Quote from: bensam1231 on February 08, 2018, 06:10:15 AM

Quote from: antonio8 on February 07, 2018, 02:45:22 AM

Quote from: pallas on February 06, 2018, 09:38:45 PM

Quote from: mycoin2018 on February 06, 2018, 08:18:23 PM

Quote from: rednoW on February 06, 2018, 07:59:04 PM

Quote from: pallas on February 06, 2018, 06:32:16 PM

I'm at 20$ per card with opensource miner.

xcn? )))
In fact argo (skein) was making good profit as it was pumped

Argo was good if you got in the first few days probably was 20$ then.

None of those. Sorry guys I can't tell you. The purpose of my post was both to show that even in bad times you can make good profit, and that you shouldn't listen to anyone but everyone. Especially don't listen to bensam and sp_. :-)

Well if it's not on Whattomine some people are lost and it's not possible, because if it's true then Whattomine will tell you.

I don't think some of you understand how mining works. Mining is a pie, rewards are distributed among all participants. That means the more miners hope on a coin, the less you earn. When people start earning less then lets say about average earnings they switch coins. When they switch coins, they, of course hope on other coins. This means when you're talking about mainstream coins they're a order of magnitude larger then small coins.

Lets talk context here. Zcash, just Zcash, none of the other large and mainstream cryptos has 400Mh on it. At 460s per 1070 that's 869,565 1070s. Lets assume on average each user has 3 GPU rigs, that's 18 cards, that's ~48,000 miners. The closer we get to power costs, the more desperate those users get to find new coins that they can mine at profit. That means they will load balance themselves across multiple coins, that's what they do, that's what YOU do. That's just one coin. I don't think you guys realize how close we are to oblivion when we approach energy costs on mainstream coins. Those miners wont switch off their rigs, they'll mine negative and a lot of them will find something, anything they can mine that will earn them more. That makes it much, much, much, much harder to find niche coins that earn you your profit.

When profit is up on mainstream coins that means it's much easier to reap profits on niche coins as people get lazy and complacent, like Nicehash miners. When profit goes down, everything dries up, especially now days when we have many more miners then we had say a year ago. That's a lot more eyeballs and a lot more people search for those niche coins. Where you could mine a niche coin for months before, you get days. I mined one for about 9 months last year before it was eventually whored out and now it no longer produces as most people know about it. Coins are generally non-renewable, once enough people find out about it to equalize it with mainstream coins it's dead.

It's pretty hilarious that some of you think that mainstream coins have absolutely no impact on your lives, they do, the entire crypto scene rotates around them.

Quote from: Amph on February 07, 2018, 06:28:32 AM

Quote from: pallas on February 06, 2018, 09:38:45 PM

Quote from: mycoin2018 on February 06, 2018, 08:18:23 PM

Quote from: rednoW on February 06, 2018, 07:59:04 PM

Quote from: pallas on February 06, 2018, 06:32:16 PM

I'm at 20$ per card with opensource miner.

xcn? )))
In fact argo (skein) was making good profit as it was pumped

Argo was good if you got in the first few days probably was 20$ then.

None of those. Sorry guys I can't tell you. The purpose of my post was both to show that even in bad times you can make good profit, and that you shouldn't listen to anyone but everyone. Especially don't listen to bensam and sp_. :-)

probably raven i see you were selling 1m in no time at 100 satoshi each or more dunno...

Yup and then some people gamble with unlisted coins. That's not profit and not something you can talk about as if that's day to day income. You can just as easily, actually more easily, simply prospect by trading and do the same thing.

Are you looking for a new angle for your waffle to come out on top it seems you have nothing better to do? Your waffle just sways to match your argument, if you know a coin is about to be listed in a few days and you can get in on it prior to listing then ok, it's a small gamble but the odds are heavily in your favour as opposed to just trading. Risk to reward of jumping a coin early are far more favourable than your direct gambling at the exchange, in fact, I won't say anymore best you stay in the dark more profit for me.