Post
Topic
Board Pools (Altcoins)
Re: [ANN][POOL] Profit switching pool - wafflepool.com
by
comeonalready
on 19/03/2014, 10:20:42 UTC
As for phzi, he's just going to take the brunt of it because he's here a lot, and posting a lot Smiley

And having admitted it proudly seemingly knowing exactly what he was doing!

Over the past three days, there has been as much as a 26% rise in the value of litecoin itself, the value of which many other scrypt coins seem to track.  And as litecoin is one of the coins we have been mining, I should hope that our profits measured in BTC are increasing as well!  

Unfortunately, over the last 3 days there has also been close to an equal rise in difficulty Smiley  LTC profitability has increased only marginally in that time (5%?).

An excellent point of course..  I might have omitted that part of the equation simply to make a stronger point (in the absence of someone else who knows what he is talking about) .  Or I might have simply neglected to account for the increasing difficulty.  I'll never tell (but you could look a few pages back to see if I was aware of the litecoin situation.)

Looking forward to pool rejection rate statistics!

Update, there should be another significant litecoin difficulty increase in less than one hour!