Post
Topic
Board Mining (Altcoins)
Re: [Awesome Miner]- Powerful Windows GUI to manage and monitor up to 5000 miners
by
patrike
on 09/12/2017, 07:46:34 UTC
Hello, I'm very brand new to the world of mining and even newer to awesome miner. I've moved here from the sad burning pile of ashes that is Nicehash =(

I've managed to figure out how to mine ETN from easyhash.io and its going decently but I'd like to learn more! I didn't configure anything and just put in the necessary info and just let it run. Are there any guides/tricks to tweak it a bit to run more efficiently/better? (not exactly sure if this is the best or something else would be more profitable?)

Also I managed to learn the managed miner thing but wasn't sure of the managed profit miner aspect of it. Basically it switches between different pools right? I don't know why it wouldn't work. Do I need to set some stuff up first (wallets, sign up to something?, verify some stuff?)?

Thanks guys!
First of all, Welcome!

Nice that you have a setup running. The Managed Profit Miner will automatically change mining software, algorithm and pool based on what is currently most profitable. You will find it described in more detail here:
http://www.awesomeminer.com/help/profitswitching.aspx.

Although you can use your own pools in the profit switcher, many people simply enter their Bitcoin address for some of the built-in pools and no additional configuration is required. Please keep in mind that Awesome Miner itself is not a mining pool and that all payouts will be from the pools you enable for the profit switcher.

One more question though. I was mining ETN and it calculated total per day at around 10 dollars. Its been running for about 18 hours and its only about 4 dollars without much fluctuation of the price of ETN. Is that normal?


The ETN calculators grossly over estimate profit, especially depending on what pool you are on.  The only pools I have found that pay close to calculated are Suprnova, HashVault, and Nanopool.   This over estimation is why WhatToMine recently took ETN off their site for a few days and have since applied a "bad luck" factor ("bad luck" is another name for poorly run pools or scam pools).



I noticed the inaccurate ETN calculations too. I changed ETN profitability to 0.67, and now it matched WTM a lot closer.
There is no automatic way for Awesome Miner to know about the "bad luck". Manually changing it like you did is probably the best solution.

The API information from WhatToMine do include some "poolfee" property, but isn't represented as a percentage that Awesome Miner automatically can use for calculations.