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

[h2odysee]

If you have only 300kH, then do not bother to join. It is only suitable for a rig with 2.4MH/h or more. I have two rigs, one 3.6MH/s, the other 2.7MH/s. With that sort of power, I am making some profit.

Having a low hashrate in this pool is fine. The only drawback is that you have to have a 0.01 BTC threshold for a payout.

[1713583296]

1713583296

[TheQuin]

Having a low hashrate in this pool is fine. The only drawback is that you have to have a 0.01 BTC threshold for a payout.

The point I was trying to make is that unless you publish the pools BTC/MH/day I cannot verify that by comparing my return to the pool's as a whole. It could be that small miners are disadvantaged in some way, it could have been a configuration issue at my end or just a bad luck day. I have no way of knowing.

It didn't work for me yesterday. I'm not complaining, just giving feedback.

[xreichardx]

Today's profit is 0.0342 BTC per MH/s per day.

I've been mining this pool for 17 days with 1.4MH, and each day my payouts are substantially  less and are decreasing.  The last five days' payouts have been:

0.04572
0.03745
0.03897
0.00000
0.03146
0.02386

The last three days have not even covering my electricity, and less than mining LTC directly.  My payouts she be near 0.04788 @ 0.042 BTC/MH/s.

[ampbuster]

An indication of how many hashes I'm producing would be useful, so I know if any of my miners are down. It would be nice to have multiple different workers too.

Edit - Ignore me. I must be drunk :x

[TheQuin]

Today's profit is 0.0342 BTC per MH/s per day.

I've been mining this pool for 17 days with 1.4MH, and each day my payouts are substantially  less and are decreasing.  The last five days' payouts have been:

0.04572
0.03745
0.03897
0.00000
0.03146
0.02386

The last three days have not even covering my electricity, and less than mining LTC directly.  My payouts she be near 0.04788 @ 0.042 BTC/MH/s.

Thanks, the 0.02386 number for yesterday is in ratio to what I got, so it is not a small miner problem. I'll stick to the pool I'm already at for now.

[Kuroth]

Today's profit is 0.0342 BTC per MH/s per day.

I've been mining this pool for 17 days with 1.4MH, and each day my payouts are substantially  less and are decreasing.  The last five days' payouts have been:

0.04572
0.03745
0.03897
0.00000
0.03146
0.02386

The last three days have not even covering my electricity, and less than mining LTC directly.  My payouts she be near 0.04788 @ 0.042 BTC/MH/s.

Thanks, the 0.02386 number for yesterday is in ratio to what I got, so it is not a small miner problem. I'll stick to the pool I'm already at for now.

That is strange as I am back up to where I should be..    1.3 Mh


Aug. 10, 2013, 2:30 a.m. 0.05142659
Aug. 11, 2013, 2:30 a.m. 0.04429028
Aug. 12, 2013, 2:30 a.m. 0.03757093
Aug. 13, 2013, 2:38 a.m. 0.05274412

[h2odysee]

The last three days have not even covering my electricity, and less than mining LTC directly.  My payouts she be near 0.04788 @ 0.042 BTC/MH/s.

Do you mean BTC per MH/s per day? If you're using the units BTC/MH/s, you would be looking at numbers like 0.00000003433

If you meant BTC per MH/s per day, 0.042 is way above what LTC makes directly. Unless someone wants to prove my math wrong.

.02512 * 50 / (851.448 * 65536 * 65536) * 24 * 60 * 60 * 1000000 * 0.99 * 0.99

that's:

exchangeRate * blockReward / difficulty * secondsInADay * 1000000 * (1-orphans) * (1-rejects)

Mining LTC directly makes you 0.0291 BTC per MH/s per day

[ampbuster]

Reject rate is wayyyy too high...
2.6001 accepted, 1.2583 rejected.

[Eastwind]

Reject rate is wayyyy too high...
2.6001 accepted, 1.2583 rejected.

How many rigs do you have? What is the hash rate for each rig? Do you have 7950 or 7970?

[TheQuin]

If you meant BTC per MH/s per day, 0.042 is way above what LTC makes directly. Unless someone wants to prove my math wrong.

.02512 * 50 / (851.448 * 65536 * 65536) * 24 * 60 * 60 * 1000000 * 0.99 * 0.99

that's:

exchangeRate * blockReward / difficulty * secondsInADay * 1000000 * (1-orphans) * (1-rejects)

Mining LTC directly makes you 0.0291 BTC per MH/s per day

I agree with your maths, but I only got 2/3rds of that yesterday. As I said before there is no way of knowing why, if it is at my end or the pool had a bad day.

