This sounds similar to the Garlic Coin discussion from a few years ago. They asked me for opinions on the Titans and that the Titans were crowding out the GPUs.
I did some research and found that at a N value of around 14 the Titan would be similar in hashing speed to a 8gb top of the line video card. 16 would be similar to a 4gb GPU. So I recommended they raise the N factor from 11 to 14. Instead they went with a completely different algo to knock the Titans out and the coin totally failed.
Similar thought here: If you think the problem with FJC is that the Titans keep people with video cards out of the game (they do at 11) then bring the N factor up a bit and see what happens. Technically it should make no difference to the current miners, their hash rate will go down but the difficulty will then adjust and they will make the same amount of coin. At a certain level then GPUs can come in and make coin (all of this ignores value as FJC is worth < 1 sat right now) at a level parity with whatever titans are still on.
Or you close the door to the current miners, no one mines with GPU and the coin dies.
I did some research and found that at a N value of around 14 the Titan would be similar in hashing speed to a 8gb top of the line video card. 16 would be similar to a 4gb GPU. So I recommended they raise the N factor from 11 to 14. Instead they went with a completely different algo to knock the Titans out and the coin totally failed.
Similar thought here: If you think the problem with FJC is that the Titans keep people with video cards out of the game (they do at 11) then bring the N factor up a bit and see what happens. Technically it should make no difference to the current miners, their hash rate will go down but the difficulty will then adjust and they will make the same amount of coin. At a certain level then GPUs can come in and make coin (all of this ignores value as FJC is worth < 1 sat right now) at a level parity with whatever titans are still on.
Or you close the door to the current miners, no one mines with GPU and the coin dies.
There are good suggestions for miners. This was taught by Napoli, who runs the cryptogrinder pool.
I think KNC TITAN can mine scrypt coin by changing N value. If you operate the following, you can get Fujicoin efficiently and the price of Fujicoin will increase, so the value of your Fujicoin will increase.
Recommended process:
・ Mine scrypt coins with high profit using half of the currently running TITAN or TITAN that is inactive.
・ Exchange the coin for BTC at Crex24.
・ Exchange the BTC for FJC at Crex24 and send it to your address.
In fact, the cryptogrinder pool performs these tasks automatically.
You just need to execute the following command.
Napoli explains:
Please try it.
I think KNC TITAN can mine scrypt coin by changing N value. If you operate the following, you can get Fujicoin efficiently and the price of Fujicoin will increase, so the value of your Fujicoin will increase.
Recommended process:
・ Mine scrypt coins with high profit using half of the currently running TITAN or TITAN that is inactive.
・ Exchange the coin for BTC at Crex24.
・ Exchange the BTC for FJC at Crex24 and send it to your address.
In fact, the cryptogrinder pool performs these tasks automatically.
You just need to execute the following command.
Code:
-o stratum+tcp://cryptogrinder.com:3433 -u-p c=FJC
Napoli explains:
Quote
Yes, the scrypt port is 3433 and the command seems correct. The miner should always check his 'account/wallet' at https://cryptogrinder.com/?address= to see statistics and to make sure the fjc wallet was correctly recognized. The pool chooses the most profitable coin from scrypt algorithm (profit switching) based on a net-hash of the coin, price of the coin and block size in real time (there is also merge mining going on). Once the coin is mined and some threshold will be reached it will be sold and withdraw-ed on the background. Meanwhile or even before the miner would be paid by fujicoin representing the same value - exchange withdraw/trading fee.
Please try it.
The OP is also saying something completely silly with FJC and Titans....to take the Titans and mine better scrypt coins (not scrypt-n) and covert to BTC and then convert to FJC? Why would someone do that if there has not been
any meaningful sale all of 2020 of FJC with all the millions of FJC for sale on the numerous exchanges.
Unless the coin, FJC has a use, you could be the only Titan cube left mining the whole FJC network and get all the FJC mined per day, but it makes little difference if you can
neither sell nor exchange FJC for anything else (like BTC) in any manner. Even if above was true your ONE titan cube would just be mining air.
FJC needs a clone...to make it a masternode coin clone of FJC and then a process of so many FJC to make a masternode ...it would still be a worthless coin on the exchange
but at least people with FJC would have some incentive to experiment with masternodes on this FJC clone coin.
Of course, the catch is:
1) a DEV with willingness or talent to do so...if you have the talent LEGIT masternode coins could actually pay you a salary for your skills...so why bother with FJC.
2) What hooks to add to FJC or a FJC clone? Mimblewimble or other hooks of some note to such a coin...there are 100s of clone coins made a month that don't have that down at all.
3) Lastly, would all the reluctant HODL'ers of FJC actually make masternodes for xfer of their FJC to this new FJC or new FJC clone coin and would that be enough hype to move
this supposed coin?
who knows on above, you set a rock down someplace ...likely it is not gonna move without some outside forces...as it is now FJC is completely 'static' and stuck in place
from 2014, with only core-bitcoin upgrades as its only changes.
So with KNC Titans gone, no new hooks to the coin of any note, nothing to replace Titans (like a masternode) and no way to exchange or sell FJC
complete non-adoption and movement will remain the norm.
Brad
