Right on cue, Hashrate is now 2 GHs.
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Either we have fans or we have a lot of butthurt.
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[quote name=“zerodrama” post=“15053” timestamp=“1371244863”]
Either we have fans or we have a lot of butthurt.
[/quote]Well need to tighten up.
[url=http://www.amazon.com/Trinity-Vibes-Pink-Butt-Plug/dp/B0037AEY7K]http://www.amazon.com/Trinity-Vibes-Pink-Butt-Plug/dp/B0037AEY7K[/url] -
Ah, good ole profitability at this difficulty.
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Sooner or later the attackers will find that the 100 BTC-e confirms for FTC will make it hard to capture the now 7% more profitable FTC price.
Slow steady rise will deter all of these retarded attacks. That is just my take.
And yes I smell butt-hurt in the air outside of this community.
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Make that 3.5Gh/s.
I smell another difficulty trap coming up…
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[quote name=“Kevlar” post=“15083” timestamp=“1371247291”]
Make that 3.5Gh/s.I smell another difficulty trap coming up…
[/quote][s]It was always bound to go to 133. Extra hashes won’t change anything.[/s]
Last time we retained more hash after the jump. Hopefully this time we will remain above 1 Gh/s
EDIT: Coinchoose not reporting the lower difficulty may have saved us. Fingers crossed.
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[quote name=“Kevlar” post=“15083” timestamp=“1371247291”]
Make that 3.5Gh/s.I smell another difficulty trap coming up…
[/quote]Yeah but retargetting at 3 to 5 days is about LTC performance so we’re good. I have an idea though.
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[quote name=“zerodrama” post=“15087” timestamp=“1371247647”]
[quote author=Kevlar link=topic=1857.msg15083#msg15083 date=1371247291]
Make that 3.5Gh/s.I smell another difficulty trap coming up…
[/quote]Yeah but retargetting at 3 to 5 days is about LTC performance so we’re good. I have an idea though.
[/quote]Good thing coinchoose is still showing our difficulty as 133.
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Help me out here…
Do we not want more hashes to block potential attacks?
Coinchoose saved us by showing higher profitability with the lower hashrate.
I am confus.
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[quote name=“zerodrama” post=“15110” timestamp=“1371252555”]
Help me out here…Do we not want more hashes to block potential attacks?
Coinchoose saved us by showing higher profitability with the lower hashrate.
I am confus.
[/quote]
We do want more hashes, however we would like to reward the consistent miners over the “pump-dump” miners who currently cause this difficulty cycle. -
[quote name=“Vidicus” post=“15113” timestamp=“1371252756”]
[quote author=zerodrama link=topic=1857.msg15110#msg15110 date=1371252555]
Help me out here…Do we not want more hashes to block potential attacks?
Coinchoose saved us by showing higher profitability with the lower hashrate.
I am confus.
[/quote]
We do want more hashes, however we would like to reward the consistent miners over the “pump-dump” miners who currently cause this difficulty cycle.
[/quote]Yes this is becoming very frustrating. I have stayed on FTC through the hard times, and once the diff goes down we are getting an influx of miners who drive the diff up and then abandon us. I thought PPLNS was suppose to reward consistent mining, but as stated above the bigger miners come in, take the coins, and leave.
Sorry for the rant, but it is frustrating.
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[quote name=“DaMooMoo” post=“15115” timestamp=“1371254959”]
[quote author=Vidicus link=topic=1857.msg15113#msg15113 date=1371252756]
[quote author=zerodrama link=topic=1857.msg15110#msg15110 date=1371252555]
Help me out here…Do we not want more hashes to block potential attacks?
Coinchoose saved us by showing higher profitability with the lower hashrate.
I am confus.
[/quote]
We do want more hashes, however we would like to reward the consistent miners over the “pump-dump” miners who currently cause this difficulty cycle.
[/quote]Yes this is becoming very frustrating. I have stayed on FTC through the hard times, and once the diff goes down we are getting an influx of miners who drive the diff up and then abandon us. I thought PPLNS was suppose to reward consistent mining, but as stated above the bigger miners come in, take the coins, and leave.
Sorry for the rant, but it is frustrating.
[/quote]
The only thing I can think of is everyone who is a consistent miner switch away from known pump and dump pools then concentrate in a given location to build up considerable hash power.The problem of PPLNS can’t really help against someone with a 20MH+ rate which throws the build up rate out of whack unless everyone is around that rate. Most of the consistent miners are not.
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A faster difficulty retarget time would greatly reduce this, wouldn’t it?
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Is the profitability up because FTC is up or is it because BTC is down, a lot?
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[quote name=“randomdef” post=“15153” timestamp=“1371269328”]
Is the profitability up because FTC is up or is it because BTC is down, a lot?
[/quote]I think mostly to do with the value of FTC. the profitability is based on BTC, so the actual value of BTC shouldn’t be relevant.
This is the problem though, all the other coins have fallen in value while FTC has increased. we are once again at the top of the profitability table on CoinChoose and so everyone has switched over.
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[quote name=“Kevlar” post=“15148” timestamp=“1371268027”]
A faster difficulty retarget time would greatly reduce this, wouldn’t it?
[/quote]No. Beyond a happy spot, faster retarget gets you the same problems as slower retarget.
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[quote name=“Simkill” post=“15202” timestamp=“1371285242”]
yeah, looks like the net is at 5.5 gigahashes… Slightly ridiculous! up on 0.8 from yesterday :-/
[/quote]That’s all right, we’re still more profitable than BTC or LTC. Although the next difficulty seems a bit high (133->~180), BTC is going from 15.6M to ~19M in less than 2 days, and LTC is likely to follow.
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[quote name=“ghostlander” post=“15308” timestamp=“1371308899”]
[quote author=Simkill link=topic=1857.msg15202#msg15202 date=1371285242]
yeah, looks like the net is at 5.5 gigahashes… Slightly ridiculous! up on 0.8 from yesterday :-/
[/quote]That’s all right, we’re still more profitable than BTC or LTC. Although the next difficulty seems a bit high (133->~180), BTC is going from 15.6M to ~19M in less than 2 days, and LTC is likely to follow.
[/quote]LTC looks like it’s finally nose diving again. Can’t sustain its miners with the declining value.
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[quote name=“DaMooMoo” post=“15115” timestamp=“1371254959”]
[quote author=Vidicus link=topic=1857.msg15113#msg15113 date=1371252756]
[quote author=zerodrama link=topic=1857.msg15110#msg15110 date=1371252555]
Help me out here…Do we not want more hashes to block potential attacks?
Coinchoose saved us by showing higher profitability with the lower hashrate.
I am confus.
[/quote]
We do want more hashes, however we would like to reward the consistent miners over the “pump-dump” miners who currently cause this difficulty cycle.
[/quote]Yes this is becoming very frustrating. I have stayed on FTC through the hard times, and once the diff goes down we are getting an influx of miners who drive the diff up and then abandon us. I thought PPLNS was suppose to reward consistent mining, but as stated above the bigger miners come in, take the coins, and leave.
Sorry for the rant, but it is frustrating.
[/quote]Rant is justified. I am also one of the miners who stick through the hard times. I find it incredibly irritating as well.
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With LTC nose diving, we’ll getting more waves of miners on the difficulty changes. We are committed to taking care of long-term miners, we’re open to suggestions on how to track and encourage pools to reward.
