Feathercoin mining
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Hello, I have a gripe about feathercoins. When we updated on block 33000 we allowed for faster difficulty adjustments, however the current system is far from perfect. I feel like we are in a trap, a continual merry-go-round of miners jumping on at difficulty 94 and leaving when it increases to 133. Is there any way to combat this? Or is it merely a factor of the 133 Difficulty becoming profitable? In which case the new merry-go-round may ensue. Again, Is this detrimental to the coin enough to warrant a change?
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As value rises on the exchange then 133 will be more profitable. It’s really because value is around 0.001 at the moment which makes it close to LTC profitability.
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You’re correct. That’s exactly what’s happening.
And yes, a change is absolutely in the works. Believe me when I tell you that we find this situation as unacceptable as you do.
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Thank you for the replies! This community is unique and I support it! I just wanted to raise a concern and get feedback from the community. Thank you for your replies!
VDCAwolf