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Topic: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! - page 260. (Read 381021 times)

hero member
Activity: 494
Merit: 500
We need to work on the algo some..its just getting to hard to mine and its not covering the electric it takes to mine it...that a big problem...we are down to 910 ..pretty bad days..for such a good coin
full member
Activity: 138
Merit: 100

Hey guys, what happened to ultracoinpool.info?



Hey buddy sorry for the problem with Ultracoinpool.info the Reason You get only 200 coins is because all miner move to other pool and get lot orphan blocks we closed the ultracoinpool.info because we go moved to the NOMP pool plattform if You have coins in the pool please withdrawal

you can move to these pool

http://ultracoins.info
http://ultracoiners.info







Yes. Give more hashes to Thiago.  He already has 99% of the total net hash rate.

Hey dude what is the problem as  You know All fees generated by  Dev Pools  donated to the Ultracoin development fund, events, promotions and other efforts. I do not take any ultra
We have 2 moré pools

sr. member
Activity: 456
Merit: 250

Hey guys, what happened to ultracoinpool.info?



Hey buddy sorry for the problem with Ultracoinpool.info the Reason You get only 200 coins is because all miner move to other pool and get lot orphan blocks we closed the ultracoinpool.info because we go moved to the NOMP pool plattform if You have coins in the pool please withdrawal

you can move to these pool

http://ultracoins.info
http://ultracoiners.info







Yes. Give more hashes to Thiago.  He already has 99% of the total net hash rate.
legendary
Activity: 1590
Merit: 1002
sr. member
Activity: 456
Merit: 250
ok ill move my rigs over..lets see what happens...

http://utc.tumblingblock.com/


I give up....your site is f'ed  first keeps saying tokin expired  then it doesn't send confirmation emails..


This is a known problem with the CSRF feature of the MPOS frontend.  And I've seen the same problem on other sites.  It times out especially quick at the registration screen.  Once you've gotten your account established it is no longer a problem.

The mail works both for Gmail and my work address which has fairly restrictive spam filtering enabled.  Some filtering offerings do not like Leaseweb addresses though.  I'd check your Junk folder if you have one.

I've disabled the CSRF checking and turned off mail registration.  I find it doubtful that bots will overwhelm the server to mine UTC.  You should find registration much easier.

Please try it again.  And if there any other issues please let me know about it and I'll resolve it as quickly as I can.
sr. member
Activity: 476
Merit: 250
@utcminer
If you think buying up a bunch of Ultracoin is going to be better than attending this conference than you probably don't understand what it is that makes crypto-currency tick. We are focusing on real world applications of Ultracoin, which is what we are accomplishing by going to this conference. And the reason why the price wen't up is because we are sending out a speaker plus myself who will be running a table for the entirety of the conference, as well as filming the event and attempting to conduct interviews which will give exposure to Ultracoin as well. If you think something as superficial as buying up a bunch of Ultracoin is going to help us long term, than you have your strategy wrong.

I just spoke with Justina, the project manager of Hashers United, she told me that despite the politics they are still very much interested in Ultracoin coming to represent scrypt-ChaCha and gave me a direct line with her to contact her once we get everything sorted out. In the meantime, they are going ahead and putting us down as representing the conference, that alone should drive up the exposure of Ultracoin (can you believe what one phone call can accomplish). So we will be officially attending according to the Hashers United website, once we find the right candidate for speaking and representing Ultracoin and Scrypt-Chacha, and once we receive the donations for leasing the table, I will be able to finally confirm with Justina and everything will be set in stone!

BTC Donation Address: 1Nhv4mg8sVZZFyc2jRZPPEdUGibpsvkVei

Sincerely,

Steven "Rapture"
Marketing & PR Director
[email protected]
full member
Activity: 238
Merit: 100
http://ultracoin.net/ - Ultracoin Website http://c
sr. member
Activity: 456
Merit: 250
ok ill move my rigs over..lets see what happens...

http://utc.tumblingblock.com/


I give up....your site is f'ed  first keeps saying tokin expired  then it doesn't send confirmation emails..
Anyone know why in this pool find blocks 14.85 ?

WHERE THE OTHERS   0.15 GO?



It's called a 1% tax.  The total taxing is at 2% for tumblingblock.  I've reconfigured NOMP and MPOS so that all the fees appear in the accounting on the web site, and not half at the feed and half at the site.

