the way they now handle asics is oscillating the difficulty, so the profitibility will also oscillate every few minutes. so its not broken, just truly unlike any other coin now...
After seeing several days of data on it now I feel like this is the best difficulty algo I've seen for the small alts combating wildly fluctuating hash rates... kind of impressed actually....
dude me too. everyone doesn't recognize what's going on with the swinging difficulty, so they say, "aw its still broken!" but if you can grasp how they've implemented asic invulnerability... its ingenius, I'm impressed too.
we're getting hit with plenty of asics and we're not lost in suspended animation are we? I'm now on their mailing list,, and latest news is that they are relieved a solutioin has been implemented, but mention that in the future there will be even more fine tunings done on future patches to make terracoin into a mercedes or a bmw, or no more appropriately a finely tuned nissan
I gave terracoin alot of shit cuz I lost alot of moolah in the crash, but it made me really sink my teeth into the meat of what they are up to and I believe they are making history right now as the first alternate sha 256 coin to hash out the 51% attack vulnerability.
so terracoin might be heralded as a great experiment for that,and provide bitcoin viable solutions for if it ever runs into 51% attacks.
i'm sure the price will stabilize further because the coin itself is usable. and before it crashed it was at .014 and going up. so I bet you we see it breach its old numbers with its new fix.
the only thing I worry about is the triple asic guy out there who mined like 20,000 TRC.
but it seems as though the market is hungry enough to even eat that...
let's see what that might mean if he sold that suddenly, 20,000 x .01 = 200 BTC... not too bad actually. maybe he has more sense than to dump it all at once and slowly introduce it especially after the price is up to .02...
I don't know, I'm just stoked that I am starting to see my mom's money. once I make it back, I'll be pulling out and investing in this market with my own money only guys