Hello everyone,
While I was surfing through the internet, I saw many articles and reviews with comparison of mining pools. I decided to run a small test of my own. My goal was to find out which pool is more profitable for ETH mining.
I chose two mining pool for my test:
2miners and
Minerall.io. Why these pools? Just saw them when was trying to find ETH pools. Besides, both of them allow mining anonymously, pay once per day, and have a detailed performance statistics. However, a significant difference between these pools is their commission. 2Miners takes 1%, while Minerall’s commission is 2%. But, as people say, the devil’s always in the details, but I will speak on that later in this article.
So, let’s get it started. I configured two similar mining rigs with 180MH/s on HiveOS. The rigs rig_id are 109569 and 138477. Before the test I checked my possible profit with WhatToMine and got 0.0133ETH per day. Not bad.
I won’t explain how to set up HiveOS, because this post is not about it. Find and follow the manuals from the Internet.
I created a new ETH wallet 0xc4e599e1621c101b4d34443e9bda40b299e2e2ab for my test and started mining.
Statistics I was mining for 27 days to avoid any issues with the network luck, errors, etc. So, the results are the following:
Minerall: 0.3701 ETH or 0.013707 ETH in a day.
2Miners: 0.3196 ETH or 0.011837 ETH in a day.
As I mentioned earlier, WTH prediction was 0.0133 ETH in a day.
So, as we can see, the Minerall mining pool is 15% more profitable than 2Miners.
https://eth.2miners.com/en/account/0xc4e599e1621c101b4d34443e9bda40b299e2e2abhttps://minerall.io/minerstats/0xc4e599e1621c101b4d34443e9bda40b299e2e2abMinerall stats2Miners statsSorry, can't upload images)
Payouts Both pools paid on time without any problems. Let’s go back to the pools commission which I promised to discuss. Minerall’s commision is higher - 2%. But if we take into consideration some points, Minerall is more profitable. This point is Minerall has a lower percent of uncle blocks. The 2miners pool has avg uncle rate 33%, while the Minerall pool has only 10%.
So, let’s do the math here. For example, we have 10 ETH blocks. With the Minerall pool your possible profit is 2*1+9*3 = 29 ETH, and with 2Miners 2*3+7*3 = 27 ETH.
Without pool fee we get:
Minerall: 29-29*0.02 = 28.42 ETH
2Miners: 27-27*0.01 = 26.73 ETH
ConclusionsI am not going to compare the pools interface, statistics detailing and so on. 2Miners has a better statistics for anonymous mining, but while this article was in writing, the Minerall team updated their homepage design which is far more comfortable and easy to use.
As you can calculate, you can see, you need to have a rig (or rigs) with the total hashrate of 15.2 GH/s to mine 1 ETH on 2Miners. On Minerall you will need 13.13 GH/s for the same. Or, in other words, 100 GH/s on Minerall pool will provide you with possible 7.615 ETH, and with 2Miners only 6.576 ETH.
Now I’m planning to continue mining with Minerall.io and make some other tests. If you have any suggestions or comments on this test, welcome.
UPD: 2Mineral has recently announced that they had fixed the problem with the uncle rate.
