Topic: New profit-switching mining pool with nightly bonus payout-- CoinSolver.com - page 14. (Read 23445 times)

Oh vay. You don't go away. Once I get my rig back up I will give you a weeks worth of data.

I invite your data to show otherwise.

Well until you have 8 weeks of Clever/CoinSolver/Waffle. I could care less.

I have 8 weeks of LTC data   I'll report every day all week on actual payouts - so we can see if your call of "bs" is accurate or not.

You need to realize it is not just CoinSolver... BTC is worth a measly $600 right now.

HashCows = 0.00607474 BTC/MH
Waffle = 0.00879861 BTC/MH
Clever = 0.01087 BTC/MH

Middlecoin has lost over a quarter of their pool for bad payouts.

I do not have the data to add other pools. Clever seems to have never gone below 0.01 which I find BS, as all the other pools are struggling. Like I said, I think you need to take a look at the other pools and the results before claiming things with 2 days of data behind it.

I'm not telling people not to mine here - I'm showing my results.

The profitability results I showed, of Clever > LTC  > CS is accurate (I've backed it up with stats).  Like I said, I will confirm after payout is received.

Prove me wrong.  Mine on CS for a week, and post your earnings per Mh/s per day and let's compare.  It's not a dick move.  CS is asking people to spend resources mining with them, if it's not profitable to do so, they should know.  This is information that will allow them to make adustments such that they ARE more profitable, and capture a higher hash-rate (which will help increase payout frequencies and earnings for everyone).

Ryan, I think this is a better discussion for the thread that has all the mutlipools in it. Also, the payout system is flawed for Clever. I've had 0.007 sitting in my account for at least a week. When I mined there, I had to wait two day for my "Expected Payout" to actually come. I mined to 0.0102 and then stopped and didn't get my payout for 2 days.

I think you need to take a look at the other pools and the results before you "Clevermining multi pool > LTC pool > Coinsolver multi pool" b/c you still haven't proven anything. I would like it if you didn't tell people not to mine here. This is not my pool but thats a dick move.

VTMiner is working his ass off to provide you this service. If you don't like it leave. 2-3 days is nothing on average. Come back with weeks of data and tell me which pool is better. Until then, stop posting here.

Using Clever, My reported earnings over the last 24 hours are 0.0175572 vs. 0.015 I would have made via LTC in the same time period, that's 113%.  This is 0.0092 BTC/Mh/s vs. 0.0078 BTC/Mh/s mining LTC vs. 0.0060 BTC/Mh/s using Coinsolver.

I suffered some power outages as well during this time.

As soon as I have received a payout, is when I'll declare that stat as official.  I'll report for 2-3 days to show paid out and reported BTC/Mh/s.  Those of you using CS should do the same over the same time period for comparison.

From this - so far, Clevermining multi pool > LTC pool > Coinsolver multi pool

I have already provided evidence.

With current LTC difficulty and my hashrate, the amount of LTC that can be mined, using current LTC/BTC conversion rate - 0.015 (and I have been consistently mining the same % since the latest block difficulty change).  BTC/LTC conversion has been very similar for a long time.  0.015 BTC per day - every day, with 1.915 Kh/s - period.

Using coinsolver, the take I received using the same hash rate, over the 3 days I was participating, was significantly less.  Significantly less.  0.011 over the first 36 hours for example.

What's important to me, is payout compared to hashrate.  I'm in it for the BTC, not the other coins.  Whomever can pay me the most for my hashrate, is where I want to be mining, bottom line.  I don't mind paying a fee, provided once subtracted I am earning more than if I was with anyone else, because bottom line, what matters is what is paid into my wallet, period.

Clever, and Middlecoin for example, publish a list of all users, their recorded hashrates, and their payouts.  Using that list, I can accurately predict what my payout would have been over the last 24 hours had I used that pool.  In both cases, they were significantly higher than what I ACTUALLY earned using coinsolver.  I switched to Clever based on that projection, and their stats show my projected payout based on what they say I have earned over the last 24 hours, to be 130%+ that what I would have earned via LTC / BTC conversion @ 0.015 BTC per day.  The projected payout they're showing is close to double what I took using coinsolver.

When I have received the payout - I will update this thread with the actual total, and total BTC per Mh/s so that I can present an actual comparison, apples to apples, of what was earned (and not projected) using either pool.

Aside from that, what evidence should I provide to back up my claim.  I can't think of anything better to prove that by using clever, I'm earning more per Mh/s than I did using CS.

If CS published non manipulated data that contained all users, their hashrates, and payouts over the last 24 hours - we could do an oranges to oranges comparison of projected stats.  I could also compare my earnings to published data to confirm non manipulation on both sides.

Again - who cares what their fees are - if you get X BTC in your account using clever, or any other pool, and you get Y BTC by using CS, and X > Y - the amount of fees being charged was irrelevant, X is better than Y.

Okay, well I gave you all the evidence and statistics. You have not said anything that is based on anything besides the % of LTC Earnings...nor did you explain what "too much of coinsolver is not visible to the miner" means...

