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by dharma1 3602 days ago
Some cryptocurrencies (like ETH) can't be mined with ASICs, due to large (2gb and rising) RAM requirements
1 comments

Yes, but suchflex is only about those that you can either mine with ASICS (PoW) or CPUs and GPUs (in this case Proof of Research with Gridcoin).

Pure PoS cryptocurrencies cannot be mined by suchflex.

ETH is currently PoW
ah yes, true that.

Then I was wrong, does suchflex also mine ETH then?

Ok, a less cheeky answer is that we really focus on most efficient monetization of computing resources. We come up with our own investment theses based on available digital currencies and blockchain innovations out there and then we track performance and change things on the fly in real-time to increase profitability and manage risk. However, our platform is a hybrid of blockchain technologies and a more traditional distributed computing marketplace, this way we get the best of both worlds.
Looking at the site, I don't think they mine anything yet, it looks super early. But ETH would probably be the best candidate in terms of profitability. Maybe a couple of other alt coins.

It's pretty easy to set up ETH mining yourself and pocket all the money, but that's probably not the audience this software is intended for (Windows users with access to "free" electricity).

We're early, but we're not that early. We have over 4k users and 300-600 daily users.
Sometimes :)