of the operation.
Thank you from Michael, UTC founder & Team UTCBelow another preview on the awesome upcoming arbitrage tool made be one of the heroes of UTC, Dcgirl! 
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fabietech
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April 10, 2014, 06:49:32 PM |
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Greetings miners
We are giving the wallet a major overhaul in 3 phases, Phase 1 has just been completed.
We are writing you to inform you that we are going to decrease the blockreward from 50 to 15,the reason for this is that the price or Ultracoin simply can not rise with this model.
In the current model there are 144000 UTC minted per day as opposed to a 25000 in Litecoin for example. In the current model where the block reward is 50, there wil be 52560000 UTC minted in year 1 alone, which is over 50%.
If we continue on this path all UTC will be mined within just a few years, we can not allow this to happen.
We hope you (the miners) will understand that this is in the best interest of the coin, and we hope you will remove your sell orders so that the price can rise to a healthy equilibrium.
The price is way to low at the moment (also becasue the daily supply is flushing yout the demand).
The current model is not healthy and unsustainable.so please think about the future of ultracoin and stop selling UTC so cheap.As long as there are low ball sell orders , people will buy low, and the price will not rise.Nobody will pay 2 dollar for hamburger if they can buy it for 5 cent.
We hope you wont quit mining Ultracoin since the miners are the backbone of the operation.
Thank you from Michael, UTC founder & Team UTCBelow another preview on the awesome upcoming arbitrage tool made be one of the heroes of UTC, Dcgirl! Can everybody twitter this in the Ultracoin chats and get some media attention meby the coin will go up a bit!! this is good news for the coin!! |
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bumface (OP)
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April 10, 2014, 06:52:25 PM |
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CryptoCthulhu
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April 10, 2014, 06:55:36 PM |
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Very good news Michael. Now we have to spread the word and make some hype.
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fabietech
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April 10, 2014, 07:03:07 PM |
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Very good news Michael. Now we have to spread the word and make some hype.
Yes indeed can we use the Reddit bot? somebody can do this! we now need to spreas the word and get the value and buyers going |
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ultrasmart
Member
 Offline
Activity: 112
Merit: 10
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April 10, 2014, 07:15:11 PM |
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bought up all of the 7000-8000 range thank you weak hands!! |
"Sound and prudent judgment based on a simple perception of the situation or facts," (Merriam-Webster).
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fabietech
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April 10, 2014, 07:16:42 PM |
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bought up all of the 7000-8000 range thank you weak hands!! Lol same here!! |
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Mikebeav3r
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April 10, 2014, 07:20:46 PM |
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OI!!! leave some for me :p
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ultrasmart
Member
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Activity: 112
Merit: 10
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April 10, 2014, 07:24:47 PM |
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..annnddd cleared out the 8000-9000 range
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"Sound and prudent judgment based on a simple perception of the situation or facts," (Merriam-Webster).
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SxC
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April 10, 2014, 07:37:09 PM |
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and its dropped back down  |
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dbappa
Newbie
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Activity: 23
Merit: 0
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April 10, 2014, 07:38:47 PM |
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Is something wrong with Nitro 2? I can't log in, it says invalid passed despite using my KeePass generated password, auto login with Chrome and even the contact form fails.
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ultrasmart
Member
Offline
Activity: 112
Merit: 10
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April 10, 2014, 07:44:13 PM |
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and its dropped back down Of course, I was buying and then stopped. I pushed it as high as I could. Trying to help out as best I can. Believe it or not, not everyone reads the UTC thread. So buying will commence once the word is out. |
"Sound and prudent judgment based on a simple perception of the situation or facts," (Merriam-Webster).
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dbappa
Newbie
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Activity: 23
Merit: 0
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April 10, 2014, 07:44:21 PM |
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Please ignore my incredible stupidness, just remembered I changed email address earlier.
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bumface (OP)
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April 10, 2014, 07:54:16 PM |
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The new devs are on track and are making great progress! here is a sneak preview on the coincontrol feauture. it allows you to save up old coins and spend new coins, so you can have maximum benefit of the POS side of UTC!  |
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cointradero
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April 10, 2014, 08:07:56 PM |
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The new devs are on track and are making great progress! here is a sneak preview on the coincontrol feauture. it allows you to save up old coins and spend new coins, so you can have maximum benefit of the POS side of UTC! Are you considering changing the POS timing at all? |
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Nalacha
Newbie
Offline
Activity: 11
Merit: 0
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April 10, 2014, 08:24:20 PM |
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anyone got the new settings for the R9 280... or let me know where it has been posted.
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Mikebeav3r
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April 10, 2014, 09:03:22 PM
Last edit: April 10, 2014, 09:18:15 PM by Mikebeav3r |
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Arrrggghhhh FFS! tried sending some BTC to Cryptsy from my ultibit wallet and it's got stuck some how Cryptsy is showing .2 BTC as pending, the transaction has been seen by 6 peers now but no confirmations, and to top it all off, the "change" from the transaction hasn't hit back in my wallet, so it is saying I have .599 BTC, but 0 spendable, anyone else had a problem like this before? Was trying to buy up some UTC with what little BTC I had left, but that's out the window currently as I can't get to any of it **EDIT** and as always, I moan about it and it starts to move :p 1 confirmation at last, wallet is useable again, just need to wait for funds to appear at Cryptsy so I can buy some thing , yay |
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