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

[karolina]

Also, people seem to forget that Scrypt ASICs allow for more expandability for miners like me, with 11 rigs. I have no room left, I'd be tripping breakers, and too much heat is being generated.

Scrypt ASICs would solve all these problems for me.

So that argument about X number of 280x's costing XXX dollars, isn't totally relevant when trying to compare to ASICs, which can allow much more hashing, with much less power consumption, and much less heat being generated, and taking up a much smaller footprint.

Also applies to people who live in smaller apartments. Suddenly instead of having enough circuits to allow going from 5 MH/s, to being able to power four X 25 MH/s ASICs, will make a huge difference.

[CaptainBeck]

Are the stats all updating fine ?

Had 1 rig down earlier today. Its been back up for over 3 hours on Middlecoin, but chart doesn't show the extra 2.3Mhash.

http://www.middlecoin.com/reports/1DzYCyX97H8sDRq5aHSXpDdJjNAertxbc4.html

CGWatcher confirms >3 hours on this pool

No your chart is not updated.

Was last updated at 16:56 UTC So several hours ago.

Sorry, yes, just noticed that. Main stats page is up to date but looks likes some users stats are not!

Yeah saying that, mine also isnt up to date either but i know its running.

[ButterBread]

Yeah saying that, mine also isnt up to date either but i know its running.

Running from what?

[CaptainBeck]

Yeah saying that, mine also isnt up to date either but i know its running.

Running from what?

Their past.... They had a troubled up bring, born on the wrong side of the hash!

[ButterBread]

Yeah saying that, mine also isnt up to date either but i know its running.

Running from what?

Their past.... They had a troubled up bring, born on the wrong side of the hash!

So sad, running with all that bagage.. Good thing it's not up for dating.

[Kluge]

h2o, are you adding the crappy and useless merged-mine Scrypt coins like United Scrypt Coins? No obvious drawback, possibly no reward, but possibly a nice bonus every now and then if one of them gains a following. Dumping hashpower on them may increase credibility among idiots.

[zneww]

Also, people seem to forget that Scrypt ASICs allow for more expandability for miners like me, with 11 rigs. I have no room left, I'd be tripping breakers, and too much heat is being generated.

Scrypt ASICs would solve all these problems for me.

So that argument about X number of 280x's costing XXX dollars, isn't totally relevant when trying to compare to ASICs, which can allow much more hashing, with much less power consumption, and much less heat being generated, and taking up a much smaller footprint.

Also applies to people who live in smaller apartments. Suddenly instead of having enough circuits to allow going from 5 MH/s, to being able to power four X 25 MH/s ASICs, will make a huge difference.

And then there is EVERYONE else. That dont have 11 rigs. That have 1-4 GPUs. lol Feel sorry for the guy with 11 rigs. bring asic so he can rape everyone more then he is now.


EDIT:

Also applies to people who live in smaller apartments.

buy a fucking house.

[Catswold]

Yeah saying that, mine also isnt up to date either but i know its running.

Running from what?

Their past.... They had a troubled up bring, born on the wrong side of the hash!

The were addicted to hash???  Oh my!

[karolina]

I don't know about you, but I'm not concerned about Scrypt ASIC's rendering my GPU's obsolete for mining. I'm sure there will be something new to mine anyway.

And what's with the spiteful reply? lol, bunch of kids on here full of hate... seriously.


...and I have a house....

I can also say the same to you.. Instead of buying a "fuckin house". Buy some more "fucking" rigs, or stop complaining like a child.

[rusto]

Is a 5-6% reject ratio normal for middlecoin? Or do I need to tweak my config?

[zneww]

I don't know about you, but I'm not concerned about Scrypt ASIC's rendering my GPU's obsolete for mining. I'm sure there will be something new to mine anyway.

And what's with the spiteful reply? lol, bunch of kids on here full of hate... seriously.


...and I have a house....

That would be because you have 11 rigs. Sure you have a shit ton of hash cool. but once scypt acis come out. normal people will become obsolete. Like mining bitcoins is now. like it has been said a million times before. Some people don't have a house payment to put out on mining rigs. Its like rich people telling poor people how slow there new Maserati is.

[karolina]

I don't know about you, but I'm not concerned about Scrypt ASIC's rendering my GPU's obsolete for mining. I'm sure there will be something new to mine anyway.

