Post
Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
artiface
on 02/01/2014, 16:36:45 UTC
I would rather there be a cutoff. I am mining coins for $, not for investment.
That's my choice, not the pool owners.

You're correct. Its your choice to mine at middlecoin not the pool owners. Don't like it then leave.

Good attitude to have about someone else investing your $.

What i'm getting at is that it is your choice. I choose to invest in middlecoin with my hash rate because I believe it is a sound investment for the amount of time I put in. Sure, if I didn't have a day job and could hop around coins and manually trade all day then it might not be the best choice but I do have a job and can't.

What my problem is with your attitude is you are choosing to invest in the pool and then complaining that you are investing in the pool. Literally no one is forcing you to mine here.

Middlecoin is an investment? Here I was thinking it was a pool.
I didn't realize it was Middlecoin Bitcoin Fund, Co.

A pool is used to form a network of hash, he is auto trading which is nice, but if he is holding onto those coins that WE mined, that's not right.
If we want to hold onto the coins we earned, that's for us to decide.

His job is to keep the pool alive, *trade, and payout...and he gets a nice fee for his efforts.

He's not doing all those parts.

Middlecoin is where you are investing your hashrate, like you would at any other pool.  Here you don't have to manage the coins you receive and trading them to bitcoin happens automatically, but as h2o sees fit to get the best profits.
If you don't like how it is run, once again NO ONE IS FORCING YOU TO MINE HERE.