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

[phzi]

Tealover is a prime example of someone who jumped off a ship, swam to another ship, and is butthurt that he isn't making the same profits.  If Tealover was actually mining on another pool and making great profits, you can be sure he wouldn't be trolling in this thread like a maniac.  I would suggest that he's a shill for another up-coming auto-switching auto-trading pool, but I am pretty sure he doesn't have enough brains for that.

SimonG: LOLOLOLOLOL.  You are very funny.

Tealover: seriously, newb... nobody cares if you have his contact information.  Congratulations?  What did you PM him anyway?  A ransom demand, huh?  Why are you so butt hurt?

I'm pretty sure you have him pegged lol trying to blackmail. I've been paid my dues from this pool several times and don't really care who h20 is as long as I get paid. If I don't get paid its simple just stop mining at the pool.

I'm not saying he's going to take 1 big scam run and stop paying.
I'm saying he is definitely taking more than the 3.4% fee he says. More like 8-10% fee. Small enough for you to not really notice, but big enough for him to go from $4,000/day profit to $10,000/day profit.

1. You have no proof, so STFU
2. What are you expecting him to say to you?  You said if he didn't meet your demand within a day, you'd release his info... so:
3. Are you trying to blackmail him?

[ButterBread]

All this aside I doubt he's taking more then what he says he is.  It just doesn't make sense.  It would be like butchering the goose that lays golden eggs.

Not butchering, because who would know?

General opinion seems to be : we can't know so why worry.

[Dead2]

So if you mine on middlecoin and like to interpret graphs; take a look at http://middlestats.circlestorm.org/

The only thing you missed are some wallet adresses for donations

Already on the bottom of every stats page, or are you missing altcoin addresses?

I fully don't expect to make anything on this, but it certainly would be inspiring to see people like it enough to actually go to the step of donating anything (seriously, most people would instinctively rather get a physical injury than part with real money, I wonder whether this holds true for "virtual" money).

[Vitalogy]

Hey, so auto payout for >0.01BTC occurs once a week, right?

My balance is >0.0069 and has been sitting there for 2 days past the 1 week threshold.

I see that H2O logs in everyday, however, I have no response form him via PM.

You probably meant "...for >0.001BTC occurs once a week".

I have the same problem. My balance is 0.00527296, my last payout was on Jan. 2. Do you need to be active to get paid??

I stoppped to mine here because of the lack of confidence I have in H2O. I actually don't think that he is a scammer, but I have the feeling that he is overwhelmed by the scale of the task. He don't have the skills to manage everything.

[Dead2]

So if you mine on middlecoin and like to interpret graphs; take a look at http://middlestats.circlestorm.org/

so from what I understand, the change in wealth graph should track how efficient the trading algorithm is, right?

In a perfect world this would be true yes.
If you stopped mining, the graph would show an even 0 if unexchanged coins were being sold at the expected value.
If the graph were to go positive it would mean the coins have been sold above expected price. The inverse is true for negative values.

I practice it will likely be hard to interpret this graph. But (I hope) it will be much more interesting once the prediction graphing is enabled, since
it will allow you to easily see whether it follow the usual (historical) patterns or suddenly deviates from the norm (a deviation would not necessarily mean something is wrong though).

[BoeserKeller]

So if you mine on middlecoin and like to interpret graphs; take a look at http://middlestats.circlestorm.org/

The only thing you missed are some wallet adresses for donations

Already on the bottom of every stats page, or are you missing altcoin addresses?

I fully don't expect to make anything on this, but it certainly would be inspiring to see people like it enough to actually go to the step of donating anything (seriously, most people would instinctively rather get a physical injury than part with real money, I wonder whether this holds true for "virtual" money).

Oh, didnt see that because I would've had to scroll down - which I didnt because the end of the page was empty  (who looks at the scrollbar anyway ... )
Just one question, is the "change in accumulated wealth" an hourly value? E.g. if the value was at 0.005BTC steadily over 24h I could assume, that I get 0.005*24=0.12BTC/day ?

[r2vape]

Hey, so auto payout for >0.01BTC occurs once a week, right?

My balance is >0.0069 and has been sitting there for 2 days past the 1 week threshold.

I see that H2O logs in everyday, however, I have no response form him via PM.

You probably meant "...for >0.001BTC occurs once a week".

I have the same problem. My balance is 0.00527296, my last payout was on Jan. 2. Do you need to be active to get paid??

I stoppped to mine here because of the lack of confidence I have in H2O. I actually don't think that he is a scammer, but I have the feeling that he is overwhelmed by the scale of the task. He don't have the skills to manage everything.

I have had no issue with 24hr payouts at the same time every day for the past few weeks when using Middlecoin (I hop around to new launches to get a piece of pie on young coins).

