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

[Zombie123]

I am doing 2.4MHz and only getting .02-.03 on average. It that normal. I think its a bit less for that rate

750khs~.01-.02/24h
maybe you have hardware errors

I am impressed by the hasrates you all seem to get. None of my R9280Xs go higher than 710 (and they get very hot, above 90 all of them and as a result the speed is sometimes reduced as low as 550).

I guess it is basically a heat problem... But it would be nice to be able to get 750 out of every card, it would mor eor less an extra card for me.

tried to undervolt?

0 hardware errors according to cgminer and no stale shares as well. 5% reject rate thats all... Not sure what should I do

[1715658553]

1715658553

[1715658553]

1715658553

[caution]

the wallet that was used in the hack over at hashcows (13R87ropkDKzDEuVeQoX64kkcLvPWVdTKHhttps://blockchain.info/address/13R87ropkDKzDEuVeQoX64kkcLvPWVdTKH?offset=0&filter=0) mined over here, Dec. 26. http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/13R87ropkDKzDEuVeQoX64kkcLvPWVdTKH.html

why would someone do that, use the same wallet that was used in the heist?  Wouldn't their IP be traceable now?

[gtraah]

The problem is even if there IP is traceable, What are you going to do about it? This is Crypto World, This is the one and only MAJOR downfall of crypto.

Lets just say EVEN if you have his physical Home address. Unless you take the law into your own hand, and drive-by his house Or knock on his door and kidnap him and force him to send the coins back.

There is NOTHING the police will do. Most probably look at you and say whats bitcoin?

Its a Sad fact, which is why many cyber hacking criminals are in wonderland atm, Karma is a bitch and I hope that guy get run over by the next car he crosses paths with

[gtraah]

I am doing 2.4MHz and only getting .02-.03 on average. It that normal. I think its a bit less for that rate

750khs~.01-.02/24h
maybe you have hardware errors

I am impressed by the hasrates you all seem to get. None of my R9280Xs go higher than 710 (and they get very hot, above 90 all of them and as a result the speed is sometimes reduced as low as 550).

I guess it is basically a heat problem... But it would be nice to be able to get 750 out of every card, it would mor eor less an extra card for me.

tried to undervolt?

0 hardware errors according to cgminer and no stale shares as well. 5% reject rate thats all... Not sure what should I do

Hmm 750KH ? Not sure about it getting you 0.01-0.02 Per 24H

here is my experience so far LOL

I just started middlecoin 48 hrs ago...

I am hashing at 1.5mhz - NO HARDWARE ERRORS, NO ISSUES WHAT SO EVER..

1st day I had a hiccup and missed out on 3.5 hrs of the 24 hrs My miner closed accidently because of a setting in cgwatcher ...anyway I received 0.0178 So I thought ok it was my first day I missed few hours lets see how the next day goes.

2nd day which was yesterday I had a complete 24 hrs on 1.5mhz which only brought me in 0.0174 - This I found strange, and I am putting it down to sheer bad timing, as it may have just been a bad day yesterday.

3rd day - (Today)? Not sure yet! BUT I am hoping that yesterday was just a bad day in middlecoin and that if my miner worked the full 24hrs the 1st day by your calculations I should have infact received around 0.03-0.04

So lets see how it goes.

So by saying 750KH will bring you 0.01-0.02  means that someone with 1.5mhz should be getting double @ 0.03-0.04? I hope this is the case as this means I should be getting a good payout tonight, BUt something is telling me it may not be the case, please Correct me if I am wrong as I really hope I am wrong.

[caution]

The problem is even if there IP is traceable, What are you going to do about it? This is Crypto World, This is the one and only MAJOR downfall of crypto.

Lets just say EVEN if you have his physical Home address. Unless you take the law into your own hand, and drive-by his house Or knock on his door and kidnap him and force him to send the coins back.

There is NOTHING the police will do. Most probably look at you and say whats bitcoin?

Its a Sad fact, which is why many cyber hacking criminals are in wonderland atm, Karma is a bitch and I hope that guy get run over by the next car he crosses paths with

true but it would be nice to be able to put a name/face to the thief (over the internet & crypto world) which might dissuade others in the future from being so heartless.  I mean the person made a pretty big mistake, unless they were using a vpn/proxy to connect to middlecoin.  

