When you see BTC/Mhash declining at CM, take a look at Coinwarz.com and you can see whether it is something specific to CM or part of a general trend. The whole altcoin market has been in a funk for the past week. Either we need to drum up interest (OUTSIDE that of the mining community) in altcoins, or things will risk shriveling up on us.
Personally, I think Bitcoin was like beta software - a good effort, but as more is learned about cryptocurrency and how people use and abuse it, it should be a no-brainer that in the future altcoins will be developed with a superior feature set, just as bitcoin has a superior feature set compared with fiat currency. So it would really be a shame to see altcoins in general dry up. That's where the real innovation and future of cryptocurrency lies.
On the flip side, the markets need to sort out altcoins with real technical improvements, compared to the vast majority which look like stupid clones developed by 15-year olds. The flood of pointless clone-coins is increasing, and it's just diluting the limited pool of interest and investment in altcoins that currently exists.
My 2 satoshis,
Ebliever
Topic: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com - page 198. (Read 554401 times)
March 06, 2014, 10:53:55 AM
March 06, 2014, 10:52:08 AM
I said market not mtgox situation xD should I say altcoins to btc value fluctuations? ^^
March 06, 2014, 10:31:26 AM
ohhhh noooo he said the "M" word 
March 06, 2014, 10:26:21 AM
and the simple answer is *drumroll* market situation 
YOU SAID WHAAAAAAAT!?
March 06, 2014, 10:23:25 AM
and the simple answer is *drumroll* market situation
March 06, 2014, 09:47:21 AM
hash rate is steady, rejection rate is 3.5 % where as profit is going down 
Last 24 hrs hash rate 714 Kh/s
Last 24 hrs profit is 0.00513230 BTC which was .007 last 2 weeks
Last 24 hrs hash rate 714 Kh/s
Last 24 hrs profit is 0.00513230 BTC which was .007 last 2 weeks
March 06, 2014, 08:47:12 AM
EU Beta Stratum running stable for over 24h now, congrats 
Keep up the great development!
Cheers
Yeah. That's very good.Keep up the great development!
Cheers
And moreover atm:
USA 2,0% Rejects.
Europe 1,2% Rejects.
We have the right to complain but we also have the right to celebrate the improvements.
March 06, 2014, 07:55:49 AM
EU Beta Stratum running stable for over 24h now, congrats
Keep up the great development!
Cheers
Keep up the great development!
Cheers
March 06, 2014, 07:38:14 AM
I know there is an android app for CM, but is there an iphone app too?
Where do I find the api's to make one myself maybe?
Where do I find the api's to make one myself maybe?
March 06, 2014, 07:30:47 AM
Question: right now I'm mining with my GPU's on CM, but is it possible to mine on CM with, for instance, these:
GRIDSEED BITCOIN & LITECOIN ASIC
http://www.bitcoinminerz.com/Products/Bitcoin-miners/gridseed-asic
As I understand you can't mine any coin with those gridseeds, and since we don't know which coins Terk mines for us ....
GRIDSEED BITCOIN & LITECOIN ASIC
http://www.bitcoinminerz.com/Products/Bitcoin-miners/gridseed-asic
As I understand you can't mine any coin with those gridseeds, and since we don't know which coins Terk mines for us ....
I "love" such kind of sentence - "This is a PREORDER units will be packed and shipped after a minimum of 200 units has been reached."... probably you will reach 200 units sometime
March 06, 2014, 07:29:30 AM
Question: right now I'm mining with my GPU's on CM, but is it possible to mine on CM with, for instance, these:
GRIDSEED BITCOIN & LITECOIN ASIC
http://www.bitcoinminerz.com/Products/Bitcoin-miners/gridseed-asic
As I understand you can't mine any coin with those gridseeds, and since we don't know which coins Terk mines for us ....
GRIDSEED BITCOIN & LITECOIN ASIC
http://www.bitcoinminerz.com/Products/Bitcoin-miners/gridseed-asic
As I understand you can't mine any coin with those gridseeds, and since we don't know which coins Terk mines for us ....
