You do not want to auto switch . This is not the time for me to explain why as I need a lot of time to show the down sides of it.
I'd be mightily interested in your opinion on this subject philipma. If you ever get the time to do this explanation, even if it was just a few general statements, I think we'd all benefit.
I have my own suspicions, plus what I have read others say on this subject... but basically would you say that you are always chasing the tail end of an upswing if you use profit-switching?
yes but carry it forward and pretend it is one of only 2 softwares in the world.
manual 1 until you switch and the switcher.
so I can run an odd coin say zer for 1 week manual get 1000 coins for low cost say .00000111 btc each
or .00111 btc
then list on an exchange at 0.0000555 each and forget it .
switching pretty much does not work as you want a low difficulty coin more then the most profitable coin.
also every switch you make you lose money on the ramp up. and depending on what you were mining some pools kill you for switching off.
Let's take on a specific well known case and pool like Nicehash. If you were to take one rig and mine one specific algo on Nicehash, say ZEC and it does the auto-convert to BTC for you... and you have a second identical rig and let it profit switch on Nicehash... you honestly think that the mining a single algo would come up with more BTC at the end of the day?
I ask, because in the hypothetical scenario I posed above, you will have periods of the day where ZEC will not be as profitable as another algo, and even though you will be chasing the tail end of an upswing on other algos... you would potentially lose a
lot in the ZEC->BTC low conversion rate because you were stuck on it. The tiny bit you would lose in the miner switches should more than make up for the low conversion rate between ZEC->BTC on the single algo rig, I'd think
I think it would be an interesting experiment to try, and I realize that day-to-day the differences between those two test rigs would obviously be different.
I'm going to see what I can do to test these ideas and theories. It may be a little bit before I can get around to it though. I'm going to be moving in the next few weeks.