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

[jedimstr]

All my miners are showing 1-2% rejects but middlecoin shows up to 10% at a time and its fluctuating quite hard

I've been monitoring all my miners closely and the rejects are all in that range even when MC starts spiking up with rejected mh/ shares

thoughts?

Which server are you pointing to? What's your ping to that server?

[1714879971]

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[1714879971]

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[kb24mvp]

USeast...

They were all under 100ms last time I checked and it shouldn't be an issue all on 100mbps connection ... more importantly were all mining on USeast for weeks without any rejects issues

[raszeck]

Anubite,

Please just TRY playing with your configuration. Your image is completely irrelevant. This rig is running 3 little 7850's.

http://i41.tinypic.com/29aph6f.png

This rig hasn't been touched since the switch, and it is running fine.

You're blaming the pool when it OBVIOUS there is something wrong with your rig.

And just to be curious, are you really trying to blame the pool on stats from what, an hour?!?!

Well, I can tell you my "rig" (o poor excuse of a rig) was doing "well" before de diff increased to 1024. I was getting around 0.8-0.9 shares per minute on a 7850-5770 setup using cgminer through CGWatcher. I'm now making 0.5-0.6 and I've changed nothing. My WU went from 500-505/m down to 450/m.  I set CGWatcher to restart the miner if there are no shares submitted for 10 minutes. It never restarted before the increase, now it does so 4 to 5 times a day. Not complaining, though, I understand it was a necessary step to take, but I can see where Anubite is coming from. Lower hashpower rigs are indeed suffering.

[Caze]

It's been said many times that uswest (middlecoin.com) is less profitable than useast.  I can only assume that means it is also less profitable than eu since eu and useast are both supposed to be running the new beta software (while uswest is running the older).  Try making eu or useast your primary based on latency.

That's one of your problems right there.  Don't use the old main middlecoin.com as your primary.  It (and USWest which is currently identical) is on old code that's been less efficient than what's on the new beta servers. H2o has plans to update that one too and have Middlecoin.com be a front for all the regional servers that will give you the best location for your relative latency, but this hasn't been implemented yet, so for now if you want best returns, you should connect to the beta server closer to you.

Try setting your cgminer to the EU, USEast, or Asia beta servers with whichever server gives you the best sustained ping (lookout for spikes over a minute or so pinging) as the primary.

From where do you guys get the idea that uswest/middlecoin.com would be running older code? Nothing of that sort has been said. It's not running older code, it's running the exactly same code. The other servers are beta because they're not 100% stable, hence the servers themselves are beta, not the code they are running.

[fafalecureuil]

On to my reception and overview of 1024 pool difficulty.

For those of us with sub 2mh/s rigs, I feel we suffer. It takes my r9 290x at 962 kh/s anywhere from 45 seconds to over 2 minutes to complete one packet of work. It frequently takes my nVidia rig at 230kh/s over 10 minutes.

It appears that when a coin switches, that whole packet of work is rendered useless as cgminer starts to work on the new coin. If the coins switch enough, this adds up BIG TIME.

Below is an image of my hashing at MC.
Orange stars = Before diff 1024
Green Star = After

http://i42.tinypic.com/2u74orb.png

After having done absolutely nothing to my rigs, why else could this be happening?

We are not doing work. We're rolling dices. Previous trys aren't usefull.

What is raising difficulty ?
It's like having a 512 sides dice, giving you 512 bucks each time you make a 512.
Now you have a 1024 sides dice, giving you 1024 bucks each time you make a 1024.
Same average win, but bigger standard deviation. This means that the long term , when your winnigs are close to the average, is farther with 1024.

You see it negatively because sometimes, a fast round doesn't let you submit a share. But sometimes a fast round let you submit more shares than you should have !

[Biggen]

H2o has said that the code on each server is exactly the same.  They should all be mining the same coin with the same pool difficulty with the same switching algo.

The increase in pool diff has not effected my 18Mh/s farm.  In fact, my rejects have gone down slightly.  I am using the useast server.  My payout average over the last three days has been a very good .017BTC/Mh.  Very happy with that. 

Noticed were are sitting on a shitpile of coins.  Hopefully they are Doge with the price of those things running up like crazy.  I expect an excellent payday today or tomorrow when we cash those puppies out.

[dragonmike]

That unexchanged balance is looking proper scary now... Has H2 provided any indication on how he's going to deal with it? Didn't find anything looking a few pages back...

[Catswold]

...and after a solid 12 hours or so of awesome silence the posts are back haha

My hashrate has been stable (it varies more by the hour than 512 diff, however, averaged across the day, is very accurate), my rejects low, and payout better than what Coinwarz calculates again, so I'm going to let H2O continue to do what he does best. Reading page after page of this (mostly) crap isn't worth his time... not surprised he removed this thread from the MiddleCoin site.

1024 Difficulty doesn't pose any problems unless your config is wrong, or you are a slow miner and getting really unlucky with your shares. What it has done is reduce server load and bring about better stability. I've been getting around 0.013 BTC per MH/s the past two days after making sure my config is correct, which I'll gladly take.

If you are having trouble with the pool then try another and see if the problem is with your equipment or the pool. If your settings work fine on another pool, however, not here, you are still probably still doing something wrong (with regard to 1024 diff), or using the wrong server. Depending on your latency, you will have to find out which works best for you. If you have multiple rigs, set them to different servers for a few days and compare payouts per MH/s (or KH/s)

Also, though it should be obvious, most of us are here for the money... if that means crushing a (probably junk anyway) coin or two then I think most of us are fine with that. There are already WAY too many terrible coins out there, and having so many threatens the legitimacy of the few that have proven (through popular acceptance/great dev teams/solid marketing) that they deserve to be here. If we can kill off junk coins and make money on it, I think that's a bonus. Many serious miners have invested 10k or more in mining equipment - they want an ROI above all else

Excellent points, all.

