Terracoin is ALLIIIIIVEEEE

[psybits]

TRC is now skyrocketing on BTC-e 

[mr_random]

How is TRC holding up with it's new patch guys? Want to know if it's safe to buy some...

hmmm confused? price doubled but its now 4 times less profitable to mine trc? did difficulty go up?

If you look at it in terms of TRC->BTC. If TRC is to be used as currency, you shouldn't look at it's price as per BTC.

was considering mining trc but now its half as profitable as btc unless websites wrong

Dustcoin has TRC at 500% profitability.

[psybits]

Diff has been fixed, network is looking healthy and has been repaired, I think things are looking up for TRC 

[bit-fxtrader]

How is TRC holding up with it's new patch guys? Want to know if it's safe to buy some...

hmmm confused? price doubled but its now 4 times less profitable to mine trc? did difficulty go up?

If you look at it in terms of TRC->BTC. If TRC is to be used as currency, you shouldn't look at it's price as per BTC.

was considering mining trc but now its half as profitable as btc unless websites wrong

Dustcoin has TRC at 500% profitability.

what? i see 50%,,,can anyone mining confirm this

[mr_random]

How is TRC holding up with it's new patch guys? Want to know if it's safe to buy some...

hmmm confused? price doubled but its now 4 times less profitable to mine trc? did difficulty go up?

If you look at it in terms of TRC->BTC. If TRC is to be used as currency, you shouldn't look at it's price as per BTC.

was considering mining trc but now its half as profitable as btc unless websites wrong

Dustcoin has TRC at 500% profitability.

what? i see 50%,,,can anyone mining confirm this

It's gone back down to 50%.

[spacegoat]

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...

[pyra-proxy]

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....

[ImI]

How often does the difficulty readjust?

[spacegoat]

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

[Sunny King]

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. 

Before everyone gets carried away with the price jump, I would like to remind people that the drama started with an attempt at fixing the oscillating difficulty between 3k ~10k.

Now it oscillates between 5k ~ 50k+.

It's actually worse off than the original adjustment. If the oscillation wasn't a problem then why fix it and cause all this drama over the week?

[jubalix]

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. 

Before everyone gets carried away with the price jump, I would like to remind people that the drama started with an attempt at fixing the oscillating difficulty between 3k ~10k.

Now it oscillates between 5k ~ 50k+.

It's actually worse off than the original adjustment. If the oscillation wasn't a problem then why fix it and cause all this drama over the week?

Sunny was it not the oscillation but the ability to deal make quick readjustment to deal with the oscillation, thus if the readjustment can be made quickly in spite of even larger oscillation is that not good or am I missing something here?

[Sunny King]

Sunny was it not the oscillation but the ability to deal make quick readjustment to deal with the oscillation, thus if the readjustment can be made quickly in spite of even larger oscillation is that not good or am I missing something here?

In the original adjustment oscillation is limited to 4x, so you would have about 4 minute spacing in the slower half. The currently adjustment has similar or worse behavior, reaching over 20-minute on the slow side. Regardless a smart miner can still exploit this to greatly increase his profitability, probably even more so than with the original adjustment.

[jubalix]

Sunny was it not the oscillation but the ability to deal make quick readjustment to deal with the oscillation, thus if the readjustment can be made quickly in spite of even larger oscillation is that not good or am I missing something here?

In the original adjustment oscillation is limited to 4x, so you would have about 4 minute spacing in the slower half. The currently adjustment has similar or worse behavior, reaching over 20-minute on the slow side. Regardless a smart miner can still exploit this to greatly increase his profitability, probably even more so than with the original adjustment.

So your saying the miner can still block up the block chain for days when they jump off??? like they did before....?

[shivansps]

TRC diff when up from 58K to 175k in... 20mins? in 3 jumps.

[celkaris]

TRC diff when up from 58K to 175k in... 20mins? in 3 jumps.

coinotron back online @ 700+Gh/s

[spacegoat]

Sunny was it not the oscillation but the ability to deal make quick readjustment to deal with the oscillation, thus if the readjustment can be made quickly in spite of even larger oscillation is that not good or am I missing something here?

In the original adjustment oscillation is limited to 4x, so you would have about 4 minute spacing in the slower half. The currently adjustment has similar or worse behavior, reaching over 20-minute on the slow side. Regardless a smart miner can still exploit this to greatly increase his profitability, probably even more so than with the original adjustment.

So your saying the miner can still block up the block chain for days when they jump off??? like they did before....?

no it would only last for over 20 minutes.  the diff adjuster keeps the transactions moving, but leaves a slight vulnerability for mining exploits

[shivansps]

from 58k to 175k, them to 5k, then to 44k, them 88k, them 79k, all in... 1 hour? this is just stupid.

Next jump its gone be reduced... i see at least 300GHash/s moving from TRC to PPC when the diff is high and them back when it drops.

[jubalix]

Sunny was it not the oscillation but the ability to deal make quick readjustment to deal with the oscillation, thus if the readjustment can be made quickly in spite of even larger oscillation is that not good or am I missing something here?

In the original adjustment oscillation is limited to 4x, so you would have about 4 minute spacing in the slower half. The currently adjustment has similar or worse behavior, reaching over 20-minute on the slow side. Regardless a smart miner can still exploit this to greatly increase his profitability, probably even more so than with the original adjustment.

So your saying the miner can still block up the block chain for days when they jump off??? like they did before....?

no it would only last for over 20 minutes.  the diff adjuster keeps the transactions moving, but leaves a slight vulnerability for mining exploits

so how does this fit in with SunnyKings view this is worse than before?

[roy7]

Before everyone gets carried away with the price jump, I would like to remind people that the drama started with an attempt at fixing the oscillating difficulty between 3k ~10k.

Now it oscillates between 5k ~ 50k+.

It's actually worse off than the original adjustment. If the oscillation wasn't a problem then why fix it and cause all this drama over the week?

It used to oscillate down to like 50 difficulty. Literally, under 100. So then blocks start dropping every few seconds. And then skyrocket so high noone could get a block to add for a really long time once the big miners all pulled back out. With the new 5K floor at least the lowest drops are more reasonable, and difficulty comes down faster as needed if miners bail.

[crazy_rabbit]

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. 

Before everyone gets carried away with the price jump, I would like to remind people that the drama started with an attempt at fixing the oscillating difficulty between 3k ~10k.

Now it oscillates between 5k ~ 50k+.

It's actually worse off than the original adjustment. If the oscillation wasn't a problem then why fix it and cause all this drama over the week?

+1