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Topic: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! - page 76. (Read 946650 times)

full member
Activity: 138
Merit: 100
member
Activity: 82
Merit: 10
I had 10 mhs on x11 for over 24 hr 2.7% share and only recived 21 UTC   same rig mining UTC is normally over 300 coins Huh

I am hoping this is related to the downtime of Cryptotrain, I will run for one more day ( 6 hrs till shift is over ) then I will try it on UTC again and compare which way is best to collect UTC

main issue is I use 2x the amount of killawatts on UTC then I do on X11 coins !!!

then I will go back to mining other new coins and just buying UTC

Something doesn't sound right, I'm sure CryptoTrain will be able to sort it out. I have been mining on the Multipool for four days now. My experience has been very positive. I'm mining x11 with  four cards and getting about 7-10MHz and nice low temps. Payout is much better than mining UTC directly for example 250UTC in a 24 hour period where I was doing lots of tinkering and a few hours of Scrypt.

CT is another asset to the UTC community so please support him

KC

Cheers KC,

Myself and GamingUnleashed have been conversing over Private Messages.
From what the database is telling me it was just he started towards the end of the shift.

I have also added countdown timers for users reference  as to when shifts are ending, they are located in the sidebar.

Oh, there's also going to be a big payout tonight. Just a little something to get everyone excited. Get all your hashes in, you will want to be apart of this one!
alo ! site ddos pool dead
newbie
Activity: 56
Merit: 0
I had 10 mhs on x11 for over 24 hr 2.7% share and only recived 21 UTC   same rig mining UTC is normally over 300 coins Huh

I am hoping this is related to the downtime of Cryptotrain, I will run for one more day ( 6 hrs till shift is over ) then I will try it on UTC again and compare which way is best to collect UTC

main issue is I use 2x the amount of killawatts on UTC then I do on X11 coins !!!

then I will go back to mining other new coins and just buying UTC

Something doesn't sound right, I'm sure CryptoTrain will be able to sort it out. I have been mining on the Multipool for four days now. My experience has been very positive. I'm mining x11 with  four cards and getting about 7-10MHz and nice low temps. Payout is much better than mining UTC directly for example 250UTC in a 24 hour period where I was doing lots of tinkering and a few hours of Scrypt.

CT is another asset to the UTC community so please support him

KC

Cheers KC,

Myself and GamingUnleashed have been conversing over Private Messages.
From what the database is telling me it was just he started towards the end of the shift.

I have also added countdown timers for users reference  as to when shifts are ending, they are located in the sidebar.

Oh, there's also going to be a big payout tonight. Just a little something to get everyone excited. Get all your hashes in, you will want to be apart of this one!


thank you for all your hard work (and thiago too) we really appreaciate it!

No problem at all! There has been some creases along the way but we are ironing them out pretty well.

We just need more hashing power!! then we can really start making a good profit for everyone!
newbie
Activity: 56
Merit: 0

OK. Thanks, good answer.

Why do you think there are not enough workers that step in ?

Do they don't know about the multipool?
Is it to difficult to put workers on the multipool ?
Or is it the problem of temperature of summer for the cards at this moment now ?
Or is it some other problem ?



One problem - my provider, the largest in Russia is blocking access to the site multipula means miners from Russia who uses this provider - Rostelecom can not produce coins on multipule. I can log into multipul through anonymizer but my miner - can not.

Trying to conjure something too difficult. It is easier to get to the UTC standard type pools http://ultracoinpool.info



ok the multipool is cool

but the diff of utc become low,and 1M hashrate of chacha will produce 8000utc which is 5000 before the multipool is open

so i suggest that let's reduce the reward of every block from 15 to 5. That means the output of utc will reduce from 45000 to 15000 per day

Can you explain how this will help UTC?

For example when I'm on my difficulty 0,05-0,04 4x280x and 4x270x (100-120 kH / s) for 24 hours extractive 500-600 coins. If UTC does not rise in the price of these coins is enough for me that would be sold to recoup at least electricity, which consumed my settings during the time of their production. If the reward is 3 times less, ie not 600 coins and 200 then I'll go to other coins, as UTC production while not even pay for electricity.

