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Author Topic: [ANN] profit switching auto-exchanging pool - www.middlecoin.com  (Read 829874 times)
Whagwan
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January 07, 2014, 08:15:07 AM
 #4621

Yes profits are down, but all altcoin profits are down.  A good test is to go into the #hashcows irc room.  They have a bot which let's you calculate a profit estimate using your hash (!calc x where x is you kh/s) for that day.

This is currently showing 0.0063BTC/Mhs/24hrs which is significantly lower than the 0.00857BTC/Mhs/24hrs paid yesterday on middlecoin
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(Today's payout on 1400khash: 0.012 BTC)
that people are complaining about here.

So maybe litecoins are more profitable right now, then it's your choice to mine litecoins instead.  I might switch my miner over for a day or two to diversify anyway and then see if the profit returns to altcoins and coin switching.
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nonny12
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January 07, 2014, 08:19:51 AM
 #4622

Yes profits are down, but all altcoin profits are down.  A good test is to go into the #hashcows irc room.  They have a bot which let's you calculate a profit estimate using your hash (!calc x where x is you kh/s) for that day.

This is currently showing 0.0063BTC/Mhs/24hrs which is significantly lower than the 0.00857BTC/Mhs/24hrs paid yesterday on middlecoin
Quote
(Today's payout on 1400khash: 0.012 BTC)
that people are complaining about here.

So maybe litecoins are more profitable right now, then it's your choice to mine litecoins instead.  I might switch my miner over for a day or two to diversify anyway and then see if the profit returns to altcoins and coin switching.

Also keep in mind that BTC price has increased the past few days. Alt coins have been flat or down in price, so getting nearly the same amount of BTC or slightly less makes sense.
Xamda
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January 07, 2014, 08:24:53 AM
 #4623

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As he said this is his FULL-TIME JOB (that means 40 hours/week as he's in USA)

Clearly he's a LIAR otherwise he would post more than 1 sentence per day and he would explain the accusations against him for theft!

This pool is the most obvious scam I've ever seen.

I will GLADLY take bets with anyone whether this pool ends up a scam or not.

You sound butt hurt ..... the more you cry the more I will mine to keep the tears flowing.

Cry me a river.



LOL - is Coffeehater still around?
zoonosis
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January 07, 2014, 08:45:18 AM
 #4624

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From Australia I'm getting
Singapore: 222
USwest: 277

Interesting...my ping to singapore is around 150ms
Im located in Brisbane so if you're in either Melb or Syd im closer Wink

Even more interesting!

I'm in Brisbane too

Who is your ISP? mine is iiNet ADSL2+
How far are you from your telephone exchange? I can see mine out the window so my connection is pretty good.
2Alpha
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January 07, 2014, 08:48:11 AM
 #4625

Well the changes seem to be making the server more stable but I have one question should we we changing coins this much?

We start at diff 40                        00:24:33 PST
Block was Found                           00:24:33 PST
Diff 40                                        00:24:37 PST
Block was found                           00:24:37 PST
Diff changes to 3.37K                     00:25:13 PST  (Total time between diffs = 40 seconds)
Block was found                            00:25:13 PST
Diff changes to 214                        00:25:25 PST (Total time between diffs = 12 seconds)

That just seems like it is a bit much for changing when there is a total of 52 seconds between 3 coin changes (this is just a small example of what I have been seeing over the course of the last few hours)

I am running on middlecoin.com:3333 with a ping time of around 28ms to the server

Don't get me wrong I can't argue with the stability I am just curious as why we would switch coins that fast, I would think there would be around a 5 - 10 minute hold on a particular coin before switching.

Our last diff was 214 which started at 00:33:39 PST and ended on 00:43:37 PST at which time it switched to diff 193, total time between coin changes 9 minutes and 58 seconds - This seems more like the range it should be, just not sure why other times it changes so fast (might be a bug in the switching  algorithm or the calculation algorithm for figuring out which is the most profitable coin)

just an observation that I am seeing with the new changes and wanted to point it out.
reubes
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January 07, 2014, 08:57:40 AM
 #4626

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From Australia I'm getting
Singapore: 222
USwest: 277

Interesting...my ping to singapore is around 150ms
Im located in Brisbane so if you're in either Melb or Syd im closer Wink

Even more interesting!

I'm in Brisbane too

169ms here in Brissy too!
zoonosis
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January 07, 2014, 09:07:33 AM
 #4627

Not sure what steroids the singapore server is on but my stats are awesome after changing to it
Same hash rate of about 876kh/s but my WU is way up....827...its usually around 760.
As a consequence the red line on the coingeek graph has started to go up at a sharper angle.
Should be a good payout tomorrow if this keeps up
daynomate
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January 07, 2014, 09:24:14 AM
 #4628

really?