And what's with the spiteful reply? lol, bunch of kids on here full of hate... seriously.


...and I have a house....

That would be because you have 11 rigs. Sure you have a shit ton of hash cool. but once scypt acis come out. normal people will become obsolete. Like mining bitcoins is now. like it has been said a million times before. Some people don't have a house payment to put out on mining rigs.

I'm not trying to offend you, but if you can't deal with the competitive nature of this business, then it's not for you.

Also, like I said, I wouldn't worry about GPU's becoming obsolete. Quark for example, with the right software, can be mined with a GPU. I'm sure there will be many others. I could be wrong, but in my opinion there is currently too much vested interest here to just let this all die away.

[dablanket]

Is a 5-6% reject ratio normal for middlecoin? Or do I need to tweak my config?

tweak for lower intensity eg: I 18

[zneww]

I don't know about you, but I'm not concerned about Scrypt ASIC's rendering my GPU's obsolete for mining. I'm sure there will be something new to mine anyway.

And what's with the spiteful reply? lol, bunch of kids on here full of hate... seriously.


...and I have a house....

That would be because you have 11 rigs. Sure you have a shit ton of hash cool. but once scypt acis come out. normal people will become obsolete. Like mining bitcoins is now. like it has been said a million times before. Some people don't have a house payment to put out on mining rigs.

I'm not trying to offend you, but if you can't deal with the competitive nature of this business, then it's not for you.

Also, like I said, I wouldn't worry about GPU's becoming obsolete. Quark for example, with the right software, can be mined with a GPU. I'm sure there will be many others. I could be wrong, but in my opinion there is currently too much vested interest here to just let this all die away.

The competitive nature? You start your 11 rigs and go do whatever you do. Then have H20 do the work for you. Oh hey, bitcoin in my wallet. Competitive nature. ha.

[Biggen]

I also have a farm. 8 rigs with 4 gpus each. But I welcome asics. Ive already made my money back. Id love to sell off my GPUs and replace them with power savings asics.

But this aint happening anytime soon. We are a long way from stable asic hardware at a good price/performance point. Several gens out im afraid.

[karolina]

I don't know about you, but I'm not concerned about Scrypt ASIC's rendering my GPU's obsolete for mining. I'm sure there will be something new to mine anyway.

And what's with the spiteful reply? lol, bunch of kids on here full of hate... seriously.


...and I have a house....

That would be because you have 11 rigs. Sure you have a shit ton of hash cool. but once scypt acis come out. normal people will become obsolete. Like mining bitcoins is now. like it has been said a million times before. Some people don't have a house payment to put out on mining rigs.

I'm not trying to offend you, but if you can't deal with the competitive nature of this business, then it's not for you.

Also, like I said, I wouldn't worry about GPU's becoming obsolete. Quark for example, with the right software, can be mined with a GPU. I'm sure there will be many others. I could be wrong, but in my opinion there is currently too much vested interest here to just let this all die away.

The competitive nature? You start your 11 rigs and go do whatever you do. Then have H20 do the work for you. Oh hey, bitcoin in my wallet. Competitive nature. ha.

How is it not competitive? Do you know what competitive means? lol, whoever has more hash power, earns more coins. It's that simple. If there was no competition, nobody would need ASICs or GPU's. Satoshi would be happily mining away with a few CPU's.

[krisj]

if you don't see that you still get a significantly higher hash rate with GPU for the price of the ASIC Scrypt I don't know what to say.
Power usage savings of even 1k watts, is minimal considering the much higher hash output.

Do the math please, then really let it sink in.

I appreciate your condescension.  Let me reciprocate it.

The cost of the 3MH/s model is 11190 Chinese Yuan, or $1849.19 according to the supplier’s website.
That is currently $0.61/kH

Let’s just say you can get 280X’s left and right for $300 because you are a fucking wicked smooth barterer.  You also get 800kH/s on each card because you are a configuration specialist.  So just for the cards, you are paying $0.375/kH.  Let’s not even factor in electricity or other components you need for your rig as we all have closets full of spare computer parts to build endless rigs.  You are getting a 40% discount on hashing power with GPUs compared to an ASIC.