So by saying 750KH will bring you 0.01-0.02  means that someone with 1.5mhz should be getting double @ 0.03-0.04? I hope this is the case as this means I should be getting a good payout tonight, BUt something is telling me it may not be the case, please Correct me if I am wrong as I really hope I am wrong.

I'm @ 1,700-1,900 kh/s and these were my last 7 payments, has come down a bit from previous days but should help to give you some idea as to your potential payout on middlecoin.

0.01289579
0.02615018
0.03320773
0.03716203
0.03422506
0.02620362
0.02319669

[rwessels]

This is one month of mining from Dec 16 to Nov 16 (going backwards).  I am only including up to the 16th of this month because my new equipment started coming online after that day.  Below are daily numbers for 11 MH.  They range from .036 to .457 which is more than a factor of 10 difference.

0.302
0.457
0.327
0.040
0.154
0.186
0.118
0.213
0.149
0.241
0.128
0.250
0.308
0.213
0.111
0.157
0.093
0.257
0.348
0.163
0.065
0.108
0.086
0.069
0.108
0.091
0.115
0.072
0.111
0.118
0.036

[punkrock]

4 MH/s

Dec. 24, 2013, 2:33 a.m.    0.06444079
Dec. 25, 2013, 2:47 a.m.    0.07426681
Dec. 26, 2013, 2:23 a.m.    0.07988641
Dec. 27, 2013, 5:50 a.m.    0.06750066
Dec. 28, 2013, 2:39 a.m.    0.06278494
Dec. 29, 2013, 2:34 a.m.    0.04719201

[gtraah]

GEEEEEE ,, THis is what I dont get ^^^^ the last guy who posted 4MH Is getting much better results than the next guy with 4MH... How is this ok? I mean EXAMPLE :

I have 1.5mh POWER mining lets Say Ummmm Infinitecoin   The pool stats show that I will get 130-140k Coins now funny enough it is pretty accurate I and the guy next to me with 1.5mh will get between 130-140k worth of coins. Now if we were to trade these coins. we will pretty much get the exact same ammount in BTC.


What I don't get is with Middle coin how are so many different people with the same MH getting different BTC amounts?

[rudyo]

7.5 - 8 MH/s http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/14984bqoP1E63pRVJbXECQ1zvbDMtiXuSv.html

You really can't judge middlecoin on anything less than 5-7 days, and even longer would be more indicative of the return.  The inmature and unexchanged coins coins are not reflected in the payout throughout the day, so you can't focus too much on the BTC amount throughout the day...it is not linear.

Just put it on and let it run for 1-2 weeks and them make a determination. There is a very good reason he has approx 9000 MH/s and many farms over 20 MH/s.

[chadtn]

GEEEEEE ,, THis is what I dont get ^^^^ the last guy who posted 4MH Is getting much better results than the next guy with 4MH... How is this ok? I mean EXAMPLE :

I have 1.5mh POWER mining lets Say Ummmm Infinitecoin   The pool stats show that I will get 130-140k Coins now funny enough it is pretty accurate I and the guy next to me with 1.5mh will get between 130-140k worth of coins. Now if we were to trade these coins. we will pretty much get the exact same ammount in BTC.


What I don't get is with Middle coin how are so many different people with the same MH getting different BTC amounts?

If one person mines for 24 hours and I mine for a week straight with an equal hash rate then it is entirely possible for me to get three times the payout on Dec 21st since coin I mined on Dec 15th could finally mature and pay out.  Another possible scenario is that the coin I mined on Dec 15th wasn't very profitable at the time I mined it, but the value tripled by the time it was exchanged.  It could go the other direction too.  Some crazy coin might be worth a fortune on Dec 21st, but by the time it gets exchanged on the 23rd it is near worthless.  The gain or loss on any kind of currency transaction is only theoretical until it changes hands.

Chad

[coinGeek]

to the moon...

[Kluge]

You really can't judge middlecoin on anything less than 5-7 days, and even longer would be more indicative of the return.  The inmature and unexchanged coins coins are not reflected in the payout throughout the day, so you can't focus too much on the BTC amount throughout the day...it is not linear.

