Topic: [ANN] Fastcoin - FST - The Fastest coin so far in the market - is launched!! - page 49. (Read 238170 times)

Hey Vegas, awesome to hear thanks!

I'm just in general looking to help.

I can create a new video if you need it. Donate to your foundation. Help keep this thread active...

Guys for those of you having issues with fastcoin, Ill simply say I mine it all the time, and NEVER have a problem with orphans..ever.



Why do they call it "fastcoin" anyway? 

Vegas

Fast is very much alive. What were you looking for?

Vegas

Ghost town, maybe I'll try the website.

So fast, so messy.

Ultimately orphaned blocks will throw off automated estimates, but the reward remains unpredictable and decentralized so its the same for everyone right?

This coin is still the fastest and has the longest blockchain. Neither of those things are very useful for the purposes of being a currency, but they are novelties and they are definitely one of a kind. My thoughts are that one of a kind novelties are enough to maintain value, especially if you believe in blockchain tech. I personally think blockchains are the future and any that have been around for a while, used as currency or not, will one day be worth something. Look at Namecoin, its been one of the top market caps for a long time and can serve no purpose as currency. Bitcoin also maintains a much higher value solely from being the first and having the best known name (the ultimate in one of a kind status).

Also. Since Fastcoin has been around now for 2 years, and there isn't really much of a reason to make a faster coin, it would likely never lose its claim on having the longest blockchain provided it can keep a community of miners interested. If someone tried to build hype around a new coin with the intention of building a longer blockchain, they'd have a hell of a time getting people interested, a hell of a time writing something that works properly and it would take many years to catch up...IF one day blockchains are everything and replace traditional currencies space on the longest existing blockchain will be worth money. Its also conceivable that future people could fix problems with the code and/or overcome them with hardware. So IF blockchains succeed and IF Fastcoin survives to see that day, Fastcoin will be worth a fortune.

Just my thoughts. I've been following Fastcoin for years, through the ups and downs. Love the name too, I think that's worth a lot.

Also, I do internet marketing and make videos. I'll have time over the next couple months to work on Fastcoin. Is there a dev around still? Does someone want to run a foundation (I will donate)? We could fund promotions, development and exposure...Msg me or talk here. Thanks!

coinwarz is totally wrong on just about every coin but especially this coin. Coinwarz on lots of coins will tell you what you can make more in one day the coin even produces and you will never get 100% of all the blocks.

I just went the any typed in 500 MH/s and it told me Catcoin will yield $27 in one day for me.

that's laughable because Catcoin has a Block time of 10 minutes which is 6 blocks in one hour or 144 blocks in a day with a block reward of: 50 coins per block : so 144 x 50 = 7,200 cat coins produced in a day

Guess what ... Catcoin's value is: .00000612  right now. Therefore 612 x 7200 = .044064 BTC = $11.32 is the total amount of coins in dollar this coin produces in a day. Sohow in this world could I every make $27 in a day off a coin that only produces $11.32

coinwarz is wrong - very very - which is why I got totally frustrated and created https://smarterhash.com

Do yourself a favor - stop visiting Coinwarz - you will just come away frustrated and having wasted a lot of Hash.

ps: If you want accurate coin mining income estimates then come to https://smarterhash.com and you will actually get accurate estimates from real-time data measured from the blocks chains for over 50 scrypt coins. Yes - we charge for membership but I guarantee you that you will make a lot more money mining once you know which coins are the most profitable to mine - NO B.S or your money back - I guarantee it.

--------------------------------------------

NOW!

as it related to Fastcoin read below:

the problem is that the block chain is so large there are ton of orphans.

I have a private pool for myself that I test in on http://pools.smarterhash.com and once in a while I put my 85 MHS A2 on Fastcoin as I did a few hours ago.

My 85 MH/s machine is finding 17% of the blocks.

Network Hash is reported at 355/MHs but that is incorrect because the wallet does not include the accumulated hash of the p2pools.

therefore true network hash is more like: 500 MH/s

however out of the blocks I am finding 61% are orphans.

and this would bear out the same experience I had while mining in a large FST p2pool a few weeks ago,

therefore I can expect about 9,000 FST for 24 hours of mining with 85 MH/s

which equates to a pathetic  $1.70 per day

the same 85 MH/s would give me $4.26 on MOON or $3.86 on BCF

the bottom line is this: Don't waste you time mining FST - you;'ll be sadly disappointed with the results (unless you think FST is going to explode in value and you hang onto your coins).

