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Are Nasdacoin deposits not working?
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GPU mining is much more profitable.
A 1080 Ti makes more than an Antminer S9, D3, or L3 despite consuming a fraction of the power and producing none of the heat and noise. It also has kept almost 100% of its resale value, while the ASICs have lost almost all of theirs.
Ultimately, the only people who benefit from ASIC mining are the manufacturers of ASICs. They are effectively taking a big chunk out of the zero-sum game of cryptocurrency mining and giving nothing in return.
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1. Difficulty increases much faster for ASIC coins.
2. ASICs are harder to use (either you need a separate building/warehouse or you need to tolerate a jet engine in your home).
3. GPUs have much higher resale value and have value that is independent of the cryptocurrency market.
GPU mining is therefore much less risky, which is why it has a lower return on paper. It's a much better investment, in my view, than ASIC mining.
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Bitmain is directly competing with you for mining profits and they are making the equipment that you have to buy in order to mine.
Why do you think you'd ever be able to profit in such an arrangement?
The only way for normal people to make profits with mining is GPU mining.
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The question is: are they going to fix it or they have just switched it off forever to make their own pumps and to rob fools... as they are doing with many other altcoins.... i only regret of the coins, I sent their....
I don't know. They can make a lot of money by running an honest exchange and collecting trading fees. It could be that they are very understaffed. |
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Yobit needs to fix the wallet.
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The only reason that ASICs are winning is that ASIC manufactures are bribing developers to do nothing about ASICs taking over an algorithm. It would be very easy for a coin like Zcash to tweak Equihash and prevent all of the Z9s from mining. (Monero showed how simple and effective it is.) Contrary to Vorick's claims, ASICs cannot easily get around such a change -- if they were able to, then they wouldn't be much more efficient than current GPUs.
The author of the blog sells ASICs, so it's in his best interest to make GPU miners think there is no hope. He's also a very sleazy person. He accepted crowd funding for five batches of Siacoin ASICs almost a year ago and has yet to deliver a single product. So given his behavior, I can't trust anything Vorick says. In fact, I'm inclined to believe he's a compulsive liar who will say anything to get money.
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It's pretty obvious that Zooko took a bribe from Bitmain.
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Why would you mine on MiningPoolHub instead of NiceHash?
NiceHash has higher profits for the most profitable algorithms and uses pay per share, which is much better for algo and coin switching. MiningPoolHub is garbage.
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UPDATE
1. Tune coin dropped in a price almost 60%, so it will be slippage in pendings for ones found this coin. Disabled all highly volative neo coins again. Will not that risky road anymore, and stick to coins with high liquidity
Are you planning to add these coins back? These smaller altcoins tend to be the most profitable. Even with the volatility, I think miners earn more with them. |
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I'm always happy to see a PPS pool. How are you funding this pool though? It seems like you are taking a huge risk with PPS and no fee.
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This is just about the laziest Neoscrypt masternode clone I've seen.
I doubt this coin will even make it to an exchange.
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If Bitcoin dies, then cryptocurrency is a failed experiment.
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The pool works very well -- it's best yiimp-based multipool I've used.
Is there any way you can add back Neoscrypt coins you removed? These are often the most profitable coins. Volatility is part of the crypto game.
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Very promising project. I like the roadmap.
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No. It looks like there was a chain split. This happens all the time in newly released altcoins. |
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The exchange price will probably be good for masternode owners, but unlikely to be good for miners.
For every 20 coins a miner is able to sell, a masternode owner can sell 80.
Miner also has higher hardware costs.
If coin was $2 masternode owners would be, "Awesome, $160 i'll take that. Miners would be "$40? how do i make money from that?"
This is compounded by the fact it will take a miner 5 times longer to afford a masternode.
Existing masternode owners can compound their returns 5 times faster so they will have more and more coins.
Any miners with a decent rig able to tell us how many coins they are getting in a day?
You should be able to get .4 coins with a GTX 1070 (1000 kh/s). I think this coin is an interesting project. The block reward is lower, but I think there's a good chance it won't get dumped as quickly as the other masternode coins. |
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Basically this is done in a way that the owners will have all of the emission of the coin for themselves.
Mining emission is extremely low therefore masternodes will increase very slowly.
Also because the emission is low, there is no selling pressure and the price of the coin will likely rise.
All in all, this is probably even worse than 30% of premine. What a shit.
It's actually a good strategy. Too many MN coins get mined and dumped, making them bad investments. |
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Whats the best pool to mine atm?
Bsod.pw Altminer is broken. Blocks don't get scored until 15 minutes after they are mined. You aren't getting properly paid for your work. |
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