Terracoin - not too low ?

[Blindfolded]

I cannot understand why there is so much power being thrown at a coin that is literally only days old. Is there any kind of network graph yet so we can see how the hashrate % is divided ?

[Liquid]

I cannot understand why there is so much power being thrown at a coin that is literally only days old. Is there any kind of network graph yet so we can see how the hashrate % is divided ?

Not sure this is the best i think atm

[crazy_rabbit]

I cannot understand why there is so much power being thrown at a coin that is literally only days old. Is there any kind of network graph yet so we can see how the hashrate % is divided ?

I did ask if anyone wanted to test their ASICS on terracoin. :-) Maybe someone took up the call.

[Liquid]

Difficulty 9017 

[Rubberduckie]

Difficulty 9017 

difficulty just dropped back down to 2254

[crazy_rabbit]

Difficulty 9017 

difficulty just dropped back down to 2254

good grief that was a difficult couple minutes. It's nice to see diff adjust so quickly. A welcome change from waiting days or weeks for an adjust.

[FuzzyBear]

Difficulty 9017 

difficulty just dropped back down to 2254

good grief that was a difficult couple minutes. It's nice to see diff adjust so quickly. A welcome change from waiting days or weeks for an adjust.

Agreed that does seem to be a nice feature of this coin... but how susceptible to powerful miners is the network to being "played"?? people were talking of how a big miner could jump on... ruin the difficulty (make it hard to mine) then jump off to lower the difficulty... and hence mine as many blocks as possible before difficulty readjusts... sorry not explaining to well but hope you see my point?

[crazy_rabbit]

Difficulty 9017 

difficulty just dropped back down to 2254

good grief that was a difficult couple minutes. It's nice to see diff adjust so quickly. A welcome change from waiting days or weeks for an adjust.

Agreed that does seem to be a nice feature of this coin... but how susceptible to powerful miners is the network to being "played"?? people were talking of how a big miner could jump on... ruin the difficulty (make it hard to mine) then jump off to lower the difficulty... and hence mine as many blocks as possible before difficulty readjusts... sorry not explaining to well but hope you see my point?

I see your point, but it works both ways. The diff readjusts every 2 minutes, meaning if the big miner jumps off to lower the difficulty- and then jumps back on to mine at the lower difficulty, he/she still only gets two minutes of that lower difficulty before it readjusts. So yes, durring those 2 minutes they can make more coins then they otherwise would have.

At the same time however, everyone else gets to make coins at that lower difficulty as well. The big miner could always choose just to say "on" and thus keep the difficulty extraordinarily high. In other chains like bitcoin with a longer retarget iterval get to exploit that 'low difficulty' for a much longer time, while jumping off as soon as the difficulty skyrockets, leaving all the small miners trying to mine coins in the super high difficulty. Then as soon as it drops down again the big miner come in and starts plowing away cheap coins again.

See? Miner manipulation is inevitable now that some people have super powerfull rigs. Having a quick retarget is probably the best way of dealing with it.

[girafon]

I cannot understand why there is so much power being thrown at a coin that is literally only days old. Is there any kind of network graph yet so we can see how the hashrate % is divided ?

Not sure this is the best i think atm

hehe   i've been mining on that pool for a few hours, and .... we finally found a block !!

Took quite some time, apparently, we were only .. 7 miners on this one ...

Can't wait to see how many of those coins i'll get

[peepee]

hehe   i've been mining on that pool for a few hours, and .... we finally found a block !!

Took quite some time, apparently, we were only .. 7 miners on this one ...

Can't wait to see how many of those coins i'll get

7/20 = < 3 TRC. 

[girafon]

hehe   i've been mining on that pool for a few hours, and .... we finally found a block !!

Took quite some time, apparently, we were only .. 7 miners on this one ...

Can't wait to see how many of those coins i'll get

7/20 = < 3 TRC. 

not if i ran longer than others, or had a "bigger" one

anyway ... 110+ blocks for confirmation ..

[girafon]

hehe   i've been mining on that pool for a few hours, and .... we finally found a block !!

Took quite some time, apparently, we were only .. 7 miners on this one ...

