|
Title: Why are there no SHA-256 coins more profitable for mining than Bitcoin Post by: Gazza1 on April 16, 2014, 04:09:59 PM Scrypt Alts are more profitable than Litecoin so why aren't SHA-256 alts more profitable to mine than Bitcoin? All the ones I see are actually worse.
Title: Re: Why are there no SHA-256 coins more profitable for mining than Bitcoin Post by: BitJohn on April 16, 2014, 04:44:44 PM Scrypt Alts are more profitable than Litecoin so why aren't SHA-256 alts more profitable to mine than Bitcoin? All the ones I see are actually worse. A couple reasons I would think. For one Scrypt coins are held up by the cost of mining since miners wont sell at a loss (or shouldn't). GPU mining is more expensive so the cost of Scrypt coins is higher. At least that would be my guess. Title: Re: Why are there no SHA-256 coins more profitable for mining than Bitcoin Post by: tokyoghetto on April 16, 2014, 04:49:41 PM as soon as any sha256 coin becomes more profitable than BTC, its gets `pound me in the ass prison gang raped` by ASIC terrahashers. At least that is my theory.
Title: Re: Why are there no SHA-256 coins more profitable for mining than Bitcoin Post by: Zzzack on April 16, 2014, 05:20:44 PM as soon as any sha256 coin becomes more profitable than BTC, its gets `pound me in the ass prison gang raped` by ASIC terrahashers. At least that is my theory. ^^ I wish I could mine something more profitable than BTC, but we are all checking coinwarz Title: Re: Why are there no SHA-256 coins more profitable for mining than Bitcoin Post by: Gazza1 on April 16, 2014, 05:21:27 PM That all makes sense
Title: Re: Why are there no SHA-256 coins more profitable for mining than Bitcoin Post by: noirtalks on May 19, 2014, 07:13:47 PM a good option is to mine at a profit switching multipool like noirpool.com that pays out in a strong currency like NoirShares
|