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Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
petabytecoin
on 22/01/2014, 22:18:57 UTC

if you don't see that you still get a significantly higher hash rate with GPU for the price of the ASIC Scrypt I don't know what to say.
Power usage savings of even 1k watts, is minimal considering the much higher hash output.

Do the math please, then really let it sink in.

I appreciate your condescension.  Let me reciprocate it.

The cost of the 3MH/s model is 11190 Chinese Yuan, or $1849.19 according to the supplier’s website.
That is currently $0.61/kH

Let’s just say you can get 280X’s left and right for $300 because you are a fucking wicked smooth barterer.  You also get 800kH/s on each card because you are a configuration specialist.  So just for the cards, you are paying $0.375/kH.  Let’s not even factor in electricity or other components you need for your rig as we all have closets full of spare computer parts to build endless rigs.  You are getting a 40% discount on hashing power with GPUs compared to an ASIC.

Thankfully, you don’t have to worry about ASICs becoming more powerful and more affordable.  That never happened with Bitcoin right?  That’s why after ASICs came out last year, they were continually outperformed by GPUs.  Oh what’s that?  That shit didn’t happen?  No fucking shit dumbass.

If there is a chip that is producing 300kH/s right now, then there will be a Scrypt ASIC chip this year that will make GPU mining ineffective for Scrypt just as last year it became ineffective for SHA256.

You can have this lesson for free.  Next time you think your math is great, you should think a little more progressively and stop being short-sighted.



For anyone who actually has to pay for electricity, as ASICs get more advanced with each iteration it is inevitable that they will push GPUs out. I don't know if there will be a mass migration to something other than SHA256 or Scrypt or if it's the end of the road for GPUs. Even if there is such a mass migration, it might be unworkable for GPUs and must be run on CPUs, or ironically it might work better on Nvidia GPUs.

It's possible that least some of the first gen scrypt ASICs are going to be mined by the producers rather than sold on the open market. Just something to keep in mind.
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Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
petabytecoin
on 22/01/2014, 09:07:49 UTC
You said "even your PC" was reporting 170 less than yesterday--meaning your local client, didn't say it was only this pool. Since you had such an immature tantrum on this board and think post count means anything (LMAO), I expect you to continue to have problems.

Only idiots think post count means anything, and your
Please take your technical questions to another forum. Your problem is not specific to middlecoin so please don't clog this forum up any more than it already has been with spam and offtopic stuff. This goes for all the other technical/hardware questions as well... there are other sub-forums that you should be posting in instead, and you will get faster response there.

It isn't and wasn't a technical question, It was about the fact that my hash rate had dropped by a lot ''ON THIS POOL'' , Who the fuck are you to tell anyone what to do anyway ? Noob, You're no different to me, Ten more or so posts and you own the place? GTFO!

If anybody has something useful to say about a drop in performance on this pool, Please let me know because I hope I'm not alone.
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Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
petabytecoin
on 22/01/2014, 04:42:39 UTC
I know everybody is probably going to shoot me down in flames, But since yesterday something has changed, I'm no longer getting the hash rate I was, I've dropped at least ten percent overnight, I checked and double checked all my settings and temperatures , Reinstalled all mining apps, Tried every config i ever used and also the older versions of apps to see if I have lost my mind, But no , I have lost ''AT LEAST'' 170 Kh/s overall since yesterday, Its actually reporting less on my PC than i was getting yesterday, I cant see how it is possible, Everything is the same.

Queue everything is fine for me comments in ....Three ....Two...One


Please take your technical questions to another forum. Your problem is not specific to middlecoin so please don't clog this forum up any more than it already has been with spam and offtopic stuff. This goes for all the other technical/hardware questions as well... there are other sub-forums that you should be posting in instead, and you will get faster response there.
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Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
petabytecoin
on 14/01/2014, 20:15:38 UTC
guys im stuck about middlecoin vs hascow

i cant make a choice. i m getting  160khs / 1500khs / 2050khs

from my three computers.

which pool i must join?

