dif last year was 2m, right now is 6m, 3m to 6m took just 2 months and it has not grown more because of the scarcity of gpus and those insane prices. I would be very careful buying gpus right now at these insane prices, now it says 271 days to get your money back with a 3060ti, everything will go to hehell much earlier than those 270 days, plus dif will only increase, those 270 days will become 1270 days very soon eheh
https://whattomine.com/coins/151-eth-ethash?hr=62.0&p=130.0&fee=3.0&cost=0.1&hcost=1200&commit=Calculate
ETH price will only increase if btc price increases too and even if btc price increases then is going to hehell as soon as we know that will be that last bulltrap before a huge crash.
Topic: Difficulty/duration/payout (Read 112 times)
So while I am fairly new to this mining. My inexperience doesn't allow me to judge properly if I have a problem or not.
Let me attempt to explain.
I have 2 small rigs in different locations 1 has a 2080 super and a 1060. the other has a xfx580 and a vega 64.
The first one is using Claymore's (still seems to work fine) eth miner Average hashrate across those two cards is 55.5 MH very stable
The second one is using Phoenix miner and the average hashrate across those two cards is 60. less stable the XFX 580 is a problem card.
The average hashrate across all cards is 115MH.
On to my possible perceived problem.
I am mining on nanopool. I have set my payout to .05 ETH Last month and the month prior I was getting a payout every 5-6 days. I am aware that the ETH difficulty goes up. This month my payout duration moved from 6 days to 7,8 and now its 10 possibly 11 days in the space of less then a month. Pretty sure the difficulty doesn't go up that fast.
Whats going on and how do I start tracking down this problem if there is a problem.
the difficulty gain around 20% from a month ago, and the reward decreased to much because, these day not much eth fee rewards the miner, compared a month ago, so this basically normal, same as happening on my rigs Let me attempt to explain.
I have 2 small rigs in different locations 1 has a 2080 super and a 1060. the other has a xfx580 and a vega 64.
The first one is using Claymore's (still seems to work fine) eth miner Average hashrate across those two cards is 55.5 MH very stable
The second one is using Phoenix miner and the average hashrate across those two cards is 60. less stable the XFX 580 is a problem card.
The average hashrate across all cards is 115MH.
On to my possible perceived problem.
I am mining on nanopool. I have set my payout to .05 ETH Last month and the month prior I was getting a payout every 5-6 days. I am aware that the ETH difficulty goes up. This month my payout duration moved from 6 days to 7,8 and now its 10 possibly 11 days in the space of less then a month. Pretty sure the difficulty doesn't go up that fast.
Whats going on and how do I start tracking down this problem if there is a problem.
Claymores on startup says its on Epoc 403 and allocating 4.16 gig for up to Epoc 405, doesn't seem to care and chugs along. And that is version 15
So from what I gather here is the reason the duration is increasing isn't so much the difficulty but, its due to network congestion lightening up and those fees being reduced due to less demand?
So from what I gather here is the reason the duration is increasing isn't so much the difficulty but, its due to network congestion lightening up and those fees being reduced due to less demand?
So while I am fairly new to this mining. My inexperience doesn't allow me to judge properly if I have a problem or not.
Let me attempt to explain.
I have 2 small rigs in different locations 1 has a 2080 super and a 1060. the other has a xfx580 and a vega 64.
The first one is using Claymore's (still seems to work fine) eth miner Average hashrate across those two cards is 55.5 MH very stable
The second one is using Phoenix miner and the average hashrate across those two cards is 60. less stable the XFX 580 is a problem card.
The average hashrate across all cards is 115MH.
On to my possible perceived problem.
I am mining on nanopool. I have set my payout to .05 ETH Last month and the month prior I was getting a payout every 5-6 days. I am aware that the ETH difficulty goes up. This month my payout duration moved from 6 days to 7,8 and now its 10 possibly 11 days in the space of less then a month. Pretty sure the difficulty doesn't go up that fast.
Whats going on and how do I start tracking down this problem if there is a problem.
Let me attempt to explain.
I have 2 small rigs in different locations 1 has a 2080 super and a 1060. the other has a xfx580 and a vega 64.
The first one is using Claymore's (still seems to work fine) eth miner Average hashrate across those two cards is 55.5 MH very stable
The second one is using Phoenix miner and the average hashrate across those two cards is 60. less stable the XFX 580 is a problem card.
The average hashrate across all cards is 115MH.
On to my possible perceived problem.
