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

[byt411]

Is this a normal reject? Rejected: 37.3kh/s

Yes, that is 3.7% rejected, which is below the Canada server average of 4.2%.

[pekv2]

Is this a normal reject? Rejected: 37.3kh/s

Yes, that is 3.7% rejected, which is below the Canada server average of 4.2%.

Oh, goody.
Thanks for all the help, byt411.

[byt411]

Is this a normal reject? Rejected: 37.3kh/s

Yes, that is 3.7% rejected, which is below the Canada server average of 4.2%.

Oh, goody.
Thanks for all the help, byt411.

No problem, tip me at the address below!
By the way, don't believe your CGMiner's "R:" number, it's wrong.

[pekv2]

Is this a normal reject? Rejected: 37.3kh/s

Yes, that is 3.7% rejected, which is below the Canada server average of 4.2%.

Oh, goody.
Thanks for all the help, byt411.

No problem, tip me at the address below!
By the way, don't believe your CGMiner's "R:" number, it's wrong.

Ain't much, I aint got much, sent 0.001244 = around 50 cents.

[caseking]

Well, I hated to do it, but I just shut down my 7.5 MH/s farm. I had already throttled them back to about 4.5 GH/s to save on the power consumption. Sad. Sad. I hope the buz picks back up again soon. May the force be with us

[Terk]

Today's payout was delayed by two hours because I was working on processing ~50 BTC unexchanged balance from the last three weeks. We had some trades on an exchange which API we had problem with. We couldn't collect our trade history and it was the reason for unexchanged balance being so high recently (trades were made but we couldn't sync them into our database). This is fixed now and we have this exchange running on our automated sync from now on. Payouts are running just now.

[mstrongbow]

Today's payout was delayed by two hours because I was working on processing ~50 BTC unexchanged balance from the last three weeks. We had some trades on an exchange which API we had problem with. We couldn't collect our trade history and it was the reason for unexchanged balance being so high recently (trades were made but we couldn't sync them into our database). This is fixed now and we have this exchange running on our automated sync from now on. Payouts are running just now.

Thanks Terk! 

[alpatcomm]

Hey guys,

I just have two questions about clevermining.com

1. how do you get in contact with them?

2. (The question I would've asked clevermining.com contact(if I could find it)??
So exactly how are the scrypt coins calculated for they're values, during the auto-switch mining, in a 24 hour period before payout in BTC?

For example, is there a time thats set for Daily payout on the site?

Also, say hypothetically the daily payout is every 24 hours, would that mean if a particular crytpo coin was profiting well druing the first 8 hours of the 24 hour period before payout occured and then the coin slumped in value hugely, for the rest of the 24 hour period before pay out....

Would those crytpo coins, therefore be exchanged and paid out in BTC, at their current(hence lower) value?  And therefore not converted to BTC at their most profitable value during the hypothetical 24 hour period?

Please let me know your thoughts crypto guru's.

cheers

Alex

[UdjinM6]

Hey guys,

I just have two questions about clevermining.com

1. how do you get in contact with them?

2. (The question I would've asked clevermining.com contact(if I could find it)??
So exactly how are the scrypt coins calculated for they're values, during the auto-switch mining, in a 24 hour period before payout in BTC?

For example, is there a time thats set for Daily payout on the site?

Also, say hypothetically the daily payout is every 24 hours, would that mean if a particular crytpo coin was profiting well druing the first 8 hours of the 24 hour period before payout occured and then the coin slumped in value hugely, for the rest of the 24 hour period before pay out....

Would those crytpo coins, therefore be exchanged and paid out in BTC, at their current(hence lower) value?  And therefore not converted to BTC at their most profitable value during the hypothetical 24 hour period?

Please let me know your thoughts crypto guru's.

cheers

Alex

I'm not a crypto guru but I have one advice for you - RTFTF (Read The F*cking Thread First)
Start with post one where you can find an answer at least for your first question easily.

Cheers 

[alpatcomm]

Yeah no worries mate. I will get onto that. Was just trying to speed up the process. Sorry if I ticked ya off mate.

