[FRC] - Difficulty Adjustment fork SUCCESSFUL!

[Bicknellski]

Many aren't I guess

All the sites seem to be lagging.


http://dustcoin.com/mining not updated.
http://www.coinwarz.com/cryptocurrency not updated. Updated
http://1.cr.rs/ not updated. Updated
http://pool.cr.rs/ not updated. Updated
https://coinotron.com/ Updated
http://cryptocoinexplorer.com:4750/ not updated. Updated

Dustcoin only one left, any others not updated?

Does it matter? If all listed websites go offline and never come online afterwards, would it hurt Freicoin? Yes, but not much. What would hurt a lot is if exchanges stay on old blockchain.

True that... but nice to know people fixed things up fast and are reporting it correctly. Hard to get hash rate up if people think the coin is still flatlined. Those sites do provide good info to many people. Here is hoping that translates to a larger bump in hash this week.

[Impaler]

what happened ? i was making 4k FRC / day 5 mins ago and now 2k ? im going back to BTC ...

That 4K estimate can't have been right, during the slump we were seeing less then 2K FRCs created in a whole day due to low block rates.  I suspect what ever produced the 4K estimate was weighting your hash power against the network total but not looking at the networks blockrate.  If the network is at target block rate it will create ~32K coins, so 4K would be 12% of that which is about what 4-5 GH/s would represent.

In reality everyone's mining has jumped by a factor of 4 and as hash rates rebound the networks block rate will rebound by more then 4.

[galambo]

we're there!!!

[Impaler]

As of right now we would need around 250 GH/s to reach target blocks and networks running at around 50-60 at the moment.  So we will see blocks just under an hour apart and every 8-9 hours we will get a difficulty drop that will push profitability higher and attract more miners.  As we saw a rebound in FRC valuation back to the .0004 it had been at just before the hash-crash the profitability is right back at near 100% relative to BTC.  Price stability has been quite impressive over this difficult period with a drop of only about 25% which has now been fully recouped.

[rammy2k2]

im not getting any payments from coinotron .. anyone else?

[Wilderness]

im not getting any payments from coinotron .. anyone else?

just switched back to FRC will let you know - in the past I've had the same thing and the guy from Coinotron did manual payments until he got it sorted. Wouldn't be surprised if it was the same thing.

[Bicknellski]

Hitting the p2p pool.freico.in hard and I am loving the DIFFICULTY drops certainly makes it worthwhile again to mine.

[rammy2k2]

Hitting the p2p pool.freico.in hard and I am loving the DIFFICULTY drops certainly makes it worthwhile again to mine.

pool.freico.in dosent open for me

[Impaler]

Hash rates are around 150 GH/s now, with 205 as the target rate so were at 75% of needed hash-rates.

[rammy2k2]

Hash rates are around 150 GH/s now, with 205 as the target rate so were at 75% of needed hash-rates.

i would move my blade on FRC too ... but i dont know a good pool ...

[Bicknellski]

Hash rates are around 150 GH/s now, with 205 as the target rate so were at 75% of needed hash-rates.

i would move my blade on FRC too ... but i dont know a good pool ...

http://www.freicoin.org/mining-pools-list-for-frc-t251.html

Active Pools

http://pool.freico.in:9638/
https://www.coinotron.com/
http://freipool.com/
http://2coin.org
https://www.multipool.in
http://frcpool.com:9638
https://pool.cr.rs

Proposed & Beta Test Pools

none

Closed Pools

http://openp2pool.com [Closed]

Questionable Pools

[SCAM WARNING]  http://frc.vpool.us/about  https://bitcointalk.org/index.php?topic=158267.40
FRC vpool and all other vpools seem to have issues in terms of it's developers ability to pay out correctly either purposefully or intentionally. Be warned. There are excellent reputable pools listed above so use those before Vpool. You have been warned.

Start your own Pool

If anyone else wants to run their own p2pool instance, the code is hosted on github:

https://github.com/freicoin/p2pool

Pool API's

API's for your pools please post here in this thread so those who make block explorers for Freicoin like this: http://1.cr.rs/  they can add your pool to the graph. Thanks.

[Impaler]

FRC reaches 10 minutes block time target!!!

In an amazing display of technical proficiency the FRC difficulty fork brings the block chain to the target 10 minute time frame in just 19 hours by a combination of lower difficulty and profitability-induced return of hashing power!

Their will now likely be ~6-12 hours of modest under-shoot followed by rapid stabilization at what ever hash rate corresponds to what ever price the marketplace chooses for FRC (at a .00038 rate that would be roughly 350 GH/s to be at parity with BTC profitability).  We should never see such a slow block rate again as the new algorithm can adjust rapidly enough to accommodate virtually any future shifts we are likely to see.  We believe our algorithm will become the new gold standard for any alt-chain and may even be of use in BTC itself.

The next major development goal for FRC will be a block-chain compression which will alleviate the massive download necessary to become a user of any crypto-coin.  Our lead developer has been funded for 3 months to work full-time on it by evoorhees on behalf of SatoshiDICE.  Again this will be back compatible with BTC and may find it's way upstream.  You can read more here

https://bitcointalk.org/index.php?topic=204283.0

Make no mistake FRC is back and isn't resting on it's laurels.

[coinotron]

That's it!  

Let me check...

Nah...  It ain't me  It's contributor mavric at coin-o-tron actually, too bad the pool is keeping the transaction fees.

I'm going for block 28336!

My freicoin client API is also reading 148K difficulty.

Block 28335 was solved by Coinotron. 1000 FRC goes to user mavric ! As soon as block 28335 reaches 120 confirmations

This morning, I sent 1000 FRC to lucky winner: mavric.

[Bicknellski]

That's it!  

Let me check...

Nah...  It ain't me  It's contributor mavric at coin-o-tron actually, too bad the pool is keeping the transaction fees.

I'm going for block 28336!

My freicoin client API is also reading 148K difficulty.

Block 28335 was solved by Coinotron. 1000 FRC goes to user mavric ! As soon as block 28335 reaches 120 confirmations

This morning, I sent 1000 FRC to lucky winner: mavric.

LOVE THE COINOTRON!

[ehoffman]

Sadly, the FRC value is "crashing", everyone seems to just be dumping right now.  Hashrate is pretty high, so expect profitability to get worse

[Mike270]

Sadly, the FRC value is "crashing", everyone seems to just be dumping right now.  Hashrate is pretty high, so expect profitability to get worse

Look at the trading volume - much of the rise and fall was done at very little volume, sometimes only two-digit amounts of FRC.

[bitdwarf]

Same happened for FTC. Stuck difficulty means few new coins are minted and old coins reach the exchanges more slowly.

Unstuck difficulty equals more coins and faster dumping. Buyers are a lot slower to rejoin the market because they have a lot of other options.

[Mike270]

Kids are growing up so fast these days....


where it took ~3 weeks for my last block from solo-mining before the fork to mature, they now mature within a few hours.  

[rammy2k2]

stop selling so cheap damn it !

[Lowlander]

God save