And yes, that is Doge going to the moon. Or at least its exchange rate is, 30% up since Monday.
Just as yesterday I'm still on my 72-hour lease on LeaseRig, while the current rates have doubled to ~0.011.
I wonder if it's worth switching to straight Doge, or if this burst of profitability is just temporary.
I've always mined on multipools, except during the ghash.io LTC introductory reward period. But I'd be willing to consider Doge.
Suchmoon, you're using a private Doge P2PPool, right? I guess that means you set up your own node.
If I were to point some hash at a Doge pool, would I be better off with a public P2PPool node, or is there some reputable standard Doge pool someone can recommend?
Are there any recommended MH/s minimums for Doge P2Pools like there are for LTC P2Pools?
Looks like there are good guides online for finding the closest node and configuring cgminer, so that looks simple enough.
One thing to keep in mind is that I capture the stats once a day and it just so happened that today the exchange rate for doge was significantly higher than yesterday, mining proceeds over 24 hours roughly the same, so the end result was 0.008+ instead of ~0.006. I could easily go the other way, e.g. exchange rate could drop next day and BTC profitability could be 0.004. If I had been exchanging coins e.g. every hour then the profitability would be probably less erratic because I would be tracking the difficulty / exchange rate correlation more closely (although it's not perfect either). Plus I had better than average luck recently, which won't last forever.
I believe than over long term a good multipool will outperform Doge or LTC. Although my own charts are proving me wrong at the moment, I think it's just short-term variance.
To be honest I don't know of a good Doge pool to recommend, which is part of a reason I'm running my own node. Not having to pay any fees is a nice bonus. MH/s doesn't really matter if you're in for the long run, but anything less than 2-3 MH/s might be boring during the less lucky periods.