[Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! - page 255.

Kracko

sr. member

Activity: 456

Merit: 250

Quote from: digit on August 20, 2014, 01:30:42 PM

Quote from: primouno on August 20, 2014, 10:49:26 AM

Difficulty jumped from about 0.01 to 0.014. That's 40% more which means much more new miners. Unfortunatelly they all go to one pool Angry

are you saying the pool cant be trusted? i dont think you need to worry, if UTC become more profitable to mine, other profit-switching multipools will switch to it or add the option to mine Scrypt ChaCha

I doubt there is anything nefarious going on with the pool. But I have to admit it did lower my expectations when I found there was only one pool with almost all the hash rate. I've come to find the this coin is held up by its community of loyal followers. One of the few coins that's actually worth holding onto.

UTC already pops up to the top occasionally with Kbombas Profit Calculator tool. Which could explain some of the new miners.
https://github.com/KBomba/cuda-profit-calc/releases

The only problem with having profit-switching multipools targeting UTC will be a drop in price as it gets mercilessly pounded by the selling from miners dumping it.

Again, I'll offer up my pool. http://utc.tumblingblock.com. There's 0% tax. There will be orphans until a decent hashrate achieved. At 70kh/s we were getting orphans, but that's a very small percentage of the hash rate.

usukan

legendary

Activity: 1590

Merit: 1002

Thanks for your help Michael - much appreciated.

Quote from: bumface on August 20, 2014, 03:09:55 PM

I arranged for you guys to still participate in las vegas.

bumface

hero member

Activity: 728

Merit: 501

I arranged for you guys to still participate in las vegas.

digit

legendary

Activity: 1672

Merit: 1010

i think it be okay with high number of miners, it would only hurt UTC future if they attempted something malicious with the blockchain and i believe the pool was created by UTC team itself (?) for the purpose of supporting ultracoin so it would be senseless for them to try that.
its a different story for other pools that exist to mine coins for immediate profit and are not part of the UTC team, then definitely it would be a concern if it had too much hashrate.

primouno

sr. member

Activity: 251

Merit: 250

Quote from: digit on August 20, 2014, 01:30:42 PM

Quote from: primouno on August 20, 2014, 10:49:26 AM

Difficulty jumped from about 0.01 to 0.014. That's 40% more which means much more new miners. Unfortunatelly they all go to one pool Angry

are you saying the pool cant be trusted? i dont think you need to worry, if UTC become more profitable to mine, other profit-switching multipools will switch to it or add the option to mine Scrypt ChaCha

No, the pool is OK

I just thought that all new miners are going in one place.

digit

legendary

Activity: 1672

Merit: 1010

Quote from: primouno on August 20, 2014, 10:49:26 AM

Difficulty jumped from about 0.01 to 0.014. That's 40% more which means much more new miners. Unfortunatelly they all go to one pool Angry

are you saying the pool cant be trusted? i dont think you need to worry, if UTC become more profitable to mine, other profit-switching multipools will switch to it or add the option to mine Scrypt ChaCha

primouno

sr. member

Activity: 251

Merit: 250

Difficulty jumped from about 0.01 to 0.014. That's 40% more which means much more new miners. Unfortunatelly they all go to one pool Angry

RichardMiner

full member

Activity: 181

Merit: 100

....buy orders and price are going UP Wink

primouno

sr. member

Activity: 251

Merit: 250

Something is going on with UTC

We need to balance pools! All hashpower is in one pool ATM. Thiago, maybe close signing up at http://www.ultracoins.info/ ?

usukan

legendary

Activity: 1590

Merit: 1002

usukan

legendary

Activity: 1590

Merit: 1002

I have an anonymous Conference donation.

WOW - thanks for your support on this !

19999.99999 UTC

based on current Cryptsy price and my 0.000013 cap - rate = 0.000013

BTC donation = 0.25999999987

I have deposited this to the Conference donation address

txID - 3ad5dfef1b136b57196be94c62d9ba3adf11638ee010357c68c9b58a8a830f75

https://blockchain.info/tx/3ad5dfef1b136b57196be94c62d9ba3adf11638ee010357c68c9b58a8a830f75

Glad to be of service and your support of UTC much appreciated

Please - anyone else?

