Re: GAW Zen Hashlet PayCoin unofficial uncensored discussion. ALWAYS MAKE MONEY :-)
just stumbled across this...
it's astounding the amount of money that people are just flippantly throwing away on this altcoin.
12.75BTC for less than one day rental of 150TH/s?
deary me that right there is some kind of insanely blind belief.
it's astounding the amount of money that people are just flippantly throwing away on this altcoin.
12.75BTC for less than one day rental of 150TH/s?
deary me that right there is some kind of insanely blind belief.
Trying to do the math, I just found this paycoin mining calculator:
http://www.coinwarz.com/calculators/paycoin-mining-calculator/
If that is correct, it appears hugely profitable atm, not sure if Im missing something?
Not profitable enough to warrant the 13 BTC, but mining 6.5 BTC worth of scamcoin per day aint bad at all for 150 TH.
Mining bitcoin its just 1.9 BTC.
i'm sure that there is no doubt that there is profit for those who are mining, as long as they are swapping it straight to BTC on the toy exchanges.
But there is not a single honest and real assurance made by GAW that it will be worth holding onto. Hence why i'm playing safe and just renting out my rigs for all the BTC I can muster while this phenomenon lasts.
i made a guide to help others do the same: https://bitcointalk.org/index.php?topic=894826.msg9849580#msg9849580