FTC needs your mining help now.
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Although the Multipool are leaching some cheep coins, we still have a significant network and fair members mine most of the coins.
However, I have realised there is a balance.
1. The Multipools are selling those extra coins on, so more members, who are not miners, can start to get coins. Mining is expensive and technical to get into, so I (as a small inefficient miner) won’t sell till I get a reasonable price.
2. If more miners come on the network, the difficulty will rise and we will get less coins anyway. i.e. we are still mining at preferential rates as early adopters.
I still think it is urgent to do something to restore fairness.
But, it is still more important to do the right thing. To combine any urgent change with other fixes to minimise testing, and Members and Miners upgrade work.
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[quote name=“Haven24” post=“58654” timestamp=“1392201984”]
How long estimated will it take to get back to normal? I noticed after last night my work in the pool was way down than normal because of all these people causing the difficulty to rise.
[/quote]looks to be about 4 hours now.
“Time to retarget” in below link
[url=http://www.feathercoin.com/netstats/]http://www.feathercoin.com/netstats/[/url]
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The multipools are using their large hash rate to manipulate the difficulty. It is the difference between the Diffculty and the next potential drop in difficulty at the ReTarget the Mutltipools are exploiting.
Currently they have driven it up to 185 when it should be 165 for the current hash rate.
It we increased our miners to 4 GHash/s over the next block, then slowly by say, 0.1 GHash/s per week, there would be no Difficulty Difference to leach from.
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On d2’s pool again right now.
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Sure is taking a while to retarget. Projected difficulty is in the 16x range.
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Would it be helpful at all if I were to add a Network Hashrate metric here: [url=http://www.cryptocoinstats.com/]http://www.cryptocoinstats.com/[/url]
Wrapper, I’m wondering if it would help to graph the Network Hashrate against Difficulty.
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Pointed my rigs at D2 for a bit, profitability is up as well… Nice…
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Welp, I’m down. Crashed during saving the config file and next thing I know cgminer isn’t doing squat and is panicking when I try launching it.
{sigh} I guess I needed a fresh reinstall anyway.
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[quote name=“HopeStillFlies” post=“58849” timestamp=“1392285762”]
Welp, I’m down. Crashed during saving the config file and next thing I know cgminer isn’t doing squat and is panicking when I try launching it.{sigh} I guess I needed a fresh reinstall anyway.
[/quote]Have you tried SGMiner? I’m getting rock solid stability from it…
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I am given her all shes got captain.
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Pointed some more GPU’s, can’t believe how low the network rate is now.
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Thanks everyone! We’re back on track for target time now.
Looks like there’s some hoppers still on, but difficulty isn’t as insane as before.
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[quote name=“mnstrcck” post=“58901” timestamp=“1392312148”]
Thanks everyone! We’re back on track for target time now.Looks like there’s some hoppers still on, but difficulty isn’t as insane as before.
[/quote]Thanks mnstrcck for the heads up. We should all have our eye on the network hashrate, and when it starts to fall, send out an alert just like this.
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I have 4.5Mh/s, All GPUs are minging FTC.
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It’s actually a very profitable time to mine Feathercoin. I was a loyal Feathercoin miner at 250 Diff and 10p price. So, in some ways, we have never had it so good.
You are right tho’ a few more miners and the coin hoppers wouldn’t be so effective.
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Wow, never knew FTC network hit 250 difficulty before.
I started mining FTC when the network difficulty was around 120-160.
So as it stands, it’s considered pretty bad to me ::)
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I mine FTC with all rigs of mine…
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I mine FTC with all rigs of mine…
Staying locked into one is probably wise if your equipment is already paid off.
Greed catches the rest of us; some really good days, some really bad days.
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Don worry DR.Quinn,
I’ve 18 Mhash/sec pointed only on FTC from the beginning
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Wrapper and anyone else interested. I’ve added Hashrate Tracking to my website. Currently I only have 3 days worth of data, but I’m sampling every 15 minutes and taking an average per day. Click on the checkbox next to Feathercoin to see a graph with difficulty included.
