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Author Topic: Feathercoin [FTC]  (Read 437848 times)
aciddude
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March 04, 2018, 11:30:33 AM
 #3501

Hi all,

am I the only one who has the impression that all known pools are currently "out of luck"?

Could it be that some pretty big player has started to hash with his own pool without anybody knowing it? Or why else seem most pools currently not finding any block?

the official pool that I run    pool.feathercoin.com mined a block around an hour ago....i've had no reported errors.  We find blocks fine we just have a low hash rate because we only brought the pool up a few weeks ago.




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aciddude
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March 04, 2018, 11:37:01 AM
 #3502

Volume $3.1 million! That is AWESOME  Grin Grin Grin
Coinbase bringing SegWit online - would be amazing if they picked up FTC!!!  Shocked Shocked Shocked

:-) !  24 hr Volume has gone past $ 6.5 million  or 604 BTC.

Upbit seems to be leading the way this time which is interesting because  Bittrex for the longest time has usually been the leader with the most volume.

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marecek666
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March 04, 2018, 12:24:52 PM
 #3503

Hi all,

am I the only one who has the impression that all known pools are currently "out of luck"?

Could it be that some pretty big player has started to hash with his own pool without anybody knowing it? Or why else seem most pools currently not finding any block?
Miningpoolhub is doing well, there is a block every several minutes. Currently round estimate 3,5 min with around 40% of whole FTC network. But this is not very good for FTC. Hashrate should be more distributed to other pools.

others:
Theblocksfactory has only about 40MH/s with rounds in several hours. You can see that they reduced fee to 0% from the moment when miners gone. They had 2% fee before.
Give-Me-Coins has longer constant rate in the range 100-200MH/s with estimated rounds about 1-2 hour. They apply 1% fee but only 30 confirmations to payout (the best value among other FTC pools). Their luck is weak last days.

And in general, yes there is "somebody" with stronger hashrate who sometimes run in the FTC network. It was visible last days, when network diff was higher than ussual. Maybe it is the load from a multipool or a private bigger pool, who knows...


the official pool that I run    pool.feathercoin.com mined a block around an hour ago....i've had no reported errors.  We find blocks fine we just have a low hash rate because we only brought the pool up a few weeks ago.
could you tell me why do you apply 125 confirmations for payout? Official pool should have better conditions. Why do we have 6 confirmations for the blocks to be accepted and irreversible and some pools still work with 100+ confirmations?
aciddude
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March 04, 2018, 01:00:19 PM
 #3504

Quote
the official pool that I run    pool.feathercoin.com mined a block around an hour ago....i've had no reported errors.  We find blocks fine we just have a low hash rate because we only brought the pool up a few weeks ago.
could you tell me why do you apply 125 confirmations for payout? Official pool should have better conditions. Why do we have 6 confirmations for the blocks to be accepted and irreversible and some pools still work with 100+ confirmations?


We can lower it at any time.   I'll make it a little better than give-me-coins at 25 confirms before payout.

FTC API + Block Explorer https://fsight.chain.tips
marecek666
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March 04, 2018, 02:04:58 PM
 #3505

Quote
the official pool that I run    pool.feathercoin.com mined a block around an hour ago....i've had no reported errors.  We find blocks fine we just have a low hash rate because we only brought the pool up a few weeks ago.
could you tell me why do you apply 125 confirmations for payout? Official pool should have better conditions. Why do we have 6 confirmations for the blocks to be accepted and irreversible and some pools still work with 100+ confirmations?


We can lower it at any time.   I'll make it a little better than give-me-coins at 25 confirms before payout.
sounds good, I will try to promote this official pool around "my people" and moving 1 of my miner to it for the test how stable will the mining be here.

edit1: could you explain how the payout is working here? I can see mined block 2113227, confirmed, but in the statistics there is PPLNS Shares 0, Actual Shares 0, Percentage 0 and there is no payout for it (in the dashboard there is confirmed / unconfirmed - 0 too). How long does it take to your pool to distribute block reward among the miners?

