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Author Topic: [ANN] profit switching auto-exchanging pool - www.middlecoin.com  (Read 829874 times)
Gasai Yuno
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Yukki Yukki Yukki!


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February 04, 2014, 03:10:32 AM
 #8461

i have 4.5mh/s rig.

and i got 0.03797857 BTC

im off with middlecoin, thanks for everything i will mine any coin.im sure it will be more profitable.
elpsycongro
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February 04, 2014, 03:17:48 AM
 #8462

i have 4.5mh/s rig.

and i got 0.03797857 BTC

im off with middlecoin, thanks for everything i will mine any coin.im sure it will be more profitable.

good luck with that  Grin

ndevices
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February 04, 2014, 03:19:09 AM
 #8463

i have 8.7mhs and got 0.0513 btc
CraftyMiner
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February 04, 2014, 03:36:54 AM
 #8464

i have 4.5mh/s rig.

and i got 0.03797857 BTC

im off with middlecoin, thanks for everything i will mine any coin.im sure it will be more profitable.
I have 7mh/s rig and I got .05 BTC, so I guess we're all in the same boat....
rwessels
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February 04, 2014, 03:38:19 AM
 #8465

sigh.... 3 shitty days in a row.  But after a really good one.
MrBobC
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February 04, 2014, 03:43:12 AM
 #8466

I have 52Mh and got .33, but how about that unexchanged?   Grin
FrankieSaysRelax
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February 04, 2014, 03:48:53 AM
 #8467

Low payout last few days but exchanged is building up so tomorrow should be a much better payout.
salientlucidity
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February 04, 2014, 03:59:54 AM
 #8468

Doesn't look like that on Asia server -  un exchanged nothing  special.

But if you look at Wafflepool their results for last few days are even worse than ours and  dropping fast. Average per day over the last 2 weeks is only 0.011 per 1MH (http://wafflepool.com/stats)

Time  - BTC / 1MH
1 Days   - 0.00477969
2 Days   - 0.00812367
3 Days   - 0.00722699
14 Days   - 0.01163243

So as per usual people will moan and if tealover was still around complain it was a scam but we seem to be doing better than most of the other multipools
CryptoCoinSolutions
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February 04, 2014, 04:17:01 AM
 #8469

I've been test mining at Middlecoin for about the past two weeks. I'm mining with a rock solid 3-card Sapphire 7950 rig, (all the exact same card, the 4L). The cards all hash at 597-598 each for a total of 1.8 MH/s. I have an additional 7950 hashing at 540 KH/s in another configuration. So my total hash is about 2.3 MH/s conservatively. Each is running on a "Stilt" BIOS optimization, Stilt rocks.

TOTAL HASH = 2.3 MH/s, temps kept below 70, a pro setup.

I use CGWatcher, I keep a close eye on everything. I review my logs 2-3 times per day. I reboot once per day. I'm getting a really absurd state/reject rate, sometimes as high as 12%, other times as low as 4-5%. useast.middlecoin.com is the best ping and seems to stay up most of the time. I failover, yes, I knows howz to do dat ... thanks.

There are 20 GH/s pointed at middlecoin.com, more than 1/3rd of all the hashing power available on the internet that is hashing either Litecoin or Dogecoin, that's a lot.

I think the entire Middlecoin system is pushed to the absolute limit and is near constant failure at all times ... and is going down often and we can see that in the data and with various tools. I wouldn't be surprised if they are rebooting servers often and pushing services around while they do that.

What an awesome VC opportunity, a dirty job, proven to be a money maker, (damn hard work), but relatively little glory.

If the VC would get their heads out of the clouds and then out of their asses and fund this guy, this operation, they could make some real money and do some good things for the CryptoCurrency industry.

So here's the wallet I'm testing with and the payments to date including today's recent payment:

http://i62.tinypic.com/jj89s6.jpg

Here are the various links to the recently assembled statistics sites that have been posted to monitor the Middlecoin data provided from Middlecoin in their JSON feed:

http://mc.vegr.com/flotchart.php?BTC=1AAuGXD9yvUQvfTR2dvuuFLcBL4HYpRVWP

http://middlestats.circlestorm.org/?target=1AAuGXD9yvUQvfTR2dvuuFLcBL4HYpRVWP&days=7

http://vps.webbson.net/middlecoin/?wallet=1AAuGXD9yvUQvfTR2dvuuFLcBL4HYpRVWP

I'm pulling my BTC address specific JSON to a google spreadsheet and after some analysis I see inaccuracy in the unexchanged portion of the earnings and what might should have been disbursed by this time, and it bother me, it bothers me a lot.

It's only a matter of time before somebody does the coding and the work that shows an aggregate and gross inaccuracy in the books such that, the client base will start seriously thinking that Middlecoin is fudging the books, big time, that's how business works, somebody is going to launch a competitor, that works slightly better, and then publish data which shows the grotesque inaccuracy in the Middlecoin disbursement system.