Cheers usukan

Marnie1976

sr. member

Activity: 275

Merit: 250

@Steven

this 0,4 donation is not anonymous but from us : RichardMiner & Marnie1976

Quote from: rapture333 on August 19, 2014, 11:22:03 PM

BTC Donation Address: 1Nhv4mg8sVZZFyc2jRZPPEdUGibpsvkVei

Donation Goal ~6.9BTC | Total Received 3.7142738 BTC

Donated Amount

Management 2.0 BTC
Janu$$ 0.1 BTC
Anonymous 0.0059248 BTC
Primuono 0.004524 BTC
Uggle 0.0059248 BTC
Usukan 0.2 BTC
Anonymous 0.4 BTC
Anonymous 1 BTC
Anonymous 0.003825 BTC

rapture333

sr. member

Activity: 476

Merit: 250

Quote from: RichardMiner on August 19, 2014, 06:56:31 PM

Quote from: pugman on August 19, 2014, 06:37:57 PM

i thought that multipool would raise price. Where is the amazing multipool action?

I guess this bigd27 or Craig (what's his name) who started the new multipool is a blablabla guy and a faker, just like the other guy from the former multipool Hayden who suddenly had to go in to the army and disappeared and closed the multipool Roll Eyes

If this bigd27/Craig is serious about the multipool why we don't hear anything for more than two weeks from him Huh

Before he was almost everyday on the forum to inform us about the progress of the multipool but now he is like the ghost rider....

.... Lips sealed

maybe we have to except it: Welcome to the Wild, Wild West of Crypto World !

I wouldn't be so quick to judge, as far as I know Craig and his associates are still working on the Multi-Pool so users do not have to upload the payout address into their wallet, because they felt uncomfortable, which is understandable. Give him some time, I doubt working on a project that large is an easy task. The Multi-Pool isn't up yet, but we could have something that will be a great asset when it is.

rapture333

sr. member

Activity: 476

Merit: 250

BTC Donation Address: 1Nhv4mg8sVZZFyc2jRZPPEdUGibpsvkVei

Donation Goal ~6.9BTC | Total Received 3.7142738 BTC

Donated Amount

Management 2.0 BTC
Janu$$ 0.1 BTC
Anonymous 0.0059248 BTC
Primuono 0.004524 BTC
Uggle 0.0059248 BTC
Usukan 0.2 BTC
Anonymous 0.4 BTC
Anonymous 1 BTC
Anonymous 0.003825 BTC

Firstly, I just want to give a shout out to Usukan who has done a fantastic service of converting UTC to BTC, thank you! Secondly, I want to say thank you to the community for coming together on this motion of sending Ultracoin to Hashers United, your generosity will not be in vain. Thirdly, I would like to announce that I have found a potential candidate for speaking at Hashers United. He is a good friend and is the person who originally introduced me to Ultracoin. He is an expert at Crypto-currency and is very knowledgeable, so stay tuned. Lastly, there has been a lot going on behind the scenes to get the conference going. I have been in direct phone contact with Hashers United in the past week and am in the process of reserving our table. I am also in the process of designing and printing T-shirts, business cards, flyers, and other material as handouts during the conference. I want to make sure we make an impression, and if you have any material, services, or ideas you would like to provide please don't hesitate to contact me. Also, as sponsors of the event, we are extending our 20% discount to any community members that would like to attend the conference, so please, if you are thinking about coming by, you can receive 20% off entrance into Hasher's United as well as a significant reduction in rooms if staying at the even with our group discount code.

By the way guys, some updates concerning Ultracointalk.org/

- I have been working on optimizations for the site in time for Hashers United
- There is an issues accessing the site via mobile device, I am away and working on a fix
- An attachments section has been added
- A Social Groups section has been added, you can now create social groups with private threads and message boards
- A Multi Media gallery has been added, you can now upload and view Videos, Audio, Photos, etc
- A links directory has been added, you can now upload URL's with brief descriptions, like a yellow pages
- You can now host files in the download section (must be approved by admin)
- You can now "Like" posts and rate topics
- You can now tag members in posts with @Membername
- Numerous enhancements to the text editor
- Added Chatbox (Old news but just in case you didn't know)

Also, set to release a new business directory for Ultracoin, shooting to launch within 1-2 weeks. It was set back and I apologize. The Official Ultracoin YouTube channel is launched and content will soon be added on a periodic basis, if you would like to contribute to the YouTube channel to promote products accepted with Ultracoin, add tutorials, interviews, informational or other Ultracoin/Crypto related content, please e-mail me. Otherwise I will be adding content soon.

