Topic: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! - page 207. (Read 381007 times)

http://ultracointalk.org/index.php?topic=234.new#new

New Ultracoin acceptance images:







Compliments to B3DA on the re-design.

Wow! UTC has gone up a lot lately! 

New purse (1.0.4.1) does not work.

Ha ha...kind of backfired..

I got it! Bring on the one click mining and let's get spreading the word
! Hopefully this will introduce 1000's of newcomers and also attract the redit users and 'under 18's' markets. Perhaps a YouTube video could be done to explain it.

I'll shut-up then!

Sorry for any confusion here

this was "satire" - a particular style of writing to make a point with intrigue

Basically a joke

All bullshit actually

satire
noun
the use of humour, irony, exaggeration, or ridicule to expose and criticize people's stupidity or vices, particularly in the context of contemporary politics and other topical issues.

Please bring on the one-click miner

thanks all that what you said was done and more. but still nothing works to get it to 3.6 mh/s. at this point windows vista will do it windows 8 wont and that is the only thing that works to get 3.6 . i wonder what it is about vista.

Are you using any of your mining cards to drive a monitor?  That's a performance hit too.  You actually get less warps because of the memory taken to run a screen.   Do all the cards have adequate power?  Make sure you are using the latest version of CudaMiner too.  Earlier this year the Keccak portion had to be done single-threaded by CPU.  Now, most everything can be offloaded into the GPUs.  

I'm using Ubuntu Server 14.04.  It's still not perfect.  I always seem to have at least one card lagging a bit on each of my rigs- but not more than 10-15% from the highest at times.  Earlier versions of CudaMiner performed part of the algos by CPU.  I get 19-21khash on each 6 card rig.

Intel Celeron G1850 Dual Core 2.9GHz
ASRock H81 Pro
EVGA 750ti ACX Version (with 6pin power jacks) 3-4 each server
EVGA 750ti Non-ACX Version 2-3 each server
PCIe 1x Powered Risers (http://www.newegg.com/Product/Product.aspx?Item=9SIA32C1EC4586)

You get plenty of adapters that come with the 1x risers so you can convert SATA and the 4-pin molex connectors to 6pin PCIe power jacks and to power the risers. I recommend at least a 650W PSU, single 12v rail.  Make sure it has enough SATA and 4 pin connectors to run a 4 pin molex to each card and a 6pin PCIe connector to the top of the GPU.  For the most part I dedicated 1 line off the PSU to powering the riser and the GPU.  With a 2-3 non-ACX cards running off the powered risers.  I have all six running on each of my rigs.

I wouldn't try to run more than one non-ACX style GPU in a setup without a powered riser as it will go beyond PCIe power specs (75W) and you run the risk of frying the traces in your mobo.

This "one-click" mining discussion cracks me up..........

Yeah we don't want non-technical people in THIS coin - and besides the technical dudes who have done most of the mining to date need to have the lions share of future distributions. Thats perfectly obvious to all. Its not centralisation at all - its just a select group of the elite producing supply - its not like we are printing money or anything!

Lets change the name to MOC - Miners Only Coin - so any newcomers really get the clear message to "back off".

This is the best strategy to ensure distributed ownership and mass adoption so that UTC can be a grand success.

Best we make everyone pass a very demanding set of technical tests first, to earn the right to mine - we just can't afford to have any plumbers, bakers or truck drivers owning, trading or God forbid "mining our coin".

This one-click miner is a very dangerous idea - it cuts right to the basis of everything we stand for at UTC - can we make it much harder to mine please? - I just don't want to share it with any more people at all AND we need to limit the supply as much as possible so the price goes way up - THEN sell to those idiot non-technical believers before they realise that they were suckered.

I tried everything, single card to 6 cards and same thing.

Speaking of which, if you have a coinpayments account, please give useultracoin a review, we currently accept ALL cryptocurrencies which allows us to show up in all coin directories. The more positive feedback we have, the higher we will become in the rankings and the higher we will be on the directory list. This will allow us to show up in all coin pages and gain our coin some added exposure. If you have the time, please consider sparing a few minutes to submit some feedback: https://www.coinpayments.net/feedback-4cc0e02cf200cad4835ada6e58d0b946

There are already real uses for Ultracoin, and we get accepted by more and more businesses every week, of course, this trend needs to exponentially increased for Ultracoin to stay relevant which I am working on. However, if 90% of the Ultracoin is held in the hands of a small group (less than a thousand people) then how can we expect Ultracoin to remain decentralized? Do early adopters reap benefits? Of course, however, early adopters also include non-technical users that just want to mine with their GPU or gaming PC. Cryptocurrencies should not be be reserved for tech savvy individuals, a lot of the older generations control much of the wealth and commerce, and they too need to be involved. Not to mention that less tech savvy miners are going to be equipped with much less hash power (a GPU or two). If we want Ultracoin to be used for real world purposes, we need an economy, and to create that economy, we need more stakeholders. If not, Ultracoin will be centralized into the hands of the few, and with Scrypt-ChaCha, almost anybody can mine Ultracoin later down the road. Early adopters are still rewarded, but in this next step of Ultracoin's evolution we need more miners, users and businesses to use it.

