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Author Topic: [ANN] profit switching auto-exchanging pool - www.middlecoin.com  (Read 829956 times)
Dawes
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January 11, 2014, 04:26:00 AM
 #5241

Over the last 2 weeks, I averaged 5.28 mBTC/day with my modest 0.720 Mhash/s R9 280X setup. I restart CGMiner whenever rejected shares goes above 2%.

This comes out to 7.33 mBTC/day per Mhash/s. At current coinbase price of $864.86, I earned a total of $63.93 in two weeks.
This gives me $6.34 per Mhash per day. During these two weeks, USD/BTC ranged from $700 to $1000, while middlecoin grew from 7 GH/s to 13 GH/s. The rate of posting in this very thread saw a similar increase, as did the number of vocal dissidents.

If middlecoin earned 200,000 mBTC using 12,500 MH/s, today's pool payed 16 mBTC per Mhash/s, which puts me at about %50 below the pool average. The bottom line is, if you think you can earn more somewhere else, why are you posting here?

To everyone who asked for these numbers, all the data you need is available on middlecoin.com. Do the math  Tongue

I'm fine with H20 using my 3% to build more servers, trade on the exchanges, and resolve technical issues in a timely manner. It saves me the time and headaches of starting my own mining pool.

edit: useast.middlecoin.com started timing out for me, switching to the default pool seemed to fix it.
neofatalist
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January 11, 2014, 04:47:40 AM
 #5242

Over the last 2 weeks, I averaged 5.28 mBTC/day with my modest 0.720 Mhash/s R9 280X setup. I restart CGMiner whenever rejected shares goes above 2%.

This comes out to 7.33 mBTC/day per Mhash/s. At current coinbase price of $864.86, I earned a total of $63.93 in two weeks.
This gives me $6.34 per Mhash per day. During these two weeks, USD/BTC ranged from $700 to $1000, while middlecoin grew from 7 GH/s to 13 GH/s. The rate of posting in this very thread saw a similar increase, as did the number of vocal dissidents.

If middlecoin earned 200,000 mBTC using 12,500 MH/s, today's pool payed 16 mBTC per Mhash/s, which puts me at about %50 below the pool average. The bottom line is, if you think you can earn more somewhere else, why are you posting here?

To everyone who asked for these numbers, all the data you need is available on middlecoin.com. Do the math  Tongue

I'm fine with H20 using my 3% to build more servers, trade on the exchanges, and resolve technical issues in a timely manner. It saves me the time and headaches of starting my own mining pool.

edit: useast.middlecoin.com started timing out for me, switching to the default pool seemed to fix it.

What temp you running that thing? Been trying to tune my rigs (290x) and they run hot as hell so I tune them down to keep them at around 85C. You get more than I do per rig.
Dawes
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January 11, 2014, 06:19:13 AM
 #5243

What temp you running that thing? Been trying to tune my rigs (290x) and they run hot as hell so I tune them down to keep them at around 85C. You get more than I do per rig.

My MSI R9 280X stays at 82c at 40% fan speed. It's using a small engine overclock (1020/1500 -> 1040/1500), and is mounted in an ATX case with the side partially removed to improve airflow. Multiple cards in proximity would obviously result in higher temperatures.

This has been pointed out before, but middlecoin calculates moving average using your submitted shares. The US East server tends to reject fewer shares, resulting in my moving average showing up to 0.82 Mh/s when cgminer only reports 0.72.
falsealarm_bf
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January 11, 2014, 06:46:49 AM
 #5244

What temp you running that thing? Been trying to tune my rigs (290x) and they run hot as hell so I tune them down to keep them at around 85C. You get more than I do per rig.

My MSI R9 280X stays at 82c at 40% fan speed. It's using a small engine overclock (1020/1500 -> 1040/1500), and is mounted in an ATX case with the side partially removed to improve airflow. Multiple cards in proximity would obviously result in higher temperatures.

This has been pointed out before, but middlecoin calculates moving average using your submitted shares. The US East server tends to reject fewer shares, resulting in my moving average showing up to 0.82 Mh/s when cgminer only reports 0.72.

