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Showing 20 of 23 results by jimprofit99
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Board Pools (Altcoins)
Re: [ANN][POOL] Profit switching pool - wafflepool.com
by
jimprofit99
on 25/03/2014, 19:56:43 UTC
Any chance to see all the MintCoin pilled for weeks finaly exchanged?
Post
Topic
Board Pools (Altcoins)
Re: [ANN][POOL] Profit switching pool - wafflepool.com
by
jimprofit99
on 23/02/2014, 17:30:33 UTC
I have no problem with an occasional delayed payout - PoolWaffle always comes thru.

That said, I would be happy to see the fee raised a bit - to maybe 1.5% or 2%.  Seems more then fair, and still the lowest I have seen (specifically when nobody offers a truly comparable service right now). PW having more $ on hand to potentially expand operations, handle late payments, or whatever, just sounds like a decent idea.

Poolwaffle any chance you could start posting these tidbits on the reddit as well, I know it is a pain having to post on a hundred sites but would be great to not have to read 40 messages just to see what's happening. Sorry to be a bother.

Reddit is way more annoying to following, IMO.  It takes a whopping few minutes a day to scan thru the new posts in this thread, and keeps everything centralized.  I am glad PW keeps his communication here - I am sure it kills less of his time.

The occasional delay is not the problem here... but having some guys paid while other not!!!  If you are running a business and pay half of your employees, I can guaranty you that you'll have to deal with a strike the next day.  I just try to say that every miner should be treated the same way, without randomly picking people or something like that!  If only 50% can be paid you delay the payout for everyone or pay everyone a half payout.  It's just accounting.

Anyway, thanks for the payout, and I'm looking forward for the final explanation from cryptsy, they so often have issues that they become expert in justifications and other excuses.
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Topic
Board Pools (Altcoins)
Re: [ANN][POOL] Profit switching pool - wafflepool.com
by
jimprofit99
on 23/02/2014, 07:51:37 UTC
If you look at the global stats page, you'll see that a payout occurred at around 3 AM, but not all miners have apparently been paid!  Why paying some and not others instead of making it proportional since we are all waiting since yesterday?  Anyway, it's not fairplay!!!
Just a guess, but I bet the larger miners got paid, although this wasn't intentional.  Looks like a bunch of coins got exchanged at the same time as cryptsy finally sent the bitcoin payment, payment went out, but because there was so much exchanged balance sitting on cryptsy, there wasn't enough to pay everyone.  I highly doubt this was intentional - payout script probably ran and cleared people's balances until there was no BTC left.

Logical a payout script would start at the top and work down (simple sort order), so smaller miners accidentally not getting a payout does make sense.

Anyway, it really shouldn't matter - everyone will get paid tomorrow, and then you can just smile about a much bigger then average 1-time payout.

I can't agree with you, if the next payout has again delay due to cryptsy, we will once again have to wait and won't may not been paid again if the same logic is applied.
Post
Topic
Board Pools (Altcoins)
Re: [ANN][POOL] Profit switching pool - wafflepool.com
by
jimprofit99
on 23/02/2014, 07:29:41 UTC
HERE'S MY INFO PHZI-

1AxpUz56WxDwfnQCZLQLbCYrdnuXxSuzdD

Quote
Hash Rate: 4.70 MH/s (5min approximated)
This is where per-worker hashrates will go.
They're coming eventually. Please stop emailing to ask if we have them yet
Blocks Found: 0 (show last 10)

Bitcoins sent to you: 0.09103817
Bitcoins earned (not yet sent): 0.07142326
Bitcoins unconverted (approximate): 0.00783896
click to see coin balances

Recent Payouts
Date                            Amount
2014-02-21 15:32:49    0.03504930    
2014-02-20 15:14:13    0.04281956
2014-02-19 12:22:14    0.01316931


According to that you were last paid at the same time everyone else was.

If you look at the global stats page, you'll see that a payout occurred at around 3 AM, but not all miners have apparently been paid!  Why paying some and not others instead of making it proportional since we are all waiting since yesterday?  Anyway, it's not fairplay!!!
Post
Topic
Board Pools (Altcoins)
Re: [ANN][POOL] Profit switching pool - wafflepool.com
by
jimprofit99
on 16/02/2014, 17:35:11 UTC
Hey, something seems to be wrong.
I have password d=256, and it has been working since now. Now suddently I saw my hashrate
being 0.00 at http://waffles.wilschrader.com/
Then checked my rigs and two of them were diff 16 and hashrate was 200h/s (not kh/s).
Something wrong with the server?