I've tried on at least a dozen occasions over the past 6 months to mine this coin and every time .. the same poor results.

ps: I've solo mined it also and same percentage of orphans...


MOON & BCF




Fastcoin results

it seems to mine ok at several p2p pools, however, the return is not even close to what is reported on coinwarz, and if you calculate from what you actually get its just not profitable to mine.. Im out for now.. at least i can turn a few pennies on the merge pool coins

Is this coin dead?

Where do u guys mine, or do You solomine it?

Thanks. You saved me loads of time. 

http://fast.minepool.net/ IS broken or just a plain LIE

Block explorer available @ http://fst.blockexp.info

So you're saying the bootstrap file needs replacing then restarting the client? Client is currently synced so it doesn't pop up any error. Are you sure it needs that other bootstrap.dat?

You can also see the log in realtime with some program like LogFusion. I for one see a lot of ACCEPTED but i'm guessing that's not it since no coins come. Does it use proof-of-work rewarding (stupid question?)  ? If so, i see no proof-of-work. Well i'm pretty sure the Fastcoin.conf file is as it should be.

Have you tried -testnet ? It doesn't work for me. The splash screen changes to grey color as it should but pops an error and closes before i can read it.

There is an updated bootstrap file: https://ia801508.us.archive.org/3/items/fastcoin_bootstrap/fastcoin_bootstrap_archive.torrent

It is about 3 weeks or so behind. Took me a couple hours to update it totally.

Though I have had no one reply to me about the available pools. http://fast.minepool.net seems broken.
All ways says: Pending Shares - Uncounted Shares:

Nothing there the last few days, apparently 80 confirmations for the blocks to be approved, though no stats.
Tried mailing support. No one home.

This forum no one has replied to my previous posts above either. Some one knows something and they aint sharing....

Are we crunching numbers randomly or for other people...

Does anyone here know if it's still feasible to solo mine Fastcoins? I'm mining for many days now and i'm not getting anything at all. I have the GeForce GTX660 which coughs up about 220Kh/s with cudaminer and the cpu which can do about 12Kh/s each core. In theory that should yield something but it doesn't seem to. Is there some way that i can see what actually happens "behind the scenes" ? Maybe blocks are being messed up somehow and i can't really tell. If i use the debug command for cudaminer i can only see how many miliseconds it takes for it to receive work but not much more. I can also look in the Fastcoin's log file but i don't know what to look for. Maybe some of you people know more about this issue or had it so you may lend a hand...

Does anyone have a most recent blockchain download avaiable for this coin the syncing takes way too long!!

This Place is dead it seems   

Hi Rossen

Where can I check the details of my work done for these pools ? Info will be greatly appreciated.

Thanks

Hello

I am very confused or missing something.
I am using CUDA miner, with the details below. - Seems to be mining away happily.

stratum+tcp://fst.cointech.net:5150 -u fqUpq5SSWWhiFCd3UiLzP3qk51TnfyVnD6 -p pass -a scrypt
Used the wallet and pass for both fastcoin wallet conf and mining conf

The fastcoin.conf I have setup:

listen=1
daemon=1
server=1
rpcuser=fqUpq5SSWWhiFCd3UiLzP3qk51TnfyVnD6 - Myfastcoin wallet address
rpcpassword=pass
rpcallowip=10.1.1.*
rpcport=9527
rpcconnect=127.0.0.1
addnode=190.191.141.145
addnode=75.135.81.210
addnode=69.57.165.193
addnode=168.61.25.9

My question is where can I find my details for the mining pool fst.cointech.net:5150 where is their website or when do I receive coins from mining.
Do they goto the wallet directly or do I have to actually sign up an account and cash out at certain limits ?

Please if any one can assist with fst.cointech.net:5150 mining pool or should I abandon this and choose another.

Any info or additional mining pools would be greatly appreciated, I would like to make note of the progress.

Thank You

Thanks man I'd really appreciate that because mine still says 2 weeks behind even adding the stuff that you told me to use lol I'm wondering do all the orphaned blocks go in the block explorer as well? Because I know there is a shit ton of orphans anytime I've tried to pool mine this coin

Im just now getting it to sync, it says 7 hrs behind. Ill make a zip file of it , and post a link to it. That will bring you to today. Check this thread in a couple of hours.

Vegas