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

[ButterBread]

just wanted to point out this rock has kept my house and family safe from tigers for close to a decade.  

And it is pretty good at predicting the weather too!
If it's wet it's likely to rain tomorrow, if it's warm it will probably be hot tomorrow.

[FrankieSaysRelax]

The chinamen was speaking of 4mh he had. Yes, that would lead to a decrease in earnings. Now, if 3 or 4 others decide to have the same idea they will learn what this chinamen learned - the margins are only profitable under specific circumstances and that is met when hashing power < opportunity. Once you have more hashing power than the opportunity for it, you are left with coins you must dump below market value - that makes it less profitable for everyone. Why do you think the guy left? He realized that in such a small market like alt coin arbitrage, he is his own worse enemy with that much hash power.

you do realize 'chinamen' makes you sound as uneducated as if you still called people 'negroes'.

and you realize that if you add 4mh to the pie, the pie gets 4mh bigger.  it's not a finite pie from inside the pool. 

The term has no negative connotations in older dictionaries. This is just some myth substantiated by neo-liberals and such looking to eliminate distinctions between peoples.

The pie doesn't get bigger. There is limited buyers of coins. If you flood the market with sales for those coins, the price goes down and everyone makes less. This isn't multi-variable calculus here. The amount of people willing to trade you BTC for alt coins and the price they are willing to trade it at is determined by supply/demand. There is 0 point in arguing that fact. If this wasn't the case, he wouldn't have left.

[kalus]

just wanted to point out this rock has kept my house and family safe from tigers for close to a decade.  

And it is pretty good at predicting the weather too!
If it's wet it's likely to rain tomorrow, if it's warm it will probably be hot tomorrow.

actually, the rock controls the weather.  _{i'm actually not supposed to look directly at it for some reason.} 

[kalus]

The chinamen was speaking of 4mh he had. Yes, that would lead to a decrease in earnings. Now, if 3 or 4 others decide to have the same idea they will learn what this chinamen learned - the margins are only profitable under specific circumstances and that is met when hashing power < opportunity. Once you have more hashing power than the opportunity for it, you are left with coins you must dump below market value - that makes it less profitable for everyone. Why do you think the guy left? He realized that in such a small market like alt coin arbitrage, he is his own worse enemy with that much hash power.

you do realize 'chinamen' makes you sound as uneducated as if you still called people 'negroes'.

The term has no negative connotations in older dictionaries. This is just some myth substantiated by neo-liberals and such looking to eliminate distinctions between peoples.

I think i know where you're coming from. 

welcome to 2014.

[MysteryX]

My setups don't like Middlecoin, threw 17mh/s at this pool again, reported way less hashrate, high rejects, and less payment than mining LTC.

[ButterBread]

just wanted to point out this rock has kept my house and family safe from tigers for close to a decade.  

And it is pretty good at predicting the weather too!
If it's wet it's likely to rain tomorrow, if it's warm it will probably be hot tomorrow.

actually, the rock controls the weather.  _{i'm actually not supposed to look directly at it for some reason.} 

For the love of god, take good care of it then!

[okimzti]

My setups don't like Middlecoin, threw 17mh/s at this pool again, reported way less hashrate, high rejects, and less payment than mining LTC.

use eu.middlecoin.com:3333

This has been said 100x

[kalus]

just wanted to point out this rock has kept my house and family safe from tigers for close to a decade.  

And it is pretty good at predicting the weather too!
If it's wet it's likely to rain tomorrow, if it's warm it will probably be hot tomorrow.

actually, the rock controls the weather.  _{i'm actually not supposed to look directly at it for some reason.} 

For the love of god, take good care of it then!

quite the opposite:  the rock has been taking good care of us.  no tigers ever, but once a seagull pooped on the rock and we had a car crash a week later. 

[ButterBread]

just wanted to point out this rock has kept my house and family safe from tigers for close to a decade.  

And it is pretty good at predicting the weather too!
If it's wet it's likely to rain tomorrow, if it's warm it will probably be hot tomorrow.

actually, the rock controls the weather.  _{i'm actually not supposed to look directly at it for some reason.} 

For the love of god, take good care of it then!

quite the opposite:  the rock has been taking good care of us.  no tigers ever, but once a seagull pooped on the rock and we had a car crash a week later. 

OMG, I've seen a seagull poop on a rock once and some cars did crash around that time period!
Just when you think you got this crazy universe all figured out...

[Airwhale]

The chinamen was speaking of 4mh he had. Yes, that would lead to a decrease in earnings. Now, if 3 or 4 others decide to have the same idea they will learn what this chinamen learned - the margins are only profitable under specific circumstances and that is met when hashing power < opportunity. Once you have more hashing power than the opportunity for it, you are left with coins you must dump below market value - that makes it less profitable for everyone. Why do you think the guy left? He realized that in such a small market like alt coin arbitrage, he is his own worse enemy with that much hash power.

you do realize 'chinamen' makes you sound as uneducated as if you still called people 'negroes'.

The term has no negative connotations in older dictionaries. This is just some myth substantiated by neo-liberals and such looking to eliminate distinctions between peoples.

I think i know where you're coming from.  

welcome to 2014.

Heck... welcome to the 1990s.  I seriously have not heard anyone use that term in twenty years.  I encourage you to find an english speaking friend of chinese decent,  and have him explain why that term is awful.   While you are at it,  you can ask him about the term oriental,  which is almost as awful and comes from the sameish timeframe and is also associated with imperialism.  

Anyway... back on topic,  has anyone tried switchercoin? How does the profit between the two pools differ?  Any thoughts on why middlecoin might be better,  aside from it giving payouts in bitcoin?

[Biggen]

I welcome the chinaman back. Id love to see his setup actually.

And like another said, my balance today is already equal to my payout yesterday. Pool is rocking along great.

