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Author Topic: Feathercoin [FTC]  (Read 409947 times)
MashRinx
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April 20, 2013, 04:32:13 AM
 #781

Its on the top ...  WELCOME DUDE1234, ACTIVE ACCOUNT: 0.2% POOL FEE

Okay, fair enough.  I agree, and do retract my statements as I said I would.

That being said, it should be much more visible than as a message when someone logs into the pool.

Were you looking for a free pool?  Servers do cost money and I believe a 2% fee is very reasonable.

The only thing I can think of is placing the fee in the 'About' area also?


Using the currently most popular Bitcoin pool as as example, going to www.btcguid.com includes text that is very clear on what to pool fees are:
Quote
BTC Guild offers two methods for miners to receive payments. Pay-per-Share (PPS) provides miners with the lowest variance of any pool payment system, at a 5% fee, and Pay-per-Last-N-Shares (PPLNS), at a 3% fee, which has some variance, but also includes block transaction fees.

Once I saw that there was a fee being subtracted from my mining, I really did try to go through the different pages of the pool to find an explanation and could not find one.  I certainly understand a pool does have costs associated to it.  With such a new coin, and the pool as well, I was too quick to come to a point of judgement (shame on me) but I do suggest that stating any and all fees early and often is always a good approach.  The fees you ARE charging do appear to be more than reasonable, given the circumstances.




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thep33t
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April 20, 2013, 05:16:14 AM
 #782

Its on the top ...  WELCOME DUDE1234, ACTIVE ACCOUNT: 0.2% POOL FEE

Okay, fair enough.  I agree, and do retract my statements as I said I would.

That being said, it should be much more visible than as a message when someone logs into the pool.

Were you looking for a free pool?  Servers do cost money and I believe a 2% fee is very reasonable.

The only thing I can think of is placing the fee in the 'About' area also?


Using the currently most popular Bitcoin pool as as example, going to www.btcguid.com includes text that is very clear on what to pool fees are:
Quote
BTC Guild offers two methods for miners to receive payments. Pay-per-Share (PPS) provides miners with the lowest variance of any pool payment system, at a 5% fee, and Pay-per-Last-N-Shares (PPLNS), at a 3% fee, which has some variance, but also includes block transaction fees.

Once I saw that there was a fee being subtracted from my mining, I really did try to go through the different pages of the pool to find an explanation and could not find one.  I certainly understand a pool does have costs associated to it.  With such a new coin, and the pool as well, I was too quick to come to a point of judgement (shame on me) but I do suggest that stating any and all fees early and often is always a good approach.  The fees you ARE charging do appear to be more than reasonable, given the circumstances.


A 0.2% fee is very low. Cryptocurrency fees are a common thing, so one should expect it. It being on every page you visit, IMHO, is more than enough to justify the miniscule fee.

Feathercoin Pool - http://feathercoin.is-a-geek.com - [PPLNS][0% Fees]
FTC: 6sf5CgurY5axcd2cwDHmiwdVMdAF9fw6pU       BTC: 1J74TaaKuNMoy25TP5vXKG2Jw8yg1sqyyQ       BTE: 8QZ2XiantPF8eWmzayo5WaXyYC8unBq5ZC     LTC: LatpwWc4GQyF2teKegZHiDGEGdNEKqEPTT
wtman
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April 20, 2013, 05:51:35 AM
 #783

We need to try and get on btc-e and vircurex  Cool
MarKusRomanus
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April 20, 2013, 06:26:52 AM
 #784

Feathercoin mining difficulty just jumped from  3.50304097 to 7.76718663
riku2015
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April 20, 2013, 06:47:57 AM
 #785

Feathercoin mining difficulty just jumped from  3.50304097 to 7.76718663

noticed the same :DD alot big rigs ppl are horny mining they getting dif up Tongue
Operatr
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April 20, 2013, 06:54:38 AM
 #786

I just put my new mining machine on it, throwing about 900 Khash at it Cheesy

MarKusRomanus
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April 20, 2013, 07:07:42 AM
 #787

I just put my new mining machine on it, throwing about 900 Khash at it Cheesy
There is a miner in the one pool with over 36,000 khs  and about 10 miners ther with 10,000+
maunderingcabal
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April 20, 2013, 08:21:24 AM
 #788

I have tried multiple pools, and the shares accepted are very slow. Is this normal? I have 500-600 KHs and it's running like the share difficulty is very high?!

