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Author Topic: [ANN] profit switching auto-exchanging pool - www.middlecoin.com  (Read 829960 times)
coinGeek
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July 24, 2014, 07:49:25 PM
 #10701

After a little study, I think Middlecoin is still working and paying out. I do think it deserves a warning label and I'll leave one on the graphs for now.

If anyone can show me an example of users who are hashing on Middlecoin and not making something like LTC level returns, point them out to me and I'll make the message stronger.

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andromeda66
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July 27, 2014, 09:54:25 AM
 #10702




Caution!

Beware of Middlecoin.com!!!
Strange issues are going on and the pool didnt pay out!
Dont put your miners here you wont get paid!


It is true that strange things have been going on for a while. Just read back in this thread. The owner has seemed to stop maintaining the pool and dropped out of sight for some reason.

People are getting paid though. Just doing a quick look around I can't find anyone who had a balance over .01 who didn't get paid last night. So that part isn't true. It does look like everyone is running a high unexchanged, so some coins aren't being sold for some reason.

Like I said yesterday, If it's broken if will be interesting to see if anyone fixes if.




When your balance stuck in "unexchanged" and dont move to "balance" this will cause a "No Payout"....the result is same for me....so we have to warn the miners that there is no garantie that an "unexchanged balance" moves to balance and will be paid out automatically....maybe a massive drop in hashpower kicks someones ass out of his hole or from the beach  ;-)
unamis76
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July 27, 2014, 11:22:27 AM
 #10703

The pool does payout, you just have to wait a lot of time. A few months ago I mined my balance out, and I eventually got paid.

People who are still mining here either forgot their rig, are newbies that are just finding out about this now and don't have an account here, or people who simply don't care, there's no need for warnings...
andromeda66
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July 27, 2014, 03:11:07 PM
 #10704

The pool does payout, you just have to wait a lot of time. A few months ago I mined my balance out, and I eventually got paid.

People who are still mining here either forgot their rig, are newbies that are just finding out about this now and don't have an account here, or people who simply don't care, there's no need for warnings...



I dont think so. If the pool have serious issues wherever they belong, people have to know about if there is a need or not.....for example i need my unpaid balance now and not
in a few month and that there is no one who takes care makes me angry and people should know that!!!  Angry
unamis76
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July 27, 2014, 04:54:12 PM
 #10705

The pool does payout, you just have to wait a lot of time. A few months ago I mined my balance out, and I eventually got paid.

People who are still mining here either forgot their rig, are newbies that are just finding out about this now and don't have an account here, or people who simply don't care, there's no need for warnings...



I dont think so. If the pool have serious issues wherever they belong, people have to know about if there is a need or not.....for example i need my unpaid balance now and not
in a few month and that there is no one who takes care makes me angry and people should know that!!!  Angry

On May 14th (or even way before) if you came to this thread, you could see this pool was in autopilot. You should relax. No need to post in big red letters, everyone knows what's up. Being angry won't make anyone pay you. Just find a new pool, as everyone here did.
coinGeek
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July 27, 2014, 05:08:30 PM
Last edit: July 27, 2014, 05:56:50 PM by coinGeek
 #10706

The pool does payout, you just have to wait a lot of time. A few months ago I mined my balance out, and I eventually got paid.

People who are still mining here either forgot their rig, are newbies that are just finding out about this now and don't have an account here, or people who simply don't care, there's no need for warnings...



I dont think so. If the pool have serious issues wherever they belong, people have to know about if there is a need or not.....for example i need my unpaid balance now and not
in a few month and that there is no one who takes care makes me angry and people should know that!!!  Angry

If you look on the Middlecoin site at miners results you'll see that anyone who mines regularly is paid regularly and the results are more or less in line other script pools. If someone says that the pool doesn't pay they look silly to anyone who checks it out.

 

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v0n
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July 27, 2014, 07:29:34 PM
 #10707


If you look on the Middlecoin site at miners results you'll see that anyone who mines regularly is paid regularly and the results are more or less in line other script pools. If someone says that the pool doesn't pay they look silly to anyone who checks it out.
 

I think what the others are pointing out is that if the coins you mined today, at the moment, take several weeks to clear and trade, then you are only paid "regularly" because you bet on the pool long enough to get paid. Yet as nice as it might be (to be paid, regularly, eventually, if you wait long enough)  the payment issued in this fashion is neither truly "regular" nor of any use to anyone who mined with the pool for today's prices.

