Hello!
I used to mine KARM and sell it for LTC on Mintpal for 200 Litoshi, but the reward per block was much higher ( ~100k) and because of this worked.
Now if I want to buy 1 LTC I must spend >600k of KARM @ 160 Litoshi, but the reward per block was reduced to 35,000 KARM per block...
Actually I must spend the entire reward of 18-19 blocks of KARM for 1 LTC !
If Mintpal asked for stable 150 Litoshi course for KARM, how much do you estimate the pair KARM/BTC ?
Hi,
How long did you mine in p2p pool ? There are a lot of factors to take in account. I will try to explain. When you mine in two pools , pool A and Pool B, what you will make a day on average should be the same. the key word is on average. For example if day 1 you join pool A which mines with 100 Mhs and you mine 10mils coins in 24 hrs and on day 2 you join pool B which mines at 80 Mh/s and you saw you got 9 Mis coin for 24 hrs yo should scream faul. this can happen because Pool B has lesser hashrate and it probably needed some more time then 24 hrs to give you the same payout. this is basic statistics. But there is also luck. one day Pool A could find double the blocks and an other day no blocks at all. Same goes for pool B. but luck factor is moslty a %25 off. it could be %25 more one day and %25 off an other. Therefore if you mine on pool A for a longer time , let saw a week, you will mine the same coins in pool B at the end of the week.
Therefore since our p2p pool is still new and has less hashrate , you were suppose to make less coin than staying in the other pool. This is why we have donated coins and are paying a %20 bonus. So it will fill in the void and make you get as much coin as the other pools. So get the same amount of coin for now while helping out keep our system stable. Eventually when more and more people join the p2p pool , it will be the pool with more hash and it will start to find more coins per day. Then mining at this pool will start to get you more coins