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

[kalus]

Poof: http://blockchain.info/tx/8ec2f8f4c9e8bf8a639b4bbe72d3324c1ec686650ca091e4046525d0cc161151 and http://blockchain.info/address/1xowiTAdUeux71ExGmSW6qK5FPrGDa3Mp

thanks, that's a transaction.

To go directly from "this is a large transaction" to "this large transaction is fraudulent" is not supported by the links you posted.  all it shows is a transaction took place.

the transaction is without any implication of malice.  it just has to be explained.

i'm interested if there is any type of foul play becuase i do use the site heavily.  However, what you've posted is not 'poof' enough to meet the elements of fraud.  

[1714027368]

1714027368

[1714027368]

1714027368

[1714027368]

1714027368

[Antivanity]

Poof: http://blockchain.info/tx/8ec2f8f4c9e8bf8a639b4bbe72d3324c1ec686650ca091e4046525d0cc161151 and http://blockchain.info/address/1xowiTAdUeux71ExGmSW6qK5FPrGDa3Mp

thanks, that's a transaction.

To go directly from "this is a large transaction" to "this large transaction is fraudulent" is not supported by the links you posted.  all it shows is a transaction took place.

the transaction is without any implication of malice.  it just has to be explained.

i'm interested if there is any type of foul play becuase i do use the site heavily.  However, what you've posted is not 'poof' enough to meet the criteria of fraud. 

I personally am not claiming malice. Just curious as to why this huge transaction took place. Why wasnt it used for payouts. etc.. the payout address 1xowiTAdUeux71ExGmSW6qK5FPrGDa3Mp isnt apart of middlecoin.com log.. so it was done manually by H20.

I think, we as a community should know about things like this. Keeping everything upfront and honest keeps everything civil.

[RickJamesBTC]

In the last payout transaction 8ec2f8f4c9e8bf8a639b4bbe72d3324c1ec686650ca091e4046525d0cc161151 there was a large sum ($81,266.62) of BTC transfered to BTC address 1xowiTAdUeux71ExGmSW6qK5FPrGDa3Mp. This address can not be found on the middlecoin.com log.

Whats the deal here ? I dont want cry foul play right off the bat, but its a bit.. weird.

Further proof that H2O is not trustworthy.

Can we get a SCAM label on this thread yet?

What the fuck is your vendetta against this pool? Transferring bitcoin when he deals in thousands of bitcoin makes him not trustworthy? Sure there aren't details, but ANY pool you mine on could be siphoning. Since he is upfront about his high fees, and yet his pool still pays out much more bitcoin than direct mining the alt coins does and converting them yourself, it sure seems to work for everyone. Until someone is actually a scam, such as yourself, why should a pool be given negative press?

[kalus]

I personally am not claiming malice. Just curious as to why this huge transaction took place. Why wasnt it used for payouts. etc.. the payout address 1xowiTAdUeux71ExGmSW6qK5FPrGDa3Mp isnt apart of middlecoin.com log.. so it was done manually by H20.

I think, we as a community should know about things like this. Keeping everything upfront and honest keeps everything civil.

that's fine.  thanks for pointing this out.  i have no problems with transparency.  in fact, the transparency of the front page (e.g. seeing the entire payout ledger) is why i find middlecoin to be less of a 3-card monte than other pools.  

i specifically asked tealover if there was proof of the 'scam' he is accusing middlecoin of.  you responded with 'poof', but you agree it isn't proof of any malicious intent so i think we can move forward from here.  

I also specifically asked tealover if he can explain his (-4) trust indicator, showing that a transaction with a sr. member for 0.5btc for a video card was not completed.  he has not responded to Eroxors in 6 months, and if tealover's making claims of fraud against someone, he should also be upfront and honest about his dealings as well.  This persistent, ongoing complaint against tealover is documented in  tealover's user profile.  

[neofatalist]

I've been on this pool for about 3 months and I have to say H2O has been a very good pool operator. I'm pretty happy with the service.

The pool has been getting too large I think, and it might be having a negative impact on the alt coins... maybe it should limiting registration?
Anyway, looking forward to the US server fixes.

[ibfr33k]

Precompiled patched versions of the most popular versions of cgminer for LINUX.

Tested under BAMT and also vanilla ubuntu.

3.1.1   http://www35.zippyshare.com/v/41020470/file.html
3.3.1   http://www35.zippyshare.com/v/61573146/file.html
3.5.0   http://www35.zippyshare.com/v/99102641/file.html
3.7.2   http://www35.zippyshare.com/v/59760161/file.html

Hope this helps some of you. Enjoy.

Thanks. Does anyone have them for Windows?

EDIT:  Linked above.

It really amazes me how much some people want to be spoonfed; How much can I make with this hash?  How can I set up a load balance?  Why is the server doing this?  Where can I find this?

I am far from a computer or a mining expert, I've just been doing this with my 7950 since the start of December, but if I want an answer, I'll google it, I'll use the search on bitcointalk, I'll read the CGminer README (it's called that for a reason.)

