Sent 100 VTC.
Transaction ID: 18f30db912bce52c49cf13bf805bc060db5fc2544647f67df9040f0178d7e607
Topic: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer - page 596. (Read 1232701 times)
January 31, 2014, 05:56:21 PM
January 31, 2014, 05:48:02 PM
@boris or @vertcoin
please fix the typo on vertcoin.org
"with its innovative approach".
please fix the typo on vertcoin.org
"with its innovative approach".
January 31, 2014, 05:41:04 PM
To all, contributions to the marketing side please use this address for VTC
Vhyvm4TVwUjyBkBqNRqiBqDuqaFCsDM5wx
Sent 50: abca0d64341ec17c0bfa5f6fbeb25ec4c726d54681f257b43b07e1a9cc9122e1
Let's pump this coin up!
January 31, 2014, 05:32:11 PM
Thanks Bajawah, but thats not what im talking about. I know the hash rate was half of what it should be for other scrypt coins, but what i don't know is that after implementing KGW, if there was another drop in hash rate.
If you have been following the thread, a few things have changed recently with the coin.
@rfcdejong Thanks, i guess i changed something and messed up my hash rate, I changed too many things within the last day and i don't know what to change back to get my speed back.
If you have been following the thread, a few things have changed recently with the coin.
@rfcdejong Thanks, i guess i changed something and messed up my hash rate, I changed too many things within the last day and i don't know what to change back to get my speed back.
What has changed? I missed it.
If you take a look on the first post, the difficulty of each block is now calculated for each block and not after X number of days, and the N factor schedule has changed (2 of the major things).
January 31, 2014, 05:21:06 PM
Just a quick question, did everyone's hashrate drop due to the new difficulty adjustment scheme? or is it just me?
The diff adjustment should have no effect on your hash rate. If it impacted the global hash rate, that'd be from miners who didn't upgrade their wallets being forked off into an invalid blockchain.
January 31, 2014, 05:19:30 PM
Thanks Bajawah, but thats not what im talking about. I know the hash rate was half of what it should be for other scrypt coins, but what i don't know is that after implementing KGW, if there was another drop in hash rate.
If you have been following the thread, a few things have changed recently with the coin.
@rfcdejong Thanks, i guess i changed something and messed up my hash rate, I changed too many things within the last day and i don't know what to change back to get my speed back.
If you have been following the thread, a few things have changed recently with the coin.
@rfcdejong Thanks, i guess i changed something and messed up my hash rate, I changed too many things within the last day and i don't know what to change back to get my speed back.
What has changed? I missed it.
January 31, 2014, 05:16:33 PM
Thanks Bajawah, but thats not what im talking about. I know the hash rate was half of what it should be for other scrypt coins, but what i don't know is that after implementing KGW, if there was another drop in hash rate.
If you have been following the thread, a few things have changed recently with the coin.
@rfcdejong Thanks, i guess i changed something and messed up my hash rate, I changed too many things within the last day and i don't know what to change back to get my speed back.
If you have been following the thread, a few things have changed recently with the coin.
@rfcdejong Thanks, i guess i changed something and messed up my hash rate, I changed too many things within the last day and i don't know what to change back to get my speed back.
January 31, 2014, 05:07:06 PM
Just a quick question, did everyone's hashrate drop due to the new difficulty adjustment scheme? or is it just me?
my vertminer shows the exact same hashspeed, but the p2pool hashrate is 10% less.. perhaps because of the stales i get now, which i didn't get earlier
January 31, 2014, 05:04:43 PM
Article: http://www.followthecoin.com/interview-creator-vertcoin/[1]
Intervier Question:
In theory, the hash rate should drop to half what you get from mining other Scrypt coin due to the N number, and will drop with this rate following the scheduled time. In the long run, CPU miners will gain an advantage from the memory requirement, but GPUs will still be able to mine at a dramatically decreased rate due to memory requirements, which GPUs have less than CPUs.
Creator Answer:
This situation will happen in the future. Only one case that GPUs will get higher hash rate than CPU in this future scenario is if AMD or Nvidia are able to create GPUs that have local memory per thread equal or more than the requirement in the schedule time.
So, if I am reading this right , Vertcoin will not be picked up by people who have GPU farms. Personally, I just ordered a big rig and now I am scratching my head as to what the hell is going to happen. Back to doge I guess for that rig...
I will need to try CPU mining once I get home, but this is very concerning. I was shocked my 1.5MH/s rig was getting 600-700kH/s, but I was ok with that. Yet, apparently that is going to increasingly go down.
