[ANN] Fastcoin - FST - The Fastest coin so far in the market - is launched!!

[m0gliE]

You have one working pool?  

FST / FastCoin / P2Pool public mining pools / node scanner

http://p2pools.org/fst

Thread list of pools on fastcointalk.org

http://www.fastcointalk.org/index.php/board,3.0.html

[1714135255]

1714135255

[1714135255]

1714135255

[1714135255]

1714135255

[Sprite160]

Wow, pools are scarce. I am adding this coin to my pool so I can mine. Others are welcome as soon as the coin is added. Synchronizing the blockchain now....

[Sprite160]

Pool up and running finding blocks. NOMP based. Check my signature for pool.

[m0gliE]

Pool up and running finding blocks. NOMP based. Check my signature for pool.

Added your NOMP based pool; http://diggerpool.com to the list of pools on the forum.

http://www.fastcointalk.org/index.php/board,3.html

[crackfoo]

any idea how to reduce the amount of orphans when mining? @200mh/s i get ~80-90% orphans....

[m0gliE]

any idea how to reduce the amount of orphans when mining? @200mh/s i get ~80-90% orphans....

Lower your intensity... set config to --queue 0 --scan-time 1 --expiry 1

[crackfoo]

any idea how to reduce the amount of orphans when mining? @200mh/s i get ~80-90% orphans....

Lower your intensity... set config to --queue 0 --scan-time 1 --expiry 1

any wallet settings? I'm running it on a pool, but seems it's too much to handle efficiently...

[m0gliE]

any idea how to reduce the amount of orphans when mining? @200mh/s i get ~80-90% orphans....

Lower your intensity... set config to --queue 0 --scan-time 1 --expiry 1

any wallet settings? I'm running it on a pool, but seems it's too much to handle efficiently...

Wallet settings? I'm not quite sure what you're asking there, running it on a pool?
Please explain your situation a bit more and I'll do my best to help you...

[crackfoo]

any idea how to reduce the amount of orphans when mining? @200mh/s i get ~80-90% orphans....

Lower your intensity... set config to --queue 0 --scan-time 1 --expiry 1

any wallet settings? I'm running it on a pool, but seems it's too much to handle efficiently...

Wallet settings? I'm not quite sure what you're asking there, running it on a pool?
Please explain your situation a bit more and I'll do my best to help you...

my pool gets ~80-90% orphans when mining FST.... are there any tweaks to the daemon to get better results?

[lifeforcepools]

if there are any other fastcoin miners out there who would liek to compare notes please pm me. I have tried this coin in a pool and it's been a disaster - my basic problem is that at least 20% of the blocks found never make it to the wallet and do not show up as orhphans either.

I see that block hash but it never gets into the coins wallet - which basically make it useless to even attempt to mine the coin.

I have a sneaking suspicion that the block chain is so big from 20 seconds blocks that the wallet simply cannot keep up any longer.

I could be wrong. I've even tried turning off writing shares into the mpos database out of fear that the time required to write a record in the database may have caused the problem but that had no effect - I find lots of blocks but probably never get credit for 50% of them.

if you're interested PM me or email me at lifeforcepools@gmail.com

thanks in advance.

[anotherlateminer]

I've noticed an incredible high amount of orphaned blocks too. One year ago, when I had been actively mining FST, the situation was different.

[lifeforcepools]

example

[m0gliE]

The incredible amount of hashrate that has been recently hitting the Fastcoin network has caused lower hashrate miners to experience these orphan blocks, they are having an even harder chance at solving blocks.

The networkhashps option that shows the total network hashrate doesn't include the P2Pool network because of it being decentralized and the way it calculates payouts by the amount of shares submitted.

We've seen spikes of up to 2GH/s on the P2Pool network which end up cornering the network and causing other centralized pools blocks to orphan. This does go both ways depending on where the hashrate is pointed.

It is suggested that for the time being, lower hashrate miners should attempt mining on the P2Pool network, all payouts are sent directly to your wallet, while larger hashrate miners should perhaps setup their own node to run locally or mine directly on an MPOS based pool.

Currently the network is sustaining around 325-342 MH/s while the P2Pool network is sustaining around 436MH/s up to 2.5GH/s spikes earlier today.

