Bitcoin Forum
May 18, 2024, 02:25:34 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Profitability recently  (Read 691 times)
darkphantom934 (OP)
Full Member
***
Offline Offline

Activity: 141
Merit: 100


View Profile
April 20, 2014, 12:35:03 AM
 #1

The CoinWarz profitability seems to be going up for both Scrypt-N and Scrypt coins. I would have thought that, because of the scrypt ASIC's, profitability would go down. This doesn't seem to be the case. Any ideas?
stacksmasher
Full Member
***
Offline Offline

Activity: 121
Merit: 100


View Profile
April 20, 2014, 03:07:17 AM
 #2




Bitcoin goes up.... everything goes up.
Equate
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500


View Profile
April 20, 2014, 05:02:35 AM
 #3

most of currencies are paired with Bitcoin , so if its price rises , others rise as well.
fattypig
Full Member
***
Offline Offline

Activity: 224
Merit: 100



View Profile WWW
April 20, 2014, 10:10:13 AM
 #4

The CoinWarz profitability seems to be going up for both Scrypt-N and Scrypt coins. I would have thought that, because of the scrypt ASIC's, profitability would go down. This doesn't seem to be the case. Any ideas?

This is just temporary, scrypt ASIC is about to deliver.

stacksmasher
Full Member
***
Offline Offline

Activity: 121
Merit: 100


View Profile
April 24, 2014, 03:07:02 AM
 #5


Don't be fooled... the diff will go so high most alts will hard fork x11 or Jane...





The CoinWarz profitability seems to be going up for both Scrypt-N and Scrypt coins. I would have thought that, because of the scrypt ASIC's, profitability would go down. This doesn't seem to be the case. Any ideas?

This is just temporary, scrypt ASIC is about to deliver.

Rulishix
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250


View Profile
April 24, 2014, 03:08:38 AM
 #6

Profitability will go up temporarily until the shit hits the fan. The shit being the asixs and the fan being the coins.
Wipeout2097
Sr. Member
****
Offline Offline

Activity: 840
Merit: 255


SportsIcon - Connect With Your Sports Heroes


View Profile
April 24, 2014, 07:26:04 AM
 #7

It's also ciclic in a way

When profitability becomes low, casual miners stop using the videocards for mining, some others power off or even put for sale. The trend is created along some days or weeks, and eventually difficulty adjustment gives you more coins per hash. Profitability increases to where it's becoming worthwhile, then people flock again to mining, etc...

███████████████████████████████████████████████████████████████
██▀       ▀█       ▀████████████        ▀█         █▀       ▀██
██   ▀██▄▄▄█   ██   ████████████   ███   ████   ████   ▀██▄▄▄██
███▄     ▀██       ▄████████████       ▄█████   █████▄     ▀███
██▀▀▀██▄   █   █████████████████   █▄  ▀█████   ████▀▀▀██▄   ██
██▄       ▄█   █████████████████   ██▄  ▀████   ████▄       ▄██
███████████████████████████████████████████████████████████████
██       ██▀      ▀█████████████    ▀██   █████████████████████
████   ███   ▄██▄   ████████████     ▀█   █████████████████████
████   ███   ████████   ████   █   ▄  ▀   █████████████████████
████   ███   ▀██▀   █   ████   █   █▄     █████████████████████
██       ██▄      ▄███        ██   ██▄    █████████████████████
███████████████████████████████████████████████████████████████
██████████████
██
██
██
██
██
██
██
██
██
██
██
██████████████
████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████                                                             ████████████████████████████████████████████████
.
.
.

████████████████████████████████████████████████████████████          ████████████████                                 ██████████████████████████████████████████████████████████████████████████████████████
██████████████
██
██
██
██
██
██
██
██
██
██
██
██████████████
███████
██
██
██
██
██
██
██
██
██
██
██
███████
███████
██
██
██
██
██
██
██
██
██
██
██
███████
►►  Powered by
BOUNTY
DETECTIVE
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!