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

[RickJamesBTC]

Ok, y'all, I just fired up a script that'll grab www.middlecoin.com/json hourly and, at 3:00 UTC every day (right after the 2:30 payout), calculates US dollars profit per megahash based on the 3:00 coinbase sell price minus their 1% fee and $0.15 bank transfer fee.

The idea is that this is what you'd net out per megahash if you immediately sold for cash on coinbase as soon as your payment landed.  Which is probably the number most of us are most interested in.

I'm in the US, so USD is what I care about.  If you're elsewhere, you'll have a little math to do.

I'll let it run a week or so and then post the results, and then let it run for as long as I'm on Middlecoin.  Stand by for numbers.

Also, note to h2o: For god's sake, man, make that json URL spit out only pool totals and a single user's data, if given.  You're wasting a ton of bandwidth. :-)

How is it going to calculate MH?? The instant number, or averages?

[1715366219]

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[groovy9]

How is it going to calculate MH?? The instant number, or averages?

It's the totalMegahashesPerSecond number in the JSON api.  Taking 24 measurements a day and averaging them is the best number I could come up with, given that the JSON page spits out 3 megabytes a pop.  If it'd just spit out the pool totals, I'd grab it ever 5 minutes for a better number.

[Gamer67]

Just to give maybe a different perspective on H2o...  I'm a small business owner - we'll do $2.5 to $3 million in revenue this year, so you know the scale.  It's lucrative - I make a nice living and don't have to work a ton.

I'm the money guy.  All dollars run through me - billing, payroll, accounting, etc.  I read somewhere earlier in this thread where h2o said he has a couple part time employees and doesn't trust people enough to give up much control.  And I get that 100%.  Financially, I could delegate most of what I do and be semi-retired, but I'm not willing to hand over the money to someone else.

As lucrative as I understand this pool to be for him, honestly, if I were him, I'd probably be even LESS communicative than he is.  If I'm making as good a living as it appears he is, and do most of it myself, and can't or won't do a lot of delegating, AND want to actually live a little, then I honestly care less about give the community warm fuzzies than I do about enjoying my life.

Stats break, I'll get around to it.  Forum questions/complaints take a while to be addressed, if ever, so what.  I lose a little of my hash rate and my bottom line shrinks a little, fine, I still make plenty AND probably have a little less work to do.

I focus on making payouts be reliable and higher than the competition, go put my feet up a little, and let the folks who can do math choose to use my pool.  Stats and the occasional unexchanged spike are immaterial in the grand scheme of things.

Just my $0.02. :-)

At last, another voice of reason.

This is h20's baby.  He runs it as he desires.  He owes nothing to anyone beyond what he offered when he began this pool, mining the highest paying coins and cashing the profits in as BTC and distributing those proceeds as they were earned minus his agreed upon fees.

He's made it abundantly clear that he's not going to change the interface or alter any of the other superficial niceties that everyone keeps complaining about.  He is perfectly happy with providing the best performing multipool out here and reaping the rewards of his excellence.

You don't like all of that, fine, it's a free world and you don't have to like it, but you aren't going to change it no matter how many times you post about how much better it would be with it.  You can complain, you can suggest, you can "air your grievances" all you choose, it serves no constructive purpose, because, as we all have been able to see over the past several weeks, h2o isn't going to change the way the pool operates.

Thus, all the complaints, the whines, the wishes, the suggestions, the "airing of grievances" is pointless and indulging in it is nothing more than self-indulgent bitching.

Doing the same thing over and over again expecting a different result is one description of insanity.

This isn't "fanboi-ism", this isn't "beating people up," this isn't telling people "STFU," this isn't telling people not to "air their grievances," this is just stating facts . . . it's just asking you . . . what's the point?

After 350 pages it should be abundantly clear that you are wasting your time and the time of everyone else on this forum.

Amen brother !

[groovy9]

How is it going to calculate MH?? The instant number, or averages?

It's the totalMegahashesPerSecond number in the JSON api.  Taking 24 measurements a day and averaging them is the best number I could come up with, given that the JSON page spits out 3 megabytes a pop.  If it'd just spit out the pool totals, I'd grab it ever 5 minutes for a better number.

Actually, after re-reading the FAQ, that number is only the accepted megahashes.  So I modified it to add up totalMegahashesPerSecond and totalRejectedMegahashesPerSecond, which should lead (roughly) to dollars per megahash as per the cgminer interface.

