Hi CrimsonGT,
As of this moment, a 4.7TH/s S7 would net you about 10.4 EMC per day. The difficulty has risen significantly along with the price. This would be about $4.63 a day. If you have the money laying around you might as well jump on a new S9 when the price drops a little.
If your electricity is cheap you can certainly profit from mining. If you don't want to deal with the electric bill increase as you are mining and holding your EMC, I would suggest buying some from an exchange. Personally I enjoy mining and even when I want to purchase coins I usually end up purchasing extra hashing power and mining them instead. It doesn't matter to me if my profitability falls slightly in the red because I believe the coin is still significantly undervalued at this point.
If you want to get an S7 at a good price and quickly I'd recommend buying from Scott at
holybitcoin.com. I've purchased from him before and had no issues.
If you want to learn more about Emercoin feel free to ask. There is a lot of development in progress and great projects on the horizon for EMC so you've placed your faith well. I'm always here to help!
Hi,
I came over this coin a few days ago and have been trying to mine it for a coupple of days. It might be the pool that has some issues, but even with 350+Th for 10 straight hours, the pool found 2 blocks. I am NO expert on this, but that seems a little odd.
I was providing 200 of the Th, but after this result, im on the verge of dumping this.
Do you have any idea on what can cause this? or if you know of other working pools, couse I see that blocks are being found(blockexploerer) but NONE comes to the pool ive been mining.
For the record, I'm pretty new at this, so spoonfeeding would be prefered!
Best regards
Link93
