Quote from: santanafpsj on July 31, 2017, 02:42:07 PM

Quote from: Daywalker22 on July 31, 2017, 02:21:07 PM

Quote from: KaydenC on July 30, 2017, 12:32:27 AM

Quote from: Daywalker22 on July 29, 2017, 08:56:16 AM

Hey, i'm not long into the mining business and i have some questions.

I finished my first mining rig with 6x Gtx1080ti 11GB and now i ask myselft, what is the best way to mine.

I found Nicehash, and i really like it that they pay you out directly in BTC.
When you mining directly in a pool for just one currency, for example ETH or Zcash, you have to check the market prices every day and you need to exchange them with fees and a lot of work.
So why not everyone is using nicehash? Do you earn much more money when you mine directly?
And are you switching between the coins manually?
Thanks

A few downsides.

- Like you mention, you make less. Nicehash takes a cut for being the middleman.
- I am not 100% sure if nicehash uses the latest, most optimized miner, so another few % slower because of slower miner.
- You can't tweak GPUs to optimal settings, since each algo need different core and mem for best performance and best hash/watt ratio. Using a stable setting for all coins means poor optimization, another 2-5% loss.
- Nicehash may not support the most profitable coins.

In short yes, we earn more by mining ourselves. Sometimes ALOT more, usually 5-10% more.

How you decide what coin you mine directly?
And do you hold the coins or exchange them into btc?

About the holding, this is the 1Million question, we are looking everyday the market and exchanges, the best option for you will be the coin who gives more profit, couple of days ago I was on Signatum (SIGT), but It's not so good right now because of the low price on market, so I came back to Digibute (DGB).

The best option to explore a lot of coins and dont do the math is Nemominer, the main ALGO will calculate the most profitable coin (Its wrong sometimes) and autoconvert to BTC to deposit on your BTC wallet at some point.

Everytime keep the math close to your RIG, bcs all the time the market is changing and we cant follow all the coins. (unless you have some superpowers)

GODSPEED

With 150 mhs( 1*1070 and 2*1060 ), I mine only 80 DIGIBYTE per day on suprnova, so : 80 * $0.016200 at this moment = 1.29 dollar / day lol
It's very bad, compared to anything !

What about you ?