BTC needs the Internet to work properly and has better chances to survive than any particular fiat. WW3 may or may not break all things loose. In the worst case scenario, all fiat and crypto currencies turn into dust together.

Used suprnova.cc to mine LTC occasionally for hardware testing purposes. Accounted for over 4K valid shares, never got paid, now the balance is 0. Emailed, no response. Scam pool, avoid.

The community would appreciate if you share your knowledge. Especially when it comes to OpenCL on HD3000 series.

FTC retargets currently every 2016 blocks like BTC and LTC.

This one slow horribly. A 64-bit Linux build running inside VirtualBox is 3x faster.

Yep, damn hard to figure it out. Autoconf and automake to follow. Downloading and compiling source tarballs must be a rocket science for average user these days.

That's not impressive. A couple of quad Xeons E5345 @ 2.33GHz deliver 250 KH/s. No HTT, no AVX.

That's expected by 2021 if not sooner. 6.25 BTC per block + transaction fees may not be enough reward for miners to maintain the network. No motivation to increase hashpower either, it might even decrease. The cost of a 51% attack over a short period of time could be affordable. A single attack won't destroy the network for sure, but repeated attacks may do. Anyway, they would have a very serious effect on the currency exchange rates and reputation. As for people behind those attacks, they could make good profits.

So why don't you straight ask Bushstar instead of posting this nonsense? Have you got any evidence of pre-mine? FTC was traded on Vircurex a day before BTC-e.

FTC can either be a biggest fail or a biggest win. It has achieved already over 4GH/s while LTC has plummeted to 9GH/s. The difficulty is rising strong. In the long run FTC can survive either if it prevails over LTC which is unlikely though possible or if it adopts new features into the protocol like PoS from PPC and quick difficulty retargeting from TRC. We'll see.

Come on people, the giveaway is over, go mine something

You better keep them. Shall be worth more in the not so distant future.

Burnin, is it possible for DIY'ers to buy the parts from you? You save time, people save money.

I was thinking of about the same project, though with Ethernet interface and some inexpensive embedded ARM or MIPS HW driven by Linux, but I'm unable to allocate enough time for this.

See interesting ideas behind this cryptocurrency.

GPU miners switching from Bitcoin to Litecoin have already made the difficulty to soar from 18 in the beginning of March to 375 now. Litecoin CPU mining is nearly over.

BFL have delivered FPGAs in the past. They also have some kind of a trade-in program. We'll see.

>I guess my fear is that due to fast over mining, will the cryptos just cycle in and out

There is no overmining. The reward is constant at 3600 BTC per day since Dec-2012 until the next split in ~4 years.

Scrypt based ASICs will also appear some day. Litecoin is too weak now, not worth to spend a few million $ on such a project.

ASICs won't destroy anything. Hash rates and difficulty will rise and that's all about it. GPU mining has to go just like CPU mining has gone already unless you've got free electricity.

>just tired of seeing the zero balance while I go through the process of setting up my mt/gox/dwolla account

Why don't you simply mine something on whatever HW you have?

It's speculated that BFL have started to use the HW for themselves since the BTC rise a few months back. Maybe there are also some serious HW/SW bugs to catch and fix.