You like my post? Buy me a beer for ฿0.01
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klenker
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April 20, 2013, 08:28:13 AM
 #789

I just put my new mining machine on it, throwing about 900 Khash at it Cheesy
There is a miner in the one pool with over 36,000 khs  and about 10 miners ther with 10,000+

Indeed, I noticed them appear about the same time the pool started to have connection problems and wouldn't let me connect.

Feels a bit like I was walking in a park picking berries off a tree when along comes a bulldozer and clears up all the trees. lol

BTC: 1LJk6Ck83fqwoCzFB7KqHVkurhsFfuk9zv
LTC: LP1LBMd4Cxth8uada3wF2kTZu8ub7LfyRH
FTC: 6gsQ1WqzpEi8ioQ3irkhjVj8z7Wznos12C
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Redjuice
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April 20, 2013, 11:46:34 AM
 #790

Hey guys,

I'm trying to solo mine FC.

I've setup my feathercoin.conf file per guides, lauched feathercoin-qt as a server.

I run my cgminer with http://127.0.0.1:8100 with correct -u and -p, hashing at a reasonable rate.

Cgminer shows:

Probing for alive pool
No suitable long-poll found for http://127.0.0.1:8100
New block detected on network (and on and on)

My questions are:

*  Am I now solo mining?
* Do I need to see the "pool 0 alive http://127.0.0.1:8100" in cgminer or doesn't that matter when solo mining?
* Do I need to click on the "start mining" button in the feathercoin-qt mining window? Or can I ignore that completely and just launch cgminer?

Thanks in advance!

EDIT: My feathercoin.conf file contains:

server=1
daemon=1
rpcuser=miner
rpcpassword=12345
rpcport=8100

LTC: LfFgG1CW398unJbczbXxrJmoZLCzotQJFS
FC: 6o6DuDirFo24bMTTVTgBizAKD5QuCBbmaY
sikman
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April 20, 2013, 12:00:49 PM
 #791

Hey guys,

I'm trying to solo mine FC.

I've setup my feathercoin.conf file per guides, lauched feathercoin-qt as a server.

I run my cgminer with http://127.0.0.1:8100 with correct -u and -p, hashing at a reasonable rate.

Cgminer shows:

Probing for alive pool
No suitable long-poll found for http://127.0.0.1:8100
New block detected on network (and on and on)

My questions are:

*  Am I now solo mining?
* Do I need to see the "pool 0 alive http://127.0.0.1:8100" in cgminer or doesn't that matter when solo mining?
* Do I need to click on the "start mining" button in the feathercoin-qt mining window? Or can I ignore that completely and just launch cgminer?

Thanks in advance!

I also have the extact same problem "New block detected on network (and on and on)" using same port and I also opened up port 9336 on my router


bushstar
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April 20, 2013, 12:04:25 PM
 #792

Hey guys,

I'm trying to solo mine FC.

I've setup my feathercoin.conf file per guides, lauched feathercoin-qt as a server.

I run my cgminer with http://127.0.0.1:8100 with correct -u and -p, hashing at a reasonable rate.

Cgminer shows:

Probing for alive pool
No suitable long-poll found for http://127.0.0.1:8100
New block detected on network (and on and on)

My questions are:

*  Am I now solo mining?
* Do I need to see the "pool 0 alive http://127.0.0.1:8100" in cgminer or doesn't that matter when solo mining?
* Do I need to click on the "start mining" button in the feathercoin-qt mining window? Or can I ignore that completely and just launch cgminer?

