What's keeping you from incorporating SHA-256 coins into your pool?
Simply time. Once I clear my urgent todo lists I will look into including sha-256 coins.
Topic: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com - page 305. (Read 554401 times)
February 04, 2014, 01:31:29 PM
Simply time. Once I clear my urgent todo lists I will look into including sha-256 coins.
February 04, 2014, 01:30:09 PM
Only one VERY IMPORTANT thing: you have to declare the applied fees.
It's not important how much your pool is performing good, if you guarantee good payouts people will continue mining even @ 5% fees, but you have to tell us how much we're paying for the service.
It's not important how much your pool is performing good, if you guarantee good payouts people will continue mining even @ 5% fees, but you have to tell us how much we're paying for the service.
I haven't decided on the final model/numbers and want to see how it's working and what my server cost will be when accommodating bigger overall hashrate and much more users than my closed beta with only 20 users, so for now please just judge based on after-fee profits/stats if it's worth mining here or not.
Currently the fee is progressive as I described earlier (and I want to test if this is a feasible model in a higher scale than in my closed beta), so the fee goes down if the results are worse than average, even down to 1%. What I can tell you is that for example today's fee is lower than you mentioned. It's not like I cut 50%. If I were able to deliver this profitability with sky-high-fee it would mean that other pool admins are either cheating or are straight incompetent, because they deliver lower profits claiming 1-3% fees.
I might post more details about the progressive fee system once I test it/tweak it/decide on its parameters, but I don't want to commit to final numbers just yet. Please give me some time to test this system, see how it's working and how big servers will I need for this - and for now please decide based on post-fee profitability.
February 04, 2014, 01:26:59 PM
Extra site! Cogratulations!
Are you have server in eu?
i have a ping us.clevermining.com : 8039 ms (packet loss 100 %) & www.clevermining.com 21.7 ms
Are you have server in eu?
i have a ping us.clevermining.com : 8039 ms (packet loss 100 %) & www.clevermining.com 21.7 ms
February 04, 2014, 01:24:15 PM
What's keeping you from incorporating SHA-256 coins into your pool?
February 04, 2014, 01:19:24 PM
Only one VERY IMPORTANT thing: you have to declare the applied fees.
It's not important how much your pool is performing good, if you guarantee good payouts people will continue mining even @ 5% fees, but you have to tell us how much we're paying for the service.
It's not important how much your pool is performing good, if you guarantee good payouts people will continue mining even @ 5% fees, but you have to tell us how much we're paying for the service.
That is true, you must tell us. You can't just say that on the worst days you take as little as 1%, that could still mean in the best days you take 50% lol.
February 04, 2014, 01:19:07 PM
Only one VERY IMPORTANT thing: you have to declare the applied fees.
It's not important how much your pool is performing good, if you guarantee good payouts people will continue mining even @ 5% fees, but you have to tell us how much we're paying for the service.
It's not important how much your pool is performing good, if you guarantee good payouts people will continue mining even @ 5% fees, but you have to tell us how much we're paying for the service.
Would be good to know aswell
Copying his system? I would like to see what I am mining
We are selling all mined coins to exchange them to bitcoins, so what's the difference what coins we were mining? I don't want to disclose neither list of coins nor any other details on how the engine works. I hope most people won't mind as long as profits are good
I guess..I would still rather see. God forbid you have a bad day.
February 04, 2014, 01:14:16 PM
Copying his system? I would like to see what I am mining
We are selling all mined coins to exchange them to bitcoins, so what's the difference what coins we were mining? I don't want to disclose neither list of coins nor any other details on how the engine works. I hope most people won't mind as long as profits are good
February 04, 2014, 01:13:47 PM
Only one VERY IMPORTANT thing: you have to declare the applied fees.
It's not important how much your pool is performing good, if you guarantee good payouts people will continue mining even @ 5% fees, but you have to tell us how much we're paying for the service.
It's not important how much your pool is performing good, if you guarantee good payouts people will continue mining even @ 5% fees, but you have to tell us how much we're paying for the service.
February 04, 2014, 01:08:27 PM
Coin list?
All coins are auto converted to BitCoins. He won't tell you, to prevent others from "copying his system". I can tell you for a fact that DOGE isn't enabled. (yet)
Copying his system? I would like to see what I am mining
February 04, 2014, 01:07:34 PM
Looks promising! I couldn't see any way to set up separate workers though? I'd like to point 5 rigs (20MH/s) at this for a split test with another pool. Just concerned if Vardiff will play nicely without separate workers, or if I'll end up with a stratospheric work difficulty.
Edit: I understand that even with a high work difficulty it all ends up about the same in terms of accepted work, but statistical variance blah blah
Edit: I understand that even with a high work difficulty it all ends up about the same in terms of accepted work, but statistical variance blah blah
There is no workers feature (yet), but the vardiff should work fine. I had an user with 70 MH/s during beta and it was working fine.
