Quote from: rdyoung on March 05, 2014, 07:50:31 PM

Quote from: pyra-proxy on March 05, 2014, 05:55:07 PM

Quote from: woodlandmonk on March 05, 2014, 04:42:35 PM

Pyraminng,

With the difficulty of mining BTC going up so much, is there a point at which moving the GPU miners over to some scrypt based altcoin? It seems like it would be much more effective to mine some altcoin and then convert those proceeds to BTC on an exchange than to continue to mine BTC with GPUs.

Pick the top 5 scrypt based coins off of coinwarz and start mining those. Then every few days convert that into BTC on an exchange and distribute that out to everyone. It would be a bit of an effort to code that I imagine, but I bet there are a bunch of us here that would be willing to help with that effort if you gave us the go ahead. Even before the code was done though, the GPUs could start mining the altcoins.

He could even consider using a multi mining pool, some autoconvert and send BTC to a specified address. I suspect that might offer the smoothest integration with the system pyramaning has/had?...

Your name is Pyra-Proxy and you have no idea the system he has running?
Is this still you? Or was your account hacked?

The concept works on fpga's and asics on non-merged mine sha coins.