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Topic: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer - page 620. (Read 1232701 times)

full member
Activity: 210
Merit: 100
IMPORTANT

A whale with 20MH has joined the Kilovolt pool - I have moved away to balance the network.

Please can everyone check the pool list at vertcoin.com and move some hashrate away until Kilovolt is back below 33% of the network hashrate.

For reference, at the time of posting, these pools would be good candidates to move to:

NY.VERTCO.IN - Hashrate: 33.094 Mhash/s - Workers: 77
LA.VERTCOIN.ORG - Hashrate: 35.395 Mhash/s - Workers: 112
EU.VERTCOIN.ORG - Hashrate: 43.376 Mhash/s - Workers: 106
VTC.POOL.PM - Hashrate: 4.635 Mhash/s - Workers: 16

Please do check vertcoin.com though, as the list there is dynamically updated.
member
Activity: 69
Merit: 10
we can start talking about it in the exchanges trollboxes Smiley

so, what can everybody do here to spread the word? we need a plan
legendary
Activity: 1260
Merit: 1000
i'd like to address a possible issue.

looking from this table (results for hd6690 on yacoin)
http://explorer.yacointalk.com/graphs.htm#tech

in november 2015 when vertcoin switches to N=8192 there will be a *huge* drop in hash rate. cpus will continue to mine, while gpu will be useless suddenly.
that will cause confirmation times go to the moon, because hashrate will drop thousands of times suddenly.

ok maybe the new cards like r9 290 will be able to mine until N=16384, but this will only postpone the problem.

GPUs can still mine Yacoin and it's on, I believe, N15 32768 4MB.  It's not a problem, lower thread concurrency.

Like I wrote on the original Vertcoin post:  "For the long, foreseeable future, GPU computing will be the fastest method of computation for Vertcoin"

You may now continue to load the spaceship with the rocket fuel.
sr. member
Activity: 428
Merit: 252
I'm getting this error when trying to cuda on my Mac:

Reason: Incompatible library version: cudaminer requires version 8.0.0 or later, but libcurl.4.dylib provides version 7.0.0
member
Activity: 182
Merit: 10

Breaking 0.0006 now - No-one will sell mr 10BTC any VTC!
Yep, that was me pushing it over 60000. I'm mining and buying. I had fun mining doge, but it's time to get real. This coin is important.

well that was me pushing it over 50 so thanks, and you're welcome. I'm all in VTC as of this morning and lucky timing as my btc would be getting hammered tonight. I see this altcoin kids run amok dragging litecoin down even, basically turning altcoins into a joke. It's fine, virtual world gets like that for awhile but each new clone altcoin dilutes supply of money in the altcoin economy and will drag them all down. Even bitcoin since they get sold to buy coinye crap. People are figuring it out though. VTC is the exception, I am slightly concerned the clones are on the march now that we see how fast the price is rising on the concept. But I believe 99% of the cutpaste altcoin pumpers don't have the technical know-how to reset the algorithm, and maybe the smart ones have better things to do than make knockoffs.

Hope so, I am not a crypto wizard just a market junkie and I see this setup very clearly for whatever reason. VTC will be over .001 by Saturday, maybe Sunday at the latest. Barring a gutting of bitcoin (doubtful but chat is ugly tonight) will be .006 in a month. It's the right coin right time, not thrilled with the name or the logo but the lack of hype behind the price rise is the most revealing thing going on here.... it is going to go vertical for awhile.
sr. member
Activity: 428
Merit: 252
What would be the best rig setup to mine this coin?
hero member
Activity: 525
Merit: 500

Breaking 0.0006 now - No-one will sell mr 10BTC any VTC!
Yep, that was me pushing it over 60000. I'm mining and buying. I had fun mining doge, but it's time to get real. This coin is important.
sr. member
Activity: 362
Merit: 250

Was penciling some numbers and noticed VTC is about 40th in market cap as of today. At a $1 anytime soon it will reach 30th by market cap. At $2 (assuming near term with supply consistent) it will rank 20th. But it has to hit $10 (or hold stable as supply increases) to make the top ten market cap. Only 6 coins currently have a market cap over $10. Excluding 42coin which is just a gimmick anyway.

More importantly DOGE mkt cap is 60 million. I know meme people are incredibly cultish and gullible but VTC should exceed that mkt cap by all reason.

I suspect VTC will join the $10 club faster than any coin has yet.


Also account for coin life in your 'back of the envelope' calculations here. Vertcoin will have a higher supply as the weeks past. Your original point stands that this coin is more valuable than current coins in the top 20.
member
Activity: 182
Merit: 10
We were the 2nd biggest traded currency on CoinedUp today, with nearly 30BTC of volume, more than LTC/BTC, LOT and only second in volume to DOGE!



