[ANN][Pool][Profit-Switch][Optional Auto-Exchange per Coin][Vardiff] ~ Hashcows

[jimmothy]

Does anybody know why most alt exchange rates are going down the last week or so. While btc is on a steady rise.

Ive been adding more hashpower every few days, mostly upgrading gpus.
the more hashpower i add, the lower btc payouts get it seems. The total hashes displayed at the login screen does grow as aspected, so my workers do register at the site.

Am i the only one experiencing this or is the market just so depressing atm.

I haven't really noticed any major decline in profitability. More hashrate should equal more btc but luck is also part of the equation.

[kalus]

Does anybody know why most alt exchange rates are going down the last week or so. While btc is on a steady rise.

Ive been adding more hashpower every few days, mostly upgrading gpus.
the more hashpower i add, the lower btc payouts get it seems. The total hashes displayed at the login screen does grow as aspected, so my workers do register at the site.

Am i the only one experiencing this or is the market just so depressing atm.

lower BTC number, but higher BTC value.  same dollars.  it's not like we have a lot of new money coming in like back in summer 2013; we're just shuffling existing money around. 

[StephenP]

Coin switching pools are just speeding up a process that would have already occurred. 

This. Very much this.

[nlsupernova]

Does anybody know why most alt exchange rates are going down the last week or so. While btc is on a steady rise.

Ive been adding more hashpower every few days, mostly upgrading gpus.
the more hashpower i add, the lower btc payouts get it seems. The total hashes displayed at the login screen does grow as aspected, so my workers do register at the site.

Am i the only one experiencing this or is the market just so depressing atm.

lower BTC number, but higher BTC value.  same dollars.  it's not like we have a lot of new money coming in like back in summer 2013; we're just shuffling existing money around. 

Yeah i understand that the rise in btc value compensates. But its still weird that most altcoins show declining value against btc while btc rises. That schould mean everybody is dumping alts and trade them for btc or fiat. People are losing confidence or something. Easy enough.

But why is btc on the rise, thats what confuses me.

And for the hashrate profitability. I guess we had a good month in december. So returning back to normal will always look like things are going to look bad in comparison. But 0.016btc for 3,5 mhs isnt much (my payment for yesterday), no matter how you look at it. A few days ago i did 0,029 with little over 2 mhs.

Just seems weird.

[socket]

Does anybody know why most alt exchange rates are going down the last week or so. While btc is on a steady rise.

Ive been adding more hashpower every few days, mostly upgrading gpus.
the more hashpower i add, the lower btc payouts get it seems. The total hashes displayed at the login screen does grow as aspected, so my workers do register at the site.

Am i the only one experiencing this or is the market just so depressing atm.

lower BTC number, but higher BTC value.  same dollars.  it's not like we have a lot of new money coming in like back in summer 2013; we're just shuffling existing money around. 

Yeah i understand that the rise in btc value compensates. But its still weird that most altcoins show declining value against btc while btc rises. That schould mean everybody is dumping alts and trade them for btc or fiat. People are losing confidence or something. Easy enough.

But why is btc on the rise, thats what confuses me.

And for the hashrate profitability. I guess we had a good month in december. So returning back to normal will always look like things are going to look bad in comparison. But 0.016btc for 3,5 mhs isnt much (my payment for yesterday), no matter how you look at it. A few days ago i did 0,029 with little over 2 mhs.

Just seems weird.

It's hard to find any logic in altcoin markets.  But when you see a overall theme it's good to pay attention.  I've notice the money flowing out of altcoins too... and it's a bit disconcerting, but also not at the same time.  I think we're just seeing a bit of consolidation in the markets... it happens in real equity markets too.  So, seeing it happen in alts shouldn't be a huge concern.  The ecosystem needs to prune out some of the weak branches and this might be the time.

[jedimstr]

Does anybody know why most alt exchange rates are going down the last week or so. While btc is on a steady rise.

Ive been adding more hashpower every few days, mostly upgrading gpus.
the more hashpower i add, the lower btc payouts get it seems. The total hashes displayed at the login screen does grow as aspected, so my workers do register at the site.

Am i the only one experiencing this or is the market just so depressing atm.

lower BTC number, but higher BTC value.  same dollars.  it's not like we have a lot of new money coming in like back in summer 2013; we're just shuffling existing money around.  

Yeah i understand that the rise in btc value compensates. But its still weird that most altcoins show declining value against btc while btc rises. That schould mean everybody is dumping alts and trade them for btc or fiat. People are losing confidence or something. Easy enough.

