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

[omgbossis21]

Cool maybe i'll get my what is now .006 bc 

[zoob]

There goes the rest.  Maybe he's cashing out and shutting down?  First time I've ever seen unexchanged this low.

[mkyouko]

Nice to see that blue line FINALLY come down. But its too little, too late. I'm going to stick with coinshift, I like the cause and the payouts.

[BombaUcigasa]

[DrunkenDonkey]

Yeah I giggled at this, mc dumped all its unexchanged it seems

[mkyouko]

Yeah I giggled at this, mc dumped all its unexchanged it seems

Yep. And like stupid sheep, the hashrate is going up, even though the balance increase rate isn't. The pool is still crap for mining. Just now its not hoarding a bunch of coins.

[BombaUcigasa]

Yeah I giggled at this, mc dumped all its unexchanged it seems

Yep. And like stupid sheep, the hashrate is going up, even though the balance increase rate isn't. The pool is still crap for mining. Just now its not hoarding a bunch of coins.

It seems in line with the other multipools, quite in the ... middle ... of the chart. Poolpicker sucks for reporting middlecoin results and I said this from the first day middlecoin was added. Yet some people believe middlecoin is the worst and everyone mining here is an idiot.

You can't accurately record real performance in multipools without actually mining in them.

[Minerist]

Sheeple are so sheeple.

[kache]

Yeah I giggled at this, mc dumped all its unexchanged it seems

Oh, when I saw the poolpicker graph I thought middlecoin followed this guy's suggestion and started renting their hashrate to 51% attackers:
http://www.reddit.com/r/Bitcoin/comments/22aw8c/most_altcoins_are_not_secure_enough_they_exist/

[BombaUcigasa]

http://poolpicker.eu/

It's funny, isn't it? Middlecoin is the worst pool, just destroy any data points above the average...

[cryptopi]

http://poolpicker.eu/

It's funny, isn't it? Middlecoin is the worst pool, just destroy any data points above the average...

I don't think the data was "destroyed". The data was adjusted, and in my opinion, for good reason.

The recent payout by Middlecoin had a large component that included the flushing out of a lot of unexchanged coins by miners that have not mined in many days, weeks, or even months at Middlecoin. This was one of the many problems with Middlecoin in that various account balances were not being flushed to the miner once they stopped mining. Large balances, yes. Small balances, not so much, as they appeared to be "stuck". That is why the unexchanged balance (blue in Middlecoin graph) was so enormous for a long time now. Finally, a couple of days ago, these small balances for thousands of these miners were all flushed out. This spike event should not be included in things like poolpicker because it distorts the graph and has nothing to do with current or even recent mining proceeds, which is the purpose of the graph.

If H2O communicated a bit, he could advise the amount that was current and perhaps a better data adjustment could be made by the person that makes the graph, but he chooses silence and auto-pilot so the current graph is the result. Some of the unusual component of the payment may have been recent and should be included if it wasn't.

H2O had a great pool. This is no longer true in my opinion. It used to have the best returns and H2O was great. For well over a month or more (since back when all the crazy hate thread postings), Middlecoin has gotten much worse and H2O has disappeared. I have mined at all the major pools for multiple time periods, comparing payouts with identical rigs, switching around only after carefully analyzing days of data. Middlecoin now has erratic and clearly lower returns in addition to the worst support by far. Like others that have posted recently, I am really surprised that folks still mine here. Many must be on auto-pilot and don't know the difference. Be aware that once you move off of Middlecoin you can get a distorted view of payments if you don't wait a few days for balances and rates to settle due to the many conversion transactions in process at both the new and old pool. Other pools also pay faster and Middlecoin frequently takes quite a period of time to flush the coins to the miner, providing a falsely inflated view of Middlecoin returns to the uninformed miner that switches over short time periods. Sometimes configurations need to be adjusted to maximize other pools. Perhaps Middlecoin still works best for some kind of miner, but none that I am familiar with.

My best to H2O; sorry to have lost him.

[suchmoon]

http://poolpicker.eu/

It's funny, isn't it? Middlecoin is the worst pool, just destroy any data points above the average...

I don't think the data was "destroyed". The data was adjusted, and in my opinion, for good reason.

I have to admit I don't know how the adjustment was made, but I hope it involved some kind of averaging/distribution. Because that spike was actual coins that were mined and were not included in previous payouts, making those payouts smaller. Of course even with that in mind Middlecoin is clearly underperforming most other multipools, but that doesn't justify hacking off part of the chart to fit the "trend".

[Xamda]

Has H2O completely left Middlecoin to live its own (decaying) life?

I have been using Middlecoin since late last year, but now I am starting to think I should look for other multipools... Any suggestions?

[Thirtybird]

Has H2O completely left Middlecoin to live its own (decaying) life?

I have been using Middlecoin since late last year, but now I am starting to think I should look for other multipools... Any suggestions?

Just now starting to think that?  Little slow on the uptake aren't ya?

Wafflepool
Clevermining
altcoinplex
multipool

[LPCobris]

I was one of the miners that did like H20 work on this pool (was the reference pool of the market).

But that lazyless, and lack of communication have killed the pool...
It now works in auto-pilot with any kind of intervention...

