Mining pool profits reddit. 1 threshold is daily. Click on the Start Menu, type “cmd”, and press Enter. ViaBTC is one of the best mining pools because it offers BTC, BCH, and LTC mining pools. Maximize the profit: There is an opportunity to get more profit with an earn-product Coinhold up to 14% API. Default values are adapted for three 3070 cards. If you are new to mining and want to try it on a windows operating system, please keep in mind that windows anti-virus is incredibly hostile to all forms of mining and will always flag miners as malicious software. eg. Discussion of mining the cryptocurrency Ethereum. What pool are you guys mining on, I've saw in the Mining Pools Profits that flexpool is doing well. if daily reward is equal between hpool OG and space pool, space pool is already in a great advantage. 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. https://asterpool. They might take a tiny commission, but nothing beats the profits possible day after day and the monitoring capabilities with NiceHash. Drawbacks include increases heat, slower machine, depleting battery, etc. Save the edited text so your wallet and worker name is in place and double click the application and it should start mining. Cameron653. 1h for gaming, 23 for mining and torrents. You see the problem with other mining pools is that: I have tried all the solo, pool and manual mining methods, remote management and a range of varying coins. Then it ranks the pools by severals range of time. For example, If you mine in ethermine or flexpool to your own wallet, and then you want to cash out, you pay tx twice. Zergpool is anonymous and therefore you will use this address to show ownership and to tell the pool where to send your funds. I’m pointing 3 rigs at it and running hard! Rewards are still good and looks like relative to my hash % on the network I’m fairly early. 016~XMR) a month for utilizing hardware otherwise I would not be. ViaBTC provides useful services, like KAS to USDT conversion/auto-conversion, transfer to CoinEx exchange (0 fee and real-time payment), and miners can check the details of the profits settled every 10 minutes. Highly profitable if you have affiliates. The reward is calculated regarding the current mining difficulty, block reward, and current price. People burst mining all damn day every day. Fluxpools. Mining is profitable if you have a high hash rate and low power cost. Two more blocks. It was this problem that 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. a month mining zcash vs. The best pool is not in the top 3 pools by hashrate (to help decentralization), has a low latency from your location (fewer stale shares), and offers the features that are important to you (miner notifications, low/custom payout threshold, graphs, etc). Makes sense! Mining with around 5kh/s on mini and have an average effort per share of around 348%. Ethermine’s payout scheme is better for small miners. Ask questions or receive news about about mining But the CPU on all my flight sheets are set to mine monero, dual mining xmr / eth cpu / gpu - it is a trickle of coinage. flipped the two rigs around and produced the same results. Always try to purchase when they go on sale. It’s a great pool for me. If you find a better pool or somewhere to stake Pi Network is a crypto mining mobile app that is reaching main net soon, someone just sold 500 on eBay for £100 making it worth approximately £0. With this platform, you can get the real-time status of the miners. 7 KH/s This is highy unprofitable. from changelog : Flexpool will be frozen while they resolve the compatibility problems, observing a percentage difference in the wallets and fluctuations of the reward of more than 20%. You make a deposit. Given current network difficulty, if your rigs collectively produce less than 400-500MH/s, you should consider joining a pool. Apparently it's made strictly for mining. But for the small miner who takes 2-4 weeks to get a minmum 0. Then they tell you that you need to deposit another $500 to withdraw your thousand. Smart mining is the process of having a throttled miner mine when it otherwise does not cause drawbacks. 1. The plan lasts for a year, so in theory I would be making 46. The fact it’s free and I’m constantly hearing nay-sayers just like in the initial Bitcoin years tells me this could be one to watch. When you have 10TB of a 1PB pool you will get 1% of all rewards but more frequently. So, on average, I'd expect to make 0. Last time I calculated my earning using a 3080ti, 3070ti, and a 3090, i was making the price of a big mac per month. All appreciations & gratitude to @prochargeback on insta. io:3088 Under your CoinBase wallet's "Coins" tab, click on "Ethereum" and look at the ETH you paid for the miner voucher (I paid -$25. Recommend it! 1. Switching parameters: 15 minute interval 10% profit switch threshold Hardware: 3x Asus GTX 1070 Dual OC 80% TDP, +90 core clock, +400 mem clock The hardware I have deprecated over the years, but still hashing at 140mhz on Ethereum (all 8gb+). . Setup. Once all of the above is setup, you are good to go. Reliable Mining Pool for higher