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

[gsrcrxsi]

MC has lost 30-35% of its hashing power over the last 2 days.

So sad. RIP

[forcefedvr6]

He was on the forums yesterday and didn't bother to communicate with his users, (Last Active February 18, 2014, 05:59:19 AM

That is pretty fucked up.  No Tweeter updates, either.

It looks like overall daily balances are still lagging far behind what they used to be,  so something must be seriously wrong with the system.

He's down to under 16 Ghash now.

I'll echo what someone else brought up in that this may be intentional to shake out smaller users for whatever reason,  although the bigger guys are being affected as well.

I hope that my remaining immature/unexchanged balance gets added to my remaining exchanged and I get paid,  that's my only  concern at this point.

[igroock]

Says he was active today too. Guess he doesn't care anymore. Oh well!

[coins101]

WTF?



Middlecoin has lost 25-30% of hash rate in a few days. That's serious money down the H20 drain.

I don't care who you are, that's a serious loss on the amount of BTC trade that was taking place each day. Add to that the prospect of losing regular customers. I say again, WTF.

There must be something going on here. Did middlecoin get hacked, Goxxed or were some BTC or altcoins stolen, was there a stupid problem associated with the dogecoin fork?

OK, there have been conspiracy theories about everything from who shot JFK, to did the USA really land on the moon?

My conspiracy theory is that H20 got caught up with the dogecoin fork.

[igroock]

OR middle coin has been good up until DOGE halved because it was mining DOGE all day long...think about it, the payouts went to shit. I think doge halved 6 days ago which is shown on his charts where payments are almost halved. Maybe the pool wasn't all that good to begin with...

[FrankieSaysRelax]

WTF?



Middlecoin has lost 25-30% of hash rate in a few days. That's serious money down the H20 drain.

I don't care who you are, that's a serious loss on the amount of BTC trade that was taking place each day. Add to that the prospect of losing regular customers. I say again, WTF.

There must be something going on here. Did middlecoin get hacked, Goxxed or were some BTC or altcoins stolen, was there a stupid problem associated with the dogecoin fork?

OK, there have been conspiracy theories about everything from who shot JFK, to did the USA really land on the moon?

My conspiracy theory is that H20 got caught up with the dogecoin fork.

No. The only issue was blind faith people on this forum had and the attacks on anyone who posed any legitimate questions. H20 is overly-protective of something that isn't so secretive. Other pools are doing the same thing he is but are more transparent about it. He was the first to offer this type of pool but it seems like with the profits he was making he got lazy or greedy. For a while, the pool was still growing at a rapid rate without any communication from him. I think he just got used to it but now that there is competition in town, his strategy is more transparent. Yes, he does trade in layered orders as opposed to auto-exchanging or selling at the market rate - this helps push the price of the coins slightly up if there is volume. Is that a long-term benefit over the competition? It remains to be seen.

[envy2010]

MC has lost 30-35% of its hashing power over the last 2 days.

So sad. RIP

It was too big anyway; no pool should be a quarter or a third of the DOGE or LTC network.

[coins101]

WTF?



Middlecoin has lost 25-30% of hash rate in a few days. That's serious money down the H20 drain.

I don't care who you are, that's a serious loss on the amount of BTC trade that was taking place each day. Add to that the prospect of losing regular customers. I say again, WTF.

There must be something going on here. Did middlecoin get hacked, Goxxed or were some BTC or altcoins stolen, was there a stupid problem associated with the dogecoin fork?

OK, there have been conspiracy theories about everything from who shot JFK, to did the USA really land on the moon?

My conspiracy theory is that H20 got caught up with the dogecoin fork.

No. The only issue was blind faith people on this forum had and the attacks on anyone who posed any legitimate questions. H20 is overly-protective of something that isn't so secretive. Other pools are doing the same thing he is but are more transparent about it. He was the first to offer this type of pool but it seems like with the profits he was making he got lazy or greedy. For a while, the pool was still growing at a rapid rate without any communication from him. I think he just got used to it but now that there is competition in town, his strategy is more transparent. Yes, he does trade in layered orders as opposed to auto-exchanging or selling at the market rate - this helps push the price of the coins slightly up if there is volume. Is that a long-term benefit over the competition? It remains to be seen.

Profit switching pools go back to 2011.

When you lose so many customers and trade in a short space of time, one twitter post is worth the effort.

