FTC value high enough to support recent hash rate?
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First of all, I’m really glad we’ve made the switch to NeoScrypt. I’m happy that we have something we can GPU mine again without taking a huge loss. I’m just curious if anyone is in the same boat as me already. Last I checked the amount of FTC I’ve been mining barely covers the cost of electricity @ $0.11/kWh. I’ve got my mining equipment optimized as much as possible based on what I have to work with and what I know of NeoScrypt optimizations (850w @ 400kh/s with cgminer 3.7.7b). Anytime the diff goes over 6 I’m barely breaking even, yet I keep seeing the hash rate climb higher and higher as if everyone has free power to work with. I know that multipool activity can drive diff levels high, but this hasn’t really affected FTC nearly as bad since the previous fork when the diff re-target was adjusted. I can only come to a few conclusions of my own: a.) far more people have cheaper power than I do. b.) CPU miner botnet activity? or c.) far better optimized GPU mining software that I don’t have or am not aware of. Thoughts?
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Sold all GPUs already… grrrr
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Network hashrate almost doubled last two days, what happened?
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The new kernal from Wolf0 gives increased speeds of over 80%.
Many people have updated and many are still to come. Expect to see the hashrate reach over 2Gh/s in the coming future.
Is for been able to support this price, who knows, but the main people who dump the mined coins will come and go as they are apart of the multipools. As we dip in and out of profitability I suppose you will see the price meander about. Really don’t know what else to say aside from this.
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Wolf0 publicly released his improved kernel, which would have contributed to the hashrate increase.
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This Wolf0 is for GPU’s only or for CPU also?