profits. Now it’s like $3400 worth. US based, with worldwide servers. net, herominers, minerpool, enigmapool. Nearly all pools require fees, but some are structured to operate without them. 05 payout, you’re paying 6. Statistically speaking, by doing new nft pooling, it's like only 7/8 of your plots It’s power usage is significantly less than the 7950x. 195$ and 40$ respectively ) are too high for my purpose. me pool for example. Lincoinpool ftw! The Bitcoin Mining Pool that is Reliable, is Easy to Use, is Auditable, is Intelligent, is Transparent, is Innovative, is Efficient. Nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. nicehash using equihash algorithm. YadaCoin - thoughts? Started mining yada coin . asterpool. The game features space & planetary exploration, building & construction, mining & resource gathering, survival, crafting, terrain deformation, as well as space & land combat. View community ranking In the Top 1% of largest communities on Reddit In a mining pool do miners actually divide the workload or does each miner submit their own answer to the Blockchain then the profits are divided WoolyPooly Alephium Mining & Profits. You can see the blocks in the blocks section to see what actually happens. They both can use the same motherboard. One example of a popular platform that scammers may misuse is Coinbase, a well-known cryptocurrency exchange and wallet provider. 05946 eth per week ($222). This reduces the number of days necessary to recoup the investment by about 200 days. Ephedrase • 2 yr. Say $200. ethermine payout is as low as 0. Scroll down to Transaction Action: and click, "Token Approvals After 2 days of mining on ethermine with 4gh, my eth yield was lower on both days compared to 2miners. Take note that this it's only an approximation of If its the same as most othe coin pools it will be. stream/ethereum. 5% accepted shares with the balance being stable. 05, that TX cost is more visible, and waiting a half year to get 0. I'm not doing it for any profit but for the network. To give you an idea of the profit being made here, the middlecoin pool was pulling in as many as 2 bitcoins per day (!) in December in profit. Good to stick with the huge pools if you're a low hashrate miner. 014 Eth per day, based on the calculations Reliable Mining Pool for higher profits. Been comparing Slush and ViaBtc pools for the las 30 days. NiceHash Calculator says I'll be making $. #1. Thanks for that. I’m a low income miner I used to mine around 0. Oct 28, 2023 · Best Monero Mining pools. With 30,000 plus I was thinking of Ethereum or Monero, but the minimum payouts in legit pools ( approx. 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. 1TH/s) because the 0% fees but that is ending today so I was thinking to maybe change pool with better stats and better profits. Most pools charge 1% pool fee. 1% Fee with PPLNS pool payout system. Mar 16, 2024 · Mining Pool Stats | List of known PoW mining pools with realtime pool hashrate distribution. For coin: just select ETH. Not worth it. For best results fill all fields with your hash rate and power consumption. The issue with dual mining Zilliqa is the exact same issue with dual mining in general, you really aren’t making more money than mining straight ETH it should be the same profit, your miner is just dedicated your GPU to a zilliqa pool for a short period of time every so often, the same way it dedicated your gpu to the dev wallet for a short amount of time for dev fee Basically a pool send "work" template to their connected worker, and they have to validate it and send their answer, an answer is a share. When you have 10TB of a 100TB Pool you get 10% of all rewards, less frequently. payout is paid per work . Click on the amount and the contract address is displayed at the top. 24 a day using Awesome Miner and Mining Pool Hub. Pools should let you payout when you want instead of holding your monero hostage to force you to continue mining. I got 6 blocks within a couple hours due to burst mining. Rewards are split amongst all miners mining a coin, based on their hashrate. Although payed exists (the reason why autocorrection didn't help you), it is only correct in: . They don't do ltc and doge merged but they have a ton of other scrypt coins that are all merge mined. Feel free to check out the monitor group for yourself. The data is provided by CoinSRC and is gathered through official coin sources. exe. free payouts and no fees if mining from hive pool for as many For the pools being compared, they have to be mining in the same time period with the same amount of hashing power thrown to each. 20p / $0. And a share is worth Nothing to a pool except a share that has a difficulty higher or equal to the network difficulty (when it is then they submit it to the blockchain with their node and they get rewarded for it) and they pay their minor for their good work. But then let’s take the Ezil. Figured I would share my results. I never even heard of this card. However, there are other alternatives that may yield higher profits! Learn more 👇 290 subscribers in the RadiantBlockchain community. How much more varies wildly, but the range is between 5-50%, usually close to 10-15%, depending on the coin and buy orders. **FYI, To Succeed mining on Asterpool,** **1. Pools estimate profits based on past values . 