Topic: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! - page 215. (Read 381007 times)
October 24, 2014, 04:33:00 AM
October 24, 2014, 12:21:31 AM
Development Update October 24th, 2014
There are other plans and developments in our timeline that cannot be publicly leaked due to the sensitive nature of these projects. New developments and opportunities are always presenting themselves, so expect new projects, plans and developments to be announced as they become official. One of our most exciting changes is the needed re-design of the Ultracoin logo. The currently logo is a familiar one, however, a professionally designed logo will set a part the Ultracoin brand from our competitors. At this stage in the game, updating the logo will be much more painless then in the future, ultimately the final design will be taken to a community vote. Mutli-pool updates are being conducted by Kracko with new improvements occurring daily; more and more miner's are piling on everyday and with the coming Scrypt ASIC's the pool will be a a force to be reckoned with. When the mutli-pool is finally complete, projects such as the Minecraft Plugin will become a dominant focus. Re-designing the main site as well as pruning and editing the OP are all a part of the next step in Ultracoins evolution. Marketing strategies will become more aggressive and community involvement in gaining acceptance will become an important pillar in coming time. We will be seeking exposure into new markets and exchanges, most notably the Chinese market. See below for a complete list:
Multi-Pool
* Completely revamp the market handling portion of the multipool to support Bittrex as well as Cryptsy.
* Routing of coins will be dependent on availability at the exchange and the best prices.
* Payouts will be directly tied to completed transactions on the exchanges.
* Add more coins to the pool for more profitable coin switching.
* Add incoming 300Mh/s Scrypt ASIC's to pool.
Information & Image
* Re-design of Ultracoin logo, final version to be taken to vote by the community.
* Re-design official website by professional designers.
* Add more Ultracoin connected domain names to pools, multi-pool, paper wallet generator and other services (such as ultrabex.com)
* Edit and prune OP and website for more accurate and up to date information
* Polish the new Ultracoin paper wallet generator.
* Fix broken merchant buttons on useultracoin.com.
Marketing
* Aggressive marketing campaigns for brick & mortar as well as online businesses.
* Seek business acceptance in large volume industries (gold and silver, alcohol, guns, automotive, etc).
* Website for online retail of Ultracoin memorabilia, including t-shirts, pens, stickers, etc. Self-sufficient income will go towards marketing.
* YouTube videos on the official_ultracoin channel such as How-To's, informational videos, etc.
* Free T-shirts for active core members (if you donated towards Hasher's United please e-mail me your shipping info and t-shirt size).
Infrastructure
* Gain Ultracoin acceptance on a Chinese based exchange for access into the Eastern market.
* Gain acceptance on a third party payment process that includes a mobile wallet such as Casheer.
* Plan developments for NFC technology implementation with a physical wallet.
* Create incentives for balancing pools
Long Term
* Initiate development of the Minecraft Plugin.
* Get accepted by a major chain or retailer.
* Wallet tweaks and improvements.
* And more...
Do you have any businesses you would like to see accepting Ultracoin or any projects you would like to see Ultracoin be a partner of, let us know!
Sincerely,
Steven "Rapture"
PR & Marketing Director
[email protected]
There are other plans and developments in our timeline that cannot be publicly leaked due to the sensitive nature of these projects. New developments and opportunities are always presenting themselves, so expect new projects, plans and developments to be announced as they become official. One of our most exciting changes is the needed re-design of the Ultracoin logo. The currently logo is a familiar one, however, a professionally designed logo will set a part the Ultracoin brand from our competitors. At this stage in the game, updating the logo will be much more painless then in the future, ultimately the final design will be taken to a community vote. Mutli-pool updates are being conducted by Kracko with new improvements occurring daily; more and more miner's are piling on everyday and with the coming Scrypt ASIC's the pool will be a a force to be reckoned with. When the mutli-pool is finally complete, projects such as the Minecraft Plugin will become a dominant focus. Re-designing the main site as well as pruning and editing the OP are all a part of the next step in Ultracoins evolution. Marketing strategies will become more aggressive and community involvement in gaining acceptance will become an important pillar in coming time. We will be seeking exposure into new markets and exchanges, most notably the Chinese market. See below for a complete list:
Multi-Pool
* Completely revamp the market handling portion of the multipool to support Bittrex as well as Cryptsy.
