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Topic: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! - page 220. (Read 946654 times)

full member
Activity: 228
Merit: 100
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
full member
Activity: 284
Merit: 101
But currently the nfactor is high enough to be not so profitable for gpu?
full member
Activity: 136
Merit: 100
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
member
Activity: 96
Merit: 10
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
full member
Activity: 154
Merit: 100
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/

full member
Activity: 143
Merit: 100
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?
hero member
Activity: 809
Merit: 501

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

So is this basically 4 different multipools paying out in UTC (one for each algo)? I assume scrypt-N adaptive applies just to current VertCoin NFactor (10)?

Keccak, scrypt, scrypt-n 11 and sha256.

Hope it helps lazy miners get some UTC then :p

Thanks ivan. I feel like some other options could be added, just sayin. Smiley
sr. member
Activity: 1221
Merit: 250
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


I know the prize is gone, but still , they will have this face......

hero member
Activity: 812
Merit: 1000

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

So is this basically 4 different multipools paying out in UTC (one for each algo)? I assume scrypt-N adaptive applies just to current VertCoin NFactor (10)?

Keccak, scrypt, scrypt-n 11 and sha256.

Hope it helps lazy miners get some UTC then :p
member
Activity: 111
Merit: 10
I think UTC need fix orphan. We have a lot of orphans.
Plz fix:
1: 51% attach(all hashrate in nitro <--- not good)
2: Block time target: 30 seconds change to 45 seconds or 60 seconds.

Multipool only run scypts because it is easy to config.
hero member
Activity: 809
Merit: 501

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

So is this basically 4 different multipools paying out in UTC (one for each algo)? I assume scrypt-N adaptive applies just to current VertCoin NFactor (10)?
member
Activity: 111
Merit: 10

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

This is great news! UTC to da moon !!!
full member
Activity: 238
Merit: 100
http://ultracoin.net/ - Ultracoin Website http://c

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
awesome
newbie
Activity: 7
Merit: 0

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?
legendary
Activity: 1834
Merit: 4197

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

Cool cool..hope this attracts more hash for utc. I hope the back end is more robust then the front end. It's Plain jane. Tongue  Miners like bells and whistles.
hero member
Activity: 684
Merit: 500
Veni. Vidi. Vici.

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

This is great news! Thanks for the update! Smiley We also need to get you a higher res logo for that central image!
member
Activity: 84
Merit: 10

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
hero member
Activity: 732
Merit: 500
Thanks for all the hard work Devs!

I actually pulled out of altcoins completely at one point in the near past because I didn't see any change, and swore I'd only play the BTC/USD market. You guys have definitely sparked my interest again.
It's nice seeing a team that has a game plan for the future influx of ASIC's. In my humble opinion, the only winners once the ASIC's hit basic scryptcoins will be first and foremost Bitcoin, because it will be receiving all the volume from the mass of miner dumpers -and second, those altcoins (especially Ultracoin) that has relentlessly tried to keep this coin a future altcommodity/currency.

What exactly do these basic scryptcoin's have in their arsenal for a line of defense, i.e. Litecoin, Doggycoin, Fedoracoin, etc... Do they just "up" their difficulty level on a massive scale? How does that affect the growth of the coin and community? Wouldn't that just make those coin's future only feasible for the ASIC community, which would limit it immensely?

I mean just look at fedoracoin. They've mined almost half their coins (total 500,000,000,000) in just under 5 months. All it does is push the price down even lower. It's like these type coins don't even understand the concept of a commodity and terms of "peak mining" for a limited resource. Their recent solution is that they temporarily got multipool from mining their coin. YEA!!! HUGE SUCCESS!!! Yet, wait till the ASIC's hit!!!

Any comments/thoughts appreciated.

Thanks again Dev's!

Craig Claussen
UkJjBkYBRsqymbAJh1rqsSTbBZfH91Jkih






legendary
Activity: 1538
Merit: 1210
Some quiz from me  Wink
What day will be block change from 50 to 15 (judgement day for dumpers)?
The winner takes 1000 UTC Smiley

On Sunday Tongue 27/04/14
member
Activity: 112
Merit: 10
If UTC was the primary trade pair on exchanges, how much faster would it be to transfer funds from one exchange to the next?  

I've done some testing on this, the average for all exchanges is between 6 and 7 minutes. The slowdown is because they have a daemon that runs on a cycle, usually 5 minutes, that looks for and processes withdrawals and deposits. We have been considering ways to get exchanges to prioritize UTC transfers, may be able to get that if we bring volume.

And the difference between coins is only noticeable for those those with slow confirmation times.

Great, thanks for the info!
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