Post
Topic
Board Announcements (Altcoins)
Re: [ANN][VRM] Verium PoWT Reserve | Commodity | scrypt² | CPU mining
by
monsanto
on 22/09/2016, 21:32:15 UTC
Jokes aside really profitable indeed... and useful, especially for the retards that invested in the ICO and paid 6 and 10 VRC a pop when the price was 14k-19k sat per VRC

yessss

hahahahaha

So very rough calculation in usd value: we'd have BTC price around $660 during ico, and I'd say VRC was more in the 9-19k range for people who wanted in on the ico.  On the low end then about $0.06/VRC and high end about $0.125/VRC.  So VRM in the 54k-190k sat range, or ~$0.36-$1.25 for most.  So at a BTC price of 600 that'd currently leave a break even range of about 60-210k sats.