cryptohunter
Legendary
 Offline
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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June 06, 2013, 11:19:39 PM |
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lol network hashrate now = 10 x network hashrate a few hours ago
Yeah this is not that good actually since the coin diff does not retarget like dgc and wdc. If price drops and miners leave this coin will suffer the same fate as cnc and ftc. That has been my main worry from the outset. I hope this will not kill this coin too. Don't worry developers won't let it die like FTC and CNC. They have done a lot hard work. Yes they are great devs for websites and such, however it seems repairing a coin is different even the guy from FTC who is a super boffin at this stuff from oxford can't fix feathercoins problems and that was a massive coin after a couple of weeks. I asked these diff retarget questions at the begining and nobody answered. Now we will find out what happens. Lets hope the price keeps climbing or we could soon find out. I like pxc more than all the rest, but people dont like to wait 2-3 days to transfer coins like with cnc and ftc. IYou guys are comedy gold. feel like I need to take 2 showers after spending just 5 minutes in this forum sometimes. Feathercoin is doing just fine with the hard fork adjustments: https://www.feathercoin.com/netstats/Now, back to PhenixCoin: Congrats, the FTC community wishes everyone involved with this coin continued success. I like ftc and stil hold quite a bit. However the retarget practially killed it let's be honest. It was a huge coin once in terms of hash. Now 200mh that's not good. It inspired coins like wdc and dgc to incorp way better ways of retarget. FTC and CNC were slapped hard when the miners left and people could not move their coins and the panic drove the price further down making it even less profitable to mine. There is no reason this will not happen to pxc. Bushstar fixed ftc however it will take months to get back to where it was before and could have been a way more successful coin if the retarget was done differently. FTC will survive based on the community and the dev however cnc is basically dead. All i am saying is watch out, with profit at 300% miners will drive dif way up which is worrying i think with such a slow retarget. I mean LTC is held in high regard so there are always those mining it as it is seen as pretty much coin2 after bitcoin. I am pro FTC and PXC along with wdc and dgc however nobody likes to wait hours / days to move coins. So i hope pxc will be fixed up like ftc but before there is such a problem with sending coins. |
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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nawazish1
Sr. Member
Offline
Activity: 462
Merit: 250
PXC Research Team
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June 06, 2013, 11:30:50 PM |
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I like ftc and stil hold quite a bit. However the retarget practially killed it let's be honest. It was a huge coin once in terms of hash. Now 200mh that's not good. It inspired coins like wdc and dgc to incorp way better ways of retarget. FTC and CNC were slapped hard when the miners left and people could not move their coins and the panic drove the price further down making it even less profitable to mine.
There is no reason this will not happen to pxc. Bushstar fixed ftc however it will take months to get back to where it was before and could have been a way more successful coin if the retarget was done differently. FTC will survive based on the community and the dev however cnc is basically dead.
All i am saying is watch out, with profit at 300% miners will drive dif way up which is worrying i think with such a slow retarget. I mean LTC is held in high regard so there are always those mining it as it is seen as pretty much coin2 after bitcoin. I am pro FTC and PXC along with wdc and dgc however nobody likes to wait hours / days to move coins. So i hope pxc will be fixed up like ftc but before there is such a problem with sending coins.
You are right developers will need to be fast to retarget the difficulty. Or people will loose faith. And I think developers will be fast for this kind of situation. |
PXC: PmfFgdwwcXPa1QUmtVJevdPfHhmhztHHCv BTC: 1P22tVABsd85L7kkpTmohCv5vK2BypFz3H Phoenixcoin (PXC), a decentralised open source digital currency. |
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IEA
Newbie
Offline
Activity: 42
Merit: 0
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June 06, 2013, 11:31:51 PM |
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Network Hash: 420.702 MH/s
WTF i dont wanna see this
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iamatrix
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June 06, 2013, 11:32:11 PM |
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Hey there justabit! Haha, yea it gets to me how people keep mentioning how FTC failed when it didn't and there are so many other coins that actually ARE failing. Other than the Feathercoin forums, I just limit myself to the Phenixcoin thread here on bitcointalk to limit my exposure to unnecessary coin bashing lol. If only they had a forum to follow updates but for now it's just this thread. I thank you for your blessings on behalf of everyone here!  (see you in our forums) A forum for Phenix is the last thing we want.. lol. I would never get any work done..  But John and I were were talking about setting up a news letter system, people could subscribe to for updates.. Let me know if that is something that would interest you guys.. M. |
PhenixEx cryptocurrency exchange | Lifetime lower trading fees? Sign up here! | Let others sign up with your referral link and receive 25% of their trading fees!
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iamatrix
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June 06, 2013, 11:34:11 PM |
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Network Hash: 420.702 MH/s
WTF i dont wanna see this
I feel ya.. I did not even want to see it on an exchange yet... I still do not feel we/its ready yet... We have so much more to do... |
PhenixEx cryptocurrency exchange | Lifetime lower trading fees? Sign up here! | Let others sign up with your referral link and receive 25% of their trading fees!
