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Topic: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! - page 242. (Read 946650 times)

sr. member
Activity: 294
Merit: 250
Now we have pretty equal hashrate between Nitro 1 and Nitro 2. That's very good !  Grin Cheesy

http://bitgo.pw/utc/
Is this only for a couple hours or definitely?
Greekpool: 7.7 MH/s LeetPools.com: 5.3 MH/s Pool.pm: 1.3 MH/s
LET'S go to these three pools

Joined Greekpool  Smiley
sr. member
Activity: 406
Merit: 250
 UTC is very low at the Price now, i'm still with the Coin but have to pay for the elec-bill. It is so sad right now.
sr. member
Activity: 350
Merit: 250
I today add my and friends ~80 rigs to greekpool from nitro to help utc.
legendary
Activity: 1059
Merit: 1020
https://twitter.com/JStuhlman
today, there are many orphaned blocks in Nitro 1 and Nitro 2, what is going on ?
Greekpool: 7.7 MH/s LeetPools.com: 5.3 MH/s Pool.pm: 1.3 MH/s 
Try these POOLS

+1 nothing special about Nitro anymore use other pools
full member
Activity: 238
Merit: 100
http://ultracoin.net/ - Ultracoin Website http://c
today, there are many orphaned blocks in Nitro 1 and Nitro 2, what is going on ?
Greekpool: 7.7 MH/s LeetPools.com: 5.3 MH/s Pool.pm: 1.3 MH/s 
Try these POOLS
full member
Activity: 131
Merit: 100
today, there are many orphaned blocks in Nitro 1 and Nitro 2, what is going on ?
newbie
Activity: 36
Merit: 0
With the difficulty under 1, I actually tried solo mining for two days. I found 1 block Smiley Still, as I have never solo mined before, it was cool to do.

Question: Are there so many orphans because one or two pools are so huge? If there were 10 pools, each with 10% of the hash rate would the orphan rate go down, or would it be the exact same, just more distributed. I am wondering if soloing is ever really practical.
newbie
Activity: 31
Merit: 0
is there a problem with nitro pool? im not getting the amount of coin i expect for my current hash-rate.. i mean not even close? am i missing something?

Nitro1 is averaging about 10 orphan blocks an hour right now. That may have something to do with it.

do you suggest for me to switch pool? what other pool is recommended?
legendary
Activity: 1638
Merit: 1011
jakiman is back!
If I buy, everyone starts selling. If I sell, everyone starts buying. I was born with this amazing skill.
member
Activity: 99
Merit: 10
is there a problem with nitro pool? im not getting the amount of coin i expect for my current hash-rate.. i mean not even close? am i missing something?

Nitro1 is averaging about 10 orphan blocks an hour right now. That may have something to do with it.
legendary
Activity: 1537
Merit: 1005

If you ever want to know when a coin is about to crash, just PM me.  If I am on the verge of buying in so that I don't miss the boat, it's about to crash.  If I don't feel the need to buy it as I feel it's overpriced, it's probably still going up.  If I have no opinion on it whatsoever, it's probably getting ready to go to the moon. 



hahaha, join the club.
and i was thinking i'm only bad trader here   Grin

We should definitely make a club.
newbie
Activity: 49
Merit: 0

If you ever want to know when a coin is about to crash, just PM me.  If I am on the verge of buying in so that I don't miss the boat, it's about to crash.  If I don't feel the need to buy it as I feel it's overpriced, it's probably still going up.  If I have no opinion on it whatsoever, it's probably getting ready to go to the moon. 



hahaha, join the club.
and i was thinking i'm only bad trader here   Grin
newbie
Activity: 31
Merit: 0
is there a problem with nitro pool? im not getting the amount of coin i expect for my current hash-rate.. i mean not even close? am i missing something?
sr. member
Activity: 448
Merit: 250

If you ever want to know when a coin is about to crash, just PM me.  If I am on the verge of buying in so that I don't miss the boat, it's about to crash.  If I don't feel the need to buy it as I feel it's overpriced, it's probably still going up.  If I have no opinion on it whatsoever, it's probably getting ready to go to the moon. 



hahaha, join the club.
full member
Activity: 224
Merit: 100
Now we have pretty equal hashrate between Nitro 1 and Nitro 2. That's very good !  Grin Cheesy

http://bitgo.pw/utc/
Is this only for a couple hours or definitely?

From What I can see allot of miners left Nitro 1. Usually there is around 700 miners on Nitro1 and right now only 400.

BC is crashing HARD!

