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    Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9724671 times)
    goin2mars
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    March 10, 2014, 11:16:38 AM
     #7661

    mining this coin seems to be awfully unprofitable and also the diff is the 2nd highest after doge.

    cant seem to figure out why.

    Probably because you're comparing it with a 1:1 ratio. For a rough estimate of the difficulty normalized to Scrypt, you'd need to divide the difficulty by around 2.47. This gives a difficulty of 133.6 as I write this. The reason you need to normalize is because you do much more hashes for this coin than with scrypt . . for me it's 2.47x more hashes. Nova, Aurora and Feathercoin have higher difficulties. Catcoin and Tagcoin are pretty close to this too. Vertcoin is beating this coin as well, with a 300 normalized difficulty (you just double what it's at right now).

    Also, not every person in the world is after maximum profitability per day. A lot of miners will just point their rigs at coins that are damn worth it, because when they wake up in the morning their coins won't be worth 10% of what they were when they went to sleep, or because they really think this is a fantastic coin. It shows a lot that profitability is low for this and it's at such a high difficulty. I hope you can find something you think you can really get behind soon enough and stick with it.
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