[ANN] profit switching auto-exchanging pool - www.middlecoin.com

[igroock]

"I've identified and fixed an issue causing blocks to be lost. Profits should hopefully be better now."

Wonder where those lost blocks went..................

That statement is of great concern on many many levels. This was basically what many people were suspecting and complaining about for several weeks. Was that code issue recently identified, and/or recently introduced into the system? With which layer was the issue identified? What happened to the blocks not registered against user accounts? They certainly did not disappear. These are questions we will obviously never get answers for.

There was a known issue with DOGE and Kittehcoin, bad forks basically. Everyone was told to stop mining them until the issue was sorted. h2o didnt reply for 4 days so I am guessing he was somewhere and didnt look after the pool. The pool was stuck mining shit basically, the bottom of the pit because the forks were bad. You can say those blocks never existed in the first place. I honestly doubt the guy is stealing coins, he was getting paid enough as is. It was clearly an issue with his code and the issue with coins, he just waited too long to fix it. This is what happens when you let your business slide, you lose half of it (10GH lost)

Personally, I will come back if the issues are sorted

You are a crazy man. I wonder if McDonald's stops making burgers when their managers walk away. Oh you guys weren't cooking burgers when I was gone!?

I dont get your analogy...
The pool operator stepped away when an issue came up, that issue being bad forks in certain coins. Pool continued to mine nothing...Pool operator was not there to fix it in time. Its the same thing as a manager in McDonalds going about his business elsewhere when the place runs out of burger meat...

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[zneww]

"I've identified and fixed an issue causing blocks to be lost. Profits should hopefully be better now."

Wonder where those lost blocks went..................

That statement is of great concern on many many levels. This was basically what many people were suspecting and complaining about for several weeks. Was that code issue recently identified, and/or recently introduced into the system? With which layer was the issue identified? What happened to the blocks not registered against user accounts? They certainly did not disappear. These are questions we will obviously never get answers for.

There was a known issue with DOGE and Kittehcoin, bad forks basically. Everyone was told to stop mining them until the issue was sorted. h2o didnt reply for 4 days so I am guessing he was somewhere and didnt look after the pool. The pool was stuck mining shit basically, the bottom of the pit because the forks were bad. You can say those blocks never existed in the first place. I honestly doubt the guy is stealing coins, he was getting paid enough as is. It was clearly an issue with his code and the issue with coins, he just waited too long to fix it. This is what happens when you let your business slide, you lose half of it (10GH lost)

Personally, I will come back if the issues are sorted

You are a crazy man. I wonder if McDonald's stops making burgers when their managers walk away. Oh you guys weren't cooking burgers when I was gone!?

I dont get your analogy...
The pool operator stepped away when an issue came up, that issue being bad forks in certain coins. Pool continued to mine nothing...Pool operator was not there to fix it in time. Its the same thing as a manager in McDonalds going about his business elsewhere when the place runs out of burger meat...

The analogy is the McDonalds is one of, if not the biggest fast food companies. Middlecoin is the one of, if not the biggest profit switching mining pools.

McDonalds has deliveries every morning to make sure they are stocked and don't run out of burger meat.

Is it that hard to check your computer? After all, he is making a lot of money.

[FrankieSaysRelax]

I think H20 is living up the good life and burning through the $$ while it lasts

[rallasnackbar]

I think H20 is living up the good life and burning through the $$ while it lasts

Why settle for 100 dollars when you can have 200 ?

[coins101]

Cool....looks like normal service is returning.

[jayprime22]

Don't hold your breath!

[igroock]

"I've identified and fixed an issue causing blocks to be lost. Profits should hopefully be better now."

Wonder where those lost blocks went..................

That statement is of great concern on many many levels. This was basically what many people were suspecting and complaining about for several weeks. Was that code issue recently identified, and/or recently introduced into the system? With which layer was the issue identified? What happened to the blocks not registered against user accounts? They certainly did not disappear. These are questions we will obviously never get answers for.

There was a known issue with DOGE and Kittehcoin, bad forks basically. Everyone was told to stop mining them until the issue was sorted. h2o didnt reply for 4 days so I am guessing he was somewhere and didnt look after the pool. The pool was stuck mining shit basically, the bottom of the pit because the forks were bad. You can say those blocks never existed in the first place. I honestly doubt the guy is stealing coins, he was getting paid enough as is. It was clearly an issue with his code and the issue with coins, he just waited too long to fix it. This is what happens when you let your business slide, you lose half of it (10GH lost)

Personally, I will come back if the issues are sorted

You are a crazy man. I wonder if McDonald's stops making burgers when their managers walk away. Oh you guys weren't cooking burgers when I was gone!?

I dont get your analogy...
The pool operator stepped away when an issue came up, that issue being bad forks in certain coins. Pool continued to mine nothing...Pool operator was not there to fix it in time. Its the same thing as a manager in McDonalds going about his business elsewhere when the place runs out of burger meat...

The analogy is the McDonalds is one of, if not the biggest fast food companies. Middlecoin is the one of, if not the biggest profit switching mining pools.

McDonalds has deliveries every morning to make sure they are stocked and don't run out of burger meat.

Is it that hard to check your computer? After all, he is making a lot of money.

You my friend are retarded. I am well aware what a McDonalds is. Your analogy is fucking terrible.

[logi]

You my friend are retarded. I am well aware what a McDonalds is. Your analogy is fucking terrible.

+1

[zneww]

You my friend are retarded. I am well aware what a McDonalds is. Your analogy is fucking terrible.

And the personal bashing I never missed from Middlecoin.

You have a better one?

