If anybody hates multipools because they fuck up altcoins, the solution is simple.
make a pool that mines the optimal coin, but pays out in DOGECOIN.
multiple problems solved in one go. why fuck with the fundamentals of the currency itself when you can up the ante instead?
game on.
so they will sell dogecoins
to cashout
that's what we want though: people buying and selling dogecoins. that's the whole point of a currency. the difference is (if people who hate multipools are to be believed), the value gets 'sucked' out of the other altcoins to benefit dogecoin.
If some enterprising user who believes in both
1) dogecoin
and
2) auto-switching pools destroy altcoins
should have the motivation to setup a switching pool in response to the existing multipools instead of whining about switching pools. if multipools are so destructive, then the same switching algorithms can also be used to benefit dogecoin, couldn't they?
Let me see if I have this correct?
1. Multi-pools like middlecoin dumps many Dogecoin onto market which drives price down.
2. So what you're saying is to create a new multiple pool mining system that mines only the most profitable alt-coins like middlecoin does,
3. trade them for BTC and immediately trade them for Dogecoins,
4. this will actually allow you to get more Dogecoin per day compared to mining them?
5. Then you will have twice as many people buying Dogecoin which would raise the price? which is good.
6. Also by competing with Middlecoin makes it less profitable for Middlecoin users therefore reducing there user base which shifts the power back over to DOGE and other Alt-coins?
7. This could also effect the total net hash-rate which could make it more profitable to mine again?
Wow! What a Doggy Doge world. I would say it's a little hypocritical, but interesting and competitive.
It would be nice to have some of the major Dogecoin mining pools on-board offering the same type of service.
Not sure if the Doge community would like this because many Shibes like to play fair. But some may call it Justice and others are very competitive.
The bottom line is that two can play the same game therefore it's okay to compete in this way.
Competition is a good thing.
But how do we know if Multi-pools aren't actually helping Doge in the long run?
