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Author Topic: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com  (Read 554361 times)
Terk (OP)
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February 04, 2014, 02:22:33 PM
Last edit: September 12, 2014, 02:41:01 PM by Terk
Merited by suchmoon (19)
 #1


News: We're now merge-mining DOGE.



CleverMining - the best and most profitable coin-switch auto-exchanging mining pool, running since Dec 2013.

Excellent profitability beating other scrypt mining options.
Blazingly fast, very optimized and ASIC-friendly stratum software
Auto-switch to the most profitable coin.
Auto-exchange mined coins to BTC.
VARDIFF adjusting difficulty for all hashrates of GPU and ASIC rigs
(or setup your own difficulty by using d=XXXX, powers of 2 between 128 and 65536)
Great and detailed stats and charts in web and mobile.
Daily Payouts with 0.01 BTC minimum payout balance.
Additional weekly payout for small balances (0.001 BTC).
Highly developed project - excellent support and more features coming soon.
www.CleverMining.com


North America: stratum+tcp://us.clevermining.com:3333
Europe: stratum+tcp://eu.clevermining.com:3333




Read this if your ASIC is showing lower hashrate at CleverMining than expected:
https://bitcointalk.org/index.php?topic=448649.msg7921135#msg7921135



NEW! Setup your own difficulty
Our new stratum server has VARDIFF enabled and it should work great for most users. But if you have a miner with dozens of chips working as a single connection you might want to setup your own difficulty. You can do this by using password d=XXXX where XXXX is number between 128 and 65536 (only powers of 2 are accepted, so 128, 256, 512, etc, e.g. d=512). This will set a fixed difficulty and disable vardiff. It works per connection so you can choose separate difficulty for each of your miners.



Previous news:

We have a new, very optimized and ASIC-friendly stratum server software. Users are reporting significantly decreased rejects ratio and increased recognized hashrate. Vardiff is working again so it will adjust to any GPU and ASIC miner speed.



Original post:

After more than a month of invitation-only beta tests I'm finally happy to introduce CleverMining.

It's auto-switch Scrypt mining pool with auto-exchange to Bitcoins, excellent profitability, detailed stats, vardiff support (temporarily disabled) and payouts multiple times per day. Feedback from my beta users was awesome and they all are extremely happy with the pool.

You will find more stats on the website. I believe the numbers speak for themselves and beat other scrypt mining options. I invite everyone to join the pool!

www.CleverMining.com

A quick screenshot from our stats summary page (as of time when the thread started):


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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Pt0x
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February 04, 2014, 02:33:56 PM
 #2

I been using this pool since the very early days and Terk it's a very diligent pool operator.

IT SIMPLY ROCKS!!!!! Grin Grin Grin Grin Grin Grin Grin

Join NOW!!!

BTC: 17sz6AoYVpwXjaStmnVCsGTufUhvrAMhTw
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February 04, 2014, 02:34:06 PM
 #3

Very happy with this pool, plus a great pool operator.
Now i just have to wait for the api.  Tongue
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February 04, 2014, 03:20:14 PM
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I been using this pool since the very early days and Terk it's a very diligent pool operator.

IT SIMPLY ROCKS!!!!! Grin Grin Grin Grin Grin Grin Grin

Join NOW!!!


+1

Nothing more to say.

I love this pool !!!
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February 04, 2014, 03:53:51 PM
 #5

Do you have an IRC channel by chance?  Going to throw some hash on and try this out!

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February 04, 2014, 04:09:54 PM
 #6

Throwing 7.5Mhash for a test, might be 25Mhash when it turns out to be good Smiley
BrianB
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February 04, 2014, 04:30:57 PM
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One other question, I'm seeing 18% rejects (down from 30% when i started).  Is this typical?

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February 04, 2014, 04:36:34 PM
 #8

I started using this pool, since it first started. It is really stable and user friendly.

Also Trek the pool admin is very quick in responding.  Smiley
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February 04, 2014, 04:41:28 PM
 #9

I am one of the beta testers, I just have to say that this pool is awesome! Its profit is amazing. And Congrats on 29 Members already Terk!
Terk (OP)
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February 04, 2014, 04:50:01 PM
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Thanks!

Do you have an IRC channel by chance?  Going to throw some hash on and try this out!

I haven't been using IRC for more than 10 years. I didn't even consider IRC channel - forum thread is great for support and help.

