Topic: [DISCONTINUED] cryp.today Mining revenue stats Scrypt Scrypt-N X11 X13 - page 56. (Read 144321 times)

Changed to a line chart and added another one for averages.

OP, thanks for your comparison. Great work!

No its indeed not worth my time, it just limit how often you can get paid out. (If you get paid every 2 days for 1mhs, thats 10%~ fee, if you get paid weekly thats 2.85%~ fee, etc) Thats just a hit for small miners.

Small miners are better off in one of the many other pools who charge 1% of your khs for the whole package(from your khs to multicoin to btc to your wallet), while big miners are best with a flat rate.

Personally i like to have the money on hand, if a quick opportunity or necessity arise, not having to wait for 2 weeks, or pay a huge fee.

So something of note for small miners. Nothing more, nothing less.

Regular BTC transaction fee is 0.0001 per KB, which comfortably fits one typical transaction. Exchanges typically charge more than that, but 0.001 seems on the high side. I would suggest to find an exchange that has lower withdrawal fees. Cryptsy is 0.0005 I think, there might be lower ones, but also keep in mind liquidity, LTC/BTC rates, and trading fees. Also consider whether your time is worth more than the ~0.30 USD you might or might not save doing it via another exchange.

Huhhhhhhhhh, cuz half the miners would have to wait 1 month to be able to withdraw for the fee to be lowered to something regular? Not everyone has farm or a dedicated mining rig. And most pool payout at 0.01btc once a day with no additional fee.


Except i'd then need to find a 3rd party to deposit my LTCs into, then convert to BTC, then rewithdraw, so i'd have to pay 2 party to get my BTCs. I figured that would be worse than paying 0.001 BTC.

Is there a cheaper way to go about it?

No idea. I can only test 5-6 pools at a time. If one of the pools I'm currently testing will start to underperform significantly I might consider replacing it with something else. I'd like to test for 1-2 weeks before I decide to do that.

switchercoin, hashco.ws and megamultipool are worse?

Why would you want to withdraw so many times and loose coins on transaction fees?

You can withdraw LTC instead of BTC, thats 0.001 LTC fee, which is better.

There's a big problem with small miners for ghash. They charge me 0.001btc to withdraw funds. Minimum 0.01 withdraw amount. So if you have like 1mhs and want to be paid every 2 days or so, thats about 10% fee on your total hashrate.

Fees that have different impact whether you're small or big could be a good thing to note

I can only include pools that I'm mining on, and currently I don't have any spare rigs to experiment with. Perhaps when GHash.IO promotion ends I can use that rig for Coinshift.

I'm not comfortable sharing a google doc, sorry. There isn't really much to share, the formula is plain and simple as laid out in the first post.

Thanks for looking.

Added GHash.IO LTC promotion.

great, could u please add coinshift.com and compare it too? cause i'm interested in it

Also, could u please make in google docs so we can explorer it in more details ?

THIS THREAD IS NOT BEING UPDATED ANYMORE


tl;dr



If you don't see the chart above please use these links:
Static image
Interactive chart

What is it?

I'm collecting mining profitability data that might be of interest to other miners too. Each day at 4PM GMT I'll be calculating my 24h earnings from mining pools I'm currently testing to decide where I should put the bulk of my hashes (or maybe the answer will be diversification). The pools are WafflePool, CleverMining, GHash.io (multipool), MultiPool.us (with Cryptsy integration). I'm also including some services that are not mining pools:

• Betarigs, another contract-based hashrate rental service where I'm a provider
• MiningRigRentals, one more contract-based hashrate rental service where I'm a provider
• NiceHash, hashrate rental service with a stratum pool interface where I'm a provider
• Scrypt.cc, cloud mining service where I own 1 Mh/s of hashing power

How is it done?

I'm attempting to determine actual earnings as opposed to what these pools report or estimate. For each pool I add up immature, unexchanged, and unpaid amounts (let's call it Balance), subtract previous Balance, add any payouts, and adjust for 1 MH/s of hashrate: (balance_now - balance_24h_ago + payouts_within_last_24h) / rig_hashrate. All amounts are in BTC.

If pool/service name on the charts has a suffix it indicates the hashing algorithm: S is Scrypt (as in Litecoin), and X11 / X13 should be self-explanatory.

The chart in this thread shows best-performing services for the last 10 days. More data is available here: http://cryp.today/

Caveats

1) All hashrates are "nominal" as reported by cgminer/sgminer/vertminer etc.

2) I'm not including any backup pools or other contingencies in these calculations. If a pool is down I'm assuming zero earnings for that time.

3) To make Scrypt-N, X11, and X13 comparisons meaningful I'm using "scrypt equivalent" hashrate, i.e. the hashrate the same mining rigs (based on AMD R9 GPUs) were generating for scrypt before I repurposed them. Current ratios are: 0.47 for Scrypt-N hashrate vs Scrypt, 5.2 for X11 vs Scrypt, 3.0 for X13 vs Scrypt. See also caveat 3a below. This means that for example if you have an R9 280X that produces 750 KH/s in Scrypt mode and 3.9 MH/s in X11 mode you would be getting results similar to what's shown on the charts. If you are undervolting/overvolting/overclocking you may be getting better or worse ratio than I am.

3a) Due to a software upgrade for AMD GPUs X11 ratio has increased from 2.8 to 4.0 starting from June 2, 2014, and from 4.0 to 5.2 starting from Jul 6, 2014. Pools such as WafflePool reflect increased earnings almost immediatelly, but rental services such as LeaseRig may take a few days to catch up due to long term leases locked-in at the lower hashrate.

4) "LTC ideal" represents approximate theoretical Litecoin profitability based on difficulty.

5) On LeaseRig, Betarigs and MiningRigRentals I'm aiming for maximum utilization of my rigs and most of the time I'm renting out at the lowest price. I'm not including my own mining proceeds when my rigs are not rented out.

6) On NiceHash I have not set up any price limits.

7) On scrypt.cc I'm only tracking mining proceeds and I'm not including any trading or reinvestment income or depreciation.

Coming up

I'll try to keep this updated for the next few days/weeks/until I get bored. Donations are scientifically proven to prevent and cure boredom - BTC: 1A8DePhATaFEyNBJpuybCA8oYUUZEgUraP , LTC: LMH5Jb59NtbAeiv1MrW2eMAQdex233UHMS , DOGE: DRPNAEXbCT7aimVxnbuPNY79pGFBWnBMhG .

Any comments, ideas, and suggestions are welcome it the thread below.