Search content
Sort by
Showing 7 of 7 results by GadgetMasterLTC
SIGMA is going live at 4pm today in the Netherlands. GMT +2. Only 6 more hours and 11500 more coins for the mining pools before mining is taken over by ordinary citizens like early days of bitcoin. 
I am documenting this fail decision in the event any other numbnuts coins wants to switch off scrypt. Your coins price won't do shit but fuck I will laugh my ass off if the price goes down!!!
Tonight I go to sleep knowing that I was right and scrypt miners got screwed over for no reason. The outcome was logical but this is evidence that changing algorithms is not a solution for higher prices.
I will do my laugh my ass off post at the end of the week.
Blame the latest price smash on the scrypt miners, if it makes you sleep better at night.
SIGMA is going live at 4pm today in the Netherlands. GMT +2. Only 6 more hours and 11500 more coins for the mining pools before mining is taken over by ordinary citizens like early days of bitcoin.
I am documenting this fail decision in the event any other numbnuts coins wants to switch off scrypt. Your coins price won't do shit but fuck I will laugh my ass off if the price goes down!!!
Tonight I go to sleep knowing that I was right and scrypt miners got screwed over for no reason. The outcome was logical but this is evidence that changing algorithms is not a solution for higher prices.
I will do my laugh my ass off post at the end of the week.
SIGMA is going live at 4pm today in the Netherlands. GMT +2. Only 6 more hours and 11500 more coins for the mining pools before mining is taken over by ordinary citizens like early days of bitcoin.
I am documenting this fail decision in the event any other numbnuts coins wants to switch off scrypt. Your coins price won't do shit but fuck I will laugh my ass off if the price goes down!!!
Don't invest in Scrypt miners, another high profile coin switching to new Algo.
After gamecredits marketcap tanked we noticed the profitability of Scrypt mining start declining, some more bad news, Gulden the last of the non merged mining coins that has a decent marketcap has created their own Algorithm called SIGMA which they are switching to next week.
This will ensure profits on mining pools decline further for Scrypt mining. I have managed to sell most of my hardware this last week and just kept a couple of Antminer L3+ miners to mine litecoin for future profits as it won't be worth selling now.
You have been warned, Gulden moving off Scrypt will be another death knell for scrypt miners, it's a shame because Gulden was the last Scrypt coin doing actual development.
This will ensure profits on mining pools decline further for Scrypt mining. I have managed to sell most of my hardware this last week and just kept a couple of Antminer L3+ miners to mine litecoin for future profits as it won't be worth selling now.
You have been warned, Gulden moving off Scrypt will be another death knell for scrypt miners, it's a shame because Gulden was the last Scrypt coin doing actual development.
I'm actually curious to see where it will go with SIGMA and the further development
Just bought some more, to be honest
Just bought some more, to be honest
It does look to be only the pools dumping at this stage when I look at bittrex sales.
This coin has larger problems if it can't sustain its price with so few coins mined daily. Digibyte is the almost the same price as this shit and over a million coins a mined a day. Over 12 billion coins mined already and you retards are blaming the scrypt miners. GTFO!!
I follow all the scrypt coins news to see what's going on because I currently use various Antminers to mine coins. After gamecredits price fell to under $2 million marketcap, gulden was the only coin providing better revenue for scrypt miners on pools. I was sad and shocked to read that Gulden is changing Algorithms. This can have serious consequences for the Scrypt mining market and as such have already starting selling my miners on various auction sites.
Why didn't the Gulden developers approach the mining community to have dedicated hash and we could of supported the project in our own way. On the exchanges and withholding earnings from the exchanges?
Scrypt miners have killed the goose that lays the golden eggs, because they only interested in getting BTC or LTC rewards to exchange into fiat. Traders don't need to buy coins
on the exchanges, they can place buy orders and wait for the pools to dump. The miners should of been more pro active in supporting the coins they were mining instead of
expecting an indefinite income. It's too late to convince Gulden developers to stop with SIGMA but you can try salvage the situation with coins like gamecredits.
It's a free world, miners can cash out to whatever currency they want! Miners do enough for the coins by securing the block chain.
Bad news, the reward is going from 100 to 120 when Sigma launches as 40 reward going to Gulden Advisory Board for dev funding. New rewards is 50 mining, 30 Witness and 40 Funding. I have dumped my coins that aren't in witness this morning as the price will go much lower because more inflation. Max coins stay the same it will only get max faster.
LOL!
So they even fucked up NLG more then it allready was! Hahaha...
It is obvious that those assholes at NLG just want to earn NLG by doing nothing.
Why don't they pull in an army of cheap CPU power and -help- their network?
Nope, they take 40% of what other miners make AND the miners have to finance their Witness wett dream (free money for big stashes!)
If you putt a Scrypt or X11 miner on ProHashing, you will earn 100% of what you mine and can get paid in NLG.
So you will -only- earn 60% MORE!
This Sigma bullshit is just an extension of their world of scam and how they work...
Is Rijk even gone of this project? Or is he just hiding in the back and waving whit his Daddy lawyer power and think he is safe?
If they want this project to succeed, at first you don't take 60% of the miners income, you will GIVE them 10-20% extra.
Just to retain their CPU power and earn some trust again. NLG has pulled down enough pants by now.
Wake up at NLG and behave like a man and stand for your product!
Not this Lame Ass Bullshit like the've done before
I follow all the scrypt coins news to see what's going on because I currently use various Antminers to mine coins. After gamecredits price fell to under $2 million marketcap, gulden was the only coin providing better revenue for scrypt miners on pools. I was sad and shocked to read that Gulden is changing Algorithms. This can have serious consequences for the Scrypt mining market and as such have already starting selling my miners on various auction sites.
Why didn't the Gulden developers approach the mining community to have dedicated hash and we could of supported the project in our own way. On the exchanges and withholding earnings from the exchanges?