Thanks in advance!

You are correctly solo mining. The difficulty is high enough that it may take a long time to solve a block. I would suggest joining the pool linked in below to mine.

http://fc.dontmine.me/

Ignore the mining tab in the GUI and use cgminer.
trinsic
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April 20, 2013, 12:07:25 PM
 #793

That's how solo mining works, you don't get shares you get entire blocks and you simply have to wait till you solve a block with no indication of when.

* If cgminer connects then you've basically answered your question as to if you're mining. cgminer wont do anything otherwise.
* If it's dead it wont mine.
* No, that's for CPU mining, just launch cgminer.

New block being detected is normal. The only other command you'll see is an accepted/rejected of the block.
Redjuice
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April 20, 2013, 12:13:12 PM
 #794

Awesome - thanks for the responses guys.

LTC: LfFgG1CW398unJbczbXxrJmoZLCzotQJFS
FC: 6o6DuDirFo24bMTTVTgBizAKD5QuCBbmaY
Redjuice
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April 20, 2013, 12:16:03 PM
 #795


You are correctly solo mining. The difficulty is high enough that it may take a long time to solve a block. I would suggest joining the pool linked in below to mine.

http://fc.dontmine.me/

Ignore the mining tab in the GUI and use cgminer.

Quick question on the pool - on the manual cash out option, it says it charges a 0.1 ltc fee. I'm guess typo? Cheesy

LTC: LfFgG1CW398unJbczbXxrJmoZLCzotQJFS
FC: 6o6DuDirFo24bMTTVTgBizAKD5QuCBbmaY
serge79
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April 20, 2013, 01:18:25 PM
 #796


You are correctly solo mining. The difficulty is high enough that it may take a long time to solve a block. I would suggest joining the pool linked in below to mine.

http://fc.dontmine.me/

Ignore the mining tab in the GUI and use cgminer.

Quick question on the pool - on the manual cash out option, it says it charges a 0.1 ltc fee. I'm guess typo? Cheesy

Yes it is, it's 0.1 FC :-)

I found same amount it's charged by other FC pools. I also found same fee applies in case of very low amount payment from my wallet to another one. (0.03 FC). It says the 0.1 will go to nodes confirming transactions.

Radacoin
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April 20, 2013, 01:39:38 PM
 #797

Feathercoin mining difficulty just jumped from  3.50304097 to 7.76718663

I am solo mining. Why does cgminer report difficulty 509k then?
psybits
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April 20, 2013, 01:48:33 PM
 #798

Guys, for all of us wanting to help setup feathercoin.cc , create a faucet, create bounties, and more I have made us a thread to organise these things: https://bitcointalk.org/index.php?topic=181443.0

Let's do it  Grin

Also, I have added a petition to petition BTC-e to add FC:

https://bitcointalk.org/index.php?topic=181431.0

There is currently a 20 000 FC bounty for the first exchange to support FC

thep33t
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April 20, 2013, 01:49:27 PM
 #799

Feathercoin mining difficulty just jumped from  3.50304097 to 7.76718663

I am solo mining. Why does cgminer report difficulty 509k then?

That shows the average number of difficulty 1 shares required to find a block.

Feathercoin Pool - http://feathercoin.is-a-geek.com - [PPLNS][0% Fees]
FTC: 6sf5CgurY5axcd2cwDHmiwdVMdAF9fw6pU       BTC: 1J74TaaKuNMoy25TP5vXKG2Jw8yg1sqyyQ       BTE: 8QZ2XiantPF8eWmzayo5WaXyYC8unBq5ZC     LTC: LatpwWc4GQyF2teKegZHiDGEGdNEKqEPTT
fundamentals
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April 20, 2013, 01:51:38 PM
 #800

Feathercoin mining difficulty just jumped from  3.50304097 to 7.76718663

I am solo mining. Why does cgminer report difficulty 509k then?

cgminer uses a factor of 65536 * difficulty, i.e. 7.7 * 65536 = 509k
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