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

[byt411]

you are not terk and you dont work for terk and you can not initiate a payment
all your going to do is do a search for them and i already check them several times a day

was there a pay out friday??? some human with a soul please answer the question

Yes, there have been payments every day. Check this out:
http://www.clevermining.com/payouts

It isn't even that hard to find.

[1714210799]

1714210799

[1714210799]

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[1714210799]

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[imall4btc]

Seems like Terk is neglecting our queries/issues(God knows why!). He came online today but look, no one got their query/issue addressed by him. Terk, what's going on dude?

[rodeoclownicp]

i am not even talking about stuck... i am talking about ready to pay out above.01 that was not paid out

[chMiner]

so no payouts today?

My last payout was 8 hour ago.

what do u mean u got paid 8 hrs ago? i am using a address that i know works, it has already..... and i am talking about "ready to pay out" not "expected total"..... did anybody else get paid out???

I just answered your question!

The last payout of my account was at 07/12/2014 - 01:30AM (Servertime)!

[imall4btc]

i am not even talking about stuck... i am talking about ready to pay out above.01 that was not paid out

I understand. Just said in general as many queries are apart from the "stuck balance" topic.

[rodeoclownicp]

i am not even talking about stuck... i am talking about ready to pay out above.01 that was not paid out

I understand. Just said in general as many queries are apart from the "stuck balance" topic.

ok - but 54btc 2 days ago 28 btc yesterday... any body who didnt or am i the only one?

[imall4btc]

Hey Terk, I've been mining at your pool continuously for more than 24 hours and according to my statistics given at CM it states my earning as: 0.0031, but I'm mining with 5.5mH/s miner(on an avg 5.33mH/s); so how come my earning is so low? Even if BTC/MH/Day is 0.00066, my 24 hours earning should be 0.000363(0.00351 @ 5.33mH/s). Please care to explain(already the hash-rate displayed at CM for my miner is wrong!).

Thanks

P.S. If the given statistics are true than it seems mining LTC directly is more profitable.

[djcarlos000]

Hi TERK, why dont you start to pay in LTC too. This will push the market because the hight trafic of your pool will be exchanging to LTC, and the performance of crypto will be better.

The exchangers are working with LTC like the BTC... LTC/USD, LTC/BTC... etc

[Stalker2]

Been mining here for a few days and have 0.02531212  ready for payout.
I feel I should have had 2 payouts by now.
Can someone tell me when I can expect my payout?
Here' my address 1bQQKrNBbGT3zdmJpz7Jos8F6MBBWCstw.
Thanks..

[GolfCabalist]

Been mining here for a few days and have 0.02531212  ready for payout.
I feel I should have had 2 payouts by now.
Can someone tell me when I can expect my payout?
Here' my address 1bQQKrNBbGT3zdmJpz7Jos8F6MBBWCstw.
Thanks..

It looks to me as if you started mining at Clever at 2014-07-11 22:00:00 UTC.
Payouts happen regularly (with rare late-pay exceptions) each day at 01:30:00 UTC.
I'm thinking your READY FOR PAYOUT had not yet reached 0.01 BTC by 01:30, after only 3.5 hours of mining, so you should expect a payout "today", which will be 2014-07-13 01:30:00 UTC, or Saturday 9:30 EDT.

[midgegaunt]

First post on here so forgive my stupidity.
Been on CM for about 14 days now. Payouts seem to be regular and earnings consistent.
A shame the BTC per MH/s has dropped massively over last month but I guess thats the result of the ASICs flooding the scene.

My question is this
CM mines the most profitable coin in comparison to LTC, right?
So say LTC is paying 0.007 BTC/MH per day then CM will look for a better coin to mine to exceed that said 0.007 BTC?
So why the hell when no coin is available with a higher payout % doesn't CM just mine LTC instead of dropping the payout to something like 40% of LTC?

Am I missing the absolute obvious? Please shine some light, I would be so grateful, many thanks.

Midge

http://www.clevermining.com/users/1MjbHQ9YY3CGNsmyPTCC5vpXtVGtwsNLTg

[edit] If you wondering why I have such high rejects, its because my 26MH/s HASHRA sucks and is being shipped back to china on Monday, its faulty.
Roll on when my 10 x 14MH/s miners turn up, bloody hope they make back the £7500 I have spent!!! 3 year ROI anyone? eeeek!

[GolfCabalist]

First post on here so forgive my stupidity.
Been on CM for about 14 days now. Payouts seem to be regular and earnings consistent.
A shame the BTC per MH/s has dropped massively over last month but I guess thats the result of the ASICs flooding the scene.