[Aaroenz0r]

lol my unexchanged is almost my yesterday's full payout

[noegzit]

I welcome the chinaman back. Id love to see his setup actually.

And like another said, my balance today is already equal to my payout yesterday. Pool is rocking along great.

Doge took +50% in 2 days.

If we had a lot of Doge in our unexchanged balance and if these coins have been traded today it could be an explanation.

Remember 2 days ago : low payout / high unexchanged...

[Catswold]

The chinamen was speaking of 4mh he had. Yes, that would lead to a decrease in earnings. Now, if 3 or 4 others decide to have the same idea they will learn what this chinamen learned - the margins are only profitable under specific circumstances and that is met when hashing power < opportunity. Once you have more hashing power than the opportunity for it, you are left with coins you must dump below market value - that makes it less profitable for everyone. Why do you think the guy left? He realized that in such a small market like alt coin arbitrage, he is his own worse enemy with that much hash power.

you do realize 'chinamen' makes you sound as uneducated as if you still called people 'negroes'.

The term has no negative connotations in older dictionaries. This is just some myth substantiated by neo-liberals and such looking to eliminate distinctions between peoples.

I think i know where you're coming from.  

welcome to 2014.

Heck... welcome to the 1990s.  I seriously have not heard anyone use that term in twenty years.  I encourage you to find an english speaking friend of chinese decent,  and have him explain why that term is awful.   While you are at it,  you can ask him about the term oriental,  which is almost as awful and comes from the sameish timeframe and is also associated with imperialism.  

Anyway... back on topic,  has anyone tried switchercoin? How does the profit between the two pools differ?  Any thoughts on why middlecoin might be better,  aside from it giving payouts in bitcoin?

Against my better judgement, I'm simply going to say, it gets really tiresome having to worry about what somebody else thinks is offensive.

-- Using "you" in the generic sense -- The world is not your pearl, you have no right not to be offended, and if you are, then it says a heck of a lot more about you than it does the person from whose action or words you take offense.

Political correctness is destroying this world.  Everyone takes offense at everything so the truth can't be stated.  If you can't speak about a problem and it's causes, then you will never solve it.  It is nothing more than censorship.

Now back to mining.

[MrJoshwaa]

Political correctness is destroying this world.  Everyone takes offense at everything so the truth can't be stated.  If you can't speak about a problem and it's causes, then you will never solve it.  It is nothing more than censorship.

Now back to mining.

amen to that brother, well said.

[Catswold]

Political correctness is destroying this world.  Everyone takes offense at everything so the truth can't be stated.  If you can't speak about a problem and it's causes, then you will never solve it.  It is nothing more than censorship.

Now back to mining.

amen to that brother, well said.

Students should have to do intensive study of Orwell's 1984.  We are seeing it put into action everyday in the West.

[webbson]

On startup or while it was running? If it's "only" a VRAM ripple capacitor that blew, then you might be able to still run the card fine :]
On topic - Payout looks to be good today (or at least in-line with current exchange rates), however, my rejects have been up quite a bit in the past 12 hours or so...
I don't see too many others around me with similar issues, so most likely it's a latency thing
Edit: and now they're trending back down... guess the issue resolved iteself

The computer shut down. Then sparks flew when I started it.

[bitter_miner]

The chinamen was speaking of 4mh he had. Yes, that would lead to a decrease in earnings. Now, if 3 or 4 others decide to have the same idea they will learn what this chinamen learned - the margins are only profitable under specific circumstances and that is met when hashing power < opportunity. Once you have more hashing power than the opportunity for it, you are left with coins you must dump below market value - that makes it less profitable for everyone. Why do you think the guy left? He realized that in such a small market like alt coin arbitrage, he is his own worse enemy with that much hash power.

you do realize 'chinamen' makes you sound as uneducated as if you still called people 'negroes'.

The term has no negative connotations in older dictionaries. This is just some myth substantiated by neo-liberals and such looking to eliminate distinctions between peoples.

I think i know where you're coming from.  

welcome to 2014.

Heck... welcome to the 1990s.  I seriously have not heard anyone use that term in twenty years.  I encourage you to find an english speaking friend of chinese decent,  and have him explain why that term is awful.   While you are at it,  you can ask him about the term oriental,  which is almost as awful and comes from the sameish timeframe and is also associated with imperialism.  

Anyway... back on topic,  has anyone tried switchercoin? How does the profit between the two pools differ?  Any thoughts on why middlecoin might be better,  aside from it giving payouts in bitcoin?

Against my better judgement, I'm simply going to say, it gets really tiresome having to worry about what somebody else thinks is offensive.

-- Using "you" in the generic sense -- The world is not your pearl, you have no right not to be offended, and if you are, then it says a heck of a lot more about you than it does the person from whose action or words you take offense.

Political correctness is destroying this world.  Everyone takes offense at everything so the truth can't be stated.  If you can't speak about a problem and it's causes, then you will never solve it.  It is nothing more than censorship.

Now back to mining.

it's a matter of respect.. by that sentiment, respective is destroying the world.. you're able to voice your opinion, hence no censorship.. ignorance, however, could be considered a contributing factor to "destroying the world"..

http://www.merriam-webster.com/dictionary/liberal
marked by generosity :  openhanded

[kalus]

Against my better judgement, I'm simply going to say, it gets really tiresome having to worry about what somebody else thinks is offensive.

-- Using "you" in the generic sense -- The world is not your pearl, you have no right not to be offended, and if you are, then it says a heck of a lot more about you than it does the person from whose action or words you take offense.

i merely pointed out that to use words like that was to portray himself as uneducated.

who said they're offended?  You're the first person to claim offense. You're fighting a strawman.

[interupted]

This is the Middlecoin Thread, can we get back to talking about that?