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Topic: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! - page 110. (Read 381061 times)

sr. member
Activity: 339
Merit: 251
is stake mining working for anyone since the fork? I haven't staked anything since Nov 7 and I've got plenty to stake. The stake icon says I'll stake in 12 minutes but the 12 minutes comes and goes without generating any stake or attempt to stake...
legendary
Activity: 1590
Merit: 1002
Anybody know from the code what timeframe diff is calculated from?

The difficulty averages for 240 blocks (4 hours).
Code:
static const int64 nTargetTimespan5 = 60;  //  (60 seconds)
static const int64 nTargetSpacing5 = 60 ; // (60 seconds)
static const int64 nInterval5 = 1;         // check every block
static const int64 nAveragingInterval5 = 240; // 240 blocks, 4 hours
static const int64 nAveragingTargetTimespan5 = nAveragingInterval5 * nTargetSpacing5;  // (240 minutes)
static const int64 nAveragingStakeTimespan5 = nAveragingInterval5 * nStakeTargetSpacing2;  // (240 minutes)

static const int64 nMaxAdjustDownV5 = 16; // 16% adjustment down
static const int64 nMaxAdjustUpV5 = 12; // 12% adjustment up
static const int64 nMinActualTimespanV5 = nAveragingTargetTimespan5 * (100 - nMaxAdjustUpV5) / 100;
static const int64 nMaxActualTimespanV5 = nAveragingTargetTimespan5 * (100 + nMaxAdjustDownV5) / 100;
static const int64 nMinActualStakeTimespanV5 = nAveragingStakeTimespan5 * (100 - nMaxAdjustUpV5) / 100;
static const int64 nMaxActualStakeTimespanV5 = nAveragingStakeTimespan5 * (100 + nMaxAdjustDownV5) / 100;

I suppose the question would be - if its based on a 4 hr average - why are so few UTC being mined?

in 24 hrs it should be 14,400 UTC
Your site reports only 4,510 UTC rewarded in the last 24 hrs (and this is down by about 1000 from the day before).

Is this mining pool only 31% of the total UTC network hash perhaps?  How many solo's and other pools are out there? Is there anyway to find the total network hash rate?
Since the pool is getting every second block - it is at least approx 50% of total hashrate.  Is staking really the other half? So the reward from this pool should be at least 50% of 14,400 = 7,200 UTC (so 4,510 is still way short)


Really I have no expertise in these areas so I will leave it to others with better experience and more info to consider.
sr. member
Activity: 288
Merit: 260
Anybody know from the code what timeframe diff is calculated from?

The difficulty averages for 240 blocks (4 hours).
Code:
static const int64 nTargetTimespan5 = 60;  //  (60 seconds)
static const int64 nTargetSpacing5 = 60 ; // (60 seconds)
static const int64 nInterval5 = 1;         // check every block
static const int64 nAveragingInterval5 = 240; // 240 blocks, 4 hours
static const int64 nAveragingTargetTimespan5 = nAveragingInterval5 * nTargetSpacing5;  // (240 minutes)
static const int64 nAveragingStakeTimespan5 = nAveragingInterval5 * nStakeTargetSpacing2;  // (240 minutes)

static const int64 nMaxAdjustDownV5 = 16; // 16% adjustment down
static const int64 nMaxAdjustUpV5 = 12; // 12% adjustment up
static const int64 nMinActualTimespanV5 = nAveragingTargetTimespan5 * (100 - nMaxAdjustUpV5) / 100;
static const int64 nMaxActualTimespanV5 = nAveragingTargetTimespan5 * (100 + nMaxAdjustDownV5) / 100;
static const int64 nMinActualStakeTimespanV5 = nAveragingStakeTimespan5 * (100 - nMaxAdjustUpV5) / 100;
static const int64 nMaxActualStakeTimespanV5 = nAveragingStakeTimespan5 * (100 + nMaxAdjustDownV5) / 100;
full member
Activity: 137
Merit: 100
Yes I have the latest wallet and that is no problem, It's ultrabex that don't seem to be uptodate...

Is ultrabex working, I seem to get different amount there than in my actual wallet, don't seem to be updating on ultrabex

Seems to be about 7 days behind - don't think its been re-synced since the latest fork
did you try the latest version?
legendary
Activity: 1590
Merit: 1002
Can anybody from team resolve problem with Cryptsy wallet?
It has flag "network issue" for second week.
Can't withdraw UTC coins from cryptsy and do not want to leave satoshi on that scam exchange.

Ditto...

This is a serious issue that needs to be addressed - I warned the community about this several times recently.

here is one:
https://bitcointalksearch.org/topic/m.12844086

Situation has got worse since then.  Cryptsy is in total disarray at present.  There is no progress with wallets in maintenance due to whatever issue for several months now. Some BTC withdrawals stuck on pending for weeks - some delayed 3-4 days. Tier level is not necessarily important - the coin used for the withdrawal is important.

At last count Cryptsy had over 70 wallets "in maintenance".  I have had DEM trapped for about 7 months now (written off) - Support and Mullick have given up replying to anyone on wallets. Apart from "apologies for the inconvenience"

Some expect a bank run or just shutdown of Cryptsy shortly - BitJohn has quit.  If you are interested - go through the full thread. A lot is bullshit but many of the issues are real and Cryptsy is very HIGH RISK. I did not really believe it at first because I had had no issues with withdrawals - I now suspect that where there is smoke there is fire.
https://bitcointalksearch.org/topic/m.12984497

The chances of anybody getting the UTC wallet back online on Cryptsy are minimal. Steven - prove me wrong hopefully. I could not resist buying a few cheap ones even after my own advice.