Not fair to compare 280Xs with 290Xs. Let alone the architecture difference, the cooling is significantly different between the two. We have a mix of 280X, 290s and 290Xs in our cluster and 280Xs no matter where you place them, in an open air case or a standard ATX, function significantly cooler with less power requirements and not so significantly less hashing power equaling greater efficiency.
petabytecoin
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January 11, 2014, 06:50:32 AM
 #5245

My 1.5 KH/s earns me about $20 a day here. The same power at LTC earns me $9. Seems legit to me.

Over the last 3 days I've got an average of ~0.0178 BTC per day. At today's rate that's ~$15/day, with 1.8Mh/s (about 1.3% rejects).
Would you mind sharing your address? I would like to see the difference in the patterns, if any?

Short periods of time, especially with lower hashpower, can be highly variable. I think most people are seeing more like 0.01 per day per Mhash. I know I am. For the last few days middlecoin has been ~5% better than mining litecoin for me, which is disappointing compared to how it used it was during the peak of the dogecoin craze.
neofatalist
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January 11, 2014, 07:00:19 AM
 #5246

What temp you running that thing? Been trying to tune my rigs (290x) and they run hot as hell so I tune them down to keep them at around 85C. You get more than I do per rig.

My MSI R9 280X stays at 82c at 40% fan speed. It's using a small engine overclock (1020/1500 -> 1040/1500), and is mounted in an ATX case with the side partially removed to improve airflow. Multiple cards in proximity would obviously result in higher temperatures.

This has been pointed out before, but middlecoin calculates moving average using your submitted shares. The US East server tends to reject fewer shares, resulting in my moving average showing up to 0.82 Mh/s when cgminer only reports 0.72.

Interesting, might have to revisit my air flow solutions and stop underclocking. My fan runs at 45%. My WU seems to be higher in USEAST, maybe because it has the best ping for me.
neofatalist
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January 11, 2014, 07:03:40 AM
 #5247

What temp you running that thing? Been trying to tune my rigs (290x) and they run hot as hell so I tune them down to keep them at around 85C. You get more than I do per rig.

My MSI R9 280X stays at 82c at 40% fan speed. It's using a small engine overclock (1020/1500 -> 1040/1500), and is mounted in an ATX case with the side partially removed to improve airflow. Multiple cards in proximity would obviously result in higher temperatures.

This has been pointed out before, but middlecoin calculates moving average using your submitted shares. The US East server tends to reject fewer shares, resulting in my moving average showing up to 0.82 Mh/s when cgminer only reports 0.72.

Not fair to compare 280Xs with 290Xs. Let alone the architecture difference, the cooling is significantly different between the two. We have a mix of 280X, 290s and 290Xs in our cluster and 280Xs no matter where you place them, in an open air case or a standard ATX, function significantly cooler with less power requirements and not so significantly less hashing power equaling greater efficiency.


Think you are missing a word or two there somewhere.  Cheesy "We have a mix of 280X, 290s and 290Xs in our cluster and 280Xs no matter where you place them"

I have the reference design 290s, not sure if that makes any difference. Somewhat freaked out that reference designs only have 1 fan.

gsrcrxsi
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January 11, 2014, 08:04:10 AM
 #5248

Ok. Who the FUCK has that 700+ MH/s farm?

I mean Christ, that's ridiculous. And the hash power has been increasing over the last week. Is this a botnet or something? How else would it be possible to have that much power, AND a steady increase?
Forexperiments
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January 11, 2014, 08:09:02 AM
 #5249

Finally those unexchanged has been exchanged.  Grin
I was thinking the DOGE/LOT market would crash, instead it hasn't
No altcoin market has crashed after such huge amount of exchange
I find it a bit weird

Magliette ed adesivi Bitcoin e criptovalute, spedizione gratuita in Italia Grin
pindis
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January 11, 2014, 08:26:10 AM
 #5250

