Post
Topic
Board Pools (Altcoins)
Re: [POOL] Mining Dutch ( SCRYPT, X11, SHA256 + MULTIPORT + BTC Convertion)
by
cryptofarmer
on 17/01/2019, 01:20:15 UTC
   Dear Devs,

 I am a newcomer to crypto-currencies and I have four questions to ask:

1) The Auto-Payout column is in:
 a) Mined coins,
 b) Equivalent bitcoins,
 c) Equivalent fiat money?


2) Autoconverted coins have greyed-out "Auto-Payout" and "Wallet Address" columns obviously because they are not paid-out to a wallet but converted to another coin (DASH in my case).
Yet, some coins (ICASH, LOOK) DO NOT have "Auto-Payout" and "Wallet Address" greyed-out despite having me having selected them to Autoconvert to DASH like almost every other coin.


3) In your multiport info it reads:
"The Multiport checks all profitability every 20 seconds, and then switch to the most profitable coin immediately, It does not wait for a block to be found, It just goes for the profit immediately."

Isn't that wasteful? Say the pool is ALMOST DONE solving a block of DASH (95% completed)!
Just then a coin switch occurs!, which means ALL THIS work goes down the drain!
Shouldn't the pool wait for the block to finish since in all probability the solution is really close and the block reward will more than compensate the lower profitability?


4) Isn't the PROP system that you use, vulnerable to pool hopping?


Thank you for your time,
---
Theo


1. the auto payout column is in mined oins.
2. These coins then cannot be traded anywhere, therefore we leave them free to withdraw
3.  There is no "almost done" state in mining, you either got the solution, or you don't.
So not wasteful, we have made some changes in our switching algorithms, that makes the switch more smooth / less rejects.
4. A bid yes, that's why we do not accept nicehash at this moment. smaller hoppers don't harm us much ( at all )