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Topic: Feathercoin network reached 2300MH/S (UPDATED 4000MH/S) ! (Read 2680 times)

full member
Activity: 126
Merit: 100
I gave up too, once I saw the big dogs jump in or should I say big "dodg". Like I stated in recent thread, pool operators should have restrictions against those with high hash rates mining new cryptos like FTC and CNC, hell I've seen pools with lower hash rates than that. If the hash rate is high enough to mine solo I say they should be banned from pools and let's see them make their own pool and see who in their right mind joins it.

Why ban them from a pool? Does it hurt your daily payout? No? Well then, stop complaining.
sr. member
Activity: 308
Merit: 250
Yea exciting to watch both the mining power and the prices grow haha, been checking up on it between this and that xD
full member
Activity: 154
Merit: 100
Better change the topic to 4000 soon :p

Ah you were faster than me, I just updated it  Grin
sr. member
Activity: 308
Merit: 250
Better change the topic to 4000 soon :p
legendary
Activity: 2940
Merit: 1090
Well, I wonder how many people lost their enthusiasm for a more equal footing when they see people with absurd hash rates from companies like that. I did, it became less something that was fun as everything gets sucked their way, and the little nubs like me with single gpus basically scrape in a few coins a day.

A single GPU can rake in GeistGeld, CoiLedCoin, and GRouPcoin, maybe even i0coin, quite nicely merged-mining, and since those are just the easiest of the merged-mined coins can also have the small chances of eventually finding blocks of IXCoin, DeVCoin and NaMeCoin n too by merging the whole lot of them. Furthermore, just the BiTCoin alone will more than pay for the electricity.

(You use p2pool for the merged mining, so you get the benefits of a pool for the bitcoins, the rest you are gambling on find a block yourself solo, which is a good bet for the lower difficulty coins. One 5870 gets lots of blocks of the low difficulty coins per day. While the bitcoins pay the electircity plus also some profit too just on the bitcoins before even considering all the effectively-free altcoins.)

-MarkM-
sr. member
Activity: 266
Merit: 250
Wow, interesting coin to see get started.

Aside from cryptoinit.net, are there any other Exchanges trading FC?
  YES,www.bter.com
full member
Activity: 196
Merit: 100
At least he'll put some effort in it instead of just signing up and nukeing the whole pool. He'd have to assign groups of workers to different pools  or use VPN or something to mask the IPs on groups of workers.
legendary
Activity: 1008
Merit: 1000
I gave up too, once I saw the big dogs jump in or should I say big "dodg". Like I stated in recent thread, pool operators should have restrictions against those with high hash rates mining new cryptos like FTC and CNC, hell I've seen pools with lower hash rates than that. If the hash rate is high enough to mine solo I say they should be banned from pools and let's see them make their own pool and see who in their right mind joins it.

How will that work, though? Can't the big bad miner just set up a no of accounts?

Thought I would sign out at 300 Coins, but seems very difficult now.
full member
Activity: 196
Merit: 100
I gave up too, once I saw the big dogs jump in or should I say big "dodg". Like I stated in recent thread, pool operators should have restrictions against those with high hash rates mining new cryptos like FTC and CNC, hell I've seen pools with lower hash rates than that. If the hash rate is high enough to mine solo I say they should be banned from pools and let's see them make their own pool and see who in their right mind joins it.
member
Activity: 80
Merit: 10
Prospecting on the net, in a rundown old shack..
I just saw this on the FC pool Im on...

dodg_not_botnet      219,917 kh    21,664.477 fc p d

one of the biggish BTC miners jumped onto FTC.

Well, I wonder how many people lost their enthusiasm for a more equal footing when they see people with absurd hash rates from companies like that. I did, it became less something that was fun as everything gets sucked their way, and the little nubs like me with single gpus basically scrape in a few coins a day.

Over all that was inevitable. But they sure do make it a streamlined process. 21,664 ftc per day, as opposed to <20 for me.

Was fun at first tho. At least I did make 1000 .. just.
hero member
Activity: 636
Merit: 500
new ftc exchange bter.com
full member
Activity: 126
Merit: 100
I just saw this on the FC pool Im on...

dodg_not_botnet      219,917 kh    21,664.477 fc p d

one of the biggish BTC miners jumped onto FTC.
hero member
Activity: 798
Merit: 1000
www.DonateMedia.org
I just saw this on the FC pool Im on...

dodg_not_botnet      219,917 kh    21,664.477 fc p d
member
Activity: 111
Merit: 10
damn, now we just wait for some exchanges to take it seriously
hero member
Activity: 636
Merit: 500
virexa but it is under construction
newbie
Activity: 42
Merit: 0
Wow, interesting coin to see get started.

Aside from cryptoinit.net, are there any other Exchanges trading FC?
full member
Activity: 154
Merit: 100
Someone proposed in the past that the value of a cryptocurrency tends to follow the amount of hardware devoted to processing said currency...

The value of the hardware plus the energy to run it. If a coin doesn't at least break even, then people wont mine it unless they just want to burn up money.

I think FTC is undervalued atm. the recent hash rate increase has caused the ROI to halve so unless the price of the coins goes up soon people will start mining something else. I think FTC should be worth about a quarter of LTC, it's currently well below that. Scrypt mining is a lot more expensive than SHA256 and that has to be taken into consideration in the coin price.



+1 !
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
Someone proposed in the past that the value of a cryptocurrency tends to follow the amount of hardware devoted to processing said currency...

The value of the hardware plus the energy to run it. If a coin doesn't at least break even, then people wont mine it unless they just want to burn up money.

I think FTC is undervalued atm. the recent hash rate increase has caused the ROI to halve so unless the price of the coins goes up soon people will start mining something else. I think FTC should be worth about a quarter of LTC, it's currently well below that. Scrypt mining is a lot more expensive than SHA256 and that has to be taken into consideration in the coin price.



FTC is currently 250% more profitable then BTC .. so people will continue to mine it until gets to ~110% (basically next difficulty update)

Everyone believes LTC should be 1/4 of bitcoin but it hasn't gotten there yet.. give it a year or 2 and should be more realistic pricing... but about another 10000 alt coins out as well which is making the market polluted
erk
hero member
Activity: 826
Merit: 500
Someone proposed in the past that the value of a cryptocurrency tends to follow the amount of hardware devoted to processing said currency...

The value of the hardware plus the energy to run it. If a coin doesn't at least break even, then people wont mine it unless they just want to burn up money.

I think FTC is undervalued atm. the recent hash rate increase has caused the ROI to halve so unless the price of the coins goes up soon people will start mining something else. I think FTC should be worth about a quarter of LTC, it's currently well below that. Scrypt mining is a lot more expensive than SHA256 and that has to be taken into consideration in the coin price.

member
Activity: 76
Merit: 10
Someone proposed in the past that the value of a cryptocurrency tends to follow the amount of hardware devoted to processing said currency...
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