Mining pool profits reddit It's completely random where you will fall on the normal distribution. com DeFi Wallet. 00849 eth per day ($32) and 0. 186093 : It’s literally us it’s not a poll. We're not at the place where we can absolutely assume cloud mining website operators are running Ponzi schemes yet, but we're getting closer to it with every price The luck of their pools, let alone solos have never been too good as compare to other pools. 00399) Update : results with no difficulty increase for comparison: Feb 23, 2021 · I have rx580 8gb and ı am mining with 28mh/s which pool is suit for me best ? İf you have a idea please write. Jul 26, 2021 · Unless the payouts and rewards are drastically better on other pools, mining on Binance seems far more efficient. Choose a pool that: mines blocks at a frequency you need payouts charges a pool fee you are comfortable with has other features you think you need (e. 5% accepted shares with the balance being stable. He said nothing wrong on his end. Mar 11, 2021 · Sometimes NH is more profitable, sometimes pool mining could be more profitable. Sep 15, 2021 · Why pool mine for ETH instead of use nicehash? Ethereum has better potential than BTC in my opinion. Apr 30, 2022 · There's a couple of things to consider here. This subreddit is all about Liquidity Mining / Yield Farming and making it accessible for everyone. For me, I just started using Flypool, and it has the best ping of any pool so far for me. With different miners 96TH and 110TH on average I see better payout per TH with ViaBTC. Feb 28, 2021 · Otherwise, if you're using a good pool and you have very few stale shares, it's pretty similar with a small advantage for pool mining (usually within 2 to 5%). A small pool may appear to perform very badly for a month, or extremely well for the same duration - but that's luck. 300 of those miners are in a pool. 1 eth so ı moved to flexpool now should ı continue with Dec 3, 2023 · Decentralized mining pool Ocean just mined another block. Mining Pools & Block Explorer Jul 10, 2022 · Nicehash is fine for entry level and casual mining, but direct mining is more profitable and always will be. Oct 17, 2021 · Going by MPM we’re at 2. These are two much smaller pools in the grand scheme of things, but they are extremely adaptable. 5k $ a month. Here’s a quick comparison of some top mining pools:. Nov 29, 2023 · Ok so after we found a block I’m moving back. Like even if BTC price will rise, it would be better off buying 60 USD worth of BTC on the spot market today, rather than buying a cloud mining service that’s much more riskier. Best ETH mining pool in 2021 Otherwise you lose hashrate if you open both pools up at once with all gpus. You will need to set it up together with monerod on a Nicehash displays the average hashrate for last few minutes which depending on luck can be higher or lower than your miner hashrate. 23 but they take their fee on payout so it’s more like 2. There isn't a "best" mining pool. minerno. Aug 17, 2023 · I just found out that you can monitor progress on Kaspa-Pool. Most people post on Reddit at this point. io which provides, among others, an ongoing and representative comparison of the profitability of several large Monero mining pools. so I declare with all confidence - Jun 6, 2021 · I also think it's naive correlating solo to pool mining in the way you insinuate. We have excluded beepool, huobipool and spiderpool from the list as they are all based in China. I think xmrpool. Pools & Block Explorer. The lady helped me get my "credentials" by putting $50 worth of ETH into my Coinbase Wallet. They will lower the amount you receive when the price of a coin goes up. For the new members and those concerned about reduced profitability, I am sharing information on revenue through foxpool’s dual mining. adding you guys add solo miners payouts on pplns pool and the other way around, so solo miners get way less rewards I'd like step by step information on how to set up a mining operation. It's considered to be more complicated than other pools, however ultimately it is straight forward to setup and of most benefit to the Monero community. Most of the time it mines with Binance but sometimes it switches to Nicehash and tells me that its doing more profit. I tried mining to different server regions, as well as playing with the sd and fd settings (starting difficulty and fixed difficulty), and nothing seems to help. com pool, with refferal code I paid 0. yet I have to say there are days in Wich Slush pays ways better than ViaBTC but it all depends on how many blocks Slush pool finds that day Dec 2, 2021 · If you mine to the Hiveon pool they take a fee that isn’t shown by default. So for example, if i had 500 USDT in my wallet, it Oct 27, 2023 · Just upgraded my Rig, and specifically went for a CPU that was good for Monero mining (5900x). AKA, your given hashrate will pay over time will be the same on all pools, or solo. r/EtherMining A chip A close button Hey, new to mining and the cryptocurrency field so sorry if this is a dumb question. com serves over 100 million customers today, with the world’s fastest growing crypto app, along with the Crypto. 