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

[envy2010]

awesome! great work h2o!

i guess this means i can remove load-balance now then?

I would recommend doing that. I have seen less than a minute of downtime on the US server in the last 5 hours... only 2 disconnects and both resumed in seconds.

[1714165809]

1714165809

[1714165809]

1714165809

[bekho]

I noticed some recent changes as well.
Has the coin name been inside the job name before? Like DOG_something or MOO_something? :-)

I also noticed this recently, although only once I started to use cgminer 3.1.1. Personally, I don't think it makes much of a difference whether the names are there or not since it isn't too hard to determine what is being mined by looking at the reported network difficulty in cgminer.

[DontMineMe]

I am definitely noticing significant improvement in disconnects. Good job H2O ! You delivered fast on your word

[testthewhiterabbit]

Thanks h2o for your efforts!

To everyone else whining, if you are not happy move to another pool.  If you don't like the fees, move to another pool.  

I've been mining on the pool for 17 days straight on the US server with a decent amount of hashing power.  I've consistently made a decent amount of profit regardless of any small issues, have not had to restart a single one of my mining instances, and very happy with pool in general.

[Shaban]

The top miner has 355mhs, they have more rejected mhs than I have total lol.

H2o, I'm not going to accuse you of anything, but I do know big miners that have said you take more than your fees state you take. If you don't mind, can you show some sort of proof of how much you are taking? Maybe your public address so we can see how much you are withdrawing for yourself (even though you could have more than one and we would never know).  I would like to see more transparency in this pool. Idc what coin is being mined (as long as it's more profitable than mining LTC straight), but I would like to see the fees that are being taken.

Also as someone else stated before, what did you mean by a refund transaction?

[Soak]

Is someone able to explain me why my balance growing slower on the US server than on the EU one?



You can see I got better performance today on the rejects, using the custom cgminer from someone in the thread.

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/18hk9oJkkLYSHFMg4NKr52wci52PmZzeci.html

[envy2010]

The top miner has 355mhs, they have more rejected mhs than I have total lol.

H2o, I'm not going to accuse you of anything, but I do know big miners that have said you take more than your fees state you take. If you don't mind, can you show some sort of proof of how much you are taking? Maybe your public address so we can see how much you are withdrawing for yourself (even though you could have more than one and we would never know).  I would like to see more transparency in this pool. Idc what coin is being mined (as long as it's more profitable than mining LTC straight), but I would like to see the fees that are being taken.

Also as someone else stated before, what did you mean by a refund transaction?

Not to speak for h2o (I'd like to hear his thoughts on this) but this isn't quite that simple. There are a lot of steps to this process.

We (as miners) send hashpower to the server. We have no way to collectively see how many shares are valid blocks on the coin being mined, and we dont even know the coin being mined (even if h2o compiled and published data per share and per it would be extremely simple to fake).

Next, blocks go from the server wallets to exchanges. Again, this data could be published, but easily faked. We have no idea where h2o is trading coin (and I'm not sure I want to know), and what exchange rates are for the coins. Then, BTC are sent from exchanges (probably through middlecoin wallets) to users. The fee probably comes out here.

I'm all for transparency, and it would be nice to know a bit more about the inner workings here. However PROVING that the shares sent in should result in a certain amount of BTC out would be extraordinarily difficult, and would certainly expose everything about the process (which would consequently destroy much of the advantage middlecoin has over competitive pools).

[envy2010]

Is someone able to explain me why my balance growing slower on the US server than on the EU one?

You can see I got better performance today on the rejects, using the custom cgminer from someone in the thread.

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/18hk9oJkkLYSHFMg4NKr52wci52PmZzeci.html

Your mining on the US server results in unexchanged balance, which is paid out later. The EU server is immediately autotraded.

Check what the sum of immature, unexchanged, and balance add up to for each period.

[jimprofit99]

Is someone able to explain me why my balance growing slower on the US server than on the EU one?

http://image.noelshack.com/fichiers/2014/01/1388865136-balance.jpg

You can see I got better performance today on the rejects, using the custom cgminer from someone in the thread.

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/18hk9oJkkLYSHFMg4NKr52wci52PmZzeci.html

As you can see, when you are on the US Server, you accumulate a lot of unexchanged coins to be exchanged later.  When you're on the EU Server, the coins exchange quickly because it's only one currency, and the market is there.  As soon as H2O will have patched the EU Server, it will work exactly as the US Server and switch between many coins, and you will have to wait a bit more before seeing your Balance grow.

[chilin_dude]

You people aren't realising what he's saying, even if he adds up the blue, green and red on the US days it still comes to less than the red on the EU server.
Take the last day for example, 0.00222 Balance + 0.00216 + 0.0008 immature = 0.00518 That is the Cumulutive, COMPLETE TOTAL of his days mining, now look at the day before on just EU he got over 0.01, so no matter which way you look at it he has ended up with way less BTC (approx half)

Good to see a few updates in here from H20, that guy was too quick to label him a scammer (ironically given he's a scammer himself).
That being said, as a few others have said, please can you explain the large 'refund', how come someone needed a big refund?
Thanks.

[RickJamesBTC]

You people aren't realising what he's saying, even if he adds up the blue, green and red on the US days it still comes to less than the red on the EU server.
Take the last day for example, 0.00222 Balance + 0.00216 + 0.0008 immature = 0.00518 That is the Cumulutive, COMPLETE TOTAL of his days mining, now look at the day before on just EU he got over 0.01, so no matter which way you look at it he has ended up with way less BTC (approx half)

Good to see a few updates in here from H20, that guy was too quick to label him a scammer (ironically given he's a scammer himself).
That being said, as a few others have said, please can you explain the large 'refund', how come someone needed a big refund?
Thanks.

