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Author Topic: [ANN] profit switching auto-exchanging pool - www.middlecoin.com  (Read 809784 times)
Doom4535
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December 17, 2013, 04:42:25 AM
 #2401

I'm enjoying these fresh altcoins, it's why I joined middlecoin.  I really like it when I can look at multipool or hashco.ws and see them mining a more established, but less profitable coin.  With middlecoin's size we could potentially do really well off of new coins (assuming they don't go bust).  Zr1trader's reference to an alt hedgefund actually sounds like a neat idea, very risky yes, but middlecoin is large enough for quite a bit of diversification to even out some of the risk.  (The fund could be opt in; if people don't want in they could be payed like we're paid now, otherwise the funds could be pooled and held for extended periods in an attempt to cash out at the best prices).

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EXE: EKtwmweMBLtg5xNXp1anofonJsJiao1DYY
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juggs
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December 17, 2013, 04:44:27 AM
 #2402

When does the daily payout happen?

Usually 02:30 UTC, 2.30 AM UTC.

But today's payout is delayed due to h2o having to do some manual adjustments. He posted a while back about it:

The payout tonight might be late. No more than an hour or two though, if at all. I need to manually move balances from unexchanged to exchanged.

For ref:
http://middlecoin.com/faq.html
Zr1trader
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December 17, 2013, 05:13:11 AM
 #2403

I notice we have unloaded some now and converted. Not sure what we are unloading or where but that is probably good so everyone isn't frontrunning it lol.

What are the most liquid exchanges for altcoins?

Or for example, if I wanted to trade ltc/btc exclusively which exchange has the deepest most liquid depth of market in their book?


Is anyone doing arbitrage between exchanges or do the fees eat up all profit for that. I would think an infant market like this would have great Arb opportunities.
dgross0818
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December 17, 2013, 05:20:49 AM
 #2404

I notice we have unloaded some now and converted. Not sure what we are unloading or where but that is probably good so everyone isn't frontrunning it lol.

What are the most liquid exchanges for altcoins?

Or for example, if I wanted to trade ltc/btc exclusively which exchange has the deepest most liquid depth of market in their book?


Is anyone doing arbitrage between exchanges or do the fees eat up all profit for that. I would think an infant market like this would have great Arb opportunities.

This is not really for this thread, however arbitrage potential is there between exchanges if you know where to look / time it right. Remember that most exchanges won't deposit until a certain number of confirmations, thus what may look like a deal right now may close up by the time you transfer your coins. There were days when you could make 0.5BTC or more arbitraging with nothing more than a BTC... and I'm sure there are many people way better at it than I

There are many threads discussing this in way more depth... I prefer Middlecoin for mining because it tends to earn me the most BTC for my hashing power. That in turn gives me more coins to potentially trade / arbitrage with

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December 17, 2013, 05:22:12 AM
 #2405

I saw a few disconnects and timeouts around 03:39 UTC, but it cleared up around a minute later and started hashing fine again. I just presumed the pool switched to another coin. Has it been going on longer than that?

No, it's actually been going good since then.  I last tried middlecoin a week ago and it was a constant mess of disconnects, but tonight ever since that picture it hasn't disconnected once.  I only posted because I thought it was continuing problems from the last time I tried.  Last time I had the issue I was not able to post here to ask about it.  Hopefully it stays connected for the rest of the night Smiley  I also notice it reports a slightly lower hash rate than what I am actually hashing at, but I guess that's not that big of a deal.
willittobe
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December 17, 2013, 05:44:30 AM
 #2406

Ho my god. It's happening again.

Three cheers for H20.

phzi
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December 17, 2013, 06:35:02 AM
 #2407

Ho my god. It's happening again.

Three cheers for H20.

This is straight up epic... Must be a side-deal with a private buyer or something.

Pool balance ramping straight up.

Epic... H20 H20 H20!
corsaro
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December 17, 2013, 06:35:55 AM
Last edit: December 17, 2013, 06:47:40 AM by corsaro
 #2408

Ho my god. It's happening again.

Three cheers for H20.

This is straight up epic... Must be a side-deal with a private buyer or something.

Pool balance ramping straight up.

Epic... H20 H20 H20!

h2o, excellent work Wink

Daily payout received now. Great.
Your pool is the best.

Pool hashrate is growing more and more and reached 3.48 GH/s now
xminerx
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December 17, 2013, 06:37:55 AM
 #2409

Great job these last few days, H2odyssee! Smiley And with the pool in general, ofcourse. Your choices and work over the last few days more than made up for the drop in value of bitcoin! Smiley

Update: And I just received my daily earnings: 0.0204 btc, mined with a 7850 (330kh/s) and a 4770k (95kh/s)!

lorix
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December 17, 2013, 06:51:50 AM
 #2410

Great work H2o - 0.12348908 BTC here for me today, outstanding result for my paltry 2.6 MH/s!

Proud family man, futurist and all-round Bitcoin fanatic! Smiley
1KBN5gTzX3ECSu9XHrsZJPsMn7vjT67ciF
willittobe
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December 17, 2013, 06:53:28 AM
 #2411

Straight epic.

Best payday of my life thus far, even with BTC doing the chinese fire drill.

rudyo
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December 17, 2013, 06:55:09 AM
 #2412

Amazing day!  In H2odyssee we Trust!!!

Quick question...was today a record as far as payouts?
phrozenspite
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December 17, 2013, 06:55:31 AM
 #2413

badass stuff.

corsaro
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December 17, 2013, 07:24:44 AM
 #2414

Straight epic.

Best payday of my life thus far, even with BTC doing the chinese fire drill.

quoted
kileris
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December 17, 2013, 09:47:58 AM
 #2415

pretty gald i switched from hasco right on time for big payouts. Started mining 3 days ago, so happy with the payouts so far
Xer
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December 17, 2013, 10:09:37 AM
 #2416

Sorry for doubting, i never thought doge would be able to handle that volume.
Getting over 0.03 btc with only 970 khash is epic.

corsaro
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December 17, 2013, 10:34:47 AM
 #2417

Sorry for doubting, i never thought doge would be able to handle that volume.
Getting over 0.03 btc with only 970 khash is epic.



h2o is an expert for exchanging alt coins
Xer
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December 17, 2013, 10:56:57 AM
 #2418

Sorry for doubting, i never thought doge would be able to handle that volume.
Getting over 0.03 btc with only 970 khash is epic.



h2o is an expert for exchanging alt coins

He also seems to be a expert at maintaining a pool. This is the first pool iv ever had so few stales.
I only have 3.5% stales on both my cards. On a pool with 3.7 ghash that's just plain amazing.
Firebug24k
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December 17, 2013, 11:52:03 AM
 #2419

Wow.  This pool sure makes me happy even after the crazy drop vs fiat yesterday.  H20!
Shastada
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December 17, 2013, 12:50:52 PM
 #2420

Hashrate seems to have increased from 2.5GH to 3.6GH in less than 48 hours. Thats amazing.
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