Mining BTC at a loss? Give a chance to Namecoin.

MacMiner (OP)

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Mining BTC at a loss? Give a chance to Namecoin.

August 06, 2011, 04:12:35 AM

Move some cards to NMC and see what happens.

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Sukrim

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Re: Mining BTC at a loss? Give a chance to Namecoin.

August 06, 2011, 10:35:09 AM

...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://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.

DavinciJ15

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Re: Mining BTC at a loss? Give a chance to Namecoin.

August 06, 2011, 03:03:31 PM

Quote from: Sukrim on August 06, 2011, 10:35:09 AM

...you will loose even more! Roll Eyes

80% of the time bitcoin mining was at a loss. Those that took took that loss are laughing now even at the falling values.

Sukrim

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Re: Mining BTC at a loss? Give a chance to Namecoin.

August 06, 2011, 05:49:36 PM

Quote from: DavinciJ15 on August 06, 2011, 03:03:31 PM

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://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.

Prashantrastogi3027

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Re: Mining BTC at a loss? Give a chance to Namecoin.

April 27, 2018, 09:57:43 AM

Quote from: DavinciJ15 on August 06, 2011, 03:03:31 PM

Quote from: Sukrim on August 06, 2011, 10:35:09 AM

...you will loose even more! Roll Eyes

80% of the time bitcoin mining was at a loss. Those that took took that loss are laughing now even at the falling values.

from where u got this news? any reference?

KeijiN

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Re: Mining BTC at a loss? Give a chance to Namecoin.

April 27, 2018, 10:02:36 AM

I have heard, that the regular one-person mining is nor profitable anymore. expenses on to mine one block are too huge now?

Prashantrastogi3027

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Re: Mining BTC at a loss? Give a chance to Namecoin.

April 27, 2018, 10:49:17 AM

Quote from: MacMiner on August 06, 2011, 04:12:35 AM

Move some cards to NMC and see what happens.

Youi can tell us plz what will be happen if we going to move with NMC?

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