Eth is proving time and a gain what a hyped POS coin it has always been and when the miners leave the price will just continue down the shitter as the Scam ICO's get shut down. So it should naturally turn people attention to solid projects such as this one.
I agree ETH looks overhyped. I invite everybody to look at http://bpeindex.com/ to understand how XMR is cheap at the moment...
No doubt Casper will attract GPU miners to Monero. But what do you think about the afflux of miners on the price of XMR (not ETH)? For example:
- scenario1 = miners need to pay for their electricity bills in fiat, so they sell their mined XMR, which is driving the price down (miners sell, but don't buy)
- scenario2 = miners need to pay for their electricity bills in fiat, but they sell their mined XMR at least at cost price which is ~143USD with current difficulty (~51,725,000,000) & $0.10 per KW/H & 1% pool fee. I know $0.10 per KW/H might sound high but I am including the whole cost. Watch https://www.youtube.com/watch?v=YLivTR3KBxs if you don't understand the global cost of mining for big farms
- scenario3 = ?
I'd like to read various opinions of this community on this subject
Good link, really puts in perspective what people are paying for those crap coins.
Quit the hype guys... It's better to keep it real in this thread. And I wouldn't mind if XMR stays under 100 USD for longer time than the rest of the alts. I wish I could dump my TRX at the next pump with profit and get me some more Romeros.
I bet that bags getting heavy.
Monero was really good at the start but after pirate sites for movies and all other things implementing mining on visitors computers i lose faith on monero.
I think monero will recover if they find a solution on this issue.
On the other hand monero is really good at privacy and i really love to use monero on special things.
I think monero will recover if they find a solution on this issue.
On the other hand monero is really good at privacy and i really love to use monero on special things.
LOL, why would you lose faith in Monero if people wanted to exploit other people?
One of the Monero focuses is to have as much small miners as possible because this contributes to decentralization, so this web mining is welcome. Of course people should be aware of it... I would prefer to give some hashrate to a site instead of looking at annoying ads.
I agree, and as long as it's a choice then what the fucks the problem?