|
gtraah
|
 |
January 02, 2014, 03:39:11 PM |
|
I have been mining with just short of 1.8 MH/s for a couple of weeks now, but I haven't gotten anything since the 28th of December. Which is odd, because I have been getting 0.02-0.03 every day. On the middlecoin.com website, it says my address has 0 mh/s, but CGminer reports accepted shares every few seconds.
What is happening?
How would you feel if your first auto-switch pool to ever try was middlecoin and it was the 28th December? How would you feel if you decided to point your miner at it and since that day only left middlecoin for 1 day and guess what?? Made the best payout during the time OFF middlecoin doing it on my own ... Guess where i am again.. Middlecoin... You probably call me crazy. Something is making me come back... I think its the ease and I just dont believe this is middlecoin otherwise why are all you people here , so I am waiting to see what you guys do here before I decide to leave I need to see atleast 1 decent return to feel satisfied actually since I have had bad payouts I would prefer atleast 3 decent returns in a row would be nice  I mean dont get me wrong even I will eventually crack but its going to take more than a few days of crap. But yeh so you can think of me when you feel bad about your returns since the 28th |
|
|
|
|
|
|
|
|
|
|
|
|
|
Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
sykal
Member
 Offline
Activity: 98
Merit: 10
|
|
January 02, 2014, 03:43:01 PM |
|
Why do some people have a lot of unexchanged coins, and why do some people have not? I did have a lot of them, but they are exchanged.
My guess is that it depends on which coin he/she has been mining. As noted by h20, the EU server is mining doge only and I'm guessing there's autotrading setup for that coin. For users on the US server though, more "exotic" coins are being mined and in those cases, the trading is done manually and less frequently. Manual trading? If that's the case, that's a big negative. By the time he gets around to it, the coin might be worthless- If he is auto-trading on the EU server, I'm not sure why the same isn't done for the US. We all have a lot of unexchanged that are just sitting. There must be a reason why his holding on to the coins, for example would you rather dump the coins for 0.000081 or 0.000089.. offcourse the later and this may be the difference of $10-$40 when all you had to do was wait . No work from your end other than wait. Not bad I think, anyway I am just trying to see the positive side to it. I would rather there be a cutoff. I am mining coins for $, not for investment. That's my choice, not the pool owners. |
|
|
|
|
|
gtraah
|
|
January 02, 2014, 03:44:46 PM |
|
I would rather there be a cutoff. I am mining coins for $, not for investment.
That's my choice, not the pool owners.
I know what you saying, we all have our own preferences...Problem is this pool is run by the owner and we are riding it, the way he wants to do it... So if you want to do it your way you have to mine your way... Juggle the coins, Pool Hop , Exchange Etc.... |
|
|
|
|
Kurshu
Newbie
Offline
Activity: 10
Merit: 0
|
|
January 02, 2014, 04:05:29 PM |
|
I would rather there be a cutoff. I am mining coins for $, not for investment.
That's my choice, not the pool owners.
You're correct. Its your choice to mine at middlecoin not the pool owners. Don't like it then leave. |
|
|
|
|
uh60james
Member
Offline
Activity: 85
Merit: 10
|
|
January 02, 2014, 04:12:02 PM |
|
I hope that's not all Doge that is being held unexchanged, it's dropping like a rock.
|
LTC: LVjM7UJUedLgfeYztFaLc7J5ND35wo4qoP
FTC: 6tX9SmXhTxcpSsuNpCtkrKMxKxHbicPNpt
SBC: sewXveFW8XNBw5tGPabPTQD33iHJikwr2a
|
|
|
|
zSprawl
|
|
January 02, 2014, 04:14:32 PM |
|
I hope that's not all Doge that is being held unexchanged, it's dropping like a rock.
It's not because if you mine EU, it's all DOGE and quickly autoexchanging. |
BTC: 1EyCRbT3YeskViEtH9KfRLpjdR2nsrrcW6
|
|
|
sykal
Member
Offline
Activity: 98
Merit: 10
|
|
January 02, 2014, 04:17:44 PM |
|
I would rather there be a cutoff. I am mining coins for $, not for investment.
