PXC Mining - Call to action (?)
-
Thanks to everyone that paid attention and helped out. I was surprised by the very good conversation that ensued, and must say I learned a great deal from reading through the comments.
It seems that us jumping in was both good and bad in that I believe we really did help them get over the hump. However, I was really surprised by how fast the diff was right back up to where it was and put them right back in to the same cycle. I think the most important thing to come from this is more attention to the diff change issues caused by the swooping vultures (along with what is being discussed in http://forum.feathercoin.com/index.php?topic=2667.0.). I know the coinchoose pools helped out during the last attack, but they are also a detriment to keeping the confirmation speeds up which to me is an obstacle to long term consumer adoption.
Thanks for everyone’s input and help!
-
Phenixcoin has got into another difficulty trap with a long way to go until the next retarget at current 40MH/s or so. Please put some hash power in, they need it.
-
Where’s their stats page?
-
[quote name=“Nutnut” post=“22851” timestamp=“1374620632”]
Where’s their stats page?
[/quote]AFAIR, there is none.
-
[quote name=“ghostlander” post=“22854” timestamp=“1374622086”]
[quote author=Nutnut link=topic=2661.msg22851#msg22851 date=1374620632]
Where’s their stats page?
[/quote]AFAIR, there is none.
[/quote]So how do we know when the retarget is?
-
-
[quote name=“Nutnut” post=“22855” timestamp=“1374622267”]
[quote author=ghostlander link=topic=2661.msg22854#msg22854 date=1374622086]
[quote author=Nutnut link=topic=2661.msg22851#msg22851 date=1374620632]
Where’s their stats page?
[/quote]AFAIR, there is none.
[/quote]So how do we know when the retarget is?
[/quote]By using their block explorer. They retarget every 600 blocks.
[quote author=Justabitoftime link=topic=2661.msg22857#msg22857 date=1374623246]
http://pxc.theblocksfactory.com/
[/quote]This one displays incorrect next difficulty and not accurate at all.
-
All for helping the partner coins but they need to help themselves too. Fix the retarget time/percentage as we did and put up a stats page. Then we won’t be here again in another week!
All that’s happening at the moment is that I keep mining the least profitable coin (or rather most difficult) to bail the alts out.
Usually I stick with ftc and even that can be hard to swallow at times as the diff drops for 8 hours it works well but then all and sundry mine it, the diff rockets and I end up mining it at high diff/low reward again. I almost feel the 40% is still too big a swing and still gives way to diff bounce. With the partner coins getting stuck too I’d mine even less rewarding coins. Donations to the leccy bill accepted. ;)
-
[quote name=“Nutnut” post=“22881” timestamp=“1374650584”]
All for helping the partner coins but they need to help themselves too. Fix the retarget time/percentage as we did and put up a stats page. Then we won’t be here again in another week!All that’s happening at the moment is that I keep mining the least profitable coin (or rather most difficult) to bail the alts out.
Usually I stick with ftc and even that can be hard to swallow at times as the diff drops for 8 hours it works well but then all and sundry mine it, the diff rockets and I end up mining it at high diff/low reward again. I almost feel the 40% is still too big a swing and still gives way to diff bounce. With the partner coins getting stuck too I’d mine even less rewarding coins. Donations to the leccy bill accepted. ;)
[/quote]+1
-
We’ll get everyone on the same page soon. As for our difficulty re-adjust… I would like to see:
- No more than a ~20% adjust
- Less than 504 blocks
- More dynamic adjust (similar to PPC)
- If difficulty gets hung up too high, some measure to have it self correct
-
PPC retargets continuously, I mean every block. Block target is the same to Bitcoin, although there is a 1 week long averaging window with a daily difficulty limiter set at 2.0. Need we implement continuous retargetting? That’s a good question.
-
So, back on topic, if anyone wants to lend a few hashes to help our partner coins out, you can do so here on my pools - [url=http://www.nut2pools.com]Nut2Pools.com[/url] or on d2’s pools here - [url=http://d2.cc]d2.cc[/url]. There are obviously other pools too but i’ll let you find them. ;)
I’m mining them with a rig now…
-
Do we have an accurate retarget display url yet for pxc?
-
They just released a new client which doubles the block time without halving the block reward, thereby doubling the rate of inflation.
https://bitcointalk.org/index.php?topic=266377.0
I expect value will reach half what it once was in accordance with this change. Sucks to be a PXC holder right about now…
-
[quote name=“Kevlar” post=“24046” timestamp=“1375394706”]
They just released a new client which doubles the block time without halving the block reward, thereby doubling the rate of inflation.https://bitcointalk.org/index.php?topic=266377.0
I expect value will reach half what it once was in accordance with this change. Sucks to be a PXC holder right about now…
[/quote]This is an interesting development with odd timing, to say the least.
-
[quote name=“Tuck Fheman” post=“24050” timestamp=“1375397359”]
[quote author=Kevlar link=topic=2661.msg24046#msg24046 date=1375394706]
They just released a new client which doubles the block time without halving the block reward, thereby doubling the rate of inflation.https://bitcointalk.org/index.php?topic=266377.0
I expect value will reach half what it once was in accordance with this change. Sucks to be a PXC holder right about now…
[/quote]This is an interesting development with odd timing, to say the least.
[/quote]Indeed, and the price reflects it. It’s presently headed towards it’s monthly low price, which is hasn’t seen since the start of July.
-
almost 100% of pxc is on one pool. pxc.d2.cc which means 12mh. I like the pool but need some more.
-
[quote name=“Kevlar” post=“24046” timestamp=“1375394706”]
They just released a new client which doubles the block time without halving the block reward, thereby doubling the rate of inflation.https://bitcointalk.org/index.php?topic=266377.0
I expect value will reach half what it once was in accordance with this change. Sucks to be a PXC holder right about now…
[/quote]fing seriously? Is this block generation increase temporary to get the retarget down? I deal in one hyper inflationary coin, ifc, already. It’s honest about it.
-
[quote name=“jeremiel” post=“24069” timestamp=“1375408132”]
[quote author=Kevlar link=topic=2661.msg24046#msg24046 date=1375394706]
They just released a new client which doubles the block time without halving the block reward, thereby doubling the rate of inflation.https://bitcointalk.org/index.php?topic=266377.0
I expect value will reach half what it once was in accordance with this change. Sucks to be a PXC holder right about now…
[/quote]fing seriously? Is this block generation increase temporary to get the retarget down? I deal in one hyper inflationary coin, ifc, already. It’s honest about it.
[/quote]+1 to that my friend. +1
-
I’ll say the same thing I had to say about Feathercoin in all the non-glory days… “I’m not concerned with the price right now”. I have no comment concerning the changes, I’m just putting my money where my mouth is.
Speaking of which, buying a crapload of Feathercoin before the conference was a good investment. :)
