[ANN] profit switching auto-exchanging pool - www.middlecoin.com - page 314.

jorgb

newbie

Activity: 42

Merit: 0

Quote from: corsaro on January 06, 2014, 12:22:16 PM

Quote from: Chello on January 06, 2014, 12:17:08 PM

Quote from: sykal on January 06, 2014, 11:38:27 AM

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html

How are people hashing that much? Are these generally companies? I can't even imagine an individual with 500+ GPUs

This address is a bit suspect for me, each time visit middlecoins www he have more Mh

I think that only using at least 400-450 units of HD 7990 you can reach that hashing power.

He is for sure working in the factory and each day after work he takes one with him through the backdoor Tongue

corsaro

legendary

Activity: 1400

Merit: 1000

Quote from: Chello on January 06, 2014, 12:17:08 PM

Quote from: sykal on January 06, 2014, 11:38:27 AM

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html

How are people hashing that much? Are these generally companies? I can't even imagine an individual with 500+ GPUs

This address is a bit suspect for me, each time visit middlecoins www he have more Mh

I think that only using at least 400-450 units of HD 7990 you can reach that hashing power.

Chello

member

Activity: 64

Merit: 10

Quote from: sykal on January 06, 2014, 11:38:27 AM

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html

How are people hashing that much? Are these generally companies? I can't even imagine an individual with 500+ GPUs

This address is a bit suspect for me, each time visit middlecoins www he have more Mh

corsaro

legendary

Activity: 1400

Merit: 1000

the moon

Whagwan

newbie

Activity: 35

Merit: 0

The EU server is currently just pointed at the US server, however I am getting very good results (2% rejects, no GW failures) from the UK with a ping of around 210ms...

jimprofit99

newbie

Activity: 23

Merit: 0

Quote from: CaptainBeck on January 06, 2014, 10:12:10 AM

I'm sure there is good reason to be mining LTC. If you dont feel there is, doesnt take much work to redirect your miners to a different pool for a while.

Don't worry CaptainBeck, I will do it if it continues like that, cause soon what I'll get from the pool won't be able to cover my electricity bill. And by the way, let me remind you what the main page sells to the people mining here: "This pool automatically mines the most profitable scrypt coin". It's just being honest to recognize it's not true anymore.

I understand well that mining smaller coins may become difficult when it comes to sell them on a small market for a big pool, but other solutions than mining LTC must exist. Maybe that this pool just became a place for big miners, that's why many of us become unhappy with the results and start to say so.

xminerx

full member

Activity: 172

Merit: 100

quickest cross blockchain transactions

h2odyssee, could you let us know once the EU-server is back up again? And will it now switch coins like the US-server? Thanks in advance!

DontMineMe

newbie

Activity: 53

Merit: 0

Quote from: koldtoft on January 06, 2014, 05:08:26 AM

Middlecoin.com vs Multipool.us

I did a split test over 1 week to find out which was the most profitable pool. I pointed 1.800 Khash on each pool (100% identical hardware) and started them at the same time.
(a test should be done over a few months, but I wanted max profit now, so I only did 1 week)

On middlecoin.com it's very easy and simple, and no setup is required at all. However there is less control and much less information available.

On multipool.us I set up an account on Cryptsy and set every alt coin to auto payout to cryptsy. Then I set cryptsy to auto exchange every alt coin to bitcoin as soon as they came in, so this should give more

Middlecoin.com

7 days of mining with 1800 Khash

Paid out: 0.11560480
Remaining balance: 0.00032817
Unexchanged: 0.0096669
Immature: 0.00451747
Total: 0.13011944 (of which 0.01451465 have not yet been paid when I made this post, and also it may not all be paid depending on immature/unexchanged behavior)

Link 1: http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/134DF3buwjU9LJLaucYBN1XbDwTDHdESAJ.html
Link 2: http://blockchain.info/address/134DF3buwjU9LJLaucYBN1XbDwTDHdESAJ

Multipool.us

7 days of mining with 1800 Khash

Paid out: 0.09583497
Remaining balance: 0
Unexchanged: 0,0010403
Immature: 0
Total: 0.09687517 (of which 0.0096669 is stuck in minor bit's of alt coin that cryptsy won't exchange before there is 1.0 of that alt coin)

Note: Keep in mind that cryptsy have a 0.00050000 BTC fee for bitcoin withdrawl, regardless of how little/much you take it. So if you wan't to take out BTC to your wallet every day, this would come to allot. If you feel safe holding lots of bitcoins in an altcoin exchange, that's less of an issue. (I personally don't like holding bitcoins in altcoin exchanges as they are highly vulnerable to 51% alt coin attacks as far as I understand it)

Link: I have no link for this, since money held in an exchange, does not have a public address. (or any unique address at all)

In conclusion, I pointed all my miners on middlecoin.com after this test.

Thanks for sharing your hard work. Now if I hear one more time that H2O integrity in question, I will lose it Shocked

He is making profit because he work his tail off when other pools are either down,hacked or otherwise plane unprofitable in comparison. So nock it off people.

Mikk36

newbie

Activity: 12

Merit: 0

Quote from: LPCobris on January 06, 2014, 01:24:00 AM

Quote from: ?? on ??

Quote from: Shaban on January 05, 2014, 10:18:34 PM

I'm sorry, I missed it, but did anyone see how much the pool balance was before they payout? The graph shows over 140BTC, but the payout transaction said 107BTC were paid out.

Also, at 5,000mhs, we were averaging around 100-120 BTC/day now with 10,000mhs, shouldn't we be averaging 200-240 BTC/day?

Just H2O stealing more coins. No big deal. Since some of you guys said you're OK with 5-10% fee, I'm sure he's going ahead and taking it

Come on...

