More Money for Miners

[CryptKeeper411]

A way for miners to receive vastly more money for their mining efforts is that in combination with issue #37 in the issues for this repository, I would additionally suggest a setting in the newly created "users wallet" settings section which would allow each miner to specify that their matured coins be held for sale until the stoichastic RSI for that coin be at or above a specified threshold, say 50 as an example. This variable could be dimensioned as userStoichasticRSI. Currently, when users are mining on an algorithm for a yaamp/yiimp pool, say neoscrypt algo for example, converting all neoscrypt pool mined coins to BTC, the neoscrypt coins that are mined by the pool are matured and then spot sold on the markets at regular intervals (my uneducated but hopefully correct understanding). I propose that this spot selling of the coins would now have an optional check that would be performed before listing the coins for sale that would first ensure that the matured coins have a currentstochasticRSI value >= userStoichasticRSI, where userStoichasticRSI is an integer, userStoichasticRSI=0 by default with min=0 and max=100. This default value of 0 would ensure that nothing was different then what was done today, but for miners who are willing to wait for increased profits, they might input 65 for userStoichasticRSI as an example, and their coins would only be spot sold on the market if the currentstochasticRSI was >=65. The check for spot selling would occur at the same frequency as it currently does now imo. If a user wanted to clear their cache of unsold mature coins all that would be needed is for the user to change the userStoichasticRSI variable to 0 (zero). On the next spot selling cycle, their reserved mature coins would be spot sold on the market. Finally, if implementation of this idea is thought to be too complex (but I am confident that the brilliant community can tackle this), in the secondary I would propose userStoichasticRSI groups, say 0, 25, 50, 75, 100 on a per user basis, and if that is still too complex I propose in the tertiary that the pool administrator or operator be allowed to change this setting on a global basis for the entire pool and advertise this setting to pool members. Again, a value of 0 changes nothing from the way it is today. As always, comments, questions, or feedback are always welcome and encouraged.

Let's help miners make more money and not sell into weakness.......

[CryptKeeper411]

I didn't mention this, but I think the 1 hr stochastic RSI would be appropriate, but this is open for debate.