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

[king_pin]

hahaha  
Dude You know I blame you for everything price going down - Krackos fault!!!

However, I want to add something serious on the price matter.
As I have sad before, I have mined crypto longer than most of you have developed coins
I have survived even bigger drops, balloon pops etc. so dont worry, as long as there is support the coin will survive, and survival is key at the moment. The altcoin shakedown has begone we will see which once will remain.

[Kracko]

Do we have our own block explorer and richlist that can be explored, to see how coins are being consolidated, and accumulated?
 http://ultrabex.com/  as far as i can tell this one only explores a single address or tx id, and you cannot see how coins are being redistributed?
am i missing something?

A richlist is on my list of things to do, along with tagging the stake blocks in the explorer too.  The data is all there in a mysql database- it wouldn't be tough to create a view with the top X UTC addresses.  It might be awhile before I get to it as I've been preoccupied with the wallet.

[Kracko]

I hate to say it, but he's right about having the community supporting us- that is huge.  Ultracoin needs you.

However, I want to add something serious on the price matter.
As I have sad before, I have mined crypto longer than most of you have developed coins
I have survived even bigger drops, balloon pops etc. so dont worry, as long as there is support the coin will survive, and survival is key at the moment. The altcoin shakedown has begone we will see which once will remain.

[usukan]

for anyone interested in research on the matter

Its a lot of reading - and some white papers linked to go through - but its all here:

https://blog.ethereum.org/

Vitalik is very good at explaining the very complex to the moderately knowledgeable masses.


Vitalik Buterin IMO is living in another world - not sure how much fun he is at a party but all crypto is in his head and its a melting pot working on the permutations - he is the future and he is only just over 20 yrs old - where next?

There are a lot of good YouTube egs - and this is one. Some good comments on POS and many other aspects of crypto

https://www.youtube.com/watch?v=qPsCGvXyrP4

other vids on youtube discuss a range of issues/opportunities

cheers  usukan

WARNING - contains references to other Crypto-currencies !

Just a tip to the UTC Official UTC team, devs and community.

You MUST announce that UTC will link its blockchain with Ethereum and Ether to achieve limitless utility.

What I am suggesting is an Ultracoin-Ether Bridge (same as Ethereum is doing a BTC-Ether bridge) to allow UTC users all the functionality of Ethereum plus other blockchains that are bridged, that is contracts, messaging, cloud storage, alternative internet networks, trading between different cryptos, commodities and fiat, Ebay like trading of goods, Investment trusts and anything else really because the Ethereum has been built to be able to do anything in the future  etc etc etc.....  Ethereum is keen on cooperation and if pitched correctly UTC could get their dev support to implement a bridge. Its a big job that should not be rushed - but the project should be announced as intended and in the pipeline.

You must announce this at the Conference and start talking with Vitalik and his group to put this in stone and make it work.

You all really need to realise that these guys have got the future covered and UTC can massively benefit from cooperation and linking blockchains to enable all the features of Ethereum.

If you disagree thats fine but let history be the judge in 2 years time.  The $15m injection has enabled MUCH MORE than critical mass and nothing is going to keep up with the mass dev from every angle to create the crypto utopia.  Ethereum has the funds to continue devs for years - BTC is not even in the league in terms of dev power and applications across every sphere.  Ethereum has already stolen the best minds and will continue to do so.


Ethereum will make Bitcoin look like a brick and Ethereum is about to break open in the next few months and its going to be a the most signif step in crypto for a very long time. Ethereum will be the main media item - full stop.  When people realise whats happened here its going to break open crypto and turn it upside down.

Anything associated with Ethereum is going to fly. Bitcoin is going to suffer - this is the turning point I am afraid. I am not saying bitcoin will die - but Ethereum looks like it will make quick ground and will debut about 4th on market cap ($43m just above Bitshares) if the price of Ethercoin is any indication.  I suspect Ethercoin price is greatly discounted because of the perceived conversion risk to ethers.

Miss this opportunity to put UTC in the mix and you have missed the one thing that can make UTC be in the top 10 and above.

Please consider seriously.

Steve - thanks for your update - rest assured that the community is behind UTC - but please take this one VERY seriously.

This is the big one.

This should really be taken into consideration!

[primouno]

I acquired some GTX 750Ti 2GB but I can't seem to set them up properly.
The best I did was :

Code:

cudaminer.exe -a scrypt-jane:14 -o stratum+tcp -u user -p X -b 4096 -m 1 -i 0 -L 6 -l t96x1

Which gives me only around 2,5 kH/s they should be doing more than 3k at this freq.
GPU 1350MHz, MEM 1525MHz
I have 5 cards running on 4G of RAM


Does anyone have some other settings

some with this -l t60x2 -H 2 -m 1 -i 0 -L 4
and others -l t5x24 -H 2 -m 1 -i 0 -L 4

working better without -b

getting 3.4-3.6

happy mining

I get "Cuda error", than "Driver Error", with any value above -l t24x2 when using -L 4 on two of my rigs, but on a third one I have no problems running -l t60x2 -L 4

@king_pin
Did you manage to resolve this problem? I have the same issue, low hashrate ~2.5 kh/s and crash when autotune :/ What is your OS? Mine is Win 8.1 - maybe this is where the problem lies.