* Routing of coins will be dependent on availability at the exchange and the best prices.
* Payouts will be directly tied to completed transactions on the exchanges.
* Add more coins to the pool for more profitable coin switching.
* Add incoming 300Mh/s Scrypt ASIC's to pool.
Information & Image
* Re-design of Ultracoin logo, final version to be taken to vote by the community.
* Re-design official website by professional designers.
* Add more Ultracoin connected domain names to pools, multi-pool, paper wallet generator and other services (such as ultrabex.com)
* Edit and prune OP and website for more accurate and up to date information
* Polish the new Ultracoin paper wallet generator.
* Fix broken merchant buttons on useultracoin.com.
Marketing
* Aggressive marketing campaigns for brick & mortar as well as online businesses.
* Seek business acceptance in large volume industries (gold and silver, alcohol, guns, automotive, etc).
* Website for online retail of Ultracoin memorabilia, including t-shirts, pens, stickers, etc. Self-sufficient income will go towards marketing.
* YouTube videos on the official_ultracoin channel such as How-To's, informational videos, etc.
* Free T-shirts for active core members (if you donated towards Hasher's United please e-mail me your shipping info and t-shirt size).
Infrastructure
* Gain Ultracoin acceptance on a Chinese based exchange for access into the Eastern market.
* Gain acceptance on a third party payment process that includes a mobile wallet such as Casheer.
* Plan developments for NFC technology implementation with a physical wallet.
* Create incentives for balancing pools
Long Term
* Initiate development of the Minecraft Plugin.
* Get accepted by a major chain or retailer.
* Wallet tweaks and improvements.
* And more...
Do you have any businesses you would like to see accepting Ultracoin or any projects you would like to see Ultracoin be a partner of, let us know!
Sincerely,
Steven "Rapture"
PR & Marketing Director
[email protected]
October 23, 2014, 06:14:13 PM
UTC team! Bravo!
October 23, 2014, 10:34:00 AM
I spoke with DCgirl,
As far as Ultra-Arb goes, DCgirl says that she took the website down as it was showing arbitrage opportunities for wallets that were offline. She was receiving complaints dealing with inaccurate data reported by exchanges and has taken the site down until the issues can be resolved.
DCgirl has a professional life as many of us do, and is dedicating a large amount of her time to her software company. However, she is considering if there are ways to benefit Ultracoin in the future, possibly in freelance development or other projects, but she won't be joining the team at this time.
Sincerely,
Steven "Rapture"
As far as Ultra-Arb goes, DCgirl says that she took the website down as it was showing arbitrage opportunities for wallets that were offline. She was receiving complaints dealing with inaccurate data reported by exchanges and has taken the site down until the issues can be resolved.
DCgirl has a professional life as many of us do, and is dedicating a large amount of her time to her software company. However, she is considering if there are ways to benefit Ultracoin in the future, possibly in freelance development or other projects, but she won't be joining the team at this time.
Sincerely,
Steven "Rapture"
Thanks for the clarification..
October 23, 2014, 10:18:03 AM
I spoke with DCgirl,
As far as Ultra-Arb goes, DCgirl says that she took the website down as it was showing arbitrage opportunities for wallets that were offline. She was receiving complaints dealing with inaccurate data reported by exchanges and has taken the site down until the issues can be resolved.
DCgirl has a professional life as many of us do, and is dedicating a large amount of her time to her software company. However, she is considering if there are ways to benefit Ultracoin in the future, possibly in freelance development or other projects, but she won't be joining the team at this time.
Sincerely,
Steven "Rapture"
As far as Ultra-Arb goes, DCgirl says that she took the website down as it was showing arbitrage opportunities for wallets that were offline. She was receiving complaints dealing with inaccurate data reported by exchanges and has taken the site down until the issues can be resolved.
DCgirl has a professional life as many of us do, and is dedicating a large amount of her time to her software company. However, she is considering if there are ways to benefit Ultracoin in the future, possibly in freelance development or other projects, but she won't be joining the team at this time.
