PhenixCoin profitability - estimated 200% - page 2.

MaGNeT

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Quote from: Passion_ltc on May 24, 2013, 02:53:38 PM

It's worth nothing, it's just for playing poker.

The owner has 1 Million coins, if it's worth 2 LTC for 100PHC then he has 20000 LTC worth of PHC. Sounds fishy for me. Wink

The "owner" gives away a lot of coins to attract players.

This coin has real business behind it, compare that to any other Pump&Dump coin...

datguyian

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Quote from: Speratom on May 24, 2013, 02:50:44 PM

OK so as we speak on the 24th of May 2013, how are 100PHC worth in LTC? 2?

According to daytrader's numbers.... does 17/10 = 2? No? ....

I have seen a few trades go at 19LTC/1000PHC, so I guess it's close enough

Passion_ltc

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It's worth nothing, it's just for playing poker.

The owner has 1 Million coins, if it's worth 2 LTC for 100PHC then he has 20000 LTC worth of PHC. Sounds fishy for me. Wink

Speratom

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OK so as we speak on the 24th of May 2013, how are 100PHC worth in LTC? 2?

daytrader420

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I just calculated the math on PhenixCoin (vs ltc) profitability.

It is about (almost) 200%, if you are selling your coins at 17 LTC/1K PXC.

This is really profitable for miners, and buyers are eating it up, because of the coin's potential.

The difficulty is about 4.84

LTC difficulty is 558

558/4.84 = so theoretically you should find 115 PXC blocks at the same rate you'd find 1 LTC block.

115 PXC blocks = 5750 PXC.

5.75 PXC x 17 LTC / 1K PXC = 97 LTC

Once LTC difficulty rises in 12 hours, PXC will gain even more profitability.

This is a great solution for solo miners also, you also remove risk of longer rounds of badluck with a smaller difficulty.

Just some interesting numbers for you guys.

Topic: PhenixCoin profitability - estimated 200% - page 2. (Read 1528 times)