Can't wait to see how many of those coins i'll get

7/20 = < 3 TRC. 

not if i ran longer than others, or had a "bigger" one

anyway ... 110+ blocks for confirmation ..

yes received my payment about an hour ago

unfortunately .. you were quite right with the payed amount ; there was a "big dude" in the group ...
( http://pool.bitcoinreactor.com/blockrewards/8838/list/ )

[BitCoiner2012]

Finally got TRC, address in sig, but not sure how to mine for it yet. Will work on that bit next, but one step at a time here..

[Rubberduckie]

Finally got TRC, address in sig, but not sure how to mine for it yet. Will work on that bit next, but one step at a time here..

Just point your miner(s) @ coinotron

http://coinotron.com/coinotron/AccountServlet?action=home

 

[Rubberduckie]

Finally got TRC, address in sig, but not sure how to mine for it yet. Will work on that bit next, but one step at a time here..

Just point your miner(s) @ coinotron

http://coinotron.com/coinotron/AccountServlet?action=home

 

sent you 1 TRC to get you started

[BitCoiner2012]

Finally got TRC, address in sig, but not sure how to mine for it yet. Will work on that bit next, but one step at a time here..

Just point your miner(s) @ coinotron

http://coinotron.com/coinotron/AccountServlet?action=home

 

sent you 1 TRC to get you started

almost as exciting as my first BTC!  Thanks! Now on to learn now to mine... must it be gpu or cpu too?

[FuzzyBear]

Finally got TRC, address in sig, but not sure how to mine for it yet. Will work on that bit next, but one step at a time here..

Just point your miner(s) @ coinotron

http://coinotron.com/coinotron/AccountServlet?action=home

 

sent you 1 TRC to get you started

almost as exciting as my first BTC!  Thanks! Now on to learn now to mine... must it be gpu or cpu too?

have you mined before?? if so then the mining software u use will work on TRC the same... well not the LTC mining stuff... but Cgminer/pheonix miner and GUI miner all work the same for TRC as BTC .... just point at a pool with a worker dedicated to mine TRC.... coinotrons pools is good, but there was a plea for miners to join the http://pool.bitcoinreactor.com/stats/ pool to and they got a good hash rate now so u will get payouts

any problems just ask

[BitCoiner2012]

Finally got TRC, address in sig, but not sure how to mine for it yet. Will work on that bit next, but one step at a time here..

Just point your miner(s) @ coinotron

http://coinotron.com/coinotron/AccountServlet?action=home

 

sent you 1 TRC to get you started

almost as exciting as my first BTC!  Thanks! Now on to learn now to mine... must it be gpu or cpu too?

have you mined before?? if so then the mining software u use will work on TRC the same... well not the LTC mining stuff... but Cgminer/pheonix miner and GUI miner all work the same for TRC as BTC .... just point at a pool with a worker dedicated to mine TRC.... coinotrons pools is good, but there was a plea for miners to join the http://pool.bitcoinreactor.com/stats/ pool to and they got a good hash rate now so u will get payouts

any problems just ask

I mine btc ltc. Can I do all three?

[FuzzyBear]

Finally got TRC, address in sig, but not sure how to mine for it yet. Will work on that bit next, but one step at a time here..

Just point your miner(s) @ coinotron

http://coinotron.com/coinotron/AccountServlet?action=home

 

sent you 1 TRC to get you started

almost as exciting as my first BTC!  Thanks! Now on to learn now to mine... must it be gpu or cpu too?

have you mined before?? if so then the mining software u use will work on TRC the same... well not the LTC mining stuff... but Cgminer/pheonix miner and GUI miner all work the same for TRC as BTC .... just point at a pool with a worker dedicated to mine TRC.... coinotrons pools is good, but there was a plea for miners to join the http://pool.bitcoinreactor.com/stats/ pool to and they got a good hash rate now so u will get payouts

any problems just ask

I mine btc ltc. Can I do all three?

yeah sure, just ur hashing power will be split between them all as merge mining not on with these 3

[Wizzard]

I cannot find how that bitcoinreactor rewards work. Cannot find an option to manually pay the reward, either the information about automatic payouts.