Feathercoin [FTC]

[aciddude]

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 ?

[marecek666]

...
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]

...
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.

 

[marecek666]

...
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.

[gavrilo77]

~ 1000 blocks to segwit signal?

[Priceslide]

~ 1000 blocks to segwit signal?

Time to go all in 😁

[Call_Me_Bambi]

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.

[Priceslide]

~ 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.

[igorkupcov3009]

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

[happypencil]

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.

[Turdle]

New Pool still in Beta

Please throw me a little hash so I can get the kinks worked out. Thanks.

stratum+tcp://174.53.128.207:4233

[trinhdinhthang20007]

~ 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.

I fully believe in that, if the BTC recovery then the FTC ability to reach the top 15k. I'm still watching this coin every day.

[xpl1]

https://i.imgur.com/HZQAKSY.png

got a wall here impeding you guys' hopes and dreams

[Priceslide]

got a wall here impeding you guys' hopes and dreams

It's only a million. At 3600 it's a good deal.

[mayers8851]

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.

Fastest miner for AMD: https://bitcointalk.org/index.php?topic=3012600

[Sophia Portera]

heey Check out Fethercoin +16% https://www.coinranker.net/cryptocurrency/feathercoin today. Great!

[komodomining]

MiningPools.cloud is proud to announce NEW DEDICATED FEATHERCOIN MINING POOL (FTC) - NEOSCRYPT
http://miningpools.cloud/?pool=feathercoin

FEATURES
- Nice realtime interface, complete stratum and layout rewrite! ( NO YIIMP or MPOS )  
- Reward type: PROP (Proportional. When block is found, the reward is distributed among all workers proportionally to how much shares each of them has found)
- Minimum Auto Payout: 1 FTC
- Address.workers for multiple stats
- Personal mining stats
- Stratum and auto vardiff for efficient mining
- NICEHASH SPECIAL PORT 5550
- Backup server cluster for high High Availability & Downtime
- Payouts are done 5 minutes
- 0% Mining fee ( until end of month )
- Support with Gitter and Discord chat

STRATUM EU:
* stratum+tcp://ftc.miningpools.cloud:4440 ( Automatic VarDiff start from 128 - suitable for CPU and GPUs )
* stratum+tcp://ftc.miningpools.cloud:5550 ( SPECIAL PORT for NICEHASH and BIG FARM - Automatic VarDiff )

STRATUM ASIA
* stratum+tcp://ftc-asia.miningpools.cloud:4446 ( Automatic VarDiff start from 128 - suitable for CPU and GPUs )
* stratum+tcp://ftc-asia.miningpools.cloud:5556 ( SPECIAL PORT for BIG FARM - Automatic VarDiff )

STRATUM USA
* stratum+tcp://ftc-us.miningpools.cloud:4446 ( Automatic VarDiff start from 128 - suitable for CPU and GPUs )
* stratum+tcp://ftc-us.miningpools.cloud:5556 ( SPECIAL PORT for BIG FARM - Automatic VarDiff )

Join our pool
MININGPOOLS.CLOUD

[marecek666]

MiningPools.cloud is proud to announce NEW DEDICATED FEATHERCOIN MINING POOL (FTC) - NEOSCRYPT
http://miningpools.cloud/?pool=feathercoin

FEATURES
- Nice realtime interface, complete stratum and layout rewrite! ( NO YIIMP or MPOS )  
- Reward type: PROP (Proportional. When block is found, the reward is distributed among all workers proportionally to how much shares each of them has found)
- Minimum Auto Payout: 1 FTC
- Address.workers for multiple stats
- Personal mining stats
- Stratum and auto vardiff for efficient mining
- NICEHASH SPECIAL PORT 5550
- Backup server cluster for high High Availability & Downtime
- Payouts are done 5 minutes
- 0% Mining fee ( until end of month )
- Support with Gitter and Discord chat

STRATUM EU:
* stratum+tcp://ftc.miningpools.cloud:4440 ( Automatic VarDiff start from 128 - suitable for CPU and GPUs )
* stratum+tcp://ftc.miningpools.cloud:5550 ( SPECIAL PORT for NICEHASH and BIG FARM - Automatic VarDiff )

STRATUM ASIA
* stratum+tcp://ftc-asia.miningpools.cloud:4446 ( Automatic VarDiff start from 128 - suitable for CPU and GPUs )
* stratum+tcp://ftc-asia.miningpools.cloud:5556 ( SPECIAL PORT for BIG FARM - Automatic VarDiff )

STRATUM USA
* stratum+tcp://ftc-us.miningpools.cloud:4446 ( Automatic VarDiff start from 128 - suitable for CPU and GPUs )
* stratum+tcp://ftc-us.miningpools.cloud:5556 ( SPECIAL PORT for BIG FARM - Automatic VarDiff )

Join our pool
MININGPOOLS.CLOUD

will your FTC pool be available or no?

[sm69ny]

Hi everyone!  What's the best way to upgrade to the latest wallet without (of course) losing my coins and without re-downloading the blockchain?  Thanks in advance.

[onionpealer]

Hi everyone!  What's the best way to upgrade to the latest wallet without (of course) losing my coins and without re-downloading the blockchain?  Thanks in advance.

I've not tried this with Feathercoin but with other coin wallets what I do is,
1: Backup your original wallet somewhere safe.
2: Rename your original wallet and any other folders created by the FTC wallet (this makes sure you still have it if something goes wrong).
3: Install new wallet, start it then shut it down after a few seconds (this will create any additional folders required).
4: Delete. or rename, newly created blockchain folder and replace with your old, saved, blockchain folder.
5. Restart wallet app.

Hope this helps.