Post
Topic
Board Mining (Altcoins)
Re: [ANN][POOL][PROFIT-SHIFT] Coinshift.com, the first profit-shifting multipool
by
Coinshift
on 25/06/2014, 04:39:22 UTC
It was a good spike. Now we're at 82% LTC.  

I've asked a few times, but not really got a response.. Why aren't we mining LTC 100% like the FAQ says?
18% is a LOT.


We do mine 100% LTC if our hashrate high enough and the other coins drop below 100%. However, even if we're mining another coin that is ~102% vs LTC, due to luck and spacing between blocks we may fluctuate between 97% or 106%, for example.

The more significant drop we saw today was due to Cryptsy's API being down ALL NIGHT. With their API down we have trouble estimating which coins are the most profitable to mine and we ended up not spending our hashrate as efficiently as we would have otherwise.

Honestly I spend about 20% of my time dealing with/working around Cryptsy's problems. Their wallets go down, stop accepting deposits, APIs go in and out and return stale data, etc. Last night I got pretty pissed and called them out publicly on their shit:
https://twitter.com/CoinShift/with_replies

But I doubt that'll help much -- and it's not like we can switch exchanges easily, the other ones just don't have enough volume.