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Author Topic: Dogecoin & profit  (Read 1136 times)
godsmack_dmx (OP)
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January 31, 2014, 03:14:56 PM
Last edit: January 31, 2014, 04:20:41 PM by godsmack_dmx
 #1

I bought a Sapphire vapor X R9 270X to mine Dogecoin as it published in https://litecoin.info/Mining_hardware_comparison  the speed was 450KH/s
In coinwarz.com calculator I calculated the profit of that GPU and it was 3566.78063268 doge coin per day witch equal 6.6 $ a day.

So I started mining at https://doge.hashfaster.com/index.php  pool with gui miner alph scrypt and the intensity was sit 20 by the program itself and I started the mining and the speed was OK between 430 & 459 KH/s but after a few days I found that I'm hardly getting 1900 doge coin per day.

So I tried about 5 different pool and the result was always worse.

Is there any way to improves my income?
jazzah
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February 02, 2014, 05:36:55 AM
 #2

have you tweaked your config file to get the most out of your card? if, like me, you have no idea how to do that, google the card type/name + mining config settings and play around with the settings.

also for mining, try a multi-port pool; it will always mine the most profitable. there are a bunch of them, i use multipool.us.

good luck!
sgk
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February 02, 2014, 05:58:37 AM
 #3

Calculators like coinwarz do not take into account the varying difficulty and price fluctuation, ehich are 2 major factors affecting your profits. With scrypt alt-coins, profitability quickly bounces from one coin to another. As many people, you should try a profit-switching pool, but some of them come with a responsibility of managing selling of many coins o exchanges on your own. If you're up for that, try one out. You can expect increase in your profits but still don't expect them to be 100% at par with Coinwarz figures.
Velocd
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February 02, 2014, 07:12:43 AM
 #4

Dogecoin has a varying block reward. Coinwarz averages it at 500,000 because right now the reward can be up to 1,000,000 coin per block. If you the pool you mine at has a run of sub par blocks meaning less than 500k per block average then the calculation will be off. The difficulty fluctuation also come into play as well but it's mainly the random block reward.  You could have block hit for 900k+ then 4 more after that below 50k.  You just never really know.
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