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

[usukan]

I have an anonymous Conference donation.

WOW - thanks for your support on this !

19999.99999 UTC

based on current Cryptsy price and my 0.000013 cap - rate = 0.000013

BTC donation = 0.25999999987

I have deposited this to the Conference donation address

txID - 3ad5dfef1b136b57196be94c62d9ba3adf11638ee010357c68c9b58a8a830f75

https://blockchain.info/tx/3ad5dfef1b136b57196be94c62d9ba3adf11638ee010357c68c9b58a8a830f75

Glad to be of service and your support of UTC much appreciated

Please - anyone else?

Cheers usukan

[usukan]

Thanks Steven - great job on all fronts

early days - but the groundswell is starting to show

Cheers - usukan

BTC Donation Address: 1Nhv4mg8sVZZFyc2jRZPPEdUGibpsvkVei

Donation Goal ~6.9BTC | Total Received 3.7142738 BTC

Donated                              Amount

Management                          2.0 BTC
Janu$$                                  0.1 BTC
Anonymous                            0.0059248 BTC
Primuono                               0.004524 BTC
Uggle                                   0.0059248 BTC
Usukan                                 0.2 BTC
Anonymous                            0.4 BTC
Anonymous                            1 BTC
Anonymous                            0.003825 BTC

Firstly, I just want to give a shout out to Usukan who has done a fantastic service of converting UTC to BTC, thank you! Secondly, I want to say thank you to the community for coming together on this motion of sending Ultracoin to Hashers United, your generosity will not be in vain. Thirdly, I would like to announce that I have found a potential candidate for speaking at Hashers United. He is a good friend and is the person who originally introduced me to Ultracoin. He is an expert at Crypto-currency and is very knowledgeable, so stay tuned. Lastly, there has been a lot going on behind the scenes to get the conference going. I have been in direct phone contact with Hashers United in the past week and am in the process of reserving our table. I am also in the process of designing and printing T-shirts, business cards, flyers, and other material as handouts during the conference. I want to make sure we make an impression, and if you have any material, services, or ideas you would like to provide please don't hesitate to contact me. Also, as sponsors of the event, we are extending our 20% discount to any community members that would like to attend the conference, so please, if you are thinking about coming by, you can receive 20% off entrance into Hasher's United as well as a significant reduction in rooms if staying at the even with our group discount code.

By the way guys, some updates concerning Ultracointalk.org/

- I have been working on optimizations for the site in time for Hashers United
- There is an issues accessing the site via mobile device, I am away and working on a fix
- An attachments section has been added
- A Social Groups section has been added, you can now create social groups with private threads and message boards
- A Multi Media gallery has been added, you can now upload and view Videos, Audio, Photos, etc
- A links directory has been added, you can now upload URL's with brief descriptions, like a yellow pages
- You can now host files in the download section (must be approved by admin)
- You can now "Like" posts and rate topics
- You can now tag members in posts with @Membername
- Numerous enhancements to the text editor
- Added Chatbox (Old news but just in case you didn't know)

Also, set to release a new business directory for Ultracoin, shooting to launch within 1-2 weeks. It was set back and I apologize. The Official Ultracoin YouTube channel is launched and content will soon be added on a periodic basis, if you would like to contribute to the YouTube channel to promote products accepted with Ultracoin, add tutorials, interviews, informational or other Ultracoin/Crypto related content, please e-mail me. Otherwise I will be adding content soon.

BTC Donation Address: 1Nhv4mg8sVZZFyc2jRZPPEdUGibpsvkVei
https://blockchain.info/address/1Nhv4mg8sVZZFyc2jRZPPEdUGibpsvkVei

Sincerely,

Steven "Rapture"
Marketing & PR Director
Steven@Ultracoin.net

[primouno]

Something is going on with UTC

We need to balance pools! All hashpower is in one pool ATM. Thiago, maybe close signing up at http://www.ultracoins.info/ ?

[RichardMiner]

....buy orders and price are going UP  

[primouno]

Difficulty jumped from about 0.01 to 0.014. That's 40% more which means much more new miners. Unfortunatelly they all go to one pool  

[digit]

Difficulty jumped from about 0.01 to 0.014. That's 40% more which means much more new miners. Unfortunatelly they all go to one pool  

are you saying the pool cant be trusted?  i dont think you need to worry, if UTC become more profitable to mine, other profit-switching multipools will switch to it or add the option to mine Scrypt ChaCha

[primouno]

Difficulty jumped from about 0.01 to 0.014. That's 40% more which means much more new miners. Unfortunatelly they all go to one pool  

are you saying the pool cant be trusted?  i dont think you need to worry, if UTC become more profitable to mine, other profit-switching multipools will switch to it or add the option to mine Scrypt ChaCha

No, the pool is OK I just thought that all new miners are going in one place.