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. For the first 30 days, I will be testing Flexpool & Hiveon Pool as Hiveon pool was one that was being accused of skimming in the EDEN-related post. i get with a 3070 gigabyte gaming oc around $2. With its intuitive dashboard, you can see the miners and mining pool hash rate. Generally speaking, it also depends on which coins pools support (because even if they have the same algorithm, it doesn't mean that they mine the same coin(s)). I will post daily updates and screenshots of the mining process as well as databasing the information to a google spreadsheet. Just 1,5% fee: Offering consistently high rewards with a 1. one using nicehash 3% fee? the pool rig is making an extra 150. 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. 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. Founded I have been running HiveOS and mining from the Hiveon Pool. Directly from miningpools changelog on their site. I read 5 post a day about people trying to get money sent from other pools. Each card is running at 60-61 MH/s and I’m pulling $170-$200 every 4 or 5 days. *Please note that values are only estimates based on past performance - real values can be lower or higher. 5-5 USD (0. This means that technically everyone is solo mining but there is a complicated mechanism to ensure that everyone shares the block reward. It offers dual mining with a 10% profit. Sample change directory command: cd C:\xmrig-amd. And the 0. Do not join pools like 2miners which does not pay parallel assets. FTFY. When you look at the distribution of the best Ethereum mining pools you can see that the top five pools mine more than 80% of the Ether blocks. 05 every 1 week. . I'm just really unlucky but thats just how it is. Empyrion is a 3D open world, space survival adventure in which you can fly across space and land on planets. 4. 2miners especially is targeted by burst mining as it has the easiest setup and compatibility for nicehash in most cases. Every time I tested it, nicehash beat ethermine by 5%-10% even though on paper it shouldn't. Don't confuse it with transaction (aka tx or gas) fee to move eth around. 00003 btc daily and now I’m mining about 0. My payout was to the tune of about $5-8 less per day on ethermine after converting to btc (my wallet has no swap fee) and this is when btc and eth have held the same prices for comparison sake. Im about 98. Paying around 1. So after the merge, all GPU miners will be fighting to split the rewards from the remaining 5%. I also don't want the crypto to be very resource intensive/easily detectable so it triggers some warnings or overburdens the system, and I get banned / account gets deleted. So if I'm correct the only difference is how much buyers are willing to pay. All told, it will draw 50w less. Nicehash is fine for entry level and casual mining, but direct mining is more profitable and always will be. for example, 1 card mining wafflepool @ 500Kh/s and a 2nd card mining hashco. It's 0. 194K subscribers in the EtherMining community. Furthermore, the top three pools mine more than 50% of all blocks. Usually there is a start to mine page. Solo mining you get paid once several months unless you have 30+ 3080s. This happens since the Hashrate is not being reported correctly by Flexpool when mining a block. This seems lower than advertised rates by Hiveon Pool and other pools by about 25%. All other coins hand out $5 Million a day. For Pool: Go to your pools page. So the profits are actually good currently. Also, only certain packages are profitable if you purchase pool miners or workers on CT Pool and CT Farm. Please note that calculations are based on mean values, therefore your final results may vary. They host it, you pay for the energy costs monthly, which they say averages about $150-200. They seriously make it so effective and easy. 0001 daily which is a convenient £17-£20 a week :) I’m using a 3060 rig (6x). The intent of smart mining is to increase network security by allowing as many people as possible to let the smart miner on all the time. As far as miningpool profits after tracking hive pool for 4 months daily the difference in what they say and what actually you mine isn’t even close to there numbers. Then they request a third deposit for “reasons” Most people post on Reddit at this point. 9% mining fee. Its profitable sure, my ROI is in 78 years though. If you're wanting to get into emerging markets I recommend mining dutch. I have 430 MHash/s. Zilliqa has proven to be really great addition to ETC that I've been mining until Ethereum rolled out a disaster named PoS, and even after that Zilliqa's price/difficulty didn't change much, so I've been able to get some profit by setting my rigs to boot right before ZIL PoW window and turn off right after that. These pools are PPLNS and they pay differently - it depends also on the number of miners on the pool, pool's luck, and probably some other factors too. You will get the same on all pools except fees. Founded Reliable Mining Pool for higher profits. ETH hands out $95 Million a day to miners. Back then the it was like $620 worth. This puts it in the top 10 most profitable coins to mine, below Ethereum but in the mix with the others. 