Sorry I missed that. But you don't expect me to read over 200 pages every time I want to mine a coin!
2-3mill coins over 24 hours with 7 Mh/s at the exchange price offered now is a waste of electricity and usage of equipment in my opinion. 0.175 LTC in total, which is 0.004BTC!!!
Even multicoin pools offer .003*7=0.02BTC/24H and that's at the low end.
So how is this coin profitable?
The sad thing about this type of reply is everything has to be about "profit", luckily not everyone thinks that way. The coin originally tanked, and tanked bad, we had to put a coin cap/drastically reduce the coins in production and start working on real services. If you don't believe in it, we simply ask you move on then because you don't get the true spirit of mining.
Mining is to simply run the network, profit is derived from market cap and prices. If it's low, you get less money. That is as simple as it gets.
I know you hate that answer and i'm sorry. The sad thing is, if you do want it to be profitable the only way would be to leave your miners on it, convince more miners to join etc.
Even then, mining is only a small part of the network, and is not what derives the price. If everyone tomorrow stopped buying any coin, like no buy orders at all, every coin now has a value of zero.
Unfortunately due to major issues in the past, old developers jumping ship and a lot of other things the market tanked on flappycoin. We took over, listened to what community wanted and number one thing was to drastically reduce coins produced. We're sorry this seems like an inconvience, I mine myself and while I could make a lot more with my 2 MH by constantly jumping ship what's the point? We support coins we like, we don't support it for the profit.
We care about the coin, and if that payout is small(Which isn't our fault by the way, we told all services what new pay out was, they didn't update the information) then we don't know what to say. Other then we don't need further drama about "OH IT'S NOT PROFITABLE YET, SO I'LL JUMP SHIP MAKING SURE IT'LL NEVER BE PROFITABLE!" types of posts.
Network increases, price increases.
Services increase, price increases.
We added mandatory TX Fees paid out to pools through transactions.
Transactions increase, you get paid more.
Buyers increase, market increases.
So if you want to support this coin it doesn't fall on us to fix those issues, it's a community effort to bring services, to spread the word, to convince people to come on board etc.
We do what we can. But if your idea of mining is immediate profit, then i'd suggest doing what you should be doing already. Using a service which automatically switches your miners to most profitable coins on the fly. They exist by the way, they automatically just get all coins, find most profitable one and switch you automatically!
We'd love if you'd stay, but we understand some people are only concerned with the here and now. We don't have answers for the here and now, we have answers for the future and working as a community to reach those goals.
