[FAQ] Analysis of the Feathercoin Block chain Difficulty history
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There are now some great charts available. Data analysis I previously had to do manually with a spreadsheet
I have taken the full Feathercoin Difficulty History and averaged it over 3 days so the events are smoothed slightly and are more clear to see at that timescale. The green line is the actual Difficulty.
On the attached Chart, you can see the early peak difficulty, due to the a 51% hash attack in May, that left Feathercoin at high difficult low hash. That was punished loyal miners, till the beginning of June 2013.
You can see the second attack latter around 20th June, as soon as Feathercoins difficulty recovered. You can see how Feathercoin was saved from that attack by Multipools, switching to feathercoin because of the mining profitability increased.
As we move on you can see more multipools come on line and their difficulty switching starts to become more of an issue in August. Attacks are there, but aren’t successful in taking 51% network, so start to fade.
After the difficulty granulation fix, in October, you can then see a slow decline in miners as the “pool switches” move on, leaving loyal miner and a secure steady difficulty.
At the end you can see the gradual increase in hash rate as new members from the end of November, start to mine. In is a more sustainable and steady increase and shows the success of the technical work to protect Feathercoin network.
It is possible to note the standard bitcoin protocol adoption spikes. This is the difficulty increases as each wave of concurrent publicity attracts a new surge of miners.
Well done Team…
P.S. The second chart is an Animation of the Feathercoin difficulty.
The difficulty (equivalent to the Number of Miners or network Hash Rate, Of the “Previous set of blocks mined”) is averaged over longer time periods, 1 day then 2 up to 140 days, gradually smoothing out the variations …
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