Post
Topic
Board Beginners & Help
Topic OP
Mining Pool BS
by
Gobc
on 08/01/2014, 06:24:19 UTC
Hi All,

I have a question regarding mining pools and their payout schemes.

I've started mining litecoins about a month ago, and signed on to a mining pool. Before doing this I checked to see what my expected payout would be through a typical mining calculator and am pleased to say that the coins earned through this pool was typical to what the calculator predicted.

However, I have now begun to mine altcoins and sell them on exchanges. However I'm finding virtually every mining pool I sign up for, my earnings are about 1/10th of what a calculator should predict. Because of this, I generally mine altcoins that I can solomine.

Can anyone offer an explanation for this?