[xreichardx]

The last three days have not even covering my electricity, and less than mining LTC directly.  My payouts she be near 0.04788 @ 0.042 BTC/MH/s.

Do you mean BTC per MH/s per day? If you're using the units BTC/MH/s, you would be looking at numbers like 0.00000003433

If you meant BTC per MH/s per day, 0.042 is way above what LTC makes directly. Unless someone wants to prove my math wrong.

.02512 * 50 / (851.448 * 65536 * 65536) * 24 * 60 * 60 * 1000000 * 0.99 * 0.99

that's:

exchangeRate * blockReward / difficulty * secondsInADay * 1000000 * (1-orphans) * (1-rejects)

Mining LTC directly makes you 0.0291 BTC per MH/s per day

I have two 7970's hashing at 700 kh/s+ (peaking over 730kh/s briefly), and they trend to a combined 1390 kh/s weekly.  But lately on your pool, its dropped to 1/3 of the btc/day of when I started:

7/28/13 10:05   0.07420
7/29/13 6:25   0.05985
7/30/13 6:23   0.04589
7/31/13 7:03   0.06971
8/1/13 6:50     0.04320
8/2/13 14:17   0.06132
8/3/13 8:24           0.07026
8/4/13 7:02           0.07697
8/5/13 6:20           0.03954
8/6/13 7:09           0.04776
8/7/13 6:34           0.05357
8/8/13 5:55           0.04572
8/9/13 7:05           0.03745
8/10/13 7:05   0.03897
8/11/13 6:15   0.00000 (cgminer stopped responding due to pool issue)
8/12/13 6:45     0.03146
8/13/13 7:01   0.02386
 
as my daily totals for my two addresses 1K4CWojM6EnWmCcjsHmLyHNxEU42YMX1dn and 1GEDtNHfyagrx3gbeUQEGFhvZG6U1QF6qg


I've changed nothing on my end -- any help appreciated.  I'm much rather mine at your pool but yesterdays take of 0.02385 BTC ($2.27) is very odd.

as Kuroth stated above, he earned 0.05274412 from his 1.3MH.

Help/advise here would be greatly appreciated.

[nikycoin]

is there some kind of a tutorial to properly connect our miner to the pool ??

[garumaru]

It seems like the stats on the webpage has not been updated for awhile.
The hash rate changes but the balances are not updating.

[h2odysee]

is there some kind of a tutorial to properly connect our miner to the pool ??

No. How much detail do you need?

Here's a simple tutorial:

get a bitcoin address

download cgminer: http://ck.kolivas.org/apps/cgminer/

run cgminer with the options:

cgminer --scrypt -o stratum+tcp://middlecoin.com:3333 -u <your bitcoin address> -p x

Then, to make it run faster, follow these instructions: https://github.com/ckolivas/cgminer/blob/master/SCRYPT-README

[nikycoin]

i was able to make it work at first but it only gave me a tiny 13kH\s .. then i managed to correct the setting and now im good , 1.1 gh running

[captainfuture]

i was able to make it work at first but it only gave me a tiny 13kH\s .. then i managed to correct the setting and now im good , 1.1 gh running

wow nice.
cant see the 1.1GH on the stats page though

[nikycoin]

my bad .. 1.1mH lol

[c1010010]

c1010010's Feature Wishlist for MiddleCoin.com

• Today's profit is X.XXX BTC per MH/s per day
• 2 Week historical graph of profit
• IRC Channel for MiddleCoin (Freenode??)
• Main page to display active addresses, secondary page to display non-active addresses.

Can't happen if you don't ask, right?

Today's profit is 0.0342 BTC per MH/s per day.

It'll be nice to see those kind of stats on the site

[h2odysee]

• Today's profit is X.XXX BTC per MH/s per day
• 2 Week historical graph of profit
• IRC Channel for MiddleCoin (Freenode??)
• Main page to display active addresses, secondary page to display non-active addresses.

I've set up an IRC channel #middlecoin on FreeNode.

I'm working on the historical graphs. They're tricky. With these in place, they should eclipse the need for the "today's profit" number.

I probably should filter out the non-active addresses. The main page is getting kind of big.

[c1010010]

• Today's profit is X.XXX BTC per MH/s per day
• 2 Week historical graph of profit
• IRC Channel for MiddleCoin (Freenode??)
• Main page to display active addresses, secondary page to display non-active addresses.

I've set up an IRC channel #middlecoin on FreeNode.

I'm working on the historical graphs. They're tricky. With these in place, they should eclipse the need for the "today's profit" number.

I probably should filter out the non-active addresses. The main page is getting kind of big.

I knew I liked you for a reason!

Thanks.