Time to retarget
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[quote name=“UKMark” post=“1257” timestamp=“1367917035”]
Yup other than owning 20+ x 7990’s there isn’t really much we can do about it :)
It’s annoying to think we will get through these next 2016 blocks ‘slowly’ but ‘surely’ only to be owned by the bigger rigs when they jump back on the profitability train, and then once again we will be left to mop up the shit they leave behind for us :-\
[/quote]
Mhmm, unfortunately that’s just how it’ll have to be. At best I can toodle along at 1mhash with my 7970s but until the weekend it’ll be casual mining as usual from me.
I wish I had the money to put more investment into FTC for you all but that’s not going to happen for a few years yet :x -
Well I’m in for the long term and not for a quick buck. I wish more people saw the long term potential rather than quick gains pumping and dumping coins all over the show.
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It’s not good for followers of a specific coin that hopping is so easy
Mine a lot with their supper rigs until the diff is to high and let the long term people clean it up.
For now the confirmations are too slow to keep Feathercoin up and running.
Retargets should be quicker if the hash rates drop like they did now.It’s the people with a lot of money and hardware that can benifit from crypto so why is it different from the large banks / governements this way.
The big get bigger whilst the small keep struggling. -
When do you think we will make it to the next difficulty? it’s sitting at 11 days now.
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[quote name=“DeadZebra” post=“1271” timestamp=“1367922132”]
When do you think we will make it to the next difficulty? it’s sitting at 11 days now.
[/quote]
At it’s current pace and decline, I’m expecting something around the 14-21 day figure myself. Although, do note that’s my personal view of it all. :P -
[quote name=“ShadowEW” post=“1275” timestamp=“1367922799”]
[quote author=DeadZebra link=topic=249.msg1271#msg1271 date=1367922132]
When do you think we will make it to the next difficulty? it’s sitting at 11 days now.
[/quote]
At it’s current pace and decline, I’m expecting something around the 14-21 day figure myself. Although, do note that’s my personal view of it all. :P
[/quote]Yup, I’ll still be here with my piddly 1.3mH/s though even if I’m the last [s]man[/s] miner standing :)
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[quote name=“UKMark” post=“1281” timestamp=“1367924089”]
[quote author=ShadowEW link=topic=249.msg1275#msg1275 date=1367922799]
[quote author=DeadZebra link=topic=249.msg1271#msg1271 date=1367922132]
When do you think we will make it to the next difficulty? it’s sitting at 11 days now.
[/quote]
At it’s current pace and decline, I’m expecting something around the 14-21 day figure myself. Although, do note that’s my personal view of it all. :P
[/quote]Yup, I’ll still be here with my piddly 1.3mH/s though even if I’m the last [s]man[/s] miner standing :)
[/quote]haha I need my second rig to arrive so that I can help out some more.
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Pool Hashrate: 126.83 MH/s
Network Hashrate: 985.06 MH/s
Hashrate keeps going down, so I also expect the retarget to increase to 16-18 days :-(
And then all major hashrates will mine it again to an exploding diff to drop out again afterwards
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[quote name=“Armandoke” post=“1309” timestamp=“1367933591”]
Pool Hashrate: 126.83 MH/sNetwork Hashrate: 985.06 MH/s
Hashrate keeps going down, so I also expect the retarget to increase to 16-18 days :-(
And then all major hashrates will mine it again to an exploding diff to drop out again afterwards
[/quote]Yeah this might be a problem until the FTC/BTC exchange rate stabilizes
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[quote name=“DeadZebra” post=“1310” timestamp=“1367933979”]
[quote author=Armandoke link=topic=249.msg1309#msg1309 date=1367933591]
Pool Hashrate: 126.83 MH/sNetwork Hashrate: 985.06 MH/s
Hashrate keeps going down, so I also expect the retarget to increase to 16-18 days :-(
And then all major hashrates will mine it again to an exploding diff to drop out again afterwards
[/quote]Yeah this might be a problem until the FTC/BTC exchange rate stabilizes
[/quote]Yes and LTC/FTC
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[quote name=“sheepson” post=“1313” timestamp=“1367934348”]
[quote author=DeadZebra link=topic=249.msg1310#msg1310 date=1367933979]
[quote author=Armandoke link=topic=249.msg1309#msg1309 date=1367933591]
Pool Hashrate: 126.83 MH/sNetwork Hashrate: 985.06 MH/s
Hashrate keeps going down, so I also expect the retarget to increase to 16-18 days :-(
And then all major hashrates will mine it again to an exploding diff to drop out again afterwards
[/quote]Yeah this might be a problem until the FTC/BTC exchange rate stabilizes
[/quote]Yes and LTC/FTC
[/quote]I think FTC/LTC would be awesome to exchange directly :)
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It’s here: https://cryptonit.net/exchange/ltc/ftc
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[quote name=“sheepson” post=“1319” timestamp=“1367935075”]
It’s here: https://cryptonit.net/exchange/ltc/ftc
[/quote]Thanks man! Do you think BTC-E would implement something like this sometime?
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Those last few exchanges have been quite bad. Could of gotten ~5FTC more on this transaction:
LTC Rate FTC
2.04487531 0.085 24.05735662Going LTC -> BTC -> FTC
2.04488 LTC -> 0.0608324 BTC -> 29.0683 FTC
@ BTC-E:P
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[quote name=“ShadowEW” post=“1323” timestamp=“1367935412”]
Those last few exchanges have been quite bad. Could of gotten ~5FTC more on this transaction:LTC Rate FTC
2.04487531 0.085 24.05735662Going LTC -> BTC -> FTC
2.04488 LTC -> 0.0608324 BTC -> 29.0683 FTC
@ BTC-E:P
[/quote]Going LTC -> BTC -> FTC :) yeah this is how I’m trading at the moment.
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These days are going up lol
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Yeah >:( the new difficulty will be very low tho, probally alot of miners will come back then.
As shadow said, they will be hopping on and off then…
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Damn I wonder where the bottom is though
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[quote name=“DeadZebra” post=“1399” timestamp=“1368001824”]
Damn I wonder where the bottom is though
[/quote]under 400MH/sec at my calculations :|