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

[Anubite]

I can't stand this difficulty. forced to 1024k on one card? Nothing is getting through fast enough. This is just appalling, my balance failed to change during this whole morning because of it. I had 512k for eons, which was borderline alright, yet now this. Back to hashcows, ffs.

[rallasnackbar]

the new difficuty is way to high, needs to be lowered instead, or use vardiff

[mikeybit]

the new difficuty is way to high, needs to be lowered instead, or use vardiff

vardiff places a huge load on the server. Apparently making $3k per day isn't enough to get beefier servers...

[Zombie123]

2.5Mhz Rig

22nd -- 27th December Middle Coin ~.15BTC
27th Dec -16th Jan On my Own !1.15BTC   --> involved lot of work

[Vinz87]

“@middlecoinpool: We're now using a difficulty of 1024.”

...before anyone complains... this WON'T significantly decrease your earnings, however, it WILL increase short-term variability

as far as I understood, it is like finding some coins walking on the street, and throwing them away until you find a banknote. instead, lowering the threshold means to keep in your pocket everything you find, even the smallest coins.
so, the word "significantly" actually has to be put in relation to how much money you find on the street per unit of time.

correct me if i'm wrong.

nothing to complain to the pool's owner if this is necessary to get all running smoothly again.

[hardergamer]

1024k is only temporary! dont you read h2o's post on twitter

[Zoella]

1024k is only temporary! dont you read h2o's post on twitter

This.  Hopefully the servers get upgraded soon though!

[Shaban]

I can't stand this difficulty. forced to 1024k on one card? Nothing is getting through fast enough. This is just appalling, my balance failed to change during this whole morning because of it. I had 512k for eons, which was borderline alright, yet now this. Back to hashcows, ffs.

Your balance "failed to change" because all stats are paused until H2o's database gets updated.

[phrozenspite]

I can't stand this difficulty. forced to 1024k on one card? Nothing is getting through fast enough. This is just appalling, my balance failed to change during this whole morning because of it. I had 512k for eons, which was borderline alright, yet now this. Back to hashcows, ffs.

...no you should read the thread, the difficulty only changed within the hour.

as for the changes between 1024 and 512 diff think of it this way.  In theory you'll submit half as many shares, but the shares that you submit are worth twice as much.  It nets out to be the same.  These shares we are submitting most of the time are not block solvers, they're just to show that we've been attempting to generate a blocksolving hash.  So you aren't "throwing" away any coins by not being allowed to submit a diff 512 or diff 1 share

[hardergamer]

I can't stand this difficulty. forced to 1024k on one card? Nothing is getting through fast enough. This is just appalling, my balance failed to change during this whole morning because of it. I had 512k for eons, which was borderline alright, yet now this. Back to hashcows, ffs.

...no you should read the thread, the difficulty only changed within the hour.

as for the changes between 1024 and 512 diff think of it this way.  In theory you'll submit half as many shares, but the shares that you submit are worth twice as much.  It nets out to be the same.  These shares we are submitting most of the time are not block solvers, they're just to show that we've been attempting to generate a blocksolving hash.  So you aren't "throwing" away any coins by not being allowed to submit a diff 512 or diff 1 share

+1

[SimonG]

Diff at 1024 is a huge fucking joke.

As if there were not enough reasons to leave already... omg

Dont stay mining on middlecrap please.

[Anubite]

Your balance "failed to change" because all stats are paused until H2o's database gets updated.

Thank you very much. It kinda looked that way, but I thought I would throw it in to see. I guess that's why I  thought the difficulty problem was longer than it was, I correlated it to my failing stats.

...no you should read the thread, the difficulty only changed within the hour.

as for the changes between 1024 and 512 diff think of it this way.  In theory you'll submit half as many shares, but the shares that you submit are worth twice as much.  It nets out to be the same.  These shares we are submitting most of the time are not block solvers, they're just to show that we've been attempting to generate a blocksolving hash.  So you aren't "throwing" away any coins by not being allowed to submit a diff 512 or diff 1 share

Coins were shifted faster than I could submit work on them, resulting in less than half normal shares by over 10%. One error and it's twice the number of losses, too (like intel cpus in the 90s). Really, with this 290x, it takes over 1-2 minutes to complete one.

[gsrcrxsi]

I keep refreshing my page hoping for an update.

[phrozenspite]

that is short term variance you're talking about.  Nobody generates hashes at exact intervals.  Just like how some coins have blocks solved by the same pool within seconds of eachother.  You might go 5 minutes between shares and have that share rejected only to find within the next 5 minutes that you generated 3 shares

[phrozenspite]

H2O is making $4,000 per day in his fees, but he is too greedy to spend a little bit to upgrade servers, or the website so the graphs display properly, or to buy DDOS protection.

Sounds like the house of cards is falling and people are starting to believe me about H2O's incompetence.

tealover, might you suggest a 100% foolproof DDOS protection service, or estimate how much H2O's servers cost

[Anubite]

This pool is 6x the size of hashcows, yet fails to provide as much option as them, at higher fees, and without poor quality hosting. Seems to me like someone might not have any motivation to upgrade or lower his fees until shit hits the fan or we bail.

[Shaban]

H2O is making $4,000 per day in his fees, but he is too greedy to spend a little bit to upgrade servers, or the website so the graphs display properly, or to buy DDOS protection.

Sounds like the house of cards is falling and people are starting to believe me about H2O's incompetence.

tealover, might you suggest a 100% foolproof DDOS protection service, or estimate how much H2O's servers cost

His cost is probably around $4,000/month max. And he can get cloudflare ddos protection for $200/month. Assuming he's making $2,500/day, it's not much at all.

[fyff]

I really don't think he is greedy its just gotten too much work for him to handle on his own regarding the backend. And the mysterious pool that some people talk about here has been good for like 1 week in January and got its own problems right now. The miracle pool doesn't exist because you would need a team with expertise and time that no pool that I have mined on so far has. I am going to try it myself eventually as a fun project and that is exactly how h20 has started out. This should be all about fun not greedy people hoarding coins with hundreds of servers leeching for profit and blackmailing people if something doesn't work out as they calculated.

[dgross0818]

This pool is 6x the size of hashcows, yet fails to provide as much option as them, at higher fees, and without poor quality hosting. Seems to me like someone might not have any motivation to upgrade or lower his fees until shit hits the fan or we bail.

To be fair... one of the reasons Hashco.ws is so much smaller is because they so epically failed a few weeks back when an internal hole allowed one person to change the withdrawal address of almost every miner...

[Anubite]

H2O is making $4,000 per day in his fees, but he is too greedy to spend a little bit to upgrade servers, or the website so the graphs display properly, or to buy DDOS protection.

Sounds like the house of cards is falling and people are starting to believe me about H2O's incompetence.

tealover, might you suggest a 100% foolproof DDOS protection service, or estimate how much H2O's servers cost

His cost is probably around $4,000/month max. And he can get cloudflare ddos protection for $200/month. Assuming he's making $2,500/day, it's not much at all.

At 12gh/s, he makes over 360 free overclocked r9 290x's worth of mh/s. At about .01 per "card" per day, I expect him to make a minimum of 3.6 BTC per day. MORE than plenty. FEES = TOO HIGH. We are letting ourselves be robbed.