Here's our 10 day price chart since going on CoinedUp:





Remember to keep asking at https://bitcointalksearch.org/topic/poll-next-cryptocurrency-candidates-for-coinex-291647 if you want to trade VTC at Coinex.pw





Was penciling some numbers and noticed VTC is about 40th in market cap as of today. At a $1 anytime soon it will reach 30th by market cap. At $2 (assuming near term with supply consistent) it will rank 20th. But it has to hit $10 (or hold stable as supply increases) to make the top ten market cap. Only 6 coins currently have a market cap over $10. Excluding 42coin which is just a gimmick anyway.

More importantly DOGE mkt cap is 60 million. I know meme people are incredibly cultish and gullible but VTC should exceed that mkt cap by all reason.

I suspect VTC will join the $10 club faster than any coin has yet.

full member
Activity: 159
Merit: 100
Whoever have not voted  yet, please vote now:


https://cryptsy.freshdesk.com/support/discussions/topics/64057/

 Cheesy

Note that to vote, you click on "like" at the top of page, not just make a comment.


important information
newbie
Activity: 41
Merit: 0
Whoever have not voted  yet, please vote now:


https://cryptsy.freshdesk.com/support/discussions/topics/64057/

 Cheesy

Note that to vote, you click on "like" at the top of page, not just make a comment.
newbie
Activity: 41
Merit: 0
Ok, I'm going to buy two GPU's for my machine, which happens to have a gaming / overclocking motherboard and case (lots of fans).  I run Linux, and unless something has changed, I guess Linus still says eff-you to Nvidia, so I'm not buying Nvidia. 

I suppose I should ask this on the main bitcoin mining board..., but maybe some GPU boards would be better for Vertcoin future N-factors?

Which GPU should I buy?  I will be reading what google coughs up and asking on the appropriate mining board, but maybe someone here can tell me what NOT to buy for Vertcoin mining purposes.

I have an ECS Z77H2-AX, which I bought (after a few years of planning to find out exactly the right setup for running virtualization, but never doing it) because I wanted a board which was known to run Linux well, and I now wonder (after seeing it is not a really popular MB) whether the Linux benchmarking blog I read about it on had been given one in exchange for writing about it and using it to benchmark GPU's.  I bought the power supply and case which NewEgg said was often used with that motherboard.  Also I later discovered that you have to check both the CPU and the chipset for compatibility with virtualization.  Intel does not claim that the Z77 chipset has I/O virtualization, although Linux finds an IOMMU, so perhaps it "just" doesn't pass quality control...

CPU i7-3770 3.40 GHz 8MB Cache LGA1155, 77W.
PSU Rosewill RBR1000-M 1000W RT
    25W is -12V and +5Vstandby
    combined 975W:
        +12V 900W(75A) +12V, four separately regulated supplies, 2x20A, 2x30A.
        +3.3V(28A) +5V(30A), combined 180W
RAM 4 x 8GiB
three PCIe x16, compatible with PCIe 3.0, slots 1 and 2 can be used for GPU's at x16.
full member
Activity: 210
Merit: 100
We were the 2nd biggest traded currency on CoinedUp today, with nearly 30BTC of volume, more than LTC/BTC, LOT and only second in volume to DOGE!



Here's our 10 day price chart since going on CoinedUp:





Remember to keep asking at https://bitcointalksearch.org/topic/poll-next-cryptocurrency-candidates-for-coinex-291647 if you want to trade VTC at Coinex.pw


sr. member
Activity: 428
Merit: 252
I just bought a ton load.  If this works out, Vertcoin will be the fulfillment of Satoshi's goal of true decentralization.
full member
Activity: 159
Merit: 100
???Another thing I don't quit understand is if difficult can fluctuate why N can not fluctuate, but only keep grow? Is it had to build a model to test it?

Because then your miner would have to know what N is.  Not impossible, but certainly a pain in the ass to change the mining algorithm all the time.

Thank you.  Grin It's more painful to the asic users. For GPU miners, a script or a program can solve this troublesome;D
full member
Activity: 159
Merit: 100
full member
Activity: 210
Merit: 100

Breaking 0.0006 now - No-one will sell mr 10BTC any VTC!
sr. member
Activity: 504
Merit: 251
I really hope people with high hashrate willing to drop their hashrate till the diff adjusted .... so it won't go too high for small miners like me Tongue

I don't have a massive hashrate, but unless the price jumps from where it's at now, i would probably stop mining for a while... it won't be as profitable as other coins for me if the diff ends up at 10-12 and the price stays where it is now on CoinedUP. But i would jump back in at a diff lowering or price jump to make it at least comparable to other coins.