The limits on min. withdrawals/payouts are there for a reason, you are not hashing enough to get a daily payout so you fall into the very small miner category that is not fussed over such small amounts I am guessing - but evidently, appears this is big money 

Mining about $5 over more than 2 days is not worth it as you end up paying large portions in transaction fees in order to move you nanoBTC around.

[Dead2]

Just one question, is the "change in accumulated wealth" an hourly value? E.g. if the value was at 0.005BTC steadily over 24h I could assume, that I get 0.005*24=0.12BTC/day ?

Due to the way I obtain the data (not in sync with the actual generation of statistics), this value is per-update.
Currently I poll for new updates every 15min, but sometimes there are no changes, this means that the change would possibly be double for the next update.

Also I am a bit unsure whether the actual numbers on that graph are correct, they need to be verified manually before I can be 100% sure (there might be a decimal-point error, but is _seems_ correct). However the general pattern will be correct.

[knybe]

People complain about communication, a twitter is linked to the frontpage including an explanation for the current issue -> Problem solved

thank god! don't have to come in here anymore.

[duz]

So if you mine on middlecoin and like to interpret graphs; take a look at http://middlestats.circlestorm.org/

so from what I understand, the change in wealth graph should track how efficient the trading algorithm is, right?

In a perfect world this would be true yes.
If you stopped mining, the graph would show an even 0 if unexchanged coins were being sold at the expected value.
If the graph were to go positive it would mean the coins have been sold above expected price. The inverse is true for negative values.

I practice it will likely be hard to interpret this graph. But (I hope) it will be much more interesting once the prediction graphing is enabled, since
it will allow you to easily see whether it follow the usual (historical) patterns or suddenly deviates from the norm (a deviation would not necessarily mean something is wrong though).

That is a fantastic statistic.. the fact that it appears to have been positive 90% of the time is a good sign

The only thing I can think would be maybe to have a % value somehow instead of a btc value, as the btc value will depend on the gross value of the pool (sorry if this doesn't make sense, it's before my coffee time)

[Dead2]

That is a fantastic statistic.. the fact that it appears to have been positive 90% of the time is a good sign

The only thing I can think would be maybe to have a % value somehow instead of a btc value, as the btc value will depend on the gross value of the pool (sorry if this doesn't make sense, it's before my coffee time)

Remember that the graph _should_ always be positive while mining, since you keep adding value. If it goes negative, that means coins were exchanged below the _currently_ (not previously) expected value.

Percentage is doable, but I wonder whether it would actually be of any use. Since the percentage would drop over time since you accumulate "paid". (paid has to be considered in the graph since it would otherwise show a huge drop on every payout)

I do have a few ideas for future experimentation, when time allows. (and there are also a few things I dropped after seeing how useless they are in the real world)

[jayprime22]

So have we lost all our hash power today or did the mining stats just loose track of them? Hopefully our payouts aren't affected right?

[the_unholy_grail]

So have we lost all our hash power today or did the mining stats just loose track of them? Hopefully our payouts aren't affected right?

Well at the moment it looks like we lost all of today's mining which would be a shame, hopefully this is just the delay in the database.

[RickJamesBTC]

So have we lost all our hash power today or did the mining stats just loose track of them? Hopefully our payouts aren't affected right?

Well at the moment it looks like we lost all of today's mining which would be a shame, hopefully this is just the delay in the database.

What's lost? My unexchanged jumped WAY up. Draw a line across the top of the points, it's where it should be.

[hodger]

So have we lost all our hash power today or did the mining stats just loose track of them? Hopefully our payouts aren't affected right?

Well at the moment it looks like we lost all of today's mining which would be a shame, hopefully this is just the delay in the database.

What's lost? My unexchanged jumped WAY up. Draw a line across the top of the points, it's where it should be.

ditto for me...If anything my broken graph unexchanged balance has curved up a bit.

[petabytecoin]

IMPORTANT UPDATE

Somebody has PMed me H2O's personal details including name, home address, where he went to college, a picture of him, and more details on him.

He works as a video game programmer and he plays lots of MMORPG video games. He is 32 years old and lives in California (ANOTHER LIE, he told us he lives in the midwest) His name is Eric. I won't give his last name yet.

This pool is NOT his "full time job" like he said. HE LIED TO YOU ALL. 1 LIE MEANS YOU SHOULDN'T TRUST HIM ANYMORE. He has a full-time job as a video game programmer.

1 quote from H2O on a different website recently is "Video games are pretty much my life right now."

I have sent him a PM to try to work things out. I will give him 24 hours to reply before taking further action.

