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

[fcmatt]

What am i missing with altcoinplex that makes it diff from other multi pools besides paying out in 3 diff coins?
Just having a proxy that splits the hash power to some coins at the same time? Instead of slamming one at a time?

Basically, little to no coin switching. The list of coins are mined constantly, but at varying percentages.

EDIT: Have to see how it performs under load, but I'm guessing that reject rates would be similar to mining a single coin directly. All day, I've been < 1%.

if their proxy works as i think it might be.. you could be mining a higher diff coin and get less rejects while another user could be mining a lower diff coin and have many rejects. I imagine they tie the miner's source IP to a stratum daemon that mines a specific coin. Therefore you could have other miners on a diff source IP mining a totally diff coin with a diff reject rate.

That makes me wonder if some users will complain their payout is smaller then others since they had many more rejects..

I would think less coin switching also and possibly the addition of "coin type" optimizations. An example might be lower share difficulty for the low difficulty fast block time coins. Assuming reject rate is based on blocks solving faster than spec, and not on latency (which of course also plays a factor) the rejects should be minimal. Until some coin switching pool without hash allocation comes along and blows the baby out of the bathtub.

You make some good points about lower share diff eliminating some rejects and less switching. That makes a lot of sense. But I could see cases where a single miner behind NAT with 20 mhash/sec might get tied to a single low diff coin.. and if you do not feed him a share diff rate of 512 or 1024.. he will be hammering you hard with a share diff of 32 or 64. That puts a ton of load on a pool server.

That is why I am trying to imagine how they are dividing up their hashing power and what the end result would be for miners on diff coins. Source IP seems the easiest to tie them to a stratum daemon.

[Cryptos2go]

What am i missing with altcoinplex that makes it diff from other multi pools besides paying out in 3 diff coins?
Just having a proxy that splits the hash power to some coins at the same time? Instead of slamming one at a time?

Basically, little to no coin switching. The list of coins are mined constantly, but at varying percentages.

EDIT: Have to see how it performs under load, but I'm guessing that reject rates would be similar to mining a single coin directly. All day, I've been < 1%.

if their proxy works as i think it might be.. you could be mining a higher diff coin and get less rejects while another user could be mining a lower diff coin and have many rejects. I imagine they tie the miner's source IP to a stratum daemon that mines a specific coin. Therefore you could have other miners on a diff source IP mining a totally diff coin with a diff reject rate.

That makes me wonder if some users will complain their payout is smaller then others since they had many more rejects..

I would think less coin switching also and possibly the addition of "coin type" optimizations. An example might be lower share difficulty for the low difficulty fast block time coins. Assuming reject rate is based on blocks solving faster than spec, and not on latency (which of course also plays a factor) the rejects should be minimal. Until some coin switching pool without hash allocation comes along and blows the baby out of the bathtub.

You make some good points about lower share diff eliminating some rejects and less switching. That makes a lot of sense. But I could see cases where a single miner behind NAT with 20 mhash/sec might get tied to a single low diff coin.. and if you do not feed him a share diff rate of 512 or 1024.. he will be hammering you hard with a share diff of 32 or 64. That puts a ton of load on a pool server.

That is why I am trying to imagine how they are dividing up their hashing power and what the end result would be for miners on diff coins. Source IP seems the easiest to tie them to a stratum daemon.

Considering there appears to be no individual worker registration, maybe that would be a problem. Then again the current basket is made up of mostly .5~1gh/s+ coins is it not?

Don't you need individual worker's to use vardiff?

Perhaps this is a somewhat manual allocation at this point with static assignments?

[fcmatt]

What am i missing with altcoinplex that makes it diff from other multi pools besides paying out in 3 diff coins?
Just having a proxy that splits the hash power to some coins at the same time? Instead of slamming one at a time?

Basically, little to no coin switching. The list of coins are mined constantly, but at varying percentages.

EDIT: Have to see how it performs under load, but I'm guessing that reject rates would be similar to mining a single coin directly. All day, I've been < 1%.

if their proxy works as i think it might be.. you could be mining a higher diff coin and get less rejects while another user could be mining a lower diff coin and have many rejects. I imagine they tie the miner's source IP to a stratum daemon that mines a specific coin. Therefore you could have other miners on a diff source IP mining a totally diff coin with a diff reject rate.

