Topic: [ANN][UNIT] Universal Currency | LIFETIME| POW/POS SHA256 | - page 41. (Read 102344 times)

And Yobit's Wallet status: Delayed (2299570 blocks)

To many people properbly trying to transfer their unit COINS while the wallet is not up to date. This is really bad.

you also see people want to trade 13000 UNIT coins at once, Well what do you think? somebody that wants to trade 1000
goes a bit lower then your price, and the guy want to sell 500 Lower again. If you want to sell do it in small portions on
different prices. Otherwise your sell will be like a Block

Well thats making the price very bad, its a pitty to see a lot of Yobit users have to wait 5 months, but now they directly want to sell
or transfer, while the wallet IS STILL NOT up to date. (24 - 48h)

So the withdraw some people properbly did will not pass anyway before its fully updated, and this way will go to maintenance because Yobit detects a delay,
and thus will not arrive soon anyways.

Selling your coins in portions of tens of thousends will make the price Lower and yobit will properbly buying them cheap now for a later pump, when
they detect no users has UNIT coins in their wallet anymore (safe todo a pump).

Actually think of this,

- Prices go lower because of mass sells
- Yobit buys cheap
- Yobit closes Wallet, to make you sell your UNIT coins for a low price, cause your trapped to Yobit
- Yobit waits till all newly deposited UNIT's are sold for this low price, and suddenly the wallet works again, updates a month and same happends

People this is not smart, wait till its synced otherwise you will lose money anyways.

The current expected mining is ~4.7625 UNIT per day per 1000 GH/S
1 GH/S = 1000 MH/S
So, the expected for 1 MH/S is 0.0047625 UNIT per day

0.0619125 UNIT per day for 13 MH/S
or
1 UNIT every 16.15 days

Well this is how it works when you start mining in pool for Example


Pool A: Has 100 miners so you'll get 1/100 of a coin (based on equal speed) totaly this pool has  100,000 MH
Pool B: Has 2 Miners but with a total speed of 10,000 MH
Pool C: Has 20 Miners with a total speed of 200,000 MH

At first it looks like you will get a small amount of coins at pool A and a large amount on Pool B.

This is not the case.

Condition A
What happends properbly Pool B will almost never hit a block. Why because Pool C can guess a good block 40x times faster in the same minute. This makes it almost impossible
to get a block before pool A and C does. Pool B will restart its search everytime a new block is found.

Unless you bring in 200,000MH in Pool B, you wont find as many coins.

Condition B
Then there's also what do you bring in. Well I can tell you with 1000MH it takes a long time to find one UNIT block (about 1 hour). If you mine with 5 or 8 MH you will get almost nothing.
The only way you can make some coins, is by joing a pool with a lot of miners and a high Pool hashrate. You will get everytime 1/10000 of a coin properbly but comapred to solo mining
or a slow pool (with a small amount of miners) you will get zero. Simply because the fact that when your miner is starting to look for a block, a fast pool already found it. Then your miner have to start
all over  

I hope I explained your question for a bit.

For mining unit coins this pool -> mining-dutch.nl  can be a good fit for you, but ONLY if there are enough other miners with a pool speed above 1500MH.

With a current block diff of 19,880,209.2099, 13MH isn't going to get you much UNIT and likely the share issue is because the pool share diff is way high in comparison to what your hashrate can do.

This Depends on your mining hardware. Whats your hashing Rate?

I'm very happy! you are worthy!

Yobit passed block 2278650 -> 19th Jul 2017

Yobit succesfully deposited my UNIT coins after the transaction (blocknumber + 200) is passed.


Yobit UNIT withdraws will only be processed when the blocknumber is up to date, which will take aprox a another 24H - 48H

Your Welcome

Good news Yobit guys. My block has just passed, and guess what? It workeD! Money is in my balance

Thanks!

It saved me 1 million blocks...

I hope they update the block0001.dat file...

https://universal-currency.slack.com Please come and join the new slack channel for UNIT, Be apart of the ever growing community and help this coin go where it needs to be!

Certainly. he would never make a bargain. haha

Not really a clue yet. Thing is Yobit sometimes do pumps and dumps. It really depends on what price the coin is when my UNITS are deposited.
You''l need to be a bit lucky that relatively not a lot of people get payed in the time your deposit gets approved, that really depends on luck.

Thing is when your deposit is there you should keep your head cool, and not panic sell your coins for a to low price.

Hi brother, I had to delete the last comment, the translator changed completely. I'm not sure what to do, but I do not get any more anxiety. What are you going to do?

What will you do ?

Well its at the first of june right now. As you can see on coinmarketcap, for the first time since a long time, Yobit indexes are 33% lower then the others.
Wich could be a clue people are selling their unit (because theirs became available) to bitcoins and transfer it to BTC.

Why are they transfering it to BTC simple,

If for example i get 1000 Unit coins now, because In this example I would have been in the block of may. I would have two options:

1- Sell Unit coins to BTC -> Transfer BTC to cryptopia or coinexchange -> buy Unit back
2- Witdraw UNIT to wallet, cryptopia or coinexchange.

Option 1, is the safest and fastest, but since everybody is selling their UNITS prices will get lower.
Option 2, takes the longest, since you'll need to wait before the block of 12 December before the withdraw will happen. Still you dont lose UNIT coins, but
You'll have to pray the Wallet stays open, and Yobit not lower prices.

So to be clear. IF you receive your UNIT coins and you want to witdraw them, you need to wait till the last block is loaded. Also if you dont wait, and Yobit stops
the sync, you lose your coins again. So my advice in this scenario be patient and wait and take the risk or take your losss and go for option 1 as soon as you
receive your UNIT's.

Its a though chooise.

Ffs, take that shit to: https://yobit.net/en/support/ or https://twitter.com/YobitExchange
Your Yobit issues have nothing to do with Universal Currency; your Yobit issues are Yobit issues.

news themx ? Has anyone ever been paid?

You have to create a file named: UniversalCurrency.conf

with the following contents:

loadblock=D:\blk0001.dat

In the same directory as where your UniversalCurrency-qt.exe is located.


Howto create a file like this?

1. Open notepad:

2. Copy paste this into it,  

loadblock=D:\blk0001.dat

3. Click on save as.

4. Browse to the directory universalCurrency-qt.exe is located in:

5. Enter the following filename: UniversalCurrency.conf

6. Save as type All Files (*.*)

7. Hit save

8. Start universalCurrency-qt.exe as you normally would do.

Hi, I am new to UNIT

I have downloaded the Windows wallet
And the blk0001.dat

I am trying to sync my wallet.
How can i do it??

I also cant find the UniversalCurrency.conf file