0133 * (0. com is the best place to buy, sell, and pay with crypto. I’m having faith. I just want to learn Dec 10, 2024 · Mining pool coins involve groups of miners combining resources to improve block-finding odds, with coin choice and understanding algorithms being crucial for profitability Feb 10, 2021 · Most pools charge 1% pool fee. Maybe I'll be lucky for once and find a few shares a day. They also have a low payout of 0. I've done 2Miners, Ethhash, Coinotron, Nicehash, Betterhash, mining directly to Binance. The frequency of rewards is irrelevant, it averages out. As of right now (according to whattomine), pool mining is 3-4% more profitable than NiceHash is the world’s leading hashrate marketplace, and one of the most recognized names in the cryptocurrency industry. I Dec 14, 2023 · Before I ask, please put profitability and probabilities aside. If you mine to Hiveon pool using HiveOS you’re allowed 4 free rigs. If you're wanting to get Aug 9, 2023 · Mining tools to calculate possible profit? QUESTION I am aware of the website whattomine. Expand user menu Aug 26, 2021 · However, because more people are on the larger pools, you get proportionally less from each block found by the pool. Cheers! Sep 30, 2021 · Skip to main content. Say $200. She told me the pool would mine Eth based on how much USDT i had on my defi wallet, on a ratio of 2% per day. Litecoin pool merged mines ltc and doge and it's the most profitable pool of you're looking for something that you can easily convert into fiat. Realtime data Jul 27, 2014 · Ref link. Oct 19, 2004 · When I started mining in 2017, I did some different pool testing (tries a half dozen different ETH and multi-algo pools) and at that time there wasn’t huge differences in mining profits per pool. Dec 18, 2023 · Ok I understand will check out Ocean. Reduced values for the cryptocurrency Destroying your profits. (If you want to join my pool it's at www. I've read that only 25% of Zilliqa rewards are GPU PoW mining, the 70% are transactions fees being processed on CPUs. I don't think we're due a crash as you say. 5% mining rewards fee with a minimum withdrawal of 0. a month mining zcash vs. 9-2. Sep 3, 2021 · I have been running HiveOS and mining from the Hiveon Pool. It's bullsh-t. 2) = 0. nicehash using equihash algorithm. Expand user menu Open settings menu. Miners ASIC GPU CPU profit earnings. How much more varies wildly, but the range is between 5-50%, usually close to 10-15%, depending on the coin and buy orders. Aug 30, 2021 · The site allows seeing the profits using a simple algorithm that takes the block's rewards and divides them by the current hashrate of the pool (removing the pool fee). Focus on ETH BTC BSV BCH. In my opinion the best and most honest mining pools with the least members is the Bitclub Network because they have 460PH/s at this moment and in February they go to 1100PH/s and in April even go to 2000 PH/s. Oct 29, 2021 · However, of course, in doing research I just feel like I'm leaving 5-7% on the table between this and the top 2 pools - Ethermine and Flex. May 26, 2021 · Are there any pools you would guys recommend starting with? I'd personally suggest Flexpool, but that's only because of my interactions with them. Pool hoppers jump in at the start of a block, when shares are worth the most, then jump somewhere else. r/ICOAnalysis A chip A close button. It was this problem that the Ethereum mining pool — 2Miners, identified and set out to solve. I can follow a tutorial to make s CD player in Delphi. Them and DCG are the best but no kyc at sbi Aug 17, 2022 · So, for mining with 1 KH/s CPU retained for a year, you'd earn ~0. I'd also like to know about profitability of running an ASIC, and whether I'd want to aim for Doge and Litecoin, or other pools. Pools like Ethermine aren't cheating or being unfair by adding reward transactions to their blocks at a price of 1 gwei. If you are one of the 300 miners, you will get paid for approximately 3/10 of all blocks found. The smaller ones (below #15-20 or so) are likely to be more niche, with wider swings. 06 XMR on average, for that year. Please refer to Oct 22, 2022 · View community ranking In the Top 50% of largest communities on Reddit. You can use a one-click miner or mine directly to a pool. To get started just select your coin and configure your rigs to point to any of our pools. io. However, the two positives I’ve found to be strongest are the fact that historically the btc price has shot up within 8 months of each Aug 6, 2021 · 5 miners pool is awesome. When I was setting up a GPU mining rig for ETH, they helped me by suggesting I use teamredminer when I was getting 10% stales and that massively boosted my profits. When I got my 3080 ftw3 ultra at launch I mined it for about 6 months and it damn near paid for itself, But see the thing was that's when it was going up so if mined early May 22, 2024 · Hello, Bitcoin miners. two identical 6 gpu rigs. Especially considering pool fees. That and I can mine on a couple quadro p2000’s I have laying around in headless mode on anything but NiceHash. I'm just really unlucky but thats just how it is. A good place to start is monero-stratum which is lighter and easier to configure than production pools. I know with unMineable, they will not allow you to get over $7-8 a day with 147Mh. It depends on the number of shares you found or submitted to nicehash. The company's mission is to maximize the value and utility of digital assets through our comprehensive product suite including advanced trading solutions, liquidity aggregation, tax-efficient asset-backed credit lines, a high-yield Earn Interest product, as well as the Nexo Platform and Nexo Wallet with Jun 12, 2021 · There are the top 10 popular pools that you can choose from. All GPU has been optimized for mining. Nov 17, 2021 · 142K subscribers in the NiceHash community. Other larger mining pools do have more power, but they have many more members where the mining share is much less. The easy and obvious negative fact is that mining rewards get cut in half. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. I tried mining to pools quite some times with my private miners, but I always came back to NiceHash. On the home page, you enter your wallet address and you can see how you are doing and how close you are to a payout. Let's build a community in which everyone can earn a passive income thanks to DeFi! We wish everyone great success and look forward to a friendly conversation. It is not consistent, let's say average 2 months, sometimes you will mine 2 blocks in a month, sometimes you mine 0 blocks in 5 months, but the average payout is slightly higher than pool mining, just very inconsistent. P2Pool. In June 2017, the following two pools reportedly began mining empty blocks to which manipulated network gas cost. Nov 17, 2021 · 194K subscribers in the EtherMining community. So, step by step I believe I could set up a small mining operation. com Visa Card — the world’s most widely available crypto card, the Crypto. For example, if Ethermine gets a 50 ETH block, miners probably won't notice a lot. 5% (average between 1-3% fee depending on the pool you pick) Jan 26, 2022 · Profits come down to how many blocks they mine in that pool, more blocks = higher or higher profits. Way better than windows and hiveos. Mining used to good but once everyone got on board the shares are so small now. 5-0. Then two weeks later I was doing stratum pings and getting 60% packet loss to only their pool. Optimizing GPU for mining with special tool Jan 17, 2024 · I think that’s what he is getting at, but keep in mind that mathematically getting a block exactly at 100% effort is what is most likely to happen, over the long run. For assistance and questions related to your account, Jun 13, 2014 · In turn, assuming all pools are honest and not withholding blocks, this would make the 50% pool mine ~0. Basically if I get 500$ a month on finance pool, how much would I get on ethermine for example May 12, 2021 · If its the same as most othe coin pools it will be. Before I ask, please put profitability and probabilities aside. Not only because I work here, but because things are so much simpler, the UX is way better. poolbay. Payout and fee schemes are essential because they can eat into your profits. Claim BSV from BIP39 seed Steal mining rewards, leaving miners without rewards Reduce overall network security and trust leading to Scaring off investors/exchange listings, etc. Im gaining the half of the normal on Jul 31, 2021 · Solo mining you get paid once several months unless you have 30+ 3080s. Ethermine and Flexpool both Oct 11, 2021 · I used to mine on binance pool pre EIP-1559 and noticed a significant decrease in profits some time close to the EIP release date which led me to move to flexpool which I'm Oct 17, 2023 · Crypto mining is one of the best ways to earn some passive income. 290w on the wall, 16 cents / kw and I’m getting 14 KH/s, stock settings in BIOS. × Quick Message to MiningPoolStats Sep 29, 2023 · I was mining directly and I decided to try Nicehash Quickminer since the profitability calculator was estimating greater profits then I was getting with Unmineable pools. This reddit is moderated by a CoinSpot representative known as u/rockethelper. " To keep it simple, this is just a group of people that get together and split profits whenever one hits the jack pot, so to speak. Nov 25, 2021 · Mining pool innovates on how to pay miners saving $10M USD in fees The high transaction fees seen on the Ethereum network can be a nuisance even for network miners. Not to mention the lower pool fees. r/ConcealNetwork • May 18, 2021 · Unmineable is more akin to a traditional mining pool where everyone is mining either Ethash (Eth), Etchash (Etc), or Kawpow (Rvn) and dividing the payouts based on contribution (hashrate). Aug 31, 2024 · Understanding the various mining pools is key to optimizing your mining strategy. Date : 05-21-2024 Miner : Bitmain's 120T Pool : Foxpool. (Your TB of blocks-total pool TB of blocks) / total pool TB of blocks *100 This will give you your negative % of amount of rewards you will get just make this positive (can calculate it as abs if in excel or programming languages. Discussion of mining the cryptocurrency Ethereum. Feb 13, 2024 · I'm mining on binance but there's huge difference between the avg hash rate on the miners and the pool in 24h is this normal or should i r/BitcoinMining A chip A close button. Jun 23, 2017 · While this is true on the surface, the recommended mining tool is the Claymore Dual Miner, which takes 1-2% of mining time and points it to the dev, which essentially takes 1-2% more profit away. I have about 1. 