Miners today hash for earnings and earnings only, any pool is only as good as today's payment and any pool that requires some sort of pledge of loyalty long term before those earnings are released is neither good for the miners wallet nor should it be actively popularized or encouraged to join.

Scenario where middlecoin payments are incidentally delayed due to automatic systems failing and exchange/payments lagging is detrimental to miner and will result in losses.
Scenario where middlecoin payments are consciously delayed due to the system being designed to withhold exchanged payments in order to improve statistics in falling market by creating "lag" and issuing payments at last weeks levels is detrimental to miner and will result in losses.      
andromeda66
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July 29, 2014, 12:14:28 AM
 #10708

The pool does payout, you just have to wait a lot of time. A few months ago I mined my balance out, and I eventually got paid.

People who are still mining here either forgot their rig, are newbies that are just finding out about this now and don't have an account here, or people who simply don't care, there's no need for warnings...



I dont think so. If the pool have serious issues wherever they belong, people have to know about if there is a need or not.....for example i need my unpaid balance now and not
in a few month and that there is no one who takes care makes me angry and people should know that!!!  Angry

On May 14th (or even way before) if you came to this thread, you could see this pool was in autopilot. You should relax. No need to post in big red letters, everyone knows what's up. Being angry won't make anyone pay you. Just find a new pool, as everyone here did.

When new miners come to this thread and wants to inform themselves
about the pool and its benefits it seems right to me to warn each one to mine here.
If  you already knew good for you but pls spread your wisdom somewhere else.
I like clean business and took care that middlecoin disappear from poolpicker.
If you only take care to yourselve go on with your live and may stay happy.

Dont mine here...you may wont get pay or with great delay!
coinGeek
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July 29, 2014, 12:57:10 AM
 #10709


When new miners come to this thread and wants to inform themselves
about the pool and its benefits it seems right to me to warn each one to mine here.
If  you already knew good for you but pls spread your wisdom somewhere else.
I like clean business and took care that middlecoin disappear from poolpicker.
If you only take care to yourselve go on with your live and may stay happy.

...


You got Middlecoin off poolpicker by saying something that isn't true, so that's nothing to be proud of.

The last time it was on poolpicker it had the highest average return over the previous two weeks. I don't think poolpicker is totally accurate, but it is true that Middlecoin has returns in the same range as the other script pools. (Which these days means not very good Wink)


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andromeda66
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July 29, 2014, 05:51:25 AM
 #10710

Quote from: coinGeek link=topic=259649.msg8077084#msg807un7084 date=1406595430

When new miners come to this thread and wants to inform themselves
about the pool and its benefits it seems right to me to warn each one to mine here.
If  you already knew good for you but pls spread your wisdom somewhere else.
I like clean business and took care that middlecoin disappear from poolpicker.
If you only take care to yourselve go on with your live and may stay happy.

...


You got Middlecoin off poolpicker by saying something that isn't true, so that's nothing to be proud of.

The last time it was on poolpicker it had the highest average return over the previous two weeks. I don't think poolpicker is totally accurate, but it is true that Middlecoin has returns in the same range as the other script pools. (Which these days means not very good Wink)



What do you mean when you say "saying something that isnt true"..?..i got no cash out for about nearly two weeks now.

How would you name that? Middlecoin didnt pay me out. Got that?
And i am proud of nothing just preventing new miners from running into this.
Thanks for your attention!
coinGeek
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July 29, 2014, 04:21:46 PM
Last edit: July 30, 2014, 05:34:59 PM by coinGeek
 #10711

Quote from: coinGeek link=topic=259649.msg8077084#msg807un7084 date=1406595430

When new miners come to this thread and wants to inform themselves
about the pool and its benefits it seems right to me to warn each one to mine here.
If  you already knew good for you but pls spread your wisdom somewhere else.
I like clean business and took care that middlecoin disappear from poolpicker.
If you only take care to yourselve go on with your live and may stay happy.

...


You got Middlecoin off poolpicker by saying something that isn't true, so that's nothing to be proud of.

The last time it was on poolpicker it had the highest average return over the previous two weeks. I don't think poolpicker is totally accurate, but it is true that Middlecoin has returns in the same range as the other script pools. (Which these days means not very good Wink)



What do you mean when you say "saying something that isnt true"..?..i got no cash out for about nearly two weeks now.

How would you name that? Middlecoin didnt pay me out. Got that?
And i am proud of nothing just preventing new miners from running into this.
Thanks for your attention!

