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Author Topic: [ANN] profit switching auto-exchanging pool - www.middlecoin.com  (Read 829881 times)
falsealarm_bf
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June 06, 2014, 09:24:30 PM
 #10681

Forget all of the other outstanding questions, there is only one question to which I'd like to have the answer. What did h2o move on to? Seriously, what was better out there that he was able to ditch a running pool? There was still some potential with it when he disappeared.
gtraah
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June 26, 2014, 10:21:07 AM
 #10682

I am betting he owns another mining pool out there but just changed his name.... Anyone can create a new Nickname on bitcointalk and re-open a pool and advertise, there are quite a few pools mining the the "SO CALLED" most profitable coin... a whole 0.00130 BTC/MHS

I remember when it was 0.01 and people used to have a heart attack realising it was going down to 0.005 , now we really would love to go back to 0.005 and would dream to go back to 0.01
coinGeek
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July 15, 2014, 07:27:55 PM
 #10683

I just posted a notice on the Middlecoin graph:

NOTICE:

I plan to turn off this graphs server due to the expense.

...


The expense is $30 per month. That and a little administrative effort on my part. I don't need this server for anything else anymore so it's just cutting into my mining profits -- if any   Wink.

h2o donated a bit for my efforts last year but that's been spent by now. He hasn't responded to my PMs so I'd say he's out of the picture.

If there's any interest maybe we can work something out...

--coinGeek

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BombaUcigasa
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July 15, 2014, 08:47:40 PM
 #10684

I just posted a notice on the Middlecoin graph:

NOTICE:

I plan to turn off this graphs server due to the expense.

...


The expense is $30 per month. That and a little administrative effort on my part. I don't need this server for anything else anymore so it's just cutting into my mining profits -- if any   Wink.

h2o donated a bit for my efforts last year but that's been spent by now. He hasn't responded to my PMs so I'd say he's out of the picture.

If there's any interest maybe we can work something out...

--coinGeek

Sorry to hear that coinGeek, I would love to have the charts available for historical value. Like people from the future visiting the once great site of the best multi-pool created that paid over 30k USD to the operator, per month. Can't you reconfigure them on a lower performance level, move them to another server. And no, I can't sponsor the bill myself Smiley
coinGeek
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July 15, 2014, 09:07:59 PM
 #10685


Sorry to hear that coinGeek, I would love to have the charts available for historical value. Like people from the future visiting the once great site of the best multi-pool created that paid over 30k USD to the operator, per month. Can't you reconfigure them on a lower performance level, move them to another server. And no, I can't sponsor the bill myself Smiley

That's a good question, but the IP address is coded into the Middlecoin HTML. It can't be moved to another address without someone changing the code on Middlecoin. But, h2o isn't answering PMs or on IRC lately.

Anyone with a Middlecoin login please speak up now!  Tongue    

(And yes, I wish I had used DNS rather than an IP address for a cloud server. I was in a hurry at the time, if you remember the meltdown going on during the big run up in users due to the run up in profits...)

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jedimstr
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July 16, 2014, 12:29:54 AM
 #10686


Sorry to hear that coinGeek, I would love to have the charts available for historical value. Like people from the future visiting the once great site of the best multi-pool created that paid over 30k USD to the operator, per month. Can't you reconfigure them on a lower performance level, move them to another server. And no, I can't sponsor the bill myself Smiley

That's a good question, but the IP address is coded into the Middlecoin HTML. It can't be moved to another address without someone changing the code on Middlecoin. But, h2o isn't answering PMs or on IRC lately.

Anyone with a Middlecoin login please speak up now!  Tongue     

(And yes, I wish I had used DNS rather than an IP address for a cloud server. I was in a hurry at the time, if you remember the meltdown going on during the big run up in users due to the run up in profits...)

Ahh... The good old days. 

I think you should definitely shut it down to put another nail in this coffin.  I've seen more zombies here than on The Walking Dead.