9% for Miningpoolhub. Nov 10, 2021 · Solo is for gamblers, or those that really want to be decentralized at the risk of lower profits. Founded Jun 29, 2021 · Get app Get the Reddit app Log In Log in to Reddit. 25 increase to your profits Welcome to the Coinomi Reddit page. Apr 8, 2021 · I have seen a lot of comparisons between flex pool and ethermine but rarely come across sparkpool Has anyone done profitability comparison between Skip to main content. 8 GH/s so I generally prefer to cash out every 3-4 days (I don't like to leave much more than $400 on a pool) so I'm torn now with gas prices being what they are. 6 XMR block reward to your name). It’s news out another pool returned a 83 btc reward. Oct 14, 2021 · Reliable Mining Pool for higher profits. Saves alot of hustle and it compensates for higher taker fees (from binance and 3rd parties) because the trading aspect weights up. Nicehash takes a cut, so if you have a GPU that has been mining Ethereum 100% of the time, you will do worse on Nicehash for the cut they take. org even without an account. There are two ways to mine. They are trying to correct the inherent unfairness of pool mining. 1h for gaming, 23 for mining and torrents. 5% of the rewards when someone in the pool wins. Crypto. Creating problems for the Blockchain/Project and hinder development. If a sub-10TH pool finds a 50 ETH block, the animated gifs will run for hours in their chat channels and people will talk about Mar 24, 2021 · I used to mine on nicehash, but some people told me , that a pool is better, i choose the binance because of the low fees and pps+ payment method, because i play games too and dont mine 24/7. I found this miner when I started looking into ASIC miners and according to this it's the most profitable miner there currently is. Dec 14, 2023 · I recently bought a NerdMiner to learn how the mining process works, and I have a few questions. g. You can see the blocks in the blocks section to see what actually happens. You can also set your payout threshold to as low as 50 KAS. Coinbase now paying out straight to individual miners. I am using newer version phoenixminer with 7 AMD rx580 8gb, the RHR (total gpu hashrate) 222MH/s and the CHR (total pool hashrate) the top is 310MH/s, I got about 123 RVN coins a day. Daily revenue from pool: Chia Calculator result * 0. 23 for the past 2 months to 2Miner’s 2. I also heard about p2pool from May 4, 2022 · Sentiment and the price dropping is what worries me. in my experience pool mining is more profits if you Compare cryptocurrencies mining pools, hashrate, difficulty, price, market capitalization, transactions stats. The cost for it currently is around 20 grand as seen here but if we calculate the yearly yields using the LOWEST number for profit (120) we get 43,800. Please keep discussion focused on Coinomi Members Online. I started mining monero a few days ago with xmrpool. I have 430 MHash/s. While some mining pools require a lot of Dec 14, 2023 · It's important for mining pools to be fair in work assignments and transparent in their operations. Oct 17, 2021 · Like the title says what pools do you guys use? I'm curious becuase I want to maximize my profits to the best of my ability. This seems lower than advertised rates by Hiveon Pool and other pools by about 25%. Get app Get the Reddit app Log In Log in to Reddit. Yesterday I left this leaky pool, but before leaving I wrote everything I think about it , and culturally, without a mat. Maybe this is possible on other pools as well. 5 eth blocks. 2miners will pay you in Bitcoin but it’s a pplns pool and so is ethermine and flexpool. May 18, 2021 · Ask questions or receive news about about mining Average Block Profit for: #1 Flexpool: 4. Ease of Use: 10/10 Point to a BTC address, couldn't be simpler. Nov 25, 2021 · 2miner-rat pool! Not only do they manipulate funds during the withdrawal of the btc, for example, they also rat balls that do not reach the account balance. Jan 9, 2022 · Crypto. The profitability is slightly lower than mining on a normal pool so I guess this is how the people buying your hash power make a profit. 067 and running the machine for 3250W and a pool fee of 1. New Coins Events Calendar. I get the highest earnings there and for some reason my rigs are just more stable. comments sorted by Best Top New Controversial Q&A Add a Comment. Get app Dec 13, 2022 · I think it’s not worth investing at all. Sure if you have over 3 GH/s for Ethereum for example, then yes, by all means use 2Miners but if you have under that, you'll be more than likely spinning your wheels. If it were more reliable I'd go back. Mining pools monitor on telegram is the channel every miner should be watching even if some pools stats are off. Despite this, the pool operator does a good job of making bank. I saw a few YouTube videos comparing the profitability between Nicehash and different mining pools that seem to confirm that. 005 BTC, making it a major player with substantial block May 21, 2022 · Anyone mining at 2miners could verify if your yield equals to what miningpoolprofits showing? 