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

[kalus]

thank you for this!  most significant piece of info i've read in a week on the forum.  

found some more info if anyone's interested.  http://www.cybtc.com/article-468-1.html

i've been waiting for a third party to get at these newer generation ASICs; not vaporware anymore!   can't wait to get rid of all these video cards (:

[ButterBread]

When looking at just the LTC aspect of that chip, the company's website states 60kH/s for 4-5W.

Of course you get the additional BTC mining capacity thrown in as well..

[sykal]

at $65 for 60khash, that's horrible lol
Power consumption is awesome, but overall price for hash is nothing special at all.

Thank god.

[neofatalist]

O my... asics??

LOL, I called it. Oh, boy, time for arms race level 2. thermo-nuclear.

[sfire]

thank you for this!  most significant piece of info i've read in a week on the forum.  

found some more info if anyone's interested.  http://www.cybtc.com/article-468-1.html

i've been waiting for a third party to get at these newer generation ASICs; not vaporware anymore!   can't wait to get rid of all these video cards (:

It's almost been a month.
Many Chinese people can read English.
But few US and EU people can read Chinese. -_-b

[ButterBread]

at $65 for 60khash, that's horrible lol
Power consumption is awesome, but overall price for hash is nothing special at all.

Thank god.

My thoughts exactly, doesn't look like too threatening for us GPU scrypt miners.

[koldtoft]

thank you for this!  most significant piece of info i've read in a week on the forum.  

found some more info if anyone's interested.  http://www.cybtc.com/article-468-1.html

i've been waiting for a third party to get at these newer generation ASICs; not vaporware anymore!   can't wait to get rid of all these video cards (:

It's almost been a month.
Many Chinese people can read English.
But few US and EU people can read Chinese. -_-b

When I google translate that page in to English, it reads like a manga adventure story, written by a retarded computer programmer.

[sfire]

at $65 for 60khash, that's horrible lol
Power consumption is awesome, but overall price for hash is nothing special at all.

Thank god.

My thoughts exactly, doesn't look like too threatening for us GPU scrypt miners.

$65 is for the first 50 test chip……
Not RTM price

[drakoin]

found some more info if anyone's interested.  http://www.cybtc.com/article-468-1.html

Thanks a lot!

The final result seems to be this?



So one "GC3355 core" does 84 khash/s scrypt (besides the 1031 mhash/s SHA256) ?

Just looking at the scrypt ... to replace one fast GPU card, I would still need approx 8-9 of those GC3355 cores,
right?

[Shaban]

it's simple

if you believe you'll get better results with some other mining scheme, use it
if you find the performance acceptable, point hashes at middlecoin and mine away

bickering on a forum about shit that cannot be proven--and has zero influence on results--is useless noise

if h2o's motivation to work on the pool hasn't been eaten away by you fucking retards, it surely will be

Well, that is hardly likely He DOES earn more than most people on this pool so a little criticism he will surely be able to take and live with...

However, people like Tealover does try to harm H20 and without the slightest trace of proof it is, in my opinion, a crime - slander.

Tealover is now IGNORED (thanks for pointing out the option, it will make me feel so much better).

You're saying there is no proof, but I have asked very specific questions and I have gotten no response. Like what happened with the 90+ BTC that was refunded? It wasn't put back in the pool. Also, the chart showed over 140BTC and only 107 were paid out. I'd like to know the answers to these questions.

[ButterBread]

Also, the chart showed over 140BTC and only 107 were paid out.

On what day was that?

Was the 140BTC just the red line, does it include the top of the blue area?

Did you get 107BTC by tallying the difference in the payout column over two consecutive days somehow?

[iqacid]

thank you for this!  most significant piece of info i've read in a week on the forum.  

found some more info if anyone's interested.  http://www.cybtc.com/article-468-1.html

i've been waiting for a third party to get at these newer generation ASICs; not vaporware anymore!   can't wait to get rid of all these video cards (:

It's almost been a month.
Many Chinese people can read English.
But few US and EU people can read Chinese. -_-b

could ya tell us what is it? and how much cost to have one? 