But why is btc on the rise, thats what confuses me.

And for the hashrate profitability. I guess we had a good month in december. So returning back to normal will always look like things are going to look bad in comparison. But 0.016btc for 3,5 mhs isnt much (my payment for yesterday), no matter how you look at it. A few days ago i did 0,029 with little over 2 mhs.

Just seems weird.

BTC's rise is a pretty easy one to explain with the various news bits over the last few days including:
1. A US Senator stumping for BTC (and donations) giving it a bit more legitimacy to the mainstream.
2. Zynga "experimenting" with taking BTC for in-app purchases lending another note of legitimacy.
3. The biggest rise came after the rumors of Netflix thinking of jumping on the Bitcoin bandwagon for subscription payments and/or on-demand video rentals.  Source of this one came from the same journalist that leaked/broke the Zynga news so he's got a trustworthy recent track record.

[socket]

Does anybody know why most alt exchange rates are going down the last week or so. While btc is on a steady rise.

Ive been adding more hashpower every few days, mostly upgrading gpus.
the more hashpower i add, the lower btc payouts get it seems. The total hashes displayed at the login screen does grow as aspected, so my workers do register at the site.

Am i the only one experiencing this or is the market just so depressing atm.

lower BTC number, but higher BTC value.  same dollars.  it's not like we have a lot of new money coming in like back in summer 2013; we're just shuffling existing money around.  

Yeah i understand that the rise in btc value compensates. But its still weird that most altcoins show declining value against btc while btc rises. That schould mean everybody is dumping alts and trade them for btc or fiat. People are losing confidence or something. Easy enough.

But why is btc on the rise, thats what confuses me.

And for the hashrate profitability. I guess we had a good month in december. So returning back to normal will always look like things are going to look bad in comparison. But 0.016btc for 3,5 mhs isnt much (my payment for yesterday), no matter how you look at it. A few days ago i did 0,029 with little over 2 mhs.

Just seems weird.

BTC's rise is a pretty easy one to explain with the various news bits over the last few days including:
1. A US Senator stumping for BTC (and donations) giving it a bit more legitimacy to the mainstream.
2. Zynga "experimenting" with taking BTC for in-app purchases lending another note of legitimacy.
3. The biggest rise came after the rumors of Netflix thinking of jumping on the Bitcoin bandwagon for subscription payments and/or on-demand video rentals.  Source of this one came from the same journalist that leaked/broke the Zynga news so he's got a trustworthy recent track record.

The second Netflix offers Bitcoin as a payment method I'm on board.  I'm going to shop at Overstock for the first time in many years if they actually make good on their promise to start accepting Bitcoin.  If Amazon did it I would pretty much be able to buy everything but groceries with crypto-currency.  My feeling is that 2014 is going to be a great year for us.

[nlsupernova]

Does anybody know why most alt exchange rates are going down the last week or so. While btc is on a steady rise.

Ive been adding more hashpower every few days, mostly upgrading gpus.
the more hashpower i add, the lower btc payouts get it seems. The total hashes displayed at the login screen does grow as aspected, so my workers do register at the site.

Am i the only one experiencing this or is the market just so depressing atm.

lower BTC number, but higher BTC value.  same dollars.  it's not like we have a lot of new money coming in like back in summer 2013; we're just shuffling existing money around.  

Yeah i understand that the rise in btc value compensates. But its still weird that most altcoins show declining value against btc while btc rises. That schould mean everybody is dumping alts and trade them for btc or fiat. People are losing confidence or something. Easy enough.

But why is btc on the rise, thats what confuses me.

And for the hashrate profitability. I guess we had a good month in december. So returning back to normal will always look like things are going to look bad in comparison. But 0.016btc for 3,5 mhs isnt much (my payment for yesterday), no matter how you look at it. A few days ago i did 0,029 with little over 2 mhs.

Just seems weird.

BTC's rise is a pretty easy one to explain with the various news bits over the last few days including:
1. A US Senator stumping for BTC (and donations) giving it a bit more legitimacy to the mainstream.
2. Zynga "experimenting" with taking BTC for in-app purchases lending another note of legitimacy.
3. The biggest rise came after the rumors of Netflix thinking of jumping on the Bitcoin bandwagon for subscription payments and/or on-demand video rentals.  Source of this one came from the same journalist that leaked/broke the Zynga news so he's got a trustworthy recent track record.

