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

[btcdrak]

I got very satisfying results today .It seems  things  improved .Ty OP for the hard work and active support -lol u have no life

I don't. I've been working on this pool every day for 2 weeks. It will be nice when it's "done". It has been a lot of fun to work on though.

The profits will worth while. Wish I'd thought of it...

[1714216186]

1714216186

[cverity]

Please consider enabling VARDIFF or getting the server to set a lower diff when mining faster coins, I'm sure it will make everyone more money, including yourself h2odysee.

There are more important things to work on. I will at some point do a better low diff test. But some things need to come first.

If you want me to make that a priority, then you can explain logically why having a lower diff would increase profits. So far, most explanations seem to fail by misunderstanding what a share exactly is.

Also, there is a coin that has a 42% rejection rate, but it's still sometimes the most profitable, even with that included. So it's ok when you see that high of a rejection rate.


It's not just a matter of upgrading servers. It would take a significant amount of time for me to rework the code to include diffs other than 512. And, I would need to do some more database optimizations, because that's where the slowdown will occur.

Hi H2O,

I agree with you that difficulty does not affect rejects, and it does not affect profit. The only thing that should affect rejects is how often blocks are changing, how quickly your server notifies us, and how quickly we submit shares to you.

The purpose of using a lower difficulty is to increase the accuracy that your server considers us to be working (ie, variance). As difficulty goes up, the variance between what your server considers our hashrate to be, and our actual hashrate, increases.

Over the long haul, pool difficulty is meaningless. I may get lucky and produce more 512+ difficulty shares than statistics would suggest (where my MH/s on your server would show higher than reality), or unlucky (where my MH/s on your server would show lower than reality). Over enough time, it should all even out.

As an extreme example, we could say that, over the long-haul, solo mining BTC (super high difficulty) is just as profitable as pool mining BTC (low difficulty). Probably even more profitable because there would be no pool fees. But pools exist to share the luck over many people, reducing individual variance.

So who is to say what a reasonable difficulty is that balances server load with the desire for low variance? Well obviously that's your call, and the ideal is vardiff to set low difficulty for smaller rigs and high difficulty for larger rigs. But your 512 difficulty is well out of the norm for smaller rigs.

Sidenote: I really do like your pool, I don't mean to be difficult (no pun intended). But you asked for a logical argument for lowering difficulty, so there you are

[Kuroth]

I got very satisfying results today .It seems  things  improved .Ty OP for the hard work and active support -lol u have no life

Agree..  I am close to 0.07 today..   

[Jriker1]

Anyone know why the difficulty of the coin mining keeps changing like every minute right now?  Is it jumping around a lot?

Also any thoughts on why one of my cards that is doing 400 khash, would have more accepts than another card with 650 khash?  Plus my on-line hash rate is dropping.

Thanks.

JR

[mueslo]

If you're mining for more than 12 hours, there's essentially no difference between 512-diff and lower diffs. I don't see how the higher diff would warrant the work it would take.

[h2odysee]

Congrats miners on the biggest payout yet. Over 26 BTC. Some recent news about FeatherCoin (apparently https://www.unocs.com/) had prices surge, and was mined very profitaby for hours. Due to switching miners like us, the difficulty of several coins was decreased. So when FeatherCoin's difficulty adjusted, we jumped.

In addition, there is a new coin that's been very nice to us.

We averaged 574.7 MH/s accepted + rejected for the last day, and our payout was 26.07 BTC. So our profits were 0.0454 BTC per day per MH/s. This number only includes payouts, and not immature or unexchanged balances. It is accurate over the long term (several days) but will fluctuate if only calculated on a daily basis like this.

[romantic1]

Congrats miners on the biggest payout yet. Over 26 BTC. Some recent news about FeatherCoin (apparently https://www.unocs.com/) had prices surge, and was mined very profitabe for hours. Due to switching miners like us, the difficulty of several coins was decreased. So when FeatherCoin's difficulty adjusted, we jumped.

In addition, there is a new coin that's been very nice to us.