Assuming, of course, that the pool's method of calculating hash rates from submitted shares is close to cgminer, on average, over the course of a day.  If not, well, it's the only data I have access to. :-)

[codon]

I have gone and done this.  I have 2 identical 2.2 MH rigs that I am splitting between hashbros and middlecoin for a head to head test.  Will let it run 7 days and report back next week. Currently, hashbros is estimating my earnings at 0.008329 btc/MH/day but that is fluctuating minute by minute.

Annnnd... I'm back.  Putting a stop to this experiment.  Not waiting a week, 6 hours was enough to know this won't hold a candle to mc.  Over time, hashbros earnings dropped steadily down to 0.0055 btc/MH/day.  It's curious that hashbros has a profitability index yet they don't seem to mine the coins that are most profitable.

I will promptly stfu now.  Maximum payouts trump everything else.

[zSprawl]

I have gone and done this.  I have 2 identical 2.2 MH rigs that I am splitting between hashbros and middlecoin for a head to head test.  Will let it run 7 days and report back next week. Currently, hashbros is estimating my earnings at 0.008329 btc/MH/day but that is fluctuating minute by minute.

Annnnd... I'm back.  Putting a stop to this experiment.  Not waiting a week, 6 hours was enough to know this won't hold a candle to mc.  Over time, hashbros earnings dropped steadily down to 0.0055 btc/MH/day.  It's curious that hashbros has a profitability index yet they don't seem to mine the coins that are most profitable.

I will promptly stfu now.  Maximum payouts trump everything else.

Indeed. We are all here for one reason. Anyone who says otherwise is lying.

[ButterBread]

Anyone who says otherwise is lying.

To quickly find out who said otherwise and is thus a liar, type "otherwise" in the search box at the top-right. Your post comes up first!

Although, now it'll probably be mine

[ravetrader]

May i ask you a dump noob question?

You are telling not to use "--no-submit-stale"  im not sure how to check if i am using this. Would it be wrtitten in the cgminer.config if i do?

And while mining on your pool, I am getting a lot of notifications about " Network set to ..." "Stratum from pool detected new block"

On other pools i get almost 95% "Accepeted..." notification and only 5% the other, on your its different 95 % the notifications written above and only 5 % about accepted...

is that a problem at all?

im using the europe server with two rigs on one worker

[brightfist]

May i ask you a dump noob question?

You are telling not to use "--no-submit-stale"  im not sure how to check if i am using this. Would it be wrtitten in the cgminer.config if i do?

Hmm, yes, if you used it, then you are using it, and if you didn't then you are not using it.  It would either be on the command line or in the config, if it's not you're ok.

And while mining on your pool, I am getting a lot of notifications about " Network set to ..." "Stratum from pool detected new block"

On other pools i get almost 95% "Accepeted..." notification and only 5% the other, on your its different 95 % the notifications written above and only 5 % about accepted...

is that a problem at all?

im using the europe server with two rigs on one worker

What's your hash rate?  If it's low, this is a somewhat high difficulty pool you may get less accepted but they are of "higher value".  Ultimately, watch your balance and payouts, and if they match your expectations/calculations, you're good.  Give it a good day or two before you decide.

[ravetrader]

ok thanks, well i dont find anything like "stale..." anywhere so i hope im not using it

My hashrate is ~6,5 MH/s. one hour after starting on that pool it shows me 5,4 MH/s, growing. So i think it should be all ok.

Is it possible to search only for my BTC adress. I want to check my hashrate on the pool whit my smartphone while im out of home. But if i need to load everytime this whole page "http://www.middlecoin.com/allusers.html" than it will eat all my mobile trafic.

if i search something like "http://www.middlecoin.com/...my BTC adress" it dont shows anything to me

so is it possible to track my hashrate on middlecoin, elswhere than trough /allusers.html?

[Ferris419]

I was thinking about mining here but figured id ask if someone could give me a rough estimate as to how much BTC I would make in a 24hr period running ~700kh/s  thanks in advance! I Wasn't making much at all at hashcows.

[kalus]

I was thinking about mining here but figured id ask if someone could give me a rough estimate as to how much BTC I would make in a 24hr period running ~700kh/s  thanks in advance! I Wasn't making much at all at hashcows.

http://www.middlecoin.com/allusers.html

the first two columns are accepted and rejected hash rates.   you can scroll down the page to see what people are getting with similar hash rates.  note the accepted hash rate always changes so you'll move up and down the list.  the far right links are people's payouts so you can see what they've been hashing at and their daily earnings each day.  

