Where are your servers located? Have you ever thought of adding new servers in different areas around the globe? Oceania which will cover, most Asia/Australia etc....
Also I am guessing your servers are on the East coast of US?
Even West coast would be another good option I think as waffle USWEST pings are close to their Oceania server ping... 177ms vs 164ms
Comparing to waffle EAST & US CLEVER @ 238-237ms Most likely same region
Topic: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com - page 90. (Read 554380 times)
May 23, 2014, 07:10:59 AM
May 23, 2014, 06:41:27 AM
But wait a minute, what about the Ping doesn't this affect accepted shares also??
Ping time is one of the reasons causing rejected shares. You don't need to include it in your calculations as it's already “included” in reject ratio.
But the interesting thing about this is, I have had reject rates higher with certain pools with ping around the same.
Example -
1 pool 230ms = 6% reject
2 pool 230ms = 3% reject
Ahh Ok I think I see what you mean..... All you need to look at in calculations is Accepted - Rejected... Ping can be what ever it wants ? DOHH
May 23, 2014, 06:39:17 AM
But wait a minute, what about the Ping doesn't this affect accepted shares also??
Ping time is one of the reasons causing rejected shares. You don't need to include it in your calculations as it's already “included” in reject ratio.
May 23, 2014, 06:36:21 AM
Quick question -
EXAMPLE ONLY
1st Pool has 165ms Ping and [Avg 24hr --104% LTC Profitabilty] 2%fee 1-2% Rejection
2nd Pool has 235ms Ping and [Avg 24hr --117% LTC Profitabilty] 2%fee 4-6% Rejection
Which do you think will pay out more?
EXAMPLE ONLY
1st Pool has 165ms Ping and [Avg 24hr --104% LTC Profitabilty] 2%fee 1-2% Rejection
2nd Pool has 235ms Ping and [Avg 24hr --117% LTC Profitabilty] 2%fee 4-6% Rejection
Which do you think will pay out more?
You just need to calculate net profitability, i.e. excluding rejections and fees.
net profitability = gross profitability x (1-fee) x (1-rejections)
For your example (I will average the rejection rate):
1st: 104⋅(1−0.02)⋅(1−0.015) = 100.3912
2nd: 117⋅(1−0.02)⋅(1−0.05) = 108.927
In this case the second pool WAS more profitable in the observed period. I uppercased 'was' because past profitability is in no way a prediction for future profitability. One pool can have 120% LTC profitability in a given hour and 80% prof. in the following hour. It is just luck. Rejection rates are more stable tough, so try to avoid pools where you get high rejections.
But wait a minute, what about the Ping doesn't this affect accepted shares also??
Edit: New server I hear??! Hmmm must try this soon hopefully rejects drop
May 23, 2014, 06:17:04 AM
All CM published numbers are after fees, so you don't need to subtract a fee from them because you would do it twice.
Speaking of rejects, does anyone using the US server notice any change in rejects and/or accepted MHs on the new server launched an hour ago?
Speaking of rejects, does anyone using the US server notice any change in rejects and/or accepted MHs on the new server launched an hour ago?
May 23, 2014, 05:53:09 AM
Quick question -
EXAMPLE ONLY
1st Pool has 165ms Ping and [Avg 24hr --104% LTC Profitabilty] 2%fee 1-2% Rejection
2nd Pool has 235ms Ping and [Avg 24hr --117% LTC Profitabilty] 2%fee 4-6% Rejection
Which do you think will pay out more?
EXAMPLE ONLY
1st Pool has 165ms Ping and [Avg 24hr --104% LTC Profitabilty] 2%fee 1-2% Rejection
2nd Pool has 235ms Ping and [Avg 24hr --117% LTC Profitabilty] 2%fee 4-6% Rejection
Which do you think will pay out more?
You just need to calculate net profitability, i.e. excluding rejections and fees.
net profitability = gross profitability x (1-fee) x (1-rejections)
For your example (I will average the rejection rate):
1st: 104⋅(1−0.02)⋅(1−0.015) = 100.3912
2nd: 117⋅(1−0.02)⋅(1−0.05) = 108.927
In this case the second pool WAS more profitable in the observed period. I uppercased 'was' because past profitability is in no way a prediction for future profitability. One pool can have 120% LTC profitability in a given hour and 80% prof. in the following hour. It is just luck. Rejection rates are more stable tough, so try to avoid pools where you get high rejections.
May 23, 2014, 05:38:31 AM
Quick question -
EXAMPLE ONLY
1st Pool has 165ms Ping and [Avg 24hr --104% LTC Profitabilty] 2%fee 1-2% Rejection
2nd Pool has 235ms Ping and [Avg 24hr --117% LTC Profitabilty] 2%fee 4-6% Rejection
Which do you think will pay out more?
