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Is fobcoin a legit exchange? I see no volume and OP has not been updated. Anyone got info?
Looks dead to me. Wow still no Dev reply or message. Love his interaction with his community!! |
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I have seen this too many time before.
Already the Dev has gone AWOL, its obvious once the block reached 998 the interest and hash rate would skyrocket.
All it takes is a quick hello, good luck or thanks from the Dev, but even that is too much to ask and bestow a little confidence.
I'm pulling my miners, this coin will die.
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You would expect more updates from a takeover. Bye bye APEX, selling while I still can.
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I have found almost 70 blocks over night!
Lets get these 998 blocks done so we can get mining some DUO!
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Working SCRYPT pool if you still need one https://www.ipominer.com/stats?curr=duoIm on there now working fine. Edit. We really need to get these 998 blocks outta the way so we can start making some real DUO. |
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Is there an issue on the Scrypt side of things? The SHA pool I'm mining seems to be fine, we had 100+ Mh/s on Scrypt and were hitting regularly, then.... not so much.
As far as scam coin... seems like not making full reward until after ~1k blocks does level the field a bit. Nice idea. I'm interested to see where this goes.
Interesting, worth a few days mining I suppose. |
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This is the perfect coin for a skilled dev team. POW & POS was flawless. Only reason it tanked was a lazy dev. Stake your coins, and hold for a couple of weeks. If things work out you will be looking at 10x profit from here. Super tanked to sub 100 sat once and pumped to 15k sat - Voot tanked to around 30 sat once and pumped to 3k sat. Many other coins also did. It's possible to bounce!  most important is the name "Apex". As far as names go for a coin this is really top 10 top 10 of lowest market cap coins?  Totally agree, This coin could have gone a totally different direction had the community not lost faith in one simple failed feature. Maybe if they released the Webkit wallet first people may not have been so scared to panic sell? Looking forward to the takeover release. Still holding my coins, never really saw the point in selling them so low just to jump ship. Overall a solid and professional appearing coin. Just a bump in the road, I'm sure we can fix that  |
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Oh and 83% prof really sucks!
I dont understand why clevermining doesnt just mine LTC when the profit is so low.... I asked that question before and was given the 'rolling a dice' explanation. Apparently its all down to luck. I'm not going to argue, I've had it it multi pools so am mining single coins now that I think have potential on the market. |
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Yep agreed,
Profits are absolutely ridiculous now. In just 1 month its more than halved and its dropping fast every day. I've made back less than 10% of my investment so far and thats only gonna be less next month.
So much money buying ASIC miners to be totally devastated watching the profits plummet. Am I right these will never go up again? surely once people all say to hell with it and stop mining the drop in global hash rate will make mining profitable again?
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My question is this
CM mines the most profitable coin in comparison to LTC, right?
So say LTC is paying 0.007 BTC/MH per day then CM will look for a better coin to mine to exceed that said 0.007 BTC?
So why the hell when no coin is available with a higher payout % doesn't CM just mine LTC instead of dropping the payout to something like 40% of LTC?
Am I missing the absolute obvious? Please shine some light, I would be so grateful, many thanks.
Of course we mine LTC always when there are no more profitable coins and/or we put some portion of our hashrate into LTC if more profitable coins can't handle all our hashrate. Your question was answered numerous times and the best answers are probably these two: https://bitcointalk.org/index.php?topic=448649.msg5808056#msg5808056https://bitcointalk.org/index.php?topic=448649.msg7155326#msg7155326Im sorry I just don't believe you. Mining at 0.00022 BTC/MH on some hours and you say your pool can't see this and switch to LTC? Ghash.io shows real time stats and if a coin is better than LTC it mines it, if theres nothing better than LTC, it mines LTC!! I have never seen it mine anything below LTC and below 100% of LTC. Your answers are feeble and just deliberetly confusing. Its nothing to do with chance, its to do with real time statistics and making decisions based on those decisions. Oh and another thing, your system is skimming my hash rate. All day I have had a steady 140MH/s but your site records 125MH/s. Im sorry even with rejects I should not be seeing this reduced hash rate. http://www.clevermining.com/users/1MjbHQ9YY3CGNsmyPTCC5vpXtVGtwsNLTg |
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Sigh...
BTC/MH profitability falling every day.
How can the SCRYPT coin mining ever be profitable again? Does the market expect new coins to be mined at a loss and the price of all AltCoins keep falling without people deciding to switch off their miners?!
2 months ago mining was marginally profitable, now its just a joke and regardless of the ASIC surge, they still need new coins to keep the market going but thats not going to happen now the profitability is hitting rock bottom.
