So what's going on with the overall alt coin ecosystem? I fully believe h2o is above board so this has nothing to do with him. I keep adding more hash power and initially I see a nice boost in return. Then after time the value I used to bring in at 1 MH/s before is the same as I'm bringing in now at over 2 MH/s. Maybe even less. Is this:
- all alt coins are increasing difficulty so less returns?
- bitcoin value increase somehow effecting it?
- more people in middlecoin and the block finding increase doesn't match the increase in the number of people funds are being distributed to?
Something else.
Thoughts?
JR
If the BTC price is rising then surely the BTC/ALT-Coin price has to slide the other way unless the ALT-Coin gains in value against BTC. Look at Cryptogenicbullion (CGB) as an example. It has recently halved it's block reward from 5 to 2.5 and the CGB/BTC price has risen making that coin more valuable.
I think we might be getting what looks like a lower amount of BTC, but the value of that against fiat has risen so it works out we are receiving the same/more in some cases.
Am I right with this thinking?