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Topic: GPU mining= profitability going down the drain. - page 4. (Read 10301 times)

sr. member
Activity: 420
Merit: 263
let's make a deal.
yep, when the litecoin hashrate and difficulty can be lowered by a fucking dogecoin.  
yes many litecoin miners , started mining doge and then traded it for Litecoin.

thats why now the litecoin difficulty is higher then dog  and still soaring
thats why dogecoin tanked  and is sitting at 0.00087

don't care about dogecoin. We're both illustrating how quickly the hashrate can be drained from litecoin to a memecoin.  litecoin is less secure than you think.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
Is there a Script Jane asic resistant coin profitability chart?

Nope. But it's still easy to calcuate it for your own if you know what your hashrate is and you have an account to a pool. Pools usualy provide you with the necessary stats.
hero member
Activity: 770
Merit: 500
the altcoin game is over , too many crap coins.

Hodl Litecoin and Bitcoin .
lol @ litecoin not being an altcoin

nope , not when the devs contributed to the bitcoin/litecoin protocol . It's no longer a altcoin.
yep, when the litecoin hashrate and difficulty can be lowered by a fucking dogecoin.  

yes many litecoin miners , started mining doge and then traded it for Litecoin.

thats why now the litecoin difficulty is higher then dog  and still soaring
thats why dogecoin tanked  and is sitting at 0.00087

the dogecoin pump and dump is over , only noob bagholders still think dogecoin is the better coin.
full member
Activity: 210
Merit: 100
Is there a Script Jane asic resistant coin profitability chart?
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
http://bitcoinwisdom.com/litecoin/difficulty

Scrypt asics are already out, you can clearly see that the ltc difficulty hasn't risen a bit but there are many coins more profitable than litecoin when it comes to mining now. I personaly have laready switched to scrypt-n mining. Those coins are asic resistant, I think their price will rise in the future.

Maybe that's why multipools are less profitable now. Because they're being flooded with high hashrate asic rigs. Whatever the case is, scrypt mining is nothing like bitcoin mining. I remember year ago I would not mine because my daily earnings were 0.01 BTC and it was something like 2$ back then...This was prety stable until it boomed again with dogecoin. I was getting 0.07 a day and since everyone abandoned litecoin for doge, the next week litecoin had a crazy profitability.

moral of the story: never stop mining.  Grin  Grin
sr. member
Activity: 420
Merit: 263
let's make a deal.
the altcoin game is over , too many crap coins.

Hodl Litecoin and Bitcoin .
lol @ litecoin not being an altcoin

nope , not when the devs contributed to the bitcoin/litecoin protocol . It's no longer a altcoin.
yep, when the litecoin hashrate and difficulty can be lowered by a fucking dogecoin.  
hero member
Activity: 770
Merit: 500
the altcoin game is over , too many crap coins.

Hodl Litecoin and Bitcoin .
lol @ litecoin not being an altcoin

nope , not when the devs contributed to the bitcoin/litecoin protocol . It's no longer a altcoin.
sr. member
Activity: 420
Merit: 263
let's make a deal.
the altcoin game is over , too many crap coins.

Hodl Litecoin and Bitcoin .
lol @ litecoin not being an altcoin
full member
Activity: 210
Merit: 100
Yeh, Im wondering if it's time to switch to an asic resistant coin, are there any profitable asic resistant coins out there, because clearly gridseed are raping the GPU coin market..
hero member
Activity: 770
Merit: 500
the altcoin game is over , too many crap coins.

Hodl Litecoin and Bitcoin .
hero member
Activity: 546
Merit: 500
I've been worried about this lately too. Because now the coinwarz profitabilty for 1000 Khash has dropped to under $4 per day, whereas two months ago it was around $15 per day. Have these prices fluctuated much in the past? I only first started looking at the markets 2 months ago, so I don't know what coinwarz showed in 2013.

Essentially, I'm wondering is now the time to sell all my mining hardware?
full member
Activity: 210
Merit: 100
Where are the profitable Asic resistant coins?  Huh
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