Post
Topic
Board Pools
Re: [450 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
by
J_Dubbs
on 04/01/2014, 06:30:16 UTC
Question - I am relatively new to this all, and I have been mining only with Slush's pool since the beginning of September. I started with a GPU miner at first, then I added 9 ASIC block errupters, and then about a month ago I added a 10g blade. My MHash/s rates are as follows:
GPU = 615 Mhash/s
9 Block Erruptors = 3,050 Mhash/sec
1 Blade = 10,331 Mhash/s

I notice at first I seem to get a decent payout, but it decreases over time. I recently switched to a Raspberry Pi unit to cut down on the power consumption (powered by one of the hubs) and I noticed I am now averaging around 0.00058202 as a Payout for each round, where as for a while I was at about 0.00100000. Is the difference the amount of people/devices mining the same pool or is something else going on? Should I expect it to drop down much more? Or is it just always going to get lower and I just need to keep adding?

Sorry if this is not the right place for this kind of questions

Payout reduces about 50% per month   http://mining.thegenesisblock.com/
If that's the case, then your basically saying someone with say 1Th (or any hash be it higher or lower) after a good long while will earn 0 which is not true, since everyone, regardless of the pool your in and regardless of your hash rate still earns something.

Also, not to point out the obvious, but wanted to add the profit forecasts on genesis block do a full year outlook but only in terms of present value, which really doesn't seem (even slightly) applicable given the volatility of BTC.