[ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com

[suchmoon]

I'd like to see some alternatives too for the GPU miners. Maybe he needs to launch clevergpumining.com...

Clevermining is a scrypt pool.  It's all about "GPU miners."

Not for long.

Not anymore.

[Ibistru]

I'd like to see some alternatives too for the GPU miners. Maybe he needs to launch clevergpumining.com...

Clevermining is a scrypt pool.  It's all about "GPU miners."

Not for long.

Not anymore.

GPU miners are just nobs anyway, the pros moved on to ASICs.

[primer10]

I'd like to see some alternatives too for the GPU miners. Maybe he needs to launch clevergpumining.com...

Clevermining is a scrypt pool.  It's all about "GPU miners."

Not for long.

Not anymore.

GPU miners are just nobs anyway, the pros moved on to ASICs.

not nobs, just ignorant..

come on .. gpu for scrypt is just too power wasteful.. you could get cheaper than gpu ASIC at the same hashrates

[Catswold]

I'd like to see some alternatives too for the GPU miners. Maybe he needs to launch clevergpumining.com...

Clevermining is a scrypt pool.  It's all about "GPU miners."

Not for long.

Not anymore.

GPU miners are just nobs anyway, the pros moved on to ASICs.

not nobs, just ignorant..

come on .. gpu for scrypt is just too power wasteful.. you could get cheaper than gpu ASIC at the same hashrates

Not "ignorant," just not willing to spend more money chasing foo-foo dust.  When you've already got powerful GPU's, no sense in not using them.

Oh, and I may be a "nob," but at least I'm not a cunt.

[cbutters]

I got screwed. waking up to much loss. What are the chances of getting anything back out of this?

[ghur]

I got screwed. waking up to much loss. What are the chances of getting anything back out of this?

You'll have to be more specific. You got screwed how? Bought a GPU rig to mine scrypt or something?

[alienesb]

Rejects are killing me, why so high on the NY server?

[Xenocyde]

Rejects are killing me, why so high on the NY server?

Are you sure you're getting real rejects? What does the line near the hashrate of each gpu say? How many accepted and how many rejected?

[suchmoon]

you could get cheaper than gpu ASIC at the same hashrates

And tomorrow someone will get a dozen even cheaper ASICs and will kill your ROI. Have a nice race to the bottom

[cyberpitstop]

Is there another server in the US other then stratum+tcp://us.clevermining.com:3333
Seems like hash rate wont come up I throw over 23MH/S and for over 24 hrs it only shows 15
When I point them to my Doge pool I get 20.7+ I just thought if there was a closer US server it may help out a little bit.
Thanks

[gtraah]

Guys why do I see below 100% vs LTC??? Hows is that possible, why should it get below 100% isnt the point to be equal or more than LTC whats happening with this pool the last week its been bad profitability and right now im looking at 0.00289 wow wtf is that... I dont like having to point my miners at another pool but waffle is looking better at this point atleast its over 100% or equal

[byt411]

Is there another server in the US other then stratum+tcp://us.clevermining.com:3333
Seems like hash rate wont come up I throw over 23MH/S and for over 24 hrs it only shows 15
When I point them to my Doge pool I get 20.7+ I just thought if there was a closer US server it may help out a little bit.
Thanks

No, there isn't right now.

Guys why do I see below 100% vs LTC??? Hows is that possible, why should it get below 100% isnt the point to be equal or more than LTC whats happening with this pool the last week its been bad profitability and right now im looking at 0.00289 wow wtf is that... I dont like having to point my miners at another pool but waffle is looking better at this point atleast its over 100% or equal

Isn't the aim of humanity to create world peace and a perfect world for everybody?
It's not that easy to do what you want, you know.

[gtraah]

nah im just curious if something is actually wrong or not

[Xenocyde]

nah im just curious if something is actually wrong or not

That variance warning has been there for a week, deal with it.

[cyberpitstop]

nah im just curious if something is actually wrong or not

What's wrong is with all the scam coins lately the only people left are the WHALES & SCAMMERS
Real investors won't touch all this shit.

[Terk]

Guys why do I see below 100% vs LTC??? Hows is that possible, why should it get below 100% isnt the point to be equal or more than LTC whats happening with this pool the last week its been bad profitability and right now im looking at 0.00289 wow wtf is that... I dont like having to point my miners at another pool but waffle is looking better at this point atleast its over 100% or equal

What happens is we mine a lot of LTC recently because not many coins are more profitable in recent days. Yesterday we put on average 6009 MH/s of our total 13670 MH/s into LTC, which is 44% of our total hashpower. 6009 MH/s should find 16.5 LTC blocks per day at 7338 LTC difficulty, but this is only an estimate and actual number of blocks found depends on luck/variance. We actually found only 11 LTC blocks yesterday, so 66.7% of the expected number. This dragged our profitability ratio down to 86% LTC profitability yesterday.

