Block countdown
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00000001
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We are only 52blocks left again from new retarget. Seems difficulty will climb 41.4%
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[quote name=“d2” post=“12413” timestamp=“1370873143”]
[quote author=sheepson link=topic=1044.msg12409#msg12409 date=1370871913]
We are only 52blocks left again from new retarget. Seems difficulty will climb 41.4%
[/quote]Shouldn’t have much of an impact really considering the popularity of the coin is steadily increasing. Certainly won’t be anything like the first re-target :)
[/quote]I agree, our jumps before were something like 27 -> 90 -> 130 -> 180, since the hashrate is still climbing i think we probally will rise again after this. The 41.4% maximum change is going to prove itself as a good thing i think :)
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We are at 133 difficulty with 1.7 Gh/s.
340 blocks remain for retarget, should get there in a day or so. Difficulty will drop to 94 then.
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Seem to be in quite a good place with hashrate and profitability now. Hanging around in positive percentages and readjust not too far away.
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[quote name=“erk” post=“13528” timestamp=“1371023538”]
The hash rate has dropped from 6GH/s down to 1.6GH/s, the block time has blown out to over 7min, and the profitability is 97% against BTC, which means miners will keep churning to other coins until the hash rate gets low enough for another attack attempt.Any suggestions on how to get the profitability up to attract miners again?
[/quote]I’d suggest that we will get more small miners on board through curiosity, just to see what all the talk is about and these will be somewhat less likely to jump if profitability drops by a percentage point or two. This is more sustainable long term and means there will be less swings.
We need to attract miners, but we need a better balance between hardcore profit chasers who jump at the drop of a hat, and miners who want to support FTC as a concept, and will tolerate larger swings in profitability.
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7 blocks till retarget and we are already seeing a rise in hash. Hopefully we will have small oscillations and then stabilise.
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Remarkably stable now. After the retarget in 3 hours the difficulty is supposed to drop by 0.5 only.