My question is this
CM mines the most profitable coin in comparison to LTC, right?
So say LTC is paying 0.007 BTC/MH per day then CM will look for a better coin to mine to exceed that said 0.007 BTC?
So why the hell when no coin is available with a higher payout % doesn't CM just mine LTC instead of dropping the payout to something like 40% of LTC?

Am I missing the absolute obvious? Please shine some light, I would be so grateful, many thanks.

Midge

http://www.clevermining.com/users/1MjbHQ9YY3CGNsmyPTCC5vpXtVGtwsNLTg

[edit] If you wondering why I have such high rejects, its because my 26MH/s HASHRA sucks and is being shipped back to china on Monday, its faulty.
Roll on when my 10 x 14MH/s miners turn up, bloody hope they make back the £7500 I have spent!!! 3 year ROI anyone? eeeek!

Pardon my laziness at this moment...Terk himself posted a message that responds perfectly to your question, sometime in the last 10 pages.  The message must have been hypnotic, because I accepted the veracity of it, yet I dont remember the meaning!

[suchmoon]

First post on here so forgive my stupidity.
Been on CM for about 14 days now. Payouts seem to be regular and earnings consistent.
A shame the BTC per MH/s has dropped massively over last month but I guess thats the result of the ASICs flooding the scene.

My question is this
CM mines the most profitable coin in comparison to LTC, right?
So say LTC is paying 0.007 BTC/MH per day then CM will look for a better coin to mine to exceed that said 0.007 BTC?
So why the hell when no coin is available with a higher payout % doesn't CM just mine LTC instead of dropping the payout to something like 40% of LTC?

Am I missing the absolute obvious? Please shine some light, I would be so grateful, many thanks.

Midge

http://www.clevermining.com/users/1MjbHQ9YY3CGNsmyPTCC5vpXtVGtwsNLTg

[edit] If you wondering why I have such high rejects, its because my 26MH/s HASHRA sucks and is being shipped back to china on Monday, its faulty.
Roll on when my 10 x 14MH/s miners turn up, bloody hope they make back the £7500 I have spent!!! 3 year ROI anyone? eeeek!

This is addressed on nearly every page in this thread. The short version is: VARIANCE.

Slightly longer version: you wouldn't get 100% LTC profitability if you mined only LTC - due to pool fees, orphans etc. Furthermore, due to the random nature of mining (i.e. luck) you would have days significantly below 100% as well as above. In other words if CM is doing >= 98% LTC profitability it's already beating LTC-only mining, and you can see it's been above 100% quite consistently: http://clevermining.com/profits

I don't think it ever was at 40% LTC though.

Now for the really bad news enter your numbers here: https://bitcoinwisdom.com/litecoin/calculator
Try 5% difficulty increase (optimistic) and then 10% (less optimistic)

[rodeoclownicp]

hey just to update- i did get payout today- just kinda weird, nothing yesterday-still much better compared to the old days, guess i got use to the daily, this is a great pool but the stuck is not broached often enough

[tazdas]

strange.. I cant access the clever mining URL any more ... takes me to yahoo search results

[rodeoclownicp]

i was just there- seemed fine

[midgegaunt]

First post on here so forgive my stupidity.
Been on CM for about 14 days now. Payouts seem to be regular and earnings consistent.
A shame the BTC per MH/s has dropped massively over last month but I guess thats the result of the ASICs flooding the scene.

My question is this
CM mines the most profitable coin in comparison to LTC, right?
So say LTC is paying 0.007 BTC/MH per day then CM will look for a better coin to mine to exceed that said 0.007 BTC?
So why the hell when no coin is available with a higher payout % doesn't CM just mine LTC instead of dropping the payout to something like 40% of LTC?

Am I missing the absolute obvious? Please shine some light, I would be so grateful, many thanks.

Midge

http://www.clevermining.com/users/1MjbHQ9YY3CGNsmyPTCC5vpXtVGtwsNLTg

[edit] If you wondering why I have such high rejects, its because my 26MH/s HASHRA sucks and is being shipped back to china on Monday, its faulty.
Roll on when my 10 x 14MH/s miners turn up, bloody hope they make back the £7500 I have spent!!! 3 year ROI anyone? eeeek!

This is addressed on nearly every page in this thread. The short version is: VARIANCE.