[digit]

i think it be okay with high number of miners, it would only hurt UTC future if they attempted something malicious with the blockchain and i believe the pool was created by UTC team itself (?) for the purpose of supporting ultracoin so it would be senseless for them to try that.
its a different story for other pools that exist to mine coins for immediate profit and are not part of the UTC team, then definitely it would be a concern if it had too much hashrate.

[bumface]

I arranged for you guys to still participate in las vegas.

[usukan]

Thanks for your help Michael - much appreciated.

I arranged for you guys to still participate in las vegas.

[Kracko]

Difficulty jumped from about 0.01 to 0.014. That's 40% more which means much more new miners. Unfortunatelly they all go to one pool  

are you saying the pool cant be trusted?  i dont think you need to worry, if UTC become more profitable to mine, other profit-switching multipools will switch to it or add the option to mine Scrypt ChaCha

I doubt there is anything nefarious going on with the pool.  But I have to admit it did lower my expectations when I found there was only one pool with almost all the hash rate.  I've come to find the this coin is held up by its community of loyal followers.  One of the few coins that's actually worth holding onto.

UTC already pops up to the top occasionally with Kbombas Profit Calculator tool.  Which could explain some of the new miners.
https://github.com/KBomba/cuda-profit-calc/releases

The only problem with having profit-switching multipools targeting UTC will be a drop in price as it gets mercilessly pounded by the selling from miners dumping it.

Again, I'll offer up my pool.  http://utc.tumblingblock.com.   There's 0% tax.  There will be orphans until a decent hashrate achieved.  At 70kh/s we were getting orphans, but that's a very small percentage of the hash rate.

[rapture333]

Thank you Kracko, and I will be rejoining your pool once I get my miners back up and running. They have been down for about two weeks now and I have been too busy to put them back online. And I completely agree with you about pools targeting Ultracoin, it leads to a lot of dumping and has affected us in the past.

[digit]

Difficulty jumped from about 0.01 to 0.014. That's 40% more which means much more new miners. Unfortunatelly they all go to one pool  

are you saying the pool cant be trusted?  i dont think you need to worry, if UTC become more profitable to mine, other profit-switching multipools will switch to it or add the option to mine Scrypt ChaCha

I doubt there is anything nefarious going on with the pool.  But I have to admit it did lower my expectations when I found there was only one pool with almost all the hash rate.  I've come to find the this coin is held up by its community of loyal followers.  One of the few coins that's actually worth holding onto.

UTC already pops up to the top occasionally with Kbombas Profit Calculator tool.  Which could explain some of the new miners.
https://github.com/KBomba/cuda-profit-calc/releases

The only problem with having profit-switching multipools targeting UTC will be a drop in price as it gets mercilessly pounded by the selling from miners dumping it.

Again, I'll offer up my pool.  http://utc.tumblingblock.com.   There's 0% tax.  There will be orphans until a decent hashrate achieved.  At 70kh/s we were getting orphans, but that's a very small percentage of the hash rate.

Its also PoW/PoS so should have better security against high hashrate pools assuming the PoS has now been implemented and working as intended.  Pool would need both to be the majority hashrate on UTC and the majority owner of UTC to try something naughty i believe.  So pool having a high rate is less of an issue for hybrid coin.  As I understand it the risks are alot higher for coins that are pure PoW like bitcoin with majority hashrate (eg: Cex.io) or for pure PoS coins when exchange owns majority of coins (eg Mintpal and Vericoin), so being and staying PoS/PoW is an understated advantage of UTC. 

[primouno]

I don't get some people. These are last 3 transactions from mintpal:

2014-08-21 05:20:01   SELL   0.00001088          145.99787711   0.00158845
2014-08-21 05:17:19   SELL   0.00001286       0.20295489   0.00000261
2014-08-21 01:32:12   BUY   0.00001595           1065.43876975   0.01699374

Last buy at 1595 sat for 1065 UTC and someone veeeeery smart is selling 145 UTC at the price 1088 sat. That is just brilliant

[usukan]

dont forget - if you want to donate UTC

This deal is still on according to the conditions

Cap is 0.000013

about 0.27 BTC donated already

all donations large and small all add up to achieve the total and show clearly that we are a real community at UTC.

