Post
Topic
Board Altcoin Discussion
Re: [FRC] - Difficulty Adjustment fork moved closer! [HARD-FORK @ block #28336!]
by
Mike270
on 22/05/2013, 16:33:05 UTC
And when the dif drops to 1/4 of what it is now, the profit calculator on dustcoin will show near 85% profitability due to new lower mining dif. As the dif further lowers to adjust to net hash the profitability will continue to rise along with more miners coming back to the network and hopefully the price for FRC increases as it becomes traded more again.

..unless something like with BitBar happens that I'm looking at closely since a few days, as it is comparable to Freicoin insofar, as that it seems to have the most advanced (imho) diff adjust filter at the moment (we need to see how freicoin's will perform).
There was a huge hype when it entered exchanges, then it was dropped and difficulty was slowly adjusting.
Ever since diff adjust cause profitability to enter the 100-110% range, exchange rates seem to slowly but steadily drop (at least until today, might be a reversal coming up imho), "magically" keeping profitability in that range, almost as if some solo miner (one can see that the percentage of blocks via the largest bitbar pool was also sloly going down from >80% to just slightly above 70% during that time) with a few bitbars/bitcoins to spare (for price manipulation) just wanted to quietly hash along without other miners that decide purely upon profitability what to mine to notice.
(Just my 5ct, not an investment recommendation, and YES, I'm mining BitBars with my GPUs whereas my FPGAs go to Freicoin)

So I think it's good to have an eye open to what happens in the BitBar area as it may well teach us things for Freicoin (and vice versa)