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

[jakiman]

CT hasn't recovered more than 10% of it's customer base. gonna be slow-goin there. Coin price is reflecting public opinion. Awesome buying opportunity. Om nom nom.

I agree that it's awesome buying opportunity.
I bought few days earlier at nearly 0.0003. 

[Halofire]

no worries, i bought at .0002. we all know it's worth more than what we paid, so in time....

[jakiman]

no worries, i bought at .0002. we all know it's worth more than what we paid, so in time....

Yeah, I've stopped mining UTC using every card I have now. Only some are mining UTC.
I need to mine some others (or middlecoin etc) to be able to pay off my electricity.
I just can't make myself sell UTC that I've mined or bought. So had to compromise.

[Halofire]

no worries, i bought at .0002. we all know it's worth more than what we paid, so in time....

Yeah, I've stopped mining UTC using every card I have now. Only some are mining UTC.
I need to mine some others (or middlecoin etc) to be able to pay off my electricity.
I just can't make myself sell UTC that I've mined or bought. So had to compromise.

still profitable to mine, but you just need to wait for another spike and sell some then. the coin will help you more than mining other coins. it's easy for utc to triple at these prices.

[Wh1teKn1ght]

is it worth mining UTC on an Intel Xeon W3520 @ 2.67GHz x 8 cores or NVIDIA Quadro FX 380?

I'm only getting 5khash total on the Xeon with 6 cores. Is that normal?

[Halofire]

is it worth mining UTC on an Intel Xeon W3520 @ 2.67GHz x 8 cores or NVIDIA Quadro FX 380?

I'm only getting 5khash total on the Xeon with 6 cores. Is that normal?

i have no idea what cpu's should be getting, but my FX4130 3.something ghz quad gets 25kh at peak. i don't even bother with it right now. but if you believe in the coin, and that's all ya got to mine with, have at it. still cheaper than paying 100% with fiat per utc.

[jakiman]

I thought altoutlet.com supported UTC? I don't see it?

[Halofire]

woot! found another block on nitro and got paid for it. That could also be a selling point about UTC. Thats 2 blocks I've been paid for. one on leet as well.

[regnevacs]

I'm getting lots of HW errors at -I 12 -thread 8192 on 280x 

use tc 16384

Ok thanks that seems to work.

-I 12 -thread 16384 engine 1100 mem 1500

But right now it is slower from 150kH/s to 130 (elpida) 144 (hynix) kH/s.

Any optimization needed?

it is normal due to the N Factor happen last Feb 28.. your khs is right on track.

[sakr]

is it worth mining UTC on an Intel Xeon W3520 @ 2.67GHz x 8 cores or NVIDIA Quadro FX 380?

I'm only getting 5khash total on the Xeon with 6 cores. Is that normal?

yes i get almost the same on Intel Xeon E3-1245v2, still not worth it to use cpu!

[Keso79]

I thought altoutlet.com supported UTC? I don't see it?

They are working on it. They said within a few days.

[mmmds]

Can somebody help me with my conf? I am pretty desperate, after N-factor change I am only getting rejects and cant help myself, even after conf tuning

I am using Gigabyte R9 280X (GIGABYTE GV-R928XOC-3GD)

here is my config:

ultracoinminer --scrypt -o stratum+tcp://ultra.leetpools.com:3333 -u XXX -p XXX --lookup-gap 2 --thread-concurrency 16384 -g 1 -I 13 -w 64 --gpu-powertune -20 --auto-fan --temp-target 72 --temp-overheat 85 --temp-cutoff 90 --gpu-memclock 1500 --gpu-engine 1050--scrypt-jane --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600 -E 1 -s 1 -Q 0

[azerbaidjan]

PRICE:
====

Despite the price slumping slightly the hashrate on UTC seems to remain globally constant (albeit slightly decreasing). Good.
This might be explained by people leaving DOGE and going back to LTC (look at its hashrate) and other alts.

Therefore this goes in the direction that either the market might gets the perception that UTC holds value or this is the novelty effect.