Sincerely,
Steven "Rapture"
October 23, 2014, 10:17:11 AM
+1 
GPU mining is coming to end. No profit to me...long time. The Multipool is very good choice.
Valpe
GPU mining is coming to end. No profit to me...long time. The Multipool is very good choice.
Valpe
It all depends on your setup and the horse you chose to run your race with. Back in December/January I shouted to the world how great low end radeons with large chunks of memory were for mining YACoin at NF=14 (right where UTC is now). I got ROI on my hardware in April and have had 6 straight months to enjoy being in the black on my investment. While the returns are not what they were 8-10 months ago, $7-$10 USD per card per month after power (at the curent bitcoin values) is still not bad - I'd hate to have to buy now though.
October 23, 2014, 09:27:08 AM
Steven, Is DC Girl going to join utc again? She told me yesterday she had sent you a mail...
October 23, 2014, 09:24:23 AM
rapture,
How does the staking work on the UTC wallet? I have coins in my wallet for months and tried to stake but nothing happens. I am using the latest wallet but I never seem to get any coins.
Thx
How does the staking work on the UTC wallet? I have coins in my wallet for months and tried to stake but nothing happens. I am using the latest wallet but I never seem to get any coins.
Thx
As far as I know, it should only be one week old to begin staking, and after another week you should see a .01% interest rate, which compounds to create a 5.2% interest rate per year. Perhaps try sending all of your Ultracoin to a new address? It has alway worked for me, I just enable stake minting and the process starts. Your wallet needs to be connected to the network for the equivalent of a week during the minting process as well.
October 23, 2014, 08:24:10 AM
rapture,
How does the staking work on the UTC wallet? I have coins in my wallet for months and tried to stake but nothing happens. I am using the latest wallet but I never seem to get any coins.
Thx
How does the staking work on the UTC wallet? I have coins in my wallet for months and tried to stake but nothing happens. I am using the latest wallet but I never seem to get any coins.
Thx
October 23, 2014, 06:48:23 AM
+1
GPU mining is coming to end. No profit to me...long time. The Multipool is very good choice.
Valpe
[/quote]
This is just the conclusion that I came to the other day when I decided to start mining at the multipool.
Honestly right now I am not making any money mining UTC directly (very little atleast), so what can we do about it? I still want to support UTC, since I have been a long time believer! Well... the only good thing I could come up with is trying to raise the value of the coins I already have, and the most reasonable way of doing this is by putting my rigs on the multipool (since I do not have fiat or BTC to spend). I think many should consider the same thing, and that's why I am promoting it in the little ways that I can.
Edit: There is another side to it as well, investors want to invest in a coin with a strong community, having a multipool with good hash shows dedication from us.
[/quote]
GPU mining is coming to end. No profit to me...long time. The Multipool is very good choice.
Valpe
[/quote]
This is just the conclusion that I came to the other day when I decided to start mining at the multipool.
Honestly right now I am not making any money mining UTC directly (very little atleast), so what can we do about it? I still want to support UTC, since I have been a long time believer! Well... the only good thing I could come up with is trying to raise the value of the coins I already have, and the most reasonable way of doing this is by putting my rigs on the multipool (since I do not have fiat or BTC to spend). I think many should consider the same thing, and that's why I am promoting it in the little ways that I can.
Edit: There is another side to it as well, investors want to invest in a coin with a strong community, having a multipool with good hash shows dedication from us.
[/quote]
October 23, 2014, 05:01:17 AM
October 23, 2014, 02:20:21 AM
i think UTC is dead now
@1echo. negative nancy-boys are not welcome here. just so you know to take yourself elsewhere. October 23, 2014, 12:52:08 AM
i think UTC is dead now
People have been saying that since the beginning and we are still here, growing, and bigger than ever. We had 4 new business accept Ultracoin this week and have risen substantially on the coinmarketcap. It is easy to come here and say that a coin is dead, it is literally the least you can do, try building one up.
