Name: NetCoin Posts: 1 Position: Newbie Date Registered: Today Last Active: Today One posts, registered today. Seems legit. |
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Really someone just needs to implement it with high r values and see what kind of hash rates they get. I don't think an r leading to 512 MB of RAM required will be that catastrophic.
Here you go: [test]$ time ./scrypt-ref 1024 1 1
0.007u 0.000s 0:00.00 0.0% 0+0k 0+0io 0pf+0w
[test]$ time ./scrypt-ref 1024 4096 1
31.282u 0.235s 0:31.55 99.8% 0+0k 0+0io 0pf+0w
[test]$ time ./scrypt-sse 1024 4096 1
9.725u 0.225s 0:09.95 99.8% 0+0k 0+0io 0pf+0w
[test]$ time ./scrypt-nosse 1024 4096 1
7.535u 0.210s 0:07.75 99.8% 0+0k 0+0io 0pf+0w
[test]$ cat /proc/cpuinfo | grep name
model name : Intel(R) Xeon(R) CPU E5540 @ 2.53GHz
model name : Intel(R) Xeon(R) CPU E5540 @ 2.53GHz
model name : Intel(R) Xeon(R) CPU E5540 @ 2.53GHz
model name : Intel(R) Xeon(R) CPU E5540 @ 2.53GHz
[test]$ uname -a
Linux cs 2.6.18-308.16.1.el5 #1 SMP Tue Sep 18 07:21:07 EDT 2012 x86_64 x86_64 x86_64 GNU/Linux
About 8 seconds per hash attempt with 512 megabytes, so it'd take 18 days to verify the initial download of a blockchain with 200,000 blocks. ouch. Basically everyone would have to run it through an electrum server of some sort. I vote the name of the coin to be ElectrumCoin. |
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Because this   Now we know why Sunny King set the initial PPCoin difficulty at 256 instead of 0 |
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One of Feathercoin's advantage is that you get bigger block rewards (200) rather than Litecoin (50), so miners will like it.
And it's like a fresh version of Litecoin, so everyone can join in, and mine from the start together.
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Each block is taking between 1 -> 5 minutes now so it's definitely much harder to find a block. At 520 blocks to mature mining earnings I still have mined earnings from 8 hours ago that haven't fully matured yet.
My last found block was over 4 hours ago. Hoping to hit 2 more blocks so I can break the 5 BTB barrier.
EDIT: The reward is lower than 0.24 for sure. My last block was found at 6:19am BST and got a reward of 0.226562.
0.24 BitBar reward per block ? With 0.01 standard transaction fees on btc-e, this coin won't get anywhere. Withdrawal fees on BTC-E : LTC : 0.5 TRC : 0.01 FTC : 0.01 NVC : 0.01 PPC : 0.01 Novacoin starts at 20 reward per block and decreased to 11.62 (lose 50% its value in 3 months). BitBar starts at 1 reward per block and decreased to 0.24 now (lose 75% of its value in 1 day). inb4 BitBar fork, ByteBar which starts block reward at 8 coins per block. |
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how much is a TBC worth?
Minimum difficulty of 1.0 on testnet is equal to difficulty of 0.5 on mainnet. This means that the mainnet-equivalent of any testnet difficulty is half the testnet difficulty. In addition if no block has been found in 20 minutes, the difficulty automatically resets back to the minimum. https://en.bitcoin.it/wiki/Testnet |
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With the Feathercoin exchange open, it seems network hash rate grows day by day. We break 1 GHash/s network hash rate today, congratulations. Another difficulty update : Previous difficulty : 23.883 Previous network hashrate : 749,749 KHash/s Current difficulty : 27.497 (+15.13% from previous) Current network hashrate : 1,029,228 KHash/s (+37.276% from previous) Next difficulty : 38.341731700059 (+39.43% from current)  |
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It is official. We are changing to FTC taking on the family name from BTC and LTC. It seems right.
Time for a new binary ? It's better to change the amount in the wallet from xxx FC to xxx FTC as soon as possible. |
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 0.03 - 0.05 ? People that buy 71k LTC from Cyberdyne and Rawted doubled his profit. Buy 71k FTC @ 0.02 = 1420 LTC Sell 71k FTC @ 0.03 = 2130 LTC (+710 LTC profit) Sell 71k FTC @ 0.05 = 3550 LTC (+2130 LTC profit) Not to mention people that buy it at very low price as 0.01 Buy 70k FTC @ 0.01 = 700 LTC Sell 70k FTC @ 0.03 = 2100 LTC (+1400 LTC profit) Sell 70k FTC @ 0.05 = 3500 LTC (+2800 LTC profit) Standard price on Googledoc book order : 1000 FTC = 20 LTC 1 FTC = 20/1000 LTC 1 FTC = 0.02 LTC Lowest price : 1000 FTC = 10 LTC 1 FTC = 10/1000 LTC 1 FTC = 0.01 LTC Lesson ? If you really need to sell your coins, don't sell it off-exchange. And this is just the beginning. Who knows if the coins shoot to 0.1 later. |
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Does it ? You mean did it when it opened ? I don't know, you tell me. I wasn't there when it happened.
It doesn't matter. What does matter is the current price now is 0.00245 Which means if you buy it from someone that sell it to you for 0.00001, you make 245x profit. |
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What do you think will happen ?
What do you think is the price of PPCoin now ? Does it crash to 0.00001 when BTC-E open it ? |
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I just noticed that fc.dontmine.me has just found 6 blocks in a row:  At the time of writing, the hashrate of fc.dontmine.me is 376.29 MH/s, while the whole FC network is 669.64 MH/s. FC has checkpoint, don't worry about it too much and fc.dontmine.me already closed registration. New FC miners will join a new pool. Registration has been temporarily closed due to the large hash rate on this server relative to the total hash power of the network.
It will reopen when the pool/network hash rate (56.16%) drops below 35%
Please see these alternative pools:
Main Feathercoin Thread (Most Up-to-Date, start here)
AltPool
FTC Pool / feathercoin is a geek
Feather Pool
Thank you for your support!
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Posted here for prosperity. Let's compare the price before and after exchange opened. |
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If you already ordered Jalapeno / ASIC / blah blah blah, make sure to place a bet on (trusted) betting sites against BFL delivering. BFL deliver -> you get your free btc maker. BFL doesn't deliver -> You get free money from betting sites. Hedging, how does it work ? And yes, the one that place 250 BTC is a BFL employee.  http://bitbet.us/bet/7/April 2013 : In : 250 BTC Out : 500 BTC May 2013 : In : 500 BTC Out : 1000 BTC June 2013 : In : 1000 BTC Out : 2000 BTC 2000 BTC for 3 months. You can continue this until December and x2 your BTC every time. |
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1. Sell your LTC for BTC-E in BTC-E, transfer your BTC back to MtGox and withdraw to your bank account.
2. Sell your LTC for BTC-E in BTC-E, transfer your BTC back to Bitstamp, use BitInstant to transfer your Bitstamp coupon to Paypal.
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I don't like multiple currency exchange, vircurex style :
FRC / LTC
PPC / NVC
It's better to tie everything to USD / BTC :
LTC / BTC,
FC / BTC,
just like BTC-E's style, but that's just my opinion.
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Interesting. I don't know why Terracoin developer starts Terracoin's address with 1, not T.
That will cause a conflict with BTC address, glad it's sorted out now for OP.
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That's fast. Well, difficulty update for today : In two days, the difficulty will change from 23.883 to 36.51 (+52.87%) In one month, it's possible that the difficulty may become bigger than 100.  For comparison, at the moment Novacoin's difficulty is 120.115 and Litecoin is 404.82 |
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