Post
Topic
Board Pools (Altcoins)
Re: [ANN][POOL] Profit switching pool - wafflepool.com
by
poolwaffle
on 09/03/2014, 10:59:32 UTC
Hey guys,

I'd like to re-enabled Auroracoin, as its decently profitable at times.  However, since it is _such_ a long maturation time (from mined block to exchanged of about 17-18 hours), we expose ourselves to a decent bit of risk when mining it.

The easy solution is to allow it to be mined, but to limit exposure by only allowing a percent of our outstanding coins to be auroracoin.  Looking for input on what that percent should be? 5%? 10%?

The way it would be handled is mining AUR would be enabled if AUR unexchanged balance was less than X% of our total unexchanged.  If we picked 10%, and had 30btc (estimated) unexchanged, we would allow mining up to 3btc of AUR before disabling it.  As those blocks matured/exchanged, it would open up mining again automatically.

Thoughts?