[Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions!

[opper]

UTC dev team have no way to put a pressure on Craptsy devs/support/coders in order to speed up the things. So the only thing we are left with is waiting. Meanwhile all of us can trade on bittrex if needed. I know that the volumes there are not as big as craptsy but still it's an option we have.

[Uggle]

Yacuna and Crypto-trade is an option as well 

[mirny]

well, yacuna is offline for 3 days as well

[usukan]

as you can see below - mining is healthier now than before the recent hiccup

http://www.coinwarz.com/network-hashrate-charts/ultracoin-network-hashrate-chart

[BorisWCR]

@steven serious time to take action from the dev team side :

Steven, what can you tell more if you read this answer from Cryptsy I received some moment ago


"Thank you for contacting Cryptsy.
Our tier two team is working on getting this wallet back online. They will be in contact with the developers of the coin if they are still unable to find a fix. Please bear with us, rest assured it is being worked on.
Thank you and have a great weekend.
Sincerely,
Leah
Cryptsy Team Leader
Cryptsy.com"

Cryptsy is still offline, I think bittrex is updated.

It is time that we all ban Cryptsy.... they play with us !!

After one week the Cryptsy UTC wallet is still not available for deposit or withdrawals:  "Our wallet is currently offline due to issues with the coin's blockchain"

What me more surprised, and with respect saying so, is that our dev team can not inform us or can do anything about it !!!


@steven and @kracko what is Cryptsy referring to what issues with the block chain after one week  

[usukan]

I may be alone in the desert but I actually like cryptsy. Most importantly I trust them more than bittrex and yacuna etc.

Not rushing to update wallets until all is settled and proven seems a good security measure to me.

[rapture333]

Hey guys, I contacted Cryptsy on three different occasions offering them help and support from the dev team if needed. They haven't replied back yet, so I am not sure what the issue is. They may be running their server off a Linux box, which if it is the case means they are compiling their own Linux version of the wallet off of our source or waiting for us to release it. In any case the Ultracoin team is here if Cryptsy needs assistance. We were able to work with Bittrex the other night and they were able to get their wallet back online within a few hours after. We were a hugely traded coin on Cryptsy so I am sure they are doing everything they can to get their wallet back online.

Regards,

Steven "Rapture"
Management Director
Ultracoin
Steven@Ultracoin.net

[Kracko]

Noob question. Is it still the case I don't need to update to the latest wallet if my coins are in cold storage?

You do not.  The wallet keys remain the same.  At the time you wish to transfer them you will need a new wallet, of course.

[ph111]

   Hi what would be an average estimate return of UTC (daily) if i mine with say 10 x R9 290 please ?

   Whats the best miner and version for my cards and what should i expect per card 3.7khs ?

   Should i go solo or pool

   Thanks

[Rabinovitch]

You should mine in solo IMHO, at least if we are talking about UTC, especially with 10xR9290... Guys here recommending yacminer to mine UTC, on 14.6 video drivers, try it.

[Valpe]

  Hi what would be an average estimate return of UTC (daily) if i mine with say 10 x R9 290 please ?

   Whats the best miner and version for my cards and what should i expect per card 3.7khs ?

   Should i go solo or pool

   Thanks

You should get over 5 per card

[diabanhxeo]

This is really one of the slowest syncing coins I have ever seen... Someone should make a bootstrap. Took me days to get that wallet updated. And now when its finally done, my transaction from + - 10 hours ago has 0 confirmations. The transaction is also not seen on the network in block explorer. However the amount did dissapear from my wallet balance... wtf ?

Edit: seems the problem has solved itself. Still slow as hell though.

[Namsbreh]

Took 2 days for my wallet to fully sync.

[Janu$$]

  Hi what would be an average estimate return of UTC (daily) if i mine with say 10 x R9 290 please ?

   Whats the best miner and version for my cards and what should i expect per card 3.7khs ?

   Should i go solo or pool

   Thanks

Hi ph111,

the average daily reward is easy to calculate:

time to find a block [sec] = difficulty * 2**32 / hashrate

Daily reward [UTC] = 30 * 24 * 3600 / time

The current difficulty you can get from here:
http://ultrabex.tumblingblock.com/chain/Ultracoin

Your hashrate should be something between 4000 to 5000 h/s.

That means that 10 of your 290 cards should give you roundabout 275 UTC daily at the moment for POW mining, assuming a diff of 0.1 and a hashrate of 4500 h/s for one card.
Plus some UTC for POS if you are going to leave your wallet online.

Hope I could help.

Regards,
Janus

[rapture333]

  Hi what would be an average estimate return of UTC (daily) if i mine with say 10 x R9 290 please ?

   Whats the best miner and version for my cards and what should i expect per card 3.7khs ?

   Should i go solo or pool

   Thanks

Use the whattomine.com profitability calculator, just enter your hashrate under Scrypt-ChaCha (NF14) and you will find your bottom line profitability including electricity costs.

@Diabenhxo

A boostrap and even a "lite" version of the wallet are on our radar for future development.

[Valpe]

  Hi what would be an average estimate return of UTC (daily) if i mine with say 10 x R9 290 please ?

   Whats the best miner and version for my cards and what should i expect per card 3.7khs ?

   Should i go solo or pool

   Thanks

Hi ph111,

the average daily reward is easy to calculate:

time to find a block [sec] = difficulty * 2**32 / hashrate

Daily reward [UTC] = 30 * 24 * 3600 / time

The current difficulty you can get from here:
http://ultrabex.tumblingblock.com/chain/Ultracoin

Your hashrate should be something between 4000 to 5000 h/s.

That means that 10 of your 290 cards should give you roundabout 275 UTC daily at the moment for POW mining, assuming a diff of 0.1 and a hashrate of 4500 h/s for one card.
Plus some UTC for POS if you are going to leave your wallet online.

Hope I could help.

Regards,
Janus

Under 5 is all waist..wrong setting

[king_pin]

I received an e-mail from Crypto-Trade today saying that their wallet is updated to the new version and back online!!!
We can trade there too fu*k CRAPtsy 

[flippo]

You can trade on cryptsy as well. You just can't deposit or withdraw utc.

[BorisWCR]

You can trade on cryptsy as well. You just can't deposit or withdraw utc.

Correct....but it is strange yes, trading ok, but deposit or withdraw no

[BorisWCR]

  Hi what would be an average estimate return of UTC (daily) if i mine with say 10 x R9 290 please ?

   Whats the best miner and version for my cards and what should i expect per card 3.7khs ?

   Should i go solo or pool

   Thanks

Hi ph111,

the average daily reward is easy to calculate:

time to find a block [sec] = difficulty * 2**32 / hashrate

Daily reward [UTC] = 30 * 24 * 3600 / time

The current difficulty you can get from here:
http://ultrabex.tumblingblock.com/chain/Ultracoin

Your hashrate should be something between 4000 to 5000 h/s.

That means that 10 of your 290 cards should give you roundabout 275 UTC daily at the moment for POW mining, assuming a diff of 0.1 and a hashrate of 4500 h/s for one card.
Plus some UTC for POS if you are going to leave your wallet online.

Hope I could help.

Regards,
Janus

Hello Janus,
i receive next week my titan as promised by knc.
It will give about +300 Mh/s.
Is it all ready possible to mine it with UTC or at the UTC multipool and what do you guess it will reward per day ?