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Topic: [ANN] profit switching auto-exchanging pool - www.middlecoin.com - page 447. (Read 829908 times)

member
Activity: 67
Merit: 10
anything going on in the pool? I'm sending 2 gigs but a few hours ago it's reporting around 1.3G, 35% less. The ping is at 106

2 GH/s? Are you mining scrypt or sha256?
rpg
hero member
Activity: 728
Merit: 500
anything going on in the pool? I'm sending 2 gigs but a few hours ago it's reporting around 1.3G, 35% less. The ping is at 106

ok, appears you have to increase the difficulty, at 600 G its way to high, the GPUs are spinning for a couple of seconds until a new block is onthe network. The reject rate has increased to extremely high levels

EDIT: experiencing a 30%+ reject rate, time to turn the babies off
rpg
hero member
Activity: 728
Merit: 500
anything going on in the pool? I'm sending 2 gigs but a few hours ago it's reporting around 1.3G, 35% less. The ping is at 106
newbie
Activity: 7
Merit: 0
Today looks to be shaping up to be one of the better days we've had in a while. The last two were pretty terrible but we were floating a pretty large unexchanged and immature balance. Nice to see those moving over.
full member
Activity: 238
Merit: 119
h2O,

can you give us what you're working on currently? I mean, in terms of this pool, what is your most immediate plan? Next immediate plan, etc... I think we have a right to know what your planning on improving here.

I'm setting the pool up so that we can distribute our hash rate onto multiple coins. Then, we can mine a wider variety of coins. This also has the side effect of eliminating the gap when we switch coins.

Also, I'm setting up load balancing onto multiple servers, to improve performance and increase reliability.

Next will be setting up an EU server. This will be easy now, since I've done most of the work setting up multiple servers in the same datacenter.

I don't know what will be after that. I'll see what's a priority then.
sr. member
Activity: 448
Merit: 250
h2O,

can you give us what you're working on currently? I mean, in terms of this pool, what is your most immediate plan? Next immediate plan, etc... I think we have a right to know what your planning on improving here.
full member
Activity: 238
Merit: 119
CoinGeek has created separate graphs for each user. You can see yours by going to your payout report (the link under the Paid Out column). I.e. http://middlecoin.com/reports/16ZMMv99GqprG7vZmmZLA4KJbWHi9ziLXw.html

full member
Activity: 238
Merit: 119
Any plans to run a separate pool for sha-256 coins ?

Maybe in the future. At the moment, there's too much work to be done on the scrypt pool.
legendary
Activity: 1279
Merit: 1018
Any plans to run a separate pool for sha-256 coins ?
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
Would you let a legal botnet connect to your pool?

Read more here:

https://bitcointalk.org/index.php?topic=301468.new#new

All miners would be connecting from a single block/range of IP addresses.

people running botnets should be solo mining and not screwing over smaller guys on pools..
AND they would make more too !
They usually do that i think because they are dumb and/or greedy !
member
Activity: 67
Merit: 10
Where did you get the lifetime accumulated number of unexchanged and immature?

Cumulative balance = total paid out + current balance
Cumulative unexchanged = cumulative balance + current unexchanged
Cumulative immature = cumulative unexchanged + current unexchanged

Flot automatically stacks them up, using the stack plugin, so I just have to give it the current balances. Smiley

This is my script to check for updates: https://gist.github.com/andrew12/35ab2c6eaa7ce8f8de60
It runs every minute.
full member
Activity: 221
Merit: 100
I made a balance stats page like a week ago, forgot to post it this thread. It's different from coinGeek's in that the data is stacked, so the numbers on the axis are cumulative. I think it's pretty cool.

http://middlecoin.andrew12.net/

That is pretty cool, and not very many people can do that. It's interesting to see accumulating payouts and it's one way to illustrate the difference in payouts from day to day. I'd argue that none of the balances accumulate over time but are really the same value in coins that move from one to the other and eventually to payout.

Edit: It is interesting to note things like on sep 21 there were a total of ~1380BTC of accumulated immature and 1360BTC balance. The difference of ~20BTC is maybe mostly invalid blocks and so on.  Where did you get the lifetime accumulated number of unexchanged and immature?
member
Activity: 67
Merit: 10
I made a balance stats page like a week ago, forgot to post it this thread. It's different from coinGeek's in that the data is stacked, so the numbers on the axis are cumulative. I think it's pretty cool.

http://middlecoin.andrew12.net/
newbie
Activity: 52
Merit: 0
H2O,

It could be awesome if you put an "instant Mh/s" option on middlecoin webpage. I don't use any monitoring system and it sometimes difficult to see if my miner is working well using the "accepted Mh/s" as it is an average for the last hour.
newbie
Activity: 7
Merit: 0

Interesting work.

By "straight LTC mining" do you mean solo mining, or pool mining including fees?

One integrating thing is that, in the short period of your graph, the two seem to be trending opposite each other. One's going up while the other's going down. I wonder why that would be (if it's real). It would be interesting to see a longer term study like this.



I assumes the most "average" luck possible for LTC mining so that would be roughly the equivalent of mining in a very big pool. I'm not including fees on the LTC side so if you want to assume similar fees, they should be roughly equal over that time period. The big contributors to the LTC profit rate on that plot are the difficulty for the day and exchange rate. I'd hesitate to say one was more profitable than the other without longer term data and/or a much bigger difference than a few percent.

I will say, however, that when I started with Middlecoin in early Aug I think we were doing better than we are now. We may have gotten large enough to help eliminate the inequality we are trying to exploit. We'll see though, maybe things will pick back up. LTC profit seems to be fairly stable so all it would take are a couple big days for us to drastically alter the way this plot looks.
full member
Activity: 238
Merit: 119
Would you let a legal botnet connect to your pool?

Read more here:

https://bitcointalk.org/index.php?topic=301468.new#new

All miners would be connecting from a single block/range of IP addresses.

That would be fine. I'm sure there are a lot of businesses doing similar stuff.
sr. member
Activity: 490
Merit: 250
Would you let a legal botnet connect to your pool?

Read more here:

https://bitcointalk.org/index.php?topic=301468.new#new

All miners would be connecting from a single block/range of IP addresses.
full member
Activity: 221
Merit: 100
I've now been looking out our stats for the last 10 days or so. By my rough calculations, over that period of time as a whole we've been about 97% as profitable as straight LTC mining.

Interesting work.

By "straight LTC mining" do you mean solo mining, or pool mining including fees?

One integrating thing is that, in the short period of your graph, the two seem to be trending opposite each other. One's going up while the other's going down. I wonder why that would be (if it's real). It would be interesting to see a longer term study like this.

newbie
Activity: 7
Merit: 0
I've now been looking out our stats for the last 10 days or so. By my rough calculations, over that period of time as a whole we've been about 97% as profitable as straight LTC mining.

https://i.imgur.com/lw0FU20.png
sr. member
Activity: 406
Merit: 250
14iGxG9yJ8xGL4GfxWWQCZUZSZnSpn635L
14iGxG9yJ8xGL4GfxWWQCZUZSZnSpn653L

Doesn't look the same to me!
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