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

[MiMiMiner]

If mining alt is difficult because of trading. Why not mine xx% on coin x, xx% on ltc etc etc.....

[Kluge]

If mining alt is difficult because of trading. Why not mine xx% on coin x, xx% on ltc etc etc.....

Because you still have to trade them for BTC??

[MiMiMiner]

If mining alt is difficult because of trading. Why not mine xx% on coin x, xx% on ltc etc etc.....

Because you still have to trade them for BTC??

Yes, but you will never crash the market of a single coin, right?

[Zombie123]

I don't understand the issue here. If you dont like H2o policies move somewhere else.. I was not happy with payout and I moved.. I have 2.3MH/ got an .15 here in a week Did in on my own.. mined Cat sold it immi mined RPC sold it immmi.. mined Moon sold it immi I did get almost double the profit.. But was my mind at peace NO.. Did I spent too much time YES .. was it worth it.. YES to me it was as i learned a bit.. Will I come back here YES I might if I want someone else to do it for me for less profit and I dont have to spend time on it.. So guys deal with it and move on

[Kluge]

If mining alt is difficult because of trading. Why not mine xx% on coin x, xx% on ltc etc etc.....

Because you still have to trade them for BTC??

Yes, but you will never crash the market of a single coin, right?

Well, you might.

[neofatalist]

I keep on seeing posts because people keep quoting! Damn!

He obviously has an agenda if he keeps posting over and over on a pool he supposedly left. Lets not help his agenda people. IGNORE BUTTON IS UNDER HIS NAME!

That ignore button works pretty good

If only more people accepted the solution

[MiMiMiner]

If mining alt is difficult because of trading. Why not mine xx% on coin x, xx% on ltc etc etc.....

Because you still have to trade them for BTC??

Yes, but you will never crash the market of a single coin, right?

Well, you might.

Why? When you are spreading the hash rate over the top ten coins.... Right?

[neofatalist]

You know what's even more irritating than tealover's unrelenting wild accusations?

The truckload of people who cannot resist the urge to tell him to go away or rehash the story of his low trust score.

STOP IT!!

If I don't like tealover's posts, I can easily ignore them with a single button click.. But your constant responses (that contain no new information or insights whatsoever) are distracting and not as easily ignored. Unless I start to ignore you too, but then I might miss something interesting you post later on.

Few people care about tealover's accusations or his trust rating, we are here to discuss middlepool and stay up to date on the pool status - information that should be present on the pool's website, not hidden in this 230+ page announcement thread.

Moreover : at least tealover brings something fresh to the table (ad nauseum) : a disparant voice. A nice counterweight to the fanboyism I've been witnessing the last 100+ pages.

Of course the operator could be taking more than 3%. If he's representative of the general population, chances are, he is. The thing is, right now there's no way to know either way so we can only weigh our payout against other pools.

Once a similar pool comes along that is more open about what is happening I think a lot of people will seriously consider it. The lack (or plain absence) of information is the only thing I don't like about middlecoin, but it's a big thing for me.

I like a bit of critical thinking about what is happening to our hashpower and I do think the pool operator should be *a lot* more forthcoming with information about the status of the pool.

I've invested a lot of money into my hashpower, mostly based on middlecoin's operation so I get nervous when anything out of the ordinary happens that affects payouts.

For example I've yet to read *any* kind of response to the really low payout last Saturday night that has affected some miners, but not all. Why not all? I can live with the occasional low payout, but when I see that miners with a similar hashrate and uptime as myself received a more or less regular payout and I'm only getting 50%-ish and even less than straight LTC mining, I want to know what's up. Or down

I couldn't care less about the super-duper-secret sauce the operator is using to generate our BTC. I suspect the main reason for all the secrecy is to avoid any kind of accountability, the constant second guessing by the miners and the endless support questions the information would cause.

However, I do want to be informed about anything out of the ordinary going on with the pool.

I'm paying 3% for the ease-of-mind and not having to bother following up my mining choices myself.

But when I have to start taking screenshots of coingeek's graphs and measuring pixels (to try to decipher what's so different from other people's graphs), or keep following this thread to make sure I'm not missing anything important (just to find out that I have to choose between a server with frequent disconnects or one that mines straight LTC without the necessary information to make an informed decision), well, then I get peeved.

Hmm.. Now I feel so much better

Date Registered January 5. Activity 1. Right.

[Xamda]

it's simple

if you believe you'll get better results with some other mining scheme, use it
if you find the performance acceptable, point hashes at middlecoin and mine away

bickering on a forum about shit that cannot be proven--and has zero influence on results--is useless noise

if h2o's motivation to work on the pool hasn't been eaten away by you fucking retards, it surely will be

Well, that is hardly likely He DOES earn more than most people on this pool so a little criticism he will surely be able to take and live with...