Thankfully, you don’t have to worry about ASICs becoming more powerful and more affordable.  That never happened with Bitcoin right?  That’s why after ASICs came out last year, they were continually outperformed by GPUs.  Oh what’s that?  That shit didn’t happen?  No fucking shit dumbass.

If there is a chip that is producing 300kH/s right now, then there will be a Scrypt ASIC chip this year that will make GPU mining ineffective for Scrypt just as last year it became ineffective for SHA256.

You can have this lesson for free.  Next time you think your math is great, you should think a little more progressively and stop being short-sighted.

1. there's no scrypt chip producing 300kH/s
2. how much ram does sha256 mining need - almost 0
3. how much ram does scrypt mining need - shitload
4. is fast ram cheap? n0pe
5. can asic scrypt miners be as good as asic sha256 miners? (thousands time faster?) - N0PE , unless you can get 1000GB (ultra fast ddr5) cheap ram
6. can u stop telling bullshits? i guss so

Scrypt ASIC may evolve in future. But the current one in the market is 2X expensive than GPUs and it consumes 66.67% power and emits 66.67% heat.

The ASIC is little better in power and heat efficiency, but it is an expensive peace of crap from an unknown Chinese vendor, I will continue to buy GPUs until a reliable vendor come up with a better ASIC with considerably more hash rate and less energy consumption.

GPUs + mobo+ ram + hd+ cpu + watercooling are still cheaper than that ASIC. In addition there is a 2nd hand market for pc components.

[zneww]

I don't know about you, but I'm not concerned about Scrypt ASIC's rendering my GPU's obsolete for mining. I'm sure there will be something new to mine anyway.

And what's with the spiteful reply? lol, bunch of kids on here full of hate... seriously.


...and I have a house....

That would be because you have 11 rigs. Sure you have a shit ton of hash cool. but once scypt acis come out. normal people will become obsolete. Like mining bitcoins is now. like it has been said a million times before. Some people don't have a house payment to put out on mining rigs.

I'm not trying to offend you, but if you can't deal with the competitive nature of this business, then it's not for you.

Also, like I said, I wouldn't worry about GPU's becoming obsolete. Quark for example, with the right software, can be mined with a GPU. I'm sure there will be many others. I could be wrong, but in my opinion there is currently too much vested interest here to just let this all die away.

The competitive nature? You start your 11 rigs and go do whatever you do. Then have H20 do the work for you. Oh hey, bitcoin in my wallet. Competitive nature. ha.

How is it not competitive? Do you know what competitive means? lol, whoever has more hash power, earns more coins. It's that simple. If there was no competition, nobody would need ASICs or GPU's. Satoshi would be happily mining away with a few CPU's.

In competition you know your opponent is. Who are you battling? For what? No end prize. Mine until you don't want to. Who says how much or little you have to mine? Sorry but mining is not competitive in the sense I am talking.

[karolina]

I don't know about you, but I'm not concerned about Scrypt ASIC's rendering my GPU's obsolete for mining. I'm sure there will be something new to mine anyway.

And what's with the spiteful reply? lol, bunch of kids on here full of hate... seriously.


...and I have a house....

That would be because you have 11 rigs. Sure you have a shit ton of hash cool. but once scypt acis come out. normal people will become obsolete. Like mining bitcoins is now. like it has been said a million times before. Some people don't have a house payment to put out on mining rigs.

I'm not trying to offend you, but if you can't deal with the competitive nature of this business, then it's not for you.

Also, like I said, I wouldn't worry about GPU's becoming obsolete. Quark for example, with the right software, can be mined with a GPU. I'm sure there will be many others. I could be wrong, but in my opinion there is currently too much vested interest here to just let this all die away.

The competitive nature? You start your 11 rigs and go do whatever you do. Then have H20 do the work for you. Oh hey, bitcoin in my wallet. Competitive nature. ha.

How is it not competitive? Do you know what competitive means? lol, whoever has more hash power, earns more coins. It's that simple. If there was no competition, nobody would need ASICs or GPU's. Satoshi would be happily mining away with a few CPU's.

In competition you know your opponent. Who are you battling? For what? No end prize. Mine until you don't want to. Who says how much or little you have to mine? Sorry but mining is not competitive in the sense I am talking.

You don't make any sense kid..

[Biggen]

Sure wish H2o would give us an update with why the personal stat pages arent fooking working.

Love this pool. Just hate the lack of transparency and info when shit breaks.