(note: im from eu)

Only way to know is to point some hashpower one way, some the other way, wait at LEAST a week, and compare payout per hash. I was getting less here than I would mining just LTC at a zero-fee pool, so I pulled some hashpower from here and am doing my own comparison right now. My rigs have separate addresses so it's easy to compare. You have to give it at LEAST a week due to variance at your hashpower rates. Too much luck/noise otherwise.
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Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
petabytecoin
on 13/01/2014, 00:44:13 UTC
IMPORTANT UPDATE

Somebody has PMed me H2O's personal details including name, home address, where he went to college, a picture of him, and more details on him.

He works as a video game programmer and he plays lots of MMORPG video games. He is 32 years old and lives in California (ANOTHER LIE, he told us he lives in the midwest) His name is Eric. I won't give his last name yet.

This pool is NOT his "full time job" like he said. HE LIED TO YOU ALL. 1 LIE MEANS YOU SHOULDN'T TRUST HIM ANYMORE. He has a full-time job as a video game programmer.

1 quote from H2O on a different website recently is "Video games are pretty much my life right now."

I have sent him a PM to try to work things out. I will give him 24 hours to reply before taking further action.

Jesus Christ lighten up. if he has a full time job that explains the lack of information.... Stop being a jealous douche and spend some time off the internet! You seem like the kind of person who could really use it.

He told us that running THIS pool was his full time job. H2O is full of lies. The house of cards is about to fall.
Oh because a load of information you got from a random guy on the internet is going to be correct XD Even if it is true everyone lies everyday Tongue Hell i know i would to a bunch of random people ive never met and complain a lot if it made my life easier

The personal details they sent me have been verified as accurate. They were very easy to find actually and will be released if H2O doesn't reply to my private message within 24 hours. He just logged in and didn't reply, so I already think he won't reply to me in the future either.
Why dont you release your personal details aswell? You obviously wont have anything to hide and of course if anyone found you had to 1 lie we should ignore you. After all "1 LIE MEANS YOU SHOULDN'T TRUST HIM ANYMORE." Dont be a douche and share someones personal infomation because the key word there is personal. Why not move to another pool and stop stressing out? Life isnt all about a computer you know!

I agree with this, it's really douche-y to threaten/blackmail h20 like this.
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Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
petabytecoin
on 13/01/2014, 00:39:34 UTC
IMPORTANT UPDATE

Somebody has PMed me H2O's personal details including name, home address, where he went to college, a picture of him, and more details on him.

He works as a video game programmer and he plays lots of MMORPG video games. He is 32 years old and lives in California (ANOTHER LIE, he told us he lives in the midwest) His name is Eric. I won't give his last name yet.

This pool is NOT his "full time job" like he said. HE LIED TO YOU ALL. 1 LIE MEANS YOU SHOULDN'T TRUST HIM ANYMORE. He has a full-time job as a video game programmer.

1 quote from H2O on a different website recently is "Video games are pretty much my life right now."

I have sent him a PM to try to work things out. I will give him 24 hours to reply before taking further action.

Jesus Christ lighten up. if he has a full time job that explains the lack of information.... Stop being a jealous douche and spend some time off the internet! You seem like the kind of person who could really use it.

He told us that running THIS pool was his full time job. H2O is full of lies. The house of cards is about to fall.
Oh because a load of information you got from a random guy on the internet is going to be correct XD Even if it is true everyone lies everyday Tongue Hell i know i would to a bunch of random people ive never met and complain a lot if it made my life easier

The personal details they sent me have been verified as accurate. They were very easy to find actually and will be released if H2O doesn't reply to my private message within 24 hours. He just logged in and didn't reply, so I already think he won't reply to me in the future either.

Quote
This pool is NOT his "full time job" like he said. HE LIED TO YOU ALL. 1 LIE MEANS YOU SHOULDN'T TRUST HIM ANYMORE. He has a full-time job as a video game programmer.

