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Topic: [ANN] profit switching auto-exchanging pool - www.middlecoin.com - page 391. (Read 829908 times)

newbie
Activity: 12
Merit: 0
Hi All,

Prolly a silly question, but i'm in the UK, so when wouldbe the best time to start mining, I think it's around 11pm UK time, For me to get the full 24 hour cycle ?
Unpaid balances carry over, so start time is irrelevant unless you only want to mine for one pay cycle (in which case, you'd have an unexchanged/immature balance left sitting there after payout, anyway -- I guess stopping mining a few hours before next pay cycle would minimize unpaid balance when you leave the pool). ASAP is generally the best time to start mining. Wink


Thanks, I always thought you would lose the short day mine, happy that it carries over.  Cheers
full member
Activity: 124
Merit: 100
Hi All,

Prolly a silly question, but i'm in the UK, so when wouldbe the best time to start mining, I think it's around 11pm UK time, For me to get the full 24 hour cycle ?

Hi,

hmm not sure why you would want to start a a specific time  Huh

well I have a guess:

you just read the FAQ and saw daily payout only if you are over 0.01 and you are worried that if you do not get this, then all your "trying" is lost? (a friend of mine thought this at least......).
If so: no. if you do not meet daily payout minimum, then you keep your balance and the earnings from the next day comes on top. So the amount in the column "balance" is safe, no matter what. Its already exchanged into bitcoin and won't change in either direction.


If that was clear to you - well then I don't have a clue why you are worried about the best entry point:

long story very short:

>>    there is absolutly no drawback or advantage for any point of time to be choosen for the start. So just start right now ;-)

If you have any further questions or I was no real help for you, then please tell me why you are concerned about the entry point. I am happy to help you out Wink

by the way: you are near to the EU server of middlecoin (Ireland). Point your hardware to stratum+tcp://eu.middlecoin.com:3333    (you can add the "normal" us server as failover only)

best wishes from germany
exokk


#hm got some bad gateway problems to bitcointalk so my answer was already submitted by someone else
member
Activity: 84
Merit: 10
h20 may want to fix the coin switching algorithm. Right now we're mining Dogecoin when its on 10:th place on CoinWarz, why aren't we mining the 9 others with far higher earnings?

we should start mining tagcoin I think, much more profits
donator
Activity: 1218
Merit: 1015
Hi All,

Prolly a silly question, but i'm in the UK, so when wouldbe the best time to start mining, I think it's around 11pm UK time, For me to get the full 24 hour cycle ?
Unpaid balances carry over, so start time is irrelevant unless you only want to mine for one pay cycle (in which case, you'd have an unexchanged/immature balance left sitting there after payout, anyway -- I guess stopping mining a few hours before next pay cycle would minimize unpaid balance when you leave the pool). ASAP is generally the best time to start mining. Wink
newbie
Activity: 12
Merit: 0
Hi All,

Prolly a silly question, but i'm in the UK, so when wouldbe the best time to start mining, I think it's around 11pm UK time, For me to get the full 24 hour cycle ?
full member
Activity: 124
Merit: 100
Yeah, mining this coin is totally worthless now. We should be mining the most profitable. My earnings aren't even earnings it's that little (little exaggeration)  Embarrassed .

maybe we are going back to the normal payouts. I guess this would fix problems with too much mining power as well since about 2ghs will go on somewhere else I would say.

this day hardly breaks-even with those high elecricity prices here.. anyway there are better days and days with less profit. Absolut normal imho
full member
Activity: 308
Merit: 146
"Stratum disconnect on pool 0"


I'm having several of these disconnects today as well, along with "pool 1 JSON stratum auth failed: (null)".
They are occurring randomly across several rigs.
It does always seem to connect back up, but concerning.

Anyone else having any issues?



Yup, it's mostly cleared up by now, however, earlier today I had to manually restart 2 different rigs as they got "stuck" not connecting to the main or the EU server. My assumption is it's still related to the insane growth we've experienced over the past week or so.
full member
Activity: 133
Merit: 100
Yeah, mining this coin is totally worthless now. We should be mining the most profitable. My earnings aren't even earnings it's that little (little exaggeration)  Embarrassed .
member
Activity: 84
Merit: 10
The profit calculators aren't that accurate with a coin like DOGE... if you are mining and then auto-selling on an exchange then it's the 8th most profitable, however, there are other, more profitable ways to sell it that keep it near 1 or 2 still :]

Just look at balance curve compared to last days.
http://munging.us/coinGeek/
full member
Activity: 170
Merit: 100
"Stratum disconnect on pool 0"


I'm having several of these disconnects today as well, along with "pool 1 JSON stratum auth failed: (null)".
They are occurring randomly across several rigs.
It does always seem to connect back up, but concerning.

