Quote from: philipma1957 on July 30, 2014, 02:24:38 PM

Quote from: id10tothe9 on July 30, 2014, 02:20:42 PM

Quote from: jpchrist on July 30, 2014, 02:03:47 PM

Quote from: id10tothe9 on July 30, 2014, 11:32:07 AM

since there are so many miners here and I want to buy ANTMINER S3 I'll post my question here. Is there a chart of multipool mining profitability in fiat over a long period of time (6-12months)? If not maybe you can tell me from your experience..

I want to know whether the current $1.6/100GH/day is somewhat stable and can be expected to stay that way the coming 6 months.
(I'm a newbie regarding mining, so with this miner I can use it for multipools right? Grin

)

I'd take some serious time learning more about bitcoin before you invest a cent. The difficulty changes after every 2016 blocks. Here is a list of the historical increases.

https://bitcoinwisdom.com/bitcoin/difficulty

In the last 6 months it has gone from ~3 million to ~19 million. SO NO WAY you will be making anything close to $1.6/100GH/day in 6 months.

thanks! I know about bitcoin difficulty and got burned already Grin

I'm asking about the other coins since multipools mine the most profitable, which ever coin it happens to be. But there is no "profitability" chart of multipools over such a period of time.

clock

www.nicehash.com

you can study them and may be able to figure out if they are better for you then straight btc.

Nicehash was very profitable earlier, now it is also settling down as more people entering into the pool.
If newer coins are launched hutting at nicehash will give a killing profit as before.
A consistent supply of new sha256 alt coins or a lot of other active altcoins are required to mine on a profitable multipool.
But these was one SHA256 coin a couple of days ago, which was a way more profitable than BTC.
I don't wish to name it here. It was some W***coin. Inshort, practically, BTC is the most profitable at this time.