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Author Topic: DECRED (DCR) Mining - StrongU/MicroBT - Good time to mine ?  (Read 169 times)
absanka419 (OP)
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June 25, 2021, 09:55:03 AM
 #1

Just check out some miner profitability on whattomine dot com and looks like Decred (DCR) shows the highest profitabilty using miners like the StrongU STU-U1++ and MicroBT Whatsminer D1 or even the Bitmain Antminer DR5 (34Th).

My requirement is not to stake but convert to fiat immediately. and the question is that if I'm able to get my hands on one of these miners, should I go for it ? ETH showed the highest profitability a few weeks back and now it's DCR. I am not sure why there is a sudden increase for this and I am unable to find any articles on profitability of DCR mining as well. Any help would be appreciated.
FP91G
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September 08, 2023, 12:27:48 PM
Merited by safar1980 (1)
 #2

Decred changes the mining algorithm

Decred's mining algorithm is transitioning to Blake3. An opportunity  awaits as the difficulty will reset, allowing you to dedicate CPU power  for Decred mining.Seize the chance, as it's first come, first serve.Check out the  How-To and Video Tutorial here

https://www.cypherpunktimes.com/tutorial-solo-mine-decreds-blake3/

https://www.linkedin.com/posts/decredproject_decreds-mining-algorithm-is-transitioning-activity-7097177257797935104-LNml

pools
https://miningpoolstats.stream/decrednext

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miner29
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September 08, 2023, 01:20:47 PM
 #3

2 years later does it really need a reply?
safar1980
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September 08, 2023, 09:08:48 PM
 #4

they changed the algorithm 10 days ago, but with such a distribution it’s difficult to make money there:

"The Decred network has successfully switched over to a new PoW mining algorithm (BLAKE3) and implemented a new block reward split (89% PoS/1% PoW/10% Treasury). Cry
Please note that it will likely take some time for the network hashrate and block production times to fully stabilise."
https://twitter.com/decredproject/status/1696573171330150887

1% PoW
Thanks to the team for this, you are real benefactors.

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