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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: seamusmcaffrey on April 24, 2013, 03:15:50 PM



Title: What's up with TRC?
Post by: seamusmcaffrey on April 24, 2013, 03:15:50 PM
I'm a bit new to this and I'm honestly just curious what would cause this if someone can explain it...

if you look at calculators and profitability sites for terracoin it will wildly fluctuate from being less profitable (.5 times) than bitcoin to being wildly more profitably (5 times) than bitcoin. But the difficulty looks like the same number and the exchange on sites like btc-e stays roughly the same... I'm honestly curious what causes this fluctuation (in a matter of minutes...). Can any of those profitatbility factors be trusted?

Thanks


Title: Re: What's up with TRC?
Post by: Remember remember the 5th of November on April 24, 2013, 03:17:30 PM
The difficulty fluctuates. It goes up and down like from 5000 to 50k in a matter of minutes and it's getting abused by miners.


Title: Re: What's up with TRC?
Post by: seamusmcaffrey on April 24, 2013, 03:19:44 PM
so the difficulty itself is what is changing? is it just because it's so young and subject to the hash rate?

is block generation that much faster on TRC that it difficulty can be affected that much? or is it just that the block chain is shorter so the difficulty changes more frequently


Title: Re: What's up with TRC?
Post by: FuzzyBear on April 24, 2013, 03:20:47 PM
so the difficulty itself is what is changing? is it just because it's so young and subject to the hash rate?

is block generation that much faster on TRC that it difficulty can be affected that much? or is it just that the block chain is shorter so the difficulty changes more frequently

TRC difficulty adjustment happens every block now as far as i am aware


Title: Re: What's up with TRC?
Post by: seamusmcaffrey on April 24, 2013, 03:43:10 PM


TRC difficulty adjustment happens every block now as far as i am aware
[/quote]

really? is it programmed to work that way? sounds wild


Title: Re: What's up with TRC?
Post by: FuzzyBear on April 24, 2013, 03:54:01 PM
TRC difficulty adjustment happens every block now as far as i am aware


really? is it programmed to work that way? sounds wild

Yup TRC is one hellova wild ride :P

but can't stress subSTRATA's request enough as well... UPDATE UR WALLETS!!

https://bitcointalk.org/index.php?topic=186289.0


Title: Re: What's up with TRC?
Post by: Ben Thomas Clayton on April 24, 2013, 04:57:13 PM
A whole lot of wallets is out of sync and people are waiting for an update for linux. Can this have something to do with the situation?


Network difficulty swings are the minor issue right now, the major issue is how to contact users behind nodes listed above - and possibly many others? They seem to
not check Terracoin website - some are still stucked on block 101632, and current block height is 113163 - nor they check forums, nor they are on TRC mailing list.


Title: Re: What's up with TRC?
Post by: Ben Thomas Clayton on April 24, 2013, 05:24:28 PM
A very good idea, indeed! But it won't help before the people waiting for it realize it's there...

A whole lot of wallets is out of sync and people are waiting for an update for linux.

http://www.terracointalk.org/index.php/topic,226.msg1494.html#msg1494 compile newest source code maybe ???