TRC network hash rate going nuts over the past 2 days

[Walter Rothbard]

It looks like 200GH came from one source, up and down. Only ASICs can do that.

The question is, how difficult it is to retarget a ASIC miner from BTC to TRC?

it's as easy as editing pool config in your miner config file and restarting.

Then it means the entire TRC network is at the mercy of a few ASIC owners, hoping they'll play nice. Correct? 

No, it means there are great opportunities for ASIC owners in securing the TRC network.  This is a price signal for more people to jump in, and more people jumping in will be the result.

[bitcool]

It looks like 200GH came from one source, up and down. Only ASICs can do that.

The question is, how difficult it is to retarget a ASIC miner from BTC to TRC?

it's as easy as editing pool config in your miner config file and restarting.

Then it means the entire TRC network is at the mercy of a few ASIC owners, hoping they'll play nice. Correct? 

No, it means there are great opportunities for ASIC owners in securing the TRC network.  This is a price signal for more people to jump in, and more people jumping in will be the result.

Interesting. Too bad BTC or LTC doesn't offer such a opportunity to ASIC owners 

Anyway, I'd keep my fingers crossed.

[DarkHyudrA]

It looks like 200GH came from one source, up and down. Only ASICs can do that.

The question is, how difficult it is to retarget a ASIC miner from BTC to TRC?

it's as easy as editing pool config in your miner config file and restarting.

Then it means the entire TRC network is at the mercy of a few ASIC owners, hoping they'll play nice. Correct? 

No, it means there are great opportunities for ASIC owners in securing the TRC network.  This is a price signal for more people to jump in, and more people jumping in will be the result.

Interesting. Too bad BTC or LTC doesn't offer such a opportunity to ASIC owners 

Anyway, I'd keep my fingers crossed.

Even that you're joking, the actual ASIC can't really mine on LTC.

[bitcool]

That's what I meant .

[conspirosphere.tk]

We are quite pleased we got into TRC early   http://satoshiroulette.com/?mode=TRC

our casino is backed by ~8'000 TRC which we scooped up for a mere 2 btc   quite the profit if we did decide to cash out but we never do.
When we add an altcoin we are in it for the long run.

I hope you don't start spamming the network with tons of nano-txs so that we end in a SHTF like you just did with BTC.

[crazy_rabbit]

We are quite pleased we got into TRC early  http://satoshiroulette.com/?mode=TRC

our casino is backed by ~8'000 TRC which we scooped up for a mere 2 btc  quite the profit if we did decide to cash out but we never do.
When we add an altcoin we are in it for the long run.

I hope you don't start spamming the network with tons of nano-txs so that we end in a SHTF like you just did with BTC.

Satoshi Dice and Satoshi Roulette are not the same people. That said, its only recently that Satoshi Dice has been seen as causing a problem. Up till now everyone has been glaf that Satoshi Dice was increasing network transactions and bringing people into BTC. I hope Satoshi Roulette can do the same for TRC!

[mr_random]

It looks like 200GH came from one source, up and down. Only ASICs can do that.

The question is, how difficult it is to retarget a ASIC miner from BTC to TRC?

it's as easy as editing pool config in your miner config file and restarting.

Then it means the entire TRC network is at the mercy of a few ASIC owners, hoping they'll play nice. Correct? 

No, it means there are great opportunities for ASIC owners in securing the TRC network.  This is a price signal for more people to jump in, and more people jumping in will be the result.

LOL!! Great way to put on a spin on how FRAGILE the TRC network is currently. Anyone who buys TRC or invests time mining them is basically playing RUSSIAN ROULETTE. Only takes one ASIC guy who is bored and having a bad day for the network to be DESTROYED.

Even if that doesn't happen, you can bet the ASIC miners will get mega amounts of coins that will be dumped onto the market as soon they're worth anything.

Go for TRC it's a great investment!

[crazy_rabbit]

It looks like 200GH came from one source, up and down. Only ASICs can do that.

The question is, how difficult it is to retarget a ASIC miner from BTC to TRC?

it's as easy as editing pool config in your miner config file and restarting.

Then it means the entire TRC network is at the mercy of a few ASIC owners, hoping they'll play nice. Correct? 

No, it means there are great opportunities for ASIC owners in securing the TRC network.  This is a price signal for more people to jump in, and more people jumping in will be the result.

LOL!! Great way to put on a spin on how FRAGILE the TRC network is currently. Anyone who buys TRC or invests time mining them is basically playing RUSSIAN ROULETTE. Only takes one ASIC guy who is bored and having a bad day for the network to be DESTROYED.

Even if that doesn't happen, you can bet the ASIC miners will get mega amounts of coins that will be dumped onto the market as soon they're worth anything.

Go for TRC it's a great investment!

I'm going to make the assumption that you have no idea what it takes to actually 51% a network. That said-

[mr_random]

It looks like 200GH came from one source, up and down. Only ASICs can do that.

