What is happening to all the alts?
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Vertcoin, Dogecoin, two former safe bets for profit mining have taken a real plunge over the last 4-6 weeks. Litecoin is profitable again…
Does anyone know what is going on?
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Both those coins seem to have been quite popular since they launched maybe the shine has been taken off a little as some new coins such as aurora coin have caused some to jump ship.
I did wonder how loyal those types of miners would be. I could be wrong but it seems they may just be chasing the new / trending coins.
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Both those coins seem to have been quite popular since they launched maybe the shine has been taken off a little as some new coins such as aurora coin have caused some to jump ship.
I did wonder how loyal those types of miners would be. I could be wrong but it seems they may just be chasing the new / trending coins.
I’m not sure if it’s market forces or people messin before LTC is available as a fiat pair on China’s biggest exchange. These alts are going down and Litecoin is flexing it’s muscle a little. I sort of like it, restores a bit of order.
Also Clever Mining has lost a ton of miners over the last few days, perhaps people are going back to Litecoin.
ghash.io is offering double LTC payouts, they got really close to 51% of the market, I wonder if that has anything to do with LTC making a comeback?
