Topic: [ANN] profit switching auto-exchanging pool - www.middlecoin.com - page 324. (Read 829922 times)

Here's the proof that was private messaged to me that shows H2O is scamming and taking much higher than 3% fee:

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Here's the proof that was private messaged to me that shows H2O is scamming and taking much higher than 3% fee:



I've mentioned to someone for a few weeks now that MiddleCoin is starting to have the earmarks of a pool scam, like ArsBitcoin and Bonus Pool have done.  (Look up threads on Burning Toad or Clipse for more info, or I can find the threads if you like...)

I see even more earmarks lately.

H2o can clearly run a pool.  But, suddenly, he seems to not be able to run a pool anymore.  Two servers even running completely different configs.  Clipse pulled this same stuff.
(Actually, i wouldn't be shocked if Clipse has returned as H2o, but I haven't investigated that possibility...)

Suddenly MiddleCoin isn't even mining the most profitable coin.

Ridiculous accusations you say?

Here's my typical farm on MiddleCoin:

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/1BAdzvknPux2zqG2eNawvgitCW1aqwE4bb.html

Here's a rig pointed the past week or so at MiddleCoin, but sneakily using a different wallet (nothing wrong with this, but I wanted to see if the two graphs would differ):

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/137Y2XKQH9qHRDPL5dBNq7xUL3XSeL9uPg.html

As you can see, in the past few days they really look different.

My farm's unexchanged is actually going down (after H2o "fixed" some DB error whatever), while the single rig is going up.

Look at the previous days' graphs, they all look similar.  Until the past few days, and the past 24 hrs especially.

I did this split rig deal as my graphs were looking quite different from the pool's total graph.  Unexchanged was going up, while mine would flatline.

And yup, move a rig to a different wallet address, suddenly it looks better.

New wallet?  Give it a better payout.  Bait them to stay, make them think higher payouts will come.  Then lower them cleverly after a few weeks.

Seen this before.  And I'm seeing it again.

It's a scam pool.  Same people defending it tooth and nail right now will be the same ones crying foul when H2o splits with hundreds of BTC (which by the end of the yr, will be valued at millions $ or so...)

I just got this spat at me by the EU server:

a bunch of rejects
rejected (Job 'DOG_a2' not found)

DOG?  Isn't it on LTC? That's what H2O said he switched it to

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/18YXY35z1HgMoKqBFgiShGuqnhR7zdwwC6.html

That guy a crap-ton of hashing power (150,000 hash rate) Obviously he knew it was time to leave.
(and his graphs look like my farm, instead of like my single rig/pool graph.  His mining wasn't following what the pool was saying either)

Actually it's a PUBLIC pool. There's no registration like private pools.

Actually it's a PUBLIC pool. There's no registration like private pools.

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Running a pool is NOT very hard, I'm speaking from experience.
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I'm sick of this s***
I do not care who and where money get sent as long as the pool gives me good results. By that I mean better than direct LTC mining.
As someone said ... this is a private pool. If you want transparency .... make your own pool. If you want to know everything .... start mining 100 different s*** coins yourself.
tealover: And please leave this scam pool. We do not want you here. We would love to be blind and dumb and mine at middlecoin without you.

People please open your eyes.

1. I call H2O and the pool a possible scam

The solution is so easy
Everone that dont like to mine on middlecoin can join some diff pool, noone is bind here in any kind, feel free to go.

An to tealover and the others, H2O told us already some days ago that the eta for the US Server fix is sunday.

If you look a bit arround you will see that all the altcoins are bad right now and that Doge also loose.

"tealover":

My friend who have been mining here, have made more here than anywhere else. The first day I mined here I got 1 litecoin in one day - my expected profit on litecoin-pools is 0.57 for one day.

How can that be a scam?

People please open your eyes.

1. I call H2O and the pool a possible scam
2. H2O immediately rolls out a temporary fix for US server that he's been sitting on instead of implementing and still has no time available when the "bug" will be fixed that is still dropping peoples hash rate. Yet he claims this is his full-time job and he has 2 employees. Running a pool is NOT very hard, I'm speaking from experience.
3. Everybody is claiming very low profits on US and EU servers.
4. H2O transfers 90 bitcoins out of the pool instead of using to pay us. This explains why everybody's payments are low, because he is taking much more than 3.4% fee

H2O has been running this pool perfectly for months, then suddenly when a bunch of new people join, the pool "breaks", and he can't fix it until someone calls him a scammer then BOOM it's magically fixed within 1 hour. That's 1 of the most suspicious things I've ever seen.

A couple people have private messaged me that they agree with me something fishy is going on. 1 guy has proof that he is scamming and I will be posting it shortly.

You didn't reach 0.1 BTC yesterday. That's why. Yesterday payouts were extremely low for the EU server, 75% below expected return. I'm a bit worried that no official comment has been made on this topic. My payout yesterday barely covers eletricity. LTC is not that unprofitable so where are the coins?

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