New mining pool with integrated high-frequency forex trading - increases returns

Hi,

My business has developed a system that performs high-frequency forex trading against Bitcoin. Specifically it looks to take advantage of the inherent price volatility in Bitcoin, tuned to the (relatively) far-lower number of transactions on the various BTC exchanges.

We are looking to work out how to monetise it, and we have been thinking about developing a mining pool where we take the mined BTC and use the algorithms against it to boost the returns. We believe we can get around 15%-20% profitability on anything found by the pool.

We are looking for some beta users -- specifically around 50 miners who can contribute at least 0.5 TH/s mining for 90 days. During this beta period we won't be taking fees, and distributing any mined BTC *plus* the return from the forex algorithms to those miners.

This is obviously risky, but if anyone is interested, please let me know.

Matt

Topic: New mining pool with integrated high-frequency forex trading - increases returns (Read 3501 times)