One of the next major features I'd like to work on (although it is a very large codebase change) is optional payouts in the coins that we mine. Essentially you'd be able to "register" (sign a message from your btc account) an altcoin address, and those addresses would get paid mined coins (before exchange), and any leftover balance would be exchanged. So essentially, depending on the coins we've mined, you might get back 50% in that coin, and 50% in btc, and the next day a different amount (depending on how much was mined).
It has a bunch of benefits for everyone, we can avoid the exchange (fees), can avoid pushing down the market a bit (not selling those coins), and people get to hold coins they want to hold (optional). Its a win-win, its just a lot of code
It has a bunch of benefits for everyone, we can avoid the exchange (fees), can avoid pushing down the market a bit (not selling those coins), and people get to hold coins they want to hold (optional). Its a win-win, its just a lot of code
PW, you should elaborate this 'other coins' feature more:
- would it be possible to be paid in LTC instead of BTC - I mean some cryptos are traded for LTC also (Cryptsy)?
- payout could be in mined coins - BUT you should indicate at what price level should these cryptos be sold off - in order to maintain profitability
I mean - the point is not that I hold coins - as I have to pay some expenses. The point is - that if you pay me in native coins - then I have more chance to sell off coins in a week or so.
Also, coins must be paid out ASAP they are mature.