Quote from: Zaffor on January 30, 2018, 05:40:50 AM

Quote from: puwaha on January 30, 2018, 05:27:28 AM

Quote from: Zaffor on January 30, 2018, 05:06:48 AM

Kindof lost me here, whats the difference between a pool group and MPH or Zpool? I thought these were "pool groups"

A pool group is a set of pools. They can consist of different algos, or a bunch of pools for one coin (or both)... that part is up to you. Online Services MPH and Zpool is a single pool with multiple algos/coins.

With a pool group, you can setup your own pseudo-online service, and use profit switching based on the Coins tab... which is whattomine's data. Whereas with an Online Service, you will use their data.

For me, I have pool groups with maybe the top 5 coins that I really like to mine. On another pool group I will have a bunch of pools that mine the same coin. Some of the pools I mine to are dodgy, so if they are offline, AM will go to the next one.

So you just keep the coins or trade/shift them yourself through cryptopia or what not?
I think I follow you now
Thanks

Exactly. There are tons of different strategies out there. For me, I usually mine a few speculation coins for a week, then "profitable" coins for about 2 weeks, then finally my favorite coins for a week. I like to diversify my strategies.

When coins are on a downswing in exchange rate, the difficulty usually follows. For me, that's when I mine some of those "profitable" coins. If it's not a total crap coin, it will eventually go back up. If not, then I cut bait and find another one.

If you dig around enough and hold, you'll find some winners. If you sell them all for "profit" as soon as you mine them, you could be dumping what could be a winner later on. Speculation coins are fun, you never know how they turn out, and you can typically get a giant pile of them in no time.