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

[Biggen]

I don't get how some of you are figuring the guy with 600+Mh/s is taking money from the rest of us.  This is a proportional pool.  He earns his share with his hashrate as do we all.  It makes no difference if he is mining or not.  You will still get the same amount proportional to how many shares you submit.

[neofatalist]

I don't get how some of you are figuring the guy with 600+Mh/s is taking money from the rest of us.  This is a proportional pool.  He earns his share (as do we all) with our hashrate.  It makes no difference if he is mining or not.  You will still get the same amount proportional to how many shares you submit.

because, greed.

[vex_zg]

I don't get how some of you are figuring the guy with 600+Mh/s is taking money from the rest of us.  This is a proportional pool.  He earns his share with his hashrate as do we all.  It makes no difference if he is mining or not.  You will still get the same amount proportional to how many shares you submit.

if you take in the account the limited market for smaller and more profitable altcoins, then yes, the bigger we are, the lesser the profits will be, since lesser coins have small market depth so we can't mine (a lot) of them, so we must  go for the bigger, less profitable ones, hence the bigger we are, the lesser is our profitability.

[Biggen]

if you take in the account the limited market for smaller and more profitable altcoins, then yes, the bigger we are, the lesser the profits will be, since lesser coins have small market depth so we can't mine (a lot) of them, so we must  go for the bigger, less profitable ones, hence the bigger we are, the lesser is our profitability.

Have an example of this "limited market" and when it impacted the pool??

From what I can tell we still mine lots of Doge coin.

[mikeybit]

if you take in the account the limited market for smaller and more profitable altcoins, then yes, the bigger we are, the lesser the profits will be, since lesser coins have small market depth so we can't mine (a lot) of them, so we must  go for the bigger, less profitable ones, hence the bigger we are, the lesser is our profitability.

Have an example of this "limited market" and when it impacted the pool??

Have you seen the amount of unexchanged coins lately?

[Biggen]

Have you seen the amount of unexchanged coins lately?

That doesn't prove anything.  Perhaps the exchange H2o uses is down/behind.  Perhaps H2o waits until certain times of the day to exchange the alts to BTC.  There are too many variables at play to say for certain why the unexchange rate is higher/lower one day to the next.

[phzi]

if you take in the account the limited market for smaller and more profitable altcoins, then yes, the bigger we are, the lesser the profits will be, since lesser coins have small market depth so we can't mine (a lot) of them, so we must  go for the bigger, less profitable ones, hence the bigger we are, the lesser is our profitability.

Have an example of this "limited market" and when it impacted the pool??

Have you seen the amount of unexchanged coins lately?

Unexchanged coins have nothing to do with anything you are talking about - coins aren't transfered to an exchange immediately, often there is a delay before those coins can be transfered without fee. This has been explained before...

[ellave]

Hashcows is back up now I would expect people to leave here

[Sophokles]

u should consider teamviewer. 

Raaahhhrg! What's happening to me?


I'm not at home so I can't check what's going on my puter... Why would I suddenly get all my hashing rejected??

Had the same the other day. The cgminer froze, while the rest of the machine was running ok.
Just restarting cgminer fixed it. Use of cgwatcher to auto-restart in case of hash-rate below a threshold would fix the problem.

[MrJay]

I don't get how some of you are figuring the guy with 600+Mh/s is taking money from the rest of us.  This is a proportional pool.  He earns his share (as do we all) with our hashrate.  It makes no difference if he is mining or not.  You will still get the same amount proportional to how many shares you submit.

because, greed.

And also because, stupid.  There are quite a few people that just don't know what they're talking about when it comes to mining, multipools, trading etc and listen to people like tealover when they prattle on about things.

[grimrog]

if you take in the account the limited market for smaller and more profitable altcoins, then yes, the bigger we are, the lesser the profits will be, since lesser coins have small market depth so we can't mine (a lot) of them, so we must  go for the bigger, less profitable ones, hence the bigger we are, the lesser is our profitability.

Have an example of this "limited market" and when it impacted the pool??

Have you seen the amount of unexchanged coins lately?

Unexchanged coins have nothing to do with anything you are talking about - coins aren't transfered to an exchange immediately, often there is a delay before those coins can be transfered without fee. This has been explained before...

LOT for example had a pretty fast rise in hashrate and diff for the last few days. If you take into account that his 600 mhash increase the diff for the entire network of the coin middlecoin decides to mine it is only obvious that a larger hashrate on new or small coins influence the difficulties too strong hence making it impossible for h2o to stay on new coins for a longer period forcing more coin switches and less uptime to the equation...

[trdiablo]

When does unexchanged get exchanged?

[MrJay]

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/17bEC8XeATagVyXGLYSw73QwLuNP5QyE6z.html

When does unexchanged get exchanged?

When it gets exchanged...

[antonio8]

Is there a short cut to find my miner in the list?

