Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
I dont think its a srypt asic
As I said before Why cant it be this -----
I have a feeling some guy has figured a way to create a pool which is sponging off middlecoins pool . A smartass person sponging off middlecoin who has Diverted all the hashing power from his users on his POOL that he has accumulated more users over time but all this port forwards to the middlecoin server.... Lets say 200 Users on this pool with 1000khs each, well there is your 2000mhs ? So basically everyone joins the NEW SPONGE pools server which directs back to middlecoin server and users everyones hashing power. --200 x 1000Khs
Each day the payout get distributed to the 200 users.... according to their hashrate for the last good payout. For Example if they are all at 1000KH well then they all get 0.04 BTC which is not bad . But again I am going by good pay out day Of 8 bTC
I think this kind of thing should be banned if proven. Making H20 do all the working while the other pool owner sponges on the profits and by passes the work of the exhcanges and trading to h20.
What u think??
TO H2o
You are now making more than enough money I think you should close the pool for new registrations only as its becoming worse for the rest of us but better for you. Is this what you want?
I think you forgot one zero there champ, it's 2000 x 1000KH/s. As I said before Why cant it be this -----
I have a feeling some guy has figured a way to create a pool which is sponging off middlecoins pool . A smartass person sponging off middlecoin who has Diverted all the hashing power from his users on his POOL that he has accumulated more users over time but all this port forwards to the middlecoin server.... Lets say 200 Users on this pool with 1000khs each, well there is your 2000mhs ? So basically everyone joins the NEW SPONGE pools server which directs back to middlecoin server and users everyones hashing power. --200 x 1000Khs
Each day the payout get distributed to the 200 users.... according to their hashrate for the last good payout. For Example if they are all at 1000KH well then they all get 0.04 BTC which is not bad . But again I am going by good pay out day Of 8 bTC
I think this kind of thing should be banned if proven. Making H20 do all the working while the other pool owner sponges on the profits and by passes the work of the exhcanges and trading to h20.
What u think??
TO H2o
You are now making more than enough money I think you should close the pool for new registrations only as its becoming worse for the rest of us but better for you. Is this what you want?
Going with your calculation, his current 800MH/s would equal to 800 persons and with 8BTC divided amongst them, they'd still only make 0.01BTC per person.
As middlecoin is an open pool (in the meaning that you don't need to register), there is no registration to close. Only thing I could think of which he could do is to not accept any new wallet addresses.