Quote from: madian on July 10, 2014, 08:17:11 PM

Quote from: atomicchaos on July 10, 2014, 08:09:15 PM

Quote from: utahjohn on July 10, 2014, 04:11:00 PM

OK I am seeing payouts on Judgecoin, unofficial "Greenlight" on X13

Meanwhile X11 is more profitable at the moment.

Side calculus, I assume that for your farm of (if I understood correctly) mainly 280x you have a ~6x scrypt factor for x11 and a ~4x scrypt for x13 like I have with my 290s. Basically, since WP marks them as 4x and 3.5x, the vsLTC has to be at least 30% higher for x13 over x11 to be worth mining.

Coupling this with the fact that the reported BTC/MHd or the vsLTC figure are at least 12 hours old it becomes difficult to anticipate the moment we need to switch algo. For example, now it feels like the X13 is more profitable since the profit is rising while on X11 it's falling and since what we mine now gets converted at a later time I think basing our switch on trends and not fixed actual numbers might be better.

i posted this proposal back on July 2nd but no one replied: Here is link and copy of what i proposed :

https://bitcointalk.org/index.php?topic=674336.msg7638816#msg7638816

The proposal: More transparency from all mining most profit mining pools on what the most profitable coin is and what it was worth at time of being most profitable and then what said coin exchanged for before getting distributed to the miners.

Example: (using USD in this example but really any format would work too)

PRICE/BTC=at time of being MOST profitable
EXCHANGED/BTC=price when exchanged

COIN PRICE/BTC EXCHANGED/BTC AMOUNT BTC CONVERSION
abccoin 0.00218000 0.00293901 0.00081916 0.00000028

This would be a win for all involved:

1)For any current miner of said pool, more transparency is always desired and would reduce many questions regarding earnings and most profitable from miner to pool operator.

2)For any new miner just starting out in the coin adventure or new miners to said pool.This would also reduce questions regarding earnings and most profitable but also would let new miner know that mining most profitable at that time is not always the most profitable upon earnings distribution.This is often misleading and often causes confusion and questions raised.

3)For pool operators or managers as there would be reduced questions often asked repeatably by new and current miners.And while it would require work to set up initially , in the long run it would free up time for operator or manager to maintenance or add enhancements to the pool.

4)For everyone to be able to view pool and know not only what is mined most profitable but price it was when most profitable and what price it ended up when exchanged. If any shady business going on, it will more likely to spot early on. Will also assist in what coins just pump and dump or which coins are just plain out scam coins.

The whole purpose of these coins are to have a meaningful long term history and not just popup and leave.And yes i know many love pumps and dumps and make much profit in doing so,Everyone loves making a buck or bucks, but does no long term good for the overall coin atmosphere and environment.

What does everyone think about this proposal? Would love to hear from miners,pool operators and even coin developers and who ever else would love to chime in.

Thanks.