[ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! - page 305.

SxC

sr. member

Activity: 336

Merit: 250

Quote from: fondobinario on March 28, 2014, 07:28:52 PM

WWW.BINARYFUND.COM

WE ARE PROUD TO HAVE UTC WITH US

Introducing Binary Fund!

What is Binary Fund?
Binary Fund is a state of the art exchange platform for crypto currencies. It has been developed to meet the needs of those new to trading and experienced traders alike.

FEATURES
Secure coin storage. Every coin is send to a cold storage wallet so only the Binary Fund crew can access it.
Candle stick graphs for every market pair to view the price history.
We allow bank transfer to deposit fiat into your account without going through a third party.
We have trading pairs for trading with GBP, EUR and USD.
User friendly website with adjustable market pairs. You can hide market pairs you’re not interested in.
Withdrawal through PayPal and bank transfer.
Regular competitions with crypto prizes.
Lively and engaging chat.
LOW FEES!

DESIGN
Binary Fund is designed with the user in mind. Trading is laid out to make it as easy and powerful as possible. With a clean, clear, concise layout even new users will understand how the platform works in only a few minutes.

COINS
At Binary Fund we choose our crypto currencies wisely, we do our best to investigate and research a coin before adding it. Only coins that we think may have a future are added to the exchange. We don’t accept bribes or have paid voting systems.

We will be holding a competition please join us to win some Crypto currency on the 29/03/2014 @ 22:00PM GMT

Has any1 received the $50 giveaway yet ?

i know i never got it

fondobinario

newbie

Activity: 24

Merit: 0

WWW.BINARYFUND.COM

WE ARE PROUD TO HAVE UTC WITH US

Introducing Binary Fund!

What is Binary Fund?
Binary Fund is a state of the art exchange platform for crypto currencies. It has been developed to meet the needs of those new to trading and experienced traders alike.

FEATURES
Secure coin storage. Every coin is send to a cold storage wallet so only the Binary Fund crew can access it.
Candle stick graphs for every market pair to view the price history.
We allow bank transfer to deposit fiat into your account without going through a third party.
We have trading pairs for trading with GBP, EUR and USD.
User friendly website with adjustable market pairs. You can hide market pairs you’re not interested in.
Withdrawal through PayPal and bank transfer.
Regular competitions with crypto prizes.
Lively and engaging chat.
LOW FEES!

DESIGN
Binary Fund is designed with the user in mind. Trading is laid out to make it as easy and powerful as possible. With a clean, clear, concise layout even new users will understand how the platform works in only a few minutes.

COINS
At Binary Fund we choose our crypto currencies wisely, we do our best to investigate and research a coin before adding it. Only coins that we think may have a future are added to the exchange. We don’t accept bribes or have paid voting systems.

We will be holding a competition please join us to win some Crypto currency on the 29/03/2014 @ 22:00PM GMT

Nalacha

newbie

Activity: 11

Merit: 0

Quote from: MasterCATZ on March 28, 2014, 07:21:15 PM

Quote from: Nalacha on March 28, 2014, 07:06:35 PM

Can anyone help???

I want to get up and running again i am just at a loss!

try YACMiner that thirtybird made

https://github.com/Thirtybird/YACMiner/wiki
https://github.com/Thirtybird/YACMiner/blob/master/SCRYPT-README
https://github.com/Thirtybird/YACMiner/blob/master/README.md

if its only when you add the other card I would have thought power issue but the 1000watt PSU has me leaning towards an memory shortage

try increasing your gpu thread count x2 and half TC this should allow more to run in RAM ?
maybe increase gap size x2

I will try the new miner... I am going with its almost the same thing as CGminer(SJ)

i am soo new to this.. what you have told me almost is a different lang to me..

how do i increase my GPU thread count. half my TC to what? and i tired the gap size to 2 and 3 and still nothing.. again this all worked before i messed my settings up and now i get nothing!

ICBCOK

full member

Activity: 152

Merit: 100

It would be nice to be able to lock a set amount of coins in the wallet for the use of stake, and there would then also be a password and a warning text that says that the timer on these coins will now be reset when moving them out of the "vault". Sure I could have a separate wallet for staking my coins but implementing it into the wallet would be much cooler

MasterCATZ

full member

Activity: 426

Merit: 100

Quote from: Nalacha on March 28, 2014, 07:06:35 PM

Can anyone help???

