Quote from: Viggy on November 29, 2013, 01:12:12 PM

The economics are actually slightly worse. Difficultly will increase to around 1770 in the next 22 hours and you will only mine 440 LTC at that rate for a total of $17,600. Now you are losing money.

I agree with you that this is just like buying LTC now.

This deal is no longer appealing. Yochdog is trying to hedge an extremely volatile commodity (LTC)an admiral thoughtfor a very short period.

It's basic financial risk analysis... The more volatile the commodity, the more risk, and the more generous the seller must be to compensate the buyer fairly.

To make this appealing one of two things must happen:

The margin from market price must be increased OR
The length of the term must be increased.

Failing these two items, this deal is merely a very large purchase order, to be delivered in 7 days.

don4of4

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