Scrypt is scrypt. that's all there is to it.
If their software supports getting work from a stratum server, it'll work.
March 06, 2014, 07:27:20 AM
I'm interested to try this out but need to know how accurate could I get from the current: 0.01066 BTC/day per MH/s ?
March 06, 2014, 07:18:50 AM
Question: right now I'm mining with my GPU's on CM, but is it possible to mine on CM with, for instance, these:
GRIDSEED BITCOIN & LITECOIN ASIC
http://www.bitcoinminerz.com/Products/Bitcoin-miners/gridseed-asic
As I understand you can't mine any coin with those gridseeds, and since we don't know which coins Terk mines for us ....
GRIDSEED BITCOIN & LITECOIN ASIC
http://www.bitcoinminerz.com/Products/Bitcoin-miners/gridseed-asic
As I understand you can't mine any coin with those gridseeds, and since we don't know which coins Terk mines for us ....
March 06, 2014, 06:20:41 AM
yeay. where on 106% profitability again lolz..
but really, if you look at coinwarz price column, there are only 5 or 6 coins that have had an upwards line in the last week. so alts have been tanking like crazy.
might be a good time to buy some alts with your btc and profit a little from the rising market that will come some time soon.
just the question of wich coins to pick....
but really, if you look at coinwarz price column, there are only 5 or 6 coins that have had an upwards line in the last week. so alts have been tanking like crazy.
might be a good time to buy some alts with your btc and profit a little from the rising market that will come some time soon.
just the question of wich coins to pick....
March 06, 2014, 05:39:06 AM
too low profitability means that we need a new coins ?
There are no new profitable altcoins right now. LTC is becoming more and more worth mining now.I cant agree with you. Just take a look on coinwarz.com - there is a 10 altcoins with profitability over 100% than LTC
For example - GDC have 256.93 %
http://www.coinwarz.com/miningprofitability/litecoin
The keyword was 'new'.
ah, forgive me
Meaning "new" for clevermining pool
March 06, 2014, 04:12:35 AM
too low profitability means that we need a new coins ?
There are no new profitable altcoins right now. LTC is becoming more and more worth mining now.I cant agree with you. Just take a look on coinwarz.com - there is a 10 altcoins with profitability over 100% than LTC
For example - GDC have 256.93 %
http://www.coinwarz.com/miningprofitability/litecoin
The keyword was 'new'.
March 06, 2014, 03:59:12 AM
too low profitability means that we need a new coins ?
There are no new profitable altcoins right now. LTC is becoming more and more worth mining now.I cant agree with you. Just take a look on coinwarz.com - there is a 10 altcoins with profitability over 100% than LTC
For example - GDC have 256.93 %
http://www.coinwarz.com/miningprofitability/litecoin
March 06, 2014, 03:28:55 AM
actually, wouldnt it be an idea to jump to alts with lower difficulty/profitability?
- some alt drops below LTC profitablity => other pools jump away
- diff & price is then dropped => start mining & holding
- once the diff is low enough the profitability rises (if price stays almost the same)
- Alt becomes profitable => sell and jump to next pool
- some alt drops below LTC profitablity => other pools jump away
- diff & price is then dropped => start mining & holding
- once the diff is low enough the profitability rises (if price stays almost the same)
- Alt becomes profitable => sell and jump to next pool
March 06, 2014, 03:26:24 AM
I think auto switching pools is killing alts as we knew it. And for btc thats quite a good thing - not a lot of alts bring something new or innovative to the table...
It's a free market. If altcoins can't survive multipools they won't survive either way.
A coin isn't healthy if its survival relies on miners holding instead of selling.
March 06, 2014, 03:21:12 AM
too low profitability means that we need a new coins ?
There are no new profitable altcoins right now. LTC is becoming more and more worth mining now.the moment some alt is more profitable then LTC, lots of pools hop onto that one and immediately sell the mining revenue for btc thus price lowers.
I think auto switching pools is killing alts as we knew it. And for btc thats quite a good thing - not a lot of alts bring something new or innovative to the table...
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