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

[willittobe]

Also, the switch/disconnect frequency seem to had dropped way off, looks like the fix has rolled out.

I'm absolutely seeing higher avg hash rates since the last few hours.

Likewise here. Hashrate on US has improved by about 10% for my rigs.

Same here, not 10% but back closer to where it should be for sure!

[locksmith9]

I noticed some recent changes as well.
Has the coin name been inside the job name before? Like DOG_something or MOO_something? :-)

I wonder if H2O will end up pulling that so other pools can't easily detect his mining algorithms. As a miner it's nice to see it though.

[h2odysee]

The US server now has the new code, which doesn't disconnect on coin switches. It's bugged to have 1% extra rejects, which show up as "duplicate shares".

[pindis]

The US server now has the new code, which doesn't disconnect on coin switches. It's bugged to have 1% extra rejects, which show up as "duplicate shares".

Awesome! thank you for your time.

[bekho]

Great, thanks. I've noticed it's been performing much better these past few hours.

[eric89]

The US server now has the new code, which doesn't disconnect on coin switches. It's bugged to have 1% extra rejects, which show up as "duplicate shares".

Awesome!

Time to see how it goes!

[jam3zs]

awesome! great work h2o!

i guess this means i can remove load-balance now then?

[tealover]

The US server now has the new code, which doesn't disconnect on coin switches. It's bugged to have 1% extra rejects, which show up as "duplicate shares".

This is great news. Is the ETA until bug fix still Sunday?

[h2odysee]

This is great news. Is the ETA until bug fix still Sunday?

No idea really. We're just going to run with the bug for a while.

ETA on the EU server being setup right is moved up to tomorrow night.

[envy2010]

awesome! great work h2o!

i guess this means i can remove load-balance now then?

I would recommend doing that. I have seen less than a minute of downtime on the US server in the last 5 hours... only 2 disconnects and both resumed in seconds.

[bekho]

I noticed some recent changes as well.
Has the coin name been inside the job name before? Like DOG_something or MOO_something? :-)

I also noticed this recently, although only once I started to use cgminer 3.1.1. Personally, I don't think it makes much of a difference whether the names are there or not since it isn't too hard to determine what is being mined by looking at the reported network difficulty in cgminer.

[DontMineMe]

I am definitely noticing significant improvement in disconnects. Good job H2O ! You delivered fast on your word

[testthewhiterabbit]

Thanks h2o for your efforts!

To everyone else whining, if you are not happy move to another pool.  If you don't like the fees, move to another pool.  

I've been mining on the pool for 17 days straight on the US server with a decent amount of hashing power.  I've consistently made a decent amount of profit regardless of any small issues, have not had to restart a single one of my mining instances, and very happy with pool in general.

[Shaban]

The top miner has 355mhs, they have more rejected mhs than I have total lol.

H2o, I'm not going to accuse you of anything, but I do know big miners that have said you take more than your fees state you take. If you don't mind, can you show some sort of proof of how much you are taking? Maybe your public address so we can see how much you are withdrawing for yourself (even though you could have more than one and we would never know).  I would like to see more transparency in this pool. Idc what coin is being mined (as long as it's more profitable than mining LTC straight), but I would like to see the fees that are being taken.

Also as someone else stated before, what did you mean by a refund transaction?

[Soak]

Is someone able to explain me why my balance growing slower on the US server than on the EU one?



You can see I got better performance today on the rejects, using the custom cgminer from someone in the thread.

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/18hk9oJkkLYSHFMg4NKr52wci52PmZzeci.html

[envy2010]

The top miner has 355mhs, they have more rejected mhs than I have total lol.

H2o, I'm not going to accuse you of anything, but I do know big miners that have said you take more than your fees state you take. If you don't mind, can you show some sort of proof of how much you are taking? Maybe your public address so we can see how much you are withdrawing for yourself (even though you could have more than one and we would never know).  I would like to see more transparency in this pool. Idc what coin is being mined (as long as it's more profitable than mining LTC straight), but I would like to see the fees that are being taken.

Also as someone else stated before, what did you mean by a refund transaction?

Not to speak for h2o (I'd like to hear his thoughts on this) but this isn't quite that simple. There are a lot of steps to this process.

We (as miners) send hashpower to the server. We have no way to collectively see how many shares are valid blocks on the coin being mined, and we dont even know the coin being mined (even if h2o compiled and published data per share and per it would be extremely simple to fake).

Next, blocks go from the server wallets to exchanges. Again, this data could be published, but easily faked. We have no idea where h2o is trading coin (and I'm not sure I want to know), and what exchange rates are for the coins. Then, BTC are sent from exchanges (probably through middlecoin wallets) to users. The fee probably comes out here.

I'm all for transparency, and it would be nice to know a bit more about the inner workings here. However PROVING that the shares sent in should result in a certain amount of BTC out would be extraordinarily difficult, and would certainly expose everything about the process (which would consequently destroy much of the advantage middlecoin has over competitive pools).

[envy2010]

Is someone able to explain me why my balance growing slower on the US server than on the EU one?

You can see I got better performance today on the rejects, using the custom cgminer from someone in the thread.

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/18hk9oJkkLYSHFMg4NKr52wci52PmZzeci.html

Your mining on the US server results in unexchanged balance, which is paid out later. The EU server is immediately autotraded.

Check what the sum of immature, unexchanged, and balance add up to for each period.

[jimprofit99]

Is someone able to explain me why my balance growing slower on the US server than on the EU one?

http://image.noelshack.com/fichiers/2014/01/1388865136-balance.jpg

You can see I got better performance today on the rejects, using the custom cgminer from someone in the thread.

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/18hk9oJkkLYSHFMg4NKr52wci52PmZzeci.html

As you can see, when you are on the US Server, you accumulate a lot of unexchanged coins to be exchanged later.  When you're on the EU Server, the coins exchange quickly because it's only one currency, and the market is there.  As soon as H2O will have patched the EU Server, it will work exactly as the US Server and switch between many coins, and you will have to wait a bit more before seeing your Balance grow.

[chilin_dude]

You people aren't realising what he's saying, even if he adds up the blue, green and red on the US days it still comes to less than the red on the EU server.
Take the last day for example, 0.00222 Balance + 0.00216 + 0.0008 immature = 0.00518 That is the Cumulutive, COMPLETE TOTAL of his days mining, now look at the day before on just EU he got over 0.01, so no matter which way you look at it he has ended up with way less BTC (approx half)

Good to see a few updates in here from H20, that guy was too quick to label him a scammer (ironically given he's a scammer himself).
That being said, as a few others have said, please can you explain the large 'refund', how come someone needed a big refund?
Thanks.

[RickJamesBTC]

You people aren't realising what he's saying, even if he adds up the blue, green and red on the US days it still comes to less than the red on the EU server.
Take the last day for example, 0.00222 Balance + 0.00216 + 0.0008 immature = 0.00518 That is the Cumulutive, COMPLETE TOTAL of his days mining, now look at the day before on just EU he got over 0.01, so no matter which way you look at it he has ended up with way less BTC (approx half)

Good to see a few updates in here from H20, that guy was too quick to label him a scammer (ironically given he's a scammer himself).
That being said, as a few others have said, please can you explain the large 'refund', how come someone needed a big refund?
Thanks.

Do you guys know every transaction your bank or credit card company makes? Do you ask them for details about someone elses account? Either you are getting good results with the pool or you aren't. None of the pools are so open that you could tell if the numbers they paid out are accurate or not.