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Showing 3 of 3 results by davidcie
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Board Mining (Altcoins)
Re: MegaMultiPool.com | +20 scrypt &+ 10 SHA-256 pools | Auto-switch pools | 1% Fee
by
davidcie
on 13/02/2014, 09:15:49 UTC
Just wanted to chip in with my 2c. Pointed 1.6 MH towards this pool, and an equal hashpower towards a DOGE pool. Over the past 24 hrs, got 7622 DOGE (slightly more than the estimated 7500 taking into account lower rig power at night), which translates to roughly 0,021 BTC at current Cryptsy rates. Over the same period, I earned a measly 0.0047 BTC in the coins that auto-sold plus an estimated of 0.0025 BTC in unsold coins at MegaMultiPool.

Summing up, mining DOGE directly I got 0,021 BTC while MMP gave me 0,0072 BTC over the same period - a third of that! Plus the uncertainty whether various altcoins I've been mining at MMP will sell at all.

The idea is great, the UI is great, autotrading makes a lot of sense... But in my case it simply doesn't work well. Perhaps MMP should only switch coins every few hours and sell them right away when they're still profitable rather than queue people up..? As I see it, the current way we end up with tiny amounts of each coin that is below the autotrading threshold and see our predicted profits drop after a coin switch.

Edit: just realized this is less than half of what I'd get mining even LTC directly (0.6074 LTC over 24 hrs according to CoinWarz vs ~0.2820 LTC I earned). Guess I'll be looking for greener pastures elsewhere... Have any of you done any apples-to-apples comparisons (ie. same time, same hashpower MMP vs something else)?
Post
Topic
Board Mining (Altcoins)
Re: Switchercoin.com ! We mining forks - get LTC !
by
davidcie
on 30/01/2014, 08:46:03 UTC
how do i see how many orphans the pool is getting?

As it's now mining DOGE, go to the DOGE stats page and scroll down to the "LAST 50 BLOCKS FOUND" section. The validity column will show 'Orphan' for the orphaned blocks. You can't really see very far back (again, transparency is one of this pool's problems IMO), but at one point a few days ago it was like 4 orphaned out of 10 found blocks!

Crazy, and wonder if there's a way of double checking the validity of this information. Eg. is it possible to claim a block orphaned while in fact it was not?
Post
Topic
Board Mining (Altcoins)
Re: Switchercoin.com ! We mining forks - get LTC !
by
davidcie
on 29/01/2014, 15:45:05 UTC
I started mining here 27 hours ago. Taking the balance accumulated in the last 24 hours, the profit is very close to what I would have got if I mined LTC directly. In contrast, the site advertised ~168% profit. I'll move on to another pool.

I'm feeling the same way. It's a shame as I was happy.

+1. Have been mining on three pools for a few days for comparison (polmine, teamdodge and switchercoin - all DOGE) and have to say my earnings on switchercoin are consistently ~30+% less than on other pools. I do understand that luck does play a part, but with dogecoin's block generation you shouldn't need weeks for the luck factor to more or less level out. Just a word of caution to everyone looking for the 'daddy of all multipools'...

Don't think I'll be coming back before there's more transparency eg. a way to chceck previous rounds' stats like on teamdodge.