Quote from: poolwaffle on February 27, 2014, 09:36:38 AM

Quote from: brendandinho on February 27, 2014, 09:19:30 AM

Just a quick question on the mint coin that has been sitting in unexchanged for days. Are we not mining it any more, and is there a problem exchanging it? The price seems quite volatile as well.

Yep, essentially our depth analyzer went a little nuts and got confused seeing it at both cryptsy and coinmarket (the exchanges we trade at), and we mined about 20btc worth (according to last trade prices), and theres about 6btc worth of depth at the two exchanges combined, so I've disabled it for the time being (depth analyzer is fixed). However, as part of our exchange scripts, it saw the price was higher on coinmarket, and sent most of the coins there for exchange, and they've been down for the last couple days testing a new trading engine. So while we do have a request for that amount as a withdrawal from coinmarket --> cryptsy so we can trade it out, its stuck there until they're back up (ideally today or tomorrow).

This was one of my major reservations with dealing with new coins essentially. While coinwarz/whoever will show them as a great mining opportunity, they're really a great mining opportunity for about 5 seconds with our hashrate, and after that, they're back to nothingness for a day or so. Essentially those coins are going to sit there until coinmarket comes back up and processes our withdrawal to cryptsy and can trade them off slowly.

Thanks for the quick and detailed reply. Hopefully this overmining and very short profitability will become less of an issue with maturing multimining algos.