Finally those unexchanged has been exchanged.  Grin
I was thinking the DOGE/LOT market would crash, instead it hasn't
No altcoin market has crashed after such huge amount of exchange
I find it a bit weird
He probably bought up a lot on the markets and then resell at a higher value Cheesy (obvious joke is obvious). But yes it's nice to finally have gotten rid of the extreme amount. But I have a feeling that's how the future of middlecoin will be. Holding alot of coins.
bal3wolf
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January 11, 2014, 08:59:33 AM
Last edit: January 11, 2014, 09:14:21 AM by bal3wolf
 #5251

Finally those unexchanged has been exchanged.  Grin
I was thinking the DOGE/LOT market would crash, instead it hasn't
No altcoin market has crashed after such huge amount of exchange
I find it a bit weird
He probably bought up a lot on the markets and then resell at a higher value Cheesy (obvious joke is obvious). But yes it's nice to finally have gotten rid of the extreme amount. But I have a feeling that's how the future of middlecoin will be. Holding alot of coins.

value of them seemed to went way down also i had over 0.045 in unexchanged and with my 24hrs of mining over 0.020 daily and most my unexchanged gone i only got 0.03648230 as a payout thts pretty much 2 mining days of lost coins.  And im not blaming h20 just pools getting to big to keep being able to transfer the huge amount of coins we have and keep a good price on them.
SimonG
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January 11, 2014, 10:09:36 AM
 #5252

Ok. Who the FUCK has that 700+ MH/s farm?

I mean Christ, that's ridiculous. And the hash power has been increasing over the last week. Is this a botnet or something? How else would it be possible to have that much power, AND a steady increase?

It's a chinese "mining plant". They're using super-powerful chips which can mine BTC and LTC at same time. One chip can perfrom 84 KH/s peak performance and price is 65 USD.
If all 700 MH/s is coming from these computer chips it means this group of people has over 10 000+ and slowly increasing. 
aclass
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January 11, 2014, 10:35:01 AM
 #5253

stop posting BS
show us some proof that it's the chips


Ok. Who the FUCK has that 700+ MH/s farm?

I mean Christ, that's ridiculous. And the hash power has been increasing over the last week. Is this a botnet or something? How else would it be possible to have that much power, AND a steady increase?

It's a chinese "mining plant". They're using super-powerful chips which can mine BTC and LTC at same time. One chip can perfrom 84 KH/s peak performance and price is 65 USD.
If all 700 MH/s is coming from these computer chips it means this group of people has over 10 000+ and slowly increasing. 
SimonG
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January 11, 2014, 10:38:02 AM
 #5254

stop posting BS
show us some proof that it's the chips


Ok. Who the FUCK has that 700+ MH/s farm?

I mean Christ, that's ridiculous. And the hash power has been increasing over the last week. Is this a botnet or something? How else would it be possible to have that much power, AND a steady increase?

It's a chinese "mining plant". They're using super-powerful chips which can mine BTC and LTC at same time. One chip can perfrom 84 KH/s peak performance and price is 65 USD.
If all 700 MH/s is coming from these computer chips it means this group of people has over 10 000+ and slowly increasing. 

Search for user "sfire" idiot.
Prima Primat
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January 11, 2014, 11:08:40 AM
 #5255

It's SO OBVIOUS that H2O just stole a bunch of coins, but his plan is to let unexchanged build up a couple days so then even after he steals coins, people still thank him for big pay day. Your pay day should be much larger today if he didn't steal.

 That way nobody complains and he gets to steal coins too

For a scammer you're pretty fervent about accusing others of scamming. Just get the hell out of here already, troll.
corsaro
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January 11, 2014, 11:25:12 AM
Last edit: January 11, 2014, 11:39:33 AM by corsaro
 #5256

Ok. Who the FUCK has that 700+ MH/s farm?

I mean Christ, that's ridiculous. And the hash power has been increasing over the last week. Is this a botnet or something? How else would it be possible to have that much power, AND a steady increase?

