What is driving the price down is lack of buy orders.... Thinking about switching my miners and buying on exchange to help give some support.
i was thinking about switching my miners to some other coin, then buying noble with the proceeds.
any suggestions as to which would be a one to use?
since all i have at the moment is noble, it's kinda hard to buy noble with noble
I'm about to do this also and I might suggest mining Doge since it has probably the most stable market at the moment thanks to the volume. Doge is also one of the most profitable coins at coinwarz. Another plan would be set the miners to multipool.us that gives the most profitable coin in real time but you have to check and sell multiple times during the day to get the most of it.
So yes I'd say that Doge might be the best coin for this.
at that difficulty rate i won't be able to offer much... speaking of that... if this is to be a truly altruistic venture, it would probably be in all of our best interest to establish a community wallet in which all of the proceeds are deposited to, that is controlled by a trust worthy party. and if we can agree on that, due to the track recored that is already established i would like to nominate rofo for that honor.
if we can establish that ( whether it is rofo or another honorable party) then i'm all in.