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

[dgross0818]

No, I want the pool to be 100% stable. It's plenty big enough to work now, adding tons of little miners who don't have 50MH each just causes a lot of server traffic.

As the owner of a brick-and-mortar company that does work for businesses, as opposed to individuals, and mostly decent-sized corporations, there is something to this big miner vs small miner thing.

If I were to start a pool, honestly, I'd probably design it to attract larger miners (10MH+) and discourage smaller ones.  Providing support to a small number of large customers is SO much easier and more lucrative than a ton of small ones.

Could do it with fees that vary based on average MH/s... Problem is people who have the MH/s, however, are also renting it out, thus they may have 25MH/s for a few hours, only to drop to 4 when most of their stuff is rented. Keeping things stable for 100-200 "big" users is a lot easier than designing a DB that doesn't bog down when there are thousands of simultaneous requests.

[1714675978]

1714675978

[KC82]

Balance has flat lined for an hour now. WTF is going on? 

[Quenouille79]

Balance has flat lined for an hour now. WTF is going on? 

man relax, its just that the stats are frozen.

''middlecoin.com published data: 1 hour ago''

[BombaUcigasa]

"wafflepool" lol...

[BrainShutdown]

"wafflepool" lol...

But... but... but 

[KC82]

Balance has flat lined for an hour now. WTF is going on? 

man relax, its just that the stats are frozen.

''middlecoin.com published data: 1 hour ago''

Cool, where do you see ''middlecoin.com published data: 1 hour ago'' ?

[sgsdebruijn]

Middlecoin  @middlecoinpool  
The Amsterdam server is down. It might be a while until it's up again.

Yep stable, djiesus how come a lotof servers crashes all the time?

[Quenouille79]

Balance has flat lined for an hour now. WTF is going on? 

man relax, its just that the stats are frozen.

''middlecoin.com published data: 1 hour ago''

Cool, where do you see ''middlecoin.com published data: 1 hour ago'' ?

just use this site: http://middlecoin.info

add your adress and than check on the top news feed

[ckoeber]

Middlecoin  @middlecoinpool  
The Amsterdam server is down. It might be a while until it's up again.

Yep stable, djiesus how come a lotof servers crashes all the time?

I think H20 took the system down for maintenance; part of making the pool more stable.

[falsealarm_bf]

Balance has flat lined for an hour now. WTF is going on? 

man relax, its just that the stats are frozen.

''middlecoin.com published data: 1 hour ago''

Cool, where do you see ''middlecoin.com published data: 1 hour ago'' ?

just use this site: http://middlecoin.info

add your adress and than check on the top news feed

No, even there the stats are frozen.

[coins101]

OK clever clogs.  Before you get drunk, what's the average payout vs. just straight middlecoin?

I haven't done the math it'd take to really say "I made $x more or less load-balancing."  Just eyeballing it, they're all in the same ballpark, all have fairly frequent technical problems, are all unpredictable over short periods of time.  And, oddly, do NOT necessarily move in lockstep... presumably because of the highly variable lag between receiving a cgminer share and converting it to confirmed Bitcoins.

I just got tired of trying to figure out who was best and figured "Together they'll all average X BTC/Mh/day, keep all my miners busy all the time, and besides I have other shit to do."

That makes sense. You actually are a clever clogs. 

[ckoeber]

"wafflepool" lol...

This is great; glad these stats are being published.

[ckoeber]

Balance has flat lined for an hour now. WTF is going on? 

man relax, its just that the stats are frozen.

''middlecoin.com published data: 1 hour ago''

Cool, where do you see ''middlecoin.com published data: 1 hour ago'' ?

just use this site: http://middlecoin.info

add your adress and than check on the top news feed

No, even there the stats are frozen.

The stats are frozen there as it is dependent on Middlecoin. But middlecoin.info (the stats site) will tell you the last time middlecoin (the main pool) updated their stats at the top of the page.

[gsrcrxsi]

"wafflepool" lol...

Where are you getting these stats from? Are you load balancing each server on one of your rigs or something? Are you taking into account that the payout people ACTUALLY receive is ~3.4% less than total pool earnings?

I ask because these numbers are quite different than my numbers. Based on my personal payouts. I'll share my numbers in a bit.

You're showing ~.014/MH for yesterday.
My numbers say about .009.

[Gasai Yuno]

"wafflepool" lol...

Where are you getting these stats from? Are you load balancing each server on one of your rigs or something? Are you taking into account that the payout people ACTUALLY receive is ~3.4% less than total pool earnings?

I ask because these numbers are quite different than my numbers. Based on my personal payouts. I'll share my numbers in a bit.

You're showing ~.014/MH for yesterday.
My numbers say about .009.

and mine is 0,07

also efficiency is always bad. about %30 and %60

coz servers are being down too much and getting rejected too much so this kills efficiency. coz its not stable. i will try that wafflepool thing.

[caution]

Payouts are getting worse day by day. Since there is autoredirection to the nearest server my profits barely move. I guess its time to leave middlecoin too. For now.

I switched to http://wafflepool.com and i have not looked back.

much better?

more than better !

So you are saying yesterday's wafflepool payment (0.00910775 BTC / 1MH ) was better than middlecoin's? Or the average? Or.... 

about what I got yesterday with 3 Mh/s

[fyff]

I think the numbers are a bit high aswell. I think I got like 12.x BTC/Mhash on USeast

[sgsdebruijn]

Middlecoin  @middlecoinpool  
The Amsterdam server is down. It might be a while until it's up again.

Yep stable, djiesus how come a lotof servers crashes all the time?

I think H20 took the system down for maintenance; part of making the pool more stable.

yeah right

[eMiz0r]

No, I want the pool to be 100% stable. It's plenty big enough to work now, adding tons of little miners who don't have 50MH each just causes a lot of server traffic.

As the owner of a brick-and-mortar company that does work for businesses, as opposed to individuals, and mostly decent-sized corporations, there is something to this big miner vs small miner thing.

If I were to start a pool, honestly, I'd probably design it to attract larger miners (10MH+) and discourage smaller ones.  Providing support to a small number of large customers is SO much easier and more lucrative than a ton of small ones.

Easier? Hell yeah, definately. More risky? Also.

As the owner of an hostingcompany with tens of thousands individual customers (and also SOME large corps), we've had little or no problem with the recession/crisis/economic meltdown. Instead, we've grown almost twice the size in the last few years.

My point being: when you dedicate yourself to a small pool of large hashrates and get a lot of issues as middlecoin has right now, you wouldn't lose 1 or 2 GH/s as it did in the last few days, but you'd lose a lot more then that. Just as it wouldn't heart our profits too much when we get a big interruption of our services due to lets say... a DDoS attack. Better for the long term in my opinion, but I would understand when you disagree.

I switched to wafflepool yesterday and get 0,02% rejects. Don't know yet if it is the same or more profitable, but I'm gonna try it out for a couple of days.

[zneww]

Still kinda mindblowing middlecoin still has these problems.