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

[sykal]

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html

How are people hashing that much? Are these generally companies? I can't even imagine an individual with 500+ GPUs

[Mikk36]

I'm sorry, I missed it, but did anyone see how much the pool balance was  before they payout? The graph shows over 140BTC, but the payout transaction said 107BTC were paid out.

Also, at 5,000mhs, we were averaging around 100-120 BTC/day now with 10,000mhs, shouldn't we be averaging 200-240 BTC/day?

Just H2O stealing more coins. No big deal. Since some of you guys said you're OK with 5-10% fee, I'm sure he's going ahead and taking it

Come on...

Lets wait for the H2O explanation before bashing more crap at him...
You are so sure about this... So lets see proof...

I see good results all around... you see a scammer...

Time will tell...

LPC

He did explain saying that it was a refund transaction.
This is what he meant by that: http://bitcoin.stackexchange.com/questions/9007/why-are-there-two-transaction-outputs-when-sending-to-one-address

[DontMineMe]

Middlecoin.com vs Multipool.us

I did a split test over 1 week to find out which was the most profitable pool. I pointed 1.800 Khash on each pool (100% identical hardware) and started them at the same time.
(a test should be done over a few months, but I wanted max profit now, so I only did 1 week)

On middlecoin.com it's very easy and simple, and no setup is required at all. However there is less control and much less information available.

On multipool.us I set up an account on Cryptsy and set every alt coin to auto payout to cryptsy. Then I set cryptsy to auto exchange every alt coin to bitcoin as soon as they came in, so this should give more

Middlecoin.com

7 days of mining with 1800 Khash

Paid out: 0.11560480
Remaining balance: 0.00032817
Unexchanged: 0.0096669
Immature: 0.00451747
Total: 0.13011944 (of which 0.01451465 have not yet been paid when I made this post, and also it may not all be paid depending on immature/unexchanged behavior)

Link 1: http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/134DF3buwjU9LJLaucYBN1XbDwTDHdESAJ.html
Link 2: http://blockchain.info/address/134DF3buwjU9LJLaucYBN1XbDwTDHdESAJ



Multipool.us

7 days of mining with 1800 Khash

Paid out: 0.09583497
Remaining balance: 0
Unexchanged: 0,0010403
Immature: 0
Total: 0.09687517 (of which 0.0096669 is stuck in minor bit's of alt coin that cryptsy won't exchange before there is 1.0 of that alt coin)

Note: Keep in mind that cryptsy have a 0.00050000 BTC fee for bitcoin withdrawl, regardless of how little/much you take it. So if you wan't to take out BTC to your wallet every day, this would come to allot. If you feel safe holding lots of bitcoins in an altcoin exchange, that's less of an issue. (I personally don't like holding bitcoins in altcoin exchanges as they are highly vulnerable to 51% alt coin attacks as far as I understand it)

Link: I have no link for this, since money held in an exchange, does not have a public address. (or any unique address at all)


In conclusion, I pointed all my miners on middlecoin.com after this test.

Thanks for sharing your hard work. Now if I hear one more time that H2O integrity in question, I will lose it He is making profit because he work his tail off when other pools are either down,hacked or otherwise plane unprofitable in comparison. So nock it off people.

[xminerx]

h2odyssee, could you let us know once the EU-server is back up again? And will it now switch coins like the US-server? Thanks in advance!

[jimprofit99]

I'm sure there is good reason to be mining LTC. If you dont feel there is, doesnt take much work to redirect your miners to a different pool for a while.

Don't worry CaptainBeck, I will do it if it continues like that, cause soon what I'll get from the pool won't be able to cover my electricity bill.  And by the way, let me remind you what the main page sells to the people mining here: "This pool automatically mines the most profitable scrypt coin".  It's just being honest to recognize it's not true anymore.

I understand well that mining smaller coins may become difficult when it comes to sell them on a small market for a big pool, but other solutions than mining LTC must exist.  Maybe that this pool just became a place for big miners, that's why many of us become unhappy with the results and start to say so.

[Whagwan]

The EU server is currently just pointed at the US server, however I am getting very good results (2% rejects, no GW failures) from the UK with a ping of around 210ms...

