Topic: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! - page 244. (Read 946650 times)

Who can tell why the actual number of received coins somewhere in the 1.5-2 times less than what shows on the bullet?
Information on the pool
Rank          User name          kH/s   UTC/DAY    USD/Day
n/a       barbados-fs    443    603.539    7,588.2958


Фepмa 1
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 yacminer version 3.5.0-yac2 - Started: [2014-04-15 21:29:34]
--------------------------------------------------------------------------------
 (5s):254.2K (avg):257.6Kh/s | A:34800  R:8  HW:5  U:233.39/m  WU:245.41/m  FB:1
 ST: 2  SS: 0  NB: 284  LW: 5074  GF: 0  RF: 0
 Connected to ultra.nitro.org diff 64 NF 12 with stratum as user barbado
 Block: 877c472d320776d3...  Diff:54K  Started: [23:57:48]  Best share: 140K
--------------------------------------------------------------------------------
 [Pool management [GPU management [Settings [Display options [Quit
 GPU 0:  60.0C 3366RPM | 64.45K/64.44Kh/s | A:7648 R:4 HW:1 U: 51.29/m T:1 rI:80
 GPU 1:  58.0C 3366RPM | 64.46K/64.37Kh/s | A:9536 R:1 HW:0 U: 63.95/m T:1 rI:80
 GPU 2:  58.0C 3396RPM | 64.43K/64.40Kh/s | A:9072 R:1 HW:1 U: 60.84/m T:1 rI:80
 GPU 3:  52.0C 3364RPM | 64.43K/64.42Kh/s | A:8544 R:2 HW:3 U: 57.30/m T:1 rI:80


Фepмa 2
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  yacminer version 3.5.0-yac2 - Started: [2014-04-15 23:52:31]
--------------------------------------------------------------------------------
 (5s):160.8K (avg):159.5Kh/s | A:992  R:1  HW:9  U:118.38/m  WU:125.54/m  FB:0
 ST: 2  SS: 0  NB: 20  LW: 312  GF: 0  RF: 0
 Connected to ultra.nitro.org diff 32 NF 12 with stratum as user barbado
 Block: 7a6a3afcad463017...  Diff:53.9K  Started: [00:00:50]  Best share: 557
--------------------------------------------------------------------------------
 [Pool management [GPU management [Settings [Display options [Quit
 GPU 0:  51.0C 3107RPM | 39.87K/39.88Kh/s | A:416 R:0 HW:5 U: 49.64/m T:1 rI:100
 GPU 1:  53.0C 3029RPM | 39.90K/39.88Kh/s | A:192 R:1 HW:2 U: 22.91/m T:1 rI:100
 GPU 2:  54.0C 3096RPM | 39.94K/39.92Kh/s | A:160 R:0 HW:1 U: 19.09/m T:1 rI:100
 GPU 3:  50.0C 3107RPM | 39.91K/39.90Kh/s | A:224 R:0 HW:1 U: 26.73/m T:1 rI:100

If I get the sum rate 417kH / s if you take on WU, then 370.95 / m
Ie however according to the pool should get 600 UTC well even though 500, and really only 300-340 UTC per night.

ultra nitro 2 doesn't show the pool link, how can we go to this pool?

ultra nitro 2 doesn't show the pool link, how can we go to this pool?

I think Nitro1 need shutdown forever.
NET HASHRATE: 110MH/s
NITRO 2: 60MH/s
----> SO GOOD  

how many utc you have in your wallet. to make it more decentralized make it so each computer can only use 20,000 stakecoins for the pos. if you have more coins then you will need to have more than 1 computer running. this will protect the network even more and make the money supply distributed

add scrypt and sha256 mining multipool that pays out in utc.
and people who want to buy utc with their mining hardware and electricity can do it by mining at the multipool and this ensures that utc is always profitable

EDIT: Here is Thirtybird's reply

"You did not specify an nfmin, nfxmax and starttime for the second pool.  Those commands are like -o, -p and -u and need to be specified for each pool."

Problem was in .bat file, thanks Thirtybird. Sent you a tip, you have been a great help.