[Tripjammer]

It don't matter middlecoin is pretty much dead...stats dead...no response from h2o and no twitter feeds and hash rate dropping like a rock. Did anybody get paid yesterday?

I did not even mine a whole day on clevermining and I got more than I have gotten from middlecoin in 3 days.
I am on waffle pool and it's even better.

Plus all these pools have cheaper fees.


Plus nobody is defending this pool anymore! It's like this pool is on autopilot to nowhere!

[gsrcrxsi]

It don't matter middlecoin is pretty much dead...stats dead...no response from h2o and no twitter feeds and hash rate dropping like a rock. Did anybody get paid yesterday?

I did not even mine a whole day on clevermining and I got more than I have gotten from middlecoin in 3 days.
I am on waffle pool and it's even better.

Plus all these pools have cheaper fees.


Plus nobody is defending this pool anymore! It's like this pool is on autopilot to nowhere!

i got paid...

a whopping 0.0104, from 2.2MH, for 2DAYS worth of work (didnt get paid the day before)

[fcmatt]

i am still owed btc so lets see if it magically pays out. my btc address stats are not updating.
moved away from the pool a couple of days ago...

[forcefedvr6]

i got paid...

a whopping 0.0104, from 2.2MH, for 2DAYS worth of work (didnt get paid the day before)

Did that make you whole,  or are you still sitting on immature/unexchanged?  You might have to hash there again for a few minutes to get current stats. Mine won't update past when I bailed.

[gsrcrxsi]

i got paid...

a whopping 0.0104, from 2.2MH, for 2DAYS worth of work (didnt get paid the day before)

Did that make you whole,  or are you still sitting on immature/unexchanged?  You might have to hash there again for a few minutes to get current stats. Mine won't update past when I bailed.

i still have about .014 total sitting between balance/immature/unexchanged.

you dont have to mine to get updated stats. just use the stratehm.net site

[forcefedvr6]

i got paid...

a whopping 0.0104, from 2.2MH, for 2DAYS worth of work (didnt get paid the day before)

Did that make you whole,  or are you still sitting on immature/unexchanged?  You might have to hash there again for a few minutes to get current stats. Mine won't update past when I bailed.

i still have about .014 total sitting between balance/immature/unexchanged.

you dont have to mine to get updated stats. just use the stratehm.net site

Ok,  I will watch it there. 

[caution]

i got paid...

a whopping 0.0104, from 2.2MH, for 2DAYS worth of work (didnt get paid the day before)

Did that make you whole,  or are you still sitting on immature/unexchanged?  You might have to hash there again for a few minutes to get current stats. Mine won't update past when I bailed.

use http://stratehm.net/, they've updated my stats where as middlecoins stats have stalled.

[closesat315am]

i got paid...

a whopping 0.0104, from 2.2MH, for 2DAYS worth of work (didnt get paid the day before)

Did that make you whole,  or are you still sitting on immature/unexchanged?  You might have to hash there again for a few minutes to get current stats. Mine won't update past when I bailed.

use http://stratehm.net/, they've updated my stats where as middlecoins stats have stalled.

your individual details page freezes whenever you stop mining, your details continue to update on the all users page

[forcefedvr6]

i got paid...

a whopping 0.0104, from 2.2MH, for 2DAYS worth of work (didnt get paid the day before)

Did that make you whole,  or are you still sitting on immature/unexchanged?  You might have to hash there again for a few minutes to get current stats. Mine won't update past when I bailed.

use http://stratehm.net/, they've updated my stats where as middlecoins stats have stalled.

your individual details page freezes whenever you stop mining, your details continue to update on the all users page

I'm watching on stratehm.net now.  I theoretically have enough for a daily auto-pay now,  we will see if it goes through tonight.  Then I will have .006 estimated unexchanged/immature remaining to keep an eye on. 

PITA.

[coinGeek]

...
Plus nobody is defending this pool anymore! It's like this pool is on autopilot to nowhere!

not defending or anything...

But I haven't been hashing here for the last two days and I still made about half my normal balance just from unexchanged. And, the pool balance is higher now than the last two days at payout with a lot less hash. Still a bunch of unexchanged too.

I'm back in for a test swim. Not recommending anybody else follow, but it's just me trying to be here with unexchanged primed if tomorrow is a good day. (tired of single coin pools and selling it myself too)

[xIIImaL]

clevermining or wafflepool  that is the question..

[Serellyn]

And there's an update on MiddleCoin. Check its Twitter!