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Topic: Awesome Miner Payouts VS Estimated Daily Revenue (Read 154 times)

newbie
Activity: 21
Merit: 0
February 14, 2018, 11:13:53 AM
#4
Quote from: trofo
Good idea but in my opinion you will not get reliable results. From what I understood your method is not accounting for changing difficulty during the weeks. This one is tough to bypass, since you should be doing tests at the same time which isn't possible if you don't have 3 identical rigs (for your test case). Maybe this could be approximated with some mathematics and difficulty charts.

I agree that this is a concern, however what I'm going to be doing is taking AM's daily profit estimates every day and comparing that to the actual daily profits, so as the difficulty changes AM updates the estimates automatically.    Good thinking though, I hadn't considered difficulty but thankfully AM updates those estimates based on info from coinwarz and whattomine automatically
legendary
Activity: 2506
Merit: 2574
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Good idea but in my opinion you will not get reliable results. From what I understood your method is not accounting for changing difficulty during the weeks. This one is tough to bypass, since you should be doing tests at the same time which isn't possible if you don't have 3 identical rigs (for your test case). Maybe this could be approximated with some mathematics and difficulty charts.
newbie
Activity: 21
Merit: 0
Week 1

Test Variables:
  • Software: Awesome Miner & DSTM
  • Algo: Equihash
  • Pool: Mining Pool Hub
  • Pool Fees: 2.57%  (0.9% Pool Fee + 0.0001 Withdraw Fee [1.67%] )
  • Mining Method: Single Currency Mining, No profit switching
  • Currencies: ETH on AMD cards & ZEC on Nvidia cards
  • Cash out Method: Autoconvert all to ZEC, Transfer to Exchange every 0.06 ZEC
Results:
  • AM Profit Estimates: $45-$50 / day on average
  • Exchange Deposits: $35.33 / day on average
  • Mining Pool Fees: $0.91
  • Actual vs Estimate Difference: 19.5%
https://i.imgur.com/kcCfu9k.jpg


Week 2
1 new 1080ti + 2 RX 570 4GB GPU's added to the mine
ZCL also shot through the roof which is going to drive the AM daily estimates up

Test Variables:
  • Software: Awesome Miner & DSTM
  • Algo: Equihash + Ethash
  • Pool: Mining Pool Hub
  • Pool Fees: 2.57%  (0.9% Pool Fee + 0.0001 Withdraw Fee [1.67%] + 0.2% Auto-Exchange Fee)
  • Mining Method: Mining Pool Hub Profit Switching - Single Algo
  • Profit Switching Settings: Whatever MPH chooses
  • Currencies: ETH/ETC/EXP/MUS on AMD cards & ZCL/ZEC/BTG/ZEN on Nvidia
  • Cash out Method: Autoconvert all to ZEC, Transfer to Exchange every 0.06 ZEC
newbie
Activity: 21
Merit: 0
I know this is a topic that has come up before in the past and I have researched it heavily.  I understand how the auto-exchange works as well as the delay required to trade into your desired currency.

This month I will be performing some tests to confirm the actual payout rates over 2 week periods and I wanted to make a post to document the results but also ask others if they have similar data they can share.   

  • Week 1-2 will be done with AM mining a single currency (ZEC) and not auto-converting anything.
  • Weeks 3-4 will be done with AM doing profit switching within Equihash only on the Nvidia cards and sticking with ETH on the AMD cards, auto converting to ZEC.
  • Weeks 5-6 will be done with AM doing profit switching with Equihash, Skein, Lyra2RE, Lyra2REv2, Lyra2z and Neoscript, auto converting to ZEC
 

I will auto-transfer ZEC to a wallet at set amounts and track the date, amount, exchange rate and value of each transfer.  In between tests I'll likely set the miners to mine smaller alt coins so that MPH can finish exchanging all of the outstanding coins, essentially flushing the system to ensure that the next test does get some residual revenue from the previous one.

I have to assume that I am not the first person to think of this and perform such a test so I'd be keen to see any spreadsheets that anyone has prepared for this already as I really want to see how different the actual returns are vs what AM estimates in it's daily totals.  Once I have this information I'll likely install nicehash and betterhash and see how the payouts compare there to what they estimate and to what AM's payouts actually are.


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