It pretty much is for now. JSON update times have somehow further improved and mined coins are almost immediately exchanged (for better or worse). It is kind of concerning that payout's have been steadily decreasing as we add hashpower. Hard to tell if that's simply variables outside MDC or if multipools don't scale because they put too much sell pressure on altcoins by a) dramatically increasing the % mining to immediately sell and b) cause inflation (which is immediately dumped) far beyond what was intended by suddenly putting 100-200% more hashpower on a network before it can properly retarget.

It may also hinder mining by the altcoin's enthusiasts. It'd be interesting to read a study on the effects of multipools given the MDC hashpower has been growing tremendously in the past couple weeks (before hashco.ws, even).

[Bigeyeone]

You really can't judge middlecoin on anything less than 5-7 days, and even longer would be more indicative of the return.  The inmature and unexchanged coins coins are not reflected in the payout throughout the day, so you can't focus too much on the BTC amount throughout the day...it is not linear.

It pretty much is for now. JSON update times have somehow further improved and mined coins are almost immediately exchanged (for better or worse). It is kind of concerning that payout's have been steadily decreasing as we add hashpower. Hard to tell if that's simply variables outside MDC or if multipools don't scale because they put too much sell pressure on altcoins by a) dramatically increasing the % mining to immediately sell and b) cause inflation (which is immediately dumped) far beyond what was intended by suddenly putting 100-200% more hashpower on a network before it can properly retarget.

It may also hinder mining by the altcoin's enthusiasts. It'd be interesting to read a study on the effects of multipools given the MDC hashpower has been growing tremendously in the past couple weeks (before hashco.ws, even).

Multipool mining is the automated mining variant of market arbitrage , the more it is done the less it is profitable.

You basically taking hashpower from one market to another market, the more hashpower you sell on one market the quicker the arbitrage opportunity disappears. the quicker you have to switch to another market and this is the reason why middlecoin does not publish what coin they are mining.

[CaptainBeck]

People really need to start asking what hash will get what, either try this pool for a week and see, or dont try this pool and go some where else.

But believe me, there is a reason why this pool has 9000MH behind it, and growing all the time.

[SimonG]

I'm still wondering why we're not mining catcoins.

[CaptainBeck]

Is there the market volume to mine catcoin???

If H20 pointed middlecoin at catcoin where would we sale our coins?? He would have to hold alot of coins and by that time half this board would complain about their short term profits.

Unless this pool moves to mining different coins at the same time, we wont see little alt coins on here because we cant sell the volume we create.

[kalus]

Is there the market volume to mine catcoin???

that's a good point.

If H20 pointed middlecoin at catcoin where would we sale our coins??

coinedup has xchange for cats.

[soilworker]

Hey guys, im hashing wit 1.1 mh average speed, and yesterday i got only about 0.013 btc for 24h of mining. I dont have any rejected and less than 1% stales. Those are my payments for the last week or so, please tell me what do you think, is this still fine? http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/1PcFb6x9RgSDKVFVZCbmiPRajj1AYvfqRd.html

[rudyo]

I've started seeing "stratum connection to pool 0 interrupted" errors the last few hours.  Pops up about every 2 min or so.  At first I just thought it was one rig, but seeing it now on several rigs.  

I am connection to stratum+tcp://middlecoin.com:3333

Is anyone else seeing this error? it?  Is there possibly a load issue?

[chadtn]

Hey guys, im hashing wit 1.1 mh average speed, and yesterday i got only about 0.013 btc for 24h of mining. I dont have any rejected and less than 1% stales. Those are my payments for the last week or so, please tell me what do you think, is this still fine? http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/1PcFb6x9RgSDKVFVZCbmiPRajj1AYvfqRd.html

If one person mines for 24 hours and I mine for a week straight with an equal hash rate then it is entirely possible for me to get three times the payout on Dec 21st since coin I mined on Dec 15th could finally mature and pay out.  Another possible scenario is that the coin I mined on Dec 15th wasn't very profitable at the time I mined it, but the value tripled by the time it was exchanged.  It could go the other direction too.  Some crazy coin might be worth a fortune on Dec 21st, but by the time it gets exchanged on the 23rd it is near worthless.  You also have to factor in the fact that the price of Bitcoin changes constantly.  If all other currency prices remain frozen while the price of Bitcoin goes up then your payout will be smaller.  The gain or loss on any kind of currency transaction is only theoretical until it changes hands.

Chad