Switching, even every half hour, would reduce profits enough to be a concern, I think.
It's based on IP. So leaving and coming back won't change it.
Topic: [ANN] profit switching auto-exchanging pool - www.middlecoin.com - page 449. (Read 829908 times)
September 22, 2013, 12:49:46 PM
September 22, 2013, 12:41:54 PM
Earning are calculated per-coin. So the people stuck on the lower profitable coin are disadvantaged. But it evens out over time. I don't rotate the miners. It would be inefficient to have them switch.
Per-coin seems fair if the placement is random, but I'd think random rotation would be a good feature too if it was possible. Would switching at longer periods, like a half hour, lower the impact of the inefficiencies compared to the profit differences between the two sub-pools?
Also, what happens when you leave the pool and come back again, or join for the first time?
inquiring minds want to know...
September 22, 2013, 12:16:55 PM
Wow! Very cool experiment.
How do your calculate earnings? And do you rotate miners into the two sub pools once in a while or what?
How do your calculate earnings? And do you rotate miners into the two sub pools once in a while or what?
Earning are calculated per-coin. So the people stuck on the lower profitable coin are disadvantaged. But it evens out over time. I don't rotate the miners. It would be inefficient to have them switch.
The experiment is over for now. I'll be working on getting it a permanent part of the pool, and not just a one time thing.
September 22, 2013, 12:13:08 PM
I'm also testing out load balancing our hashrate. Randomly, some of us are on DGC, and some of us are on the next most profitable coin.
Wow! Very cool experiment.
How do your calculate earnings? And do you rotate miners between the two sub pools once in a while or what?
September 22, 2013, 10:25:19 AM
I'm also testing out load balancing our hashrate. Randomly, some of us are on DGC, and some of us are on the next most profitable coin.
September 22, 2013, 10:15:30 AM
Our digitalcoin pool is now working.
I've also put in a number of server improvements that will improve performance on high block value coins like digitalcoin.
I've also put in a number of server improvements that will improve performance on high block value coins like digitalcoin.
Thank you
Look forward to seeing the results!
September 22, 2013, 09:38:46 AM
Our digitalcoin pool is now working.
I've also put in a number of server improvements that will improve performance on high block value coins like digitalcoin.
I've also put in a number of server improvements that will improve performance on high block value coins like digitalcoin.
September 21, 2013, 08:17:48 PM
Could you add a couple things to this graph (or separate graphs)?
1. An average profitability line.
2. Profitability vs mining a major coin only.... like a line showing profitability of your pool vs profitability if you only mined LTC 100% of the time.
1. An average profitability line.
2. Profitability vs mining a major coin only.... like a line showing profitability of your pool vs profitability if you only mined LTC 100% of the time.
At some point I'll make some better graphs. No promises when that will be.
September 21, 2013, 08:15:24 PM
Is the site working? the numbers is not changing is there something wrong? i have miners mining in the site is it still credited later or what?
My stats update crashed. It's now running again.
September 21, 2013, 07:55:42 PM
I don't know what the hashrate of CPUs is. Add it up and multiply by the recent pool profitability, shown at http://middlecoin.com/profitgraph.html
Suggestion,
Could you add a couple things to this graph (or separate graphs)?
1. An average profitability line.
2. Profitability vs mining a major coin only.... like a line showing profitability of your pool vs profitability if you only mined LTC 100% of the time.
September 21, 2013, 07:43:54 PM
Is the site working? the numbers is not changing is there something wrong? i have miners mining in the site is it still credited later or what?
September 21, 2013, 06:00:02 PM
Hi,
I've been on the pool for almost a month, was happy with it, but decided to go solo for the fun of it.
So, I left the pool on september 8.
Now, 5 days later I still have unmatured and unexchanged coins. Also a balance too small for payout.
Today it looks like this :
0.00678862 0.00145724 0.00617814
This hasn't changed for 4 days now.
It's worth only a few dollars, but I still would like to get payed for the work I've done.
Coins still mature and get traded, even though my workers are idle now, do they ?
24 hr update : 0.00753897 0.00169039 0.00617814 I've been on the pool for almost a month, was happy with it, but decided to go solo for the fun of it.
So, I left the pool on september 8.
Now, 5 days later I still have unmatured and unexchanged coins. Also a balance too small for payout.
Today it looks like this :
0.00678862 0.00145724 0.00617814
This hasn't changed for 4 days now.
It's worth only a few dollars, but I still would like to get payed for the work I've done.
Coins still mature and get traded, even though my workers are idle now, do they ?
Still no action here...
Final update :
I gave up.
Pointed one rig to you for an hour or so, and voila : things started to move again.
Finally got my last payout, now leaving only some dust behind, you can keep that as a donation for all your good efforts. ( pun intended )
Thanks for not adressing my issue and for not answering my concerns nor my postings.
