Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: darkphantom934 on April 20, 2014, 12:35:03 AM



Title: Profitability recently
Post by: darkphantom934 on April 20, 2014, 12:35:03 AM
The CoinWarz profitability seems to be going up for both Scrypt-N and Scrypt coins. I would have thought that, because of the scrypt ASIC's, profitability would go down. This doesn't seem to be the case. Any ideas?


Title: Re: Profitability recently
Post by: stacksmasher on April 20, 2014, 03:07:17 AM



Bitcoin goes up.... everything goes up.


Title: Re: Profitability recently
Post by: Equate on April 20, 2014, 05:02:35 AM
most of currencies are paired with Bitcoin , so if its price rises , others rise as well.


Title: Re: Profitability recently
Post by: fattypig on April 20, 2014, 10:10:13 AM
The CoinWarz profitability seems to be going up for both Scrypt-N and Scrypt coins. I would have thought that, because of the scrypt ASIC's, profitability would go down. This doesn't seem to be the case. Any ideas?

This is just temporary, scrypt ASIC is about to deliver.


Title: Re: Profitability recently
Post by: stacksmasher on April 24, 2014, 03:07:02 AM

Don't be fooled... the diff will go so high most alts will hard fork x11 or Jane...





The CoinWarz profitability seems to be going up for both Scrypt-N and Scrypt coins. I would have thought that, because of the scrypt ASIC's, profitability would go down. This doesn't seem to be the case. Any ideas?

This is just temporary, scrypt ASIC is about to deliver.



Title: Re: Profitability recently
Post by: Rulishix on April 24, 2014, 03:08:38 AM
Profitability will go up temporarily until the shit hits the fan. The shit being the asixs and the fan being the coins.


Title: Re: Profitability recently
Post by: Wipeout2097 on April 24, 2014, 07:26:04 AM
It's also ciclic in a way

When profitability becomes low, casual miners stop using the videocards for mining, some others power off or even put for sale. The trend is created along some days or weeks, and eventually difficulty adjustment gives you more coins per hash. Profitability increases to where it's becoming worthwhile, then people flock again to mining, etc...