That's my choice, not the pool owners.
You're correct. Its your choice to mine at middlecoin not the pool owners. Don't like it then leave. Good attitude to have about someone else investing your $. |
|
|
|
|
Kurshu
Newbie
Offline
Activity: 10
Merit: 0
|
|
January 02, 2014, 04:22:28 PM |
|
I would rather there be a cutoff. I am mining coins for $, not for investment.
That's my choice, not the pool owners.
You're correct. Its your choice to mine at middlecoin not the pool owners. Don't like it then leave. Good attitude to have about someone else investing your $. What i'm getting at is that it is your choice. I choose to invest in middlecoin with my hash rate because I believe it is a sound investment for the amount of time I put in. Sure, if I didn't have a day job and could hop around coins and manually trade all day then it might not be the best choice but I do have a job and can't. What my problem is with your attitude is you are choosing to invest in the pool and then complaining that you are investing in the pool. Literally no one is forcing you to mine here. |
|
|
|
|
sykal
Member
Offline
Activity: 98
Merit: 10
|
|
January 02, 2014, 04:25:10 PM |
|
I would rather there be a cutoff. I am mining coins for $, not for investment.
That's my choice, not the pool owners.
You're correct. Its your choice to mine at middlecoin not the pool owners. Don't like it then leave. Good attitude to have about someone else investing your $. What i'm getting at is that it is your choice. I choose to invest in middlecoin with my hash rate because I believe it is a sound investment for the amount of time I put in. Sure, if I didn't have a day job and could hop around coins and manually trade all day then it might not be the best choice but I do have a job and can't. What my problem is with your attitude is you are choosing to invest in the pool and then complaining that you are investing in the pool. Literally no one is forcing you to mine here. Middlecoin is an investment? Here I was thinking it was a pool. I didn't realize it was Middlecoin Bitcoin Fund, Co. A pool is used to form a network of hash, he is auto trading which is nice, but if he is holding onto those coins that WE mined, that's not right. If we want to hold onto the coins we earned, that's for us to decide. His job is to keep the pool alive, *trade, and payout...and he gets a nice fee for his efforts. He's not doing all those parts. |
|
|
|
|
|
envy2010
|
|
January 02, 2014, 04:28:44 PM |
|
Middlecoin is an investment? Here I was thinking it was a pool.
I didn't realize it was Middlecoin Bitcoin Fund, Co.
A pool is used to form a network of hash, he is auto trading which is nice, but if he is holding onto those coins that WE mined, that's not right.
If we want to hold onto the coins we earned, that's for us to decide.
His job is to keep the pool alive, *trade, and payout...and he gets a nice fee for his efforts.
He's not doing all those parts.
h2o's job is to run the pool for the highest profits, which he is doing. If you don't like how he runs it, take 30 seconds and point your miners somewhere else. |
|
|
|
|
|
artiface
|
|
January 02, 2014, 04:36:45 PM |
|
I would rather there be a cutoff. I am mining coins for $, not for investment.
That's my choice, not the pool owners.
You're correct. Its your choice to mine at middlecoin not the pool owners. Don't like it then leave. Good attitude to have about someone else investing your $. What i'm getting at is that it is your choice. I choose to invest in middlecoin with my hash rate because I believe it is a sound investment for the amount of time I put in. Sure, if I didn't have a day job and could hop around coins and manually trade all day then it might not be the best choice but I do have a job and can't. What my problem is with your attitude is you are choosing to invest in the pool and then complaining that you are investing in the pool. Literally no one is forcing you to mine here. Middlecoin is an investment? Here I was thinking it was a pool. I didn't realize it was Middlecoin Bitcoin Fund, Co. A pool is used to form a network of hash, he is auto trading which is nice, but if he is holding onto those coins that WE mined, that's not right. If we want to hold onto the coins we earned, that's for us to decide. His job is to keep the pool alive, *trade, and payout...and he gets a nice fee for his efforts. He's not doing all those parts. Middlecoin is where you are investing your hashrate, like you would at any other pool. Here you don't have to manage the coins you receive and trading them to bitcoin happens automatically, but as h2o sees fit to get the best profits. If you don't like how it is run, once again NO ONE IS FORCING YOU TO MINE HERE. |
|
|
|
|
BrainShutdown
Legendary
Offline
Activity: 1052
Merit: 1004
|
|
January 02, 2014, 04:37:17 PM
Last edit: January 02, 2014, 05:06:35 PM by BrainShutdown |
|
I would rather there be a cutoff. I am mining coins for $, not for investment.