Im just after some informative and advise from people unassociated with clevermining.com

Hey guys,

I just have two questions about clevermining.com

1. how do you get in contact with them?

2. (The question I would've asked clevermining.com contact(if I could find it)??
So exactly how are the scrypt coins calculated for they're values, during the auto-switch mining, in a 24 hour period before payout in BTC?

For example, is there a time thats set for Daily payout on the site?

Also, say hypothetically the daily payout is every 24 hours, would that mean if a particular crytpo coin was profiting well druing the first 8 hours of the 24 hour period before payout occured and then the coin slumped in value hugely, for the rest of the 24 hour period before pay out....

Would those crytpo coins, therefore be exchanged and paid out in BTC, at their current(hence lower) value?  And therefore not converted to BTC at their most profitable value during the hypothetical 24 hour period?

Please let me know your thoughts crypto guru's.

cheers

Alex

I'm not a crypto guru but I have one advice for you - RTFTF (Read The F*cking Thread First)
Start with post one where you can find an answer at least for your first question easily.

Cheers 

mining.com

[Terk]

So exactly how are the scrypt coins calculated for they're values, during the auto-switch mining, in a 24 hour period before payout in BTC?

For example, is there a time thats set for Daily payout on the site?

Also, say hypothetically the daily payout is every 24 hours, would that mean if a particular crytpo coin was profiting well druing the first 8 hours of the 24 hour period before payout occured and then the coin slumped in value hugely, for the rest of the 24 hour period before pay out....

Would those crytpo coins, therefore be exchanged and paid out in BTC, at their current(hence lower) value?  And therefore not converted to BTC at their most profitable value during the hypothetical 24 hour period?

I'm not sure what you are asking about. Payouts are not based on some calculated value, but on the real value which the pool got from mining coins.

We mine a coin -> we wait until it's matured and we're able to send it -> we send it to an exchange -> we exchange it into BTC -> we withdraw BTC from exchange -> we pay out to users.

Of course every block can be exchanged at different price, depending on what the best price was available at the time of exchanging. If a coin had a price 1 BTC in the morning but 0.5 BTC in the evening and we mined a block in the afternoon, then of course we will be able to exchange it for only 0.5 BTC because 1 BTC price is long gone. Or maybe you know some method to exchange currencies using either prices from half a day or current prices, whichever you find suitable. I could use such trick! ;-)

[ghur]

2. (The question I would've asked clevermining.com contact(if I could find it)??
So exactly how are the scrypt coins calculated for they're values, during the auto-switch mining, in a 24 hour period before payout in BTC?

The algorithm, etc is all intentionally private.
It has to be for clevermining to stay competitive.

It's a black box, you give it hash, clevermining gives you btc.
You can check the daily stats to see if that's something you want to participate in.

[punisher1]

btc adress : 1Bwp83DtsaN913AdJRyfaPS983YaFFpSB2
i still have Unexchanged   0.00078495 BTC ..

[UniMatrixZ]

Hmm unexchanged balance is building up, and nothing on earned balance since last payout.
Something wrong?
 

[Terk]

Hmm unexchanged balance is building up, and nothing on earned balance since last payout.
Something wrong?

Nothing's wrong. Coins are marked as exchanged when BTC is withdrawn from exchanges and we withdraw manually in batches. It always jumps from unexchanged to exchanged just few times a day.

[UniMatrixZ]

Hmm unexchanged balance is building up, and nothing on earned balance since last payout.
Something wrong?

Nothing's wrong. Coins are marked as exchanged when BTC is withdrawn from exchanges and we withdraw manually in batches. It always jumps from unexchanged to exchanged just few times a day.

Great, then I know.
Thank you!

[Romulo]

Yeah no worries mate. I will get onto that. Was just trying to speed up the process. Sorry if I ticked ya off mate.

Im just after some informative and advise from people unassociated with clevermining.com

Hey guys,

I just have two questions about clevermining.com

1. how do you get in contact with them?

2. (The question I would've asked clevermining.com contact(if I could find it)??
So exactly how are the scrypt coins calculated for they're values, during the auto-switch mining, in a 24 hour period before payout in BTC?

