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Topic: [FRC] - Difficulty Adjustment fork SUCCESSFUL! (Read 15849 times)
what happened with the new freicoin difficulty adjustment algo, it doesn't seem to be as robust as was originally indicated
The cycle time is about a week to two weeks. It is robust, but if you're only mining for "profit" you won't get very many coins. I consider this a good thing.
Yeah I GPU mined them for a while but there's days they go too fast and days they take forever, currently it's not fast enough to deal with network hashrate fluctuations.
what happened with the new freicoin difficulty adjustment algo, it doesn't seem to be as robust as was originally indicated
This morning I sent some FRC to Vircurex and after 12 hours it still shows only 4 out of 10 confirmations. How come the transactions are so slow? They are almost unusable this way, as my transaction is going to take a day and a half...
SELL IT MUCH CHEAPER.... I WILL START BUYING IT....
Well, it keeps dropping...
stop selling so cheap damn it !
SELL IT MUCH CHEAPER.... I WILL START BUYING IT....
Let the market be the market... with the new filter we have a way where the coin will adjust to the fluctuations in price. I see stability on FRC horizon and I like it. We may now have an altcoin that will be used as a it should... to buy stuff. Now all we need is stuff to buy!
God save
stop selling so cheap damn it !
Kids are growing up so fast these days....
where it took ~3 weeks for my last block from solo-mining before the fork to mature, they now mature within a few hours.
where it took ~3 weeks for my last block from solo-mining before the fork to mature, they now mature within a few hours.
Same happened for FTC. Stuck difficulty means few new coins are minted and old coins reach the exchanges more slowly.
Unstuck difficulty equals more coins and faster dumping. Buyers are a lot slower to rejoin the market because they have a lot of other options.
Unstuck difficulty equals more coins and faster dumping. Buyers are a lot slower to rejoin the market because they have a lot of other options.
Sadly, the FRC value is "crashing", everyone seems to just be dumping right now. Hashrate is pretty high, so expect profitability to get worse 
Look at the trading volume - much of the rise and fall was done at very little volume, sometimes only two-digit amounts of FRC.
Sadly, the FRC value is "crashing", everyone seems to just be dumping right now. Hashrate is pretty high, so expect profitability to get worse
That's it! 
Let me check...
Nah... It ain't me It's contributor mavric at coin-o-tron actually, too bad the pool is keeping the transaction fees.
I'm going for block 28336!
My freicoin client API is also reading 148K difficulty.
Let me check...
Nah... It ain't me
It's contributor mavric at coin-o-tron actually, too bad the pool is keeping the transaction fees.I'm going for block 28336!
My freicoin client API is also reading 148K difficulty.
Block 28335 was solved by Coinotron. 1000 FRC goes to user mavric ! As soon as block 28335 reaches 120 confirmations
This morning, I sent 1000 FRC to lucky winner: mavric.
LOVE THE COINOTRON!
That's it!
Let me check...
Nah... It ain't me It's contributor mavric at coin-o-tron actually, too bad the pool is keeping the transaction fees.
I'm going for block 28336!
My freicoin client API is also reading 148K difficulty.
Let me check...
Nah... It ain't me
It's contributor mavric at coin-o-tron actually, too bad the pool is keeping the transaction fees.I'm going for block 28336!
My freicoin client API is also reading 148K difficulty.
Block 28335 was solved by Coinotron. 1000 FRC goes to user mavric ! As soon as block 28335 reaches 120 confirmations
This morning, I sent 1000 FRC to lucky winner: mavric.
FRC reaches 10 minutes block time target!!!
In an amazing display of technical proficiency the FRC difficulty fork brings the block chain to the target 10 minute time frame in just 19 hours by a combination of lower difficulty and profitability-induced return of hashing power!
Their will now likely be ~6-12 hours of modest under-shoot followed by rapid stabilization at what ever hash rate corresponds to what ever price the marketplace chooses for FRC (at a .00038 rate that would be roughly 350 GH/s to be at parity with BTC profitability). We should never see such a slow block rate again as the new algorithm can adjust rapidly enough to accommodate virtually any future shifts we are likely to see. We believe our algorithm will become the new gold standard for any alt-chain and may even be of use in BTC itself.
