Re: [ANN][LINX] Linx | POW(Scrypt) | Currency for the Electronic Music Scene
Doesn't matter much difficulty dropped a bit. I switched from multi coin mining with 9 L3+ to mine Linx because of the fact I can net $180 a day easily and with dropping difficulty it has been going higher. If the price bumps back up I call it a hell of a winner if not the profit is still $50 more than litecoin.
What are you mining with, that gets you 180 bucks a day? 1260 bucks a week. That's around 60K/yr.
That's borderline gibberish to me. I understand mining...barely. I'm specifically a FT trader. Who's been doing this FT since Dec.
The reason I ask is because, idk if it'll make my life easier if i get involved in mining and master nodes.
Maybe it's because I'm a terrible trader but I've found masternodes as an easy thing to set it and forget it. Let me come back in a few months and see how I'm doing. I'm also no miner, though it is something I'd like to get in to.
Antminer L3+ is a well used Scrypt based ASIC miner, roughly around 1700 USD. You need to be technical enough to troubleshoot if issues pop up. Your profit depends on the block reward of what you're mining, the network hashrate vs your hashrate (basically, mining power) and the network difficulty (how fast or slow a block can be mined) minus electricity. The hashrate for Litecoin is like 250x bigger than Linx so you'd get a bigger piece of the pie (in regards to hash) with Linx than with Litecoin. Super basic knowledge of mining though.