Topic: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer - page 593. (Read 1232701 times)

30% would be awesome, 51% would be godlike (to prevent attacks, but we need a lot more hashrate total in the network to be safe(r) anyway, right now).

Edit: Think I misunderstood your question, I'm not sure what optimal hashrate would be.

This is good, what would be the best percentage to stabilise at? 30%, more/less?

Market update... Over 5,000 VTC bid in the 50's on coinedup, buy wall at 21BTC.

Solid.

P2pool is really starting to kick into gear now, I believe we have one of the highest percentages of any cryptocurrency network that are mining in p2pool*. This is amazing, guys. Keep it up!

So WTF is P2pool you might ask? Well, in short; it is a peer-to-peer distributed pool, that shares the payout of all blocks that are found in it fairly (based on submitted valid shares, PPLNS). It uses the coinbase transaction to pay the miners for shares (this means you will get coins sent directly to your wallet when the block is found, yay!). Due to the payouts being in the coinbase transaction; p2pool nodes never have any coins in their wallet (if they're configured correctly), and as such miners losing all coins due to a node getting hacked is a non-issue. P2Pool is also DDoS resistant due to its distributed nature.

Come join the fight on centralization! Pick a node with low latency at http://scanner.etyd.org or make your own node and start mining now!

Please, if you have a few minutes, read this great guide:
A guide for mining efficiently on P2Pool, includes FUD repellent and FAQ

There is also an FAQ maintained by BorisTheSpider here: https://vtcpool.co.uk/p2pool-guide.html


* Percentage of total hashrate mining on p2pool (just picked a few at random)
Vertcoin 16.2% (63 MHash of 394 MHash)
Dogecoin 1.4% (1.44 Ghash of 100 GHash)
Bitcoin 0.66% (140 THash of 21157 THash, 75% of this total rate being in four pools!)
Litecoin 0.22% (1.17 GHash of 79.2 Ghash)
Digitalcoin 0.2% (2 Mhash of ~1Ghash)

That's very impressive. I also agree with jballs, the price action, and in particular the market depth really suggest we've seen all the consolidation around 0.0005 we're going to, and that we're set for a move up to a "new normal".

I've been working on some gitian builder stuff, some of you might be interested to check out https://github.com/vertcoin/gitian.sigs.vtc/blob/master/README.md - unfortunately, I seem to have lost the commit I build v0.8.6.2-20140126 (the new KGW wallet) from, so if you want to verify the binaries on the vertcoin.org site please do it against the ones that are there _now_ not ones you previously downloaded - we'll make sure tags in the repo are kept consistent in future so all future builds are verifiable in this way. I'll also reorganise the website in the next couple of days to archive the old builds in some organized way so it's possible to go back and download older ones to validate etc.

The rebuild is called v0.8.6.2-20140201, there are no actual changes, so you don't need to update if you don't want to verify the builds. OTOH, I did notice that I forgot to build UPNP into 20140126 so if you wouldn't mind taking a minute to do it, updating to the latest download from vertcoin.org will help the network by making your wallet accept connections to help new users to sync their wallets. http://vertcoin.org/downloads/Vertcoin-setup.exe if you want the installer, http://vertcoin.org/downloads/Vertcoin-Qt-Win.zip if you prefer just the plain files.

Hi Coinsprofit.

There was a hardfork a couple of days ago. Unless you have updated your wallet, you will not be able to hit blocks.

Please pull the source from https://github.com/vertcoin/vertcoin and rebuild from the current version.

I fully agree. Not that it shows (hehheh) but I did not know this forum existed two months ago and had heard random murmering of bitcoin somewhere in the background noise. Have encountered the whole sordid rainbow of humanity on here since, this project is pretty dialed and glad I found it.

Equally glad the buy wall on coinedup has grown about 400% since yesterday, currently at 19 BTC with a really nice rising pennant on the chart. I daresay we see the first 70 print tonight or tomorrow.

PR progressing, I have logistics covered and I haven't done the math yet but I think the boost today in VTC covers the overhead for the first campaign with what I've got so, I will go ahead and set it up tonight. Thanks to all for kicking in.

Last thought for now, happy mining/developing/trading/taking-back-the-world...

thx

I believe this coin will have a great future, because of the solid community behind it.  Comparing this to many of the other pump and dump coins: reading those threads with lots of negativity, scam accusations, and just general clowning.. makes me feel like this coin has a greater chance of longevity.

Having watched this community grow from launch, it really does feel like a community driven project, launch day there was very little in terms of documentation, tools and support, but since then much has been added by volunteers.

The strength of any currency is in the faith and belief of a group of people; and it seems to me that beyond the technological advantages of vertcoin, the community of vertcoin is strong in this regard.

We could always use leaders to step up and create initiatives (even if just through word of mouth promotions) to help this coin succeed.  

would like to try 64bit version too.

Oh, I read your initial comment as 'cgminer'. My comment was in relation to 32-bit cgminer with GPU mining on a 64-bit system.

Great volume,  #1 percentage gain on the day as well. Moved to 42 in market cap. No real competition to speak of looking at the field.





Not bad for a saturday.

git says:

x86:   The miner checks for SSE2 instructions support at runtime,
      and uses them if they are available.
x86-64:   The miner can take advantage of AVX, AVX2 and XOP instructions,
      but only if both the CPU and the operating system support them.

my understanding is that x86-64 would be faster.

Short Test:
CPU: i7 3770, stock, 7 threads.

Litecoin scrypt

cpuminer, 32 bit: 5 khash / second / thread.
cpuminer, 64 bit: 7 khash / second / thread

2048 scrypt, Vertcoin

cpuminer vertcoin, 32 bit: 2.5 khash / second / thread, as expected (half the usual hashrate).
cpuminer 64 bit: not available, 3.5 khash / second / thread would be expected, a 40% increase vs 32 bit executable.

thanks.

Using the 32-bit cgminer on a 64-bit system doesn't make hashrate worse.

x2

Trading volume for Vertcoin overtook dogecoin today

what about a dedicated BAMT for vertcoin?
i know it's not very useful but... we could say "we have it!"

next week i'm back home i could compile that with vertminer

is there a precompiled 64 bit windows executable for cpuminer? Aleks binary in the OP is 32 bit.

thanks.

+1

50+ minimum offered at both exchanges now. If you want to make a few bucks there have been some good arbitrage plays between poloniex and coinedup today. I dabbled last week, mostly to clear out lowballers. Small orders but you can lock in a little profit, nothing wrong with that.

Added bonus, coinmarketcap was showing vtc +26% a few hours ago, midrange coins red for the day. We see 30-40% higher close and that should turn more heads this way as well.

yup.. some big buyer just bought 15 000 VTC

I really like that everyone see value in VTC, yet it is not any ultra hyped coin.. just nice steady growth rooted with brain owning people