altcoin mining drought is here!

[kalus]

bitcoin sneezes and shitcoins are catching the flu.



http://poolpicker.eu/text.php
http://poolpicker.eu/

profitability is down on most coins, and the same equipment is making less money they were a couple of weeks ago.  maybe computing resources are spread too thin between shitcoins, or maybe people are pulling out of shitcoins and buying up the cheap bitcoins.  whatever the reason, overpriced video cards and prospective miners looking at 200+ days to break-even are the threads i've been reading this week.  I'm figuring this is a good time to discuss the drought in mining, how long you think it will last, and what the fuck miners are planning to do.  

[cryptohunter]

bitcoin sneezes and shitcoins are catching the flu.

http://poolpicker.eu/text.php
http://poolpicker.eu/

profitability is down on most coins, and the same equipment is making less money they were a couple of weeks ago.  maybe computing resources are spread too thin between shitcoins, or maybe people are pulling out of shitcoins and buying up the cheap bitcoins.  whatever the reason, overpriced video cards and prospective miners looking at 200+ days to break-even are the threads i've been reading this week.  I'm figuring this is a good time to discuss the drought in mining, how long you think it will last, and what the fuck miners are planning to do. 

sell the rigs use the money to start day trading on the exchanges, way better returns if you get it right.

[alani123]

I thaught it was because of the scrypt asics.

I've been mininf scrypt-n the last few days, it's a bit more profitable.
Also check out http://trademybit.com/ they have a scrypt-n multiporn.

[Fraxinus]

bitcoin sneezes and shitcoins are catching the flu.

http://poolpicker.eu/text.php
http://poolpicker.eu/

profitability is down on most coins, and the same equipment is making less money they were a couple of weeks ago.  maybe computing resources are spread too thin between shitcoins, or maybe people are pulling out of shitcoins and buying up the cheap bitcoins.  whatever the reason, overpriced video cards and prospective miners looking at 200+ days to break-even are the threads i've been reading this week.  I'm figuring this is a good time to discuss the drought in mining, how long you think it will last, and what the fuck miners are planning to do. 

200 days to break even..? If you join a multipool maybe.

[kalus]

200 days to break even..? If you join a multipool maybe.

you're right.  Feathercoin went up by 0.08% today.  moon here we come!

oh wait, it's going down again. 

[username here]

I wouldn't say there is a drought at all, in fact, the massive hash thrown at every shitcoin is mindblogging.

[kalus]

the massive hash thrown at every shitcoin is mindblogging.

there's not enough hashing power to secure their blockchains.  the Auroracoin gravity well thread illustrates this problem clearly. 

[mazuma]

wanna hold my hand during the drought?