Bumface do you already have the bount set for the press release? we need it now market is coming back on positive!!

pos should be per block instead of per year.
remove pow and make it just pos.
make block time 6 seconds
and 0.195 utc per block
and minimum transaction fee 0.01 or 0.005 ultracoin.

all PoW is is a lottery system where you have more lottery tickets if you have better and more hardware.
all it does is process transactions by leaving computer running. the difficulty and algorithm solving and all that extra power wasting is just wasted and needs bad money supply to make the incentive to run.

same transactions can be processed using PoS in a way where it gives people who have their computer open incentive to keep their wallet open to secure the network and process transactions every block.
that version of PoS is more secure than PoW.

if ultracoin changes to this form of PoS then there is no need for money supply more than 1 million utc a year.

cap utc maximum coins at 35 million and now there is 12.5 million so it will take 17 years for coins to run out, make block time 6 seconds, add 1 million added each year, which would mean about 2807 utc a day, or 0.195 utc per block(6 seconds)
these will be distributed to the people that have their wallet open which secures the network and processes transactions in a lottery fashion where you have more lottery tickets depending on how many utc you have in your wallet. to make it more decentralized make it so each computer can only use 20,000 stakecoins for the pos. if you have more coins then you will need to have more than 1 computer running. this will protect the network even more and make the money supply distributed

add scrypt and sha256 mining multipool that pays out in utc.
and people who want to buy utc with their mining hardware and electricity can do it by mining at the multipool and this ensures that utc is always profitable

everyone wins in this. past utc buyers and holders and future buyers and holders win equally because this helps the coin itself.
 
Also add more features to utc like Encrypted or unencypted messaging system between wallets,
Betting on an outcome of something using feeds, User created assets and Distributed asset exchange, Hardware wallet and payment proccessing solution, Decenteralized altcoin call and put options exchange with multi-chain support.

we all deserve to be wealthy and utc deserves to be in the top 3 coins

+1 helping out @cryptsy trollbox

I have a problem-when you cut off my nitro.org yakmayner just stops working on other pools (ultra2.nitro.org, litenpul, grekpul). Absolutely no acceptances and speed immediately drops 2 times. In this case, when the nitro restarted yakmayner starts working on all pools, which before had he not rabotal.V problem? Launch ultramayner - running successfully on all pools. (Ksozhaleniyu Google transliteration bad translation into English)

(У мeня тaкaя пpoблeмa -кoгдa oтключaют нитpo.opг тo мoй якмaйнep пpocтo пepecтaeт paбoтaть нa дpyгиx пyлax (yльтpa2.нитpo.opг, литeнпyл, гpeкпyл ). Coвepшeннo нeт aкцeптoв и cкopocть cpaзy пaдaeт в 2 paзa. Пpи этoм, кoгдa нитpo внoвь нaчинaeт paбoтaть якмaйнep нaчинaeт paбoтaть нa вcex пyлax, нa кoтopыx ДO этoгo oн нe paбoтaл.B чeм пpoблeмa?Зaпycкaю yльтpaмaйнep - paбoтaeт ycпeшнo нa вcex пyлax. (Кcoжaлeнию гyгл тpaнcлит плoxo пepeвoдит тeкcт нa aнглийcкий))

All great suggestions. We are currently working with our coin dev to define the next set of changes. We expect to communicate these specific plans in the next few days, and development (which is already underway for some changes) will follow immediately. The plans include both changes to the coin and to POS.

We all recognize that this is the time to step up. And that's what the whole UTC team is doing. We are looking at short-term ways to increase profitability as well as long-term ways to differentiate UTC from the rest of the crypto world.

One area that everyone can help in is in raising the visibility of UTC. We need you to openly support us on twitter, on chats, in forums, in IRCs - everywhere. That type of effort is every bit as affective as changing the reward schedule. So I'm asking everyone to help. And please ask me if you need help with Twitter!

There are few things worth trying. I think we are at the beginning of real coinwars. In the last few months, we had hyper-production of all kind of alt-coins. Almost 95% of them have little or no value. People are switching around different coins in search of biggest profit. To address this situation  BC created a Multipool to pump up the BC...

One should make Nitro multipool, and start pumping UTC the same way they did.
 
One should set new N factor, to make UTC even more complicated to mine, and offer the miners a multipool with easy miner configuration, that will work for all, no matter how much memory they do (or don't) have. That will solve all problems with miners setup, orphans, hashrate distribution, and so on... And constant buying from multipool will raise the price, at the expense of other coins.

At the end, the only coins to survive, will be the ones, that have most miners, and biggest hashrate concentrated in their multipools. Other coins, with less hash will be mined out...

Another idea is to use proof of stake, to make coin more attractive. Let's say, one should reward miner with 25 coins now, and another 25 if the miner keep the coin for a year (let's call that interest). Now divide the year in 12 months, and pay interest monthly. After one year, when the full reward is payed out, coin should continue to earn whatever interest you originally planned, and in that way the original dynamics of coin creation are not disturbed.

Now, the interesting part is, if you sell the coin early, before the full first 12 months, the buyer gets the rest of interest with the coin. In my opinion, that will create the need to hold the coin at least for some time, in order to maximize your profit. Miner will sell little UTC to cover their expenses, and hold the rest.

Those two concepts combined (multipool that pays out UTC, and reward for mining that is split 50% now, 50% in 12 months) should raise the price...



Or someone should have a better plan how to do it...