For example, the pool is currently mining at a rate to hit 130 BTC worth of unexchanged alt-coins at the end of today. Assuming that the current hashrate and exchange rate holds, you should see approximately 0.03 BTC per MH/s.
If you are running, say, a single 280X at 700 kH/s all day, you should get around 0.02 BTC today, assuming everything keeps going.
Topic: [ANN] profit switching auto-exchanging pool - www.middlecoin.com - page 412. (Read 829908 times)
December 18, 2013, 02:04:38 PM
December 18, 2013, 01:56:27 PM
Hey guys, I'm a bit of a noob to middlecoin, I've only been mining here a couple of days but it seems pretty awesome so far! Major props to H2o!
I do have a question though; I was trying to predict how much currency I'd be receiving each night but my calcs seem to be pretty off. Can I simply do the following?: (Immature Unexchanged Balance + Unexchanged Balance) - 3.88% ?
In fact I was doing this equation then dividing by the number of hours since the last payout to get an estimated mining rate but what I ended up with in my wallet was about two thirds of what I was expecting. Or am I looking at this too simply?
I do have a question though; I was trying to predict how much currency I'd be receiving each night but my calcs seem to be pretty off. Can I simply do the following?: (Immature Unexchanged Balance + Unexchanged Balance) - 3.88% ?
In fact I was doing this equation then dividing by the number of hours since the last payout to get an estimated mining rate but what I ended up with in my wallet was about two thirds of what I was expecting. Or am I looking at this too simply?
You will be paid your Balance (in the row next to your address on the main page) at the end of each day (around 2:30am UTC). Normally the Balance increases gradually throughout the day as alt-coins are automatically traded for BTC. The last couple days are unusually as the Unexchanged Balance has been manually exchanged at the end of the day and paid out.
If things continue as they have the last few days, you should most or all of the Unexchanged Balance converted to BTC balance and paid to you around 2:30 UTC. You don't have to subtract the fees, those are already taken out.
December 18, 2013, 01:50:31 PM
H2O - would it be of any benefit (server off-loading) for any of us US folk to switch to the EU one too? Right now I'm losing around 350-500 kh/s or so on the US server. I'm not sure what spec your EU server is vs the US one, however, if it would help the stability of the US server, I'm sure a good number of us would switch over.
December 18, 2013, 01:49:02 PM
All the mining goes to the same pool. You can mine to both servers using the same username (address) and stats for both servers should show up at www.middlecoin.com. At least, that's what my testing shows.
December 18, 2013, 01:31:06 PM
after 9 hours of mining I have 512 rejected shares on the EU server. and no rejected MH/s... Well done h2o!!!!!
December 18, 2013, 01:28:14 PM
Can confirm that EU server is working and rejected rate is much lower than on the US server. Thank you.
Im mining from Norway btw
Im mining from Norway btw
Are stats for eu servers also located at www.middlecoin.com ?
December 18, 2013, 01:26:32 PM
Can confirm that EU server is working and rejected rate is much lower than on the US server. Thank you.
Im mining from Norway btw
Im mining from Norway btw
December 18, 2013, 01:19:29 PM
Hey guys,
I'm a bit of a noob to middlecoin, I've only been mining here a couple of days but it seems pretty awesome so far! Major props to H2o!
I do have a question though; I was trying to predict how much currency I'd be receiving each night but my calcs seem to be pretty off.
Can I simply do the following?:
(Immature Unexchanged Balance + Unexchanged Balance) - 3.88% ?
In fact I was doing this equation then dividing by the number of hours since the last payout to get an estimated mining rate but what I ended up with in my wallet was about two thirds of what I was expecting.
Or am I looking at this too simply?
I'm a bit of a noob to middlecoin, I've only been mining here a couple of days but it seems pretty awesome so far! Major props to H2o!
I do have a question though; I was trying to predict how much currency I'd be receiving each night but my calcs seem to be pretty off.
Can I simply do the following?:
(Immature Unexchanged Balance + Unexchanged Balance) - 3.88% ?
In fact I was doing this equation then dividing by the number of hours since the last payout to get an estimated mining rate but what I ended up with in my wallet was about two thirds of what I was expecting.
Or am I looking at this too simply?
December 18, 2013, 12:41:48 PM
BTC has a habit of undershooting and overshooting a mean value, because it's not tied to anything of "fixed" value. If you look at its history, every bubble bursts, and the price then stabilizes at about half-way between the pre-bubble price and the max price. Then it stagnates for a while, and then goes on another bubble. Rinse and repeat.
If you look now, it's half-way between the $150 it sat at all summer, and the max price of $1100 or so. It will probably stay between $400 and $700 for a while, then slowly go back over $1000 again.
If you look now, it's half-way between the $150 it sat at all summer, and the max price of $1100 or so. It will probably stay between $400 and $700 for a while, then slowly go back over $1000 again.
December 18, 2013, 12:27:43 PM
uhhmmm anyone worried the same way I am? With BTC dropping THAT hard (490$ right now; -30% last 24h and continuing) I am afraid to get an earning at all out of it.... since energy costs are quite high here (about 25ct per kwh).
hmmm I am aware of the fact that no one can really tell, but: What do you think? Is BTC going up to 1000$ again? Is it about to die anda nextgen coin will shine (maybe NXT)?
Well I don't panic with one course drop and will continue mining. anyway I am at least concerned.
