[ANN] profit switching auto-exchanging pool - www.middlecoin.com

[jedimstr]

Why do you think he's having problems with the SQL programming?

Because he hasn't thanked people for help on his twitter feed in reference to SQL database programming.

I think you mean "has".

[ButterBread]

it's a gpu, cli software, and really basic math.. time may be spent tweaking settings, but this is cake.. taking candy from a baby.. easiest money i've ever made.. i guarantee, without a doubt, that my setup is more complicated than others for the low 1.2MH/s max i have.. took maybe 1/2 day to setup and a days worth of coding to automate it all.. i simply don't have the problems that keep coming up here..

I mean no offense, but one rig with 1.2Mh/s? I can imagine how that would only take 1/2 day to setup and why you don't have the problems that others may have.

But unless you're running it on Chinese child labour, I don't see how that is even comparable, complexity-wise, let alone more complicated?

[bitter_miner]

it's a gpu, cli software, and really basic math.. time may be spent tweaking settings, but this is cake.. taking candy from a baby.. easiest money i've ever made.. i guarantee, without a doubt, that my setup is more complicated than others for the low 1.2MH/s max i have.. took maybe 1/2 day to setup and a days worth of coding to automate it all.. i simply don't have the problems that keep coming up here..

I mean no offense, but one rig with 1.2Mh/s? I can imagine how that would only take 1/2 day to setup and why you don't have the problems that others may have.

But unless you're running it on Chinese child labour, I don't see how that is even comparable, complexity-wise, let alone more complicated?

i have 3 HTPC's that mine only when there's no activity for 1 min..
since nvidia cuda is shared between cudaminer and video playback, cudaminer likes to crash at startup, every now and again..
i wrote the HTPC software, so i had to add code to do this...
i wrote code to remotely manage all of the miners.. auto-update settings, change pools, auto-update miner software, monitor temp, fan speed, etc..
i tunnel cpu miners over ssh, running between 98-99.5% efficiency.. tunnel's drop, there's lag, etc.. as good as it gets..
1 1/2 days total investment.. smooth sailing..
i have 5 total, just to get 1.2MH/s..

[jedimstr]

take this level of communication and apply it to, say, your isp, your bank, or your mobile provider.. how long would you stick around if they decided to tweet customer service??

no email provided.. no phone number to contact.. just a forum profile link, a faq and the most basic of html sites known to mankind..
there's little to no business transparency at middlecoin, so we're all reduced to speculation.. waiting for a lovely tweet..

(For the record, I read your whole post and know you're fine with the profits of Middlecoin, but I'm responding to this since I've seen this mentioned multiple times now)

Seriously, people. Take all of 5 minutes and browse multiple threads not only in this sub-forum, but the bitcoin-only forums as well. Know what you'll find? Trolls, trolls, and more trolls. People willing to yell "SCAM!" at even the slightest hint of trouble, and sometimes you still get people doing it anyway even without any trouble. The huge influx of people into the world of crypto currency are very skittish.

Please, by all means: open up a pool and build it up to being one of the largest altcoin pools -- profit-switching or otherwise -- available. Now make your e-mail (even if you create a new one specifically for your pool) public. Setup a phone number for the pool. Everything will be flooded with complaints at the first hint of trouble, never mind the people e-mailing and calling in an attempt to troll. God forbid any one of them gets a hold of your address and calls the police on you for some bogus claim.

Time and time again people bring up these downsides. Certainly, if this was my bank or my ISP, services that require me to provide my personal information, then of course I would be wary of the customer service. However, that is not the case here. I am providing a simple wallet address for money to be sent my way, and that is it. No questions asked. My name does not have to be provided, let alone even an e-mail address. There is literally nothing that can be done apart from H20 just keeping all of the coins that we're mining on the pool. And considering I know roughly what to expect from my mining farm, should profits start to consistently be lower then I will move on to a different pool. As would anyone else in that situation.

In short: Middlecoin is for the lazy who don't want to bother with multiple exchanges, multiple wallets, or making tons of workers for each new pool. If people want pool admins that will hold their hand in trying to figure everything out to getting everything absolutely perfect, then please go to those pools. I do not need that customer service, as I can figure the shit out on my own. I would rather H20 focus on bettering the pool -- which he is already doing if you read his Twitter -- and doing whatever he can to maximize our profits, which in turn, maximizes his profits.

As for the people responding to the obvious trolls: just report them to the moderators, hit ignore, and move on.

^this is the best post in the last 50 pages...

Although, I'll admit the Homer Simpson panic attack one is a very close second.

[phaddie]

So funny that a few minutes after tealover posts, simon g rides along to back up his posts with more support! Almost like they are the same person, which makes sense for a crazy person hell bent on hurting this pool.

I wish this thread was still useful, but every time the stats glitch you all start screaming that the sky is falling and freak out, or just whine about payouts every day. I've got a lot of hardware pointed at this pool  and I'm very happy with how well it works.

Buy more cards, buy more risers from me make bigger rigs and get more coin!!

Pretty easy to do.

+ abillion

[sgsdebruijn]

What I don't get is a pool that's actively paying out on a daily basis upwards of £100,000 is coming to a standstill statistically, Because one man goes to sleep, (While we just so happen to have massive amounts of unexchanged)

The handling of the site and the pool and the data, If you don't mind me saying, ''Should'' now be treated with a higher amount of urgency because of the status it has achieved.

Or perhaps I'm wrong and we should all accept a man that's earning £3000 a day can just forget about it until hes ready to wake up ?

Why is it your concern how much h20 is earning?  Envy?  Jealousy?

Err.. But that's not what the man was saying, not at all.

Oh, and what a great "shut the f**k up or get the f** out" comeback to a reasonable observation (slow applause). After 20 pages or so, it was long overdue

Damn miners, coming here and questioning the operation of a pool they share 3% with!

Next thing you know they'll be questioning the rock as well! Heresy I tells ya, pure heresy!!

But seriously, I think the man raised a valid point. An operation this big shouldn't depend on one man.

"it's just a display issue, will be fixed soon"?

True, but anything could be happening to the pool when stats are down and no one would ever know about it. It's not like they are ever corrected afterwards (or even could be corrected, since coingeek simply captures the real-time values).

So for all we know the pool could go caca-cuckoo while the stats are down and/or the operator's asleep.

So it is, we are talking about a lot of money and we all wanna have a short ROI on our hardware/investments.
Only H20 knows what's going on when the stats are flatlined, it is no garanty that the submittd shares payed out.
Last 3 days where ok but the days before where less good

[RickJamesBTC]

Way too much work. I want another mh I zip tie two more cards onto one of the racks.

Blah blah, include a quote from the guy writing code to mine with CPUs. Oops.

[bitter_miner]

take this level of communication and apply it to, say, your isp, your bank, or your mobile provider.. how long would you stick around if they decided to tweet customer service??

no email provided.. no phone number to contact.. just a forum profile link, a faq and the most basic of html sites known to mankind..
there's little to no business transparency at middlecoin, so we're all reduced to speculation.. waiting for a lovely tweet..

(For the record, I read your whole post and know you're fine with the profits of Middlecoin, but I'm responding to this since I've seen this mentioned multiple times now)

Seriously, people. Take all of 5 minutes and browse multiple threads not only in this sub-forum, but the bitcoin-only forums as well. Know what you'll find? Trolls, trolls, and more trolls. People willing to yell "SCAM!" at even the slightest hint of trouble, and sometimes you still get people doing it anyway even without any trouble. The huge influx of people into the world of crypto currency are very skittish.

Please, by all means: open up a pool and build it up to being one of the largest altcoin pools -- profit-switching or otherwise -- available. Now make your e-mail (even if you create a new one specifically for your pool) public. Setup a phone number for the pool. Everything will be flooded with complaints at the first hint of trouble, never mind the people e-mailing and calling in an attempt to troll. God forbid any one of them gets a hold of your address and calls the police on you for some bogus claim.

Time and time again people bring up these downsides. Certainly, if this was my bank or my ISP, services that require me to provide my personal information, then of course I would be wary of the customer service. However, that is not the case here. I am providing a simple wallet address for money to be sent my way, and that is it. No questions asked. My name does not have to be provided, let alone even an e-mail address. There is literally nothing that can be done apart from H20 just keeping all of the coins that we're mining on the pool. And considering I know roughly what to expect from my mining farm, should profits start to consistently be lower then I will move on to a different pool. As would anyone else in that situation.

In short: Middlecoin is for the lazy who don't want to bother with multiple exchanges, multiple wallets, or making tons of workers for each new pool. If people want pool admins that will hold their hand in trying to figure everything out to getting everything absolutely perfect, then please go to those pools. I do not need that customer service, as I can figure the shit out on my own. I would rather H20 focus on bettering the pool -- which he is already doing if you read his Twitter -- and doing whatever he can to maximize our profits, which in turn, maximizes his profits.

As for the people responding to the obvious trolls: just report them to the moderators, hit ignore, and move on.

he is a service provider, however.. i actually agree with you, mostly.. it's not a scam, that's not at all what i was saying... we may be satisfied, but it's still a business, regardless.. personal information, or not..

[ButterBread]

it's a gpu, cli software, and really basic math.. time may be spent tweaking settings, but this is cake.. taking candy from a baby.. easiest money i've ever made.. i guarantee, without a doubt, that my setup is more complicated than others for the low 1.2MH/s max i have.. took maybe 1/2 day to setup and a days worth of coding to automate it all.. i simply don't have the problems that keep coming up here..

I mean no offense, but one rig with 1.2Mh/s? I can imagine how that would only take 1/2 day to setup and why you don't have the problems that others may have.

But unless you're running it on Chinese child labour, I don't see how that is even comparable, complexity-wise, let alone more complicated?

i have 3 HTPC's that mine only when there's no activity for 1 min..
since nvidia cuda is shared between cudaminer and video playback, cudaminer likes to crash at startup, every now and again..
i wrote the HTPC software, so i had to add code to do this...
i wrote code to remotely manage all of the miners.. auto-update settings, change pools, auto-update miner software, monitor temp, fan speed, etc..
i tunnel cpu miners over ssh, running between 98-99.5% efficiency.. tunnel's drop, there's lag, etc.. as good as it gets..
1 1/2 days total investment.. smooth sailing..
i have 5 total, just to get 1.2MH/s..

Impressive setup, but that's a completely different game you're playing

[willittobe]

i'm making, outside of the running costs, free money for essentially putting a pc together and running software on it.. and, more free money with middlecoin.. just sitting on my lazy ass, tweaking some settings every now and again.. this cheese is easy.. really, f'n easy..

It may be for you, but that's not my experience.

I find it a lot of work keeping 4 rigs going and dealing with issues that keep coming up. I've spent countless hours on researching, building and optimizing my 'operation', I value that time a lot higher than the money I put into it.

And everytime I think "ok all is working well, back to life's other interests" sh*t just keeps coming up

So it doesn't feel lazy, not at all.

And believe you me, I do know what lazy feels like! Boy, do I know lazy!

This. ++

[Cryptos2go]

No doubt there are some smart people here, kind of surprising there aren't a few more pools like middlecoin but better?

Then again the financial incentive probably just isn't there to make such a thing.

[bitter_miner]

Way too much work. I want another mh I zip tie two more cards onto one of the racks.

Blah blah, include a quote from the guy writing code to mine with CPUs. Oops.

i didn't write code for cpu mining, but it does add 50KH/s.. it's temporary, just to get enough to cash-out from another pool..
kinda be nice to be able to centrally manage that rack, remotely, like an admin.. bamt may have it, but i'm windows..
i didn't build new rigs, i retrofitted what i already have..

[HumbleMiner]

Personal stats are moving again.

[Cryptos2go]

Personal stats are moving again.

Same here 

[falsealarm_bf]

I hope the query on the "suggestion" is not what's in place; it's terribly inefficient. For starters, "FROM shares,users" is doing a left join which takes exponentially more resources than the appropriate inner join.

Suggested in http://pastebin.com/TQ206qQj:

Code:

SELECT users.username,COUNT(shares.*) FROM shares,users WHERE time<=FROM_UNIXTIME(1389867642) AND our_result='Y' AND users.userid=shares.userid GROUP BY shares.userid;

Much more efficient query:

Code:

SELECT u.username, COUNT(s.id)
FROM shares s
INNER JOIN users u ON u.userid=s.userid
WHERE s.time<=FROM_UNIXTIME(1389867642) AND s.our_result='Y'
GROUP BY s.userid

Note that this assumes that the shares table has an "id" column referenced in the COUNT operator. Doing a COUNT(*) also burns up unnecessary resources; it should be COUNT({unique column})

You might want to pastebin this and tweet the link to him. Otherwise, he won't be seeing it among all the other craptalk that goes on in this thread (including mine at times). Might want to ask for an explain plan afterwards, I curious how it will turn up if he agrees to implement it.

[RickJamesBTC]

Way too much work. I want another mh I zip tie two more cards onto one of the racks.

Blah blah, include a quote from the guy writing code to mine with CPUs. Oops.

i didn't write code for cpu mining, but it does add 50KH/s.. it's temporary, just to get enough to cash-out from another pool..
kinda be nice to be able to centrally manage that rack, remotely, like an admin.. bamt may have it, but i'm windows..
i didn't build new rigs, i retrofitted what i already have..

I use cg remote. And you really need to run Linux with racks of headless miners. I can solve problems in seconds instead of having to deal with windows issues.

[SimonG]

H20 SCAM ALERT!


People here to have to start realize they're wasting 15 GH/s hashpower every hour mining dust.

All I do is trying to make you understand that h20 is a scammer who is taking A HUGE part of your profits while he can't even maintenance the database. So now as a temporary solution he raised difficulty to 1024 instead of fixing SQL script. From my eyes it looks a like an amateur has coded it.

A 14-year old kid could do better.

-------------------------------------------------------------------------

I also would like you to know I'm still taking invitation requests for my invite-only pool. Price is currently at 0.02 BTC to help make sure profits stays high.
We are always mining the most profitable coins, which is about 2-3x higher payouts than middlecoin.

Let me know if you're interested. You dont wanna miss this offer.

H20 SCAM ALERT!

[bitter_miner]

Way too much work. I want another mh I zip tie two more cards onto one of the racks.

Blah blah, include a quote from the guy writing code to mine with CPUs. Oops.

i didn't write code for cpu mining, but it does add 50KH/s.. it's temporary, just to get enough to cash-out from another pool..
kinda be nice to be able to centrally manage that rack, remotely, like an admin.. bamt may have it, but i'm windows..
i didn't build new rigs, i retrofitted what i already have..

I use cg remote. And you really need to run Linux with racks of headless miners. I can solve problems in seconds instead of having to deal with windows issues.

I now have the same for windows.. It takes seconds to manage.. No issues.. I'm not going to change my HTPC's over to Linux just to mine on a better OS and no longer have TV.. I use what I got.. The sw runs on linux, too.. I have 9u left in my rack to expand next month.. They will be Linux dedicated..

[Test User]

Much more efficient query:

Code:

SELECT u.username, COUNT(s.id)
FROM shares s
INNER JOIN users u ON u.userid=s.userid
WHERE s.time<=FROM_UNIXTIME(1389867642) AND s.our_result='Y'
GROUP BY s.userid

Note that this assumes that the shares table has an "id" column referenced in the COUNT operator. Doing a COUNT(*) also burns up unnecessary resources; it should be COUNT({unique column})

You're right about the count(*), but other than the queries are identical.

Every DB I've ever used will elide the cross join in the first query into an inner join, when an appropriate equality exists in the where clause.

What is desperately needed here is indexing. shares.time should have an index, to avoid a table scan.

[Oden]

People here to have to start realize they're wasting 15 GH/s hashpower every hour mining dust.

All I do is trying to make you understand that h20 is a scammer who is taking A HUGE part of your profits while he can't even maintenance the database. So now as a temporary solution he raised difficulty to 1024 instead of fixing SQL script. From my eyes it looks a like an amateur has coded it.

A 14-year old kid could do better.

-------------------------------------------------------------------------

I also would like you to know I'm still taking invitation requests for my invite-only pool. Price is currently at 0.02 BTC to help make sure profits stays high.
We are always mining the most profitable coins, which is about 2-3x higher payouts than middlecoin.

Let me know if you're interested. You dont wanna miss this offer.

ohh again and again the same story....

give us some screenshots with those payouts witch are 2-3x higher!!