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Title: Anyone mining PIRL here Post by: Peng Hee on January 08, 2018, 02:24:11 AM I'm mining eth and etc. In recent times, I looked at whattomine and found mining PIRL coin is effective. However, when I switched from ETH to PIRL, ETH price increase too fast.
I wondered if I should go back to mining ETH? Thanks for your comments Title: Re: Anyone mining PIRL here Post by: DrG on January 08, 2018, 02:58:39 AM Large farms have to mine something like ETH especially if they need to sell mined coins to cover operating expenses. You can't dump 1 million of PIRL on any exchange. Dumping 1 million of ETH is easy.
This gives the small time miner one advantage in that they can mine a coin that might be "overvalued" (as in worth more compared to difficulty) and dump it on an exchange in real time without causing much slippage. ETH block times are too damn fast and give me a lot of wasted work even on the big pools like Ethermine and dwarfpool, so I prefer to solo mine the low difficulty coins or pool mine the long block time coins. Whattomine is pretty much useless - it has been listing Eth difficulty at 120-130TH/s for the last week when it has been well over 160TH/s. Lazy people deserve lazy results. Title: Re: Anyone mining PIRL here Post by: Dpminer on January 08, 2018, 02:59:53 AM well if you are not scared continue with PIRL but only dump when coins go up every 2 or 3 days and you will be ahead of what you would get mining ETH.
I do the same with SUMOkoin, Electroneum, Feathercoin, Zencash .... Title: Re: Anyone mining PIRL here Post by: jwhale70 on January 08, 2018, 05:43:13 AM Also depends on you Mh/s and pool difficulty, If you only got one or 2 GPU's with like combo 58 Mh/s, sticking with Pirl is your best best. Pirls doing well they will be releasing a masternode soon out of beta, should do well and it's nice to see whole coins, dropping in. Try to find a level where you are getting paid daily. I'm on http://pirl.sonofatech.com and do well.
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To answer and help you, it's important to know the size of your farm, if you have only a couple of cards, maybe it's not interesting to change to ETH |