That's my choice, not the pool owners.
You're correct. Its your choice to mine at middlecoin not the pool owners. Don't like it then leave. Good attitude to have about someone else investing your $. What i'm getting at is that it is your choice. I choose to invest in middlecoin with my hash rate because I believe it is a sound investment for the amount of time I put in. Sure, if I didn't have a day job and could hop around coins and manually trade all day then it might not be the best choice but I do have a job and can't. What my problem is with your attitude is you are choosing to invest in the pool and then complaining that you are investing in the pool. Literally no one is forcing you to mine here. Middlecoin is an investment? Here I was thinking it was a pool. I didn't realize it was Middlecoin Bitcoin Fund, Co. A pool is used to form a network of hash, he is auto trading which is nice, but if he is holding onto those coins that WE mined, that's not right. If we want to hold onto the coins we earned, that's for us to decide. His job is to keep the pool alive, *trade, and payout...and he gets a nice fee for his efforts. He's not doing all those parts. Oh boy... another one... You "invest" your time/electricity/hardware-time in some pool or solo mining right? You are responsible for your own "investments" right? If you think middlecoin is not good enough place for your "investments"... there is a solution you know...  |
|
|
|
sykal
Member
Offline
Activity: 98
Merit: 10
|
|
January 02, 2014, 04:37:48 PM |
|
Middlecoin is an investment? Here I was thinking it was a pool.
I didn't realize it was Middlecoin Bitcoin Fund, Co.
A pool is used to form a network of hash, he is auto trading which is nice, but if he is holding onto those coins that WE mined, that's not right.
If we want to hold onto the coins we earned, that's for us to decide.
His job is to keep the pool alive, *trade, and payout...and he gets a nice fee for his efforts.
He's not doing all those parts.
h2o's job is to run the pool for the highest profits, which he is doing. If you don't like how he runs it, take 30 seconds and point your miners somewhere else. I'm sorry you don't see the concern with holding onto your coins in the hope that they will be profitable. I like everything else about Middlecoin. I don't like the fact that he is trying out investment strategies with other peoples money. It's great when it's up, but maybe I'm the only one thinking of the other possibility. |
|
|
|
|
Panteraswift
Member
Offline
Activity: 98
Merit: 10
|
|
January 02, 2014, 04:45:10 PM |
|
Middlecoin is an investment? Here I was thinking it was a pool.
I didn't realize it was Middlecoin Bitcoin Fund, Co.
A pool is used to form a network of hash, he is auto trading which is nice, but if he is holding onto those coins that WE mined, that's not right.
If we want to hold onto the coins we earned, that's for us to decide.
His job is to keep the pool alive, *trade, and payout...and he gets a nice fee for his efforts.
He's not doing all those parts.
h2o's job is to run the pool for the highest profits, which he is doing. If you don't like how he runs it, take 30 seconds and point your miners somewhere else. I'm sorry you don't see the concern with holding onto your coins in the hope that they will be profitable. I like everything else about Middlecoin. I don't like the fact that he is trying out investment strategies with other peoples money. It's great when it's up, but maybe I'm the only one thinking of the other possibility. I understand your point, but the reality is that the people who mine here, is not paying the fee just for the auto Exchange feature, they are also paying for H2O´s expertise in the cryptocurrency market. It just a matter of trust, really. |
If you feel I helped:
BTC 1CKwmN5zrrqDLgzmwFgvr1AbqXPSDaRrXp
|
|
|
|
hardergamer
|
|
January 02, 2014, 04:46:21 PM |
|
I would rather there be a cutoff. I am mining coins for $, not for investment.