Quote
1 LIE MEANS YOU SHOULDN'T TRUST HIM ANYMORE
http://i.imgur.com/vrVEeEa.png

does anyone else find this as amusing as I do?



I think it's amusing that some people think that just because tealover is/was a scammer means that he should be automatically ignored. It's just one more thing to take into consideration when evaluating his arguments.

Over the last several days, I have split my miners and middlecoin has underperformed other pools. This doesn't mean h20 is scamming us necessarily, but I keep an open mind and try to view arguments on their merits, regardless of who is arguing them.

FWIW I don't think h20 is so foolish as to jeopardize his reputation as it's more profitable to run a pool honestly in the long term than kill to the golden goose.
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Topic
Board Pools (Altcoins)
Re: MOON
by
petabytecoin
on 11/01/2014, 22:29:35 UTC
Let's raise the bar. I set the moon to show when the pool reaches BTC150 until further notice.

Considering how much bigger the pool is now, it should be set to 200+ BTC.
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Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
petabytecoin
on 11/01/2014, 06:50:32 UTC
My 1.5 KH/s earns me about $20 a day here. The same power at LTC earns me $9. Seems legit to me.

Over the last 3 days I've got an average of ~0.0178 BTC per day. At today's rate that's ~$15/day, with 1.8Mh/s (about 1.3% rejects).
Would you mind sharing your address? I would like to see the difference in the patterns, if any?

Short periods of time, especially with lower hashpower, can be highly variable. I think most people are seeing more like 0.01 per day per Mhash. I know I am. For the last few days middlecoin has been ~5% better than mining litecoin for me, which is disappointing compared to how it used it was during the peak of the dogecoin craze.
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Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
petabytecoin
on 05/01/2014, 18:39:44 UTC
Wow look at the tantrum. Why would someone keep mining on a pool where they thought they were being ripped off?? If I wasn't reliably making more than ltc mining, converted for me, with daily deposits, I'd be gone. Until those daily payouts don't show up, or there is a significant divergence from the outputs of my single coin pool rigs, I don't see it as a scam. If it was a scam, it is big enough now to pump the total btc output for a few days and be happy for a very long time.

This isn't about middlecoin vs. LTC, it's about middlecoin vs hashco.ws/Multipool/poolwarz.com etc. Smug people saying "well I'm getting paid more than LTC" need to think a little harder about the sentence I wrote prior to this one. I was there to witness Clipse's shady bonus pool and the ultimate end of that. You guys blindly trusting pool operators on the basis of past results are pretty naive.

That said, I think h20 is smart enough to know that by being honest he'll make more money doing so, by grabbing more market share and outlasting the competition. And I think it's innocent until proven guilty, so get off h20's case already and just look at the results. Math speaks for itself. Split your hash power to other similar pools for a while and compare the results after a week, for instance, and keep doing that once in awhile. If the biggest miners leave this pool, you should leave as well, because they have the kind of hashrate to discover something wrong way sooner than smaller miners.
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Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
petabytecoin
on 04/01/2014, 18:55:13 UTC
Not trying to be an asshole, but h20 is making about $2500-3000 per DAY from his 3% fee.

The US server has been broke for many days now and still not fixed. This should be his full-time job but it doesn't seem like he puts much effort in honestly...

Plus since the site has very little stats, we can't tell if he's actually taking a higher fee and that's why payments might be bad.

I'm cynical and skeptic, and I know you guys are going to call me an asshole, but IT IS POSSIBLE.

He should be devoting all of his time to fixing these issues.

All of that is possible, but that's what we have competition for. Hashcows. multicoin. Now http://poolwarz.com/

Give alternatives a shot and tell everyone which pool has been most profitable for you... easy to do, just point half your hash power to one pool and half to another, then mine with both for a week and see what happens.
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Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
petabytecoin
on 24/12/2013, 20:55:24 UTC
It's the people who feel entitled to become rich by mining even with their meager hashrate, who should be called an "ass"
so by comparison with my hashrate/e-penis length, you're an ass.  

not true!  you're an ass because you step on small people "with their meager hashrate" to make yourself feel better. 

