Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Man From The Future on June 17, 2011, 04:34:03 PM



Title: Namecoin mining no longer more profitable :(
Post by: Man From The Future on June 17, 2011, 04:34:03 PM
Namecoin mining is no longer more profitable than mining for BTCs.

The "gold rush" is over! :P


Title: Re: Namecoin mining no longer more profitable :(
Post by: grue on June 17, 2011, 04:40:41 PM
one word:
competition


Title: Re: Namecoin mining no longer more profitable :(
Post by: Chucksta on June 17, 2011, 06:11:21 PM
yep, but was bound to happen. Made a nice lot of money during the last week and a half :)

Looks like BTC price is in free fall..


Title: Re: Namecoin mining no longer more profitable :(
Post by: DonMon on June 17, 2011, 06:17:19 PM
Yeah...out of laziness I put off looking into it until yesterday night...shoot.  Well I made a whole shiny 1 BTC more than I would have (before the Namecoin difficulty increase wiped out the NMC/BTC exchange profitability)...looks like I'm back to the BTC grind...

In fact, as of right now, your losing money if your mining namecoins (albeit only a fractional amount)..

Once again, i'm late to the party!


Title: Re: Namecoin mining no longer more profitable :(
Post by: eightspaces on March 28, 2014, 01:05:06 PM
you guys are late