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Showing 9 of 9 results by Freaky_Angelus
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Board Announcements (Altcoins)
Re: [ANN] Uranium-X (URX) Super Rare Crypto!! Cpu Mining!!!
by
Freaky_Angelus
on 29/06/2019, 19:20:02 UTC
What is your main purpose of continuing this project? Since the original dev left, what is it in here for you? The features of this coin can already be found in several altcoins already. So the longevity of this coin is still uncertain. If you can't get much support from the community, this will be dead in no time again.
You're answering your own question there...

The support is the community, the community is keeping this alive, the community stepped in to keep the intended purposes and promises alive (CPU favoured, longevity and stable/slow emission). The entire fork on algo was made because the founder wasn't around, for whatever (private) reason that don't concern us, and GPU mining became a threat and until he rejoins the community is keeping it alive in his intended vision. It's cheap to do, but that entire concept works really well for that very big known one Wink

For that matter, there is no reason to do anything with already mined coins nor trying to take things away just because they're not here. The intend was to create a long term community supported chain with CPU favoured (if not solely) emission for a more equal and fair minable coin for all to be able to join in. It's not supposed to be easy to mine and so far the total 57k coins over the past year plus is only a fraction. There is still plenty of time till the next halving, so the 'rich list' of people mining this for the past year is small. For that matter, it's a lot easier to buy up on the exchange and take a quick gamble with that...

Most of the other projects with similar technology don't persist nor pay from their own pockets to keep things going, so from that perspective the pot-commitment is high and ensures at least the 'whales' will keep it active as no gain can be had until the buy support is larger than the supply side.
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Board Announcements (Altcoins)
Re: [ANN] Uranium-X (URX) Super Rare Crypto!! Cpu Mining! Uranium-x.com
by
Freaky_Angelus
on 13/03/2019, 12:58:20 UTC
someone had cold feet yesterday and dumped 1436 urx but that can be seen as a good thing becouse
the coins are now in many pockets not in just one and the buyers got lucky and bought cheap urx

They gotta dump smaller man... this speed I can't keep putting up buy orders (1400 URX)

That said, go have blind trust again people! You're free to buy part of my latest buy order (profit will be moved to cold) so I can refill the buy order soon Smiley So far, with how active Safe.Trade is improving, communicating and monitoring trades for security, it's great! Shit to hear someone got their wallet stolen, but great to hear the hacker only managed to send them in a nice circle Cheesy
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Board Announcements (Altcoins)
Re: [ANN] Uranium-X (URX) Super Rare Crypto!! Cpu Mining! Uranium-x.com
by
Freaky_Angelus
on 26/02/2019, 07:58:43 UTC
Hi freaky, the wallet does not have a central server that can be hacked so your coins are safe and the private key is on the phone  Wink
If you loose your phone or something else that is a different problem  Grin
I'm not afraid of any servers being hacked, I'm afraid of my phone being stolen, lost during a proper night out and then someone can access it. That said, they would only have a short opportunity... me, backups and probably instantly move the coins to a different wallet... Ok, I'll check a bit more!

As for the explorer, you mined in/with your wallet? Then the explorer isn't broken as most coins will have been mined to semi-'random' addresses. Thus, you have coins all over the place in multiple addresses and not just your main to which you send the other coins.

It's sort of a privacy thing, which by posting the entire log on this forum you've now undone Cheesy
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Board Announcements (Altcoins)
Re: [ANN] Uranium-X (URX) Super Rare Crypto!! Cpu Mining! Uranium-x.com
by
Freaky_Angelus
on 23/02/2019, 17:13:18 UTC
Ohw sweet sweet Wildraven,

My glowing deposits won't go on a portable system that's easily stolen Wink For that reason alone, the entire rumor of Samsung S10 having a crypto-wallet was enough for me to warn people against it...

No, it's not just a phone... if you're lucky they also steal several thousands of BTC from you! Good idea Samsung!

Android wallets are fun to watch what you have... but something as valuable (in the end) as URX won't go on anything that doesn't have multiple layers of protection. It will be kept safer than the concept of virginity at ComicCon  Roll Eyes
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Board Announcements (Altcoins)
Re: [ANN] Uranium-X (URX) Super Rare Crypto!! Cpu Mining! Uranium-x.com
by
Freaky_Angelus
on 20/02/2019, 12:48:14 UTC
..... only over Argon2 for Credits/dynamic/Uraniumx, they dont cover all variants of Argon2d....

The main point with gpu mining, is its much easier to scale.... so even if gpu is only as efficeint as cpu, the scalablity is so much easier....

....Thats why i believe the very best coins should only ever be mined thru the wallet....so pools, no external miners, nothing. That way at least you have to have 1 pc per wallet. Stopping that wallet running on a virtual pc also helps to keep cloud mining in check.... (think drm).
To my knowledge every Argon2 coin is covered right no with the gpu-miners or you may know 'new' Argon2 coins that I don't know of.

Then the part of size; yes a GPU is smaller, but the heat is the bigger issue than the size of the component. In cooling systems (my rl work ironically) a large component is easier to cool... So I agree that it's harder to scale but not by much more. The GPU-rigs are about just as annoying to build and the heat of the systems (which is hash per watt eff.) is what will limit your building more than anything (if we're going to talk about building sized farms anyhow).

