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

[AngryDwarf]

I'm just amazed that the pool owner has made no statement, and the pool still has 40 GH/s pointed at it. My unexchanged balance might have dropped a satoshi or two, but nothing significant. I just wish there was a cash out button, cos' with no scrypt asic miner I ain't going to try mining the minimum balance out considering the profit I can make GPU mining other algorithms.

[Terk]

Please stop spamming with others pools advertising in this thread.

[Terk]

Hello everyone, I'm back.

I started processing unexchanged balances and was able to recover ~17 BTC mined in 2015 and stuck since then. They were manually exchanged and paid out earlier in January in few batches. Since beginning of the year until yesterday we mined ~98 BTC but we paid out ~115 BTC. The additional ~17 BTC were recovered unexchanged balances.

I'll be reviewing remaining unexchanged balances after the weekend, but preliminary checks show that most of what's left are orphaned blocks from 2014 (~29.4 BTC) and 2015 (~12.7 BTC). These were crazy days of altcoins with dozens of altcoins popping up and dying every month and their blockchains were forking like crazy sometimes. In cases of forks which were not resolved quickly, but were having competing blockchains living concurrently for dozens or even hundreds of blocks, our software didn't zero-ed blocks which it thought to be orphaned (mined on the wrong chain) but left them for manual review, just in case. I am going to manually check all these remaining chains and correct their statuses to orphaned (worth zero). Of course if any of them were not really orphaned, they will be exchanged manually and paid out as were the recovered blocks earlier in January.

Overall, I estimate there will be ~42 BTC unexchanged balances corrected to 0 BTC. This is only an accounting loss. As I explained before, these blocks were not correctly mined blocks and were wrongly marked as unexchanged in the database (while they should be marked as orphaned). We already did a similar correction of post-fork orphans in 2014 when we wrote off ~19 BTC. In summary, these total ~61 BTC written off now and then, in the entire CleverMining history, make only 0.15% of our total 39,271 BTC paid out in the entire history. In reality they make approximately no more than 0.03% of entire hashrate, because when such forks happened, post-fork blocks difficulty was very low and we instantly mined dozens of worthless blocks (but theoretically worth 300-1000% profitability) before our software switched off from the forked coin. So in reality, much less than 0.15% hashrate was wasted on this, I estimate it at 0.03%. This is a cost of running a multipool - the more altcoins, the more forks and you sometimes lose a 0.01% here or there due to forks. My fault was to leave these blocks unchecked for such a long time instead of deal with them instantly.

After this accounting correction will be done, I will be adding some new coins (and re-adding previously disabled coins) in the next week to improve current results. The pool currently does not suffer any issues and I encourage everyone who mined here before but stopped to switch back to CleverMining.

If anyone has any unresolved issue, unanswered question or needs any support, please PM me and I'll try to help!

[citronick]

Terk - welcome back... if I may ask, why MIA for so long??

[AngryDwarf]

Thanks for the explanation Terk. This was really needed months ago. I could not find a support link on the CM website, only a link here, so if you have lost custom then you only have yourself to blame. I sincerely hope that the lack of communication and support in the last few months was not due to ill health.

[Jmancino2]

Hello everyone, I'm back.

Welcome back, Terk! Good to see you here again. I hope you are well. I appreciate your explanation. I have to admit I shopped around a little bit, but this is still the best multi coin pool by far. I have always been paid on time and have no complaints. Thanks for the great pool! I encourage everyone who may have tried another pool to return, if they have not already.

[allknowingeye]

Like many I used to mine here. When it went silent I moved off to elsewhere. But after the messages this week I moved enough hash back for a while to generate a payout. If the payout happens than I will move all the hash back I used to have here. We will see. The LTC halvening really kicked these pools teeth in, and it has been slow to recover.

[allknowingeye]

Like many I used to mine here. When it went silent I moved off to elsewhere. But after the messages this week I moved enough hash back for a while to generate a payout. If the payout happens than I will move all the hash back I used to have here. We will see. The LTC halvening really kicked these pools teeth in, and it has been slow to recover.

The expected payout happened. Looks like we are back in business here.

[Terk]

Thank you all for kind words. It's great to see users coming back to the pool

[bigbenn28]

hallo
why in 24hr nothing to pay out on my account 13TCAyKyrkHunZo7Z7WaoL4UQxVzTQ7mub
all on Immature and Unexchanged but nothing in Ready For Payout??
i have the fist time this problem... why the payout stop im mining with 10-12mhs

[Terk]

hallo
why in 24hr nothing to pay out on my account 13TCAyKyrkHunZo7Z7WaoL4UQxVzTQ7mub
all on Immature and Unexchanged but nothing in Ready For Payout??
i have the fist time this problem... why the payout stop im mining with 10-12mhs

Your account has regular payouts as soon as you meet required payout threshold.

