Post
Topic
Board Mining (Altcoins)
Re: [OS] nvOC easy-to-use Linux Nvidia Mining v0019-1.3
by
MentalNomad
on 14/10/2017, 20:32:25 UTC

Like I said before, I was very much interested in mining the highest difficulty drop coins based on WTM (purely based on difficulty drop not the profit), so I had that smartMiner, but when looking into the new ANN pages, I have seen lot of upcoming potential coins (can't see them in the json)


I think the strategy of mining alt-altcoins and then holding until they gain some traction has a lot of merit. Sure, you collect a bunch of losers, but a small number of big winners should rule the roost.

Important note, though: many alt-alt-coins get started before they are listed on an exchange, right? If that's the case, you'll never see them on a site like WTM, which pulls pricing from exchanges! If so, we must choose to mine them directly, and without a price reference. A large number of coins is the reward for supporting a project before everyone knows it has succeeded.

For recently-listed altcoins on exchanges, we also have the option of simply trading into them on the exchanges, which is probably quicker and easier than adding support from them in nvOC. Quite honestly, as time goes by, many of those coins will become deprecated garbage in 1bash... it's a bit inevitable, so it doesn't make a lot of sense to build the ecosystem around them. So adding these alt-altcoins, especially those that aren't listed on exchanges, seems like a waste of effort and the creation of future bloat.

Perhaps this is a good case for a "sidebash..." a file just for short-term speculative coin inclusion. Coins could be dated on entry, and after 90 or 180 days or something, a coin gets migrated into 1bash as a going concern, or gets dropped as a pointless coin.