Post
Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
Shastada
on 17/12/2013, 14:26:01 UTC
Hashrate seems to have increased from 2.5GH to 3.6GH in less than 48 hours. Thats amazing.

Im sorry but I cant see why this would be amazing for anyone.
Sure, we need a basic and steady "engine" like 1gh maybe. Everything more does not give you or anyone any advantage - in fact it might only get into a disadvantage if it continues to grow (pools capacity is obviously capped somewhere and you have to expand it, or get into serious troubles).

Or do I miss something? Im not that long within the coins stuff at all. Or do you just wanted to say "wow, this pool seems to rock. This is even indicated by the increase of hashing power"?

Besides,
I am interested if (if I'm right with the above) the steady increase in hashing power is a serious concern for the pool operator? Do we need to split or something like that?

And,
are you splitting hashrates right now into several coins or are all mining the same? As some mentioned, to much gh/s on a thin coin can damage it. Wouldn't it be good to - lets say - split it: half of hashing power is used for LTC, the rest for something more risky? Of course the total earnings have to come together and get splitted to everyone according to dirstibuted hashpower to be fair and equal.



Please share some thoughts....

Well its definitely amazing for the operator because he gets a cut of all that, but for me it just reinforces my decision to mine here rather than somewhere else. If others are moving here I assume its because the payouts are better than elsewhere.

If it gets too big will it 'break' the coins it lands on? I don't know but it hasn't happened yet and we expected that he'd be unable to cash in the coins from the last two days, but he did so he must know what he's doing.