Explain to me that I should leave on production UTC if the reward drops 3 times? I really do not understand and will be grateful to you for the clarification.

Hello Barbados!

In regards to what UTCMiner said, I will let him answer that question.

In regards, to your ISP blocking it. The problem is that your ISP is blocking cloudflare. Cloudflare cache's all our our content and provides a relief for our web servers.
Could you try something for me, Access the website using a proxy and configure your stratum using the details on the website. I'm curious to know whether your ISP does not block the stratum, since it is on a different IP address.
hero member
Activity: 837
Merit: 505

OK. Thanks, good answer.

Why do you think there are not enough workers that step in ?

Do they don't know about the multipool?
Is it to difficult to put workers on the multipool ?
Or is it the problem of temperature of summer for the cards at this moment now ?
Or is it some other problem ?



One problem - my provider, the largest in Russia is blocking access to the site multipula means miners from Russia who uses this provider - Rostelecom can not produce coins on multipule. I can log into multipul through anonymizer but my miner - can not.

Trying to conjure something too difficult. It is easier to get to the UTC standard type pools http://ultracoinpool.info



ok the multipool is cool

but the diff of utc become low,and 1M hashrate of chacha will produce 8000utc which is 5000 before the multipool is open

so i suggest that let's reduce the reward of every block from 15 to 5. That means the output of utc will reduce from 45000 to 15000 per day

Can you explain how this will help UTC?

For example when I'm on my difficulty 0,05-0,04 4x280x and 4x270x (100-120 kH / s) for 24 hours extractive 500-600 coins. If UTC does not rise in the price of these coins is enough for me that would be sold to recoup at least electricity, which consumed my settings during the time of their production. If the reward is 3 times less, ie not 600 coins and 200 then I'll go to other coins, as UTC production while not even pay for electricity.

Explain to me that I should leave on production UTC if the reward drops 3 times? I really do not understand and will be grateful to you for the clarification.
hero member
Activity: 728
Merit: 501
I had 10 mhs on x11 for over 24 hr 2.7% share and only recived 21 UTC   same rig mining UTC is normally over 300 coins Huh

I am hoping this is related to the downtime of Cryptotrain, I will run for one more day ( 6 hrs till shift is over ) then I will try it on UTC again and compare which way is best to collect UTC

main issue is I use 2x the amount of killawatts on UTC then I do on X11 coins !!!

then I will go back to mining other new coins and just buying UTC

Something doesn't sound right, I'm sure CryptoTrain will be able to sort it out. I have been mining on the Multipool for four days now. My experience has been very positive. I'm mining x11 with  four cards and getting about 7-10MHz and nice low temps. Payout is much better than mining UTC directly for example 250UTC in a 24 hour period where I was doing lots of tinkering and a few hours of Scrypt.

CT is another asset to the UTC community so please support him

KC

Cheers KC,

Myself and GamingUnleashed have been conversing over Private Messages.
From what the database is telling me it was just he started towards the end of the shift.

I have also added countdown timers for users reference  as to when shifts are ending, they are located in the sidebar.

Oh, there's also going to be a big payout tonight. Just a little something to get everyone excited. Get all your hashes in, you will want to be apart of this one!


thank you for all your hard work (and thiago too) we really appreaciate it!
newbie
Activity: 56
Merit: 0
I had 10 mhs on x11 for over 24 hr 2.7% share and only recived 21 UTC   same rig mining UTC is normally over 300 coins Huh

I am hoping this is related to the downtime of Cryptotrain, I will run for one more day ( 6 hrs till shift is over ) then I will try it on UTC again and compare which way is best to collect UTC

main issue is I use 2x the amount of killawatts on UTC then I do on X11 coins !!!

then I will go back to mining other new coins and just buying UTC

Something doesn't sound right, I'm sure CryptoTrain will be able to sort it out. I have been mining on the Multipool for four days now. My experience has been very positive. I'm mining x11 with  four cards and getting about 7-10MHz and nice low temps. Payout is much better than mining UTC directly for example 250UTC in a 24 hour period where I was doing lots of tinkering and a few hours of Scrypt.

CT is another asset to the UTC community so please support him

KC

Cheers KC,

Myself and GamingUnleashed have been conversing over Private Messages.
From what the database is telling me it was just he started towards the end of the shift.

