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Author Topic: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com  (Read 554361 times)
Planethill
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March 21, 2014, 01:29:14 PM
Last edit: March 21, 2014, 02:21:04 PM by Planethill
 #3001

Well there was 169% hour one hour before and 189% one hour after that 45% hour. I seriously consider stop publishing hourly stats as they only make people confused.

Of course we mine LTC when it's the most profitable. You just can't find the same number of blocks every day/hour/minute/second.

If you throw a dice with 1-6 numbers on it, you will get 3.50 result on average. But you will never actually throw 3.50 in one throw. Sometimes you throw 5 or 6, sometimes you throw 1 or 2. You understand that, don't you? In long-term average you will get 3.50, but average of three throws can be anywhere between 1.00 and 6.00.

Mining coins is no different. The shorter the timespan the more variance there will be. Guess what. If you check minute-by-minute stats you will find a lot of 0% minutes and some 3000% minutes. If you check second-by-second stats you will find mostly 0% seconds and the second when we find a LTC block will have 180,000%. You don't find a block every second. You don't find a block every minute. You don't find the same number of blocks every hour.

Never saw it hit 0% (probably would indicate you messed up), and I have definitely not seen it breach 3000%, or hell, 180,000%!! LMAO! Either you have a better insight on stats, and should provide similar data for miners on your pool, or you are a hell of an exaggerator.

 Roll Eyes   Reading comprehension.

Of course you've never seen it.  Only Terk can see minute-by-minute or second-by-second stats.  And it if he DID publish them even more would freak out.  WHAT?!  0%?  

There is a fundamental misunderstanding around here about how mining even works.  Coin mining (any coin) isn't some consistent thing like a nice, constant conveyer belt of cash.  Just like actual gem mining, sometimes you hit a pocket (3000%).  But most of the time you dig and get nothing (0%).     THAT is why you look at the daily average.

Quote from: Starscream
TBH Terk, you should just do it a daily average and not hourly.

100% Agree.   It confuses a good percentage of the crew.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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MinorError
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March 21, 2014, 02:00:37 PM
 #3002

Hey Terk -

So I made an idiot mistake today. I started mining with your pool, but used the wrong BTC address for my payout. I recently swithced from Multibit to Armory and mistakenly used an old address that I no longer have access to. It wouldn't be that big of a deal except my machine is at work, and I won't be going in until Monday. If it can't be solved, no worries, it's my mistake and I'll correct it on Monday. But if there's anything you can do...I'd be much obliged.

Thanks.

You probably need to provide your BTC addresses for Trek to do anything with it.

Good point...I just figured I'd wait for Terk to say something before throwing it out there. I'm guessing there's nothing that can be done about it,  and it's my bad, but just hoping.
jedimstr
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March 21, 2014, 02:03:32 PM
 #3003

Hey Terk -

So I made an idiot mistake today. I started mining with your pool, but used the wrong BTC address for my payout. I recently swithced from Multibit to Armory and mistakenly used an old address that I no longer have access to. It wouldn't be that big of a deal except my machine is at work, and I won't be going in until Monday. If it can't be solved, no worries, it's my mistake and I'll correct it on Monday. But if there's anything you can do...I'd be much obliged.

Thanks.

You probably need to provide your BTC addresses for Trek to do anything with it.

Good point...I just figured I'd wait for Terk to say something before throwing it out there. I'm guessing there's nothing that can be done about it,  and it's my bad, but just hoping.

Just PM Terk the BTC addresses... he can take care of it privately and you don't have to publish your addresses in public.

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March 21, 2014, 02:55:50 PM
 #3004

Kalizar
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March 21, 2014, 03:01:37 PM
 #3005



+1
MinorError
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March 21, 2014, 06:34:33 PM
 #3006

Hey Terk -

So I made an idiot mistake today. I started mining with your pool, but used the wrong BTC address for my payout. I recently swithced from Multibit to Armory and mistakenly used an old address that I no longer have access to. It wouldn't be that big of a deal except my machine is at work, and I won't be going in until Monday. If it can't be solved, no worries, it's my mistake and I'll correct it on Monday. But if there's anything you can do...I'd be much obliged.

Thanks.

You probably need to provide your BTC addresses for Trek to do anything with it.

Good point...I just figured I'd wait for Terk to say something before throwing it out there. I'm guessing there's nothing that can be done about it,  and it's my bad, but just hoping.

Just PM Terk the BTC addresses... he can take care of it privately and you don't have to publish your addresses in public.

Justo sent him a PM. hopefully there's something that can be done.
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March 21, 2014, 06:50:04 PM
 #3007

question:


do I have to put "--scrypt" into my param?

