Re: [ANN][POOL] Mining Pool Hub - Multipool. Multialgo, Auto Exchange to any coin.

I have the same question

Quote from: migdilu on January 23, 2018, 03:18:51 AM

Hi, first sorry for the question, i'm sure a lot of people asked it before but i can't found it with a nice explanation.

Sometimes algos like Skein are very profitable for 5-10 minutes, it's worth mining that time?
Is it profitable because the price of the coin is going up or because of coin difficulty changing? If that's the case, until the coin get auto exchanged it will drop the value again probably and it will not be very profitable right?.

Thanks in advance!

Could be:

1. Diff drops a lot for some time (all algorithms jumps in after some delay, as you said 10 min)
2. Price climbs up for some time (and same here, all algorithms jumps in)
3. Combination of that

Thanks a lot for the answer!

So just in the case of 1 or 3 should be profitable right?, because in 2 the price will drop so until the money get auto exchanged it will go down again, i'm right?

Yes, if you are the first to jump in the diff dip train you will get some easy coins, but probably you will loose more by jumping 2-3 times to different coins and probably loosing some shares.