I have also added countdown timers for users reference  as to when shifts are ending, they are located in the sidebar.

Oh, there's also going to be a big payout tonight. Just a little something to get everyone excited. Get all your hashes in, you will want to be apart of this one!
sr. member
Activity: 348
Merit: 250
I had 10 mhs on x11 for over 24 hr 2.7% share and only recived 21 UTC   same rig mining UTC is normally over 300 coins Huh

I am hoping this is related to the downtime of Cryptotrain, I will run for one more day ( 6 hrs till shift is over ) then I will try it on UTC again and compare which way is best to collect UTC

main issue is I use 2x the amount of killawatts on UTC then I do on X11 coins !!!

then I will go back to mining other new coins and just buying UTC

Something doesn't sound right, I'm sure CryptoTrain will be able to sort it out. I have been mining on the Multipool for four days now. My experience has been very positive. I'm mining x11 with  four cards and getting about 7-10MHz and nice low temps. Payout is much better than mining UTC directly for example 250UTC in a 24 hour period where I was doing lots of tinkering and a few hours of Scrypt.

CT is another asset to the UTC community so please support him

KC
full member
Activity: 238
Merit: 100
http://ultracoin.net/ - Ultracoin Website http://c
UPDATE AS PROMISED


Dear Ultracoin community members,

I am happy to share some new and positive news about the future Management of UTC.

Today I have completed my 3rd negotiations meeting with a team of Dutch investors who believe and plan to invest in the future of UTC by re-starting several developments.

I see this as a very fruitful and welcome opportunity for UTC and I believe it will give a positive boost for the long term.


The new team of investors have my full approval,and we are discussing transfering the management of Ultracoin to them,and this also entails passing along full control in desicion making to this team.

Off course I will stay in the new team as a Strategic Partner and as member of the Dev Team i will lead several (new) developments,such as the minecraft plugin.
At this upcoming days we're working hard to give further shape and to develop the plans for the best future of UTC.

The new investors have the financial backing and marketing skills in order to make Ultracoin a success in the long term.
We will provide you the upcoming period with several updates about the progress and plans of the new management team.


I ask all UTC'ers to have a little patience before we can tell the plans in detail. This wil take about two weeks.
I have started these negotiations in the best interrest of UTC,and i believe this team can provide what the coin needs.


Michael.

good
hero member
Activity: 837
Merit: 505
13000 that you made from utc  Huh You really don't get it do you, my miners are not going to point at your coin and I am not going to hold your coin when the founder is even going to mine it.

Everything you do is for you  Grin


Here you can say anything and send your hash anywhere. Here without you miss those who support and maintain UTC and on. We believe in UTC and we see that the developers are doing everything that depends on them that would UTC evolved.

What do you want from the developers? What would they spend all their money exclusively on UTC? And what they need to live? eat? All who are interested in UTC must somehow support it. Someone with money, someone developments, some hash.

I direct your hash to UTC for several months and keep their coins with them. My installation has been operating for several months at a loss. Not only did I not pay them, I pay out of pocket for electricity. I do not sell UTC because I believe that it will cost a lot sooner or later, and then everything will pay off.
newbie
Activity: 56
Merit: 0
I had 10 mhs on x11 for over 24 hr 2.7% share and only recived 21 UTC   same rig mining UTC is normally over 300 coins Huh

I am hoping this is related to the downtime of Cryptotrain, I will run for one more day ( 6 hrs till shift is over ) then I will try it on UTC again and compare which way is best to collect UTC

main issue is I use 2x the amount of killawatts on UTC then I do on X11 coins !!!

then I will go back to mining other new coins and just buying UTC

What was your UTC address just so I can check the information for you?
newbie
Activity: 42
Merit: 0
I had 10 mhs on x11 for over 24 hr 2.7% share and only recived 21 UTC   same rig mining UTC is normally over 300 coins Huh

I am hoping this is related to the downtime of Cryptotrain, I will run for one more day ( 6 hrs till shift is over ) then I will try it on UTC again and compare which way is best to collect UTC

main issue is I use 2x the amount of killawatts on UTC then I do on X11 coins !!!

then I will go back to mining other new coins and just buying UTC
newbie
Activity: 56
Merit: 0
full member
Activity: 238
Merit: 100
http://ultracoin.net/ - Ultracoin Website http://c
ok the multipool is cool

but the diff of utc become low,and 1M hashrate of chacha will produce 8000utc which is 5000 before the multipool is open

so i suggest that let's reduce the reward of every block from 15 to 5. That means the output of utc will reduce from 45000 to 15000 per day
newbie
Activity: 56
Merit: 0
Thank you for the quick response and help.