One other question, I'm seeing 18% rejects (down from 30% when i started).  Is this typical?

It might be a bit higher during first 10-15 minutes before vardiff settles. Besides that, most users have between 1% and 4% rejects.

It sometimes goes up to even to 10-15% while we're mining some very fast coin with new blocks coming every couple seconds, but it's calculated into profitability comparisons and this coin must be more than 20% more profitable than the second best, so that we prefer throw 15% hashpower into stales because remaining 85% will be worth more than 98% of some other coin.

If high rejected ratio persists for more than one-two hours then it means there's something wrong - we usually don't mine fast coins for that long. Has it lowered since you wrote the post?

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February 04, 2014, 04:53:04 PM
 #11

Thanks for the invite Terk - my miserable 250KHash is now pointed at your pool. Looking forward to adding a few megahashes over the next few weeks!

Rit.

Newbie oriented mining site - http://cryptoexperiment.wordpress.com/ --- Free BTC - http://freebitco.in/?r=231531
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February 04, 2014, 05:17:32 PM
 #12

I am getting a lot of rejects in the pool?

Be part of a great community @ https://bleutrade.com/sign_up/3029
Terk (OP)
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February 04, 2014, 05:24:05 PM
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I am getting a lot of rejects in the pool?

Not sure what is “a lot”.

Let me quote from the FAQ on the website. Maybe it will help.

Quote
Is 3% rejected shares something I should worry?

Most users get between 1% and 4% rejected shares with CleverMining and that's perfectly normal for coin-switching pool. It actually isn't because of switching coins, as we've got this covered and if your miner sends a share for previous coin just after coin switch we detect it and it's not wasted. It's because we mine different coins with different times between blocks. Some faster coins (with little time between blocks) will always have bigger rejected shares ratio.

Is 10% rejected shares something I should worry?

Short answer: if it's only for an hour or three, then no. If it's permanent, then yes. Long answer: sometimes rejected ratio can go up to as high as 15% for an hour or three, when we are mining some very fast coins with new blocks coming every few seconds. You shouldn't worry about this. It's more profitable to mine a coin with 200% LTC profitability and 15% stale shares than a coin with 150% LTC profitability and 2% stale shares. The first one has 0.85 * 200% = 170% overall profitability (adjusted for stales) while the second one has 0.97 * 150% = 147%. However if your rejected ratio remains high for more than couple hours, you should start to worry and investigate.

Jayem
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February 04, 2014, 05:31:57 PM
 #14

OK. I understand now, seems to be normal.

Can we see a list of coins you are mining, just like multipool has it's charts?

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Terk (OP)
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February 04, 2014, 05:37:08 PM
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Also, important hint that was given to me by one of users: try experimenting with lower intensity as mining fast coins with intensity 20 might give you a lot of rejects. If you experience too many stales, try decreasing intensity. We mine different coins, some of them are very fast.

Terk (OP)
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February 04, 2014, 05:38:46 PM
 #16

Can we see a list of coins you are mining, just like multipool has it's charts?

No. While I'm providing detailed hourly stats, I don't want to disclose anything related to how the algorithms work and the choices that the software makes.

sony87
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February 04, 2014, 05:39:03 PM
 #17

Hello,

A question here, i was not able to see anywhere what is the fee to use the pool ? Can you let me know ?

Terk (OP)
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February 04, 2014, 05:48:02 PM
 #18

Hello,

A question here, i was not able to see anywhere what is the fee to use the pool ? Can you let me know ?

It's in the FAQ - I might need to make it easier to find.

Fee is progressive and depends on how good the pool performs in a given day. On good days fee is a bit higher and on bad days it's lower. This ensures that your profits aren't hit that much on a bad day. The fee during bad days is as low as 1%.

All numbers on the website / in the stats are after the fee, so they are actual net profits.

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February 04, 2014, 05:55:00 PM
 #19

Looks promising! I couldn't see any way to set up separate workers though? I'd like to point 5 rigs (20MH/s) at this for a split test with another pool. Just concerned if Vardiff will play nicely without separate workers, or if I'll end up with a stratospheric work difficulty.

Edit: I understand that even with a high work difficulty it all ends up about the same in terms of accepted work, but statistical variance blah blah  Smiley
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February 04, 2014, 06:02:37 PM
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Coin list?
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