[sfire]

it's simple

if you believe you'll get better results with some other mining scheme, use it
if you find the performance acceptable, point hashes at middlecoin and mine away

bickering on a forum about shit that cannot be proven--and has zero influence on results--is useless noise

if h2o's motivation to work on the pool hasn't been eaten away by you fucking retards, it surely will be

Well, that is hardly likely He DOES earn more than most people on this pool so a little criticism he will surely be able to take and live with...

However, people like Tealover does try to harm H20 and without the slightest trace of proof it is, in my opinion, a crime - slander.

Tealover is now IGNORED (thanks for pointing out the option, it will make me feel so much better).

You're saying there is no proof, but I have asked very specific questions and I have gotten no response. Like what happened with the 90+ BTC that was refunded? It wasn't put back in the pool. Also, the chart showed over 140BTC and only 107 were paid out. I'd like to know the answers to these questions.

1、if you have address A with 100BTC, and you pay address B 10BTC,
then 100BTC with take out from address A, and divided into two,
10BTC to address B, 90BTC to address C(your new address)

2、Many address balance <0.01 BTC will not be pay, until 7 days balance > 0.001 BTC
See middlecoin.com homepage

[Eastwind]

No further about the gridseed chip. I believe it is bought up by a large customer.

[ozoner]

Guys, scrypt will go like sha256 - sooner or later someone will make a decent ASIC and kill GPU mining. Make hay while the sun shines. Personally I'm calculating on profitability for only the next 6 months or so with my GPUs.

[artiface]

Can we move gridseed discussion to a new thread.   This is the middlecoin thread, not discussion about scrypt asics, there is a seperate section for scrypt mining hardware.

[mikeybit]

Guys, scrypt will go like sha256 - sooner or later someone will make a decent ASIC and kill GPU mining. Make hay while the sun shines. Personally I'm calculating on profitability for only the next 6 months or so with my GPUs.

6 months at the very least.  After that, some devs will come up with a new hashing scheme to further thwart asics and all the large GPU farms will flock to that coin.  People who have $100k+ invested in their setups aren't going to give up without a fight.

[Pay87]

Anyone also got a very bad payout at Jan. 5, 2014? I just got 0.02391944 BTC that day with 9 ATI 280x cards working all day. 
Also the trend is going down more and more. Did anyone compare EU with US servers yet?

[neofatalist]

Guys, scrypt will go like sha256 - sooner or later someone will make a decent ASIC and kill GPU mining. Make hay while the sun shines. Personally I'm calculating on profitability for only the next 6 months or so with my GPUs.

6 months at the very least.  After that, some devs will come up with a new hashing scheme to further thwart asics and all the large GPU farms will flock to that coin.  People who have $100k+ invested in their setups aren't going to give up without a fight.

I am thinking 6 months at most. People with 100k setups are probably going to sell off their GPUs and move to asics. Probably (hopefully), those guys made ROI already. I've seen some guys here rake up 150+ BTC already so they should have made ROI by now. (although, those guys have disappeared from the list, not sure if they get purged if they dont have activity or balance anymore)

[locksmith9]

I took the liberty of giving the pool website a quick makeover. I find myself staring at the graphs and tables on the site quite a lot these days and the current design is, well, not amazing. You can view my mockup here:

http://rickardandersson.github.io/middlecoin

For the sake of convenience, I only included part of the huge table on the front page. In addition, all report links in the table point to the same sample page. I also took the liberty of changing the colors used in the graphs by coinGeek. The colors I used are:

Immature: #ecdf9a
Unexchanged: #a6e38e
Balance: black (2 px wide)
Accepted: #7cb5ee
Rejected: #215b95
Three hour average: black

It's not the most exciting design (I'm not a designer), but I believe it is at least a bit better than what we have today.

h20 and coinGeek: If you like any or all of my changes, by all means, use them.

+2. This is a great readability improvement. H2O, please implement; it'd be appreciated.