Bitcoin Forum
July 02, 2024, 07:47:21 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: What are 1THS miners yielding?  (Read 866 times)
doof (OP)
Hero Member
*****
Offline Offline

Activity: 765
Merit: 503


View Profile WWW
May 05, 2015, 03:45:31 AM
 #1

I picked up a few Ant s3's and mining on slushes pool.  The mining calcs say i should get about 0.01 a day, but its more like 0.001.

What do others yield?
nwfella
Legendary
*
Offline Offline

Activity: 1596
Merit: 1000

Well hello there!


View Profile
May 05, 2015, 04:52:54 AM
 #2

I picked up a few Ant s3's and mining on slushes pool.  The mining calcs say i should get about 0.01 a day, but its more like 0.001.

What do others yield?
I'm currently averaging ~0.0138/day with 1.43TH worth of gear.  My tin-foil hat tells me your measuring your profitability after only a single day on a PPLNS pool.  Depending upon the pool's luck and payout schedule it's very rare that you'll earn anywhere near your average daily earning potential within the first 24 hours.

Nice thing about S3's by the way is you can choose to 'distribute' your hash across multiple pools.  If your having doubts about the Slush pool, try spreading your hash out across a couple of the larger ones (i.e. Antpool, BTCChina, or F2pool)

¯¯̿̿¯̿̿'̿̿̿̿̿̿̿'̿̿'̿̿̿̿̿'̿̿̿)͇̿̿)̿̿̿̿ '̿̿̿̿̿̿\̵͇̿̿\=(•̪̀●́)=o/̵͇̿̿/'̿̿ ̿ ̿̿

Gimme the crypto!!
techgeek
Hero Member
*****
Offline Offline

Activity: 826
Merit: 1000


View Profile
May 05, 2015, 05:11:16 AM
 #3

if you go to bitcoinwisdom they have a calculator there.

but 1 th/s can yield a small amount, not how much you are expecting and the price you got your miners for? So, I just assume you invested some money expecting a quick turn around.

If the rise of bitcoin value goes up, then you wont have to worry as much. In the future though, you should consider cloud mining with legit providers like hashnest the same ones who produce antminers.

alh
Legendary
*
Offline Offline

Activity: 1844
Merit: 1050


View Profile
May 05, 2015, 05:28:04 AM
 #4

In my opinion, the primary reason to go with a reputable cloud miner is that your locale is too expensive, this could be in the form of taxes or duties on the miner purchase, or the cost of electricity is too high (e.g. $.25 for a KHW), or it's just too hot.

I highlighted "reputable" because many cloud mining operations that PROMISE extraordinary returns can easily be a Ponzi scheme. The "early" folks get paid, perhaps even well. It's the "later" joiners that really get screwed when the cloud mining operation just goes POOF with your money having been sent in.

If you want more rapid and stable payout, you might consider a PPS pool, though the pool fee is usually MUCH higher (e.g. 4% possibly more).
doof (OP)
Hero Member
*****
Offline Offline

Activity: 765
Merit: 503


View Profile WWW
May 05, 2015, 05:40:41 AM
 #5

if you go to bitcoinwisdom they have a calculator there.

but 1 th/s can yield a small amount, not how much you are expecting and the price you got your miners for? So, I just assume you invested some money expecting a quick turn around.

If the rise of bitcoin value goes up, then you wont have to worry as much. In the future though, you should consider cloud mining with legit providers like hashnest the same ones who produce antminers.

Not really in it for ROI, miners where cheap and I have solar.  So Id rather burn my supply of electricity into mining, than sell it back to the grid.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!