Mining EPIC has actually become much easier compared to 2 years ago in the sense that technical documentation is much better thanks to some strong rowers in our community. Then again, mining difficulty has become much higher since the Ethereum merger. However, for cost effectiveness and profitability, EPIC remains at the top for mining profitability.
Minerstat disagrees with you.
https://minerstat.com/coin/EPIC/profitabilityEvery single card is mined at a loss. Low trade volume. The cards on there that list a profit are missing the electric cost liike a 1650.. think about that a minute.. a 1650 el chepo card out mining a 3080ti. Note that it also listed the 3080ti as only using 116w of power mining that algo which I have doubts on being correct.
so no. theres no profit here. or that site is lying to me.
I welcome evidence to the contrary.
Minerstat does not correctly apportion the Polyphasic Proof of Work distribution across CPU/GPU/ASIC 48/48/4%. It's a common error by those who don't know about EPIC
Solution:
Go to
t.me/epicminers
Type:
@epicradarbot mining pp 50 mh/s
And that will give the amount of epic/usd for one 3080 GPU
Polyphasic ?
https://www.merriam-webster.com/dictionary/polyphasic, more then one phase. Just in case I'm missing something here. What Other phase is it using then POW?
And honestly Minerstat is the only place I can find any sort of stats on epic at all. If everything else is in house so to speak its impossible to judge its value.
Logically if something was as good as it claims then that sorta info would be fairly widespread across the various stat pages.
Polyphasic PoW meaning many phases of PoW, not something other than PoW. What happens in Epic Cash is you can imagine it like a big jar of 100 marbles and we'll say that those 100 marbles represent 1 mining epoch. In EPIC's case we'll say there are 3 different colors for the marbles Red, Blue, Green, to represent the 3 different PoW types: CPU, GPU, and ASIC. The Polyphasic algorithm randomly chooses a marble and we'll say the first marble is Blue so a GPU block is worked on/solved. Then the algorithm chooses another marble and again it's blue so GPU is used to mine that block. Then another marble is chosen, this time Red so a CPU will do the work. And it goes on like that until a total of 48 CPU, 48 GPU, and 4 ASIC blocks are mined. But really it is cuckoo cycle so technically mineable by GPU but ASIC would be far more efficient but ASIC can only mine for 4% so who would? Well, some do.. and that's part of the genius of the system.
Okay, that's a lot of complicated rationale right? But the beauty is the code is very simple. FOSS anyone can work from github. You know you did something good when the code is simple but the explanation to include benefits of the design can take some time and effort.
But... to your point about it being "in house" It's really not. The answers I gave you before are very easy and not "in house". They were made by a community member and totally Free and Open Source Software (FOSS) discernable by doing this:
Go to
t.me/epicminers
Type:
@epicradarbot mining pp 50 mh/s