Lets wait for the H2O explanation before bashing more crap at him...
You are so sure about this... So lets see proof...

I see good results all around... you see a scammer...

Time will tell...

LPC

He did explain saying that it was a refund transaction.
This is what he meant by that: http://bitcoin.stackexchange.com/questions/9007/why-are-there-two-transaction-outputs-when-sending-to-one-address

sykal

member

Activity: 98

Merit: 10

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html

How are people hashing that much? Are these generally companies? I can't even imagine an individual with 500+ GPUs

LPCobris

full member

Activity: 129

Merit: 100

Quote from: drakoin on January 05, 2014, 11:26:11 PM

Quote from: LPCobris on January 05, 2014, 08:50:32 PM

Quote from: drakoin on January 05, 2014, 08:40:08 PM

I created an Excel file with the following columns:
--- SNIP ---
done. I see how much it is fluctuating. Not so much actually.
...
And all that goes into ONE LINE in Excel, because then the next line is just filling in the values, pulling a few calculation cells down - and the result is there.
...
Does this help?
Overanswered, I guess :-)

Whoa Drakoin!
That is deep!

Can you send me the file you made to see if i can make some order out of all this information stream?

I don´t really know an awfull a lot, but im learning (or at least trying!)...
Thanks in avance for the attention...
Best Regards,
LPC

Happy to help. Welcome to the strange&mesmerizing world of cryptocurrencies :-)
Myself, I got so much help here. This web based collaboration work is amazing.

And here is your answer. Overanswered again :-)
but I wanted to beautify the Excel sheet a bit, before I send it to you.

DOWNLOAD THE EXCEL SPREADSHEET HERE:
https://mega.co.nz/#!B9pzGY6K!coGgVCE260BII08hBnRWtE8At08GV-PqJ61v_kSY8c0

copy the whole line into your addressfield, the URL is not recognized in this forumsoftware???

Hi Drakoin!
Thanks for your reply!

Im going to see your file later on...
But thanks for helping me out (and others who will use it!)

This is a great comunity!

Wink

LPC

coin123123

sr. member

Activity: 252

Merit: 250

Quote from: CaptainBeck on January 06, 2014, 10:12:10 AM

I'm sure there is good reason to be mining LTC. If you dont feel there is, doesnt take much work to redirect your miners to a different pool for a while.

in not a "feel" its simple math

if you mine litecoin you get X btc,
if you mine other you get >X btc

as someone mentioned small coins can't be exchanged at high volume for btc without crashing meaning its more profitable to mine with smaller pool

safest way is to point rigs to different pools, but people with only one rig are making a bet on pool's owner which not always working well.
last week middlecoin was better profit than others but this week it is not possible unless others will start mining less profitable coins.

2RoyalSox

newbie

Activity: 20

Merit: 0

Quote from: envy2010 on January 06, 2014, 09:52:09 AM

Quote from: SimonG on January 06, 2014, 09:23:26 AM

Can someone explain why we're mining litecoins instead of other more profitable alt-coins?

LTC would show in cgminer with a diff of 3.37K or 221M, depending which version you have. I don't see that diff now, we seem to be switching between DOGE and CAT (17.3M and 6.45M).

Seems to be bouncing back between Chinacoin (3.08M), CAT, and LTC now...all the alts are doing shit right now by the looks of it Sad

CaptainBeck

full member

Activity: 168

Merit: 100

I'm sure there is good reason to be mining LTC. If you dont feel there is, doesnt take much work to redirect your miners to a different pool for a while.

jimprofit99

newbie

Activity: 23

Merit: 0

Quote from: envy2010 on January 06, 2014, 09:52:09 AM

Quote from: SimonG on January 06, 2014, 09:23:26 AM

Can someone explain why we're mining litecoins instead of other more profitable alt-coins?

LTC would show in cgminer with a diff of 3.37K or 221M, depending which version you have. I don't see that diff now, we seem to be switching between DOGE and CAT (17.3M and 6.45M).

We switched to LTC a couple of time today... and we are presently mining LTC :-(

aclass

sr. member

Activity: 381

Merit: 251

50-60ms is OK, 100ms is starting to go a bit slow, 200ms is still usable, 300ms stales will climb some more
If you are in the EU you can just point your miners to eu. and it will auto-switch when that host is pointed back to the EU server

Quote from: eric89 on January 06, 2014, 09:13:32 AM

Quote from: xminerx on January 06, 2014, 08:42:54 AM

By the way, if you're connecting to the EU-server right now, you're actually connecting to the US-server. h2odyssee said so a couple of hours back. Try pinging eu.middlecoin.com. You'll find the same latency as with middlecoin.com.

What's a good latency?

I'm getting 240ms!

Doesn't seem too good.

envy2010

full member

Activity: 168

Merit: 100

Quote from: SimonG on January 06, 2014, 09:23:26 AM

Can someone explain why we're mining litecoins instead of other more profitable alt-coins?

LTC would show in cgminer with a diff of 3.37K or 221M, depending which version you have. I don't see that diff now, we seem to be switching between DOGE and CAT (17.3M and 6.45M).

jingguantian

member

Activity: 84

Merit: 10

I have not receive coin

2RoyalSox

newbie

Activity: 20

Merit: 0

Quote from: SimonG on January 06, 2014, 09:23:26 AM

Can someone explain why we're mining litecoins instead of other more profitable alt-coins?

pool is to big to mine alt coins and sell without crashing them to zero.

SimonG

member

Activity: 84

Merit: 10

Can someone explain why we're mining litecoins instead of other more profitable alt-coins?

Topic: [ANN] profit switching auto-exchanging pool - www.middlecoin.com - page 314. (Read 829908 times)