Jesus Christ lighten up. if he has a full time job that explains the lack of information.... Stop being a jealous douche and spend some time off the internet! You seem like the kind of person who could really use it.

He told us that running THIS pool was his full time job. H2O is full of lies. The house of cards is about to fall.

Oh because a load of information you got from a random guy on the internet is going to be correct XD Even if it is true everyone lies everyday Hell i know i would to a bunch of random people ive never met and complain a lot if it made my life easier

The personal details they sent me have been verified as accurate. They were very easy to find actually and will be released if H2O doesn't reply to my private message within 24 hours. He just logged in and didn't reply, so I already think he won't reply to me in the future either.

This pool is NOT his "full time job" like he said. HE LIED TO YOU ALL. 1 LIE MEANS YOU SHOULDN'T TRUST HIM ANYMORE. He has a full-time job as a video game programmer.

1 LIE MEANS YOU SHOULDN'T TRUST HIM ANYMORE

https://i.imgur.com/vrVEeEa.png

does anyone else find this as amusing as I do?

I think it's amusing that some people think that just because tealover is/was a scammer means that he should be automatically ignored. It's just one more thing to take into consideration when evaluating his arguments.

Over the last several days, I have split my miners and middlecoin has underperformed other pools. This doesn't mean h20 is scamming us necessarily, but I keep an open mind and try to view arguments on their merits, regardless of who is arguing them.

FWIW I don't think h20 is so foolish as to jeopardize his reputation as it's more profitable to run a pool honestly in the long term than kill to the golden goose.

[petabytecoin]

IMPORTANT UPDATE

Somebody has PMed me H2O's personal details including name, home address, where he went to college, a picture of him, and more details on him.

He works as a video game programmer and he plays lots of MMORPG video games. He is 32 years old and lives in California (ANOTHER LIE, he told us he lives in the midwest) His name is Eric. I won't give his last name yet.

This pool is NOT his "full time job" like he said. HE LIED TO YOU ALL. 1 LIE MEANS YOU SHOULDN'T TRUST HIM ANYMORE. He has a full-time job as a video game programmer.

1 quote from H2O on a different website recently is "Video games are pretty much my life right now."

I have sent him a PM to try to work things out. I will give him 24 hours to reply before taking further action.

Jesus Christ lighten up. if he has a full time job that explains the lack of information.... Stop being a jealous douche and spend some time off the internet! You seem like the kind of person who could really use it.

He told us that running THIS pool was his full time job. H2O is full of lies. The house of cards is about to fall.

Oh because a load of information you got from a random guy on the internet is going to be correct XD Even if it is true everyone lies everyday Hell i know i would to a bunch of random people ive never met and complain a lot if it made my life easier

The personal details they sent me have been verified as accurate. They were very easy to find actually and will be released if H2O doesn't reply to my private message within 24 hours. He just logged in and didn't reply, so I already think he won't reply to me in the future either.

Why dont you release your personal details aswell? You obviously wont have anything to hide and of course if anyone found you had to 1 lie we should ignore you. After all "1 LIE MEANS YOU SHOULDN'T TRUST HIM ANYMORE." Dont be a douche and share someones personal infomation because the key word there is personal. Why not move to another pool and stop stressing out? Life isnt all about a computer you know!

I agree with this, it's really douche-y to threaten/blackmail h20 like this.

[jayprime22]

When I was asking about today's payouts I didn't have unexchanged in mind too bad

Yesterday I had a payout of .05 with no dumps in unexchanged. This is bearable but subpar for 6.5mh/s

Now today I'm showing 0.0148? That sucks.

[Vitalogy]

Hey, so auto payout for >0.01BTC occurs once a week, right?

My balance is >0.0069 and has been sitting there for 2 days past the 1 week threshold.

I see that H2O logs in everyday, however, I have no response form him via PM.

You probably meant "...for >0.001BTC occurs once a week".

I have the same problem. My balance is 0.00527296, my last payout was on Jan. 2. Do you need to be active to get paid??

I stoppped to mine here because of the lack of confidence I have in H2O. I actually don't think that he is a scammer, but I have the feeling that he is overwhelmed by the scale of the task. He don't have the skills to manage everything.

Honestly it surprised me but H2O just replied to my PM!

If it can help someone else, here its answer:

"There is a flaw in the code that checks if you should be paid out. I'll have it corrected at some point, but expect your bitcoins on wednesday."

[noegzit]

When I was asking about today's payouts I didn't have unexchanged in mind too bad

Yesterday I had a payout of .05 with no dumps in unexchanged. This is bearable but subpar for 6.5mh/s

Now today I'm showing 0.0148? That sucks.

Maybe you could wait the next payout (or even the next 2 payouts) before complaining?