Hello all.
I started mining XMR+XDN two days ago. My GPUs are ATI 7770 and 5970 (old, but still useful). First time I was amazed why I am mining negative value of coins:
https://yadi.sk/i/uUUfzI983E7YYe - for XDN, and almost the same for XMR (some problems with uploading image)
Please, explain, what am I doing wrong?
I started mining XMR+XDN two days ago. My GPUs are ATI 7770 and 5970 (old, but still useful). First time I was amazed why I am mining negative value of coins:
https://yadi.sk/i/uUUfzI983E7YYe - for XDN, and almost the same for XMR (some problems with uploading image)
Please, explain, what am I doing wrong?
once I got negative value, due to invalid share, I leave this pool immediately forever.
Lol, you are very fast
ya haha most think mining is easy money, they dont understand that theres literally one MILLION other GPUs out there looking for profits too, if your not a larger miner you will make very little in big pools, hell maybe you will lose money as blocks take so long ;p
You can't just "o man this sux" and leave in 2 hours, i personally test a pool for a WEEK and look at historical stats as a show of performance.
~Did you guys know the makers of Minergate who made changelly have partnered with a HUGE name for a HUGE deal?
Rest assured minergate is committed to building great long term stuff, tho they have their share of problems along the way, they WILL make it right im sure
I do understand, my hash power is almost nothing in whole world scale, but I want to take my part of mining profit.
I am going to mine at minergate about a week and to make statistic of my balance there. I have a lot of statistic for mining cryptonight at nicehash. And at this moment minergate seems to be much worse than nicehash. But I want to know if there is any way to make it more profitable.
Are you talking about Roger Ver (tssss, nobody should know we are talking about him) ?
yes i think you know what project i am talking about
Ya smaller miners might wanna go "PPS", also its hard to say if nicehash is more profitable as they pay in BTC but also have HUGE fees to do so.
I believe if you CARE about XMR and wanna speculate on price, mine it, but if just getting paid is the goal maybe nicehash is easier. ?
I know i like to mine XMR at MInergate, as i feel the minimums of other pools for w/d are too high, i only mine with 1mh/s on XMR haha!
Plus, merge mining rules, FREE COINS ;p
Either way, ya just do your own numbers, only YOU know your profit margins, but there MUST be a reason minergate has like the biggest XMR pool....
I am mining to get BTC, so of course Nicehash is easier, but I can turn on autosell for XMR and XDN at bittrex, so it will be almost same like "mining" to nicehash. BTW I checked all algorithms at nicehash for profitability, CryptoNight is best for me. Now I decided to check if mining monero is better than mining to nicehash. I calculated daily income of XMR, multiplied it to XMR price and it is much less than I took at nicehash. Looks like minergate is lying, "free coins" can make laugh or cry, it is too small quantity. Now I started mining only XMR. If tomorrow my calculations will show almost the same, I will leave this "pool".
So it's best to use alternative miner to connect to the pool, here is a list 