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Author Topic: Mining BTC at a loss? Give a chance to Namecoin.  (Read 1595 times)
MacMiner
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August 06, 2011, 04:12:35 AM
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Move some cards to NMC and see what happens.
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Sukrim
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August 06, 2011, 10:35:09 AM
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...you will loose even more! Roll Eyes

If you want to increase NMC mining, mine Bitcoins + buy Namecoins. You get more Namecoins than directly mining them + the chance to create a new Namecoin bubble to profit from your previously acquired Namecoins.

https://bitfinex.com <-- leveraged trading of BTCUSD, LTCUSD and LTCBTC (long and short) - 10% discount on fees for the first 30 days with this refcode: x5K9YtL3Zb
Mail me at Bitmessage: BM-BbiHiVv5qh858ULsyRDtpRrG9WjXN3xf
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August 06, 2011, 03:03:31 PM
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...you will loose even more! Roll Eyes

If you want to increase NMC mining, mine Bitcoins + buy Namecoins. You get more Namecoins than directly mining them + the chance to create a new Namecoin bubble to profit from your previously acquired Namecoins.
80% of the time bitcoin mining was at a loss.  Those that took took that loss are laughing now even at the falling values.
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August 06, 2011, 05:49:36 PM
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80% of the time bitcoin mining was at a loss.
Got some data or did you just pull that out of your ... whereever you pull out made up numbers?

Also I laugh at those that mine Namecoin at a loss compared to Bitcoin - something that was NOT here, when Bitcoin started. You can easily switch mining between these 2 "currencies" and currently it's just better/easier/more profitable to mine Bitcoin and buy Namecoins than mining Namecoins directly.

https://bitfinex.com <-- leveraged trading of BTCUSD, LTCUSD and LTCBTC (long and short) - 10% discount on fees for the first 30 days with this refcode: x5K9YtL3Zb
Mail me at Bitmessage: BM-BbiHiVv5qh858ULsyRDtpRrG9WjXN3xf
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