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October 28, 2017, 09:55:38 AM |
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Yes you need to check the global hashrate and compare it with the pool hashrate.
Need high rate, around 50% is good, more is better, but that means that the big pool has too much power, if it goes down, the whole decentralisation of concept, is down with it.
Also just check the average block founding time of the pool.
Do some math
(86400 / "block founding time" * "block reward" / global hashrate * "miner hashrate" ) <==== that gives you the number of unit the miner will earn each day.
Then you can simply convert it to USD or the currency of your choice, using satoshi price of the coin, and BTC value. multiply by the number of unit you get.
Do this with every single think you gonna mine on. And monitor it so you can see if something is going wrong or not. Usualy al goes just fine autopilot, but we like to care about it.
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