Time to retarget
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[quote name=“aysyr” post=“1211” timestamp=“1367871844”]
[quote author=UKMark link=topic=249.msg1199#msg1199 date=1367861713]
[quote author=sheepson link=topic=249.msg1197#msg1197 date=1367860788]
Yeah indeed, lets not hop to a different coin and mine these blocks!
[/quote]I’m all in and miner is on full throttle! Ambient temperature in my shed where my miner is setup is currently 44.5oC :o , patiently awaiting spontaneous combustion :D
[/quote]Well I’m currently living in the basement (still in college/living with my parents) and I have 4 rigs set up down here haha. I can barely plug anything else into the outlets else the circuit breaker goes off. Anyways, it’s like 90-100 C in here in average and I sleep here xD
[/quote]Sod that for a game of soldiers :D - You may be toast in the morning :o
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Haha nah I’m all good. I’ve had this running for weeks no problem, just warm is all :) Too bad it’s not winter anymore lol
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10days++ where do you guys think it will stop?
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[quote name=“DeadZebra” post=“1239” timestamp=“1367908267”]
10days++ where do you guys think it will stop?
[/quote]
@ + 2016 blocks from the last one :D
Network hash is less than 1/4 of peak so if at 1/2 peak it was 7 days, it could be 14 days or more from now, either way I’m seeing this one out and then watch the network hash rate return once the profitability does. -
[quote name=“UKMark” post=“1244” timestamp=“1367911607”]
[quote author=DeadZebra link=topic=249.msg1239#msg1239 date=1367908267]
10days++ where do you guys think it will stop?
[/quote]
@ + 2016 blocks from the last one :D
Network hash is less than 1/4 of peak so if at 1/2 peak it was 7 days, it could be 14 days or more from now, either way I’m seeing this one out and then watch the network hash rate return once the profitability does.[/quote]
Sounds about right, the difficulty will drop down, confirmed changed, then all the mining rigs will hop back in, mine a ton of coins before the next difficulty increase, hop back out, repeat. :P -
Yeah it’s gonna take a while before the next difficulty >:(
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haha so they’re just going to hop in and out the whole time? that’s not legit haha.
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[quote name=“DeadZebra” post=“1253” timestamp=“1367915784”]
haha so they’re just going to hop in and out the whole time? that’s not legit haha.
[/quote]
It makes logical sense, why mine the coin which is going to take you over twice as long now and provide around 1/4 of the profit that it did. Any sensible person who’s using cryptographic currencies as a way to make money will always move their hardware around to the most profitable coin.
Swings and roundabouts, just stick with it and reap the rewards in the longterm. Casual miners are the ones who will ALWAYS lose out. >.< -
Yup other than owning 20+ x 7990’s there isn’t really much we can do about it :)
It’s annoying to think we will get through these next 2016 blocks ‘slowly’ but ‘surely’ only to be owned by the bigger rigs when they jump back on the profitability train, and then once again we will be left to mop up the shit they leave behind for us :-\ -
[quote name=“UKMark” post=“1257” timestamp=“1367917035”]
Yup other than owning 20+ x 7990’s there isn’t really much we can do about it :)
It’s annoying to think we will get through these next 2016 blocks ‘slowly’ but ‘surely’ only to be owned by the bigger rigs when they jump back on the profitability train, and then once again we will be left to mop up the shit they leave behind for us :-\
[/quote]
Mhmm, unfortunately that’s just how it’ll have to be. At best I can toodle along at 1mhash with my 7970s but until the weekend it’ll be casual mining as usual from me.
I wish I had the money to put more investment into FTC for you all but that’s not going to happen for a few years yet :x -
Well I’m in for the long term and not for a quick buck. I wish more people saw the long term potential rather than quick gains pumping and dumping coins all over the show.
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It’s not good for followers of a specific coin that hopping is so easy
Mine a lot with their supper rigs until the diff is to high and let the long term people clean it up.
For now the confirmations are too slow to keep Feathercoin up and running.
Retargets should be quicker if the hash rates drop like they did now.It’s the people with a lot of money and hardware that can benifit from crypto so why is it different from the large banks / governements this way.
The big get bigger whilst the small keep struggling. -
When do you think we will make it to the next difficulty? it’s sitting at 11 days now.
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[quote name=“DeadZebra” post=“1271” timestamp=“1367922132”]
When do you think we will make it to the next difficulty? it’s sitting at 11 days now.
[/quote]
At it’s current pace and decline, I’m expecting something around the 14-21 day figure myself. Although, do note that’s my personal view of it all. :P -
[quote name=“ShadowEW” post=“1275” timestamp=“1367922799”]
[quote author=DeadZebra link=topic=249.msg1271#msg1271 date=1367922132]
When do you think we will make it to the next difficulty? it’s sitting at 11 days now.
[/quote]
At it’s current pace and decline, I’m expecting something around the 14-21 day figure myself. Although, do note that’s my personal view of it all. :P
[/quote]Yup, I’ll still be here with my piddly 1.3mH/s though even if I’m the last [s]man[/s] miner standing :)
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[quote name=“UKMark” post=“1281” timestamp=“1367924089”]
[quote author=ShadowEW link=topic=249.msg1275#msg1275 date=1367922799]
[quote author=DeadZebra link=topic=249.msg1271#msg1271 date=1367922132]
When do you think we will make it to the next difficulty? it’s sitting at 11 days now.
[/quote]
At it’s current pace and decline, I’m expecting something around the 14-21 day figure myself. Although, do note that’s my personal view of it all. :P
[/quote]Yup, I’ll still be here with my piddly 1.3mH/s though even if I’m the last [s]man[/s] miner standing :)
[/quote]haha I need my second rig to arrive so that I can help out some more.
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Pool Hashrate: 126.83 MH/s
Network Hashrate: 985.06 MH/s
Hashrate keeps going down, so I also expect the retarget to increase to 16-18 days :-(
And then all major hashrates will mine it again to an exploding diff to drop out again afterwards
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[quote name=“Armandoke” post=“1309” timestamp=“1367933591”]
Pool Hashrate: 126.83 MH/sNetwork Hashrate: 985.06 MH/s
Hashrate keeps going down, so I also expect the retarget to increase to 16-18 days :-(
And then all major hashrates will mine it again to an exploding diff to drop out again afterwards
[/quote]Yeah this might be a problem until the FTC/BTC exchange rate stabilizes
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[quote name=“DeadZebra” post=“1310” timestamp=“1367933979”]
[quote author=Armandoke link=topic=249.msg1309#msg1309 date=1367933591]
Pool Hashrate: 126.83 MH/sNetwork Hashrate: 985.06 MH/s
Hashrate keeps going down, so I also expect the retarget to increase to 16-18 days :-(
And then all major hashrates will mine it again to an exploding diff to drop out again afterwards
[/quote]Yeah this might be a problem until the FTC/BTC exchange rate stabilizes
[/quote]Yes and LTC/FTC
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[quote name=“sheepson” post=“1313” timestamp=“1367934348”]
[quote author=DeadZebra link=topic=249.msg1310#msg1310 date=1367933979]
[quote author=Armandoke link=topic=249.msg1309#msg1309 date=1367933591]
Pool Hashrate: 126.83 MH/sNetwork Hashrate: 985.06 MH/s
Hashrate keeps going down, so I also expect the retarget to increase to 16-18 days :-(
And then all major hashrates will mine it again to an exploding diff to drop out again afterwards
[/quote]Yeah this might be a problem until the FTC/BTC exchange rate stabilizes
[/quote]Yes and LTC/FTC
[/quote]I think FTC/LTC would be awesome to exchange directly :)