Bitcoin Forum
May 13, 2024, 12:51:22 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: ETH mining, steady decline in payouts  (Read 219 times)
JoWannes (OP)
Newbie
*
Offline Offline

Activity: 7
Merit: 2


View Profile
February 10, 2018, 06:40:43 PM
 #1

Sorry in advance for the obvious noob question.

So I'm mining ETH using Claymore's miner with 6 RX580 4GB cards on ethermine.org. I've started just before New Year (a month and a half ago)

Claymore reports +- 180MH/s, the mining pool +- 170MH/s. This seems to be normal, and stood steady over time.

Despite that, there's a steady decline in my weekly payouts:

https://i.imgur.com/u1CHzn0.jpg

Is this normal? I mean, yeah, difficulty increases over time, but... does it go this fast?

Any recommendations?

Thanks!
1715604682
Hero Member
*
Offline Offline

Posts: 1715604682

View Profile Personal Message (Offline)

Ignore
1715604682
Reply with quote  #2

1715604682
Report to moderator
1715604682
Hero Member
*
Offline Offline

Posts: 1715604682

View Profile Personal Message (Offline)

Ignore
1715604682
Reply with quote  #2

1715604682
Report to moderator
1715604682
Hero Member
*
Offline Offline

Posts: 1715604682

View Profile Personal Message (Offline)

Ignore
1715604682
Reply with quote  #2

1715604682
Report to moderator
Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715604682
Hero Member
*
Offline Offline

Posts: 1715604682

View Profile Personal Message (Offline)

Ignore
1715604682
Reply with quote  #2

1715604682
Report to moderator
1715604682
Hero Member
*
Offline Offline

Posts: 1715604682

View Profile Personal Message (Offline)

Ignore
1715604682
Reply with quote  #2

1715604682
Report to moderator
tadeus1
Member
**
Offline Offline

Activity: 140
Merit: 11


View Profile
February 10, 2018, 07:10:56 PM
 #2

Yes it's normal.
More competition bigger network hashrate, less money for you.
Pekine
Newbie
*
Offline Offline

Activity: 112
Merit: 0


View Profile
February 10, 2018, 07:29:31 PM
 #3

yes this is normal.
NameTaken
Hero Member
*****
Offline Offline

Activity: 630
Merit: 502


View Profile
February 10, 2018, 07:30:55 PM
Last edit: February 10, 2018, 07:57:48 PM by NameTaken
 #4

Ethereum network hashrate is currently over 230 TH/s and assuming an average of 25 MH/s per GPU, that more than 9,200,000 GPUs.
bigjee
Full Member
***
Offline Offline

Activity: 434
Merit: 107



View Profile
February 10, 2018, 10:33:27 PM
 #5

About a 7.5% drop in yield per month. looks normal
koinli
Full Member
***
Offline Offline

Activity: 350
Merit: 100


View Profile
February 11, 2018, 02:10:04 AM
 #6

Dont worry bro it's normal, all pools have such small problems. you can check the table (schedule) under the payouts/rounds link.
burntmytoast
Newbie
*
Offline Offline

Activity: 25
Merit: 0


View Profile
February 11, 2018, 06:56:45 AM
 #7

As others have said this is normal as pool difficulty goes up. If your interested in learning more just google about ethers mining difficulty
xxcsu
Hero Member
*****
Offline Offline

Activity: 1498
Merit: 597


View Profile WWW
February 11, 2018, 07:20:18 AM
 #8

Sorry in advance for the obvious noob question.

So I'm mining ETH using Claymore's miner with 6 RX580 4GB cards on ethermine.org. I've started just before New Year (a month and a half ago)

Claymore reports +- 180MH/s, the mining pool +- 170MH/s. This seems to be normal, and stood steady over time.

Despite that, there's a steady decline in my weekly payouts:



Is this normal? I mean, yeah, difficulty increases over time, but... does it go this fast?

Any recommendations?

Thanks!

Its normal , and your payout is going to be much less faster... I hope you are not one of those guys who built they mining rig , bc any kind of web calculator told you , you going to get back your investment within a few months ...


Learn about Merit & new rank requirements , Learn how to use MERIT , make this community better
If you like the answer you got for your question from any member ,
If you find any post useful , informative use the +Merit button.
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!