BTC Donation Address: 1Nhv4mg8sVZZFyc2jRZPPEdUGibpsvkVei
https://blockchain.info/address/1Nhv4mg8sVZZFyc2jRZPPEdUGibpsvkVei

Sincerely,

Steven "Rapture"
Marketing & PR Director
[email protected]

RichardMiner

full member

Activity: 181

Merit: 100

Quote from: pugman on August 19, 2014, 06:37:57 PM

i thought that multipool would raise price. Where is the amazing multipool action?

I guess this bigd27 or Craig (what's his name) who started the new multipool is a blablabla guy and a faker, just like the other guy from the former multipool Hayden who suddenly had to go in to the army and disappeared and closed the multipool Roll Eyes

If this bigd27/Craig is serious about the multipool why we don't hear anything for more than two weeks from him Huh

Before he was almost everyday on the forum to inform us about the progress of the multipool but now he is like the ghost rider....

.... Lips sealed

maybe we have to except it: Welcome to the Wild, Wild West of Crypto World !

pugman

legendary

Activity: 2383

Merit: 1551

dogs are cute.

i thought that multipool would raise price. Where is the amazing multipool action?

RichardMiner

full member

Activity: 181

Merit: 100

Quote from: funsponge on August 19, 2014, 06:26:43 PM

Quote from: RichardMiner on August 19, 2014, 01:38:55 PM

Quote from: digit on August 19, 2014, 01:19:45 PM

so looking beyond the convention, is there other developments or thoughts on UTC direction?

-Waiting for the asics coming ? then the miners with "old" videocards wil step over to the few coins like UTC
-Android wallet ?
-Wallet update with stealth transaction ?

the asics are here ain't they? which is why Litecoin has dropped so much over the last month? That's what they have been saying on the troll boxes.

No, as far as I know they are still not ready with the process of manufacturing and so still not shipped, I mean the asics which can mine LTC, Doge etcetera....
AlphaTech is a scam they wont deliver and everybody loss their payments.
KnCMiners are going to ship and deliver hopefully next month. This looks promising and they are more trustworthy.
About other asics providers/manufacturers I don't know....

funsponge

hero member

Activity: 776

Merit: 557

Quote from: RichardMiner on August 19, 2014, 01:38:55 PM

Quote from: digit on August 19, 2014, 01:19:45 PM

so looking beyond the convention, is there other developments or thoughts on UTC direction?

-Waiting for the asics coming ? then the miners with "old" videocards wil step over to the few coins like UTC
-Android wallet ?
-Wallet update with stealth transaction ?

the asics are here ain't they? which is why Litecoin has dropped so much over the last month? That's what they have been saying on the troll boxes.

usukan

legendary

Activity: 1590

Merit: 1002

@ Anonymous

I decided to process it and make the BTC donation - you can tell us who you are if you wish.

I have received your conference donation - 300 UTC

Rate 0.00001275 = 0.003825 BTC

This has been sent to the Conference donation address

txID ef9622560b61c180a91b61a69957a2ec97de7d75363a2ef8f34696c598837a1f

https://blockchain.info/tx/ef9622560b61c180a91b61a69957a2ec97de7d75363a2ef8f34696c598837a1f

Glad to be of service and thanks for your support.

---------------------------------

Just a note - my deal for UTC donations was to the max price of 0.000013 - I see that its getting very close to that now.

If the price goes over 0.000013 on Cryptsy - the deal for these donations will be clamped at 0.000013 (unless the price falls again).

Quote from: usukan on August 19, 2014, 04:48:42 PM

Anonymous donation?

I have a UTC donation for the Conference - but I dont know who sent it??

If you let me know who sent and how much (so I know it definitely you) I will transfer BTC and post who is the donor!

Thanks - to whoever it was!

usukan

legendary

Activity: 1590

Merit: 1002

Anonymous donation?

I have a UTC donation for the Conference - but I dont know who sent it??

If you let me know who sent and how much (so I know it definitely you) I will transfer BTC and post who is the donor!

Thanks - to whoever it was!

Topic: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! - page 255. (Read 381007 times)