The stats are wrong, same issue here, the shares don't appear on my page, but the unconverted amount increase, so they are counted.  I'm also unable to resolve the IP for eu & useast, had to change my setting to use the IP directly instead of domain names.
Post
Topic
Board Pools (Altcoins)
Re: [ANN][POOL] Profit switching pool - wafflepool.com
by
jimprofit99
on 15/02/2014, 15:21:05 UTC
Is there any other miner having Confirmed and Unconfirmed coins that don't appear on the Approximate Unconverted Balance on the stats page?  IE: Emerald are still pending on my personal stats page, but don't appear on the Global stats page.  Maybe a DB problem???  Any clue would be appreciated, Thanks.
Post
Topic
Board Pools (Altcoins)
Re: [ANN][POOL] Profit switching pool - wafflepool.com
by
jimprofit99
on 11/02/2014, 20:08:58 UTC
Bitbar looks good too and is also in Cryptsy

Bitbar takes days to get mature, it's hard to predict how will go the exchange rate on such a long time.
Post
Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
jimprofit99
on 08/01/2014, 16:42:22 UTC
By the way what other multipools exists which auto exchange in ltc or btc?

You may want to try this one http://www.alternatepool.com/ but I had connection troubles in the past.
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Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
jimprofit99
on 08/01/2014, 03:03:18 UTC
I've lost up to 3 days of mining due to recent bitcoin crash. Still waiting to get verified on mt gox. Their customer support are awful, not even answering.

It may take up to 1 month to get verified, and up to 2 weeks to get your payment method reviewed (bank info).  My last request to the support took around 10 days to get answered.  They are slow, but it works and you may already exchange your BTC to fiat currency.
Post
Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
jimprofit99
on 06/01/2014, 17:06:15 UTC
I'm sure there is good reason to be mining LTC. If you dont feel there is, doesnt take much work to redirect your miners to a different pool for a while.

Don't worry CaptainBeck, I will do it if it continues like that, cause soon what I'll get from the pool won't be able to cover my electricity bill.  And by the way, let me remind you what the main page sells to the people mining here: "This pool automatically mines the most profitable scrypt coin".  It's just being honest to recognize it's not true anymore.

I understand well that mining smaller coins may become difficult when it comes to sell them on a small market for a big pool, but other solutions than mining LTC must exist.  Maybe that this pool just became a place for big miners, that's why many of us become unhappy with the results and start to say so.
Post
Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
jimprofit99
on 06/01/2014, 15:08:27 UTC
Can someone explain why we're mining litecoins instead of other more profitable alt-coins?

LTC would show in cgminer with a diff of 3.37K or 221M, depending which version you have. I don't see that diff now, we seem to be switching between DOGE and CAT (17.3M and 6.45M).

We switched to LTC a couple of time today... and we are presently mining LTC :-(
Post
Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
jimprofit99
on 06/01/2014, 07:04:11 UTC
I'm sorry, I missed it, but did anyone see how much the pool balance was  before they payout? The graph shows over 140BTC, but the payout transaction said 107BTC were paid out.

Also, at 5,000mhs, we were averaging around 100-120 BTC/day now with 10,000mhs, shouldn't we be averaging 200-240 BTC/day?

Just H2O stealing more coins. No big deal. Since some of you guys said you're OK with 5-10% fee, I'm sure he's going ahead and taking it
No... Not all 'exchanged balance' is payable. Exchanged balance never starts at 0 after a payout for obvious reason - BTC that is exchanged takes time to withdrawal from the exchanges before it can be paid out... So not all exchanged balance can actually be paid immediately.

There is nothing obvious as long as a lot of small miners don't reach the payout and have their balance carried out to the next one.  It's normal to start the day with some remaining BTC.
Post
Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
jimprofit99
on 06/01/2014, 04:15:06 UTC
Middlecoiners, particularly if you have only been mining for a period of 24 hours or less, remember that despite what you received today, there is still an unexchanged and immature balance you have accrued that you will be paid tomorrow. To accurately estimate the fruits of your activities, you need to factor those in, as well. It takes a couple of days for the payments to truly reflect your time spent. For example, when I stopped mining at middlecoin during the recent server issues, I continued to get payments the next two evenings thereafter that reflected previous activity. All in all, the payments came out to be solid. Remember that before you evaluate things and immediately bail out, if payments don't seem like what you are accustomed to, it does take a few days for your "true" activity to be paid upon. I am posting this for those that might be thinking they have been mining for 24 hours and got a low payment. You need to consider what is still reflected in your unexchanged and immature balance. I have also noticed those charts are sometimes misleading, because the unexchanged balance is an ESTIMATE of what will happen once h2o makes exchanges. In my past, he has sometimes pleasantly surprised me with higher numbers than the charts indicate, but that also takes a day or two to show up.

Don't get me wrong, everyone has it's own stats, and it's own config.  If I'm bad luck Brian, I will have crappie stats, that's life!  All I say is that being up to the moon @ 1000BT (indicator of a good or a bad day) is not the same with 5000MH or 10000MH.
Post
Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
jimprofit99
on 06/01/2014, 04:06:42 UTC
Last time I did a trend-line for our performance (very pie-in-the-sky type numbers though) I came up with a figure of 17mBTC/mhashday

This agree with other people's assumptions? Obviously the variance is a lot as well.

personally, it's much lower, only around 12mBTC / mhashday on a normal day.
well looking over historical data going back to July, 12mBTC would be a bit low - remember we want the average, not a typical day.

