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

[rwo]

Terk your mining pool is the best when it comes it payouts... keep up the great work... and many thanks for the EU server... 18ms to EU rather than US's 280ms here from Denmark.

[Mr_Jumper]

Word of encouragement Terk, I think you are doing the best you can.  I for one appreciate your work.


Don't listen to these whiners as long time miners can see and calculate real profits.  If it wasn't profitable, we'd be gone by now. 


As far as I can see from my calculations, this IS THE MOST PROFITABLE out of the multi-pools right now, even with the market fluctuations and variables.  Compare and you can see that for yourself.  If you suck at math and can't comprehend this fact, you are free to go some place else.   

There's a reason why Middlecoin went from +25k Mh to sub 14K Mh.  H2O would love your donations.

[eMiz0r]

Terk, aren't you afraid you'll grow as high (or even higher) as wafflepool in GH/s? I can imagine profitability will go down when you're not able to mine smaller coins because of our mega pool. I see the same thing going on with wafflepool. They're only mining doge, lite, feather and that kinda larger coins.

[nlsupernova]

I've switched to http://www.coinmine.pw for the time being until things pick back up for clevermining and the other pools. I like that coinmine.pw actualy supports vardiff too Something clevermining use to support once a upon a time.

Do they have the auto-payout in BTC feature? Or is it just another multipool?

No autosell, you have to trade the coins manually/yourself.

It's easy to claim high profitability if you don't exchange to BTC and don't deliver BTC. Guess what. There's a coin which can give 180% LTC theoretical profitability. The only problem is that it's only on some very niche exchanges and its trading volume is 1 BTC/day and orders depth is for 0.1 BTC. The 180% LTC is purely theoretical. You can have it for 0.1 BTC worth of coins and then you need to go back to less profitable coins for the other 99.9 BTC.

CleverMining is about real profits, not theoretical speculation. I'm not going to leave you with bunch of niche coins which you won't know what to do with. Mining coins is only part of the equation. You need to actually sell them to get your profits. It's worthless to make profitability stats based on coins which you won't be able to sell.

The altcoins market is really bad these days but I'm working very hard to deliver the best profitability among coin-switching pools. What I've been working on for the whole night I think is working well, as we're back to 127% LTC profitability from 100% yesterday, while other pools are still down (Waffle stats page show today 0.0059 which is 90% LTC).

But you have the option to hold on to the coins you mined to next week or so, by then the price is up and the revenue for this days mining is higher then exchanging right away.

Just set selling price 20 percent higher as current prices, and your mining returns are 20 percent higher

[yslyung]

hi terk, i know some coins have to be manually traded but in my case it has been kinda like "stuck" for couple of days now.

Immature            0.00014443 BTC
Unexchanged    0.01508277 BTC ("stuck") for about 4-6 days
Ready For Payout    0.00677836 BTC
Total Expected    0.02200556 BTC

my address : 1KCkmMK1Kazu8tJxKhvMubKn6e39HnNG76

thx.

nice to see profits are coming back up.

[roughdude]

I've switched to http://www.coinmine.pw for the time being until things pick back up for clevermining and the other pools. I like that coinmine.pw actualy supports vardiff too Something clevermining use to support once a upon a time.

Do they have the auto-payout in BTC feature? Or is it just another multipool?

No autosell, you have to trade the coins manually/yourself.

It's easy to claim high profitability if you don't exchange to BTC and don't deliver BTC. Guess what. There's a coin which can give 180% LTC theoretical profitability. The only problem is that it's only on some very niche exchanges and its trading volume is 1 BTC/day and orders depth is for 0.1 BTC. The 180% LTC is purely theoretical. You can have it for 0.1 BTC worth of coins and then you need to go back to less profitable coins for the other 99.9 BTC.

CleverMining is about real profits, not theoretical speculation. I'm not going to leave you with bunch of niche coins which you won't know what to do with. Mining coins is only part of the equation. You need to actually sell them to get your profits. It's worthless to make profitability stats based on coins which you won't be able to sell.

