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

[ckoeber]

About the high unexchanged and when it's going to be traded and some other updates: (from IRC)

<h2odysee> Yeah some of it will be today. I'm importing some trades now.
<h2odysee> I'm using 2 new exchanges, so it might be a while until I can import the rest
<h2odysee> i've been busy fixing servers
<h2odysee> so i haven't had time to deal with the high unexchanged
<h2odysee> EU has been very stable, since my fix last night
<h2odysee> I'm going to roll out that fix to the other servers soon
<h2odysee> so the stability problem is almost solved.

<Acrobat> h2odysee, what about the difference in profit between the servers?
<h2odysee> the difference in profit still exists, although I don't think it's much.
<h2odysee> unfortunately, for the average profit to be as high as possible, servers need to mine different things.
<h2odysee> I just need to make all shares equal value
<h2odysee> well, mostly equal. I'll take into account the reject rate of that coin

I am glad he is acknowledging the issue but I wish folks can mention to him that a simple tweet would have solved the communications aspect of the problem; I think that is the biggest issue here really.

People just don't know what is going on.

[1715294234]

1715294234

[1715294234]

1715294234

[coin-man]

so which server would you choose now guys?

[ckoeber]

so which server would you choose now guys?

I am using useast. The payout situation from what I understand is affecting all servers but with useast I get high un-exchanged amounts based on what I mined.

So presumably my mining efforts are currently not in vain.

[FrankieSaysRelax]

so which server would you choose now guys?

I am using useast. The payout situation from what I understand is affecting all servers but with useast I get high un-exchanged amounts based on what I mined.

So presumably my mining efforts are currently not in vain.

Keep in mind that the prices will drop significantly once all these coins are sold off. The exchanged balance is unusually high and the last time this happened, the exchanged value dropped significantly due to the large sell orders so unexchanged shouldn't be counted penny for penny as the price can fluctuate a good deal between now and when they are sold off.

[bucaniere00]

.

[iqacid]

As i said before i had much better ping with amsterdam server. i have 3 rigs and put 2 of em on amsterdam with 5.3 mh for 3 hours and another rig with 4.1 mh on useast for same time and the result is so diffrent.

first 2 rigs with 5.3 mh on amsterdan earned: 0.007913

second rigs with 4.1 mh on useast earned: 0.01448

so i have to ignore eu while i have much better ping 

[ghcannon]

I can absolutely verify the EU server thing! Better get 5-7% rejected than two times less payout.

[coins101]

About the high unexchanged and when it's going to be traded and some other updates: (from IRC)

<h2odysee> Yeah some of it will be today. I'm importing some trades now.
<h2odysee> I'm using 2 new exchanges, so it might be a while until I can import the rest
<h2odysee> i've been busy fixing servers
<h2odysee> so i haven't had time to deal with the high unexchanged
<h2odysee> EU has been very stable, since my fix last night
<h2odysee> I'm going to roll out that fix to the other servers soon
<h2odysee> so the stability problem is almost solved.

<Acrobat> h2odysee, what about the difference in profit between the servers?
<h2odysee> the difference in profit still exists, although I don't think it's much.
<h2odysee> unfortunately, for the average profit to be as high as possible, servers need to mine different things.
<h2odysee> I just need to make all shares equal value
<h2odysee> well, mostly equal. I'll take into account the reject rate of that coin

all the servers are mining all the coins - we are Agent Smith 

[sgsdebruijn]

Twitter
@middlecoinpool: The huge unexchanged is manual trades I need to import. Keep in mind that it's only an estimate.

[ckoeber]

Keep in mind that the prices will drop significantly once all these coins are sold off. The exchanged balance is unusually high and the last time this happened, the exchanged value dropped significantly due to the large sell orders so unexchanged shouldn't be counted penny for penny as the price can fluctuate a good deal between now and when they are sold off.

No question. As long as overall I am getting roughly what I mined that is what I am happy with.

[hjr91]

I have some questions... when should I be able to see my statistics on one of the FAQ listed websites? How long do I need to be mining for so I can get some data? Also I have 112khash not much.. what payout should I expect in one day? I'm trying to figure out if this pool will be better than mining doge coin and other coins that frequent the top of coinwarz list.

[ckoeber]

I have some questions... when should I be able to see my statistics on one of the FAQ listed websites? How long do I need to be mining for so I can get some data? Also I have 112khash not much.. what payout should I expect in one day? I'm trying to figure out if this pool will be better than mining doge coin and other coins that frequent the top of coinwarz list.

When everything is working 100% you should be able to see statistics within 15 minutes. A quick trick to use is this:

Use the following URL and REPLACE the PUT-BITCOIN-ADDRESS-HERE text wioth your BitCoin address. Then paste the URL in the web browser:

http://www.middlecoin.com/reports/PUT-BITCOIN-ADDRESS-HERE.html

[n4tr0x]

i think middlecoins diff 1024 is too high for your hashrate.

maybe u should have a look on some vardiff pools?

[caution]

Keep in mind that the prices will drop significantly once all these coins are sold off. The exchanged balance is unusually high and the last time this happened, the exchanged value dropped significantly due to the large sell orders so unexchanged shouldn't be counted penny for penny as the price can fluctuate a good deal between now and when they are sold off.

exactly & why I hate seeing the unexchanged accumulate day after day.

Twitter
@middlecoinpool: The huge unexchanged is manual trades I need to import. Keep in mind that it's only an estimate.

that's what I was afraid of...

[ckoeber]

i think middlecoins diff 1024 is too high for your hashrate.

maybe u should have a look on some vardiff pools?

If, in the future, H20 can implement VARDIFF that will take this pool to a whole new level. You would need a monster system setup but profits would jump much higher; I bet even exponentially.

[kalus]

i think middlecoins diff 1024 is too high for your hashrate.

maybe u should have a look on some vardiff pools?

If, in the future, H20 can implement VARDIFF that will take this pool to a whole new level. You would need a monster system setup but profits would jump much higher; I bet even exponentially.

fixed difficulty is easier on server load.  VARDIFF is covered in the FAQ.

[coins101]

so much unexchanged. much rejects. no much server.

[ckoeber]

fixed difficulty is easier on server load.  VARDIFF is covered in the FAQ.

I understand that; that is why I was mentioning in the future if possible. I agree that VARDIFF is hard to implement but IF it was done we would get much better results on profit.

[ckoeber]

so much unexchanged. much rejects. no much server.

Wow, so even when the pool operator is saying he is working on the issue(s) you'll still complain, eh?

Now people know why good pools are hard to come by.

Who would want to deal with all of this?

[SheepOnDrugs]

so much unexchanged. much rejects. no much server.

Wow, so even when the pool operator is saying he is working on the issue(s) you'll still complain, eh?

Now people know why good pools are hard to come by.

Who would want to deal with all of this?

That's how humanity works. Sad but true, nothing is ever good enough.