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Author Topic: [ANN] profit switching auto-exchanging pool - www.middlecoin.com  (Read 829872 times)
rpg
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October 01, 2013, 08:31:31 PM
 #1841

your success has made it impossible to turn a profit. At 2G it requires around .04 to break even. Way too much hash power being thrown at very weak coins. Most of them will be dead by years end any way. I'm just leaving a bit earlier. Best of luck to everyone
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h2odysee (OP)
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October 01, 2013, 08:33:11 PM
 #1842

Hi H2o,

I haven't mined at your pool since September 9th but am still carrying this balance:

1F42UkqxjWio8zDfNQDQMUHaNfA9ypv65i          0.04390409    0.01542431    0.00034009    17.27845351


Will it ever get exchanged and paid to me?

I've fixed most of the stuck coins today. There's still some left I'm working on.

http://middlecoin.com - profit-switching, auto-exchanging scrypt pool that pays out in BTC
BChydro
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October 02, 2013, 04:38:42 AM
 #1843

Most responsible pool operators that I've seen at least removed pool fees temporarily after screwing up. And these screw ups I speak of are minor compared to losing $2000+ USD of the pool's funds. You've lost my hash power.
flound1129
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October 02, 2013, 07:13:21 AM
 #1844

Most responsible pool operators that I've seen at least removed pool fees temporarily after screwing up. And these screw ups I speak of are minor compared to losing $2000+ USD of the pool's funds. You've lost my hash power.

Where are you getting $2000?

If Middlecoin had been on the updated chain, in 5 hours you would have found around 30 blocks which would be around 5 BTC worth.

The bad blocks found on the wrong chain were found at artificially low difficulty with almost no competing hashrate, so you can't really count that amount.

Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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October 02, 2013, 08:20:59 AM
 #1845

Most responsible pool operators that I've seen at least removed pool fees temporarily after screwing up. And these screw ups I speak of are minor compared to losing $2000+ USD of the pool's funds. You've lost my hash power.

Where are you getting $2000?

If Middlecoin had been on the updated chain, in 5 hours you would have found around 30 blocks which would be around 5 BTC worth.

The bad blocks found on the wrong chain were found at artificially low difficulty with almost no competing hashrate, so you can't really count that amount.
The pool's immature funds went from 21 BTC to 8 BTC after the blunder was discovered. 13 BTC so closer to 1650-1700 USD, still doesn't make me any happier.
boozer
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October 02, 2013, 08:23:25 AM
 #1846

Most responsible pool operators that I've seen at least removed pool fees temporarily after screwing up. And these screw ups I speak of are minor compared to losing $2000+ USD of the pool's funds. You've lost my hash power.

Where are you getting $2000?

If Middlecoin had been on the updated chain, in 5 hours you would have found around 30 blocks which would be around 5 BTC worth.

The bad blocks found on the wrong chain were found at artificially low difficulty with almost no competing hashrate, so you can't really count that amount.
The pool's immature funds went from 21 BTC to 8 BTC after the blunder was discovered. 13 BTC so closer to 1650-1700 USD, still doesn't make me any happier.

Yea, the graph shows the pool going from ~27 BTC immature/unexchanged plus ~7 BTC Balance (34 BTC total) to ~17 BTC immature/unexchanged plus ~1 BTC balance (18 BTC total).  Thats ~16 BTC difference or $2016 USD at current Bitstamp price. I think there was a payout there but that still makes almost 10 BTC difference if you exclude the BTC that were in the balance.

Not saying right or wrong, but that is where I would guess the number he used came from and what the graph shows. 
flound1129
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October 02, 2013, 09:34:52 AM
 #1847

Most responsible pool operators that I've seen at least removed pool fees temporarily after screwing up. And these screw ups I speak of are minor compared to losing $2000+ USD of the pool's funds. You've lost my hash power.

Where are you getting $2000?

If Middlecoin had been on the updated chain, in 5 hours you would have found around 30 blocks which would be around 5 BTC worth.

The bad blocks found on the wrong chain were found at artificially low difficulty with almost no competing hashrate, so you can't really count that amount.
The pool's immature funds went from 21 BTC to 8 BTC after the blunder was discovered. 13 BTC so closer to 1650-1700 USD, still doesn't make me any happier.

Right, but those weren't "real" funds, they were based on a bunch of FTC blocks that were found at artificially low difficulty with little competing hashrate on the network.

As I said earlier, if middlecoin had been mining on the right chain the amount would have been closer to 5 BTC.  You didn't 'lose' the 13 BTC because it was never really there.  It was just a number in the database.

Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
andrew12
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October 02, 2013, 05:28:55 PM
 #1848

Wow! 0 BTC unexchanged! Did you get rid of *all* of the stuck coins? Smiley
h2odysee (OP)
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October 02, 2013, 05:30:52 PM
Last edit: October 02, 2013, 06:08:10 PM by h2odysee
 #1849

Wow! 0 BTC unexchanged! Did you get rid of *all* of the stuck coins? Smiley

I believe there is still a small amount of immature stuck coins. But I fixed most of it yesterday.

