Guys,
X11 coins are loosing more and more profitability.
This might change any time soon, but scrypt mining is much more profitable at this very moment........
Please explain what you mean when you say that the coins produced with the algorithm X11 are unprofitable?
Hope you do not mind the fact that x11 algorithm saves 40-60% more energy at the same time the heat is much less compared to the scrypt! This means that to remove the x11 in this summer period is unthinkable. Conversely, in the winter is more cost effective to use a scrypt algorithm for the simple reason that the heat transferred using heating. As someone suggested above, the solution is to add a scrypt, but do not remove x11. Of course this is my opinion, but I hope more people share it, because it would mean many investors, digging with x11 to withdraw.
Greetings!
I'm just thinking loud out options. To see what community wants.. No decision is made yet, and all options are open.
With profitability i meant, x11 hash is about 3-3.5 times higher compared to scrypt, but the profitability per MHs is less then 3x the profitability of scrypt. This does not take heat and electricity into account. Secondly the pool get s percentage of the global sync created. Every algo has its won trading accounts of the different exchanges. Meaning with every algo, i have 4 more exchange account to monitor and do the trades. Shares cannot be converted into another algoShare. That is why we have to do it like this.
Also if 10 SHA256 coins are added, the maintenance time of all those blockchains increase as well. Therfore this is a difficult decision and I'm checking therefore the opinion of the community on how to proceed with the multipool.
Thanks for all feedback sofar, and keep it comming!