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Showing 6 of 6 results by DrHookMcracken
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Board Mining (Altcoins)
Re: Is it posible to automaticaly switch between coins based on current difficulty?
by
DrHookMcracken
on 01/05/2018, 03:59:58 UTC
I was thinking of coding a rudimentary program to do something like this.  It would require a lot of manual intervention, at least at first, but I'm ok with that.

The big problem with the current programs that are out there is that they rely on pool APIs which only provide current and 24 hour PROFIT calculations (as was pointed out), and the APIs often don't update frequently enough.  Difficulty is typically one of the bigger factors in these profit calculations, but if it updates too late, you'll get stuck switching too late (i.e. on the upward difficulty swing).
Post
Topic
Board Mining (Altcoins)
Re: [Awesome Miner] - Powerful Windows GUI to manage and monitor up to 10000 miners
by
DrHookMcracken
on 17/04/2018, 04:23:14 UTC

Thanks - that's sort of what I'm talking about.  I actually don't mind using auto-exchange to BTC, but it's really not even perfect for that because there's still down time and ramp-up time with the miner.  For example, I watched earlier today where I was mining X17 on ahash, then it switched to X17 Zerg, then back to X17 on ahash all within 5 min. 

It would be really nice if there was a checkbox in the Profit Switching tab that said something like "Don't switch pools on same algorithm".  Doesn't seem to me like it would be that difficult to implement.

Ahh, so you're meaning same algo but between different multipools. This is harder, but to mitigate the issue, make sure you use 24h actual for statistics. I personally found that both 24h Estimate and of course, Current, skews the profit/MH figure, and ended up with unnecessary switching.

Most Yiimp pools, depend on if they can normalize and if the normalization is applied optimally. they base the 24 Estimate on the recently found blocks, so if they got lucky and hit 2 blocks in a row in a relatively short time, that is usually enough to skew the reported profit to AM and cause you to switch. By the time you switched to them, you usually ended up on the unlucky round(s) as per Murphy's Law...and as a result, not earning as much as you would've expected according to what is being reported.

at least the 24h actual uses much longer period for averaging the reported profit and hence, less swing on the profit rate and less unnecessary switching.

Yeah the 24 hr actual will switch less, but I want to ride the difficulty dips.  Sometimes it works great if the pool finds a few blocks during those dips, and sometimes it doesn't if the dip is short-lived, but I've generally had good results if I keep my switching % threshold high enough.  Some other tools have interesting compromises:
- NemosMiner Plus uses a trust mechanism that combines the 24 hr actual with current estimates
- Crypto GUI Miner seems to store avg difficulties over different time thresholds (i.e. 1 hr, 3 hr, 6 hr, etc.), although their calculator has other problems

I would love it if AM could incorporate one of these ideas, or even just add that "Don't switch pools on same algorithm" checkbox Smiley
Post
Topic
Board Mining (Altcoins)
Re: [Awesome Miner] - Powerful Windows GUI to manage and monitor up to 10000 miners
by
DrHookMcracken
on 17/04/2018, 03:12:10 UTC
Is there any way to prevent switching different pools on the same algo?  I find that sometimes pools play ping-pong with each other on the same algo, which results in more miner downtime. I can mitigate the problem a bit by setting a higher switching threshold %, but I find this still happens fairly often.

Are you talking about switching pools/coins on the same algo that happens on Yiimp pools like Zerg, zpool, ahash...etc?

if so, there's nothing you can do, Yiimp choses the coin to mine and converts the coin to coins specified in your password parameter c=XXX

Mining on multiport means giving away your freedom of choice, yes, the mc=XXX on zergpool doesn't work (least a month ago when I used it), that's how Yiimp works. Setting individual pools on multiport Yiimps also don't work, the Online Services reported metrics overrides your custom coin stats even if you have disabled it.

