Quote from: busta on July 31, 2019, 07:00:18 PM

Sry, i dont get your Point. Profit from mining will be reduced but its still profitable?
Even Bitcoin (and a lot of altcoins) has this problem in the past, they keep mining in hope one day the return of investment will be positive.

the overload will be too much IMHO if Bitmain L3's and L3+ units go off the network at these prices.

The question is IF everything that mines even at above $150 price of LTC, can't justify the price vs electric..who is gonna mine?

Never saw it this likely to lose 3/4 of hashing ON TOP OF the price vs difficulty as it is now.

Just saying a variety of factors that are gonna make things worse in the short term

Also, in the PAST new Scrypt-pow miners at better efficiency usually was an option around these kinda events, I don't see any investment in such at this

time to mitigate the above either.

Anyway, 3 or more effects combining to make this very 'interesting' on how all this will play out mining/cost of coin/and LTC in general

again, hope I don't know what the F*ck I'm talking about, but looks 'sharp-edged' at every angle I can see in the short term at least for LTC price and adoption

with above drama.

Brad