I want to get up and running again i am just at a loss!

try YACMiner that thirtybird made

https://github.com/Thirtybird/YACMiner/wiki
https://github.com/Thirtybird/YACMiner/blob/master/SCRYPT-README
https://github.com/Thirtybird/YACMiner/blob/master/README.md

if its only when you add the other card I would have thought power issue but the 1000watt PSU has me leaning towards an memory shortage

try increasing your gpu thread count x2 and half TC this should allow more to run in RAM ?
maybe increase gap size x2

Sanasol

member

Activity: 98

Merit: 10

UTC added to SanCrypto
http://sancrypto.info/index/show/UTC/

Nalacha

newbie

Activity: 11

Merit: 0

Can anyone help???

I want to get up and running again i am just at a loss!

sunny168

member

Activity: 63

Merit: 10

It would be nice to be able to lock a set amount of coins in the wallet for the use of stake, and there would then also be a password and a warning text that says that the timer on these coins will now be reset when moving them out of the "vault". Sure I could have a separate wallet for staking my coins but implementing it into the wallet would be much cooler

Nalacha

newbie

Activity: 11

Merit: 0

I have the miner like i said it worked before now it does not.. even with my one card installed not 2.

Thiago1

full member

Activity: 138

Merit: 100

Quote from: Thiago1 on March 28, 2014, 06:27:02 PM

Quote from: Nalacha on March 28, 2014, 06:20:34 PM

Quote from: Thirtybird on March 28, 2014, 02:34:15 PM

Quote from: Nalacha on March 28, 2014, 02:08:10 PM

Hey all I am having an issue with my UTC mining.. I just got another 7950 card so I have 2 in total now..

before i was able to mine with what settings i had no problem.. now since i added the new card i always get hardware errors...

I took the card out and i am getting the same issue..

my settings are this.

ultracoinminer -o stratum+tcp://ultra.nitro.org:3337 -u xxx -p xxx --scrypt-jane --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600 -I 11 --thread-concurrency 8192

i think i had this before when i was at 1 card but at this point i can't get anything to work..

my rig is an old amd x2 core 5g ram 1000 PSU win 7 64 2x7950
1 120ssd..

I really would love some help all I tired using this...

setx GPUMAXALLOCPERCENT 100
setx GPUUSESYNCOBJECTS 1
ultracoinminer -o stratum+tcp://ultra.nitro.org:3337 -u xxx -p xxx --scrypt-jane --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600 -w 256 -g 2 -I 12 --thread-concurrency 16384 --no-submit-stale --expiry 10 --scan-time 1 --queue 0

and deleted a few things and see if that helped and nothing...

I was under the impression you can only mine at I11 not 12... but either way i still need help!!!!

Ya, I can see you're just guessing at this point. Forget -g 2 - it hurts more than it helps with UTC. You are allocating way too little memory - Assuming you have 2 GB cards.. if you insist on using that miner, bump your thread-concurrency up to 24000 or so, set your lookup-gap to 3 and crank the intensity. If your miner support xintensity, xI =8 or xI = 16 is a nice setting.

I did try all that and still same thing.. i really dont understand i can do lite coin bit coin no problem but not able to do UTC anymore....

Try this . Thread-concurency 8192 I- 11 -g 2 i forget You have old amd

. do You have the right CGMINER for scrypt Jane regular cgminer not work for Ultracoin

Nalacha

newbie

Activity: 11

Merit: 0

Try this . Thread-concurency 8192 I- 11 -g 2 i forget You have old amd
[/quote]

no thats not working as well.. I had this working great with one card before then i added the new one then i get the HW so i take the card out and now i am forever getting HW....

Thiago1

full member

Activity: 138

Merit: 100

Quote from: Nalacha on March 28, 2014, 06:20:34 PM

Quote from: Thirtybird on March 28, 2014, 02:34:15 PM

Quote from: Nalacha on March 28, 2014, 02:08:10 PM

Hey all I am having an issue with my UTC mining.. I just got another 7950 card so I have 2 in total now..

before i was able to mine with what settings i had no problem.. now since i added the new card i always get hardware errors...

I took the card out and i am getting the same issue..

my settings are this.

ultracoinminer -o stratum+tcp://ultra.nitro.org:3337 -u xxx -p xxx --scrypt-jane --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600 -I 11 --thread-concurrency 8192

i think i had this before when i was at 1 card but at this point i can't get anything to work..

my rig is an old amd x2 core 5g ram 1000 PSU win 7 64 2x7950
1 120ssd..

I really would love some help all I tired using this...

setx GPUMAXALLOCPERCENT 100
setx GPUUSESYNCOBJECTS 1
ultracoinminer -o stratum+tcp://ultra.nitro.org:3337 -u xxx -p xxx --scrypt-jane --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600 -w 256 -g 2 -I 12 --thread-concurrency 16384 --no-submit-stale --expiry 10 --scan-time 1 --queue 0

and deleted a few things and see if that helped and nothing...

