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Re: Status as of Monday, December 11, 2017
Posted: Mon Dec 11, 2017 2:44 pm
by AppleMiner
On the subject of stockpiling for a sha-256 reserve after what we witnessed with nicehash, three words: Multiple Cold Wallets.
Re: Status as of Monday, December 11, 2017
Posted: Mon Dec 11, 2017 3:43 pm
by Steve Sokolowski
AppleMiner wrote:centar wrote:Why don't you just offer BCash mining? Need a lot less reserves and you don't have to worry about those pesky fees you hate so much. Seems to align more with your personal beliefs anyway.
You mean mine the SHA-256 algo they don't currently offer to mine on this pool?
Check back closer to the summer and see if SHA-256 has been included then.
It doesn't make sense to only mine Bitcoin Cash, just as it doesn't make sense to only mine WildBeastBitcoin. We need to be able to mine multiple coins and switch between them. However, mathematically, the number of other coins we switch in is not relevant to the reserve needed to mine bitcoins.
Re: Status as of Monday, December 11, 2017
Posted: Mon Dec 11, 2017 4:24 pm
by centar
AppleMiner wrote:centar wrote:Why don't you just offer BCash mining? Need a lot less reserves and you don't have to worry about those pesky fees you hate so much. Seems to align more with your personal beliefs anyway.
You mean mine the SHA-256 algo they don't currently offer to mine on this pool?
Check back closer to the summer and see if SHA-256 has been included then.
Yeah, I was referring to his earlier post where he mentioned bitcoin's fees and current price as a reason why they couldn't implement SHA-256 easily.
Re: Status as of Monday, December 11, 2017
Posted: Mon Dec 11, 2017 4:28 pm
by centar
Steve Sokolowski wrote:AppleMiner wrote:centar wrote:Why don't you just offer BCash mining? Need a lot less reserves and you don't have to worry about those pesky fees you hate so much. Seems to align more with your personal beliefs anyway.
You mean mine the SHA-256 algo they don't currently offer to mine on this pool?
Check back closer to the summer and see if SHA-256 has been included then.
It doesn't make sense to only mine Bitcoin Cash, just as it doesn't make sense to only mine WildBeastBitcoin. We need to be able to mine multiple coins and switch between them. However, mathematically, the number of other coins we switch in is not relevant to the reserve needed to mine bitcoins.
Ok, I didn't realize you were trying to get a SHA256 multi-pool running, I was under the impression you were going to offer Bitcoin only mining.