Edit:

After further consideration I'm going to put my money where my mouth is- I've dropped all fees entirely and will go with donations instead.   Yes, I would like to see some compensation at some point for running the pool- and eventually there will be taxes.  But I would rather see this coin succeed as I already have a sizable stake in it and having a 99% hash rate on any one server is threatening.  If you feel the service is worthwhile feel free to donate.

http://utc.tumblingblock.com is a dedicated Leaseweb server and has a 100mbit connection which is mostly unused right now.  It also has plenty of CPU/memory to burn as it is only running a few other of my web sites.
full member
Activity: 238
Merit: 100
http://ultracoin.net/ - Ultracoin Website http://c
Website updated.

ABOUT:
Updated Team

BOUNTIES:
Updated bounties and respective rewards
Removed irrelevant data

MINING:
Updates pools
Fixed broken links
Updated Config Generator

EXCHANGES:
Updated list

NAV:
Updated BitcoinTalk link to new thread

OK good JOB!
hero member
Activity: 684
Merit: 500
Veni. Vidi. Vici.
Website updated.

ABOUT:
Updated Team

BOUNTIES:
Updated bounties and respective rewards
Removed irrelevant data

MINING:
Updates pools
Fixed broken links
Updated Config Generator

EXCHANGES:
Updated list

NAV:
Updated BitcoinTalk link to new thread
sr. member
Activity: 456
Merit: 250
One thing I really don't understand why miners are so stupid...

We al know we have to spread the hashrate, in our own interest for not getting a 51% attack or a fork.

Still UTC miners are mining almost for 99% on only one pool Huh Why they don't listen in their own interest ?

First almost all miners where at www.ultracoinpool.info.
Now this pool close down soon for maintenance and everybody has to check out their rigs.

Now the majority (99,9%) seems to stepped over to www.ultracoins.info.
Almost all miners are at this pool

The other pools are still empty:
www.ultracoiners.info  
http://utc.tumblingblock.com/

MINERS PLEASE BE AWARE THAT YOU HAVE TO SPREAD THE HASRATE OVER MORE THAN ONE POOL !!!

DO IT KNOW IN OUR ALL INTEREST AND NOT GETTING A 51% ATTACK !!!


I do not think you understand how a 51% attack works. However, you are correct that 99% of the hashing coming from one pool is a problem. But what motivation do miners have to switch pools when they lose 80% of their revenue by doing so?

Someone else suggested a system that increases fee structure when the hashing rate goes over 50%, that is a great idea. The only thing that will get miners to switch is when a more profitable option opens up, that's just the nature of mining. It's extremely competitive and no one is going to mine at a giant loss because "it's the right thing to do". They are going to mine wherever the profits are highest.

If you want them to switch take away their revenue and they will switch. Calling out a general group of people who probably don't even read this forum isn't going to get you very far. Even if they do read this forum, they don't care about the 51% attack, they care about immediate mining profits.


miningpoolhub uses an incremental fee system that seems to have worked.

Pool's hash share - Fee
0~45% - 1% Fee
46~50% - 2% Fee
51~100% - 2% Fee + 0.5% raise every day.

On a particular coin I have mined they usually peak at 33%.  They used to have over 51% until they implemented the increasing tax system.  If all pools coordinated in like manner, the motivation to relocate would be enough to keep a relatively fair distribution without the 51% problem.



Thanks Bret and Kracko for this good points.

But the pool owners don't do it for free.
To develop, maintain and keep it online cost (a lot) money.
I don't see it that they can/will do that for only 1% or 2% pool fee Huh

Hi RichardMiner,

if I got Kracko right, it is not the 1% or 2% that is important, but the 0.5% raise every day.
1 or 2 is just an "arbitrary" value, the steady raise every day makes the difference! This keeps the pools balanced.

Regards,
Janus

@RichardMiner.  At 3% fee, the 1.5mh/s that the ultracoins.info pool has only brings in around $212 a month at current prices, not including transaction fees and donations.  That would cover the cost of the dedicated server, but not the operation and maintenance, at least not my time.  From a pool owner's perspective, there's nothing significant to be made at this stage.  It's more about setting up the infrastructure and paving the way for future expansion. The big money is being in at the floor as a stakeholder and having your stake expand exponentially down the road.

@Janus.  Exactly.  The base amounts aren't as important as they can be scaled for volume.  With enough of a net hash rate, competition from other pools will force lower values as they try to draw as more players into the game.  It is the increasing penalty for inaction that will motivate.
member
Activity: 86
Merit: 10
One thing I really don't understand why miners are so stupid...

We al know we have to spread the hashrate, in our own interest for not getting a 51% attack or a fork.

Still UTC miners are mining almost for 99% on only one pool Huh Why they don't listen in their own interest ?

