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

[Frais]

Out of curiosity, the Clevermining states the following: We automatically exchange all mined coins into Bitcoins and pay out entirely in Bitcoins for your convenience.

This is the Clevermining's  Guldencoin deposit wallet on Bittrex: https://explorer.guldencoin.com/#/address/GQsUGhJiKTA35ysmVDMsASHPdXWxbDoqoN

At this moment over 3.7 million Guldencoins aren't sold, all those Guldencoins are mined with the help of your users but didn't reach the Bittrex exchange. Clevermining is stacking up, can you justify this toward your users?

[Ibistru]

Out of curiosity, the Clevermining states the following: We automatically exchange all mined coins into Bitcoins and pay out entirely in Bitcoins for your convenience.

This is the Clevermining's  Guldencoin deposit wallet on Bittrex: https://explorer.guldencoin.com/#/address/GQsUGhJiKTA35ysmVDMsASHPdXWxbDoqoN

At this moment over 3.7 million Guldencoins aren't sold, all those Guldencoins are mined with the help of your users but didn't reach the Bittrex exchange. Clevermining is stacking up, can you justify this toward your users?

Possibly the cause is that it is not easy to sell them. Let's be honest, who in her sane mind is going to give away good, valuable bitcoins in order to buy that shit? I am surprised that there is some market at all for those scamcoins.

[suchmoon]

Out of curiosity, the Clevermining states the following: We automatically exchange all mined coins into Bitcoins and pay out entirely in Bitcoins for your convenience.

This is the Clevermining's  Guldencoin deposit wallet on Bittrex: https://explorer.guldencoin.com/#/address/GQsUGhJiKTA35ysmVDMsASHPdXWxbDoqoN

At this moment over 3.7 million Guldencoins aren't sold, all those Guldencoins are mined with the help of your users but didn't reach the Bittrex exchange. Clevermining is stacking up, can you justify this toward your users?

So is the problem that CM is dumping the coins or holding the coins?

If that is really a Bittrex deposit address, you can't possibly know if the coins are sold or not. Exchange trades are off-chain and deposit addresses belong to the exchange, not to the user. So CM could be holding 44 million NLG or zero or anything in between.

[veertje]

I think it is the main NLG-address of Clever https://explorer.guldencoin.com/#/address/GQsUGhJiKTA35ysmVDMsASHPdXWxbDoqoN, not at bittrex?

Edit: it seems that is indeed the address on bittrex. Mined coins are sent from this address https://explorer.guldencoin.com/#/address/Gf7wGAwJGDLfoHcNCRLKZqpk2EQU5ixA6c to that on bittrex. So it looks like stash of CM stiill on bittrex and holded, as it seems a deposit address.

Miners at CM are being used here for own provit as it seems? If so, I think the miningpower of miners here is abused in two ways: Raping good crypto atm and CM holding coins for own provit later on, what should be for the miners here. Miners at CM wake up or ask also some clearance on this.

https://explorer.guldencoin.com/#/address/GQsUGhJiKTA35ysmVDMsASHPdXWxbDoqoN

At this moment over 3.7 million Guldencoins aren't sold, all those Guldencoins are mined with the help of your users but didn't reach the Bittrex exchange. Clevermining is stacking up, can you justify this toward your users?

Again:

Support appreciated. Dedicated miners are welcome, if you see this is in no way a good thing and are willing support good crypto   Almost 70 merchants in the Netherlands now and growing and nice projects coming. We can already buy clothes, coffee, beer, wine, get a massage, lasertreatment, buy books, buy design lamps, buy games, buy services, buy snacks, buy Subway sandwiches etc, etc. with Guldencoin. Support crypto, support Guldencoin. Together with bitcoin we make crypto work in the Netherlands.

Nice projects coming up.

-----------------------------------------------------------
We welcome visitors at Guldencoin, that see this is no good in anyway what Clever is doing to crypto in general.

ANN: https://bitcointalk.org/index.php?topic=554412.0
Official website: https://guldencoin.com
https://bittrex.com/Market/Index?MarketName=BTC-NLG

Mining is possible here:

http://criptoe.com/
http://guldenpool.nl:27100
https://nlg.hardcoreminers.com

[ny2cafuse]

Out of curiosity, the Clevermining states the following: We automatically exchange all mined coins into Bitcoins and pay out entirely in Bitcoins for your convenience.

This is the Clevermining's  Guldencoin deposit wallet on Bittrex: https://explorer.guldencoin.com/#/address/GQsUGhJiKTA35ysmVDMsASHPdXWxbDoqoN

At this moment over 3.7 million Guldencoins aren't sold, all those Guldencoins are mined with the help of your users but didn't reach the Bittrex exchange. Clevermining is stacking up, can you justify this toward your users?

So is the problem that CM is dumping the coins or holding the coins?

