Introducing, "Shared Mining"
https://pool.trademybit.com/faq/#sharedminingShared Mining lets us mine DOGE (and eventually other higher difficulty coins) with our limited hash rate. Since we plan to grow no larger than 1ghash, this was paramount to our profitability!
What is it? Shared Mining is a process we developed (with coordination from multipool.us) to allow us to mine on multipool's doge port when doge is the most profitable coin, using our pools hash rate. Payouts work as normal for us, but instead of paid on blocks, it's paid based on the payouts we get from Multipool.
Why would you want to mine with us instead of Multipool? Well, you know that's your choice. Flound is an outstanding guy, and Multipool is top-notch.. I highly suggest checking them out. But what we offer is the ability to mine the low-difficulty fringe coins when their the most profitable, and now we can also mine the higher-difficulty stable coins and receive consistent payouts.
The round estimates and other information for DOGE haven't been updated on the website yet, but I plan to offer as much transparency as possible with this process (as I try to do with everything we do at TradeMyBit).
Thanks!