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

[h2odysee]

Is there any plan on EU pool i bet EU users would pay more fee for it... i would

At some point, yeah. But not until I have everything working smoothly.

[1714202262]

1714202262

[1714202262]

1714202262

[ranlo]

something does not seem right with this pool. getting shit results.

I have been mining for approx 12 hours straight at 7MH/s, I have not been paid yet as its not 24hours yet but looking at the stats its telling me

Balance (BTC) 0.03761805

Unexchanged Balance 0.03496707

Immature Unexchanged Balance 0.02073287

Total of  0.09331799 BTC for 12hours of work

I've had similar problems. At 6 MH/s you could mine FTC and be getting the equivalent of 240 mBTC a day or LTC and be getting 210 or so mBTC a day, and this has been steady for weeks now. Using middlecoin I was only getting around 70% of that.

[h2odysee]

I've been tagged as a potential problem by cryptsy's anti-DDOS code. So I can't do automatic trading until I get that resolved.

[ranlo]

I've been tagged as a potential problem by cryptsy's anti-DDOS code. So I can't do automatic trading until I get that resolved.

Is this an issue that's been ongoing (ex. you've been doing trades manually) or something new?

[h2odysee]

I've been tagged as a potential problem by cryptsy's anti-DDOS code. So I can't do automatic trading until I get that resolved.

Is this an issue that's been ongoing (ex. you've been doing trades manually) or something new?

This is new. Started a couple of hours ago. I assumed the API was down because of the cryptsy DDOS. But it looks like both my account, and Amazon, are being blocked.

The trades have been automatic.

[ranlo]

I've been tagged as a potential problem by cryptsy's anti-DDOS code. So I can't do automatic trading until I get that resolved.

Is this an issue that's been ongoing (ex. you've been doing trades manually) or something new?

This is new. Started a couple of hours ago. I assumed the API was down because of the cryptsy DDOS. But it looks like both my account, and Amazon, are being blocked.

The trades have been automatic.

Ouch... that sucks, =S. Have you already contacted them regarding it?

[h2odysee]

Ouch... that sucks, =S. Have you already contacted them regarding it?

I've put in a support ticket

[ranlo]

Ouch... that sucks, =S. Have you already contacted them regarding it?

I've put in a support ticket

Awesome. Thanks for the update!

[Beans]

Is anyone mining here seeing profits that are higher then just mining ltc?

[ocmoho]

Is anyone mining here seeing profits that are higher then just mining ltc?

/raises hand.
in the 67 hours ive mined, (saying the estimated unexchanged btc balance is correct) I made .77 btc, I would have only made  .62 BTC.
This is also including the down time that the operator has had, as well as balances that are yet to be counted.
very nice, especially if/once all the bugs are sorted.

[ranlo]

Is anyone mining here seeing profits that are higher then just mining ltc?

/raises hand.
in the 67 hours ive mined, (saying the estimated unexchanged btc balance is correct) I made .77 btc, I would have only made  .62 BTC.
This is also including the down time that the operator has had, as well as balances that are yet to be counted.
very nice, especially if/once all the bugs are sorted.

What is your reported hash rate on the site and locally (separately)? Wanting to compare to mine...

[ocmoho]

Fluctuates between 5 and 6.7
Cgminer reports a total of about 6,650khash.
My cards also get cold for a couple minutes at a time while the server was changing coins/not responding. Hopefully that is fixed.

Is anyone mining here seeing profits that are higher then just mining ltc?

/raises hand.
in the 67 hours ive mined, (saying the estimated unexchanged btc balance is correct) I made .77 btc, I would have only made  .62 BTC.
This is also including the down time that the operator has had, as well as balances that are yet to be counted.
very nice, especially if/once all the bugs are sorted.

What is your reported hash rate on the site and locally (separately)? Wanting to compare to mine...

[ranlo]

Fluctuates between 5 and 6.7
Cgminer reports a total of about 6,650khash.
My cards also get cold for a couple minutes at a time while the server was changing coins/not responding. Hopefully that is fixed.

Is anyone mining here seeing profits that are higher then just mining ltc?

/raises hand.
in the 67 hours ive mined, (saying the estimated unexchanged btc balance is correct) I made .77 btc, I would have only made  .62 BTC.
This is also including the down time that the operator has had, as well as balances that are yet to be counted.
very nice, especially if/once all the bugs are sorted.

What is your reported hash rate on the site and locally (separately)? Wanting to compare to mine...

Thanks for the info. Ran the numbers and your results are above what I expected so that's good! The last time I ran the calculation there were only like five of us mining so that's probably why it was so low... with more people it should be more steady.

[h2odysee]

The cryptsy API is now working for me again.

[ranlo]

The cryptsy API is now working for me again.

Yay, this means we should see some conversions soon?

[JohnyBigs]

so far i am making almost exactly the same as mining LTC, MY hashrate in stats shows about 1.5mh/sec lower. H20 are you supporting all coins? or only a few? For example Alpha, Franko, FastCoin, they seem to be at the top of the list always.

If you were supporting those coins, in the 12 hours i Mined I should of been at about $15 so far.

[h2odysee]

so far i am making almost exactly the same as mining LTC, MY hashrate in stats shows about 1.5mh/sec lower. H20 are you supporting all coins? or only a few? For example Alpha, Franko, FastCoin, they seem to be at the top of the list always.

If you were supporting those coins, in the 12 hours i Mined I should of been at about $15 so far.

I am supporting all those coins. FST has been disabled for the last few hours because of performance reasons while I optimize the database. (Every time I would produce a report, it had a chance of disconnecting users).

During the time that I couldn't access the API, I had disabled a couple of low trade volume coins because I was concerned about having a large volume to trade.

Also, I don't have NVC set up yet, so we lost some money there. I guess with the current hash rate, it's worth turning on. If anyone has a NVC testnet node, let me know.

[metamine]

Statusreport after 36h of mining in the top-5:
==================================
Im seeing profits only marginally higher than mining LTC in a pool. Im giving it a day or two more before deciding.

Reported hashrate is almost always around 15-18% lower than the actual CGMiner rate. I got a somewhat steady reject rate of 2.28 - 3.36%, probably due to the "high" diff of 512 used on fast coins.

[hendo420]

During the time that I couldn't access the API, I had disabled a couple of low trade volume coins because I was concerned about having a large volume to trade.

I was worried about low trade volume thing. If someone knows the coins you have in your mining list and they mean to do your pool harm they could buy up a bunch of low volume coin so the price goes up and your pool will automatically start mining it and you wont be able to sell at the price that it was propped up to because its so low volume.

[metamine]

During the time that I couldn't access the API, I had disabled a couple of low trade volume coins because I was concerned about having a large volume to trade.

I was worried about low trade volume thing. If someone knows the coins you have in your mining list and they mean to do your pool harm they could buy up a bunch of low volume coin so the price goes up and your pool will automatically start mining it and you wont be able to sell at the price that it was propped up to because its so low volume.

Any intelligent algorithm would only look at the buy orders, and also look far down enough to get an average price of the expected amount of coins that will be mined..