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Title: Feathercoin network reached 2300MH/S (UPDATED 4000MH/S) ! Post by: serge79 on April 29, 2013, 09:48:40 PM Congratulations to all the miners! A great result indeed!
Title: Re: Feathercoin network reached 2300MH/S ! Post by: Tittiez on April 29, 2013, 09:50:31 PM None of them actually want to support the network, they just want in on the 300%+ probability over bitcoin. Don't thank them.
Title: Re: Feathercoin network reached 2300MH/S ! Post by: mr_random on April 29, 2013, 09:58:51 PM Congratulations to all the miners! A great result indeed! Network is growing very strong indeed. :) Title: Re: Feathercoin network reached 2300MH/S ! Post by: sokol815 on April 29, 2013, 10:06:44 PM I'm pretty sure I will point my new graphics cards at the feathercoin network!
For the time being, cryptonit is trading FTC for LTC at .05... about 20 cents per feathercoin. Litecoin difficulty: 437 (14,092.87Mh/s) Feathercoin difficulty: 40 (2,168.54Mh/s) It seems lots of miners have decided feathercoin is a decent option right now... you realize that feathercoin has basically pulled up to 15.4% of the litecoin network? Sure with only being worth $0.20 they are nowhere near as good of an investment compared to ltc right now, but I bet they are banking on ftc's future... as am I. Title: Re: Feathercoin network reached 2300MH/S ! Post by: spiderJ on April 29, 2013, 10:16:31 PM Great news. I feel sorry for the people who have slept on FTC
Title: Re: Feathercoin network reached 2300MH/S ! Post by: skyangel on April 29, 2013, 10:27:18 PM How long till FTC hash rate equals LTC?
Title: Re: Feathercoin network reached 2300MH/S ! Post by: cannonfodder on April 29, 2013, 10:27:47 PM Title: Re: Feathercoin network reached 2300MH/S ! Post by: sokol815 on April 29, 2013, 10:36:53 PM Someone proposed in the past that the value of a cryptocurrency tends to follow the amount of hardware devoted to processing said currency...
Title: Re: Feathercoin network reached 2300MH/S ! Post by: erk on April 30, 2013, 12:02:04 AM Someone proposed in the past that the value of a cryptocurrency tends to follow the amount of hardware devoted to processing said currency... The value of the hardware plus the energy to run it. If a coin doesn't at least break even, then people wont mine it unless they just want to burn up money. I think FTC is undervalued atm. the recent hash rate increase has caused the ROI to halve so unless the price of the coins goes up soon people will start mining something else. I think FTC should be worth about a quarter of LTC, it's currently well below that. Scrypt mining is a lot more expensive than SHA256 and that has to be taken into consideration in the coin price. Title: Re: Feathercoin network reached 2300MH/S ! Post by: destruct on April 30, 2013, 12:31:17 AM Someone proposed in the past that the value of a cryptocurrency tends to follow the amount of hardware devoted to processing said currency... The value of the hardware plus the energy to run it. If a coin doesn't at least break even, then people wont mine it unless they just want to burn up money. I think FTC is undervalued atm. the recent hash rate increase has caused the ROI to halve so unless the price of the coins goes up soon people will start mining something else. I think FTC should be worth about a quarter of LTC, it's currently well below that. Scrypt mining is a lot more expensive than SHA256 and that has to be taken into consideration in the coin price. FTC is currently 250% more profitable then BTC .. so people will continue to mine it until gets to ~110% (basically next difficulty update) Everyone believes LTC should be 1/4 of bitcoin but it hasn't gotten there yet.. give it a year or 2 and should be more realistic pricing... but about another 10000 alt coins out as well which is making the market polluted Title: Re: Feathercoin network reached 2300MH/S ! Post by: serge79 on April 30, 2013, 01:50:31 AM Someone proposed in the past that the value of a cryptocurrency tends to follow the amount of hardware devoted to processing said currency... The value of the hardware plus the energy to run it. If a coin doesn't at least break even, then people wont mine it unless they just want to burn up money. I think FTC is undervalued atm. the recent hash rate increase has caused the ROI to halve so unless the price of the coins goes up soon people will start mining something else. I think FTC should be worth about a quarter of LTC, it's currently well below that. Scrypt mining is a lot more expensive than SHA256 and that has to be taken into consideration in the coin price. +1 ! Title: Re: Feathercoin network reached 2300MH/S ! Post by: nodesupply on April 30, 2013, 01:58:38 AM Wow, interesting coin to see get started.
