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

[SamboNZ]

So regarding the recent significant dip in mining profits across all pools; has this kind of thing happened in the past?  Does anyone know of anywhere I can get long term (multiple months) profitability statistics from? 

I'm fairly new to mining and haven't gone through any similar situations myself, so any history lessons from the more experienced miners here would be greatly appreciated

[dloganbill]

Does Clevermining have a stats monitoring equivalent to wafflestats(link)? I got into the habit of always leaving it open on my desktop at work. The tab always displays my current hashrate and the graphs are amazing.

[haggis]

Does Clevermining have a stats monitoring equivalent to wafflestats(link)? I got into the habit of always leaving it open on my desktop at work. The tab always displays my current hashrate and the graphs are amazing.

Did you ever visit clevermining.com? 
Just type your BTC address into the search field on the left or call directly http://www.clevermining.com/users/YOUR_BTC_ADDRESS

[dloganbill]

Yes of course I have.  It doesn't auto update nor do you have any control over the graphs (resolution or range).  Have you ever been to wafflestats?  Night and day improvement.  He also gives the ability to send out notifications if hashrate drops below your specified rate.  This is an easy way to get an early warning sign that something is wrong with a rig.
http://waffles.wilschrader.com/stats?address=192wH2yhWVyjiUkzf2qppnATSvmQkuMsxA

As mentioned, my favorite feature is that my current hashrate is displayed in the tab of my browser.  You can check up on things with just a glance.  

[quakefiend420]

The hashrate increase here has been amazing to watch.  When I started we had 400MH in the whole pool!

[tengattack]

payout delay?
my btc address is 1NUj3PxZJYw2YakA5nSkL4tMZeg2cPfZ7K
stats shows 0.03421174 BTC ready for payout

[PCMiner]

payout delay?
my btc address is 1NUj3PxZJYw2YakA5nSkL4tMZeg2cPfZ7K
stats shows 0.03421174 BTC ready for payout

As mentioned several times.  Payouts now happen only once a day.

[Pistol47]

I have registered just to say... change payouts back to how it was previously.

[Echoenigma]

I have registered just to say... change payouts back to how it was previously.

But you don't say why.
Is there a particular reason you want them to go back?

[splashdash]

This pool rocks my world!! 

[nlsupernova]

So regarding the recent significant dip in mining profits across all pools; has this kind of thing happened in the past?  Does anyone know of anywhere I can get long term (multiple months) profitability statistics from? 

I'm fairly new to mining and haven't gone through any similar situations myself, so any history lessons from the more experienced miners here would be greatly appreciated

Yeah, in januari it was just as bad.  Will turn around again

[Pistol47]

I have registered just to say... change payouts back to how it was previously.

But you don't say why.
Is there a particular reason you want them to go back?

Payouts more regular, access to BTC sooner.

A feature of Clevermining has been removed because people can't do maths?

[PCMiner]

I have registered just to say... change payouts back to how it was previously.

But you don't say why.
Is there a particular reason you want them to go back?

Payouts more regular, access to BTC sooner.

A feature of Clevermining has been removed because people can't do maths?

It's a lot easier when you get one payout a day in my opinion.  I'm not pulling in dozens of BTC a day though.  5 x .01 daily payments or a single .05 one.... I'd prefer the .05.   Lowers transaction fees later when you try to move coins around. 

[Dishes]

I have registered just to say... change payouts back to how it was previously.

But you don't say why.
Is there a particular reason you want them to go back?

Payouts more regular, access to BTC sooner.

A feature of Clevermining has been removed because people can't do maths?

Don't see how it matters either way if you still get your daily payout. Do you really need your ~$6 right away?

[idontmind]

what scares me more is the daily earnings..... 9MH/s went down from almost 0.1BTC to 0.05893071 BTC which is like 40% drop over the last week..

0.00666 BTC/day per MH/s <= what a scary number.....

[tengattack]

payout delay?
my btc address is 1NUj3PxZJYw2YakA5nSkL4tMZeg2cPfZ7K
stats shows 0.03421174 BTC ready for payout

As mentioned several times.  Payouts now happen only once a day.

ahhh, i see

[merkin]

Is this the most popular auto miner ?

I was using middlecoin before.. apparently it's not so good anymore..

Why do you guys like this one ?

[SamboNZ]

So regarding the recent significant dip in mining profits across all pools; has this kind of thing happened in the past?  Does anyone know of anywhere I can get long term (multiple months) profitability statistics from? 

I'm fairly new to mining and haven't gone through any similar situations myself, so any history lessons from the more experienced miners here would be greatly appreciated

Yeah, in januari it was just as bad.  Will turn around again

Cheers mate, appreciate the info!

[inedenimadam]

Saw something about East Coast server in the near future on twitter.  Got me excited.  Any news on that?

[Terk]

I have registered just to say... change payouts back to how it was previously.

I don't really see a reason why anyone might need that, except maybe perverse waiting for sudden beeps from your wallet on incoming transactions, because you never knew what time(s) of day your payouts would be sent.

If your profits are > 0.01/day then you just have one payout per day and 24h interval between payouts doesn't matter much - you still have your profits on a regular basis.

If your profits are < 0.01/day then it really didn't change much for you. Before, you might get your 0.01 BTC payout every ~36 hours. Now you will get ~0.013 BTC payout every 48 hours.

A very positive side-effect of this change is that payout transactions should be included in the blockchain (get confirmed) much quicker than before. Hourly transactions were usually spending Bitcoins which were last moved an hour before (were the change of previous payout) what combined with huge transaction size and minimal transaction fees gave them low priority. Some payouts were waiting even two hours to be confirmed. Now payouts are spending Bitcoins which were moved several hours ago, so their priority is several times higher. Bitcoin transaction priority depends on fee per 1 kB of transaction and age of inputs being used to build transaction.

I'm looking forward Bitcoin v0.9 which is supposed to lower minimal transaction fees from 0.0001 BTC to 0.00001 BTC per 1 kB. If the effective fee required to be included in blockchain by miners really will decrease into this level, we will switch to daily payouts for a minimum 0.001 BTC (not 0.01 BTC as it's today).