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Topic
Board Service Announcements
Re: [ANN] NiceHash.com - innovative professional cryptocurrency cloud mining service
by
Humancell
on 18/05/2014, 17:32:22 UTC
Is there any info for profitability between scrypt, scrypt-n and x11?

Here is what you have to consider:

1. You need to "baseline" your hashrates on your cards, mining each different Algorithm.
2. Using these baselines (e.g. Scrypt: 3.2MH/sec, X11: 9.2MH/sec, etc.) you then need to calculate against the numbers on the home page.
3. For example:
  - Scrypt: 3.2 MH/sec = 0.0032 GH/sec * 3.2698 BTC/GH/Day = 0.0104 BTC/Day
  - X11: 9.2 MH/sec = 0.0092 GH/sec * 2.3073  BTC/GH/Day = 0.0212 BTC/Day

So at the moment, mining X11 is far more profitable ...

This is why I want the JSON API to retrieve the values and automate the calculations throughout the day.  Then I need to control and relaunch my miner - pretty easy to do - altering the conf file to switch Algorithms based on these calculations.