[CLOSING DOWN] ScryptGuild Auto-Switching Pool

[Sir Alan]

Bitcoin (BTC)
0.01068054
Smartcoin (SMC)
182.21431371
 
Approx. BTC Value
0.01127274

why Conversion Smartcoin not?

Possibly because it's more like BTC0.00068330 (at the time of writing, Cryptonator is showing a conversion rate of 0.00000375).  At that rate of exchange you would need at least SMC 267 to meet the minimum selling threshold.  Of course, other exchanges may show different rates, and the rates may vary from minute to minute.

[1714819359]

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[1714819359]

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[dhsc19]

Also, how about stats like btc/mhash daily etc...
I know numerous people have asked for this in this thread, but you somehow don't want to do it.

I'm wondering why the hangup or the silence over this topic as well.  As I think about it, I am wondering if the reason why a daily pool average is not entirely desirable for this particular pool is because one cannot assume that the pool auto-converts 100% of the coins to BTC (since each user has the option not to...and I'm sure there are a number that do not, including myself).  So, this pool's daily average is not an actual BTC amount, but an estimate.  Still, I would rather hear an explanation than to have the topic completely ignored altogether.

In my opinion, these daily averages give you false sense of what pool is better than the other.  I've done a few pool vs. pool comparisons and what I've concluded is that I end up averaging about the same for any pool.  You have to mine a pool for an extended period of time and you will see that it fluctuates, sometimes you do better in one pool and then it will switch.  You can even see this at poolpicker.eu/text.php.  In the end, there is always going to be one pool that will do better at any given time.  Even those that claim to have the best algorithm do poorly.  Surprisingly, hashcows, which still uses the most basic coin switching method and produces a lot of stales, is still able to beat out the other pools on occasion.

I think as long as your own hash rate is less than the overall pool hash rate, you own individual earnings in the long term will end up being about the same no matter what pool you go to because (at least in comparing PPLNS) you're getting paid for your own shares, not the pool's luck.  And, the pool is accumulating more shares than you can conceivably deplete.  I could be wrong.  So, corrections in my thinking are appreciated.

So, in the end for me, the only thing that makes me choose one pool over the other is the user interface, the overall user experience.  I  like the fairly immediate payouts here.  If I decided to cash out and leave, I'm not going to end up 0.0001 BTC sitting in the pool that I can't get out as long as I time my mining cessation and withdrawal accordingly.  Not that it matters much...I have less than $0.002 worth of BTC sitting at hashcows that I can't get out.  It's not worth anything, but it's annoying seeing a balance that you can't retrieve.

[phzi]

I think as long as your own hash rate is less than the overall pool hash rate, you own individual earnings in the long term will end up being about the same no matter what pool you go to because (at least in comparing PPLNS) you're getting paid for your own shares, not the pool's luck.  And, the pool is accumulating more shares than you can conceivably deplete.  I could be wrong.  So, corrections in my thinking are appreciated.

How do you figure?  You absolutely get paid based on the pool's luck in PPLNS.  Only a PPS pool pays you based on submitted shares and removes luck from the equation.

So, in the end for me, the only thing that makes me choose one pool over the other is the user interface, the overall user experience.

This is true to an extent.  However, switching algorithms and coin choices to make a big difference sometimes.  ScryptGuild for example, has at least 2 coins they could add that would immediately increase profitability.  ScryptGuild also, by my understanding, did not consider variable block-rewards when choosing what coin to mine - this certainly would have hurt the profitability vs say WafflePool by a considerable margin (there was some graphing done of these stats and it accounted for about a 10% difference in doge profitability while the block were variable).

[guytechie]

Bitcoin (BTC)
0.01068054
Smartcoin (SMC)
182.21431371
 
Approx. BTC Value
0.01127274

why Conversion Smartcoin not?

Possibly because it's more like BTC0.00068330 (at the time of writing, Cryptonator is showing a conversion rate of 0.00000375).  At that rate of exchange you would need at least SMC 267 to meet the minimum selling threshold.  Of course, other exchanges may show different rates, and the rates may vary from minute to minute.