[corsaro]

the moon

[Chello]

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html

How are people hashing that much? Are these generally companies? I can't even imagine an individual with 500+ GPUs

This address is a bit suspect for me, each time visit middlecoins www he have more Mh

[corsaro]

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html

How are people hashing that much? Are these generally companies? I can't even imagine an individual with 500+ GPUs

This address is a bit suspect for me, each time visit middlecoins www he have more Mh

I think that only using at least 400-450 units of HD 7990 you can reach that hashing power.

[jorgb]

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html

How are people hashing that much? Are these generally companies? I can't even imagine an individual with 500+ GPUs

This address is a bit suspect for me, each time visit middlecoins www he have more Mh

I think that only using at least 400-450 units of HD 7990 you can reach that hashing power.

He is for sure working in the factory and each day after work he takes one with him through the backdoor 

[envy2010]

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html

How are people hashing that much? Are these generally companies? I can't even imagine an individual with 500+ GPUs

This address is a bit suspect for me, each time visit middlecoins www he have more Mh

I think that only using at least 400-450 units of HD 7990 you can reach that hashing power.

He is for sure working in the factory and each day after work he takes one with him through the backdoor 

500 MH/s is equal to 660 R9 280x's at 750k each.

[Whagwan]

Must be a botnet...

[hodger]

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html

How are people hashing that much? Are these generally companies? I can't even imagine an individual with 500+ GPUs

This address is a bit suspect for me, each time visit middlecoins www he have more Mh

I think that only using at least 400-450 units of HD 7990 you can reach that hashing power.

He is for sure working in the factory and each day after work he takes one with him through the backdoor 

500 MH/s is equal to 660 R9 280x's at 750k each.

I wonder what the most amount of hashrate ever achieved with a mining Trojan is so far...

[Chello]

He is for sure working in the factory and each day after work he takes one with him through the backdoor 

Or the ppl didnt know that the hash for him )

[envy2010]

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html

How are people hashing that much? Are these generally companies? I can't even imagine an individual with 500+ GPUs

This address is a bit suspect for me, each time visit middlecoins www he have more Mh

I think that only using at least 400-450 units of HD 7990 you can reach that hashing power.

He is for sure working in the factory and each day after work he takes one with him through the backdoor  

500 MH/s is equal to 660 R9 280x's at 750k each.

I wonder what the most amount of hashrate ever achieved with a mining Trojan is so far...

500 MH/s is about 8,300 quad-core i7's if you are assuming a CPUminer botnet. For a random distribution of CPUs you would probably need 20,000 of more to hash that fast...

[Kluge]

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html

How are people hashing that much? Are these generally companies? I can't even imagine an individual with 500+ GPUs

This address is a bit suspect for me, each time visit middlecoins www he have more Mh

I think that only using at least 400-450 units of HD 7990 you can reach that hashing power.

He is for sure working in the factory and each day after work he takes one with him through the backdoor  

500 MH/s is equal to 660 R9 280x's at 750k each.

I wonder what the most amount of hashrate ever achieved with a mining Trojan is so far...

500 MH/s is about 8,300 quad-core i7's if you are assuming a CPUminer botnet. For a random distribution of CPUs you would probably need 20,000 of more to hash that fast...

That'd ruin one of the greatest benefits of malware targeting GPUs: in almost every OS's default task manager, it does not display GPU activity. With reasonable intensity settings (which Scrypt mining requires on most cards to prevent HW errors, anyway), it would be almost impossible to detect, especially considering how many people stuff desktop PCs into little desk compartments (minimizes noise, but would help prevent them noticing the high heat and noise from GPU fan going @ 100%).

What'd indicate a botnet is a steady hashrate cycle, where at some times, very regularly, hashrate dips and peaks, which is the expression of people turning their PCs off when they're at work or sleeping.

[corsaro]

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html

How are people hashing that much? Are these generally companies? I can't even imagine an individual with 500+ GPUs

This address is a bit suspect for me, each time visit middlecoins www he have more Mh

I think that only using at least 400-450 units of HD 7990 you can reach that hashing power.

He is for sure working in the factory and each day after work he takes one with him through the backdoor  

500 MH/s is equal to 660 R9 280x's at 750k each.

I wonder what the most amount of hashrate ever achieved with a mining Trojan is so far...

