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

[induktor]

Hello
I have been mining here for several weeks, but the useless work resulting of the 1024K difficulty bugs me a bit.

I have been reading the last 50 pages but couldn't find the info I want.
What would be best, using 1 thread with 7950 and high TC for middlecoin or a 280X with g 2 at 750Kh?

what I am asking is what is better to accommodate for the 1024K difficulty, I am trying to make it work as efficient as I can.

any hint?, thank you!
indkt.

[1714979684]

1714979684

[1714979684]

1714979684

[BoeserKeller]

Difficulty increases variance but has no influence on your average payout.

[induktor]

Difficulty increases variance but has no influence on your average payout.

But most of the time i see that my GPUs are working and new block, new block, new block, but nothing gets delivered even for a minute, this is useless work isn't it?, that's what I want to prevent, if it is better to use here 280X I will and leave 7950s in another pool, or at the inverse.
I have two farms one in full production of 7950s, and another one entering online this week full of R9 280X, and I wanna make them as profitable as I can (I am also an efficiency freak, can't help it  it goes beyond money hehe)

[revvv]

Could someone explain me how ASICS Scrypt miners will effect middlecoin? I don't understand why should make a difference. I am planning to invest so I need some info. There are already miners with GH/s but my payout is not affected from the miners on middlecoin, only by the value of the coin itself right?

Is the equation like more GH/s = increase coin difficulty = less payout for everyone?

Lets say on average we are making $10 for 1MH/s at the moment. Lets say in 6 months there will be 10 times the network hasrate. $1 for 1MH/S?

[dablanket]

Hello
I have been mining here for several weeks, but the useless work resulting of the 1024K difficulty bugs me a bit.

I have been reading the last 50 pages but couldn't find the info I want.
What would be best, using 1 thread with 7950 and high TC for middlecoin or a 280X with g 2 at 750Kh?

what I am asking is what is better to accommodate for the 1024K difficulty, I am trying to make it work as efficient as I can.

any hint?, thank you!
indkt.

so far only these works for me @ 1~% reject

Code:

280x @ 680kh/s:-
thread-concurrency : 28672 (2048 * 14)
gpu-thread : 1
intensity : 18
gpu-engine : 1100
gpu-memclock : 1500

7950 @ 590kh/s :-
thread-concurrency : 25984 (1792 * 14.5)
gpu-thread : 1
intensity : 18
gpu-engine : 1050
gpu-memclock : 1250

[sykal]

Could someone explain me how ASICS Scrypt miners will effect middlecoin? I don't understand why should make a difference. I am planning to invest so I need some info. There are already miners with GH/s but my payout is not affected from the miners on middlecoin, only by the value of the coin itself right?

Is the equation like more GH/s = increase coin difficulty = less payout for everyone?

Lets say on average we are making $10 for 1MH/s at the moment. Lets say in 6 months there will be 10 times the network hasrate. $1 for 1MH/S?

more hash on middlecoin means that we are sacrificing the ability to exchange the smaller coins, and possibly earn higher profits.
Unless h20 comes up with a software solution to load balance the exchanges so we don't crash the smaller coins.

[gtraah]

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.

You keep forgetting that difficulty will rise like there is no tomorrow. So your going to need more and more and more eventually turning into bitcoin.

[gtraah]

Stats froze???

[Caze]

Difficulty increases variance but has no influence on your average payout.

But most of the time i see that my GPUs are working and new block, new block, new block, but nothing gets delivered even for a minute, this is useless work isn't it?, that's what I want to prevent, if it is better to use here 280X I will and leave 7950s in another pool, or at the inverse.
I have two farms one in full production of 7950s, and another one entering online this week full of R9 280X, and I wanna make them as profitable as I can (I am also an efficiency freak, can't help it  it goes beyond money hehe)

I even use my lowly HD5850 to mine here. With a hash of 330kh/s it still manages to have a WU of 340 and an efficiency of around 110% so I wouldn't worry about the 7950, their hash isn't going to waste.

[Catswold]

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..

Actually you don't make any sense.  Mining isn't "competitive."  Not in any way shape or form.  This is so, because no matter how high your hash-rate, it does not affect my own earnings.

The only possible way mining could be "competitive," is if you felt some need to earn more than the next guy, and he chose to "compete" with you.

As long as I am happy with my hash-rate, your hash-rate is irrelevant.

[sykal]

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..

Actually you don't make any sense.  Mining isn't "competitive."  Not in any way shape or form.  This is so, because no matter how high your hash-rate, it does not affect my own earnings.

The only possible way mining could be "competitive," is if you felt some need to earn more than the next guy, and he chose to "compete" with you.

As long as I am happy with my hash-rate, your hash-rate is irrelevant.