I just noticed my SMC balance is gone, but if don't see it in the converted to BTC log.  Did it just disappeared?

Also what is screen lock?

[dhsc19]

I think as long as your own hash rate is less than the overall pool hash rate, you own individual earnings in the long term will end up being about the same no matter what pool you go to because (at least in comparing PPLNS) you're getting paid for your own shares, not the pool's luck.  And, the pool is accumulating more shares than you can conceivably deplete.  I could be wrong.  So, corrections in my thinking are appreciated.

How do you figure?  You absolutely get paid based on the pool's luck in PPLNS.  Only a PPS pool pays you based on submitted shares and removes luck from the equation.

True, I just don't understand how some pools with less hash rate occasionally end up doing better than other pools with consistently higher hash rates.  When I look at poolpicker, it just doesn't seem like any of it makes a tremendous difference.  At least from what I see there, if you stick with one pool, you have as much chance gaining or losing as you would on any pool, no matter what coin sets they seem to have.  Finding the most profitable pool at the given moment is just as dynamic as finding the most profitable coin at the given moment.  I've yet to see one pool consistently have the best earnings above any other pool out there no matter if they say they have the most profitable coin choosing algorithm.

So, in the end for me, the only thing that makes me choose one pool over the other is the user interface, the overall user experience.

This is true to an extent.  However, switching algorithms and coin choices to make a big difference sometimes.  ScryptGuild for example, has at least 2 coins they could add that would immediately increase profitability.  ScryptGuild also, by my understanding, did not consider variable block-rewards when choosing what coin to mine - this certainly would have hurt the profitability vs say WafflePool by a considerable margin (there was some graphing done of these stats and it accounted for about a 10% difference in doge profitability while the block were variable).

I do agree the consistency of a pool's profitability is definitely dependent on the pool operator's active maintenance of coin choices, both the addition of good coins and removal of bad ones.  I hope ScryptGuild doesn't end up a "set it and forget it" operation.

[kreeften]

Bitcoin (BTC)
0.01068054
Smartcoin (SMC)
182.21431371
 
Approx. BTC Value
0.01127274

why Conversion Smartcoin not?

Possibly because it's more like BTC0.00068330 (at the time of writing, Cryptonator is showing a conversion rate of 0.00000375).  At that rate of exchange you would need at least SMC 267 to meet the minimum selling threshold.  Of course, other exchanges may show different rates, and the rates may vary from minute to minute.

I just noticed my SMC balance is gone, but if don't see it in the converted to BTC log.  Did it just disappeared?

Also what is screen lock?

my SMC balance is also gone
and don't see it in the converted

[chMiner]

Bitcoin (BTC)
0.01068054
Smartcoin (SMC)
182.21431371
 
Approx. BTC Value
0.01127274

why Conversion Smartcoin not?

Possibly because it's more like BTC0.00068330 (at the time of writing, Cryptonator is showing a conversion rate of 0.00000375).  At that rate of exchange you would need at least SMC 267 to meet the minimum selling threshold.  Of course, other exchanges may show different rates, and the rates may vary from minute to minute.

I just noticed my SMC balance is gone, but if don't see it in the converted to BTC log.  Did it just disappeared?

Also what is screen lock?

Screenlock does nothing!

[pkobse]

About the SMC, if you check the SMC thread, you can see that there is some mess going since 3rd of April on with forks and change in developers, so there is option, that your SMC are on wrong fork and lost, that may be reason, why Eleutria removed that coin for time being, as the devs didn`t broadcast the message about this properly (I think first days not at all) and there was situation like that before, when someone took advantage of not properly broadcasted message about the fork on Klondike. So for now, don`t touch and don`t move your smartcoins from the wallets, as you may loose them. And once the situation properly settles, make sure before you start to use and send them again, that you are on proper client and correct chain.

I didn`t read it all yet, but you can check for yourself: https://bitcointalk.org/index.php?topic=555426.0

[frankw]

This is true to an extent.  However, switching algorithms and coin choices to make a big difference sometimes.  ScryptGuild for example, has at least 2 coins they could add that would immediately increase profitability.  ScryptGuild also, by my understanding, did not consider variable block-rewards when choosing what coin to mine - this certainly would have hurt the profitability vs say WafflePool by a considerable margin (there was some graphing done of these stats and it accounted for about a 10% difference in doge profitability while the block were variable).