That makes me wonder if some users will complain their payout is smaller then others since they had many more rejects..

I would think less coin switching also and possibly the addition of "coin type" optimizations. An example might be lower share difficulty for the low difficulty fast block time coins. Assuming reject rate is based on blocks solving faster than spec, and not on latency (which of course also plays a factor) the rejects should be minimal. Until some coin switching pool without hash allocation comes along and blows the baby out of the bathtub.

You make some good points about lower share diff eliminating some rejects and less switching. That makes a lot of sense. But I could see cases where a single miner behind NAT with 20 mhash/sec might get tied to a single low diff coin.. and if you do not feed him a share diff rate of 512 or 1024.. he will be hammering you hard with a share diff of 32 or 64. That puts a ton of load on a pool server.

That is why I am trying to imagine how they are dividing up their hashing power and what the end result would be for miners on diff coins. Source IP seems the easiest to tie them to a stratum daemon.

Considering there appears to be no individual worker registration, maybe that would be a problem. Then again the current basket is made up of mostly .5~1gh/s+ coins is it not?

Don't you need individual worker's to use vardiff?

Perhaps this is a somewhat manual allocation at this point with static assignments?

I did not analyze the coins they are mining. If they are all higher diff I can see reject rates being lower for everyone but that is giving up a bit of profit ignoring the others.

I do not think you need individual workers anymore with job based vardiff. The code changed over the last 6 months. Dont hold me to that thought but I am pretty sure.

I doubt they are statically assigning them. I would guess src based proxying to stratum servers that have "weights" attached to them.. allowing certain amounts of traffic to hit them. And if I think I could make something like that work it does not impress me very much. It is basically just running a bunch of pools at once and dividing up the hash rate among them. I dont see how it will make payouts magically increase combined with the normal auto selling going on.

[Tripjammer]

Ok no payouts today? WTF?!?

Damn this just keeps getting better and better...

[YipYip]

hmm ... came back to middle after a long break ...

Once again 4 good days and now 3 rip offs in a row

Me and my 66M are going to clevermining ...I suggest all to follow as this pattern just keeps repeating where he seems to take profits

[ckoeber]

MC already dipped under 17 GH/s

Sad to see what was once the best pool go downhill because the pool operator goes AWOL.

Has ANYONE been able to get a hold of H20?

[aclass]

He's more like MIA for now... AWOL in a bit
Unfortunately nobody here has his phone # to give him a call
Maybe teabag has it huh

MC already dipped under 17 GH/s

Sad to see what was once the best pool go downhill because the pool operator goes AWOL.

Has ANYONE been able to get a hold of H20?

[howardb]

I don't know whats gone wrong with this pool, but it's definately failing (or defrauding since it's real hard to lose MH) big time. My 4.3 MH/s rig was doing about 0.05 BTC/day now consistently getting 0.01?? WTF? I'm off to pastures new, as are I notice 25% of his customers in last 24 hours!

There is no transparency, no communication, no support, as far as I can tell. This one man band has completely failed to scale his business to match the revenues he was/is taking, it's called being greedy, and it's bitten him in the ass.

[aclass]

Buddy,

One thing you might have noticed while being here is that H2O has never been missing completely for such a long period of time. Something has happened to him otherwise he would have at least posted one of his one-liners on twitter...

Anyways... for now this is not the best place to point your miners to

I don't know whats gone wrong with this pool, but it's definately failing (or defrauding since it's real hard to lose MH) big time. My 4.3 MH/s rig was doing about 0.05 BTC/day now consistently getting 0.01?? WTF? I'm off to pastures new, as are I notice 25% of his customers in last 24 hours!

There is no transparency, no communication, no support, as far as I can tell. This one man band has completely failed to scale his business to match the revenues he was/is taking, it's called being greedy, and it's bitten him in the ass.

[azebro]

Another day with  0.02 payout with 10mh. Switched away enough of wasting electricity.
10h mining on waffle and already 0.05. (tried clevermining, but got 20% of rejects)
I'm nobody's fanboy, just looking for best ROI.