[TutenStain]

Heres an slightly updated version of the Middlecoin app. Best to uninstall old version before trying the new one. Still early stages but if you want feel free to try it out and give comments. Added Coinbase BTC prices to the app.  Thanks!

http://i41.tinypic.com/2j3od21.png

http://i44.tinypic.com/288rwc0.png

http://i44.tinypic.com/xft2fd.png

http://i40.tinypic.com/24yvj3d.png

Should work for Android 3.0 and up.

New improved version out. Time for a new beta release! Uninstall the old version before installing this new one. This time with a widget and much faster update time!
Each update is now less then 0.5kb compared to about 3mb before.
Auto update for the widget is selectable from 5 minutes to 2 hours. Also added an icon

If you have any suggestion/bug report please tell

http://i43.tinypic.com/28ist9i.png

Download http://www.sendspace.com/file/gy7zdt

[chilin_dude]

ok thanks, well i dont find anything like "stale..." anywhere so i hope im not using it

My hashrate is ~6,5 MH/s. one hour after starting on that pool it shows me 5,4 MH/s, growing. So i think it should be all ok.

Is it possible to search only for my BTC adress. I want to check my hashrate on the pool whit my smartphone while im out of home. But if i need to load everytime this whole page "http://www.middlecoin.com/allusers.html" than it will eat all my mobile trafic.

if i search something like "http://www.middlecoin.com/...my BTC adress" it dont shows anything to me

so is it possible to track my hashrate on middlecoin, elswhere than trough /allusers.html?

http://www.middlecoin.com/reports/*Youraddyhere*

[Biggen]

Looks like we are setting up for a great payout tonight.  Highest for me since last Tuesday surge in alt coin prices.  Whatever else H2o might be, he still has a hell of a pool here.  It still amazes me that he can actually provide me with better profits than the calculators say I should get with my hashrate.

[Kas_AU]

Hi Guy's,

Ive been getting loads of rejected shares lately (12%) or so.Normally i hover around 3% rejected.

Any ideas to help me out? I'm loosing around 3 m/hashs due to this the past 2 days.

"load-balance" : true,
"vectors" : "1",
"worksize" : "512",
"lookup-gap" : "2",
"thread-concurrency" : "32767",
"intensity" : "20",
"gpu-engine" : "1000",
"gpu-memclock" : "1500",
"gpu-powertune" : "20",
"temp-cutoff" : "96",
"temp-overheat" : "92",
"temp-target" : "88",
"gpu-fan" : "40-95",
"api-port" : "4028",
"expiry" : "20",
"failover-only" : true,
"gpu-threads" : "1",
"log" : "5",
"queue" : "1",
"scan-time" : "20",
"temp-hysteresis" : "3",
"scrypt" : true,
"kernel" : "scrypt",
"kernel-path" : "/usr/local/bin"
}

[dablanket]

Hi Guy's,

Ive been getting loads of rejected shares lately (12%) or so.Normally i hover around 3% rejected.

Any ideas to help me out? I'm loosing around 3 m/hashs due to this the past 2 days.


"intensity" : "20",

"intensity" : "18",

[Scrubfire]

Man, I'm bummed.  One of my video cards isn't recognized by my motherboard anymore.  I removed all the other videocards and plugged it directly in the board, but no dice.  I also didn't keep the original packaging or track which video card came from which vendor.  Lesson learned.

I'll try it in a different motherboard, but it's a bummer.

Oh yeah... I know it's off-topic/hardware related, but you all are such a friendly group of people, I'm sure you understand.

Oh, and to keep it on topic:

I LOVE the payouts the past few days.  Thank you h20!

[Kas_AU]

Hi Guy's,

Ive been getting loads of rejected shares lately (12%) or so.Normally i hover around 3% rejected.

Any ideas to help me out? I'm loosing around 3 m/hashs due to this the past 2 days.


"intensity" : "20",

"intensity" : "18",

no i always run 20 without a drama. I've even used powertune 30 with great results.
R9 290 cards run @ 890k with that config.

[RickJamesBTC]

Some cards need that I 20, some just don't work like that. It is NOT a certain thing.