Slightly longer version: you wouldn't get 100% LTC profitability if you mined only LTC - due to pool fees, orphans etc. Furthermore, due to the random nature of mining (i.e. luck) you would have days significantly below 100% as well as above. In other words if CM is doing >= 98% LTC profitability it's already beating LTC-only mining, and you can see it's been above 100% quite consistently: http://clevermining.com/profits

I don't think it ever was at 40% LTC though.

Now for the really bad news enter your numbers here: https://bitcoinwisdom.com/litecoin/calculator
Try 5% difficulty increase (optimistic) and then 10% (less optimistic)

Thankyou all for your answers.
I know the average % is better overall at the end of the 24 hours and I completely appreciate that.
When I said 40%, if you look at the hourly breakdown of the profitability stats, on some of the hours, the profitability drops to about 30-40% of the current LTC rate. What I mean is why drop this far below on those hours, sure to mine LTC at 80-90% profitability would be better?

Last 24 hours stats show

2014-07-12 18hours LTC 0.00066 BTC per MH/s
2014-07-12 18hours CM 0.00022 BTC per MH/s (the linear graph drops way below the LTC)

So I am referring to the hourly stats, lets say you only used CM for this hours alone, you would have just been better on LTC? Am I completely missing the point?

Please forgive my ignorance if the answer is obvious, I am a new shibe and am grateful for your input.

Midge

[suchmoon]

Last 24 hours stats show

2014-07-12 18hours LTC 0.00066 BTC per MH/s
2014-07-12 18hours CM 0.00022 BTC per MH/s (the linear graph drops way below the LTC)

So I am referring to the hourly stats, lets say you only used CM for this hours alone, you would have just been better on LTC? Am I completely missing the point?

Please forgive my ignorance if the answer is obvious, I am a new shibe and am grateful for your input.

Midge

And 2014-07-13 2AM is nearly 300% of LTC.

If you mine LTC (or any other coin) your income is the blocks you find (or the pool finds, if you are in a pool). Blocks are found randomly. The "LTC profitability" on the chart is theoretical, i.e. how many blocks you would find on average with the given hashrate, but the actual LTC earnings are not linear at all. Higher hashrate = better chances to find a block, so that's the reason to join a pool. But even a 70 GH/s pool can have its bad and good streaks, deviating from the average in the short term and approaching the average in the long term. In other words the ups and downs on the hourly chart are completely normal and expected.

As for switching to something else during the "down" periods - you can't predict the bad streaks, so you wouldn't know in advance when to switch.

[jekv2]

As for switching to something else during the "down" periods - you can't predict the bad streaks, so you wouldn't know in advance when to switch.

This in which eliminates the old school pool hoping.

Pool hoppers use to rip people off.

Edit:
Or still do for bitcoin/Litecoin pools?

[GolfCabalist]

First post on here so forgive my stupidity.
Been on CM for about 14 days now. Payouts seem to be regular and earnings consistent.
A shame the BTC per MH/s has dropped massively over last month but I guess thats the result of the ASICs flooding the scene.

My question is this
CM mines the most profitable coin in comparison to LTC, right?
So say LTC is paying 0.007 BTC/MH per day then CM will look for a better coin to mine to exceed that said 0.007 BTC?
So why the hell when no coin is available with a higher payout % doesn't CM just mine LTC instead of dropping the payout to something like 40% of LTC?

Am I missing the absolute obvious? Please shine some light, I would be so grateful, many thanks.

Midge

http://www.clevermining.com/users/1MjbHQ9YY3CGNsmyPTCC5vpXtVGtwsNLTg

[edit] If you wondering why I have such high rejects, its because my 26MH/s HASHRA sucks and is being shipped back to china on Monday, its faulty.
Roll on when my 10 x 14MH/s miners turn up, bloody hope they make back the £7500 I have spent!!! 3 year ROI anyone? eeeek!

This is addressed on nearly every page in this thread. The short version is: VARIANCE.

Slightly longer version: you wouldn't get 100% LTC profitability if you mined only LTC - due to pool fees, orphans etc. Furthermore, due to the random nature of mining (i.e. luck) you would have days significantly below 100% as well as above. In other words if CM is doing >= 98% LTC profitability it's already beating LTC-only mining, and you can see it's been above 100% quite consistently: http://clevermining.com/profits

I don't think it ever was at 40% LTC though.

Now for the really bad news enter your numbers here: https://bitcoinwisdom.com/litecoin/calculator
Try 5% difficulty increase (optimistic) and then 10% (less optimistic)

Suchmoon, can you detail how %LTC Profitability is calculated?