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

[hardergamer]

Im geting the same as the last 20 posts, about half my proper hash rates  

and it looks like useast went down for about 4 hours last night!

Hope H2o gets on it soon..

[gsrcrxsi]

Take a look at the combined graph on middlecoin.com
Total hash rate is at around 16000mh/s. BIG drop!!

It's not a real drop. Number of users is likely about the same. And a lot of people are reporting lower than usually hashrates.

Anyway. Payout tonight was meh from useast.

About .009/MH for me.

[superman3486]

I guess its about that time we hopped on to http://www.clevermining.com/, 0 fees, payouts several times a day and vardiff makes it fun 

[pnosker]

Take a look at the combined graph on middlecoin.com
Total hash rate is at around 16000mh/s. BIG drop!!

It's probably mining Vertcoin which uses a different scrypt memory function and thus lower hashrate. Don't worry guys.

[forcefedvr6]

....it looks like useast went down for about 4 hours last night!

Possibly due to the ice storms.  My fireplace was my only source of heat for about 24 hours yesterday.

[/quote]

It's probably mining Vertcoin which uses a different scrypt memory function and thus lower hashrate. Don't worry guys.
[/quote]

Interesting,  I was wondering about that.   Sounds like a plausible explanation.

[ckoeber]

So, this thread is totally off topic now, I wanted to know if the new server with redirecting means that all the servers are the same again? No more significantly better results on useast?

Not quite yet; each server is off by a little but they are much closer in terms of profit to each other than they used to be.

[hardergamer]

Looks like useast has gon completly of the rails, amsterdam is doing beter, but still with 10-15% rejects.

[ckoeber]

I guess its about that time we hopped on to http://www.clevermining.com/, 0 fees, payouts several times a day and vardiff makes it fun 

Profitability is around 0.011 ~ 0.012 MH/s according to them.

Not really that much better than middlecoin; in fact I would say it is worse; H20 has gotten this thing at ~0.013 MH/s (after the problems earlier this week were fixed of course).

[ckoeber]

Yeah, I'm gone until this gets up and running again. Last hour I'm showing half my hash rate on the stats feed, compared to what I push normally. If you can't handle the volume H20, stop accepting new accounts, kill off some smaller ones, whatever.

To be frank you want the highest hash rates as possible from the most people; I agree if possible load between systems need to be split up but the more people mining means better profitability overall (you can set up different groups of miners to mine different coins).

Of course, the payouts should be evened out but the possibilities are really good to get profitability above ~ 0.015 MH/s if that happened.

[RickJamesBTC]

Yeah, I'm gone until this gets up and running again. Last hour I'm showing half my hash rate on the stats feed, compared to what I push normally. If you can't handle the volume H20, stop accepting new accounts, kill off some smaller ones, whatever.

To be frank you want the highest hash rates as possible from the most people; I agree if possible load between systems need to be split up but the more people mining means better profitability overall (you can set up different groups of miners to mine different coins).

Of course, the payouts should be evened out but the possibilities are really good to get profitability above ~ 0.015 MH/s if that happened.

No, I want the pool to be 100% stable. It's plenty big enough to work now, adding tons of little miners who don't have 50MH each just causes a lot of server traffic.

[ckoeber]

No, I want the pool to be 100% stable. It's plenty big enough to work now, adding tons of little miners who don't have 50MH each just causes a lot of server traffic.

We are not disagreeing; I wouldn't want tons of miners on one small subset of systems.

If it were possible it would be nice to see some tiered auto-switching services where smaller hash-rates get ported to one set of servers and larger hash-rates get put on another set.

I don't want the pool to suffer but I also believe it is unfair to say well some people only can manage 1~2 MH/s so they can't use a profitable pool and bump them off. There are far more people out there pushing only 1~2 MH/s and collectively they not only out-mine the folks with beefier setups they help the pool as a whole with cranking out more alt-coins.

[avidwriter]

Check the Twitter feed, half hash rate was due to display bug with new coin type. Fixing soon.

[a1binos]

Oh. shit. but whats the bug with payout???
I got 45 MH/s and today payout is... 0.389 BTC = 0.0086 BTC/MHs
LOL.

[a1binos]

No, I want the pool to be 100% stable. It's plenty big enough to work now, adding tons of little miners who don't have 50MH each just causes a lot of server traffic.

HAHAHA.
you with 50MH doing same traffic as 50 people with 1 MH/s.
LoL.

[ckoeber]

No, I want the pool to be 100% stable. It's plenty big enough to work now, adding tons of little miners who don't have 50MH each just causes a lot of server traffic.

HAHAHA.
you with 50MH doing same traffic as 50 people with 1 MH/s.
LoL.

Not necessarily; there is overhead associated with every connection beyond hash rate.

RickJamesBTC is correct.

50 MH/s on a few miners will generate less overall traffic than 50-100 miners doing 0.5~1 MH/s each. You need to think about EACH of those smaller miners needing a separate connection to the stratum mining software to submit their shares and the overhead involved with that.

[ckoeber]

Oh. shit. but whats the bug with payout???
I got 45 MH/s and today payout is... 0.389 BTC = 0.0086 BTC/MHs
LOL.

Send a link to your chart.

[RickJamesBTC]

No, I want the pool to be 100% stable. It's plenty big enough to work now, adding tons of little miners who don't have 50MH each just causes a lot of server traffic.

HAHAHA.
you with 50MH doing same traffic as 50 people with 1 MH/s.
LoL.

Haha?
You say you have the same hash power. Trust me, all the little miners with one or two cards are filling up the databases and making the entire system slower or broken. This isn't scaling well, and the pool op doesn't seem to be the guy to fix it. Not sure if he will be hiring someone to get things working better or just taking time with it, but big nasty crashes like today where the system is just losing customer hash power really doesn't look good.

[sgsdebruijn]

I am going to another pool till everything is stable, sick  of the instabillity.
0,008btc / 1mH on useast
Or, 0,006 btc / 280x card last night

[kalus]

The crypto market, as well as US stock market are both on a downswing right now.  

RickJamesBTC is not the first person to point out db inefficiencies and scaling issues with middlecoin.  This pool may be a victim of their own success. 

I encourage people to vote with their hashrates.  the main reason i am here is because of the stability, and there may be more stable alternatives on offer right now. 

[sgsdebruijn]

I guess its about that time we hopped on to http://www.clevermining.com/, 0 fees, payouts several times a day and vardiff makes it fun 

Thanks for the tip, i'm on it, looking good, bye Middlecoin for some time back when probs are over.