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Author Topic: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!!  (Read 946617 times)
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noobyonekenobi
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April 24, 2014, 05:26:12 AM
 #12581

Sorry guys, but what is the reason for having a multipool for a coin, that can be mined directly? Does it mean that nobody wants to mine UTC any more?
Im no expert but i think the answer is on this page http://utcmultipool.com/


PS4 Funds for my brother. Help me get it. Thanks! Smiley
BTC: 1MqhiNvDfSBRzFuXLkdvUfve4zavoFw2f8       UTC: UdGz8AS2tzTnf5qZ59uYbCRbVqEQJZrQC2
LTC: LTUMKwRAkqtvbyA5s8TeNHduvWk9t3DvkN    WDC: WjMWs8GUAyJXXtPJRXQXzJ9yjkda1GBbYs
Navyman47
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April 24, 2014, 07:06:45 AM
 #12582

Lets have some fun Wink

Next quiz Wink

Question is:

What face will have people who sell so cheap UTC:

1.Happy
2.Mad
3.Sad
4.Stupid
5.Priceless
6.Concerned

The first right answer wins:)
Choose one answer, winner takes 500 UTC Grin


this one isn't on the list but should be:

7. BUMMEDface


Heheh i forgot that dcgirl  Wink Wink
but the right answer is Priceless  Smiley
Navy 500 UTC is yours

Thanks Untalented your generosity is appreciated very much!!!   Grin

There's 500 more UTC that won't be seeing the sell side for a very long time.   Grin
Wirly
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April 24, 2014, 07:11:51 AM
 #12583

Sorry guys, but what is the reason for having a multipool for a coin, that can be mined directly? Does it mean that nobody wants to mine UTC any more?

The multipool sells the other coins and buys UTC to distribute back to the miners. This means more buy orders and should help up the price of UTC. This worked for blackoin and it went up 600% in 2 days
Gaman
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April 24, 2014, 07:21:39 AM
 #12584

But currently the nfactor is high enough to be not so profitable for gpu?

▂ ▃ ▅ ▆   LUCRE DON'T HODL; TRADE!   ▆ ▅ ▃ ▂
BITCOIN & CRYPTO CURRENCY ALGORITHMIC TRADING & SIGNAL SERVICE ✓ 
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Uggle
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April 24, 2014, 07:35:28 AM
 #12585

But currently the nfactor is high enough to be not so profitable for gpu?

No, it is one of the most profitable coins to mine right now. I use my GPUs. You can see a comparison here www.whattomine.com

UTC UTC UTC
Uggle
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April 24, 2014, 07:37:37 AM
 #12586

Someone with English as a first language maybe could help with the texts on the new multipool. They need proof reading big time. Lips sealed

UTC UTC UTC
SxC
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April 24, 2014, 07:44:11 AM
 #12587

looks like we may have 2 multipools mining altcoins and paying out in UTC

Thiago and dcgirl have also made 1 Cheesy

dwolfx
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April 24, 2014, 08:30:31 AM
 #12588

Sorry guys, but what is the reason for having a multipool for a coin, that can be mined directly? Does it mean that nobody wants to mine UTC any more?

The goal is to MINE ULTRA COIN and ADD TO THE VALUE OF ULTRA COIN at the same time.
You mine Alt-Coins, Dump those Alt-Coins for highest price, buy UTC with the BTC, give UTC to miners.
This is a way to directly mine UTC while also helping its value go UP.
OPPOSED TO mine UTC->Dump for BTC


Simple as that, I would actually mine UTC like this if given the choice.
Is there a multi-pool operational yet for UTC? I have not been in the loop as of late.

Leetpools!
SxC
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April 24, 2014, 08:38:15 AM
 #12589

Sorry guys, but what is the reason for having a multipool for a coin, that can be mined directly? Does it mean that nobody wants to mine UTC any more?

The goal is to MINE ULTRA COIN and ADD TO THE VALUE OF ULTRA COIN at the same time.
You mine Alt-Coins, Dump those Alt-Coins for highest price, buy UTC with the BTC, give UTC to miners.
This is a way to directly mine UTC while also helping its value go UP.
OPPOSED TO mine UTC->Dump for BTC


Simple as that, I would actually mine UTC like this if given the choice.
Is there a multi-pool operational yet for UTC? I have not been in the loop as of late.

Also alot of people gave up mining UTC because of the changes or they struggled with setting's

Thiago's MP is in testing phase at the moment he needs miner's to help out

but i think its alittle messed up right now my miner cant connect
kontraja
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April 24, 2014, 08:47:19 AM
 #12590

Hey.
I have the following settings in miner
Homework for my card 70kh
I am R9 8x 280x Gygabyte 3 gigabytes
But nitro Poole shows me only 80kh
Can you tell me please advise where we make mistakes?

"failover-only" : true,
"scrypt-jane" : true,
"sj-nfmin" : "4",
"sj-nfmax" : "30",
"sj-time" : "1388361600",
"api-allow" : "127.0.0.1",
"api-listen" : true,
"auto-fan" : true,
"gpu-fan" : "0-100",
"auto-fan" : true,
"gpu-threads" : "2",
"gpu-dyninterval" :"7",
"gpu-engine" : "1000",
"gpu-memclock" : "1250",
"gpu-powertune" : "20",
"gpu-vddc" : "0.965",
"gpu-reorder" : true,
"vectors" : "1",
"shaders" : "2048",
"thread-concurrency" : "16384",
"worksize" : "256",
"intensity" : "12",
"loopup-gap" : "2",
"temp-target" : "75",
"temp-overheat" : "78",
"temp-cutoff" : "80",
"queue" : "0",
"scan-time" : "1",
"expiry" : "1",
"no-submit-stale" : true
untalented
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April 24, 2014, 08:51:45 AM
Last edit: April 24, 2014, 09:18:34 AM by untalented
 #12591


UTC Multipool

I am happy o announce that a multipool for UltraCoin is now ready.
It is in a test version now. Stratum server is not connect to any coin yet. I think tomorrow we will be ready to mine so get your hashes ready Smiley

http://UTCmultipool.com

Regards,
HF

HF i hope you fix stratum problem before sunday hits.

