suchmoon (OP)
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https://bpip.org
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July 27, 2014, 03:22:58 AM |
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Charts were updated on the site earlier but I couldn't connect to the forums to post an update here. Sorry about that. http://cryp.todayWafflepool disabled X13 due to a lack of profitable coins, so it's nearly zero on the 26th and will be zero until they find something to mine.
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suchmoon (OP)
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Activity: 3780
Merit: 9009
https://bpip.org
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July 27, 2014, 03:35:35 AM |
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The CoinKing Scrypt numbers are still looking awful. They're about a third of what shows up on poolpicker, presumably through the CoinKing API.
Kind of hard to believe that exchange automation would cause a 2/3rds discrepancy. Maybe their API is just, er, exaggerated.
Suchmoon, can you think of any other reasonable explanation for the discrepancy?
If not maybe I'll post on the CoinKing thread and ask what the deal is.
I'm starting to regret asking you to add CoinKing. Sorry if they turn out badly...
They run a coins diff and reward trough a simple profit calc, like the one I'm making, and multiply that by the percentage of time it's being mined. Add that together and you get their API results. If you use their auto-trader, you'll get 1/3. If you use your own trading system (auto-payout to an exchange), it will be a lot higher, depending on your trading skills, but normally never 100%. But if you're that good at trading, why not just play the game and stop mining ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Exactly my thoughts... what sets a good multipool apart is a coin switcher AND an auto exchanger (or manual trading by the pool operator, if that's what it takes) that can actually "monetize" the earnings. It's odd to have the pool determine profitability and tell me which coins to mine and then rely on MY trading skills to get that profitability. And I'm not even sure what kind of trading genius would extract anything from Doge, which seems to be the coin I've been mostly mining there ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Anyway, I'll leave it on for a couple of weeks, since there aren't many other exciting Scrypt pools.
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GoldBit89
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 27, 2014, 08:31:29 AM |
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The CoinKing Scrypt numbers are still looking awful. They're about a third of what shows up on poolpicker, presumably through the CoinKing API.
Kind of hard to believe that exchange automation would cause a 2/3rds discrepancy. Maybe their API is just, er, exaggerated.
Suchmoon, can you think of any other reasonable explanation for the discrepancy?
If not maybe I'll post on the CoinKing thread and ask what the deal is.
I'm starting to regret asking you to add CoinKing. Sorry if they turn out badly...
They run a coins diff and reward trough a simple profit calc, like the one I'm making, and multiply that by the percentage of time it's being mined. Add that together and you get their API results. If you use their auto-trader, you'll get 1/3. If you use your own trading system (auto-payout to an exchange), it will be a lot higher, depending on your trading skills, but normally never 100%. But if you're that good at trading, why not just play the game and stop mining ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Exactly my thoughts... what sets a good multipool apart is a coin switcher AND an auto exchanger (or manual trading by the pool operator, if that's what it takes) that can actually "monetize" the earnings. It's odd to have the pool determine profitability and tell me which coins to mine and then rely on MY trading skills to get that profitability. And I'm not even sure what kind of trading genius would extract anything from Doge, which seems to be the coin I've been mostly mining there ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Anyway, I'll leave it on for a couple of weeks, since there aren't many other exciting Scrypt pools. I agree as well, It should not be considered "most profitable" until it is exchanged and then re-matched against whatever it was leveraged against to be "most profitable". And while it "could" still be "most profitable" after exchanged, im willing to bet that the majority of the time it is much lower then "most profitable" and even in some instances no longer even on the exchanges so it would be a complete loss. I dont know why mining pools say "most profitable" in their mining name because in essence its not "most profitable" unless it can be sold at that very moment it is "most profitable" and with coins needing maturity,confirmation etc... a pool owner can not guarantee "most profitable" unless in cahoots with the exchanges or maybe even with the coin devs, in which i would think that either would be a huge conflict of interest.
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FTC 6nvzqqaCEizThvgMeC86MGzhAxGzKEtNH8 |WDC WckDxipCes2eBmxrUYEhrUfNNRZexKuYjR |BQC bSDm3XvauqWWnqrxfimw5wdHVDQDp2U8XU BOT EjcroqeMpZT4hphY4xYDzTQakwutpnufQR |BTG geLUGuJkhnvuft77ND6VrMvc8vxySKZBUz |LTC LhXbJMzCqLEzGBKgB2n73oce448BxX1dc4 BTC 1JPzHugtBtPwXgwMqt9rtdwRxxWyaZvk61 |ETH 0xA6cCD2Fb3AC2450646F8D8ebeb14f084F392ACFf
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edonkey
Legendary
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Activity: 1150
Merit: 1004
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 27, 2014, 12:09:56 PM |
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The CoinKing Scrypt numbers are still looking awful. They're about a third of what shows up on poolpicker, presumably through the CoinKing API.