We averaged 574.7 MH/s accepted + rejected for the last day, and our payout was 26.07 BTC. So our profits were 0.0454 BTC per day per MH/s. This number only includes payouts, and not immature or unexchanged balances. It is accurate over the long term (several days) but will fluctuate if only calculated on a daily basis like this.

Confirmed. I made 0.2229 btc/day with my 5mhs. And I want you post this information everyday so I know if my rig have any problems ! Thank you !

[Eastwind]

The website statistics has not been updated for 30 minutes.

[h2odysee]

The website statistics has not been updated for 30 minutes.

Thanks. It's been fixed.

[michaelboord]

Great poll... just got highest payout for a single day.. .

 [13-08-03 15:57:33] Stratum from pool 0 detected new block
 [2013-08-03 15:57:37] Network diff set to 43.3K
 [2013-08-03 15:57:37] Stratum from pool 0 detected new block
 [2013-08-03 15:57:42] Network diff set to 43.3K
 [2013-08-03 15:57:42] Stratum from pool 0 detected new block
 [2013-08-03 15:57:51] Network diff set to 43.3K
 [2013-08-03 15:57:51] Stratum from pool 0 detected new block
 [2013-08-03 15:57:54] Network diff set to 43.3K
 [2013-08-03 15:57:54] Stratum from pool 0 detected new block
 [2013-08-03 15:58:02] Network diff set to 43.3K
 [2013-08-03 15:58:02] Stratum from pool 0 detected new block
 [2013-08-03 15:58:08] Network diff set to 43.3K
 [2013-08-03 15:58:08] Stratum from pool 0 detected new block
 [2013-08-03 15:58:10] Network diff set to 43.3K
 [2013-08-03 15:58:10] Stratum from pool 0 detected new block
 [2013-08-03 15:58:11] Accepted c0caf223 Diff 939/512 GPU 0 pool 0
 [2013-08-03 15:58:16] Network diff set to 43.3K
 [2013-08-03 15:58:16] Stratum from pool 0 detected new block


Let's just try diff 256 or 128 for  a day just to see if it improves payouts  

I know it shouldnt matter based on propability but I just hate seeing my rig being late
submitting share when already a new block comes along.. .

[SoulSlayerPT]

Great poll... just got highest payout for a single day.. .

 [13-08-03 15:57:33] Stratum from pool 0 detected new block
 [2013-08-03 15:57:37] Network diff set to 43.3K
 [2013-08-03 15:57:37] Stratum from pool 0 detected new block
 [2013-08-03 15:57:42] Network diff set to 43.3K
 [2013-08-03 15:57:42] Stratum from pool 0 detected new block
 [2013-08-03 15:57:51] Network diff set to 43.3K
 [2013-08-03 15:57:51] Stratum from pool 0 detected new block
 [2013-08-03 15:57:54] Network diff set to 43.3K
 [2013-08-03 15:57:54] Stratum from pool 0 detected new block
 [2013-08-03 15:58:02] Network diff set to 43.3K
 [2013-08-03 15:58:02] Stratum from pool 0 detected new block
 [2013-08-03 15:58:08] Network diff set to 43.3K
 [2013-08-03 15:58:08] Stratum from pool 0 detected new block
 [2013-08-03 15:58:10] Network diff set to 43.3K
 [2013-08-03 15:58:10] Stratum from pool 0 detected new block
 [2013-08-03 15:58:11] Accepted c0caf223 Diff 939/512 GPU 0 pool 0
 [2013-08-03 15:58:16] Network diff set to 43.3K
 [2013-08-03 15:58:16] Stratum from pool 0 detected new block


Let's just try diff 256 or 128 for  a day just to see if it improves payouts  

I know it shouldnt matter based on propability but I just hate seeing my rig being late
submitting share when already a new block comes along.. .

Yeah at least we could try 256 diff.. People is having a lot of rejects..

