My question is this
CM mines the most profitable coin in comparison to LTC, right?
So say LTC is paying 0.007 BTC/MH per day then CM will look for a better coin to mine to exceed that said 0.007 BTC?
So why the hell when no coin is available with a higher payout % doesn't CM just mine LTC instead of dropping the payout to something like 40% of LTC?
Am I missing the absolute obvious? Please shine some light, I would be so grateful, many thanks.
Of course we mine LTC always when there are no more profitable coins and/or we put some portion of our hashrate into LTC if more profitable coins can't handle all our hashrate. Your question was answered numerous times and the best answers are probably these two:
https://bitcointalk.org/index.php?topic=448649.msg5808056#msg5808056https://bitcointalk.org/index.php?topic=448649.msg7155326#msg7155326Im sorry I just don't believe you. Mining at 0.00022 BTC/MH on some hours and you say your pool can't see this and switch to LTC?
Ghash.io shows real time stats and if a coin is better than LTC it mines it, if theres nothing better than LTC, it mines LTC!! I have never seen it mine anything below LTC and below 100% of LTC. Your answers are feeble and just deliberetly confusing. Its nothing to do with chance, its to do with real time statistics and making decisions based on those decisions.
Oh and another thing, your system is skimming my hash rate. All day I have had a steady 140MH/s but your site records 125MH/s.
Im sorry even with rejects I should not be seeing this reduced hash rate.
http://www.clevermining.com/users/1MjbHQ9YY3CGNsmyPTCC5vpXtVGtwsNLTgYou are comparing apples to cucumbers here. GHash.io shows estimated "theoretical" profitability and what their coin switching is based on in real time. That is not the same as historic profitability that CM shows on its charts. The fact that you don't believe in variance does not make it disappear. GHash.io does not magically have 100% luck all the time. If you really need this to be proven try pointing half of your farm to GHash.io and half to CM and let it run for a few weeks, then check the payouts from each.
Same thing with the steady 140 MH/s. You are probably getting this number from your mining software. You should look at accepted shares instead (e.g. WU in cgminer display, or "AcceptedDifficulty" in its API) and if that doesn't match up with the nominal rate then it's a hardware/software problem, not a pool problem.