There are already users that accept Ultracoin, for a larger list, check out the Use Ultracoin business directory or our Coinpayments directory: http://useultracoin.com/  |  https://www.coinpayments.net/store-directory-coin-UTC

And I still encourage users to participate in creating paper tip wallets and loading them with Ultracoin, this is an almost guaranteed way to get people into Ultracoin and only costs a few dollars and some time: http://tumblingblock.com/generate-wallet.html (Will be updated to the new logo soon)

We cannot afford to keep our community small forever, we must expand or we will become irrelevant in time. This next step ensures vitality into our future. The more people using Ultracoin, the more vibrant the economy, thus the more volume, acceptance, value, etc.

The one click miner will hook up to the multi-pool by default, this will increase buy support, however their will be options to mine Ultracoin directly as well. This is important from an investors perspective, especially when investors possess minimum knowledge on how to mine. They do not want to mine coins that are being dumped as that sends a bad message, however both options are there.

Sincerely,

Steven "Rapture"
Management Director
[email protected]
Ultracoin Team

I still disagree with the one click miner idea.  Aiming to bring in un-technical people will surely raise difficulty and push out some of the loyal supporters/early adopters who do not have access to cheap electric. 

As I said before more buy support is needed before making it easier to mine.  Until UTC has a real world purpose, it is not much different than all the sh*tcoins out there.

+1 there really isn't counter argument... at.all.

I see it as a natural step in the development, we want more un-techincal people to join the crypto race, a simpler setup would set us apart and appeal to the masses. Make us stick out!

I just don't see the correlation between more novice miners and more dumping. More miners means higher difficulty but the amount of coins generated in total every day is the same. I think the new people are more likely to save and use their new coins compared to miners who are chasing return of investment.

Exactly. Also it is today  easy for mine.
And if people feel he really need UTC for some reason, he can buy.  All time there is mined more UTC's  than there is buyers. Why set this kind of Nfactor timetable and  using chacha algo  and after then try generate easymine tools, what is logic?

Also there is so much HW and software (OS versions etc things, including GPU versions and there also different manufacture lots and possible cnahges in they FW's etc)  combinations that one click miner what works in all Computers/rigs  is nice dream but I suspect  it never happend. But of course some kind of one click miner is possible for limited amount of HW/SW combinations. I'm also not sure do this mean for AMD or Nvidia or both.

Perhaps if want support more "easyminers" it is more easy way to teach some Basic Fundamentals and principles to peoples about mining and configurations and so on, how settings related each others and what they really mean. To peoples who have very different levels of skills, experience and knowledge and also to lazy peoples who want all just now as free lounge or even so that some people serve directly with spoon to mouth. If people want salary, it need work. There is not real free lounges.

It is good to realize that Nvidia needs lot of more trafic between main board (chipset, CPU, memory)  and GPU than AMD.
Perhaps bottle neck come there just as one possible suspect about why.

What is HW combination what can really handle 6x GPU using maximal/enough  datastream speed for all these.

AMD (O. CL) do not care example if use 1x risers (due to much less needed data trafic thru PCI-E). But Nvidia (Cuda) start suffer even in fastest HW system if use 1x communication with PCI-E.  What HW (it need also look how CPU itself is related to this)  is designed for handle with real full speed 6x Nvidia GPU data trafic through PCI-E.  And still we are with  easy Nfactor 14.

Also operating system may affect due to things how they share resources.

Totally disagree with the one-click miner idea.  Will it not lead to the coin being raped by the masses, driving down profitability until it will only be cost effective to mine wherever in the world electric is cheapest (china)? EU miners will be squeezed out of the mining with our high electric costs.

Buy support is low enough at times already, making it easier to mine, & thus increasing coin supply, will surely only serve to decrease the longterm price.

Personally, I feel management need to spend time creating uses for UTC, ways to spend, a reason to want/need UTC before making it easier to create/mine more UTC's.