I was under the impression you can only mine at I11 not 12... but either way i still need help!!!!

Ya, I can see you're just guessing at this point. Forget -g 2 - it hurts more than it helps with UTC. You are allocating way too little memory - Assuming you have 2 GB cards.. if you insist on using that miner, bump your thread-concurrency up to 24000 or so, set your lookup-gap to 3 and crank the intensity. If your miner support xintensity, xI =8 or xI = 16 is a nice setting.

I did try all that and still same thing.. i really dont understand i can do lite coin bit coin no problem but not able to do UTC anymore....

Try this . Thread-concurency 8192 I- 11 -g 2 i forget You have old amd

Nalacha

newbie

Activity: 11

Merit: 0

Quote from: Thirtybird on March 28, 2014, 02:34:15 PM

Quote from: Nalacha on March 28, 2014, 02:08:10 PM

Hey all I am having an issue with my UTC mining.. I just got another 7950 card so I have 2 in total now..

before i was able to mine with what settings i had no problem.. now since i added the new card i always get hardware errors...

I took the card out and i am getting the same issue..

my settings are this.

ultracoinminer -o stratum+tcp://ultra.nitro.org:3337 -u xxx -p xxx --scrypt-jane --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600 -I 11 --thread-concurrency 8192

i think i had this before when i was at 1 card but at this point i can't get anything to work..

my rig is an old amd x2 core 5g ram 1000 PSU win 7 64 2x7950
1 120ssd..

I really would love some help all I tired using this...

setx GPUMAXALLOCPERCENT 100
setx GPUUSESYNCOBJECTS 1
ultracoinminer -o stratum+tcp://ultra.nitro.org:3337 -u xxx -p xxx --scrypt-jane --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600 -w 256 -g 2 -I 12 --thread-concurrency 16384 --no-submit-stale --expiry 10 --scan-time 1 --queue 0

and deleted a few things and see if that helped and nothing...

I was under the impression you can only mine at I11 not 12... but either way i still need help!!!!

Ya, I can see you're just guessing at this point. Forget -g 2 - it hurts more than it helps with UTC. You are allocating way too little memory - Assuming you have 2 GB cards.. if you insist on using that miner, bump your thread-concurrency up to 24000 or so, set your lookup-gap to 3 and crank the intensity. If your miner support xintensity, xI =8 or xI = 16 is a nice setting.

I did try all that and still same thing.. i really dont understand i can do lite coin bit coin no problem but not able to do UTC anymore....

Nalacha

newbie

Activity: 11

Merit: 0

Quote from: Thiago1 on March 28, 2014, 04:08:41 PM

Quote from: Nalacha on March 28, 2014, 02:08:10 PM

Hey all I am having an issue with my UTC mining.. I just got another 7950 card so I have 2 in total now..

before i was able to mine with what settings i had no problem.. now since i added the new card i always get hardware errors...

I took the card out and i am getting the same issue..

my settings are this.

ultracoinminer -o stratum+tcp://ultra.nitro.org:3337 -u xxx -p xxx --scrypt-jane --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600 -I 11 --thread-concurrency 8192

i think i had this before when i was at 1 card but at this point i can't get anything to work..

my rig is an old amd x2 core 5g ram 1000 PSU win 7 64 2x7950
1 120ssd..

I really would love some help all I tired using this...

setx GPUMAXALLOCPERCENT 100
setx GPUUSESYNCOBJECTS 1
ultracoinminer -o stratum+tcp://ultra.nitro.org:3337 -u xxx -p xxx --scrypt-jane --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600 -w 256 -g 2 -I 12 --thread-concurrency 16384 --no-submit-stale --expiry 10 --scan-time 1 --queue 0

and deleted a few things and see if that helped and nothing...

I was under the impression you can only mine at I11 not 12... but either way i still need help!!!!

.