But that doesnt explain why the alts are going down. They should stay at the same price against btc. Exchange rate of alt to btc is independent of btc to fiat.

Probably there are just to many alts and the market just isnt big enough. Just sucks for me this has to happen at the moment im upgrading lol.
Wasnt expecting this lol.

[socket]

Does anybody know why most alt exchange rates are going down the last week or so. While btc is on a steady rise.

Ive been adding more hashpower every few days, mostly upgrading gpus.
the more hashpower i add, the lower btc payouts get it seems. The total hashes displayed at the login screen does grow as aspected, so my workers do register at the site.

Am i the only one experiencing this or is the market just so depressing atm.

lower BTC number, but higher BTC value.  same dollars.  it's not like we have a lot of new money coming in like back in summer 2013; we're just shuffling existing money around.  

Yeah i understand that the rise in btc value compensates. But its still weird that most altcoins show declining value against btc while btc rises. That schould mean everybody is dumping alts and trade them for btc or fiat. People are losing confidence or something. Easy enough.

But why is btc on the rise, thats what confuses me.

And for the hashrate profitability. I guess we had a good month in december. So returning back to normal will always look like things are going to look bad in comparison. But 0.016btc for 3,5 mhs isnt much (my payment for yesterday), no matter how you look at it. A few days ago i did 0,029 with little over 2 mhs.

Just seems weird.

BTC's rise is a pretty easy one to explain with the various news bits over the last few days including:
1. A US Senator stumping for BTC (and donations) giving it a bit more legitimacy to the mainstream.
2. Zynga "experimenting" with taking BTC for in-app purchases lending another note of legitimacy.
3. The biggest rise came after the rumors of Netflix thinking of jumping on the Bitcoin bandwagon for subscription payments and/or on-demand video rentals.  Source of this one came from the same journalist that leaked/broke the Zynga news so he's got a trustworthy recent track record.

But that doesnt explain why the alts are going down. They should stay at the same price against btc. Exchange rate of alt to btc is independent of btc to fiat.

Probably there are just to many alts and the market just isnt big enough. Just sucks for me this has to happen at the moment im upgrading lol.
Wasnt expecting this lol.

Again, it's quite simple why alts are going down in general.  It's called consolidation.  This is a healthy process that helps weed out the weak coins and keeps the ecosystem strong.  We'll see a time when more money rushes into alts.. but it's anybody guess when that might occur.

[Catswold]

The value of alts may roughly track btc values, but they're not actually related.  As confidence in the btc rises, speculators then begin to look at the alts to see if they offer something of value over the short term.  When btc falls, confidence ebbs and the sell-off follows.

I see nothing surprising or confusing about it.  All crypto-coins are commodities.  They trade like commodities and they act like commodities.  Whatever alt coin seems to offer value or a profit opportunity, it is into that money will flow.

Bitcoin is up about 17% in two days, most of the alt-currencies have not been able to keep up with it, so their relative values decrease. Some have exceeded btc performance, and they have increased in relative value.

Bit coin is going up for a number of reasons.  It has gotten a fair amount of press coverage lately, Overstock made their announcement as did Zynga, Hong Kong is looking very seriously at btc ATMs and they are also beginning to show up in American cities.  The fact that bitcoin didn't completely collapse after the bad news from China and India demonstrates intrinsic strength in the coin and that inspires confidence in investors thus they are more comfortable buying.

It's just typical market dynamics.

[socket]

So, do we get the new portal tonight?

[jorgb]

So, do we get the new portal tonight?

Also waiting for.. Wanted to switch my rigs back to Hashco before I get some sleep

[danilom]

i think this is very STUPID people thinking that all or every one of the miner that enter in hashco.ws are english speakers, or, are going to read a very stupid advive there(telling in english you can register, but register button is still there) so you can click in REGISTER but, you REALLY can register WTF?? so we are talking about language i have one for all of you: VAYAN A MAMARSE UN GUEVO

[nearmiss]

Hey guys, sorry to say, portal wont go tonight.  We are still in the midst of some testing, don't want to rush things out. Still hopeful we can meet the Monday target.

[Anubite]

So, do we get the new portal tonight?

Also waiting for.. Wanted to switch my rigs back to Hashco before I get some sleep

Same. Sad that Hashcows was hacked when I got my 290x, day of. Then as alts crash, they are coming back up.

I also noticed that a day of mining here with this card earns me about .002, about .01 short minimum lately. Maybe it's just delayed conversions or manual somethings, and not lost as a recuperation tax or out in the ether due to allocation problems.