I think Steven has an almost impossible task here so don't hold your breath.
legendary
Activity: 1055
Merit: 1002
Can anybody from team resolve problem with Cryptsy wallet?
It has flag "network issue" for second week.
Can't withdraw UTC coins from cryptsy and do not want to leave satoshi on that scam exchange.
legendary
Activity: 1590
Merit: 1002
Is ultrabex working, I seem to get different amount there than in my actual wallet, don't seem to be updating on ultrabex

Seems to be about 7 days behind - don't think its been re-synced since the latest fork
did you try the latest version?

whats the link to the latest version?
http://www.tumblingblock.com/ultracoin_733.1_win32.zip

Sorry I thought you were talking about a new block explorer - Ultrabex (not the latest wallet)

incidentally the link to the latest wallet is:

The Windows wallet is up http://ultracoin.net/dl/UltraCoinQT_win32_v7.4.1-9.zip
full member
Activity: 125
Merit: 100
Is ultrabex working, I seem to get different amount there than in my actual wallet, don't seem to be updating on ultrabex

Seems to be about 7 days behind - don't think its been re-synced since the latest fork
did you try the latest version?

whats the link to the latest version?
http://www.tumblingblock.com/ultracoin_733.1_win32.zip
legendary
Activity: 1590
Merit: 1002
Is ultrabex working, I seem to get different amount there than in my actual wallet, don't seem to be updating on ultrabex

Seems to be about 7 days behind - don't think its been re-synced since the latest fork
did you try the latest version?

whats the link to the latest version?
full member
Activity: 125
Merit: 100
Is ultrabex working, I seem to get different amount there than in my actual wallet, don't seem to be updating on ultrabex

Seems to be about 7 days behind - don't think its been re-synced since the latest fork
did you try the latest version?
legendary
Activity: 1590
Merit: 1002
Is ultrabex working, I seem to get different amount there than in my actual wallet, don't seem to be updating on ultrabex

Seems to be about 7 days behind - don't think its been re-synced since the latest fork
full member
Activity: 440
Merit: 100
Roobet
Here is my address FrickChick:
UWfFi3boXJek6qZbAJ1qUBhxGGUXTwfN8C
legendary
Activity: 1590
Merit: 1002
I also noticed that orphans are less in stake minting than before.

Yes - same here
full member
Activity: 137
Merit: 100
Is ultrabex working, I seem to get different amount there than in my actual wallet, don't seem to be updating on ultrabex
full member
Activity: 137
Merit: 100
I also noticed that orphans are less in stake minting than before.
legendary
Activity: 1590
Merit: 1002

the difficulty oscillations are getting smaller and smaller - I could be wrong - but this may work!


Not exactly. The difficulty for the last peak is more than previous one..

1601987   5,487
1601662   4,376
1601324   5,507
1601000   5,892
1600642   8,405

Yes I had noticed that just recently too - first few days it was coming down but then word got round of the UTC fest when difficulty went thru the low period.  The hash has been spiking during the lows and blocks are flowing every 3-4  seconds.  It stays low (0.0002) for a considerable time during which many many blocks are found.  Of course you would need the diff to rise quite high to even this out to 60 sec averages over an extended time frame.

Lately maybe cos the miners who jump in when its low bounce it up higher again.  Need more stable mining hash or it will keep over correcting to adjust for this aberration.

Its just started to drop again - watch your hash go from 50KH/s to several hundred. The "fast up" "slow down" would discourage opportunistic mining - but at the end of the day it only really matters that the longer term average is 60 sec blocks. Of course something more stable would encourage more dedicated mining.

If I am reading the stats from your site correctly for 24 hrs

You should have 14,400 UTC over 24 hrs (1 block per 60 seconds - 1,440 per 24 hrs @ 10 UTC/block)
"Amount" on your site reports 5,690 UTC? for 24 hrs.
So the reward is coming up way short in a 24 hr timeframe if this is correct.

If the diff is calculated over 7 days (going back to the 3 days where blocks were being found every 2-3 seconds) then the current daily average might be on track.  When we move off diff calcs on those fast n furious 3 days things might change drastically.  I have no idea how the diff is calculated though - just random thoughts on what may be driving things at present. Anybody know from the code what timeframe diff is calculated from?

I also noted that orphans seem to be practically non existent now - which is a major improvement.
sr. member
Activity: 288
Merit: 260

the difficulty oscillations are getting smaller and smaller - I could be wrong - but this may work!


Not exactly. The difficulty for the last peak is more than previous one..

1601987   5,487
1601662   4,376
1601324   5,507
1601000   5,892
1600642   8,405
legendary
Activity: 1590
Merit: 1002
when its low - its usually a good time to buy

Check Cryptsy 2-3 Nov - about 2,000,000 UTC bought (up to 637) - probably for a good reason?

https://www.cryptsy.com/markets/view/163
jr. member
Activity: 58
Merit: 10
considering the supply will be reduced now, because mining pays only 10 utc x block, the price should go up ?
full member
Activity: 152
Merit: 100

So strange to see as bagholder,  i have arround 997.000 UTC in my wallet and it has now no more value as arround 4,2 BTC  Roll Eyes Cry

Does have the UTC management team or some serious community members a vision for 2016 about the potential development of value of UTC ?




I second this, i just can't buy utc anymore as everytime i buy some, the price drops again, and again, so... i think that utc value should be improved somehow...
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