I'm talking about a normal day for me... I'm only member since a month, so I can't figure out what would have been my payout before!  Anyway, including the DOGE rush the average for the last 33 days is only 13.3391 mBTC.
Post
Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
jimprofit99
on 06/01/2014, 03:49:54 UTC
Last time I did a trend-line for our performance (very pie-in-the-sky type numbers though) I came up with a figure of 17mBTC/mhashday

This agree with other people's assumptions? Obviously the variance is a lot as well.

personally, it's much lower, only around 12mBTC / mhashday on a normal day.
Post
Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
jimprofit99
on 06/01/2014, 03:22:23 UTC
Dammmm....

Ppl, where talking about how bad was this pool...
So for im very pleased... this latest payment was the best atm... very nice indeed!

Even the main graphic show payment of a lot of BTC...

Smiley

Middlecoin ftw!..

LPC

The main graph means nothing as long as the total hash power increase.  Personally, I'm around 10% below a normal payout.

CoinGeek, won't it be more interesting to be "up to the moon" when we reach a certain number of BTC by MH?  We were in fact really up to the moon when we were having 100 BTC with 5000MH a month ago, but now, we need the double to make the comparison.
Post
Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
jimprofit99
on 05/01/2014, 04:02:55 UTC
I understand past payouts are not meaning future will be the same jim, that is down to variance. However they are normally in a similar ballpark, for one to go from 0.01 ish on EU day 1, to 0.005ish day 2 on US, to 0.01ish on EU day 3, to 0.005ish on US day 4, you can see there is a trend occuring to a decent reliability. I am not taking sides, I am merely stating you cannot dismiss it.
I'm a massive fan of the pool, don't take everything as an attack of so personally, a loss of 50% earnings day to day from going EU to USA server is very strange, and not within the realms of variance - as you will be able to see if you look up others payouts.

Cheers

As stated by H2O, the US Server was switching between currencies (even too much), while the EU Server was only mining a single currency (DOGE then LTC).  As both server acted (and will continue to do so as long as the EU Server is not patched), making a comparison is like comparing apples and oranges.
Post
Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
jimprofit99
on 05/01/2014, 03:47:59 UTC
You people aren't realising what he's saying, even if he adds up the blue, green and red on the US days it still comes to less than the red on the EU server.
Take the last day for example, 0.00222 Balance + 0.00216 + 0.0008 immature = 0.00518 That is the Cumulutive, COMPLETE TOTAL of his days mining, now look at the day before on just EU he got over 0.01, so no matter which way you look at it he has ended up with way less BTC (approx half)

Good to see a few updates in here from H20, that guy was too quick to label him a scammer (ironically given he's a scammer himself).
That being said, as a few others have said, please can you explain the large 'refund', how come someone needed a big refund?
Thanks.

Once again, different day means different performances...  If he feels that he gets better payout on the EU Server, then he should have stayed there instead of changing.  Personally, no matter on which server I work, I never have 2 times the same payout!!!  Past results are not a guaranty of future results!
Post
Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
jimprofit99
on 05/01/2014, 03:06:15 UTC
Is someone able to explain me why my balance growing slower on the US server than on the EU one?

http://image.noelshack.com/fichiers/2014/01/1388865136-balance.jpg

You can see I got better performance today on the rejects, using the custom cgminer from someone in the thread.

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/18hk9oJkkLYSHFMg4NKr52wci52PmZzeci.html

As you can see, when you are on the US Server, you accumulate a lot of unexchanged coins to be exchanged later.  When you're on the EU Server, the coins exchange quickly because it's only one currency, and the market is there.  As soon as H2O will have patched the EU Server, it will work exactly as the US Server and switch between many coins, and you will have to wait a bit more before seeing your Balance grow.
Post
Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
jimprofit99
on 03/01/2014, 17:56:55 UTC
When it comes to balance, keep in mind that immature & unexchanged are just estimates in BTC as their name state.  If the market go down, your immature & unexchanged coins worth less.
Yes I know, and that's exactly my point, if the coins had been auto-exchanged like the pool states, then I would have gotten the original amount stated, rather than the decreased amount that happened when the value of the unexchanged coins went down.

I don't think anyone can predict a coins value in advance. If you can then by all means please do. Smiley

Lol, I wish I could predict the future price of a coin. But I'm not asking about future prices, I'm asking about the current estimate. If the current estimate says 1BTC then I should get 1BTC if I trade it right then and there. But if it says current estimate is 1BTC and I don't trade it then, then the value can go up or down, and in this case it went down since it wasn't auto-traded when it was the original estimate. I hope I'm making sense.

As it states, it's an estimate based on the last known price... it does not predict the future. ex: last trade @ 0.05 with a volume of 1000, then nobody want it @ more than 0.04. You may want sell your coins as much as you want @ 0.05, if there is no market to buy them, you will have to wait or lower your price.  Then you want to get the best price, but so other guys don't care and sell @ 0.04... and there we are, the last price fall @ 0.04, and your estimate go down.

Conclusion, H2O keep the coin unexchanged longer to get a better price if possible... and if you look closer, you'll see that the red line increase usually more than the decrease in unexchanged coins, which is the sign of a good trade.