i'd like to say thanks to the dev team for all the hard work. Be glad the dev team is a mature team that gets along. Did anyone see the Pandacoin crap? I know none of that foolishness will happen with bumface and ziggy. I have been buying/mining this coin from the beginning and have confidence they will always do the best they can. Thanks guys!

Thanks..been trying to figure out how to say the same things for awhile now but the noise from the trolls has been to much.


To all the belly achin sonsabitches..STFU and GTFO if you dont like what you see. Maybe you should take the fiat your investing in crypto and get a therapist instead if you need you hand held 24/7. I hear they do that sort of thing.

Join Mintpal and vote for UTC 6 times an hour, if you don't want to join you can still vote 3 times an hour:

https://www.mintpal.com/voting

Is there a subreddit for ultracoin?

never mind, I found it - it's official_utc. I think there should be one called ultracoin that's managed by the community. This is typically how other coins handle reddit. I'd appreciate everyone's thoughts on this.

Some of the things that I think bumface/ziggy needs to do from my point of view:

1. Explain more about the N-factor. MANY people does not know about this.

We need to know the dates of when the N-factor changes for UTC and what that implies.
It's a BIG part of UTC so I don't understand how this is not explained on the OP from day 1.
bumface, you told me you'll speak to ziggy about this 3 days ago? What happened?

2. High overview of the upcoming plans ETA updates in OP. (Create a DEV UPDATE section on the OP)

You can't just keep complaining to us that you spend 10 hours per day on UTC but tell us so little of what you do.
We are not saying you do nothing. Maybe you do a lot as you say.But we can't tell as maybe it's too dispersed. (chats, twitter etc)
As I said before, just communicate less but in a more professional and efficient way maybe. It'll make your life easier.
Formal updates in the OP and saying when your next update might be would be a good start. (it doesn't have to be daily!)

For both points, just look at Vertcoin's OP as an example. (might not be BEST example but it's there at least)
https://bt.irlbtc.com/view/404364.0

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He made a nice coin. I guess many of us are frustrated at not knowing what he will do with all the money he got from the IPO.
1.6 million x 0.00005 BTC = 80 BTC. We know he bought a 25MH/s Alpha Scrypt ASIC and paid some guy for the web site etc.
We know they are keeping some of the BTC to "recoup" their costs in addition to the extra 100000 UTC they got each from premine.

Stakeholders basically paid them to do a good job of improving this coin for the longer term even before coin's launch.
Now it would actually be nice to know where some of our money went to or are going to. Is that so much to ask?
We don't need to know the exact figures. Just "some BTC went to exchange A, more BTC went to exchange B, some to pump UTC" etc.

All this info should be in the OP.

NOT somewhere in page 234 of this thread like all of his other so called updates (letting off steam).
Also, even some non-direct updates (mobile wallet being created by a community member etc) should be posted IMO.

BTW, bumface, I still think you are genuine and are doing good to improve Ultracoin.
Just do yourself a favor by spending some of that 10 hours to the OP of this thread.

+1

That's awesome. Thanks.

This should be added to the OP maybe along with that blog's link for information or in Ziggy's own words.

Here is a great explanation of N-Factor. My understanding is that we are currently at N-Factor 11.

http://www.holynerdvana.com/2014/02/everything-you-wanted-to-know-about.html

At this point in time, the famous 1.6 million UTC make up a third of the existing market cap and is getting smaller all the time.  I don't know about you, but where I come from it is actually rude to ask about someone else's private money matters.  Anyone who really thinks that they have a "right" to know what someone else does with their money, needs to give their head a really good shake.

good work thanks,
I was starting to think about swapping coins,
as my wattage vs coins generated are no longer paying off
how ever I no longer have accurate way of knowing what power my current consumption is as its very hot weather and most GPU's idling under 500 mhz @ 70+ deg )

71.0 c 100% 260 Kh/s 103263 2266    2.15% 290 Series 85% 654.47 Mhz
70.0 c 100% 200 Kh/s 80850 1626   1.97% 290 Series 85% 516.15 Mhz
test rig on watt meter 460 kh/s 310 watts ( excluding PC power GPU's only )
full load is around 800 watts total , I need about 2 coins per kw watt to break even

 
78.0 c 100% 310 Kh/s 121402 5097    4.03% 290 Series 85% 840 Mhz
76.0 c 100% 270 Kh/s 105589 4792 4.34% 290 Series 85% 866.15 Mhz
sample of average GPU's running under 80 deg air temp 44 deg
assuming around 290 watts +-10 watts per GPU at those speeds

coins are really dropping off, I am hoping more big miners drop  out on nxt NFactore change due to HW errors ( more coin for me ) 

Just an update on the website redesign. Should be ready this weekend. Just have to place the remaining content and tidy up some CSS oddities. I'll keep you all posted!