If I still can't find an answer then maybe I'll post about it, but as a last resort rather than a first.

I think it does show the good character in this thread though, most forums I know 90% of the posts would be shouted down for not doing the above.

Talk about being spooned and using search, next time do some searching of your own and you would of read that his site is inaccessible for me. I can not load his page. Now go act like a fool on another forum. Retard.

Bal3wolf. Thanks for compiling windows versions. I've been trying to download them from you for the last couple of days but for some reason your server just times out on me without ever loading the page.

[Whagwan]

In the page before he linked them as dropbox links.  HTH 

[RickJamesBTC]

I've been on this pool for about 3 months and I have to say H2O has been a very good pool operator. I'm pretty happy with the service.

The pool has been getting too large I think, and it might be having a negative impact on the alt coins... maybe it should limiting registration?
Anyway, looking forward to the US server fixes.

There's no way to limit registration, because there is no registration.

1. Today's payment is going to be the smallest yet and I've been with this pool for 2 months. I have 6,000 kh hash and my balance is $10 with unexchanged of $5 and miners have not gone down at all.
2. H2O transferred 98 bitcoins recently out of the pool and did not use them for payments
3. The US server has been broke for nearly a week, and EU is mining straight litecoin only yet he still charges a very high ~3.4% fee

If it doesn't test profitable for you, go mine somewhere else! Pretty simple idea. I test every pool before I switch all the miners to it.

[kalus]

This thread is about Middlecoin. My trust rating has nothing to do with whether H2O is honest or a scammer himself.

your trust rating has everything to do with how we evaluate the veracity of your statements.  

nobody is defending H2o.  however, as users we take all accusations of fraud extremely seriously.

because of the serious nature of fraud, we are asking about your trust issues, and for you to clear up the issues surrounding a recent transaction.

have you completed your 0.5btc transaction with eroxors?  that's ~$400usd today, and this has been an issue since june, 2013.

[bal3wolf]

Precompiled patched versions of the most popular versions of cgminer for LINUX.

Tested under BAMT and also vanilla ubuntu.

3.1.1   http://www35.zippyshare.com/v/41020470/file.html
3.3.1   http://www35.zippyshare.com/v/61573146/file.html
3.5.0   http://www35.zippyshare.com/v/99102641/file.html
3.7.2   http://www35.zippyshare.com/v/59760161/file.html

Hope this helps some of you. Enjoy.

Thanks. Does anyone have them for Windows?

EDIT:  Linked above.

It really amazes me how much some people want to be spoonfed; How much can I make with this hash?  How can I set up a load balance?  Why is the server doing this?  Where can I find this?

I am far from a computer or a mining expert, I've just been doing this with my 7950 since the start of December, but if I want an answer, I'll google it, I'll use the search on bitcointalk, I'll read the CGminer README (it's called that for a reason.)

If I still can't find an answer then maybe I'll post about it, but as a last resort rather than a first.

I think it does show the good character in this thread though, most forums I know 90% of the posts would be shouted down for not doing the above.

Talk about being spooned and using search, next time do some searching of your own and you would of read that his site is inaccessible for me. I can not load his page. Now go act like a fool on another forum. Retard.

Bal3wolf. Thanks for compiling windows versions. I've been trying to download them from you for the last couple of days but for some reason your server just times out on me without ever loading the page.

heres a drop box link for a few of them i posted it befor but stuff gets lost in here.
https://www.dropbox.com/sh/548gdrrwa0b1227/aU9-rrH7m5?m=

[MiMiMiner]

H2O: please respond... there are some facts right now that you might can blow away. You have to know that you have a lot of responsibility. I have lost because of your bad pool about 2000 USD. I like to pay you 3% of my 200.000 khs when YOU do a good job. But, what do I get from you when you are doing a BAD job??

[RickJamesBTC]

H2O: please respond... there are some facts right now that you might can blow away. You have to know that you have a lot of responsibility. I have lost because of your bad pool about 2000 USD. I like to pay you 3% of my 200.000 khs when YOU do a good job. But, what do I get from you when you are doing a BAD job??

Are you running a backup pool? Failover to the eu middlecoin pool? I've only got a quarter of what you do (did? 200 now? Last you said 160) but this pool still has solid payouts.

[kalus]

These are all FACTS.

that's nothing but circumstancial evidence.  you have failed to show any elements of fraudulent activity.  

the fact is, eroxors feels he sent you 0.5btc for a video card, and you never sent the video card you were selling.

https://bitcointalk.org/index.php?topic=239920.0

I have not heard from tealover since the 10th when he said this via PM:

Hey man I'm so sorry, I fell friday night on the sidewalk, I was out drinking and tripped. Landed on my head, skull has a small crack. Got out of hospital sunday night. Can send pics/proof/whatever if needed. I'll try to ship today or tomorrow. Sorry for delay!  I'm looking at probably a $10,000 hospital bill

He last logged in the 16th. I sent him 0.4899 on the 5th of June. txid: 2f7e3d80d06697cd551698c7d2e1b8d2201786cd0752eab98a657fb455381662

note eroxors posted the transaction ID for his payment, yet i am still not accusing you of fraud.  i am asking you to clarify this for all of us so we can take you at your word.  otherwise, you may be engaging in libel, and opening yourself to legal action for damaging middlecoin's business model with false, written statements.    as I said before, accusations of fraud should be taken extremely seriously, which is why you should not only make sure you can back up your accusations with actual proof of malicious intent, and why you need to address the concerns the community has regarding your trust rating.  

