[POOL][Scrypt][Scrypt-N][X11] Profit switching pool - wafflepool.com

[FlyForFun]

WP, can you please add nicehash as a multipool, so if the profitability for mining in nicehash is higher then you automatically choose that to mine?

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[phzi]

WP, can you please add nicehash as a multipool, so if the profitability for mining in nicehash is higher then you automatically choose that to mine?

That could create some pretty funny snake-eating-own-tail issues, if someone was renting hash on NH to mine on WP. I don't think it makes sense for a multi-pool with WP to try to lease hash like that.

[m0narch]

WP, can you please add nicehash as a multipool, so if the profitability for mining in nicehash is higher then you automatically choose that to mine?

This actually makes no sense whatsoever.

[utahjohn]

WP, can you please add nicehash as a multipool, so if the profitability for mining in nicehash is higher then you automatically choose that to mine?

This actually makes no sense whatsoever.

ROFL dog chasing it's tail

[torontominer]

wp should point to nicehash if their profit is higher.
why not

[poolwaffle]

wp should point to nicehash if their profit is higher.
why not

Because of many reasons.

1) If we point at nicehash, and someone rents from nicehash and points to us, what happens?

2) I'll get nonstop complaints that the reject rate went from a few percent to 10+%.

3) We would have to enforce using a specific miner (sgminer I think) because nicehash relies on extranonce extensions that we don't normally use

4) No one is really buying X13 hashrate on nicehash anymore, since there really isn't anything to mine...

[-droid-]

damn my 3 750 TI's at work on x13 are just sitting there doing nothing til tomorrow (when i can get in and switch them)... oh well, i dont pay the power bill

will it ever come back up PW?

[utahjohn]

wp should point to nicehash if their profit is higher.
why not

Because of many reasons.

1) If we point at nicehash, and someone rents from nicehash and points to us, what happens?

2) I'll get nonstop complaints that the reject rate went from a few percent to 10+%.

3) We would have to enforce using a specific miner (sgminer I think) because nicehash relies on extranonce extensions that we don't normally use

4) No one is really buying X13 hashrate on nicehash anymore, since there really isn't anything to mine...

Point 3:  That's one of the things WP is great for is compatibility and not requiring a special miner to use
Point 4:  I've been looking too and nothing noteworthy although I recieved a PM about B2B coin X13.

[torontominer]

wp should point to nicehash if their profit is higher.
why not

Because of many reasons.

1) If we point at nicehash, and someone rents from nicehash and points to us, what happens?

2) I'll get nonstop complaints that the reject rate went from a few percent to 10+%.

3) We would have to enforce using a specific miner (sgminer I think) because nicehash relies on extranonce extensions that we don't normally use

4) No one is really buying X13 hashrate on nicehash anymore, since there really isn't anything to mine...

1.ppl will only point to WP. since if WP has better profit , ppl will mine here；if nicehash is better, WP will point to nicehash.
2.  i dun have more than average reject rate un nicehash.
3.im not saying we point to multi-algo.  if our x11 point to nicehash x11, sgminer is not required. ive been using cg sph sg without problem in nicehash.
4. ppl do not always mine altcoins for bitcoins immediately.  some are just paying btc for some whattheybelievewillgettothemoon ones.

[phzi]

wp should point to nicehash if their profit is higher.
why not

Because of many reasons.

1) If we point at nicehash, and someone rents from nicehash and points to us, what happens?

2) I'll get nonstop complaints that the reject rate went from a few percent to 10+%.

3) We would have to enforce using a specific miner (sgminer I think) because nicehash relies on extranonce extensions that we don't normally use

4) No one is really buying X13 hashrate on nicehash anymore, since there really isn't anything to mine...

1.ppl will only point to WP. since if WP has better profit , ppl will mine here；if nicehash is better, WP will point to nicehash.
2.  i dun have more than average reject rate un nicehash.
3.im not saying we point to multi-algo.  if our x11 point to nicehash x11, sgminer is not required. ive been using cg sph sg without problem in nicehash.
4. ppl do not always mine altcoins for bitcoins immediately.  some are just paying btc for some whattheybelievewillgettothemoon ones.

You completely misunderstood all of PoolWaffle's responses
1. You aren't getting it... You can BUY hashing power on NiceHash. People buy hashing power on NiceHash to mine at WafflePool. If WP directed hash to NiceHash, and that hash gets pointed back at wafflepool... Snake eating it's own tail - get it? It's a loop with no food (mining work, or destination coin).
2. Directly, maybe not, but the added latency from WP to NH via proxy would increase reject rates.
3. Yes you need to use sgminer v5 with NiceHash otherwise you regularly get force disconnected and have to reconnect. It has nothing to do with multi-algo, it has to do with the NiceHash specific extra-nonce extensions.
4. Not sure what your point is.

[atomicchaos]

Any idea what is generating the sudden interest in X13 hash rate at the moment? Bids went up quickly at some reseller sites.

[phzi]

Any idea what is generating the sudden interest in X13 hash rate at the moment? Bids went up quickly at some reseller sites.

Speculative miners on a new yet-to-be-traded coin, probably.

[atomicchaos]

Any idea what is generating the sudden interest in X13 hash rate at the moment? Bids went up quickly at some reseller sites.

Speculative miners on a new yet-to-be-traded coin, probably.

Yep, it went down as quick as it went up. Back on X11 at the moment.

[suchmoon]

Oh dear yet another forkup... https://bitcointalk.org/index.php?topic=699278.0

[dalaylama00]

I have been mining on WP and a few other places for 'bout 7-8 months , now that X13 is also gone and X11 profit barely surpasses electric bills, I stopped mining. Is there anyone else who thinks doing the same or has done the same ? I do not know if there is an alternative to make a profit w/o using ASICS.

[poolwaffle]

Oh dear yet another forkup... https://bitcointalk.org/index.php?topic=699278.0

Yep, was dealing with the coin dev all of last night.  Every time we turned on hash power (even on the new version) it would fork massively, and take hours to sort itself out.  Had to go to bed, but working on it again now (its just been disabled for mining for now, can see the blips of orphaning/reprocessing over and over in the scrypt stats graph =P)

[UniMatrixZ]

Are we mining Shadowcoin (scrypt)

[Antebellum]

I have been mining on WP and a few other places for 'bout 7-8 months , now that X13 is also gone and X11 profit barely surpasses electric bills, I stopped mining. Is there anyone else who thinks doing the same or has done the same ? I do not know if there is an alternative to make a profit w/o using ASICS.

Yepp, turned off my rigs i had on WP today aswell, x13 off and x11 not covering eletric billls right now. . . Makes me a sad panda!

[kingscrown]

Are we mining Shadowcoin (scrypt)

not at all!

[poolwaffle]

Are we mining Shadowcoin (scrypt)

not at all!

When the question was asked, we were not (it wasn't listed on any major exchanges).  It was added a few hours ago