Post
Topic
Board Announcements (Altcoins)
Re: [ANN] LITHIUM (LIT) - NO PREMINE - BLAKE 256 - MERGE MINED -- HOT NEW COIN --
by
Beaverslayer
on 05/10/2014, 05:16:26 UTC
Tell ya what, Mine on the merge pools and I will give you an address to send the unwanted coins to so you dont have to look at them. I bet we find more lithium blocks then the single pools.

UMO  uht9DtqH3LHwpzcnYaf98tseaNixYRT5cU
PHO  BbegAxWrg7wQGXVmnj21K5bJLEjNWNJUD5
ELT   eQy1A3a4zY7XALoEYyqExYVCQnA2nZnmL3
BBTC  2gyaqU4DceokMnRPzaCG4fSeawAmXhGQzwh
BLC    BU928pUUSkETaeULcgNL2LqjDWJVBNtbFg
XDQ   dUwHkgLezE6SLrc8GhDQ2Q3oiepRtxzLbX

I think mining muliple coins that you don't want, while easily more profitable, is not good for those coins as it just encourages you to dump the unwanted ones. Great idea, but not for the coins you don't want. They'll easily be dumped and another worthless coin with many worthless bagholders.

Farndogg, just finished reading the entire forum....and then I get to my idea...but you beat me to it...


Merge mining ALL the coins, is the BEST way to mine ANY coins. Think of it as this way: You have someone who wants to throw some money at you every now and again. Included in the handfull of money he throws at you, is a Silver Dollar...2 Quarters...13 Dimes and 46 Pennies.

By Solo Mining, or mining in a pool that only mines one of the available coins...you are in essence throwing away money. Who cares that the coins are traded on an exchange your not familiar with...get familiar with it...make some MORE money. If you only want the Lithium coins...mine the others at the same time, sell them at whatever exchange you want...and use the money to PAY YOUR ELECTRICITY BILL...

I've been merge mining these coins for months now and will keep mining them for a very long time. Dirac (XDQ) currently trades at between 32,000 and 37,000 sat each. They have taken a bit if a hit just like BTC and everything else. About a month or so ago, XDQ shot all the way up to 196,000 sat each....would you throw that coin away because you don't like an exchange? if so, throw them at me, I'll take all you can mine and throw...