Search content
Sort by
Showing 4 of 4 results by peter18vb6
Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com
Would it be possible develop an alert from CM when we have hourly spikes in profitability? I ask because leasing a rig for extra hash power would make that lease instantly profitable.
For instance, today -June 3rd- CM had brief but enormous spikes in profitability:
http://www.clevermining.com/profits/24-hours
Hour 13 231% profit over litecoin
Hour 14 301% profit over litecoin
If I had known these spikes were happening in almost real time, I could have leased a rig for an hour, and while I wouldn't have had the full % benefit, I would have made some extra BTC. After the spike was gone / lease was up, I would continue hashing away with only my equipment, business as usual. Would this work or is it too volatile? Is the mining/trading of profitable coin only calculable after all transactions are complete?
Does this make sense to anyone else or am I dreaming about flying unicorns again?
I already made a small script that checks the website once an hour and sends me an email with the website to rent rigs if the profitability is high enough For instance, today -June 3rd- CM had brief but enormous spikes in profitability:
http://www.clevermining.com/profits/24-hours
Hour 13 231% profit over litecoin
Hour 14 301% profit over litecoin
If I had known these spikes were happening in almost real time, I could have leased a rig for an hour, and while I wouldn't have had the full % benefit, I would have made some extra BTC. After the spike was gone / lease was up, I would continue hashing away with only my equipment, business as usual. Would this work or is it too volatile? Is the mining/trading of profitable coin only calculable after all transactions are complete?
Does this make sense to anyone else or am I dreaming about flying unicorns again?
I doubt those spikes are even legitment or correct.. And are you 100% sure what your seeing at any given time is what you would be making at that given time? I doubt they are as "Real Time" as you think..
Ofcourse it is not reliable but it is worth checking if anything interesting is going on with the coins. I'm just trying things out as I actually never even seen these spikes lol. This way I can see every spike and maybe get something out of them. Maybe I can figure something out maybe its a waste of time but I'm willing to throw away 30 minutes and atleast try.
Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com
Would it be possible develop an alert from CM when we have hourly spikes in profitability? I ask because leasing a rig for extra hash power would make that lease instantly profitable.
For instance, today -June 3rd- CM had brief but enormous spikes in profitability:
http://www.clevermining.com/profits/24-hours
Hour 13 231% profit over litecoin
Hour 14 301% profit over litecoin
If I had known these spikes were happening in almost real time, I could have leased a rig for an hour, and while I wouldn't have had the full % benefit, I would have made some extra BTC. After the spike was gone / lease was up, I would continue hashing away with only my equipment, business as usual. Would this work or is it too volatile? Is the mining/trading of profitable coin only calculable after all transactions are complete?
Does this make sense to anyone else or am I dreaming about flying unicorns again?
I already made a small script that checks the website once an hour and sends me an email with the website to rent rigs if the profitability is high enough For instance, today -June 3rd- CM had brief but enormous spikes in profitability:
http://www.clevermining.com/profits/24-hours
Hour 13 231% profit over litecoin
Hour 14 301% profit over litecoin
If I had known these spikes were happening in almost real time, I could have leased a rig for an hour, and while I wouldn't have had the full % benefit, I would have made some extra BTC. After the spike was gone / lease was up, I would continue hashing away with only my equipment, business as usual. Would this work or is it too volatile? Is the mining/trading of profitable coin only calculable after all transactions are complete?
Does this make sense to anyone else or am I dreaming about flying unicorns again?
Re: [ANN][MINT]Mintcoin, Energy Saving Coin With a Fast Distribution *15 Exchanges
Can someone explain to me what will happen when the pure PoS is going to happen? I understand the idea I'm wondering about the state of the coin.
With no mining the only way to start minting is by trading which imo would drastacly reduce the coin growth. On top of that everyone would save their coins, none spending which means it will be less likely to see people adding mint to their services. Or am I wrong?
With no mining the only way to start minting is by trading which imo would drastacly reduce the coin growth. On top of that everyone would save their coins, none spending which means it will be less likely to see people adding mint to their services. Or am I wrong?
Look at bitcoin and that will answer your question.
Bitcoin is a totally different story. It was the first coin that didnt need to compete with 1000's of shitcoins and is not a PoS coin so I dont see the answer there... A better comparison would be NXT...
Re: [ANN][MINT]Mintcoin, Energy Saving Coin With a Fast Distribution *15 Exchanges
Can someone explain to me what will happen when the pure PoS is going to happen? I understand the idea I'm wondering about the state of the coin.
With no mining the only way to start minting is by trading which imo would drastacly reduce the coin growth. On top of that everyone would save their coins, none spending which means it will be less likely to see people adding mint to their services. Or am I wrong?
With no mining the only way to start minting is by trading which imo would drastacly reduce the coin growth. On top of that everyone would save their coins, none spending which means it will be less likely to see people adding mint to their services. Or am I wrong?