Like a way to show wallet from smaller to bigger, 1a to 1z?

[jedimstr]

Is there a short cut to find my miner in the list?

Like a way to show wallet from smaller to bigger, 1a to 1z?

If 1xxxxxxxxxxx is your wallet ID, use these URLs (replacing with your actual wallet ID):

http://middlecoin2.s3-website-us-west-2.amazonaws.com/#1xxxxxxxxxxx
http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/1xxxxxxxxxxx.html

[duz]

My 290 ran at 96C when mining at 820kH/s (the highest stable I could get, but then again my card seems to be a crappy one. Driver crashes alot when i stop mining and restart etc.)
Now it runs at 65C with watercooling and the same 820kH/s. If i increase intesnity the kH/s decreases. Sux...

I think there is a ton of variance in the power / heat attributes for R9 290 cards.

I have two sapphire 290's. Both hash very stable at 875Kh/s with the exact same settings, but the first runs at 73C at 60% fan while the second goes over 95C even with 75% fan, which forces me to run the fan at 90% and temps are still 88C. So

290 #1:  73C at 60% fan
290 #2:  88C at 90% fan

To make it an apples to apples comparison

290 #1:  62C at 90% fan
290 #2:  88C at 90% fan

best settings I've found for the 290's is 1000 engine, stock memclock, and having the cards automatically set fan speed to sit at about 90-93. AMD stated the cards are designed to withstand constant 95 temps, so running your fans high to keep it under 80 is just stressing the fans. It does, however, automatically down-clock based on lots of variables (one of the main ones that caused me issues was VRM temps I think)heat, voltage, and clockspeed are all changed many times per second on a hardware level in the cards, based on an arbritary 'powertune' value. Basically, set powertune as low as you can, while hitting the best clockspeed you can and the card will manage itself (for me, I have one card at power tune 4, and one at power tune 7 to make them both sit comfortably at 1000 engine)

[jam3zs]

Is there a short cut to find my miner in the list?

Like a way to show wallet from smaller to bigger, 1a to 1z?

step 1. copy your wallet address
step 2. go on middlecoin website
step 4. ctrl + f
step 5. ctrl + v
step 6. ?
step 7. profit

[Pita]

Wow, this guy with virus miner is a genius! 602Mh/s and climbing
or maybe he adds new gpu every ten minutes

Interesting how much he will gain untill his infection treated..

too bad i'm not that skilled I would split to several wallets to not raise such suspision...

maybe there is nothing to be suspicious of...

OR

Yahoo Infects 2 Million European PCs with Bitcoin Malware
http://www.coindesk.com/yahoo-infects-2-million-european-pcs-bitcoin-malware/

"In late 2013 German police arrested two hackers who were charged with spreading mining malware to several networks and an undisclosed number of PCs. Following a preliminary investigation, authorities concluded that the duo managed to mine over €700,000 worth of bitcoins. Since they did not have to invest in mining rigs, or pay the electric bill for that matter, it seemed like a very profitable endeavour"

Who knows, maybe that's them! LOL

[vex_zg]

if you take in the account the limited market for smaller and more profitable altcoins, then yes, the bigger we are, the lesser the profits will be, since lesser coins have small market depth so we can't mine (a lot) of them, so we must  go for the bigger, less profitable ones, hence the bigger we are, the lesser is our profitability.

Have an example of this "limited market" and when it impacted the pool??

From what I can tell we still mine lots of Doge coin.

i don't dwell on it 24/7 but I've seen us mining a lot of LTC and Doge while there were more profitable coins to mine. If we weren't so big, we could have mined and more profitable coins. We didn't,a t least not much, selling a lot of those would sink their exchange rate and raise their difficulty.

[Pita]

I know this is a little off topic but whatever.

I decided this seemed like it was the best method for a UK miner (like myself). So I went to my bank today to open a Euro account and they want to charge me to have this account open and i have to have a minimum of $2000 worth of Euros in it at all times! So I told them to stick it up their arse!

Back to square one

Unless... Does anyone know if you can do a sepa transfer of Euro's directly into a GBP current account?

Take a look at bitstamp.net or ibwt.co.uk.

Bitstamp allow you to cash out with wire transfers to sterling accounts.

ibwt.co.uk have actually just started allowing deposits straight in to sterling accounts - https://ibwt.co.uk/files/News%20Release%2007-01-14.pdf - low volume but hopefully this encourages people to trade there with £.

Your other option is to look at hsbc for an account, they have the lowest SEPA fees (£4 I think) but I'm not sure if you have to keep a certain amount of cash in the account.

Have you considered maybe coinbase.com? If you had someone in the USA that could link their checking account (or a secondary checking account for you under their name) and have them transfer into it in USD and then just send it back to you via Paypal? The conversion costs for paypal may be not as profitable perhaps and I know coinbase may not have the highest BTC/USD conversion ratio either.