pretty good equipment doesnt cut it. shuld i try for the s5 miner ? Also can some 1 tellme how pool mining works and hows daily ROI for it ?
Each pool is different. one of the highest payout pools right now is bitcoin affiliate network. ti is a PPS pool and he makes on time payments that you schedule. Mine is set to get a withdraw every 2 hours. Each pool is very different, most of your pools are PPLNS I do not kike those pools. and each pool calculates their PPLNS differently so your payout will be different for each pool.
Equipment has to be researched, a 40NM machine is going to cost more in electric than a 28NM machine. The s5 is not that bad, 590 watts for 1100 GHS is not that bad, you should be ok to make an ok profit there. I do not own an S5 My machines are Dragon miners and zeus miners. But i am looking to sell all of my dragons and get the S4s to replace them.
Becasue they are more efficient than the dragons as far as electric usage. Because we are adding solar to our mining farm it means less money I have to spend. altho the electricity will be free after the install and solar is paid for, the amount of electricity I have to use makes a difference in my costs for solar. the more electric I use the more batteries and panels I have to purchase. So I also have to worry about my electric consumption.In 2012 it didn't matter if the solar panels were west-facing surrounded on three sides by trees affecting their output. Leroy Fodor was happy getting whatever electricity he could out of them to offset the 18 hours of brownouts.
Fast forward three years, then all of a sudden he's concerned about squeezing out every satoshi via a properly running bitcoin mining farm.
We still didn't see any batteries and panels in the fire's aftermath because Leroy said the camera used to photograph such was lost in the fire.