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Topic: [ANN] profit switching auto-exchanging pool - www.middlecoin.com - page 205. (Read 829908 times)

sr. member
Activity: 518
Merit: 251
LOL!!!  If he reads this thread, h2o must shake his head in wonder . . . that or laugh his ass off at all the silly comments from those who can't do what he's doing so successfully, yet feel it incumbent upon themselves to complain about the way he's doing it.
sr. member
Activity: 378
Merit: 250
from his posting history (almost all in middlecoin thread, btw) SimonG's complants are about his server farm of 1.5 mhash.  he drones louder than he could ever mine.  

SimonG's donation address from when he was begging for tech support in this thread:  http://www.middlecoin.com/reports/12H4mX2JoPUFkTTbWHadDkCfs9CrETkpnD.html

Anyone how much money you can earn per day with 1500 Kh/s avarage? According to my own calculations its about 20$. Shouldnt it be more?

ignore this blowhard taking up thread space to bitch and moan about a single computer in his mom's basement, making $20/day.



SimonG is still mining on middlecoin. What a shameless idiot.

http://www.middlecoin.com/reports/12H4mX2JoPUFkTTbWHadDkCfs9CrETkpnD.html


Lol. He's even getting a really good constant payout with that little baby rig!
legendary
Activity: 1372
Merit: 1005
Why Unexchanged Balance  so big  Huh
newbie
Activity: 14
Merit: 0

Excuse me, did I offend you? I'm good with middlecoin pool and the performance sofar. I haven't seen the unexchanged amount reaching up to 1 days mining revenue before. That is concerning since the liquidity isn't so high on altcoins. Let's say keeping around 25% of daily revenue for trade is fine and reasonable. Its a miningpool with trading and not a tradingpool that also happens to be mining.

This pool is abut H2O's trading magic.  He is able to make it more profitable by trading the coins, not just auto-exchanging them.  We are paying H2O 3% to work his magic, and he seems to be able to do it consistently.   Again if you want to be in control of the the trading, you can do so by joining another pool that meets your requirements.  The rest of us are here because H2O is making us money with his trading strategy.

Read the name of this thread. Why are you keep shitting people off and try to get them go mining somewhere else. I'll think most people writing in this thread is because they love this pool. But  that doesn't mean everything is perfect. Because we all assume he reads this thread most of us just want to leave a little advice to make even more money on the long run.
newbie
Activity: 22
Merit: 0
Pretty much what the others have said. H20 charges the fee he does because of the magic he's able to work.

Though I will admit that he definitely needs help with his database. I've been at Middlecoin since early December when it was hovering around 4 GH/s. In just a little over a month, the pool's hashrate has nearly quadrupled. A database that isn't setup for that kind of a monstrous increase -- it still seems to increase by 1 GH/s every few days or so -- is surely to cause problems, and I can imagine that it'll only get worse as the hash increases.

All that being said, I've already seen him work with a few people on Twitter to get it sorted out. I'm sure he's still working on it. The fact that this pool has run as smooth as it has despite the hashrate nearly quadrupling is pretty impressive.
full member
Activity: 140
Merit: 100
from his posting history (almost all in middlecoin thread, btw) SimonG's complants are about his server farm of 1.5 mhash.  he drones louder than he could ever mine.  

SimonG's donation address from when he was begging for tech support in this thread:  http://www.middlecoin.com/reports/12H4mX2JoPUFkTTbWHadDkCfs9CrETkpnD.html

Anyone how much money you can earn per day with 1500 Kh/s avarage? According to my own calculations its about 20$. Shouldnt it be more?

ignore this blowhard taking up thread space to bitch and moan about a single computer in his mom's basement, making $20/day.



SimonG is still mining on middlecoin. What a shameless idiot.

http://www.middlecoin.com/reports/12H4mX2JoPUFkTTbWHadDkCfs9CrETkpnD.html


hahaha. this thread is like a soap opera.
sr. member
Activity: 420
Merit: 263
let's make a deal.
h2o's real name is . . . Dr. Evil-er
Altcoins quake in their boots at mere mention of his name.
full member
Activity: 238
Merit: 100

Excuse me, did I offend you? I'm good with middlecoin pool and the performance sofar. I haven't seen the unexchanged amount reaching up to 1 days mining revenue before. That is concerning since the liquidity isn't so high on altcoins. Let's say keeping around 25% of daily revenue for trade is fine and reasonable. Its a miningpool with trading and not a tradingpool that also happens to be mining.

