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Topic: [ANN] profit switching auto-exchanging pool - www.middlecoin.com - page 516. (Read 829908 times)

full member
Activity: 167
Merit: 100
The exchange to BTC seems to have stopped working.  It's supposed to be automatic, yes?
legendary
Activity: 1988
Merit: 1007
im happy with 1 payout per day as there's no info of our earnings

so the 1 payout per day will give me an indication of my 24hour earnings.

also vardiff or lower difficulty, i bet that will increase profits

I'm good with this as well, though the payouts thing isn't a big deal (I keep a running Excel log based on dates/times so I can easily keep up with earnings like that and calculate differences from day to day and such).

you can get those 24hours statistics from your user page

what user page?

Click on your payout amount on the far right and it takes you to a detailed payout page..

This isn't accurate at all, and here's why:

There are four sets of numbers: Unconfirmed | Untraded | Traded | Paid

Because of how the system works (confirming transactions, then sending the coins to an exchange to be traded in) different coins will take different amounts of time. If you are only looking at what you've been paid over 24 hours, you are missing the big picture. For example, you could have 80 mBTC waiting to be exchanged for a day, or you could have 300 mBTC waiting to be exchanged.

What you have to pay attention to is the entire amount, by adding up all four columns together. This gives you an accurate representation of what you have earned over a certain period.

So what I do is log the date/time/four columns. I then add up all the columns. To determine how much was earned over what period, I subtract the time of the update from the previous update, then find the differences between the two total columns. From here, I divide the differences by the hours in between the two checks, and then multiply by 24. This gives the most accurate view of what has been earned over 24 hours because it's looking at everything that is unconfirmed, waiting to be converted, converted *and* paid.

By calculating this way, are you seeing the return you would expect?  I am still seeing better profits than mining LTC, well at least during the last 4 days or so.

I'm really not sure yet... I just started logging the night before last but my hashrate has been a bit iffy (anywhere from 2.3-6 MH/s) and wasn't truly steady until this morning so it'll take a couple days to get accurate results.
full member
Activity: 151
Merit: 100
im happy with 1 payout per day as there's no info of our earnings

so the 1 payout per day will give me an indication of my 24hour earnings.

also vardiff or lower difficulty, i bet that will increase profits

I'm good with this as well, though the payouts thing isn't a big deal (I keep a running Excel log based on dates/times so I can easily keep up with earnings like that and calculate differences from day to day and such).

you can get those 24hours statistics from your user page

what user page?

Click on your payout amount on the far right and it takes you to a detailed payout page..

This isn't accurate at all, and here's why:

There are four sets of numbers: Unconfirmed | Untraded | Traded | Paid

Because of how the system works (confirming transactions, then sending the coins to an exchange to be traded in) different coins will take different amounts of time. If you are only looking at what you've been paid over 24 hours, you are missing the big picture. For example, you could have 80 mBTC waiting to be exchanged for a day, or you could have 300 mBTC waiting to be exchanged.

What you have to pay attention to is the entire amount, by adding up all four columns together. This gives you an accurate representation of what you have earned over a certain period.

So what I do is log the date/time/four columns. I then add up all the columns. To determine how much was earned over what period, I subtract the time of the update from the previous update, then find the differences between the two total columns. From here, I divide the differences by the hours in between the two checks, and then multiply by 24. This gives the most accurate view of what has been earned over 24 hours because it's looking at everything that is unconfirmed, waiting to be converted, converted *and* paid.

By calculating this way, are you seeing the return you would expect?  I am still seeing better profits than mining LTC, well at least during the last 4 days or so.
legendary
Activity: 1988
Merit: 1007
im happy with 1 payout per day as there's no info of our earnings

so the 1 payout per day will give me an indication of my 24hour earnings.

also vardiff or lower difficulty, i bet that will increase profits

I'm good with this as well, though the payouts thing isn't a big deal (I keep a running Excel log based on dates/times so I can easily keep up with earnings like that and calculate differences from day to day and such).

you can get those 24hours statistics from your user page

what user page?

Click on your payout amount on the far right and it takes you to a detailed payout page..

This isn't accurate at all, and here's why:

There are four sets of numbers: Unconfirmed | Untraded | Traded | Paid

Because of how the system works (confirming transactions, then sending the coins to an exchange to be traded in) different coins will take different amounts of time. If you are only looking at what you've been paid over 24 hours, you are missing the big picture. For example, you could have 80 mBTC waiting to be exchanged for a day, or you could have 300 mBTC waiting to be exchanged.

What you have to pay attention to is the entire amount, by adding up all four columns together. This gives you an accurate representation of what you have earned over a certain period.

