Multi pool to mine with GPU | Bitcointalksearch.org

FP91G

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Quote from: joker_josue on November 13, 2021, 04:24:50 AM

Quote from: JayDDee on November 12, 2021, 08:11:03 PM

You lost me. I don't know if you're comparing pools or coins.

I'm asking if the purpose of multipools isn't to mine the most profitable currency at the moment and convert to BTC.

Let me first explain why multipools are worse for video cards.
There are hot algorithms and there are cold ones. KawPow warms the video card more than Ethash.
Multipools are engaged in hashrate arbitrage and after a short time the profit will be the same.
If you are not selling coins right away, but are waiting for the price you need, then it is easier to mine one coin using one algorithm.

skablast

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No.mmm may be in the past

Now ? you mine whatever better fit with your gpu and its available in the multipool and then you are paid in a coin that you want but your gpu isn't that good at it
The other good point is by doing that you keep accruing while mining at the price of the date you are mining, not when you reach the minimum payout. If you believe the coin you want is going to jump higher soon, its a good option.
Btw, the most common coin isn't BTC anymore, LTC is a very used option by small miners. Some "organizer", like Nplusminer are also a good choice if you let them run, to find some temporary spot,even sometimes at Asic coin, because... it happen.Hell, I made 50 $ one day mining Skunk.... Zpool,Zergpool are my favourite

joker_josue

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Quote from: JayDDee on November 12, 2021, 08:11:03 PM

You lost me. I don't know if you're comparing pools or coins.

I'm asking if the purpose of multipools isn't to mine the most profitable currency at the moment and convert to BTC.

JayDDee

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Quote from: joker_josue on November 12, 2021, 07:34:30 PM

Quote from: JayDDee on November 12, 2021, 04:43:53 PM

The main difference with multipools is they choose which coin to mine. That can be a good thing or a bad thing, YMMV.

But the idea is to keep the most profitable one and then convert it to BTC or ETH. Or am I mistaken in this reasoning?

You lost me. I don't know if you're comparing pools or coins.

joker_josue

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Quote from: JayDDee on November 12, 2021, 04:43:53 PM

The main difference with multipools is they choose which coin to mine. That can be a good thing or a bad thing, YMMV.

But the idea is to keep the most profitable one and then convert it to BTC or ETH. Or am I mistaken in this reasoning?

JayDDee

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Quote from: joker_josue on November 12, 2021, 03:08:34 PM

To mine with a GPU that has an average 47MH/s hash, does it make sense to use this type of pool?
Would it make it more profitable?

Theoretically no, as I mentioned they all mine the same blockchains so they all have the same difficulty.
The differences are in the added features, some of them I mentioned. That's a subjective question so only
you can decide which are important to you.

The main difference with multipools is they choose which coin to mine. That can be a good thing or a bad thing, YMMV.

joker_josue

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Quote from: JayDDee on November 12, 2021, 02:36:02 PM

No it doesn't.

Pools are mostly a commodity because every pool mines the same blockchain for a specific coin.
Pool fees, coin selection, reliability and value added features like autoexchange are the main differences among them.

OK!

To mine with a GPU that has an average 47MH/s hash, does it make sense to use this type of pool?
Would it make it more profitable?

JayDDee

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Quote from: joker_josue on November 12, 2021, 10:20:47 AM

But does switching algorithms increase hardware wear?

No it doesn't.

Pools are mostly a commodity because every pool mines the same blockchain for a specific coin.
Pool fees, coin selection, reliability and value added features like autoexchange are the main differences among them.

joker_josue

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Quote from: FP91G on November 12, 2021, 08:35:35 AM

I do not use multipools, because I believe that working on video cards on one algorithm extends its life.

But does switching algorithms increase hardware wear?

FP91G

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I do not use multipools, because I believe that working on video cards on one algorithm extends its life.
I have been mining Ethereum for over 5 years and they are in excellent condition.
To increase the profit, it is better to use dual mining.
https://web.archive.org/web/20210520195911/https://hiveos.farm/how_to_dual_mine_ZIL_ETH_ERGO_RVN_in_HiveOS/

michellee

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🐺Spinarium.com🐺 - iGaming casino

I am not sure if there is the best multi-mining pool because every pool mining has their advantage and disadvantage. Once I tried to use a multi-mining pool with one GPU but that is not enough for me to earn more rewards, even if I start with one pool.

Maybe you can check https://miningpoolhub.com/ or https://zpool.ca/ or https://multipoolminer.io/.

In https://miningpoolhub.com/, you will have many options you can use to mining, depending on your GPU. You can also convert your coin to another coin.

joker_josue

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In your opinion, what is the best multi pool to mine using GPU?

By the way, the question before you have to ask is: do you think it is worth mining in multipools?

Topic: Multi pool to mine with GPU (Read 121 times)