Quote from: Terk on September 22, 2014, 05:24:20 PM

Quote from: sterlingcapital on September 22, 2014, 04:45:29 AM

Quote from: Terk on September 18, 2014, 11:25:30 PM

I know you're talking about profitability of mining in general, which will always decrease as total hashrate increases every day, but I just wanted to point out that CleverMining has outstanding profitability compared to other mining options.

Our last 5-day average profitability is 133.6% LTC and it seems that we will finish today with ~143% LTC profitability!

Is the profitability of LTC on the website modified to include the free doge coins from the merge mining? to be truly accurate LTC profitability should include how many doge coins mined and sold along with LTC

It's not, because I noticed that not every pool mines DOGE with the same efficiency and our efficiency is totally superior to other pools.

Please take a look at recent hashrates of three largest pools mining LTC (according to https://www.litecoinpool.org/pools):

CleverMining: 305 GH/s (out of which we put 227 GH/s into LTC, but I use our full hashrate here)
F2Pool: 260 GH/s (we have 117% of their hashrate)
Coinotron: 132 GH/s (we have 231% of their hashrate)

You would expect that we would mine 1.17x Dogecoins compared to F2Pool and 2.31x Dogecoins compared to Coinotron, yet according to https://chain.so:

CleverMining has 42.8% Doge network share
F2Pool has 20.8%, so CleverMining mined 2.06x than them despite having only 1.17x hashpower, that's +76% more DOGE per GH/s than them
Coinotron has 13.8%, so CleverMining mined 3.10x than them despite having only 2.31x hashpower, that's +34% more DOGE per GH/s than them

These numbers are not results of luck, because of two reasons: we're talking about 500-600 DOGE blocks per day so the sample is high enough to reduce variance; also, it's been like this for days.

So, there's really no standard baseline of LTC+DOGE which we could compare to as it seems that every pool does it with different efficiency. CleverMining has its own stratum server and we wrote our own merged-mining implementation without using any ready-made code. It seems we simply did it better and our implementation is much more superior compared to other pools.

Even if we would be mining only LTC+DOGE, you would earn more at CleverMining than at other pools. On top of that we add mining other scrypt coins what increases our profitability even further. But the only standard baseline to which you can compare is straight LTC mining, because other pools have 30-80% less efficiency in merge-mining DOGE than CleverMining, so there's no "standard" LTC+DOGE across pools. We perform much better even in LTC+DOGE alone and this is why we compare to LTC profitability as baseline.

Nice work. We are sending tons of hash your way, hope you guys keep it up