My point was, all other things being equal (ie BTC per MH/s per day elsewhere being marginally HIGHER than CleverMining although statistical data has not been collected for sufficient duration to list this as a definite factor yet) the reject rate at CleverMining is 5-10% ABOVE any other pool tested (whether multipool or "traditional" mining).  That is 5-10% MORE than other multipool mining pools.  So yes 5-10% may be acceptable for Multipool however whatever the reject rate may be, my expereince is that CleverMining I get a baseline reject rate (as one would expect with any pool)  PLUS an additional 5-10%. With everything else being equal (ie BTC per MH/s per day), if there is a choice between 5-10% and 1% reject rate, which is the better choice?  Not an overly difficult decision.

Note that config in all cases is identical apart from the pool URL.  The only difference is the decreased clockspeed on CleverMining to lower reject rate.  Without this speed reduction the reject rate of a reject rate of 5-10% could be doubled, peaking to treble these values.  Once again NOTE  these changes have not been necessary anywhere else.  I am not trying to do anything with my cards on CleverMining than has worked at all the other pools.  So I can tweak and tune and have specific settings and I have done so experimentally with the 5-10% being the best achieved.  Alternatively I can take the same earnings rate, keep the 0.5Mh I can lose in rejects and using the exact same config I started with (prior to CleverMining tweaks), go to any of the other multipools or traditional pools.

If you look at the way the pool sizes at MiddleCoin, CleverMining and Wafflepool have shifted during the past month you`ll see that something is causing people not to move to CleverMining. Terk is undoubtedly doing a stellar job and having spoken to him a couple of times he is an agreeable fellow especially considering the stress he is under.  However the fact remains .. people can micro-manage their configs and optimise specifically for ClerverMining but why would they bother when they can simply go elsewhere, achieve the same results and not have to bother with this performance tuning?  Alot of people use Multipools as a "fire and forget" solution because they no longer wish to continually monitor pools, markets, prices etc nor do they wish to be perpetually tweaking their rigs to suit the characteristics of individual pools/currencies.  Instead they pick a multipool which allows use of a standard config, with no need for further effort required.  In this fashion they can draw a decent earnings rate from their hashpower.  Excellent, job well done, except .. to get the best out of CleverMining at the moment additional tweaking and tuning does seem to be necessary.

CleverMining has definitely reduced rejects considerably but I still find it a major issue.  I have to dial back clockspeed on my cards (lowering my hash a little) and even then I routinely average 5 - 10%.  This is not something I`ve ever experienced mining elsewhere, whether mining currency or in another multipool.  I have just switched from CleverMining to another multipool to get some stats to make a decent compqarison, however for the moment I can`t make a decent comparison other than to say the earnings rates appear similar with the edge going to the new pool.

One thing that is clear however is that on CleverMining I am showing a reject rate in the region of 5% - 10% with no shortage of spikes considerably over this.  On a couple of other multipools I
On the subject of rejects at CleverMining, I took another look at my stats in an attempt to determine just how much of a factor the elevated reject rate on CleverMining is.  Firstly, I appreciate that hashrate does not equal earnings and that ultimately it is the bottom line, the actual returns, that determine successful mining.  Unfortunately at the moment I do not have extensive returns data to make a full comparison to CleverMining in terms of earnings however my experience so far is that I am certainly no worse off and I may be a fair bit better off elsewhere.

The main factor which impacts CleverMining so heavily is the extremely high reject rate experienced at CleverMining. I have mined for a number of months, both directly on pools supporting a wide variety of currencies and on other multipool pools.  I have mined on pools using servers in Europe, the USA, South America and Asia.  Through all of these pools located around the globe I have never experienced a rate anything close to the reported rate at CleverMining.  I`ve never even come close to half of that rate if truth be told.  So whilst BTC per day per Mh/s is how earnings are quantified, if that input is reduced by rejects in the region of 10% then that is a marked factor in profit calculation.

