What hardware is behind "HASHLET"?

[blg425]

Right now this is the most profitable for BTC because it mines scrypt, then auto exchanges to BTC.

The question is for how long it will be more profitable. With every Hashlet being added, the Litecoin (and other...) difficulty increases and because of the automatic exchange to BTC, it also creates more and more selling pressure on Litecoin making the price go down.

Hopefully for at least months to come. But with so many scrypt coins still being launched there should always be a profitable one.

[patrike]

The question is for how long it will be more profitable. With every Hashlet being added, the Litecoin (and other...) difficulty increases and because of the automatic exchange to BTC, it also creates more and more selling pressure on Litecoin making the price go down.

Hopefully for at least months to come. But with so many scrypt coins still being launched there should always be a profitable one.

While it's true that there are more Scrypt coins than Litecoin, I would guess that about 80% of the Scrypt hash rate goes to Litecoin. Most new coins have a very low market cap, so there is only a limited amount of hashes that can be spent on them with profit.

[bmoscato]

My issue is that with current price of LTC and converting to BTC, it seems like we paying 1/3 of our profits into fees.  I only have 10 Hashlets and I made $1.31817891 last night after the $.80 in fees; gross was $2.12639971 less $.80822080 fees with BTC at $468.88.

Before LTC crashed, I was earning approximately $5.50 a day on a Black Widow which hashes at approximately 13mh/s; now that machine is at $2.42163888, with a $.98 a day fee which leaves me a
$1.44163888 in profit.

I wonder how long we have as individuals before it doesn't make sense to hash...

[9600]

I wonder how long we have as individuals before it doesn't make sense to hash...

It hasn't made sense to hash SCRYPT for quite some time now...

[Koontas]

I wonder how long we have as individuals before it doesn't make sense to hash...

It hasn't made sense to hash SCRYPT for quite some time now...

Wrong.  Do your research, you're obviously missing launches.

[thiec]

Right now this is the most profitable for BTC because it mines scrypt, then auto exchanges to BTC.

The question is for how long it will be more profitable. With every Hashlet being added, the Litecoin (and other...) difficulty increases and because of the automatic exchange to BTC, it also creates more and more selling pressure on Litecoin making the price go down.

Same case with bitcoin, merchant that except btc also selling btc for fiat.
But for long run, the with increase of coin circulation, the selling pressure will be ease for sure.

My concern is the future of haslet its self. its reliable for long run