Just a quick update guys regarding multipool. We had to do a quick change on one of the coins due to unforseen events and devs walking out on a coin. We have completed though our closed beta and I am pleased to say things have performed better than expected...scrypts are running and selling the mined coins as fast as possible to get the best profitability.. The payment process is very simple and no coins are on any server / wallet for more than 15 seconds. The longest any coin is anywhere is on a exchange waiting to buyup utc. Once utc is bought it is auto called back to the pool and distributed to the miners automatically.
We are now looking for a open beta for you guys to gather feedback etc. If any miner who would like to help please pm me with your prefeered algo and power that would be awesome...Just as a reminder we have x11 scrypt and sha256. We also have dedicated difficulty ports for people wishing to mine a coin of their choosing and still get paid in utc. We are also working on adding a seperate block explorer to the pool site in a feed for those who are interested. This weekend I travelled a few hundred miles round trip for talks with my partner and to knuckle heads properly, we allready own a few domains and two specifically for the pool and the second for a webshop. The webshop to start is to be aimed at UK miners. We have been talking to our coder and we will be looking at integrating the multipool with the shop to mine directly there, in the view to activly use utc as a real world currency. Now this is simply in the pipeline and a idea we have, but wanted to get your guys views on this as we are lolooking to activly get involved with the community we dont want to be sat twiddling our thumbs once the multipool is setup. The multipool is tottally managed and is fully automated so requires once setup litte input from us. But that doesnt mean it will be put on a backburner it simply means we pay good money every month to our devs for looking after it :-) so views on shop intergrated with mining please :-)
Thanks craig.
Could you elaborate more on the webshop idea and what you mean by mining at the webshop? Are you talking an online account where a miners payout would be held and able to be spent directly in the shop? It all sounds good, in fact having wallets interact directly with a marketplace I think will be a big hit once adoption. I think Cloakcoin is working on something like this. Utc has great potential for this purpose and it would be interesting to also see the UTC devs consider some form of marketplace linked directly within the wallet gui. A big job but it would create a UTC store similar to apple or Microsoft where only UTC accepted. I think this is a better approach for long term marketing then just getting payment processors to accept the coin. Lots of coins are accepted by payment processors so that in itself does not create a specific market for Ultracoin.
On a side note UTC needs respectable developers for MPI (MineCraft Plug In)...Know anyone?