What part of that last paragraph is "excellent"? With that mindset I should be supporting companies that mine and sell conflict diamonds just because they invested in it and want to see an ROI? This is not the crusades, or the wild west and your investment does not give you a license to kill. The longer we can remain on the right side of ethics and help stabilize this market, the quicker the cryptocurrency usage will pickup.

Get a grip.  There aren't going to be 5000 different alt-coins when the whole crypto-currency market settles out.  The weak must die so that the strong survive and become part of the world economic system.

Most of these coins are JUNK!!!!  The offer NOTHING of any value beyond their own existence.

Can you send a message with it?
Can you encrypt with it?
Is your anonymity enhanced with it?
Does it offer anything of value beyond what BTC and LTC offer?

No . . . then it's a crap-coin and deserves to die.

[Biggen]

Why do the unexchanged coins scare you? I love the payouts s that follow those.

[dragonmike]

Why do the unexchanged coins scare you? I love the payouts s that follow those.

...if the payouts happen.
If unexchanged balance just grows over time, you're not getting paid accordingly.

[noegzit]

...
On to my reception and overview of 1024 pool difficulty.

For those of us with sub 2mh/s rigs, I feel we suffer.
...

Nope.

Rigs from 0.71 Mh/s to 1.62 Mh/s here.

[gtraah]

What if I were to tell you me Reject were under 2% around 1.69% In 2 days only 1 GF and STale is very low under 0.5%

What does this mean


Primary is middlecoin.com

Seconday is Eu.middlecoin.com

 Have restarted CGminer for 2 days so far.

That's one of your problems right there.  Don't use the old main middlecoin.com as your primary.  It (and USWest which is currently identical) is on old code that's been less efficient than what's on the new beta servers. H2o has plans to update that one too and have Middlecoin.com be a front for all the regional servers that will give you the best location for your relative latency, but this hasn't been implemented yet, so for now if you want best returns, you should connect to the beta server closer to you.

Try setting your cgminer to the EU, USEast, or Asia beta servers with whichever server gives you the best sustained ping (lookout for spikes over a minute or so pinging) as the primary.

OK thanks for the tips,

So the best ping was Asia But I am talking only my the TINIEST BIT.... anyway so I decided to use Asia as primary as guess what happen, with in 10 min i had 5.5% reject rate....

So this time I am trying Useast to see what happens. I will experiement

[Biggen]

Why do the unexchanged coins scare you? I love the payouts s that follow those.

...if the payouts happen.
If unexchanged balance just grows over time, you're not getting paid accordingly.

That's a bit hyperbole, no?  When has that EVER happened here at middlecoin??

[Catswold]

Why do the unexchanged coins scare you? I love the payouts s that follow those.

...if the payouts happen.
If unexchanged balance just grows over time, you're not getting paid accordingly.

Has your fear ever been realized here?  Except for the occasional server problem, has there ever been a failure to convert the unexchanged to exchanged?

There have been frequent occasions when the unexchanged built up during the day, but somehow, we all manage to muddle through and, at the end of the day, get paid.

Stop buying problems where there are none.  Everything will be just fine.

[dragonmike]

Why do the unexchanged coins scare you? I love the payouts s that follow those.

...if the payouts happen.
If unexchanged balance just grows over time, you're not getting paid accordingly.

Has your fear ever been realized here?  Except for the occasional server problem, has there ever been a failure to convert the unexchanged to exchanged?

There have been frequent occasions when the unexchanged built up during the day, but somehow, we all manage to muddle through and, at the end of the day, get paid.

Stop buying problems where there are none.  Everything will be just fine.

Never in the past has middlecoin been so big. Never have I had more than a day's production unexchanged.

Past performance is no indication of future behaviour. It doesn't help you to close your eyes, stick your fingers in your ears and say "nononono I can't hear you, everything is fine".

[ButterBread]

It doesn't help you to close your eyes, stick your fingers in your ears and say "nononono I can't hear you, everything is fine".

Nor does it help to scream "look at that unexchanged balance, omg.. omg.. omg.. omg.. omg..", tear your clothes off and run around the room naked

What's your point?

[hardergamer]

Would it not be worth seting up a sever with a lower diffculty again for all the slower rig's, and the one's having problems?

But im hoping he keeps sum severs on the 1.02k as my rigs are loving it, my hash rate and WU are almost the same  

[dragonmike]

My point is as stated above: if unexchanged balance just grows over time, you're not getting paid accordingly. You are producing more than the pool can exchange on time.

...and I hope H2Odyssee finds a way to deal with it asap. Don't you?

Btw, it looks like you're the only one "screaming".

[ButterBread]

My point is as stated above: if unexchanged balance just grows over time, you're not getting paid accordingly. You are producing more than the pool can exchange on time.

...and I hope H2Odyssee finds a way to deal with it asap. Don't you?

Btw, it looks like you're the only one "screaming".

I hope so too, but I'm not worried. He can always sell those way below market value like the last time

Btw, I'm not screaming. I am, however, running around naked because of all the heat these rigs are producing.

[pallas]

I hope so too, but I'm not worried. He can always sell those way below market value like the last time

Btw, I'm not screaming. I am, however, running around naked because of all the heat these rigs are producing.

LoL maybe you should stand instead :-D