Everyone's too busy with this shiny new coin to give me context on how the dogecoin halving is effecting the value, it seems.
Everyone's too busy with this shiny new coin to give me context on how the dogecoin halving is effecting the value, it seems.
The mining profitability of Doge is currently less than even litecoin. At current prices, Doge is dead for mining. You can look at coinwarz or coinchoose, but note that coinchoose is still reflecting a 500,000 block reward, which is wrong (should be 250k), so divide the profitability in half.
Did the price of AMD cards again Skyrocket?
well it's DOGE inflation that got halved, not total DOGE supply
far too many ppl took block halving as indication of doge price doubling, when simple network hash adjustment can deal with DOGE profitability (diff already at 1.2k)
also, BTC is recovering
I mentioned all this be4
you don't really understand how all this works?
Doge is dead for mining - means ppl are exiting DOGE mining right?
So there is less people sharing DOGE blocks and very soon it's profitability is back to normal.
Yessir...
290X's are now $900, 280X's $600, 270X's $300
at first i thought you were joking.. until i saw this...
http://www.anandtech.com/show/7758/radeon-r9-290x-retail-prices-hit-900
at one time all the money and goods were virtual just like the coins.
I can't believe its real goods now and the gov is not on it with both feet.
personally I wish they would outlaw it or let them pay a ton of taxes like I do.
Did the price of AMD cards again Skyrocket?
I hope AMD is behind some of these price increases in order to help the company become more profitable in order to take advantage of the situation. It'd suck if it was only the retailers raking in all the profits.Yessir...
290X's are now $900, 280X's $600, 270X's $300
Need more people to join Sunny's AKC pool :awe:
pray tell, why would I care to mine any of those unknown altcoins?
you don't really understand how all this works?
Doge is dead for mining - means ppl are exiting DOGE mining right?
So there is less people sharing DOGE blocks and very soon it's profitability is back to normal.
pray tell, why would I care to mine any of those unknown altcoins?
Yup.Because some day they might get to shine in the spotlight... just think of dogecoin a couple of months ago...
Usually jumping on brand spankin' new coins nets some quick and dirty profits in the first couple days before they fall off the map, and/or rebound later on. Generally you can make far in excess of what current active/stable coins make by 2x-10x before they even get listed on an exchange.
I'm not actively trying to pimp my pool here, I'm just telling facts. You're welcome to mine whatever you want.
I mined 30K right off the bat. After that, it's been slow. Only have like 50k since launch.Well. I don't think SunnyD was the only one with pool problems.
I set my mine up to coinardia mining panda before going to bed. Woke up to find bupkis. No blocks mined on that pool. Decent hash rate, but nothing to show for it.
I've got 250k over the last 9 hours on dedicated pool, and it has now confirmed into my wallet. I've no idea if 250k is good for 1.5 MH/s - I have no concept of what PANDA is worth, but I'd guess, that's a pretty poor show.
Doge is dead for mining - means ppl are exiting DOGE mining right?
So there is less people sharing DOGE blocks and very soon it's profitability is back to normal.
What are you talking about? I really don't care what the profit will be tomorrow, or next week, or next year, if I'm talking about profit TODAY. At current prices and current rewards, it is not worth mining Doge. If you have a different opinion, please share. Simple math will prove you wrong. You can even mine LTC, and exchange them for Doge, and have MORE Doge than mining Doge directly.
I think I have a pretty good grasp of how this works. As of right now, mining LTC will earn you $X per hour per KH, and mining Doge will earn you less than $X per hour per KH.
I hope AMD is behind some of these price increases in order to help the company become more profitable in order to take advantage of the situation. It'd suck if it was only the retailers raking in all the profits.
Unfortunately I don't think AMD really is. Those batches of chips from tmsc were on a set contract. Who knows when AMD would have the chance to set new terms? Could have been December? could be in the future still.
I'm sure AMD is selling set tray like prices per 1000 chips to board manu's.
even if AMD does increase the chip price by 50%, gamers will get hosed and it will seriously hurt Mantle's future adoption. (short term)
The culprit, as has been the case since the start, continues to be the strong demand for the cards from cryptocoin miners, who are willing to pay a premium for the cards in anticipation of still being able to turn a profit off of them in the long run. Interestingly this also comes right as Chinese New Year comes to a close. Chinese New Year doesn’t typically affect video card prices for cards that are already released and on shelves, but the lack of production for the roughly 2 week span certainly isn’t doing the 290X market any favors given the strong demand for the cards.
Finally, it’s interesting to note that this phenomena remains almost entirely limited to North America. Our own Ian Cutress quickly checked a couple of UK retailers, Scan.co.uk and Overclockers.co.uk, and found that both of them had 290 series cards in stock at pre-VAT prices that were only marginally above the North American MSRPs. A PowerColor R9 290 OC can be found for £275 (~$460 USD) and an XFX R9 290X for £334 (~$560 USD). The European market of course has its own idiosyncrasies, but ultimately it’s clear that UK pricing has gone largely unaffected by the forces that have driven up North American pricing, making this one of those rare occasions where hardware is more expensive in North America than in Europe, even after taxes.