And it shows... Low profits, erratic payouts... (due to errors on the API for sure), it seems H20 don´t care anymore (maybe its full of cash...), and theire still some sheep laying on the pool...

I have since move on to better green fields... on at least i see the sheppard talking to the sheep...

Best Regards,

LPC

[jedimstr]

I was one of the miners that did like H20 work on this pool (was the reference pool of the market).

But that lazyless, and lack of communication have killed the pool...
It now works in auto-pilot with any kind of intervention...

And it shows... Low profits, erratic payouts... (due to errors on the API for sure), it seems H20 don´t care anymore (maybe its full of cash...), and theire still some sheep laying on the pool...

I have since move on to better green fields... on at least i see the sheppard talking to the sheep...

Best Regards,

LPC

Blackmailing forum members outing h20's identity, photos, location, etc killed the pool.
If someone did that to you, you wouldn't want to stick around either. 
I don't blame h20, and am actually surprised he kept the pool up after January.

[Shastada]

I was one of the miners that did like H20 work on this pool (was the reference pool of the market).

But that lazyless, and lack of communication have killed the pool...
It now works in auto-pilot with any kind of intervention...

And it shows... Low profits, erratic payouts... (due to errors on the API for sure), it seems H20 don´t care anymore (maybe its full of cash...), and theire still some sheep laying on the pool...

I have since move on to better green fields... on at least i see the sheppard talking to the sheep...

Best Regards,

LPC

Blackmailing forum members outing h20's identity, photos, location, etc killed the pool.
If someone did that to you, you wouldn't want to stick around either. 
I don't blame h20, and am actually surprised he kept the pool up after January.

Yeah surprised someone wanted to keep making free money? There's no reason H20 shouldn't have publicly divulged who he was to begin with, he was making A LOT of money off this why not be forthright?

[jedimstr]

I was one of the miners that did like H20 work on this pool (was the reference pool of the market).

But that lazyless, and lack of communication have killed the pool...
It now works in auto-pilot with any kind of intervention...

And it shows... Low profits, erratic payouts... (due to errors on the API for sure), it seems H20 don´t care anymore (maybe its full of cash...), and theire still some sheep laying on the pool...

I have since move on to better green fields... on at least i see the sheppard talking to the sheep...

Best Regards,

LPC

Blackmailing forum members outing h20's identity, photos, location, etc killed the pool.
If someone did that to you, you wouldn't want to stick around either.  
I don't blame h20, and am actually surprised he kept the pool up after January.

Yeah surprised someone wanted to keep making free money? There's no reason H20 shouldn't have publicly divulged who he was to begin with, he was making A LOT of money off this why not be forthright?

Doesn't matter if he wanted to keep his identity secret, outing his location, photos, Facebook profiles and name is still a dick move.

If someone posted your address on Craigslist and said you had a few million $$ stored there, "come and get it", I'm sure you'd be pissed too, if not look for a quick relocation. That's not what happened here, but it was getting damn close to that, along with threats of violence and blackmail.

[JHammer]

I was one of the miners that did like H20 work on this pool (was the reference pool of the market).

But that lazyless, and lack of communication have killed the pool...
It now works in auto-pilot with any kind of intervention...

And it shows... Low profits, erratic payouts... (due to errors on the API for sure), it seems H20 don´t care anymore (maybe its full of cash...), and theire still some sheep laying on the pool...

I have since move on to better green fields... on at least i see the sheppard talking to the sheep...

Best Regards,

LPC

Blackmailing forum members outing h20's identity, photos, location, etc killed the pool.
If someone did that to you, you wouldn't want to stick around either.  
I don't blame h20, and am actually surprised he kept the pool up after January.

Yeah surprised someone wanted to keep making free money? There's no reason H20 shouldn't have publicly divulged who he was to begin with, he was making A LOT of money off this why not be forthright?

Doesn't matter if he wanted to keep his identity secret, outing his location, photos, Facebook profiles and name is still a dick move.

If someone posted your address on Craigslist and said you had a few million $$ stored there, "come and get it", I'm sure you'd be pissed too, if not look for a quick relocation. That's not what happened here, but it was getting damn close to that, along with threats of violence and blackmail.

Agree but I am pretty sure a couple of Mil would ease my pain..   

[drexel232]

I was one of the miners that did like H20 work on this pool (was the reference pool of the market).

But that lazyless, and lack of communication have killed the pool...
It now works in auto-pilot with any kind of intervention...

And it shows... Low profits, erratic payouts... (due to errors on the API for sure), it seems H20 don´t care anymore (maybe its full of cash...), and theire still some sheep laying on the pool...

I have since move on to better green fields... on at least i see the sheppard talking to the sheep...

Best Regards,

LPC

Blackmailing forum members outing h20's identity, photos, location, etc killed the pool.
If someone did that to you, you wouldn't want to stick around either. 
I don't blame h20, and am actually surprised he kept the pool up after January.

I've never quite understood that argument. If it happened to me, I definitely wouldn't just run-and-hide in fear - I would remain forthcoming as the acts of a few do not reflect the needs of the many. It's spineless, not to mention a total cop-out. Forum scared me.... I stay away now....