Author

Topic: Feathercoin network passed 850MH/S ! (Read 1610 times)

legendary
Activity: 1344
Merit: 1001
April 23, 2013, 03:53:41 PM
#18
Estimated next difficulty still climbing furiously. Now at 31.2
legendary
Activity: 1344
Merit: 1001
April 23, 2013, 02:58:45 PM
#17
There will not be 50 million of these coins in 4 months. And my previous post shows why comparing coin circulations doesn't necessarily lead to the right conclusions about prices. Neither of us has a crystal ball, let's see what the free market perceives their value to be Smiley

Lol you are correct. I was thinking in my head 3 million coins in 1st week x 4 weeks x 4 months Embarrassed

Lol that's exactly what I did the first time around.
hero member
Activity: 868
Merit: 1001
https://keybase.io/masterp FREE Escrow Service
April 23, 2013, 02:53:12 PM
#16
There will not be 50 million of these coins in 4 months. And my previous post shows why comparing coin circulations doesn't necessarily lead to the right conclusions about prices. Neither of us has a crystal ball, let's see what the free market perceives their value to be Smiley

Lol you are correct. I was thinking in my head 3 million coins in 1st week x 4 weeks x 4 months Embarrassed
legendary
Activity: 1344
Merit: 1001
April 23, 2013, 02:03:43 PM
#15
Nw simply rise the price to all time highs so i can speculate with my 120k FCs Tongue

I'm not selling many of mine until we reach a price similar to Terracoin. Terracoin is a Bitcoin clone and is worth 60 cents a coin and growing.

There are less Terracoins than Feathercoins I think.

Edit: Just checked - Feathercoins: 4,315,000 Terracoins: 2,251,920

There are 17 million Litecoins which is a lot more than than 2 million Terracoins yet Litecoins are worth $2.70 a coin...

There will be like 50 million of these coins in another 4 months. There will be close to 4 million TRC in another 4 months. Unless we see people trading FC for goods by that time, I doubt FC will be worth 60 cents. Of course, this is just my analysis and I could very well be wrong.

There will not be 50 million of these coins in 4 months. And my previous post shows why comparing coin circulations doesn't necessarily lead to the right conclusions about prices. Neither of us has a crystal ball, let's see what the free market perceives their value to be Smiley
newbie
Activity: 52
Merit: 0
April 23, 2013, 02:02:50 PM
#14
i couldn't get the miner to work
hero member
Activity: 868
Merit: 1001
https://keybase.io/masterp FREE Escrow Service
April 23, 2013, 01:55:58 PM
#13
Nw simply rise the price to all time highs so i can speculate with my 120k FCs Tongue

I'm not selling many of mine until we reach a price similar to Terracoin. Terracoin is a Bitcoin clone and is worth 60 cents a coin and growing.

There are less Terracoins than Feathercoins I think.

Edit: Just checked - Feathercoins: 4,315,000 Terracoins: 2,251,920

There are 17 million Litecoins which is a lot more than than 2 million Terracoins yet Litecoins are worth $2.70 a coin...

There will be like 50 million of these coins in another 4 months. There will be close to 4 million TRC in another 4 months. Unless we see people trading FC for goods by that time, I doubt FC will be worth 60 cents. Of course, this is just my analysis and I could very well be wrong.
hero member
Activity: 617
Merit: 531
April 23, 2013, 01:39:56 PM
#12
With the increased difficulty the network hashrate is finally dropping. Hopefully we will see a difficulty reduction tomorrow, for some easy to mine coins.
If you're talking about FC.. The network hashrate is going to cause difficulty to probably double. Not reduce.

Maybe after the next 2016 blocks, it will reduce. There is still a lot of questions and uncertainty about FC, it is only a week old.

I was not paying attention, I took a look at the stats and read the current difficulty as 30.
full member
Activity: 126
Merit: 100
April 23, 2013, 01:28:58 PM
#11
With the increased difficulty the network hashrate is finally dropping. Hopefully we will see a difficulty reduction tomorrow, for some easy to mine coins.
If you're talking about FC.. The network hashrate is going to cause difficulty to probably double. Not reduce.

