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Author Topic: [ANN] profit switching auto-exchanging pool - www.middlecoin.com  (Read 811370 times)
nitrocs
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September 18, 2013, 03:02:13 PM
 #1741

Why not split pool resources and mine the top two profitable coins concurrently
Split all proceeds based on N shares accepted per user?
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coinGeek
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September 18, 2013, 08:31:37 PM
 #1742

Why not split pool resources and mine the top two profitable coins concurrently
Split all proceeds based on N shares accepted per user?

Is "N shares" different from all the shares a user submitted?  Because that's one of the things being discussed.

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Hydroponica
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September 18, 2013, 08:45:30 PM
 #1743

Hmmmm, that's weird, I have an increase in profit, when I switch to https://www.hashco.ws. Same hash power, VADIFF....Go figure Roll Eyes

nitrocs
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September 19, 2013, 12:18:27 AM
 #1744

Why not split pool resources and mine the top two profitable coins concurrently
Split all proceeds based on N shares accepted per user?

Is "N shares" different from all the shares a user submitted?  Because that's one of the things being discussed.

It would be similar to PPLNS payout system, but the two pool "halves" combine for user payouts

Remember, one of the tenets of investment is diversity!
nitrocs
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September 19, 2013, 12:25:22 AM
 #1745

Hmmmm, that's weird, I have an increase in profit, when I switch to https://www.hashco.ws. Same hash power, VADIFF....Go figure Roll Eyes

I think this is all relative...
I tried Hashco.ws and while the site is informative, I get far more stales as they are an EU server and I am in NA

Frankly speaking, Ive only used middlecoin for 2wk now but earnings are up 5-10% over straight litecoin mining

Dont like the guys service? Dont use it
Its all about individual results anyway
rpg
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September 19, 2013, 12:47:42 AM
 #1746

Hmmmm, that's weird, I have an increase in profit, when I switch to https://www.hashco.ws. Same hash power, VADIFF....Go figure Roll Eyes

well I have a ton of stale/rejects on hashco.ws. Still testing the actual hash rate reported and payout
sharknutzz
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September 19, 2013, 02:02:04 AM
Last edit: September 19, 2013, 04:22:58 AM by sharknutzz
 #1747

As a test, I've switched 100% of my hash from middlecoin over to solo-mining Megacoin (MEC), even though it doesn't show as the 'most profitable' coin on coinwarz, coinchoose, etc.

I'll be sticking with MEC, and here is why.  They've implemented a difficulty-adjustment algorithm that crushes big hit-and-run pools, it tracks total network hash like a beast.  Difficulty currently stays low enough where it's very mine-able, and still profitable.

It's nice to have something you can solo-mine and not worry about difficulty going from 3 to 3 billion (and staying there after the big pool moves out...).   Cheesy

Happy mining, to all of those who stay or find something else.
hotwired007
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September 19, 2013, 07:51:45 AM
 #1748

As a test, I've switched 100% of my hash from middlecoin over to solo-mining Megacoin (MEC), even though it doesn't show as the 'most profitable' coin on coinwarz, coinchoose, etc.

I'll be sticking with MEC, and here is why.  They've implemented a difficulty-adjustment algorithm that crushes big hit-and-run pools, it tracks total network hash like a beast.  Difficulty currently stays low enough where it's very mine-able, and still profitable.

It's nice to have something you can solo-mine and not worry about difficulty going from 3 to 3 billion (and staying there after the big pool moves out...).   Cheesy

Happy mining, to all of those who stay or find something else.

I'm running one of my rigs on MEC too but it is now showing as the most profitable coin and has been for a while (the past couple of days on coinwarz on a 200K/hash)

Ive tried mining DMD, MEC, LTC and FTC with the autosell feature on cryptsy (although this doesnt seem to be working atm)

my opinion is for the most efficent mining (least input from me) is i should just let someone else worry about the best coin and pay a slight fee - i'm interested in how much the pool operator is actually making a day - 3% seems the average fee for most BTC pools and some of the bigger scrypt pools also have 2-3% fees (without the conversion/payout to BTC) but there also are a lot of the small scrypt pools running with 0% and 1% fees. (On a side note the first FTC pool i started mining had an automatic 25% fee - which i missed for 48hrs so they raked it in from me!)

