My unexchanged balance is basically the same as yesterday. Maybe .01 less or so.
The red graph has more of an upward trajectory unlike yesterday where it was a constant 30 degree tilt.
Topic: [ANN] profit switching auto-exchanging pool - www.middlecoin.com - page 302. (Read 829922 times)
January 07, 2014, 04:26:20 PM
January 07, 2014, 04:26:16 PM
Can someone explain why mt gox has higher price of bitcoin while everyone else are lower?
Didn't they already explain this to you multiple times in this thread? Even though this isn't the thread for that.
It's extremely hard to get verified to use Mt. Gox, so that means it's very hard to get money out of Mt. Gox. The price stays higher than other exchanges because a lot of people have money trapped there.
January 07, 2014, 04:26:00 PM
I've lost up to 3 days of mining due to recent bitcoin crash. Still waiting to get verified on mt gox. Their customer support are awful, not even answering.
why would you even try to use mt. gox. you will never get your money out.
Highest bitcoin price, why not? Coinbase is US withdraw only and BTC-E is chinese.
Gox is priced in monopoly money. You can't get real cash out.
BTC-e is Russian by the way. For cashing out Bitstamp is really good. Forget about Gox prices, they are high for a reason (trapped money)
This pretty much covers it, its next to impossible to get money out of Mt.Gox so the price of BTC is artificially inflated compared to the other exchanges.
January 07, 2014, 04:24:36 PM
Today's payout is looking a hell of a lot better than yesterday. Should come close to doubling yesterday which is great!
I don't know how you're seeing double the profits from yesterday. I'm at .053 so far today and yesterday I got paid .048. Yesterday I had .03 unexchanged, and today I have .022. At this rate, I'll probably end up getting paid about .062. Not double, but more than yesterday (and more than mining LTC straight!!)
January 07, 2014, 04:21:35 PM
Can someone explain why mt gox has higher price of bitcoin while everyone else are lower?
January 07, 2014, 04:21:26 PM
Today's payout is looking a hell of a lot better than yesterday. Should come close to doubling yesterday which is great!
How much of that is due to decrease in unexchanged balance? I have half the unexchanged balance I ended with yesterday, which makes my balance look better.
I still have more then 50% of confirmed in unexchanged - http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/1M9B8YxAXRLzSR3J74kZe8uA18ZCQGZFCh.html
January 07, 2014, 04:21:04 PM
Today's payout is looking a hell of a lot better than yesterday. Should come close to doubling yesterday which is great!
So that means it's back to normal?
yes it did today, hovering at $816 right now.
yesterday bitcoin was close to 1000, and we made fewer bitcoins that had more value. today we make more bitcoins but with less value.
January 07, 2014, 04:18:16 PM
Today's payout is looking a hell of a lot better than yesterday. Should come close to doubling yesterday which is great!
How much of that is due to decrease in unexchanged balance? I have half the unexchanged balance I ended with yesterday, which makes my balance look better.
January 07, 2014, 04:17:49 PM
Today's payout is looking a hell of a lot better than yesterday. Should come close to doubling yesterday which is great!
So that means it's back to normal?
January 07, 2014, 04:02:46 PM
Today's payout is looking a hell of a lot better than yesterday. Should come close to doubling yesterday which is great!
January 07, 2014, 03:56:44 PM
I've lost up to 3 days of mining due to recent bitcoin crash. Still waiting to get verified on mt gox. Their customer support are awful, not even answering.
why would you even try to use mt. gox. you will never get your money out.
Highest bitcoin price, why not? Coinbase is US withdraw only and BTC-E is chinese.
Gox is priced in monopoly money. You can't get real cash out.
BTC-e is Russian by the way. For cashing out Bitstamp is really good. Forget about Gox prices, they are high for a reason (trapped money)
January 07, 2014, 03:52:32 PM
Well this sucks. Went from 860 to 800 WU on the Singapore server, while I slept.
What gives?
What gives?
January 07, 2014, 03:23:34 PM
I've lost up to 3 days of mining due to recent bitcoin crash. Still waiting to get verified on mt gox. Their customer support are awful, not even answering.
why would you even try to use mt. gox. you will never get your money out.
Highest bitcoin price, why not? Coinbase is US withdraw only and BTC-E is chinese.
Why not? You will never get your money! That's also why the price is so high.
Quote
Their customer support are awful, not even answering.
reason number 2 for why not. January 07, 2014, 03:23:05 PM
Looking like a good pay day today if that unexchanged makes through.
January 07, 2014, 03:08:11 PM
It looks like we're hopping back and forth between litecoin & dogecoin every couple of minutes (sometimes every few seconds)
Thanks!
Wish we would mine CMC, CIN, ANC, WDC and NEC rather than LTC! If I wanted to mine LTC I would go to an LTC pool. If you're worried about 51% a specific coin, then split up the hashing power between a couple different coins
Those coins are only profitable because of their low difficulty. The most profitable coins right now have difficulties of 2-4. Image just moving a little but of Middlecoin over, you will increase the difficulty a lot and the amount of coins you get = less than before = less profitable.
The problem with splitting to different pools is how do you determine who gets paid what? I think it is pretty easy to just pay people what their hash power deserves but I don't know how difficult that would be to build.
We are sticking to doge coin, lite coin, feather coin and world coin because we can move around and not increase the difficulty too much.
Maybe I'm wrong.
Anyway, pool has been great and h20 does a great job. To all the people complaining about the 90 btc that was transferred out, how do we know it isn't an accumulation of h20's fees?
How often does the difficulty on those coins go up? If we mine it for 5-10 minutes while it's most profitable then switch coins, it shouldn't be a problem. Changing most profitable coins every 5-10 minutes won't effect the difficulty too much (if they don't difficulty every minute).
January 07, 2014, 02:53:06 PM
If you're in EU : kraken.com gives you SEPA withdrawal for only 0.09 Eur (fixed price) per withdrawal.
Oh and for everyone : they also have a very nifty trading platform, read up on 'trailing stop' orders and use them to ride an upward trend.
Oh and for everyone : they also have a very nifty trading platform, read up on 'trailing stop' orders and use them to ride an upward trend.
January 07, 2014, 02:48:30 PM
I've lost up to 3 days of mining due to recent bitcoin crash. Still waiting to get verified on mt gox. Their customer support are awful, not even answering.
why would you even try to use mt. gox. you will never get your money out.
Highest bitcoin price, why not? Coinbase is US withdraw only and BTC-E is chinese.
What do you mean by withdraw only? You can buy/sell bitcoin there.
January 07, 2014, 02:47:04 PM
cgminer 3.5.0
To quote from the appropriate forum : due to the "feature" added in 3.5.1 of waiting for 5 minutes of stability before switching back from failover events which drops profitability on coins that are only mined a few minutes
To quote from the appropriate forum : due to the "feature" added in 3.5.1 of waiting for 5 minutes of stability before switching back from failover events which drops profitability on coins that are only mined a few minutes
January 07, 2014, 02:46:08 PM
I've lost up to 3 days of mining due to recent bitcoin crash. Still waiting to get verified on mt gox. Their customer support are awful, not even answering.
why would you even try to use mt. gox. you will never get your money out.
Highest bitcoin price, why not? Coinbase is US withdraw only and BTC-E is chinese.
January 07, 2014, 02:42:54 PM
I've lost up to 3 days of mining due to recent bitcoin crash. Still waiting to get verified on mt gox. Their customer support are awful, not even answering.
why would you even try to use mt. gox. you will never get your money out.
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