The altcoins market is really bad these days but I'm working very hard to deliver the best profitability among coin-switching pools. What I've been working on for the whole night I think is working well, as we're back to 127% LTC profitability from 100% yesterday, while other pools are still down (Waffle stats page show today 0.0059 which is 90% LTC).

I'm on coinmine.pw right now and i never had much problem selling my coins. I can sell 90% of my coins on cryptsy or cryptorush.in, whatever amount i have.

Coinmine is more about keeping control of what you mine. And with what's going on since 1 month, it's not so stupid.

And about profit, i have to mine further to know what it's reality or not. But there are different mechanisms to help people selling their coins, like auto-payouts, threshold in USD, manual payouts button, selectable coins to mine, etc... And you can also hold coins for better profit if you want.

I will still try your pool later for several days now that you have EU server. i'll see see if your pool is really promising.

[Starscream]

I've switched to http://www.coinmine.pw for the time being until things pick back up for clevermining and the other pools. I like that coinmine.pw actualy supports vardiff too Something clevermining use to support once a upon a time.

Do they have the auto-payout in BTC feature? Or is it just another multipool?

No autosell, you have to trade the coins manually/yourself.

It's easy to claim high profitability if you don't exchange to BTC and don't deliver BTC. Guess what. There's a coin which can give 180% LTC theoretical profitability. The only problem is that it's only on some very niche exchanges and its trading volume is 1 BTC/day and orders depth is for 0.1 BTC. The 180% LTC is purely theoretical. You can have it for 0.1 BTC worth of coins and then you need to go back to less profitable coins for the other 99.9 BTC.

CleverMining is about real profits, not theoretical speculation. I'm not going to leave you with bunch of niche coins which you won't know what to do with. Mining coins is only part of the equation. You need to actually sell them to get your profits. It's worthless to make profitability stats based on coins which you won't be able to sell.

The altcoins market is really bad these days but I'm working very hard to deliver the best profitability among coin-switching pools. What I've been working on for the whole night I think is working well, as we're back to 127% LTC profitability from 100% yesterday, while other pools are still down (Waffle stats page show today 0.0059 which is 90% LTC).

But you have the option to hold on to the coins you mined to next week or so, by then the price is up and the revenue for this days mining is higher then exchanging right away.

Just set selling price 20 percent higher as current prices, and your mining returns are 20 percent higher

It this... is this kid for real? I mean, you for real?

[SirGeekalot]

his theory does work.. in theory.. putting the theory into practice may differ somewhat.

[VirosaGITS]

his theory does work.. in theory.. putting the theory into practice may differ somewhat.

It works with gazoline...

[Terk]

But you have the option to hold on to the coins you mined to next week or so, by then the price is up [...]

It's up or it's down. Or there is still no liquidity.

This pool is about efficient mining so we mine whatever is the most profitable at the moment and is exchangeable to BTC. Both conditions are equally important.

If you seek speculation about what coins might have some value in two weeks from now, then the best you can do is to mine here, get your BTC profits, then use these BTC to buy coins which you think will be valuable and hold them. We do profitable mining and profits can be called profits only if you can execute them (as in: sell the asset). Long-term coin value speculation is an entirely different business from mining and it's out of scope of this project.

[Terk]

Re: unexchanged balance and mistaken addresses. I am starting to work on all these manual database tasks in an hour or so, so expect both of these issues solved today.

[racebyu]

I am curious what the payout timeline is on the site?
Does it payout on a regular basis in hrs or is it bases on the payout amount?
I started mining the other day around 4pm but no payout yet, running 3M+
Thanks, nice site!

[mcaron1234]

I am curious what the payout timeline is on the site?
Does it payout on a regular basis in hrs or is it bases on the payout amount?
I started mining the other day around 4pm but no payout yet, running 3M+
Thanks, nice site!

http://clevermining.com/about

CleverMining in a flash:

    Excellent profitability beating other scrypt mining options.
    Auto-switch to the most profitable coin.
    Auto-exchange mined coins to BTC.
    Great and detailed stats and charts in web and mobile.
    Payouts several times per day with 0.01 BTC minimum payout balance.
    Additional weekly payout for small balances (0.001 BTC).
    Highly developed project - more features coming soon.

