List of Feathercoin FPGA/ASIC miners
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Mining FTC with gridiseed 5 chips miners running on Scripta!
Full post here: https://litecointalk.org/index.php?topic=9908.msg138195#msg138195
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I have some farmshares with LtcGear which are now mining FTC thanks to the owner now adding FTC as an available coin to mine on a limited basis. I will be posting my review after a week or two.
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I have now had Farm$hares with LtcGear since 3/05. I have received my expected LTC and FTC payouts as scheduled each week. (was LTC the first week until FTC was available) I have always received a reply back for any questions within a day or two at most, often much faster. I am very pleased with the service and have no trouble recommending them.
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I have now had Farm$hares with LtcGear since 3/05. I have received my expected LTC and FTC payouts as scheduled each week. (was LTC the first week until FTC was available) I have always received a reply back for any questions within a day or two at most, often much faster. I am very pleased with the service and have no trouble recommending them.
Are you seeing a proportionate ROI?
Actually, I seem to be completely misunderstanding; are you having to buy new shares every week or are they permanent or what?
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Sorry, I’m slowing replying here.
When you purchase Farm$hares you are getting a 12 month mining contract on his farm which he designed, built and maintains at the listed hashrate. He had mentioned in an announcement early on and I confirmed with him via email that after the 12 months he will present an option to Farmshareowners to continue the contract for the cost of electricity and any replacement hardware that has failed calculated per Farmshare. (Which he said should be fairly inexpensive) With his latest hardware and firmware upgrades I find it to be very reasonable.This description on his 4X multicoin Farm$hare explain it best I think:
"Farm$hare 4X is a virtual product which grants the owner a part of the Multicoin Farm production equivalent to 164KH/s.
They are based on boards with Cyclone chips.
Farm$hares can be transferred between ltcgear.com users using form at the right side. Transfer form becomes visible once F$ balance becomes positive.
1 Farm$hare 4X Multicoin will pay weekly equivalent of 164KH/s miner (scrypt algorithm for the moment). The coin to be mined is selected for each upcoming week via "My Account†page (LTC and FTC for the moment).
Each one and a half month shares get their kHs multiplied by 1.35. Last multiplication happened Monday 24 March 2014. Next multiplication will take place on May 8."
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Okay, excellent, thanks for the info. I didn’t see [i]anything[/i] on the site about it being a 12 month contract which left me very confused.
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They did have the details outlined a bit better before. I know they just did a major site update and changed the format quite a bit so they may still be adding things.
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I see a lot of people are going ASIC, must get my thumb out and do some research, any help on what to get and where to get it would be very much appreciated. I’m gonna miss my red hot GPU’s.
Although playing with some new toys will be fun.
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I’ve just bought a Gridseed, which seems OK and will be more efficient, than my blown GPU cards it replaces. Current policy is to update Feathercoin in the next major version so it is Litecoin ASIC resistant, though. So I’ll have to retire it or try it with Litecoin, where it probably won’t be very effective, soon.
I still think the scrypt ASIC compatibility could be a good option for Feathercoin . However, Feathercoin would have to develop a distributed set of ASICs to prevent take over of the network by big actors. This could be done by open hardware development of a combined Merchant solution which included an ASIC miner set up. This could give the wider distribution of small miners that is needed for a secure long term system and be something merchants could easily set up.
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I’ll hold 100MHash/s by end of July… I know it’s nothing compared to what can be thrown at us but yeah.
Feathercoin would have to develop a distributed set of ASICs to prevent take over of the network by big actors.
If we don’t change algo’s in time, just tell me where to point em.
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Totally agree with the merchant thing… Ultimately all this hardware will make an epic “Merchant FTC Starter Kit.”
If your gonna have your ftc Point of Sales, and your FTC ATM, you may aswell have your NeoScrypt ASIC to go with the setup. It would probably be best if we could come up with a merchant package… Comes with everything they need…
Maybe by the end of the year we can have all this hardware sorted out and can offer a package somehow. Whether it be assemble yourself, or we have a team of say UM, his dev, etc, and they can collect a commission for assembly (provided they had time). Or anyone could do it really. If it’s all open source people can have the option of buying outright and paying the extra, or they can assemble the equipment themselves by ordering all the parts…
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If Chirale is up to it then this topic is ready for one big update due all the recent mining devices falling from the sky!
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Has been unpinned as it no longer applies due to the fact that we have moved over to a more advanced algorithm called NeoScrypt which can not currently be mined with any generation of ASIC’s.
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Feathercoin 1 - ASIC 0
Ha ha ha -
lol, fuck that expensive crap :)
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Muhahaha
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Perfect time to buy ‘old’ scrypt asics and rent them out to nicehash :)
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Not that I’m aware of. But then, if someone did, I’d expect them to keep it hush.
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it is possible to mine with my g-blade gridseed ??
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it is possible to mine with my Asicminer Block Erupter ??