Donate to UTC address

Ug5Arm3jgprKGU8riyLT4YZZdnhBZxvWVw

Then I donate BTC to the Conference address

Cheers



Thanks to all those who

primouno - here's an idea (yeah and its not a scam)

PURELY HYPOTHETICAL AT THIS STAGE

Suppose that any miners who want to make a donation in UTC - say how many UTC they want to donate on this forum. Lets keep it totally transparent.

I will quote a BTC value based on the significant BUY support level at the time on Cryptsy - on this forum.  It won't be the top buy rate - I am a businessman not a dickhead. Realistically this will be approx. 0.00001 - 0.000013 but could be lower if value falls.  If its above 0.000013 - deal is off unless you agree to the rate that I quote.

If you are a willing participant at the rate I quote - you post you agree on this forum and send me the UTC with the txID - yes trust is involved!

I will deposit the agreed BTC amount to the Conference donation address when the UTC are received - and I will post on this forum the amount of BTC and who donated plus the txID.

For your info - I am not selling at present - I am accumulating.      Think of your UTC going from one loving home to another !

Up to you and any other miners - and I will not rip you off don't worry about that.

Its a risk from both ends - but I am happy to do this for UTC.

Cap is 200k UTC total for this deal.

Just let me know if anyone wants to donate this way.

Deal is not on until the UTC management team endorse this AND anyone lets me know if I am breaking any rules with this offer.
If anyone gives me any grief - deal is off.  I'm not interested in troublemakers - just DONATIONS.

This is the UTC wallet address for UTC United Hashers Conference donations.

Ug5Arm3jgprKGU8riyLT4YZZdnhBZxvWVw

Remember - it matters not how small the donation is - it matters how many!  Many raindrops make a flood !

And if I don't get back immediately - I have a day job in a strange time zone - but I will get back asap

Can we set up an UTC wallet for donations? I think many people especially miners would love to donate but don't want to sell their UTC. As someone said before: we should use UTC to buy tickets or anything we need and we can buy for the conference.

[usukan]

History so far

Into UTC donation address

http://ultracha.in/address/Ug5Arm3jgprKGU8riyLT4YZZdnhBZxvWVw



Into BTC donation address

https://blockchain.info/tx/23ca1fbbebde262d62362ee462de5b240b3dd06385e936505613d1e45a879224

https://blockchain.info/tx/b9c3d7954b2543e1a4829638c4007039d9c64c6d74b3b12e16b4c28f64ff93e9

https://blockchain.info/tx/ef9622560b61c180a91b61a69957a2ec97de7d75363a2ef8f34696c598837a1f

https://blockchain.info/tx/3ad5dfef1b136b57196be94c62d9ba3adf11638ee010357c68c9b58a8a830f75

dont forget - if you want to donate UTC

This deal is still on according to the conditions

Cap is 0.000013

about 0.27 BTC donated already

all donations large and small all add up to achieve the total and show clearly that we are a real community at UTC.

Donate to UTC address

Ug5Arm3jgprKGU8riyLT4YZZdnhBZxvWVw

Then I donate BTC to the Conference address

Cheers



Thanks to all those who

primouno - here's an idea (yeah and its not a scam)

PURELY HYPOTHETICAL AT THIS STAGE

Suppose that any miners who want to make a donation in UTC - say how many UTC they want to donate on this forum. Lets keep it totally transparent.

I will quote a BTC value based on the significant BUY support level at the time on Cryptsy - on this forum.  It won't be the top buy rate - I am a businessman not a dickhead. Realistically this will be approx. 0.00001 - 0.000013 but could be lower if value falls.  If its above 0.000013 - deal is off unless you agree to the rate that I quote.

If you are a willing participant at the rate I quote - you post you agree on this forum and send me the UTC with the txID - yes trust is involved!

I will deposit the agreed BTC amount to the Conference donation address when the UTC are received - and I will post on this forum the amount of BTC and who donated plus the txID.

For your info - I am not selling at present - I am accumulating.      Think of your UTC going from one loving home to another !

Up to you and any other miners - and I will not rip you off don't worry about that.

Its a risk from both ends - but I am happy to do this for UTC.

Cap is 200k UTC total for this deal.

Just let me know if anyone wants to donate this way.

Deal is not on until the UTC management team endorse this AND anyone lets me know if I am breaking any rules with this offer.
If anyone gives me any grief - deal is off.  I'm not interested in troublemakers - just DONATIONS.

This is the UTC wallet address for UTC United Hashers Conference donations.

Ug5Arm3jgprKGU8riyLT4YZZdnhBZxvWVw

Remember - it matters not how small the donation is - it matters how many!  Many raindrops make a flood !