500 MH/s is about 8,300 quad-core i7's if you are assuming a CPUminer botnet. For a random distribution of CPUs you would probably need 20,000 of more to hash that fast...

really strange graphic..  hashing power increases constantly

[CrimsonPermanentAssurance]

To all those worried about mining litecoin (or whatever coin) not being the most profitable, there is something you don't realize. Sometimes the path you take to trading coins ends up drastically different for the final result than you might realize. There are times when, rather than taking "the most profitable coin" to market and simply dumping it for bitcoin in a straight trade, a different path is the better way to do it. There are many times that is best thing to do. Sometimes converting from doge to litecoin to cat to doge to nmc to cat to ppc to bitcoin gets you well more bitcoin in the end. It just takes more work (and sometimes not that much more work). That is why having a diverse portfolio of things to trade with can be helpful while actually day trading on a minute-by-minute basis. If you only have a couple of tools in the bag, you won't get the job done as well as it can be done once you see those patterns. The hard part is seeing those patterns. My above example is me just blurting things out for the sake of example, so please don't drive yourselves crazy trying that conversion pattern yourselves, specifically. That example wasn't advice, however if it happens to be a good pattern, feel free to send me some coins for the unknowingly good advice!!!

[BrainShutdown]

Middlecoin.com vs Multipool.us

I did a split test over 1 week to find out which was the most profitable pool. I pointed 1.800 Khash on each pool (100% identical hardware) and started them at the same time.
(a test should be done over a few months, but I wanted max profit now, so I only did 1 week)

On middlecoin.com it's very easy and simple, and no setup is required at all. However there is less control and much less information available.

On multipool.us I set up an account on Cryptsy and set every alt coin to auto payout to cryptsy. Then I set cryptsy to auto exchange every alt coin to bitcoin as soon as they came in, so this should give more

Middlecoin.com

7 days of mining with 1800 Khash

Paid out: 0.11560480
Remaining balance: 0.00032817
Unexchanged: 0.0096669
Immature: 0.00451747
Total: 0.13011944 (of which 0.01451465 have not yet been paid when I made this post, and also it may not all be paid depending on immature/unexchanged behavior)

Link 1: http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/134DF3buwjU9LJLaucYBN1XbDwTDHdESAJ.html
Link 2: http://blockchain.info/address/134DF3buwjU9LJLaucYBN1XbDwTDHdESAJ



Multipool.us

7 days of mining with 1800 Khash

Paid out: 0.09583497
Remaining balance: 0
Unexchanged: 0,0010403
Immature: 0
Total: 0.09687517 (of which 0.0096669 is stuck in minor bit's of alt coin that cryptsy won't exchange before there is 1.0 of that alt coin)

Note: Keep in mind that cryptsy have a 0.00050000 BTC fee for bitcoin withdrawl, regardless of how little/much you take it. So if you wan't to take out BTC to your wallet every day, this would come to allot. If you feel safe holding lots of bitcoins in an altcoin exchange, that's less of an issue. (I personally don't like holding bitcoins in altcoin exchanges as they are highly vulnerable to 51% alt coin attacks as far as I understand it)

Link: I have no link for this, since money held in an exchange, does not have a public address. (or any unique address at all)


In conclusion, I pointed all my miners on middlecoin.com after this test.

Thanks for sharing your hard work. Now if I hear one more time that H2O integrity in question, I will lose it He is making profit because he work his tail off when other pools are either down,hacked or otherwise plane unprofitable in comparison. So nock it off people.

His entire testing is useless and flawed. You have to put the SAME HASH RATE on both servers at the SAME TIME. Otherwise results can vary greatly.

I've gotten 7 people PMing me so far that agree with me that H2O is stealing coins.

By you guys not questioning him and agreeing with him, you're just proving to him that its OK to steal and get away with it.

If you COULD READ I would tell you to READ the FIRST SENTENCE koldtoft wrote... oh well... ignore it is...

[Pita]

His entire testing is useless and flawed. You have to put the SAME HASH RATE on both servers at the SAME TIME. Otherwise results can vary greatly.

I've gotten 7 people PMing me so far that agree with me that H2O is stealing coins.

By you guys not questioning him and agreeing with him, you're just proving to him that its OK to steal and get away with it.

Sigh, I think a lot of people can make their own judgement. If we wish to be "stolen" from and we like it that way, lets us mine here. If you do not wish to be "stolen" from, please go. I don't mind H2O taking a few more % for him as it is still easier for me to have him do all the work in terms of managing this pool and doing all the exchanges and just paying me in BTC. I don't have the will power and energy and sometimes time to do it myself and other people may be in the same boat as me.