I feel that people who mining .... or steal electricity or steal coins
Who sells at this price
I like VTC, it's saved my GPU's from becoming paperweights.
That said, I don't "hold" VTC, as im still trying to eek-out my ROI for my rigs.
Thus, I mine and then I sell at market.
Not trying to be mean, once I reach ROI I would probably hold the coin, but for now I need to pay back my account to keep my wife happy.
She's expecting regular payments comming back in from the equipment.
but ... ... wait... you mean you have free electricity or THAT cheap? Since I see no other reason how you could get roi with this price against electricity mining cost...
So if you doing this way you are lucky man living in place where you afraid not of electricity costs....
for me its like 0.23$ per kwh + I pay monthly costs of landing room + lpg in around 400 usd .... :/ So honestly if I would cash out from every coin I mined since a longer while till now then it would be like losing loads of usd daily because of mining... in this way if I had choice mine and sell vs turn off rigs ... yes the second choice would have more sense :/
So shit... I put all under vert... we will see if will be screwed by luck or will somehow get soon or later costs
Anyway sad... very sad looking how so many ... many ... last days just selling "loads" of verts
pretty honestly could say "loaaads" of them
Dont know if this is kind of losing trust... or just eager to cash out while btc has little bigger value... or maybe really temprary out to invest in other coin...
Generally I know one thing... Until more then 1 bigger investor... more like at least few will get into vert... we wont see rising price... And if we see ONLY losing the price then even those who not much care of price will simply stop believing... thats how the world work... and even if we wish other way we wont change it
I as myself currently lost ideas how to do anything good to make all better here... its not dependant on me as I noticed last days ... whenever I asked something important (I believe was) I was crushed...
Anyway... I am sure all of you know well - if price fall hard... even more will dump bigger amounts... ANY ideas from anyone to at least stop the trend? Or we all just deciding to watch this movie ?
My electric is $0.091/KWh.
I only earn about 1-2 VTC per day, so im not dumping some huge quantity.
Im pretty close to ROI anyhow, maybe another month.
I started in Jan and told my wife I would have ROI in 100 days. Well, I blew that date, but closing in on it now.
I don't think she tracks the electric that close anyhow, mainly just wants me to put back into the account what I took out to buy the rigs.
On a side note, ive never been able to get decent hashrates from my GPUs. Ive tried tuning them, but not much luck. My R8-280x cards generate about 215KHs, is that pretty normal?
Almost forgot to add, but Kill-o-Watt shows that Scrypt-N uses a lot less power than Scrypt, so that's a plus also.