Do you guys know every transaction your bank or credit card company makes? Do you ask them for details about someone elses account? Either you are getting good results with the pool or you aren't. None of the pools are so open that you could tell if the numbers they paid out are accurate or not.

[jimprofit99]

You people aren't realising what he's saying, even if he adds up the blue, green and red on the US days it still comes to less than the red on the EU server.
Take the last day for example, 0.00222 Balance + 0.00216 + 0.0008 immature = 0.00518 That is the Cumulutive, COMPLETE TOTAL of his days mining, now look at the day before on just EU he got over 0.01, so no matter which way you look at it he has ended up with way less BTC (approx half)

Good to see a few updates in here from H20, that guy was too quick to label him a scammer (ironically given he's a scammer himself).
That being said, as a few others have said, please can you explain the large 'refund', how come someone needed a big refund?
Thanks.

Once again, different day means different performances...  If he feels that he gets better payout on the EU Server, then he should have stayed there instead of changing.  Personally, no matter on which server I work, I never have 2 times the same payout!!!  Past results are not a guaranty of future results!

[chilin_dude]

I understand past payouts are not meaning future will be the same jim, that is down to variance. However they are normally in a similar ballpark, for one to go from 0.01 ish on EU day 1, to 0.005ish day 2 on US, to 0.01ish on EU day 3, to 0.005ish on US day 4, you can see there is a trend occuring to a decent reliability. I am not taking sides, I am merely stating you cannot dismiss it.
I'm a massive fan of the pool, don't take everything as an attack of so personally, a loss of 50% earnings day to day from going EU to USA server is very strange, and not within the realms of variance - as you will be able to see if you look up others payouts.

Cheers

[Antivanity]

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 the fix on the US server, runs great now.

Can you please elaborate on "refund" ? Seeing $80,000+ move to some unknown account from the pools wallet makes me (maybe others) feel like we are being taken advantage of. Specially with the low payouts recently. Please be transparent about the transactions taking place. Seems that middle coin is built on transparency with the nice full log of wallet addresses and payouts for each... lets keep with that trend

[RickJamesBTC]

I understand past payouts are not meaning future will be the same jim, that is down to variance. However they are normally in a similar ballpark, for one to go from 0.01 ish on EU day 1, to 0.005ish day 2 on US, to 0.01ish on EU day 3, to 0.005ish on US day 4, you can see there is a trend occuring to a decent reliability. I am not taking sides, I am merely stating you cannot dismiss it.
I'm a massive fan of the pool, don't take everything as an attack of so personally, a loss of 50% earnings day to day from going EU to USA server is very strange, and not within the realms of variance - as you will be able to see if you look up others payouts.

Cheers

He is holding coins longer than a straight pool, so the exchanges aren't instant. You HAVE to take an average off a longer period to see what it does.

[jimprofit99]

I understand past payouts are not meaning future will be the same jim, that is down to variance. However they are normally in a similar ballpark, for one to go from 0.01 ish on EU day 1, to 0.005ish day 2 on US, to 0.01ish on EU day 3, to 0.005ish on US day 4, you can see there is a trend occuring to a decent reliability. I am not taking sides, I am merely stating you cannot dismiss it.
I'm a massive fan of the pool, don't take everything as an attack of so personally, a loss of 50% earnings day to day from going EU to USA server is very strange, and not within the realms of variance - as you will be able to see if you look up others payouts.

Cheers

As stated by H2O, the US Server was switching between currencies (even too much), while the EU Server was only mining a single currency (DOGE then LTC).  As both server acted (and will continue to do so as long as the EU Server is not patched), making a comparison is like comparing apples and oranges.

[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.

Thanks for the fix on the US server, runs great now.

Can you please elaborate on "refund" ? Seeing $80,000+ move to some unknown account from the pools wallet makes me (maybe others) feel like we are being taken advantage of. Specially with the low payouts recently. Please be transparent about the transactions taking place. Seems that middle coin is built on transparency with the nice full log of wallet addresses and payouts for each... lets keep with that trend

How much are you putting into this pool? Seriously, if people are gonna make the same crazy request, let's see some numbers. Are YOU losing a big chunk of payout? Are you claiming that for 3 days you got .004 instead of .006??

[Antivanity]

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 the fix on the US server, runs great now.

Can you please elaborate on "refund" ? Seeing $80,000+ move to some unknown account from the pools wallet makes me (maybe others) feel like we are being taken advantage of. Specially with the low payouts recently. Please be transparent about the transactions taking place. Seems that middle coin is built on transparency with the nice full log of wallet addresses and payouts for each... lets keep with that trend

How much are you putting into this pool? Seriously, if people are gonna make the same crazy request, let's see some numbers. Are YOU losing a big chunk of payout? Are you claiming that for 3 days you got .004 instead of .006??

Calm your jimmies sweet cheeks. All i want is an explanation for that $80,000+ transfer. How can you simply look past it ? It came from the pool wallet.. it is potentially money you or I or anyone else could of made via the predetermined profit sharing stated on middlecoin.com website. So again.. how can you simple glaze over this fact that is came from the pool wallet.. and is 100% unexplained. "Refund" isnt an explanation.

[h2odysee]

When you make a bitcoin transaction, there is always an extra bit leftover that goes back into your wallet. In this case, that extra bit happened to be large, due to the way the "coins" in the wallet were arranged.

[CrimsonPermanentAssurance]

I would also like to report my hash rates are completely back to normal on middlecoin, and my rejected shares have gone DOWN from normal. SWEEEEEEEEEEEEEEEEEEEEEET!!!

Thanks for listening to us, h2o. Nice job on the server fix.

Keep up the great work!!!