This is also where your assumptions go wrong. Just because someone can put 1 Mhs on a coin, if they're not cheaper in doing that they can't dump the coin for cheaper. At best their added effort makes the coin more valuable as they've made it 1 Mhs harder to mine. It's when a piece of hardware has a substantial advantage over another piece then it will hurt the coins value. This is what you often see when coins go to GPU stage, the initial GPU dumping before it settles and (hopefully) slowly comes back up with continued growth.

As for your last comment... simply hilarious! Thank you!
Mining through only the wallet and 1 wallet per pc, how do you expect that to happen? VM's / RPC connection or more broadly the entire blockchainnetwork means pools are possible by definition of having a network. Even if you 'block a virtual pc' a comment rather hilarious as your entire OS is already 'virtual' on top of hardware. These are things you can not prevent, at best you can make it not available at launch. Eventually it will be done and it will be available.

Same as that Elicoin is a very GPU-favoured coin that runs insanely efficient on the KlausT gpu-miner for Nvidia cards Wink @ric9493968
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Board Announcements (Altcoins)
Re: [ANN] Uranium-X (URX) Super Rare Crypto!! Cpu Mining! Uranium-x.com
by
Freaky_Angelus
on 19/02/2019, 12:19:51 UTC
.......
Back to GPU mining but that quote is back 2 pages so here's a blank one Tongue

So, while I first want to express jealousy about free el. and the hardware apparently also at hand... the rest of the world works by financial return of investment rules and is bound by el prices and investment needing to be made out by themselves (and not their boss).

So for this next part I don't care if you have a full Mhs, GPU-favoured is not defined by the absolute hashrate you get. To be more clear, the cost of that 1x GTX 1080 is twice a bare-bone 1700 setup (comparison ~600 vs. ~300, both can be cheaper if you're lucky with the deals...) and then even before I OC that Ryzen setup, I have headroom on the EL consumption. Now that 35 khs is interesting, because the last time I heard that value it was for a 1080Ti and not a standard 1080 but, let's assume I'm wrong as I don't have that card and you get 35 Khs on it.

That still means your 1080 + system overhead is marginally better than the 1700 setups.
1080 - 230W + 10Wsys (assumed 6x GPU on 1x 60W system overhead) - 35 khs@240W@600
2x R7 in mild OC - 2x 120W - ~32 khs in native linux at barely any OC - 32 khs@240@600

I call that on par, especially as I know I can push the two R7's past that 35 khs if I OC them to 4.0Ghz and whatever extra and run a clean linux. So in your free el situation I can do 36-38 khs@600 vs. your 35@600 (yes 18~19 khs on a Ryzen if you tweak the shit out of it and don't care for the whistling steam engine it becomes). I don't recommend it, but to just point out free el is working against your case.

Now, then ROI comes by for a second installment. The two R7 setups have a much higher second hand value than the 1080 after 1 year of usage, although Nvidia is currently helping with their horrible marketing strategy to extend the value a lot Tongue, with two systems a much lower risk of loss of return is as well in play. Selling two systems for 200 min. after a year isn't that hard where 400 for a used GPU for mining becomes harder (again, that's the normal rate of price loss for GPU's which Nvidia is influencing, yet I can get them at 350 right now...).

So for any person buying, running and mining URX solely, that GPU setup isn't that favoured in hash per watt and higher in risk in investment.
At best, GPU is on-par and I would suggest you enjoy the hash while it allows GPU's to get any.

And yes there is also AMD GPU... which is so great we do not go any further into explaining this... (guess what I got....)
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Board Announcements (Altcoins)
Re: [ANN] Uranium-X (URX) Super Rare Crypto!! Cpu Mining! Uranium-x.com
by
Freaky_Angelus
on 14/02/2019, 10:22:47 UTC
Ive reviewed your website but there is no road map or anything that would tell anyone what the token is used for. 
The coin is part community driven and the author/developer has a very interesting opinion against false promises.

For that reason, no roadmap with goals exists and neither will it exist. A good example is the Android wallet and the upcoming fork. Both are direct results of the rather single approach of Uranium-X; a fair and collectable CPU coin for the community.

The Android wallet was a request from the community and is (in part) realized by the community, both in funding and development. The upcoming fork is in open debate for the same reason. The concept of a GPU-miner (even when in all fairness the GPU-mining possibility isn't favoured at this point) started the "we will fork" discussion.

From that perspective, a roadmap is nonsense and a strategy is more important. Hell, it's almost better than most small businesses, we have a vision and we're working according that vs. the "this looks pretty and has 'achievable goals' let's run with this until the next pretty picture" (can you tell what annoys me at work?).
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Board Announcements (Altcoins)
Re: [ANN] Uranium-X (URX) Super Rare Crypto!! Cpu Mining! Uranium-x.com
by
Freaky_Angelus
on 13/02/2019, 08:56:25 UTC
If only the bids on safe.trade would match the darn cost of mining Tongue I seriously want to know where some people live... cuz with my EL it's 66k of mining cost right (excluding ROI etc.)

BTW Wildraven, keep the giveaway and put in the dev-wallet. With the white-paper now and the android wallet almost done, we should look to the next thing Wink
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Board Announcements (Altcoins)
Re: [ANN] Uranium-X (URX) Super Rare Crypto!! Cpu Mining! Uranium-x.com
by
Freaky_Angelus
on 08/11/2018, 10:31:21 UTC
Yay, now let's create some volume to show the interest/value of this collectors coin!