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Title: altcoin mining drought is here! Post by: kalus on March 07, 2014, 06:37:40 AM bitcoin sneezes and shitcoins are catching the flu.
https://i.imgur.com/Bkypll7.png http://poolpicker.eu/text.php http://poolpicker.eu/ profitability is down on most coins, and the same equipment is making less money they were a couple of weeks ago. maybe computing resources are spread too thin between shitcoins, or maybe people are pulling out of shitcoins and buying up the cheap bitcoins. whatever the reason, overpriced video cards and prospective miners looking at 200+ days to break-even are the threads i've been reading this week. I'm figuring this is a good time to discuss the drought in mining, how long you think it will last, and what the fuck miners are planning to do. Title: Re: altcoin mining drought is here! Post by: cryptohunter on March 07, 2014, 06:42:04 AM bitcoin sneezes and shitcoins are catching the flu. http://poolpicker.eu/text.php http://poolpicker.eu/ profitability is down on most coins, and the same equipment is making less money they were a couple of weeks ago. maybe computing resources are spread too thin between shitcoins, or maybe people are pulling out of shitcoins and buying up the cheap bitcoins. whatever the reason, overpriced video cards and prospective miners looking at 200+ days to break-even are the threads i've been reading this week. I'm figuring this is a good time to discuss the drought in mining, how long you think it will last, and what the fuck miners are planning to do. sell the rigs use the money to start day trading on the exchanges, way better returns if you get it right. Title: Re: altcoin mining drought is here! Post by: alani123 on March 07, 2014, 06:42:48 AM I thaught it was because of the scrypt asics.
I've been mininf scrypt-n the last few days, it's a bit more profitable. Also check out http://trademybit.com/ they have a scrypt-n multiporn. Title: Re: altcoin mining drought is here! Post by: Fraxinus on March 07, 2014, 06:43:40 AM bitcoin sneezes and shitcoins are catching the flu. http://poolpicker.eu/text.php http://poolpicker.eu/ profitability is down on most coins, and the same equipment is making less money they were a couple of weeks ago. maybe computing resources are spread too thin between shitcoins, or maybe people are pulling out of shitcoins and buying up the cheap bitcoins. whatever the reason, overpriced video cards and prospective miners looking at 200+ days to break-even are the threads i've been reading this week. I'm figuring this is a good time to discuss the drought in mining, how long you think it will last, and what the fuck miners are planning to do. 200 days to break even..? If you join a multipool maybe. Title: Re: altcoin mining drought is here! Post by: kalus on March 07, 2014, 07:01:00 AM 200 days to break even..? If you join a multipool maybe. you're right. Feathercoin went up by 0.08% today. moon here we come!oh wait, it's going down again. Title: Re: altcoin mining drought is here! Post by: username here on March 07, 2014, 07:08:45 AM I wouldn't say there is a drought at all, in fact, the massive hash thrown at every shitcoin is mindblogging.
Title: Re: altcoin mining drought is here! Post by: kalus on March 07, 2014, 07:13:23 AM the massive hash thrown at every shitcoin is mindblogging. there's not enough hashing power to secure their blockchains. the Auroracoin gravity well thread illustrates this problem clearly. Title: Re: altcoin mining drought is here! Post by: mazuma on March 07, 2014, 09:12:10 AM wanna hold my hand during the drought?
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