Are you guys setup to predict the value of the next block for the various variable reward coins, yet? (e.g. dogecoin, lottocoin)
Waiting for that before I give HashBros a try again, because calculating profitability based on average dogecoin reward make absolutely no sense at all.
We don't but we will in the future when it matters. Right now we don't mine doge or lotto because of diff. The estimated time to block time has to be less than 5 mins for us to even look at it.
I don't understand this logic. Are you just trying to decrease variability? The most profitable thing to mine is the most profitable thing to mine. high diff increase your variance, but not your profits over time.
This is my point of view too, I go with overall profitability over variance avoidance. Yes we could be unlucky and not hit a doge or lotto block in which case the mh/day would be lower, but our expected mh/day would be higher, regardless of the variance. Hell it could go the other way and we could be lucky straight out the bat.
But i think what matters it the Emh/day (expected megahash per day) regardless of the variance involved (even with high diff coins).
I think the idea of multicoin mining is the maximise our expected payout. By joining a pool we also lower our variance comparatively to just multicoin mining by ourselves.
Dont think its just about more consistent payouts, but more consistent
higher payouts which is what happens when you mine the highest profitability coin (be it doge lotto annon franko) regardless of difficulty (in the long run, or short run the variance evens out).