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Topic: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer - page 578. (Read 1232701 times)

legendary
Activity: 1386
Merit: 1023
The 0.001 sell wall gives us some time to take a breathe and mine the last easy coins until it gets broken. I really worry about the next days, if it will climb up too quick, it may attract too many speculative traders moving the price irracionally and causing the coin to die as an ordinary P&D coin and being hated by its own community.


What is an irrational price move with $800+ btc?

Just wondering. The speculators are coming, some already here. Major factor though is supply is going to stay limited and most importantly distribution is widespread. I dont forsee very many large orders swampin the market as there are not many large holders. Yet.

The sell wall at .001 is intereting because it does appear to be one large holder. Pool maybe? 15btc were offered at .001 or close last night. This morning it was lifted and broke down to 4 and 5 orders between 94 and 100. 5 of that got chomped today but its really just one seller so vapor thin on the sell side and the buy wall building. It will fall soon I suspect so mine faster. Heheh. Poloniex traded to a least 126 on no volume. There is some size going there now, better than last week on liquidity for sure but still pretty thin.


Some was lifted but most of it was placed at just slightly below. People were buying at 0.00099 all night so no need to sell at 0.001. So people bought most of that 15 + a lot more.
And just now I watched the wall fall. There is a really really big demand for this coin. China was buying at 2-5AM PST like crazy also.
They love coins like this. And in reality this coin is unique.

As I said before - This coin may replace LTC. It's better. And it's cooler too.
Imagine have 1000 of these in a year they are worth $100 and you are thinking how cool you were to be there at the beginning.

edit - no one will ever get this coin for 0.001 again.

Congrats! You made a coin that people want to TRADE and USE!
member
Activity: 182
Merit: 10

The 0.001 wall is gone.

Heading to 2 million cap.

Noticed 2.92BTC order traded on poloniex earlier at .00146 for 2,000VTC  

Guess someone really doesnt like trading on coinedup. That is high so far though.
sr. member
Activity: 378
Merit: 250
ok, my total payouts from p2pool for the day are equal to the 24 h estimate (+-5%). faith in humanity restored!
legendary
Activity: 1386
Merit: 1023

The 0.001 wall is gone.

Heading to 2 million cap.
newbie
Activity: 42
Merit: 0
I'm not sure this has anything to do with which P2Pool you're on.

I've tried a few pools (including one with only 5 workers, where I had the highest hashrate), and they all behave the same.
Other than a slightly different latency that is.

Have a look at the Graphs section of your P2Pool site.

The behaviour seems to be the same for everyone with the same hashrate, I'm around 1 MH/s and everyone else with a similar hasrate seems to have frequent long gaps in the payouts.

People with higher hashrates (say around 6 MH/s) seem to have more regular payouts, although with different amounts.

Now I wonder whether the total will add up to the predicted VTC/day? I'll see in 24 hours I guess.

full member
Activity: 182
Merit: 100
Tip for everyone on P2P mining..
On intenisty 20 I was getting 17-28% stales!! and 450kh/s with r9 290
Same settings just intensity 17 and ~3% stales with 429kh/s.

awesome!

I can add to this.

After messing around with tuning today after I started getting permanent artifacts. .I17 on these 290 cards seem to be the safest setting w/o destroying your card in modified cgminer.

I16 drops hashes significantly, and I18 I start getting an unresponsive desktop. This is coupled w/ constant engine usage drops to 0%, engine clock dropping a few hundred Mhz, and my lights literally pulsating. At I17, the pulsating goes away, I have a responsive desktop, I use less power,the core clock stays stable at 20% powertune, core also never goes down to 0% and recovers, I have one reject after about an hour and a half, WU sits at about the same level as I had it on I20, and only lose a few hashes.

Seems to be a no brainer at this point that I'm going to run @ I17. . anything above I17 is killing my cards and I've got a permanent artifact as a result. Sitting at 454 k# OC'd 1075/1470

Is it 290 or 290x? Thos engine clock makes You thoose artefacts! Do You use any diff modificator next to Your wallet addres? what TC are You using with theese locks 1075/1470?
full member
Activity: 140
Merit: 100
Just wanted to say how awesome the Vertcoin installer package is. THIS is how a wallet should be released - with an installer and nodes in the config file. Boom, done, open... starts syncing immediately. Good stuff guys.
sr. member
Activity: 378
Merit: 250
@nmonic - I have also an 9 hour break which is clearly an issue:

i was mining at http://p2pool.etyd.org:9171/static/

i see that recent blocks in that node above have stopped at 28584. I think the node has an issue.  Angry
newbie
Activity: 17
Merit: 0
i tested p2pool for the last 8 hours and it gave me nice and constant payouts.
I received the first payout after ~30 min of mining.

