that's a great analysis.... thank you
The trick is to pick new coins with low difficulty that are under the radar once it becomes news it's to late.
agreed 100%
Topic: why n scrypt coins are in the tank and will remain there... (Read 1253 times)
that's a great analysis.... thank you
The trick is to pick new coins with low difficulty that are under the radar once it becomes news it's to late.
agreed 100%
if you take a look at what is profitable to mine all n-scrypt coins are in the tank.
what the people who come up with these coins forget is one thing - mining equipment is not free.
the vast majority of people mining mine for the technical challenge to keep their hands in computers because their IT Professional like myself and they like extra income that mining affords them.
I read with humor the altruistic posts by people who want to guard their coins from high speed mining by asic chips.
It's like telling people you've found a precious metal and only people with pick axes can mine it - guess what? they're going to ignore you and mine what's easiest to mine.
The perfect analogy is the resistance to the industrial age.
If your coin has merit and value then let it stand on it own two feet, don't put crutches under it and then try to stand as tall as the other coins around you.
The n scrypt coins are being deserted faster than a desert island with no water and plenty of boats. Their pathetic values are evidence to this fact. Not a single one has any growth or any value.
There will always be coins created by people who welcome mining and don't put up road blocks to seeing them mined, while your coins languish in obscurity.
I hope you enjoy the silence.
that's my humble .02 scrypt cents
mark my words....
what the people who come up with these coins forget is one thing - mining equipment is not free.
the vast majority of people mining mine for the technical challenge to keep their hands in computers because their IT Professional like myself and they like extra income that mining affords them.
I read with humor the altruistic posts by people who want to guard their coins from high speed mining by asic chips.
It's like telling people you've found a precious metal and only people with pick axes can mine it - guess what? they're going to ignore you and mine what's easiest to mine.
The perfect analogy is the resistance to the industrial age.
If your coin has merit and value then let it stand on it own two feet, don't put crutches under it and then try to stand as tall as the other coins around you.
The n scrypt coins are being deserted faster than a desert island with no water and plenty of boats. Their pathetic values are evidence to this fact. Not a single one has any growth or any value.
There will always be coins created by people who welcome mining and don't put up road blocks to seeing them mined, while your coins languish in obscurity.
I hope you enjoy the silence.
that's my humble .02 scrypt cents
mark my words....
yoru full of shit period.
2 days ago i tested and found VTC to be 3x more profitable to mine then Darkcoin.
what the fuck does that tell you ?
the numbers don't lie i can back it up in a heart beat.. your full of shit and don't have a clue what your taking about.
that's a great analysis.... thank you
The trick is to pick new coins with low difficulty that are under the radar once it becomes news it's to late.
N-scrypt : Or how to make you $5,000 rig return about 1 dollar a day in mining revenue!!!
n-scrypt - what a joke.
n-scrypt - what a joke.
My rig cost me ~ 15K and I can get 35 dollars or so per day mining EXE, if I wanted to....
I've got $8k in gear that generates $40/day.
all I can say if that I see people in pools with 40 MH/s slaving away on coins that return them $15/day and I just laugh.
I saw this in the darkcoin pool:
1 username 99,769 khs 63.557 drk/day
so - take this guy - put him/her in a regular scrypt coin and reduce the kh/s by 2/3 and they'd wind up with about 33 Kh/s and they'd net $80/day
in the dark coin forum this guy is getting $43/day
god do I ever love him!
i hear what you're saying however Darkcoin is one of the very few altcoins, that in my opinion, have a potentially solid future. this guy mining 63 DRK per day will be laughing all the way to the bank when the new big silk roads comes up and everyone wants to remain as anonymous as possible!
I mine DRK for that reason and the fact my mining rig uses half the amount of electricity...and electricity in Australia is a rip off.
Execoin has been showing a steady rise for a while now.
Yeah! Look at the Poloniex chart!!!
N-scrypt : Or how to make you $5,000 rig return about 1 dollar a day in mining revenue!!!
n-scrypt - what a joke.
n-scrypt - what a joke.
My rig cost me ~ 15K and I can get 35 dollars or so per day mining EXE, if I wanted to....
I've got $8k in gear that generates $40/day.
all I can say if that I see people in pools with 40 MH/s slaving away on coins that return them $15/day and I just laugh.
I saw this in the darkcoin pool:
1 username 99,769 khs 63.557 drk/day
so - take this guy - put him/her in a regular scrypt coin and reduce the kh/s by 2/3 and they'd wind up with about 33 Kh/s and they'd net $80/day
in the dark coin forum this guy is getting $43/day
god do I ever love him!
Time will tell. Free market will adjust. Those who count will survive.
wittle wabbit can't figure out how to configure his cards for anything but scrypt.....
or
shilling for asics
or (hopefully)
April Fools!!!
guess what? they're going to ignore you
OP, as they say where I'm from, gotta show me. Where are the numbers to back up your claim?