The question is, how difficult it is to retarget a ASIC miner from BTC to TRC?

it's as easy as editing pool config in your miner config file and restarting.

Then it means the entire TRC network is at the mercy of a few ASIC owners, hoping they'll play nice. Correct? 

No, it means there are great opportunities for ASIC owners in securing the TRC network.  This is a price signal for more people to jump in, and more people jumping in will be the result.

LOL!! Great way to put on a spin on how FRAGILE the TRC network is currently. Anyone who buys TRC or invests time mining them is basically playing RUSSIAN ROULETTE. Only takes one ASIC guy who is bored and having a bad day for the network to be DESTROYED.

Even if that doesn't happen, you can bet the ASIC miners will get mega amounts of coins that will be dumped onto the market as soon they're worth anything.

Go for TRC it's a great investment!

Post that picture to all the people who follow your encouragement and lose their money

[Walter Rothbard]

Post that picture to all the people who follow your encouragement and lose their money

So far, I've been gaining money.

[conspirosphere.tk]

you can bet the ASIC miners will get mega amounts of coins that will be dumped onto the market as soon they're worth anything.

Then why BTC are not dead 12 times already?

[crazy_rabbit]

It looks like 200GH came from one source, up and down. Only ASICs can do that.

The question is, how difficult it is to retarget a ASIC miner from BTC to TRC?

it's as easy as editing pool config in your miner config file and restarting.

Then it means the entire TRC network is at the mercy of a few ASIC owners, hoping they'll play nice. Correct? 

No, it means there are great opportunities for ASIC owners in securing the TRC network.  This is a price signal for more people to jump in, and more people jumping in will be the result.

LOL!! Great way to put on a spin on how FRAGILE the TRC network is currently. Anyone who buys TRC or invests time mining them is basically playing RUSSIAN ROULETTE. Only takes one ASIC guy who is bored and having a bad day for the network to be DESTROYED.

Even if that doesn't happen, you can bet the ASIC miners will get mega amounts of coins that will be dumped onto the market as soon they're worth anything.

Go for TRC it's a great investment!

Post that picture to all the people who follow your encouragement and lose their money

Who is talking about losing money? I mined my coins on my 3 GPUS long since paid for by the russian roulette cheat scam litecoin that did nothing but bring me happine$$.

If you are in crypto, you have automatically agreed to the possibility of loseing money. We hope to gain money, but thats the deal you implicitly make when you get involved in crypto at this point in the game. It's roulette. Sometimes you win, sometimes you lose. You're not standing outside a casino complaining to patrons are you? Let us have our fun.

[nelisky]

That's the thing with the open market, where there is no reason for a miner to divert hashing from profit making BTC to 300 diff, almost valueless TRC other than to have fun, and even there, since the diff cycles are much smaller the effect would not last (unlike what happened to NMC in the past). It would mean that they could 51% the network but since there is so little tx bandwidth they would profit pretty much nothing.

Now the situation changes and TRC become valuable enough to justify an attack (not yet really, but still)... guess what? Diff is no longer 300 and more people jump on board making the network more secure and harder to corrupt as a side effect.

So while there are windows of opportunity for an attack, they close really fast!

[hanzac]

Someone is trying to monopoly the Terracoin supply. The price also reflex this purpose.
I think only someone with ASIC could beat this. This means that Terracoin will be die or continue rise.

[flound1129]

Someone is trying to monopoly the Terracoin supply. The price also reflex this purpose.
I think only someone with ASIC could beat this. This means that Terracoin will be die or continue rise.

Looks like it's over.



According to Vircurex, network hashrate down to 175MH and falling.

[UNOE]

where can I find realtime chart like this ?

[flound1129]

where can I find realtime chart like this ?

That one is from pool.bitcoinreactor.org, he's turned off his pool though recently so not sure if/how long it will remain up.

[FuzzyBear]

Top right hand corner of coinotron.com shows the pool there is at 305.8 GH

#   Name   MH/s   TRC/day
1   nica    32126.4    1504.22
2   cocoloco    26857.9    1257.54
3   maxi75    22448.4    1051.08
4   bosin    16721.7    782.94
5   ls121    14202.0    664.97
6   wwwish    13973.0    654.24
7   mosovac    9334.4    437.05
8   superfastkyle    8389.5    392.81
9   Ocakypa    5755.3    269.47
10   ca2008hy    5612.1    262.77
11   dizzy1    5411.7    253.38
12   nenadubica    5154.0    241.32
13   sinuo123    4781.7    223.89
14   tristanphuc    4409.5    206.46
15   radanilo17    4380.9    205.12
16   miljan    4237.7    198.42
17   nick5832    4094.5    191.71
18   wmikrut    4065.9    190.37
19   544020468net    3607.8    168.92
20   quanghai88    3350.1    156.86

Many thanks to ALL these users for helping secure the TRC network