But what i wonder about is that the p2pool page (http://vtcpool.co.uk:9171/static/) only shows around 600 kH/s (stale shares included) and my cgminer says i have around 800 KH/s
Whats up with the difference?

So i've been mining p2p now for the last couple of hours but it is normal that my last payout was almost 2 hours ago? I'm hashing just fine..

Same here...last payout 2014-02-03 05:50:53   but I'm hashing all the time since ~9hours...

I had a 1,5h break of payouts between 6:50 and 8:20 (CET)
Since then payouts are coming constant again every 10 to 20 min.

What about your hashrates? Do you see differences as well between p2pool shown rate and cgminer?

I also have seen several long breaks in p2pool VTC payouts.   During these breaks my miners are showing consistent hashrate, and very low rejects (I am 17ms to the p2pool node) and the P2Pool graphs are still showing accepted shares. I am also seeing p2pool blocks being paid out, but my payout address is not among those being paid during these breaks.  Other miners that are continuously mining on the same P2Pool are being paid for these blocks, and others are not.  Do I need to cite examples?
member
Activity: 112
Merit: 10
Tip for everyone on P2P mining..
On intenisty 20 I was getting 17-28% stales!! and 450kh/s with r9 290
Same settings just intensity 17 and ~3% stales with 429kh/s.

awesome!

I can add to this.

After messing around with tuning today after I started getting permanent artifacts. .I17 on these 290 cards seem to be the safest setting w/o destroying your card in modified cgminer.

I16 drops hashes significantly, and I18 I start getting an unresponsive desktop. This is coupled w/ constant engine usage drops to 0%, engine clock dropping a few hundred Mhz, and my lights literally pulsating. At I17, the pulsating goes away, I have a responsive desktop, I use less power,the core clock stays stable at 20% powertune, core also never goes down to 0% and recovers, I have one reject after about an hour and a half, WU sits at about the same level as I had it on I20, and only lose a few hashes.

Seems to be a no brainer at this point that I'm going to run @ I17. . anything above I17 is killing my cards and I've got a permanent artifact as a result. Sitting at 454 k# OC'd 1075/1470
full member
Activity: 210
Merit: 100

UPDATE FOR POOL OWNERS

I modded the script so it automatically anounces on your pools MOTD that registrations have been closed temporarily, and why.

http://pastebin.com/ZGjD3HXu

Put this in your scripts folder in MPOS as 51_percent_check.php owned by root:root and chmod'd 755 then "sudo crontab -e" and add a line:

* * * * * php /var/www/MPOS/scripts/51_percent_check.php

Now your pool will automatically close and reopen registrations depending on your share of the network hashrate, no more having to keep checking on it!

Also, add a line to /var/www/MPOS/.gitignore like:

/scripts/51_percent_check.php

So that git won't pull down updates over the top of it, with the original version (which doesn't update the MOTD, and only closes reg once you've already 51%'d the network)

Someone better at php (and more patient Wink might want to improve it by building in some hysteresis so it doesn't keep closing/reopening every minute when it's right around 40% Huh If you do, please post it, I'd like to do that but I don't have the time to hack that together right now, but this ought to at least do the job in a quick and dirty way.

member
Activity: 102
Merit: 10
Just seen http://vertcoin.io/ @VertcoinIO on Twitter, billed as the "The best place to trade Vertcoin. Launching soon!" Any more information please?Huh
sr. member
Activity: 350
Merit: 250
Spectiv VR Crowdsale: 12/08/17
most interesting coin i seen in a very long time

n-factor just lowers everyones hashrates?

like if im getting 200kh on scrypt i get say 100kh on n-factor?
member
Activity: 102
Merit: 10
http://www.ibtimes.co.uk/cryptocurrency-news-round-newspaper-paywall-embraces-bitcoin-most-coins-lose-value-1434856
Quote
Over the weekend, most cryptocurrencies feel in value by between three and 16%, but the widely-shared losses are still some way short of the heavy falls predicted in the wake of tighter Chinese regulations on bitcoin use.
Brought into place on 31 January - Chinese New Year - the restrictions were expected to prevent financial institutions and payment processing companies from dealing with bitcoin, forcing the value of cryptocurrencies down.
At the time of publication, bitcoin is down 3.5% at $808 (£493) per coin, according to CoinMarketCap.com, while Tokyo-based Mt Gox exchange is offering the currency at $925.
Litecoin is experiencing a similar dip, down 4.6% to $21.82 per coin, while dogecoin is down some 10.6% to $0.0013.
Bucking the trend is Vertcoin; only the 34th most valuable cryptocurrency by market cap, the currency saw gains of  71.8%, with it more than doubling in value in the last four days to $0.73 per coin.
VTC - I BELIEVE ! MINE AND HOLD !