Execoin has been showing a steady rise for a while now.
Yeah! Look at the Poloniex chart!!!
N-scrypt : Or how to make you $5,000 rig return about 1 dollar a day in mining revenue!!!
n-scrypt - what a joke.
n-scrypt - what a joke.
My rig cost me ~ 15K and I can get 35 dollars or so per day mining EXE, if I wanted to....
Execoin has been showing a steady rise for a while now.
Launch or lunch? What did you have, the meat or the fish? 
N-scrypt : Or how to make you $5,000 rig return about 1 dollar a day in mining revenue!!!
n-scrypt - what a joke.
n-scrypt - what a joke.
My opinion on having a N-scrypt coin :
Okay, i have more points but i am tired typing about this. Look at all the N-scrypt trading volumes. especially the ones that are older. crushing.
Everyone of them tries to push the N-scrypt is Asic resistant, But no one mention that N-scrypt are GPU worthless. The ultimate instamine. Mine it hard and fast with gpus then after a few halving and it becomes worthless to mine with gpu switch to cpu and mine the small rewards blocks with it. Therefore from insta mine to cpu bots. Nothanksjeff.jpeg
Additional note: i sold my 50 verticoins for 0.8btcs at one of the hype-pumps ...........lol
- It kills the reward of the early adaptive mining at lunch - Since early lunch blocks are the ultimate time to mine , upon lunch , all the coins usually get a lot of hashpower toward them. Where does this back fires? well you will have half the hashpower from your card as you will usually have. the market is down and therefore the coin will not have a strong buy/sell. the coin will most likely sell at bottom numbers. This will make this coin non-profitable to mine.
- The low reward feeling- Why high reward coins come out stronger is because there are huge block rewards and it gives them a feeling of millionaires. Where does this back fires? With n-scrypt you will always have half the rewards and most likely your coin will be a very low reward structure. people start to get discouraged to mine once the difficulty goes above 1 and the rewards per day are very low.
- Danger of network security-- The main topic no one wants to discuss. What will happen when the N-value starts to progress and your gpu cards mines less and less. This , together with previous points most likely will cause a lot of people to stop mining. Where does this backfire? a coin to be successful needs a lot of hard work to be adapted in markets. more then a year before you can actually buy any thing with it. Think of doge coins. it is so popular yet it is still no way near adapting to trading good market. it probably needs 6 more months. or more. By that time a N-scrypt coin will have changed different N-values. This coin will be very hard or pointless to mine with a gpu. With out USD market to this coin, it probably would have a low BTC trade volume. A lot of early adapter would have it abandoned and the network hashpower would be low. Risking the whole network security.
Okay, i have more points but i am tired typing about this. Look at all the N-scrypt trading volumes. especially the ones that are older. crushing.
Everyone of them tries to push the N-scrypt is Asic resistant, But no one mention that N-scrypt are GPU worthless. The ultimate instamine. Mine it hard and fast with gpus then after a few halving and it becomes worthless to mine with gpu switch to cpu and mine the small rewards blocks with it. Therefore from insta mine to cpu bots. Nothanksjeff.jpeg
Additional note: i sold my 50 verticoins for 0.8btcs at one of the hype-pumps ...........lol
Thank you for you opinion, but our schedule time doesn't change every 6 months.
do you agree though that most of the early adapters have 20k or more coins?
I cannot agree with you because I do not know. The reason I don't know because I don't have GPU and I don't mine with it, so I cannot tell you exactly whether true or false. But one thing I'm sure is, I have made the coin as fair as possible, as I can do. If you do not agree with, that's fine.
I have the experienced from Litecoin and Yacoin, and I have taken ASICs and Botnets into account. So the scheduled time that I came up with, it is schedule that fit GPU technology.
My opinion on having a N-scrypt coin :
Okay, i have more points but i am tired typing about this. Look at all the N-scrypt trading volumes. especially the ones that are older. crushing.
Everyone of them tries to push the N-scrypt is Asic resistant, But no one mention that N-scrypt are GPU worthless. The ultimate instamine. Mine it hard and fast with gpus then after a few halving and it becomes worthless to mine with gpu switch to cpu and mine the small rewards blocks with it. Therefore from insta mine to cpu bots. Nothanksjeff.jpeg
Additional note: i sold my 50 verticoins for 0.8btcs at one of the hype-pumps ...........lol
- It kills the reward of the early adaptive mining at lunch - Since early lunch blocks are the ultimate time to mine , upon lunch , all the coins usually get a lot of hashpower toward them. Where does this back fires? well you will have half the hashpower from your card as you will usually have. the market is down and therefore the coin will not have a strong buy/sell. the coin will most likely sell at bottom numbers. This will make this coin non-profitable to mine.
