Quote from: chadwickx16 on June 03, 2014, 08:15:39 PM

Quote from: gfuzz on June 03, 2014, 08:03:37 PM

Quote from: chadwickx16 on June 03, 2014, 07:48:07 PM

Quote from: gfuzz on June 03, 2014, 07:24:04 PM

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? Huh

Makes sense, but it's kind of like predicting the future; because AFAIK those stats are updated once the hour has ended. You could try and chance it by renting a rig after one hour of crazy profitability hoping it would carry forward, like it did from hours 13-14. Or chance it after a long period of abysmal profitability hoping it rebounds. Pretty much find a Unicorn and you'll be fine. Wink

Ahhh, I see. Worth me asking though, otherwise I'd think about it all night. Thanks for the reply chadwick...I sent you a PM

And what a great PM it was! Cheesy

It's kinda like playing roulette.

Thought I'd share
http://photo1.ask.fm/340/595/374/2390003028-1ri8ol7-5n8b431bof5mdia/preview/file.jpg

gfuzz

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