Feathercoin daemon and wallet production version 0.17.0.1

Feathercoin Difficulty & Block Time Analysis 26-4-2017


  • Moderators | Tip wrapper

    A high level of difficulty was reported for 26/4/2017. I’ve done an examination of the Feathercoin Transaction Blocks Difficulty calculation over 1700 blocks.

    Results:

    • Number of Blocks analyzed 1704
    • Fees 135,920 FTC
    • Transactions less fees 1,581,801.70 FTC
    • Transaction to Fee ratio 11.64 Times
    • Percentage with Transaction 24.71 %
    • Number of Blocks with Transactions 421

    The analysis was from Block 1688676 on 2017-04-25 15:50:30 to 1690375 at 2017-04-26 21:47:00 .

    The result show the effect on block times as eHRC kicks in. Peak difficulty was 40. The average block time remained 1.03 minutes, which is not bad considering the high hash.

    The high hash rate events are approximately 50 - 100 block long, then repeated every 200 blocks.

    It can be seen that the later events show quicker rates of difficulty increases, as the effect of the earlier event is within the recalculation range. This explains why later events left the longest block time of 18 mins.

    It is not ideal to have such swings and FTC hasn’t seen such changes since ASIC days when a Litecoin pools could switch hashing to FTC.

    The charts show the difficulty and Block time over a day and then close up of the largest event over 200 blocks.

    Analysis over 1700 Blocks

    FTC-DifficultyAnalysis 1700 Blocks

    FTC-Block Time Analysis 1700 Blocks

    Analysis over 200 Blocks

    FTC-DifficultyAnalysis 200 Blocks

    FTC-Block Time Analysis 200 Blocks

    https://github.com/wrapperband/FTCBlockTimeAnalysis1690375 2017-04-26 21:47:00


  • Moderators | Tip Wellenreiter

    @wrapper
    Reminds me on the typical pattern of a group of miners/mining farms to try to find more blocks, than the actual has rate of a mining farm gives.
    *sigh *
    😉


  • Regular Member | Tip AmDD

    @Wellenreiter said in Feathercoin Difficulty & Block Time Analysis 26-4-2017:

    @wrapper
    Reminds me on the typical pattern of a group of miners/mining farms to try to find more blocks, than the actual has rate of a mining farm gives.
    *sigh *
    😉

    Like moving a ton of hash to the network until the diff gets high then move it away only to bring it back when the diff gets high again?

    good info, @wrapper !


  • Moderators | Tip wrapper

    @Wellenrieter and I did an enormous amount of work testing simulations and monitoring eHCR with different parameters against kimoto gravity well.

    There is always going to be a delay before a reaction can take place to a changing hash rate, even for an optimum solution. eHCR does handle the hash rate variation as fairly as possible, the high hash rates from the (multi-pool) would still be hashing transactions.

    That is why it is important to have p2pool and solo mining in order to encourage a stable baseline hash rate.


  • | Tip Lordas

    Today hit new difficulty high - 40.7383, at least what I saw…


  • | Tip Lordas

    Wow 45.39208498 now…


  • Regular Member | Tip Orgest

    Great stats, it’s sad that I don’t have enough money to purchase mining material. I’m happy I have coins thought. Feathercoin to $5 by the end of August.


  • | Tip shadow1117

    @Orgest i am not willing to spend money specificly for mining, but my gaming rig wich is running 24/7 annyway is doing a pretty good job with about 650KH/s. i am thinking about putting in a 2. graphics card at least i can game with that setup once i dont like crypto annymore. 🙂


  • | Tip Lordas

    50.4676 today 🌶


  • | Tip Lordas

    Omg - 68.0132


  • Moderators | Tip wrapper

    Looks higher than ever, I’ll do a check of difficulty see what the variation is.


  • Moderators | Tip wrapper

    Feathercoin Global Hash Rate variation analysis 3 days to 12-06-2017

    Chart is pretty neat. Blue line shows relatively consistent 1 per minute blocks i.e. eHRC is working as designed…

    The difficulty is adjusted at each block to compensate for changes in miner levels. Feathercoin difficulty is up so global hash rate is up.

    It would appear that the difficulty and variation has raised proportionally.

    i.e. It is not due to “attacks”

    The average FTC hash rate Difficulty has gone from ~7 over the last 2 months up to 20 currently.

    As rough estimate a difficulty 10 ~ 0.9 GHash/s per day average. A difficulty of 20 per day is approximately equivalent to 1.5 GHash/s per day.

    I suspect mining pools are switching between FTC and Etherium as premier GPU POW coins. It would be interesting to see the Etherium chart (link to Github for spreadsheet bellow.)

    Note : that Neoscrypt is a harder algorythm than scrypt, which is harder than Bitcoins Sha256 hashing, so a FTC difficulty is “harder to achieve”, is ~100 times. This is one reason difficulty went down when FTC switched to Neoscrypt.

    Feathercoin  Difficulty analysis 12-June 2017

    https://github.com/wrapperband/FTCBlockTimeAnalysis


  • | Tip Lordas

    Reached difficulty 73+ and 40-60 every day… man just good couple months ago I mined with 4 or so difficulty…


  • | Tip thebaron

    The AMD GPU drought has extended beyond the US in the last 3 weeks. The uptake in Australia has been remarkable. Apparently people have made their ROI in a month over here, but it’s hard to foresee how that level of income can be maintained when a) personal mining, and therefore altcoin difficulty, is increasing so rapidly and b) energy prices here are pretty high!

    I had considered increasing the size of my solar array to be able to devote a portion to mining, but the constant power draw makes the ROI for batteries completely unfeasible. I think wind energy would be more appropriate, but there’s no wind where I am, only relentless sun.


  • Moderators | Tip wrapper

    @thebaron I am amused by the “relentless sun”, which is so true on many levels, whilst suffering Manchester’s “relentless drizzle”, which sounds much less hardcore.


  • | Tip thebaron

    @wrapper ‘relentless drizzle’ sounds like a really hardcore balsamic vinaigrette.


  • | Tip Lordas

    Back to the theme.
    Current FTC network difficulty: 554.379376
    Wooow


  • | Tip bluebox

    @Lordas Someone threw at least 11GH at it very briefly. That’s a lot more than just a multiport switch, like nicehash or mining-dutch; they only have about 1-2GH total neoscrypt at the moment… 😒