[Valpe]

I acquired some GTX 750Ti 2GB but I can't seem to set them up properly.
The best I did was :

Code:

cudaminer.exe -a scrypt-jane:14 -o stratum+tcp -u user -p X -b 4096 -m 1 -i 0 -L 6 -l t96x1

Which gives me only around 2,5 kH/s they should be doing more than 3k at this freq.
GPU 1350MHz, MEM 1525MHz
I have 5 cards running on 4G of RAM


Does anyone have some other settings

some with this -l t60x2 -H 2 -m 1 -i 0 -L 4
and others -l t5x24 -H 2 -m 1 -i 0 -L 4

working better without -b

getting 3.4-3.6

happy mining

I get "Cuda error", than "Driver Error", with any value above -l t24x2 when using -L 4 on two of my rigs, but on a third one I have no problems running -l t60x2 -L 4

@king_pin
Did you manage to resolve this problem? I have the same issue, low hashrate ~2.5 kh/s and crash when autotune :/ What is your OS? Mine is Win 8.1 - maybe this is where the problem lies.

I have one rig with 970 and Win 8.1. Working right and hash is as good as Win 7 rig but not know if 750ti have some issues.

Dont overlock when use autotune and could use command what shows tuning. Just look what is the best setting before crash. Was it -D? Use autotune with one card at the time.

[Valpe]

buy depth in Cryptsy looking good 
up we go

[opper]

I acquired some GTX 750Ti 2GB but I can't seem to set them up properly.
The best I did was :

Code:

cudaminer.exe -a scrypt-jane:14 -o stratum+tcp -u user -p X -b 4096 -m 1 -i 0 -L 6 -l t96x1

Which gives me only around 2,5 kH/s they should be doing more than 3k at this freq.
GPU 1350MHz, MEM 1525MHz
I have 5 cards running on 4G of RAM


Does anyone have some other settings

Try these:

cudaminer -s 10 --algo=scrypt-jane:UTC -H 2 -i 0 -m 2 -l t25x4 -L 4 -b 16384

getting around 3.3-3.35 with those settings. 6 cards, win7 64bit, latest drivers, 8 gigs of ram

[mitache365]

I missed the dump 

[Kracko]

I've posted the modifications to bitcoin-abe that the current Ultracoin block explorer uses.  If anyone else has an underutilized server and wants to set one up the sources can be found here:

https://github.com/Kracko/ultracoin-abe.git

There are a few prerequisites that are needed.  I added them in the readme in the repository.  You'll also have to create the mysql database for Abe to use, create a user and grant permissions for that user for that database.  Also, the Abe.conf file will need to be updated with the mysql database, user, pass as well as the ultracoin wallet directory.  I suggest using the blkfile method for updating.  I have one configuration file (abe1.conf) that handles the update and exits running from a crontab and another (abe2.conf) that runs the web site and stays up continuously.  There are several walkthroughs for setup that can be Googled up as well.

It is worth doing to give the community more options and could also be leveraged for advertising income.

Edit:

For validation I set up another block explorer on pool1 using the repo.  It is still syncing.

http://tumblingblock.com:8080/

[Valpe]

I missed the dump 

UTC still very cheap..buying time

[dan_and_shan]

I've posted the modifications to bitcoin-abe that the current Ultracoin block explorer uses.  If anyone else has an underutilized server and wants to set one up the sources can be found here:

https://github.com/Kracko/ultracoin-abe.git

There are a few prerequisites that are needed.  I added them in the readme in the repository.  You'll also have to create the mysql database for Abe to use, create a user and grant permissions for that user for that database.  Also, the Abe.conf file will need to be updated with the mysql database, user, pass as well as the ultracoin wallet directory.  I suggest using the blkfile method for updating.  I have one configuration file (abe1.conf) that handles the update and exits running from a crontab and another (abe2.conf) that runs the web site and stays up continuously.  There are several walkthroughs for setup that can be Googled up as well.

It is worth doing to give the community more options and could also be leveraged for advertising income.

Edit:

For validation I set up another block explorer on pool1 using the repo.  It is still syncing.

http://tumblingblock.com:8080/

Nice one

[conan3d]

I have some mobile games, and I want to integrate UTC for payment, how can I do this. Please, send instruction to my mail.
khanh3d@gmail.com
Thanks a lot

[dan_and_shan]

Is there somewhere to view the charted history of the nethash for utc??

 

[opper]

Yep,


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

[tc61]

Anyone know why the hashrate keep doubling then dropping off? Its crazy swings.

[Kracko]

It's because we changed the retarget method and it adjusts the difficulty upward to maintain 10 proof of work blocks in 10 minutes.  On lucky streaks the difficulty will be even higher than average.  And the network hashrate is not the actual hashrate.  It's just an estimation based on the current difficulty.  Instead of getting yourself (and others) worked up over the difficulty, the reported hash rate and the differences between the original retarget and the current one, look at the block spacing in the explorer.  That's what really matters.

Anyone know why the hashrate keep doubling then dropping off? Its crazy swings.

[usukan]

Steven

On a different note - I just managed to unpack the T-shirts today.  WOW!  They are great.  Wife loves hers too.

We will wear them around bitcoin conferences in Australasia and when they ask - we will hit the curious with the pamphlets and business cards.

Thanks much appreciated

cheers - usukan

[dan_and_shan]

Yep,


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

Thanx for the link:)

That one only shows 4 months, as far as i can see, Was hoping there was one from coin inception. Somewhere??

Regards Dan

[Thirtybird]

It's because we changed the retarget method and it adjusts the difficulty upward to maintain 10 proof of work blocks in 10 minutes.  On lucky streaks the difficulty will be even higher than average.  And the network hashrate is not the actual hashrate.  It's just an estimation based on the current difficulty.  Instead of getting yourself (and others) worked up over the difficulty, the reported hash rate and the differences between the original retarget and the current one, look at the block spacing in the explorer.  That's what really matters.

Anyone know why the hashrate keep doubling then dropping off? Its crazy swings.

Or it could be that because of the wild swings in difficulty, people turn off their miners when the difficulty is at its apex and turn them back on when it's low enough again.  Lower overall gains for the day, but higher coins/energy expended.