[CLOSING DOWN] ScryptGuild Auto-Switching Pool

[lajz99]

I'm curious to see the difference in profitability vs other similar pools, has anyone done any testing?

Site looks AWESOME compared to others so I hope the profitability is at least comparable.

I don't know how you could do a fair comparison.  I do know my GPUs aren't constantly slowing down and speeding up as the pool switches coins.  It's also very stable, not triggering "pool is not responding" messages every hour or so, unlike another pool that I won't name here.

M

Run two identical cards, one on one pool, one on the other...  Maybe I'll try it out over the course of the next week or so if I can get my group to agree to it.

[Carterwyang]

you should add coino to your pool, it'd be a bonus

[mdude77]

I'm curious to see the difference in profitability vs other similar pools, has anyone done any testing?

Site looks AWESOME compared to others so I hope the profitability is at least comparable.

I don't know how you could do a fair comparison.  I do know my GPUs aren't constantly slowing down and speeding up as the pool switches coins.  It's also very stable, not triggering "pool is not responding" messages every hour or so, unlike another pool that I won't name here.

M

Run two identical cards, one on one pool, one on the other...  Maybe I'll try it out over the course of the next week or so if I can get my group to agree to it.

Even that isn't a fair comparison.  A week could have awful luck on one pool compared to another.

I know the recent change op put in seems to have helped immensely.  I think I know what it is was, if I'm right, it was a very clever addition.

M

[mdude77]

Op -- any chance you could add a referral link with an incentive to the referrer? I'd love to refer and get rewarded for it.

M

[organofcorti]

The dashboard "Worker Summary" stopped working for me a couple of days ago, and the worker API doesn't work.

It's not a big deal, although it's nice information to have. Is this something I'm doing wrong, or part of the current "Beta" status?

[JKBtCn]

Yikes! Unable to convert to BTC due to cryptsy API unreliability. I understand this is beta but boy do I not want to be stuck with half a million moon coins and other randoms that I'll have to transfer by hand!

Hoping for a quick fix...dont want to keep more BTC value on a beta site for long...guess I could manually transfer to cryptsy.   

[mdude77]

Yikes! Unable to convert to BTC due to cryptsy API unreliability. I understand this is beta but boy do I not want to be stuck with half a million moon coins and other randoms that I'll have to transfer by hand!

Hoping for a quick fix...dont want to keep more BTC value on a beta site for long...guess I could manually transfer to cryptsy.   

manual?  the pool auto pays out every hour.  I haven't had any problems so far with crypsty getting "stuck" on anything.  for 1.3% I'll convert it myself on cryptsy.

M

[JKBtCn]

Yikes! Unable to convert to BTC due to cryptsy API unreliability. I understand this is beta but boy do I not want to be stuck with half a million moon coins and other randoms that I'll have to transfer by hand!

Hoping for a quick fix...dont want to keep more BTC value on a beta site for long...guess I could manually transfer to cryptsy.   

manual?  the pool auto pays out every hour.  I haven't had any problems so far with crypsty getting "stuck" on anything.  for 1.3% I'll convert it myself on cryptsy.

M

Yes but as someone who has spent countless hours headlong into the markets, choosing coins and pools, exchange sites with good rate of exchange, etc to make a few extra bucks, I really like that ScryptGuild offers the option to trade mined coins to BTC...all on its site. Even if it really is literally 3-4 additional mouse clicks to DIY...I like the service. Maybe it's worth the 1.3%?

I wonder now though if now that direct trade options are down--and the most frequent coin mined over the past 2 days had been DOGE if I am correct--how this will affect BTC exchange estimates. i.e. yesterday DOGE was closer to 200 and today 180s. I suspect estimates on ScryptG will shrink...let's see.

[mdude77]

Yikes! Unable to convert to BTC due to cryptsy API unreliability. I understand this is beta but boy do I not want to be stuck with half a million moon coins and other randoms that I'll have to transfer by hand!

Hoping for a quick fix...dont want to keep more BTC value on a beta site for long...guess I could manually transfer to cryptsy.   

manual?  the pool auto pays out every hour.  I haven't had any problems so far with crypsty getting "stuck" on anything.  for 1.3% I'll convert it myself on cryptsy.

M

Yes but as someone who has spent countless hours headlong into the markets, choosing coins and pools, exchange sites with good rate of exchange, etc to make a few extra bucks, I really like that ScryptGuild offers the option to trade mined coins to BTC...all on its site. Even if it really is literally 3-4 additional mouse clicks to DIY...I like the service. Maybe it's worth the 1.3%?

I wonder now though if now that direct trade options are down--and the most frequent coin mined over the past 2 days had been DOGE if I am correct--how this will affect BTC exchange estimates. i.e. yesterday DOGE was closer to 200 and today 180s. I suspect estimates on ScryptG will shrink...let's see.

If it was 0.5% I'd go for auto sell.  The markets don't fluctuate *that* much, odds are I'll come out ahead selling it myself.

M

[ak49er]

If it was 0.5% I'd go for auto sell.  The markets don't fluctuate *that* much, odds are I'll come out ahead selling it myself.