Both of you please take it to PM if you insist on arguing. Nobody needs to see your boring, public bickering.
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Topic
Board Pools
Re: [ANN] CoinLab Protected Pool
by
petabytecoin
on 16/11/2013, 18:15:57 UTC
Given the rise in BTC price, I doubt I will get all the way to 1.0 BTC's value ever even with mining the rest of my dwindling redeem points. Can we get a manual payout for whatever fraction of 1 BTC we earn? Like if I run out of redeem points but mine $200 can I get 0.5 BTC if BTC is then $400?
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Topic
Board Bitcoin Discussion
Re: How much can we stand?
by
petabytecoin
on 23/09/2012, 18:35:09 UTC
I do not think we need a separate thread for this.
Post
Topic
Board Pools
Re: [ANN] Protect your future GPU mining earnings with CoinLab's 95-97% PPS Pool
by
petabytecoin
on 19/09/2012, 15:59:19 UTC
Still having occasionally comunication failures and plenty of Pool not providing work fast enough. The very annoying thing is that is never bad enough for cgminer to consider the backup pool but bad enough for hashrate to drop (failover strategies).

Load balance strategy seems to always favour the backup pool even when CoinLab is doing OK, so no.
Balance strategy works, but with a hashrate often significantly reduced (70-50%), so no again.
The site is also sometimes unreachable.
NO, I do not have any net/software/hardware problems.

Any ETA on EU servers?

I have had same experience with comm failures, pool not providing work fast enough, etc. What is the bottleneck for this, bandwidth? Server power on their side? I'm not that far geographically from them so that's not it. I also don't get these errors on other pools that are much farther away.
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Board Pools
Re: [400 GH/s] BitMinter.com [Zero Fee, Hopper Safe, Merged Mining,Tx Fees Paid Out]
by
petabytecoin
on 11/07/2012, 02:01:53 UTC

A couple times today there has been 1500+ more connections than usual and 3-4 times the normal CPU usage. Not sure yet what's causing it as I haven't had the luck to watch it as it happens.


It's happening again, for quite some time right now.
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Topic
Board Pools
Re: [400 GH/s] BitMinter.com [Zero Fee, Hopper Safe, Merged Mining,Tx Fees Paid Out]
by
petabytecoin
on 10/07/2012, 05:26:20 UTC
What's up with the high stales ? My connection was crippled this morning. Last 3 or so days were strange for me. Not sure where the problem is.

The entire mining site is now down apparently.. at least, I can't connect. and yet another orphan block..

Edit: The mining server is accepting shares again
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Board Pools
Re: [250 GH/s] BitMinter.com [Zero Fee, Hopper Safe, Merged Mining,Tx Fees Paid Out]
by
petabytecoin
on 06/07/2012, 20:21:02 UTC
what's up with the insane unluck this past week? :S

And another orphan block, too. Call me superstitious but I think I'm going to take a break from this pool now.
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Topic
Board Pools
Re: [605 GH] Eligius: Decentralized, 0Fee SMPPS, no reg, BTC+NMC
by
petabytecoin
on 30/06/2012, 07:35:39 UTC
Anyone else having connection problems?
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Topic
Board Pools
Re: [605 GH] Eligius: Decentralized, 0Fee SMPPS, no reg, BTC+NMC
by
petabytecoin
on 24/06/2012, 02:51:33 UTC
Yeah mostly duplicates, but also some stales, both at an unusually high rate (it appears to be going down though).
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Topic
Board Pools
Re: [605 GH] Eligius: Decentralized, 0Fee SMPPS, no reg, BTC+NMC
by
petabytecoin
on 24/06/2012, 02:35:55 UTC
Is there any reason why the reject rate is so high today? It's reaching epic proportions, and I am on the verge of switching pools.