Please follow progress in sticky 'hard fork' topic
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[quote name=“justabitoftime” post=“2446” timestamp=“1368263958”]
"To me it looks like we should not just wait on this like Freicoin did.The best option is to go for a four times faster difficulty adjust but with a much less variable adjust. This means when the difficulty comes down it will only do so by 40% which will not bring all the miners running but will be enough to entice some back. This will stop us from turning into bubble coin.
I have made some basic changes and am getting some peer review. I will come back here to let you all know the details when I have them." - Bushstar
[/quote]Indeed it’s good news. Question is, WHEN will the difficulty drop? If it’s still 20+ days, I think we’re dead in the water. Is there a plan to reset the difficulty in the immediate future?
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I’m not entirely convinced we would survive 4-5 days hence the question. The longer we wait the more the hash rate is dropping. :'(
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[quote name=“Nutnut” post=“2456” timestamp=“1368264902”]
I’m not entirely convinced we would survive 4-5 days hence the question. The longer we wait the more the hash rate is dropping. :'(
[/quote]It will take time. You need to give people at least 2-3 days before implementing any change.
Just got a message on BTC-e from a user asking for pools and all. Things will pick up - hold tight.
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LTC diff is now 596.88 after pool fees that’s approx 1.6 coins a day per 1mH/s - And don’t forget the [i]current [/i]LTC price is based on Gox adoption - But when?
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Action is needed, go for it.
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Do it! will keep my rigs directed at ftc for some time, but 20 days that i just cant afford!
Like they say in the movies: Its do or die time!
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[quote name=“svennand” post=“2471” timestamp=“1368268683”]
Do it! will keep my rigs directed at ftc for some time, but 20 days that i just cant afford!Like they say in the movies: Its do or die time!
[/quote]Agreed - and the pool hash rates are dropping again.
At present it’s costing me just shy of £20 per day to run these rigs. We need some action quick smart. :'(
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[quote name=“Nutnut” post=“2485” timestamp=“1368273248”]
[quote author=svennand link=topic=386.msg2471#msg2471 date=1368268683]
Do it! will keep my rigs directed at ftc for some time, but 20 days that i just cant afford!Like they say in the movies: Its do or die time!
[/quote]Agreed - and the pool hash rates are dropping again.
At present it’s costing me just shy of £20 per day to run these rigs. We need some action quick smart. :'(
[/quote]i recently invested in 2 more rigs (not happy until i cross 10khash). So seeing an income is important=)
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+1 on this decision
But I am with NutNut, I can’t burn 5000 watts at the wall for 20 more days ;)
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I think once news gets out that there’s been a change in the re-target algo some people who jumped off will jump back in to help as well as other people who were fond of FTC but would still rather mine profitable coins.
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Please follow the discussion here:
[url=http://forum.feathercoin.com/index.php?topic=363.0]http://forum.feathercoin.com/index.php?topic=363.0[/url]