M

I'm with you on this.  I think auto-convert is just too pricey an option right now.  I'd love for someone to correct me though but my thinking is this:  coins like LOT and LEAF bounce between say 10 and 11, (ignoring all those damn leading zeros!).  That's a 10% spread.  The spread on DOGE at any given time is like 0.5%.  Selling at market isn't nearly half as bad percentage wise with higher value coins, but if I manually trade I can get a better value on the lower ones.  Having said that we're talking 10-25% of a pittance, which is still a pittance, so I haven't convinced myself yet.  When it's fully implemented and extra options are available I'm going to set it up for DOGE at least, but the others I'll probably leave as is.

Which brings up another question - is it really worth mining something that's 0.00000003BTC?  I know that's all in Eleuthria's "black magic" algorithm, but I still wonder about it.

[mdude77]

If it was 0.5% I'd go for auto sell.  The markets don't fluctuate *that* much, odds are I'll come out ahead selling it myself.

M

I'm with you on this.  I think auto-convert is just too pricey an option right now.  I'd love for someone to correct me though but my thinking is this:  coins like LOT and LEAF bounce between say 10 and 11, (ignoring all those damn leading zeros!).  That's a 10% spread.  The spread on DOGE at any given time is like 0.5%.  Selling at market isn't nearly half as bad percentage wise with higher value coins, but if I manually trade I can get a better value on the lower ones.  Having said that we're talking 10-25% of a pittance, which is still a pittance, so I haven't convinced myself yet.  When it's fully implemented and extra options are available I'm going to set it up for DOGE at least, but the others I'll probably leave as is.

Which brings up another question - is it really worth mining something that's 0.00000003BTC?  I know that's all in Eleuthria's "black magic" algorithm, but I still wonder about it.

The algorithm has to include things like difficulty, and recently, the value of the next block (if it's "random").  So I would say yes, it's worth it.

M

[jhood2880]

I think it is a great idea. Nobody knows what is going to happen with any of the crypto's. Honestly I don't want all my eggs in one basket.

[Sir Alan]

Falls in the hash rate, although tending to occur at certain times of day like Bitcoin mining, also appear to happen at other odd times and may be accompanied by occasional Stratum timeouts and erratic progress messages on the log - looking for all the world as if a block had been found or a share submitted but without the usual "Stratum detected new block" or "Accepted" message appearing, and no credit for the potential share.  Is this just me, is it an issue with the miner, or is there an inherent instability in the system?

While most such hiccups are brief, there may be a prolonged session of odd behaviour with a long pause between accepted shares - eight minutes or more - when the usual interval is rather less than a minute.  Eventually the normal message pattern then resumes, together with more frequent share acceptance.

FWIW I'm using Minerd in Windoze 7 on two quad-core machines going through two different ISPs.  Both appear to exhibit similar symptoms simultaneously.

[mdude77]

Falls in the hash rate, although tending to occur at certain times of day like Bitcoin mining, also appear to happen at other odd times and may be accompanied by occasional Stratum timeouts and erratic progress messages on the log - looking for all the world as if a block had been found or a share submitted but without the usual "Stratum detected new block" or "Accepted" message appearing, and no credit for the potential share.  Is this just me, is it an issue with the miner, or is there an inherent instability in the system?

While most such hiccups are brief, there may be a prolonged session of odd behaviour with a long pause between accepted shares - eight minutes or more - when the usual interval is rather less than a minute.  Eventually the normal message pattern then resumes, together with more frequent share acceptance.

FWIW I'm using Minerd in Windoze 7 on two quad-core machines going through two different ISPs.  Both appear to exhibit similar symptoms simultaneously.

I'm not observing such behavior here.  It's been rock solid the entire time aside from that one morning he pushed a change out.

Minerd doesn't support stratum does it?

M

[organofcorti]

And auto conversion is here, for lazy buggers like me. Sweet! It's nice to be at a beta pool that is as stable or more stable than established pools.

However, ltc aren't being converted - bug or feature? Oops, didn't read the update.

[demonmaestro]

mmmm buzzzzzzz

[akeetlebeetle]

And auto conversion is here, for lazy buggers like me. Sweet! It's nice to be at a beta pool that is as stable or more stable than established pools.

However, ltc aren't being converted - bug or feature? Oops, didn't read the update.

I like the new feature. However, I see no way to manually trade Ltc. Do we need to withdraw to cryptsy manually?

[rt123]

@ Dev, could you please add Auroracoin to the pool. It is currenty one of the most profitable coins to mine.

Would be nice to have that.

[lajz99]

@ Dev, could you please add Auroracoin to the pool. It is currenty one of the most profitable coins to mine.

Would be nice to have that.

Agreed, I'm curious how quickly new profitable coins will be added.

[demonmaestro]

@ Dev, could you please add Auroracoin to the pool. It is currenty one of the most profitable coins to mine.

Would be nice to have that.

Agreed, I'm curious how quickly new profitable coins will be added.

He can add coins faster than you can download the wallet for it.