5 replies to this topic

[tatsuxsj]

So, I was taking a look at cashing out for dogecoin and mooncoin on sites such as cryptsy and coinex. For mooncoin, I see that you would have to exchange it for LTC and then exchange LTC for BTC before you could cash out. However, when I look at the figures, the numbers do not seem to be matching up. From the data provided in the pool, you should make (at this time) a little more than $8 a day if you are mining at 1Mh/s. I'm just a bit over that, but for the sake of numbers, lets justt say i'm doing exactly that amount. However, when i look at the projected amount of mooncoins I will make in a day, it does not equal $8. It's usually about $1.50 or a little less than $2. Where does the discrepancy lie? Are my numbers wrong or is the pool data wrong? I'm new so any and all information you could provide would be greatly appreciated. Thanks!

[tatsuxsj]

disregard this. My math is wrong. 

[Bonesoul]

So the pools calculations should be okay

[jytou]

Hi,

thanks for the site, it is a great site.

However, one word about Moon (not Doge) is that although the advertised profit per day is the highest for a while now, anyone mining it would have already noticed that it doesn't really work the way it is supposed to be:

-the best rate is for coinex.pw, and you cannot cash out there for several reasons (coinex.pw is apparently going down and may actually be a scam, there are no "buy" orders right now, and if you look at the history of MOON, very few orders are going on for very little amounts in the past weeks), and note that the sell orders are huge but never fulfilled,

-the actual reason why coinex has this high rate is that it's the minimum rate you can have on their website (which is obviously flawed),

-other sites have rates that are at least 10 times the rate of coinex, which makes the coin less profitable than any other.

Just my 2 cents.

[Bonesoul]

Thanks for the bits.

 

I'm actually aware of coinex.pw problems with moon market and already trying to find a better market to read the price data. All the other exchanges provide a moon/ltc or moon/doge markets and right now our code only supports btc based markets.

 

So I'll be soon implementing ltc based and doge based market data so we can get more accurate pricing data.

 

Thanks for bearing with us

[jytou]

Thanks for the bits.

 

I'm actually aware of coinex.pw problems with moon market and already trying to find a better market to read the price data. All the other exchanges provide a moon/ltc or moon/doge markets and right now our code only supports btc based markets.

 

So I'll be soon implementing ltc based and doge based market data so we can get more accurate pricing data.

 

Thanks for bearing with us

Sounds great, thanks for the feedback.