Anyway this pool of new miners that stick to the coin is both good and bad: good because it obviously helps consolidate the coin; and bad because there are always casual miners who dump every now and then among them.
NB: there need to be fresh coins on the market anyway, so these dumpers are welcome.

A potential side effect regarding dumping miners would be to keep the price where it is right now, slightly decreasing on a daily basis.
Anyway do not panic: as soon as profitability turns to another coin we should get rid of these dumpers and rise at least a bit until we get profitable again, and so on until we get more market attention.

Price evolution as of now is all about the fight between market and dumpers.

It's all about marketing and publicity, and this what lots of people are doing now. Do not stop your efforts, for they will be rewarded on the mid & long terms if we get lucky.


MARKETING: UTC = SPEED!
========

Transaction SPEED is the biggest single value proposition we can make for this coin. This coin is unique because of its transaction speed. We absolutely need to capitalize on this and pass the message to the public. The rest is secondary. And we need to communicate and become known for this because competition will hit the market soon.

We must get UTC = SPEED, or better: SPEED = UTC in the mind of the public. AND we must communicate we are the first to be so fast.

Having tried transactions between wallets, exchanges, etc. with BTC, LTC and UTC, I shall say that UTC transaction speed is simply awesome. This sole transaction execution time aspect makes the coin extremely convenient and cutting edge on the market.

Bumface you're absolutely right to underline this in your video, but you need to redo it by comparing this difference in speed between these 3 coins.

It is important because BTC is the reserve currency of all cryptos. This is going to be the global savings account equivalent. Not worth for everyday transactions because it is slow. Count 30 minutes for a transaction approx.

LTC was supposed to be fast. Actually it's much faster than BTC, but not nearly as fast as needed should you shop for groceries or fill your gas tank. You still have to wait for a few minutes. Not bad but not practical.

UTC fills a gap because with its 30s tx time it really starts to be practical and build up credible competition in the payment card field. This is the target you need to subtly point out in your demo without being too bold or aggressive, because this is where we get mainstream adoption.

[Halofire]

Can somebody help me with my conf? I am pretty desperate, after N-factor change I am only getting rejects and cant help myself, even after conf tuning

I am using Gigabyte R9 280X (GIGABYTE GV-R928XOC-3GD)

here is my config:

ultracoinminer --scrypt -o stratum+tcp://ultra.leetpools.com:3333 -u XXX -p XXX --lookup-gap 2 --thread-concurrency 16384 -g 1 -I 13 -w 64 --gpu-powertune -20 --auto-fan --temp-target 72 --temp-overheat 85 --temp-cutoff 90 --gpu-memclock 1500 --gpu-engine 1050--scrypt-jane --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600 -E 1 -s 1 -Q 0

try -g 2 then change your intensity.

[mmmds]

try -g 2 then change your intensity.

I think, I figured it out. I was missing space before --scrypt-jane
Ouch, lame! 

[derBruchpilotPro]

Wouldn't it be a nice promotion that you can buy Steam games with UTC on gascoin?

Gamers, you can use your GPU to make Money for Games!

Or something in this way could rise the attention to UTC I guess.

[mmmds]

One additional question. How much are you getting off your cards? I have Gigabyte R9 280X (GIGABYTE GV-R928XOC-3GD) and I am getting about 130 khash/s.
(I know it is beacuse N-factor, just want to be sure, I have it fine-tuned, so I am getting as much as I can : )

[flobdeth]

0.1337 all over the place, must be great to have the intelligence of a 5 year old retarded child?

Wish I was as cool as you, much wow!

what a f**king moron, grow up you immature little child!

The are ALWAYS bigger fish

[tmppx7]

http://s29.postimg.org/9m1quf1fb/tutorial.jpg
Click on the image to watch the video

http://www.youtube.com/watch?v=-kjcloXY9n8

UTC Tip Jar: UdNMAaiDF4qdDUZguzAHM4fjq3Jf6u3hQb

[CryptoCthulhu]

0.1337 all over the place, must be great to have the intelligence of a 5 year old retarded child?

Wish I was as cool as you, much wow!

what a f**king moron, grow up you immature little child!

The are ALWAYS bigger fish

Just don't feed the troll.