Mining crypto and securing the network is never a loss, and thats even more true unless you somehow lose the coins you mined.
The only time you "lose" is if you are selling crypto for fiat, in which case you dont belong here and you should be making fiat some other way.
The reason I built sub 200 watt machines are so people never have to worry about how much fiat that are using to run one 24/7, because a cup of coffee a month almost anyone can afford, but the upside to what they are mining in crypto is almost limitless.
The answer I give most people when they bring up "but your mining at a fiat loss so why would you mine at all" is to go back to the beginning and realize why people were mining bitcoin when it was literally "worthless" against fiat.
The only real answer to this question is that right now you can mine the most crypto from any given hardware in recent litecoin history. It is without the doubt the best moment to be mining, and people in a few years would kill to be able to mine .2 litecoin a month, just like people wish they could mine anything close to .2 bitcoin a month today on a small peice of hardware running on your desk
On a different note, where are all the Apollo Full Node holdouts??? Were ~10 nodes away from being the #3 most popular node on the Litecoin network....grab a spare USB drive and fire up those nodes we should be in the hundreds by now!
First thing first: I was a fan - and still am of your hard work and bravery betting your time, energy and resources on LTC! I am sure you could've chosen any other crypto / coin and come up with similar idea / solution and implement it. But, you chose LTC! Why? I still don't know and you don't share what affected your decision.
Not our business ... it's your business!!
But I never said mining is wrong.
Looking at LTC foundation's in/activities which they don't even care to update their main web site with current year (still showing 2019) and their official forums with questions like "How often you visit dating sites" and etc, I say mining or even bothering with LTC is a loss.
What could change my mind with LTC is to hearing news like Atari's choice of LTC (
https://www.theblockcrypto.com/linked/65840/litecoin-and-atari-team-up-in-anticipation-of-the-atari-tokens-launch) helps me not Zzzzzzzzz when someone talks about LTC!!
Yes, certain people at certain point of time do things that absolutely makes no sense to dummies like yours truly .... and years later I still kick myself why I wasted my time working my butt off at some highly paid IT company!!
But yesterday's ideas / solutions and or one of a kind life time opportunities come and go - and only ONCE! It would make feel even more stupid if I try to repeat what people used to do years ago and got huge returns.
I'd rather not waste my time on yesterday's brilliant ideas / dreams which became reality for some people! It's done - gone - deal with it -> I'll try to keep my eyes open for the next unknown stupid idea similar to mining or buying bitcoin years ago!
Mining LTC though is not one of them ... their golden days are long gone.
As for mining and wasting electricity, YES, it is indeed waste of energy which can be used for a lot more critical things in the world ... like helping certain part of our world without power or super expensive!
But, I still do it! I mine ETH or ETC with only 1 RX 580 GPU 24x7 and pays for itself a lot quicker than mining LTC. More critical is the fact that ETH boys and girls are full of positive ideas / activities / updates etc which keep me sit straight, pay attention and take notes.
What I do appreciate your company is the fact that I purchased both your products (Apollo and Moonlander 2) NOT as money making machine but strictly for education and I learned a lot and helped me to open my eyes to this wonderful world of future.
One of the highlights of my short journey with Futurbit is that ASIC mining is even more wrong and it's interesting how many popular cryptos change / upgrade their networks / protocols to keep ASIC miners far away.
LTC is in hands of a few hundred major miners worldwide with thousands of devices in their farms so in fact LTC's future is in their hands! Why would I care to keep LTC network secure by running a node so they can benefit from increased security of LTC network which obviously would raise the LTC price and make even more cash for their LTC??
Your company didn't work so hard for over a year to just enable Apollo to work as a node and become #3 or #1 popular node out there.
I know why you did it but you should've thrown a bigger bone for little guys like me to get our attention to care.
