Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: Vuiluil on November 08, 2017, 07:47:35 AM



Title: Nicehash Profit Drop
Post by: Vuiluil on November 08, 2017, 07:47:35 AM
Hey guys. I've had my miner L3 miner online for 10 days now and it seems I am getting less and less every day. It looks like almost a constant drop of 0.00200 BTC.
If I change servers it might go up a bit but drops down again. Have I setup something wrong, can I increase this? Please help


017-11-07 12:23    
Mining payment 29007    0.00245452 BTC
2017-11-06 12:22    
Mining payment 28998    0.00275785 BTC - Changed Server
2017-11-05 12:22    
Mining payment 28991    0.00250593 BTC
2017-11-04 12:21    
Mining payment 28985    0.00273271 BTC
2017-11-03 14:09    
Mining payment 28981    0.00280260 BTC
2017-11-02 12:28    
Mining payment 28423    0.00298015 BTC
2017-11-01 12:27    
Mining payment 28412    0.00310230 BTC
2017-10-31 12:27    
Mining payment 28405    0.00326510 BTC
2017-10-30 12:27    
Mining payment 28396    0.00325353 BTC


Title: Re: Nicehash Profit Drop
Post by: 0xcosmos on November 08, 2017, 09:06:34 AM
difficulty
its normal


Title: Re: Nicehash Profit Drop
Post by: Vuiluil on November 08, 2017, 12:54:55 PM
Ok thanks, I understand difficulty goes up but why does the payout go higher when i change from eu to usa server and vice versa?
Surely difficulty is the same on both servers or am i misunderstanding it?



Title: Re: Nicehash Profit Drop
Post by: Rexmint on November 08, 2017, 01:44:26 PM
Here is my payouts from NH using 1 L3+
If there is  a star  * by the day then please refer to the note. I believe that I had it over clock to 500 MH/s since I changed from NH from ProHashing. PH was too unreliable. If PH could fix their issues I would go with them as you can select your payout in any coin or coins and Set the percentages (ie; 25% ETH, 25% LTC, 10% ETC, 40% BTC - although BTC payout without a fee is $250).

 I will try to find time later to verify if I was always at 600 MH/s  once I started NH.  I would think that the minor keeps a log and I may have notes around. The amount a BTC has changed per day due to the price of BTC but it has always seemed to be anywhere from $22-$26 per day Based on the price during the daily pay out but  with the increasing price of the BTC and me holding on to my earnings it is now a higher value per day - if I were to calculate how much I earned say two weeks ago for that day as DTC increase by 25% or so .

Nov - BTC
8 0.00313503 - Fee: 0.00006398  -500m freq 650mh/s
7 0.00301571 - At some point I changed my frequency from getting 600 to 650 MH
6 0.00250467 - I’ll have to get back to you but my power and Internet went out so this was not a full day
5 0.00316821 - This day and all previous days are 500 MH
4 0.00339105
3 0.00328425
2 0.00363539
1 0.00363782
Oct
31 0.00382711
30 0.00392473
29 0.00377008
28 0.00381178
27 0.00400191
26 0.00420109 - most BTC earned in one day
25 0.00385175
24 0.00383741
23 0.00378662
22 0.00400355
21 0.00417394
20 0.0039434 - must of been my first day
NH says “Only transactions created in the past 30 days are displayed.”

I can only see the fee charged for the past seven days so I just included the fee for the last day so I don’t have to copy it all again but I believe the fee is 2% each day – someone correct me if I’m wrong. I also believe that your payment already has your fee removed.
Wallet (never withdrew or deposited)
0.07290552 BTC
543.95 USD


 I would be interested in hearing some other people stats as well on their L3+ both stock and OC (to what MH/s), server (US, EU, etc) along with their settings.

 Please share.









Title: Re: Nicehash Profit Drop
Post by: Rexmint on November 08, 2017, 01:51:25 PM
difficulty
its normal

I believe the bigger effect with the amount being paid is that the price of BTC keeps increasing. Difficulty certainly has an effect but I think the rapidly increasing the price of BTC is the bigger factor.

Ok thanks, I understand difficulty goes up but why does the payout go higher when i change from eu to usa server and vice versa?
Surely difficulty is the same on both servers or am i misunderstanding it?

 Your minor and I believe the dashboard will indicate what the current difficulty your work is. Typically it is 262144.

A copy and paste from Login -> Dashboard -> Stats
Active workers

XNSUB     WORKER     ALGORITHM     SPEED (ACCEPTED)     SPEED (REJECTED)     DIFF     TIME (MINUTES)     LOCATION 
Yes   rexrig1   Scrypt   806.51 MH/s   0 MH /s (0%)   262144   93   USA

I would ping each of the servers and you’re probably doing better at whichever one has the lower ping.


Title: Re: Nicehash Profit Drop
Post by: 0xcosmos on November 09, 2017, 09:47:19 AM
it all depends on supply and demand in nicehash marketplace
try buying hashrate at nicehash and you will understand what I am talking about
if demand is high for buying hashrate for particular algo
pay will be high
if not
it will keep declining
like what just happened with cryptonight a week before


Title: Re: Nicehash Profit Drop
Post by: phuocduong on November 09, 2017, 10:00:33 AM
dificult, it's normal


Title: Re: Nicehash Profit Drop
Post by: koljach on November 09, 2017, 12:49:17 PM
Here is my payouts from NH using 1 L3+

Nov - BTC
8 0.00313503 - Fee: 0.00006398  -500m freq 650mh/s
7 0.00301571 - At some point I changed my frequency from getting 600 to 650 MH
6 0.00250467 - I’ll have to get back to you but my power and Internet went out so this was not a full day
5 0.00316821 - This day and all previous days are 500 MH
4 0.00339105
3 0.00328425
2 0.00363539
1 0.00363782
thats nice, more than i am getting. So i wonder, why are there differences in payments? I also got 1 L3+ at NH and these are my november profits:

2017-11-09 11:59 - 0.00257839 BTC
2017-11-08 11:55 - 0.00250125 BTC
2017-11-07 11:56 - 0.00243164 BTC
2017-11-06 11:53 - 0.00258294 BTC
2017-11-05 11:54 - 0.00249974 BTC
2017-11-04 11:52 - 0.00280657 BTC
2017-11-03 13:42 - 0.00270691 BTC
2017-11-02 11:37 - 0.00286522 BTC
2017-11-01 11:37 - 0.00281290 BTC

howcome you are getting almost 0.0005 btc per day more than i am? Thats like 4 dollars per day more, 120 dollars a month more. I am in Croatia, and using Europe server. Did you maybe overclock it?


Title: Re: Nicehash Profit Drop
Post by: Vuiluil on November 29, 2017, 06:59:48 AM
HI Guys, thanks for all the input. It makes more sense now. Difficulty aside, the payout amount stays more or less the same so if BTC drops in value, then the payout btc will be higher or am I misunderstanding it?


Title: Re: Nicehash Profit Drop
Post by: tadeus1 on November 29, 2017, 07:05:16 AM
You got it :) 
Multiply the BTC earned by the daily exchange rate and you should get similar daily USD or EUR price.

+some variation depending on the demand/supply pricing and some other factors.




Title: Re: Nicehash Profit Drop
Post by: pbuva on November 29, 2017, 07:33:51 PM
The reasons are even two.
One of course is a difficulty.
The second, the BTC rises. So you're still getting the same reward, but in less BTC.