Feathercoin Multipool
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I see this very important now and even more important after algorithm change.
That way people can still mine for FTC with big Scrypt asic beast on this multipool.
More people mining = more coins bought with steady and continuous buy support.
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F£$* YES! I am probably going to swap my GPU farm over here and gobble up scrypt-n coins. I wish there was more time in the day, so busy with building the farm and the real job.
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Am I the only one curious about the conversion. It’s supposed to run every 6th hour as I understand it. I’m currently mining x11 (due to heat) and I’ve only gotten coins converted into 16FTC over the last 5 days. Seems like it’s not converting as often as it should?
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Not just you Vizay, I have only had what looks like 1 conversion since signing up
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I finally made it… I’m mining X11 on coinking but it looks laggy. I get 12% rejected after almost two days!!
Moreover, when I was mining in suchpool with the same rig I was getting (more or less) the double of what I get here. Maybe it is still a too small pool?
Regarding the conversion I read they “pool” together the earning s from all the users until they hit a trigger value. Only then the conversion is carried out and split back to the users. I’m still not converting though… i feel DRK can rise more that this.
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I mined there yesterday and got coins converted to FTC pretty fast. Even a decent amount. But did not mine whole 24hours to see daily profits and compare to direct FTC mining. Has anyone?
Btw. - current profits from referral program - nothing exchanged to FTC yet. Maybe we should convert them to BTC and buy FTC directly ourselves? Suggestions?
Dogecoin (DOGE) 98.67497509
Potcoin (POT) 0.38125024
Startcoin (START) 0.00300904
Teslacoin (TES) 0.00017422
Piggycoin (PIGGY) 0.55425279
Cryptcoin (CRYPT) 0.00732981
Fractalcoin (FRAC) 0.00214279
Granitecoin (GRN) 0.00150105
Leaguecoin (LOL) 0.00135760
Urocoin (URO) 0.00109620
Lioncoin (LION) 0.00042133
Darkcoin (DRK) 0.00000294
Yeah i did stop too to see the difference. I just dont make as much . To be honest i’ll be going back to mining darkcoin -> cryptsy -> feathercoin . That worked better thus far . My numbers dont lie . coinking gives me 20% fewer coins than my way after all conversions and fees and it takes ages to convert everything
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Makes nowhere near as much as mining FTC directly, at least for me, but I am saving on electric…or am I? will need to work costs out
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I also noticed that the web statistic shown are out of date often.
Especially the profitability of coins is not shown corretly.
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Creating/using multipool was fine 6 months ago ( I think I have mention that in some forum treads ) , now we need some sort of “private” multipool for loyal ( how we can determine this? ) miners and another multipool like coinking for the regular miners hunting for profit.
First multipool will be for FTC investors and holders.
Second will be for any miners but will be used from FTC community / FTC operator to convert multipool earnings to FTC.
So basically there are investors needed for this multipools. Investors to pay the hosting / machines, operators of the pools, marketing of the pools and ofc all of them to agree to be paid in FTC.
Why second multipool? Because we used to have a strong community ( remember the time when everyday there were a lot of people signing and visiting the forum ) and I think with the right PR/Marketing skills could be very easy promoted. *this is asumtion only because I know 0 of marketing :)
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I’m using clever mining scrypt and converting all the BTC to FTC manually. I’m not keen on multipools but I though it couldn’t hurt building our buy wall on exchanges. :)
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ALERT FOR ASIC OWNERS
by mining at that multipool you can incresase FTC buy support
Thats the best way to mine FTC with ASICS today :) The good way.
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I’m super interested in using my ASICs for FTC, I just have never mined a multipool.
I need a how-to for multipooling!
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I presume you just point you miner at stratum+tcp://eu1.coinking.io:7777 and it switches when it coin hops. Make sure you set up the coin preferences as detailed on the first post above.
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I’m sorry to tell you, that coinking.io does not convert coins across different hashing algorithm.
I had my multipool mined coins converted to FTC, but this has been disabled.
I can convert into a number of scrypt coins plus BTC only.The only way to give automated buy support for FTC one must convert all coins to one specific coin, use the autopayout on coinking.io to send the coin to a cryptsy accoount, where you can automatically buy FTC for the coins.
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I’m hoping to set up a litecoin p2pool on pool20.neoscrypt.de when the FTC change over dust has settled. Actually it’s set up ready to go, once I have synced the blockchain(s).
The idea is to have a place to use (scrypt) ASICs, we can then recommend an exchange to buy FTC. LTC and Doge would appear to be the official. It does depend wither any mining is possible with them now or switch to catcoin?.
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It’s a home for asic miners, but you loose the multipool feature to mine always the most profitable coin.
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ChekaZ is chasing them, they did not updated wallet so thats why FTC payout is not an option now.
I hope they will re-enable it.
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I cross my fingers :)