Author

Topic: Litecoin Cash LCC Hiving Mining Losses No Profit Ever (Read 48 times)

member
Activity: 1558
Merit: 69
You finally figuring it out.  When no hardware is needed to mine then you are not actually mining.

Hive can call it what they want but it is NOT mining.

 Cheesy wait, i saw this thread and was thinking like you, but HIVE MINE is official feature from LCC and not from third party.
It looks like POW/POS hybrid, so HIVE MINE for LCC is like staking but a little bit different  Cheesy
full member
Activity: 1275
Merit: 141
You finally figuring it out.  When no hardware is needed to mine then you are not actually mining.

Hive can call it what they want but it is NOT mining.
newbie
Activity: 1
Merit: 0
Alright folks,

so I have just started playing around with LCC Hiving mining and have come to a realization that no matter if I release my bees on time or my bees to mature around a very low index, I lose profits all the time, I have consistently lost profit or never make back my Tokens used to create Bees, anyone else experiencing losses.

What is the purpose of giving up coins to "HIVE MINE" when your losing coins doing it? Here is what I have tried and hoping to get others experiences on profits, cause I haven't made jack, im about to abandon the Hive mining and literally stop mining LCC altogether cause the concept sounds neat but the real world seems kinda pointless.


here is what I have tried
releasing bees 90% index
releasing bees 80% index
releasing bees 70% index
releasing bees 60% index
releasing bees 50% index

here is how many bees I have bought testing profit
100 bees
1000 bees
2000 bees
5000 bees
1000 bees
20000 bees
50000 bees
80000 bees

Loss after loss after loss, I think Hive mining is NOT profitable at all no matter how much hive weight you have or how many bees you release. Below is the screenshot from the very last set of Bees I will release because i must have lost around 50,000 LCC tokens attempting to play with the idea of Hive Mining........What the hell is the point of Hiving mining at a loss guys? Below is my last report from today I have less than 1 hour left and about to have roughly a 16,000 LCC loss, im not making this up. How unlucky can a person be Hive Mining, this is NOT at all a profitable idea, who could sustain these losses? Imagine if they were worth $1.00 or more, I mean, I have had it....help, ideas? comments, please share with me your frustration or tips

Screenshot of ONE of the many LOSSES recording during the Hive Mining losing adventure
***just found out I cannot add Photos
**but if i showed you the profit it would say -16999 LCC
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