EDIT: @nearmiss. Alright, I can wait another day. Make sure it's locked tight!

[LeoC]

Thank you for not continuing to trash poor old Catcoin, she can't take it anymore and is dying as it is without these crazy difficulty swings.

You guys are the best, hope you can take over the multipool scene!

[induktor]

i think this is very STUPID people thinking that all or every one of the miner that enter in hashco.ws are english speakers, or, are going to read a very stupid advive there(telling in english you can register, but register button is still there) so you can click in REGISTER but, you REALLY can register WTF?? so we are talking about language i have one for all of you: VAYAN A MAMARSE UN GUEVO

And your point is?, I don't get it.
they said that 100 times now, THE SITE IS IN READ ONLY UNTIL THEY CLEAR THINGS UP, this is to prevent another attack, until the new code is in place, that's all, what is the problem, there is a BIG announce in RED, in the middle of the page where it states the current state of the site and why, I don't get it why you get mad about it, if you read it, you will know what is going on, and wait, as we all are.

btw: is HUEVO not GUEVO (if you mean an egg)

[skyhawk]

i think this is very STUPID people thinking that all or every one of the miner that enter in hashco.ws are english speakers, or, are going to read a very stupid advive there(telling in english you can register, but register button is still there) so you can click in REGISTER but, you REALLY can register WTF?? so we are talking about language i have one for all of you: VAYAN A MAMARSE UN GUEVO

And your point is?, I don't get it.
they said that 100 times now, THE SITE IS IN READ ONLY UNTIL THEY CLEAR THINGS UP, this is to prevent another attack, until the new code is in place, that's all, what is the problem, there is a BIG announce in RED, in the middle of the page where it states the current state of the site and why, I don't get it why you get mad about it, if you read it, you will know what is going on, and wait, as we all are.

btw: is HUEVO not GUEVO (if you mean an egg)

I think his point is that the situation is very frustrating for him as he's not a native English speaker or literate in English, making the red announcement text difficult or impossible to read, or to determine that it's important. Not that this is much of an excuse for anything. I don't go to Chinese websites and bitch that I can't read their service announcements.

Perhaps the administrators should consider making the site available in multiple languages? Between forum contributors and Google Translate, they could probably offer a modest selection without incurring translation expenses.

[OleOle]

i think this is very STUPID people thinking that all or every one of the miner that enter in hashco.ws are english speakers, or, are going to read a very stupid advive there(telling in english you can register, but register button is still there) so you can click in REGISTER but, you REALLY can register WTF?? so we are talking about language i have one for all of you: VAYAN A MAMARSE UN GUEVO

And your point is?, I don't get it.
they said that 100 times now, THE SITE IS IN READ ONLY UNTIL THEY CLEAR THINGS UP, this is to prevent another attack, until the new code is in place, that's all, what is the problem, there is a BIG announce in RED, in the middle of the page where it states the current state of the site and why, I don't get it why you get mad about it, if you read it, you will know what is going on, and wait, as we all are.

btw: is HUEVO not GUEVO (if you mean an egg)

I think his point is that the situation is very frustrating for him as he's not a native English speaker or literate in English, making the red announcement text difficult or impossible to read, or to determine that it's important. Not that this is much of an excuse for anything. I don't go to Chinese websites and bitch that I can't read their service announcements.

Perhaps the administrators should consider making the site available in multiple languages? Between forum contributors and Google Translate, they could probably offer a modest selection without incurring translation expenses.

I can understand the frustration non-English speaking users have but I don't think there should be any obligation on the pool operators to factor this in at the present time. I'm sure they have a mountain of things which are higher priority than built in translators and if a user cannot find his way to translate.google.com then there's a question mark over how compos mentis they actually are.

I think this point made above is particularly salient: "I don't go to Chinese websites and bitch that I can't read their service announcements."

Furthermore, in this post-hack environment, there's still users waiting patiently for the support query backlog to be cleared. I've sent a couple of emails and am more than happy to wait for as long as it takes as I understand that after the hack and theft of coins, the guys will be wanting to take as much care as possible with the new build and not rush anything. Although I'm sure there are a number of users like me who've lost coins, continued mining and are unclear on the status of their accounts, I for one am happy to be patient as I appreciate there are more important things going on than the fractions of coins I'm mining in the background.

Best of luck with the rebuild guys.

[crazy987]

Follow.

Mining on hashco.ws now.