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Topic: Awesome Miner Profit switch threshold "sweet spot" (Read 444 times)

sr. member
Activity: 434
Merit: 251
You might want to post in the awesome miner thread. I have posted my results there.

Sorry to sound like newbie, but where is the awesome miner thread? Can you post a link please?

https://bitcointalksearch.org/topic/awesome-miner-powerful-windows-gui-to-manage-and-monitor-up-to-200000-miners-676942
newbie
Activity: 6
Merit: 0
profit switching is pretty useless unless you are live converting each coin the second you mine it. Picking a single coin and mining it while holding the coins is always waaaaay more profitable.

That is actually not correct.  The difficulty is the "cost" for miners.  Not necessarily the sale price the second you are mining.  So if the difficulty drops, it would definitely be better to switch.  So the question is, in Awesome Miner, can you set the difficulty to be the trigger and not the price?
newbie
Activity: 7
Merit: 0
You might want to post in the awesome miner thread. I have posted my results there.

Sorry to sound like newbie, but where is the awesome miner thread? Can you post a link please?
newbie
Activity: 7
Merit: 0
Thanks for the replies. Well I'm currently mining on MPH where I auto-exchange to either BTC or LTC since I'm GPU mining, and HODL ETH and ZEC when they're the most profitable coins to mine (according to MPH Coin Mining Profit Switching). I understand what your saying @fanatic26, when I first started out I was mining ZEC only on Suprnova.cc and it seemed more consistent between transactions, i.e. no time waiting for auto-exchange to go through. Although I do like being able to be paid in coins I can't necessarily mine with my current rigs (algo's like SHA-256 / scrypt etc).
hero member
Activity: 756
Merit: 560
profit switching is pretty useless unless you are live converting each coin the second you mine it. Picking a single coin and mining it while holding the coins is always waaaaay more profitable.
sr. member
Activity: 434
Merit: 251
You might want to post in the awesome miner thread. I have posted my results there.
newbie
Activity: 7
Merit: 0
So I found a post here: https://www.reddit.com/r/gpumining/comments/7ixtrv/awesome_miner_profit_switching_seems_arbitrary/ that seems to validate Goose-Tech's reasoning with slightly higher values for both Switching interval (60) and threshold (20%) recommended. The comment is also made: "I don't care about penny gains. You also have to watch difficulty changes. If everyone jumps to a new coin. The coin you are mining might get easier." Will try using these new values and report my findings.  Cool

newbie
Activity: 7
Merit: 0
First time posting, just curious to know what (%) amount is the "sweet spot" for Profit switching threshold in Awesome Miner general settings?

Thanks to watching Goose-Tech https://www.youtube.com/channel/UCv7Rsd8A6cW_kInX2fkDevA videos on different methods of mining with Awesome Miner and Mining Pool Hub, I've seen higher profits already configuring my rigs to switch algorithms.

However in his video here:
 https://www.youtube.com/watch?v=jYXuxvj4xdI at around 31 mins he explains that he sets the Switching interval to 3 minutes, and a threshold amount of 15%. He goes on to say he does this because he found that the lower the threshold was, or if no threshold was set at all, it would constantly switch resulting in spending more time switching between different mining software than actually doing any kind of mining.

Has anyone else experimented with this setting, or have any recommendations? Thanks in advance. Wink
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