So a realistic question will the value of Vertcoin out pace the difference in value that could be gained from mining a different coin at your higher hash rate.
Example: I can mine X 'pretend-coin" a day making ?.???BTC a day with my 1.5 MH/s. Or I can mine X Vertcoin a day making ?.???BTC a day with my < 600 kH/s (and decreasing).
If that makes sense...
Intervier Question:
In theory, the hash rate should drop to half what you get from mining other Scrypt coin due to the N number, and will drop with this rate following the scheduled time. In the long run, CPU miners will gain an advantage from the memory requirement, but GPUs will still be able to mine at a dramatically decreased rate due to memory requirements, which GPUs have less than CPUs.
Creator Answer:
This situation will happen in the future. Only one case that GPUs will get higher hash rate than CPU in this future scenario is if AMD or Nvidia are able to create GPUs that have local memory per thread equal or more than the requirement in the schedule time.
So, if I am reading this right , Vertcoin will not be picked up by people who have GPU farms. Personally, I just ordered a big rig and now I am scratching my head as to what the hell is going to happen. Back to doge I guess for that rig...
I will need to try CPU mining once I get home, but this is very concerning. I was shocked my 1.5MH/s rig was getting 600-700kH/s, but I was ok with that. Yet, apparently that is going to increasingly go down.
So a realistic question will the value of Vertcoin out pace the difference in value that could be gained from mining a different coin at your higher hash rate.
Example: I can mine X 'pretend-coin" a day making ?.???BTC a day with my 1.5 MH/s. Or I can mine X Vertcoin a day making ?.???BTC a day with my < 600 kH/s (and decreasing).
If that makes sense...
January 31, 2014, 04:59:38 PM
Just a quick question, did everyone's hashrate drop due to the new difficulty adjustment scheme? or is it just me?
January 31, 2014, 04:21:57 PM
To all, contributions to the marketing side please use this address for VTC
Vhyvm4TVwUjyBkBqNRqiBqDuqaFCsDM5wx
I sent 50 VTC.
Got your 50, thanks!
Let's do this.
And 50 from me.
January 31, 2014, 03:19:18 PM
To all, contributions to the marketing side please use this address for VTC
Vhyvm4TVwUjyBkBqNRqiBqDuqaFCsDM5wx
I sent 50 VTC.
Got your 50, thanks!
Let's do this.
Just sent 50.
January 31, 2014, 03:05:34 PM
To all, contributions to the marketing side please use this address for VTC
Vhyvm4TVwUjyBkBqNRqiBqDuqaFCsDM5wx
I sent 50 VTC.
Got your 50, thanks!
Let's do this.
January 31, 2014, 02:50:34 PM
Hey not to change the subject (I would totally hook my laptop up to a pool but everyone tells me I will burn it up. Also I don't know how so it's fine I will just buy them) but really see the importance of promotion/exposure with coins in general. VTC has a lot of advantages where most of what is out there is relying on hype or marketing. I know multiple translations are in progress, and also the fork is ~this weekend and exchange announcements etc.
So have you guys thought of using PR Newswire?
http://www.prnewswire.com/
I don't know how much effect it would have outside the existing community but it is fairly inexpensive. $200-250 a year and I think a small fee per press release. I have used them in the past to promote businesses in the mainstream financial industry and their reach is impressive.
If Vertcoin wants to open an account, I would be able to put out fairly frequent press releases, same as any company does announcing new products or developments with the market (new exchange listings etc).
This is in my experience the best way to get information out to where it can be picked up beyond the existing community without full time PR people. If the idea is to get to bitcoin/litecoin scale it may be advantageous to position outside altcoin forumland fairly early on.
just putting it out there and if there's any interest I'll draft up some releases.
jballs thanks for the offer to draft some releases - I think that is an excellent idea.
I agree with you entirely. I also perhaps have some understanding of the flip side of this equation - technical people tend to be a bit blinkered to the realities of the wider world, they tend to think if they build good things, people will understand they are good and want them. The real world doesn't work like that - you have to shout as loudly as you can to anyone who will listen _why_ these things are better, there just aren't enough hours in the day for people to find your superior widget/cryptocurrency unless you help them notice it.
The problem with paying anything out of the developers pocket is, he didn't premine this at all, and I don't actually think he holds a great deal of it. I have put up a lot of VTC in the first week or so when it was still permitted to do giveaways and the like here to help get it noticed - I'm not saying I won't be putting up some more, but I've had to reduce the size and frequency of my bountying things otherwise I too won't have much VTC!