For example, is there a time thats set for Daily payout on the site?

Also, say hypothetically the daily payout is every 24 hours, would that mean if a particular crytpo coin was profiting well druing the first 8 hours of the 24 hour period before payout occured and then the coin slumped in value hugely, for the rest of the 24 hour period before pay out....

Would those crytpo coins, therefore be exchanged and paid out in BTC, at their current(hence lower) value?  And therefore not converted to BTC at their most profitable value during the hypothetical 24 hour period?

Please let me know your thoughts crypto guru's.

cheers

Alex

I'm not a crypto guru but I have one advice for you - RTFTF (Read The F*cking Thread First)
Start with post one where you can find an answer at least for your first question easily.

Cheers 

mining.com

Have you tried already at 700 Mhz?

[byt411]

Yeah no worries mate. I will get onto that. Was just trying to speed up the process. Sorry if I ticked ya off mate.

Im just after some informative and advise from people unassociated with clevermining.com

Hey guys,

I just have two questions about clevermining.com

1. how do you get in contact with them?

2. (The question I would've asked clevermining.com contact(if I could find it)??
So exactly how are the scrypt coins calculated for they're values, during the auto-switch mining, in a 24 hour period before payout in BTC?

For example, is there a time thats set for Daily payout on the site?

Also, say hypothetically the daily payout is every 24 hours, would that mean if a particular crytpo coin was profiting well druing the first 8 hours of the 24 hour period before payout occured and then the coin slumped in value hugely, for the rest of the 24 hour period before pay out....

Would those crytpo coins, therefore be exchanged and paid out in BTC, at their current(hence lower) value?  And therefore not converted to BTC at their most profitable value during the hypothetical 24 hour period?

Please let me know your thoughts crypto guru's.

cheers

Alex

I'm not a crypto guru but I have one advice for you - RTFTF (Read The F*cking Thread First)
Start with post one where you can find an answer at least for your first question easily.

Cheers 

mining.com

Have you tried already at 700 Mhz?

What the heck are you talking about?

So exactly how are the scrypt coins calculated for they're values, during the auto-switch mining, in a 24 hour period before payout in BTC?

For example, is there a time thats set for Daily payout on the site?

Also, say hypothetically the daily payout is every 24 hours, would that mean if a particular crytpo coin was profiting well druing the first 8 hours of the 24 hour period before payout occured and then the coin slumped in value hugely, for the rest of the 24 hour period before pay out....

Would those crytpo coins, therefore be exchanged and paid out in BTC, at their current(hence lower) value?  And therefore not converted to BTC at their most profitable value during the hypothetical 24 hour period?

I'm not sure what you are asking about. Payouts are not based on some calculated value, but on the real value which the pool got from mining coins.

We mine a coin -> we wait until it's matured and we're able to send it -> we send it to an exchange -> we exchange it into BTC -> we withdraw BTC from exchange -> we pay out to users.

Of course every block can be exchanged at different price, depending on what the best price was available at the time of exchanging. If a coin had a price 1 BTC in the morning but 0.5 BTC in the evening and we mined a block in the afternoon, then of course we will be able to exchange it for only 0.5 BTC because 1 BTC price is long gone. Or maybe you know some method to exchange currencies using either prices from half a day or current prices, whichever you find suitable. I could use such trick! ;-)

If you don't understand, it means that the coins are exchanged ASAP, once they mature.

[GolfCabalist]

Thanks.

Today's payout was delayed by two hours because I was working on processing ~50 BTC unexchanged balance from the last three weeks. We had some trades on an exchange which API we had problem with. We couldn't collect our trade history and it was the reason for unexchanged balance being so high recently (trades were made but we couldn't sync them into our database). This is fixed now and we have this exchange running on our automated sync from now on. Payouts are running just now.

[Don007]

It's sad to see the averages are this low currently.. (Because of the decreasing value of Scrypt coins).. Do you guys think we will hit the 0.009 BTC / MH / D again someday? Like we did at the 19th of April.

Personally, I think the rewards keep decreasing (as more Scrypt ASICS are coming on the market; more hashrate..)