2miners seems to be typically at the bottom of least Open menu Open navigation Go to Reddit Home. I'm currently using F2Pool, I like the pool its great, but everywhere I read the pool fees tend to be on the high side of other pools. Compare Monero (XMR) coin, algorithm RandomX, proof of work ( PoW ) mining pools, hashrate, difficulty, fees, mining hardware, miners, price, market capitalization May 2, 2022 · Algo switching is much more complicated, because you are now mixing different coins with different mining incentives and profitabilities. com Visa Card — the world’s most Apr 19, 2023 · I am new to monero mining, My cpu is a Ryzen 5 3500u and is getting a maximum of 1,600 H. I don't make any profits and am not planning to (0% pool fees, plus electricity) but I see a lot of potential in Monero, not just financially. Oct 17, 2023 · 15 Best Crypto Mining Pools For Cryptocurrencies 1) Binance. This "credentials" allows me to be able to "pool" with them. Oct 11, 2021 · I used to mine on binance pool pre EIP-1559 and noticed a significant decrease in profits some time close to the EIP release date which led me to move to flexpool which I'm pretty satisfied with. I HIGHLY recommend the second as you will understand mining and how it works more clearly, and you maximize profits. Dec 29, 2020 · Nexo is the world’s leading regulated digital assets institution. Oct 9, 2021 · This happens since the Hashrate is not being reported correctly by Flexpool when mining a block. but I was simply banned in a telegram, and all posts were deleted. To be honest, I get the most profit from Mar 4, 2023 · Wooly also had some serious uptime issues with their kaspa pool and when asked about it, they flat out lied about outages then banned me from their discord for bringing it up. Sometimes I get back to my pc after days of mining just to see that I have not found a single share. However, finding a pool where you can mine coins on different algorithms will be much harder. 875 Aug 24, 2021 · Before MEV income was shared with Miners it was kept 100% by mining pools. Pools Controversy. The profit from writing this post is 120 a day but it fluctuates between 120 to 300 over time. Bitcoin mining has become so competitive that CPUs and GPUs no longer provide enough computational power to be effective. Here is MO's pool profit chart that I May 9, 2019 · Recently we have launched PoolWatch. Don't confuse it with transaction (aka tx or gas) fee to move eth around. You could make more or less as an individual. This month I will be testing Hiveon Pool and Flexpool and aslong as this doesnt affect my mining profits too much I will be checking other pools. i was thinking of switching to Ethermine. Then She told me about this Ethereum mining pool and that She already made profits with. It also has 3% fees. several people have run rigs on both pools to test over 50+ days. the blocks had 400 transactions and 300 being payouts, you guys pay in to many transactions because 0,05 eth is the only config. MiningPoolStats. Dec 26, 2021 · They tell you that you can make good returns on ETH pool mining. Which should smoothen the process for everyone with some patience i presume. The profits with Flexpool is quite Dec 16, 2024 · Discover the top 6 best Bitcoin mining pools of 2025. It comes down to luck unfortunately. However, as of this writing, it occupies the title of the third-largest public mining pool. You make a deposit. Depends on the NiceHash hash power marketplace. F2Pool; Please research each pool before deciding which to mine for. r/EtherMining A chip A close button. Mar 7, 2022 · Mining with around 5kh/s on mini and have an average effort per share of around 348%. Doing this is more profitable that just mining Monero on these systems. Sep 15, 2021 · Herominers' PROP pay system will result in you getting less than estimated for your hash rate. I'm a small miner with a single 3080/100 mh/s ~ so i thought binance pool was for me where I could avoid high gas fees and keep my eth staked there too. I am conflicted in what mining pool to use, I am currently using hashvault and I am having a good time on it. You "mine" and receive your coins directly in the asset of your choice. If you want the full 100% then you need to wait long enough to farm a winning block. Again I Hi guys, I don't have much knowledge about cryptocurrencies or Bitcoin, but I've always found them very interesting. Even though Sparkpool; the number 1 ETH pool is a Chinese mining pool this website displays all the information in English which makes it easy to understand and Jan 23, 2014 · I've had experience with two pools: Middlecoin: Profit: 8/10 Middlecoin is so large it can't effectively mine some of the smaller coins, reducing its profitability. 05946 eth per week ($222). Mine to pool > payout to your wallet (tx1) > move to exchange (tx2) > sell it, or trade, or whatever. This means that Nicehash can have potentially much higher payouts but also potentially much lower payouts because the payments heavily depend on who is paying Dec 24, 2022 · What Bitcoin mining pool is it worth to mine on now? Nicehash isn't the best for decentralization, but I have had higher profits with them over anyone else. If you solo mine, you could earn less or more (if you're lucky, you have 0 or multiple 0. Welcome to the Liquiditymining Subreddit. The stats (all approximate as i know they will vary) show 0. Dwarfpool. eu looks cool though, but I've never used either pool. It is weird when people have a bad reaction to finding out they are making less money because of their choices, if you want to deny the data go ahead. NiceHash is a Bitcoin centered