. Hello I think I can help you with that the problem that is

setx GPUMAXALLOCPERCENT 100
setx GPUUSESYNCOBJECTS 1
ultracoinminer -o stratum+tcp://ultra.nitro.org:3337 -u xxx -p xxx --scrypt-jane --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600 -w 256 -g 1 -I 17 --thread-concurrency 28664 --no-submit-stale --expiry 10 --scan-time 1 --queue 0

if you realize and replace what you have wrong usually do not help anyone so I would appreciate you to give thanks
one more thing the more n-factor you will need to increase tread-concurency

I am still lost.. I tired your settings and still getting hardware errors.

nanoprobe

legendary

Activity: 980

Merit: 1000

Traveling in subspace

Quote from: azerbaidjan on March 28, 2014, 09:17:32 AM

Quote from: nanoprobe on March 28, 2014, 08:36:22 AM

Quote from: azerbaidjan on March 28, 2014, 07:42:57 AM

This is weird: when you mine a crypto you basically won't sell it under a certain price, no matter what. For some it's the electricity+mining cost price, for others just the idea of a price, and for some others an evil scheme etc.

But when price drops spectacularly like what we see right now, most miners desert the battlefield leaving only small & determined miners digging the trenches and mining at will with reduced difficulty. This is what is interesting by those times. Hashing power dropping because prices drop and therefore more coins for the remaining miner. This shows why most miners are in: instant profits. We can really get a measure of the finality of the mining process in those times, i.e.: the %age of miners leaving the game are the dumpers.

Therefore these dumpers leaving the game lead to a further stopping of the decline, and this is a self equilibrating situation.

Should price go up again big miners & dumpers flock again, then mining during crises would prove an excellent strategy because it gives small miners the lion's share in crucial times as well as more determination in holding their hardly earned coins, therefore negating whatever big miners can come up with when competition really hurts. The begining of a coin should always happen with expansion-retraction cycles to solidify the base. This illustrates that the value of a scarce resource is also defined by the stocks and the willingness to sell at a given price.

I wish more miners leave the scene and go away mining the DOGE farce or fight a desperate war against asics on LTC before coming back once prices take off again. They would have rendered a nice service to small holders that will constitute the base of the holders, and later whales. Because you don't sell something for no profit.

IMHO your premise about miners is flawed. I move around and mine the most profitable coin at any given time. I sell some of each coin to offset the electricity costs + $100USD and hold the rest. That way I have backup funds to replace equipment as needed and a stash of many coins to sell/buy as I see fit. I never "dump". This whole mining craze has driven many to spend thousands on equipment they can't really afford because they think this is a get rich scheme. When that doesn't happen they panic sell everything. They really have no idea what they're doing or understand about trading fundamentals or how to read charts. The markets will eventually settle out and the knee jerk miners will fall by the wayside. What's happening now reminds me very much of the US NASDAQ market tech bubble of the 90s. Only time will tell.
As for asics, they will be a game changer but not necessarily a good one. What I see is them mining the lesser coins and dumping them until each one is dead to pay for the outrageous prices being charged for asic miners. The remaining coins (LTC and a few others) will see their difficulties skyrocket and leave the asics with the same problem that happened to BTC. The mega hashers with deep pockets will drive the smaller players out of the plain scrypt market. They'll be left holding miners that will be pretty much worthless or sold at a huge loss to the mega hashers because they can't be used for anything else. In the mean time there will more asic resistant coins for the GPU miners and I doubt the asic companies will be able to make a different miner for every different coin. All that being said I see scrypt asics as only a fad with a niche market. JMHO.

Very interesting point: so the commoditization of mining (=ASIC-ness of a given coin) leads to consolidation of players, therefore making the coin ready for either a corporate or a even a governmental takeover, which will forcibly lead to the 51% attack in all probabilities.
It will be interesting to follow the development of both BTC and LTC mining markets to see what will be the practical consequences of this.
My impression will be that rather than ruining the coins this will make them reach a certain maturity that will lead to greater adoption by businesses and institutions, thereby making them de facto and de jure "legit".

Then, once a minimal set of coins has reached maturity, what will be the need for the others? -Most likely zero. Exchanges will therefore pump all of the wealth of the other coins to the emperors of coins, by means of pegging.

But the interesting point will come once every coin has been mined, because then these expensive ASIC miners will be used only for minting, meaning their numbers can then be reduced and electricity bills as well. But one should consider a yearly rate of coins loss resulting in a rarefaction of the resource which will then be reserved for "important uses" like governmental uses as well as transaction of smaller and smaller fractions because of the deflation.

The question then will be: will the strategy of the biggest players be like gold: storing it to back their other cryptos? -If so, will there be confiscation of these coins once they reach maturity to act as reserve currencies?

And then the corollary: what will the small people use then? -How to determine its legality (hint: exchanges)?
My guess: there will always be room for an alternative crypto, because SR sequels are here to stay and will strive on it.

Another interesting read. A hard fork to circumvent scrypt asics may be another blow to their long term viability.

http://www.reddit.com/r/Hirocoin/comments/215lkd/changing_landscape_for_scrypt/

jakiman

legendary

Activity: 1638

Merit: 1011

jakiman is back!