EXAMPLE ONLY
1st Pool has 165ms Ping and [Avg 24hr --104% LTC Profitabilty] 2%fee 1-2% Rejection
2nd Pool has 235ms Ping and [Avg 24hr --117% LTC Profitabilty] 2%fee 4-6% Rejection
Which do you think will pay out more?
May 23, 2014, 04:31:41 AM
The US server is back online.
It was down due to unexpected tech issues, and for some reason my monitoring alerts was delivered to my phone with 2 hours delay. I'm sorry for the downtime.
It was down due to unexpected tech issues, and for some reason my monitoring alerts was delivered to my phone with 2 hours delay. I'm sorry for the downtime.
May 23, 2014, 03:30:32 AM
CA/US stratum appear to be down
No idea, im on EU. Are you sure its down? Can anyone else confirm this?yup seems down for me too
Yes, same here.
May 23, 2014, 03:28:18 AM
CA/US stratum appear to be down
No idea, im on EU. Are you sure its down? Can anyone else confirm this?yup seems down for me too
May 23, 2014, 03:20:05 AM
CA/US stratum appear to be down
No idea, im on EU. Are you sure its down? Can anyone else confirm this? May 23, 2014, 03:17:41 AM
CA/US stratum appear to be down
May 23, 2014, 02:16:23 AM
Hi all,
sorry if this question was already posted in answered, but I really wanna know if there's any site with auto-switch X11 (not Scrypt) mining pool with auto-exchange to Bitcoins??
Maybe clevermining considering that in future?
sorry if this question was already posted in answered, but I really wanna know if there's any site with auto-switch X11 (not Scrypt) mining pool with auto-exchange to Bitcoins??
Maybe clevermining considering that in future?
May 22, 2014, 10:48:42 PM
I started in DEC of this year
This right here is your problem, going back in time can only yield negative ROI.
Seriously though, I think you can still do quite well with your GPUs and $0.07/kWh. Even Scrypt is still slightly profitable with that power cost, and Scrypt-N or X11 - definitely.
even with my avg cost of .08/kWh GPU mining is profitable
May 22, 2014, 10:34:08 PM
I started in DEC of this year
This right here is your problem, going back in time can only yield negative ROI.
Seriously though, I think you can still do quite well with your GPUs and $0.07/kWh. Even Scrypt is still slightly profitable with that power cost, and Scrypt-N or X11 - definitely.
May 22, 2014, 09:47:10 PM
Frankly guys, it's time to shut off the miners and find better ways to make a profit. Sure BTC is moving up slightly, but there is no way the ALT-COIN market is going to recover. There are more than 291 altcoins on the market with more coming out every week. Even if BTC were to increase by 25-30% of it's current value there just isn't enough hash rate to go around and these new ASICs will NEVER ROI. It's a losing proposition for everyone not on a free electric grid.
I invested 2K in mining equipment and I have only recovered about 60-65% of my original investment (and I started in DEC of this year).
At least 1K of it was in GPU's which I can now use on gaming, so not a total loss. (I made back a little over 1.2K USD in "mining" after electricity and I pay .07/kilowatt - which is better than most.)
Prices are a fraction of what they were in JAN-FEB ... anyone who invests in new mining gear will be lucky to recoup 25% of their investment.
I keep checking back here to see if profits make an out of the ordinary jump like they did when white coin came out, but other than that I'm done.
I invested 2K in mining equipment and I have only recovered about 60-65% of my original investment (and I started in DEC of this year).
At least 1K of it was in GPU's which I can now use on gaming, so not a total loss. (I made back a little over 1.2K USD in "mining" after electricity and I pay .07/kilowatt - which is better than most.)
Prices are a fraction of what they were in JAN-FEB ... anyone who invests in new mining gear will be lucky to recoup 25% of their investment.
I keep checking back here to see if profits make an out of the ordinary jump like they did when white coin came out, but other than that I'm done.
May 22, 2014, 03:45:45 PM
Glad to have the charts back . Was a bit worried it was a minimalistic UI update.
. Was a bit worried it was a minimalistic UI update. May 22, 2014, 03:02:49 PM
Real-time charts are back. It was a bug, I'm sorry.
May 22, 2014, 01:50:45 PM
Aww damn these profits are so low.
May 22, 2014, 09:34:01 AM
Ya, but why can't I see those graphs in the stats page?
They've also disappeared for me. If this is a UI update of some sort, I'd really like them back. They where very useful for diagnosing problems with my mining rig.
Same here. I alternate between leasing my rigs and mining at Clever, so it's nice to be able to see that failover worked properly when I switch back.
Out of interest, where are you leasing your crypt rigs? And what are you thoughts, worth doing ?
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