Quote from: geocurt on January 10, 2014, 04:50:06 PM

Quote from: mikeybit on January 10, 2014, 04:40:16 PM

Quote from: geocurt on January 10, 2014, 04:36:00 PM

Quote from: fahayek on January 10, 2014, 04:26:26 PM

Quote from: geocurt on January 10, 2014, 03:59:27 PM

Quote from: Diamonds13 on January 10, 2014, 01:20:03 PM

Any update on the BTC/Mh/Day ?

Honestly it's a bit soon to tell - the profit switching algorithm just got implemented a day ago. I will say it's looking much better today than the first two days I mined.

We are constantly working to improve the profit switching algorithm, as we gather more data. We appreciate your feedback. If you think the algo is sucking, let us know!

That's why you have my hash :-)

I don't think it's sucking, but right now I honestly won't say it's great either. My benchmark is around .01 btc/1Mhs/day - so I'm looking for about .04 btc/day on my 4.2ish Mhs farm. That's about .00167 btc per hour.

Last night I pointed all my hash at Lottocoin and woke up with about .017 btc or around .0015 per hour. 9am EST I pointed everything at hashbros and I have 0.00374914 BTC at this moment, and there was about .001 estimated balance there when I started. So that's .0027 btc over 2.5 hours, or about .001 btc/hr which is about 33% below what I am aiming for.

Having said all that - middlecoin always showed shit results for awhile and then the balance just kind of exploded, so it may be the same here. Maybe after 24 hours I will get on a steady cycle of maturing coins and see the results I'm looking for - also you'll be adding coins and improving your algorithm over time.

Another point - altcoin profitability sucks across the board right now.

So, I see great improvement over the first 48 hours, and I'm hoping for further improvement.

You can't examine results with that fine of granularity. There's a certain "luck" aspect involved in mining so you're going to have variance in your payouts. I think the ABSOLUTE minimum timeframe you can examine is 48 hours; even that might be too small to compare apples to apples.

I take your point, but it hasn't been my experience. If I point to WDC, LOT, or PXC and just let me machines run, I get a really steady return. Like I said, I understand profit switching works differently and middlecoin would often look like a dumpster fire all day only to have a great payout the next morning.

Mikeybit, I agree to an extent. The best we can do is try to make the best decision taking what's given. Right now we are operating almost as if %-change in price is random, and do not try to make predictions. We can however improve our decisions by looking at volume. As we increase our hash power, making predictions will be less important because we will be able to mine faster.

Geocurt, you're right. You can definitely use data to select the N most profitable coins. It is just a matter of picking the best one!

fahayek

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