98 Dec 19, 2023 · Why choose EMCD. ws also @ 500Kh/s. it means your total expected reward is already at least 1/8 better than hpool (nft pooling gives 1/8 share in the block to the miner that actually win the block. Yes and no. So for example, if i had 500 USDT in my wallet, it would mine the equivalent of 10$ of ETH per day. 72). Converting cryptocurrencies on Bittrex costs 0. Right now at the time of filming, I am averaging about 32 - 38 Alephium a day or roughly $30 - $40 a day depending on the Fiat price of the currency. Change directory the location where you put XMRig-AMD/NVIDIA and mm. Things get even more complicated if you have auto-exchange in place and such things. If not use a pool. Take note that this it's only an approximation of I bought a 60 USD cloud mining plan. Using below table, you can check how profitable it is to mine selected altcoins in comparison to ethereum classic. 001 Eth txn for withdrawals, but lately they've been asking for 0. I’m incredibly glad I found this post, been mining on 2miners for the past couple days. 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. Founded Direct mining is still far more profitable than Nicehash, but if you only have a small mining rig, then there isn't anything wrong with using it. I am mining though compass mining with a miner in texas and indiana. It does not really matter. 8 USD, resulting in a 13. 7 top coins available: Mine BTC, DOGE, KAS, and other popular coins. The cost of the processor (x3d) is only $50 more. It seems like an awesome idea: mine a few coins, collect them in both pockets. The safest, most legit operation I've ever heard of is River Financial's mining program, which isn't exactly cloud mining but hosted mining instead. Open a Command Prompt window. 35 a day using one card. 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). I am currently making roughly 0. in my experience pool mining is more profits if you check whattomine A lot of Suprnova's pools don't have a fee, and the ones that do, charge 1% (not to mention you can mine into any pool you want, and find ones that don't charge fees). 50w on the wall for a laptop for extra 1. To choose the software start minerstat, click on Dashboard (the little screen with the lines) go to worker config and then look at this screenshot. for all my machines, 4. I don't expect profit, but it does add a trickle to the ROI for the total cost versus waste, of having paid for the CPU. For example, the oldest mining pool still in operation is SlushPool—they charge a pool fee Mining. The data from pools (F2Pool, Poolin, Ezil, HiveOn, NiceHash, Mining Pool Hub, zpool, Zergpool, and others) is gathered through the APIs that these pools provide. Centralization of Ethereum Pools. 290w on the wall, 16 cents / kw and I’m getting 14 KH/s, stock settings in BIOS. Then She told me about this Ethereum mining pool and that She already made profits with. Which would mean pools are better cause buyers want some profit too, yet somehow If you have 10% or more of the entire litecoin hashpower mine solo or create your own pool. Auto-switching A lot of miners are still mining in the conventional way, mining to a pool. com. If you are filing as an individual you have no cost basis for mined Bitcoin (it is ordinary income) that was mined in the taxable year. It’s easy to see. Be mindful of gas prices when you say you want a lower payout threshold. Daily payouts: Get a profit on a daily base. 003 txn on Eth withdrawals on top of their 0. Posted by u/rumu45 - 1 vote and 11 comments I know i need to get my mined coins off of braiinspool but not sure what to do about taxes. Any pool that supports parallel assets payment. The high transaction fees seen on the Ethereum network can be a nuisance even for network miners. 5 isn't super appealing. When the full pool, or the pool profit is the one paying out, people might choose the minimum threshold as they don't see the TX cost. and as mining is basically gambling it is technically impossible to estimate accurate earnings. This would suggest that the mining power is rather centralized. 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. With solo mining, you are only rewarded for blocks that you solve, so you may go a day or three (or more) without solving a single block, but be rewarded with 3 ETH once you solve it ( if you solve it). Copy the command below, paste it into the command window, and press enter: AMD command: Dual mining. )** * Asterpools Auto Geo locating Stratum Url is : pool. one using mining software 2% dev fee and pool 1% dev fee. Yeah go with Ethermine. 5% IIRC. 01 every two weeks. Sometimes I get back to my pc after days of mining just to see that I have not found a single share. Focus on ETH BTC BSV BCH. 1 is much too high. 65 USD was used. Spiderpool offers different discounts and promotions on its current rates. To read the Token Approvals, click "View on block explorer" (link at the bottom). P2Pool is the most popular pool as it is decentralized. Zilliqa mining pools question. 