Actually, as more people do it and increase hashrates collectively, your payout is directly effected as difficulty rises.
competitive might be the wrong word he chose to use, but if you don't continue to expand, eventually it becomes less profitable.

[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.

You keep forgetting that difficulty will rise like there is no tomorrow. So your going to need more and more and more eventually turning into bitcoin.

Right, because I forgot this very obvious factor, on more than one occasion, with my low post count, which by the way, was completely irrelevant to the statement I was trying to make.    Moron.

[Biggen]

 

Mining is VERY competitive.  It's an arms race against the ASIC clock.  It's also a race against the rising difficulty clock.

Asics's are coming one way or another.  I still think it will be a while before they offer the performance/price that makes sense.  Also, it will take a generation or two to really get the kinks worked out.

But if you aren't either racing to get as much coin now as you can, then you are bringing up the rear because the rest of use are building farms.  We want to collect/cash in as much BTC as possible before ASICs drive the difficulty up so much that you actually NEED said asic to mine/survive in this hobby.

[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..

Actually you don't make any sense.  Mining isn't "competitive."  Not in any way shape or form.  This is so, because no matter how high your hash-rate, it does not affect my own earnings.

The only possible way mining could be "competitive," is if you felt some need to earn more than the next guy, and he chose to "compete" with you.

As long as I am happy with my hash-rate, your hash-rate is irrelevant.

Whatever you say, bud. If that's your opinion, then you're entitled to it.

[Gamer67]

It is called progress. Either you move along with it or you get left behind crying about the neighbors Maserati

[karolina]

Mining is VERY competitive.  It's an arms race against the ASIC clock.  It's also a race against the rising difficulty clock.

Asics's are coming one way or another.  I still think it will be a while before they offer the performance/price that makes sense.  Also, it will take a generation or two to really get the kinks worked out.

But if you aren't either racing to get as much coin now as you can, then you are bringing up the rear because the rest of use are building farms.  We want to collect/cash in as much BTC as possible before ASICs drive the difficulty up so much that you actually NEED said asic to mine/survive in this hobby.

It is called progress. Either you move along with it or you get left behind crying about the neighbors Maserati Smiley

+1. Finally some adults around here.

Funny how kids around here like to play with their words just so they can 1up people on the Internet.

[64dimensions]

Just to chime in, my very stable rig gets about 1 - 1.5% rejects using Litecoin pools and on middlepool, about 5% - 7%.

Here is the ROI issue on tweaking. I am specifically referring to Tweaking that takes the whole rig down.

For the the sake of argument, suppose the rig WU is 1MH/s. If I take the rig down like for 5 mins, then I've lost 300MH.

To earn this missing hashing back in an hour this means my tweak has to result in a hashing rate increase of 8.3% or 83 kH/s.

Or to breakeven from this tweak in a week, about 12 kH/s.

[Zoella]

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.

Another vote for working personal stats page!

[Gamer67]

Mining is VERY competitive.  It's an arms race against the ASIC clock.  It's also a race against the rising difficulty clock.

Asics's are coming one way or another.  I still think it will be a while before they offer the performance/price that makes sense.  Also, it will take a generation or two to really get the kinks worked out.

But if you aren't either racing to get as much coin now as you can, then you are bringing up the rear because the rest of use are building farms.  We want to collect/cash in as much BTC as possible before ASICs drive the difficulty up so much that you actually NEED said asic to mine/survive in this hobby.

It is called progress. Either you move along with it or you get left behind crying about the neighbors Maserati Smiley

+1. Finally some adults around here.

Funny how kids around here like to play with their words just so they can 1up people on the Internet.

I would not sweat it. You should hear the cpu miners cry on new scrypt coin releases

[karolina]

Mining is VERY competitive.  It's an arms race against the ASIC clock.  It's also a race against the rising difficulty clock.

Asics's are coming one way or another.  I still think it will be a while before they offer the performance/price that makes sense.  Also, it will take a generation or two to really get the kinks worked out.

But if you aren't either racing to get as much coin now as you can, then you are bringing up the rear because the rest of use are building farms.  We want to collect/cash in as much BTC as possible before ASICs drive the difficulty up so much that you actually NEED said asic to mine/survive in this hobby.

It is called progress. Either you move along with it or you get left behind crying about the neighbors Maserati Smiley

+1. Finally some adults around here.

Funny how kids around here like to play with their words just so they can 1up people on the Internet.

I would not sweat it. You should hear the cpu miners cry on new scrypt coin releases

I hear you on that one. People treat this like a BUSINESS. They're here to make money. You can't expect to keep earning proportionally if you don't use competitive hardware. One thing you can expect though, is a lot of bitching.