Anyone else having any issues?


full member
Activity: 308
Merit: 146
Quote
Quote
You should show the current mined coin.

Unfortunately I think that showing the current coin would make a bunch of people switch to mining that, lowering our profits.

I have toyed with the idea of giving coins aliases. I might do that.

If you can think of any ways to give miners more information, without spilling the beans on the coins, let me know.

Well, you can publish some statistical data about current number of coins in the pool and some statistics about how many switches per day/per hour are performed (this will give people idea how much manual work with switching pools and exchanging currencies they avoid by using your pool).

And when the pool switches to a new coin, it can publish the name of the old coin it have just abandoned - so in theory if someone is watching this in real time, the will switch to a coin that is not the best (because pool switched to something that is better) - most likely losing more than the 3% pool fee.

Or you can publish those data with even larger delay, like few hours or a day after a switch - day old data for this is IMHO close to worthless, as the optimal coin sometimes changes more frequently.

This way we can verify that the algorithm works and really mines the best coin from historical data, or if not (like if we find that some other coin was more profitable at that time from historical data), we can send yo alert and then you'll either add new coin, or fix the bug that caused the not-optimal coin to be mined.

We have been mining Dogecoin for the last couple of days and still do even if its not the most profitable coin anymore. Its at 8:th place and we're still mining it. It doesn't make sense.

The profit calculators aren't that accurate with a coin like DOGE... if you are mining and then auto-selling on an exchange then it's the 8th most profitable, however, there are other, more profitable ways to sell it that keep it near 1 or 2 still :]
member
Activity: 84
Merit: 10
Quote
Quote
You should show the current mined coin.

Unfortunately I think that showing the current coin would make a bunch of people switch to mining that, lowering our profits.

I have toyed with the idea of giving coins aliases. I might do that.

If you can think of any ways to give miners more information, without spilling the beans on the coins, let me know.

Well, you can publish some statistical data about current number of coins in the pool and some statistics about how many switches per day/per hour are performed (this will give people idea how much manual work with switching pools and exchanging currencies they avoid by using your pool).

And when the pool switches to a new coin, it can publish the name of the old coin it have just abandoned - so in theory if someone is watching this in real time, the will switch to a coin that is not the best (because pool switched to something that is better) - most likely losing more than the 3% pool fee.

Or you can publish those data with even larger delay, like few hours or a day after a switch - day old data for this is IMHO close to worthless, as the optimal coin sometimes changes more frequently.

This way we can verify that the algorithm works and really mines the best coin from historical data, or if not (like if we find that some other coin was more profitable at that time from historical data), we can send yo alert and then you'll either add new coin, or fix the bug that caused the not-optimal coin to be mined.

We have been mining Dogecoin for the last couple of days and still do even if its not the most profitable coin anymore. Its at 8:th place and we're still mining it. It doesn't make sense.
sr. member
Activity: 462
Merit: 251
Quote
Quote
You should show the current mined coin.

Unfortunately I think that showing the current coin would make a bunch of people switch to mining that, lowering our profits.

I have toyed with the idea of giving coins aliases. I might do that.

If you can think of any ways to give miners more information, without spilling the beans on the coins, let me know.

Well, you can publish some statistical data about current number of coins in the pool and some statistics about how many switches per day/per hour are performed (this will give people idea how much manual work with switching pools and exchanging currencies they avoid by using your pool).

And when the pool switches to a new coin, it can publish the name of the old coin it have just abandoned - so in theory if someone is watching this in real time, the will switch to a coin that is not the best (because pool switched to something that is better) - most likely losing more than the 3% pool fee.

Or you can publish those data with even larger delay, like few hours or a day after a switch - day old data for this is IMHO close to worthless, as the optimal coin sometimes changes more frequently.

This way we can verify that the algorithm works and really mines the best coin from historical data, or if not (like if we find that some other coin was more profitable at that time from historical data), we can send yo alert and then you'll either add new coin, or fix the bug that caused the not-optimal coin to be mined.