If that is really a Bittrex deposit address, you can't possibly know if the coins are sold or not. Exchange trades are off-chain and deposit addresses belong to the exchange, not to the user. So CM could be holding 44 million NLG or zero or anything in between.

If CM is supposed to be all about profit for the miners, why would the pool be sitting on coins?  Wouldn't you need to sell the coins to make the profit?  If the pool is sitting on coins, wouldn't that make you upset if you knew that the pool op was using the pool not for profit, but rather to continue to disrupt a chain out of spite?  I'm sure a lot of miners would like to know the answer to why there could possibly be 4 million coins sitting in storage.  My guess is that this is exactly what is going on- once an algorithm change is made, and CM is kicked off the chain, Terk has enough leverage to highly manipulate price.

If there is a held cache of coins, then why hold instead of paying the miners?  Seems like he's robbing the miners if that's the case.  So what's the reasoning?  I'll let Terk answer that... oh yeah... nm.

Possibly the cause is that it is not easy to sell them. Let's be honest, who in her sane mind is going to give away good, valuable bitcoins in order to buy that shit? I am surprised that there is some market at all for those scamcoins.

Ibistru, just curious... are you one of those "Bitcoin is the only true coin" fanatics, or are you just opposed to researching things before you comment on them?  You seem to think you have Gulden pegged for a scam coin, but I'm guessing you've never even checked it out.  It's hard to call something a scam coin when it's used daily by a large group of people.  I think you forget that traditional financial thinkers(fiat lovers) still call Bitcoin a scam.  Honestly, though, read the thread before you call it a scam coin again.  You're making yourself sound obtuse.

-Fuse

[LTEX]

Possibly the cause is that it is not easy to sell them. Let's be honest, who in her sane mind is going to give away good, valuable bitcoins in order to buy that shit? I am surprised that there is some market at all for those scamcoins.

To be honest? I AM!!!

I hereby openly offer 400sat for each and every one of those shitcoins! So Terk, be the hero to your miners once more, sell them directly to me! Make your miners the profit you promised them!

[Jero]

Possibly the cause is that it is not easy to sell them. Let's be honest, who in her sane mind is going to give away good, valuable bitcoins in order to buy that shit? I am surprised that there is some market at all for those scamcoins.

To be honest? I AM!!!

I hereby openly offer 400sat for each and every one of those shitcoins! So Terk, be the hero to your miners once more, sell them directly to me! Make your miners the profit you promised them!

+1 for LTEX

and...

Yes, Guldencoin is a growing diamond between a lot of, well, less serious, coins. There is great support and a growing community who cares and knows what the near future will bring. Look, for example, at the growing amount of off- and online merchants etc etc etc

There is a great offer from LTEX now, I suggest take it and stop raping the Guldencoin network. This will give us the time to react at multipools and  in the meantime service all merchants and their customers in the way crytpo's should do. So we don't disappoint possible (new) crypto users!

@Terk: you're the men, handle it the right way, you know why 

[edonkey]

If the Guldencoin devs wanted to avoid multipool shenanigans, why did they pick the Scrypt algorithm? Why not just fork to some ASIC/multipool resistant algorithm and fade into obscurity?

Can you say "Vertcoin"?

[Jero]

If the Guldencoin devs wanted to avoid multipool shenanigans, why did they pick the Scrypt algorithm? Why not just fork to some ASIC/multipool resistant algorithm and fade into obscurity?

Can you say "Vertcoin"?

There you have a point. But it was just not foreseen during the days of GPU mining.
Right now the devs try to handle this, and once ok there will be an algo chance for sure.

In the meantime we ask Clevermining to respect our network stability.
That's all we ask, for our merchants and their customers and for the name of crypto in general.

Hope you guys understand and will respect Guldencoin as we will respect multipools now and in the future.

Thanks!

[Ibistru]

In the meantime we ask Clevermining to respect our network stability.
That's all we ask, for our merchants and their customers and for the name of crypto in general.

Hope you guys understand and will respect Guldencoin as we will respect multipools now and in the future.

We, the community of Clevermining, reply "No, thanks". Argument closed.

Besides, raping shitcoins is part of the fun!

[veertje]

We, the community of Clevermining, reply "No, thanks". Argument closed.

Besides, raping shitcoins is part of the fun!

Are you speaking in name of all of your miners? I just hear you do the talking about raping of Guldencoin.

We welcome dedicated miners for Guldencoin, that see this is no good in anyway what Clever is doing especially to Guldencoin. Bitcoin and Guldencoin join hands in the Netherlands. Realise that. See below to mine a good crypto.

ANN: https://bitcointalk.org/index.php?topic=554412.0
Official website: https://guldencoin.com
https://bittrex.com/Market/Index?MarketName=BTC-NLG

Mining is possible here:

http://criptoe.com/
http://guldenpool.nl:27100
https://nlg.hardcoreminers.com

[Flep182]

<snip>

Are you speaking in name of all of your miners? I just hear you do the talking.

