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1  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com on: March 27, 2014, 05:08:55 PM
Massive drop is pool speed!! Where's everyone going?
2  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com on: March 17, 2014, 08:50:23 PM
wooooo 127%
3  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com on: March 04, 2014, 08:25:02 PM
how do i ping US server?

us.clevermining.com gives me times out
eu.clevermining.com gives me ~130ms ping

does that mean I should use eu server?
4  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com on: February 18, 2014, 05:11:49 PM
Difference --> 0.00295 BTC
Not a completely negligible difference.

I would call that negligible.

Really? Maybe because you don't actually get that much?

Let's calculate it with BTC@1000 for simplicity.

That's $2.95 a day. Round that up to $3.

30 Days a month, that's $90.

If someone has a 10Mh/s setup, that's $270 difference.

Far from negligible.
5  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com on: February 18, 2014, 05:02:55 PM

Share difficulty isn't really a round time. It's more of a threshold. You're calculating shares all the time, but most of them have a value below the difficulty threshold, so you're not submitting them.
A share difficulty of 500k doesn't mean you're mining away on a huge chunk for ages (which would be bad for fast block times), it just means that you only submit a share when it randomly happens to have a value over 500k. But that single share wouldn't be any more likely to be rejected than any diff 16 share.

Also, empirically speaking, Middlecoin has a difficulty of 1024 but I never had particularly high reject rates there, always around 2-3%.

Wouldn't a 16 share take less time to compute compare to a 1024 share?

Middlecoin also have multiple servers, which I think is one of the biggest problem with CM right now.
6  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com on: February 18, 2014, 04:55:10 PM
I checked the profit average from 2/5 to 2/17 from both sites (biggest window provided by wafflepool) and found

Wafflepool range average = 0.010807 btc/Mh/24hour
Clevermining range average = 0.010903 btc/Mh/24hour

While clevermining has +10% rejects, and wafflepool has <1% rejects.....Wafflepool is the clear winner atm.

CleverMining had some very rough days just after launch (Feb 4th) because of technical problems. Please compare either 30-day averages or last 3-4 days because we've been suffering from tech issues which were affecting our profitability between Feb 4th and Feb 13th).

No problem

2/14 to 2/17 stats from WP and CM
CM average 0.012403 BTC/Mh/Day
WP average 0.011455 BTC/MH/Day

WP@ 3.33Mh/s --> 3.2967Mh/s after rejects (1% rejects)
CM@ 3.33Mh/S --> 2.997Mh/s after rejects (10% rejects)

Earning Per day average
WP = 0.037763 BTC/Day
CM = 0.03717   BTC/Day

Different = 0.00059 --> WP still on top for now.

I'm not trying to to say CM is a bad pool. I love the designs and easy access to quick stats. If the reject rates can be lowered to a comparable level like WP, you can expect pool's hash power to increase exponentially.
7  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com on: February 18, 2014, 04:41:35 PM

Your thought process regarding lower diffs for a miner has been argued to death over at MC, the consensus is no, diff does not have any long term effect on profitability or otherwise.

Anywho, I see a lot of posts whining about high rejects and swapping pools because of it.  But no mention of profits had during said period.  If you swapped away from a pool just because of rejects without considering your btc/mhs, you're stupid. 

True that most people think it doesn't have long term effect. But IMO I think those conclusions are wrong, as pointed out in my description.

And again, I tallied the profit average between Wafflepool and CM (basically the same, CM 0.89% higher). However, CM has +10% reject rates (the pool average given at the stats page), and WP has ~<1% rejects (reported by many users, and I checked as well).

To do the math I'll use 3.33Mh/s for example

WP@ 3.33Mh/s --> 3.2967Mh/s after rejects
CM@ 3.33Mh/S --> 2.997Mh/s after rejects

Using average profitability from each pool

WP@0.010807 BTC/Mh/Day @3.2967Mh/s --> 0.035626BTC
CM@0.010903 BTC/Mh/Day @2.997Mh/s --> 0.032626BTC

Difference --> 0.00295 BTC

Not a completely negligible difference.
8  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com on: February 18, 2014, 04:20:54 PM
Quote

@tyj8tim: Share difficulty has nothing to do with reject percentage. Or with overall profits, or with anything that matters.

I actually have my doubts on that with a switching pool.

I agree that IF we mine at a pool that only mines one coin, then the variance will average out and you will see a steady payout after a few hours or 24 hours.

However, at CM we get a lot of stale rejects. And I'm assuming these are not all counting towards our hashrate (correct me if I'm wrong). From my understanding, stale rejects are the ones that's too old because the pool already pointed to the new block. So if someone has a ~10% reject on average, that means ~10% of the time when he finished his share, the pool already moved on and his calculated shares are useless. This is especially a problem for a pool that's hopping around and getting into block times that's less than a minute or even 30 seconds.

So IMO, by lowering the share difficulties, you can shorten individual miner's share round time and minimize the probability of submitting stale shares.
9  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com on: February 18, 2014, 04:00:41 PM
Try wafflepool instead of just going back to middlecoin...  Then watch your rejects drop to almost nothing, and profits increase along side.

How they manage to do that?

More servers + lower share difficulties.

I checked the profit average from 2/5 to 2/17 from both sites (biggest window provided by wafflepool) and found

Wafflepool range average = 0.010807 btc/Mh/24hour
Clevermining range average = 0.010903 btc/Mh/24hour

While clevermining has +10% rejects, and wafflepool has <1% rejects.....Wafflepool is the clear winner atm.
10  Other / Beginners & Help / Someone stole my Bitcoins? on: January 13, 2014, 07:58:12 PM
I just checked my local Bitcoin-Qt wallet and saw that there was a transaction not done by me...is it possible someone hacked my computer and did that?

If so...there's nothing I can do to undone it huh.

Transaction ID is 23074af6a53af7461ab64ff5f2f25d19f15d2585107195a2b2b5e89c6f1a8f66

Address is 13SWCCtAahLnJnps3MfuW6z8ShJhSnpb9V

Can be seen at https://blockchain.info/address/13SWCCtAahLnJnps3MfuW6z8ShJhSnpb9V

Help!! I'm so sad =(
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