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July 16, 2014, 01:08:50 AM
 #10687

Oh dear, haven't looked at it in a while. 60 BTC balance, dust presumably? I know I have ~0.008 there, maybe I should mine a little bit to get to 0.01 Smiley

12 BTC unexchanged, but that could be worthless for all we know.
coinGeek
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July 16, 2014, 02:33:53 AM
 #10688

Oh dear, haven't looked at it in a while. 60 BTC balance, dust presumably? I know I have ~0.008 there, maybe I should mine a little bit to get to 0.01 Smiley

12 BTC unexchanged, but that could be worthless for all we know.

I had the same thought about the 60 BTC of carry over balance. That's a lot of dust sitting in a wallet that someone can maybe still access. With 40000 some IDs and a lot with sub .01btc balances I can believe it is just a thick layer of dust, but I'm too lazy to do the math right now.

Just another strange part of the Middlecoin mystery I guess.


I mined my balance down to zero a while back. With script mining paying so little now you won't lose that much throwing a little hash at Middlecoin to even up.



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coinGeek
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July 16, 2014, 05:27:58 AM
Last edit: July 16, 2014, 06:31:39 AM by coinGeek
 #10689


...

(And yes, I wish I had used DNS rather than an IP address for a cloud server. I was in a hurry at the time, if you remember the meltdown going on during the big run up in users due to the run up in profits...)

Ahh... The good old days.  

I think you should definitely shut it down to put another nail in this coffin.  I've seen more zombies here than on The Walking Dead.

The good old days indeed. As far as I know Middlecoin was a major catalyst for a short lived frenzy of home made script mining rig  building. AMD should send h2o an award for all the video cards he helped sell.  A lot of coins were flowing and I hear a few people even mad ROI Wink

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suchmoon
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July 16, 2014, 03:34:26 PM
 #10690


...

(And yes, I wish I had used DNS rather than an IP address for a cloud server. I was in a hurry at the time, if you remember the meltdown going on during the big run up in users due to the run up in profits...)

Ahh... The good old days.  

I think you should definitely shut it down to put another nail in this coffin.  I've seen more zombies here than on The Walking Dead.

The good old days indeed. As far as I know Middlecoin was a major catalyst for a short lived frenzy of home made script mining rig  building. AMD should send h2o an award for all the video cards he helped sell.  A lot of coins were flowing and I hear a few people even mad ROI Wink

I'm not sure if AMD and its vendors are too happy, a lot of those cards are run beyond their intended specs and may need an RMA sometime within the 3-5 year warranty Smiley

But if kept cool and clean, these 280X from November could have indeed ROIed and depending on electric costs can still be profitable today.
coinGeek
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July 16, 2014, 04:27:10 PM
 #10691


I'm not sure if AMD and its vendors are too happy, a lot of those cards are run beyond their intended specs and may need an RMA sometime within the 3-5 year warranty Smiley

But if kept cool and clean, these 280X from November could have indeed ROIed and depending on electric costs can still be profitable today.

I was joking a little about ROI, although the late starters probably had to go back the their day jobs. And my electricity is expensive too...

 

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jedimstr
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July 16, 2014, 04:27:37 PM
 #10692


...

(And yes, I wish I had used DNS rather than an IP address for a cloud server. I was in a hurry at the time, if you remember the meltdown going on during the big run up in users due to the run up in profits...)

Ahh... The good old days.  

I think you should definitely shut it down to put another nail in this coffin.  I've seen more zombies here than on The Walking Dead.

The good old days indeed. As far as I know Middlecoin was a major catalyst for a short lived frenzy of home made script mining rig  building. AMD should send h2o an award for all the video cards he helped sell.  A lot of coins were flowing and I hear a few people even mad ROI Wink

I'm not sure if AMD and its vendors are too happy, a lot of those cards are run beyond their intended specs and may need an RMA sometime within the 3-5 year warranty Smiley

But if kept cool and clean, these 280X from November could have indeed ROIed and depending on electric costs can still be profitable today.

My GPU rigs were built from used MSI TFIII 7950's that went for $100-180 before the "Great Doge Run - Much Hash of 2013", and I still have them hashing away on X11 & X13 on Waffle and BetaRigs... so they've long since achieved positive ROI.  Better than my SHA ASICs in fact.  

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July 18, 2014, 08:51:51 AM
 #10693

Does somebody stil mine on middlecoin?
~1000Mh, decades of BTC balance is not a dust ))
BombaUcigasa
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July 18, 2014, 03:40:40 PM
 #10694

Does somebody stil mine on middlecoin?
~1000Mh, decades of BTC balance is not a dust ))
Probably very lazy and ignorant rig owners and lots and lots of bots that can't be updated by the botnets with new pool details.
coinGeek
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July 18, 2014, 05:14:33 PM
 #10695

Does somebody stil mine on middlecoin?
~1000Mh, decades of BTC balance is not a dust ))
Probably very lazy and ignorant rig owners and lots and lots of bots that can't be updated by the botnets with new pool details.

