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Title: CoinWarz accuracy Post by: IvanSrb on December 19, 2013, 10:51:56 PM Hello , I've been wondering is www.coinwarz.com really accurate? I mean it's telling me that I can earn about 50$ if I mine Dogecoin with my current hashrate and that is definitely better than Litecoin profit that I am earning right now... I couldn't even find a proper pool for Dogecoins. I'd really appreciate if someone could answer this.
Ivan. Title: Re: CoinWarz accuracy Post by: tichwich85 on December 20, 2013, 01:52:14 AM Coinwarz is showing 'expected' profit, solo mining.
This means these numbers can vary short term, but should come close to it long term IF offcourse difficulty doesnt change. So its rather informative than strict trustworthy. Title: Re: CoinWarz accuracy Post by: IvanSrb on December 20, 2013, 12:21:46 PM Coinwarz is showing 'expected' profit, solo mining. This means these numbers can vary short term, but should come close to it long term IF offcourse difficulty doesnt change. So its rather informative than strict trustworthy. Thanks for the answer. Title: Re: CoinWarz accuracy Post by: Mortimer452 on December 20, 2013, 12:35:12 PM Take the CoinWarz profitability numbers with a grain of salt.
The altcoin difficulty rates and exchange rates can change rapidly over just a few hours or even minutes time. The #1 in $$ per day on CoinWarz might be #12 five minutes later. It is a calculation based on current (and constantly changing) rates and difficulty numbers on all the coins, the amounts given are accurate only as of the moment you clicked the button. If you're into scrypt mining I highly recommend using one of the profit-switching altcoin pools such as MiddleCoin.com. The performance on Middlecoin has been outstanding the last few days, I am getting close to 0.02BTC per day with a measley 500khash |