First almost all miners where at www.ultracoinpool.info.
Now this pool close down soon for maintenance and everybody has to check out their rigs.

Now the majority (99,9%) seems to stepped over to www.ultracoins.info.
Almost all miners are at this pool

The other pools are still empty:
www.ultracoiners.info  
http://utc.tumblingblock.com/

MINERS PLEASE BE AWARE THAT YOU HAVE TO SPREAD THE HASRATE OVER MORE THAN ONE POOL !!!

DO IT KNOW IN OUR ALL INTEREST AND NOT GETTING A 51% ATTACK !!!


I do not think you understand how a 51% attack works. However, you are correct that 99% of the hashing coming from one pool is a problem. But what motivation do miners have to switch pools when they lose 80% of their revenue by doing so?

Someone else suggested a system that increases fee structure when the hashing rate goes over 50%, that is a great idea. The only thing that will get miners to switch is when a more profitable option opens up, that's just the nature of mining. It's extremely competitive and no one is going to mine at a giant loss because "it's the right thing to do". They are going to mine wherever the profits are highest.

If you want them to switch take away their revenue and they will switch. Calling out a general group of people who probably don't even read this forum isn't going to get you very far. Even if they do read this forum, they don't care about the 51% attack, they care about immediate mining profits.


miningpoolhub uses an incremental fee system that seems to have worked.

Pool's hash share - Fee
0~45% - 1% Fee
46~50% - 2% Fee
51~100% - 2% Fee + 0.5% raise every day.

On a particular coin I have mined they usually peak at 33%.  They used to have over 51% until they implemented the increasing tax system.  If all pools coordinated in like manner, the motivation to relocate would be enough to keep a relatively fair distribution without the 51% problem.



Thanks Bret and Kracko for this good points.

But the pool owners don't do it for free.
To develop, maintain and keep it online cost (a lot) money.
I don't see it that they can/will do that for only 1% or 2% pool fee Huh

Hi RichardMiner,

if I got Kracko right, it is not the 1% or 2% that is important, but the 0.5% raise every day.
1 or 2 is just an "arbitrary" value, the steady raise every day makes the difference! This keeps the pools balanced.

Regards,
Janus
full member
Activity: 181
Merit: 100
One thing I really don't understand why miners are so stupid...

We al know we have to spread the hashrate, in our own interest for not getting a 51% attack or a fork.

Still UTC miners are mining almost for 99% on only one pool Huh Why they don't listen in their own interest ?

First almost all miners where at www.ultracoinpool.info.
Now this pool close down soon for maintenance and everybody has to check out their rigs.

Now the majority (99,9%) seems to stepped over to www.ultracoins.info.
Almost all miners are at this pool

The other pools are still empty:
www.ultracoiners.info  
http://utc.tumblingblock.com/

MINERS PLEASE BE AWARE THAT YOU HAVE TO SPREAD THE HASRATE OVER MORE THAN ONE POOL !!!

DO IT KNOW IN OUR ALL INTEREST AND NOT GETTING A 51% ATTACK !!!


I do not think you understand how a 51% attack works. However, you are correct that 99% of the hashing coming from one pool is a problem. But what motivation do miners have to switch pools when they lose 80% of their revenue by doing so?

Someone else suggested a system that increases fee structure when the hashing rate goes over 50%, that is a great idea. The only thing that will get miners to switch is when a more profitable option opens up, that's just the nature of mining. It's extremely competitive and no one is going to mine at a giant loss because "it's the right thing to do". They are going to mine wherever the profits are highest.

If you want them to switch take away their revenue and they will switch. Calling out a general group of people who probably don't even read this forum isn't going to get you very far. Even if they do read this forum, they don't care about the 51% attack, they care about immediate mining profits.


miningpoolhub uses an incremental fee system that seems to have worked.

Pool's hash share - Fee
0~45% - 1% Fee
46~50% - 2% Fee
51~100% - 2% Fee + 0.5% raise every day.

On a particular coin I have mined they usually peak at 33%.  They used to have over 51% until they implemented the increasing tax system.  If all pools coordinated in like manner, the motivation to relocate would be enough to keep a relatively fair distribution without the 51% problem.



Thanks Bret and Kracko for this good points.

But the pool owners don't do it for free.
To develop, maintain and keep it online cost (a lot) money.
I don't see it that they can/will do that for only 1% or 2% pool fee Huh
full member
Activity: 138
Merit: 100
ok ill move my rigs over..lets see what happens...

http://utc.tumblingblock.com/


I give up....your site is f'ed  first keeps saying tokin expired  then it doesn't send confirmation emails..
Anyone know why in this pool find blocks 14.85 ?






