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Title: Am I right in thinking you have both good and bad days when mining? Post by: Lethn on August 05, 2013, 01:14:52 AM I'm aware of the basic rules behind mining the cryptocurrencies in general, when you've got low difficulty it's easier, when you have a pool you spread the misfortune amongst you all and get a better average/consistent return than if you were solo mining. So does that mean though that you can also have really bad days as well even in a pool? I've been mining away at DigitalCoins for the lulz so I can pay for a new webhost ( It was the only one that seemed to work alright too >_< ) and I noticed there were days when I did bloody fantastic and could get a good number of coins in just one night but then there have been times like now where I only manage to get out a couple occasionally.
I'm actually fairly happy with my return at the moment and I might even mine DigitalCoins each night when I'm not using my computer just to build a little stockpile for myself, I'm just wondering what everyone elses experiences were with these alt currencies. Title: Re: Am I right in thinking you have both good and bad days when mining? Post by: koin on August 05, 2013, 03:15:06 AM So does that mean though that you can also have really bad days as well even in a pool? there are many types of payouts and some methods have a higher variance than others. https://en.bitcoin.it/wiki/Comparison_of_mining_pools Title: Re: Am I right in thinking you have both good and bad days when mining? Post by: Graet on August 05, 2013, 07:26:55 AM I'm aware of the basic rules behind mining the cryptocurrencies in general, when you've got low difficulty it's easier, when you have a pool you spread the misfortune amongst you all and get a better average/consistent return than if you were solo mining. So does that mean though that you can also have really bad days as well even in a pool? I've been mining away at DigitalCoins for the lulz so I can pay for a new webhost ( It was the only one that seemed to work alright too >_< ) and I noticed there were days when I did bloody fantastic and could get a good number of coins in just one night but then there have been times like now where I only manage to get out a couple occasionally. correctI'm actually fairly happy with my return at the moment and I might even mine DigitalCoins each night when I'm not using my computer just to build a little stockpile for myself, I'm just wondering what everyone elses experiences were with these alt currencies. Title: Re: Am I right in thinking you have both good and bad days when mining? Post by: mjc on August 06, 2013, 02:58:30 AM Another View
Bad Day(s) : Waiting for your equipment to arrive, power outage (no back up), hardware failure Good Days : Work units accepted :-) Title: Re: Am I right in thinking you have both good and bad days when mining? Post by: Lethn on August 06, 2013, 10:05:43 AM lol I know what you mean with the work units accepted actually, to this day I have never been able to set up solo mining because it's too damn frustrating and members here will troll you about profitability rather than help you :P
Title: Re: Am I right in thinking you have both good and bad days when mining? Post by: Graet on August 06, 2013, 10:29:31 AM lol I know what you mean with the work units accepted actually, to this day I have never been able to set up solo mining because it's too damn frustrating and members here will troll you about profitability rather than help you :P we setuphttps://bitcointalk.org/index.php?topic=262712.0 for the solo curious, can try without the extra effort of setting it all up and get some stats thrown in :) Title: Re: Am I right in thinking you have both good and bad days when mining? Post by: Lethn on August 06, 2013, 12:42:47 PM I want to solo mine Digitalcoins though :(
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