Also, you said you didn't get my analogy. I explained. Sorry for being "retarded" chief.

You run the pool, you need to watch the pool. This is a business. da fuq?

[madian]

Please allow me to quote myself from the wafflepool forum. I'm too lazy to rant differently and this might help some miners willing to change ship.

Ty PW for the updates. Coming from middlecoin (as many others) I find this thread strangely familiar:

Reason for switching: Wafflepool and others are vastly superior to middlecoin. We have better payout per MH, long live vardiff, we're not as big and we can mine smaller coins, lower rejects, coin visibility, great pool owner updates etc.

A few days mining happily and I get:

1. Lower payout for MH (getting at MC level)
2. F**k H20, he put a fixed diff, he's an idiot etc.... well OF COURSE it's a lower load on the servers so it's a good thing. Someone had to do it first and catch the bullets before it's considered norm.
3. Now that sfire has joined WP (hi btw) we're a big pool and we have to implement an algo for spreading the hash ... kind off what MC has been doing lately.
4. Lower rejects are great but ... well... payout being comparable to others with bigger rejects it's merely a visual thingy.
5. I know what coins we mine. This helps me greatly when I have to explain why we HAVE to mine LTC sometimes and why websites' profit charts sometimes don't paint the whole picture. People always get my explanations and never ask again /s. I guess MC's fog of war over mined coins helped...
6. PW is busy creating profit for us and not having to answer lots of (sometimes stupid, sometimes asked a zillion times) questions. Maybe a twitter account might help?
7 God damn unexchanged/unconfirmed piling up in MC is EVIL. H2O is stealing!. WP doesn't have high unexchanged until it has to manually trade new and exotic coins for witch no exchange can help. And the unexchanged will pile up. and PW will steal our coins. Of course he wouldn't, that's H20's thing...


The only thing missing is SimonG (who resurrected on MC thread, I think he has a SMS service tuned in with the level of FUD/despair in MC) and tealover who's retired after Angela kicked his ass. As I said, I feel like home. Maybe my old Hashcows account still works?

[Sk1llS]

Hope h2o made enough cash to retire because he's just pissed away a gold mine (excuse the pun). Down to 13 Gh/s, soon to be over taken by PoolWaffle. It was fun while it lasted MC. RIP 

[Damnsammit]

Hope h2o made enough cash to retire because he's just pissed away a gold mine (excuse the pun). Down to 13 Gh/s, soon to be over taken by PoolWaffle. It was fun while it lasted MC. RIP 

Yeah, poor h2o

Down to a measley 13GH/s where 3% goes to him... so now he only has 390MH/s going to his private account.  That poor sucker! 

[zneww]

Hope h2o made enough cash to retire because he's just pissed away a gold mine (excuse the pun). Down to 13 Gh/s, soon to be over taken by PoolWaffle. It was fun while it lasted MC. RIP 

Yeah, poor h2o

Down to a measley 13GH/s where 3% goes to him... so now he only has 390MH/s going to his private account.  That poor sucker! 

 

[kimpeck]

Not impressed but Waffle and Clever still not close to MC in regards to pay-out (forgetting the last few days).

[igroock]

Not impressed but Waffle and Clever still not close to MC in regards to pay-out (forgetting the last few days).

I think youre forgetting DOGE being halved. Thats when MC profits went way down. Waffle and Clever are able to be close with DOGE halving.

[KS]

Not impressed but Waffle and Clever still not close to MC in regards to pay-out (forgetting the last few days).

The "last few days" are kind of the whole point to the exodus....

[kimpeck]

I'm not very impressed spending two days mining a dead fork or the total lack of
professionalism but .........

Not once in any test posted or I have conducted myself have I been able to demonstrated that the other pools are any better in M/h's to mBTC

No point switching to a pool that for 99% of the time makes less money.

Don't get me wrong, I am desperately looking for a long-term professionally run pool with working
statists but the M/h's to mBTC matters.

[Shastada]

Not impressed but Waffle and Clever still not close to MC in regards to pay-out (forgetting the last few days).

I think youre forgetting DOGE being halved. Thats when MC profits went way down. Waffle and Clever are able to be close with DOGE halving.

Which means MC was probably 'exploiting' DOGE block rewards by knowing when to mine high value blocks and when to mine something else. It's been suggested that a large pool was doing this for a long time since all the DOGE only pools were averaging well below the 500k average block reward that someone was out there exploiting the obvious to gain advantage to get a better than 500k reward by only mining blocks that were >300k or something like that. So now that DOGE is halved and other coins are being mined heavily then everyone else has evened out. Most likely the big issue was H20's algorithm didn't take into account the halving and stopped mining DOGE most of the time since the block rewards were deemed too low.

[igroock]

Not impressed but Waffle and Clever still not close to MC in regards to pay-out (forgetting the last few days).

I think youre forgetting DOGE being halved. Thats when MC profits went way down. Waffle and Clever are able to be close with DOGE halving.

Which means MC was probably 'exploiting' DOGE block rewards by knowing when to mine high value blocks and when to mine something else. It's been suggested that a large pool was doing this for a long time since all the DOGE only pools were averaging well below the 500k average block reward that someone was out there exploiting the obvious to gain advantage to get a better than 500k reward by only mining blocks that were >300k or something like that. So now that DOGE is halved and other coins are being mined heavily then everyone else has evened out. Most likely the big issue was H20's algorithm didn't take into account the halving and stopped mining DOGE most of the time since the block rewards were deemed too low.

Very likely. Profits went downhill right after the halving, so it makes a lot of sense.

[petersiddle98]

But even if it is alive again but the charges is too high compare to other multi pool.