on trademybit, there is a way to know what coin is the most profitable?
Presumably the ones that they show at the top of the screen?
Multi-Port is Currently Mining: NAUT / EXE / DRK
Topic: [DISCONTINUED] cryp.today Mining revenue stats Scrypt Scrypt-N X11 X13 - page 37. (Read 144321 times)
May 22, 2014, 11:56:32 AM
Presumably the ones that they show at the top of the screen?
Multi-Port is Currently Mining: NAUT / EXE / DRK
May 22, 2014, 11:53:15 AM
Charts have been updated for today. No major changes.
May 22, 2014, 10:31:25 AM
I realize you have to mine at a pool to calculate its profitability. I was just wondering if you have looked at www.profithash.com? It is a newer pool and I think it has potential. If you could it would be great to see it on your list! Thank you.
May 22, 2014, 10:25:39 AM
on trademybit, there is a way to know what coin is the most profitable?
May 22, 2014, 09:58:28 AM
Is it my imagination or is the TradeMyBit X11 Multipool a lot bigger now than it was. It's showing as 23.75 Ghash/s, which represents the majority of the site's hash power.
I guess this is where the GPUs are going?
Nice work merc82!
I guess this is where the GPUs are going?
Nice work merc82!
May 22, 2014, 01:52:48 AM
OK, this is clear, Leaserig profitability is what you are measuring. Which includes all sorts of luck elements. People should do better.
Interestingly price sometimes drops below 0,0017 which is around TMB X11 earnings.
Interestingly price sometimes drops below 0,0017 which is around TMB X11 earnings.
I've seen some renters point my rigs at multipools including TMB, not sure how much they could possibly make after fees etc.
I can only think that those guys are total noobs not being able to calculate profitability. Which calculation is actually not that straightforward if you only jumping into this world.
TMB launches a lot of the new X11 coins as they come out -- they may be pointing at our direct port, or at our multiport when we launch the coins
Direct ports are fine, the renter believes in some new coin. That is clear. It also happens with other coins on other pools too and also on some very crazy renting price. Such believe I should say.
But the multiport mining on a rented rig I can not really understand when renting price is above 0,0017. But anyway, I can live with it...
May 21, 2014, 10:21:00 PM
OK, this is clear, Leaserig profitability is what you are measuring. Which includes all sorts of luck elements. People should do better.
Interestingly price sometimes drops below 0,0017 which is around TMB X11 earnings.
Interestingly price sometimes drops below 0,0017 which is around TMB X11 earnings.
I've seen some renters point my rigs at multipools including TMB, not sure how much they could possibly make after fees etc.
I can only think that those guys are total noobs not being able to calculate profitability. Which calculation is actually not that straightforward if you only jumping into this world.
TMB launches a lot of the new X11 coins as they come out -- they may be pointing at our direct port, or at our multiport when we launch the coins
May 21, 2014, 03:15:41 PM
OK, this is clear, Leaserig profitability is what you are measuring. Which includes all sorts of luck elements. People should do better.
Interestingly price sometimes drops below 0,0017 which is around TMB X11 earnings.
Interestingly price sometimes drops below 0,0017 which is around TMB X11 earnings.
I've seen some renters point my rigs at multipools including TMB, not sure how much they could possibly make after fees etc.
I can only think that those guys are total noobs not being able to calculate profitability. Which calculation is actually not that straightforward if you only jumping into this world.
May 21, 2014, 02:47:15 PM
Thank you for your comparison.
I changed to X11 after I saw this results so far. Also temperatures are better and it is easier to sleep in the same room with my rig
I changed to X11 after I saw this results so far. Also temperatures are better and it is easier to sleep in the same room with my rig
May 21, 2014, 01:17:41 PM
consider feasibility section GPU ONLY introduction. Thanks.
May 21, 2014, 01:11:08 PM
OK, this is clear, Leaserig profitability is what you are measuring. Which includes all sorts of luck elements. People should do better.
Interestingly price sometimes drops below 0,0017 which is around TMB X11 earnings.
Interestingly price sometimes drops below 0,0017 which is around TMB X11 earnings.
I've seen some renters point my rigs at multipools including TMB, not sure how much they could possibly make after fees etc.
May 21, 2014, 01:08:34 PM
Sorry again for the delay, I'm getting slammed at work. Data gets collected on time though. Charts have been updated now. No major changes.
May 21, 2014, 03:16:34 AM
Suchmoon> Why do you not include your default pool earnings of unrented times in this LR data? Everybody else would add in that value anyway. You seem like trying to model a situation (pure rent) which would never happen anyway.
I'm actually quite close to "pure rent", my unrented time does not exceed 5% per week and that's only if I'm caught asleep with the wrong price. Adding pool earnings could be considered unfair for comparing rental services, since the total result would depend on which pool I choose as a backup AND it would hide liquidity issues for the service. For example if Leaserig demand is lower than Betarigs and it takes more time for a rig to get rented, then adding backup pool earnings would mask that difference, it would make Leaserig profitability look better than it is. I think just dropping the price until it gets rented reflects the real supply/demand and real profitability better, and my ~5% unrented time is not that significant in the big picture. But I agree that it's not a perfect measure, that's why I disclose this in the OP and I'm sure rig owners with more time on their hands can easily beat my results.
