Help me understand...

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3Moose
Posts: 102
Joined: Sat Aug 26, 2017 6:14 pm

Help me understand...

Post by 3Moose » Fri Dec 08, 2017 9:36 am

I understand that profitability is falling because of various difficultly issues. That's life.

What I don't understand is how the pool earnings can go below litecoin. If litecoin is the base, and we mine all coins that are profitable at litecoin or better, how can we ever be below litecoin in earnings (less pool fees)?

Is the low profitability a function of having to pay in BTC and the fact that when BTC rises it essentially takes away for pool profitability?
Jakeg5280
Posts: 31
Joined: Sun Sep 24, 2017 1:09 am

Re: Help me understand...

Post by Jakeg5280 » Fri Dec 08, 2017 9:44 am

i hear ya.
no matter how cool the bros are, they have a problem if they cant add a few % to litecoin mining.
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3Moose
Posts: 102
Joined: Sat Aug 26, 2017 6:14 pm

Re: Help me understand...

Post by 3Moose » Fri Dec 08, 2017 11:09 am

I am just curious as matter of operations. I am curious as a business person really... I know they get hammered when BTC rises fast... I am just curious of the loss in BTC is socialized.
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