L8tr dude. I went away a while ago for the same reason. I still have funds in the immature and unexchanged a month after I stopped mining here. Almost like you only get what you mine if you continue mining. Oh we'll. other places to go. One thing I didn't like on this model is you are always guaranteed to loose something. Everyone moves to other pools eventually or quits mining. You will never be able to zero out your account. Guess you need to know that up front.
JR
September 21, 2013, 09:22:48 AM
We are not. My DGC pool is having issues at the moment.
I seem to have fixed it. We're mining DGC now.
Edit: nevermind. Still issues.
September 21, 2013, 09:04:53 AM
I hope this pool is mining digicoin right now....
We are not. My DGC pool is having issues at the moment.
September 21, 2013, 09:02:38 AM
I hope this pool is mining digicoin right now....
I wish that there was more info available like a miners history. I think that would be beneficial to everyone.
I wish that there was more info available like a miners history. I think that would be beneficial to everyone.
September 21, 2013, 07:11:22 AM
Coins still mature and get traded, even though my workers are idle now, do they ?
Yeah, they do. Should.
There are some issues, possibly bugs like the CGB one, preventing some coins from being matured and traded. But it's not a huge amount, and there are higher priority issues I need to work on right now.
September 21, 2013, 07:02:22 AM
I did answer your questions.
So I partly fixed it.
I have a lot to do though, so I have to prioritize.
I think you (or someone) did bring up a valid point earlier about being able to cash out the "dust".
I think what I should do is if you haven't been paid in over 3 days, do a payout even if you have less than 0.01 BTC, but over 0.001. What do you guys think?
So I partly fixed it.
I have a lot to do though, so I have to prioritize.
I think you (or someone) did bring up a valid point earlier about being able to cash out the "dust".
I think what I should do is if you haven't been paid in over 3 days, do a payout even if you have less than 0.01 BTC, but over 0.001. What do you guys think?
My question was :
Coins still mature and get traded, even though my workers are idle now, do they ?
You didn't answer that yet.
Well, the answer is : they don't. I had to start mining again after 10 days to see the old balances get matured and traded again. That's strange isn't it ?
You did fix the CGB issue, that's right, Only after someone else had the same concers as I did.
So now after 6 posts I got your attention. Too late.
Anyway, my apologies for being harsh on you.
September 21, 2013, 04:48:52 AM
I think what I should do is if you haven't been paid in over 3 days, do a payout even if you have less than 0.01 BTC, but over 0.001. What do you guys think?
Good idea, but I suppose it will not solve all issues. I still have some dust in immature and unexchanged coins after almost a week after quitting your pool.
September 21, 2013, 03:51:20 AM
Final update :
I gave up.
Pointed one rig to you for an hour or so, and voila : things started to move again.
Finally got my last payout, now leaving only some dust behind, you can keep that as a donation for all your good efforts. ( pun intended )
Thanks for not adressing my issue and for not answering my concerns nor my postings.
I gave up.
Pointed one rig to you for an hour or so, and voila : things started to move again.
Finally got my last payout, now leaving only some dust behind, you can keep that as a donation for all your good efforts. ( pun intended )
Thanks for not adressing my issue and for not answering my concerns nor my postings.
I did answer your questions.
I fixed an issue with some CGB being stuck in the immature state. So those of you with a little stuck immature balance will see some of it move over to your balance.
Not all the stuck balances have been freed. Just the bugged CGB. The rest of it is mostly coins in daemons that I have stopped, that I need to restart for a bit, to flush out the immature balances.
Not all the stuck balances have been freed. Just the bugged CGB. The rest of it is mostly coins in daemons that I have stopped, that I need to restart for a bit, to flush out the immature balances.
So I partly fixed it.
I have a lot to do though, so I have to prioritize.
I think you (or someone) did bring up a valid point earlier about being able to cash out the "dust".
I think what I should do is if you haven't been paid in over 3 days, do a payout even if you have less than 0.01 BTC, but over 0.001. What do you guys think?
September 21, 2013, 03:24:21 AM
As a test, I've switched 100% of my hash from middlecoin over to solo-mining Megacoin (MEC), even though it doesn't show as the 'most profitable' coin on coinwarz, coinchoose, etc.
I'll be sticking with MEC, and here is why. They've implemented a difficulty-adjustment algorithm that crushes big hit-and-run pools, it tracks total network hash like a beast. Difficulty currently stays low enough where it's very mine-able, and still profitable.
It's nice to have something you can solo-mine and not worry about difficulty going from 3 to 3 billion (and staying there after the big pool moves out...).
Happy mining, to all of those who stay or find something else.
I'll be sticking with MEC, and here is why. They've implemented a difficulty-adjustment algorithm that crushes big hit-and-run pools, it tracks total network hash like a beast. Difficulty currently stays low enough where it's very mine-able, and still profitable.
It's nice to have something you can solo-mine and not worry about difficulty going from 3 to 3 billion (and staying there after the big pool moves out...).
Happy mining, to all of those who stay or find something else.
i think it's an excellent choice
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