There are a ton of round that say 0 blocks found right now, according to the tracker.
The dev response sounds like this happens fairly often. It should almost never happen.
Just providing the math as to why its almost always pointless to change mid-block.
Wrong, just plain wrong.
It is most profitable in the long run to always mine the most profitable coin. Variance will always even out in the long run, you just need to understand probability. Start by reading this thread from the beginning and also the multipool.us thread where it has been addresses many times before.
Call me wrong and provide no math. Really? I have a masters degree in statistics. I'm pretty sure I understand probability.
I just proved decisively why it's wrong. Are you daft? If you don't understand the math, don't spout nonsense out of your mouth.
It is more profitable to mine the most profitable coin, but you
absolutely have to take into consideration how long each block takes. If you swap around mining and never mine a block because you switch before you have the chance you will make zero dollars because you
never mine any coins. Yes, as your pool has a greater overall hashing rate this becomes less important as you will find blocks relatively rapidly, but for some of these coins the time per block is hours even for a pool of this size. If you are swapping between them the moment one is more profitable and not taking into consideration the time invested into a block, you are just wasting your time.
You know what, because you don't understand, let me give you an example that's easy enough for anyone to grasp.
Imagine it takes 10 years to mine a single block for every coin out there. You get no coins until you mine a block - I imagine you understand this. Trading is going to make coins more profitable then others during different times of the day. If you even switch only once per day, you will never, ever, receive any coins. Period. Because the chance of mining a 10 year long block in a single day is essentially zero. So over 10 years, if you switch every day, you will make $0. Alternatively, if you stick with one coin, even the least profitable, your profits will be greater than zero. Understand now? You need to use a formula (like the one I proposed) to take into consideration the time you spent on a block and the
average time to mine a block (remember that portion about probability? there's a reason I chose average, and used standard deviations and they happen to be related directly to probability and if you had taken introductory statistics, you would know this) as well as the average time to mine a block of the more profitable coin in order to make a good decision on whether you should change coins. It's only profitable relative to time, and if you already invested a lot of time in a coin and have yielded no blocks, the additional time often has a higher profitability than the time that could be spent on another coin.
