Post
Topic
Board Altcoin Discussion
Re: Why is litecoin hyped so much when it doesn't add any value over bitcoin?
by
Buffer Overflow
on 25/06/2013, 11:01:36 UTC
do i have to say this in every fucking thread? without litecoin and other altcoins, bitcoin mining would cease to be profitable. alt coins are necessary evils because they spread the hashing power out accross multiple networks, allowing everyone to profit in some way shape or form. without litecoin and altcoins. you could multiply the difficlut by 5 and decrease your profit by 50 percent. those are just guestimates of course.
If you think Bitcoin is just about mining and profit, then afraid you've completely missed the point.