platform, providing a complete ecosystem of mining and BTC payment Feb 12, 2022 · Feel free to check out the monitor group for yourself. Dec 12, 2020 · Since August I've been mining Ethereum, cashing out those profits, to help cover costs the last 3 years of mining. Open menu Open navigation Go to Reddit Home. Hello, I represent Fennec Blockchain. Also the 15% "boost" due to mining ZIL - that seems quite a tall order based on the numbers I got. But I think it just makes a calculation based on mining pools. Analyze Pool Fees: Compare fees across different mining pools to find a balance between cost and service quality, and watch out for hidden fees Sep 16, 2022 · Mine your favorite non-mineable crypto assets! Our automated system takes care of all the exchanging and transferring, to deliver a seamless experience for PoW miners. AntPool frequently trades places with BTC. Dengan Tampilan Antarmuka Yang Mudah Dipahami Beragam Pilihan Permainan Serta Bonus Yang Melimpah Aplikasi Ini Menghadirkan Pengalaman Gaming Yang Bukan Hanya Oct 31, 2022 · Unlike other Zilliqa pools they had that strict rule that you can't mine ZIL on their pool and main coin somewhere else, you have to mine both at k1pool. Drop a comment, if you learnt something new. At first I put my Ravencoin address but I didn't receive payments so I put my Bitcoin address and I saw that it was going to take a long time to reach the minimum for payment. After Stratum V2 integration (soon), individual miners can build their own blocks The official Python community for Reddit! Stay up to Feb 3, 2022 · Posted by u/Professional_Head561 - 2 votes and 4 comments Aug 11, 2023 · I’ve been mining lots of RVN since the ETH switch Why lose money mining it and not just buy/trade for it? GPU mining makes no sense since the gross revenue is so pathetic now it's hardly worth doing (a 3080-class card mining 50 cents worth a day, while completely ignoring depreciation, maintenance, and power(!)). Modern Jan 24, 2022 · Hi all, I was introduced to this mining node/ pool by a friend and asked to join it. com as the largest Bitcoin mining pool. F2Pool: Charges a 2. This is with the assumption you're on a mining pool, e. Also I would like to point out that BTC price rising does not guarantee an increase in profit. Live hashrate distribution, pool fees & minimum payment comparison. 21 as MPM watches the miners earnings before payout. Ethermine is at 2. They have a pool hash rate of about 550kh/s compared to the network hash rate of 500Mh/s. We hadn't Hello everyone, I've been mining RVB for a few days. It shows fake profits in a fake wallet of $1000. There is the pool variable of the fees they charge. Jun 25, 2021 · Very rarely are any of my systems directly mining Monero most are mining WOW and one in mining Haven. Extremely shady. The takeaway here is really 2-4% for NiceHash vs 0. 04 and hive at 2. Reply reply pdath A Reddit community for users of the Noom Coach and Noom Health Applications! Apr 5, 2022 · Listen I’m a big NiceHash fan. The only difference between solo and standard pool mining is effectively payout varience. 75 XCH goes to the pool and 0. I totally understand this will only incur cost and never make any profits, neither solo nor with a pool. Reply reply Jul 19, 2021 · When a plot in an offical pool wins then 1. I quit etherminer after 1 day because payout is so high for one gpu is 0. Overall, pool miners make less than solo miners, because of a To mine with a graphics card or using multiple miners, you need to set up a rudimentary pool. We came out ahead by about 2%. Mining each pool a week at a time is the best outcome. Been running since this morning. Feb 7, 2021 · i was mining in your pool and big blocks were hitting on other pools, 6-7 eth. At least I didn’t find them. com Exchange and Crypto. xyz, are there any other solo mining pool options you know of and I assume u do not know of anyway of knowing which miner within a pool wins the block. de) Apr 16, 2021 · Hi there I am quite new to mining, I did a test leaving my PC mining for 12 hours on binance because profits seemed a bit low then I compared by leaving my PC on for another 12 hours on ethermine where I made more. 0158 in ETH. Im about 98. stream does provide profit switching between different chains with payouts in XMR, so can be somewhat Takes a year running 24/7 to break even. ELI5 Why pool mining is more profitable than solo mining? Assuming pool profits are shared fairly (% reward=% of pool's total hashrate) I don't see why the expected reward should be any different from solo mining. Thus, "mining" (if you can even call it that), Monero with MO is May 27, 2021 · Generally, just avoid the top 2 - 3 largest pools, as distributing hashrate more evenly is good for the network. Sep 15, 2021 · At the current market rate $48,325 after electric at . 