Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CROAT - THE CATALAN ALTCOIN - EGALITARIAN COIN OF THE CATALAN PEOPLE
by
ptrs
on 31/07/2018, 14:06:02 UTC
Hello everyone,

today we could notice the price change at the  stocks.exchange

Here are the reasons (my personal opinion):
1) CROAT difficulty has been dropped significantly, since yesterday mining on the unknown or private pool has been stopped
2) ETN price dropped (ETN bubble), since google is started to block mobile miners within play store. ETN responded, that ETN mobile mining is not affected, since ETN mobile mining is only EMULATED!!!
3) Some ASIC miners switched stratum from ETN and SUMO to Nicehash.com, because currently is more profitable to sell the hashpower to Nicehash
4) On the Nicehash there was till today's midday opportunity to make some profit from CROATs. Dumpers needs immediate profit, so they are willing to sell CROATs for the very low price 145 Satoshi

Currently there is profit 2700 CROAT/day/MH. Average price of Cryptonight on the Nicehash is 0.0052BTC/MH/day  https://www.nicehash.com/algorithm/cryptonight

So the average expenses for 1 single CROAT are :
0.0052 BTC/2700 CROAT =  0.00000192592 BTC/CROAT  + fees for Nicehash.com + exchange fees

Please do NOT SELL Your CROATs so cheep. The current LOW price is GOOD for BUY, but not for SELL