when you guys switch coins while mining

MohamedSaied

newbie

Activity: 14

Merit: 0

Quote from: kapipindot on November 26, 2017, 02:17:20 PM

I'd say you should stick with Ethash algorith as your card is better when mining Ethash. You just barely started mining. If ever there are price fluctuations, and since you are just a beginner, better let nicehash do that for you. If you are using nicehash, it comes with a feature of auto switching to the most profitable coin to mine but times when there is much price fluctuations, I see there maybe a little bit of profit loss due to the auto-switching. If you ever wanted to switch, try to focus on a coin for 1 week and then decide if it is worth mining.

i tried nicehash the legacy one since i'm amd , but everytime it starts benchmarking i got BSOD and the whole rig shuts down , so i'm back to basics with the claymore and working perfectly fine

kapipindot

full member

Activity: 168

Merit: 100

I'd say you should stick with Ethash algorith as your card is better when mining Ethash. You just barely started mining. If ever there are price fluctuations, and since you are just a beginner, better let nicehash do that for you. If you are using nicehash, it comes with a feature of auto switching to the most profitable coin to mine but times when there is much price fluctuations, I see there maybe a little bit of profit loss due to the auto-switching. If you ever wanted to switch, try to focus on a coin for 1 week and then decide if it is worth mining.

Vann

hero member

Activity: 1036

Merit: 606

Profitability is determined based on when you cash out, not when you mine. Unless you have a large farm, the problem with mining the coins showing the current top profitability on whattomine is it's mostly based on the large price and difficulty fluctuations shit coins have and by the time you accumulate enough coins to cash out, profitability and the difficulty will have changed. A better indicator is the three and seven profitability indicator compared to ETH which is also shown on whattomine. It also dosen't take in to account dual mining profitability.

MohamedSaied

newbie

Activity: 14

Merit: 0

hello , i just started mining like 4 days ago , adjusted everything and since i read about mining alot , my rig is now working at ETH+DCR 170MH/s for ETH and 3200 MH/S for Decred

so now while i was watching over whattomine to keep myself updated i found sumokoin with cryptonight algorithm over the top , do i just switch to this coin for time being, or wait until i get a good share to payout of ETH (0.2 eth ) or just tstick for etherum for time being ?

GPU 6X RX570 saphire nitro+ 8gb

Topic: when you guys switch coins while mining (Read 227 times)