Aside from cryptoinit.net, are there any other Exchanges trading FC? Title: Re: Feathercoin network reached 2300MH/S ! Post by: nesic1 on April 30, 2013, 02:06:13 AM virexa but it is under construction
Title: Re: Feathercoin network reached 2300MH/S ! Post by: igba on April 30, 2013, 03:32:14 AM damn, now we just wait for some exchanges to take it seriously
Title: Re: Feathercoin network reached 2300MH/S ! Post by: Operatr on April 30, 2013, 04:03:26 AM I just saw this on the FC pool Im on...
dodg_not_botnet 219,917 kh 21,664.477 fc p d Title: Re: Feathercoin network reached 2300MH/S ! Post by: thep33t on April 30, 2013, 04:04:39 AM I just saw this on the FC pool Im on... dodg_not_botnet 219,917 kh 21,664.477 fc p d one of the biggish BTC miners jumped onto FTC. Title: Re: Feathercoin network reached 2300MH/S ! Post by: nesic1 on April 30, 2013, 08:00:58 AM new ftc exchange bter.com
Title: Re: Feathercoin network reached 2300MH/S ! Post by: klenker on May 02, 2013, 12:40:16 PM I just saw this on the FC pool Im on... dodg_not_botnet 219,917 kh 21,664.477 fc p d one of the biggish BTC miners jumped onto FTC. Well, I wonder how many people lost their enthusiasm for a more equal footing when they see people with absurd hash rates from companies like that. I did, it became less something that was fun as everything gets sucked their way, and the little nubs like me with single gpus basically scrape in a few coins a day. Over all that was inevitable. But they sure do make it a streamlined process. 21,664 ftc per day, as opposed to <20 for me. Was fun at first tho. At least I did make 1000 .. just. Title: Re: Feathercoin network reached 2300MH/S ! Post by: baka on May 02, 2013, 12:51:30 PM I gave up too, once I saw the big dogs jump in or should I say big "dodg". Like I stated in recent thread, pool operators should have restrictions against those with high hash rates mining new cryptos like FTC and CNC, hell I've seen pools with lower hash rates than that. If the hash rate is high enough to mine solo I say they should be banned from pools and let's see them make their own pool and see who in their right mind joins it.
Title: Re: Feathercoin network reached 2300MH/S ! Post by: Fernandez on May 02, 2013, 12:58:28 PM I gave up too, once I saw the big dogs jump in or should I say big "dodg". Like I stated in recent thread, pool operators should have restrictions against those with high hash rates mining new cryptos like FTC and CNC, hell I've seen pools with lower hash rates than that. If the hash rate is high enough to mine solo I say they should be banned from pools and let's see them make their own pool and see who in their right mind joins it. How will that work, though? Can't the big bad miner just set up a no of accounts? Thought I would sign out at 300 Coins, but seems very difficult now. Title: Re: Feathercoin network reached 2300MH/S ! Post by: baka on May 02, 2013, 01:18:37 PM At least he'll put some effort in it instead of just signing up and nukeing the whole pool. He'd have to assign groups of workers to different pools or use VPN or something to mask the IPs on groups of workers.
Title: Re: Feathercoin network reached 2300MH/S ! Post by: vlaoou321 on May 02, 2013, 01:50:52 PM Wow, interesting coin to see get started. YES，www.bter.comAside from cryptoinit.net, are there any other Exchanges trading FC? Title: Re: Feathercoin network reached 2300MH/S ! Post by: markm on May 02, 2013, 01:58:44 PM Well, I wonder how many people lost their enthusiasm for a more equal footing when they see people with absurd hash rates from companies like that. I did, it became less something that was fun as everything gets sucked their way, and the little nubs like me with single gpus basically scrape in a few coins a day. A single GPU can rake in GeistGeld, CoiLedCoin, and GRouPcoin, maybe even i0coin, quite nicely merged-mining, and since those are just the easiest of the merged-mined coins can also have the small chances of eventually finding blocks of IXCoin, DeVCoin and NaMeCoin n too by merging the whole lot of them. Furthermore, just the BiTCoin alone will more than pay for the electricity. (You use p2pool for the merged mining, so you get the benefits of a pool for the bitcoins, the rest you are gambling on find a block yourself solo, which is a good bet for the lower difficulty coins. One 5870 gets lots of blocks of the low difficulty coins per day. While the bitcoins pay the electircity plus also some profit too just on the bitcoins before even considering all the effectively-free altcoins.) -MarkM- Title: Re: Feathercoin network reached 2300MH/S ! Post by: aysyr on May 02, 2013, 09:19:38 PM Better change the topic to 4000 soon :p
Title: Re: Feathercoin network reached 2300MH/S ! Post by: serge79 on May 02, 2013, 09:53:14 PM Better change the topic to 4000 soon :p Ah you were faster than me, I just updated it ;D Title: Re: Feathercoin network reached 2300MH/S (UPDATED 4000MH/S) ! Post by: aysyr on May 02, 2013, 10:14:46 PM Yea exciting to watch both the mining power and the prices grow haha, been checking up on it between this and that xD
Title: Re: Feathercoin network reached 2300MH/S ! Post by: thep33t on May 02, 2013, 10:23:03 PM I gave up too, once I saw the big dogs jump in or should I say big "dodg". Like I stated in recent thread, pool operators should have restrictions against those with high hash rates mining new cryptos like FTC and CNC, hell I've seen pools with lower hash rates than that. If the hash rate is high enough to mine solo I say they should be banned from pools and let's see them make their own pool and see who in their right mind joins it. Why ban them from a pool? Does it hurt your daily payout? No? Well then, stop complaining. |