[drexel232]

http://i59.tinypic.com/2dlvocj.jpg

[st4nl3y]

today's payout is a joke! seriously, i had enough of this. switched my 2.6mh/s to clevermining.

h2o probably did one cause he made so much money he can't be really bothered to run the site anymore. (quit while you're ahead!)   

[gtraah]

today's payout is a joke! seriously, i had enough of this. switched my 2.6mh/s to clevermining.

h2o probably did one cause he made so much money he can't be really bothered to run the site anymore. (quit while you're ahead!)   

Clevermining a few hours ago gave me 30 % rejects after 1 hr of mining.

Waffle pool gave me 0% after 30 min

now after 7 hours on waffle 1.16% Rejects 125% Effiecency even with 12 GF Not bad.... I am not worried about the 12 GF after 7 HRs as I take them just like a different type of Rejection. Just look at the effiency I have never seen that on MC after 7 Hrs straight.


Waffle is the way to go for me

[gtraah]

today's payout is a joke! seriously, i had enough of this. switched my 2.6mh/s to clevermining.

h2o probably did one cause he made so much money he can't be really bothered to run the site anymore. (quit while you're ahead!)   

Clevermining a few hours ago gave me 30 % rejects after 1 hr of mining.

Waffle pool gave me 0% after 30 min

now after 7 hours on waffle 1.16% Rejects 125% Effiecency even with 12 GF Not bad.... I am not worried about the 12 GF after 7 HRs as I take them just like a different type of Rejection. Just look at the effiency I have never seen that on MC after 7 Hrs straight.


Waffle is the way to go for me

and they also have Europe Server
West Coast US/EAST Coast US

Take Care MC

[gtraah]

today's payout is a joke! seriously, i had enough of this. switched my 2.6mh/s to clevermining.

h2o probably did one cause he made so much money he can't be really bothered to run the site anymore. (quit while you're ahead!)   

Exactly right.... His not about bussiness his about get rich quick and  quit.... We need someone init for the long haul.... Very bad move he had it set if he wanted it but he is letting it ALL go... I wouldnt be surprised if his re-opened as wafflepool same servers - armesterdam, us/west/east

He maybe did it because he knew he did some mistakes with this pool and anted a fresh start on the downlow.. who knows all I know is waffle is the shit right now lets see how the payments are

[aclass]

seems like some more manual trades have been imported ...

[corsaro]

today's payout is a joke! seriously, i had enough of this. switched my 2.6mh/s to clevermining.

h2o probably did one cause he made so much money he can't be really bothered to run the site anymore. (quit while you're ahead!)    

what happened to h2o ?
1) he disappeared from the forum since Jan 19th
2) he did non reply anymore to our questions and problems here on the forum

From yesterday to today middlecoin passed from 22-23 Ghs to 16 Ghs.

I think that if h2o will come back here to the forum, he can save the situation just in time.

I think middlecoin most important problems are:

- incredibly high reject rate (up to an amazing 15%) even if you use the closest pool server
- different mined coins from one pool to an other
- different profits from one pool server to an other

He should implement a proportional system, regardless from what server pool you are using..

[asdosoasd]

go to waffle for now! it works very well

[corsaro]

go to waffle for now! it works very well

+1

I pointed 50% to middlecoin and 50% to wafflepool...  and waffle is excellent working with very low reject rate..

Anyway, even middlecoin, from one of my rig's location is going fine with low reject rate...  Instead from an other location, I was forced to switch to wafflepool for lower reject rate

It looks like some routes are more busy then others, even if you use the closest server, depending from your internet provider

My suggestion: if you decide to switch to wafflepool some of your machines, check before your middlecoin reject rate, and make a 24 hours test to wafflepool to see if rejects are lower or not.

[howardb]

This happened with one of the doge pools also, payments got smaller and then dried up, and communication with users stopped. Incredibly a large percentage kept on mining thinking he was probably just off sick or something, then after a week or so he left a single message saying payouts would start again soon. HE ENDED UP RUNNING OFF WITH EVERYONES COINS! His whole objective was to string people along into the longest possible period of them mining without receiving payouts!! Be smart, play safe, switch now before you get caught out!!