Post
Topic
Board Pools (Altcoins)
Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com
by
Terk
on 09/06/2014, 17:17:40 UTC
When you're mining at CleverMining, part of your hashrate goes to mining LTC and part of your hashrate goes to mining other coins (because not always there are other coins more profitable than LTC). That LTC part will generate ~98% in the long term just as if you were mining on a straight LTC pool. That other-coins part will generate >98% in the long term. The combined and final result is our 106% LTC profitability over the last 30 days compared to ~98% which you can expect at a straight LTC pool, so it's 8% better. And this is your reason to stay at CleverMining.

id have to disagree with you terk, if this is the case then your mix of coins is not adequate for the users you support and you are doing them a disservice...  i have written my own coin-switching software that i use for my personal use and never once EVER has the profitability of LTC been the best.  Perhaps this is because your just too big to mine these smaller more profitable coins, in which case i can think of several ways to take advantage of them and increase the profitability of your users, or you just dont keep up to date on coin launches and/or new exchanges that offer better prices...

This was a shortcut to don't get into too much confusing details. We split hashrate among several coins, but some small coins can only accommodate very little hashrate. If we have 20 GH/s and we put 1 GH/s into coin A, 2 GH/s into coin B and 5 GH/s into coin C, then we still have 12 GH/s which we need to put into LTC if it's the fourth most profitable coin. So perhaps I should write “because not always there are other coins more profitable than LTC and which can take all of our hashrate”.