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Showing 4 of 4 results by Eriks0n
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Board Pools (Altcoins)
Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com
by
Eriks0n
on 26/02/2014, 19:53:28 UTC
Terk, unexechanged coins for me is consistently equal to or larger than coins ready for payout.  After payouts, I have noticed unexchanged has stayed near 0.01 or higher.

Can you explain how your exchange process works, what frequency we can expect you to make trades and provide payouts?  It was advertised somewhere that this pool pays out more than 1x per day.

*this is asked in a very positive tone I promise*

In the last few days we've been mining a substantial amount of coins which are not available to trade at any exchange offering full trading API so that it could be fully automated. These trades are done manually (which isn't a big deal) and all records about these trades also need to be imported manually (which is a huge pain in the ass and it's why I've been doing it in batches every second day).

I am just finishing a script that would allow for semi-automated import of these manual trades from this exchange so that importing this data would take me a minute, not an hour. I'm testing it on a dev server and will have it running on production within hour. You should expect most of current unexchanged coins to be cleared for payout then. And then there should be no delays in processing manual trades from this exchange.

I decided to work on this before finishing new servers, because I know that high unexchanged balance makes everyone nervous if it remains for too long. Status of new servers is that both EU and Asia are up and running and are mostly configured. But I still need to make changes in my core application to work with multiple regions and put everything from all regions in one bucket, so that everything will work as one pool and you will earn the same BTC/MHs regardless of which server you're using. Plus some health checks and additional error handling for such distributed environment. This will take me probably 5-9 hours. All in all, I expect the servers to be up and running later this night, probably within 8-12 hours. Unexchanged balance should be cleared and paid within couple hours.

This level of transparency is exactly why I mine with Cleverpool.

Thanks!
Post
Topic
Board Altcoin Discussion
Re: Openex hacked but coins recovered
by
Eriks0n
on 28/01/2014, 05:51:30 UTC
I really hope the site takes responsibility. If not you'll see it's user base fall off pretty quickly.
Post
Topic
Board Announcements (Altcoins)
Re: ANN ~BINARY~(BIC) Scrypt | 15 sec coin | 84 Million coins | Binarycoin
by
Eriks0n
on 28/01/2014, 05:32:59 UTC
Nice to see a 0 premine.  I think people will start to notice

Yeah the difficulty is 0.05 right now.

Who knows how long that will last.

Eym8aaz6RyLKa1DPCy2fw7xsc8Y9EW4rS2
Post
Topic
Board Announcements (Altcoins)
Re: ANN ~BINARY~(BIC) Scrypt | 15 sec coin | 84 Million coins | Binarycoin
by
Eriks0n
on 28/01/2014, 05:19:12 UTC
Agreed.

This is one of those sleeping giants. Looks like a few people are starting to see the promise.

NetHash rate just doubled tonight alone.