No Problem Rapture Smiley
sr. member
Activity: 476
Merit: 250
Thank you for the quick response and help.
newbie
Activity: 56
Merit: 0

@CryptoTrain-net

I am just curious and want to understand.
The Multipool is up and running.
Already there are some miners who put there rigs on the multipool.
The multipool mines the most profitable coin.
Then those coins get sold.
Then UTC coins are bought back.
This trick must push the UTC price up.
But if I look at the price of UTC now I don't see a big difference.

What do I miss here ?
What do I not see ?


The problem is the multipool does not have anywhere close enough workers to make an impact yet. Upon having all 3 algorithms working perfectly and a high enough hashrate. The price will increase dramatically.
We are currently only buying 4000 UTC a day. Once that picks up, the coin itself will rise.


OK. Thanks, good answer.

Why do you think there are not enough workers that step in ?

Do they don't know about the multipool?
Is it to difficult to put workers on the multipool ?
Or is it the problem of temperature of summer for the cards at this moment now ?
Or is it some other problem ?



To be perfectly honest, The pool has only been around for a few days now and most people are very skeptical, Which is fair enough. I have been operating a series of pools for the better part of a year now and this is one of my first multipools that i have setup. I really do appreciate the support from the people that are currently miner there now, It really do help progress the development with the pool but since I am also a fan of UTC I am hoping it will help gain popularity for the coin and its community!

The temperature can be an issue sometimes, But if you tune down the intensity on your x11 mining, you card will not even rise about 52degrees Celsius.

The main issue is that most people are not too interested in mining Ultracoin as of yet. I get a lot of page views a day, but what most people do is instantly go to an exchange and check out the coins popularity. Which is an issue with the overall crypto community. But as soon as ultracoin starts reaching for the moon, the popularity will rise and so will the coins price! Look at PIGGY for example, as a POW coin PIG was useless because it offered nothing, But as soon as they axed it hard and made it a POS coin, Everyone is going ape shit.

Essentially, this coin will do really well, especially with the management strategies that are in place to help progress it, it just needs time Smiley
newbie
Activity: 56
Merit: 0
Are you still using the mining rig u have ordered to buy UTC?

Can someone answer this very important question please

im getting my ROI first on a multipool that pays out BTC, and then il put some hash on the UTC multipool
FWIW my asic will not work at the UTC multipool. It works everywhere else including other multipools. I've triple checked everything and have no answer as to why this is happening. I hope someone has an answer because I bought it to specifically mine at CryptoTrain.

Try again now Nano, I have raised the starting difficulty to 512. This should be enough to compensate for ASIC's.
Looks like that fixed it. No more rejected because of low diff so far. I'll let it run over nite and see what it looks like in the morning.
Thanks.

Sorry about the connection issues, would you be kind enough to re-connect so i can verify the issue is resolved?

Everything is stable again now. SHA-256 Coins were injecting bad data into the database.
newbie
Activity: 56
Merit: 0
Hello All,

Sorry about the excessive downtime. We had one of our SHA256 coins go haywire...
The coin decided to try and spit out invalid information into our system, Causing a series of database errors. It has now been fixed and SHA coins have been disabled until further notice.

Sorry for the inconvenience this may cause, You shares information is still present and safe, This will not affect your payout Smiley

Feel free to jump on freenode.net IRC and chat with me about this Smiley

Kind Regards,
CT
sr. member
Activity: 476
Merit: 250
Remember guys, it is the last week to vote for your favorite rig over at Ultracointalk and submit your picture for the contest. Winner will be decided soon so check out the contest now! Remember, you are entered in the drawing for the Ultracoin Keychain, just for registering on the site! Check it out today at http://ultracointalk.org/index.php?topic=103.0
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