Post
Topic
Board Mining (Altcoins)
Re: NEMOSMINER multi algo profit switching NVIDIA miner
by
JaredKaragen
on 28/06/2017, 19:37:59 UTC
Thanks for program, but i have some newbie question.
I used to mine with Nicehash and my profit was about 0.0044 (2 x 1080 TI) and now I'm mining with Nemos-miner, but for some weird reason profit on zpool site is lower than that, because it is 0.0039 BTC.
To be honest it's really strange, because according to benchmark profit should be at least 0.005-0.006 BTC per day.

Is it something wrong with zpool site?
Cheers.

The profitability of mining goes down every day as difficultly increases, you should expect to make less money with each passing week.

The only fair way to compare services would be too mine on each with identical hardware during the same time frame.  Most altcoins are ridiculously volatile and it's hard to account for that when comparing nicehash one week and zpool/mininpoolhub the other.

I'll also add that with nemosminer the only factors in deciding which coin to mine are the current price relative to btc and your hashrate.   hashrate is constant, but as i mentioned above, price is very volatile.  The time it takes to mine a block, wait for it to mature, and exchange for btc can take long enough that the price may have plummeted in the meantime (or if you're lucky skyrocketed).  So predicted income is exactly that, predicted.

Yeah I know that. I took the value 0.0044 from past 24 hours (https://www.nicehash.com/?p=calc), but I guess that is not the case.
Of course I'm not saying that Nemosminer is bad or something, because I really like idea of this tool and author of this program did amazing work. I'm just saying that my profit is way lower than benchmark in this program. I know it may be hard to hit the values from benchmark, but my values are way lower. Personaly i think difference is too big.
And I don't know where is the problem, because program is working constantly without crashes, my hashes looks good...
Here is what my Last 24 Hours Balance looks like, just for reference:



remember: the benchmark is based on yeaterday's news in a sense.

And if yesterday was declining;  you can only logically expect today to decline as well, so never ever ever expect to hit your expected return.

Instead;  expect to get a gauge on how things went between algos 24 hours ago, and take a chance it will stay ok or do better the next day.

Rely on nothing past that when it comes to calculating profitability.




For everyone;  if you are going to run a test to compare;  split hashrate between two sources and run the identical hashrates on both sides for the same exact period of time; and you will get the closest answer you can get to a real world figure.  Now; the variation between the two will also be swayed a greater amount than normal by "luck", which will be less and less perceivable when the pool's hashrate is larger....