Please don't die FC!
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Haven’t been on the forums in awhile, but just wanted to say, I hope FC doesn’t die!
Is everyone mining alternates? Is it smart to stay focused on FC?
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We will not die, I said a year ago that this is a long term project and I remain committed. This is now a good time to get back on mining Feathercoin if you have moved away. We recently hard forked to stop the mining pools taking the profit out of Feathercoin for everyone else.
The difficulty is now roughly going between 50 and 100 where it was perpetually kept up at around 260 before. So for miners who want to stick with us all the time you can mine 2.5 to 5 times more coins than before. I’m sure that the multipools are working to try and squeeze the most out of us that they can. I’m interested to see what results they come up with.
It is Wrapper and Wellenreiter that put months into analyzing multipool’s behavior to come up with this new solution which so far seems to be a great improvement.
We will soon fork again to move to a new hashing algo and will leave Scrypt to the ASIC miners. We are evolving as always.
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If we move to a new hashing algo, what type of mining system will we need?
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Maybe in a few days or in the future i guess wel’ll see more coins. Apr 16th 67.9 coins then the 17-18 happend and not many coins were mining 17th 22 coins, 18th .0051 coins, 19th 33.7 coins, 20th 70.6 coins, 21th 69.6 coins, 22nd 84.9 coins, 23rd 73.8 coins. Then the hard fork, 24th 49 coins, 25th 50 coins. It seems like i’m producing less coins. Will this get back to normal production?
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Maybe in a few days or in the future i guess wel’ll see more coins. Apr 16th 67.9 coins then the 17-18 happend and not many coins were mining 17th 22 coins, 18th .0051 coins, 19th 33.7 coins, 20th 70.6 coins, 21th 69.6 coins, 22nd 84.9 coins, 23rd 73.8 coins. Then the hard fork, 24th 49 coins, 25th 50 coins. It seems like i’m producing less coins. Will this get back to normal production?
Its really “poolluck” dependent, do you mine in a mature or minor pool?
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I mine wemineftc
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FTC is very far from death, not much fun trading lately, but definitely not dead :)
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Veeeeery FAR from death…
Really we’re in a bear trade situation but NOT only for FTC.
This situation has NOTHING TO DO with the FTC death… Nothing to do.
IMPORTANT: In my opinion it’s a “Perfect Shopping Time” :D :D :D :D :D …buy and forget…
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Feathercoin is one of the few that has a proper community. At first I didn’t understand the how much this matters!
Also having witnessed dying coins like SBC, I wouldn’t have said FTC is in any danger at all. In fact it keeps innovating, and that takes it from strength to strength.
I’m less worried about its value against fait. There are more important things going on here.
Lots of coins are there for the short game, but this isn’t one of them.
If FTC manages to come through with the developments in the pipeline, then I can see this being a very fertile territory.
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@Bushstar. How can I make up to 5x more coins? Should I not be mining in a pool? I have been mining at give coins FTC pool and have noticed that my rewards have been halved for like the last month or so.
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@Bushstar. How can I make up to 5x more coins? Should I not be mining in a pool? I have been mining at give coins FTC pool and have noticed that my rewards have been halved for like the last month or so.
lol maybe he meant 2.5x to 0.5x more >:D >:D
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I’ve noticed Im getting about 20%-25% more coins since the hard fork. :)
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It’s good the fork helped someone. I’m 20 coins less per day and dropping. Is it the wemineftc pool or the fork that’s the culprit. This is now becoming expensive
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Well I use givemecoins pool. May be worth a shot changing to see if it helps.
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I think their answer is correct.
The block value has dropped from 200 coins to 80 coins, the block rate has increased from one block every 2.5 minutes to one block every minute, so the overall coin supply per hour/day should be the same.
The increased block rate is reflected by the drop of difficulty, which makes it possible to find blocks in a minutes rate.
Nevertheless, we still see some peaks in hashrate, that couls be an indication for hopping pools or attacks, causing less income for constant miners.
Wrapper is running constant analysis of the block chain behavior to identify causes for anomalies and unexpected behavior.
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obviously my 20% calculation is only based on what iv’e seen.
I was guessing that the increase in mined coins I were down to less interference from multi pools hopping in and out?
It may just be that of the few days I have been mining my pool was quite lucky.
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Every single alt coin are losing its valuation right now (together with Bitcoin).
If you are looking for a profit, wait till the next Bitcoin pump when the ratio against BTC gets wider before trading your BTC for FTC. Then wait for FTC pump before trading back again…
See the historical trend on BTC and FTC back in November ~ Feb and you’ll get what I mean :)
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Well Ghash.io didn’t update the block reward value immediately so they were going all out on FTC. If their pool was large enough then they could have been adding a lot of extra competition since they were mining FTC 53.5% of the time rather than their usual 0.1% of the time.
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I have been buying BTC while price is low, will then be getting myself some more FTC.
Feathercoin is one of my long term holds and was my first when starting in cryptos.
This coin will be around for a long time to come and is certainly a safe bet. -
Looking at the alt coin space, FTC has pretty much locked itself in and wont die off any time soon if at all. I have moved my GPU mining onto other prospects (for now) but I will always hold several thousand FTC as a reserve. I am looking to organize a ASIC groupbuy that will only mine FTC, please go to the miners section and post if you are interested, no commitment or FTC required!
