Post
Topic
Board Announcements (Altcoins)
The project is a continuous shitshow scam.
by
nimiqshitcoin
on 26/01/2019, 13:08:19 UTC
Wow, I heard about this project back in 2017 and now I found it in Last posts and I can see mainnet started and mining too.
I would like to ask if someone is able to tell me about profitability.
Are there any profitability calculators for this coin?

Mining isn't profitable at the moment. You would find a calculator here: https://calc.nimiqx.com/
Until now, it was only CPU mining (but some people were mining with free VPS trials) and GPU miners came out a few days ago (that's probably why the hashrate is growing these days).
You can find other community websites at http://nimiq.community/

I think Nimiq is among the most profitable coins for some GPUs. If it is profitable at all, depends on your local energy prices etc.

For example, a 1080ti gives you about 300 kH/s on Nimiq, a revenue of about 1500 NIM/day, which is approximately 1 USD/day. The same GPU gives you around 50 MH/s on Ethereum, a revenue of 0.0046 ETH/day, which would be around 0.54 USD/day. RVN would give you around 0.67 USD/day. (data from cointomine.today and whattomine.today)

Stupid Marvin sockpuppet account who doesn't know to do basic math.

A 1080ti with 300kh/s generating 1.5k nim/day multiplied with the price (that is kept afloat artificially by the scam team) is $0,87 and not $1 as you are lying.

A 1080ti using ETHASH generates 55MH/s on Ethereum, a revenue of 0.004993 ETH per day according to https://whattomine.com/coins/151-eth-ethash?utf8=%E2%9C%93&hr=55.0&p=20&fee=0.0&cost=0.1&hcost=0.0&commit=Calculate

The project is a continuous shitshow scam. They are being sued by Robin Linus who is still the President of the Foundation and was "removed" from power by his teammates in order to take control over the money and because Robin became a severe cannabis drug abuser. In one year, they wasted about 5 million USD. From 12.8 USD ICO, now they own only 8 million USD. The burning rate is about $200,000 a month. And the wages of a developer is $200,000 a year without additional bonuses, travel expenses, chef, food & beverages. Most of the community left, most of the developers left and closed their apps (nimipet, philpool, nimbus, beepool, nimigames). The project is a scam. They confirmed that they use trading bots wasting ico money to keep the price afloat buying coins from the market. The entire project is a SHITCOIN and a continous SHITSHOW