Kind of hard to believe that exchange automation would cause a 2/3rds discrepancy. Maybe their API is just, er, exaggerated.
Suchmoon, can you think of any other reasonable explanation for the discrepancy?
If not maybe I'll post on the CoinKing thread and ask what the deal is.
I'm starting to regret asking you to add CoinKing. Sorry if they turn out badly...
They run a coins diff and reward trough a simple profit calc, like the one I'm making, and multiply that by the percentage of time it's being mined. Add that together and you get their API results. If you use their auto-trader, you'll get 1/3. If you use your own trading system (auto-payout to an exchange), it will be a lot higher, depending on your trading skills, but normally never 100%. But if you're that good at trading, why not just play the game and stop mining ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Exactly my thoughts... what sets a good multipool apart is a coin switcher AND an auto exchanger (or manual trading by the pool operator, if that's what it takes) that can actually "monetize" the earnings. It's odd to have the pool determine profitability and tell me which coins to mine and then rely on MY trading skills to get that profitability. And I'm not even sure what kind of trading genius would extract anything from Doge, which seems to be the coin I've been mostly mining there ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Anyway, I'll leave it on for a couple of weeks, since there aren't many other exciting Scrypt pools. I agree that there's little advantage to an auto switcher that doesn't also effectively auto exchange. The surprise for me is how bad the results are with their auto exchanger. I mean it would be one thing if they didn't offer the auto exchange feature, like multipool.us (which instead has Crypsy integration that you have to configure). With multipool.us at least you know that you're left with a bag of coins that you have to deal with yourself. But if the fact that CoinKing offers a full auto-exchange feature, but the results are awful and dramatically out of whack with their advertised profits is really like false advertising. If you only go on the poolpicker numbers, then CoinKing shows something like 14% better than WafflePool and CleverMining, for example. But extrapolating your results, the reality is that both those pools deliver three times the amount of realized BTC to your wallet than CoinKing does. If CoinKing's actual profits don't improve (which my guess would require the operator to make significant changes), then this pool should be avoided. Unless people are interested in the idea that a pool would pick the coins to mine (any flavor as long as it's Doge ;-) and leave you with the mess. I wonder if maybe there should be a Suchmoon "hall of shame" summary on cryp.today? Or if that's too judgmental, at least maybe there could be a history of pools that have been evaluated, but removed, and why.
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Was I helpful? BTC: 3G1Ubof5u8K9iJkM8We2f3amYZgGVdvpHr
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Bombadil
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 27, 2014, 12:45:31 PM |
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Webbson from poolpicker already setup a comparison with his numbers he gets from their API and the numbers suchmoon delivers: http://poolpicker.eu/vsI guess that could be called a "wall of shame" lol
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suchmoon (OP)
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Activity: 3780
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https://bpip.org
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July 28, 2014, 03:16:07 PM |
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This forum hates me ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I was posting something like this yesterday and just now noticed it's not on the thread. Hopefully it's just a glitch with my interwebconnection and not mods removing my posts or something. Charts have been updated for today: http://cryp.todayX13 is still disabled on Waffle and has dropped significantly on TMB, although there is still some revenue from rentals, including NiceHash. P.S. will post today's update in about an hour.
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suchmoon (OP)
Legendary
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Activity: 3780
Merit: 9009
https://bpip.org
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2014, 04:31:46 PM |
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Charts have been updated for today: http://cryp.todayScryptGuild pool is closing down: https://bitcointalk.org/index.php?topic=457016.0So now we may have two spare Scrypt miners, one from SG, one from CoinKing, which continues to lag. If you have any suggestions for a Scrypt pool don't hesitate to let me know. It's also possible that it's game over for Scrypt and we only need to follow a couple of pools and a couple of rental services, since the profitability is unlikely to exceed LTC much if at all.
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lolwut
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Merit: 1000
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July 28, 2014, 07:10:09 PM |
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The CoinKing Scrypt numbers are still looking awful. They're about a third of what shows up on poolpicker, presumably through the CoinKing API.
Kind of hard to believe that exchange automation would cause a 2/3rds discrepancy. Maybe their API is just, er, exaggerated.
Suchmoon, can you think of any other reasonable explanation for the discrepancy?