- This downtrend is upsetting. We need to hold strong through the storm!

- Very low buy support across most exchanges.
- CT is a little better than these two at 23 BTC.

MintPal Order Depth
https://cryptrader.com/charts/mintpal/utc/btc

Cryptsy Order Depth
https://cryptrader.com/charts/cryptsy/utc/btc

reflexmk

sr. member

Activity: 289

Merit: 250

Quick Q: I haven't opened my wallet couple of days, does it matter for POS? thanks

Halofire

hero member

Activity: 938

Merit: 1000

@halofirebtc

Quote from: Wh1teKn1ght on March 28, 2014, 02:04:09 PM

the PoS maturity time really needs to change on this coin. At a current rate of 365 days for maturity, the PoS is essentially useless, especially if you want this coin to be adopted as a currency where ppl are moving money in and out, thereby resetting the coin-age to zero...

this coin is meant for long term holding for bucks, not an easy quick return for pennies.

Thiago1

full member

Activity: 138

Merit: 100

Quote from: Nalacha on March 28, 2014, 02:08:10 PM

Hey all I am having an issue with my UTC mining.. I just got another 7950 card so I have 2 in total now..

before i was able to mine with what settings i had no problem.. now since i added the new card i always get hardware errors...

I took the card out and i am getting the same issue..

my settings are this.

ultracoinminer -o stratum+tcp://ultra.nitro.org:3337 -u xxx -p xxx --scrypt-jane --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600 -I 11 --thread-concurrency 8192

i think i had this before when i was at 1 card but at this point i can't get anything to work..

my rig is an old amd x2 core 5g ram 1000 PSU win 7 64 2x7950
1 120ssd..

I really would love some help all I tired using this...

setx GPUMAXALLOCPERCENT 100
setx GPUUSESYNCOBJECTS 1
ultracoinminer -o stratum+tcp://ultra.nitro.org:3337 -u xxx -p xxx --scrypt-jane --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600 -w 256 -g 2 -I 12 --thread-concurrency 16384 --no-submit-stale --expiry 10 --scan-time 1 --queue 0

and deleted a few things and see if that helped and nothing...

I was under the impression you can only mine at I11 not 12... but either way i still need help!!!!

.

. Hello I think I can help you with that the problem that is

setx GPUMAXALLOCPERCENT 100
setx GPUUSESYNCOBJECTS 1
ultracoinminer -o stratum+tcp://ultra.nitro.org:3337 -u xxx -p xxx --scrypt-jane --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600 -w 256 -g 1 -I 17 --thread-concurrency 28664 --no-submit-stale --expiry 10 --scan-time 1 --queue 0

if you realize and replace what you have wrong usually do not help anyone so I would appreciate you to give thanks
one more thing the more n-factor you will need to increase tread-concurency

Thirtybird

hero member

Activity: 693

Merit: 500

Quote from: Nalacha on March 28, 2014, 02:08:10 PM

Hey all I am having an issue with my UTC mining.. I just got another 7950 card so I have 2 in total now..

before i was able to mine with what settings i had no problem.. now since i added the new card i always get hardware errors...

I took the card out and i am getting the same issue..

my settings are this.

ultracoinminer -o stratum+tcp://ultra.nitro.org:3337 -u xxx -p xxx --scrypt-jane --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600 -I 11 --thread-concurrency 8192

i think i had this before when i was at 1 card but at this point i can't get anything to work..

my rig is an old amd x2 core 5g ram 1000 PSU win 7 64 2x7950
1 120ssd..

I really would love some help all I tired using this...

setx GPUMAXALLOCPERCENT 100
setx GPUUSESYNCOBJECTS 1
ultracoinminer -o stratum+tcp://ultra.nitro.org:3337 -u xxx -p xxx --scrypt-jane --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600 -w 256 -g 2 -I 12 --thread-concurrency 16384 --no-submit-stale --expiry 10 --scan-time 1 --queue 0

and deleted a few things and see if that helped and nothing...

I was under the impression you can only mine at I11 not 12... but either way i still need help!!!!

Ya, I can see you're just guessing at this point. Forget -g 2 - it hurts more than it helps with UTC. You are allocating way too little memory - Assuming you have 2 GB cards.. if you insist on using that miner, bump your thread-concurrency up to 24000 or so, set your lookup-gap to 3 and crank the intensity. If your miner support xintensity, xI =8 or xI = 16 is a nice setting.

Topic: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! - page 305. (Read 946654 times)