Post
Topic
Board Pools (Altcoins)
Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com
by
Terk
on 13/03/2014, 14:51:41 UTC
Sorry to ask, but i´m missing something...

how could it be that there are 10+ coins at more than 100% to LTC, and we are mining at 80% profit??

The only coins that are more profitable than LTC are so tiny, that we can't really mine them. If we put our hashpower there, we will crush them and make them unprofitable within minutes.

I get that the algorithm can't be disclosed but why is profitability going under LTC in the first place?

Shouldn't there be a fail-safe mechanism that jumps to mining LTC so profitability won't ever be below LTC? OK, never under 100% LTC might be too much but at least never under 90%.

Of course we mine LTC. You understand what variance is?

Yeah saw that...if we are going to be 80% of ltc might as well mine ltc... Huh

Even if you mine straight LTC for 100% of your time you won't get 100% profitability in each hour or minute. You don't find exactly the same number of blocks in every hour - one hour your find more blocks, another hour you find less locks. Just take a look in the long term results and you'll see that we're much more profitable than LTC.



To everyone concerned about profitability: I am working hard on new ideas to implement to adapt to new market conditions and boost our profitability. Take a look at bigger picture and see how we're doing comparing to other multipools.

Here's a current screenshot from poolpicker.eu which compares multipools:



CleverMining is the most profitable pool in the span of last 3, 7, 21 and 28 days. A single worse day can always happen. It won't matter much in the long term.