Topic: EarthCoin miners attention: EAC is hard to mine. Don't sell it at cheap price - page 2. (Read 4212 times)
December 22, 2013, 02:39:06 AM
I think now it's 3x and tomorrow 2x, then we're going to 1x
December 22, 2013, 02:36:35 AM
Yep, definitely much harder to mine than Doge. Was faster first day because of 5x payout but now it's pretty low.
December 22, 2013, 02:32:15 AM
Why would you "reserve" a spot for a simple conversation about coin pricing?
to ask for more donations like me
efPzT9tqgjXdLCrYKVfRyVGUouLBw9QZr9 PLZ i love earthcoins ! !
December 22, 2013, 02:29:13 AM
Why would you "reserve" a spot for a simple conversation about coin pricing?
December 22, 2013, 02:12:30 AM
Hi,
I read a lot of threads which many people said they could not mine EAC as many as possibe. People tends to think that EarthCoin is yet another Doge. People can mine 500k - 1 mil EAC in a day. No it is impossible.
E.x:
This guy has a extremely powerful rig: 30 000 KH/s (99% of you guys has a tiny rig compared to his)
Why?
+ Not like Doge but Diamond (DMD), EAC diff adjustment is made every block (simply put: minute). The diff will be very high in a very short of time if network hashrate grows very fast
+ EAC is a trap to multipools. It makes multipools unprofitable
+ EAC is designed in a way so you can not mine as many as possible in a short of time and sell it off. You need to be long term miners
+ Profit calculator (EAC per day) does not work for EAC because diff adjustment is made very fast to adapt network hashrate
So, if you look at the profit calculator, you should expect that you receive much less EAC per day. If you think you can sell EAC for cheap price like with Doge, you are a loser.
If you like my explanation, donate me: eX8dPm2u4KeFH9UXc9rd3CRB2z9KWU6khh
Thanks
PS: I will try to trade 1 EAC for 0.00000561 BTC when it hits an exchange
Updated:
2 days after launch
KH/s EAC/day (estimated, actual earnings can be much less than that)
104438 KH/s 2 733 514 --> 140 cards 7950
8948 234 196 --> 12 cards 7950
That's why EAC is hard to mine
I read a lot of threads which many people said they could not mine EAC as many as possibe. People tends to think that EarthCoin is yet another Doge. People can mine 500k - 1 mil EAC in a day. No it is impossible.
E.x:
Quote
The pool says I'll get 1mil EAC / day, but after 12hours of mining I 've just got ~ 100k EAC
This guy has a extremely powerful rig: 30 000 KH/s (99% of you guys has a tiny rig compared to his)
Why?
+ Not like Doge but Diamond (DMD), EAC diff adjustment is made every block (simply put: minute). The diff will be very high in a very short of time if network hashrate grows very fast
+ EAC is a trap to multipools. It makes multipools unprofitable
+ EAC is designed in a way so you can not mine as many as possible in a short of time and sell it off. You need to be long term miners
+ Profit calculator (EAC per day) does not work for EAC because diff adjustment is made very fast to adapt network hashrate
So, if you look at the profit calculator, you should expect that you receive much less EAC per day. If you think you can sell EAC for cheap price like with Doge, you are a loser.
If you like my explanation, donate me: eX8dPm2u4KeFH9UXc9rd3CRB2z9KWU6khh
Thanks
PS: I will try to trade 1 EAC for 0.00000561 BTC when it hits an exchange
Updated:
2 days after launch
KH/s EAC/day (estimated, actual earnings can be much less than that)
104438 KH/s 2 733 514 --> 140 cards 7950
8948 234 196 --> 12 cards 7950
That's why EAC is hard to mine
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