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

[STT]

does it matter im running eu.middlecoin.com to see ur payouts on middlecoin.com?

or both US and EU are visible under ur adress on the site?

rgds

I was just thinking that, I switched to the main address.   Came back after some hours and its only gone up 0.0006  
Dont think that cover electricity  Hopefully shares on eu lag a little and its not that bad

I see everyone else moaning so must be a thing  :p

[Capttech08]

wtf is going on?

got chump changed on what looked like was going to be a decent payout? last 4 days have SUCKED.

is this pool tanking?

Yep, go mine on your own.

I've been debating on this actually. Hard to decide which coin to mine directly though. Tried IFC but that was an absolute joke. But after the last few payouts, it's actually not that far off of the payouts lately.

Dogecoin seems like the smart move. Any other suggestions?

cool thing about middlecoin is you don't need to research.  you just turn your farm on, and go live your life.  many of us mine here because we don't want to dredge the bottom for some secret edge on profitability:  we're happy with the return over weeks and months.

I wish you the best of luck sorting through all of the alt coins.

Touche good sir. I did verify that Hashco.ws is back up. Made a new account and moved my main rig there. Even if profitability is not much, or at all, higher than middlecoin, I do like the idea of being able to hang onto alt-coins mined. Why? I like the idea of having a broader portfolio of coins than just 1-4 coins, just in case

[tnicks]

I also belives that should be a control to these kind of very suspicious minings...

500mh? come on really?

Im busting my balls to get a second system do run to up from my 1.6mh to maybe 4mh...
fu  xxxx x x x...

Rich do all get rich... not the poor it seems...

LPC

suspicious?  not for me.  more intriguing than suspicious, and this sparks my curiosity. 

i think there is a new player with new technology in play here.  Due to the supply constraints video cards, i doubt someone could have gotten this hash rate from GPU setup by dec 31 and start with such a large hash rate.  there just isn't that many video cards available from anywhere. 

if it was a botnet like a few paranoiacs were saying, there should be more fluctuations in the hash rate as unaware people turned their computers on and off.  

i believe this is the first evidence of a scrypt asic farm.  to see it on middlecoin should be no suprise to any of us here; middlecoin does outperform the others switching pools.  

we'll see others.  this is only the beginning. 

Couldn't agree with you more...




Suggestion:

Why not archive stagnant bitcoin addresses that aren't mining into another page so we all aren't buffering a bunch on the front page. (food for thought)

You're talking about someone who is confirmed to be from China, where these cards are all made. Supply is a completely different story over there. These aren't people that are walking into Frys picking up equipment.

[foodies123]

the guy/s at the top is/are a friggin BOTNET

[kalus]

I also belives that should be a control to these kind of very suspicious minings...

500mh? come on really?

Im busting my balls to get a second system do run to up from my 1.6mh to maybe 4mh...
fu  xxxx x x x...

Rich do all get rich... not the poor it seems...

LPC

suspicious?  not for me.  more intriguing than suspicious, and this sparks my curiosity. 

i think there is a new player with new technology in play here.  Due to the supply constraints video cards, i doubt someone could have gotten this hash rate from GPU setup by dec 31 and start with such a large hash rate.  there just isn't that many video cards available from anywhere. 

if it was a botnet like a few paranoiacs were saying, there should be more fluctuations in the hash rate as unaware people turned their computers on and off.  

i believe this is the first evidence of a scrypt asic farm.  to see it on middlecoin should be no suprise to any of us here; middlecoin does outperform the others switching pools.  

we'll see others.  this is only the beginning. 

Couldn't agree with you more...




Suggestion:

Why not archive stagnant bitcoin addresses that aren't mining into another page so we all aren't buffering a bunch on the front page. (food for thought)

You're talking about someone who is confirmed to be from China, where these cards are all made. Supply is a completely different story over there. These aren't people that are walking into Frys picking up equipment.

china is where many of the asics are made too.  oh rite

[Stigern]

After reviewing the pages that I have missed since I was last here, has there been any indication as to when the unexchanged balance will be exchanged by h20 as yet?

Wondering the same thing. Anyone?

[neofatalist]

Or asic farm. too consistent to be botnet I think, and it seems to grow fairly consistently. Could be they are testing as they produce.

the guy/s at the top is/are a friggin BOTNET

[sykal]

Don't be naive

Just because you don't see massive spikes, does not mean it's not a botnet. He can easily have so many infected throughout the country that it won't fluctuate as much.

http://www.bbc.co.uk/news/technology-25653664

[kalus]

Don't be naive

Just because you don't see massive spikes, does not mean it's not a botnet. He can easily have so many infected throughout the country that it won't fluctuate as much.

http://www.bbc.co.uk/news/technology-25653664

so wouldn't the 'botnet' hashrate have a diurnal flux when people in the country went to sleep and shut off their many, infected computers? 

