[ANN][FER] FERENGICOIN

[lin0sspice]

Working on linux??

[jedimind]

are any pools running yet?

[Anthropolis]

Just checked all the pools, no mining going on there... So how do we make a node? What needs to happen to get things moving?

Any additional static node can be added and posted here. Anyone with static IP? Node added in the wallet is VPS based.
Pools will begin setting up their configuration based on source file that was posted today. Some firewalls like Zone Alarm block port, IP and windows firewall may be on at the same time with Zone Alarm.

not synching...strange
can you post config. file pls?



PS
Firewall  is  deactivated

Config file is located within compressed wallet file (ferengicoin.conf)

Just for a laugh was bored

[hanoosh]

NO SYNC :S !!!! 2 weeks behind ??

[chromosoma]

Ok, 10 min and i go to sleep.

[Mortimer452]

WE ARE MINING NOW

Pity the Pool!  FerrengiCoin (FER) Pool

- Solid servers, UPS/generator backups
- Redundant internet
- 1.5% fee
- Dedicated equipment - we own the hardware, we own the data center

http://fer.pitythepool.com

[ralexvalex]

I am solomining. Rename config to coin.conf
Try addnode=74.71.157.254

[ferengicoin]

are any pools running yet?

I have not received any confirmations yet from pool operators, lets wait and I will try to solve node problem too. If anyone has static IP please post node IP.

 

Linux Wallet compiled, Qt Gui and headless (interface only from shell):

https://mega.co.nz/#!gwFg1BgZ!MzJJYLWXk33nJVS21el3qlh9zP7ppwCJ4vVjVuJvozA

Install instruction for ubuntu:

Upgrade the system before the install is healthy:
sudo apt-get update ; sudo apt-get upgrade

install:
sudo apt-get install libssl1.0.0 libdb5.1 libboost-thread1.53.0 libboost-system1.53.0 libboost-filesystem1.53.0 libboost-program-options1.53.0  libqrencode3
sudo apt-get install libqt4*

If this is helping someone,
I Would love to receive flowers and chocolate in the form of:

BTC - 169UUVwcov8LKzBffs6dXsHz6uy5kZefnS
FER - 1NR1f1jgGhB65aw4RfUjb8asdXwBBVK53u

Cheerz!

Thank you. Is Linux wallet working with node IP posted in conf file?

[chromosoma]

yes, u had to rename  conf file....FACEPALM

[ferengicoin]

I am solomining. Rename config to coin.conf
Try addnode=74.71.157.254

May I add this IP on OP? It works?

yes, u had to rename  conf file....FACEPALM

It will work.

WE ARE MINING NOW
http://fer.pitythepool.com/mr.t.png
Pity the Pool!  FerrengiCoin (FER) Pool

- Solid servers, UPS/generator backups
- Redundant internet
- 1.5% fee
- Dedicated equipment - we own the hardware, we own the data center

http://fer.pitythepool.com

Please confirm that the pool is connected.

[Mortimer452]

See for yourself.  Mined over 1.5 million coins already

http://fer.pitythepool.com

FER is going to have TREMENDOUS difficulty adjustment issues within the next couple days.  Blocks are being mined about 100x faster than they should be and your diff algo cannot keep up.  This is what happens with SHA coins in today's world of Terraminers, when your coin's source code is nothing more than a copy of Bitcoin with a few parameters changed.

Current diff is 4096, next will be 16384, next will be 65536 - diff can only go up by 4x per adjustment but it needs to go up by about 100x

Later on, this will lead to hours-long block times because the coin got so far ahead of schedule in the early hours/days of mining.  Diff will continue to go up even while hashrate goes down.

Bookmark this post, I *guarantee* you this will happen within the next 1-2 weeks, maybe sooner.

[jedimind]

WE ARE MINING NOW
http://fer.pitythepool.com/mr.t.png
Pity the Pool!  FerrengiCoin (FER) Pool

- Solid servers, UPS/generator backups
- Redundant internet
- 1.5% fee
- Dedicated equipment - we own the hardware, we own the data center

http://fer.pitythepool.com

my miner is working but my hasrate/shares/ reward not showing...
been over 10 min... any idea?

[tylerderden]

what the hell man, we have to dl our wallet from some crapify installer and then it wont unzip? yeah ill pass...

[lin0sspice]

Wallet wont sync sir ?

[ferengicoin]

See for yourself.  Mined over 1.5 million coins already

http://fer.pitythepool.com

FER is going to have TREMENDOUS difficulty adjustment issues within the next couple days.  Blocks are being mined about 100x faster than they should be and your diff algo cannot keep up.  This is what happens with SHA coins in today's world of Terraminers, when your coin's source code is nothing more than a copy of Bitcoin with a few parameters changed.

Current diff is 4096, next will be 16384, next will be 65536 - diff can only go up by 4x per adjustment but it needs to go up by about 100x

Later on, this will lead to hours-long block times because the coin got so far ahead of schedule in the early hours/days of mining.  Diff will continue to go up even while hashrate goes down.

Bookmark this post, I *guarantee* you this will happen within the next 1-2 weeks, maybe sooner.

I agree with you, 400% diff re-target rate that was coded for BTC is not good choice for new SHA-256 coin nowadays, with modern ASICs hashrate. Thank you.

[jedimind]

So it looks like only 1 pool is running, and after joining I had my miner working, no hash rate no coins no shares.
Pool was around 20
then it looks like it crashes, now only 2 users and I cant even join...
 

[smart15]

wallet won't sync

[Mortimer452]

See for yourself.  Mined over 1.5 million coins already

http://fer.pitythepool.com

FER is going to have TREMENDOUS difficulty adjustment issues within the next couple days.  Blocks are being mined about 100x faster than they should be and your diff algo cannot keep up.  This is what happens with SHA coins in today's world of Terraminers, when your coin's source code is nothing more than a copy of Bitcoin with a few parameters changed.

Current diff is 4096, next will be 16384, next will be 65536 - diff can only go up by 4x per adjustment but it needs to go up by about 100x

Later on, this will lead to hours-long block times because the coin got so far ahead of schedule in the early hours/days of mining.  Diff will continue to go up even while hashrate goes down.

Bookmark this post, I *guarantee* you this will happen within the next 1-2 weeks, maybe sooner.

I agree with you, 400% diff re-target rate that was coded for BTC is not good choice for new SHA-256 coin nowadays, with modern ASICs hashrate. Thank you.

Since I believe my pool is the only one working, I would appreciate if you could list it in the OP:

http://fer.pitythepool.com

[tylerderden]

JUNK avoid like free herpe prostitute

[Molex1701]

http://fer.pitythepool.com

Thanks for getting your pool going. Guess will have to wait and see if these will be worth anything.