edit2: and is there everything set well? I can see that your pool mined more blocks in the real than it is in the blocks section on its webpage. Currently can see that blocks 2099990, 2111177, 2113284 were mined by your pool but they are not visible and were not payed out to miners. You can see pool blocks from the pool page and compare it with the pool wallet where generated blocks are payed out (in chain explorer).
https://imgur.com/a/XcIGP
compare blocks with this
https://chainz.cryptoid.info/ftc/address.dws?6h6DfhjXWCnioT5kg5xgKkduhDfV3HNbJ8.htm
marinabushneva
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March 05, 2018, 06:29:29 AM
 #3506

Hello everybody! I don't really understand - is the road map going right or will it change now?
aciddude
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March 05, 2018, 08:01:37 AM
 #3507

Quote
the official pool that I run    pool.feathercoin.com mined a block around an hour ago....i've had no reported errors.  We find blocks fine we just have a low hash rate because we only brought the pool up a few weeks ago.
could you tell me why do you apply 125 confirmations for payout? Official pool should have better conditions. Why do we have 6 confirmations for the blocks to be accepted and irreversible and some pools still work with 100+ confirmations?


We can lower it at any time.   I'll make it a little better than give-me-coins at 25 confirms before payout.
sounds good, I will try to promote this official pool around "my people" and moving 1 of my miner to it for the test how stable will the mining be here.

edit1: could you explain how the payout is working here? I can see mined block 2113227, confirmed, but in the statistics there is PPLNS Shares 0, Actual Shares 0, Percentage 0 and there is no payout for it (in the dashboard there is confirmed / unconfirmed - 0 too). How long does it take to your pool to distribute block reward among the miners?

edit2: and is there everything set well? I can see that your pool mined more blocks in the real than it is in the blocks section on its webpage. Currently can see that blocks 2099990, 2111177, 2113284 were mined by your pool but they are not visible and were not payed out to miners. You can see pool blocks from the pool page and compare it with the pool wallet where generated blocks are payed out (in chain explorer).
https://imgur.com/a/XcIGP
compare blocks with this
https://chainz.cryptoid.info/ftc/address.dws?6h6DfhjXWCnioT5kg5xgKkduhDfV3HNbJ8.htm


the cron job for payouts and finding blocks is a bit tricky.  Once we find more blocks at a consistent rate the scripts perform better.   I have alerts on the pool so usually get to it within a few hours if the cron job fails. 

If it does fail it doesnt affect payouts or shares as it's only for the 1 block it failed on.

If you check the pool blocks page now you'll see it's all running as normal now and matches with the block explorer.


FTC API + Block Explorer https://fsight.chain.tips
marecek666
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March 05, 2018, 11:00:27 AM
 #3508

the cron job for payouts and finding blocks is a bit tricky.  Once we find more blocks at a consistent rate the scripts perform better.   I have alerts on the pool so usually get to it within a few hours if the cron job fails. 

If it does fail it doesnt affect payouts or shares as it's only for the 1 block it failed on.

If you check the pool blocks page now you'll see it's all running as normal now and matches with the block explorer.
thanks for the explanation, so pool needs more hashpower. But blocks 2099990 and 2111177 are still missing in the blocks pool page.
And I apologize for annoyance, but really want to have fully trustworthy pool for FTC (especially if it is official coin pool), so please make sure that everything is working great.
MiBambino
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March 05, 2018, 08:29:09 PM
 #3509

I still expect this badboy to go up x10 this year. Litecoin is set to do the same so its fork should be able to achieve the same if the development doesn't stall

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marecek666
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March 07, 2018, 11:04:22 AM
 #3510

the cron job for payouts and finding blocks is a bit tricky.  Once we find more blocks at a consistent rate the scripts perform better.   I have alerts on the pool so usually get to it within a few hours if the cron job fails. 

If it does fail it doesnt affect payouts or shares as it's only for the 1 block it failed on.

