Author

Topic: Dissapointing returns Middlecoin (Read 766 times)

full member
Activity: 148
Merit: 100
December 14, 2013, 08:46:41 PM
#2
I've been using Middlecoin now for several week and while it was initially slow, over time it has averaged out much better than direct mining myself.

From what I could see it came down to the immature coins, and while the operator isn't divulging his trading methods my gut feeling is he adopts a hold-and-sell strategy on some of the more volatile coins which is why you may not see a profit coming through for several days.

Stick with it for at least a week before you make your mind up. Make sure you set a secondary failover pool though because I have noticed the odd periods of dropout with the Middlecoin pool and would rather see my rig mining something productively.
newbie
Activity: 47
Merit: 0
December 13, 2013, 03:18:49 AM
#1
As I can't post in the middlecoin thread yet, i'll do it here. I am getting lower payouts (exchanged) than anticipated since I started mining in the middlecoin pool. When I look in the charts at the people that have similar hashrate than mine, I somehow get a lot less payed out.
I have been mining for more than 2 full days () now and earn rougly 0.0075 BTC per 24h at an average 720kh/s (cgminer average). I have cgwatcher setup, so it's not that cgminer is losing connection or having problems.

My setup has a Gigabyte x280 oc 3GB running at 1049/1500 which gives me the best kh/s. And at the end of the day cgminer actually shows my average to be 720kh/s.

If I were to mine LTC I would earn more. Yet everyone else seems to earn more with middlecoin. I don't get it. Anyone have a clue what the problem could be?
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