Octopus algo is better on RTX2***

[Skinny48]

This is a quick mining notice for all those who don't know, probably those who likes using whattomine to choose which coin is the most profitable, if you are using RTX2*** the most profitable coin you can mine isn't Ethereum, for days now Octopus algorithm (Conflux) have been stable and more profitable

1. RTX2060

ETH 27MH = 1.89$
Octopus  36MH = 2.66$


2. RTX2070

Eth 37MH = 2.59$
Octopus  42MH = 3.08$

3. RTX2080

Eth 37.22MH = 2.58$
Octopus  52.44MH = 3.75$

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[Claudio99]

Hm, thats true, Conflux isn't available on whattomine platform for unknown reason but only Minerstat calculator has conflux (octopus algorithm) integrated, I don't mine with RTX2060 and others because they are less profitable and not worth their money but good for gamers

[JHORN]

It's a waste of money to buy those RTX20** GPUs for mining Ethereum because less expensive GPUs can deliver same hashrates as these graphic cards, thanks for sharing, definitely will be useful for those who already got them

[miner29]

Hm, thats true, Conflux isn't available on whattomine platform for unknown reason but only Minerstat calculator has conflux (octopus algorithm) integrated, I don't mine with RTX2060 and others because they are less profitable and not worth their money but good for gamers

Sure it is...its called by the algo its used..Octopus....lower left of the listed algos.  

Shows

2080 = 48.8
2080ti = 58.5
3060ti = 48.0
3070 = 52.7
3080 = 77.0

And yes on paper conflux is more profitable....but the 24volume is only 1.5btc where as eth is over 16,000btc....liqudity is an issue for conflux vs eth.  You can always trade eth....second most liquid coin for miner...only btc is more. 

But calc says i make more....but you have limited market and limited volume to compete with everyone else who only thinks about cal number and liquidity.  Also we will see after this boom if conflux is even a thing.  Eth will be. 

[aclass]

That's a bit misleading.

2060 does 32 Mh on ETH
2070 does 42
2080 does 42 as well

[jessyj48]

Hm, thats true, Conflux isn't available on whattomine platform for unknown reason but only Minerstat calculator has conflux (octopus algorithm) integrated, I don't mine with RTX2060 and others because they are less profitable and not worth their money but good for gamers

Sure it is...its called by the algo its used..Octopus....lower left of the listed algos.  

Shows

2080 = 48.8
2080ti = 58.5
3060ti = 48.0
3070 = 52.7
3080 = 77.0

And yes on paper conflux is more profitable....but the 24volume is only 1.5btc where as eth is over 16,000btc....liqudity is an issue for conflux vs eth.  You can always trade eth....second most liquid coin for miner...only btc is more. 

But calc says i make more....but you have limited market and limited volume to compete with everyone else who only thinks about cal number and liquidity.  Also we will see after this boom if conflux is even a thing.  Eth will be. 

The 24hrs volume of Conflux token is just 1.5btc so how is this bad for miners? You can sell whatever you mine every 24hrs if you think the volume isn't good enough or can shrink later, I used to mine graft coin with cryptonight algorithm and at the time it has only 20,000$ volume per day, I always switch to Monero using trade ogre exchange, you are good as far as there is buy orders

[miner29]

Hm, thats true, Conflux isn't available on whattomine platform for unknown reason but only Minerstat calculator has conflux (octopus algorithm) integrated, I don't mine with RTX2060 and others because they are less profitable and not worth their money but good for gamers

Sure it is...its called by the algo its used..Octopus....lower left of the listed algos.  

Shows

2080 = 48.8
2080ti = 58.5
3060ti = 48.0
3070 = 52.7
3080 = 77.0

And yes on paper conflux is more profitable....but the 24volume is only 1.5btc where as eth is over 16,000btc....liqudity is an issue for conflux vs eth.  You can always trade eth....second most liquid coin for miner...only btc is more. 

But calc says i make more....but you have limited market and limited volume to compete with everyone else who only thinks about cal number and liquidity.  Also we will see after this boom if conflux is even a thing.  Eth will be. 

The 24hrs volume of Conflux token is just 1.5btc so how is this bad for miners? You can sell whatever you mine every 24hrs if you think the volume isn't good enough or can shrink later, I used to mine graft coin with cryptonight algorithm and at the time it has only 20,000$ volume per day, I always switch to Monero using trade ogre exchange, you are good as far as there is buy orders

For you maybe 1.5BTC 24volume is enough.  Maybe you sell everyday.  I can easily but prefer to time the sales of my farms mined coins to good times...like last few weeks ive sold a lot of ETH i mined in last 18 months.  It drives the profits up.  So small volume market coins are less attractive to major coins for my strategy.  Also i prefer not to be limited to 4 exchanges 3 of which i wouldnt bother putting accounts on. 

I didnt say it wasnt profitable, but i also dont go chasing what is most profitable right this second. I prefer stable mining with good profit.  Since i take profits only periodically based on market performance...there is a lot more risk with Conflux for me.  Ill stick a few rigs on it...after i study the chart more.  Big drop in hash rate on it today (droped about 25% of its network hashrate)...which looks to match the sharp rise in difficulty.  See .... https://confluxscan.io/charts