Vann
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April 01, 2014, 03:16:51 PM |
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Does anyone know how to calculate the profitablity for the X11 algorithm coins?
I think you could say X11 is about 2.8 times faster than scrypt. So if we could work out the $/MHs/day at current prices for X11 and times it by 0.357 this should be equivalent to compare with scrypt coins.
Algo doesn't matter when calculating profitability. All that matters is HashRate, Block Reward, Diff and costs: http://www.holynerdvana.com/2014/02/how-to-calculate-coins-per-day-for-any.html
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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chesthing
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Activity: 1414
Merit: 1000
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April 01, 2014, 03:41:09 PM |
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Possible pump today? already at 2450 on mint. I feel sorry for those poor souls who gave away their coins, the price actually fell to 1000 yesterday on Mint. I've learned the hard way, when you are feeling PANIC your coins will go to zero, this is the time to buy not sell.
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dboylc
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mine for future~
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April 01, 2014, 03:43:10 PM |
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Just Hold my DOGE like a BOSS!!!
O sorry,
Just Hold my HIRO like a BOSS!!!
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chesthing
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April 01, 2014, 03:44:59 PM |
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Fuckin' A, I have some sells set at 4999, but I'm holding the rest and mining.
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dboylc
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mine for future~
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April 01, 2014, 03:51:59 PM |
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Fuckin' A, I have some sells set at 4999, but I'm holding the rest and mining.
Find It's very hard to repick large amount HIRO from buy list. HIRO MINERS have Faith.just mine and hold. A Coin's parameters reflect the Creater and the followers' character. No scam,no trick, unlike HVC, They release a new cgminer day by days.Who knows they may mine it at a such high speed (R290 100Mhs?)
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chesthing
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April 01, 2014, 04:00:19 PM |
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All I know is this coin is surrounded by shitcoins on Crypto-Caps. Which of these things is not like the others?
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124C41
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EVERYTHING YOU CAN IMAGINE IS REAL
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April 01, 2014, 04:03:58 PM |
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Thanks for the explanation HiroS There still seems to be some confusion over the large miner over at ForkPool. That large miner that people thought was botnet is actually a small miner generating a large number of fake hashes. Misinformation spreads quick in crypto. There is a known flaw in stratum that allows you to submit many more shares than you actually could mine. So you can mine with let's say 100KH but make it appear that you are mining with 10,000KH. They are not actually providing that amount of work and coins are not being mined faster. What happens is that since the pool thinks that they are mining the lion's share that they deserve the majority of the coins that are actually mined. So you fake 95% of the pools hash power and get 95% of the coins mined when they were only putting in a very small share. This is an old issue that has come back to life with pool operators using unpatched pool software. The issue has been raised in on GitHub and a an example of how to recreate the problem using a mining stratum proxy is in the link below. https://github.com/Crypto-Expert/stratum-mining/issues/313
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Whether you think you can, or you think you can't - you're right. BTC: 1Ex3zmaHoqbMBUWQVcG7kdTCktyng7Ld9M LTC: Lhrp8G9EjoyKCqKAmtuprUcV9KvqZQKAfk
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roslinpl
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April 01, 2014, 04:08:14 PM |
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Hello,,
hehe...
it's there any hope HIC rate increased?
xoxo
here is huge chance and big hope HiroCoin is just like a brand new coin! it need some time to rise!
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dboylc
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mine for future~
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April 01, 2014, 04:17:35 PM |
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Hello,,
hehe...
it's there any hope HIC rate increased?
xoxo
here is huge chance and big hope HiroCoin is just like a brand new coin! it need some time to rise! HIRO is a clean coin, shining coin with author's effort, unlike nowdays, so many shitcoins,scam IPO coins, 50% premine coins,internal mining coins(HVC),vampire coins(BC). I believe it will be the next LTC.
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chesthing
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April 01, 2014, 04:27:45 PM |
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All it needs to do is be half the coin Drk currently is and we are talking 10x current value. 2600 on Mint, very possible pump today.
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Vann
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April 01, 2014, 04:37:19 PM |
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Hiro is already valued 10x more than what it should. There is a reason for DarkCoin's current valuation, namely innovation and scarcity. Hiro offers neither of those, compared to say EMC2 which is valued at 300 sat despite being scarcer (300M) and will soon switch to x11 as well.
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precrime3
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PM for journalist,typing,and data entry services.
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April 01, 2014, 04:39:15 PM |
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Hiro is already valued 10x more than what it should. There is a reason for DarkCoin's current valuation, namely innovation and scarcity. Hiro offers neither of those, compared to say EMC2 which is valued at 300 sat despite being scarcer and will soon switch to x11 as well.
I personally think HIRO can still go up in price, as I believe that this will be the coin that GPUminers will be mining IMO. That or vert.
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matauc12
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April 01, 2014, 04:43:14 PM |
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Hiro is already valued 10x more than what it should. There is a reason for DarkCoin's current valuation, namely innovation and scarcity. Hiro offers neither of those, compared to say EMC2 which is valued at 300 sat despite being scarcer (300M) and will soon switch to x11 as well.
so you think hiro is worth 30k market cap? Lol good trolling there.
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chesthing
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April 01, 2014, 04:43:23 PM |
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Hiro is already valued 10x more than what it should. There is a reason for DarkCoin's current valuation, namely innovation and scarcity. Hiro offers neither of those, compared to say EMC2 which is valued at 300 sat despite being scarcer (300M) and will soon switch to x11 as well.
