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Topic: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! - page 115. (Read 381003 times)

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
sr. member
Activity: 288
Merit: 260
However, there are no 'stakes' coming through anymore, well, not for past three days. I usually get a few each day at least. Should I be getting them, or is it related to technical issue?

Let's hope that 'stake minting' will start to work from block #1,600,000

By the way, utc14.yacoin.club pool wallet has been successfully upgraded.
And less than 2000 blocks remain to the 'fork point'...
sr. member
Activity: 288
Merit: 260
Also, what does the change to NF14 mean in laymans term? What are my miners doing differently?

Your miners need to use 4 times less memory at NF14 than they have used at NF16.

If roughly estimate [CPU] vs [GPU with 4GB VRAM]

Code:
NFactor | GPU advantage
-----------------------
NF17 | 1x  gpu has no advantage
NF16 | 2x
..
NF14 | 10x gpu 10 times faster

then we can clearly see that Ultracoin NF14 becomes GPU-coin.

From one side (negative) - it has no sense to mine Ultracoin with CPU now
From other side (positive) - Ultracoin will be more secure as GPU-miners stands well against botnets.
full member
Activity: 139
Merit: 100
Thanks for that folks, it has indeed caught up eventually!

However, there are no 'stakes' coming through anymore, well, not for past three days. I usually get a few each day at least. Should I be getting them, or is it related to technical issue?

Cheers,

Roister...
sr. member
Activity: 456
Merit: 250
That is the correct version.

If you had your miner set up for nf14 already the settings will not change.  If you need settings still, try searching the forums here for configs for your particular hardware.  Between our forum history and yacoin's you should be able to find something from when we were nf14 previously.

Hi folks,

Fingers crossed you have sussed this issue out now... Smiley

Could I just check, I have tried doing the upgrade. If my qt is showing this, has the upgrade succeeded:
v0.7.4.1-g-9-g23ef1a4-beta

Cheers,

Roister01

Also, what settings will I have to put into my miner to make it work again?


sr. member
Activity: 456
Merit: 250
The Mac wallet is up now too. http://ultracoin.net/dl/UltraCoin-Qt.v7.4.1-9.dmg

Use md5 on the dmg file from a terminal shell and ensure the output looks like the line below.

Code:
$ md5 UltraCoin-Qt.v7.4.1-9.dmg 
 (UltraCoin-Qt.v7.4.1-9.dmg) = bfc7dfdf30c726697bb140dce92ad999

It's not signed; you'll have to install with the Ctrl key down.


Again, follow the normal procedure for upgrading your wallet.  Either use the Backup Wallet feature or stop the wallet and manually copy the wallet.dat file.  It will be at Library/Application Support/UltraCoin/wallet.dat, within your Finder.  And then mount the dmg file and while holding the Ctrl key, right click and select Open.

If your datafiles are considered corrupted by the new wallet will not start up you may have to delete everything EXCEPT for your wallet.dat file in that directory.  As a side note, the UltraCoin data files are compatible between Windows and Mac since they both use Berkeley Database 4.8.30
legendary
Activity: 1590
Merit: 1002
the new wallet seems to sync ok - but it does take a long time because the new blocks are being added to the blockchain every 2-3 seconds.

basically I could only sync slightly faster than new blocks were mined - took several hours to catch up a wallet 2 days behind on sync.

If the wallet drops your connections for 30 seconds - you get way behind and have to catch up again.

you are chasing a roadrunner on steroids trying to sync

This issue will disappear after the fork because the blocktime will revert to normal (60 seconds I think - instead of 2-3 seconds right now till block 1,600.000).


It just says catching up...
Downloaded 1548343 blocks of transaction history. Last received block was generated 22 hours ago.

It has been like this for ages tho!
full member
Activity: 139
Merit: 100
It just says catching up...
Downloaded 1548343 blocks of transaction history. Last received block was generated 22 hours ago.

It has been like this for ages tho!
full member
Activity: 139
Merit: 100
Thanks a lot Stephen,
Since the update though, my wallet won't synchronise. I have tried restarting computer to see if that would help, but no luck. Is it anything obvious, if not, what should I do?

Cheers,

Roister...Smiley
sr. member
Activity: 476
Merit: 250
Hi folks,

Fingers crossed you have sussed this issue out now... Smiley

Could I just check, I have tried doing the upgrade. If my qt is showing this, has the upgrade succeeded:
v0.7.4.1-g-9-g23ef1a4-beta

Cheers,

Roister01

Also, what settings will I have to put into my miner to make it work again?



Looks like a successful update from here, and your mining settings can remain the same.
full member
Activity: 139
Merit: 100
Hi folks,

Fingers crossed you have sussed this issue out now... Smiley

Could I just check, I have tried doing the upgrade. If my qt is showing this, has the upgrade succeeded:
v0.7.4.1-g-9-g23ef1a4-beta

Cheers,

Roister01

Also, what settings will I have to put into my miner to make it work again?

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