Post
Topic
Board Pools (Altcoins)
Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com
by
MinorError
on 27/03/2014, 15:34:10 UTC
Looking at the stats from Poolpicker

http://poolpicker.eu/

It appears profitability for Clever and their colleagues have gone down by half from the end of Feb to the end of March. Can we expect the same decrease by the end of April from where we're at now?

So around the end of February profits were pretty steady at .01/Mhash, now they're steady at around .005/Mhash....so by the end of April are we looking at .0025?

Not picking on Terk here, all the pools have had the same decrease, but just curios.
I'm not sure. By some rough math, around 0.003 BTC/Mhash/day is when a lot of people will stop breaking even on electricity costs when running GPUs and electricity higher than 0.15c/kWH. I think we will see a lot of hash power drop around the barrier which should stabilize it for a bit. I'm just guessing though.

Guessing is all we can really do at this point...yea I figured anything under .003 isn't worth it...and that's assuming that bitcoin prices stay above USD 550 ish.....which isn't looking to good. It's dropped down below $520 at some points today.

But yea, I totally would like to hear what Terk or some people more knowledgeable than myself think about the sustainability of profits in the pool.