Terracoin network at 0.00 GH/s what's going on?

[psybits]

Anyone want to let me and everyone else know what's going on with the TRC network?

[Byte-Gox]

Bytecoin is taking over

[psybits]

Bytecoin is taking over

Suits me I've got plenty. But what about TRC 

[drawingthesun]

Anyone want to let me and everyone else know what's going on with the TRC network?

They need to set TRC as the same as Bitcoin just faster. Bitcoin difficulty cannot jump around more than 4x current difficulty

I think TRC has merit, a faster Bitcoin sounds attractive, but this miner resonance thing they have where the difficulty can jump up and down by massive amounts is just killing it,

Mining TRC is so frustrating, one day I can mine 2 blocks/per day solo, and the next day I can't even mine 1 single TRC from a pool

Its madness.

Someone Jumps on with a ASIC and the network diff just jumps all over the place, then they leave and the diff is so high and then everyone else leaves, then the diff hits super low and loads of people jump on to get easy coin, and then it shoots up so far everyone leaves again.

[lassdas]

Anyone want to let me and everyone else know what's going on with the TRC network?

It's not 0.0GH/s,
not sure what it is, but TRC-p2pool is currently at ~2.2GH/s.

The problem is, that the total-network-hashrate is quite low,
so when a few ASIC-owners join, they push the difficulty into limits that the rest of the network can not handle once the ASICs leave.
And that's exactly what's happening the last couple of days, when the difficulty is low, ASICs join and push it high up to the sky, then leave and remaining miners need hours and hours to create a single block (and probably also leave because it's not profitable anymore).

[drawingthesun]

Bytecoin is taking over

Well its been far more consistent mining Byte, and at least the diff can't just jump around like mad because its a Bit clone. Which I'm surprised was never attempted before.

[psybits]

Anyone want to let me and everyone else know what's going on with the TRC network?

It's not 0.0GH/s,
not sure what it is, but TRC-p2pool is currently at ~2.2GH/s.

The problem is, that the total-network-hashrate is quite low,
so when a few ASIC-owners join, they push the difficulty into limits that the rest of the network can not handle once the ASICs leave.
And that's exactly what's happening the last couple of days, when the difficulty is low, ASICs join and push it high up to the sky, then leave and remaining miners need hours and hours to create a single block (and probably also leave because it's not profitable anymore).

Good points. Well if people want TRC to survive they should mine it to help out. Especially if they have some as they won't be able to send in to anyone or trade it at the moment!

[lassdas]

Bytecoin is taking over

Well its been far more consistent mining Byte, and at least the diff can't just jump around like mad because its a Bit clone. Which I'm surprised was never attempted before.

The funny thing is, it works on Bytecoin just the same way.
As long as the total-network-hashrate is low, ASICs are a threat.

[Garr255]

Hopping in with 20+gh. I have no ASICs (yet) but it's the best I can do. Who's with me?!

[drawingthesun]

Bytecoin is taking over

Well its been far more consistent mining Byte, and at least the diff can't just jump around like mad because its a Bit clone. Which I'm surprised was never attempted before.

The funny thing is, it works on Bytecoin just the same way.
As long as the total-network-hashrate is low, ASICs are a threat.

The big difference is the difficulty can only Jump 4x every 2016 blocks.

TRC the difficulty can jump much much higher.

[drawingthesun]

Hopping in with 20+gh. I have no ASICs (yet) but it's the best I can do. Who's with me?!

Whoa, thats a lot of hash power for a non-ASIC!

[lassdas]

Bytecoin is taking over

Well its been far more consistent mining Byte, and at least the diff can't just jump around like mad because its a Bit clone. Which I'm surprised was never attempted before.

The funny thing is, it works on Bytecoin just the same way.
As long as the total-network-hashrate is low, ASICs are a threat.

The big difference is the difficulty can only Jump 4x every 2016 blocks.

TRC the difficulty can jump much much higher.

ORLY?

Let's see, here's the last TRC-diff-switches:
2542.17 x4
10168.683 x4
40674.735 x4
162698.94

Sure, on Bytecoin it needs more blocks to raise the difficulty, but it also needs more blocks to drop, so it's basically the same problem.

[CryptoJunky]

I'm in with the little I've got!

[caish5]

I'm in too

[btbrae]

The show must go on! I'm in.

[psybits]

Awesome!

I think they are working on the difficulty issue as well 

You guys rock 

[BugSpirit]

I've got 250 TRC stuck in unconfirmed transaction. Help me, guys!  

[roy7]

Coinotron shows 48.2 GH currently.

[psybits]

Coinotron shows 48.2 GH currently.

Awesome 

[caish5]

Someone come join us at multipool.in
There's only 2 of us!