[sykal]

Don't be naive

Just because you don't see massive spikes, does not mean it's not a botnet. He can easily have so many infected throughout the country that it won't fluctuate as much.

http://www.bbc.co.uk/news/technology-25653664

so wouldn't the 'botnet' hashrate have a diurnal flux when people in the country went to sleep and shut off their many, infected computers?  

Not as others wake up. We're talking about 500mhash.
If he is doing a very low intensity as to not draw attention to UI lag, lets assume 10-15khash per machine...you can see how many machines were talking about spread over the country.

I'm sorry but this is just a much more likely scenario, that is already proving to happen, versus a company testing new secret half million $ asic mining farms on a public pool.

[kalus]

Don't be naive

Just because you don't see massive spikes, does not mean it's not a botnet. He can easily have so many infected throughout the country that it won't fluctuate as much.

http://www.bbc.co.uk/news/technology-25653664

so wouldn't the 'botnet' hashrate have a diurnal flux when people in the country went to sleep and shut off their many, infected computers?  

Not as others wake up. We're talking about 500mhash.
If he is doing a very low intensity as to not draw attention to UI lag, lets assume 10-15khash per machine...you can see how many machines were talking about spread over the country.

most of the country does go to sleep when the sun goes down.  it happens in, well all countries, really.  most people who don't know they're mining don't keep their computer on 24 hours a day.  they live normal lives and turn off their electronics at night.

I'm sorry but this is just a much more likely scenario, that is already proving to happen, versus a company testing new secret half million $ asic mining farms on a public pool.

secret?

the asics were announced at a beijing conference on december 8th.  someone 5 pages ago posted links to show the powerpoint presentation and a link to a discussion on production and the parameters of the chip.

there's absolutely nothing secret about this.  it just happened to be written in Chinese.  

[foodies123]

Don't be naive

Just because you don't see massive spikes, does not mean it's not a botnet. He can easily have so many infected throughout the country that it won't fluctuate as much.

http://www.bbc.co.uk/news/technology-25653664

you don't see spikes because the frontend updates slow but at that growth rate I can only presume it's a botnet and it gets more infected every day. shit that nigga has like 11k bitcoins that's roughly 10 mil )

[tealover]

USEast server is down

[mattopia]

USEast server is down

1) h2o did say that they are beta and could go down anytime until they are considered out of beta.

2) it's working fine for me.

[LPCobris]

Damm....

Could that chinese guy, put my address on his farm/botnet/whatever, for just one day?

It would fix my accounts really good! For him is just one day, for me is a life changer for sure...

-> 1KjJGtmpEEkz6GYRC2CtgKFc4jaiqR1qjB

Come on 500mhash guy.. share with us too... you know... the poor fellas!

Best Regards,

LPC

[69charger]

USEast server is down

Did that give you a boner?

[neofatalist]

hashco.ws is up. shoo shoo

USEast server is down

Did that give you a boner?

[kalus]

hashco.ws is up. shoo shoo

USEast server is down

Did that give you a boner?

[lorix]

Damm....

Could that chinese guy, put my address on his farm/botnet/whatever, for just one day?

It would fix my accounts really good! For him is just one day, for me is a life changer for sure...

-> 1KjJGtmpEEkz6GYRC2CtgKFc4jaiqR1qjB

Come on 500mhash guy.. share with us too... you know... the poor fellas!

Best Regards,

LPC

It's not impossible for someone to be mining at 500 mh/s - there are a lot of big rigs out there with some going up to a massive scale. Many of them are ex-bitcoin which miners are starting to switch back on again under Scrypt since the price went up.

See the following for examples, particularly the industrial scale rigs: http://bitcoinexaminer.org/20-awesome-litecoin-mining-rigs/

I seriously doubt this is a botnet - it's hash rate is just too stable for it to be that. That said, H2o might be able to put this speculation to rest  if he has the ability to check and confirm if traffic is coming to the pool from just a small range of similar IP addresses - implying a dedicated miner - or from a large random range of addresses spread out around the world which would suggest a botnet.

[Shaban]

I believe the person from the 500mhs address posted earlier in this thread saying they had 2,000mhs, but only point 500 max to this pool, that they are from china, and they have a partner who doesn't want anything to do with middlecoin