Quote from: dargolf on January 11, 2014, 06:11:18 PM

Quote from: Vanderi on January 10, 2014, 03:51:47 PM

People are buying SHA-256 miners to mine other coins instead of btc. DEM, for instance was hot awhile ago and those mining it instead ROId fast as hell.

The payouts also are starting to get a bit smaller for us.

Optimally, we would at some point switch over to some (preferably) automated pool, mining altcoins for a higher gain than btc, which we really could keep doing for long after btc has dissappeared on the ASIC 20nm horizon.

What does the group think about this? What does Pido think? Does someone have deeper knowledge on this?
I only know Multipool takes SHA-256 -capacity and pays in alts, and that's it. Personally, I use middlecoin for my private small scrypt farm, but it is exclusively for scrypt mining.

Really, the alts will prosper along with btc in the 'Money 2.0' landscape. We might have the capacity to participate in even more profitable undertakings than now? Does someone know more? Maybe about pools or altcoins, automated exchanges like som pools use?

Speak up.

Generally I agree with the Altcoin aspects, though most of the profitable altcoins (e.g. dogecoin) are scrypt based and most of the time other SHA-256 based coins are less profitable than bitcoin. Merged/Parallel mining is an option of course.

Also, it's not a good idea to sell Namecoins blindly, as they have raised in value more than 10 fold in the last few months. We should either keep them or sell them when the value is high (ATH is around 15$ IIRC, the current price is 6-7$).

You need to define "we", we need to know who would be up for it. Pido? Also I'd like more opinions on the matters I presented, not just on how to sell one altcoin. With 2.8TH/s, our capacity and resources still matter to a great extent for a myriad of opportunities.