However, people like Tealover does try to harm H20 and without the slightest trace of proof it is, in my opinion, a crime - slander.

Tealover is now IGNORED (thanks for pointing out the option, it will make me feel so much better).

[ButterBread]

Date Registered January 5. Activity 1. Right.

Yes, I registered mainly to be able to write that post. I've been with the pool for over a month though. I would like to know what could've caused the weird (low) payout last saturday that some of us have had, whilst others had a more or less regular payout.

Plus, I finally registered to be able to reach support on middlecoin, as the pool's contact link simply links to the operator's profile on this forum - to which you cannot send messages without registering.

So do you have anything relevant to respond with, in regard to my post, or did you just want to do a quick ad-hominem?

[Fletch]

I took the liberty of giving the pool website a quick makeover. I find myself staring at the graphs and tables on the site quite a lot these days and the current design is, well, not amazing. You can view my mockup here:

http://rickardandersson.github.io/middlecoin

For the sake of convenience, I only included part of the huge table on the front page. In addition, all report links in the table point to the same sample page. I also took the liberty of changing the colors used in the graphs by coinGeek. The colors I used are:

Immature: #ecdf9a
Unexchanged: #a6e38e
Balance: black (2 px wide)
Accepted: #7cb5ee
Rejected: #215b95
Three hour average: black

It's not the most exciting design (I'm not a designer), but I believe it is at least a bit better than what we have today.

h20 and coinGeek: If you like any or all of my changes, by all means, use them.

[sfire]

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html

How are people hashing that much? Are these generally companies? I can't even imagine an individual with 500+ GPUs

This address is a bit suspect for me, each time visit middlecoins www he have more Mh

I think that only using at least 400-450 units of HD 7990 you can reach that hashing power.

He is for sure working in the factory and each day after work he takes one with him through the backdoor 

500 MH/s is equal to 660 R9 280x's at 750k each.

no PC

[neofatalist]

H20,

It seems that middlecoin is getting way too big. Is it possible to mine several coins at one time and spread out the hashrate and give reward based on hashing average so there is no penalty for mining unprofitable coins? Seems like we are doing harm to alt coin market. Maybe we can mine more sustainably if we mine 4-5 alt coins at a time.

[drakoin]

I created an Excel file with the following columns:
--- SNIP ---
And all that goes into ONE LINE in Excel, because then the next line is just filling in the values, pulling a few calculation cells down - and the result is there.
...
Does this help?  Overanswered, I guess :-)

Whoa Drakoin! That is deep!

Can you send me the file you made to see if i can make some order out of all this information stream?

I don´t really know an awfull a lot, but im learning (or at least trying!)...
Thanks in avance for the attention... Best Regards, LPC

Happy to help. Welcome to the strange&mesmerizing world of cryptocurrencies :-)
Myself, I got so much help here.  This web based collaboration work is amazing.
And here is your answer. Overanswered again :-)
but I wanted to beautify the Excel sheet a bit, before I send it to you.

DOWNLOAD THE EXCEL SPREADSHEET HERE:
https://mega.co.nz/#!B9pzGY6K!coGgVCE260BII08hBnRWtE8At08GV-PqJ61v_kSY8c0


copy the whole line into your addressfield, the URL is not recognized in this forumsoftware???

Im going to see your file later on...
But thanks for helping me out (and others who will use it!)

Any feedback is highly appreciated. If it's used, I might make a forumpage about it.

[mikeybit]

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html

How are people hashing that much? Are these generally companies? I can't even imagine an individual with 500+ GPUs

This address is a bit suspect for me, each time visit middlecoins www he have more Mh

I think that only using at least 400-450 units of HD 7990 you can reach that hashing power.

He is for sure working in the factory and each day after work he takes one with him through the backdoor 

500 MH/s is equal to 660 R9 280x's at 750k each.

no PC

What are we looking at here?

[kalus]

no PC

interesting!  where/when did this talk take place?

found some more info if anyone's interested.  does run ubuntu. http://www.cybtc.com/article-468-1.html

[ButterBread]

Any feedback is highly appreciated. If it's used, I might make a forumpage about it.

Couldn't understand it, sorry. But a forumpage with more information about how to use would be nice if you have the time to spare.

Might want to clean up your language a bit, to make a more serious impression

I just made my own spreadsheet with mining profits, electricity cost, etc. that I can experiment with.

But I did not do a forward projection like you did (if I understood that correctly), which would be nice to have.

[sfire]

no PC

interesting!  where/when did this talk take place?

2013-12-8 China Bei Jing

[MiMiMiner]

O my... asics??

[mikeybit]

Could someone please translate?