I think I have made a terrible mistake, my $14,000 savings on miners is written off. Bah!
notimpressed.com
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Yip that I do , have backup pools . No my internal struggle is there is a pool with higher btc per day , but they have had problems in the last two months , I have actually lost coins as a result. I have been here for a month and haven't had a hitch except for the 24 hour hashrate circle, but graphs were up so miners were still working. Otherwise it is a smooth operation. But thanks anyway.
TBH all the multi pools are basically the same profit wise. I tried Ghash for a few days but the payouts were identical. Considering I have spent almost £10,000 ($16,000) for 190MH/s, if the payout was to stay at 0.0007BTC / MH then I would pay back in 8 months. But seeing as in the next month I would estimate the payout to drop to about 0.0004-0.0005 BTC/MH then I don't ever see an ROI. This whole mining scheme looked worth it 6 weeks ago, now I'm just panicking I've lost all that money. Do you think the community will eventually give up on ASIC SCRYPT mining? If its not profitable then why bother? |
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Droool! if only we could have that payout per MH/s now I could buy my own private jet! Such a shame the difficulty is relevant to global hash! Damn you ASIC! (Points and waggles finger at his 14 x 14MH/s HASHRA Landers)  But no seriously if its starts going below 0.0006 more in the next month I can't see an ROI ant time soon  Anyone else in the same boat as I? if so what do you plan to do about it? |
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First post on here so forgive my stupidity. Been on CM for about 14 days now. Payouts seem to be regular and earnings consistent. A shame the BTC per MH/s has dropped massively over last month but I guess thats the result of the ASICs flooding the scene. My question is this CM mines the most profitable coin in comparison to LTC, right? So say LTC is paying 0.007 BTC/MH per day then CM will look for a better coin to mine to exceed that said 0.007 BTC? So why the hell when no coin is available with a higher payout % doesn't CM just mine LTC instead of dropping the payout to something like 40% of LTC? Am I missing the absolute obvious? Please shine some light, I would be so grateful, many thanks. Midge http://www.clevermining.com/users/1MjbHQ9YY3CGNsmyPTCC5vpXtVGtwsNLTg[edit] If you wondering why I have such high rejects, its because my 26MH/s HASHRA sucks and is being shipped back to china on Monday, its faulty. Roll on when my 10 x 14MH/s miners turn up, bloody hope they make back the £7500 I have spent!!! 3 year ROI anyone? eeeek! This is addressed on nearly every page in this thread. The short version is: VARIANCE. Slightly longer version: you wouldn't get 100% LTC profitability if you mined only LTC - due to pool fees, orphans etc. Furthermore, due to the random nature of mining (i.e. luck) you would have days significantly below 100% as well as above. In other words if CM is doing >= 98% LTC profitability it's already beating LTC-only mining, and you can see it's been above 100% quite consistently: http://clevermining.com/profitsI don't think it ever was at 40% LTC though. Now for the really bad news enter your numbers here: https://bitcoinwisdom.com/litecoin/calculatorTry 5% difficulty increase (optimistic) and then 10% (less optimistic) Thankyou all for your answers. I know the average % is better overall at the end of the 24 hours and I completely appreciate that. When I said 40%, if you look at the hourly breakdown of the profitability stats, on some of the hours, the profitability drops to about 30-40% of the current LTC rate. What I mean is why drop this far below on those hours, sure to mine LTC at 80-90% profitability would be better? Last 24 hours stats show 2014-07-12 18hours LTC 0.00066 BTC per MH/s 2014-07-12 18hours CM 0.00022 BTC per MH/s (the linear graph drops way below the LTC) So I am referring to the hourly stats, lets say you only used CM for this hours alone, you would have just been better on LTC? Am I completely missing the point? Please forgive my ignorance if the answer is obvious, I am a new shibe and am grateful for your input. Midge |
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First post on here so forgive my stupidity. Been on CM for about 14 days now. Payouts seem to be regular and earnings consistent. A shame the BTC per MH/s has dropped massively over last month but I guess thats the result of the ASICs flooding the scene. My question is this CM mines the most profitable coin in comparison to LTC, right? So say LTC is paying 0.007 BTC/MH per day then CM will look for a better coin to mine to exceed that said 0.007 BTC? So why the hell when no coin is available with a higher payout % doesn't CM just mine LTC instead of dropping the payout to something like 40% of LTC? Am I missing the absolute obvious? Please shine some light, I would be so grateful, many thanks. Midge http://www.clevermining.com/users/1MjbHQ9YY3CGNsmyPTCC5vpXtVGtwsNLTg[edit] If you wondering why I have such high rejects, its because my 26MH/s HASHRA sucks and is being shipped back to china on Monday, its faulty. Roll on when my 10 x 14MH/s miners turn up, bloody hope they make back the £7500 I have spent!!! 3 year ROI anyone? eeeek! |
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