To put some nunmbers into all of this I run two rigs, one running 4 x R9280x Saphire Vapor-X and one running 2 x R9280x Asus DirectCU  II.  Under normal mining conditions I get 750kh/s out of each Vapor-X and 740 out of each Asus for a total hashrate of approximately 4480kh/s.  Before even getting to BTC earnings per Mh/s per day I looked at the Accepted Hashrate that the pools receive from me.  This is where I see a 10% difference in my inout hashrate and so inevitably in my ourput earnings.

Due to the increased reject rate on CleverMining I have been forced to reduce my GPU-Engine clockspeed otherwise rejects rates are considerably higher.  I should stress again that in all the mining I have done elsewhere I have never had to do this previously.  Even with this speed reduction I still see rejects of 5 - 10% although in fairness this figure has decreased and is certainly much better than it used to be.  Nontheless, decreasing overclocking?!?!?  Reducing speed?!?  What madness is this!?!?

Accepted hash on CleverMining is calculated as
4480 - 50kh/s (reduced clockspeed) - (reject rate 5 - 10% 220kh/s to 450kh/s - average 335kh/s) 335 = CleverMining Accepted Hashrate 4095

Accepted hash on an Alternate Multipool is calculated as
4480 - (reject rate under 1%) - 45kh/s = Alternate Multipool Accepted Hashrate 4435

Wilst the difference is not monumental, neither is it insignificant.  In very broad terms it is a 10% overhead not evident elsewhere.  Using an identical config, changing only addresses, I am unable to replicate this reject rate elsewhere despite trying a number of pools (both direct currency mining or other multipools).  Over the short period I have been collecting stats on the alternative pool there has been a marginally better performance than on Clevermining however as stated it would be unfair to attempt any form of categorisation at this stage with so little data available.

One HUGE PLUS for CleverMining which is worthy of mention is how accessible and approchable CleverMining is.  In the form of Terk, CleverMining has an easily accessible, eminently approachable internet presence providing updates and feedback on a daily basis.  Terk is regularly visible and responsive on IRC and often deals with potentially awkward questions with great tact and diplomacy.  For this he should be congratulated wholeheartedly.  Other pools would do well to note this critical facet of the operation and duplicate it.

Anyway to sum up, whilst rejects is not the be all and end all of mining and earnings is the critical measure of success, where earnings are measured in BTC per Mh/s per day, to lost a constant portion of that Mh/s per day is factor people are rightly considering.  Of course individual mileage may vary and as always it is down to the individual to make their own decisions.  However I just wanted to add my perspective to the mix.





 

Just to confirm that this is not an unusual event I used Litetree for a couple of months, trading and in time amassing $575 and 0.3BTC.  During this time they happily serviced my account and responded promptly to my enquiries.  When it came time to withdraw my funds I spent a week waiting for emails that never came specifying what a non-US citizen should do for account verification.  In the end I negotiated this process only to receive the following email:

Dear Sir or Madam:
 
Due to the fact that banks have frozen some of our customers funds we are unable to payout everyone in full.

Rest assured Litetree will continue to offer a trading platform to our customers and we are even working on adding more coins to the site.

At this time there are 2 options:

1. Wait till the business support for withdrawals is fully restored, we expect this to take several weeks.

2. Take an immediate partial settlement in Litecoins. Currently we are paying 80% of your coin balance and one Litecoin for every $25 of your USD balance.
 
Please reply to settlement@litetree.com if you select the immediate payout option so we can send you the legal settlement document.
 

So 80% of my original deposit in LTC values at almost double market price.  I will be lucky to get half my original deposit.  Not a word of this on thier site anywhere and in fact onb Twitter and other media they boast of their expansion.  It seems they would rather being in new money (to be repaid at Settlement rates) rather than provide the services they advertise for their existing customer.

You can decide for yourselves of course but my advise is that if you want a service that works, do NOT use Litetree.  Spread the word, I don't know if Litetree is a scam or not but what seems extremely likely is that if you deposit their your funds will not be returned in their original amount (less fees) or possibly at all.

Please add Leprocoin (LPC)