Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SITE][CRYPTO-COINZ.NET] Monitor your Coinz in real time!
by
BHTeam
on 22/03/2018, 16:16:51 UTC
OK, people. This is the last post in this topic. We are locking the forum for now. The Crypto-coinz.net team will focus on the support of the listed coinz and the addition of new profitable coins for mining.

Now lets make few things clear.

Any mining calculator out there gives only an estimate of potential earnings. No one can predict the future - yet. There are multiple factors that affect the results from 24 hours of mining like - what cards did you get from the silicon lottery and are you achieving the same hash rates as on our site, each graphics card has a luck of finding solutions  - meaning that even as your card hash with 2000Hash/s that does not mean they find a solution that the pool will accept and that means you can hash for 10 minutes and find only 5 solutions on a 1080Ti, while your other 1070 can find more solutions for those 10 minutes. It is a factor of luck. Then there is the pool at which you mine. The luck factor is in play here again as the pool can find blocks slower compared to bigger pools, even as this will even out in some time in the future.
When you put the all those factors together you can have very different results from what any calculator shows you, especially with new coins that have still new and unstable networks and which usually the big farms tend to do hash attacks on.

The idea behind our calculator from the start was and still is to show you what is the most profitable to mine at the moment so you could do most profit. So we don't mean out the data like every other site does. We show the data as it is, that is why we have nodes from all coins on our site, we don't rely on external data sources for our calculations. If you are after the profit of mining you will always have to do more research the to input the numbers of your cards in a calculator. The most a miner can do profit wise, is always from new coins that are just starting and try to hit the sweet spot before everybody starts mining the coin. And - Yes - new coins some time means there is low volume or only few orders on the exchanges, still it is the current sweet spot for mining. So the calculator gives you what most farms already have - an interface based on which you know how to change your mining behavior.

Of course there is the the view of WaverRiderx - "these are junk coins and if you play fast you will loose" - well, first of all I don't think we are adding junk coins. Actually I think most of the coins will survive until the next crypto expansion. And if your argument is "How can a coin called "Citrus" not be a shit coin" - just look at Doge and Mona and smile as they are smiling at you.

Of course there is always going to be things to improve on the site to give you even better view on the current crypto mining landscape and where is the profits at the moment, and we will continue to improve our automation mechanisms. Every one wants a different view from the site as every one have a different idea and mining strategy. Some people have bought in to the mining thing and just want to start a miner leave it to mine and go live their lives, checking on it every few days and getting the profits out of it. Well here is a free advice from some one that tried almost everything in mining - if there is no pain there is no gain. You will never be successful if you just want to start a miner for a specific coin and forget about it and in 1 year buy the Lambo of it. Sorry that Santa is not real any more. Only way for now is to use some mining intelligence for your operation and this is what our site gives you (for FREE). Data, based on which, you can make the best educated decision where to put your equipment to work.

Thank you all for participating in our post here. Unfortunately there is too much FUD and newbie accounts that post in this topic just because they want to reach a higher profile level and just need to post something.

Crypto-CoinZ will continue to provide you the best to mine coins and we will stick to our principles of providing accurate information for mining profits for the present moment, as there is nothing else then the present.