I am mining on nanopool. I have set my payout to .05 ETH Last month and the month prior I was getting a payout every 5-6 days. I am aware that the ETH difficulty goes up. This month my payout duration moved from 6 days to 7,8 and now its 10 possibly 11 days in the space of less then a month. Pretty sure the difficulty doesn't go up that fast.
Whats going on and how do I start tracking down this problem if there is a problem.
Claymore's
https://bitcointalksearch.org/topic/claymores-dual-ethereum-amdnvidia-gpu-miner-v150-windowslinux-1433925
v15.0 supports up to #384 epoch (4GB DAG size).
When there are big commissions on the network, then you get a big payout.
Today my statistics is 0.0054 ETH per day from 100 megahash hashrate.
This data changes every day.
Look at your statistics and compare with my data
Yes I understand the difficulty has gone up. February 18th shows 5000 TH. Today it's 5,800 TH. That's less than 20%. That should translate into approximately one day from five or six days to 6 or 7 days. Not 10 and 11 that seems a bit high. This is where I think I have a problem.
This post was done from my cell phone and voice to text it may not come out well.
This post was done from my cell phone and voice to text it may not come out well.
Just like Vann said, its not the difficulty, it that in the past there were periods of high transaction fees which you got a part of. There were times when the total miner reward from transaction fees was more than double the block reward.
So at certain times you were getting paid 3x as much. Now that the NFT and DeFI craze has died off the fees have levelled off and hence why you are making less profit. The difficulty is only part of the reason your profits are lower. The rest is how much the network is conjested.
It's not a problem it's just how things are with mining most especially when we are in their most profitable seasons, many will buy cards at ridiculous price just to join the train and yea difficultly will keep rising, there is absolute nothing that can be done here
Yes I understand the difficulty has gone up. February 18th shows 5000 TH. Today it's 5,800 TH. That's less than 20%. That should translate into approximately one day from five or six days to 6 or 7 days. Not 10 and 11 that seems a bit high. This is where I think I have a problem.
This post was done from my cell phone and voice to text it may not come out well.
This post was done from my cell phone and voice to text it may not come out well.
ETH difficulty has gone parabolic since mid 2020. That's why it takes much longer to mine the same amount of ETH.
https://etherscan.io/chart/difficulty
The only thing proping up miner rewards are the transaction fees which have also grown exponential.
https://etherscan.io/chart/transactionfee
The next ETH fork scheduled for April will start burning the fees instead of rewarding them to miners. Hopefully the price will make up, otherwise it's going to get rough for miners.
https://etherscan.io/chart/difficulty
The only thing proping up miner rewards are the transaction fees which have also grown exponential.
https://etherscan.io/chart/transactionfee
The next ETH fork scheduled for April will start burning the fees instead of rewarding them to miners. Hopefully the price will make up, otherwise it's going to get rough for miners.
So while I am fairly new to this mining. My inexperience doesn't allow me to judge properly if I have a problem or not.
Let me attempt to explain.
I have 2 small rigs in different locations 1 has a 2080 super and a 1060. the other has a xfx580 and a vega 64.
The first one is using Claymore's (still seems to work fine) eth miner Average hashrate across those two cards is 55.5 MH very stable
The second one is using Phoenix miner and the average hashrate across those two cards is 60. less stable the XFX 580 is a problem card.
The average hashrate across all cards is 115MH.
On to my possible perceived problem.
I am mining on nanopool. I have set my payout to .05 ETH Last month and the month prior I was getting a payout every 5-6 days. I am aware that the ETH difficulty goes up. This month my payout duration moved from 6 days to 7,8 and now its 10 possibly 11 days in the space of less then a month. Pretty sure the difficulty doesn't go up that fast.
Whats going on and how do I start tracking down this problem if there is a problem.
Let me attempt to explain.
I have 2 small rigs in different locations 1 has a 2080 super and a 1060. the other has a xfx580 and a vega 64.
The first one is using Claymore's (still seems to work fine) eth miner Average hashrate across those two cards is 55.5 MH very stable
The second one is using Phoenix miner and the average hashrate across those two cards is 60. less stable the XFX 580 is a problem card.
The average hashrate across all cards is 115MH.
On to my possible perceived problem.
I am mining on nanopool. I have set my payout to .05 ETH Last month and the month prior I was getting a payout every 5-6 days. I am aware that the ETH difficulty goes up. This month my payout duration moved from 6 days to 7,8 and now its 10 possibly 11 days in the space of less then a month. Pretty sure the difficulty doesn't go up that fast.
Whats going on and how do I start tracking down this problem if there is a problem.
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