Im calculating again on whattomine... with 6gpu im earning 2.99$ on ravencoin and 4.50 $ on nicehash so how is ravencoin more profitable? im earning about 70-80 rvn per day
Nicehash is mining you BitCoin, which went down over $1000 in value in the last week. Roughly 13% drop.
RavenCoin is at $0.04 a coin, it's expected (or hoping) to at the very least break $1 one day.
So while today you are making $4.50 on Nicehash, that $4.50 became $3.91 after that 13% drop. Even if it climbed back up to $8000, you're back to $4.50 and even if it went back up to $9000, then you $4.50 became $5.08.
$2.99 of Raven coin today at $0.04 could end up being $74.75 (at $1 per coin) one day. That's why RavenCoin is worth it for us to mine. Could it never happen? Definitely. No one thought BitCoin would shoot up to $21,000 a coin. I doubt Raven will ever get close to that. But what if it went to a measly $10? Now that $2.99 in raven coin you mined PER DAY is worth $747.50.
That's the risk I'm taking with RavenCoin. I'm not doing it for money today but money tomorrow.
If you were to mine for 1 BitCoin, at $4.50 a day, it would take you 1509 days to earn $6,791 (todays value) If you were to get RavenCoin and it simply went to $1 a coin (74 coin a day) you would have only had to mine for 91 days to make the same $6,791. I know my math doesn't take into account difficulty increase, the point is to illustrate the difference in how to earn between BitCoin on NiceHash and mining RavenCoin.
I'd rather gamble on RavenCoin and earn as much in 91 days of mining then to play it safe and mine with NiceHash and have to wait 1509 days to earn the same potential amount.