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Author Topic: Status of Fairbrix  (Read 1514 times)
worldinacoin
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October 14, 2011, 02:33:13 PM
 #1

Now that coblee has had a successful launch of Litecoin, wonder what will be the future plans of Fairbrix?  I did try to mine it on a spare PC for an another day but nothing came out. Any decision to support or dump it?
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Lolcust
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October 14, 2011, 02:40:24 PM
 #2

If I recall correctly, coblee has stated he will continue maintaining fairbrix to give it a fair chance.

Besides BTC-E sortakinda Smiley said they will launch FBX and LTC exchanges together, so it would be a shame to dump FBX that close to getting an exchange.

Geist Geld, the experimental cryptocurrency, is ready for yet another SolidCoin collapse Wink

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October 14, 2011, 02:50:16 PM
 #3

Fairbrix is like Tenebrix in better (no premine).
It has a bit weak hashrate, but it may recover once there is an exchange.
Anyway, you cannot kill a distributed crypto currency as long as there are people willing to mine it.
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October 14, 2011, 02:53:16 PM
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I've been mining it, seems to still be alive.

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coblee
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October 23, 2011, 04:13:08 AM
 #5

Looks like there aren't too many people mining fairbrix anymore. From allchains.info Litecoin has 5.69 mhash whereas Fairbrix only has .08 mhash. That's like 1.5% of Litecoin's network. Since interest is so low and the price is really low also, I probably won't spend much time maintaining the fork. If someone wants to take over, I will be happy to transfer the github project over to them.

worldinacoin
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October 23, 2011, 06:02:55 AM
 #6

It is a pity, it looks quite a decent piece of work.  But I guess you will be extremely with Litecoin which is getting really popular.  Hope that someone can pick up Fairbrix from there.
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October 23, 2011, 03:40:28 PM
 #7

Problem with Fairbrix is risk of being 51% at all times.

Very fragile coin for sure.

I still have like 2k on it.. though i dont plan to do anything with it but store it away.

Mining Both Bitcoin and Litecoin.
goldk
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November 21, 2011, 12:50:20 AM
 #8

I've been mining it, seems to still be alive.

I have interest in mining fairbrix. Where can I start doing this?
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November 21, 2011, 01:30:04 AM
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DEAD? Cheesy

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November 21, 2011, 08:59:50 AM
 #10

DEAD? Cheesy

No, the correct status is "nearly-GG-level"  Grin
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November 21, 2011, 11:14:07 AM
 #11

I don't care if people think it is dead or not. I would like to mine it anyway. GG level is fine.
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November 21, 2011, 02:31:59 PM
 #12

Goldcoin: You'll need to get the client and solo mine it. There are no pools but the difficulty is pretty low.

Bitvolcano YAC, BBQ and WDC P2Pools at http://bitvolcano.com
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November 22, 2011, 12:07:58 PM
 #13

Maybe it will get a bit more of momentum since Litecoin seems to be getting more and more popular... and the authors credit FBX for the scrypt implementation properly.

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