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Author Topic: Nicehash calcuator is not accurate.  (Read 131 times)
Paycheck (OP)
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February 16, 2021, 07:08:52 PM
Last edit: February 16, 2021, 09:54:35 PM by Paycheck
 #1

I've mined on NiceHash for a couple years off and on, and currently have 6 P104-100's and a 1060 mining for me.  According to the calculator I should be getting around $24 a day.  In reality, my payouts to my NH wallet are right about $10 a day.  I believe it is taking into account my electric cost, but even so, it's guess as to what I should be earning is WAY off.

All 7 GPUs are always mining BeamV3 through NBMiner 36.1.  

Is it the miner program and algorithm affecting my profits, or is the calculator just plain wrong?
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February 16, 2021, 07:25:48 PM
 #2

Their calculation tool is just an estimation of daily earnings and it depends on your valid shares, rejected shares, and also depends on the current price of Bitcoin.

I think you forgot to set up the nicehash software you can manually choose what miner and coin you want to mine.

Currently, this mining rig can only make you profit if you go directly on a real pool, not on nicehash.

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February 16, 2021, 08:22:36 PM
 #3

Its because you a mining "beam" and not daggerhashimoto (Eth).

The calculator assumes with those cards you'd be mining Eth, which is FAR more profitable.

As for my 3080 and 1660 Ti, the calculator has been very accurate for me, of course I am mining the most profitable algo (Eth).
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February 16, 2021, 09:16:42 PM
 #4

I see.  How do I force them to mine Eth on Nicehash, or am I just better off going to Slush's Pool or another GPU pool?  I didn't request that my GPUs mine Beam, that's just what Nicehash gives me to mine.
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February 16, 2021, 09:21:34 PM
 #5

how many gb are the cards

are they 6gb?

if they are 3 gb  they can't mine eth

if they are 6gb they can mine eth

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February 16, 2021, 09:32:54 PM
Last edit: February 16, 2021, 09:53:44 PM by Paycheck
 #6

P104-100s are 4GB.  They can be BIOS updated to 8GB, but I read through the whole proceedure and tried it on one, but it just wasn't working.  So I left the GPUs at 4GB.

So you're telling me that even though the P104's are good, they will never mine at their potential if they aren't BIOS updated to 8GB?  They will be essentially crippled and limited to lesser algorithms unless updated to 8GB ?
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February 16, 2021, 10:46:31 PM
Merited by philipma1957 (1)
 #7

P104-100s are 4GB.  They can be BIOS updated to 8GB, but I read through the whole proceedure and tried it on one, but it just wasn't working.  So I left the GPUs at 4GB.

So you're telling me that even though the P104's are good, they will never mine at their potential if they aren't BIOS updated to 8GB?  They will be essentially crippled and limited to lesser algorithms unless updated to 8GB ?

You answered your own question. Ethereum need more than 4 GB VRAM, not possible to mine with 4 GB cards nowadays. Well zombie mode exists but it's not worth the hassle. Better off if you can unlock all VRAM on the cards.
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February 17, 2021, 10:14:25 AM
 #8

p104-100 4g making 16sols on beam? if yes then it = 1.42$ a day. but if you switch to kawpow = 2.01$ a day. aeternity = 3.35$ a day. i think there was miner in nicehash for aeternity. if you have now 1 non working gpu i will recommend you do some experiemnts on it Smiley order ch341a and try update bioses thru that little fella
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February 17, 2021, 10:19:15 AM
 #9

I've mined on NiceHash for a couple years off and on, and currently have 6 P104-100's and a 1060 mining for me.  According to the calculator I should be getting around $24 a day.  In reality, my payouts to my NH wallet are right about $10 a day.  I believe it is taking into account my electric cost, but even so, it's guess as to what I should be earning is WAY off.

All 7 GPUs are always mining BeamV3 through NBMiner 36.1.  

Is it the miner program and algorithm affecting my profits, or is the calculator just plain wrong?
Sorry to say it seems you don't get the whole thing, mining calculators shows that Ethereum is the most profitable coin to mine right now why are you mining Beam? You can get that 24$ per day if you are mining Ethereum on nicehash not beam

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February 17, 2021, 10:28:39 AM
 #10

I've mined on NiceHash for a couple years off and on, and currently have 6 P104-100's and a 1060 mining for me.  According to the calculator I should be getting around $24 a day.  In reality, my payouts to my NH wallet are right about $10 a day.  I believe it is taking into account my electric cost, but even so, it's guess as to what I should be earning is WAY off.

All 7 GPUs are always mining BeamV3 through NBMiner 36.1.  

Is it the miner program and algorithm affecting my profits, or is the calculator just plain wrong?
I'm guessing your miner is performing worse due to the limited 4gb memory on the GPUs, If you are up for some modding you can looking into bios modding those cards to unlock the extra 4gb onboard, if you can't you will be stuck with other algorithm like BitTube (cuckarooo29b Algorithm) which can give you 3.5$ per your graphics card right now, here is a good calculator

https://minerstat.com/hardware/nvidia-p104-100

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February 17, 2021, 05:06:34 PM
 #11

Nicehash miner is never accurate right from the start, they are paying too less for hashrates, in your case you are mining the wrong algorithm for your graphic cards, beam is a big nice for 104-100 graphic cards, use whattomine or minerstat calculator instead

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