Post
Topic
Board Service Announcements (Altcoins)
Re: Scrypt.CC | Scrypt Cloud Mining
by
hroub
on 28/06/2015, 06:26:24 UTC
Actually Fuckhead all it takes to sue someone for slander is saying something that you can't prove.

You's are all relying on hear say and assumptions. Seriously, Fact.


It is proved.

Wrote this some weeks back (old numbers):

Quote
First, we calculate how much money can be generated (max.) per time:

Litecoin
Block reward: 50
Time: 2.5 min
LTC price: 1,3 USD

576 (blocks/day) * 50 (reward/block) = 28800 LTC/day generated
28800 LTC * 1,3 USD = 37440 USD

TL:DR: you can generate max. 37440 USD per day with mining Litecoin

You can add Dogecoin (DOGE), Syscoin (SYS) and Viacoin (VIA) to that amount because they can be merge mined with Litecoin. The same hardware that is hashing LTC can mine this coins at once.
The reward should be ~6-10% (don't care about exact number, not relevant) higher while doing this.

http://www.coinwarz.com/cryptocurrency?sort=hashrate&dir=desc

Now look at the market cap of other coins:
http://coinmarketcap.com/currencies/views/filter-non-mineable/

There is no coin that could produce nearly as much profit as ltc can. Take any coin and calculate the reward/day.
The market cap is a perfect indize to see which coin can generate how much value.

If you add just 13GH to a coin like Worldcoin (WDC), you end up with double difficulty and generate FAR less per GH/s as you would with LTC and you power costs would consume every profit. (you lose money while doing this)
And just for fun the max reward of Worldcoin WDC/day: 95040 (coins/day) * 0.005310USD = 504,66 USD/day

TL:DR: If you have 500GH/s and don*t mine LTC, you end up with nearly nothing (edit:less than nothing, power costs > rewards) . You can't point them to shitcoins for profit.

If you can't follow the logic, to bad for you.

If you follow other scrypt coins, there are often many coins much more profitable than LTC.