00011669 ETH in the last 2 hours ;the first 3 hours i let the miner send shares consistently to the pool so i could have a more accurate reading. ViaBTC offers multiple settlement methods and mining forms. It's profitable if you hold your btc and wait for the price to go up. I think it’s not worth investing at all. io/pool/kda. 13 USD worth of BTC per day. Dec 14, 2023 · Review the Pool Fees. Excavator specifically blocks use for mining on MPH so I made a workaround to enable that, so all miners were available for all pools. By forming Bitcoin mining pools or groups, miners can join forces, pool resources, and share profits equally. (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. Exchange rate of 1 BTC = 63993. 3% in txfee assuming a low-moderate 150 gwei gas price. Right now 95% of all GPU mining block rewards are from ETH. Just upgraded my Rig, and specifically went for a CPU that was good for Monero mining (5900x). r/litecoinmining. In the meantime, we will be working on That includes pool. Compare Raptoreum (RTM) coin, algorithm GhostRider, proof of work ( PoW ) mining pools, hashrate, difficulty, fees, mining hardware, miners, price, market 1 XMR is probably the default and you can just change it down to 0. It shows fake profits in a fake wallet of $1000. Mar 13, 2024 · A BTC mining pool has been a game-changer for the crypto industry, enabling miners to combine enormous computing power and hash rate to generate more significant returns. 53 votes, 24 comments. thanks for all answers. How it works is you buy an Asic miner they host, which costs between 10k-14k. Safe to say I’m not impressed after mining ETH for the best part of a year (only a single Posted by u/molitar - 3 votes and 7 comments 1 day ago · Defaults. WatfordHert. Most profitable mining Pool Hey guys, I saw a post yesterday talking about the crazypool and great profits. 13K subscribers in the kaspa community. Using nicehash vs pool. I don't know how true this calculator is though since my RTX 2070 is making around $. When your mining pool mines a block, you (the pool, then it splits the rewards to the miners) get rewarded a flat 2 ETH per block + the GAS used in the transactions included in the block. Pools & Block Explorer Oct 17, 2023 · 6) ViaBTC. 370 votes, 46 comments. Radiant is a big block code fork from Bitcoin, fair launched, proof of work SHA512/256 mined I mined to binance pool for a few hours today to see how things were now and this single 3080 was able to accumulate 0. Plug your wallet into your pool’s website and after about 20 minutes, you should see a hashrate to know you are connected and mining. 25% per trade, so overall you definitely will not be losing out on anywhere near 10%. Nowadays, the gas per block gives you between 2 and 6 ETH on top of the flat 2 ETH. The stats (all approximate as i know they will vary) show 0. I am with Flypool (1. Investors are often lured into mining pool scams through various deceptive tactics, exploiting their desire to earn profits in the cryptocurrency space. binance. Use Asterpools Auto Geo locating Stratum Url, (This url will automaticlly choose the fastest server according to your location. i was thinking of switching to Ethermine. •. https://miningpoolstats. 2 USD loss (assuming BTC stays at 24k USD price range). Someone posted mining pool profits down below which is another comparison site which basically echos the results here. Now it's your turn to suggest alternatives and why its the best pool, most decentralized, etc. She wanted a couple grand out of me. We’ve been watching it for a while and here’s the thing: even the +10% calculations on its calculator were less than ours on the CoinFly pool. Lose a few percent on self mined transactions, but pay no direct txfee. I can get 8 NVIDIA P104-100 8GBs for $432. 00849 eth per day ($32) and 0. If you’re mining on flexpool with a 0. ago. One pool JPScyber offered better returns than the other and so far been getting decent amount of coins. 24 already. Was introduced into this scam by a pretty asian lady, I was told I'd be able to withdraw all profits till the end of the crypto scheme, it didn't go as planned they asked for more money to withdraw my profits after I and my wife invested 980,000 USD into this scam. I've been mining Eth on Mining Pool Hub, and easily paid their 0. This is what your page should look like. Nicehash 2% fee + Excavator (their miner which gives me the highest hashrate anyways) 0% fee. Doesn't worth. P2Pool. Either way imo 0. Ideally profit should be compared over the course of a week or more so we're not just comparing pool's luck. Miners lose 1% in profits if the pool goes offline for just 13 minutes a day, so if a 1% increase in fees could increase uptime by 13 minutes, it would be worth it. 5% commission. two identical 6 gpu rigs. Look at the solo pools. There is the issue of fees but that's fine, you should just pay the fee for withdrawing. nk rq li za fq op ou xb ys gj
July 31, 2018