Forum Home
    • Register
    • Login
    • Search
    • Recent
    • Tags
    • Popular

    Time to retarget

    Feathercoin Discussion
    8
    43
    11301
    Loading More Posts
    • Oldest to Newest
    • Newest to Oldest
    • Most Votes
    Reply
    • Reply as topic
    Log in to reply
    This topic has been deleted. Only users with topic management privileges can see it.
    • D
      DeadZebra Regular Member last edited by

      Time to Retarget 7 day(s), 5 hour(s), 38 min, 51 sec
      Next Difficulty 88.915405102885

      Why would it take 7days to retarget if the estimated network hashrate dropped so fast? Does the difficulty only change once it retargets?

      1 Reply Last reply Reply Quote 0
      • A
        aysyr Regular Member last edited by

        The retarget occurs after an a certain amount of blocks are found, I think 2016 in FTC’s case. Since the difficulty is higher, it takes longer to break a block. If the network hashrate gets cut in half, it takes twice as long to complete a block. Thus the time to complete all 2016 blocks takes longer.

        1 Reply Last reply Reply Quote 0
        • S
          ShadowEW last edited by

          That sounds pretty spot on to me, the less hashrate and driving force there is the longer it takes to break the 2016 block count before a difficulty change.
          The longer it takes, the lower the difficulty of the next 2016 blocks too!

          1 Reply Last reply Reply Quote 0
          • D
            DeadZebra Regular Member last edited by

            Oh ok that makes sense :) thanks very much. I guess the next week is just going to be very slow on the feathercoin mining side haha

            1 Reply Last reply Reply Quote 0
            • A
              aysyr Regular Member last edited by

              I’m just glad there are those still supporting it through mining during this rough patch :)

              1 Reply Last reply Reply Quote 0
              • S
                sheepson Regular Member last edited by

                Yeah indeed, lets not hop to a different coin and mine these blocks!

                1 Reply Last reply Reply Quote 0
                • D
                  DeadZebra Regular Member last edited by

                  ;D We will get through these blocks don’t worry. I’m getting my second rig sometime this week and will be setting it up to mine some FTC as well.

                  1 Reply Last reply Reply Quote 0
                  • U
                    UKMark last edited by

                    [quote name=“sheepson” post=“1197” timestamp=“1367860788”]
                    Yeah indeed, lets not hop to a different coin and mine these blocks!
                    [/quote]

                    I’m all in and miner is on full throttle! Ambient temperature in my shed where my miner is setup is currently 44.5oC :o , patiently awaiting spontaneous combustion :D

                    1 Reply Last reply Reply Quote 0
                    • D
                      DeadZebra Regular Member last edited by

                      What are your guys predictions for the value of FTC in 3months?

                      1 Reply Last reply Reply Quote 0
                      • U
                        UKMark last edited by

                        Well I’m hoping it will be as good as decision as buying BTC was in January will be. :)
                        Not sure of an upper value just yet, but I’ve got buy orders in all the way down and including 0.00101 .
                        If/when LTC moves to GOX I reckon FTC will be the 3rd main traded currency and should it see further adoption as a purchasing medium then 1/4 LTC in Value is not unrealistic.

                        1 Reply Last reply Reply Quote 0
                        • J
                          justabitoftime last edited by

                          I can’t speak for the developer, only myself. I’ve ran grassroots type projects/campaigns for many years… I’m putting my heart and soul behind Feathercoin. There is no reason when Litecoin goes to 20 on gox, we’re not at $5 a coin. I’m pulling in quite a few resources from the business community, we’ll see how it pans out. I’ve been asked to help with different coin campaigns. my total focus in Feathercoin.

                          1 Reply Last reply Reply Quote 0
                          • D
                            DeadZebra Regular Member last edited by

                            Thanks for that I really appreciate it :) glad to be part of a growing community dedicated to what they’ve started.

                            1 Reply Last reply Reply Quote 0
                            • D
                              DeadZebra Regular Member last edited by

                              8days ++ lol

                              1 Reply Last reply Reply Quote 0
                              • S
                                sheepson Regular Member last edited by

                                We need some big players now.

                                1 Reply Last reply Reply Quote 0
                                • A
                                  aysyr Regular Member last edited by

                                  [quote name=“UKMark” post=“1199” timestamp=“1367861713”]
                                  [quote author=sheepson link=topic=249.msg1197#msg1197 date=1367860788]
                                  Yeah indeed, lets not hop to a different coin and mine these blocks!
                                  [/quote]

                                  I’m all in and miner is on full throttle! Ambient temperature in my shed where my miner is setup is currently 44.5oC :o , patiently awaiting spontaneous combustion :D
                                  [/quote]

                                  Well I’m currently living in the basement (still in college/living with my parents) and I have 4 rigs set up down here haha. I can barely plug anything else into the outlets else the circuit breaker goes off. Anyways, it’s like 90-100 C in here in average and I sleep here xD

                                  1 Reply Last reply Reply Quote 0
                                  • U
                                    UKMark last edited by

                                    [quote name=“aysyr” post=“1211” timestamp=“1367871844”]
                                    [quote author=UKMark link=topic=249.msg1199#msg1199 date=1367861713]
                                    [quote author=sheepson link=topic=249.msg1197#msg1197 date=1367860788]
                                    Yeah indeed, lets not hop to a different coin and mine these blocks!
                                    [/quote]

                                    I’m all in and miner is on full throttle! Ambient temperature in my shed where my miner is setup is currently 44.5oC :o , patiently awaiting spontaneous combustion :D
                                    [/quote]

                                    Well I’m currently living in the basement (still in college/living with my parents) and I have 4 rigs set up down here haha. I can barely plug anything else into the outlets else the circuit breaker goes off. Anyways, it’s like 90-100 C in here in average and I sleep here xD
                                    [/quote]

                                    Sod that for a game of soldiers :D - You may be toast in the morning :o

                                    1 Reply Last reply Reply Quote 0
                                    • A
                                      aysyr Regular Member last edited by

                                      Haha nah I’m all good. I’ve had this running for weeks no problem, just warm is all :) Too bad it’s not winter anymore lol

                                      1 Reply Last reply Reply Quote 0
                                      • D
                                        DeadZebra Regular Member last edited by

                                        10days++ where do you guys think it will stop?

                                        1 Reply Last reply Reply Quote 0
                                        • U
                                          UKMark last edited by

                                          [quote name=“DeadZebra” post=“1239” timestamp=“1367908267”]
                                          10days++ where do you guys think it will stop?
                                          [/quote]
                                          @ + 2016 blocks from the last one :D
                                          Network hash is less than 1/4 of peak so if at 1/2 peak it was 7 days, it could be 14 days or more from now, either way I’m seeing this one out and then watch the network hash rate return once the profitability does.

                                          1 Reply Last reply Reply Quote 0
                                          • S
                                            ShadowEW last edited by

                                            [quote name=“UKMark” post=“1244” timestamp=“1367911607”]
                                            [quote author=DeadZebra link=topic=249.msg1239#msg1239 date=1367908267]
                                            10days++ where do you guys think it will stop?
                                            [/quote]
                                            @ + 2016 blocks from the last one :D
                                            Network hash is less than 1/4 of peak so if at 1/2 peak it was 7 days, it could be 14 days or more from now, either way I’m seeing this one out and then watch the network hash rate return once the profitability does.

                                            [/quote]
                                            Sounds about right, the difficulty will drop down, confirmed changed, then all the mining rigs will hop back in, mine a ton of coins before the next difficulty increase, hop back out, repeat. :P

                                            1 Reply Last reply Reply Quote 0
                                            • First post
                                              Last post