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Profitability recently
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Topic: Profitability recently (Read 703 times)
darkphantom934
(OP)
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Profitability recently
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
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Re: Profitability recently
April 20, 2014, 03:07:17 AM
#2
Bitcoin goes up.... everything goes up.
Equate
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Re: Profitability recently
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
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Re: Profitability recently
April 20, 2014, 10:10:13 AM
#4
Quote from: darkphantom934 on April 20, 2014, 12:35:03 AM
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.
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stacksmasher
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Re: Profitability recently
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...
Quote from: fattypig on April 20, 2014, 10:10:13 AM
Quote from: darkphantom934 on April 20, 2014, 12:35:03 AM
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
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Re: Profitability recently
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
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Re: Profitability recently
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...
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