Re: [ANN] Signatum - New Algorithm - Fair Launch - No Premine - Cryptopia
And buying it is better than mining on smaller mining setups.
It's better for hoarding (I bought) but mining is also profitable. I only have 2 cards (I'm a newb latecomer) but with the current price, it's run a few hours and it's already done more that half profit compared to 24h of mining eth (extrapolated in 24h, it's 9E vs 2E). Sure, small amounts but why not.
I have a 4 1050ti rig and it is still 4x more profitable than eth. This is based off the last day where the global hash was peaking over 1k GH and current price 2800 satoshi.
The only major difference is that ETh as a solid team, a solid use case, a solid track record and if the price goes down now you know you have better chances of going back up if it ticks thoses boxes... Im not saying Sig doesnt have potencial but whatever goes up so quick must also come down the same way ( and you saw this happen with ETH and other major crypto ) its a gamble at the moment to mine Sig
If you make 4x compared to eth, you can use that 1x to buy the eth you'd have mined -> 0 risk