03. Log In / Sign Up; Advertise on Reddit; Chia Coin Mining Pool Calculator im still working on adding options to choose which type of pool income u want to use for estimating profits: pool income last 24h Jul 16, 2022 · Been comparing Slush and ViaBtc pools for the las 30 days. Then it ranks the pools by severals range of time. I purchase about $1500 USDT coins over 2 weeks and actually made . We are pursuing a mining pool developer who is capable of forking RPlant or Zergpool. Simplified: say there's 1000 miners with equal hashrate. Toggle navigation. Dec 5, 2021 · Lol they are not paying out 22% less than a pplns+ pool 😂 fpps always pays better in long run only time is if your pool paid out on an extra block with some good luck. May 29, 2021 · Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. Yeah, this es exactly for the info I'm looking for. I used nicehash when I first started mining because it was easier to set up. Each coin is mined individually, so they all individually work in the way I described. You can either use our recommended pools, or use whichever ones you choose. Mar 1, 2018 · Here is hopefully a definitive answer to whether NiceHash is more or less profitable than some other popular multi-algo mining pools. Ask questions or receive news about about mining New to mining and just setup XMRig. Binance is a popular cryptocurrency exchange platform that offers access to over 150 cryptocurrencies for trading, buying, and selling. 10% profit switch threshold Hardware: 3x Asus GTX 1070 Dual OC 80% TDP, Someone has linked to this thread from another place on reddit: [r/gpumining] Mining Pool Profitability Chart Im fairly new to mining, but I rly like the idea of having a mining pool combined with a market-platform. 4% faster than the 20% pool (0. So I have 3 miners and should be getting an average of 7. 5. Anyone who is still pool mining with them are seriously not paying any attention. Sep 20, 2022 · If its your first venture into XMR mining, then p2pool. For MRR and NH, you can enable "marketplaces" as well. As a bitcoin focused platform, NiceHash provides a complete ecosystem of mining, hashrate and payment Oct 1, 2021 · Posted by u/rumu45 - 1 vote and 11 comments Nov 5, 2024 · You can technically join a Bitcoin mining pool without an ASIC, but it’s highly impractical. Find a pool that uses PPLNS and you'll get better payouts. They are capable of configuring to any new coins that are available on the market, with almost no exception. Aug 15, 2021 · I am using unmineable. support) has good uptime and ideally is geographicly near to you Lastly, try to avoid the top 3 by hashrate. Our system tracks exactly how much hashrate was Dec 10, 2024 · Useful tips on the subject: Understand Coin Algorithms: Research the different algorithms used by mining pool coins, such as SHA-256 and Ethash, to ensure compatibility with your mining hardware and maximize efficiency. But even then I mine to their pool using t-Rex because their excavator blew for me. My question is what is the recommended pool for an entery-level Ethereum miner? The hardware I have deprecated over the years, but still hashing at 140mhz on Ethereum (all 8gb+). The combined Jun 12, 2021 · Even though being a small mining pool it has gained a lot of attention among the Ethereum mining community for bringing in more profits to miners and for being extremely transparent. Jan 25, 2022 · The top 15 or so at least should all average out to within 5% over time. I highly recommend 5 miners. but in 2miners was getting 3-3. Take Nicehash for example. Luck plays a role short term, but over time becomes less variable. MoneroOcean. 220512 #2 Sparkpool: 4. More posts you may like. MiningPoolStats × Small donations to keep website running are greatly appreciated ! Close. , the better computer you have, the more rewards you can expect because you contributed more Sep 17, 2023 · Honestly if your primary goal is profit, with your hardware your probably best on moneroocean so you can benefit from the profit switching algorithm. Each pool has its unique features, fees, and rewards, which can greatly impact your earnings. You could mine for 3 months and not find a single block. hi, If you're mining LTC and want a referral code add mine for a %. Links for more information about 51% attacks: Investopdia Oct 13, 2021 · Your hashrate determines the income side, not a pool. You want merged mining. Mar 27, 2024 · Best mining pool for doge/LTC mining . Someone Mar 29, 2021 · Usually, many people get together and form what's known as a "pool. one using nicehash 3% fee? the pool rig is making an extra 150. Radiant mining pools and network data/charts - profit calculator. com serves over 80 million customers today, with the world’s fastest growing crypto app, along with the Crypto. flipped the two rigs around and produced the same results. OFC they didn't allow me to use my "boot up just for ZIL pow window" scheme. You get the same regardless. Anyone can mine for it. Jan 24, 2021 · Pool mining is inherently unfair to the majority of miners, because it can't provide miners with their rewards without charging some amount of transaction fee. It not only keeps the blockchain network running smoothly but also helps the circulation of cryptocurrencies. Log In / Sign Up; Advertise on Reddit; Shop Collectible Hey Master, yeah the gas is insane right now thank you anyway I will include more pools in the next days Feel free to request me what pool do you want to see Bye Oct 15, 2021 · Reliable Mining Pool for higher profits. Jan 4, 2018 · Using nicehash vs pool. Jul 9, 2021 · Mining cryptocurrency can be intimidating at first but once you understand how it works it is very easy. io Coin : BTC and FOX2 1 day ago · Mining Pool Stats | List of known PoW mining pools with realtime pool hashrate