Team AIRcoin has released a new paper explaining mining profitability and explanation:
http://www.teamaircoin.org/press/AIRcoin%20first%2024%20hours.pdf It currently sits at being about ~60% more profitable to mine than Spaincoin or Dogecoin, at a difficulty just over 16.
One important chart is using an Index (difficulty / price) to track movements of a coin easily, without needing to rely on a third party website, so you know just when a coin is no longer profitable. It results in this chart:
Right now, having a value (AIR index, explained in the paper) of 10315 or higher makes AIR less profitable than the best listed coin (Spaincoin being compared) which means having a Difficulty/Price value anywhere just over the blue line on the chart. It's sitting at an index of 8477 right now (just under the yellow line), meaning it has to go 25% higher in difficulty (or 25% lower in price, or anywhere on that line) before it will become less profitable to mine. It is also interesting that at lower prices and difficulties, it is very easy to suddenly change profitability positions than it is on coins with high difficulties and high prices.
We want to know what hardcore miners use to compare coin profitabilities (before factoring their electricity costs) and what makes them move to a particular coin, and whether they agree with what the paper puts forward. We've noticed that the payoff of a standard bitcoins-equivalent-per-kilohash-per-day remains relatively stable for most coins, and right now is at .00000721 BKD for coins listed on Coinwarz, and higher for coins yet unlisted. They also compare market actions to a multipool-based coin, to see how similar coins that use multipools are to investment firms.
So, in one question, we want to know what you think and get some debate going: Can you use market analysis on mining markets, where supply is the block reward and block time, demand is the network hashrate, and difficulty is the price?
