So, a few of you have mentioned YACoin. What's so great about it? I don't even see it listed on Coinwarz or CoinChoose.
YAC GPU mining is for me the most profitable.. GPU mining? Didn't realize that was possible. |
|
|
|
what coin currently has the lowest difficulty? (and is still a legit alt-coin)
Depends what you mean by legit, but Fastcoin has a low difficulty - see http://www.coinchoose.com/ |
|
|
|
|
Difficulty / straight profitability seems the same as coinwarez. The adjusted profitability is different, but not available there.
|
|
|
|
Coinchoose doesn't seem to be showing the right profitability compared to other sites, it's been like that for several hours now.
Which currency? |
|
|
|
|
Well - I know that ever few months we get someone who has a "trading bot" for Windows, has similar pretty screenshots, offers to sell it for about the same price here, always versions it v1, v2, talks about features coming to the next version, and mysteriously a lot of people who had accounts formed around the same day come and say they have used it and it is good.
Not saying this is that - but has any old forum people here tested this out and can confirm it works and does not install a malicious "bot"?
|
|
|
|
|
Just REALLLLYYY SLOOOOOWWW here
But it is up.
|
|
|
|
|
Is that blockexplorer down?
|
|
|
|
Isn't it true though that you'd want to react as fast as possible to that change? Not have some average which you can't accurately know when to mine and when not to.
Not really because while it may go down, it will likely bounce back up right away. Unless I could forecast what will be the average over the next block (or set of blocks), instantaneously looking at the difficulty is not accurate at all since it will change almost as soon as you look at it. This makes TRC hard to gauge in any way, unfortunately. |
|
|
|
|
My TRC difficulty is smoothed out based on an average over a recent timeframe (been awhile, but I believe last hour). TRC moves soooo quickly that any instant snapshot based on the blockchain data will be wrong in the next minute (and certainly before the block is mined). That is why my data differs - as the blockchain data moves too quickly on this coin.
|
|
|
|
|
I think they mean CryptoSwitcher. Right?
|
|
|
|
It's actually not as bad as coinchoose says it is.
Mining WDC, you get about 75-95% of what the calculators say, depending on hashrate.
Coinchoose has it at like 67%.
You are probably right, which is why I give the two numbers (plus an average). I'd rather estimate low than high. |
|
|
|
lets bug sal to get mec on coinchoose since we got the block explorer up
Give me about 3 hours and it will be up. |
|
|
|
|
I mean "remember RUCoin" - now dead but it was a heck of a ride during its pump and dump. It STAYED at 1000% profitability for like days.
|
|
|
|
i'd like to see a coin that is pegged at the exact profitability of 110% or whatever. hehe.
what would happen to the price of the coin if that were the case?
Miners flock to it, difficulty goes up. For everyone to maintain profitability, the block reward increases. Supply has now increased, so the price goes down, and to maintain profitability the block reward must increase. This is a positive feedback loop that leads to hyperinflation, generally regarded as a bad thing. Maybe - but wouldn't it be fun to see it fly?! |
|
|
|
I think it is impossible to be constantly profitable especially if you follow coinchoose.com or similar sites. That is my experience.
I don't have the solution yet:)
Depends on what you mine. CoinChoose was created after I mined RUCoin (remember that) and made a killing compared to mining straight BTC during that same timeframe. Opportunities exist still to do better than BTC, but you need good pools, take into account stales, and make sure you are trading at the pricing originally listed or as fast as possible. |
|
|
|
|
Show Posts
