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Author Topic: Is it worth the effort?  (Read 67 times)
MidNite36 (OP)
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March 30, 2021, 05:02:37 AM
 #1

I was making 8$ on nicehash since two days ago and today it drops to 7.3$, I just switched now to binance pool which is giving me 9$, is it worth changing pools when mining? Anyone doing this too?
mak013
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March 30, 2021, 09:30:19 AM
 #2

Nethash grows - your profit goes down. BTC raising - your profit goes up. When you count in $ - you making a mistake. The better choice to count in BTC or ETH but even such solution cant help you to choose the best pool. The only decision is to use these pools at the same time and count after 1-2 days profit in BTC(ETH or $)/MH.

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rdluffy
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March 30, 2021, 10:17:46 AM
 #3

It's pretty hard to compare pools, because there's the difficult and lucky factor and it's a mess  Cheesy

About your profits, you probably made more money in USD because the price of Ethereum

I don't like Nicehash and Binance pool, I prefer to use Ethermine or Flexpool for example

You can check here: https://whattomine.com/coins
You'll see Nicehash is paying less than mining directly on a pool

But it's up to you, maybe you prefer Nicehash to receive directly in BTC, maybe you like Binance because it's easy to convert in USD daily, it's up to you to make a decision, but keep in mind Nicehash is not the best profitable service, mining ETH in a pool can give you a little more ETH

I didn't like the idea of changing pools constantly, you can adjust and test, but it's better to leave running for days

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batsonxl
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March 30, 2021, 02:18:41 PM
 #4

I was making 8$ on nicehash since two days ago and today it drops to 7.3$, I just switched now to binance pool which is giving me 9$, is it worth changing pools when mining? Anyone doing this too?
You have no idea how on eth hashrate grown and diffuilty jumped from 5.50p to 6.20p Smiley God help us
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