Because sunday will be change block reward from 50 to 15 UTC for 4 years !!
And this is really good chance for ASIC miners to have a lot UTC now before sunday hits.

When the multipool will work, we must spread that on troll-box cryptsy.

UTCmultipool.com and change block reward is now best weapon to kill the dumpers and help rise UTC
hashfever
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April 24, 2014, 09:01:22 AM
 #12592

Sorry guys, but what is the reason for having a multipool for a coin, that can be mined directly? Does it mean that nobody wants to mine UTC any more?


The only reason for the existance of a multipool is to increase the price of a coin. It works in the following way: we mine a coin which is the most profitable to mine at any given moment, these mined coins are then exchanged into BTC, and for these BTC, UTC are bought. Thanks to this operation, we get rid off sell offers at a lowest price. In subsequent days multipool will buy UTC at higher prices then in previous days because sell offers at lower prices have already been fulfilled by multipool.   Of course there might be fluctuations of price because of the people who might try to manipulate the price but in the long run the price is bound to rise.

The most important thing for an efficient running of a multipool is the right choice of a coin to mine. Also, for this plan to work we need as many miners in a multipool as possible. The more miners, the more BTC, the more UTC bought, the faster the price rise.

Cheers


untalented
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April 24, 2014, 09:03:15 AM
 #12593

Hey.
I have the following settings in miner
Homework for my card 70kh
I am R9 8x 280x Gygabyte 3 gigabytes
But nitro Poole shows me only 80kh
Can you tell me please advise where we make mistakes?

"failover-only" : true,
"scrypt-jane" : true,
"sj-nfmin" : "4",
"sj-nfmax" : "30",
"sj-time" : "1388361600",
"api-allow" : "127.0.0.1",
"api-listen" : true,
"auto-fan" : true,
"gpu-fan" : "0-100",
"auto-fan" : true,
"gpu-threads" : "2",
"gpu-dyninterval" :"7",
"gpu-engine" : "1000",
"gpu-memclock" : "1250",
"gpu-powertune" : "20",
"gpu-vddc" : "0.965",
"gpu-reorder" : true,
"vectors" : "1",
"shaders" : "2048",
"thread-concurrency" : "16384",
"worksize" : "256",
"intensity" : "12",
"loopup-gap" : "2",
"temp-target" : "75",
"temp-overheat" : "78",
"temp-cutoff" : "80",
"queue" : "0",
"scan-time" : "1",
"expiry" : "1",
"no-submit-stale" : true

download from here :
https://sites.google.com/site/rmdavidson/

Kalroth CGminer with integrated Scrypt-Jane support
cgminer-3.7.3-kalroth-sj0.03.zip

setx GPUMAXALLOCPERCENT 100
setx GPUUSESYNC_OBJECTS 1
del *.bin
cgminer.exe --scrypt-jane -o stratum+tcp://anygoodpool -u xxx -p xxx --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600 -w 256 -g 2 -I 12 --thread-concurrency 32768 --no-submit-stale --lookup-gap 4 --expiry 10 --scan-time 1 --queue 0

or use YACMiner 3.5.0-yac2 from:
https://github.com/Thirtybird/YACMiner/releases

and use settings in here :
http://www.ultracoin.net/configgen_raw.html

or search jakiman settings for YACminer here :
https://bitcointalk.org/index.php?topic=413978.msg6101155#msg6101155
Jacques21
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April 24, 2014, 09:04:32 AM
 #12594

When will the multipool start to work?
MrNick
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April 24, 2014, 09:18:17 AM
 #12595


UTC Multipool

I am happy o announce that a multipool for UltraCoin is now ready.
It is in a test version now. Stratum server is not connect to any coin yet. I think tomorrow we will be ready to mine so get your hashes ready Smiley

http://UTCmultipool.com

Regards,
HF

Is there any way you can make this pool not require registration? That's always a big turnoff for me - yet one more password to generate and store, one more account to get hacked, etc.

Can you just have the username be an address send all mined coined e.g. once a day?

Hi

The appearance of UTCmultipool will hopefully be improved shortly, but this is not at all my concern at the moment. The functionality is my prime goal , maximizing of pool's efficiency and profitability for the miners.
At the moment the frontend is neat and easy to read, I am a programmer and a server administrator, not a designer. If there are volunteers to make it look nicer , you are welcome to assist.

Cheers
hashfever
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April 24, 2014, 09:22:17 AM
 #12596

When will the multipool start to work?

Today Smiley
untalented
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April 24, 2014, 09:22:45 AM
 #12597

When will the multipool start to work?

Today Smiley
Keep going hashfever, you my favorite pool operator i believe in you Kiss Wink
Jacques21
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April 24, 2014, 09:25:11 AM
 #12598

When will the multipool start to work?

Today Smiley

Awesome ill be waiting to jump onboard.  Grin
Uggle
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April 24, 2014, 09:27:04 AM
 #12599



UTC UTC UTC
untalented
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April 24, 2014, 09:28:36 AM
 #12600

yeah guys time to RISE UTC and kick ASS dumpers !!! Tongue Tongue
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