The problem with lbry(if it is a problem), is currently we need a lot of Mhash to get it profitable. In a rolling scrypt batch file, you won't stay on the coin long enough to solve it when current blocks are found in 30 minute or longer intervals. To get it profitable we need to get down to about 5 min intervals so a scrypt will actually stay on it long enough to find it. Otherwise its manually selecting the coin to force it to pay. It's the same with sib at the moment. Both coins are incredibly profitable but we currently don't have the hash to hit it.
The probability of finding a block doesn't change with time, it's always the same given a certain difficulty, so "staying on a coin long enough" doesn't make sense.
See "gambler's fallacy" for further explanation.
Yup. If you flip a coin 100 times and it comes up heads what are the odds it will come up heads the 101st time? 50-50.
Unless the coin is loaded.
I know what you guys mean, pool lucky is simply another variable. but my point was not many people want to mine a coin for 2 hours or more to get one block. They would rather mine a bunch of coins in that 2 hour block to show a steady gain instead of nothing then an abrupt adjustment in funds even if it works out to be the same.
It's not like solo mining, you don't have to be mining when a block is found. If you stop mining before a block is found you will get
credit for your share whenever the next block is found. However your percentage share will drop over time as the total shares grow
while yours remains static.
One concern is a multi-coin pool where you don't have control of which coin is mined. It would be nice if some of the more
popular coins could have their own pool.
At the moment there are two levels of profit switching: among coins sharing the same algo, and among algos. users have control over
algo switching but not coin switching within an algo's pool.
It would be nice if users could choose which coin in a specific algo's pool to mine. I'm not aware of any auto-exchange pools that
offer this. The yaamp platform offers both the tools to let users do their own profit switching, as well as the auto-exchange to
avoid requiring a wallet for each coin. It would be just a matter of giving the more popular coins their own mining port.
