Post
Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
Cryptos2go
on 29/07/2013, 07:33:33 UTC
I've had my farm hashing on this pool almost 4 days now. If i add all 4 columns (immature unexchanged, unexchanged, balance and paid) I am looking at a 14% gain versus mining LTC over the same time period, and that is with 10% rejects. I plan to stay but hope efficiency can be improved somehow.

Yup, same for Multipool.in

Both pools are bombing coins with high hashrates, pushing them up to high diff for what? 0.14x extra gain? Yup...
It makes no sense.

Mine a coin, stick to it, promote it, make more than 0.14x extra.

Pretty sure I remember reading a thread on the FTC forum about auto switching pools throwing a bunch of hash @ FTC during one of the 51% attacks, effectively halting the attack?

Many of us "coin bombers" probably already hold UNOCS coins, mined on dedicated pools, myself included. The current situation, to some extent, is the result of broken promises, missed deadlines, market manipulation and in some cases, flat out lies. There may well be legitimate reasons for the former, though it does not preclude the reality that drives profit seeking.

If we are dumping an undervalued coin @ or near spot it should present opportunity.

You need to understand that I can and do appreciate legitimate attempts at innovation and have supported them to the extent I can afford when I feel they are deserving, however there are limits to my philanthropy, risk acceptance and naivete.

"Ask not what can the miners can do for you, ask what can you do for the miners.." The FTC POS app being used at the recent pub event would be an example of this and I believe its being reflected in the recent FTC price trend. Keep up the good work.