Quote from: David Latapie on November 07, 2014, 04:40:56 PM

Quote from: iantunc on November 07, 2014, 04:25:06 PM

Quote from: CrazyLoaf on November 07, 2014, 04:13:45 PM

Quote from: David Latapie on November 07, 2014, 04:11:02 PM

Quote from: iantunc on November 07, 2014, 04:03:48 PM

Quote from: David Latapie on November 07, 2014, 03:24:19 PM

Phase III - nitropool (Progressive Retaliation II)
If it is not enough, then we "go nitro". This means using some of BTC accumulated by HyperShield (donation, eaten buy walls...) to buy hashing power at nicehash. The multipool mines like crazy(loaf), much like a car with nitromethane. And I like the imagery more than "steroids"

Very good plan, as always, but why do we need a phase of Nicehash&Multipool chain? It's essentially the same as to place a buy wall directly but with the much smaller coefficient of efficiency. A part of a hash power fund will dissipate into thin air because of pools lags. It means that for every BTC spent we will absorb less HYP. Let's use Occam's Razor.

CrazyLoaf is the one who argued the opposite, that nice hash would be more efficient than buy wall. So I expect CrazyLoaf to reply here

You would monitor NiceHash (since it has the most hash in the most algos available) to see if some had fallen to the point where you could "arbitrage" into HYP at a lower cost. Of course, this also depends on what coins are mineable atm. If there's not an arbitrage opportunity available, better to just spend direct BTC to buy HYP and/or create buy support.

You are right, but it's important not to lose focus on the whole chain. A HYPothetical profit from a mining arbitrage can be completely eaten by a multipool, as the performance of this technology remains arguable to date, imho

Alright, so it seems I should update the plan, right? Can you propose an rewriting, any of you?

There is also one thing we can consider. What if we will hold BTC airbag in the form of a portfolio of staking assets?