There is a hashrate display error at the moment. Will be cleared up in an hour. Edit: it's cleared up.

http://middlecoin.com - profit-switching, auto-exchanging scrypt pool that pays out in BTC
BChydro
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October 02, 2013, 08:16:01 PM
 #1850

Most responsible pool operators that I've seen at least removed pool fees temporarily after screwing up. And these screw ups I speak of are minor compared to losing $2000+ USD of the pool's funds. You've lost my hash power.

Where are you getting $2000?

If Middlecoin had been on the updated chain, in 5 hours you would have found around 30 blocks which would be around 5 BTC worth.

The bad blocks found on the wrong chain were found at artificially low difficulty with almost no competing hashrate, so you can't really count that amount.
The pool's immature funds went from 21 BTC to 8 BTC after the blunder was discovered. 13 BTC so closer to 1650-1700 USD, still doesn't make me any happier.

Right, but those weren't "real" funds, they were based on a bunch of FTC blocks that were found at artificially low difficulty with little competing hashrate on the network.

As I said earlier, if middlecoin had been mining on the right chain the amount would have been closer to 5 BTC.  You didn't 'lose' the 13 BTC because it was never really there.  It was just a number in the database.
The difficulty on our orphaned chain was the same as the main chain...
nachius
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October 09, 2013, 02:39:34 PM
 #1851

Webpage down, miners can't connect, but middlecoin.com responds to pings fine anyone know or heard what's going on?
h2odysee (OP)
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October 09, 2013, 02:40:12 PM
 #1852

Webpage down, miners can't connect, but middlecoin.com responds to pings fine anyone know or heard what's going on?

Working on it.

http://middlecoin.com - profit-switching, auto-exchanging scrypt pool that pays out in BTC
h2odysee (OP)
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October 09, 2013, 02:46:49 PM
 #1853

Webpage down, miners can't connect, but middlecoin.com responds to pings fine anyone know or heard what's going on?

Working on it.

We're back up.

http://middlecoin.com - profit-switching, auto-exchanging scrypt pool that pays out in BTC
clintar
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October 09, 2013, 07:11:00 PM
 #1854

So have payouts been the same for a while or is this low these last few days. I haven't been mining here for a while as my one video card was overheating suddenly, but i'm getting about half what I used to.
h2odysee (OP)
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October 09, 2013, 07:17:26 PM
 #1855

So have payouts been the same for a while or is this low these last few days. I haven't been mining here for a while as my one video card was overheating suddenly, but i'm getting about half what I used to.

It's been the same for a while.  http://middlecoin.com/profitgraph.html

LTC is at 0.0142 profitability right now. So since the feathercoin blunder, we've been averaging a bit more than that.

http://middlecoin.com - profit-switching, auto-exchanging scrypt pool that pays out in BTC
clintar
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October 09, 2013, 07:56:36 PM
 #1856

So have payouts been the same for a while or is this low these last few days. I haven't been mining here for a while as my one video card was overheating suddenly, but i'm getting about half what I used to.

It's been the same for a while.  http://middlecoin.com/profitgraph.html

LTC is at 0.0142 profitability right now. So since the feathercoin blunder, we've been averaging a bit more than that.
Ok, maybe I'm just needing to get some immature built up and stabilized to get to where i was before I'm back into the same groove I was before.

Thanks, and sorry. I'm sure you love these kinds of questions...
dadach
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October 15, 2013, 11:54:49 AM
 #1857

hi, on dustcoin my estimates for 1300-1500khash are 0.022 per day

so far in 12 hours i have 0.006 whic his gonna be barely a half of the predicted

mining LTC or FTC gets me to 0.02 per day

is this because this is a first day that im seeing such low count, or does this pool have problems?

thanks

To DA Moon!!! donations accepted >.< 38nvHaNqF5nv4ifhUyq9CChnBmRs2DSv4r
Eastwind
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October 15, 2013, 03:41:46 PM
 #1858

hi, on dustcoin my estimates for 1300-1500khash are 0.022 per day

so far in 12 hours i have 0.006 whic his gonna be barely a half of the predicted

mining LTC or FTC gets me to 0.02 per day

is this because this is a first day that im seeing such low count, or does this pool have problems?

thanks

I think it is because of first day and you will have some immature coins. But for 1.5MH, there is no point mining here as the difficulty level (512) is too high for such small hash rate.
hulk
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October 15, 2013, 03:52:25 PM
 #1859

The payout is pretty low these few weeks, what happened?Huh

h2odysee (OP)
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October 15, 2013, 05:11:05 PM
 #1860

hi, on dustcoin my estimates for 1300-1500khash are 0.022 per day

so far in 12 hours i have 0.006 whic his gonna be barely a half of the predicted

mining LTC or FTC gets me to 0.02 per day

is this because this is a first day that im seeing such low count, or does this pool have problems?

thanks

Is the 0.006 just your balance, or all of the immature/unexchanged/balance/payout columns combined? You need to add all these up, rather than just look at the balance, if you want to measure profits for as short a period of time as 12 hours.

LTC mining with your hashrate range will get you 0.0176 to 0.0203 at the current difficulty / exchange rate.

http://middlecoin.com - profit-switching, auto-exchanging scrypt pool that pays out in BTC
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