Just wondering - the exchange to BTC is done over single exchange, or are there multiple exchanges involved and the one offering best price at the moment is used?

member
Activity: 84
Merit: 10
Not sure what you are talking about - I am hashing at about 18 Mhash/s and have a balance today of .42 BTC.  Seems good to me.

That's crazy. 18 Mhash/s is equal to over 25 280x's.
member
Activity: 78
Merit: 10
Just add it to your cgminer.conf, like this:

"pools" : [
   {
      "url" : "stratum+tcp://middlecoin.com:3333",
      "user" : "1E5PLsiUEzGqfLoLx5d1xpHF79jETTZcws",
      "pass" : "x"
   },
   {
      "url" : "stratum+tcp://eu.middlecoin.com:3333",
      "user" : "1E5PLsiUEzGqfLoLx5d1xpHF79jETTZcws",
      "pass" : "y"
   }
]

You can add as many as you want.

You can also do stuff like auto-balance (mines all pools simultaneously), or failover-only, which starts at the top of your list and works its way down as servers fail.  Google for cgminer.conf options and you'll get more details if you need it.

Is it possible to do this without editing the .conf file? I wouldn't want to bother doing that. Would I have to change the startup command if I did edit the .conf file?
If you are using .bat to start it this is what i use, with backup pool...

timeout /t 30
setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_USE_SYNC_OBJECTS 1
cgminer --scrypt -o stratum+tcp://eu.middlecoin.com:3333 -u 1NhQX7r3BsPbMgiAaVnTgvs5W2fvQSgKa5 -p wooooo --failover-only -o stratum+tcp://middlecoin.com:3333 -u 1NhQX7r3BsPbMgiAaVnTgvs5W2fvQSgKa5 -p wooooo -o stratum+tcp://middlecoin.com:8080 -u 1NhQX7r3BsPbMgiAaVnTgvs5W2fvQSgKa5 -p wooooo --intensity 13,13,13,13 -g 2 --auto-fan --thread-concurrency 8192 --worksize 256 --shaders 4096 --gpu-engine 1015,1030,800,1030 --gpu-vddc 1.06 --temp-cutoff 95 --temp-target 82 --temp-overheat 90

Wow, thanks! The pools seem to be quite unstable at the moment, since my miners are switching between eu and us servers every few minutes. The script seems to work fine though. Btw, what's the function of that "timeout /t 30" at beginning?
No worries, thats because I've got the .bat file set to automatically run when my computer turns on, and i like to give the operating system 30seconds to get everything running smoothly before i start mining.
I use that config for my 2 7990s, depending on your cards you'll likely want to tweak the intensity, gpu engine settings etc.

If you want your rig to autostart mining from windows when you turn it on, follow these instructions (Copied & pasted from another site):
We want cgminer to automatically start mining whenever the rig is powered on. That way, we keep mining losses to a minimum whenever a power outage occurs, and we don’t have to worry about manually starting it back up in other situations.

In your cgminer folder, right-click on your new mine_litecoins.bat file, and click “Copy”.
Now, click on the Start Menu, then right-click on “All Programs”. Finally click on “Open All Users”.
Double-click “Programs”, then double-click “Startup”. Right-click anywhere on the empty background of the Startup folder and select “Paste shortcut”.
You should see a shortcut to your mine_litecoins.bat batch file appear in the startup folder. Windows should automatically execute it upon bootup.


Yes dasource, the first listed is the prefered, so it is repeatedly tried in the background if its switched to one of the next few as a backup, until it is back online, then it will resume mining with the first listed.

Dasource - yes, it auto keeps on trying the first pool repeatedly in the background when it is down, and as soon as its back up will reconnect. If its down it connects to next found in the list in order.
sr. member
Activity: 266
Merit: 250
What do you guys think about pointing one of those windows azure free trials at this? Is it a good idea or maybe i'm better off mining some cpu only coin..?

