Just looked at one of the pools... current difficulty 25, estimated next difficulty 2.3 in 1000 blocks @11 mins/block? That means the next difficulty retarget is a week away, and it's going to be a massive drop.
Big miners and multipools have been pushing up difficulty then abandoning the coin at the next retarget for what, 2-3 years now? This is a known problem; I don't understand why a new coin in 2014 would have such a long retarget period. Do you really want this coin bouncing between X 4 and X 0.25 difficulty adjustments? Or have people completely abandon it because the difficulty is stuck at an impossibly high level?
It's especially important around launch, where people are more inclined to try something new, then move on. Peacecoin is dead because it's at difficulty 16, retargeting isn't for 1800+ more blocks, and it's been more than 2 days since one was minted. At this rate it will stay stuck at difficulty 16 for years.
I think theres something wrong with how the pools are showing next difficulty. The difficulty has been changing and stays in the 20s and 30s. Big miners and multipools have been pushing up difficulty then abandoning the coin at the next retarget for what, 2-3 years now? This is a known problem; I don't understand why a new coin in 2014 would have such a long retarget period. Do you really want this coin bouncing between X 4 and X 0.25 difficulty adjustments? Or have people completely abandon it because the difficulty is stuck at an impossibly high level?
It's especially important around launch, where people are more inclined to try something new, then move on. Peacecoin is dead because it's at difficulty 16, retargeting isn't for 1800+ more blocks, and it's been more than 2 days since one was minted. At this rate it will stay stuck at difficulty 16 for years.