distribution. I'm not doing it for any profit but for the network. Since the price of energy in my country is not so favorable for List of known Bitcoin pools (BTC) SHA-256 PoW algorithm. In other words the pool only receives 87. yesterday I was so lucky that i had 56mh/s on mining pool hub with 1080ti for straight 12 hours now its 47mh/s even though its suppose to be 44. . Jul 15, 2019 · Another great option is Antpool, a mining pool that supports mining services for 10 different cryptocurrencies, including Bitcoin, Litecoin (LTC) and Ethereum (ETH). If you are dedicated to futile GPU mining, you might Jun 29, 2021 · Loved, loved this pool, until I dealt with their site and pools going down twice in the week I tested them. Because of this it my 1 XMR payment is much faster. I believe in p2p and I solo mine because it dose not make sense to pool mine and make a few dollars a day for me, if I hit a block then well its worth it but if not im supporting I am hosting a pool and mining myself. If you use HiveOS and mine to another pool there is only a flat fee of 3$ a month if you have more than 1 rig AND mine to another pool. Compared to other mining pool benchmarks we actively mine on each pool at the same time, with similar hardware on a continuous basis. I noticed that most pools have different ports with different difficulty values, I don't know, I just don't trust them. Apr 11, 2021 · Open menu Open navigation Go to Reddit Home. Don't just blindly follow recommendations. Jul 11, 2023 · Monero ocean is not a Monero only pool - you could be mining other cryptos and are just paid in Monero. Spiderpool offers different discounts and promotions on its current rates. If i'd listen to every FUD post on this Reddit about this pool or this other pool Dec 12, 2024 · Papa Togel 1 Bandar Online Yakni Solusi Terbaik Berguna Bagi Siapa Saja Yang Ingin Menyimak Serunya Bermain Kasino Online Dan Taruhan Olahraga Secara Aman Dan Nyaman. As long as you mine Monero with randomx, your profits are the same no matter where you mine (before pool fees). Apr 8, 2021 · The amount earned does balance out between them, over enough time. In the vast majority of situations you will be better pool mining, and this applies for just about any crypto that has a decent network hash rate. They are ranked based on their hashrate. Get insights on fees, payouts, hash rates, and which pool suits your mining strategy. Profit-switching pools are effectively multiple pools (one for each coin) tied together by a software that makes you switch to whichever coin makes you Nov 17, 2021 · I thought of this because if somebody with 500 mega hashes can mine a block faster than somebody with one tera hash then I would assume that all the miners in a pool aren’t actually working together they are submitting their answers individually and splitting profits. 25 goes directly to the farmer. Why are you guys even wasting the time? You could day trade and make 100x more. Happy mining! Mar 18, 2024 · Let me share the strongest points of interest that I found with the upcoming halving. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. In the meantime, we will be working on a mechanism that allows us to better calculate the real hashrate of each pool using the rewards obtained by the miners per each block. one using mining software 2% dev fee and pool 1% dev fee. For example, If you mine in ethermine or flexpool to your own wallet, and then you want to cash out, you pay tx twice. Once(if!) mining no longer proves profitable, I'll look at going solo for however long I can, using the profit I've made so far to cover the electric consumption. 50w on the wall for a Mar 18, 2021 · Get the Reddit app Scan this Hello, i just downloaded Awesome Miner and set up Profit switching with a normal eth pool (Binance Pool) and Nicehash. Mining pools gotta do better Aug 21, 2017 · Mining with SmartMine means you have complete control of your funds, as everything you mine goes into your mining pools. It also offers a built-in cryptocurrency wallet for storing and managing cryptocurrencies, including Bitcoin. Jun 20, 2023 · Crypto. The big people profiting are the ones from minexmr, for instance, who make about 7. Pool stopped mining empty blocks on 6/20/2017 and is okay to rejoin. Lately, I've been thinking about mining some satoshis. Jun 15, 2021 · Also, if you open our mining calculator for Nvidia 2080 you can uncheck all filters except "Multi-algo pools" and you will be able to see a list of all algorithms they offer. A real mining operation would have difficulty maintaining a profit while prices were dropping and still paying out the same returns with overhead. Just mine for a day you will see. 75% for mining fee. I worked with PinPin for a while and nothing seems to be helping. 2 GHs. The lady kept asking me if I can put in more money. 003 xmr, you just have to manually set that. This obviously hurts mining, and can increase difficulty to mine. Everyone gets rewarded based on how much they "contributed" (e. You're basically renting out your hash power and getting paid in btc. It took 37 days to mine 1 XMR on Nanopool and only 27 days on Moneroocean with the exact same hardware. They still take a hidden fee cut Nov 21, 2021 · They don't always own the rigs. jkmxq lydvd ivwb pgik wtts dugpjzv tbdtlq fdf iiofo mchekce