Lazy and ignorant bots and hobby miners who aren't paying much attention. Although, if you're stuck on script the return from the pools is a choice  between poor and not-good anyway.

Funny thing though is that Middlecoin was number one on poolpicker.eu yesterday and the hash rate doubled. Miners are funny people.

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July 18, 2014, 05:20:39 PM
Last edit: July 18, 2014, 07:19:53 PM by coinGeek
 #10696

Speaking of real miners on Middlecoin, I got a couple of small donations to keep the graphs going for a while.

Thank you.


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andromeda66
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July 22, 2014, 11:08:17 AM
 #10697

Oh dear, haven't looked at it in a while. 60 BTC balance, dust presumably? I know I have ~0.008 there, maybe I should mine a little bit to get to 0.01 Smiley

12 BTC unexchanged, but that could be worthless for all we know.

I had the same thought about the 60 BTC of carry over balance. That's a lot of dust sitting in a wallet that someone can maybe still access. With 40000 some IDs and a lot with sub .01btc balances I can believe it is just a thick layer of dust, but I'm too lazy to do the math right now.

Just another strange part of the Middlecoin mystery I guess.


I mined my balance down to zero a while back. With script mining paying so little now you won't lose that much throwing a little hash at Middlecoin to even up.




There are strange issues with middlecoin.

I have unconverted balance for about one week now and the pool owner didnt anwer to my questions.
I have to warn all miners outside because i am not sure if middlecoin is able to pay out his customers.
coinGeek
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July 22, 2014, 09:40:10 PM
Last edit: July 22, 2014, 10:08:24 PM by coinGeek
 #10698

Oh dear, haven't looked at it in a while. 60 BTC balance, dust presumably? I know I have ~0.008 there, maybe I should mine a little bit to get to 0.01 Smiley

12 BTC unexchanged, but that could be worthless for all we know.

I had the same thought about the 60 BTC of carry over balance. That's a lot of dust sitting in a wallet that someone can maybe still access. With 40000 some IDs and a lot with sub .01btc balances I can believe it is just a thick layer of dust, but I'm too lazy to do the math right now.

Just another strange part of the Middlecoin mystery I guess.


I mined my balance down to zero a while back. With script mining paying so little now you won't lose that much throwing a little hash at Middlecoin to even up.




There are strange issues with middlecoin.

I have unconverted balance for about one week now and the pool owner didnt anwer to my questions.
I have to warn all miners outside because i am not sure if middlecoin is able to pay out his customers.

Is your balance over .01 BTC? and what's your hash rate?




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coinGeek
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July 22, 2014, 10:09:48 PM
 #10699

The general conciseness seems to be that Middlecoin is just running all by itself with no one in charge or maintaining it. So, miners should beware.

This raises all sorts of questions for me. Like, why? And, how can it keep running at all?

Not only that, but according to poolpicker.eu it's average return is in line with other script pools for the last few weeks. Of course, all script pools are doing crap now... But my point is that middlecoin is supposedly doing it with both hands tied behind it's back.

How can it do that?

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phzi
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July 22, 2014, 10:41:27 PM
 #10700

The general conciseness seems to be that Middlecoin is just running all by itself with no one in charge or maintaining it. So, miners should beware.

This raises all sorts of questions for me. Like, why? And, how can it keep running at all?

Not only that, but according to poolpicker.eu it's average return is in line with other script pools for the last few weeks. Of course, all script pools are doing crap now... But my point is that middlecoin is supposedly doing it with both hands tied behind it's back.

How can it do that?

Simple - mine the site is mining the same old coins it has always had, like litecoin and dogecoin...  The difference in profitiability between scrypt coins is so small now because of predominant multi-pool mining, that even if Middlecoin was only mining litecoin, it would be somewhat close to other pools.

However, you're absolutely nuts if you're still pointing hash at this pool.

Try:
WafflePool.com
or
CleverMining.com
or
heck, just mine some Litecoins.
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