Re: First time miner/fact finding

Don't do it man! You will lose your money! This month NVIDIA and AMD are going to release a mining only gpu. This will be the equivalent of ASIC miner - this will kill mining as one of these cards will mine as much as 8 of normal cards so think before you dive in. This happened back in 2014 now it will have once more.

http://cryptomining-blog.com/8784-seems-like-nvidia-is-making-a-video-card-especially-for-mining/

Did you even read the article?

"The information that we are seeing about the GP106-100 mining GPUs mentions some numbers regarding mining performance, the following numbers are for 8x of these GPUs: 200 MHS for ETH, 2500 Sol/s for ZEC, 4400 H/s for XMR."

"

Let's say that a Bitcoin block took 4 hours to solve...that's a long block, but hey. Your started mining halfway through the block and stopped mining in the third hour of the block.

Being paid by the shift means that every 20 minutes or so the work percentages were calculated, being paid by the block is very different. By the shift, you mined for 2 hours and will be credited for the shifts that you contributed to, the other method means that your earned coins start to drop immediately when you stop mining.