I am running multiple operations from CPU, GPU and ASIC mining. I use zpool for my ASIC mining so I can get the currency payout I want. The question is, as I watch my wallets on Bittrex and decide on which currency to focus on (ASIC mining only). Should I be mining as price is going up or down in relation to BTC? The logic being, as I hash out sha256 coins, and get paid in one of the 4 cryptos that I want. Does the rising price and the exchange rate from the other currencies being mined result in a higher unit volume?
There is no correlation between the price increase or decrease with btc.
You must know main concern is not on the price but the difficulty of the mining.
The price increase or decrease will not be affecting how many the amount of coin can you generate through mining.
As far as i know if due to the price increase and volume will make the difficulty being increased too.
The unit volume depends on your hashrate power and difficulty of your interested coin.