Maybe after the next 2016 blocks, it will reduce. There is still a lot of questions and uncertainty about FC, it is only a week old.
hero member
Activity: 636
Merit: 500
April 23, 2013, 01:27:22 PM
#10
terracoin, asses mining it with asic at low diff so diff go skyrocket and they mine other crypto and leave it for others to save it... fc is asic resistant so not to worry
legendary
Activity: 1344
Merit: 1001
April 23, 2013, 01:18:21 PM
#9
Nw simply rise the price to all time highs so i can speculate with my 120k FCs Tongue

I'm not selling many of mine until we reach a price similar to Terracoin. Terracoin is a Bitcoin clone and is worth 60 cents a coin and growing.

There are less Terracoins than Feathercoins I think.

Edit: Just checked - Feathercoins: 4,315,000 Terracoins: 2,251,920

There are 17 million Litecoins which is a lot more than than 2 million Terracoins yet Litecoins are worth $2.70 a coin...
hero member
Activity: 617
Merit: 531
April 23, 2013, 01:12:09 PM
#8
With the increased difficulty the network hashrate is finally dropping. Hopefully we will see a difficulty reduction tomorrow, for some easy to mine coins.
hero member
Activity: 868
Merit: 1001
https://keybase.io/masterp FREE Escrow Service
April 23, 2013, 01:06:23 PM
#7
Nw simply rise the price to all time highs so i can speculate with my 120k FCs Tongue

I'm not selling many of mine until we reach a price similar to Terracoin. Terracoin is a Bitcoin clone and is worth 60 cents a coin and growing.

There are less Terracoins than Feathercoins I think.

Edit: Just checked - Feathercoins: 4,315,000 Terracoins: 2,251,920
hero member
Activity: 686
Merit: 500
Whoa, there are a lot of cats in this wall.
April 23, 2013, 12:59:17 PM
#6
This is incredible growth we are witnessing, everyone is after a bunch of feathers. And no ASICs can spoil the fun  Smiley

Current Difficulty: 14.2
Next Difficulty: 30.4
Time to Retarget: 17 hour(s), 51 min, 15 sec
(courtesy of: http://benhohner.com/feathercoin/statistics.php)

Going to be another big jump in price soon because the difficulty is more than doubling.

18 hours? I heard 48 hours 12 hours ago..

The increase hash rate is decreasing the amount of time to retarget pretty dramatically. 
full member
Activity: 154
Merit: 100
April 23, 2013, 12:43:31 PM
#5
This is incredible growth we are witnessing, everyone is after a bunch of feathers. And no ASICs can spoil the fun  Smiley

Current Difficulty: 14.2
Next Difficulty: 30.4
Time to Retarget: 17 hour(s), 51 min, 15 sec
(courtesy of: http://benhohner.com/feathercoin/statistics.php)

Going to be another big jump in price soon because the difficulty is more than doubling.

18 hours? I heard 48 hours 12 hours ago..
legendary
Activity: 1344
Merit: 1001
April 23, 2013, 12:38:56 PM
#4
Nw simply rise the price to all time highs so i can speculate with my 120k FCs Tongue

I'm not selling many of mine until we reach a price similar to Terracoin. Terracoin is a Bitcoin clone and is worth 60 cents a coin and growing.
full member
Activity: 168
Merit: 100
April 23, 2013, 12:35:20 PM
#3
Nw simply rise the price to all time highs so i can speculate with my 120k FCs Tongue
legendary
Activity: 1344
Merit: 1001
April 23, 2013, 12:25:13 PM
#2
This is incredible growth we are witnessing, everyone is after a bunch of feathers. And no ASICs can spoil the fun  Smiley

Current Difficulty: 14.2
Next Difficulty: 30.4
Time to Retarget: 17 hour(s), 51 min, 15 sec
(courtesy of: http://benhohner.com/feathercoin/statistics.php)

Going to be another big jump in price soon because the difficulty is more than doubling.
full member
Activity: 154
Merit: 100
April 23, 2013, 12:21:28 PM
#1
Congratulations miners! Network reached 850 MH/S today!

Next difficulty jump should be pretty high.
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