Today on Doged was a prime example of the Herd Mentality in mining.
everyone flocks to a coin that gets the 'buzz'
I mined this coin like crazy a few weeks ago and rolled up over 3M coins - I was sitting on a lot of them until I saw the value rise today....
Take a close look at the chart - Network hash hit 78 GH/s today but there were no more blocks generated than any other day.

and yes - the value of the coin went up also, but not 10 fold like network hash - so there are lot of people out there who fought over scraps today in the mining frenzy and wound up with a measly .00014 btc/mh based on 100 mh/s of mining power....and by the way - if you threw 500 MH/s at Doged the return was worse: 0.00012 btc/mh/
if you ran out and rented 2 GH/s it gets worse: 0.000107 btc/mh - $51 yield - the same 2gh/s would have gotten you $101.78 on Mona today...but hey - maybe Doged will go higher tomorrow - there may be light at the end of the tunnel yet....or maybe people holding will dump.... who knows right?
I know that risk, reward and return go hand in hand and I'm not risk adversed at all, but I also know a lot of Pioneers wound up with arrows in their backs : LOL
However - this herd mentality was exploited by lots of SmarterHash users...

however there were 14 other scrypt coins that vastly out performed DOGED today and one that generated this based on 100 MH/s of mining power - where was your hash today - Mine was not on Doged.