This pool is abut H2O's trading magic.  He is able to make it more profitable by trading the coins, not just auto-exchanging them.  We are paying H2O 3% to work his magic, and he seems to be able to do it consistently.   Again if you want to be in control of the the trading, you can do so by joining another pool that meets your requirements.  The rest of us are here because H2O is making us money with his trading strategy.
hero member
Activity: 1274
Merit: 556
If he is a good algo trader, it will be the reason why he hasn't sold the unexchanged balance just yet... It's because his systems are "riding the wave". Doge is just on fire at the moment so his trading software is waiting and waiting... I just hope it'll be quick enough when the trend reverses.
sr. member
Activity: 518
Merit: 251
The fact that h2o can somehow move huge amounts of coins and still give us good payouts says all it needs to say.
Yep.  No doubt about it.  What he's actually doing is KEEPING ALL of those coins we mine and paying us out of his own secret BTC stash.

See h2o is actually head of a syndicate of wealthy bankers intent on buying up all the alt-coins in the universe, then they'll crash BTC control the world.

h2o's real name is . . . Dr. Evil-er
newbie
Activity: 14
Merit: 0
from his posting history (almost all in middlecoin thread, btw) SimonG's complants are about his server farm of 1.5 mhash.  he drones louder than he could ever mine.  

SimonG's donation address from when he was begging for tech support in this thread:  http://www.middlecoin.com/reports/12H4mX2JoPUFkTTbWHadDkCfs9CrETkpnD.html

Anyone how much money you can earn per day with 1500 Kh/s avarage? According to my own calculations its about 20$. Shouldnt it be more?

ignore this blowhard taking up thread space to bitch and moan about a single computer in his mom's basement, making $20/day.



SimonG is still mining on middlecoin. What a shameless idiot.

http://www.middlecoin.com/reports/12H4mX2JoPUFkTTbWHadDkCfs9CrETkpnD.html
newbie
Activity: 53
Merit: 0
The fact that h2o can somehow move huge amounts of coins and still give us good payouts says all it needs to say.

agreed.  The pool pays out once a day anyway why do you want to micromanage the strategy if the returns are good?  i can see wanting to change it up and improve if the returns are lower than other places.  So far I have experienced higher than 0.012 most days.
newbie
Activity: 27
Merit: 0
So do it yourself, make a better pool, and we will switch to that. I'm working on having one made, I'm not a software dev myself, but I know a lot of really good ones. Unfortunately, this really isn't that much money for the amount of work and hassle it will be. You guys that keep posting about his making $3000 a day really aren't accounting for costs.

The costs aren't 3K a day I can tell you that.  He's looking at maybe 10K a month max including all the servers he has in the different AZ's.  h20 has some trading magic that others (including myself, wafflepool, hashcows, trademybit, etc) cannot replicate.  This is his secret sauce.  This is why he gets 3%.  I don't want to build a new pool, I just want to make middlecoin suck less.
newbie
Activity: 33
Merit: 0
What is desperately needed here is indexing. shares.time should have an index, to avoid a table scan.

Actually shares.time is indexed already.  Actually the table is over-indexed for such high transaction velocity.  He needs help.  I've offered my services via 3 days ago during the previous incident, no reply.  I do this for a living and would appreciate a little more professionalism put into the backend.

So do it yourself, make a better pool, and we will switch to that. I'm working on having one made, I'm not a software dev myself, but I know a lot of really good ones. Unfortunately, this really isn't that much money for the amount of work and hassle it will be. You guys that keep posting about his making $3000 a day really aren't accounting for costs.
You could try out Multicoin https://bitcointalksearch.org/topic/ann-multicoin-beta-auto-profitability-coin-switch-pool-396063 . Tongue

Advertising aside, I see how h20 is having trouble managing a lot of it, as it is fast paced especially with the amount of hashrate he has.
Lots of coins being thrown around.