Yes, you are better off mining cpu coins only on any server cpu.
jr. member
Activity: 58
Merit: 10
What do you guys think about pointing one of those windows azure free trials at this? Is it a good idea or maybe i'm better off mining some cpu only coin..?
hero member
Activity: 821
Merit: 1000
Just add it to your cgminer.conf, like this:

"pools" : [
   {
      "url" : "stratum+tcp://middlecoin.com:3333",
      "user" : "1E5PLsiUEzGqfLoLx5d1xpHF79jETTZcws",
      "pass" : "x"
   },
   {
      "url" : "stratum+tcp://eu.middlecoin.com:3333",
      "user" : "1E5PLsiUEzGqfLoLx5d1xpHF79jETTZcws",
      "pass" : "y"
   }
]

You can add as many as you want.

You can also do stuff like auto-balance (mines all pools simultaneously), or failover-only, which starts at the top of your list and works its way down as servers fail.  Google for cgminer.conf options and you'll get more details if you need it.

Is it possible to do this without editing the .conf file? I wouldn't want to bother doing that. Would I have to change the startup command if I did edit the .conf file?
If you are using .bat to start it this is what i use, with backup pool...

timeout /t 30
setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_USE_SYNC_OBJECTS 1
cgminer --scrypt -o stratum+tcp://eu.middlecoin.com:3333 -u 1NhQX7r3BsPbMgiAaVnTgvs5W2fvQSgKa5 -p wooooo --failover-only -o stratum+tcp://middlecoin.com:3333 -u 1NhQX7r3BsPbMgiAaVnTgvs5W2fvQSgKa5 -p wooooo -o stratum+tcp://middlecoin.com:8080 -u 1NhQX7r3BsPbMgiAaVnTgvs5W2fvQSgKa5 -p wooooo --intensity 13,13,13,13 -g 2 --auto-fan --thread-concurrency 8192 --worksize 256 --shaders 4096 --gpu-engine 1015,1030,800,1030 --gpu-vddc 1.06 --temp-cutoff 95 --temp-target 82 --temp-overheat 90

Wow, thanks! The pools seem to be quite unstable at the moment, since my miners are switching between eu and us servers every few minutes. The script seems to work fine though. Btw, what's the function of that "timeout /t 30" at beginning?

How does this switching work? does it go back and forth with the 1st one listed being the preference or?
newbie
Activity: 26
Merit: 0
Just add it to your cgminer.conf, like this:

"pools" : [
   {
      "url" : "stratum+tcp://middlecoin.com:3333",
      "user" : "1E5PLsiUEzGqfLoLx5d1xpHF79jETTZcws",
      "pass" : "x"
   },
   {
      "url" : "stratum+tcp://eu.middlecoin.com:3333",
      "user" : "1E5PLsiUEzGqfLoLx5d1xpHF79jETTZcws",
      "pass" : "y"
   }
]

You can add as many as you want.

You can also do stuff like auto-balance (mines all pools simultaneously), or failover-only, which starts at the top of your list and works its way down as servers fail.  Google for cgminer.conf options and you'll get more details if you need it.

Is it possible to do this without editing the .conf file? I wouldn't want to bother doing that. Would I have to change the startup command if I did edit the .conf file?
If you are using .bat to start it this is what i use, with backup pool...

timeout /t 30
setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_USE_SYNC_OBJECTS 1
cgminer --scrypt -o stratum+tcp://eu.middlecoin.com:3333 -u 1NhQX7r3BsPbMgiAaVnTgvs5W2fvQSgKa5 -p wooooo --failover-only -o stratum+tcp://middlecoin.com:3333 -u 1NhQX7r3BsPbMgiAaVnTgvs5W2fvQSgKa5 -p wooooo -o stratum+tcp://middlecoin.com:8080 -u 1NhQX7r3BsPbMgiAaVnTgvs5W2fvQSgKa5 -p wooooo --intensity 13,13,13,13 -g 2 --auto-fan --thread-concurrency 8192 --worksize 256 --shaders 4096 --gpu-engine 1015,1030,800,1030 --gpu-vddc 1.06 --temp-cutoff 95 --temp-target 82 --temp-overheat 90

Wow, thanks! The pools seem to be quite unstable at the moment, since my miners are switching between eu and us servers every few minutes. The script seems to work fine though. Btw, what's the function of that "timeout /t 30" at beginning?
full member
Activity: 133
Merit: 100
Dogecoin is down at $10.55 per 1000 kh/s now. Not profitable anymore.

Is this why my Unexchanged Rate is around 0.00073653 after 2-3 days? I usually get half a bitcent to a bitcent a day.
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