I do agree the consistency of a pool's profitability is definitely dependent on the pool operator's active maintenance of coin choices, both the addition of good coins and removal of bad ones.  I hope ScryptGuild doesn't end up a "set it and forget it" operation.

These are both good points, so I have to ask - what are these two coins, and when is Scryptguild going to get these two 2 coins put into the mix?

It's a little frustrating to think that my mining rig investment could be making (10%?) more money elsewhere.

What would be really great is if the operator of SG laid out a roadmap of future enhancements so we can see what is coming down the pipeline.

[dhsc19]

What would be really great is if the operator of SG laid out a roadmap of future enhancements so we can see what is coming down the pipeline.

There used to be a roadmap timetable posted in the news page and Eleuthria was pretty good on being on schedule.  The last two items I remember seeing before it was removed was adding the daily averages and possible addition of PoS coins.

[Sir Alan]

my SMC balance is also gone
and don't see it in the converted

It has disappeared from the web site, but my SMC balance still appears in M's Pool Monitor, which suggests that it still being fed to the API.

[eleuthria]

my SMC balance is also gone
and don't see it in the converted

It has disappeared from the web site, but my SMC balance still appears in M's Pool Monitor, which suggests that it still being fed to the API.

SMC was disabled due to a hardfork that was poorly implemented/announced.  It's not removed from the site entirely (yet), I'm looking at possible ways to revert out the huge number of orphaned blocks mined on the wrong fork.  You'll notice we haven't touched it in almost 3 days now.

As for the roadmap for the site, expect more news after April 15th.  The last week has been nothing but traveling and meeting with accountants and lawyers to make sure everything is being properly taken care of on tax & legal fronts.  ScryptGuild is something I moved forward on which was in a significantly more grey area due to the auto conversion aspects.

[kingscrown]

my SMC balance is also gone
and don't see it in the converted

It has disappeared from the web site, but my SMC balance still appears in M's Pool Monitor, which suggests that it still being fed to the API.

SMC was disabled due to a hardfork that was poorly implemented/announced.  It's not removed from the site entirely (yet), I'm looking at possible ways to revert out the huge number of orphaned blocks mined on the wrong fork.  You'll notice we haven't touched it in almost 3 days now.

As for the roadmap for the site, expect more news after April 15th.  The last week has been nothing but traveling and meeting with accountants and lawyers to make sure everything is being properly taken care of on tax & legal fronts.  ScryptGuild is something I moved forward on which was in a significantly more grey area due to the auto conversion aspects.

can u ad LGD legendary coin ?

[rumdum]

How do I remove an address from my wallet? I want the site to auto convert for me

[snooz3k]

How do I remove an address from my wallet? I want the site to auto convert for me

As far as I have understood it you just go under Convert to BTC and enter 0.00 under Coin Reserve Settings and it will Auto convert it even if you have your wallet filled in.

[siggy]

I have a request on the worker charts page... 

It seems to be getting kind of "cluttered" for lack of a better word.  Would it be possible to limit the graph to the last 2 weeks? (or possibly 30 days)

thanks,
Sigg

[organofcorti]

I have a request on the worker charts page... 

It seems to be getting kind of "cluttered" for lack of a better word.  Would it be possible to limit the graph to the last 2 weeks? (or possibly 30 days)

thanks,
Sigg

If you highlight a small portion of the chart, you get a magnified view of that section.

[dua98222]

Hi guys, looking for a new scrypt pool. What is the profitability on ScryptGuild ?

[siggy]

I have a request on the worker charts page... 

It seems to be getting kind of "cluttered" for lack of a better word.  Would it be possible to limit the graph to the last 2 weeks? (or possibly 30 days)

If you highlight a small portion of the chart, you get a magnified view of that section.

just tried it.. works great.. I so did not know that...  thanks.

Sigg

[SebyM]

Hello,

My latest stats in BTC/MH/day, first is oldest:

0.00492
0.00490
0.00512
0.00406
0.00446