Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine
by
wesly1158
on 13/09/2014, 15:49:19 UTC
Can't dump too much or it won't even be worth the time for the farms.

Buy Orders   Total: 5.33197566 BTC

And that is all the way down to 1 satoshi.

may be wait for sometime till the volume rises.

If XCN is not profitable to mine, the farms will move coins with higher demand.

If XCN is being mined at a loss, it may indicate miners are hloding and speculating, not dumping.

What does it cost for a low cost farm (cheapest rent/power/labor, paid-for hardware, proprietary miner) to mine 1 XCN at current difficulty?

Maybe I can just look for large bids to figure this out?

It is not profitable for AMD cards with electricity over $0.12 /kWh.

Now the price is very low.