Bitcoin Forum
May 11, 2024, 05:56:57 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Alternate cryptocurrencies > Mining (Altcoins) > Verge mining - data from Whattomine.com
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: Verge mining - data from Whattomine.com  (Read 131 times)
WaveFront (OP)
Member
**
Offline Offline

Activity: 126
Merit: 10


View Profile
February 07, 2018, 09:13:21 AM
 #1
Hello,
I am presently mining Verge (XVG) using the Lyra2REv2 algorithm.
From the data I am reading on whattomine.com, there are massive profitability swings sometimes going from 130% to 30% several times in one hour.
Is this normal? Is there a reason why there are such large swings in profitability?
1715407017
Hero Member
*
Offline Offline

Posts: 1715407017

View Profile Personal Message (Offline)

Ignore
1715407017
1715407017
Reply with quote  #2
1715407017
Report to moderator
"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715407017
Hero Member
*
Offline Offline

Posts: 1715407017

View Profile Personal Message (Offline)

Ignore
1715407017
1715407017
Reply with quote  #2
1715407017
Report to moderator
1715407017
Hero Member
*
Offline Offline

Posts: 1715407017

View Profile Personal Message (Offline)

Ignore
1715407017
1715407017
Reply with quote  #2
1715407017
Report to moderator
1715407017
Hero Member
*
Offline Offline

Posts: 1715407017

View Profile Personal Message (Offline)

Ignore
1715407017
1715407017
Reply with quote  #2
1715407017
Report to moderator
Bigpiggy01
Hero Member
*****
Offline Offline

Activity: 1138
Merit: 523



View Profile WWW
February 07, 2018, 10:40:07 AM
 #2
Yes,

It's still a "tiny" coin so wild swings are the norm. That's the fun part of mining the new or small cap coins.
                         ▄▄▄█
              ▄▄▄▄▄▄▄██████▀
      ▄▄█████████████████▀  ▄█
   ▄██████████████████▀ ▄▄██▀
  ███████████████▀▀  ▄▄█▀▀
 ███████████▀▀▀     ▀▀
 ██████▀▀   ▄    █
 ███▀  ▄▄████   ▐█
 █▀   ▄████▀   ▄█▌
      ▀▀▀    ▄██▌
▐▄ ▀█▄▄  ▄▄████▀
██▀  ▀▀█████▀▀
▐▌		RAPTOREUM
  TOKENIZING THE WORLD!		  ██▀
▐▌
▐║
▐║
▐▌
██▄		[ POW Algorithm: GhostRider  ◈  Anti-FPGA/ASIC ]
Assets/Tokens ◈ Masternodes ◈ Smart Contracts
.51% / Double Spend Protection, Instant Speed, Private Send.
▀██
▐▌
║▌
║▌
▐▌
▄██
█▀
█
█
█
█
█
█▄
◈ ──  SOCIAL MEDIA ─── ◈
❏ Reddit ❏ Telegram ❏ Discord
❏ Twitter  ❏ Medium ❏ GitHub
▀█
  █
  █
  █
  █
  █
▄█
warning_btc
Member
**
Offline Offline

Activity: 378
Merit: 11

Decentralized Digital Billboards


View Profile
February 07, 2018, 10:45:59 AM
 #3
Its only cpu minable coin, when some big datacenter connect to mine profitabilty decreases, and vice versa
Pages: [1]
  Print  
Bitcoin Forum > Alternate cryptocurrencies > Mining (Altcoins) > Verge mining - data from Whattomine.com
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!