I want to overclock my usb dualminers and need to put argument in there.

Thanks in advance for any help.

Blackcoin ~ 10 second transactions (fastest coin) ~ 100% proof of stake (the first) ~ No wasteful mining (most efficient)
VirosaGITS
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March 21, 2014, 07:37:56 PM
 #3008

Well there was 169% hour one hour before and 189% one hour after that 45% hour. I seriously consider stop publishing hourly stats as they only make people confused.

Of course we mine LTC when it's the most profitable. You just can't find the same number of blocks every day/hour/minute/second.

If you throw a dice with 1-6 numbers on it, you will get 3.50 result on average. But you will never actually throw 3.50 in one throw. Sometimes you throw 5 or 6, sometimes you throw 1 or 2. You understand that, don't you? In long-term average you will get 3.50, but average of three throws can be anywhere between 1.00 and 6.00.

Mining coins is no different. The shorter the timespan the more variance there will be. Guess what. If you check minute-by-minute stats you will find a lot of 0% minutes and some 3000% minutes. If you check second-by-second stats you will find mostly 0% seconds and the second when we find a LTC block will have 180,000%. You don't find a block every second. You don't find a block every minute. You don't find the same number of blocks every hour.

I seen you explain this way too many times now.

Might wanna hide the hourly % by default (maybe only show 6 hours or daily) or answer to the next 100 newbies "Go read the FAQ before asking (stupid) questions.".

Maybe have a check box that require you to type "I understand how the profitability variance works and therefore will not ask why were arent mining LTC directly instead."


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sentry_
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March 21, 2014, 09:19:24 PM
 #3009

Will the API be released soon? I'm eagerly awaiting it ... thanks Smiley
spinkick
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March 21, 2014, 11:13:01 PM
 #3010

The ny server rejection rate seems to be going pretty high right now. Anyone else notice that?
dyland
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March 22, 2014, 12:35:23 AM
 #3011

question:


do I have to put "--scrypt" into my param?

I want to overclock my usb dualminers and need to put argument in there.

Thanks in advance for any help.

Bump

Blackcoin ~ 10 second transactions (fastest coin) ~ 100% proof of stake (the first) ~ No wasteful mining (most efficient)
Terk (OP)
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March 22, 2014, 02:43:25 AM
 #3012

US West server is back online and it's moved to California (San Francisco) for better connectivity.

stratum+tcp://sf.clevermining.com:3333

Old us.clevermining.com address redirects randomly to New York or San Francisco. It's better to check which server is closer to you and use NY or SF address.

MegaKill
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March 22, 2014, 04:26:55 AM
 #3013

Hi, i've been away for a while and now back again, just wanna make sure if i can still use singapore server? its not on the website anymore, but cgminer still detects it as "alive"? Appreciate if you can clear the confusion. Thank you.

Cross Exchanges Arbitrage(SPOT) & Spread(Perpetual Futures) Trader
Terk (OP)
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March 22, 2014, 04:37:47 AM
 #3014

Singapore is still down but the address points to European server until the new Asia server is back online. You can still use it of course.

dyland
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March 22, 2014, 04:45:26 AM
 #3015

question:


do I have to put "--scrypt" into my param?

I want to overclock my usb dualminers and need to put argument in there.

Thanks in advance for any help.

Bump

Double bump

Blackcoin ~ 10 second transactions (fastest coin) ~ 100% proof of stake (the first) ~ No wasteful mining (most efficient)
MegaKill
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March 22, 2014, 04:48:18 AM
 #3016

Singapore is still down but the address points to European server until the new Asia server is back online. You can still use it of course.

Thank you

Cross Exchanges Arbitrage(SPOT) & Spread(Perpetual Futures) Trader
Planethill
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March 22, 2014, 04:55:56 AM
 #3017

question:


do I have to put "--scrypt" into my param?

I want to overclock my usb dualminers and need to put argument in there.

Thanks in advance for any help.

Bump

Double bump

Not sure exactly what you are asking here, but if you are mining a Scrypt coin, you have to tell your miner (what ever that is) to use Scrypt.

Why not just try it and see?
big_coins
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March 22, 2014, 06:41:54 AM
 #3018

just to confirm this is a litecoin only mining pool now based on last 7 days performance and not a particularly good one.
rammy2k2
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March 22, 2014, 01:07:22 PM
 #3019

just to confirm this is a litecoin only mining pool now based on last 7 days performance and not a particularly good one.

and u are based on what ?
jamesc760
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March 22, 2014, 01:42:08 PM
 #3020

"and u are based on what ?"

He had said "based on last 7 day performance"
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