That's my choice, not the pool owners.
You're correct. Its your choice to mine at middlecoin not the pool owners. Don't like it then leave. Good attitude to have about someone else investing your $. What i'm getting at is that it is your choice. I choose to invest in middlecoin with my hash rate because I believe it is a sound investment for the amount of time I put in. Sure, if I didn't have a day job and could hop around coins and manually trade all day then it might not be the best choice but I do have a job and can't. What my problem is with your attitude is you are choosing to invest in the pool and then complaining that you are investing in the pool. Literally no one is forcing you to mine here. Middlecoin is an investment? Here I was thinking it was a pool. I didn't realize it was Middlecoin Bitcoin Fund, Co. A pool is used to form a network of hash, he is auto trading which is nice, but if he is holding onto those coins that WE mined, that's not right. If we want to hold onto the coins we earned, that's for us to decide. His job is to keep the pool alive, *trade, and payout...and he gets a nice fee for his efforts. He's not doing all those parts. In the end of the day its upto h2o how he runs his pool, and im very happy for him to hold onto sum coins if he thinks he will make us/him a higher profit. like what has been said befor, if you dont agree with the way h2o runs the pool you can always leave. |
|
|
|
|
jamesc760
|
|
January 02, 2014, 04:47:06 PM |
|
To all those baffled by the "low" payouts the past few days,
This is normal for middlecoin. The past few days' payouts are about average for this pool. Don't be baffled or surprised or puzzled or even angry that the payout are so "low." This is normal.
And, if you don't like it, leave. There are other options. Some of you, apparently, were doing much better than mining on middlecoin. Go back. This pool is for noobs and the lazy. I am lazy and have real life outside bitcoins.
|
|
|
|
|
Gamer67
Sr. Member
Offline
Activity: 294
Merit: 250
тσ ¢σιи σя иσт тσ ¢σιи?
|
|
January 02, 2014, 04:54:01 PM |
|
As stated above. If you don't like the methods involved here then the door is right here: 'X'
You can always do it yourself then there will be no one to blame.
|
"I am not Dorian Nakamoto."
|
|
|
Gamer67
Sr. Member
Offline
Activity: 294
Merit: 250
тσ ¢σιи σя иσт тσ ¢σιи?
|
|
January 02, 2014, 04:58:53 PM |
|
Just thought I would add that I point 3/4 of my hash power to Middlecoin and the rest I point at new coins (speculating). I think that strikes a nice balance as I get a payout each day and don't feel like I am missing the boat on any new coins. Just food for thought.  |
"I am not Dorian Nakamoto."
|
|
|
|
glon
|
|
January 02, 2014, 05:02:30 PM |
|
As stated above. If you don't like the methods involved here then the door is right here: 'X'
You can always do it yourself then there will be no one to blame.
And what if I do like all the methods involved here except this single issue with the delayed trades? Should I stay or should I go? Please advise. |
|
|
|
|
Gamer67
Sr. Member
Offline
Activity: 294
Merit: 250
тσ ¢σιи σя иσт тσ ¢σιи?
|
|
January 02, 2014, 05:11:24 PM |
|
As stated above. If you don't like the methods involved here then the door is right here: 'X'
You can always do it yourself then there will be no one to blame.
And what if I do like all the methods involved here except this single issue with the delayed trades? Should I stay or should I go? Please advise. Stay. In the last 12 14 days I have made 1.01 BTC my total hash power is around 4.5k and as I said in my post above I have not devoted all of my hash to Middlecoin all the time. I have also earned another $300 speculating and have a decent little stash of some new coins to trade in the future. Edit: it was actually 14 days. |
"I am not Dorian Nakamoto."
|
|
|
|
