I see many people have started using Zpool to mine the blake2s algorithm using
Claymore's new Dual Miner v11.3. The miner will allow you to mine Ethereum and now blake2s or keccak at the same time (with no effect on Ethereum mining speeds). Since its release yesterday, more and more people have started mining blake2s at Zpool.
Using my NVIDIA GTX 1070 rigs, I get about the same speed for each algorithm. To that end, you would think miners would then mine the most profitable one on a multipool like Zpool. For some reason, that is NOT the current case. For this example, we will use 10 GH/s as my mining speed for both algorithms, and current 24 hour average profitability for each algo are as follows:
keccak: 0.00004407 BTC/GH/day
blake2s: 0.00002123 BTC/GH/day
After 24 hours of mining at 10 GH/s, mining revenue (using the same exact miner) would be as follows:
keccak: 0.0105768 BTC/day
blake2s: 0.0050952 BTC/day
For that reason, I simply can NOT believe there are currently 9 people using Claymore's Miner (displayed as "dual" in the Miner stats on Zpool) to mine using the keccak algo, and 3,015 people using the same miner to mine the blake2s algo. According to the info provided by Zpool, mining profits using the keccak algorithm are nearly DOUBLE compared to blake2s. So, WHY ARE SO MANY CHOOSING TO EARN NEARLY HALF OF WHAT THEY COULD BE EARNING USING THE SAME MINER? Seriously, is there something I'm missing here?
If more miners decide to double their profits simply by changing two words and four numbers of the command line used to start the miner, the pool would likely find more keccak blocks, resulting in even more than double profits over the blake2s algorithm. Anyway, (unless I am completely missing something) I am still shocked that over 3k miners would start mining something without first checking profitability. The only reason I can really justify mining something less profitable is if you are a believer/supporter of the project, but payouts can be made in any currency mined on Zpool, so that should not be the case here..
I am getting way too many rejected shares when mining the keccak algo, but changing the difficulty manually has helped a great deal (although I am still seeing more rejected shares than I would like, and compared to any other algo on Claymore). Can someone from Zpool please look into the abnormally high number of rejected shares on port 5133?