October 23, 2014, 12:12:15 AM
i think UTC is dead now
October 22, 2014, 11:52:59 PM
October 22, 2014, 11:06:57 PM
October 22, 2014, 10:53:35 PM
For you guys mining X11 check out this guide by primuono for increasing your hashpower by 40%! I will be putting ny GPU's on the X11 multi-pool today too!
http://ultracointalk.org/b3/how-increase-hashpower-up-40percent-mining-x11-coins/136/
That's only AMD GPUs http://ultracointalk.org/b3/how-increase-hashpower-up-40percent-mining-x11-coins/136/
Edit:
I'm testing multipool. When can I expect first payout??
Once you reach the threshold of the equivalent value of 1 UTC in any of the coins you happen to be mining, you'll get a payout. See the Miner's tab at the right corner under the active switching pools window. You can look at 24 hour payouts or the last 100 payouts by worker address.
October 22, 2014, 10:03:43 PM
Ok ppl! We need more miners to come to the multipool http://multi.tumblingblock.com/ !
I have now set-up my rigs for the x11 algo and heres the steps needed. I guess like a lot of other users here I have only been mining UTC directly and have not updated myself in the ways of mining x11 algo.
Note: For ATI cards.
Step 1) go here and download the newest SGminer: https://www.nicehash.com/software/sgminer-5.0-badman74-mod-win32.zip
Step 2) Make sure you have a new version of catalyst drivers. I heard that the verision 14.7 is the best which is also the one I am using.
step 3) Configure your .bat file. This is my settings:
setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_USE_SYNC_OBJECTS 1
sgminer.exe --algorithm darkcoin-mod -o stratum+tcp://multi2.tumblingblock.com:5000 -u -p x -w 128 -g 2 -I 17
Open the file: It gives me 4.11 Mhash/s per r9 280x card, I heard some get more around 4.2Mhash to 4.4Mhash.
Useful links for help:
http://wiki.darkcoin.eu/wiki/Mining_Darkcoin <-------------------Darkcoin mining wiki
https://bitcointalk.org/index.php?topic=632503.2040 <------------ SGminer official thread.
Come and join the fun in the multipool !
I have now set-up my rigs for the x11 algo and heres the steps needed. I guess like a lot of other users here I have only been mining UTC directly and have not updated myself in the ways of mining x11 algo.
Note: For ATI cards.
Step 1) go here and download the newest SGminer: https://www.nicehash.com/software/sgminer-5.0-badman74-mod-win32.zip
Step 2) Make sure you have a new version of catalyst drivers. I heard that the verision 14.7 is the best which is also the one I am using.
step 3) Configure your .bat file. This is my settings:
setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_USE_SYNC_OBJECTS 1
sgminer.exe --algorithm darkcoin-mod -o stratum+tcp://multi2.tumblingblock.com:5000 -u
Open the file: It gives me 4.11 Mhash/s per r9 280x card, I heard some get more around 4.2Mhash to 4.4Mhash.
Useful links for help:
http://wiki.darkcoin.eu/wiki/Mining_Darkcoin <-------------------Darkcoin mining wiki
https://bitcointalk.org/index.php?topic=632503.2040 <------------ SGminer official thread.
Come and join the fun in the multipool !
Several older coins had block rewards low by a factor of 100 in the multipool. This only affected profit calculations- in effect they never got picked. They've been fixed. I'll be adding lots more X11 coins now that there's some interest there.
Edit: Just added Darkcoin back. Cannabiscoin is next as it was just at the top of Coinwarz for X11. Its wallet is synching right now.
October 22, 2014, 07:17:11 PM
Uggle - while I admire your enthusiasm - these are the facts from the tumblingblock multipool
There are only 8 workers at present
http://multi.tumblingblock.com/miners
payouts in UTC over the last 24 hrs were
207.927281 UTC
This was worth 0.016634182 BTC
that was worth USD 6.320989342 ($6.32)
I doubt this is paying for power and hosting - let alone making any difference to UTC price
Unless this increases 100 fold - it will not make any difference at all - a LOT more miners required before moontime.
Serious question - is anyone making ANY money from mining?
This is great everyone! We went from 20 Mhash to 100+ Mhash in just half a day! Prepare to go moontime if more ppl decide to join.