#edit: 470$ thanks chinese government ......
One more thought my mind just crossed: if BTC will stay low that would mean less miners / more BTC for altcoin mining. So in the ultimate end would it may NOT affect our earnings at all, since we just get more BTC for the same hashrate?
well after hours you should not see a blank field! Is the rejected column blank, too? You should show us your cgminer/bfgminer call statement! There seems something wrong
hmmm I am aware of the fact that no one can really tell, but: What do you think? Is BTC going up to 1000$ again? Is it about to die anda nextgen coin will shine (maybe NXT)?
Well I don't panic with one course drop and will continue mining. anyway I am at least concerned.
#edit: 470$ thanks chinese government ......
One more thought my mind just crossed: if BTC will stay low that would mean less miners / more BTC for altcoin mining. So in the ultimate end would it may NOT affect our earnings at all, since we just get more BTC for the same hashrate?
Hi how accurate is the accepted mh/s on the website, been mining a few hours now but showing blank under the accepted column.
Thanks
Thanks
well after hours you should not see a blank field! Is the rejected column blank, too? You should show us your cgminer/bfgminer call statement! There seems something wrong
The thing about crypto currency's is they are just like stocks on the stock markets around the world, news that some country does not support them will cause a rapid sale just like when some company has a bad experience then people sell off their stock because they think the company is going to tank. I have been in stocks for many years now and I have gone from one day having a very nice portfolio to the next day losing my ass because of sell off's and then the next day breaking even or making money.
Due to the fact that people fear that they will lose even some cash during a crash is what causes the crash in the first place, personally I think it will go back up will it hit $1200 peak in the next few months maybe but I am not 100% sure but it will still be worth money and as long as BTC is over $50 a coin I can run my machines and pay my power and still make money so I am not really worried about this flux in the market at this time.
December 18, 2013, 12:11:33 PM
i usually got a substantial amount of rejected shares but with the eu server in the last couple hours zero. thank you for your hard work h20 and you derserve your fee 
December 18, 2013, 11:50:54 AM
Website shows a blank field on rejected mh/s for both cards that points to eu.middlecoin -----thanks! Thats awesome
December 18, 2013, 11:47:30 AM
if you ask me -- I really don't care what we are mining on, if the earnings are good enough. And to be fair - they are right now. They really are 
looking forward for (hopefully) the next big cashout this night!
Besides... if it would be public how he could get rid off so much dogecoin (assuming it was really doge), I think it would damage our earnings at the end
So I am saying: relax and enjoy the show until its over
looking forward for (hopefully) the next big cashout this night!
Besides... if it would be public how he could get rid off so much dogecoin (assuming it was really doge), I think it would damage our earnings at the end
So I am saying: relax and enjoy the show until its over
December 18, 2013, 11:45:15 AM
Coinedup is the only DOGE exchange, and the market is not very liquid. If anyone knows exactly how h2o got rid of almost 200 BTC worth of DOGE, they aren't telling.
December 18, 2013, 11:12:04 AM
I hope to god we're mining doge )
hascows has been mining it for 11 hours and has made about 30 mil coins that's about 16.5 ltc atm and they're still going
)hascows has been mining it for 11 hours and has made about 30 mil coins that's about 16.5 ltc atm and they're still going
will they be able to sell all those coins?
well if h2o was able why wouldn't they be ?
) 
December 18, 2013, 11:05:34 AM
I hope to god we're mining doge )
hascows has been mining it for 11 hours and has made about 30 mil coins that's about 16.5 ltc atm and they're still going
)hascows has been mining it for 11 hours and has made about 30 mil coins that's about 16.5 ltc atm and they're still going
will they be able to sell all those coins?
December 18, 2013, 10:55:09 AM
I hope to god we're mining doge )
hascows has been mining it for 11 hours and has made about 30 mil coins that's about 16.5 ltc atm and they're still going
)hascows has been mining it for 11 hours and has made about 30 mil coins that's about 16.5 ltc atm and they're still going
December 18, 2013, 10:22:08 AM
I'm in the US but mining one card on the EU server. It has a higher ping but the same reject rate (about 5%) so far.
I have not had any disconnection problems from either server, and all my shares are showing up on the main website. Looks like everything is working right now.
I have not had any disconnection problems from either server, and all my shares are showing up on the main website. Looks like everything is working right now.
December 18, 2013, 10:12:36 AM
The new EU pool is working a treat for me. Cut my Reject rate down from around 8-10% to just 2%.
Does anyone know if that's because I'm actually from Europe? ie the server is closer to me, compared to the US server?
Or could it just be that the current coin has changed?
Does anyone know if that's because I'm actually from Europe? ie the server is closer to me, compared to the US server?
Or could it just be that the current coin has changed?
Yeah my rejection rate is WAY down. The website is reporting 0 rejected Mh/s for me now and cgminer is showing less than 1% and I am in Canada.
December 18, 2013, 09:22:42 AM
The new EU pool is working a treat for me. Cut my Reject rate down from around 8-10% to just 2%.
Does anyone know if that's because I'm actually from Europe? ie the server is closer to me, compared to the US server?
Or could it just be that the current coin has changed?
Does anyone know if that's because I'm actually from Europe? ie the server is closer to me, compared to the US server?
Or could it just be that the current coin has changed?
same, eu pool for eu people is pretty great i think
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