Finding less or more blocks than expected is normal and it's how variance works - you sometimes find more blocks than expected, sometimes find less blocks than expected. The bigger your hashrate and the bigger number of blocks per day you expect to find, the less variance you will have. We can be pretty good at switching coins to mine the most profitable ones, but when there are times when we mine a lot of LTC, then we're vulnerable to variance.

But keep in mind that despite ups and downs with daily results, CleverMining remains very good pool when it comes to profit from coins other than LTC. You can compare pools results during the recent WhiteCoin bubble. Only CleverMining and WafflePool seemed to handle it right and both provided 30-50% better profits than all other coin-switching pools. But when we have to mine a lot of LTC, then we will have a variance just like any straight-LTC pool has. We then have days like yesterday when we had 88% LTC profitability compared to Waffle's 100%, but there also are days like three days ago when we had 124% LTC profitability compared to Waffle's 99%.

We could really use some more hashpower to reduce variance and provide more stable results with decreased luck factor. But even with our current hashrate you don't need to worry about our profitability in the longer term. We will have bigger daily ups and downs during times of LTC mining, but the long term average will still be good. And when there will be some new coins rising then you can be sure that CM is the pool to be on.

[gtraah]

Turk thank you very much  for clarifying this ,

Hey guys lets design something so that we have 4-5 Multipool switcher with MH > BTC ratio showing on each site..... and what this software does is check the % 1MH to BTC and once something below  and for a certain poreiod of time it swtiches to the next pool failover style so it keep checking back evry 5 minutes to check how the pofits are going to swtcih back,,, My favourite pool is clevermining so I would like to keep returfning back automatically once profts are back up ok then Once we see this drop there is an automatic script that switch to the next multipool

[byt411]

Turk thank you very much  for clarifying this ,

Hey guys lets design something so that we have 4-5 Multipool switcher with MH > BTC ratio showing on each site..... and what this software does is check the % 1MH to BTC and once something below  and for a certain poreiod of time it swtiches to the next pool failover style so it keep checking back evry 5 minutes to check how the pofits are going to swtcih back,,, My favourite pool is clevermining so I would like to keep returfning back automatically once profts are back up ok then Once we see this drop there is an automatic script that switch to the next multipool

That's exactly how the coin switching algorithm works...
Also, full stops exist.

[Terk]

Turk thank you very much  for clarifying this ,

Hey guys lets design something so that we have 4-5 Multipool switcher with MH > BTC ratio showing on each site..... and what this software does is check the % 1MH to BTC and once something below  and for a certain poreiod of time it swtiches to the next pool failover style so it keep checking back evry 5 minutes to check how the pofits are going to swtcih back,,, My favourite pool is clevermining so I would like to keep returfning back automatically once profts are back up ok then Once we see this drop there is an automatic script that switch to the next multipool

This doesn't make sense and won't do you any good, because it's not how variance works. This is how variance works:



This is us not finding even one LTC block during 12 hours (while putting ~50% of our hashrate into LTC) and then finding 6 blocks in 4 hours.

If you have switched away from CleverMining after worse hours, you would miss better hours and in the end your profits would suffer. Switching between pools after some worse periods results in mining during worse periods but most likely missing better periods (on every pool between which you switch). Your profits would be lower. The best you can do is pick a pool which you like and which have good results in the long term average and stick to it.

[byt411]

Turk thank you very much  for clarifying this ,

Hey guys lets design something so that we have 4-5 Multipool switcher with MH > BTC ratio showing on each site..... and what this software does is check the % 1MH to BTC and once something below  and for a certain poreiod of time it swtiches to the next pool failover style so it keep checking back evry 5 minutes to check how the pofits are going to swtcih back,,, My favourite pool is clevermining so I would like to keep returfning back automatically once profts are back up ok then Once we see this drop there is an automatic script that switch to the next multipool

This doesn't make sense and won't do you any good, because it's not how variance works. This is how variance works:

This is us not finding even one LTC block during 12 hours (while putting ~50% of our hashrate into LTC) and then finding 6 blocks in 4 hours.

If you have switched away from CleverMining after worse hours, you would miss better hours and in the end your profits would suffer. Switching between pools after some worse periods results in mining during worse periods but most likely missing better periods (on every pool between which you switch). Your profits would be lower. The best you can do is pick a pool which you like and which have good results in the long term average and stick to it.

And as Terk said a while ago, if he showed you per minute stats, there would be many minutes at 0% LTC profitability, and then suddenly a minute at 4000% LTC profitability.

What matters is the long-term average, not per hour stats.