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nawazish1
Sr. Member
Offline
Activity: 462
Merit: 250
PXC Research Team
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June 06, 2013, 11:34:27 PM |
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Hey there justabit! Haha, yea it gets to me how people keep mentioning how FTC failed when it didn't and there are so many other coins that actually ARE failing. Other than the Feathercoin forums, I just limit myself to the Phenixcoin thread here on bitcointalk to limit my exposure to unnecessary coin bashing lol. If only they had a forum to follow updates but for now it's just this thread. I thank you for your blessings on behalf of everyone here! (see you in our forums) A forum for Phenix is the last thing we want.. lol. I would never get any work done.. But John and I were were talking about setting up a news letter system, people could subscribe to for updates.. Let me know if that is something that would interest you guys.. M. It would be really great. |
PXC: PmfFgdwwcXPa1QUmtVJevdPfHhmhztHHCv BTC: 1P22tVABsd85L7kkpTmohCv5vK2BypFz3H Phoenixcoin (PXC), a decentralised open source digital currency. |
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JohnCar (OP)
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June 06, 2013, 11:35:00 PM |
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lol network hashrate now = 10 x network hashrate a few hours ago
Yeah this is not that good actually since the coin diff does not retarget like dgc and wdc. If price drops and miners leave this coin will suffer the same fate as cnc and ftc. That has been my main worry from the outset. I hope this will not kill this coin too. Don't worry developers won't let it die like FTC and CNC. They have done a lot hard work. Yes they are great devs for websites and such, however it seems repairing a coin is different even the guy from FTC who is a super boffin at this stuff from oxford can't fix feathercoins problems and that was a massive coin after a couple of weeks. I asked these diff retarget questions at the begining and nobody answered. Now we will find out what happens. Lets hope the price keeps climbing or we could soon find out. I like pxc more than all the rest, but people dont like to wait 2-3 days to transfer coins like with cnc and ftc. IYou guys are comedy gold. feel like I need to take 2 showers after spending just 5 minutes in this forum sometimes. Feathercoin is doing just fine with the hard fork adjustments: https://www.feathercoin.com/netstats/Now, back to PhenixCoin: Congrats, the FTC community wishes everyone involved with this coin continued success. Hey justabitoftime thanks for the kind words. Who knows what the future is for any coin. All we can do is put are heads down, dig in and stay focused. Best of luck you and your community as well... |
TIT coming soon..............
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chondrite
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June 06, 2013, 11:41:28 PM |
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John and Mike, I've sent you both a pm about an issue I am having with one of your services without any reply. Can one of you please kindly get back to me about it?
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JohnCar (OP)
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June 06, 2013, 11:46:56 PM |
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John and Mike, I've sent you both a pm about an issue I am having with one of your services without any reply. Can one of you please kindly get back to me about it?
Can you PM me again please i dont have any messages in my pm box |
TIT coming soon..............
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aysyr
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June 07, 2013, 12:14:10 AM |
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Hey there justabit! Haha, yea it gets to me how people keep mentioning how FTC failed when it didn't and there are so many other coins that actually ARE failing. Other than the Feathercoin forums, I just limit myself to the Phenixcoin thread here on bitcointalk to limit my exposure to unnecessary coin bashing lol. If only they had a forum to follow updates but for now it's just this thread. I thank you for your blessings on behalf of everyone here! (see you in our forums) A forum for Phenix is the last thing we want.. lol. I would never get any work done.. But John and I were were talking about setting up a news letter system, people could subscribe to for updates.. Let me know if that is something that would interest you guys.. M. Definitely, way too many threads to sift through haha. And if it didn't take much to do so, then yea, that would be great! It's easy to miss updates when there's so many pages in the thread. Hopefully the hashrate won't affect too much. It's not THAT big, so the diff spike shouldn't be too much. Plus the spike might slow things down a bit. Either way, your releases over the next few days should encourage the price to be a little stable and keep some extra people mining with the little jump in difficulty. |
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chondrite
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June 07, 2013, 12:43:48 AM |
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John and Mike, I've sent you both a pm about an issue I am having with one of your services without any reply. Can one of you please kindly get back to me about it?
Can you PM me again please i dont have any messages in my pm box Message resent |
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newmars
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June 07, 2013, 03:45:04 AM |
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good time to mine PXC  |
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UniversalTrek
Newbie
Offline
Activity: 28
Merit: 0
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June 07, 2013, 03:48:20 AM |
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Always a good time to mine PXC
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BlazinBeaches
Member
Offline
Activity: 98
Merit: 10
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June 07, 2013, 03:50:01 AM |
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what is the port for solo mining?
also, where are the p2pools?
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Branzig
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June 07, 2013, 04:00:54 AM |
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what is the port for solo mining?
also, where are the p2pools?
Yea, please I want to know also, thanks all. |
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mebezac
Member
Offline
Activity: 112
Merit: 10
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June 07, 2013, 04:11:12 AM |
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what is the port for solo mining?
also, where are the p2pools?
9554, good luck solo mining this now lol. |
BTC: 168d57nW72Y6DidPgE88iL7vYmpQD45dYK|LTC: LLPttXuFF2uTo2CWeEwXU5CwcUcgQ4NGd3
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billionaire
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June 07, 2013, 04:14:08 AM |
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Anyone having issues mining at http://pxc.allpoolz.com ? I have put 3.7Mh on the site, but it has been listing my hash rate at 1.1-1.3 for the last 15+ minutes. |
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mebezac
Member
Offline
Activity: 112
Merit: 10
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June 07, 2013, 04:18:27 AM |
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Anyone having issues mining at http://pxc.allpoolz.com ? I have put 3.7Mh on the site, but it has been listing my hash rate at 1.1-1.3 for the last 15+ minutes. Yeah its showing significantly lower than the hashes I'm pointing at it. |
BTC: 168d57nW72Y6DidPgE88iL7vYmpQD45dYK|LTC: LLPttXuFF2uTo2CWeEwXU5CwcUcgQ4NGd3
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billionaire
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June 07, 2013, 04:22:47 AM |
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thanks for confirming, moving on somewhere else
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