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

[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

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.

Nice work.  We are sending tons of hash your way, hope you guys keep it up

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[Trog]

New miner @ clevermining. My hash rate as shown by you is half the hash rate as shown directly by the miner when I access the software via the controller's IP address. I have not set difficulty, but was wondering why the difference in hash rates.

[d3v]

Guys I've just been told my mining farm which consists of...
1x antminer s3
1x antminer s2
1x spoondliestech dawson sp1x

...is not able to run on the CleverMining pool due to the hardware being sha256-based and not "scrypt-based" is this true?

[vm_mpn]

Guys I've just been told my mining farm which consists of...
1x antminer s3
1x antminer s2
1x spoondliestech dawson sp1x

...is not able to run on the CleverMining pool due to the hardware being sha256-based and not "scrypt-based" is this true?

Yes, it's true - https://en.bitcoin.it/wiki/Comparison_of_mining_pools

[dmz241]

Guys I've just been told my mining farm which consists of...
1x antminer s3
1x antminer s2
1x spoondliestech dawson sp1x

...is not able to run on the CleverMining pool due to the hardware being sha256-based and not "scrypt-based" is this true?

Yep there are other pools. You can check out cex link in my referrals they have a great pool at ghash with 0% pool fee. They are one of the top pools for sha.

[psychofractor]

I have changed BTC mining address, how can I empty the previous account? I have this, and it has been like this for several weeks:

Current Balances
Immature   0.00027272 BTC
Unexchanged   0.00001085 BTC
Ready For Payout   0.00002842 BTC
Total Expected   0.00031199 BTC

I can PM the BTC address.

[byt411]

I have changed BTC mining address, how can I empty the previous account? I have this, and it has been like this for several weeks:

Current Balances
Immature   0.00027272 BTC
Unexchanged   0.00001085 BTC
Ready For Payout   0.00002842 BTC
Total Expected   0.00031199 BTC

I can PM the BTC address.

You cannot. The minimum weekly payment is 0.001BTC.

[nummusVVV]

I have noticed that after I mine a bit on clevermining then switch to a different pool, periodically, my btc profit drops a little every so often.  Why is that?  I don't see anything regarding that in the FAQ section. 

[dmz241]

I have noticed that after I mine a bit on clevermining then switch to a different pool, periodically, my btc profit drops a little every so often.  Why is that?  I don't see anything regarding that in the FAQ section. 

well you have to see the hourly rate and what profitability is being run that hour.

[Trog]

I have invested in scrypt miners to mine for scrypt coins. I admire what you are doing but suggest that a scrypt payout option be available.

[psychofractor]

I have changed BTC mining address, how can I empty the previous account? I have this, and it has been like this for several weeks:

Current Balances
Immature   0.00027272 BTC
Unexchanged   0.00001085 BTC
Ready For Payout   0.00002842 BTC
Total Expected   0.00031199 BTC

I can PM the BTC address.

You cannot. The minimum weekly payment is 0.001BTC.

Why are there immature and unexchanged coins left?

[suchmoon]

I have changed BTC mining address, how can I empty the previous account? I have this, and it has been like this for several weeks:

Current Balances
Immature   0.00027272 BTC
Unexchanged   0.00001085 BTC
Ready For Payout   0.00002842 BTC
Total Expected   0.00031199 BTC

I can PM the BTC address.

You cannot. The minimum weekly payment is 0.001BTC.

Why are there immature and unexchanged coins left?

Probably this:

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

[nummusVVV]

I have noticed that after I mine a bit on clevermining then switch to a different pool, periodically, my btc profit drops a little every so often.  Why is that?  I don't see anything regarding that in the FAQ section. 

well you have to see the hourly rate and what profitability is being run that hour.

I understand that.  Sorry but let me be more specific.  After mining and once my hashrate drops to zero, I know that I have no activity going on which only results in the 4 stages of profit (e.g. immature, unexchanged, ready for payout, and total profit.  Well, a few hours afterwards, regardless of what stage the coins are in, I still can view the total profit which under normal circumstances or logic leads me to believe that eventually the different stages of btc will eventually mature and be ready for payout.  I have been noticing this the past few days that my total profit every so often, whether it be a few hours, 1/2 day, or full day about .0000001 to .0000002 just disappears and my total profit slowly diminishes.  I'm looking for an explanation why that is happening.  

[suchmoon]

I have noticed that after I mine a bit on clevermining then switch to a different pool, periodically, my btc profit drops a little every so often.  Why is that?  I don't see anything regarding that in the FAQ section. 

well you have to see the hourly rate and what profitability is being run that hour.

I understand that.  Sorry but let me be more specific.  After mining and once my hashrate drops to zero, I know that I have no activity going on which only results in the 4 stages of profit (e.g. immature, unexchanged, ready for payout, and total profit.  Well, a few hours afterwards, regardless of what stage the coins are in, I still can view the total profit which under normal circumstances or logic leads me to believe that eventually the different stages of btc will eventually mature and be ready for payout.  I have been noticing this the past few days that my total profit every so often, whether it be a few hours, 1/2 day, or full day about .0000001 to .0000002 just disappears and my total profit slowly diminishes.  I'm looking for an explanation why that is happening.  

Probably because your immature and unexchanged coins had a decrease in estimated exchange rates. Also see the link I posted above, which explains that not all immature/unexchanged may become "ready for payout".

[nummusVVV]

Thank you.  I think that explains it as to why its happening. 

[psychofractor]

I have changed BTC mining address, how can I empty the previous account? I have this, and it has been like this for several weeks:

Current Balances
Immature   0.00027272 BTC
Unexchanged   0.00001085 BTC
Ready For Payout   0.00002842 BTC
Total Expected   0.00031199 BTC

I can PM the BTC address.

You cannot. The minimum weekly payment is 0.001BTC.

Why are there immature and unexchanged coins left?

Probably this:

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

Ok, thanks!

[neutrinocoin]

Please add Neutrino to your pool. The technical specs are here: http://www.neutrinodigitalcurrency.com/neutrino-specifications

[Snoz]

Is there any chance of getting a server up in Singapore or anywhere closer to Australia?
Singapore's load time is nearly 40-45% better than US's here, EU is even higher than US.

Here's a result from a node checker from another pool.

EU load time is undefined msec
US load time is 604 msec
CA load time is 607 msec
CN load time is 644 msec
SG load time is 385 msec
BR load time is 989 msec

 

Snoz.

[Newar]

Stats seem broken.

They are mining, but no info on the pool page. This is a rig that has been going for a while with no problems on this pool so far.

[elduderino]

Hey there... Is there anyone who might be willing to share what kind of payout they get with roughly 27-30 MH/s of hashing on this pool?

Thanks!