--- >>> You should put a link to that article in the OP under "Articles" or "In the News" ^^^^

In all reality this coin may be the best coin in the game. It should replace Litecoin.
ASIC proof is pretty powerful stuff. And the coin just feels really good.
Not to mention the best website out there.


Hi Vertcoin

Can we get the latest article from International Business Times added to the original post please? Here's the link http://www.ibtimes.co.uk/cryptocurrency-news-round-newspaper-paywall-embraces-bitcoin-most-coins-lose-value-1434856

Some more (alt) media exposure for Vertcoin at http://blog.kangaderoo.nl/2014/02/out-with-new-in-with-even-newer.html?spref=tw

People just can't stop talking about it!
member
Activity: 182
Merit: 10
The 0.001 sell wall gives us some time to take a breathe and mine the last easy coins until it gets broken. I really worry about the next days, if it will climb up too quick, it may attract too many speculative traders moving the price irracionally and causing the coin to die as an ordinary P&D coin and being hated by its own community.


What is an irrational price move with $800+ btc?

Just wondering. The speculators are coming, some already here. Major factor though is supply is going to stay limited and most importantly distribution is widespread. I dont forsee very many large orders swampin the market as there are not many large holders. Yet.

The sell wall at .001 is intereting because it does appear to be one large holder. Pool maybe? 15btc were offered at .001 or close last night. This morning it was lifted and broke down to 4 and 5 orders between 94 and 100. 5 of that got chomped today but its really just one seller so vapor thin on the sell side and the buy wall building. It will fall soon I suspect so mine faster. Heheh. Poloniex traded to a least 126 on no volume. There is some size going there now, better than last week on liquidity for sure but still pretty thin.
sr. member
Activity: 378
Merit: 250
@boris

thanks for the reply. i am just hyperventilating here Smiley

I understand it takes time (up to 24 hours), I see the payments being clustered (I do not know why), I see most of the pools getting "unlucky" (consistent >110% shares on blocks should not happen).

I am only afraid that my diff settings are not right and I am just wasting watts in a p2pool with nothing to show for it.

@hvezdasmrti

i have a feeling there will not be much dumping with this coin. I admit, i would dump a small portion if prices reach 500 usd / coin. Smiley
sr. member
Activity: 797
Merit: 251
The 0.001 sell wall gives us some time to take a breathe and mine the last easy coins until it gets broken. I really worry about the next days, if it will climb up too quick, it may attract too many speculative traders moving the price irracionally and causing the coin to die as an ordinary P&D coin and being hated by its own community.
newbie
Activity: 31
Merit: 0
Guide for Digital Ocean!

https://bitcointalksearch.org/topic/digital-ocean-solo-mining-guide-for-super-new-coin-vertcoin-cpu-only-409890


Donations accepted: VpUAHXdP2t2y5brhgSJhCK89TSMM3cv2JM

The same guide should be good for Ubuntu or Debian home users...

Is this coin still CPU? Can it be CPU solo mined or now someone needs a pool?

have you read this thread here?
Yes, you can still mine this coin with CPU and of course you can try to mine it solo with CPU only.
But you will need extreme luck at diff 21 and >700MHs network rate to find a block within 1 year.

We're at 22 diff now and my pool is reporting a trajectory to 28. Soon even our largest miners will not be able to solo mine. CPU mining is also looking impracticable, which is good by me since it saves us from botnets.
full member
Activity: 210
Merit: 100
my problem with p2p is that i am not getting paid since 8 hours and no feedback at all on what's happening.

really considering pool mining

Hi mmihai

The trouble is, no-one can give you feedback! The node operators never have your coins (like a traditional pool do), so there's nothing they can check or fix. You get paid directly in the coingen transaction in the block. All I can suggest is, perhaps because p2pool is pplns, and you need to submit a minimum number of eligible shares to get paid in a particular block, that this is the problem.
newbie
Activity: 46
Merit: 0

This update actually dropped the hash on my r9 270s by almost 30 KH/s. :/

Do you use the --shaders option?

If yes, please try it first without. Then you should get the same hashrate as before (this is a check if everything works fine with old cgminer intensity).
Afterwards you can use --shaders again and try to increase intensity (if you are not already at 20).

Let me know how it works.
During my tests with the new intensity my 5770 does not like intensity 13 (only 62kh)
I 12 (76 kh) and I 14 (83 kh) are much better.
The 7950 has the same behaviour as before / slightly better.
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