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

[toxic0n]

Small update to the Clevermining Widget for Android
- Added support for Rejected percentage
- Fixed bug that caused the auto refresh to be executed at a higher frequency than specified





https://play.google.com/store/apps/details?id=com.inductiveconcepts.cleverminingwidget

[dmz241]

Just a really quick question. I wanted to have 2 workers mining here how do I go about that on one address. I currently put one worker on the eu server and the other one us server I assume that they payouts wont be effected using different servers.

Secondly great job with that widget I will take look at the app.

Also is there a way we can get an option for converting to ltc instead of btc. I believe the price of ltc has declined due to everyone wanting to convert to btc and not ltc if a user has that option for his account it will be great to have.

[Terk]

Just a really quick question. I wanted to have 2 workers mining here how do I go about that on one address. I currently put one worker on the eu server and the other one us server I assume that they payouts wont be effected using different servers.

Secondly great job with that widget I will take look at the app.

Also is there a way we can get an option for converting to ltc instead of btc. I believe the price of ltc has declined due to everyone wanting to convert to btc and not ltc if a user has that option for his account it will be great to have.

You can put as many different miners under one address and everything will work just fine. There will be one payout for all of them, regardless of which server they connect to (they can connect to the same server or to different servers). The only drawback is that you won't have separate stats for individual miners/workers.

LTC payouts is something very high on my todo list but it requires significant changes in how the pool does trading and accounting. I plan to do a major overhaul in this area in October and when it's done, both of two most wanted features should be available - ability to use worker name alongside with username to get separate stats for individual miners and LTC payouts.

[ManeBjorn]

That is great news Terk.
LTC payouts will help strengthen the whole Scrypt ecosystem.
We need to keep publishing lists of where LTC and other alt-coins can be used.  The more they get used the better the value they will hold.

Just a really quick question. I wanted to have 2 workers mining here how do I go about that on one address. I currently put one worker on the eu server and the other one us server I assume that they payouts wont be effected using different servers.

Secondly great job with that widget I will take look at the app.

Also is there a way we can get an option for converting to ltc instead of btc. I believe the price of ltc has declined due to everyone wanting to convert to btc and not ltc if a user has that option for his account it will be great to have.

You can put as many different miners under one address and everything will work just fine. There will be one payout for all of them, regardless of which server they connect to (they can connect to the same server or to different servers). The only drawback is that you won't have separate stats for individual miners/workers.

LTC payouts is something very high on my todo list but it requires significant changes in how the pool does trading and accounting. I plan to do a major overhaul in this area in October and when it's done, both of two most wanted features should be available - ability to use worker name alongside with username to get separate stats for individual miners and LTC payouts.

[dmz241]

Just a really quick question. I wanted to have 2 workers mining here how do I go about that on one address. I currently put one worker on the eu server and the other one us server I assume that they payouts wont be effected using different servers.

Secondly great job with that widget I will take look at the app.

Also is there a way we can get an option for converting to ltc instead of btc. I believe the price of ltc has declined due to everyone wanting to convert to btc and not ltc if a user has that option for his account it will be great to have.

You can put as many different miners under one address and everything will work just fine. There will be one payout for all of them, regardless of which server they connect to (they can connect to the same server or to different servers). The only drawback is that you won't have separate stats for individual miners/workers.

LTC payouts is something very high on my todo list but it requires significant changes in how the pool does trading and accounting. I plan to do a major overhaul in this area in October and when it's done, both of two most wanted features should be available - ability to use worker name alongside with username to get separate stats for individual miners and LTC payouts.

Thanks cant wait ltc payout is more important at this point then workers but it is nice to have so we check if hardware is working right.

Keep up the good work

[teemofie]

Joined this pool last week, I love it, for a novice (like me) it takes all the guess work out of the setup... Only running 4 furys at the moment, but just ordered 6 more and then just need a sound proof booth for them, strying to sleep with them in my bedroom is like having a broken AC unit whirring and grinding away! +23 for this pool!

[midgegaunt]

People who say that profitability is too low, then at the moment yes it is. I for one have spent far to much money on my miners to even contemplate turning them off.
My plan is simple. Cover the cost of mining myself and anything that is mined I will hold for months, maybe years until the price of BTC reaches thousands of $$ instead of hundreds.
Hopefully when BTC becomes more popular and more mainstream, by then the price should hopefully warrant my very expensive mining operation.

[Terk]

I know you're talking about profitability of mining in general, which will always decrease as total hashrate increases every day, but I just wanted to point out that CleverMining has outstanding profitability compared to other mining options.

Our last 5-day average profitability is 133.6% LTC and it seems that we will finish today with ~143% LTC profitability!

[Sauron1]

I know you're talking about profitability of mining in general, which will always decrease as total hashrate increases every day, but I just wanted to point out that CleverMining has outstanding profitability compared to other mining options.

Our last 5-day average profitability is 133.6% LTC and it seems that we will finish today with ~143% LTC profitability!

