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Author Topic: Which is your revenue per GH/s??? (Difficulty raises a lot in past 20 days)  (Read 3138 times)
dna2 (OP)
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August 19, 2013, 09:00:44 PM
Last edit: September 04, 2013, 09:36:28 PM by dna2
 #1

First of all let me say I'm not complaining about it. I know mining have risks. For me it's not an investment but an hobby. I like to play with my RPI and if I won't take back my 300 EUR, I won't cry a minute.
But as every game, I would like to stay in the game as long as I can.

I've started about a month ago with 1GH/s, mining at Slush Pool. I see a lot of variance but with the pool running at about 25.000 GH/s, I was able to get around 0.015/0.018 per day.
After 20 days, the pool is now running at 36.000 GH/s and my revenue is now 0.09/0.010 BTC per day.

I'm thinking to leave Slush pool as also NMC (merged mining) appear to be dead...

Suggestions on how to make the most out of my small miners? Which pool are you using and which are your revenue per GH/s?

Thanks in advance,
D.
Birdy
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August 19, 2013, 09:20:04 PM
 #2

I don't think the size of the pool decreases the revenue, it will only make the revenues less variable, it's the overall difficulty/computing power that matters.
And that one is skyrocketing right now, expect even less from your miner soon.
http://bitcoindifficulty.com/
dna2 (OP)
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August 25, 2013, 08:14:12 PM
 #3

I'm now moving to BTC Guild to test something different. Anyway these are my statistics at Slush Pool for about a month, I hope they'll help someone else Wink

https://i.imgur.com/7BcqbOy.png
Goatboy
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August 25, 2013, 09:17:29 PM
 #4

I decided to move my miner to LTC, then exchange for BTC.  Even so, my 2x7970 barely eek 1BTC/month in this manner (gross revenue) Probably not worth it, but still better than direct pool mining BTC with GPU's. 
My biggest fear is that much of the LTC hashrate is old/newish/new GPU hardware used for BTC.  When those units age (Like electronics aging, 6 months to retirement), they may not be replaced.  If that is true, then altcoins will lose their hashrates, decrease in value trade volume, while BTC remains strong.  Hence, I store money as BTC long term, like most everyone else who isn't speculating.
dna2 (OP)
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August 27, 2013, 05:56:48 AM
 #5

That's a lot! Unluckly, I cannot move to LTC with my USB Erupters Sad

About my testing, mining at BTCGuild gives me 0.005 - 0.007 per day with PPLNS... It seems  a little lower. I did not considered NMC yet but it's nice to have some cents to play with...
Wed
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August 27, 2013, 06:11:18 AM
 #6

It depends on pool luck.
Currently about 0,007 per 24h@BTCGuild (1 GHs)
Trader247
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August 27, 2013, 08:33:40 AM
 #7

I'm suggesting you to mine best profitable coin (select from conchoose.com). After mining the profitable coin just convert it to BTC. You will get 300% more coin.
b!z
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August 27, 2013, 09:59:15 AM
 #8

Coinchoose.com and pick the most profitable coin to mine then xchange to btc
MrW00f
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August 27, 2013, 10:03:54 AM
 #9

For now on with around 3GH, i'm doing around 0,03BTC/24h

with combined mining i can maybe raise a bit the BTC value
dna2 (OP)
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August 28, 2013, 07:48:21 PM
Last edit: September 03, 2013, 10:03:34 PM by dna2
 #10

I've completed a 3 days testing @BTCGuild. while the website is really cool indeed, the only thing I liked was the NMC merged mining. About BTC, payout is less than Slush but with less variance.

So to compare (my opinion based on my small miners)

Slush Pool: 1,0Gh/s => 0.009 - 0.010

PRO:
- Statistics are nice, I prefer to see earning than speed (which for a 24/7 miner should stay fixed)
- A bit more profitable than BTCGuild
- Payout are made with full 8 digits

CONS:
- Lack of merged mining
- Lot of variance

BTCGuild 1Gh/s => 0.007

PRO:
- Website is super nice
- NMC Merged mining
- Less variance

CONS:
- Profits are smaller
- Payout are not made with full 8 digits

While NMC are a nice plus, for me the winner is Slush Pool.

I'm now heading to 50btc to continue with testing Wink
dna2 (OP)
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August 30, 2013, 08:37:41 AM
Last edit: September 03, 2013, 09:56:37 PM by dna2
 #11

It's been four/five days at 50btc. Here my results:

50btc 1.0 GH/s => 0.007 BTC per day

PRO:
- Very very nice looking website
- Nice statistics
- Nice security features
- Small variance due to PPS
- You can have a manual payout with 8 digits

CONS:
- Automatic payout are not made with full 8 digits
- It's been quite unstable the latest 4 days. While they have small downtimes (seconds or minutes), it make me worry every time (green light green light on my erupters Smiley
- No merged mining (NMC)
dna2 (OP)
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September 04, 2013, 09:37:58 PM
 #12

Final considerations on comparison of three Pools (Slush, BTCGuild, 50BTC). Beside the fact I would love to have merged mining, I cannot ignore that earnings on Slush are better and mostly important, payments are done with full 8 digits (you have to play a little with the threshold, but it's easy to transfer everything to your wallet).
So for now I'll stick with him/them.

This are my results anyway:
Earnings per Day= Slush Pool, 50BTC, BTCGuild
Variance per Day=50BTC, BTCGuild, Slush
Payout methods = 50BTC, Slush, BTCGuild
Statistics = 50BTC, Slush, BTCGuild
Merged Mining = BTCGuild only
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