Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
kendog77
on 29/03/2014, 19:14:05 UTC
Altcoins were developed only so that people could mine on commodity hardware and it be impossible to mine on GPUs FPGAs ASICs... oh shit, why do they exist now?
Maybe it is time you take a strong look at Nxt!    Wink
No thanks, I took a long hard look at bitcoin and liked what I saw and still like it today.
You were discussing Altcoins if I am not mistaken...    Undecided

Not really, I was dissing them.


Regardless...  there is an answer to your question...    Roll Eyes
I hate to be pedantic but I wasn't... oh forget it Tongue

Hence the drop of GPU support after 3.8. I agree alts are a side show, like clowns. IMHO they're only good for pump n dumps to make more btc Smiley

Bitcoins are to dollars as altcoins are to dimes.

When I have enough dimes.........

You can call them clowns all you want but I make my kids tuition payments with the altcoins I mine.

Bitcoins too, just for the record.

Just remember there are many altcoins that are 4000% more profitable than Bitcoins and at least TWICE as stable.

Everytime China farts BTC crashes.

This is nonsense. Perhaps alts are 4000% more profitable than Bitcoins if you're trying to mine both using a GPU, but no-one is mining BTC with GPUs right now.

The Antminer S1 is $450 right now and will earn around $9.50 a day. I don't think any scrypt mining hardware can come close to returning $9.50 per day with a $450 hardware investment right now.