hello guys
i have pc i build it for gaming but i have no time anymore so i thought i can use it to mine to get some small profit
but after trying minergate software i have made only 0.11$ per day and i have 0 electricity cost
i don't know what is the difficulty and blocks reward and nothing about that so i only need you guys to help me with
1- what is the best miner and best coin should i mine this specs
gtx 1060 g1 6 gigabyte
intelcore i5-3340 6mb cache
high internet speed
and if possible how much profit avg i will get per day , and what is the block reward things and difficulty \
thanks in advance
Minergate sucks...I was earning about 30% less when I tried it out. Mining XMR on nanopool now, quite happy with the returns.
Just go to any pool (like nanopool) and check out their FAQ/help section, they usually explain exactly what you need to do to connect, what soft to use and what parameters to set.
Dunno about a 1060 in terms of perfs, I think it's something like 200-300H/s on XMR maybe? An i7 does 220, so an i5 should be somewhere around 180...so let's say your computer has a total HR of 480H/s max. This should net you around 0.30$/day.
Simply put, a block reward is a fixed amount of coin you get when you find a block on the blockchain. For instance, mining 1 block on XMR nets you 8 XMR coins, so at current rates, around 150$. Difficulty rises as more coins are being mined. It's like mining in a gold mine, you'll deplete it as you mine so it gets more difficult to find gold...