That was really interesting to read man, do you suggest I mine lottocoin instead of dogecoin? I'm starting to hate dogecoin and understand why everyones pissed off about a meme like that becoming an actual coin.
Well i never got on the doge bandwagon.. couldnt stand it when i first saw its launch and opted for LOT instead.. Do i kick myself over it? No, not really, i think LOT has a potential for value over the long run and as i covered my hardware costs within 2 weeks of buying my 1st card so everything else is just a bonus. Small or big doesnt make a difference as i am in for the long run.
It's a case of long term vs short term really on what you choose to mine.
If we are going long term i would say trade all your alts for LTC as value will likely appreciate by the end of the year with the introduction of ASIC chips for LTC even if the ASIC are catastrophic failures it will only take some other company another 6 months at most to tweak and fine tune the process.
In the short term, coinwarz is helpful, to determine the best coin to mine but i generally ignore their top 3-5 picks simply because the profitability charts show the current most profitable coin based on difficulty and price and more often than not a multipool is already at it so your gains will be lower.. it doesnt matter what pool your in. If a multipool gets into mining a coin you are looking at around 800MH-1GH being casually tossed at a network and the following auto sell of the coins will basically drive the prices down by the time you get your coin to market. What i would do is mine anything but the most profitable and only sell when its at its most profitable on coinwarz that way you can catch the best price before the initial drop in price. If you arent hard up for immediate returns.. stick around for auto sells to come in and basically buy back the same amount of coins sold at a lower price. Its not the "Gospel Truth" but its a common enough occurence to be taken as a fact.
Looking at coinwarz your 1.5MH is expected to give about $15 a day in earnings so i dont think you are doing too bad on mining. I think we will actually see a rise in the value of the regular tried and true alt coins over the next few weeks as more and more miners get tired of the wave of new idiot coins and go back to mining what they are comfortable with. As for telling you to mine LOT i would actually suggest that you head over to the coins page and gauge the level of activity and decide if its something your interested in. Right now LOT is not the most profitable but its miners have fun with the superblock rewards so the network stays alive. Net looks promising from its price trend not sure why though as i havent had a chance to see their forum. EAC is impressive in the way it markets itself. Kind of a serious version of Doge really in their marketing just wish i dint feel like i was mining an earth day version of internet explorer.
I mined NDL for a few hours simply because i found the whole thing hilarious and they did a fun job on their wallet. I also solomine GRA when i am bored its not on any exchange and difficulty is at 0.6-0.8 and miners are reluctant to sell their coins because of the interests earned every 2 weeks on the coin. Personally, I would advice you to collect a small stake there as the dev bosian seems to be one really hard working individual. it really is a remarkable coin in that no accusations of scam flood the thread, DEV works hard to improve and fix issues, and there is no heavy push by any miners to get listed on an exchange as they like mining there themselves. It was created about 2 weeks before LOT and doge and basically got lost in the scramble. If it does get on an exchange it could do very well.
I, myself, have partnered with a friend and will hopefully get two rigs operational by Feb through outside investments. I expect to get at least 10 rigs up by June in the same way. So, i do firmly believe in the future of a global digital economy.