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

[Shaban]

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?

Yesterday.

This was the transaction for the payments yesterday:
http://blockchain.info/tx/ff4c959f19aa5bcee0c7b2893f72ad9cb97c35e0e73c0ff7ceb135ec1fc4672c

If you look at the chart for yesterday, it's over 140 BTC, but the chart cuts out at ~150... so I'm not sure exactly how much were in the balance. This does NOT include unexchanged/immature BTC.


As for the 90+ BTC that was part of the "refund transaction" they were never re-added to the pool's balance, which means h2o is hanging on to those for himself? At the time it was calculated to be $81,000+ Currently it's $91,000+... I don't want to accuse h2o of stealing, but these are questions that should be answered.

[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

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

It is so superprofit that not for public sell yet……You know……

[sfire]

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?

Yesterday.

This was the transaction for the payments yesterday:
http://blockchain.info/tx/ff4c959f19aa5bcee0c7b2893f72ad9cb97c35e0e73c0ff7ceb135ec1fc4672c

If you look at the chart for yesterday, it's over 140 BTC, but the chart cuts out at ~150... so I'm not sure exactly how much were in the balance. This does NOT include unexchanged/immature BTC.


As for the 90+ BTC that was part of the "refund transaction" they were never re-added to the pool's balance, which means h2o is hanging on to those for himself? At the time it was calculated to be $81,000+ Currently it's $91,000+... I don't want to accuse h2o of stealing, but these are questions that should be answered.

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

[zSprawl]

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

The dude is making $3000 +  per DAY from his 3% fee, for that kind of money the dude can definitely put up with some people questioning his legitmacy!

The pool has run fine for months. Now suddenly H2O doesn't know how to run a pool and has all these bugs and we're mining crappy Litecoin.

Super super suspicious.

*sigh* I thought you left. If we wanted to hear you, we would have read the first 10 posts of you saying the same shit. Now go away already...

I wouldn't mind learning more of the magic behind the scenes, a lot of which because I wouldn't mind running my own server (or knowing what it takes and deciding not to). However, if I were in his shoes, I wouldn't tell you either, so I respect that.

He responded to the one post that mattered, the accusation of stealing bitcoins as a refund.

Any other response is useless since you will only hear what you want to hear. Much like I won't respond to you again either, since you will choose not to hear me or anyone else who has told you to stfu.

[cyclops]

May I ask how do I know if I am mining in EU or USA server? I can only see one URL

[FrankieSaysRelax]

if you are connecting to middlecoin.com:3333 you are on the US server. the EU server is eu.middlecoin.com:3333

[cyclops]

if you are connecting to middlecoin.com:3333 you are on the US server. the EU server is eu.middlecoin.com:3333

Thanks, the statics list is the same right?

[h2odysee]

Webpage stats are paused for a while. Probably a couple of hours.

[stasieks]

Webpage stats are paused for a while. Probably a couple of hours.

The way you communicate with your users is just horrible. Some more info ?!

[Kalroth]

Webpage stats are paused for a while. Probably a couple of hours.

The way you communicate with your users is just horrible. Some more info ?!

I think it was pretty precise and to the point. What more information are you looking for?

EDIT: Wait, that was sarcasm, wasn't it. I'm terrible at this internet thingadingy. Here, have a wink.

[kimpeck]

As he said this is his FULL-TIME JOB (that means 40 hours/week as he's in USA)

Clearly he's a LIAR otherwise he would post more than 1 sentence per day and he would explain the accusations against him for theft!

This pool is the most obvious scam I've ever seen.

I will GLADLY take bets with anyone whether this pool ends up a scam or not.

You sound butt hurt ..... the more you cry the more I will mine to keep the tears flowing.

Cry me a river.

[kimpeck]

You sound like he's your ex lover and you have been dumped.

For pages you have spouted accusations and complaints without a single shred of evidence.

Come on ..... if he's doing something dishonest lets see the proof ... no more yap, lets see it
then I will be the first to pat you on the back ..

But until then you nothing but a idiot making himself look retarded.

Cry me a river.

[coin123123]

You guys think H2O is god and so smart? GO READ HIS POSTS FROM A COUPLE MONTHS AGO

"I thought getting an accepted block (i.e. A:1 R:0 HW: 0) meant that i did solve that block."

"I'm solo mining CHNCoin, and have 18 Accepted, and 6 rejected blocks. But none of them are making their way into my wallet, which only has some coins I got from a pool.
Why is this? Are they stale? Wouldn't they have been rejected if that was the case?"

"I still don't understand the difference between stale shares (not rejected, but stale), and discarded work. Maybe they're the same thing, just in different units."

This guy has no idea what he's doing, yet you trust him not to steal from you and to mine the best coin...well the pool is mining Litecoin and making less than if you mine Litecoin yourself.


BUT BEST OF ALL....when someone asked H2O why the site has so little info, he posted this on July 21st, 2013:
"As for transparency, the reason to do so would be to:
- Prove that I'm not cheating
This wouldn't really prove that, because there are tons of ways for a pool operator to cheat which are undetectable."

actually his unprofessionalism is only thing makes me beleive this is not a scam.

if someone knows what he is doing, he would not do such unprofitable decisions, so i thought either it's a scam and the guy just making money and dont give a fck either it's someone with good intentions but lack of knowlegde so he is learning from mistakes.

either way is not profitable for miners. thats why i moved most my power to multipool, cause whatever we mine there is more profitable than LTC, and even if i wanted to mine LTC why do it for 3%+excange?

worst part is that this pool used to be much better than others.
either latest "tweaking" either increase in hash rate is to blame but mining LTC for 3% is irrational.

[ratty]

This dude doesn't even know how to mine, yet you guys trust him with 10,000 MHash power

Just debunking this retardation real quick: Knowing exchange rates and knowing how to tune miners are different skill sets. Do you seriously not know this?

You are lucky you aren't banned from here, you are a known scammer.

[STT]

I have it on good authority H2O is a lizard and those guys run everything so that figures

[zSprawl]

This dude doesn't even know how to mine, yet you guys trust him with 10,000 MHash power

Knowing exchange rates and knowing how to tune miners are different skill sets. Do you seriously not know this?
ARG I replied to that negative rep troll that won't leave the thread, he got me good.

We just need people to stop quoting him.

[ratty]

I didn't look who posted it before replying, my mistake. How is he not banned yet? He has nothing constructive to say. It's all easily refutable bullshit, but its such a waste of time for everyone having to read it, and read the replies. And here I went contributing to the problem, ARGGGG.

[youngmathimus]

Is anyone else getting a lot of stale shares right now? I just setup a few new rigs so it could be something in my settings, thanks.

[Hagbard]

Hey tealover. My bitcoin address is not on that list, but I was payed out. OMG conspiracy, lol.
BTW, I think you still owe someone BTC.5. Any replies to that? Sounds like you have tons of time to spend posting here. Should be easy to address, then, based on your reasoning.

[spip]

So... what's up with the flatline?