Code:
C:\Users\Frank>ping asia.middlecoin.com

Pinging asia.middlecoin.com [54.254.224.191] with 32 bytes of data:
Reply from 54.254.224.191: bytes=32 time=127ms TTL=51
Reply from 54.254.224.191: bytes=32 time=125ms TTL=51
Reply from 54.254.224.191: bytes=32 time=128ms TTL=51
Reply from 54.254.224.191: bytes=32 time=124ms TTL=51

Ping statistics for 54.254.224.191:
    Packets: Sent = 4, Received = 4, Lost = 0 (0% loss),
Approximate round trip times in milli-seconds:
    Minimum = 124ms, Maximum = 128ms, Average = 126ms

This is from Tassie! But I am on Internode though  Cool

Nice work h2o!!
bengx
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January 07, 2014, 09:27:34 AM
 #4629

Code:
C:\Users\Benedict>ping asia.middlecoin.com

Pinging asia.middlecoin.com [54.254.224.191] with 32 bytes of data:
Reply from 54.254.224.191: bytes=32 time=5ms TTL=55
Reply from 54.254.224.191: bytes=32 time=4ms TTL=55
Reply from 54.254.224.191: bytes=32 time=4ms TTL=55
Reply from 54.254.224.191: bytes=32 time=5ms TTL=55

Ping statistics for 54.254.224.191:
    Packets: Sent = 4, Received = 4, Lost = 0 (0% loss),
Approximate round trip times in milli-seconds:
    Minimum = 4ms, Maximum = 5ms, Average = 4ms

This is nice. Very very nice. So glad I'm sticking to this pool Cheesy
eric89
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January 07, 2014, 09:34:08 AM
 #4630

Quote
From Australia I'm getting
Singapore: 222
USwest: 277

Interesting...my ping to singapore is around 150ms
Im located in Brisbane so if you're in either Melb or Syd im closer Wink

Even more interesting!

I'm in Brisbane too

169ms here in Brissy too!

Bah!

I'm with TPG
daynomate
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January 07, 2014, 09:35:29 AM
 #4631

Quote
From Australia I'm getting
Singapore: 222
USwest: 277

Interesting...my ping to singapore is around 150ms
Im located in Brisbane so if you're in either Melb or Syd im closer Wink

Even more interesting!

I'm in Brisbane too

169ms here in Brissy too!

Bah!

I'm with TPG

free packet-loss with your internet =D

srsly is there a way to stop multi-quoting by default? im used to boards that only quote previous... so much extra space taken up :|
zoonosis
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January 07, 2014, 09:38:29 AM
 #4632

scratch that, WU has shot up to 860 with hash rate still at 876  Shocked
GO SINGAPORE GO
gthoo
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January 07, 2014, 09:42:10 AM
 #4633

Can someone plz post thet last payout / Kh/s?
Firebug24k
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January 07, 2014, 10:49:39 AM
 #4634

Can someone plz post thet last payout / Kh/s?

There's a website that has this info... http://middlecoin.com/
Caze
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January 07, 2014, 11:24:04 AM
 #4635

Anyone else here using Multiminer/bfgminer? I prefer using Multiminer for my machine as I have two different GPUs and can monitor them from my mobile but it gives me consistently lower hash rate than cgminer. After the server fix cgminer seems to be rock solid but in bfgminer the hash rate seems to drop on every coin change and after a while it stops recovering and settles down at around 10% less from normal values.
Is there any particular setting I could try out to get it more stable or is this simply a problem with the miner?
BombaUcigasa
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January 07, 2014, 11:33:48 AM
 #4636

Today's payout on 1400khash: 0.012 BTC
LTC comparative pay on 1400khash: 0.462 LTC * 0.0298 BTC/LTC = 0.0138 BTC

Looks like 13% for me. Also because of the fee (3%), it's more like 10% lower than Litecoin. Right?

Have you included the unexchanged and immature in "todays payout" from middlecoin?  If not the comparison with straight litecoin is not fair.

Also the 3% should be more like 4% as you need to add an exchange fee as well.
No, they were visually similar on the chart at the payout time with the ones from the last payout. I was just pointing out that my numbers were slightly different than someone else's.

Also it is possible that this pool or any other can have different LTC profitability for a single day due to variance, but also because of overhead allowing profit switching.

If anyone is afraid to lose 10% of their hashrate against LTC, please mine elsewhere. You also lose the chance of a huge profit bump when an altcoin becomes popular like DOGE.
arandy
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January 07, 2014, 11:53:53 AM
 #4637

I'm trying this one for a week hope it works out
Dende
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January 07, 2014, 11:57:59 AM
 #4638

I use my pc to mine with a brand new 280x and the graphic card is 3/4 way of paying for itself. Already got 300mbtc from middlecoin and need another 100mbtc then it can retire from mining. I have sold 400mbtc in advance to cover for the graphic card. I have not calculated the cost of electricity but my old gpu that has been sold should cover that. So, thanks again h2o for my (almost) free gpu Grin

Still got one rig with 3 280x but this one is going to keep mining until there is nothing to mine (this one runs on free electricity Cool) and btc from this rig is not going to be converted to fiat anytime soon Wink
Manwe
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January 07, 2014, 12:08:01 PM
 #4639

Can someboy tell me how much BTC can 1m hashrate make per day please?
MiMiMiner
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January 07, 2014, 12:09:35 PM
 #4640

Hm... changed all my miners to eu (with a ping of 16ms(!!!!)). But, my hasrate is dropping,..... why!

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/1JDHL5WhHNrg4HrNksnF7S1ChGVYYUkjVC.html
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