You currently have 0.0001 BTC immature, 0.0001 BTC unexchanged and 0.0012 BTC ready for payout. Everything looks fine to me and you should receive your payout when the next >= 0.001 BTC payouts will be sent.

[bigbenn28]

thx its look good

[DCTrader]

I have been mining with this pool since September 13, 2014, and, overall, I am very pleased with it.   You run a very good mining pool.

Thanks so much,

DCTrader

[Terk]

Hi everyone, I have a major announcement to make. We’re launching CleverMining 2.0 today!

Here’s what changing:

• CleverMining 2.0 is launching today.
• It uses the same state-of-the art stratum server and the best profitability engine it always had, but improved to achieve even greater profitability.
• It introduces new website, new mining stats and most importantly new coin exchanging+accounting engine which should improve exchanging process.
• Much more coins are added again, heavily extending number of our supported coins to further improve profitability.
• A new but experienced pool operator will ensure pool support and development will return to its best levels (welcome PPanther).
• All the above should greatly increase profitability and quality of support.
• To celebrate these changes, fee will be reduced to 0% for the first week of CM 2.0.
• After that, payout model will change to PPS, making your earnings more predictable.

As you know, in recent months I did not have enough time for active development of CleverMining and for proper support for users who had questions or problems. This was caused by personal, non-pool-related issues. I decided that the pool and you, the users, deserve only the best and I didn’t want to continue running the pool half-time with average results. I found an experienced and skilled pool operator who agreed to take over the pool and invest significant amount of his time and energy to develop it further. He spent most of his time since beginning of the year to improve CM and develop CleverMining 2.0. The visible changes on the outside are small, but they’re huge on the inside and all this has only one goal in mind - to improve profitability, bring back great customer support and improve your overall experiences with the pool. Please welcome PPanther as the new owner and operator of CleverMining. He’s been operating LTCRabbit mining pool for years. You’re in very skilled and capable hands and I’m really happy that CleverMining will be actively developed and the great legacy will continue despite me not being able to be part of it. I believe you will also be very satisfied with the change. Thank you for more than two years of using and supporting the pool and I wish you even better and more satisfying years of using the pool in the future.

From technical perspective, the change to CleverMining 2.0 will be quick and smooth. You don’t need to do anything and most likely you won’t even notice anything at your miners. Your miners will be disconnected and they will reconnect to CM 2.0 servers to continue mining. The old website and all historic stats will still be available at http://old.clevermining.com and final payouts of all remaining balances from CleverMining 1.0 will be made over the weekend, after last CM 1.0 mined coins will be exchanged.

If you have any questions, we’re both here to help.

[ppanther]

Welcome everybody to Clevermining 2.0

This was quite a bunch of work for both of us and we hope you like the result. I am honored to be allowed to proceed with this awesome project. Please let me know, if you have any questions or concerns.

Best,
PPanther

[bigbenn28]

hello why my btc is falling i have 0.005 and now its by 0.004 on the old pool? i know its not many.
whot coming in the future my hope the statistik vor all users and a ranking... and whot a coin in lifetime mining in a little window..
then how many workers a conectet and his hashrate...
thx but the new designe its a gread start in a new future......

[ppanther]

hello why my btc is falling i have 0.005 and now its by 0.004 on the old pool? i know its not many.
whot coming in the future my hope the statistik vor all users and a ranking... and whot a coin in lifetime mining in a little window..
then how many workers a conectet and his hashrate...
thx but the new designe its a gread start in a new future......

Thank you for your kind words bigben. I suppose the issue you mentioned is related to the fact that yesterday some of your hash rate went to old CM and the rest to new CM. Old CM will pay out the remaining amount. And new CM will do it's first payout on 13:00 UTC today. Please send me a PM with your username, in case you have further problems.

Your idea (dedicated worker stats) is great. The backend is already supporting single worker statistics. We will add this data to the frontend soon. Coin lifetime mining is also a good idea and will be added. A user hashrate ranking is better suited for pools, where you have to register.

Best,
PPanther

[bigbenn28]

thx for the fast reaplay.
i think the web interface its on a good way.
i mined whith minera mod on a intel nuc webinterface and 2 gridseed g-blade... why the minera say 12mhs and the pool 10-11 ? is that the long way from germany ? my internet connection is a 400mbit whit 10mbit upload... ping under mining its 12-16ms
thx.

[ppanther]

The difference seems to be regular variance. A pool can only estimate the hashrate by the amount of shares submitted per time. Please send me your username by PM and i'll check your stats.

Best,
PPanther

[bigbenn28]

ok i send a pm