So what I do is log the date/time/four columns. I then add up all the columns. To determine how much was earned over what period, I subtract the time of the update from the previous update, then find the differences between the two total columns. From here, I divide the differences by the hours in between the two checks, and then multiply by 24. This gives the most accurate view of what has been earned over 24 hours because it's looking at everything that is unconfirmed, waiting to be converted, converted *and* paid.
full member
Activity: 196
Merit: 100
im happy with 1 payout per day as there's no info of our earnings

so the 1 payout per day will give me an indication of my 24hour earnings.

also vardiff or lower difficulty, i bet that will increase profits

I'm good with this as well, though the payouts thing isn't a big deal (I keep a running Excel log based on dates/times so I can easily keep up with earnings like that and calculate differences from day to day and such).

you can get those 24hours statistics from your user page

what user page?

Click on your payout amount on the far right and it takes you to a detailed payout page..
member
Activity: 91
Merit: 10
im happy with 1 payout per day as there's no info of our earnings

so the 1 payout per day will give me an indication of my 24hour earnings.

also vardiff or lower difficulty, i bet that will increase profits

I'm good with this as well, though the payouts thing isn't a big deal (I keep a running Excel log based on dates/times so I can easily keep up with earnings like that and calculate differences from day to day and such).

you can get those 24hours statistics from your user page

what user page?
sr. member
Activity: 490
Merit: 250
im happy with 1 payout per day as there's no info of our earnings

so the 1 payout per day will give me an indication of my 24hour earnings.

also vardiff or lower difficulty, i bet that will increase profits

I'm good with this as well, though the payouts thing isn't a big deal (I keep a running Excel log based on dates/times so I can easily keep up with earnings like that and calculate differences from day to day and such).

you can get those 24hours statistics from your user page
member
Activity: 91
Merit: 10
im happy with 1 payout per day as there's no info of our earnings

so the 1 payout per day will give me an indication of my 24hour earnings.

also vardiff or lower difficulty, i bet that will increase profits


+1 on all the above..

+1 from me aswell

Getting better speeds since today.

in not Sad

showing 2300-2600khs but im mining at 3000khs
legendary
Activity: 1537
Merit: 1005
im happy with 1 payout per day as there's no info of our earnings

so the 1 payout per day will give me an indication of my 24hour earnings.

also vardiff or lower difficulty, i bet that will increase profits


+1 on all the above..

+1 from me aswell

Getting better speeds since today.
legendary
Activity: 1988
Merit: 1007
im happy with 1 payout per day as there's no info of our earnings

so the 1 payout per day will give me an indication of my 24hour earnings.

also vardiff or lower difficulty, i bet that will increase profits

I'm good with this as well, though the payouts thing isn't a big deal (I keep a running Excel log based on dates/times so I can easily keep up with earnings like that and calculate differences from day to day and such).
full member
Activity: 196
Merit: 100
im happy with 1 payout per day as there's no info of our earnings

so the 1 payout per day will give me an indication of my 24hour earnings.

also vardiff or lower difficulty, i bet that will increase profits


+1 on all the above..
member
Activity: 91
Merit: 10
im happy with 1 payout per day as there's no info of our earnings

so the 1 payout per day will give me an indication of my 24hour earnings.

also vardiff or lower difficulty, i bet that will increase profits
full member
Activity: 196
Merit: 100
Profits seem better now getting a nice premium v/ LTC

Same here..   Hoping its a good sign we are over the hump..   Smiley
hero member
Activity: 1395
Merit: 505
Profits seem better now getting a nice premium v/ LTC
full member
Activity: 196
Merit: 100
Thanks H2O for your very detailed update letting us know what is in the works and where we are currently at..   It all looks good to me..

Things seems to be working pretty well now...  Happy with my payaout's yesterday and the way todays is looking..


p.s   I am happy with just 1 payout per day...
sr. member
Activity: 490
Merit: 250
we would like to have an eu pool.. Cool Cool Cool


+1

I would like an eu.pool too.

I vote for VARDIFF difficulty more than eu server Wink

Also I vote for 2-3 payments a day (each 8Hours or each 12Hours)
hero member
Activity: 505
Merit: 500
we would like to have an eu pool.. Cool Cool Cool


+1

I would like an eu.pool too.
full member
Activity: 238
Merit: 119
so perhaps u have to kick a few coins in future which dont have the volume for this pool.

Volume is taken into account in the profit calculation.

So there's no reason to kick coins out. Just "suspend" them, so I don't have them taking up CPU power.
sr. member
Activity: 294
Merit: 250
so perhaps u have to kick a few coins in future which dont have the volume for this pool.
full member
Activity: 238
Merit: 119
Sounds good. Your pool is probably less than 5% efficiency from more than doubling in size, (likely even without efficiency increase)  also assuming the increase in fees.

 At what point will exchange volume factor into this potential growth? This question was posed by another earlier in this thread I believe. I could speculate that the LTC market will diversify holdings and hash in the coming days/weeks and it could serve to help balance the market.

The exchange volume has already played a major factor in profits. The more hashrate we have, the more we drive difficulty up, and exchange prices down. That is happening on a continuous basis, with lots of coins.

But there are a lot of coins that have high exchange volumes. So we'll be fine unless our pool hashrate gets absolutely massive.
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