Charlie Lee has sold all his LTC, became a gazillionaire.......
Litecoin Founder Charlie Lee Sells Cryptocurrency | Fortune
He donated it.
Charlie Lee has sold all his LTC, became a gazillionaire.......
Litecoin Founder Charlie Lee Sells Cryptocurrency | Fortune
The mining setups I have seen in the past were electric heaters. That cost in ac has to run several hundred a month.
Do we forsee an imminent LTC crash due to the BCH nonsense? Would now be a good time to sell LTC, and buy it back up at the bottom of whatever crash may be coming... or just ride it out?
I have heard it takes 1k electrical power to mine one bitcoin. This was over a year ago and as the block chain gets larger it should take more electric power.
Bitcoin is not something you mine now. Its far too difficult. Ethereum is at the end of its profibility for a regular miner. Ethereum sweet spot ended around July.
Right now I am mining ZCash at a rate of about $180 a month using its current value with a single GPU. I sold off my large multi-GPU mining rig once Ethereum got too difficult.
Really mad right now. The rumor mill is circulating over Ripple, and I've been wanting in for weeks. It appears all of the major crypto exchanges have suspended Ripple from their services for the time being.
If the rumors are true, this could be a huge miss.
Also, rumors are that two household companies will begin to accept Ripple as a form of currency. Amazon is among that buzz
EDIT: A reddit user believes they may just be temporarily disabled do to the massive spike tonight.
I haven't seen anyone mention it yet in this thread, but has anyone checked out UBIQ? It's supposed to be a more stable code base that Etherium, and takes 88 seconds to mine a block if you decide to mine it. Current price is $3.61, so it would be easy to get in for $100 or so. I've been seriously considering getting into UBIQ.
What are your thoughts?