I think he was and still is doing a good job keeping everything running.
sr. member
Activity: 378
Merit: 250
The fact that h2o can somehow move huge amounts of coins and still give us good payouts says all it needs to say.
newbie
Activity: 14
Merit: 0
from his posting history (almost all in middlecoin thread, btw) SimonG's complants are about his server farm of 1.5 mhash.  he drones louder than he could ever mine.  

SimonG's donation address from when he was begging for tech support in this thread:  http://www.middlecoin.com/reports/12H4mX2JoPUFkTTbWHadDkCfs9CrETkpnD.html

Anyone how much money you can earn per day with 1500 Kh/s avarage? According to my own calculations its about 20$. Shouldnt it be more?

ignore this blowhard taking up thread space to bitch and moan about a single computer in his mom's basement, making $20/day.



+1 haha

Anyway, I'm not sure this is posted before, but I think a large part of the unexchanged fund is in dogecoin and the value in BTC jumped up a lot, while the balance is still going up.

I would prefer if it will be exchanged ASAP instead of keeping it unexchanged, so miners can decide self what to do. I'm build my rig for mining and like to keep it that way. If I want to trade, I would like to make my own decisions.


Then why are you here?  Go mine DOGE on some other pool if you want to make your own trading decisions. The whole point of this pool is that H2O will make trading decisions for us and make more profit then just straight sell.

Excuse me, did I offend you? I'm good with middlecoin pool and the performance sofar. I haven't seen the unexchanged amount reaching up to 1 days mining revenue before. That is concerning since the liquidity isn't so high on altcoins. Let's say keeping around 25% of daily revenue for trade is fine and reasonable. Its a miningpool with trading and not a tradingpool that also happens to be mining.
legendary
Activity: 1052
Merit: 1004
 I do this for a living and would appreciate a little more professionalism put into the backend.

People should be more careful about what they put in their backend.

 Grin

On another topic,
I maybe wrong but I think there is going to be a lot of middlecoin users amazed with h2o trading skills around payout time  Cool
sr. member
Activity: 378
Merit: 250
What is desperately needed here is indexing. shares.time should have an index, to avoid a table scan.

Actually shares.time is indexed already.  Actually the table is over-indexed for such high transaction velocity.  He needs help.  I've offered my services via 3 days ago during the previous incident, no reply.  I do this for a living and would appreciate a little more professionalism put into the backend.

So do it yourself, make a better pool, and we will switch to that. I'm working on having one made, I'm not a software dev myself, but I know a lot of really good ones. Unfortunately, this really isn't that much money for the amount of work and hassle it will be. You guys that keep posting about his making $3000 a day really aren't accounting for costs.
member
Activity: 84
Merit: 10
 I do this for a living and would appreciate a little more professionalism put into the backend.

People should be more careful about what they put in their backend.
full member
Activity: 238
Merit: 100
from his posting history (almost all in middlecoin thread, btw) SimonG's complants are about his server farm of 1.5 mhash.  he drones louder than he could ever mine.  

SimonG's donation address from when he was begging for tech support in this thread:  http://www.middlecoin.com/reports/12H4mX2JoPUFkTTbWHadDkCfs9CrETkpnD.html

Anyone how much money you can earn per day with 1500 Kh/s avarage? According to my own calculations its about 20$. Shouldnt it be more?

ignore this blowhard taking up thread space to bitch and moan about a single computer in his mom's basement, making $20/day.



+1 haha

Anyway, I'm not sure this is posted before, but I think a large part of the unexchanged fund is in dogecoin and the value in BTC jumped up a lot, while the balance is still going up.

I would prefer if it will be exchanged ASAP instead of keeping it unexchanged, so miners can decide self what to do. I'm build my rig for mining and like to keep it that way. If I want to trade, I would like to make my own decisions.


Then why are you here?  Go mine DOGE on some other pool if you want to make your own trading decisions. The whole point of this pool is that H2O will make trading decisions for us and make more profit then just straight sell.
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