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

[fredeq]

Its quite normal for diff retarget to take time to normalize. I guess we had some hoppers trying to benefit from low diffs as well.

I just hope the digi-retarget is finally fixed (It caused blockchain to create under 80% target coins in the past).

[king_pin]

I really really doubt that there are any hoppers. Lets make a list of S-jane Coins:
UTC
YAC
Cache
maybe a few more minor once...

And even less are at NF14, so who is hopping? Hopping between S-crypts is a real headache, so it just doesn't seem like a viable theory for the difficulty spikes.  

[rapture333]

@Kracko
I see that the difficulty is still Jumping up and down like a rabbit. And it does reflect profitability, but I agree things are better.
I also see that your fork as almost ZERO effect on Orphans.

Besides your explanation of Phantom miners coming and going, and fictional Solo miners being true...
Why were we forking again?

OH, yeah to give Stake holders more profit
Just admit that the dev. team holds HUGE amounts of UTC and wants to make more money out of it.

I don't see how this fork would benefit us in the dev team. I hold approximately 155,000 Ultracoin and have the screenshots to prove it, not to mention, I have never sold. Paul and Fabian have never sold as well. I don't see how forking again could have any affect on us, that's like shooting yourself in the foot to prevent blood loss.

[fredeq]

I really really doubt that there are any hoppers. Lets make a list of S-jane Coins:
UTC
YAC
Cache
maybe a few more minor once...

And even less are at NF14, so who is hopping? Hopping between S-crypts is a real headache, so it just doesn't seem like a viable theory for the difficulty spikes.  

Well you can hop between lets say Jane and X11. Just needs right software.

[Kracko]

@Kracko
I see that the difficulty is still Jumping up and down like a rabbit. And it does reflect profitability, but I agree things are better.
I also see that your fork as almost ZERO effect on Orphans.

Besides your explanation of Phantom miners coming and going, and fictional Solo miners being true...
Why were we forking again?

OH, yeah to give Stake holders more profit
Just admit that the dev. team holds HUGE amounts of UTC and wants to make more money out of it.

@king_pin You sure bake some interesting ideas under that tinfoil hat of yours.

[Janu$$]

Hi.

I need your help. I am mining for 24 hours solo with yacminer on five Radeon 280X cards with roundabout 20kH/s and I haven´t got any accepted share not even an orphan. Before I mined solo with ultracoin miner for 24 hours. That gave me a couple of hits (of course unfortunately all orphans:( ).
My question:
I read about the diff<1 problem with yacminer. Yacminer(cgminer.exe) indicates a diff of 3.1k at the moment and ultabex.tumlingblock.com indicates a difficulty of 0.112.
Is the "diff<1" (integer datatype) problem most likely the reason that I don´t find even one block with yacminer and so UTC can not be mined solo with yacminer as long as the diff is lower than 1?

Regards,
Janus

If you are solo-mining UTC, the difficulty < 1 issue should never even come into play (unless the coin is dead).  As you pointed out, it was registering as 3.1K in your miner - the issue arises when vardiff on pools generate non-integer difficulties for the miner.  Your problem is that you just didn't find any shares over the target difficulty, which seems pretty unlikely, though possible given the very swingy difficulty.

Thank you very much for your explanation. Now I understand the difficulty < 1 problem and that I am not affected if I mine solo. Meanwhile I got the proof of that: I was lucky and hit 2 blocks. Great.
Regards,
Janus

[Namsbreh]

I can switch my rigs between algos within a few mins and have indeed been doing that on occasions recently.  If I do it I am sure others do too.

[usukan]

From a user perspective - UTC appears to be back in business.

The new wallets install and work on multiple Windows versions - coins transfer and the increase in transaction time is not even noticeable IMO.

Despite the griping of some miners (a normal and continuous condition) - mining has commenced and rising favourably. Please observe.

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

IMO UTC is back on track and better than before. UTC has proved that it has the dev power to prevail adversity.