- The low reward feeling- Why high reward coins come out stronger is because there are huge block rewards and it gives them a feeling of millionaires. Where does this back fires? With n-scrypt you will always have half the rewards and most likely your coin will be a very low reward structure. people start to get discouraged to mine once the difficulty goes above 1 and the rewards per day are very low.
- Danger of network security-- The main topic no one wants to discuss. What will happen when the N-value starts to progress and your gpu cards mines less and less. This , together with previous points most likely will cause a lot of people to stop mining. Where does this backfire? a coin to be successful needs a lot of hard work to be adapted in markets. more then a year before you can actually buy any thing with it. Think of doge coins. it is so popular yet it is still no way near adapting to trading good market. it probably needs 6 more months. or more. By that time a N-scrypt coin will have changed different N-values. This coin will be very hard or pointless to mine with a gpu. With out USD market to this coin, it probably would have a low BTC trade volume. A lot of early adapter would have it abandoned and the network hashpower would be low. Risking the whole network security.
Okay, i have more points but i am tired typing about this. Look at all the N-scrypt trading volumes. especially the ones that are older. crushing.
Everyone of them tries to push the N-scrypt is Asic resistant, But no one mention that N-scrypt are GPU worthless. The ultimate instamine. Mine it hard and fast with gpus then after a few halving and it becomes worthless to mine with gpu switch to cpu and mine the small rewards blocks with it. Therefore from insta mine to cpu bots. Nothanksjeff.jpeg
Additional note: i sold my 50 verticoins for 0.8btcs at one of the hype-pumps ...........lol
Thank you for you opinion, but our schedule time doesn't change every 6 months.
do you agree though that most of the early adapters have 20k or more coins?
do you have a problem with capitalism?
well - do ya punk?
My opinion on having a N-scrypt coin :
Okay, i have more points but i am tired typing about this. Look at all the N-scrypt trading volumes. especially the ones that are older. crushing.
Everyone of them tries to push the N-scrypt is Asic resistant, But no one mention that N-scrypt are GPU worthless. The ultimate instamine. Mine it hard and fast with gpus then after a few halving and it becomes worthless to mine with gpu switch to cpu and mine the small rewards blocks with it. Therefore from insta mine to cpu bots. Nothanksjeff.jpeg
Additional note: i sold my 50 verticoins for 0.8btcs at one of the hype-pumps ...........lol
- It kills the reward of the early adaptive mining at lunch - Since early lunch blocks are the ultimate time to mine , upon lunch , all the coins usually get a lot of hashpower toward them. Where does this back fires? well you will have half the hashpower from your card as you will usually have. the market is down and therefore the coin will not have a strong buy/sell. the coin will most likely sell at bottom numbers. This will make this coin non-profitable to mine.
- The low reward feeling- Why high reward coins come out stronger is because there are huge block rewards and it gives them a feeling of millionaires. Where does this back fires? With n-scrypt you will always have half the rewards and most likely your coin will be a very low reward structure. people start to get discouraged to mine once the difficulty goes above 1 and the rewards per day are very low.
- Danger of network security-- The main topic no one wants to discuss. What will happen when the N-value starts to progress and your gpu cards mines less and less. This , together with previous points most likely will cause a lot of people to stop mining. Where does this backfire? a coin to be successful needs a lot of hard work to be adapted in markets. more then a year before you can actually buy any thing with it. Think of doge coins. it is so popular yet it is still no way near adapting to trading good market. it probably needs 6 more months. or more. By that time a N-scrypt coin will have changed different N-values. This coin will be very hard or pointless to mine with a gpu. With out USD market to this coin, it probably would have a low BTC trade volume. A lot of early adapter would have it abandoned and the network hashpower would be low. Risking the whole network security.
Okay, i have more points but i am tired typing about this. Look at all the N-scrypt trading volumes. especially the ones that are older. crushing.
Everyone of them tries to push the N-scrypt is Asic resistant, But no one mention that N-scrypt are GPU worthless. The ultimate instamine. Mine it hard and fast with gpus then after a few halving and it becomes worthless to mine with gpu switch to cpu and mine the small rewards blocks with it. Therefore from insta mine to cpu bots. Nothanksjeff.jpeg
Additional note: i sold my 50 verticoins for 0.8btcs at one of the hype-pumps ...........lol
Thank you for you opinion, but our schedule time doesn't change every 6 months.
do you agree though that most of the early adapters have 20k or more coins?
My opinion on having a N-scrypt coin :
Okay, i have more points but i am tired typing about this. Look at all the N-scrypt trading volumes. especially the ones that are older. crushing.
