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Showing 3 of 3 results by lw8
Re: [ANN][DOGE] Dogecoin - very currency - many coin - wow - v1.2 Released
Yes, you'll wish you sold sooner.
DOGE very DOGE. LOL.
To the sun (to burn up in it).
Everyone seems to be mining DOGE. Which is amusing. It is this week's GLD, with even less point....
I think it will give all the newbies an education on what to look for in a good coin.
This is not a good coin:
Block 1-100,000: 0-1,000,000 DogeCoin Reward
Block 100,001 200,000: 0-500,000 DogeCoin Reward
Block 200,001 300,000: 0-250,000 DogeCoin Reward
Block 300,001 400,000: 0-125,000 DogeCoin Reward
Block 400,001 500,000: 0-62,500 DogeCoin Reward
Block 500,001 - 600,000: 0-31,250 DogeCoin Reward
Block 600,000+: 10,000 DogeCoin Reward
That is made for dumping junk.
I think it will give all the newbies an education on what to look for in a good coin.
This is not a good coin:
Block 1-100,000: 0-1,000,000 DogeCoin Reward
Block 100,001 200,000: 0-500,000 DogeCoin Reward
Block 200,001 300,000: 0-250,000 DogeCoin Reward
Block 300,001 400,000: 0-125,000 DogeCoin Reward
Block 400,001 500,000: 0-62,500 DogeCoin Reward
Block 500,001 - 600,000: 0-31,250 DogeCoin Reward
Block 600,000+: 10,000 DogeCoin Reward
That is made for dumping junk.
It's simple; if that miner that cost you £2,800 only mines you 1 BTC before end of life and the value of 1 BTC rises to £20,000 sometime in the future, then it was worth all the effort.
For £2,800 you could buy 7.57 BTC (@369.84BTC/GBP right now).
If BTC rises to £20,000 (!) you would have £151,414.61. I think £151,414.61 is greater than £20,000.
Buying miners is for the fun, not the profit. Or you are dumb.