I think this is a good idea though. If we're thinking the cost will be about $250/year that is about 600VTC at current prices. I will put up 30VTC towards that bounty if other people here will match enough to cover the total cost. I don't know who will escrow/convert to USD to do that. I don't want to be preumptuous and assume you are volunteering your own time to do that, but if you are, I would be very grateful and I'm sure others here would too - you seem to have a sound business mind and seem like you know how to get things done. I'm trying to spend a bit of time each day banging the drum for Vertcoin in the forum and behind the scenes to get more attention to it, but what with the technical side of what I'm doing for the project, my time for that is somewhat limited. Someone else doing a bit of PR would be great.
Quote
I agree with you entirely. I also perhaps have some understanding of the flip side of this equation - technical people tend to be a bit blinkered to the realities of the wider world, they tend to think if they build good things, people will understand they are good and want them. The real world doesn't work like that - you have to shout as loudly as you can to anyone who will listen _why_ these things are better, there just aren't enough hours in the day for people to find your superior widget/cryptocurrency unless you help them notice it.
This is very true, and to emphasize the point- we have a supply and demand issue here. Miners understand the advantages much more clearly than non-miners, but miners are net sellers of coins. Obviously the tech side is the most important aspect, but you need buyers for the price to rise. I know a lot about speculating and speculators so this is where and who I will be marketing to. Miners will figure it out (and hopefully invest, mine, and hold). My expectation, if enough speculative interest comes in to push the price to around .001 VTC will have market cap near the top 20. This in itself should be self sustaining it getting critical mass, as it will then have outperformed most of the coins that have been around for much longer. At 500k market cap and 10-30BTC volume a day it will not take much outside interest to move the price. But if you have more miners/pools coming in than you do specs, it will be an uphill battle to absorb supply.
To all, contributions to the marketing side please use this address for VTC
Vhyvm4TVwUjyBkBqNRqiBqDuqaFCsDM5wx
I haven't totaled current pledges but believe we are around 400, let everyone know we are doing this and let's see if we can launch today.
January 31, 2014, 02:22:05 PM
And is there any way how to monitor real network HR?
No because the only person who knows a miner's real hash rate is the miner. The pools estimate it based on the shares the miner submits. The network estimates it based on the # and speed blocks are being found.
January 31, 2014, 02:05:10 PM
Introducing..
Here is another connected node on the P2Pool network
Currently supporting:
Visit : http://e-pool.net for info!
Thanks!
Here is another connected node on the P2Pool network
Currently supporting:
Code:
Vertcoin vtc.e-pool.net:8940 vertminer --scrypt -o stratum+tcp://vtc.e-pool.net:8940 -u YourWalletAddress -p password
Visit : http://e-pool.net for info!
Thanks!
January 31, 2014, 01:38:25 PM
Is it possible, that "network hashrate" published by http://vertcoin.com/ is counting only pools network hashrate?
As it fell only to about 200 but diff is around 12...
So probably like 25% miners went to p2pools? And their HR is not counted on vertcoin.com ? is it correct?
As it fell only to about 200 but diff is around 12...
So probably like 25% miners went to p2pools? And their HR is not counted on vertcoin.com ? is it correct?
I think it just reports the networkhashrate RPC command from the client (or whatever it is exactly called). You can get the same estimate from your local wallet.
and is there any way how to monitor real network HR?
January 31, 2014, 01:37:18 PM
Is it possible, that "network hashrate" published by http://vertcoin.com/ is counting only pools network hashrate?
As it fell only to about 200 but diff is around 12...
So probably like 25% miners went to p2pools? And their HR is not counted on vertcoin.com ? is it correct?
As it fell only to about 200 but diff is around 12...
So probably like 25% miners went to p2pools? And their HR is not counted on vertcoin.com ? is it correct?
I think it just reports the networkhashrate RPC command from the client (or whatever it is exactly called). You can get the same estimate from your local wallet.
January 31, 2014, 01:33:49 PM
Is it possible, that "network hashrate" published by http://vertcoin.com/ is counting only pools network hashrate?
As it fell only to about 200 but diff is around 12...
So probably like 25% miners went to p2pools? And their HR is not counted on vertcoin.com ? is it correct?
As it fell only to about 200 but diff is around 12...
So probably like 25% miners went to p2pools? And their HR is not counted on vertcoin.com ? is it correct?
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