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RE: Miningpoolhub.com - Check The Miner Live

in #cfminer6 years ago

How much difference does it make for a small mining rig and how do they finance the reward?

Whenever I see such a distortion of the price feed, I am tempted to ignore it because it takes away the transparency and it always begs the question of the business model (-> see Bitconnect).

Bottom line: If you can't figure out the details and how exactly to find the optimal setting, then ignore these offers. They are usually there to cost you money and not bring you any.

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Erm? These are not offers, these are normal multipools and you can see quite well whats happening :) maybe you were reffering to zpool, which is kinda shady?

Thanks for explanation :)

What I was wondering is: If you ignore that duration reward and just stick to what is the most profitable by market price, how many percentage of profit do you lose?

Very hard to tell, so many variables. Maybe something like 10%? But the most profitable coin may stay most profitable for long duration also.

I assume, you can compensate for that price distortion.

The plan is to mine for at least 2 days and see the profit. I'm also considering sticking to one coin (ZClassic) that is on top of profitability since few weeks now.

But at the end of the day NiceHash seems to be most transparent and gives most profit (for now). Only the fees...

Lately NiceHash lowered fees for internal wallet so its most profitable despite fees - for now at least. The only problem is that I have to withdraw manually and I want the system to be fully automated.

Yeah, I will probably withdraw once per few days.