I'm announcing
middlecoin.comIt's a new mining pool with several features.
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Switches to the most profitable coin to mine, like multipool.in, but with several more coins. The switching code is accurate and fast. At the moment, it's monitoring 12 coins, with several more suspended.
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Automatically exchanges coins for bitcoins, and pays miners entirely in bitcoins.
- Predicts the value of the next block, for coins with variable block rewards.
There is no registration. Simply connect your scrypt miner to middlecoin.com:3333 with your bitcoin address as your username, and any password. Payouts are automatic, and occur once a day, if your balance is greater than 10 mBTC.
See the FAQ at
http://middlecoin.com/faq.htmlI'd try it out if you had a more detailed ledger system regarding:
-what coin the port is mining and history of times of what the port mined
-where the coin will be exchanged
-time of exchange, so to confirm with trading ledger of the exchange
I want to be in control of my own funds, but there are times when too busy with work or on a trip that services like this will be useful.
Agree on this one. This idea is the next logical step beyond multipool, but the key is to be completely transparent to your users. I doubt listing the coin the pool is mining is somehow going to drastically affect any profits. Everyone has access to the same price, diff, history info, and while perhaps you've come up with the best algorithm ever, I can't see how mentioning the mined coin is going to be worth not being transparent to people.
At the very least, have the detailed ledger listed above, so if you don't want people seeing what is being mined right now, at least they can see what was previously mined, and importantly, what their mining profits were sold for in terms of btc.
Closed and secretive does not generally work well among this community.