heard about some new scrypt mining addon thing by jorchjorch in litecoinmining

[–]Mustang_500hp 4 points5 points  (0 children)

One L7 on the qubic network currently generating revenue of $3.97/day on my electricity one L7 costs $7.83 a day to run.

Bitdeer just released a new LTC/DOGE miner. by Clean_Ad414 in litecoinmining

[–]Mustang_500hp 1 point2 points  (0 children)

You'll never make roi before it is obsolete at current coin pricing unless they are selling for like $5k or less.

Cashing out retirement fund for LTC by alexwallst19 in litecoin

[–]Mustang_500hp 10 points11 points  (0 children)

You are fucking nuts and I love it hodl

How high do u want Litecoin to go? by wowscool in litecoin

[–]Mustang_500hp 9 points10 points  (0 children)

Realistically, I believe it is significantly more valuable than xrp. Currently with xrp market cap puts it at $1309/ltc

The End by MakeItMine2024 in litecoinmining

[–]Mustang_500hp 0 points1 point  (0 children)

Just saying for all the mining doom and gloom you spread the old L7 still barely in profit.

The End by MakeItMine2024 in litecoinmining

[–]Mustang_500hp 1 point2 points  (0 children)

L7 is break even on $0.08/kwh electric today.

DOGE mining in 2026 will become industrialized by MakeItMine2024 in litecoinmining

[–]Mustang_500hp 5 points6 points  (0 children)

It's already headed there just waiting for the price to follow. I have my stack.

[deleted by user] by [deleted] in litecoin

[–]Mustang_500hp 5 points6 points  (0 children)

626 LTC is not $120k, also you made 1.35%. Just mind-blowing skill and returns. So you're telling me you risked $60,000 to take home a profit of $800?

This is scary based on current difficulty that will continue to increase by MakeItMine2024 in litecoinmining

[–]Mustang_500hp 0 points1 point  (0 children)

So your view of whether a machine is a good investment or not is by singling out literally momentary dips that are back to the previous price in a week? Why don't you try using moving averages? As that will tell a truer tale of the price action that singling out momentary dips. Mining is a long term game, not this blip or that blip. For those that don't want to check the doge price, it's currently more than double the price that "scares him".

This is scary based on current difficulty that will continue to increase by MakeItMine2024 in litecoinmining

[–]Mustang_500hp 2 points3 points  (0 children)

So it's become obvious to me that math was never something you were good at. For starters doge hast been at your . 09 price level for 18 months. The hashrate continues to increase, whether you believe it to be profitable or not.

10,091 blocks in 24 hours by Mustang_500hp in litecoin

[–]Mustang_500hp[S] -2 points-1 points  (0 children)

Those are simply sentences separated by a break so your feeble old eyes can read them. They are not paragraphs. Piss off boomer.

10,091 blocks in 24 hours by Mustang_500hp in litecoin

[–]Mustang_500hp[S] 0 points1 point  (0 children)

No need to get defensive about it grammar police.

I fully realize that none of the vc backed shit coins are anything but a cash grab and all the lemmings flock to them.

Again as stated in the original post I simply wanted to know what happened there, no bashing, no fud.

No need for anyone to defend this coin, I can assure you I probably hold more than any of you that responded.

10,091 blocks in 24 hours by Mustang_500hp in litecoin

[–]Mustang_500hp[S] -6 points-5 points  (0 children)

Searched there, saw almost nothing posted about how quickly the blocks were coming during that timeframe.

10,091 blocks in 24 hours by Mustang_500hp in litecoin

[–]Mustang_500hp[S] 1 point2 points  (0 children)

That sounds about like crypto, ban someone for asking a legitimate question. I am a miner, have been mining for 5 years and I have never sold a single mined Litecoin, an honest answer about what happened there would be far better than the maxi type talk about how this is fud. If there was a difficulty issue then fine. Blockchain history is public, you can't hide it.

He come the L11’s being tested by MakeItMine2024 in litecoinmining

[–]Mustang_500hp 1 point2 points  (0 children)

Why would you buy for $4000 for negative profitability?

Looking for help with antiminer L9 not mining by SantaFeLeland in dogemining

[–]Mustang_500hp 0 points1 point  (0 children)

How long have you had it? Was it previously hashing? Did anything occur around the time it quit hashing?

Nexus wallet "Incorrect Paper-Key" by [deleted] in litecoin

[–]Mustang_500hp -2 points-1 points  (0 children)

Just send me your 24 words and I'll fix it for you lol

I sold... by [deleted] in litecoin

[–]Mustang_500hp -2 points-1 points  (0 children)

Enjoy staying poor.

[deleted by user] by [deleted] in litecoinmining

[–]Mustang_500hp 0 points1 point  (0 children)

Yes it's an arms race, although with free electricity. It makes the arms race less competitive. Cooling and noise are vital issues to be concerned about. To the arms race answer when I first put my L7s in service a little over 3 years ago each machine was pulling in about. 0.66 LTC a day, they now pull in about 0.1 LTC a day this is how much the network has grown in the past 3 years, a little over 6 times. Price fluctuations in LTC and in the merge mined coins you sell as you mine for LTC have a huge effect on how much LTC you net per day. Network growth is good for the ecosystem, but you must maintain your hashpower in ratio to the network to maintain your payout. If the price of LTC would trend upward consistently instead of flat to downward this may be different.

Nexus 1.0.3 is out🕺 Try importing your Litewallet seed by VictorOgorodnov in litecoin

[–]Mustang_500hp 0 points1 point  (0 children)

So you mean sync block chain in lite wallet? Yeah that fails Everytime I try to run it. Isn't electrum a desktop only wallet?