If you check the pool blocks page now you'll see it's all running as normal now and matches with the block explorer.
I am sorry but have to move my test miner somewhere to other pool. Connection is very stable, my rejected shares are deeply under 0,5% which is well. But there is still problem with blocks. Blocks 2099990 and 2111177 are still missing in the blocks pool page and it is more than 3 days and your pool still have not listed them.
Today last statistics:
your pool reports these last blocks mined: 2116337, 2116246 and 2115464 but compare to the public FTC chain explorer the wallet which receives rewards from this pool mined 1 more: 2116293 which is not listed in the blocks pool page and should be if there is another newer which is listed. So there is something really not fully configured or something other is happening here.  Undecided
aciddude
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March 08, 2018, 02:38:51 PM
 #3511

could you tell me why do you apply 125 confirmations for payout? Official pool should have better conditions. Why do we have 6 confirmations for the blocks to be accepted and irreversible and some pools still work with 100+ confirmations?


Going back to this.  The 120 confs is coded into the software. It's for newly mined blocks. Newly mined blocks are immature and "unspendable" until they are confirmed 120 time....after 120 confs they are considered "mature" and you're able to spend them.


this is why most pools do 120 confs as most coins have this set as standard (left over from Bitcoin source) - Some coins have changed this however...



If we lower the confirmation payout - the pool basically has to have a surplus of "liquid assets" - in other words you have to have a surplus of mined coins in order to pay out at 25 confirms. 

make sense ?


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marecek666
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March 08, 2018, 02:50:39 PM
 #3512

...
make sense ?
I understand, so pools with payout confirmations under 120 are paying out from their budget before coins are mature. This, in my opinion, gives more credibility to these pools.
aciddude
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March 08, 2018, 03:53:55 PM
 #3513

...
make sense ?
I understand, so pools with payout confirmations under 120 are paying out from their budget before coins are mature. This, in my opinion, gives more credibility to these pools.


Yes correct.  I'm currently doing this right now on the official Feathercoin Pool at my own expense        pool.feathercoin.com

Also - I've sorted out the cronjob issues and blockfinding issues so moving forward the pool is operating as normal with good efficiency.



Usually a pool will start with 120 Confs and 0% fee - once they build up a user base and they need more powerful servers to serve the pool users, they usually apply fees to cover costs.

If the pool has anything left over as liquid assets after the hosting fees, they can choose to allow a lower conf time for payouts, thus paying out the users faster from their liquid assets.

 

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marecek666
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March 08, 2018, 05:21:24 PM
 #3514

...
make sense ?
I understand, so pools with payout confirmations under 120 are paying out from their budget before coins are mature. This, in my opinion, gives more credibility to these pools.


Yes correct.  I'm currently doing this right now on the official Feathercoin Pool at my own expense        pool.feathercoin.com

Also - I've sorted out the cronjob issues and blockfinding issues so moving forward the pool is operating as normal with good efficiency.



Usually a pool will start with 120 Confs and 0% fee - once they build up a user base and they need more powerful servers to serve the pool users, they usually apply fees to cover costs.

If the pool has anything left over as liquid assets after the hosting fees, they can choose to allow a lower conf time for payouts, thus paying out the users faster from their liquid assets.

 
ok and thanks for great job
I will make a how-to-start webpage in my local language and want to use FTC and it's official pool as an example for GPU miners and really appreciate well working pool.
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March 09, 2018, 08:14:58 AM
 #3515

~ 1000 blocks to segwit signal?

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March 10, 2018, 01:42:41 AM
 #3516

~ 1000 blocks to segwit signal?
Time to go all in 😁

reddit.com/r/kinfoundation
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March 10, 2018, 02:01:55 AM
 #3517

Is there a list of, or does anyone here know of, mining programmes for Feathercoin. The only one I've come across so far is NSGminer and I was looking to see if there is a better one available.
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March 10, 2018, 06:47:09 PM
 #3518

~ 1000 blocks to segwit signal?
Time to go all in 😁
The last time the 20day indicator crossed the 50day indicator like this we went from 1k satoshi to 4k. If we experience a similar increase it'll be 3k satoshi to 12k satoshi.

reddit.com/r/kinfoundation
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March 11, 2018, 07:55:02 AM
 #3519

when discussing technical issues I can not understand them and I wonder why I'm here?)
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March 11, 2018, 01:10:34 PM
 #3520

when discussing technical issues I can not understand them and I wonder why I'm here?)

FTC has been very stable, and its unique algorithm is very energy efficient. Many projects recently began to use neoscrypt algorithm. This is a very important reason. FTC has been four years, and has also brought considerable income.
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