I made same mistake when diff jumped from 2 to 5 Cheesy
now I regret it.. I would have had more coins minted on diff 5..

Well, I don't agree with this. You have to look at profitablity.

Hypothetically, let's say doing a multipool thing I can net .1 BTC a day on average. This would be mining the DOGE's of the world. Ok.

So, if there's a coin I think has promise, i'll throw a % of my mining on it for speculation.

With VTC, it has been the best of both worlds so far. The profitability has exceeded what I could have made mining elsewhere. So I mine some, sell a portion, rinse and repeat as long as it holds where it is. It's been far more profitable to mine this coin for the most part than any other coin (with the exception of power-mining MOON when the diff dropped way down the past few days).

If, when the diff changes and the price stays where it's at now (i'm not saying it will), it will dramatically reduce the profitability for mining. When it switched from 2ish to 5ish, my coins a day dropped by about 60ish%. I imagine it will do the same on the upcoming diff change.

Let's say the price sticks where it is now. If my coin count drops another 60% it would drop the profitability from something like 80% more profitable to 30-40% less profitable than mining any other coin. (these are all off the top of my head calculations!)

So it would be foolish for me to stick with mining this if the price hovers here, it would be more effective to move on to other coins and if i really believe in the future of VTC, use the money I make mining other coins to buy the same amount I would mine in a single day and still have like 30% profit.

Just saying if you aren't paying attention to profitabilty it might be a mistake.



I totally know what are you talking about, that is why I also stopped minting for a while when diff changed from 2 to 5, but point is,
that maybe few minutes or hours, just after diff up it was more profitable to mine doge for example, then sell it to btc, then buy vtc and you are better of than direct mining.. sure.. but another thing is, that if you can not sit behind your computer all day and every 10 minutes check price, then you can end up with less Smiley
What happened was, that price quite quickly matched increased diffictulty and if you dont sell all your alts you have benn mining instead of vert and dont buy vert for thet, then you can end up with alts and not vert and looking on already high price of vert and amount you can buy now for your alts wont be that much as if you were mining it since increased diffictulty..

anyway, diff now increased only to 8, which I think is great Smiley big hashers turned it off for a while and party goes on on lower diff with nice price.. wow..
full member
Activity: 308
Merit: 100
???Another thing I don't quit understand is if difficult can fluctuate why N can not fluctuate, but only keep grow? Is it had to build a model to test it?

Because then your miner would have to know what N is.  Not impossible, but certainly a pain in the ass to change the mining algorithm all the time.
sr. member
Activity: 378
Merit: 250
I really hope people with high hashrate willing to drop their hashrate till the diff adjusted .... so it won't go too high for small miners like me Tongue

I don't have a massive hashrate, but unless the price jumps from where it's at now, i would probably stop mining for a while... it won't be as profitable as other coins for me if the diff ends up at 10-12 and the price stays where it is now on CoinedUP. But i would jump back in at a diff lowering or price jump to make it at least comparable to other coins.



I made same mistake when diff jumped from 2 to 5 Cheesy
now I regret it.. I would have had more coins minted on diff 5..

Well, I don't agree with this. You have to look at profitablity.

Hypothetically, let's say doing a multipool thing I can net .1 BTC a day on average. This would be mining the DOGE's of the world. Ok.

So, if there's a coin I think has promise, i'll throw a % of my mining on it for speculation.

With VTC, it has been the best of both worlds so far. The profitability has exceeded what I could have made mining elsewhere. So I mine some, sell a portion, rinse and repeat as long as it holds where it is. It's been far more profitable to mine this coin for the most part than any other coin (with the exception of power-mining MOON when the diff dropped way down the past few days).

If, when the diff changes and the price stays where it's at now (i'm not saying it will), it will dramatically reduce the profitability for mining. When it switched from 2ish to 5ish, my coins a day dropped by about 60ish%. I imagine it will do the same on the upcoming diff change.

Let's say the price sticks where it is now. If my coin count drops another 60% it would drop the profitability from something like 80% more profitable to 30-40% less profitable than mining any other coin. (these are all off the top of my head calculations!)

So it would be foolish for me to stick with mining this if the price hovers here, it would be more effective to move on to other coins and if i really believe in the future of VTC, use the money I make mining other coins to buy the same amount I would mine in a single day and still have like 30% profit.

Just saying if you aren't paying attention to profitabilty it might be a mistake.

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