I'm not going to do several thousand dollars worth of programming and publishing to "be great" and prove anything, cause a stink, get yelled at, get tin foil hatted by a bunch of greedy miners who are lucky enough to be getting MUCH better pay for their hash ... I'm just going to publish my own, immediate findings with the comments that the Venture Capitalists in bitcoin VC funding in general are idiots if they cannot see how wildly profitable a Most Profitable Pool for BTC model can be, especially with an investment of several hundred thousand in hardware to build a Scrypt farm to mine for the venture to sustain and seed and maintain support for the operation.

I tell ya, there are some HARD HEADED Venture Capitalists out there, that's for sure.

From reading all of the pages in this thread I can see there are a lot of people that deeply suspect there is major books fudging going on in this operation. We can certainly observe the data and see there is some gross distortion in the amount of hash some people point at Middlecoin, and the amount of BTC they get out of that, and that's bad, no matter how you look at it, that's REAL bad.

And I understand the Middlecoin principals have big, big plans to roll out more and more servers, and I say "that's great", that's really "epic" ... man.

But you really should get your code in order, and get your basic services working worth a crap before you go "conquer the world" and be "great".

Garbage in, Garbage out. Add more servers, get MORE garbage in, and MORE garbage out.

It's a shame that such a profitable opportunity is being so poorly executed. And hey, if I were sitting on all the profits that Middlecoin has made so far, I wouldn't be worried much ... about anything, at all ... except, some VC coming along and plunking down a couple of million, and putting you out business in the blink of an eye.

nightengale
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February 04, 2014, 04:20:52 AM
 #8470

I decided to stick with middlecoin for a while because the results last week were decent... And now in my second week... This kinda sucks. Would be making more money mining straight LTC.
gsrcrxsi
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February 04, 2014, 04:39:22 AM
 #8471

all of these problems would be solved if h2o would stop sitting on that fucking unexchanged and just dump it already.
falsealarm_bf
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February 04, 2014, 04:42:48 AM
 #8472

I decided to stick with middlecoin for a while because the results last week were decent... And now in my second week... This kinda sucks. Would be making more money mining straight LTC.

It seems like the Middlecoin fanboys have also disappeared and are absent. Normally they would go rabid after a comment like the above. Something is amiss with the last three days payouts, generate very slow on all three ends, exchanged, unexchanged and immature.
Asmegin
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February 04, 2014, 04:46:33 AM
 #8473

I wonder what caused the big unexchanged jump @ payout tonight?
elpsycongro
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February 04, 2014, 04:51:34 AM
 #8474

I wonder what caused the big unexchanged jump @ payout tonight?

odd my un-exchanged spiked up tonight like by alot ...

i wonder what coin h20 is holding on to? hopefully tomorrow should improve

gsrcrxsi
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February 04, 2014, 05:04:06 AM
 #8475

and my balance was .00999 at payout so i didnt get paid... ugh.

1.8MH
sitting with .034+ unexchanged, and .01+ balance
kalus
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let's make a deal.


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February 04, 2014, 05:06:33 AM
 #8476

If the unexchanged is dogecoin, i would prefer if it was not exchanged at 0.00013. 

absolutely no need to rush the unexchanged.  ignore the premature ejaculators! 

DC2ngEGbd1ZUKyj8aSzrP1W5TXs5WmPuiR wow need noms
mechx
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February 04, 2014, 05:06:41 AM
 #8477

I wonder what caused the big unexchanged jump @ payout tonight?

odd my un-exchanged spiked up tonight like by alot ...

i wonder what coin h20 is holding on to? hopefully tomorrow should improve


It's the missing unexchanged from asia and uswest servers. A stuff up now divided on to all servers.
The Fat Miner
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Please give me Bitcoins so I can buy more food


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February 04, 2014, 05:16:38 AM
 #8478

i have 4.5mh/s rig.

and i got 0.03797857 BTC

im off with middlecoin, thanks for everything i will mine any coin.im sure it will be more profitable.

If you ask me I think that's a half decent payment, I've not had close to that amount per Mh/s
elpsycongro
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February 04, 2014, 05:21:06 AM
 #8479

I wonder what caused the big unexchanged jump @ payout tonight?

odd my un-exchanged spiked up tonight like by alot ...

i wonder what coin h20 is holding on to? hopefully tomorrow should improve


It's the missing unexchanged from asia and uswest servers. A stuff up now divided on to all servers.

well the spike went away ... none went in to exchanged so it just poofed

zSprawl
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February 04, 2014, 05:21:52 AM
 #8480

all of these problems would be solved if h2o would stop sitting on that fucking unexchanged and just dump it already.

It may be better to hold... what do I know? h20 has delivered repeatedly, so I'll let him do his thing and sit back with my hand out. Smiley

BTC: 1EyCRbT3YeskViEtH9KfRLpjdR2nsrrcW6
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