This account was hacked & possibly sold during the period of August 1st and October 24th 2017.
Anything done or said in this period wasnt me.
Many thanks to Cyrus for his help restoring access to my account.
Kuroth
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September 19, 2013, 01:25:02 PM
 #1749

Hmmmm, that's weird, I have an increase in profit, when I switch to https://www.hashco.ws. Same hash power, VADIFF....Go figure Roll Eyes

Only a couple days at Hashco but so far, not seeing much difference vs MiddleCoin..  Nothing to get too excited about from what I have seen so far.    pretty much same same..

andrew12
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September 20, 2013, 12:21:41 AM
 #1750

http://middlecoin.andrew12.net - balance graph
h2odysee
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September 20, 2013, 07:19:23 AM
 #1751

The web page update is disabled for a few hours while I do some upgrades.

http://middlecoin.com - profit-switching, auto-exchanging scrypt pool that pays out in BTC
Eastwind
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September 20, 2013, 07:27:42 AM
 #1752


Yeah. 1 GH/s is way too much for some of these coins.


Don't worry your customer service policy should soon solve that problem for you.


+1
h2odysee
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September 20, 2013, 11:32:41 AM
 #1753

The stats page is now updating, once again.

http://middlecoin.com - profit-switching, auto-exchanging scrypt pool that pays out in BTC
nitrocs
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September 21, 2013, 01:06:00 AM
 #1754

Is there an explanation for the horizontal sections of the earnings chart?
If workers are working, the chart should be cyclical unless there are server side issues where the work is being diverted/paused?
h2odysee
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September 21, 2013, 04:31:28 AM
 #1755

Is there an explanation for the horizontal sections of the earnings chart?

I was doing some server maintenence, so the stats weren't updating, so the chart was stalled for that portion.

http://middlecoin.com - profit-switching, auto-exchanging scrypt pool that pays out in BTC
jabba1
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September 21, 2013, 05:45:51 AM
 #1756

Can u tell me if theres any mining activicty on this adress 16n9uLGRspB6ZaMikq32puc6Fd3KGP392k ?

I see zero shares submitted with that address. I see that you connected though, at least once. Are you CPU mining?
Yes i use cpu mining...is that bad?
Another question how many cpu mining Computers can mine on the same adress(worker) with several ip's ?
h2odysee
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September 21, 2013, 05:47:38 AM
 #1757

Yes i use cpu mining...is that bad?
Another question how many cpu mining Computers can mine on the same adress(worker) with several ip's ?

As many as you want.

You shouldn't be mining scrypt with a CPU. You should be mining primecoin. Look at http://ypool.net/

http://middlecoin.com - profit-switching, auto-exchanging scrypt pool that pays out in BTC
jabba1
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September 21, 2013, 05:52:12 AM
 #1758

Yes i use cpu mining...is that bad?
Another question how many cpu mining Computers can mine on the same adress(worker) with several ip's ?

As many as you want.

You shouldn't be mining scrypt with a CPU. You should be mining primecoin. Look at http://ypool.net/

why ?
is the hashrate too low?
I am already registered at ypool ..
do u think that in the near future the worth Primecoin is going up ?
h2odysee
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September 21, 2013, 05:53:29 AM
 #1759

why ?
is the hashrate too low?

As far as I know, mining primecoin with a CPU is much more profitable than mining scrypt. Or at least it was last time I looked at it.

http://middlecoin.com - profit-switching, auto-exchanging scrypt pool that pays out in BTC
jabba1
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September 21, 2013, 05:59:40 AM
 #1760

what do u think is the reward to cpu-mine with 10 PC's on your pool?
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