If not maybe I'll post on the CoinKing thread and ask what the deal is.
I'm starting to regret asking you to add CoinKing. Sorry if they turn out badly...
They run a coins diff and reward trough a simple profit calc, like the one I'm making, and multiply that by the percentage of time it's being mined. Add that together and you get their API results. If you use their auto-trader, you'll get 1/3. If you use your own trading system (auto-payout to an exchange), it will be a lot higher, depending on your trading skills, but normally never 100%. But if you're that good at trading, why not just play the game and stop mining ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Exactly my thoughts... what sets a good multipool apart is a coin switcher AND an auto exchanger (or manual trading by the pool operator, if that's what it takes) that can actually "monetize" the earnings. It's odd to have the pool determine profitability and tell me which coins to mine and then rely on MY trading skills to get that profitability. And I'm not even sure what kind of trading genius would extract anything from Doge, which seems to be the coin I've been mostly mining there ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Anyway, I'll leave it on for a couple of weeks, since there aren't many other exciting Scrypt pools. I agree that there's little advantage to an auto switcher that doesn't also effectively auto exchange. The surprise for me is how bad the results are with their auto exchanger. I mean it would be one thing if they didn't offer the auto exchange feature, like multipool.us (which instead has Crypsy integration that you have to configure). With multipool.us at least you know that you're left with a bag of coins that you have to deal with yourself. But if the fact that CoinKing offers a full auto-exchange feature, but the results are awful and dramatically out of whack with their advertised profits is really like false advertising. If you only go on the poolpicker numbers, then CoinKing shows something like 14% better than WafflePool and CleverMining, for example. But extrapolating your results, the reality is that both those pools deliver three times the amount of realized BTC to your wallet than CoinKing does. If CoinKing's actual profits don't improve (which my guess would require the operator to make significant changes), then this pool should be avoided. Unless people are interested in the idea that a pool would pick the coins to mine (any flavor as long as it's Doge ;-) and leave you with the mess. I wonder if maybe there should be a Suchmoon "hall of shame" summary on cryp.today? Or if that's too judgmental, at least maybe there could be a history of pools that have been evaluated, but removed, and why. I have sent a message to suchmoon, asking how he is calculating profitability. We are going to get this figured out and corrected, I guarantee it. We've been having our fair share of growth issues, so most of us have been heads-down working on brand new stratum and site code. If anyone has any questions, concerns, etc, please PM me here directly and I will do my best to help. Thanks Adam
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webbson
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IT Consultant
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July 29, 2014, 02:27:45 PM |
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Hey what has happened to your numbers? All of a sudden all values are much higher than they were before even for older values.
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Hard to choose pool? PoolPickerBTC: 1W3BBSNm3KMtvtMoARiYGjzEoRHB66P
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suchmoon (OP)
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https://bpip.org
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July 29, 2014, 03:47:40 PM |
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Hey what has happened to your numbers? All of a sudden all values are much higher than they were before even for older values.
Sorry about that, I should have noticed that the old values look weird. All values except July 28 were duplicated. This has been fixed now.
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suchmoon (OP)
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Activity: 3780
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https://bpip.org
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July 29, 2014, 04:57:41 PM |
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Charts have been updated for today: http://cryp.todaySorry again for the cockup with yesterday's update and thanks to webbson for pointing it out. A poorly designed join in one of the queries duplicated values in the API and on the charts for July 27 and prior dates. I only checked the last day (July 28) so it looked ok to me at the time. This has been fixed now. CoinKing has been removed from the charts at their request.
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edonkey
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July 30, 2014, 02:12:13 AM |
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CoinKing has been removed from the charts at their request.
Wow. So much for getting the discrepancy between CoinKing's posted and actual profits "figured out and corrected". Note to self: Never mine on CoinKing.
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Was I helpful? BTC: 3G1Ubof5u8K9iJkM8We2f3amYZgGVdvpHr
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suchmoon (OP)
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https://bpip.org
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July 30, 2014, 04:05:56 AM Last edit: November 27, 2020, 11:26:48 PM by suchmoon |
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CoinKing has been removed from the charts at their request.