There are only 8 workers at present
http://multi.tumblingblock.com/miners
payouts in UTC over the last 24 hrs were
207.927281 UTC
This was worth 0.016634182 BTC
that was worth USD 6.320989342 ($6.32)
I doubt this is paying for power and hosting - let alone making any difference to UTC price
Unless this increases 100 fold - it will not make any difference at all - a LOT more miners required before moontime.
Serious question - is anyone making ANY money from mining?
Thanx Uggle 
, been waiting for this simple setup with a working batfile! Made me point 2 of my rigs to the multipool! All working well so far, let's see some payouts in UTC soon
Cheers!
, been waiting for this simple setup with a working batfile! Made me point 2 of my rigs to the multipool! All working well so far, let's see some payouts in UTC soonCheers!
Ok ppl! We need more miners to come to the multipool http://multi.tumblingblock.com/ !
I have now set-up my rigs for the x11 algo and heres the steps needed. I guess like a lot of other users here I have only been mining UTC directly and have not updated myself in the ways of mining x11 algo.
Note: For ATI cards.
Step 1) go here and download the newest SGminer: https://www.nicehash.com/software/sgminer-5.0-badman74-mod-win32.zip
Step 2) Make sure you have a new version of catalyst drivers. I heard that the verision 14.7 is the best which is also the one I am using.
step 3) Configure your .bat file. This is my settings:
setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_USE_SYNC_OBJECTS 1
sgminer.exe --algorithm darkcoin-mod -o stratum+tcp://multi2.tumblingblock.com:5000 -u -p x -w 128 -g 2 -I 17
Open the file: It gives me 4.11 Mhash/s per r9 280x card, I heard some get more around 4.2Mhash to 4.4Mhash.
Useful links for help:
http://wiki.darkcoin.eu/wiki/Mining_Darkcoin <-------------------Darkcoin mining wiki
https://bitcointalk.org/index.php?topic=632503.2040 <------------ SGminer official thread.
Come and join the fun in the multipool !
I have now set-up my rigs for the x11 algo and heres the steps needed. I guess like a lot of other users here I have only been mining UTC directly and have not updated myself in the ways of mining x11 algo.
Note: For ATI cards.
Step 1) go here and download the newest SGminer: https://www.nicehash.com/software/sgminer-5.0-badman74-mod-win32.zip
Step 2) Make sure you have a new version of catalyst drivers. I heard that the verision 14.7 is the best which is also the one I am using.
step 3) Configure your .bat file. This is my settings:
setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_USE_SYNC_OBJECTS 1
sgminer.exe --algorithm darkcoin-mod -o stratum+tcp://multi2.tumblingblock.com:5000 -u
Open the file: It gives me 4.11 Mhash/s per r9 280x card, I heard some get more around 4.2Mhash to 4.4Mhash.
Useful links for help:
http://wiki.darkcoin.eu/wiki/Mining_Darkcoin <-------------------Darkcoin mining wiki
https://bitcointalk.org/index.php?topic=632503.2040 <------------ SGminer official thread.
Come and join the fun in the multipool !
This is great everyone! We went from 20 Mhash to 100+ Mhash in just half a day! Prepare to go moontime if more ppl decide to join.
October 22, 2014, 04:27:53 PM
How many of you are interested in buying gold & silver with Ultracoin?
What other industries would you like to see accepting Ultracoin?
Check out Coinpayments for a directory of Ultracoin accepting merchants: https://www.coinpayments.net/store-directory-coin-UTC
For a more complete list, check out Useultracoin.com
What other industries would you like to see accepting Ultracoin?
Check out Coinpayments for a directory of Ultracoin accepting merchants: https://www.coinpayments.net/store-directory-coin-UTC
For a more complete list, check out Useultracoin.com
I really liked Pock.io when they supported Ultracoin, the ability to exchange Ultracoin for vouchers from over 200 retailers was something I used fairly often. Of course Pock.io stopped supporting Ultracoin when the coin was at a low and no volume, of course the other problem was that Pock.io was UK based. However, I liked the model
KC
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