It's a chinese "mining plant". They're using super-powerful chips which can mine BTC and LTC at same time. One chip can perfrom 84 KH/s peak performance and price is 65 USD.
If all 700 MH/s is coming from these computer chips it means this group of people has over 10 000+ and slowly increasing.  

so, making some calculations, these people paid probably around 650,000.00 USD for 10,000 units "Gridseed GC3355" (plus PCB engineering and assembling costs ) for having 600 Mh/s for LTC mining, and 22.5 Th/s for mining BTC ... Smiley

the famous chip  --> Gridseed GC3355 -Hybrid Scrypt/SHA256 ASIC https://bitcointalk.org/index.php?topic=355268.0

data sheets --> https://github.com/gridseed
Sophokles
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January 11, 2014, 12:23:52 PM
 #5257

Ok. Who the FUCK has that 700+ MH/s farm?

I mean Christ, that's ridiculous. And the hash power has been increasing over the last week. Is this a botnet or something? How else would it be possible to have that much power, AND a steady increase?

It's a chinese "mining plant". They're using super-powerful chips which can mine BTC and LTC at same time. One chip can perfrom 84 KH/s peak performance and price is 65 USD.
If all 700 MH/s is coming from these computer chips it means this group of people has over 10 000+ and slowly increasing.  

so, making some calculations, these people paid probably around 650,000.00 USD for 10,000 units "Gridseed GC3355" (plus PCB engineering and assembling costs ) for having 600 Mh/s for LTC mining, and 22.5 Th/s for mining BTC ... Smiley

the famous chip  --> Gridseed GC3355 -Hybrid Scrypt/SHA256 ASIC https://bitcointalk.org/index.php?topic=355268.0

data sheets --> https://github.com/gridseed

65 USD ist the price for evaluation samples. They probably got them a lot cheaper in bulk.
gtraah
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January 11, 2014, 12:24:47 PM
 #5258

guys something is wrong here my has speed is decreasing in CGMINER it was running fine untill I changed the setting and it was running ESTREE+MELY WELL FOR AN 1 HOUR THen all of a sudden it dropped  30-70 KH each card

thats not right anyone know what the issue mayb?
It was going oFFFFFFFFFFFF fofr awhile now Sad faces all round ,,,whats the go ?? is any fining  somethin similar

by the way if your thinking - ys i did change the settings back to normal but still the speed is  slow
jedimstr
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January 11, 2014, 12:31:54 PM
 #5259

Ok. Who the FUCK has that 700+ MH/s farm?

I mean Christ, that's ridiculous. And the hash power has been increasing over the last week. Is this a botnet or something? How else would it be possible to have that much power, AND a steady increase?

It's a chinese "mining plant". They're using super-powerful chips which can mine BTC and LTC at same time. One chip can perfrom 84 KH/s peak performance and price is 65 USD.
If all 700 MH/s is coming from these computer chips it means this group of people has over 10 000+ and slowly increasing.  

so, making some calculations, these people paid probably around 650,000.00 USD for 10,000 units "Gridseed GC3355" (plus PCB engineering and assembling costs ) for having 600 Mh/s for LTC mining, and 22.5 Th/s for mining BTC ... Smiley

the famous chip  --> Gridseed GC3355 -Hybrid Scrypt/SHA256 ASIC https://bitcointalk.org/index.php?topic=355268.0

data sheets --> https://github.com/gridseed

65 USD ist the price for evaluation samples. They probably got them a lot cheaper in bulk.

Then again, they might not be a customer but Gridseed themselves "testing".  Gridseed = sfire?FUD for thought.

I could have sworn that sfire said their mining farm was actually GPUs and not the Gridseed chips.  They were just posting about Gridseed and the debut of the chip in China.  Gotta look back in the thread and search...  He mentioned they actually have over 2000 Mhs and he argued with his partner over using Middlecoin so only moved 500 Mhs at the time and slowly switched over more (which is why you see them still growing at over 700 now).  So they're not really adding that much more new miners daily, just switching mining rigs from whatever they were mining before (maybe solo LTC) to Middlecoin. Maybe sfire can post again and clarify.

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January 11, 2014, 12:43:02 PM
 #5260

Wow, massive jump on the graph for BTC balance yesterday. What happened there?

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