'tread lightly.'

[sykal]

What are the benefits to the later versions of CGMIner?

Im using 3.1.0 for a while now, never saw a reason to update-

[MiMiMiner]

Precompiled patched versions of the most popular versions of cgminer for LINUX.

Tested under BAMT and also vanilla ubuntu.

3.1.1   http://www35.zippyshare.com/v/41020470/file.html
3.3.1   http://www35.zippyshare.com/v/61573146/file.html
3.5.0   http://www35.zippyshare.com/v/99102641/file.html
3.7.2   http://www35.zippyshare.com/v/59760161/file.html

Hope this helps some of you. Enjoy.

Thanks. Does anyone have them for Windows?

EDIT:  Linked above.

It really amazes me how much some people want to be spoonfed; How much can I make with this hash?  How can I set up a load balance?  Why is the server doing this?  Where can I find this?

I am far from a computer or a mining expert, I've just been doing this with my 7950 since the start of December, but if I want an answer, I'll google it, I'll use the search on bitcointalk, I'll read the CGminer README (it's called that for a reason.)

If I still can't find an answer then maybe I'll post about it, but as a last resort rather than a first.

I think it does show the good character in this thread though, most forums I know 90% of the posts would be shouted down for not doing the above.

Talk about being spooned and using search, next time do some searching of your own and you would of read that his site is inaccessible for me. I can not load his page. Now go act like a fool on another forum. Retard.

Bal3wolf. Thanks for compiling windows versions. I've been trying to download them from you for the last couple of days but for some reason your server just times out on me without ever loading the page.

heres a drop box link for a few of them i posted it befor but stuff gets lost in here.
https://www.dropbox.com/sh/548gdrrwa0b1227/aU9-rrH7m5?m=

But are they for linux?

[MiMiMiner]

H2O: please respond... there are some facts right now that you might can blow away. You have to know that you have a lot of responsibility. I have lost because of your bad pool about 2000 USD. I like to pay you 3% of my 200.000 khs when YOU do a good job. But, what do I get from you when you are doing a BAD job??

Are you running a backup pool? Failover to the eu middlecoin pool? I've only got a quarter of what you do (did? 200 now? Last you said 160) but this pool still has solid payouts.

I was mining on the EU server, the VS server is dropping my hashrate way to much - I think. So I stepped out to start mining somewhere else on DOGE because of the bad stats not showing the balance good. Maybe my bad, but I he is doing a decent job or communicate more, big change I stay mining at middlecoin.

Again, I am ok with paying 3%. Maybe up to 5%. But I need a good pool!

[blopblop]

Yes same experience for me in the lastest days, bad hashrate in US server, and bad profit in EU server minning something with very high difficulty (low profit).

[h2odysee]

To answer some questions:

This is my fulltime job. I work way more than 40 hours a week. I also have two part time employees. It would be nice to hire more, but there are trust issues, so I only work with friends.

The address 1xowiTAdUeux71ExGmSW6qK5FPrGDa3Mp is a transaction "refund".

The US pool isn't any worse than it was before. It's just switching more, which is fine except for the disconnects it's causing.

I'm close to finishing the new tech that doesn't disconnect on coin switches, but it's losing 0.6% of hashrate due to a bug. It might be worth rolling out anyway, with this bug.

[MiMiMiner]

To answer some questions:

This is my fulltime job. I work way more than 40 hours a week. I also have two part time employees. It would be nice to hire more, but there are trust issues, so I only work with friends.

The address 1xowiTAdUeux71ExGmSW6qK5FPrGDa3Mp is a transaction "refund".

The US pool isn't any worse than it was before. It's just switching more, which is fine except for the disconnects it's causing.

I'm close to finishing the new tech that doesn't disconnect on coin switches, but it's losing 0.6% of hashrate due to a bug. It might be worth rolling out anyway, with this bug.

Thanks for your respond. Please do this more. We really like your work, but communication and trust is very important!

Please roll it out, it is better then the current version, right?

[RickJamesBTC]

To answer some questions:

This is my fulltime job. I work way more than 40 hours a week. I also have two part time employees. It would be nice to hire more, but there are trust issues, so I only work with friends.

The address 1xowiTAdUeux71ExGmSW6qK5FPrGDa3Mp is a transaction "refund".

The US pool isn't any worse than it was before. It's just switching more, which is fine except for the disconnects it's causing.

I'm close to finishing the new tech that doesn't disconnect on coin switches, but it's losing 0.6% of hashrate due to a bug. It might be worth rolling out anyway, with this bug.

I'm losing 6-7% of hashrate now because of instability. I'll take .6 while you work on it without a question.