This should have never happened but it has clearly demonstrated that UTC has the dev power and the community to weather a good storm.  I was always concerned about weakness in the UTC dev team - these fears are dispelled now. I think we need to acknowledge that Kracko has proved himself with flying colours. Nevertheless we need more horsepower than just Kracko + in the future.  UTC Management - please keep new talent coming in to support Kracko.

Finally - to Kracko and Steven.  Great job here on all fronts guys.  Go and get some sleep sometime soon.  Thanks for your great works and tireless efforts in support of UTC.

Cheers usukan

[king_pin]

@Kracko
I see that the difficulty is still Jumping up and down like a rabbit. And it does reflect profitability, but I agree things are better.
I also see that your fork as almost ZERO effect on Orphans.

Besides your explanation of Phantom miners coming and going, and fictional Solo miners being true...
Why were we forking again?

OH, yeah to give Stake holders more profit
Just admit that the dev. team holds HUGE amounts of UTC and wants to make more money out of it.

@king_pin You sure bake some interesting ideas under that tinfoil hat of yours.

hahahaha, I do have a Tinfoil HAT, but I use it only when I am in the mining farm, It really helps if you stay for too long :

@fredeq
There are, I used them and it is troublesome, rigs freeze, you need to use different freqs. its not very effective
It is much easier to switch between coins of one scrypt or between lets say X11, X13, X15

[Valpe]

From a user perspective - UTC appears to be back in business.

The new wallets install and work on multiple Windows versions - coins transfer and the increase in transaction time is not even noticeable IMO.

Despite the griping of some miners (a normal and continuous condition) - mining has commenced and rising favourably. Please observe.

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

IMO UTC is back on track and better than before. UTC has proved that it has the dev power to prevail adversity.

This should have never happened but it has clearly demonstrated that UTC has the dev power and the community to weather a good storm.  I was always concerned about weakness in the UTC dev team - these fears are dispelled now. I think we need to acknowledge that Kracko has proved himself with flying colours. Nevertheless we need more horsepower than just Kracko + in the future.  UTC Management - please keep new talent coming in to support Kracko.

Finally - to Kracko and Steven.  Great job here on all fronts guys.  Go and get some sleep sometime soon.  Thanks for your great works and tireless efforts in support of UTC.

Cheers usukan

I agree all 

[rapture333]

I have just received the latest shipment of t-shirts, if you have donated to the Hasher's United donation fund or for the North American Bitcoin Conference fund, please send me a PM or e-mail me at Steven@Ultracoin.net with your name, address, and t-shirt size. I will verify the donation and send out the shirt tomorrow. I have to warn you, they are extremely comfortable and you may not want to take it off.

Happy holidays,

Steven "Rapture"
Management Director
Steven@Ultracoin.net

[usukan]

lift-off!

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

seems mining all restored now

[ready4live]

Hi to all! Why Cryptsy wallet is on maintense for some days? Maybe UTC developers can try to solve this problem.

[tuankiet716]

Hi dev how much volume to decrease 1/2 and increase n15

[Rabinovitch]

Got my first 30+30 UTC in solo today. )

[primouno]

Got my first 30+30 UTC in solo today. )

Congrats Quite nice. What GPU's do you use and how many? Maybe I'll try solo mining too.

[rapture333]

Worked with Bittrex last night to help them get the exchange running, they are back online now.

Cryptsy appears to be online as well.

[BorisWCR]

NOPE !.....  the UTC wallet on Cryptsy is still under maintenance

 

Worked with Bittrex last night to help them get the exchange running, they are back online now.

Cryptsy appears to be online as well.

[rapture333]

That's odd, they appeared to have volume today. I will reach out to them to see what is going on.

[Janu$$]

Got my first 30+30 UTC in solo today. )

Congrats Quite nice. What GPU's do you use and how many? Maybe I'll try solo mining too.

After the new wallet update I decided to try solo mining with my five 280x. All of them give me >4kH/s, so I am mining with roundabout 20kH/s. In the last 24h I hit 5 blocks. I am not sure if this is average, but I am happy with it. It shows that UTC solo mining is possible.
Regards,
Janus