Dark is pointless to mine, I got like 8 coins/day with 4 280x cards. If you are an early adopter good for you, but it's totally unattractive to me to buy or mine right now - It's reached it's top. Hiro on the other hand,
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chesthing
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April 01, 2014, 04:56:05 PM |
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Hiro is already valued 10x more than what it should. There is a reason for DarkCoin's current valuation, namely innovation and scarcity. Hiro offers neither of those, compared to say EMC2 which is valued at 300 sat despite being scarcer (300M) and will soon switch to x11 as well.
so you think hiro is worth 30k market cap? Lol good trolling there. I don't think he understands how to value a coin. He's talking about sat price instead of market cap, he seems rather clueless.
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Vann
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April 01, 2014, 05:09:33 PM |
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Hiro is already valued 10x more than what it should. There is a reason for DarkCoin's current valuation, namely innovation and scarcity. Hiro offers neither of those, compared to say EMC2 which is valued at 300 sat despite being scarcer (300M) and will soon switch to x11 as well.
so you think hiro is worth 30k market cap? Lol good trolling there. I don't think he understands how to value a coin. He's talking about sat price instead of market cap, he seems rather clueless. Just following in your steps, I did have enough of a clue to know to dump Hiro at 4000, which was the correct call. However you seem to think the value depends on the number of coins you you can get mining. I hear you get a lot of coins mining Doge, maybe you should try that.
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MaGNeT
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Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
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April 01, 2014, 05:15:17 PM |
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Same thing that happened to Litecoin (scrypt) 12 months ago, when ASICs started taking over the Bitcoin network is now happening to Hirocoin (X11). And we all know what happened to the value of LTC when more people pointed their GPU's at it, securing the blockchain with a still growing hashrate. I predicted the price rise of LTC 12 months ago: https://bitcointalk.org/index.php?topic=160300.0It's history repeating. Why I predict this for Hirocoin and not for Darkcoin? The name. Darkcoin isn't a coin that will be accepted by many retailers, they don't want to be associated with a "dark and illegal" sounding currency. Darkcoin is the ideal coin to buy illegal stuff, untraceable. Hirocoin will join Bitcoin and Litecoin on the road to main acceptation. And X11 ASICs? They can be created but what factory would take the risk to do so at this moment?
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chesthing
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April 01, 2014, 05:22:55 PM Last edit: April 01, 2014, 05:39:29 PM by chesthing |
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Hiro is already valued 10x more than what it should. There is a reason for DarkCoin's current valuation, namely innovation and scarcity. Hiro offers neither of those, compared to say EMC2 which is valued at 300 sat despite being scarcer (300M) and will soon switch to x11 as well.
so you think hiro is worth 30k market cap? Lol good trolling there. I don't think he understands how to value a coin. He's talking about sat price instead of market cap, he seems rather clueless. Just following in your steps, I did have enough of a clue to know to dump Hiro at 4000, which was the correct call. However you seem to think the value depends on the number of coins you you can get mining. I hear you get a lot of coins mining Doge, maybe you should try that. The number of coins you can mine DOES matter when you think a coin is undervalued when you are mining them. And dumping Hiro at 4k? you fucked up dude, it went to 6k. I think we will see 6k+ in the future - if I'm wrong no big deal, but one thing I'm pretty damn sure of is we won't see 3x current drk coin value anytime soon if ever. A doubling is a stretch. Coins like ltecoin and drkcoin that sit within a narrow range for a very long time are dead to me, no way to make any money on stability. Getting in early is key, otherwise I'm not interested. I do agree about Einstein, I'm buying that too. Quick question for you - I bought 25k hiros in the 1200s yesterday and could double my btc today. When is the last time you could double your btc in 48 hours with dark? never mind, I already know the answer, a pretty fucking long time.
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matauc12
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April 01, 2014, 06:11:52 PM Last edit: April 01, 2014, 06:31:47 PM by matauc12 |
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Hiro is already valued 10x more than what it should. There is a reason for DarkCoin's current valuation, namely innovation and scarcity. Hiro offers neither of those, compared to say EMC2 which is valued at 300 sat despite being scarcer (300M) and will soon switch to x11 as well.
so you think hiro is worth 30k market cap? Lol good trolling there. I don't think he understands how to value a coin. He's talking about sat price instead of market cap, he seems rather clueless. Just following in your steps, I did have enough of a clue to know to dump Hiro at 4000, which was the correct call. However you seem to think the value depends on the number of coins you you can get mining. I hear you get a lot of coins mining Doge, maybe you should try that. I think you have very limited knowledge of markets. You say the price is 10x overvalued. Drop the price by 10x, it brings the market cap to about 30k. You are crazy and stupid if you think the totality of hiro is worth 30k. That's probably even less than what it costs in electricity to have mined the current coins lol Also, you are saying you sold at 4000 sat. Good, so it either means you contradict yourself or are just trying to buy more for cheaper. If you held on till 4000 sat, I wonder where it fits with your mentality that it's worth 250 sat.
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mikk2k2
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April 01, 2014, 07:45:05 PM |
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Hiro is already valued 10x more than what it should. There is a reason for DarkCoin's current valuation, namely innovation and scarcity. Hiro offers neither of those, compared to say EMC2 which is valued at 300 sat despite being scarcer (300M) and will soon switch to x11 as well.
so you think hiro is worth 30k market cap? Lol good trolling there. I can go and buy 125k EMC for less than .5 BTC. Good luck doing the same with Hiro. At time of posting 2.7mill emc for sale on Poloniex and 727k hiros for sale. I have money in both but it would seem there are less Hiro for sale vs EMC2. Obviously your opinion, but all that matters is the opinion of the market.
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