Post
Topic
Board Mining (Altcoins)
Re: [ANN][POOL][PROFIT-SHIFT] Coinshift.com, the first profit-shifting multipool
by
Coinshift
on 01/04/2014, 06:26:29 UTC
https://twitter.com/CoinShift/status/449633979314868224

"We _finally_ exchanged the AUR, but for way less than we expected when we mined it. Felt terrible so we doubled it out of our own pockets."


That is really nice of you guys! I didn't see a post about it here, so thought people should know. Cheesy
Thanks for relaying that. It was a huge bummer -- fortunately AUR has hit their hard-fork which halves the block time (and maturity time) in addition to adding a better difficulty adjustment algorithm. Hopefully we'll see that coin get much healthier over the next couple of weeks and we can re-enable it.


Two questions:

1 - Will that come in a separate payment or get rolled into our normal ones? It will be hard to tell either way.

2 - Can we add LTC to the rotation? Since we compare against it as a benchmark it would make sense to incorporate it into the algorithm so that in the event alt coins are doing really bad, we can supplement it with LTC. If the Coinshift algorithm is smart enough it should be able to do this and keep things balanced. Smiley
It was rolled in to your normal one -- if you mined some of the AUR you should have seen a sharp jump in your balance.
LTC is in the rotation, but only if we hit a certain hashrate threshold. The problem we have with LTC is that our hashrate isn't quite high enough to mine it without luck being a significant factor. We had a period of bad luck while mining LTC that dropped our BTC/MH below the LTC line, which drops our hashrate even more and the problem compounds! However, things have definitely stabilized recently and our hashrate is doing pretty well.