OK, this is clear, Leaserig profitability is what you are measuring. Which includes all sorts of luck elements. People should do better.
Interestingly price sometimes drops below 0,0017 which is around TMB X11 earnings.
May 21, 2014, 03:02:49 AM
Suchmoon> Why do you not include your default pool earnings of unrented times in this LR data? Everybody else would add in that value anyway. You seem like trying to model a situation (pure rent) which would never happen anyway.
I'm actually quite close to "pure rent", my unrented time does not exceed 5% per week and that's only if I'm caught asleep with the wrong price. Adding pool earnings could be considered unfair for comparing rental services, since the total result would depend on which pool I choose as a backup AND it would hide liquidity issues for the service. For example if Leaserig demand is lower than Betarigs and it takes more time for a rig to get rented, then adding backup pool earnings would mask that difference, it would make Leaserig profitability look better than it is. I think just dropping the price until it gets rented reflects the real supply/demand and real profitability better, and my ~5% unrented time is not that significant in the big picture. But I agree that it's not a perfect measure, that's why I disclose this in the OP and I'm sure rig owners with more time on their hands can easily beat my results.
May 21, 2014, 02:22:54 AM
As stated in the OP, I'm aiming at the lowest price, and the time when rig is not rented is not included in the calculation. So for example at this time lowest price is 0.17, if my rig would be available now I would set the price at 0.16, and even then it's not guaranteed to be rented out immediately. If it's not rented out for ~2 hours, this will reduce my daily earnings by ~8%. Also the price depends a lot on when one lease ends and the other one starts. It's 0.17 now and could be 0.12 or 0.25 when my current lease ends in ~10 hours from now. If I'm asleep when the lease ends I could be renting out my rig too cheap or it will sit unrented for a few hours. If it's rented for 3 days my earnings will be locked for that period even if the average rate triples, like what happened recently. Some of these factors can go both ways, i.e. I could get a better rate than average for a few days (see May 15-17).
tl;dr My strategy with Betarigs (and LeaseRig) is very lazy. You can and should do better
I made a cute little script to read all the prices of all the available rigs and adjusts each of my terms to be 3% lower of the cheapest.
Still this did not give the best result because it seemed like some of the other people did this very same thing and we went to a very stupid price war while no ANY rent have happened for hours anyway.
Also, renters do not only choose based on price of the terms. It is very time consuming to check all the prices for all the rigs for all terms and chose the cheapest with desired rig speed at the same time. Sometimes they chose the topmost rig and just rent the desired term falsely thinking topmost position means cheapest prices for all terms.
Leaserig is a very tricky business and the operator does not seem to go into the problems of creating better tools for renters to evaluate options.
Luck is a big part on Leaserig.
Suchmoon> Why do you not include your default pool earnings of unrented times in this LR data? Everybody else would add in that value anyway. You seem like trying to model a situation (pure rent) which would never happen anyway.
May 20, 2014, 08:54:00 PM
thanks for the constant updates suchmoon. I check this daily. You rock sir.
May 20, 2014, 01:01:58 PM
Sorry for the delay. Charts have been updated for today. No major changes.
May 20, 2014, 03:42:27 AM
suchmoon, hi. Why on Betarigs(X) y provide so cheap. Average price 0.0018-20 x 3 = 0.0054 and more, but you 0.0030-32. On Leaserig price norm.
As stated in the OP, I'm aiming at the lowest price, and the time when rig is not rented is not included in the calculation. So for example at this time lowest price is 0.17, if my rig would be available now I would set the price at 0.16, and even then it's not guaranteed to be rented out immediately. If it's not rented out for ~2 hours, this will reduce my daily earnings by ~8%. Also the price depends a lot on when one lease ends and the other one starts. It's 0.17 now and could be 0.12 or 0.25 when my current lease ends in ~10 hours from now. If I'm asleep when the lease ends I could be renting out my rig too cheap or it will sit unrented for a few hours. If it's rented for 3 days my earnings will be locked for that period even if the average rate triples, like what happened recently. Some of these factors can go both ways, i.e. I could get a better rate than average for a few days (see May 15-17).
tl;dr My strategy with Betarigs (and LeaseRig) is very lazy. You can and should do better
May 20, 2014, 12:08:07 AM
suchmoon, hi. Why on Betarigs(X) y provide so cheap. Average price 0.0018-20 x 3 = 0.0054 and more, but you 0.0030-32. On Leaserig price norm.
May 19, 2014, 11:50:45 AM
Charts have been updated for today. No major changes.
TMB Scrypt had a bad day due to some doge wallet issues
60% orphans from the 8hrs of mining we did on doge. The issue has been resolvedKudo's to this chart -- i check it religiously every day
Thanks, I didn't know about that issue. Despite the bump you're doing very well compared to the big dogs, after mining with the pool for a few weeks I can see there is a good effort going on. I appreciate that you have X11 and Scrypt-N covered too.
Thank you for your support.
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