Re: (Unofficial) [ANN] Litecoin [LTC] X11 hardfork at block 564,480
LTC needs to stay scrypt to support and benefit from the scrypt asics. Why can't you just be content with mining Darkcoin? There are plenty of GPU farms out there that will certainly switch to that coin once the 250Mh KnC units begin arriving.
Agree, change the coin which mines X11, I mine DRK and I`m very satisfied.
When I calc profit at current price for 30,000 khash /X11/:
DRK about 12 DRK daily = 0.01682 BTC
HIRO about 2000 HIRO daily = 0.0436 BTC
really don't understand how can someone mine DRK and be happy with so low earnings.
Fact is, that X11 consume about -50% electricity compare with scrypt, but anyway 0,016 daily is fuckin low for that speed
And I thing X11 for regular ltc is not good idea. Ltc is fine now, when the price jump up thanks to asics, more X11 alts will come. Thats good for GPUs future. There is new ltc for gpus - HIRO
And really decentralized network is no ASIC network, because no one can buy it "right now" /pre-orders, late delivery etc./ compare with GPUs, and ROI at invest $10,000 is discutable, if you'r not a manufacturer
Time to look at PoS coins like communitycoin, I thing big potential coin .)