I would like to see the stats you are basing this off of that CS was making significantly less then LTC for 3 days, because I am interested in seeing it as well I am sure anyone else who mines here.

Wait, so  let me get this right... not disclosing your fees and the coins you mine is transparent? Man...VT, you are doing something wrong.

You're correct, I meant another decimal point.  I will edit post.

I could care less what the fees are, what I care about is what ends up in my wallet.  I don't mind paying someone 10% if I'm earning 50% more than I would have had I been with someone charging me 1% etc.  Bottom line is what ends up in my wallet, and based on my time on clever today already, I'm projecting 0.02+ btc (133% of LTC earnings, when I was making significantly less than LTC for 3 days on coinsolver).

CS may publish a fee, but they aren't any more transparent than anyone else (anyone running the pool can skim unbeknown to all of us, what matters is what ends up in our pockets).

I'm not suggesting CS was skimming, but their pool is less profitable than mining LTC or clever based on the last 3 days.  You're welcome to try for 10 days in each option if you want and share your results - I'd love for it to be wrong.

Hey Ryan,

What would that be? Clever doesn't even tell you what the fee is, nor do they have a coins list. Gotta let things run more then 3 days

That feature at Clever is the only thing they have over CS. Which VT addressed and said he will be putting out soon.

Also, you claim 0.17, I believe you mean 0.017. That's higher then Clever by far, they advertise 0.010 right now. So we would have outperformed Clever if your numbers are right. Am I wrong?

Another thing, I talked to VT and the prices of Coino and USDe fell dramatically near payout time as the main exchange for that coin was down a good part of the day. We mine those pretty heavily.

If your numbers are right, we all need to be mining Litecoin b/c these profit switchers apparently don't work. Another thing, Wafflepool is at 0.00962549/BTC/Mh, so if we broke 0.01, for being under 200Mh/s as a pool, I think that is pretty good.

CoinSolver is without a doubt one of the most transparent pools out there.

Rate of return has been brutal for 3 days now, significantly less than solo mining LTC.  The graphs show unexplained dips or rakes being taken right before payout last night (the graph showed me at around 0.017 BTC combined balance and then suddenly dipped to around 0.011 and payout ensued).  With my hashrate I would have taken 0.015 in LTC.

I'm going to have to switch to another multi pool.  Clever mining is advertising 158% profitability vs LTC and too much of coinsolver is not visible to the miner.  

Great idea, website was pretty decent, but not profitable.

Unofficial Android App made by GopherDoc!

Unoffical CoinSolver Android App

Thanks for the reply.

In approximate 1.33 days, my first payout is approximately 0.00783 per Mh/s.  Via LTC and converting to BTC, I would have made 0.015.  LTC vs. Coinsolver multipool: LTC 1-0.

I'll let it ride for a few days so I can see if the "good days" are worth the low days - as it's the average over time that matters most.  I'll continue to update this thread with results for the rest of the week.

Hey ryancpwalsh,

I wanted to jump in to confirm what zneww was saying about the graphs-- they have been fairly broken for a while.  They have also been under-reporting actual earnings (sometimes considerably) throughout the day, and occasionally do things like jump up and back down.  We're working on it :/  Actually, we did just fix part of the problem-- the graphs now show your progress a bit better during the day, as they account for most of the immature/mature/in transit coins properly.  The rest will be fixed very soon as we tack down the loose ends during our beta process.  Sorry for the alarm and confusion!

As for the earnings, we have good days and bad days, as do all coin-switching pools.  Coin price fluctuations, volatile difficulties, the whims of the wallets and exchanges, etc, work for and against us some days.  And, for the record, we are working on several improvements in the coming weeks that should help alot with our pool efficiency (therefore profitability).  Pool hash power doesn't hurt either, if we grow we can tackle some more difficult coins (ie. DOGE)-- but its not everything.

Also, we are going to be putting out data about our daily averages @ 1Mh/s to help people see how we've been doing a bit more easily.  We're open to suggestions/requests about information you would like to see on the site, as we'd like to be as transparent as possible about how we operate. 

Cheers,

-VTMiner

im mining here too, lets see how that goes

I'm concerned.  With approximately 2 Mh/s, I am doing approximate 1.4% of the work of the pool (current hashrate of 141821 Kh/s ).  The pool has earned 0.47 BTC today so far in 13.5 hours, or 0.0348 BTC/hour - which projects to 0.8352 BTC per day.  My projected take before fees (1.4%) is approximately 0.01169

Mining LTC I would have gotten over 0.015 BTC today.

Why would someone mine a multi pool like this over LTC (I think this is a fair question).  How do we increase our earnings as a group?  Are we low because our overall hash rate as a group isn't high enough to find blocks during profitable times?

From the main page:

I can tell you not to watch the graphs b/c they are not that accurate. The balance seems to boost near payout time. It is a bug they are fixing.

Also, The payout system for CoinSovler is a proportionate one-- every night at payout, the daily earnings of BTC are divvied up amongst the miners according to their percentage of work for the day. Any coins pending tade, or immature coins are carried over for the next day's work.