Quark Profit-Switching MultiPool Idea?
submitted 1 day ago by fiatfoolgot quark?
So, I've seen other coins do this. Some of the POS coins that you can no longer mine have been setting up multipools, which mines the most profitable scrypt coin and then pays out in their own coin. (Mintcoin/blackcoin did this)
Now that we have the in-built miner, I'm wondering if we really need a standard foundation pool, since with people's wallets open the network will be secure and more distributed. (Just remember to keep your wallet open!! )
What if we setup a profit-switching multi-pool, for those that mine coins. The foundation could still manage this & charge a fee, but then we could mine on our GPU's and support QRK's price by getting paid directly in Quark. This would sell the other alt for BTC, then sell the BTC for Quark automatically...
What do you think .... good idea or bad idea?"
I think it is good ides. You can use CPU to mine qrk directly and maintain the network. And use other miners to get qrk by mining Scrypt and SHA-256 coins.