Don't bite.

[SkadAg123]

hello,

I ve got problem with payout.
At first 25-26Dec i saw an amount at my wallet, i tried to send money, but attempt was not realized.
It made me reset blockchain, but nothing changed.

I received amount that is 100 times less than announced. where is the difference?

Please advise.

[btcdrak]

Viacoin now supports scrypt merged mining. I would like to request this is added to CleverMining.

[JCaferJr]

Am I missing something obvious on the manual difficulty setting?  I have everything set up as described on the site and it still uses vardiff.  I've tried the password as "d=128" and "d=0128" and nothing.

Thanks

[AussieMiner_A2]

 

Why does the Clevermining Pool Operator hoard Litecoins in up to 5 different LTC addresses.  In the last 500 blocks, clevermining has accounted for 10% of the network hashrate and blocks mined.  50 blocks.  In the last 7 hours since the new round begun the Pool operator has kept 800 LTC in one of his Clevermining LTC adddress from all blocks mined in the last 7 hours accounting for 6.88 BTC (800 x 0.0086BTC) of the total of 10.8805 BTC which are actually reported in the stats on the 24 hour breakdown profitability page.

Dodgy if you ask me.  244Gh/s Multipool with 10% pointed at LTC permanently, using a switching system rotating your miners in and out of the swarm that are actually mining Litecoin at any given time.  If you check the Dogecoin mined it's even worse. Major hoarding and not cashing out miners profits.

Deep pockets these pool operators.

BTCBTCBTC for Miners BTCBTCBTC

 

[ny2cafuse]

Why does the Clevermining Pool Operator hoard Litecoins in up to 5 different LTC addresses.  In the last 500 blocks, clevermining has accounted for 10% of the network hashrate and blocks mined.  50 blocks.  In the last 7 hours since the new round begun the Pool operator has kept 800 LTC in one of his Clevermining LTC adddress from all blocks mined in the last 7 hours accounting for 6.88 BTC (800 x 0.0086BTC) of the total of 10.8805 BTC which are actually reported in the stats on the 24 hour breakdown profitability page.

Dodgy if you ask me.  244Gh/s Multipool with 10% pointed at LTC permanently, using a switching system rotating your miners in and out of the swarm that are actually mining Litecoin at any given time.  If you check the Dogecoin mined it's even worse. Major hoarding and not cashing out miners profits.

Deep pockets these pool operators.

BTCBTCBTC for Miners BTCBTCBTC

 

Honestly doesn't surprise me.  There's a possibility that he's doing this with NLG as well.  Using pool miners to mine the coin, then hoarding a considerable amount instead of selling to pay the miners.

I'll let Terk speak for himself though...............................

-Fuse

[Ibistru]

Honestly doesn't surprise me.  There's a possibility that he's doing this with NLG as well.  Using pool miners to mine the coin, then hoarding a considerable amount instead of selling to pay the miners.

Yes I am quite sure Terk is hoarding NLG. I bet this was his secrete purpose from the beginning, when he set up the pool: to hoard as many NLG as possible. That shitcoin is going to the moon after all, isn't it?

[ny2cafuse]

Honestly doesn't surprise me.  There's a possibility that he's doing this with NLG as well.  Using pool miners to mine the coin, then hoarding a considerable amount instead of selling to pay the miners.

Yes I am quite sure Terk is hoarding NLG. I bet this was his secrete purpose from the beginning, when he set up the pool: to hoard as many NLG as possible. That shitcoin is going to the moon after all, isn't it?

Oh man... you're full of lulz.  One day you'll open your eyes and see the nose on your face.

I don't care what Terk's intention is, was, will be... doesn't matter at this point.  He's a shady pool op in my books now.  One that won't even speak for himself in his own thread.  One that uses mouthpiece lackeys to stick up for him instead of answering questions about whether or not he's skimming off the top instead of paying miners, why he's raping a coin because he thinks he's hashrate god, and why he won't answer for himself... ever.

You stand up for him blindly like an obedient lapdog.  Why?  For a few mLTC a day?  That's really sad.  I honestly feel sorry for you and those like you.

-Fuse

[Ibistru]

Oh man... you're full of lulz.  One day you'll open your eyes and see the nose on your face.

I don't care what Terk's intention is, was, will be... doesn't matter at this point.  He's a shady pool op in my books now.  One that won't even speak for himself in his own thread.  One that uses mouthpiece lackeys to stick up for him instead of answering questions about whether or not he's skimming off the top instead of paying miners, why he's raping a coin because he thinks he's hashrate god, and why he won't answer for himself... ever.

You stand up for him blindly like an obedient lapdog.  Why?  For a few mLTC a day?  That's really sad.  I honestly feel sorry for you and those like you.

I am sorry to disappoint you I don't stand up for him. I have no idea who Terk is and I have no attachment whatsoever to him.
It is just that I like raping shitcoins, it makes my mining feel twice useful.