The next major development goal for FRC will be a block-chain compression which will alleviate the massive download necessary to become a user of any crypto-coin. Our lead developer has been funded for 3 months to work full-time on it by evoorhees on behalf of SatoshiDICE. Again this will be back compatible with BTC and may find it's way upstream. You can read more here
https://bitcointalksearch.org/topic/fundraising-finish-ultimate-blockchain-compression-204283
Make no mistake FRC is back and isn't resting on it's laurels.
In an amazing display of technical proficiency the FRC difficulty fork brings the block chain to the target 10 minute time frame in just 19 hours by a combination of lower difficulty and profitability-induced return of hashing power!
Their will now likely be ~6-12 hours of modest under-shoot followed by rapid stabilization at what ever hash rate corresponds to what ever price the marketplace chooses for FRC (at a .00038 rate that would be roughly 350 GH/s to be at parity with BTC profitability). We should never see such a slow block rate again as the new algorithm can adjust rapidly enough to accommodate virtually any future shifts we are likely to see. We believe our algorithm will become the new gold standard for any alt-chain and may even be of use in BTC itself.
The next major development goal for FRC will be a block-chain compression which will alleviate the massive download necessary to become a user of any crypto-coin. Our lead developer has been funded for 3 months to work full-time on it by evoorhees on behalf of SatoshiDICE. Again this will be back compatible with BTC and may find it's way upstream. You can read more here
https://bitcointalksearch.org/topic/fundraising-finish-ultimate-blockchain-compression-204283
Make no mistake FRC is back and isn't resting on it's laurels.
Hash rates are around 150 GH/s now, with 205 as the target rate so were at 75% of needed hash-rates.
i would move my blade on FRC too ... but i dont know a good pool ...
http://www.freicoin.org/mining-pools-list-for-frc-t251.html
Quote from: Bicknellski
Active Pools
http://pool.freico.in:9638/
https://www.coinotron.com/
http://freipool.com/
http://2coin.org
https://www.multipool.in
http://frcpool.com:9638
https://pool.cr.rs
Proposed & Beta Test Pools
none
Closed Pools
http://openp2pool.com [Closed]
Questionable Pools
[SCAM WARNING] http://frc.vpool.us/about https://bitcointalk.org/index.php?topic=158267.40
FRC vpool and all other vpools seem to have issues in terms of it's developers ability to pay out correctly either purposefully or intentionally. Be warned. There are excellent reputable pools listed above so use those before Vpool. You have been warned.
Start your own Pool
If anyone else wants to run their own p2pool instance, the code is hosted on github:
https://github.com/freicoin/p2pool
Pool API's
API's for your pools please post here in this thread so those who make block explorers for Freicoin like this: http://1.cr.rs/ they can add your pool to the graph. Thanks.
http://pool.freico.in:9638/
https://www.coinotron.com/
http://freipool.com/
http://2coin.org
https://www.multipool.in
http://frcpool.com:9638
https://pool.cr.rs
Proposed & Beta Test Pools
none
Closed Pools
http://openp2pool.com [Closed]
Questionable Pools
[SCAM WARNING] http://frc.vpool.us/about https://bitcointalk.org/index.php?topic=158267.40
FRC vpool and all other vpools seem to have issues in terms of it's developers ability to pay out correctly either purposefully or intentionally. Be warned. There are excellent reputable pools listed above so use those before Vpool. You have been warned.
Start your own Pool
If anyone else wants to run their own p2pool instance, the code is hosted on github:
https://github.com/freicoin/p2pool
Pool API's
API's for your pools please post here in this thread so those who make block explorers for Freicoin like this: http://1.cr.rs/ they can add your pool to the graph. Thanks.
Hash rates are around 150 GH/s now, with 205 as the target rate so were at 75% of needed hash-rates.
i would move my blade on FRC too ... but i dont know a good pool ...
Hash rates are around 150 GH/s now, with 205 as the target rate so were at 75% of needed hash-rates.
Hitting the p2p pool.freico.in hard and I am loving the DIFFICULTY drops certainly makes it worthwhile again to mine.
pool.freico.in dosent open for me
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