Also, maximum difficulty is only 512.
February 04, 2014, 01:06:59 PM
I read your PM, and i'm testing your pool right now
If it turns out to be more profitable than doge, i'll stick with it
If it turns out to be more profitable than doge, i'll stick with it
February 04, 2014, 01:04:32 PM
Coin list?
All coins are auto converted to BitCoins. He won't tell you, to prevent others from "copying his system". I can tell you for a fact that DOGE isn't enabled. (yet)
February 04, 2014, 01:02:37 PM
Coin list?
February 04, 2014, 12:55:00 PM
Looks promising! I couldn't see any way to set up separate workers though? I'd like to point 5 rigs (20MH/s) at this for a split test with another pool. Just concerned if Vardiff will play nicely without separate workers, or if I'll end up with a stratospheric work difficulty.
Edit: I understand that even with a high work difficulty it all ends up about the same in terms of accepted work, but statistical variance blah blah
Edit: I understand that even with a high work difficulty it all ends up about the same in terms of accepted work, but statistical variance blah blah
February 04, 2014, 12:48:02 PM
Hello,
A question here, i was not able to see anywhere what is the fee to use the pool ? Can you let me know ?
A question here, i was not able to see anywhere what is the fee to use the pool ? Can you let me know ?
It's in the FAQ - I might need to make it easier to find.
Fee is progressive and depends on how good the pool performs in a given day. On good days fee is a bit higher and on bad days it's lower. This ensures that your profits aren't hit that much on a bad day. The fee during bad days is as low as 1%.
All numbers on the website / in the stats are after the fee, so they are actual net profits.
February 04, 2014, 12:39:03 PM
Hello,
A question here, i was not able to see anywhere what is the fee to use the pool ? Can you let me know ?
A question here, i was not able to see anywhere what is the fee to use the pool ? Can you let me know ?
February 04, 2014, 12:38:46 PM
Can we see a list of coins you are mining, just like multipool has it's charts?
No. While I'm providing detailed hourly stats, I don't want to disclose anything related to how the algorithms work and the choices that the software makes.
February 04, 2014, 12:37:08 PM
Also, important hint that was given to me by one of users: try experimenting with lower intensity as mining fast coins with intensity 20 might give you a lot of rejects. If you experience too many stales, try decreasing intensity. We mine different coins, some of them are very fast.
February 04, 2014, 12:31:57 PM
OK. I understand now, seems to be normal.
Can we see a list of coins you are mining, just like multipool has it's charts?
Can we see a list of coins you are mining, just like multipool has it's charts?
February 04, 2014, 12:24:05 PM
I am getting a lot of rejects in the pool?
Not sure what is “a lot”.
Let me quote from the FAQ on the website. Maybe it will help.
Quote
Is 3% rejected shares something I should worry?
Most users get between 1% and 4% rejected shares with CleverMining and that's perfectly normal for coin-switching pool. It actually isn't because of switching coins, as we've got this covered and if your miner sends a share for previous coin just after coin switch we detect it and it's not wasted. It's because we mine different coins with different times between blocks. Some faster coins (with little time between blocks) will always have bigger rejected shares ratio.
Is 10% rejected shares something I should worry?
Short answer: if it's only for an hour or three, then no. If it's permanent, then yes. Long answer: sometimes rejected ratio can go up to as high as 15% for an hour or three, when we are mining some very fast coins with new blocks coming every few seconds. You shouldn't worry about this. It's more profitable to mine a coin with 200% LTC profitability and 15% stale shares than a coin with 150% LTC profitability and 2% stale shares. The first one has 0.85 * 200% = 170% overall profitability (adjusted for stales) while the second one has 0.97 * 150% = 147%. However if your rejected ratio remains high for more than couple hours, you should start to worry and investigate.
Most users get between 1% and 4% rejected shares with CleverMining and that's perfectly normal for coin-switching pool. It actually isn't because of switching coins, as we've got this covered and if your miner sends a share for previous coin just after coin switch we detect it and it's not wasted. It's because we mine different coins with different times between blocks. Some faster coins (with little time between blocks) will always have bigger rejected shares ratio.
Is 10% rejected shares something I should worry?
Short answer: if it's only for an hour or three, then no. If it's permanent, then yes. Long answer: sometimes rejected ratio can go up to as high as 15% for an hour or three, when we are mining some very fast coins with new blocks coming every few seconds. You shouldn't worry about this. It's more profitable to mine a coin with 200% LTC profitability and 15% stale shares than a coin with 150% LTC profitability and 2% stale shares. The first one has 0.85 * 200% = 170% overall profitability (adjusted for stales) while the second one has 0.97 * 150% = 147%. However if your rejected ratio remains high for more than couple hours, you should start to worry and investigate.
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