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Topic: [FRC] - Difficulty Adjustment fork SUCCESSFUL! - page 5. (Read 15904 times)

legendary
Activity: 1876
Merit: 1000
1000 in transaction fees on the loose! Start hashing now!

now you have my attention Smiley
full member
Activity: 158
Merit: 100
1000 in transaction fees on the loose! Start hashing now!
sr. member
Activity: 378
Merit: 250
Are we there yet?

LOL!  It's so painfully slow...  I keep checking the FRC explorer every 10 minutes, asking the same question, as a kid on a long way trip  Grin
sr. member
Activity: 406
Merit: 250
The cryptocoin watcher
Are we there yet?
full member
Activity: 158
Merit: 100
There is also a mention of 200FRC transaction fee donated to block 28336 (or is it 28335?)
That was me, it was grabbed at block #28334, see:
http://frc.cryptocoinexplorer.com/block/0000000000001518232cc29c82d616a0aea5cfad6bc7774103ac6012f6b3fa3b
Already did a 100 fee a few blocks earlier that was grabbed by coinotron at block #28332

I originally planned to increase fees up to 28336, would love to do a 1000 fee transaction right now, but I'm not at home where I have my wallet :-(
sr. member
Activity: 378
Merit: 250
Just a quick question, 28336 have 7500FRC bounty payout, but what is there about 28335?

There is also a mention of 200FRC transaction fee donated to block 28336 (or is it 28335?)

Eric
hero member
Activity: 924
Merit: 1000
Just 1 more to go...  Smiley

WOOOO!

28,335

and

28,336

EQUAL Extra Payouts!
sr. member
Activity: 378
Merit: 250
Just 1 more to go...  Smiley
sr. member
Activity: 378
Merit: 250
I started solo mining, let's hope I find 28336.  There's a bounty too as mentioned in a prior post  Smiley
hero member
Activity: 924
Merit: 1000
Actually, there's just 2 more to go.  Block 36 will be under the new scheme, with lowered difficulty needed to find it  Smiley
Thanks for the answer to the question I was just about to ask :-)

BTW, there's a transaction with a fee of 200FRC for whoever mines the block where it'll be included :-)

Nice add on Mike....

Thanks eHoff 28,335 is the one I'll find... Hope I didn't jinx myself LOL! I bet I find 28,336 for sure!
full member
Activity: 158
Merit: 100
Actually, there's just 2 more to go.  Block 36 will be under the new scheme, with lowered difficulty needed to find it  Smiley
Thanks for the answer to the question I was just about to ask :-)

BTW, there's a transaction with a fee of 200FRC for whoever mines the block where it'll be included :-)
sr. member
Activity: 378
Merit: 250
No fear Bick, 32 and 33 just came in at just a little over an hour apart.  Now just 3 blocks to go.

Actually, there's just 2 more to go.  Block 36 will be under the new scheme, with lowered difficulty needed to find it  Smiley

Run FRC, run!
hero member
Activity: 924
Merit: 1000
No fear Bick, 32 and 33 just came in at just a little over an hour apart.  Now just 3 blocks to go.

Current Block   28,333


Imp! I fear... I fear.... I fear we are almost CLEAR!

I am predicting... I will find Block 28,336.
member
Activity: 84
Merit: 10
Woot! Go Freicoin go!
sr. member
Activity: 826
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
No fear Bick, 32 and 33 just came in at just a little over an hour apart.  Now just 3 blocks to go.
hero member
Activity: 924
Merit: 1000
I think Mollycat jinx the chain in FRC... no more blocks found since:

Quote
28,331   Done   Molly   2013-05-22 08:35:03 AM

http://frc.cryptocoinexplorer.com/chain/Freicoin
newbie
Activity: 36
Merit: 0
Yes, since blocks are coming so slow atm it is acting that way. It is "up-to-date" though, don't worry.
sr. member
Activity: 378
Merit: 250
Ok, thanks, that's how I understood it  Smiley

I updated my Freicoin client too.  It updated the chain and it's staying "out of sync" but from what I read, it may just be because the last block date from too long...  Roll Eyes
full member
Activity: 158
Merit: 100
And when the dif drops to 1/4 of what it is now, the profit calculator on dustcoin will show near 85% profitability due to new lower mining dif. As the dif further lowers to adjust to net hash the profitability will continue to rise along with more miners coming back to the network and hopefully the price for FRC increases as it becomes traded more again.

..unless something like with BitBar happens that I'm looking at closely since a few days, as it is comparable to Freicoin insofar, as that it seems to have the most advanced (imho) diff adjust filter at the moment (we need to see how freicoin's will perform).
There was a huge hype when it entered exchanges, then it was dropped and difficulty was slowly adjusting.
Ever since diff adjust cause profitability to enter the 100-110% range, exchange rates seem to slowly but steadily drop (at least until today, might be a reversal coming up imho), "magically" keeping profitability in that range, almost as if some solo miner (one can see that the percentage of blocks via the largest bitbar pool was also sloly going down from >80% to just slightly above 70% during that time) with a few bitbars/bitcoins to spare (for price manipulation) just wanted to quietly hash along without other miners that decide purely upon profitability what to mine to notice.
(Just my 5ct, not an investment recommendation, and YES, I'm mining BitBars with my GPUs whereas my FPGAs go to Freicoin)

So I think it's good to have an eye open to what happens in the BitBar area as it may well teach us things for Freicoin (and vice versa)
newbie
Activity: 36
Merit: 0
Think about it this way. Current net hash is around 50ghash average and after new filter is in place the dif drops immediately 1/4 making the optimal net hash 250ghash as opposed to somewhere over 1thash. This would bring block times down to about 50 minute blocks on average if we sit at 1/5 recommended network hashrate (50 now to the new 250 optimal) and that will drop 5%ish every 9 blocks until the dif meets net hash to get 10 minute blocks cranking out.

And when the dif drops to 1/4 of what it is now, the profit calculator on dustcoin will show near 85% profitability due to new lower mining dif. As the dif further lowers to adjust to net hash the profitability will continue to rise along with more miners coming back to the network and hopefully the price for FRC increases as it becomes traded more again.

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