Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: worldinacoin on October 14, 2011, 02:33:13 PM



Title: Status of Fairbrix
Post by: worldinacoin on October 14, 2011, 02:33:13 PM
Now that coblee has had a successful launch of Litecoin, wonder what will be the future plans of Fairbrix?  I did try to mine it on a spare PC for an another day but nothing came out. Any decision to support or dump it?


Title: Re: Status of Fairbrix
Post by: Lolcust on October 14, 2011, 02:40:24 PM
If I recall correctly, coblee has stated he will continue maintaining fairbrix to give it a fair chance.

Besides BTC-E sortakinda :) said they will launch FBX and LTC exchanges together, so it would be a shame to dump FBX that close to getting an exchange.


Title: Re: Status of Fairbrix
Post by: freequant on October 14, 2011, 02:50:16 PM
Fairbrix is like Tenebrix in better (no premine).
It has a bit weak hashrate, but it may recover once there is an exchange.
Anyway, you cannot kill a distributed crypto currency as long as there are people willing to mine it.


Title: Re: Status of Fairbrix
Post by: Bobnova on October 14, 2011, 02:53:16 PM
I've been mining it, seems to still be alive.


Title: Re: Status of Fairbrix
Post by: coblee on October 23, 2011, 04:13:08 AM
Looks like there aren't too many people mining fairbrix anymore. From allchains.info Litecoin has 5.69 mhash whereas Fairbrix only has .08 mhash. That's like 1.5% of Litecoin's network. Since interest is so low and the price is really low also, I probably won't spend much time maintaining the fork. If someone wants to take over, I will be happy to transfer the github project over to them.


Title: Re: Status of Fairbrix
Post by: worldinacoin on October 23, 2011, 06:02:55 AM
It is a pity, it looks quite a decent piece of work.  But I guess you will be extremely with Litecoin which is getting really popular.  Hope that someone can pick up Fairbrix from there.


Title: Re: Status of Fairbrix
Post by: wknight on October 23, 2011, 03:40:28 PM
Problem with Fairbrix is risk of being 51% at all times.

Very fragile coin for sure.

I still have like 2k on it.. though i dont plan to do anything with it but store it away.


Title: Re: Status of Fairbrix
Post by: goldk on November 21, 2011, 12:50:20 AM
I've been mining it, seems to still be alive.

I have interest in mining fairbrix. Where can I start doing this?


Title: Re: Status of Fairbrix
Post by: FlipPro on November 21, 2011, 01:30:04 AM
DEAD? :D


Title: Re: Status of Fairbrix
Post by: Spacy on November 21, 2011, 08:59:50 AM
DEAD? :D

No, the correct status is "nearly-GG-level"  ;D


Title: Re: Status of Fairbrix
Post by: goldk on November 21, 2011, 11:14:07 AM
I don't care if people think it is dead or not. I would like to mine it anyway. GG level is fine.


Title: Re: Status of Fairbrix
Post by: caish5 on November 21, 2011, 02:31:59 PM
Goldcoin: You'll need to get the client and solo mine it. There are no pools but the difficulty is pretty low.


Title: Re: Status of Fairbrix
Post by: Retired on November 22, 2011, 12:07:58 PM
Maybe it will get a bit more of momentum since Litecoin seems to be getting more and more popular... and the authors credit FBX for the scrypt implementation properly.