Wow. So much for getting the discrepancy between CoinKing's posted and actual profits "figured out and corrected". Note to self: Never mine on CoinKing. We are still working on it and lolwut seems to be genuinely interested in getting to the bottom of it so let's give him a chance. If I need to adjust my calculation methods that's fine too as long as the satoshis in my pocket are matching the numbers on the charts. It's not like we have many other mining opportunities for Scrypt. Speaking of which, the short list for candidates to replace ScryptGuild and/or CoinKing is: multipool.us - if I can be bothered to set up a new Cryptsy account and the whole integration thing readd GHash.io (Scrypt multipool) - it has 10 GH/s so popular enough to be interesting to compare MiningRigRentals (Scrypt) Not sure if there is anything else out there. Scrypt landscape is looking more and more like this: Edited 2020-11-27 to fix a broken image
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suchmoon (OP)
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https://bpip.org
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July 30, 2014, 05:11:42 PM |
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Main chart has been updated for today: http://cryp.todayRental pricing page is now live and being updated every 10 minutes: http://cryp.today/currentA footnote for today's results: A part of my mining farm had an internet connectivity issue yesterday, where both primary and secondary (a fancy name for a mobile phone hooked up to a laptop) connections failed in a rare coincidence. I have attempted to reduce the impact of this downtime on the charts by adjusting the numbers by the amount of time the rigs were disconnected, but due to the non-linear nature of mining this might not be entirely accurate. For example my downtime may have happened at the most profitable period of the day and the numbers would be understated, or vice versa.
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Bombadil
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 30, 2014, 06:12:14 PM |
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Main chart has been updated for today: http://cryp.todayRental pricing page is now live and being updated every 10 minutes: http://cryp.today/currentA footnote for today's results: A part of my mining farm had an internet connectivity issue yesterday, where both primary and secondary (a fancy name for a mobile phone hooked up to a laptop) connections failed in a rare coincidence. I have attempted to reduce the impact of this downtime on the charts by adjusting the numbers by the amount of time the rigs were disconnected, but due to the non-linear nature of mining this might not be entirely accurate. For example my downtime may have happened at the most profitable period of the day and the numbers would be understated, or vice versa. Is that why X13 dropped so low? Or shall I say "RIP X13" ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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suchmoon (OP)
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Merit: 9009
https://bpip.org
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 30, 2014, 06:28:56 PM |
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Main chart has been updated for today: http://cryp.todayRental pricing page is now live and being updated every 10 minutes: http://cryp.today/currentA footnote for today's results: A part of my mining farm had an internet connectivity issue yesterday, where both primary and secondary (a fancy name for a mobile phone hooked up to a laptop) connections failed in a rare coincidence. I have attempted to reduce the impact of this downtime on the charts by adjusting the numbers by the amount of time the rigs were disconnected, but due to the non-linear nature of mining this might not be entirely accurate. For example my downtime may have happened at the most profitable period of the day and the numbers would be understated, or vice versa. Is that why X13 dropped so low? Or shall I say "RIP X13" ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) tl;dr No ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) X13 did not have any worthwhile POW coins for the last few days. Waffle disabled X13 mining completely, TMB is barely earning anything. There are a couple of new coins launching, maybe it will pick up again.
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merc82
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 30, 2014, 07:21:25 PM |
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Main chart has been updated for today: http://cryp.todayRental pricing page is now live and being updated every 10 minutes: http://cryp.today/currentA footnote for today's results: A part of my mining farm had an internet connectivity issue yesterday, where both primary and secondary (a fancy name for a mobile phone hooked up to a laptop) connections failed in a rare coincidence. I have attempted to reduce the impact of this downtime on the charts by adjusting the numbers by the amount of time the rigs were disconnected, but due to the non-linear nature of mining this might not be entirely accurate. For example my downtime may have happened at the most profitable period of the day and the numbers would be understated, or vice versa. Is that why X13 dropped so low? Or shall I say "RIP X13" ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) tl;dr No ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) X13 did not have any worthwhile POW coins for the last few days. Waffle disabled X13 mining completely, TMB is barely earning anything. There are a couple of new coins launching, maybe it will pick up again. TMB's x13 port is mining roughly 80% of the time on coins yet to be listed on an exchange, due to x13 profits being so terrible right now ;(
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Rent some Hash @ MiningRigRentals!Lease out your rig, or rent some extra hash today! Live Hashrate graphs, multiple backup pools, many algos and fast and friendly support as well
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orenjuice5
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July 31, 2014, 05:23:07 AM |
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Yes, I notice on nicehash the demand for X13 is up and down like crazy... Can't understand where people mining X13 and paying so much...
Thanks for your input
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suchmoon (OP)
Legendary
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Activity: 3780
Merit: 9009
https://bpip.org
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July 31, 2014, 04:33:54 PM |
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Main chart has been updated for today: http://cryp.todayRental pricing page is now live and being updated every 10 minutes: http://cryp.today/current
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