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

[Biggen]

Why do you guys keep feeding the troll?  Put him on ignore and be done with it already.

In other news, alt prices are tanking.  I'm betting tonight payout is going to suck.  Also, I'm noticing that the US server is switching between mining Doge and LTC.  Doge I can at least understand but why in the world would the U.S. server actually switch to mining LTC when there is literally a dozen more profitable coins above it to mine??

[aint_no_enthusiast]

Next up ITT:

1. Someone rambling that payouts suck
2. Someone rambling that h2o is skimming
3. Someone rambling that cgminer keeps disconnecting on coinchange
4. MiMiMiner rambling about that his x-hundred mh/s are going elsewhere

God, this thread is comedy gold.

Insanity: doing the same thing over and over again and expecting different results.

[Richard Branson]

Payout dropped more than 50% (EU Server). Same hashrate, no downtime (miners, no stales, ...).
Payout is less than on Litecoin pools.

Problem exists since EU server switched to litecoin.

[kalus]

Innocent until guilty? Well why did he transfer 90 bitcoins out of the pool to a private address and not use them for payments? That's not his 3% fee.

I never heard back from you after I paid for a video card. Card never came. You didn't log back in or respond. I auctioned the debt to someone else on the Forums, you still owe them a half bitcoin. In my book, you're a scammer. Mods thought that your account was a shill account.

Please PM me if you are interested in resolving this issue, I can connect you with the owner of this debt.

Thanks.

+1

[BombaUcigasa]

Innocent until guilty? Well why did he transfer 90 bitcoins out of the pool to a private address and not use them for payments? That's not his 3% fee.

 

[chadtn]

People in this thread are getting down right vicious.  It's getting to where I'm actually scared to check the updates.  Has anyone ever heard the story of Chicken Little?  lol

Chad

[MiMiMiner]

h2o, what coin are we mining right now in the US? I cant believe that this can be true

[Xamda]

Are we still mining LTC at EU server?

[locksmith9]

Don't know about EU, but for the past 10 minutes it looks like US has been switching between DOGE, LTC, and Worldcoin.

[Kalroth]

EU and US are the same right now, EU will be separated again once it's fixed.
Check the IP address of both hostnames.

[kalus]

blahblahblah unfounded accusation blah blah troll blahblahblah

I never heard back from you after I paid for a video card. Card never came. You didn't log back in or respond. I auctioned the debt to someone else on the Forums, you still owe them a half bitcoin. In my book, you're a scammer. Mods thought that your account was a shill account.

Please PM me if you are interested in resolving this issue, I can connect you with the owner of this debt.

Thanks.

+1

[BombaUcigasa]

The US (Coin switching pool) mining Litecoin...thats 1 of the worst coins to mine.

I have lost ALL faith in H2O and he still has not given a reason why he transferred 90 bitcoins out of the pool into his wallet instead of paying the pool with it.

Anyone that stays in the pool now is an idiot. I'm going to a different pool.

Wow, finally... thank science!

What took you so long?! (seeing how you claim to be of higher intelligence(disregarding your possible future incarceration))

Maybe with your superior IQ, just maybe you could figure it out he needed to buy something worth of 90 bitcoins, like a car? Oh, I have this big wallet filled with pool fees that I collect, lets see what I can buy. Or maybe he wanted to stash it.

[jk1985]

The US (Coin switching pool) mining Litecoin...thats 1 of the worst coins to mine.

I have lost ALL faith in H2O and he still has not given a reason why he transferred 90 bitcoins out of the pool into his wallet instead of paying the pool with it.

Anyone that stays in the pool now is an idiot. I'm going to a different pool.

+99

[Xamda]

The US (Coin switching pool) mining Litecoin...thats 1 of the worst coins to mine.

I have lost ALL faith in H2O and he still has not given a reason why he transferred 90 bitcoins out of the pool into his wallet instead of paying the pool with it.

Anyone that stays in the pool now is an idiot. I'm going to a different pool.

I am quite sure everyone has understood your point by now, would you just please leave and let us who do trust H20 be left alone, while you find some other pool owner or anyone else to harass?

I for one would would really, really, really appreciate that.

Thanks.

[daynomate]

If this was a shareholder AGM i'd vote for h20 to have a Christmas bonus. you da man!

[Pita]

Are we still mining LTC at EU server?

From the EU server connection I am seeing Doge and Litecoins switching back and forth.

[jam3zs]

Next up ITT:

1. Someone rambling that payouts suck
2. Someone rambling that h2o is skimming
3. Someone rambling that cgminer keeps disconnecting on coinchange
4. MiMiMiner rambling about that his x-hundred mh/s are going elsewhere

God, this thread is comedy gold.

Insanity: doing the same thing over and over again and expecting different results.

haha! You forgot:
 
5. Someone rambling that we shouldn't be mining blah blah, there's more profitable coins on coinwarz such as blah blah

[hardergamer]

The US (Coin switching pool) mining Litecoin...thats 1 of the worst coins to mine.

I have lost ALL faith in H2O and he still has not given a reason why he transferred 90 bitcoins out of the pool into his wallet instead of paying the pool with it.

Anyone that stays in the pool now is an idiot. I'm going to a different pool.

PLEASE DONT COME BACK!!

[neofatalist]

OK people stop feeding the troll. Cant we get a ban on him or something?

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.

[EdBoon]

that's some sick hash right there.
That would be about 26 mining rigs with 4 R9-270x cards in each. (about 25k worth of hardware)

Do you have a secret to building cheap rigs? I'm not being sarcastic, just really wondering how it is possible to build a 4x270x for under a grand.  by my calculations:

4x270x Rig   
ram   $25.00
processor   $42.00
mobo   $60.00
psu   $210.00
hd/memory stick   $20.00
# of gpus   4
gpus total cost   $800.00
hardware (rig/case)   $30.00
adapters   $30.00
   
   
Total   $1,217.00
$/KH   $0.68

Always interested in info regarding cutting down costs on rig building.

Considering 3x290x rig in comparison:
3x290x Rig   
ram   $25.00
processor   $42.00
mobo   $60.00
psu   $210.00
hd/memory stick   $20.00
# of gpus   3
gpus total cost   $1,887.00
hardware (rig/case)   $30.00
adapters   $30.00
   
   
Total   $2,304.00
total KH   $2700
$/KH   $0.85

so actually seems to be cheaper builds on the 270s, obviously costs would go down with more cards, if u compare 7 cards u get:
7x270x = $0.61/KH
7x280x = $0.66/KH
7x7950 = $0.76/KH
7x290x = $0.80/KH

I find this interesting, I had just assumed that 280x was best due to everyone saying it was next best to 7950s.  Obviously this doesn't consider power consumption, but i believe the 270x are pretty light on power anyway.  But obviously you would need a lot more cards to make up the same hashing so maybe power consumption is a big factor.