Post
Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
CraftyMiner
on 10/12/2013, 01:54:45 UTC
Thats exactly what I asked him and he said that I was lucky to get .03 at 1.2 Mh/s
Something is wrong and needs to be fixed

how are your last payouts if i can ask you? mine from the 30th of november till today are 0.0356, 0.0357, 0.0173, 0.0243, 0.0145, 0.024, 0.0346, 0.0282, 0.0134, 0.0148 (todays one)
maybe we are following a similar path, and if thats the case i can be a little more sure that the source of the low earnings is not on my side.
i can understand 0.035 can be high for only 1.2Mh/s and could happend if a coin is way more profitable than another that day, but a drop of more than 50% of earnings overnight its just too weird.
i tried hashcows for a while today, but it doesnt report the right hashrate (only 800kh/s of 1200) and i get a shitload of rejected shares, also the esitmated balance is very bouncy, one moment is 0.002 after a while less and so on.. maybe im the only unlucky one with that pool, i dont know, but with middlecoin i was doing just great.. too great i guess

Hey Bipity,

I really don't have much experience so I'm not professing to have any real answers for you  (Started last week and I'm yet to get my rig to run stably for an entire day... so no idea yet what my actual earnings will be when I do...)

What you were earning is inspiring, but it does seem on the high side compared to what I have calculated I'll earn.

I've looked at a couple of calculators, e.g. http://dustcoin.com/mining. If I punch in your 1200khz it suggests you will earn $13 USD worth of LC. I checked the exchange rate against BC and it would be 0.0139 (at the time of this writing). This seems to be about what you are earning at the moment?

I know that over the past week I've checked dustcoin a few times, and with my planned hashing power it's told me on one day I'll earn $50USD worth of LC, and the next day it's been $26USD worth. Additionally, BC value was over $1000USD last week, then overnight at $700USD. When BC value drops by a 3rd this must have a big influence on the currency exchanges Middlecoin is doing for all the currencies that are being mined?

Just thinking it through, and also preparing myself for wild fluctuations. Seems like it's part of the game.

Cheers,

Crafty