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

[gtraah]

The solution is so easy
Everone that dont like to mine on middlecoin can join some diff pool, noone is bind here in any kind, feel free to go.

An to tealover and the others, H2O told us already some days ago that the eta for the US Server fix is sunday.

If you look a bit arround you will see that all the altcoins are bad right now and that Doge also loose.

Ohh so its not Sunday there? Its already Monday where I am

[BombaUcigasa]

People please open your eyes.

1. I call H2O and the pool a possible scam

I call that you shut up already. If you don't mind, go elsewhere and mine and leave us alone.

We can figure it out ourselves. If not, we are stupid and/or we deserve it. So go now...

The payments have dwindled because of reduced profitability on the mined coins. Anyone with stable mining speed can clearly calculate this from their proceeds. h2o can take any fee he likes from the pool income, there is no way to transparently investigate this now. As long as this pool provides the best bitcoin/hash payment, it doesn't even matter. I have no reason to accept your bullshit propaganda and spam. Please, go.

[aclass]

I'm sick of this s***
I do not care who and where money get sent as long as the pool gives me good results. By that I mean better than direct LTC mining.
As someone said ... this is a private pool. If you want transparency .... make your own pool. If you want to know everything .... start mining 100 different s*** coins yourself.
tealover: And please leave this scam pool. We do not want you here. We would love to be blind and dumb and mine at middlecoin without you.

[BogdanT]

just my 2c:
- with a pool with many hundreds of people mining it, and many of them doing it for a living, a scam would quickly pop up, even in a 'closed' system like middlecoin.
- at which point all big miners will flee. Surely the pool won't die but from 10GH it will go to a couple of hundred MH
- nobody in it's right mind would 'steal' 90 BTC once, and risk losing 3% of more than 100BTC daily. This also applies for 'stealing' of 10% hashrate.
- PS: don't forget that this is an ARMS RACE. Wiki it. Hashrates are meant to go up, profits are meant to go down.

Nevertheless, if anyone has information that a scam is taking place, please post information and proof, start a new thread where more info can be gathered and share a bitcoin address for donations.

[BombaUcigasa]

I think some people are too jealous that h2o is raking in big bitcoins and they don't. They also don't have the competence to make a similar pool so they waste their time venting dramatically.

[tealover]

I'm sick of this s***
I do not care who and where money get sent as long as the pool gives me good results. By that I mean better than direct LTC mining.
As someone said ... this is a private pool. If you want transparency .... make your own pool. If you want to know everything .... start mining 100 different s*** coins yourself.
tealover: And please leave this scam pool. We do not want you here. We would love to be blind and dumb and mine at middlecoin without you.

Actually it's a PUBLIC pool. There's no registration like private pools.

[hutnik]

Actually it's a PUBLIC pool. There's no registration like private pools.

Well, you are now public tool. 

---
Running a pool is NOT very hard, I'm speaking from experience.
---

So what are you still doing here? Go run your own pool.

[aclass]

PUBLIC access pool is way different than PUBLIC owned/operated pool. We do now own shares in the pool. We just choose to use it until and when we see fit. See the difference?

I'm sick of this s***
I do not care who and where money get sent as long as the pool gives me good results. By that I mean better than direct LTC mining.
As someone said ... this is a private pool. If you want transparency .... make your own pool. If you want to know everything .... start mining 100 different s*** coins yourself.
tealover: And please leave this scam pool. We do not want you here. We would love to be blind and dumb and mine at middlecoin without you.

Actually it's a PUBLIC pool. There's no registration like private pools.

[pindis]

Here's the proof that was private messaged to me that shows H2O is scamming and taking much higher than 3% fee:



I've mentioned to someone for a few weeks now that MiddleCoin is starting to have the earmarks of a pool scam, like ArsBitcoin and Bonus Pool have done.  (Look up threads on Burning Toad or Clipse for more info, or I can find the threads if you like...)

I see even more earmarks lately.

H2o can clearly run a pool.  But, suddenly, he seems to not be able to run a pool anymore.  Two servers even running completely different configs.  Clipse pulled this same stuff.
(Actually, i wouldn't be shocked if Clipse has returned as H2o, but I haven't investigated that possibility...)

Suddenly MiddleCoin isn't even mining the most profitable coin.

Ridiculous accusations you say?

Here's my typical farm on MiddleCoin:

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/1BAdzvknPux2zqG2eNawvgitCW1aqwE4bb.html

Here's a rig pointed the past week or so at MiddleCoin, but sneakily using a different wallet (nothing wrong with this, but I wanted to see if the two graphs would differ):

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/137Y2XKQH9qHRDPL5dBNq7xUL3XSeL9uPg.html

As you can see, in the past few days they really look different.

My farm's unexchanged is actually going down (after H2o "fixed" some DB error whatever), while the single rig is going up.

Look at the previous days' graphs, they all look similar.  Until the past few days, and the past 24 hrs especially.

I did this split rig deal as my graphs were looking quite different from the pool's total graph.  Unexchanged was going up, while mine would flatline.

And yup, move a rig to a different wallet address, suddenly it looks better.

New wallet?  Give it a better payout.  Bait them to stay, make them think higher payouts will come.  Then lower them cleverly after a few weeks.

Seen this before.  And I'm seeing it again.

It's a scam pool.  Same people defending it tooth and nail right now will be the same ones crying foul when H2o splits with hundreds of BTC (which by the end of the yr, will be valued at millions $ or so...)

I just got this spat at me by the EU server:

a bunch of rejects
rejected (Job 'DOG_a2' not found)

DOG?  Isn't it on LTC? That's what H2O said he switched it to

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/18YXY35z1HgMoKqBFgiShGuqnhR7zdwwC6.html

That guy a crap-ton of hashing power (150,000 hash rate) Obviously he knew it was time to leave.
(and his graphs look like my farm, instead of like my single rig/pool graph.  His mining wasn't following what the pool was saying either)

I'm getting real tired of your shit Tealover... There could be SEVERAL reasons why the graph looks different. (US/EU Server). Rejects, stale. and just because you change your goddamn address doesn't mean it still mines the same coin.

Now if you still feel like it's a scam, I would like to invite you politely to gtfo of the pool.

[aclass]

look at the graphs closely... now check the kH graphs as well...

Add a note to the LTC display bug as well...

Yes, this as every other pool might be taking more. For example I mined LTC for a day with some hash power and while I expected about 1.5 I got 1.2... Bad luck? Maybe ... Stealing? Who knows... I just choose to point my rigs at the best option currently available and so should everyone!!!

Are you still mining at Middlecoin?
If so, why? If you are sure it's a scam.
If not. WTH are you doing in this thread? Getting ready to push your own pool? Just j*** off. LEAVE

And the guy that msg-ed you the PROOF... Why is he still mining at Middlecoin if he's sure he's getting scammed... LEAVE


The income from this and maybe every other pool WILL GO DOWN. In terms of crypto income at least. More and more power is coming around so if you expect the same BTC as yesterday - YOU ARE WRONG. IT WILL GO DOWN.

Middlecoin is now 10GH big. This is way too huge for altcoin pool, so PLEASE all unhappy miners around here... LEAVE... Our results will get better withou you.

Here's the proof that was private messaged to me that shows H2O is scamming and taking much higher than 3% fee:

...

[aclass]

I can not care less if you think I am an idiot or not. You are a proven scammer so why should we trust you? Give me ONE reason

You or anybody else have no ground for asking for backend info about the pool. IT IS NOT YOUR POOL.

Now please GTFO

PUBLIC access pool is way different than PUBLIC owned/operated pool. We do now own shares in the pool. We just choose to use it until and when we see fit. See the difference?

I'm sick of this s***
I do not care who and where money get sent as long as the pool gives me good results. By that I mean better than direct LTC mining.
As someone said ... this is a private pool. If you want transparency .... make your own pool. If you want to know everything .... start mining 100 different s*** coins yourself.
tealover: And please leave this scam pool. We do not want you here. We would love to be blind and dumb and mine at middlecoin without you.

Actually it's a PUBLIC pool. There's no registration like private pools.

Date Registered
January 04, 2014, 08:42:24 AM

Hmm are you H2O?

Public pool means anybody can join. You are comparing it to a private/public owned stock which makes no sense. You're an idiot

[MiMiMiner]

Here's the proof that was private messaged to me that shows H2O is scamming and taking much higher than 3% fee:



I've mentioned to someone for a few weeks now that MiddleCoin is starting to have the earmarks of a pool scam, like ArsBitcoin and Bonus Pool have done.  (Look up threads on Burning Toad or Clipse for more info, or I can find the threads if you like...)

I see even more earmarks lately.

H2o can clearly run a pool.  But, suddenly, he seems to not be able to run a pool anymore.  Two servers even running completely different configs.  Clipse pulled this same stuff.
(Actually, i wouldn't be shocked if Clipse has returned as H2o, but I haven't investigated that possibility...)

Suddenly MiddleCoin isn't even mining the most profitable coin.

Ridiculous accusations you say?

Here's my typical farm on MiddleCoin:

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/1BAdzvknPux2zqG2eNawvgitCW1aqwE4bb.html

Here's a rig pointed the past week or so at MiddleCoin, but sneakily using a different wallet (nothing wrong with this, but I wanted to see if the two graphs would differ):

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/137Y2XKQH9qHRDPL5dBNq7xUL3XSeL9uPg.html

As you can see, in the past few days they really look different.

My farm's unexchanged is actually going down (after H2o "fixed" some DB error whatever), while the single rig is going up.

Look at the previous days' graphs, they all look similar.  Until the past few days, and the past 24 hrs especially.

I did this split rig deal as my graphs were looking quite different from the pool's total graph.  Unexchanged was going up, while mine would flatline.

And yup, move a rig to a different wallet address, suddenly it looks better.

New wallet?  Give it a better payout.  Bait them to stay, make them think higher payouts will come.  Then lower them cleverly after a few weeks.

Seen this before.  And I'm seeing it again.

It's a scam pool.  Same people defending it tooth and nail right now will be the same ones crying foul when H2o splits with hundreds of BTC (which by the end of the yr, will be valued at millions $ or so...)

I just got this spat at me by the EU server:

a bunch of rejects
rejected (Job 'DOG_a2' not found)

DOG?  Isn't it on LTC? That's what H2O said he switched it to

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/18YXY35z1HgMoKqBFgiShGuqnhR7zdwwC6.html

That guy a crap-ton of hashing power (150,000 hash rate) Obviously he knew it was time to leave.
(and his graphs look like my farm, instead of like my single rig/pool graph.  His mining wasn't following what the pool was saying either)

'That guy' is me. I leaved because H2o is not communication very well. But I am back with a different address right now. If this pool is not fixed by monday - i am gone here.

[Reavon]

Mimiminer that an awesome hashrate!!!! my respect can you pls tell me how you set up that much ? Is that about 170  R9 290X in one motherboard ? xD or are scrypte asics outnow

[tealover]

Still have getwork failure errors on US server. It has gone down since H2O put the fix in, but still exist.

[MrJay]

Still have getwork failure errors on US server. It has gone down since H2O put the fix in, but still exist.

Will you please just STFU unless you have some definitive proof of wrong doings here.

Have you ever run a pool that auto switches coins to the most profitable, probably not, if you had you would be mining at your own pool.  If you don't like this place, stop throwing shit around in the hope that some of it will stick and just go mine else where.

h2o has outlined his time scale to get the US server fix (Sunday/today) and then clone it to the EU server (Monday/tomorrow).  I know from mining at various multicoin pools that they all have an issue with switching and throwing miners off with getwork errors. The pool is now 10GH and has grown by a huge number in the past couple of months, growing pains are expected.

Don't be the very first person I have to add to my ignore list on this forum.

[MiMiMiner]

Still have getwork failure errors on US server. It has gone down since H2O put the fix in, but still exist.

Will you please just STFU unless you have some definitive proof of wrong doings here.

Have you ever run a pool that auto switches coins to the most profitable, probably not, if you had you would be mining at your own pool.  If you don't like this place, stop throwing shit around in the hope that some of it will stick and just go mine else where.

h2o has outlined his time scale to get the US server fix (Sunday/today) and then clone it to the EU server (Monday/tomorrow).  I know from mining at various multicoin pools that they all have an issue with switching and throwing miners off with getwork errors. The pool is now 10GH and has grown by a huge number in the past couple of months, growing pains are expected.

Don't be the very first person I have to add to my ignore list on this forum.

Please read ALL posts before you tell somebody to shut up.

I just asked h2o today when the bug fix for US server was going in and his reply was:
"No idea really. We're just going to run with the bug for a while."

Sound like a legit guy to you?

I agree, that is really a bad answer.

[MiMiMiner]

Mimiminer that an awesome hashrate!!!! my respect can you pls tell me how you set up that much ? Is that about 170  R9 290X in one motherboard ? xD or are scrypte asics outnow

Yes, using a ASIC miner :-). Got 4 of them.

[Kalroth]

I just asked h2o today when the bug fix for US server was going in and his reply was:
"No idea really. We're just going to run with the bug for a while."

Sound like a legit guy to you?

It sounds like someone that's working on a server problem and don't know when it'll be fixed. Any software developer knows the feeling.
Or maybe he's just tired of the inane whining from a few people here.

Maybe you should take a break from these boards until you got something conclusive, something that isn't just FUD, kindergarten blockchain analysis and a general misconception of how h20 runs his pool.

[MrJay]

Still have getwork failure errors on US server. It has gone down since H2O put the fix in, but still exist.

Will you please just STFU unless you have some definitive proof of wrong doings here.

Have you ever run a pool that auto switches coins to the most profitable, probably not, if you had you would be mining at your own pool.  If you don't like this place, stop throwing shit around in the hope that some of it will stick and just go mine else where.

h2o has outlined his time scale to get the US server fix (Sunday/today) and then clone it to the EU server (Monday/tomorrow).  I know from mining at various multicoin pools that they all have an issue with switching and throwing miners off with getwork errors. The pool is now 10GH and has grown by a huge number in the past couple of months, growing pains are expected.

Don't be the very first person I have to add to my ignore list on this forum.

Please read ALL posts before you tell somebody to shut up.

I just asked h2o today when the bug fix for US server was going in and his reply was:
"No idea really. We're just going to run with the bug for a while."

Sound like a legit guy to you?

I've read all your shit, when are you going to answer the questions about your negative score?

It's not the best answer but where do you get off on this whole pool being a scam just from that?  I'm not defending h2o or this pool but your tirade of shit is just getting boring now.  If you don't like it, why bother posting crap about the pool, just GTFO and mine somewhere else and if it all does fall apart you can sit in your high position and say I told you so, until that happens STFU.

[Kluge]

@whoever PMd - look at those graphs again. They look exactly the same after you factor in the times when the single rig dropped out, with the exception of the single on early Saturday... it looks like it was occasionally switching while the farm was pointed entirely at EU.

The job title is just a hash. I'm not even sure "DOG_a2" is valid.