Mining solo on 0.9.6 experience

[Lordas]

Current FTC network difficulty: 35.614806

Wow wow!

Just after posting: Current FTC network difficulty: 36.842965
Then: Current FTC network difficulty: 39.405198

[Wellenreiter]

Well it came down pretty fast after the 39.xxx value

it seems we got a lot of mining power thrown on the bc for an hour or a bit longer.

It’s back to the normal diff of ~4 - ~14 now

[wrapper]

@Lordas I’ve done a Difficulty and Block time analysis for 26/4/2017.

http://forum.feathercoin.com/topic/8851/feathercoin-difficulty-block-time-analysis-26-4-2017

[Lordas]

In last hour difficulty was and 36,9 and 3,9 :)

[Lordas]

Don’t want to create new topic :)
Yesterday sold many of mine FTC at good prices to buy new video card - must prepare for halving… and…
Video cards what cost €250 in March, now cost ~€483…(RX480) and supply is “only orders”… almost same with GTX 1060, 1070… Only expensive 1080 you can buy any. Wow. I remember this 2-3 years (?) before with 7950, 7970.

[FlatBlack]

@Lordas those were d ‘days’… :confused: :head_bandage:
.
GPU Units Depleted
.
GPU Supplies Shortage
.
Hope, dis will be happening sooner… :hugging: :hugging: :hugging:
but dunno how will d price be… :frowning2: :disappointed_relieved:
Preparing Stripped Down Crypto Mining GPUs

[Lordas]

Hmmm maybe I should sell my GPU farmie at double prices… who knows maybe this crypto bubble will blow tomorrow…

[wrapper]

Hope GPU shortage not true, but possible consequences …

The gpu needs to be efficient for mining ie maybe the price increase will encourage an fpga or ASIC solution?

Also FTC managed to move from one algorythm to another.
One new encryption algorythm is based on disk space, could be combined with neoscrypt to process blocks.

This means a miner would be more (energy) efficient and need disk space, i.e. more distributed, under the same principle open hardware better than proprietary Asics…

Or other similar possibilities. Obviously that is a massive amount of work / degree student project, so won’t happen soon.

[FlatBlack]

@wrapper said in Mining solo on 0.9.6 experience:

One new encryption algorythm is based on disk space, could be combined with neoscrypt to process blocks.

wit dis sentence…means it related to ‘Proof-of-Space’ algo thing…?
:bow_tone1: soori for askin dis, Mr @wrapper

[AcidD]

@FlatBlack said in Mining solo on 0.9.6 experience:

@wrapper said in Mining solo on 0.9.6 experience:

One new encryption algorythm is based on disk space, could be combined with neoscrypt to process blocks.

wit dis sentence…means it related to ‘Proof-of-Space’ algo thing…?
:bow_tone1: soori for askin dis, Mr @wrapper

Similar to what storij did.

[FlatBlack]

@aciddude or Sia…
:bow_tone1:
.
long story…short,
FTC will be a 'hybrid = PoW (neoscrypt) + PoS (Proof-of-Space) then…?

[wrapper]

Changing the algo isn’t neccesary currently, we were talking about the possible effects and responses to an increase in the cost of buying and running graphics processors.

[FlatBlack]

@wrapper Noted…!!! :bow_tone1: