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

[kylekartan]

Is it normal for the pool to hang on to such a large amount of alt coins like this? Does the admin try to time the markets?

And yes i am new. Just trying to understand what is going on. I guess i am not used to being in the dark so much.
Not here to bash the pool. Just discuss it. I am still mining away.

Normal...not exactly...unheard of? nope. It happens from time to time, h20 will wait a bit for the coin (whatever it is) to be more profitable before exchanging it. It happens from time to time, and it's almost always worth waiting as it usually means a particularly good payday is around the corner.

Get used to being in the dark...h20 isn't the best at communicating everything, but ultimately it doesn't matter as I get paid and I have to do next to zero work to maintain my miners.

[Tripjammer]

No payout here either. H20 needs to come correct which I know he will if not peeps will leave in droves.

Post something on twitter h20 tell us something...

Also stats are fucked again...I don't think they ever work yesterday..

[-droid-]

I got .027 yesterday for 7mh, but un-exchanged is pretty high

[igroock]

Interesting, is Middlecoin exposed to MtGox unsolvency?

Who knows. All I can tell is you issues have been therefrom the start. I dont know how the pool got so big with that many issues. Unless people leave their systems unattended, then maybe that is why its able to maintain such high hash rates. I know if I was running a business, which is what MC is, I would communicate with people that support your pool on a daily basis, or at least employ someone to do that.

I also dont understand why people arent taking advantage of other pools such as Waffle and HashBros.

IF YOU DON'T LIKE IT HERE, GO SOMEWHERE ELSE. LEAVE.  EXHUENT.  DEPART. 



What is so effing hard about that concept?  Are you are brain dead, a masochist, or just another self-obsessed, "look at poor little me" whiner?

Why you so mad though? Go outside and get some fresh air

[Damnsammit]

Who knows. All I can tell is you issues have been therefrom the start. I dont know how the pool got so big with that many issues. Unless people leave their systems unattended, then maybe that is why its able to maintain such high hash rates. I know if I was running a business, which is what MC is, I would communicate with people that support your pool on a daily basis, or at least employ someone to do that.

I also dont understand why people arent taking advantage of other pools such as Waffle and HashBros.

That answer is easy.  It was more profitable than any other pool since it's inception.  Now there are clones of it, but h2o has them beat in terms of experience, so I stick with him.

Go take advantage of your CleverWaffleBros.  No one will stop you.

[fcmatt]

Who knows. All I can tell is you issues have been therefrom the start. I dont know how the pool got so big with that many issues. Unless people leave their systems unattended, then maybe that is why its able to maintain such high hash rates. I know if I was running a business, which is what MC is, I would communicate with people that support your pool on a daily basis, or at least employ someone to do that.

I also dont understand why people arent taking advantage of other pools such as Waffle and HashBros.

That answer is easy.  It was more profitable than any other pool since it's inception.  Now there are clones of it, but h2o has them beat in terms of experience, so I stick with him.

Go take advantage of your CleverWaffleBros.  No one will stop you.

I dont think telling people to stop giving criticism of the pool and going else where is constructive. Sure, complaining bitterly at the first  sign of a problem aint cool but people do have to alert others that it is just not them. Also expecting an admin to be posting on the forums 24 hours a day aint realistic also.

But i do bet middlecoin got a lot of new users over the last few days so being on top of things is in the admins benefits until they get more comfortable. But anyway.. People will decide for themselves. I figured at least 3 full days of mining before my payout became normal and it is on track. Expecting middlecoin to be like pps or prop is not realistic. So here is to looking forward to better payouts and the admin has a lot more to lose then i do. He will get us back on track.

[g0re79]

Stats back for me, bit confusing results imho but i don´t care at all - loosing a day or week of mining is not so big deal (unlike other noob bitching wannaberichsoon scums thinks). I´d more like to know how many ppl are involved in running MC - everyone can count how nice profit is 3% from 22GHs of scrypt - hope its enough to hire some really tought guys to secure daily income of +200k USD from mining.. Otherwise I hope H2O is tripple handed ninja king living in vault 200ft bellow surface

[jedimstr]

The high unexchanged is fairly common. People ask about it every week.

I've been on Middlecoin continuous since last summer, and beta tested them with another address earlier in 2013.  Others pools have popped up on occasion and I've tried most of them.  Only Hashcows came close to matching Middlecoin's rate of payout averaged over a long span of time, but they haven't been the same since their holiday hack.

None of the other pools have Middlecoin's primary strength: H20dyssey's ability to sell coins when no one else can at a price no one can match.  He manually trades like a hedgefund manager instead of just relying on Autotrade. High unexchanged is an artifact of this.

Biggest example was during the Doge craze during the winter holidays.  He jumped on Doge 4 days before any other pool did, then waited to sell until Cryptsy locked up with Doge exchange issues.   Hashcows and direct Doge miners couldn't sell on their favored exchange.  People were clamoring to buy but couldn't.   H20 sold and we made a killing.  That's what your 3.88% or so fee goes to.   Well worth it.  

So don't worry about these high unexchanged values.  I love it when they get high, because at the end of the day, we get a bigger payout than if we just autosold everything like all the other multi pools out there during a market downtrend.

BTW- this isn't even close to the highest unexchanged values we've seen.

[Damnsammit]

The high unexchanged is fairly common. People ask about it every week.

I've been on Middlecoin continuous since last summer, and beta tested them with another address earlier in 2013.  Others pools have popped up on occasion and I've tried most of them.  Only Hashcows came close to matching Middlecoin's rate of payout averaged over a long span of time, but they haven't been the same since their holiday hack.

None of the other pools have Middlecoin's primary strength: H20dyssey's ability to sell coins when no one else can at a price no one can match.  He manually trades like a hedgefund manager instead of just relying on Autotrade. High unexchanged is an artifact of this.

Biggest example was during the Doge craze during the winter holidays.  He jumped on Doge 4 days before any other pool did, then waited to sell until Cryptsy locked up with Doge exchange issues.   Hashcows and direct Doge miners couldn't sell on their favored exchange.  People were clamoring to buy but couldn't.   H20 sold and we made a killing.  That's what your 3.88% or so fee goes to.   Well worth it.  

So don't worry about these high unexchanged values.  I love it when they get high, because at the end of the day, we get a bigger payout than if we just autosold everything like all the other multi pools out there during a market downtrend.

BTW- this isn't even close to the highest unexchanged values we've seen.

Bingo.

That's the primary reason I haven't even tried the other clones.  Maybe if someone else makes a pool that can be better than Middlecoin then I will switch, but I always hear mixed reviews which either put them on par with Middlecoin or slightly less profitable. 

[Wipeout2097]

The high unexchanged is fairly common. People ask about it every week.

I've been on Middlecoin continuous since last summer, and beta tested them with another address earlier in 2013.  Others pools have popped up on occasion and I've tried most of them.  Only Hashcows came close to matching Middlecoin's rate of payout averaged over a long span of time, but they haven't been the same since their holiday hack.

None of the other pools have Middlecoin's primary strength: H20dyssey's ability to sell coins when no one else can at a price no one can match.  He manually trades like a hedgefund manager instead of just relying on Autotrade. High unexchanged is an artifact of this.

Biggest example was during the Doge craze during the winter holidays.  He jumped on Doge 4 days before any other pool did, then waited to sell until Cryptsy locked up with Doge exchange issues.   Hashcows and direct Doge miners couldn't sell on their favored exchange.  People were clamoring to buy but couldn't.   H20 sold and we made a killing.  That's what your 3.88% or so fee goes to.   Well worth it.  

So don't worry about these high unexchanged values.  I love it when they get high, because at the end of the day, we get a bigger payout than if we just autosold everything like all the other multi pools out there during a market downtrend.

BTW- this isn't even close to the highest unexchanged values we've seen.

People should read this before complaining itt.

That's exactly how Middlecoin should remain, crappy website, barely no contact from h2o, and all that. He has better things to do than socializing online; for socializing I bet the man prefers his family and RL friends than noisy, low hash malcontents. Please, please go elsewhere if you don't like this pool, or you like cute graphics or "build communities". Leave more server resources and less stales for the rest of us.

[superminer]

Well, by that amount of money h2o is making ... better servers or a better scaling software is not too much to ask.

Everything else is fine.

[ecliptic]

He probably bought his way/otherwise has those insider connections on crypstsy which allow him to bypass the 12+ hour delays on deposits

nothing more you need.

[superman3486]

I do hope H20 has implemented MAXCOIN as the profitability is damn good

[caution]

As for the weak payouts on middlecoin, I bet you guys were mining on the wrong kittehcoin fork and h2o didn't catch it almost all day. Lots of pools had a big orphan stretch because of the fork.

that would explain my disaster of a day (first time not making payout with 3 Mh's), made more mining smartcoin with only a third of the hashing power lol

[DrunkenDonkey]

I do hope H20 has implemented MAXCOIN as the profitability is damn good

He can't, it is using customized miner, unless he opens a server special for it.

[jedimstr]

Out of all the other multi-scrypt coin most-profit pools out there other than Middlecoin, there are only three I've seen with the possibility of competing long term (the key here is LONG TERM).

1. HashCows - if they can get their pool back up to the rates and power they had before the hack, they're in contention.  Right now they're woefully underpowered (my sentiments and assessment of their current state of affairs have been agreed to by their admins Atriz and NearMiss).
2. Wafflepool - I've evaluated them 3 times, and each time it totally underperformed MC over the course of a week.  They rely heavily on autotrading, so they'll need to get their hands dirty with manual trading if they hope to compete.  Still, they have a good infrastructure and site setup so far.
3. ScryptGuild - Eleuthuria of BTCGuild has this as a new pet project and it's currently in Alpha with partial features.  He's planning on a public beta soon.  He will eventually have auto-trade and conversion to BTC, but this is not active yet.  Right now it's more like Multi-pool, but it will eventually resemble Hashcows in capability (options to either keep coins or trade to BTC) with the added capability to keep mining your specific controlled set of coins or let it Auto-jump to most profitable (like MC and Hashcows now).  I haven't seen this one talked much about here, but it has one of the biggest BTC Pool masterminds behind it and as such will probably have the strongest backend infrastructure which will be shared with the huge and powerful BTCGuild.  One to watch.

I'll be keeping an eye on all of these, and other smaller pools mentioned here, but for now Middlecoin is still the most profitable I've seen.

[FrankieSaysRelax]

Out of all the other multi-scrypt coin most-profit pools out there other than Middlecoin, there are only three I've seen with the possibility of competing long term (the key here is LONG TERM).

1. HashCows - if they can get their pool back up to the rates and power they had before the hack, they're in contention.  Right now they're woefully underpowered (my sentiments and assessment of their current state of affairs have been agreed to by their admins Atriz and NearMiss).
2. Wafflepool - I've evaluated them 3 times, and each time it totally underperformed MC over the course of a week.  They rely heavily on autotrading, so they'll need to get their hands dirty with manual trading if they hope to compete.  Still, they have a good infrastructure and site setup so far.
3. ScryptGuild - Eleuthuria of BTCGuild has this as a new pet project and it's currently in Alpha with partial features.  He's planning on a public beta soon.  He will eventually have auto-trade and conversion to BTC, but this is not active yet.  Right now it's more like Multi-pool, but it will eventually resemble Hashcows in capability (options to either keep coins or trade to BTC) with the added capability to keep mining your specific controlled set of coins or let it Auto-jump to most profitable (like MC and Hashcows now).  I haven't seen this one talked much about here, but it has one of the biggest BTC Pool masterminds behind it and as such will probably have the strongest backend infrastructure which will be shared with the huge and powerful BTCGuild.  One to watch.

I'll be keeping an eye on all of these, and other smaller pools mentioned here, but for now Middlecoin is still the most profitable I've seen.

There is also clevermining.com

[SimonG]

hahahaha

So despite my advise to leave this shitty scam pool people are still here mining directly to h20's pocket.

Just look at all your unexchanged coins h20 is skimming through exchanges every day without you giving a shit.

His last post in this forum was on January 19, 2014. Almost a month since now, how the fuck you you trust this scammer?

[kalus]

i'm not sure what you said, simong, becuase you're ignored, but it's good to know some things haven't changed.  

if this site was irrelevant, you wouldn't bother.  

[jedimstr]

Out of all the other multi-scrypt coin most-profit pools out there other than Middlecoin, there are only three I've seen with the possibility of competing long term (the key here is LONG TERM).

1. HashCows - if they can get their pool back up to the rates and power they had before the hack, they're in contention.  Right now they're woefully underpowered (my sentiments and assessment of their current state of affairs have been agreed to by their admins Atriz and NearMiss).
2. Wafflepool - I've evaluated them 3 times, and each time it totally underperformed MC over the course of a week.  They rely heavily on autotrading, so they'll need to get their hands dirty with manual trading if they hope to compete.  Still, they have a good infrastructure and site setup so far.
3. ScryptGuild - Eleuthuria of BTCGuild has this as a new pet project and it's currently in Alpha with partial features.  He's planning on a public beta soon.  He will eventually have auto-trade and conversion to BTC, but this is not active yet.  Right now it's more like Multi-pool, but it will eventually resemble Hashcows in capability (options to either keep coins or trade to BTC) with the added capability to keep mining your specific controlled set of coins or let it Auto-jump to most profitable (like MC and Hashcows now).  I haven't seen this one talked much about here, but it has one of the biggest BTC Pool masterminds behind it and as such will probably have the strongest backend infrastructure which will be shared with the huge and powerful BTCGuild.  One to watch.

I'll be keeping an eye on all of these, and other smaller pools mentioned here, but for now Middlecoin is still the most profitable I've seen.

There is also clevermining.com

Yeah I haven't evaluated them and they're brand spanking new, so didn't want to render an unqualified opinion on them yet.  We'll see how they do long term.