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

[hardergamer]

Thanks jk1985 i will be sending sum coin 

[2Alpha]

-- EDIT --
I think I found the issue and its my miner not the pool - stupid thing seems to be crashing time to move off WinBlows and put them all back on Linux.
----

Anyone else getting strange estimated hash rates from middlecoin? I have been mining here a while at 1.5MH/s yes I know not the best hash rate currently working on it but this morning I see that middlecoin's estimate is only 56KH/s and I am watching my miners scroll accepted shares and my api calls to my miners are saying shares are being accepted.

I do know that middlecoin is just estimating my current hashrate as it does not know exactly but i have never seen the estimate be so low and just curious if anyone else is seeing something similar.

[mbeezy84]

Is anyone else still getting a lot of network interruptions using the non-eu server? The eu server works fine but I'm in the US so I'd prefer using the US server.

[2Alpha]

Is anyone else still getting a lot of network interruptions using the non-eu server? The eu server works fine but I'm in the US so I'd prefer using the US server.

Yeah I have been seeing a lot of those as well but it has not seem to be effecting mining to much now that I figured out the issue with my low estimated hash rate. When I was on the EU server it did not seem that it was paying out properly but it may have just been the increase in the number of miners on that are using middlecoin, but I have been mining on the US server for the last day or so and even with the interrupts the pay outs seem to be close to what they were before the increase in miners.

[Shaban]

Looks like Hashcows was hacked!

Everyone mining at hashcows (including people here who have it as their failover) had their payouts sent to this address: 13R87ropkDKzDEuVeQoX64kkcLvPWVdTKH

Make sure you didn't fall victim to that!

There's been a breach this afternoon with a number of users reporting payout addresses being changed and manual payouts being triggered to the new address.   All payouts have been disabled and we are working on determining the scope of the issue.  While its unlikely passwords have been compromised (and nothing is stored plain text in the db anyways), its not a bad practice to assume the worst and change passwords anyways.

40.8 total BTC has been lost.  We can't really comment much further on account statuses until we gather data on the full picture.  Obviously with the time of year, we all have commitments outside, but we are working every spare moment we've got.

I advise people to stop by the irc channel if possible, where live discussions can happen and up to date news provided.  


The cows apologize to everyone involved, its a terrible time of year to wake up to such things.  There will be 0% fees on anything earned as of now (keeping in mind payout is disabled for the time being).  


nearmiss

[mbeezy84]

Is anyone else still getting a lot of network interruptions using the non-eu server? The eu server works fine but I'm in the US so I'd prefer using the US server.

Yeah I have been seeing a lot of those as well but it has not seem to be effecting mining to much now that I figured out the issue with my low estimated hash rate. When I was on the EU server it did not seem that it was paying out properly but it may have just been the increase in the number of miners on that are using middlecoin, but I have been mining on the US server for the last day or so and even with the interrupts the pay outs seem to be close to what they were before the increase in miners.

I don't believe the server should affect the payout/earnings...but can anyone else confirm?

[gsrcrxsi]

Expect a lot more hashing power to be coming to middlecoin because of the breach at HC

Fuckers took 0.045+BTC from me

[hardergamer]

Looks like Hashcows was hacked!

Everyone mining at hashcows (including people here who have it as their failover) had their payouts sent to this address: 13R87ropkDKzDEuVeQoX64kkcLvPWVdTKH

Make sure you didn't fall victim to that!

There's been a breach this afternoon with a number of users reporting payout addresses being changed and manual payouts being triggered to the new address.   All payouts have been disabled and we are working on determining the scope of the issue.  While its unlikely passwords have been compromised (and nothing is stored plain text in the db anyways), its not a bad practice to assume the worst and change passwords anyways.

40.8 total BTC has been lost.  We can't really comment much further on account statuses until we gather data on the full picture.  Obviously with the time of year, we all have commitments outside, but we are working every spare moment we've got.

I advise people to stop by the irc channel if possible, where live discussions can happen and up to date news provided.  


The cows apologize to everyone involved, its a terrible time of year to wake up to such things.  There will be 0% fees on anything earned as of now (keeping in mind payout is disabled for the time being).  


nearmiss

FUCK!! i have 

[SimonG]

Expect a lot more hashing power to be coming to middlecoin because of the breach at HC

Fuckers took 0.045+BTC from me

That's nothing dude. I hope everyone from hashcows dont migrate here. Would reduce earnings a lot.

[Kluge]

Expect a lot more hashing power to be coming to middlecoin because of the breach at HC

Fuckers took 0.045+BTC from me

That's nothing dude. I hope everyone from hashcows dont migrate here. Would reduce earnings a lot.

How do you figure?

[gsrcrxsi]

yes, i was more lucky than some and less luck than others. some lost 0.3+BTC or more. but its really the principle.

i will not mine at HC until they reimburse everyone. many others are taking the same position. this was a huge security hole/flaw at the hashcows HQ, not any vulnerability at the user level.

and true i dont really see how having everyone from HC migrate here will equal lower payouts. everyone is paid their fair share. you get a percentage of the pot based on the work you put into it. yeah you'll be getting a lower percentage, but the pot will be larger, evening it out.

[hardergamer]

yes, i was more lucky than some and less luck than others. some lost 0.3+BTC or more. but its really the principle.

i will not mine at HC until they reimburse everyone. many others are taking the same position. this was a huge security hole/flaw at the hashcows HQ, not any vulnerability at the user level.

and true i dont really see how having everyone from HC migrate here will equal lower payouts. everyone is paid their fair share. you get a percentage of the pot based on the work you put into it. yeah you'll be getting a lower percentage, but the pot will be larger, evening it out.

yes im doing the same

[gsrcrxsi]

https://blockchain.info/address/13R87ropkDKzDEuVeQoX64kkcLvPWVdTKH?offset=0&filter=0

heres the guy who got it all. ran for like 2hrs cashing people out before HC stopped all transfers.

some people lost 1BTC, 2BTC, even 3+BTC.

[kalus]

some people lost 1BTC, 2BTC, even 3+BTC.

sad, but i don't think hashcows should reimburse people that left their currency on the site.  It's stupidity that someone would leave $600, $1200, even $1800+ essentially in someone else's wallet.  

does anybody do that in real life?

lol people are still mining from hashco.ws right now.  usually people don't try to put gas in the tank of a car that's already been wrecked. 

[jamesc760]

People like you make me laugh. You need to count yourself lucky to make 0.01 a WEEK with your hashrate. Har har har.

wow you're an ass. people like you weren't raised properly. 

You have it ass-backward, kalus. It's the people who feel entitled to become rich by mining even with their meager hashrate, who should be called an "ass"

I am a beautiful human being, endowed with handsomeness you can't even imagine with your limited intelligence.

[kalus]

It's the people who feel entitled to become rich by mining even with their meager hashrate, who should be called an "ass"

so by comparison with my hashrate/e-penis length, you're an ass.  

not true!  you're an ass because you step on small people "with their meager hashrate" to make yourself feel better. 

[gsrcrxsi]

some people lost 1BTC, 2BTC, even 3+BTC.

sad, but i don't think hashcows should reimburse people that left their currency on the site.  It's stupidity that someone would leave $600, $1200, even $1800+ essentially in someone else's wallet. 

does anybody do that in real life?

lol people are still mining from hashco.ws right now.  usually people don't try to put gas in the tank of a car that's already been wrecked. 

plenty of people do that with paypal. i dont think anyone should be chastised for it. also, you have to think that maybe those people had that much BTC from todays earnings alone. look at some of the top earners on middlecoin here. the guy with 58MH/s who's made 210BTC from middle coin. he's pulling like 2-3BTC per payout. and since payouts are only once per day, theres not much he can do about that balance.
 
i had my threshold set to .1BTC, which is reasonable for the amount of BTC i generate (about .03/day). it helps minimize the loss due to transaction fees. with a .0001 flat fee for transactions, the more you can transfer at one time the less % you'll lose to fees.

ultimately i think HC SHOULD reimburse. this issue was their fault alone. they allowed their site to be breached with insufficient security measures.

if they don't, thats their choice, but i think its a slap in the face to their miners. and i wont mine there until im reimbursed.

[petabytecoin]

It's the people who feel entitled to become rich by mining even with their meager hashrate, who should be called an "ass"

so by comparison with my hashrate/e-penis length, you're an ass.  

not true!  you're an ass because you step on small people "with their meager hashrate" to make yourself feel better. 

Both of you please take it to PM if you insist on arguing. Nobody needs to see your boring, public bickering.

[SimonG]

I just came back to my computer and noticed cgminer has been stopped. Why does this happen? Very frustrating because I have to manually restart cgminer.

[12/24/2013 9:56:21 PM]  CGMiner (8132): 1 getwork failure(s) reported.
[12/24/2013 9:56:47 PM]  CGMiner (8132): Pool 0 (12H4mX2JoPUFkTTbWHadDkCfs9CrETkpnD@stratum+tcp://eu.middlecoin.com:3333) status is DEAD
[12/24/2013 9:56:47 PM]  CGMiner (8132): Miner restart requested...
[12/24/2013 9:56:50 PM]  CGMiner (8132): Process closed.

[12/24/2013 9:56:47 PM]      Accepted shares have not changed for 3.05 minutes, longer than the threshold of 3 minutes. Attempting to restart...
[12/24/2013 9:56:47 PM]      Because the miner is set to a .BAT file, I will attempt to stop and then start the miner so the .BAT is reloaded...
[12/24/2013 9:56:50 PM]      CGMiner process closed outside of CGWatcher! Use the 'Ensure miner stays running' monitor option to have CGWatcher restart the miner when this happens.
[12/24/2013 9:56:55 PM]      No pools set in config file or arguments! If I need to restart the miner it will be stuck at prompt until you manually enter this information WTF??

[kalus]

some people lost 1BTC, 2BTC, even 3+BTC.

sad, but i don't think hashcows should reimburse people that left their currency on the site.  It's stupidity that someone would leave $600, $1200, even $1800+ essentially in someone else's wallet.  

does anybody do that in real life?

lol people are still mining from hashco.ws right now.  usually people don't try to put gas in the tank of a car that's already been wrecked.  

plenty of people do that with paypal. i dont think anyone should be chastised for it. also, you have to think that maybe those people had that much BTC from todays earnings alone. look at some of the top earners on middlecoin here. the guy with 58MH/s who's made 210BTC from middle coin. he's pulling like 2-3BTC per payout. and since payouts are only once per day, theres not much he can do about that balance.

your point about paypal is fair;however, since paypal is not FDIC insured, is not a bank, and paypal is making money off all residual balances, why not make the same money yourself?  From the decade of working with paypal, i've watched them them freeze accounts on a whim, reverse transactions with no recourse, and cut off payments with no explanation.  so yes, i still would feel it's sad if so-and-so lost all their money on paypal, but then again, look at the track record. 

the guy with 58MH/s who made 210BTC from middlecoin gets paid daily, as you said.  by paying out daily, using no logins other than your own btc address, middlecoin mitigates the issue and bad press of having so much stolen at one time.  users of middlecoin would instantly know if the frontpage started reading out hundreds of identical payout addresses.   Hashcows has their payout addresses buried deep in their configuration, so most people don't even check their addressses before they press the 'cashout' button.