More profitable means you're losing less money than someone just mining LTC.  **shrug**

"Investing" in mining alt coins in the hope that they'll someday increase in value or that BTC value will increase to the point where it's actually a cash flow positive business strikes me as being a bit delusional.  Look at the numbers and the trend.  The value is slowly but surely approaching zero.  The odds of those coins increasing in value to the point where you can recoup your mining costs are rather long unless you've been doing this for a pretty long time.

Best,

[raskill]

The way the market is spiraling downward with BTC. It would be nice if the daily payouts could be in USD. Based on the rates for that day. Held in Fiat accounts until the preset amount is reached and a check is mailed. To the guy that is holding all his coins: If more people were like you then the system would reward you greatly in the long term. However, you are a rare breed and therefore I think you will lose your shirt if you do not change philosophy!

[skeeterskeeter]

Hello new to the thread but old to the pool. I was wondering I have always been paid out, but I just never understand when the payouts happen. Can anyone explain the scheduling of payouts?

[suchmoon]

Hello new to the thread but old to the pool. I was wondering I have always been paid out, but I just never understand when the payouts happen. Can anyone explain the scheduling of payouts?

http://clevermining.com/about

Daily Payouts with 0.01 BTC minimum payout balance.
Additional weekly payout for small balances (0.001 BTC).

[dmz241]

Is the pool website down. I cant seem to access it.

[sterlingcapital]

I know you're talking about profitability of mining in general, which will always decrease as total hashrate increases every day, but I just wanted to point out that CleverMining has outstanding profitability compared to other mining options.

Our last 5-day average profitability is 133.6% LTC and it seems that we will finish today with ~143% LTC profitability!

Is the profitability of LTC on the website modified to include the free doge coins from the merge mining? to be truly accurate LTC profitability should include how many doge coins mined and sold along with LTC

[Snoz]

I changed btc addresses 3 times now and the two that has been non-active for 1-2 weeks are not zero balance and look like they will never withdraw, I have amounts showing in immature & unexchanged but nothing in the ready for payout total, all be it very small amounts.
 
I'm guessing they are below a minimum amount?

[suchmoon]

I changed btc addresses 3 times now and the two that has been non-active for 1-2 weeks are not zero balance and look like they will never withdraw, I have amounts showing in immature & unexchanged but nothing in the ready for payout total, all be it very small amounts.
 
I'm guessing they are below a minimum amount?

Since there is nothing in the ready for payout amount, you are most likely seeing this:

https://bitcointalk.org/index.php?topic=448649.msg8138087#msg8138087

[Terk]

I know you're talking about profitability of mining in general, which will always decrease as total hashrate increases every day, but I just wanted to point out that CleverMining has outstanding profitability compared to other mining options.

Our last 5-day average profitability is 133.6% LTC and it seems that we will finish today with ~143% LTC profitability!

Is the profitability of LTC on the website modified to include the free doge coins from the merge mining? to be truly accurate LTC profitability should include how many doge coins mined and sold along with LTC

It's not, because I noticed that not every pool mines DOGE with the same efficiency and our efficiency is totally superior to other pools.

Please take a look at recent hashrates of three largest pools mining LTC (according to https://www.litecoinpool.org/pools):

• CleverMining: 305 GH/s (out of which we put 227 GH/s into LTC, but I use our full hashrate here)
• F2Pool: 260 GH/s (we have 117% of their hashrate)
• Coinotron: 132 GH/s (we have 231% of their hashrate)

You would expect that we would mine 1.17x Dogecoins compared to F2Pool and 2.31x Dogecoins compared to Coinotron, yet according to https://chain.so:

• CleverMining has 42.8% Doge network share
• F2Pool has 20.8%, so CleverMining mined 2.06x than them despite having only 1.17x hashpower, that's +76% more DOGE per GH/s than them
• Coinotron has 13.8%, so CleverMining mined 3.10x than them despite having only 2.31x hashpower, that's +34% more DOGE per GH/s than them

These numbers are not results of luck, because of two reasons: we're talking about 500-600 DOGE blocks per day so the sample is high enough to reduce variance; also, it's been like this for days.

So, there's really no standard baseline of LTC+DOGE which we could compare to as it seems that every pool does it with different efficiency. CleverMining has its own stratum server and we wrote our own merged-mining implementation without using any ready-made code. It seems we simply did it better and our implementation is much more superior compared to other pools.

Even if we would be mining only LTC+DOGE, you would earn more at CleverMining than at other pools. On top of that we add mining other scrypt coins what increases our profitability even further. But the only standard baseline to which you can compare is straight LTC mining, because other pools have 30-80% less efficiency in merge-mining DOGE than CleverMining, so there's no "standard" LTC+DOGE across pools. We perform much better even in LTC+DOGE alone and this is why we compare to LTC profitability as baseline.

[Snoz]

Arrhh...  didn't think of that, thanks 

[/quote]

Since there is nothing in the ready for payout amount, you are most likely seeing this:

https://bitcointalk.org/index.php?topic=448649.msg8138087#msg8138087
[/quote]

[williamj2543]

350k mhs! Thats an insane hashrate! When I was here it was only around 1k, and I was making over 0.01 every other day with my 750kh/s. Good days...

[zerxisk]

I didnt see any where but I saw a while ago that X11 scrypt was going to be mined can i do that one yet?