Yup my rigs will be moving if the profitability drops below LTC. I've been dumping them all as I go, who's buying this stuff??
Smart people are buying them...
Profits are relative to amount invested. My rigs are long paid for my only FTC expense has been power consumption. Let me know when you get a 780% return on your FTC investment. Then we can discuss who the smart people are.
24,000khs = $25 per day electricity
24,000khs = 2500 FTC per day (at 40 diff) - last 24 hours
2500 FTC = $500 ROI = 780%
Then there is the few days before that:
24,000khs = $25 per day electricity
24,000khs = 6000 FTC per day (at 15 diff) -- I'll let you do the rest of the math..
If I total my sales, avg was 47LTC per 1K FTC.
If a buyer wanted a %780 on 47LTC/1K FTC then they have to sell at 370 LTC -- good luck.
Why would I want a return? I have a job. I believe in FTC in the long term.