If you ever want to know when a coin is about to crash, just PM me.  If I am on the verge of buying in so that I don't miss the boat, it's about to crash.  If I don't feel the need to buy it as I feel it's overpriced, it's probably still going up.  If I have no opinion on it whatsoever, it's probably getting ready to go to the moon. 

full member
Activity: 143
Merit: 100
Good to hear there is a development in progress. Thanks Michael.
full member
Activity: 238
Merit: 100
http://ultracoin.net/ - Ultracoin Website http://c
Progress report:

The devs are working hard on the phase 2 wallet update,and are making great progress.


This update will feature:

-Heartbleed fix

The heartbleed bug exposed vulnerabilitys in the OpenSSL protocol,on the reccomendation of the bitcoin core developers we are taking action to ensure the safety of our community,this also shows we are on top of the developements as an active team.


-Coincontrol

This fix allows users to keep old coins for maximum pos reward,and only spend newer coins that came into the wallet.


-Change the blockreward

As you know the current model turned out to be unsustainable,so we had to take action to ensure the interest of everyone.In this original model the daily supply is 144000 as opposed to LTC`s 25000.This means there has to be at least 6 times more demand for UTC then there is for LTC.This is an unrealistic expectation for a new coin,aswell as having 52% of the total coins mined in the first year.

We are taking an eco friendly route and all mining will be completed within 6 years time from now,we will have a blockreward of 15 for 4 years, and then a blockreward of 10 for 2 years.After this 6 year perdiod we are transitioning into 100% pos,and 10 million UTC will be distributes as POS rewards.


Dcgirl is working on the arbitrage program and its going to be a powerfull tool to expose arbitrage pathways to gain profit from.This fantastic it wil be based on a freemium model,that means the program is free ,and you can get enhanced features and functionality by monthly subscryption.We are doing this becasue we need to fund the developement funds to attend more conventions like the sweden conference where i was aksed to attend an altcoin panel.

We are also developing the ingame payment strategy , as well as communicating with a company about an online payment processor.

many nice developements in the Ultracoin community so stay tuned!  Wink

GOOD JOB! but i think we can learn something from dogecoin.more advertisement,let more people know UTC...etc
hero member
Activity: 728
Merit: 501
Progress report:

The devs are working hard on the phase 2 wallet update,and are making great progress.


This update will feature:

-Heartbleed fix

The heartbleed bug exposed vulnerabilitys in the OpenSSL protocol,on the reccomendation of the bitcoin core developers we are taking action to ensure the safety of our community,this also shows we are on top of the developements as an active team.


-Coincontrol

This fix allows users to keep old coins for maximum pos reward,and only spend newer coins that came into the wallet.


-Change the blockreward

As you know the current model turned out to be unsustainable,so we had to take action to ensure the interest of everyone.In this original model the daily supply is 144000 as opposed to LTC`s 25000.This means there has to be at least 6 times more demand for UTC then there is for LTC.This is an unrealistic expectation for a new coin,aswell as having 52% of the total coins mined in the first year.

We are taking an eco friendly route and all mining will be completed within 6 years time from now,we will have a blockreward of 15 for 4 years, and then a blockreward of 10 for 2 years.After this 6 year perdiod we are transitioning into 100% pos,and 10 million UTC will be distributes as POS rewards.


Dcgirl is working on the arbitrage program and its going to be a powerfull tool to expose arbitrage pathways to gain profit from.This fantastic it wil be based on a freemium model,that means the program is free ,and you can get enhanced features and functionality by monthly subscryption.We are doing this because we need to fund the developement funds to attend more conventions like the sweden conference where i was aksed to attend an altcoin panel.

We are also developing the ingame payment strategy , as well as communicating with a company about an online payment processor.

many nice developements in the Ultracoin community so stay tuned!  Wink
full member
Activity: 228
Merit: 100
Now we have pretty equal hashrate between Nitro 1 and Nitro 2. That's very good !  Grin Cheesy

http://bitgo.pw/utc/
Is this only for a couple hours or definitely?

From What I can see allot of miners left Nitro 1. Usually there is around 700 miners on Nitro1 and right now only 400.

BC is crashing HARD!
full member
Activity: 238
Merit: 100
http://ultracoin.net/ - Ultracoin Website http://c
Now we have pretty equal hashrate between Nitro 1 and Nitro 2. That's very good !  Grin Cheesy

http://bitgo.pw/utc/
Is this only for a couple hours or definitely?
Greekpool: 7.7 MH/s LeetPools.com: 5.3 MH/s Pool.pm: 1.3 MH/s
LET'S go to these three pools
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