Mining FTC vs LTC (simple math inside)

[blastbob]

3x 7970 gives you ~4.5 LTC day.
3x 7970 gives you ~300 FTC a day

4.5 LTC worth ~18$
300FTC worth ~9 LTC a day ( on cryptonit.net )

Conclusion:
FTC gives you around 9 LTC x 4$ = ~36$ while 4.5 LTC gives you 18$

[1715658815]

1715658815

[1715658815]

1715658815

[perhan007]

3x 7970 gives you ~4.5 LTC day.
3x 7970 gives you ~300 FTC a day

4.5 LTC worth ~18$
300FTC worth ~9 LTC a day ( on cryptonit.net )

Conclusion:
FTC gives you around 9 LTC x 4$ = ~36$ while 4.5 LTC gives you 18$

If you want it to stay that way you probably better shouldnt publish it widely...

[mr_random]

I don't know the exact figures but mining feathers is definitely a lot more profitable.

[blastbob]

If you want it to stay that way you probably better shouldnt publish it widely...

Just some fun facts

[chriswen]

maybe because it's overvalued.  

[aikklond]

Maybe because as Dificulty rapidly increases in some days it wont be this way.

THUS, people keep their FTC instead of trading them= LOW SUPPLY.


I for one dont trade my FTC yet. Difficulty rises FAST , and then Production/Price ratio will equalize , in a much higher price for FTC than it is now.


Approximately 1 FTC = 0.01 LTC at first.


So anyone who buys FTC now will benefit, anyone who mines FTC will benefit more!



Dont miss the boat people.

[UKMark]

Another (not so simple math inside - for me anyway ) But I am noticing an ever so slight increase in hashing power over LTC, I could only ever manage 1260 avg with LTC (and that was constant over a 5 month period - regardless of which pool I used) yet with the same settings on FTC I am seeing 1294 avg (after a week)... I know LTC & FTC are very similar concepts, so I wonder does the difficulty also affect hashing power? Or could it be the block reward?....Or something else?... Genuine questions as I really ain't got the foggiest why....

[UKMark]

Maybe because as Dificulty rapidly increases in some days it wont be this way.

Difficulty recently "jumped" from 24 to 27, which means peak of hashpower dedicated to FTC is almost reached. As with all coins by now after their release, there was
a hype phase followed by major price drop phase - make sure you dumped your FTC before price soon hits lowest ever value. Naive ones will lose, smart ones will win.

Like BTC & LTC did?