For example, instead of using online services, you have GoByte setup on zPool, you set the parameter c=GBX and thought everything was okay, you did the same for INN, now, their profitability gets override by zPool's Profit (current, 24h estimate, 24 actual) and regardless what your coins tab is reporting correct figure say, GoByte @ $1.5 a day, INN at $1.0 a day, your details tab tells you both @ $1.5 a day, which is derived from zPool's figure and not Coins Tab figure...

While I love to see more pools added as predefined pools, this issue remains my biggest problem, and a problem for all coin collectors, it's perfect for ppl who just want to set and forget and let pool do all the auto exchange. But not if you want to HODL and unload as you see fit yourself. So in the end, you need to just find pools with individual ports to avoid situation such as the above from happening, and there are compromises you have to make, due to less (noob) miners, hashrates are lower and blocks takes longer (if not forever if you really chose a ghost pool) to find, that takes a good hit on profit.

I'd strongly advocate against adding more pools to predefined Online Services unless we users have a choice on which metric (Coins Individual, or Yiimp-Pool reported) takes precedence over each other when determining profit (to me, it's a clear bug, since how can you have different coins such as GBX and INN, DSR, NYX, TZC, VIVO...etc. all having the same exact profit? you can't! Resulting in 2 miners mining this, 3 miners running another...etc. It's quite a sight to see, but a truely miners gone nuts when you looked at the AM window when such thing happens) . Or just skip Yiimp pools altogether as they are added to AM by default. Luckily, only those Yiimp pools with autoexchange are added to AM and not the ones that have disabled it (please don't add those, I'll be forced to migrate like a nomad).

***
sorry about the rant, but I deem totally relevant and just telling you my experience that if your problem is how I understands it, hope it saves you time not to fiddle around with these multiport auto-exchange yiimps cause it would at current stage, be wasted effort.

Thanks - that's sort of what I'm talking about.  I actually don't mind using auto-exchange to BTC, but it's really not even perfect for that because there's still down time and ramp-up time with the miner.  For example, I watched earlier today where I was mining X17 on ahash, then it switched to X17 Zerg, then back to X17 on ahash all within 5 min. 

It would be really nice if there was a checkbox in the Profit Switching tab that said something like "Don't switch pools on same algorithm".  Doesn't seem to me like it would be that difficult to implement.
Post
Topic
Board Mining (Altcoins)
Re: [Awesome Miner] - Powerful Windows GUI to manage and monitor up to 10000 miners
by
DrHookMcracken
on 16/04/2018, 21:58:37 UTC
Is there any way to prevent switching different pools on the same algo?  I find that sometimes pools play ping-pong with each other on the same algo, which results in more miner downtime. I can mitigate the problem a bit by setting a higher switching threshold %, but I find this still happens fairly often.
Post
Topic
Board Mining (Altcoins)
Re: CryptoGuiMiner- GPU mining software for windows - mine the most profitable coins
by
DrHookMcracken
on 11/04/2018, 04:19:06 UTC
More calculator difficulties:
- Lux coin difficulty seems drastically lower than the actual value, which is why it's #1
- Ravencoin block reward, which hasn't changed since the coin's launch and won't for a while, is for whatever reason below 5k
- XVG is missing completely (I understand removing them during their issues with the hack, but it has been fixed for a few days now)

I like your calculator in that you can specify difficulty averages over different time thresholds, but if you can't get the basic inputs right it's completely useless.
Post
Topic
Board Mining (Altcoins)
Re: CryptoGuiMiner- GPU mining software for windows - mine the most profitable coins
by
DrHookMcracken
on 05/04/2018, 04:32:58 UTC
Perfect ! What price do you use for profitability calculations ?
The average of the last transaction price on exchanges ?
Or the bid price ?
We should choose between last price and bid price (the real price when i sell the mined coins), and choose the exchange for profitability calculations Smiley
Thanks  Cool

For profitability calculations we use difficulty, block time, block reward, price in BTC ...


Where are you getting these metrics from?  In your calculator, the current block reward for Bitcoin Gold is clearly wrong (which is why it's showing as #1 atm), and I've noticed similar problems in the past with other coins.  I have a really tough time trusting this calculator.