Quote from: LPCobris on March 14, 2014, 01:04:00 AM

What is going on with the Alt-Coins latelly?...

Im getting miserable payouts... Much lower then the 0.01 per Mhash i was getting a few weeks ago...

If we join the low value of the BTC atm, i think i will have to shut down part of my farm (maybe half), why are the coins so low?
I understand the MT GOX Fiasco and the low BTC price, but the alt-coin market should be independent right?

LPC

Speaking of alt-coins and bitcoin as well - the price for BTC is good, but not even close to good days - alt-coins also have a value, but not 30 per coin -but rather around 12 (three times less).

So, on the payment side - only one third of fiat money can be gotten from coins.

On the mining side, 35 Hhash is available just at this pool, when only a month ago 14 Ghash at Middlecoin was considered extremely huge. So, the math power got trippled or thereabouts.

So,if profits got halved - that's even not so bad in this specific situation - as long the cost of electricity is low enough.

Perhaps some new tricks are needed to boost the profit. I can think of two tricks:

a) we are mining LTC and LTCs can be sold for EUR/USD - why not do payouts in LTC? - so pressure to dump alt-coins would be releaved a bit

b) some sort of trading (or at least an arbitrage) must be done -BTC/LTCD is still volatile, this is good for trading / speculating

Waffle, what do you think of a) plan?

=x