Fellow miners,
if you would be interested in sharing your collective hash rate along w/ specified coin, I was hoping to maybe get a stronger gauge on the growing difficulty over time with the different coins everyone is mining..
A lot of talk in the recent weeks about declining ROI and growing difficulty but I have yet to see the effects on my mining rate..
Currently using Dwarfpool:
I'm operating at ~550mh/s directed all towards ETH.
24 hour return; consistently around .23-.24
USD 24 Hour return: ~60.00
Receiving .5 payouts every ~4 days
will update weekly for the next month.
Any and all shares of difficulty/mining rate statistics greatly appreciated
Hi mate,
The difficulty bomb will inevitably kill profitability at some point. As it gets more difficult, you will mine less ETH/day, but, if the ETH price continues to grow, profitability in FIAT will grow with it. So at some point you'll be making 0.10ETHs a day, but if 1ETH is worth 600USD by then, you'll still get the same profitability. I've seen my daily ETH fall very fast, even with 800mh/s. I'd be at 0.35ETHs a day currently, it was 0.5 not 2 weeks ago.
The second thing that will likely kill your ROI though, is the upcoming epoch. I don't know what you're mining with, but if you have 4GB cards, you will soon see a quite drastic fall of your hashrate. Afaik, there is no workaround for this except having cards with larger memory.