[dukeneptun]

I just join this pool yesterday. .. And i have a question?
Is this correct ? :
C:\cgminer\cgminer.exe --scrypt -o middlecoin.com:3333 -u 13s2LkBUu6gQBApWb9CFwiKbMnkVSKaYwf    (mining on this) (but 9507 accepted  , 2517 rejected   -  last hour)

because if i put "stratum+tcp:"    like : 

C:\cgminer\cgminer.exe --scrypt -o stratum+tcp://middlecoin.com:3333 -u 13s2LkBUu6gQBApWb9CFwiKbMnkVSKaYwf

this is not working to me, I have 0 kh/s

[h2odysee]

I just join this pool yesterday. .. And i have a question?
Is this correct ? :
C:\cgminer\cgminer.exe --scrypt -o middlecoin.com:3333 -u 13s2LkBUu6gQBApWb9CFwiKbMnkVSKaYwf    (mining on this) (but 9507 accepted  , 2517 rejected   -  last hour)

because if i put "stratum+tcp:"    like : 

C:\cgminer\cgminer.exe --scrypt -o stratum+tcp://middlecoin.com:3333 -u 13s2LkBUu6gQBApWb9CFwiKbMnkVSKaYwf

this is not working to me, I have 0 kh/s

on mine, I have to add "-p x" to the end. For some reason, cgminer needs a password, even if it's not used.

adding the stratum+tcp:// makes it connect faster I believe, because it doesn't have to try the old protocol.

[Kuroth]

Congrats miners on the biggest payout yet. Over 26 BTC. Some recent news about FeatherCoin (apparently https://www.unocs.com/) had prices surge, and was mined very profitabe for hours. Due to switching miners like us, the difficulty of several coins was decreased. So when FeatherCoin's difficulty adjusted, we jumped.

In addition, there is a new coin that's been very nice to us.

We averaged 574.7 MH/s accepted + rejected for the last day, and our payout was 26.07 BTC. So our profits were 0.0454 BTC per day per MH/s. This number only includes payouts, and not immature or unexchanged balances. It is accurate over the long term (several days) but will fluctuate if only calculated on a daily basis like this.

Confirmed. I made 0.2229 btc/day with my 5mhs. And I want you post this information everyday so I know if my rig have any problems ! Thank you !

Agree...  H20 if there was someway you could post this each day it would be great and help us to "see" a bit clearer..

[dukeneptun]

I just join this pool yesterday. .. And i have a question?
Is this correct ? :
C:\cgminer\cgminer.exe --scrypt -o middlecoin.com:3333 -u 13s2LkBUu6gQBApWb9CFwiKbMnkVSKaYwf    (mining on this) (but 9507 accepted  , 2517 rejected   -  last hour)

because if i put "stratum+tcp:"    like :  

C:\cgminer\cgminer.exe --scrypt -o stratum+tcp://middlecoin.com:3333 -u 13s2LkBUu6gQBApWb9CFwiKbMnkVSKaYwf

this is not working to me, I have 0 kh/s

on mine, I have to add "-p x" to the end. For some reason, cgminer needs a password, even if it's not used.

adding the stratum+tcp:// makes it connect faster I believe, because it doesn't have to try the old protocol.

I´m using this : (there is -p 1)
C:\cgminer\cgminer.exe --scrypt -o middlecoin.com:3333 -u 13s2LkBUu6gQBApWb9CFwiKbMnkVSKaYwf -p 1pw --intensity 18,18,19 --gpu-fan 65,65,75 --gpu-engine 1050,1050,950 --gpu-memclock 1350,1350,1200 --thread-concurrency 8192,8192,5760 --worksize 256 -g 1

but if i put there stratum+tcp://  = like :
C:\cgminer\cgminer.exe --scrypt -o stratum+tcp://middlecoin.com:3333 -u 13s2LkBUu6gQBApWb9CFwiKbMnkVSKaYwf -p 1pw --intensity 18,18,19 --gpu-fan 65,65,75 --gpu-engine 1050,1050,950 --gpu-memclock 1350,1350,1200 --thread-concurrency 8192,8192,5760 --worksize 256 -g 1

I have 0 kh/s

[Kuroth]

Set all your intensity's to 13

[kirk46]

password is -p x not -p 1pw 

[Kuroth]

H20 looks like another Record setting day???    

Should we get use to this??  

[CoinBuzz]

Set all your intensity's to 13

why 13?

[dukeneptun]

password is -p x not -p 1pw 

thanks   (that´s it)