Everyone of them tries to push the N-scrypt is Asic resistant, But no one mention that N-scrypt are GPU worthless. The ultimate instamine. Mine it hard and fast with gpus then after a few halving and it becomes worthless to mine with gpu switch to cpu and mine the small rewards blocks with it. Therefore from insta mine to cpu bots. Nothanksjeff.jpeg
Additional note: i sold my 50 verticoins for 0.8btcs at one of the hype-pumps ...........lol
- It kills the reward of the early adaptive mining at lunch - Since early lunch blocks are the ultimate time to mine , upon lunch , all the coins usually get a lot of hashpower toward them. Where does this back fires? well you will have half the hashpower from your card as you will usually have. the market is down and therefore the coin will not have a strong buy/sell. the coin will most likely sell at bottom numbers. This will make this coin non-profitable to mine.
- The low reward feeling- Why high reward coins come out stronger is because there are huge block rewards and it gives them a feeling of millionaires. Where does this back fires? With n-scrypt you will always have half the rewards and most likely your coin will be a very low reward structure. people start to get discouraged to mine once the difficulty goes above 1 and the rewards per day are very low.
- Danger of network security-- The main topic no one wants to discuss. What will happen when the N-value starts to progress and your gpu cards mines less and less. This , together with previous points most likely will cause a lot of people to stop mining. Where does this backfire? a coin to be successful needs a lot of hard work to be adapted in markets. more then a year before you can actually buy any thing with it. Think of doge coins. it is so popular yet it is still no way near adapting to trading good market. it probably needs 6 more months. or more. By that time a N-scrypt coin will have changed different N-values. This coin will be very hard or pointless to mine with a gpu. With out USD market to this coin, it probably would have a low BTC trade volume. A lot of early adapter would have it abandoned and the network hashpower would be low. Risking the whole network security.
Okay, i have more points but i am tired typing about this. Look at all the N-scrypt trading volumes. especially the ones that are older. crushing.
Everyone of them tries to push the N-scrypt is Asic resistant, But no one mention that N-scrypt are GPU worthless. The ultimate instamine. Mine it hard and fast with gpus then after a few halving and it becomes worthless to mine with gpu switch to cpu and mine the small rewards blocks with it. Therefore from insta mine to cpu bots. Nothanksjeff.jpeg
Additional note: i sold my 50 verticoins for 0.8btcs at one of the hype-pumps ...........lol
Thank you for you opinion, but our schedule time doesn't change every 6 months.
My opinion on having a N-scrypt coin :
Okay, i have more points but i am tired typing about this. Look at all the N-scrypt trading volumes. especially the ones that are older. crushing.
Everyone of them tries to push the N-scrypt is Asic resistant, But no one mention that N-scrypt are GPU worthless. The ultimate instamine. Mine it hard and fast with gpus then after a few halving and it becomes worthless to mine with gpu switch to cpu and mine the small rewards blocks with it. Therefore from insta mine to cpu bots. Nothanksjeff.jpeg
Additional note: i sold my 50 verticoins for 0.8btcs at one of the hype-pumps ...........lol
- It kills the reward of the early adaptive mining at lunch - Since early lunch blocks are the ultimate time to mine , upon lunch , all the coins usually get a lot of hashpower toward them. Where does this back fires? well you will have half the hashpower from your card as you will usually have. the market is down and therefore the coin will not have a strong buy/sell. the coin will most likely sell at bottom numbers. This will make this coin non-profitable to mine.
- The low reward feeling- Why high reward coins come out stronger is because there are huge block rewards and it gives them a feeling of millionaires. Where does this back fires? With n-scrypt you will always have half the rewards and most likely your coin will be a very low reward structure. people start to get discouraged to mine once the difficulty goes above 1 and the rewards per day are very low.
- Danger of network security-- The main topic no one wants to discuss. What will happen when the N-value starts to progress and your gpu cards mines less and less. This , together with previous points most likely will cause a lot of people to stop mining. Where does this backfire? a coin to be successful needs a lot of hard work to be adapted in markets. more then a year before you can actually buy any thing with it. Think of doge coins. it is so popular yet it is still no way near adapting to trading good market. it probably needs 6 more months. or more. By that time a N-scrypt coin will have changed different N-values. This coin will be very hard or pointless to mine with a gpu. With out USD market to this coin, it probably would have a low BTC trade volume. A lot of early adapter would have it abandoned and the network hashpower would be low. Risking the whole network security.
Okay, i have more points but i am tired typing about this. Look at all the N-scrypt trading volumes. especially the ones that are older. crushing.
Everyone of them tries to push the N-scrypt is Asic resistant, But no one mention that N-scrypt are GPU worthless. The ultimate instamine. Mine it hard and fast with gpus then after a few halving and it becomes worthless to mine with gpu switch to cpu and mine the small rewards blocks with it. Therefore from insta mine to cpu bots. Nothanksjeff.jpeg
Additional note: i sold my 50 verticoins for 0.8btcs at one of the hype-pumps ...........lol
interesting read ...
Jump to: