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RickJamesBTC
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January 10, 2014, 05:31:12 PM |
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If I had unlimited funds and some magical access to in stock hardware I could put 30-50 mh worth of rigs together every day. I've got a pretty good system now and growing my farm steadily. I'd assume they have a group of people working, probably also had this farm mining elsewhere for a while, maybe split up until they realized that this pool was easier to manage.
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snowb0110
Newbie
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Activity: 11
Merit: 0
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January 10, 2014, 06:02:29 PM |
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the unexchanged balance is growing steadily since monday. mining on eu. h2o on vacation?
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JCviggen
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January 10, 2014, 06:07:49 PM |
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My unexchanged balance is now 300 percent of my average daily payout. And growing. This is not "auto exchanging" anymore. If anyone says "not enough market depth" - well what are we waiting for, the altcoin market to expand a few hundred percent? Could take a while. If there's not enough BTC flowing into alts to get the price H2O wants for the coins we mined, then that's just how it is and we should settle for less. I'll take less over nothing for an indefinite amount of time. Auto exchanging to me does not mean "will be exchanged at some point in the future maybe tomorrow maybe next week maybe..."
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Age Of Mars | GameFI Virtual colonization of Mars
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SimonG
Member
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Activity: 84
Merit: 10
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January 10, 2014, 06:12:13 PM |
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Well first guy hashrate increased with 80 MH in less than a day...it should be a botnet, or they are redirecting slowly the rest of their farm to middlecoin...
probably he is adding one gpu every 10 minutes  NO. As now he have over 10 000 GC3355 chips which costs 65.5 USD each dedicated to this pool. He said if payouts continue like this he will slowly redirect all his hashpower into this pool. His profit per day is already over 10 000 $. |
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jorgb
Newbie
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Activity: 42
Merit: 0
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January 10, 2014, 06:36:41 PM |
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Well first guy hashrate increased with 80 MH in less than a day...it should be a botnet, or they are redirecting slowly the rest of their farm to middlecoin...
probably he is adding one gpu every 10 minutes NO. As now he have over 10 000 GC3355 chips which costs 65.5 USD each dedicated to this pool. He said if payouts continue like this he will slowly redirect all his hashpower into this pool. His profit per day is already over 10 000 $. Your wrong And indeed please exchange the Unexchanged H20! Its taking long.. |
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Forexperiments
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January 10, 2014, 06:41:53 PM |
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NO.
As now he have over 10 000 GC3355 chips which costs 65.5 USD each dedicated to this pool.
I don't see how you can be so sure of this. The GC3355 has been announced just one month ago, and it only comes in a development board that has ONE chip and is controlled by RS-232 (meaning that using more than 1 in one computer it's tricky) A GC3355 it's not something you can plug to your pc via usb and have as much as you want (up to 127 to a single controller) It needs to be embedded in another device, and it takes time to develop this stuff from zero. It's not like you go there and buy 10k chips, then in two weeks you are up and running with 600 mhash!! |
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EdBoon
Newbie
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Activity: 53
Merit: 0
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January 10, 2014, 06:43:28 PM |
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You guys are bitching about one farm putting out 600mh?? That's like 1/20th of the pool. Alone he isn't doing anything to what the pool can mine. I'd like to see some development to the pool where it mines multiple coins simultaneously but hey, not my pool, can't do it myself.
Also, if he was some secret ASIC manufacturer, I'd expect a lot more than 600 mh. Don't know what they are running, but a 1000 gpu farm isn't impossible.
Exactly, thank you. He isn't ruining our pool by himself, he is only 5%. Amazing hash rate, yes, but everyone shouldn't be so quick to accuse someone out of ignorance. |
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jorgb
Newbie
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Activity: 42
Merit: 0
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January 10, 2014, 06:43:35 PM |
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NO.
As now he have over 10 000 GC3355 chips which costs 65.5 USD each dedicated to this pool.
I don't see how you can be so sure of this. The GC3355 has been announced just one month ago, and it only comes in a development board that has ONE chip and is controlled by RS-232 (meaning that using more than 1 in one computer it's tricky) A GC3355 it's not something you can plug to your pc via usb and have as much as you want (up to 127 to a single controller) It needs to be embedded in another device, and it takes time to develop this stuff from zero. It's not like you go there and buy 10k chips, then in two weeks you are up and running with 600 mhash!! He can't be sure cause that farm isn't using the chip. |
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Forexperiments
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January 10, 2014, 06:46:14 PM |
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What if that hashpower comes from alpha technologies scrypt miners and they are just "extensively testing" the miners that they already sold to their customers?
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SystmHash
Newbie
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Activity: 37
Merit: 0
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January 10, 2014, 06:48:02 PM |
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NO.
As now he have over 10 000 GC3355 chips which costs 65.5 USD each dedicated to this pool.
I don't see how you can be so sure of this. The GC3355 has been announced just one month ago, and it only comes in a development board that has ONE chip and is controlled by RS-232 (meaning that using more than 1 in one computer it's tricky) A GC3355 it's not something you can plug to your pc via usb and have as much as you want (up to 127 to a single controller) It needs to be embedded in another device, and it takes time to develop this stuff from zero. It's not like you go there and buy 10k chips, then in two weeks you are up and running with 600 mhash!! He can't be sure cause that farm isn't using the chip. Forexperiments, SimonG is sure. The farm guy is here by the username sfire, he posted what he is using a few pages back. https://bitcointalk.org/index.php?action=profile;u=200913;sa=showPosts |
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RickJamesBTC
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January 10, 2014, 07:13:32 PM |
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NO.
As now he have over 10 000 GC3355 chips which costs 65.5 USD each dedicated to this pool.
I don't see how you can be so sure of this. The GC3355 has been announced just one month ago, and it only comes in a development board that has ONE chip and is controlled by RS-232 (meaning that using more than 1 in one computer it's tricky) A GC3355 it's not something you can plug to your pc via usb and have as much as you want (up to 127 to a single controller) It needs to be embedded in another device, and it takes time to develop this stuff from zero. It's not like you go there and buy 10k chips, then in two weeks you are up and running with 600 mhash!! He can't be sure cause that farm isn't using the chip. Forexperiments, SimonG is sure. The farm guy is here by the username sfire, he posted what he is using a few pages back. https://bitcointalk.org/index.php?action=profile;u=200913;sa=showPostsAll that sfire posted is a few pics from a press release. No proof, no details. Gridseed isn't selling chips yet, people have tried  Go away tealover. |
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Phantomf
Newbie
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Activity: 16
Merit: 0
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January 10, 2014, 07:15:53 PM |
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Unexchanged balance is very high because H2O is getting ready to make 1 big scam and steal them all.
You have been warned.
Switch to another pool now and get ready to call your local police agency.
I hope you're wrong but his silence in this forum lately makes me very suspicious. |
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RickJamesBTC
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January 10, 2014, 07:23:52 PM |
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Unexchanged balance is very high because H2O is getting ready to make 1 big scam and steal them all.
You have been warned.
Switch to another pool now and get ready to call your local police agency.
I hope you're wrong but his silence in this forum lately makes me very suspicious. Look at H2O's post history. He used to post 20 times a day, now almost NEVER. People need to leave for Hashcows in order to wakeup H2O. He's too busy blowing that $3000/day profit plus the 90 bitcoin he stole out of the pool that was proven up his nose He's probably tired of listening to your crap, decided to sit back and work on the pool and respond when necessary. Why would anyone want to participate here if they are only going to be attacked by idiots. All you do is complain, but nobody else has any reason to think they are being scammed. Still getting daily payouts, about the right size with the balance of unexchanged that it shows. Probably getting hard to move so much coin, I'd rather he waits for higher prices on some of them. Each day lots of these coins fluctuate a lot in price. He probably has targets set. If you want to auto sell, auto exchange, and never have a balance, GO TO MULTIPOOL and stop posting here. |
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MiMiMiner
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January 10, 2014, 07:27:28 PM |
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Hello, havent read for a day je 2 on this forum, but i am very, very concerned about the unexhanged btc. Currently i have 2.4 btc. Why doesnt h2o sell this for the current prices?
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aclass
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January 10, 2014, 07:35:59 PM |
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Unexchanged value is just an estimate and most likely it no longer corresponds to the real current prices of the coins. So if he sells now you will get half for example. The exact post about all those MH is this one https://bitcointalk.org/index.php?topic=259649.msg4350064#msg4350064Hello, havent read for a day je 2 on this forum, but i am very, very concerned about the unexhanged btc. Currently i have 2.4 btc. Why doesnt h2o sell this for the current prices?
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69charger
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January 10, 2014, 07:36:37 PM |
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The golden goose has spoken |
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kb24mvp
Member
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Activity: 210
Merit: 10
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January 10, 2014, 07:37:02 PM |
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Sorry if this has been posted or responded to, just got back into this thread and theres about 50+ new pages
Is US server still more "profitable" and is EU server still going straight doge?
Thx
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JCviggen
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January 10, 2014, 07:41:30 PM |
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Probably getting hard to move so much coin, I'd rather he waits for higher prices on some of them. Each day lots of these coins fluctuate a lot in price. He probably has targets set.
I'm not on tealovers side here with the drama nor do I think his agenda is honorable, but your apologism for H2O seems a bit unfounded as well. The math does not add up, because if the volume of coins generated is getting too large to move at the prices H2O wants then the only solution is to lower the price and sell the damn things anyway. While he is waiting the price could just as well tank. If he does eventually get to his ambitious target, by then a new pile of nigh unsellable coins has been built up. The only sustainable way is sell as much coins as you generate every day. My unexchanged is 300% of my last 2 payouts. At some point the term "auto exchange" is no longer a valid description of the pool. |
Age Of Mars | GameFI Virtual colonization of Mars
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sinkke
Newbie
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Activity: 5
Merit: 0
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January 10, 2014, 07:41:37 PM |
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A bit confused here as well. How can my graph look like this when the pool graph on the front page looks totally different? 2-3 days worth of coins unexchanged right now and counting. http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/16hZR89picMgfSqZPZuYULdr7dH4HSbhN6.htmlI've mined here since mid-december or so and back then my graph used to mimic the front page graph. What changed? Unexchanged value being just an estimate doesn't completely explain this. |
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BombaUcigasa
Legendary
Offline
Activity: 1442
Merit: 1000
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January 10, 2014, 07:48:32 PM |
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Look at H2O's post history. He used to post 20 times a day, now almost NEVER.
Look at tealover's post history. He used to post 20 different messages a day, now almost NEVER. As a notice, h2o replied to my decent and sincere inquiries in the shortest time possible offering sufficient information to satisfy them. A bit confused here as well. How can my graph look like this when the pool graph on the front page looks totally different? 2-3 days worth of coins unexchanged right now and counting.
You took a break where your coins were exchanged. You started mining again when we started with this unexchangeable coin so it adds up. |
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