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Title: Foreseeing mining Post by: justvamp on December 13, 2017, 09:22:03 AM Hi, mates!
I have some thoughts and a question for you. There could be a few strategies for choosing what to mine now. The most popular one is based on current profit in fiat money and can be easily calculated using any of the services like http://whattomine.com etc This one perfectly fits for those guys who immediately convert their coins into fiat. This is a strategy without risks or what-you-see-is-what-you-get. But there is another strategy which I call foreseeing mining. When the price of some good mineable coin goes down there is usually a dip in the network difficulty. This means you can mine more coins than you usually mine and that's actually a perfect time for mining. And when the price will go up again you'll have more coins and more money. Of course this strategy should be based on your personal belief that the coin you mine is not a scam. The question is - "Is there a web-service which can help me to choose which coin to mine NOT according to current profit in fiat money but according to number of coins I could get". E.g. it might show current network difficulty comparing to average daily/weekly/monthly difficulty. Thanks in advance! Title: Re: Foreseeing mining Post by: halker2010 on December 13, 2017, 09:33:35 AM Hi, mates! well whattomine literally says how many coins you get per day based on difficultly that it gets from the explorer and you can even change those for example bulwark is not on whatotmine yet but when i adjust nist5 algo with its difficultly and current price i can find the current profit easily.I have some thoughts and a question for you. There could be a few strategies for choosing what to mine now. The most popular one is based on current profit in fiat money and can be easily calculated using any of the services like http://whattomine.com etc This one perfectly fits for those guys who immediately convert their coins into fiat. This is a strategy without risks or what-you-see-is-what-you-get. But there is another strategy which I call foreseeing mining. When the price of some good mineable coin goes down there is usually a dip in the network difficulty. This means you can mine more coins than you usually mine and that's actually a perfect time for mining. And when the price will go up again you'll have more coins and more money. Of course this strategy should be based on your personal belief that the coin you mine is not a scam. The question is - "Is there a web-service which can help me to choose which coin to mine NOT according to current profit in fiat money but according to number of coins I could get". E.g. it might show current network difficulty comparing to average daily/weekly/monthly difficulty. Thanks in advance! Title: Re: Foreseeing mining Post by: e4f4 on December 13, 2017, 10:00:08 AM http://www.ispace.co.uk/our-multipools (http://www.ispace.co.uk/our-multipools)
It has an option to mine low difficulty coins. You also earn beezer pos coin for your hashrate. Your question is great and ispace is just an example of multipool. Please explore more and share what you have found. |