We will begin working on ways to make things for efficient to cope with the amount of hashrate being pointed on such a fast transacting coin.

https://www.coingecko.com/en/coins/fastcoin - Network information
http://inetrader.com:5150/static/ - Primary Public P2Pool node
http://www.reddit.com/r/fastcoin - Reddit - (subscribe for updates)
http://sourceforge.com/projects/fastcoin - sourceforge downloads

-m0

[lifeforcepools]

I don't mean to dispute your assertions but over 2 gh/s is simply not born out by the facts.

Smarterhash.com measures network hash for FST and over 50 other scrypt coins every 30 seconds and the highest  this coin has been in the past 7 days has been 1.22 GH/s on Feb 18, 2015 at 7:55 AM UTC

This chart was produced about 2 minutes before I posted this message.

FST would be one of the most profitable coins to mine if were not for the extraordinary number of orphan blocks. But due to it's high number of orphan blocks it's about 12th on the list profitability wise daily with an optimum hash rate for profitability of about 100 to 200 MH/s - the last 24 hour average hash rate for the coin was 364.81 MH/s an if you had put 100 MH/s of mining power on the coin, THEORETICALLY it would have yielded you approximately $9.15 but due to the high number of orhpan blocks that number was down around $7.00 - not bad income for 100 MH/s but there were 12 other coins that would have made your more money over the past 24 hours.

[rikkie]

The primary source of downloads for Fastcoin are available on Sourceforge.

Windows, Mac, Debian, Ubuntu, Mint, Fedora, Redhat, Slackware, Multibit,

and the Android wallet.

The source is also available along with the bootstrap.dat.

http://sourceforge.com/projects/fastcoin

Just downloaded the new wallet as mentioned in this post.
COnnected immediately to the network and started downloaded the blocks.
Good job.
Great wallet.

[m0gliE]

I don't mean to dispute your assertions but over 2 gh/s is simply not born out by the facts.

Smarterhash.com measures network hash for FST and over 50 other scrypt coins every 30 seconds and the highest  this coin has been in the past 7 days has been 1.22 GH/s on Feb 18, 2015 at 7:55 AM UTC

This chart was produced about 2 minutes before I posted this message.

FST would be one of the most profitable coins to mine if were not for the extraordinary number of orphan blocks. But due to it's high number of orphan blocks it's about 12th on the list profitability wise daily with an optimum hash rate for profitability of about 100 to 200 MH/s - the last 24 hour average hash rate for the coin was 364.81 MH/s an if you had put 100 MH/s of mining power on the coin, THEORETICALLY it would have yielded you approximately $9.15 but due to the high number of orhpan blocks that number was down around $7.00 - not bad income for 100 MH/s but there were 12 other coins that would have made your more money over the past 24 hours.

Thank you for your input, but like I said, currently, networkhashps is not reflecting the amount of hashrate that is produced by P2Pool network. Your measurements are producing graphs which gets its data from the networkhashps client response.



When these spikes occur, they produce quite a bit of DOA, either by improper miner configuration settings or an intensity level that should be reduced.

[lifeforcepools]

so - are you inferring that these mis-configured machines on the p2pool network are actually hurting everyone's ability to find blocks and/or contributing to the orhpan rates?


because my observations indicate that the orphaned blocks do come in 'spurts'

[m0gliE]

so - are you inferring that these mis-configured machines on the p2pool network are actually hurting everyone's ability to find blocks and/or contributing to the orhpan rates?


because my observations indicate that the orphaned blocks do come in 'spurts'

It's probably due to more then just that one factor, the same can happen on an MPOS based pool with a huge miner that doesn't have properly configured mining hardware. Some of these huge hitters are coming from cloud mining contracts which point their option limited hardware at whatever coin is the current most profitable.

At the same time, orphan rate's are still largely do to lack of network propagation and latency, providing your client with plenty of connections, preferably with the lowest latency will greatly improve your chances against having solved blocks go orphan.

12 seconds between blocks is just really fast, and for some, by the time they announce a solved block, a larger miner has already announced and confirmed their better block.

[lifeforcepools]

I'm going to run a test for two hours and put in about 100 mh/s and count the blocks generated, found and orphaned as a little benchmark for others to based the decisions to mine or not mine when comparing this coins to others.

[crackfoo]

These are my results from a few days ago:

http://www.xpool.ca/blocks/FST

The pool was ~250mh