[racebyu]

Duh, thanks missed that I have over 0.02XXXX now so might be today.

[rammy2k2]

very happy with this pool so far ; keep up the good work !

[neptunus]

Hi...
it seems, that my numbers in sgminer are worse, than what the website tells me, can you please tell me, if I really loose 30-40% of my work? (see screenshot 1). Below I have 2 screenshots of other pools I tried, seems I don't have that issue there.

Is there anything I can do about this myself?

If you're mining on Clevermining, then you can safely ignore the rejected untracked shares, as they do not seem to affect your accepted hashrate. So ignore the top summary statistics in this case.
I'm not certain why they're happening, but it looks like it's an incorrect response from Terks software.

[Neon001]

Hi...
it seems, that my numbers in sgminer are worse, than what the website tells me, can you please tell me, if I really loose 30-40% of my work? (see screenshot 1). Below I have 2 screenshots of other pools I tried, seems I don't have that issue there.

Is there anything I can do about this myself?

If you're mining on Clevermining, then you can safely ignore the rejected untracked shares, as they do not seem to affect your accepted hashrate. So ignore the top summary statistics in this case.
I'm not certain why they're happening, but it looks like it's an incorrect response from Terks software.

+1.  This needs to be in a sticky or somewhere very obvious that folks can see.  Lots of folks asking about this. 

Ignore CGWatcher rejected shares.  Only rejects that matter are the ones tracked on the website. 

[DBSDBS]

Hi Terk

4.5 MH/s 24-hour Average

Last Payout   11 hours ago

Recent Payouts
March 7, 2014 5:55am   0.01126142



Current Balances
Immature   0.00908261 BTC
Unexchanged   0.02438900 BTC
Ready For Payout   0.00788827 BTC
Total Expected   0.04135988 BTC


Just one payment for 17 hours with 4.5 MH/s 24-hour Average     

For 11 hours I have just : 0.00788827 BTC  Ready For Payout

What's the problem

[ghur]

What's the problem

Altcoins took a dive. All pools are suffering.

[nlsupernova]

I've switched to http://www.coinmine.pw for the time being until things pick back up for clevermining and the other pools. I like that coinmine.pw actualy supports vardiff too Something clevermining use to support once a upon a time.

Do they have the auto-payout in BTC feature? Or is it just another multipool?

No autosell, you have to trade the coins manually/yourself.

It's easy to claim high profitability if you don't exchange to BTC and don't deliver BTC. Guess what. There's a coin which can give 180% LTC theoretical profitability. The only problem is that it's only on some very niche exchanges and its trading volume is 1 BTC/day and orders depth is for 0.1 BTC. The 180% LTC is purely theoretical. You can have it for 0.1 BTC worth of coins and then you need to go back to less profitable coins for the other 99.9 BTC.

CleverMining is about real profits, not theoretical speculation. I'm not going to leave you with bunch of niche coins which you won't know what to do with. Mining coins is only part of the equation. You need to actually sell them to get your profits. It's worthless to make profitability stats based on coins which you won't be able to sell.

The altcoins market is really bad these days but I'm working very hard to deliver the best profitability among coin-switching pools. What I've been working on for the whole night I think is working well, as we're back to 127% LTC profitability from 100% yesterday, while other pools are still down (Waffle stats page show today 0.0059 which is 90% LTC).

But you have the option to hold on to the coins you mined to next week or so, by then the price is up and the revenue for this days mining is higher then exchanging right away.

Just set selling price 20 percent higher as current prices, and your mining returns are 20 percent higher

It this... is this kid for real? I mean, you for real?

It works for me rather well. If markets are bad i usually switch to hashcows, take a few coins i feel will bounce back out of autotrade, and set the sell price at cryptsy at higher value. Never had to sell any oF these coins under the price they where when they where mined. So to me that made the day they where mined extra profitable.
 Isnt that hard.
And it works wonders if you dont need the btc right away.