You said the pool doesn't pay but when I look I can't find any active miners who don't get paid. You stopped mining before your balance was high enough to be paid. See the difference?

It sounds like you have some unexchanged coins that are not selling fast. If you look at the table it says "Unexchanged Balance (estimated BTC)". "Estimated" because the value of the coins is unknown until they can be sold. They could have lost or gained value. They might be slow to sell or never sell.

What's your balance now? Is it going up?



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andromeda66
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July 30, 2014, 08:32:13 PM
 #10712

Quote from: coinGeek link=topic=259649.msg8077084#msg807un7084 date=1406595430

When new miners come to this thread and wants to inform themselves
about the pool and its benefits it seems right to me to warn each one to mine here.
If  you already knew good for you but pls spread your wisdom somewhere else.
I like clean business and took care that middlecoin disappear from poolpicker.
If you only take care to yourselve go on with your live and may stay happy.

...


You got Middlecoin off poolpicker by saying something that isn't true, so that's nothing to be proud of.

The last time it was on poolpicker it had the highest average return over the previous two weeks. I don't think poolpicker is totally accurate, but it is true that Middlecoin has returns in the same range as the other script pools. (Which these days means not very good Wink)



What do you mean when you say "saying something that isnt true"..?..i got no cash out for about nearly two weeks now.

How would you name that? Middlecoin didnt pay me out. Got that?
And i am proud of nothing just preventing new miners from running into this.
Thanks for your attention!

You said the pool doesn't pay but when I look I can't find any active miners who don't get paid. You stopped mining before your balance was high enough to be paid. See the difference?

It sounds like you have some unexchanged coins that are not selling fast. If you look at the table it says "Unexchanged Balance (estimated BTC)". "Estimated" because the value of the coins is unknown until they can be sold. They could have lost or gained value. They might be slow to sell or never sell.

What's your balance now? Is it going up?





Are you kidding me?
I know the diff. between "unexchanged balance" and "balance" very well. My balance isnt going up because my coins stuck in "unexchanged balance" not "estimated unexchanged".
Got this? And when they will never move to "balance", i´ll never get paid out. Did you understand that? I will not get paid out!
And i think i am not the only one, aint i?
coinGeek
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July 31, 2014, 05:52:43 PM
 #10713

It looks like the pool didn't pay out last night so I put this message on the graphs

WARNING!

This pool seems to be unmaintained and broken!

Use extreme caution before mining here.

If this message is wrong PM coinGeek on bitcointalk.org


Post or PM me if you have any information or questions. And yes, you can say I told you so!

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unamis76
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July 31, 2014, 06:43:33 PM
 #10714

It looks like the pool didn't pay out last night so I put this message on the graphs

WARNING!

This pool seems to be unmaintained and broken!

Use extreme caution before mining here.

If this message is wrong PM coinGeek on bitcointalk.org


Post or PM me if you have any information or questions. And yes, you can say I told you so!


Middlestats has a similar message for quite some time too Smiley
BombaUcigasa
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July 31, 2014, 07:46:15 PM
 #10715

It's over people, stop your miners. May humanity treat h2odysee well, as he had good intentions but bad business management.
andromeda66
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July 31, 2014, 08:58:43 PM
 #10716

It looks like the pool didn't pay out last night so I put this message on the graphs

WARNING!

This pool seems to be unmaintained and broken!

Use extreme caution before mining here.

If this message is wrong PM coinGeek on bitcointalk.org


Post or PM me if you have any information or questions. And yes, you can say I told you so!


Told ya so   Grin
coinGeek
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August 01, 2014, 01:39:51 AM
 #10717

It's over people, stop your miners. May humanity treat h2odysee well, as he had good intentions but bad business management.

Amen brother.

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Sophokles
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August 02, 2014, 08:26:55 AM
 #10718

It's over people, stop your miners. May humanity treat h2odysee well, as he had good intentions but bad business management.

Guess he was rich enough to retire. Just couldn't bother turning off the pool server. Anyway,he was the first to successfully implement  a multi pool,  so kudos to that.
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August 02, 2014, 10:53:51 AM
 #10719

Officially closed.

https://twitter.com/middlecoinpool/status/495494802784268288

Quote
The pool is now shut down.
vm_mpn
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August 02, 2014, 11:11:00 AM
 #10720

Officially closed.

https://twitter.com/middlecoinpool/status/495494802784268288

Quote
The pool is now shut down.

Tonight, I wanna cry... Those were good old days  Smiley
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