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Topic: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! - page 114. (Read 381061 times)

full member
Activity: 304
Merit: 100
final wallet stay not sinhronized last 2 hour
full member
Activity: 440
Merit: 100
Roobet
Dont agree with you Hilux74
on NF 15 was also botnet virus. Was not so effective as on nf 16 compare GPUs mining, bit it was.
Maybe you right about multipools, but i dont think so. There is 100 more profitable coins to mine and i  dont know any multipool who mine scrypt-jane coins?
Nice hash add scrypt-jane but for nf 16. Othervise you can maybe rent couple rigs on interent. So my question is if is not bot virus from where then you can get 12MHS nethashrate?
if one GPU give you 5khs that should be then 2400 GPUs/6=400 Rigs.
dont know. Sad
legendary
Activity: 1590
Merit: 1002
@Kracko

I have to ask the question

Its now over 8hrs since the last block - is this increased difficulty going to decrease at some stage?

Miners have abandon mining - mine for 8 hrs for hope of 10 UTC?

http://utc14.yacoin.club/index.php?page=statistics&action=pool

I am sure you are aware that nothing works now - wallets wont sync and mining, transactions and staking are stuck.

Whats the reason - will it fix itself - or are you working on fixing it?
legendary
Activity: 1590
Merit: 1002

In fact hashrate is low, only diff. is high (fork and diff. increase/retarget), and net hashrate is calculated vs. diff.
only a few blocks is find.



This will certainly balance supply up after the glut over the last 3 days

Seems its gone from a block every 2-3 seconds to a block every few hours - till I guess the retarget in difficulty adjusts to current hashrate and we get back to 60 sec blocks

If I was mining I would be a bit frustrated at present - but thinking back on the last 3 days rewards its not that bad overall
sr. member
Activity: 272
Merit: 250

In fact hashrate is low, only diff. is high (fork and diff. increase/retarget), and net hashrate is calculated vs. diff.
only a few blocks is find.

full member
Activity: 152
Merit: 100
Dont agree with you Hilux74
on NF 15 was also botnet virus. Was not so effective as on nf 16 compare GPUs mining, bit it was.
Maybe you right about multipools, but i dont think so. There is 100 more profitable coins to mine and i  dont know any multipool who mine scrypt-jane coins?
Nice hash add scrypt-jane but for nf 16. Othervise you can maybe rent couple rigs on interent. So my question is if is not bot virus from where then you can get 12MHS nethashrate?
if one GPU give you 5khs that should be then 2400 GPUs/6=400 Rigs.
dont know. Sad

Yes, the hashrate is insanely high, would they put that hashrate spread on different nets that would give lot's of btc's worth altcoins, however the rest of the altcoins have not decreased rate, so where's that hashrate coming from? and why it doesn't decrease when the utc price does not rise up?
Hell, 12Mh/s would be really nice even on normal scrypt...
full member
Activity: 440
Merit: 100
Roobet
Even if diff drop a lot Botnet virus will connect again  and will raise diff.
So .... changing nf was not solution. Should block CPU mining to get rid of botnet virus.
full member
Activity: 152
Merit: 100
Even if diff drop a lot Botnet virus will connect again  and will raise diff.
So .... changing nf was not solution. Should block CPU mining to get rid of botnet virus.
Roll Eyes

AT N14 there is no CPU botnet doing anything of consequence.  CPUs cannot compete against GPUs at N14 (or N15).  At N14 it is EZmode mining for dummies again and UTC has likely made its way back onto the menu of profit-hopping multipools. 

I wish the devs had gone with N15...no botnets no multipools...and low end GPUs matched effectiveness of higher end GPUs and power usage was lower. Mining setup took some more skill but it was worth it imo.

It's sustaining a ~10Mh/s, i don't thing that's a profit switching multipool.
I smell fpgas

legendary
Activity: 912
Merit: 1000
Even if diff drop a lot Botnet virus will connect again  and will raise diff.
So .... changing nf was not solution. Should block CPU mining to get rid of botnet virus.
Roll Eyes

AT N14 there is no CPU botnet doing anything of consequence.  CPUs cannot compete against GPUs at N14 (or N15).  At N14 it is EZmode mining for dummies again and UTC has likely made its way back onto the menu of profit-hopping multipools. 

I wish the devs had gone with N15...no botnets no multipools...and low end GPUs matched effectiveness of higher end GPUs and power usage was lower. Mining setup took some more skill but it was worth it imo.
jr. member
Activity: 58
Merit: 10
no more blocks been found ?, there's more work to do it seems...
full member
Activity: 152
Merit: 100
With 100khs you mine 80 coins per day by current diff. Electricity cost you(monthly) 100€ what is 0.28BTC.
By current price you need to mine 933 days to get 0.28BTC.
PUMP that we need just to  cover electricity should raise coin price to 0,00011666 Sat.Smiley
We only need 0,00011306 Sat bigger price. Smiley
Not bad at all.

Apart from the price issue, what do you use to get 100kh/s???
I'd need at least 12 gtx 970! is there other cheaper way?
full member
Activity: 152
Merit: 100
With 100khs you mine 80 coins per day by current diff. Electricity cost you(monthly) 100€ what is 0.28BTC.
By current price you need to mine 933 days to get 0.28BTC.
PUMP that we need just to  cover electricity should raise coin price to 0,00011666 Sat.Smiley
We only need 0,00011306 Sat bigger price. Smiley
Not bad at all.

That or diff lowering enough, what happens first...
full member
Activity: 440
Merit: 100
Roobet
With 100khs you mine 80 coins per day by current diff. Electricity cost you(monthly) 100€ what is 0.28BTC.
By current price you need to mine 933 days to get 0.28BTC.
PUMP that we need just to  cover electricity should raise coin price to 0,00011666 Sat.Smiley
We only need 0,00011306 Sat bigger price. Smiley
Not bad at all.
sr. member
Activity: 288
Merit: 260
Already it became 21K  Cheesy

Yes, the difficulty is too high. The chain has almost stopped.
newbie
Activity: 14
Merit: 0
It's happened! After block #1,600,240 the difficulty starts to adjust!
Already it became 21K  Cheesy
full member
Activity: 440
Merit: 100
Roobet
Make no sense to mine UTC anymore.
Bootnet virus did destroy this coin. Devs should not only that they did go back to nf 14, they should disable CPU mining.
full member
Activity: 152
Merit: 100
It's happened! After block #1,600,240 the difficulty starts to adjust!

Only thing missing is the pump Cheesy

Best regards!
sr. member
Activity: 288
Merit: 260
It's happened! After block #1,600,240 the difficulty starts to adjust!
sr. member
Activity: 288
Merit: 260
i take that to mean there is no point me mining UTC on my laptop anymore?

Does it still make sense to do YAC?

Yes, YACoin is currently on NF17. That makes it CPU-coin.
See detailed answer in yacoin thread..
full member
Activity: 139
Merit: 100
Thanks Alenevaa...

i take that to mean there is no point me mining UTC on my laptop anymore?

Does it still make sense to do YAC?

Cheers,

Roister
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