It looks like the difficulty may be stabilizing a bit in the short term.

I definitely see the two sides of the ASIC coin. Having more hashing power will help secure the network and legitimize it in the eyes of more people. It’s unfortunate though that they may increase the difficulty so drastically that small GPU miners will get pushed out from mining. I’m still very new to crypto currency and one of the reasons I got involved, besides just being intrigued by the concept in general, was that you could actually contribute to the system by mining and be rewarded for your efforts. This is also a point of interest for the few people I’ve tried my best to explain crypto currency to and I worry that if mining starts to require thousands of dollars of investment, like BTC, some people who otherwise might be early-ish adopters may just stay on the sidelines and lose interest.

Anyway, just my .02 FTC =)

Sorry if this is makes me sound like a noob, but I haven’t heard of difficulty attacks before. Could you explain a little more about them? Are they when a group assigns a large amount of hashing power to a coin with the intention of driving the difficulty up to deincentivize people from mining since the coin would be less profitable in the short term?

Thanks!

That’s what I was thinking too. I’m new to feathercoin (and crypto currency in general) so I’m still trying to figure out the different aspects. Feathercoin seems like a great coin though so I’m happy to see more people coming on board!

I wouldn’t mind the difficulty staying low for a little while though. I only started mining a few days ago… =)

Hi everyone,

I noticed that difficulty has been going through a sharp rise recently. Just wanted to get peoples’ thoughts on this. Do you think it’s because the value ticked up a bit?

Thank for the warm welcome everyone!

I just want to give a shout out to d2 pool. I’ve been mining there for almost 24 hours and haven’t had any problems! Great website too!

Hi everyone,

I’m a brand new Feathercoin miner. I put together a Litecoin rig about a week ago, but became interested in Feathercoin so I decided to join this forum to learn more about it.