How do you distribute your Hash? | Bitcointalksearch.org

Apollo 11

newbie

Activity: 15

Merit: 0

Quote from: puwaha on December 10, 2017, 09:39:12 PM

I mine the algo that is good for the GPU or ASIC. If you have a bunch of rigs with the same GPU, then you can spread your hash around, but you need to believe in the coin. Otherwise, if you are in it for profit, just go with the most profitable coin for that algo. Unfortunately, that changes quite often, so you need to keep up with it.

There are many schools of thought... pick one and experiment, then pick another and experiment. Eventually, you will have a sound strategy.

To be clear here, I am not asking advice on 'the best strategy'. I am asking for what everyones own approach is to mining, if people care to share.

I have a 1070 rig, that does zcash and a rx580 rig doing ether, however I hold my coins. So my strategy is different from yours.

puwaha

sr. member

Activity: 700

Merit: 294

I mine the algo that is good for the GPU or ASIC. If you have a bunch of rigs with the same GPU, then you can spread your hash around, but you need to believe in the coin. Otherwise, if you are in it for profit, just go with the most profitable coin for that algo. Unfortunately, that changes quite often, so you need to keep up with it.

There are many schools of thought... pick one and experiment, then pick another and experiment. Eventually, you will have a sound strategy.

CreamyCheesecake

member

Activity: 339

Merit: 11

I have one rig with nvidia cards and another one with AMD cards. I mine low market cap coins when their difficulties are not high and I split my rigs in half cards mining this low cap low liquid coins and the other half I use to mine the most profitable coin in terms of bitcoin so it bitcoin pumps like this i used to mine through nicehash to receive profits in bitcoin, but with this scam they pulled off I'm better mining ethereum to am exchange wallet and selly eth everyday unless I see that the chart has some chances to pull up a little bit. I also pay my bills with coins that have already kinda an established price in Fiat terms that the ones I know may experience high volatility.

Apollo 11

newbie

Activity: 15

Merit: 0

Hello dear fellow miners,

I am wondering what the approach for mining is of some fellow miners regarding distribution of their hash in three questions
1. Do you mine only 1 coin or do you mine several coins?
2. If you have two seperate miners mining one coin, do you use the same pool?
3. At what interval do you switch your coin mining choice?

For example, I will fill it in for myself:

1. I mine several coins, namely: Ethereum (50%), Ubiq (25%), Zcash(25%) and Lbry (dual)
2. I do use the same pools for single coins, however i use different pools for different coins (nanopool for ethereum, maxhash for ubiq)
3. I check my profitabilty once every two weeks, although I dont need it to be in the top, I just want profitability to be okay

I wonder what the results will be.

Topic: How do you distribute your Hash? (Read 259 times)