WHERE THE OTHERS   0.15 GO?

hero member
Activity: 494
Merit: 500
ok ill move my rigs over..lets see what happens...

http://utc.tumblingblock.com/


I give up....your site is f'ed  first keeps saying tokin expired  then it doesn't send confirmation emails..
member
Activity: 99
Merit: 10
One thing I really don't understand why miners are so stupid...

We al know we have to spread the hashrate, in our own interest for not getting a 51% attack or a fork.

Still UTC miners are mining almost for 99% on only one pool Huh Why they don't listen in their own interest ?

First almost all miners where at www.ultracoinpool.info.
Now this pool close down soon for maintenance and everybody has to check out their rigs.

Now the majority (99,9%) seems to stepped over to www.ultracoins.info.
Almost all miners are at this pool

The other pools are still empty:
www.ultracoiners.info  
http://utc.tumblingblock.com/

MINERS PLEASE BE AWARE THAT YOU HAVE TO SPREAD THE HASRATE OVER MORE THAN ONE POOL !!!

DO IT KNOW IN OUR ALL INTEREST AND NOT GETTING A 51% ATTACK !!!


I do not think you understand how a 51% attack works. However, you are correct that 99% of the hashing coming from one pool is a problem. But what motivation do miners have to switch pools when they lose 80% of their revenue by doing so?

Someone else suggested a system that increases fee structure when the hashing rate goes over 50%, that is a great idea. The only thing that will get miners to switch is when a more profitable option opens up, that's just the nature of mining. It's extremely competitive and no one is going to mine at a giant loss because "it's the right thing to do". They are going to mine wherever the profits are highest.

If you want them to switch take away their revenue and they will switch. Calling out a general group of people who probably don't even read this forum isn't going to get you very far. Even if they do read this forum, they don't care about the 51% attack, they care about immediate mining profits.
sr. member
Activity: 456
Merit: 250
One thing I really don't understand why miners are so stupid...

We al know we have to spread the hashrate, in our own interest for not getting a 51% attack or a fork.

Still UTC miners are mining almost for 99% on only one pool Huh Why they don't listen in their own interest ?

First almost all miners where at www.ultracoinpool.info.
Now this pool close down soon for maintenance and everybody has to check out their rigs.

Now the majority (99,9%) seems to stepped over to www.ultracoins.info.
Almost all miners are at this pool

The other pools are still empty:
www.ultracoiners.info  
http://utc.tumblingblock.com/

MINERS PLEASE BE AWARE THAT YOU HAVE TO SPREAD THE HASRATE OVER MORE THAN ONE POOL !!!

DO IT KNOW IN OUR ALL INTEREST AND NOT GETTING A 51% ATTACK !!!


miningpoolhub uses an incremental fee system that seems to have worked.

Pool's hash share - Fee
0~45% - 1% Fee
46~50% - 2% Fee
51~100% - 2% Fee + 0.5% raise every day.

On a particular coin I have mined they usually peak at 33%.  They used to have over 51% until they implemented the increasing tax system.  If all pools coordinated in like manner, the motivation to relocate would be enough to keep a relatively fair distribution without the 51% problem.
sr. member
Activity: 275
Merit: 250
sr. member
Activity: 476
Merit: 250
As far as pledges go, we are accepting donations now at the BTC address, the faster we get the majority of the donations the better as we can book the plane tickets, hotels, and secure our table at the event. The sooner we get the tickets booked the cheaper they will be as airlines and hotels offer discounts for bookings made in advanced. The tables also in limited supply, so if you pledged before, donating now would be great! As far as a speaker goes, since Bumface is no longer speaking, we have a few candidates for speaking whom we believe will be great communicators and have enough technical knowledge to give an entertaining and informative speech.
member
Activity: 66
Merit: 10
Welcome to the future !








BOUNTIES



Dear UTC Community Members,

We still have some serious bounties waiting for anybody who can do the job....

- Android Mobile Wallet                     15000 UTC
- iOS Mobile Wallet                           15000 UTC
- Android-Ultracoin Game                    5000 UTC
- iOS Game Ultracoin                           5000 UTC
- Windows Phone Ultracoin Game         5000 UTC
- Twitter Tipper Bot                             5000 UTC
- Google + Youtube Tipper Bot             5000 UTC


Interested ?
Can you do the bounties job ?  Then please contact our management team a.s.a.p. !

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