And if I don't get back immediately - I have a day job in a strange time zone - but I will get back asap

Can we set up an UTC wallet for donations? I think many people especially miners would love to donate but don't want to sell their UTC. As someone said before: we should use UTC to buy tickets or anything we need and we can buy for the conference.

[usukan]

Exactly

Try MINTING if you have not yet

Free coins to you

AND

Safety for UTC

Difficulty jumped from about 0.01 to 0.014. That's 40% more which means much more new miners. Unfortunatelly they all go to one pool  

are you saying the pool cant be trusted?  i dont think you need to worry, if UTC become more profitable to mine, other profit-switching multipools will switch to it or add the option to mine Scrypt ChaCha

I doubt there is anything nefarious going on with the pool.  But I have to admit it did lower my expectations when I found there was only one pool with almost all the hash rate.  I've come to find the this coin is held up by its community of loyal followers.  One of the few coins that's actually worth holding onto.

UTC already pops up to the top occasionally with Kbombas Profit Calculator tool.  Which could explain some of the new miners.
https://github.com/KBomba/cuda-profit-calc/releases

The only problem with having profit-switching multipools targeting UTC will be a drop in price as it gets mercilessly pounded by the selling from miners dumping it.

Again, I'll offer up my pool.  http://utc.tumblingblock.com.   There's 0% tax.  There will be orphans until a decent hashrate achieved.  At 70kh/s we were getting orphans, but that's a very small percentage of the hash rate.

Its also PoW/PoS so should have better security against high hashrate pools assuming the PoS has now been implemented and working as intended.  Pool would need both to be the majority hashrate on UTC and the majority owner of UTC to try something naughty i believe.  So pool having a high rate is less of an issue for hybrid coin.  As I understand it the risks are alot higher for coins that are pure PoW like bitcoin with majority hashrate (eg: Cex.io) or for pure PoS coins when exchange owns majority of coins (eg Mintpal and Vericoin), so being and staying PoS/PoW is an understated advantage of UTC. 

[king_pin]

What are the typical Hashrates for a 280X and 290 cards???

[primouno]

What are the typical Hashrates for a 280X and 290 cards???

According to whattomine at current n factor (14) 280x - 2,6 kH/s, 290 probably higher but don't know how much

http://www.whattomine.com/coins?utf8=%E2%9C%93&scryptf=true&factor%5Bscrypt_hash_rate%5D=475.0&factor%5Bscrypt_power%5D=176.0&factor%5Bscrypt_n_hr%5D=450.0&factor%5Bscrypt_n_p%5D=330.6&cha14f=true&factor%5Bcha14_hr%5D=2.0&factor%5Bcha14_p%5D=150&factor%5Bcha15_hr%5D=0.0&factor%5Bcha15_p%5D=0.0&x11f=true&factor%5Bx11_hr%5D=2500.0&factor%5Bx11_p%5D=130.0&factor%5Bx13_hr%5D=0.0&factor%5Bx13_p%5D=0.0&factor%5Bcost%5D=0.18&commit=Calculate&sort=Profit&volume=&factor%5Bkeccak_hr%5D=0.0&factor%5Bkeccak_p%5D=0.0&factor%5Bgro_hr%5D=15.0&factor%5Bgro_p%5D=228.0

[Uggle]

What are the typical Hashrates for a 280X and 290 cards???

According to whattomine at current n factor (14) 280x - 2,6 kH/s, 290 probably higher but don't know how much

http://www.whattomine.com/coins?utf8=%E2%9C%93&scryptf=true&factor%5Bscrypt_hash_rate%5D=475.0&factor%5Bscrypt_power%5D=176.0&factor%5Bscrypt_n_hr%5D=450.0&factor%5Bscrypt_n_p%5D=330.6&cha14f=true&factor%5Bcha14_hr%5D=2.0&factor%5Bcha14_p%5D=150&factor%5Bcha15_hr%5D=0.0&factor%5Bcha15_p%5D=0.0&x11f=true&factor%5Bx11_hr%5D=2500.0&factor%5Bx11_p%5D=130.0&factor%5Bx13_hr%5D=0.0&factor%5Bx13_p%5D=0.0&factor%5Bcost%5D=0.18&commit=Calculate&sort=Profit&volume=&factor%5Bkeccak_hr%5D=0.0&factor%5Bkeccak_p%5D=0.0&factor%5Bgro_hr%5D=15.0&factor%5Bgro_p%5D=228.0

My 280x gives me 3.8 - 3.9 kH/s per card